The Wall Street Protesters’ Pain is a Joke to those Truly Suffering around the World

Posted by PITHOCRATES - October 10th, 2011

Cuba is Imploding.  Like all Communist Countries Have.  Are.  Or Will.

Wall Street is bad.  Capitalism is bad.  Because they put profits ahead of people.  Instead of putting people before profits.  Like they do in Cuba (see A Troubling Sign that Economic ‘Reform’ in Cuba Isn’t Working by Juan Carlos Hidalgo posted 10/10/2011 on Cato@Liberty).

The number of Cubans intercepted at sea trying to reach the coast of Florida more than doubled in the last fiscal year according to figures released by the Department of Homeland Security…

This is yet another sign that the much heralded economic “reforms” announced by Havana aren’t working. The massive layoffs of hundreds of thousands of public employees undertaken by the government of Raúl Castro were meant to be absorbed by Cuba’s almost non-existent private sector…

Earlier this year I talked to an official from the U.S. Interest Section in Havana who told me that we shouldn’t be surprised if we see a steady increase of Cubans trying to escape the island towards the United States. Faced with a dilapidated economy, hundreds of thousands of unemployed, and growing social unrest, the Castro regime wouldn’t hesitate in letting more Cubans use the “escape valve” of emigration. We might be seeing the first signs of this.

The Castro brothers (Fidel and Raúl) are no fans of America.  Or capitalism.  No.  Cuba is a hardcore communist country.  Because the communist way guaranteed the best of everything for everyone.  Without corporate greed or the pursuit of profit getting in the way.  But Cuba is imploding.  Like all communist countries have.  Are.  Or will.  As they always will.  Whenever you have the government put people before profits.  Because when states do that somehow the people always take it on the chin.

So the solution to save their people?  Get rid of their people.  Let them swim to America.  Because if they’re no longer in Cuba they no longer have to feed them.  House them.  Or fight them in the inevitable revolution.

Life is Truly Difficult in Syria with some 400 People Dying on Average each Month

Castro would rather these people flee his communist utopia than fight them.  Because this kind of thing has been going on in North Africa.  The Middle East.  And he wants none of that (see Syria violence: EU poised to announce fresh sanctions in wake of latest killings by Adrian Blomfield posted 10/10/2011 on The Telegraph).

More than 30 people were killed in the latest wave of violence after security forces opened fire on a funeral in the city of Homs and the army clashed with deserters from its ranks who have defected to the opposition. The battle underscored the growing shift in the uprising from the peaceful demonstrations of its early days to an armed insurrection that is gaining strength on the periphery of what is still an overwhelmingly civilian revolt.

The latest fatalities took the overall death toll since the uprising began to just under 3,000, according to UN calculations.

Makes you scratch your head about the Libyan War.  For we launched that war to prevent these things from happening in Libya.  And here they are.  Happening in Syria.  And yet we have a different policy.  Why is that?  But that’s another story.

This brutal oppression has been going on for some 7 months.  And it’s only gotten worse.  After living under such an oppressive regime these people won’t give up.  And neither will Assad.  Making life truly difficult in Syria.  And claiming some 400 lives on average each month.  For now.

Why is Europe the go-to Continent during Humanitarian Crises?  Because they are Richer and More Capitalistic.

Some of these Syrians are fleeing their country.  A lot of them are trapped for the duration.  Not really knowing what their nation’s fate is.  Or their own.  As millions of others face turmoil throughout the world.  And millions of these are fleeing their countries.  And for their lives (see Multiplying crises create 43 million refugees by D. Parvaz posted 10/10/2011 on Al Jazeera).

Regional conflicts and the potential for violence have complicated aid efforts aimed at the nearly 12 million affected by the drought in Africa. The unrest rose to such a level that people were crossing over from Libya to Tunisia, from which people were also fleeing to France and Italy due to mass unrest.

According to the International Organisation for Migration (IOM), as of September 30, more than 700,000 people have left Libya, with the bulk of that migration, 304,127, heading to Tunisia…

Livio Zilli, the international secretariat of Amnesty International’s Refugees’ and Migrants’ Rights Team, points out that many of the people leaving Libya aren’t Libyan nationals, but likely were already among transient populations who were forcibly displaced due to security or economic issues. These people are refugees twice over…

This, said Zilli, makes the current situation: “A refugee crisis on the doorsteps of Europe.”

And Europe might not want to deal with it, he said.

Like Europe doesn’t have enough problems to deal with.  What with that whole sovereign debt crisis crippling Europe.  They’re going broke.  And spending more and more tax dollars to try and save the Euro.  Which is in danger of going the way of the dodo because of excessive government spending.  That caused excessive government debt.  And the last thing they need are tens of millions of refugees being fed and housed on the taxpayers’ dime.

Yes, this is a humanitarian crisis.  But Africa was here before Europe.  So why is it that Europe is the go-to continent during humanitarian crises?  Because they are richer than most of these countries in crisis.  And more capitalistic.  Where the Rule of Law keeps the peace.  And puts no one above the law.  Setting the stage for a prosperous free market economy.  That can provide for all a nation’s needs.  Or trade for them during times of crisis.  All handy things for a safe, healthy, prosperous nation.

No Doubt some of the Egyptian Protestors from 8 Months back are having Buyer’s Remorse

Egypt had a lot of these things.  By Middle East standards it was a pretty prosperous nation.  People had more freedom than others.  A bustling tourism industry thanks to a rich and glorious past.  Peace and stability with its neighbors.  And within the country.  Even Muslims and Christians lived together in relative peace.  For all its corruption, oppression and faults, it was one of the most benign of Middle East dictatorships.  But the Egyptian people threw out the tyrant during the Arab SpringHosni Mubarak.  And it hasn’t been as peaceful since (see Coptics Criticize Egypt Government Over Killings by David D. Kirkpatrick posted 10/10/2011 on The New York Times).

Egypt’s Coptic Christian church harshly criticized the government on Monday over its actions in crushing a bloody protest in Cairo the night before that left at least 24 people dead, mostly Christians, as grieving families began to bury their dead, some of them mangled by tanks, bullets and beating wounds.

The protest on Sunday was the most violent in Egypt since the revolution that toppled Hosni Mubarak from the presidency eight months ago and raised new questions about the country’s ability to move forward toward a pluralistic and tolerant democracy…

The violence on Sunday began after a demonstration by Christians angry about a recent attack on a church. By day’s end it had morphed into a raging riot directed against the military council that has ruled Egypt since Mr. Mubarak was ousted in February. The violence seemed to be aggravated by the public’s widespread distrust of the military’s authority because of repeated delays in turning power over to Egyptian civilians.

After some 8 months of ‘freedom’ from the tyrant the country still bleeds.  And burns.

If you’re a Christian in Egypt you no longer have the peace and security you had under Mubarak.  And if you’re a Muslim that just wants to live in peace with everyone.  As you did before the Arab Spring.  You now risk being caught in the crossfire.  Eight months and still no democracy.  Still military rule.  And growing violence.  No doubt some of the protestors from 8 months back are having buyer’s remorse.  And probably believe perhaps Mubarak with some reforms might have been better than near-anarchy they’re seeing the occasional glimpse of.

The Protesters are Asking the People to Use the Power of Capitalism to Redress the Abuses of Capitalism

We finally have a demand from the Occupy Wall Street people.  Well, not so much of a demand.  But a request.  Not for the oppressive bankers and corporate thugs.  But for the people (see Wall Street Protests Get Specific: Could ‘Bank Transfer Day’ Pit Americans Against Their Big Banks? by Martha C. White posted 10/10/2011 Time Moneyland).

The growing anger directed at U.S. banks (especially the big ones that took federal bailout funds) over recent fee increases coalesced this weekend into a Facebook-driven campaign urging Americans to close their accounts at large banks and move their money to credit unions by Nov. 5.

Remarkable.  They’ll march on Wall Street because Bank of America imposed a monthly debit card fee.  But they could care less about the out of control government spending and regulation that takes more out of their pockets every hour of every day.  But I digress.

These protesters aren’t all that original.  I’ve heard of this request before.  They’re asking the people to use the power of capitalism.  If one business becomes less attractive to your needs let your wallet voice your displeasure.  They act as if we aren’t free to be able to do this already.  But we are.  And we have a myriad of choice available.  Because that’s what capitalism is.  Businesses compete against each other to see who can please us the most.

People Truly Suffering Around the World must be Thinking if Only they Had it so Bad as the Wall Street Protesters

There is real suffering around the world.  And these Occupy Wall Street people are whining about high bank fees.  They want government to intervene.  When they already have the power to cause change themselves.  We call it free market capitalism.  We have it.  A lot of people don’t.  People in Cuba.  Syria.  Libya.   Somalia.  Kenya.  Ethiopia.  And everywhere else where capitalism is constrained and maligned.

Can you imagine these people truly suffering around the world seeing these Wall Street protesters?  Playing their drums?  Tweeting their whiny tweets to family and friends?  Wearing face paint?  Women dancing topless?  While they starve.  Get run over by tanks.  And shot.  They must be thinking if only they had it so bad.

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The Occupy Wall Street Protesters don’t want Fairness, They want Privilege

Posted by PITHOCRATES - October 9th, 2011

People who hate Capitalism hate America

Those on the Left keep trying to paint these Wall Street protesters as the Left’s version of the Tea Party.  Only better because they are standing up to corporate greed.  But when you step back and look at the broader picture you see some interesting things.  For one, our enemies abroad hate the Tea Party.  And love these Wall Street protestors (see Iran calls Wall Street protests ‘American Spring’ posted 10/9/2011 on The Associated Press).

An Iranian military commander said Sunday that the protests spreading from New York’s Wall Street to other U.S. cities are the beginning of an “American Spring,” likening them to the uprisings that toppled Arab autocrats in the Middle East.

Gen. Masoud Jazayeri of Iran’s Revolutionary Guard said the protests against corporate greed and the gap between rich and poor are a revolution in the making that will topple what he called the Western capitalist system.

So the Occupy Wall Street people have the support of Nancy Pelosi, Hugo Chavez and this guy.  This Iranian general.  Who hates America.  And would love nothing better than to see its collapse.  There’s a lesson here.  People who hate capitalism hate America.

What strange bedfellows.  Pelosi.  Chavez.  And this Iranian general.

Class Warfare Works because Gullible People are Fed with Misinformation to Produce a Withering, Festering Hate

But they don’t see that.  These Occupy Wall Street people.  All they keep hearing is how the rich are screwing them.  And business owners are getting rich by underpaying them.  Because many of them think gross sales are also net profits.  They’re not.  And have no idea of what it costs to run a business (see Small Business, Occupy Wall Street Is Aimed at You! by T. Scott Gross posted 10/9/2011 on Forbes).

Small business owners, this protest is about money—yours. And if you want to bring a semblance of sanity to the discussion, you had better start showing the money…

So I say you had better show them the money. Gather your employees. Take a handful of coins that add up to a dollar. Swipe away your cost of goods. Take out payroll and then payroll taxes. Follow with utilities, cost of capital, training, advertising, maintenance, insurance, and the rest until you have accounted for all the overhead, leaving those few lonesome pennies of profit that you have risked everything to make.

Been there.  Done that.  The problem is they won’t believe you.  Because they’ve been so brainwashed to believe you are lying when it comes to the money.  Say all you want but someone is telling them, “Sure, they say that, but look at the car your boss drives.  The house your boss lives in.  Are they better than yours?  You bet they are.  And you know why?  Because they’re screwing you.  That’s why.”

This is why class warfare works so well.  You have people who don’t know any better.  Being fed with misinformation to produce a withering, festering hate.  Which is how people like Nancy Pelosi, Hugo Chavez and this Iranian general rise to power.  By exploiting the gullible masses.

The Obama Administration wants us to Hate People Making $250,000 or More

This kind of hate makes it easy to tax the rich.  Which is a very popular sentiment these days.  Because everyone hates the rich.  Especially those who don’t make the rich cut (see Democrats aim to tax the rich — but who are they? by Kathleen Hennessey posted 10/8/2011 on the Los Angeles Times).

President Obama and Democrats in Congress have aligned on a populist, “tax the rich” strategy for the 2012 campaign. Now they have to figure out exactly who that is…

Obama and his fellow Democrats for years have described the wealthy as couples making more than $250,000 and individuals making more than $200,000 — 3% of U.S. households. By shifting away from that number in hopes of benefiting from the sound-bite punch of a millionaires tax, the administration may find it difficult to return to casting the broader net…

Obama’s threshold was based on broad principles, including the desire to leave the middle class untouched by higher taxes while collecting “enough” tax revenue, Bernstein said, although even he quibbles with the president’s cutoff and suggests that a broader tax increase may be needed in the future.

Going in the other direction — aiming for incomes of $1-million-plus — would yield far too little revenue to fund “a recognizable government,” Bernstein said. While the Democrats’ surtax proposal may make sense to pay for a jobs bill, “it’s actually quite important that $1 million does not become the new $250,000 when it comes to the permanent tax base,” he added.

Well, that complicates things.  Who’s rich?  People earning $1 million or more?  Or people making more $250,000 or more?  Who exactly are we to hate?

The Obama administration wants us to hate people making $250,000 or more.  Because there are a lot more of them than millionaires.  So that’s a lot more money they can spend.  But it’s also a lot of people to piss off by raising their taxes.  And with an election year coming up that’s the last thing those up for reelection in Congress want to do.

But if they only settle for $1 million now will that mean it will be harder to hate those making between $250,000 and $1 million later?  Oh me oh my.  Just who to hate?  As you can see this is quite the quandary for the hate monger.

Stimulus is Temporary whereas Tax Cuts and Deregulation are Forever

But there is a bigger issue at play.  You see, the problem with hating those earning between $250,000 and $1 million is that this income range includes our small business owners.  The job creators.  Who tend to not create jobs when things bother them.  Such as people waving their pitchforks at them crying, “Tax!  Tax!  Tax!” (see Poor Sales by Russ Roberts posted 10/9/2011 on Cafe Hayek).

Finally, I would note that while the survey that Invictus cites does indeed list “Poor Sales” as the single most important problem (25% in the September survey (scroll down to “Single Most Important Problem), taxes are listed as the single most important problem by 18% and government regulations and red tape is listed by 19%. So the two combine to 37%. They also happen to be two factors that government can actually control.

The Keynesians look at this and say we need more stimulus.   But if they’re saying this after that $800 billion stimulus in 2009 you can have but one conclusion.  Stimulus doesn’t work.  A big reason for this is that stimulus is temporary.  Like pain.  Whereas tax cuts and deregulation are like pride.  They’re forever.

Sales are complicated.  A lot of things influence people before they depart with their hard-earned money.  And there’s not a lot government can do about that.  But there’s a lot they can do about taxes and regulations.  And they do.  Unfortunately, they always choose to do the wrong thing.

The Occupy Wall Street People are Angry at Capitalism because they weren’t Born into Privilege

There are a few kinds of people in the world.  The informed.  Such as Tea Party People.  Who cite law and tradition in at their Tea Party events.  And the uninformed.  Such as the Occupy Wall Street People.  Who are an angry mob.  Angry at capitalism because they weren’t born into privilege.

And then you have people who love America.  And those who hate America.  Such as Iran.  And Hugo Chavez in Venezuela.  Enemies of freedom.  And democracy.  Who have come out to support the Wall Street protestors.  There’s another lesson here.   Actually, it’s the same lesson as before.  People who hate capitalism hate America.

Here’s a solution to solve their unhappiness.  Let’s ask these protesters which country is better than America.  Whatever nation that is we’ll generously pay for their one way airfare there.  Problem solved.  Everyone happy.

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LESSONS LEARNED #86: “Smug, all-knowing condescension camouflages a vacuous philosophical basis.” –Old Pithy

Posted by PITHOCRATES - October 6th, 2011

Ronald Reagan had a B.A. in Economics, Served in the Army, was President of SAG and Served Two Terms as California Governor

The Left hated Ronald Reagan.  They belittled him.  Made snarky comments like ‘he’s just an actor’.  That he wasn’t smart enough to be president.  And not qualified.  For all he could do was give a good speech.  Because he was just an actor.

Yes, he was an actor.  But he did go to college.  Had a B.A. in economics and sociology.   Enlisted in the Army and served in the cavalry.  Earned a commission in the Reserve Officer Corps just before World War II.  Served stateside during World War II making training films for the army.  Severely nearsighted, the Army classified him for limited service only.  Which meant he couldn’t serve overseas.  He served 8 years as president of the Screen Actors Guild (SAG).  During the height of the Red Scare.  Which cemented his anti-communist credentials.  (Yes, there were communists in Hollywood.  As well as in the FDR administration.)  Hosted General Electric Theater for 8 years.  He visited General Electric R&D facilities.  About 135.  Saw job creation up close during his tenure with GE.  Helping to hone his economic views.  He served two terms as California governor.  During the peak of the Vietnam anti-war protests.  When he gave his concession speak at the 1976 Republican Convention, delegates mumbled that they had nominated the wrong man (Gerald Ford).  At the age of 69, Reagan became president.  Despite snarky comments like ‘he’s too old to be president’.

So Reagan had the education.  And a long list of experience on his resume.  Experience that took him through some of the most defining moments of American history.  And spent 8 years as governor of the most populous state.  Eight years of solid executive experience.  So he was every bit qualified for office.  The people who attacked him just didn’t like his ideology.  And the fact that he was very good in elected office.  So they used smug, all-knowing condescension to belittle him.  And it worked well.  For they did not like Reagan on American college campuses.  Where kids parroted what they heard in the media.  And on their favorite shows.  But didn’t have an original thought in their heads.

Incidentally, Barack Obama got a B.S. in political science from Columbia.  And a law degree from Harvard.  He served 3 terms as Illinois state senator.  And 2/3 of a term as U.S. senator.  He had no military experience.  No executive experience.  And his only other experience was confined to academe.  Or law.  Yet those who said Ronald Reagan was not qualified to be president had no problem with Barack Obama.  Go figure.

George W. Bush had an M.B.A. from Harvard, served in the Texas ANG, ran businesses and served two terms as Texas Governor

But compared to George W. Bush, they held Ronald Reagan in great esteem.  For the Left just flat out called Bush an idiot.  And simply too stupid to be president.

For being stupid Bush was pretty well educated.  He had an B.A. in history from Yale.  A good thing for presidents to know.  History.  And he earned an M.B.A. from Harvard.  The only president to have one.  He served stateside in the Texas Air National Guard during Vietnam.  He then worked in the oil industry.  Started up some oil exploration companies.  Bush Exploration, for one.   This merged with Spectrum 7.  Where he served as chairman.  The oil glut of the Eighties hit that company hard.  It later merged with Harken Energy.   Where he served on the board.  He helped Dad run for president.  Bought a piece of the Texas Rangers after that.  Spent five years there as the managing general partner.  Built the value of the team so well that when he sold his chunk he got uber rich.  Then he served about one and a half terms as Texas governor.

This is the man the Left said was too stupid to be president.  This man who had an M.B.A. from Harvard.  One of the most pretentious Ivy League schools.  A man who worked in the energy industry.  And understood it.  Who knew how to run a business.  And did.  Even ran a Major League baseball team.  And had some 6 years of solid executive experience as the governor of the second most populous state.  So he, too, was every bit qualified for office.  The people who attacked him just didn’t like his ideology.  And the fact that he was very good in elected office.  And in the business world.  So they used smug, all-knowing condescension to belittle him.  And it worked well.  For they did not like Bush on American college campuses either.  Where kids parroted what they heard in the media.  And on their favorite shows.  But they didn’t have an original thought in their heads.  Some things just never change.

Incidentally, Barack Obama got a B.S. in political science from Columbia.  And a law degree from Harvard.  He served 3 terms as Illinois state senator.  And 2/3 of a term as U.S. senator.  He had no military experience.  No executive experience.  And his only other experience was confined to academe.  Or law.  Yet those who said George W. Bush was not qualified to be president had no problem with Barack Obama.  Go figure.

They make their Snarky Little Comments about the Greed of Corporations while Greedily Demanding more Government Benefits

And speaking of these college geniuses, you can hear a lot of them doing what they do best.  Whining.  They’re protesting up on Wall Street.  Cause they hate capitalism.  Because their tens of thousands of dollars in student loan debt hasn’t given them a high paying job.  And because they hate capitalism you know they don’t have a business degree.  Or anything that can be used in the business world.  Further, if they don’t want to be a toady to corporate America, they probably don’t have a degree that would help them gain employment with a corporation.  Like a chemistry degree.  An engineering degree.  Or a physics degree.  No.  These would have been too corporate.  And possibly too harmful to the environment.  Not to mention hard.

These protestors are living the protest life of the Sixties.  Complete with free love.  And drugs.  Which, incidentally, is why they went to college.  Not to sit in some boring-ass lectures and take exams with math on them.  And that’s why they’re so angry.  Because during difficult economic times corporations don’t have the money to waste on wasteful degrees like women’s studies.  Art.  Poetry.  French.  Anthropology.  Or some other liberal art or social science.  No.  The only high paying job opportunities for these are in academe.  Or in government.  When they are flush with taxpayer cash.  Thanks to corporations providing real jobs for taxpayers.  But when there are no real jobs, there are no tax dollars to pay for these phony baloney jobs.

So they make their snarky little comments about the greed of corporations.  About the greed of the bankers.  About the greed of Republicans.  All the while they are greedily demanding more government benefits.  Paid for by the very people they are protesting against.  While enjoying the very things these greedy corporations have given them.  They are using wireless technology to live-tweet their latest list of whines.  All technology created by the very corporations they hate.  Produced under the system they want to purge from America.  Capitalism.

If it wasn’t for Capitalism they’d be Working in a Field Somewhere for Subsistence Right Now

Look at Apple.  And Steve Jobs.  Look at what he created.  And ask yourself this.  Why Steve Jobs and not someone in Cuba?  Someone in North Korea?  Someone in the former Soviet Union?  These are three hardcore socialist regimes these protestors admire.  Who have egalitarian systems of government.  Where there is fair-shared misery.  No one lives better than anyone else.  Except those within the party apparatchik.  Which these protestors naturally assume they would be part of.  Once America became fair.  And they stripped the rich of all their wealth.  For the benefit of mankind.  And by mankind I mean these protestors.

Cuba even has a national health care system that is so impressive that Michael Moore made a movie about it.  While condemning the inferior American system.  Cuba is great.  They care about their people there.  So much so that they don’t let them leave.  For fear of the substandard love they’ll get in another nation.  Still some of these fools try to escape their utopia.  By crossing shark-infested water in some of the most unseaworthy boats.  To get to Florida.  In the USA.  To the country that the Wall Street protestors say is worse than Cuba.  If only they had iPhones in Cuba they could get their live-tweet feed from Wall Street so they would know that things are better there.  So they can stay there.  In their utopia.

Of course, it’s not better there.  And Steve Jobs wasn’t a Cuban.  He wasn’t a North Korean.  He wasn’t a Soviet.  He was an American.  An entrepreneur.  And a capitalist.  Who made Apple a rich corporation by giving us things we can’t live without.  Things we never asked for.  Things we didn’t even know about.  Until after he created them.  And he told us how cool they were.

They can make snarky, all-knowing, condescending remarks all day long about corporate greed and the evil of capitalism.  But if it wasn’t for capitalism they’d be working in a field somewhere for subsistence right now.  And the fact that they don’t know this shows how empty headed and brainwashed they are.  And what a piss-poor job our public schools and colleges are doing.

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