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Thursday, August 29, 2013

Things That Never Crossed His Mind

Obama, believing that his oratory can charm the rest of the world as it has done with America’s mainstream media, seems never to have made any deep analysis of the complexity of foreign affairs confronting us.  Why else would he make threats (about crossing red lines in Iran and Syria) without beforehand formulating well-thought-out second, third, and fourth moves, unless he naively assumed that the whole world has bought into the liberal-progressive world view.

Russia, in contrast, has played the game admirably well.

The west is playing in to Moscow’s hands on Syria

Sunday, August 18, 2013

Obama’s Foreign Policy Vision

Elliott Abrams discourses on the president’s continuing efforts to reduce America’s power to serve as leader of the free world and to teach us that our former aspirations are crimes against “citizens of the world.”

The Citizen of the World Presidency

Saturday, August 17, 2013

A Critique Of The Fed’s Economic Theory

In two articles, economist Robert Higgs explains why macroeconomic, Keynesian theories, after more than four years, have failed to produce promised results.

Is Macroeconomics Really Economics?


Recession and Recovery
Six Fundamental Errors of the Current Orthodoxy

To read the article, scroll down below the introductory pitch for the Independent Review.

Thursday, August 15, 2013

Judiciary Rules Obama Bound By The Constitution

The D.C. Circuit Court of Appeals ruled that no president, even Obama of socialistic sainthood, can unilaterally decide whether to follow laws enacted by Congress. 

Did Obama Flout the Law by Delaying Obamacare?

Monday, August 12, 2013

The Fiscal Times Assesses Obama’s Foreign Policy

Obama’s Putin Policy: Flinch and Retreat

Sunday, August 11, 2013

A Pertinent Question

Does Obama Like Putin More Than Republicans?

Saturday, August 10, 2013

Accelerating Decline

America’s Retreat Becomes a Fiasco in Russia as Well as Egypt

In the theology of liberal-progressivism-socialism, human society is inevitably evolving toward a single world government ruled by an academic elite.  This is the most likely explanation for Obama’s cringing approach to the rest of the world and his disparagement from time to time of our nation and its history.  This idyllic world of the future is envisioned by liberal-progressives as one of peace and social justice (i.e., regulated equality of consumption).

This is merely today’s version of Karl Marx’s expectation that workers would rise up and destroy capitalist owners and managers in a bloody revolution.  Presumably the fiery furnace of revolution would transform human nature, bring a society ruled by socialist workers, and allow government eventually to wither away.  Thereafter, everyone would give his best efforts to society and expect only what he needed.  Lions would lie down with the lambs.

The barbaric core of Marx’s vision, and that of Obama and his fellow liberal-progressives, is the necessity for intellectuals to make and impose the rules to create this fancied idyllic society. 

Anarchist Mikhail Bakunin, opposing Marxian collectivism in 1872, accurately foretold what life was to be under socialism:

“The government will not content itself with administering and governing the masses politically, as all governments do today.  It will administer the masses economically, concentrating in the hands of the State the production and division of wealth, the cultivation of land…All that will demand the reign of scientific intelligence, the most aristocratic, despotic, arrogant, and elitist of all regimes.  There will be a new class, a new hierarchy…the world will be divided into a minority ruling in the name of knowledge, and an immense ignorant majority.  And then, woe unto the mass of ignorant ones!”

Lenin’s Bolshevik cohort demonstrated that while some intellectuals might actually have noble aspirations, so-called social democracy in practice emerged from the business end of a gun barrel.  Lenin and Stalin liquidated tens of millions of Russian citizens deemed enemies of the revolution.

Obama, with his massive outpouring of executive orders and regulatory bureau edicts designed to thwart Congress and the judicial branch, is moving, albeit from a distance, along the same path.

Friday, August 09, 2013

Obama’s Economic Track Record

Obama’s record is at the bottom of the list comparing him to other presidents.  The man is a shrewd politician, but an ignoramus with regard to economics and foreign policy.

With our colleges and universities focusing on turning out good little socialists who believe in Marxian class warfare, we can anticipate an accelerating downward spiral in our nation’s economy and its standing in the world.

Obama’s policy, which is that of the radical left-wing liberal-progressives, points inevitably toward one end: a society in which everyone works for the government and is paid wages in dollars of ever-declining value.  That’s one way to describe the so-called social justice inherent in a socialist society, one in which everyone is equally poor and getting poorer every year.

Thursday, August 08, 2013

Probably A Rough Landing Ahead

Mike Shedlock gives us a selection of analyses of the effects of Federal Reserve monetary policy.

Posted by Thomas E. Brewton on 08/08 at 05:48 PM
Economics • (0) Comments
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Monday, August 05, 2013

Haughty Frenchman Hunting Snipe In Middle East

While the United States’ strategic position in the Middle East is deteriorating, Secretary of State John Kerry is pursuing the chimera of a peace settlement between Israel and Islamic enemies sworn to destroy Israel and annihilate the Jews.


Why the U.S. Is Crashing in the Middle East