The View From 1776

Social Justice As Foreign Policy

President Obama and Secretary of State Hillary Clinton reportedly believe that the key to world peace is an international welfare state to equalize wealth distribution worldwide.

Posted by .(JavaScript must be enabled to view this email address) on 01/24 at 01:47 AM
  1. Whether they are right or not, we have to borrow the money needed. We are already bankrupt and have nothing to give unless we borrow it first. Why not let the nations that have the money support what they want instead of lend it to use.

    Acting as "middle-man" just wastes some of the money running it through more hands and we have to pay interest on the money.

    We can't ever pay back what we have borrowed and soon will have to borrow the interest we pay on what we owe because our own taxes will all go for mandatory spending.

    This is all about "ego." It is putting on a front to convince the world we are prosperous when we are in fact bankrupt. The Government Accounting Office in their 2007 report to congress said we owe more than we own and that was before this crisis hit causing the debt to jump one trillion in this last budget year.
    Posted by JanPBurr  on  01/24  at  10:27 AM
  2. Right on, Jan!

    That is why 'a variety' of morals and ethics are under every economic system. It is the main reason humanist collectivists never pay attention - as if it has no effect on materialism and future results.

    An accurate definition of the creature is critical and fundamental to success & prosperity. We are long past the time for the Wednesday morning quarterbacks to 'learn.' They are wilfully stupid...
    Posted by Jim Baxter  on  01/24  at  11:36 AM
  3. Foreign aid to the LDC's not only has not helped their people, but has hurt them:

    Abundant statistical evidence indicates that over the past five decades the average income of most impoverished nations has either declined or, at best, remained constant, despite huge grants and programs designed to help them lift their economies and alleviate poverty and starvation. Most of the torrents of aid given by the major Western nations over that period has been either stolen or squandered
    Posted by bill greene  on  01/25  at  05:48 PM
  4. Foreign aid has failed for 50 years to help the people of the Third World. The problem is not that those people aren't willing and able to take care of themselves. The problem is that their governments do not provide an open and safe economy in which their people can work, save and invest. Plus, the governments add obstacles for those who try and get ahead.:

    When entrepreneurs can't function legally, they go underground. In 1990 Hernando De Soto noted that "the underground market now accounts for 50 percent of GDP in Russia and Ukraine and a whopping 62 percent in Georgia. The International Labour Organization reports that since 1990, 85 percent of all new jobs in Latin America and the Caribbean have been created in the extralegal sector."

    Unfortunately, this underground activity is held in check by its very illegality
    Posted by bill greene  on  01/25  at  06:11 PM
  5. BTW-- the coded box that now screen entries on this blog are the easiest I have ever seen! I'm batting 1000% with a zero error rating so far!
    Posted by bill greene  on  01/25  at  06:14 PM
  6. Good information, thanks Bill
    Posted by JanPBurr  on  01/25  at  08:14 PM
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