Tuesday, 15 May 2012


The Fraud Of Austerity

Denial is leading to collective economic suicide in Europe and the United States. The French elected a socialist president who wants to raise taxes on those elusive rich and keep spending as if there is no tomorrow.

Many on the left, including European socialists in tandem with the New York Times and its economist Paul Krugman, are falsely claiming that Europe and even the United States are being saddled with "austerity." Their claim is that governments are not spending enough to reduce unemployment. They want higher taxes on the most productive plus bigger government.

Whose Fault Is It?

Duly Noted

Why most of the time we have our collective selves to blame.

We like to blame government for our troubles. This tells that government’s role might be overestimated. Nevertheless, many problems would not exist if statists had not fixed what worked before their interference.

Apparently, government power is limited when it endeavors to repair something it declares to be broken. A case can be made that it is a force whose intentions tend to be misdirected, its goals falsely identified, and the means chosen unfit to solve the problem.

Britain: A Nation Of Flip Floppers?

This Sceptered Isle

Local council elections on Friday saw the coalition Conservative-Liberal Democrats Government wounded and embarrassed by huge losses. Although Boris Johnson was reelected as London Mayor, after only two years in power, the dominant Conservative Party lost a massive 405 councilors in the 181 districts that went to the polls in England, Scotland, and Wales.

But not every party is in decline in the UK. The rise of the Green Party’s Caroline Lucas, George Galloway of Respect — a kind of Leftist-Islamist coalition — and the United Kingdom Independence Party portends, possibly, the beginnings of a seismic shift in electoral politics, and one that might eventually lead to the collapse of British politics as we know it.