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

Posted by PITHOCRATES - October 4th, 2011

Did the Ivy League make George W. Bush an Idiot?  And, if so, is Barack Obama also an Idiot?

Have you ever been belittled by a liberal?  After getting pulled into a conversation, say, about George W. Bush?  Or Ronald Reagan?  I have.  And often.  So often that I avoid these debates with liberals anymore.  Because you can’t debate with liberals.

I remember after George W. Bush won reelection.  Two liberals were having a discussion near me at work.  They just couldn’t believe how stupid the American people were.  One was a fifty year old hippy who still dressed like she was 20.  The other had a love affair with France.  Even loved Napoleon.  Funny.  As she hated George W. Bush for waging war.  And he didn’t wage half the war Napoleon did.

Anyway, I piped up.  I said why are Americans so stupid?  For reelecting George W. Bush?  They said because George W. Bush was an idiot.  I asked them to elaborate.  They did not.  Apparently, there was nothing more to say.  No specific examples.  No discussion of underlying philosophies.  Just that George W. Bush was an idiot.  Case closed.  An idiot, I might add, that was educated in their beloved liberal Ivy League.  The same Ivy League that educated Barack Obama.  And the majority of the power players in Washington.

Liberals know Everything and can Say Anything no matter how Silly and Asinine it Is

Of course, it didn’t end there.  Because I didn’t accept ‘he’s an idiot’ as an intelligible response to my question why were Americans so stupid, guess what?  I was stupid.  I was one of the great uneducated masses who should not be allowed to vote in their preferred world.  Then the ridicule came.

Their only response to my question was name calling.  Of the president.  And the American people.  No ideological discussion whatsoever.  And they laughed at me with that all knowing condescension.  They were liberals.  They knew everything.  And could say anything.  No matter how silly and asinine it was.  And because I question them I hated the poor.  I was a warmonger.  And a fascist.

The last was rather amusing.  Because I was a conservative.  Still am.  And conservatives hate fascism.  Or corporatism.  Big time government involvement in the private sector economy.  Like they want.  Making them the fascists.  Not me.  From what I could glean they were in favor of the state redistributing wealth.  Taking from the rich to give to the poor.  Like the hippy protestors of the Sixties.  They just wanted to stick it to the man.  Have sex (the old hippy had a bumper sticker saying something about being proud to be an ex-porn star.  I don’t think she was.  She just liked being provocative.  And having lots of sex.  Based on the conversations she had within earshot).  And, of course, decriminalize pot.

Liberals hate Corporations, Bankers and Republicans

They were your quintessential liberals.  Ignorant.  They hated Republicans because they want to take their freedoms away.  Because it’s Republicans that keep drugs illegal.  It’s Republicans that want to criminalize abortion.  Take away your welfare.  Who refuse to raise the minimum wage to a living wage.  Who let people get rich.  And refused to confiscate rich people’s wealth when they get rich.

They hate Republicans because they are too friendly to corporate America.  Who think more of their shareholders (the corporation owners who hire people for the express purpose of making a profit for them).  Than the American people.  And enslave the American people to maximize profits.  By charging high prices for expensive goods.  Charging interest on loaned money.  And tricking American people into living beyond their means and accumulating debt.  That they charge interest on.

Liberals hate corporations.  And Republicans.  They would like to abolish interest.  And all debt.  From sovereign debt.  To credit card debt.  Just make it go away.  And let the evil bankers just write it off.  They would like to have free health care for everyone.  And a minimum living wage for everyone.  Whether they work or not.  That’s their kind of freedom.  Of course, to have it they’ll have to bring back the institution of slavery.

Liberals Created an Aristocracy for themselves by Taxing the Productive People to Excess

Yes, you heard right.  Their freedom is another’s slavery.  For they want a welfare state.  Where the poor get everything they could ever want from cradle to grave.  And how do you pay for all of this free stuff?  By taxation, of course.  Before the government redistributes any wealth someone has to create it first.  People with jobs.  Or who own businesses.  People that have value that trade with others who have value in the free market economy.  We are traders.  And you can’t trade with someone who doesn’t produce anything of value.

Money came into being as a way to make this trading things of value easier.  People traded their things of value (goods and/or services) for money.  Then traded that money for other things of value they wanted.  It made going to the market a whole lot easier.  You didn’t have to find people to trade with who had what you wanted while having what they wanted.  You simply found what you wanted.  And paid for it.  With the money you had from selling your things of value.

Government grew from taxing these productive people.  At first just enough to provide the public goods of society.  Then liberals created an aristocracy for themselves by taxing the productive people to excess.  For liberals don’t create anything of value.  They get worthless college degrees and get worthless jobs.  In the public sector.  Or in the private sector that survives on public sector funding, i.e., crony capitalism.  They are parasites.  Living off of the productive people.  Who pay for the welfare state.

Houses are Built when Productive People Trade different Sets of Skill for Money

So let’s play make believe.  Let’s say the liberals get their way.  Like the old hippy and France lover.  Let’s say they take all the wealth from the rich.  They abolish all debt.  Make it a crime to loan money.  What will that do?  Make home owning a thing of the past for one.  Because most Americans could never buy a house without a mortgage.

Wait a minute, the liberals will scream.  That won’t happen.  Because government will just give houses to the people.  Really?  But who will build them?  If people can’t get a mortgage to pay a builder, how will the builder pay the carpenters, electricians, plumbers, roofers, etc., who build these houses?  People don’t work for free.  You see, these skilled trades trade their skills (carpentry, electrical, plumbing, etc.) with builders.  Builders trade their skill (financing and construction management) with skilled trades.  Banks trade their skills (mortgage banking) with builders.  This is how people build houses.  Productive people trade different sets of skill for money.  The end result is that people can get a mortgage and buy a house.  With the money they earn from trading their skills.

So if the liberals get their way and get rid of the things they hate then there is only one way to build houses.  Slavery.  Forcing carpenters, electricians, plumbers, etc, to work for the state.  For free.  Like a slave.  So the state can redistribute their wealth (i.e., their skill) to others.  Because people won’t willingly give their skills away for free.  That’s why they join unions.  To get the best deal they can get for their skills.  Which is another thing liberals will have to get rid of to live in their utopia.  Unions.

Liberals are about as Ignorant as they Come and have no Understanding of Basic Economics

Liberals have a smug, all-knowing condescension for people who don’t share their views.  In their minds they are brilliant people.  Because they parrot what other liberals say.  Because in their minds they think that makes them sound brilliant.  But they’re not.  They are about as ignorant as they come.  They have no understanding of basic economics.  And their pretentious airs only camouflage a vacuous philosophical basis.

www.PITHOCRATES.com

Share

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

FUNDAMENTAL TRUTH #59: “When the Right partners with business the Left calls it crony capitalism. When they partner with business the Left calls that smart government.” -Old Pithy

Posted by PITHOCRATES - March 29th, 2011

The Right likes Capitalism, the Left likes Marxism

Crony capitalism isn’t capitalism.  At best it’s mercantilism.  At worse it’s autocracy.  But the critics of capitalism haven’t the foggiest clue of what capitalism is.  They think it just exploits the working class.  Like Karl Marx said.  Of course, Karl Marx was wrong.  His philosophy has never worked.  Whereas capitalism, true capitalism, has.  Try to point to a successful Marxist country today.  You can’t do it.  Because when you take from those according to ability and give to those according to need you have everyone trying to show as little ability and as great need as possible.  Put yourself in that position.  Do you want to show some genius and work 12-hour days and see all of your earnings go to people sitting at home collecting state benefits?  Or would you rather not work those 12-hour days, relax at home and collect those state benefits?  If these are your choices, you don’t have to answer.  Because everyone is going to choose to stay at home and collect benefits.  Because no one volunteers to be a slave.

In such a world try to imagine how many cellular towers people would install when no one wants to work.  Not many.  Which means no cell phones, no text messaging, no internet on your mobile device and no sitting in your favorite coffee shop Internet hotspot.  For no one will spend the excruciating time, money and effort to create something while he or she is paid less than those with greater need who do nothing.  In other words, there is no incentive to work hard.  So no one will work hard.  Just like you won’t work hard by working overtime hours for free.  And why won’t you?  Because when you work you sell your time to an employer.  It’s your time.  If no one is paying you for it, you’d rather do something fun.  We all would.  Because it’s our unalienable right to pursue happiness.  Like Thomas Jefferson wrote in the Declaration of Independence.  And pursue it we do.  Because when it comes to our happiness, we’re all Jeffersonians.  Even Alexander Hamilton.  Even though they often saw things differently.

And one of those things was capitalism.  Jefferson didn’t like bankers.  Especially when they were in tight with the government.  Hamilton, on the other hand, liked the bankers.  Because he knew the difference between money and capital.  Assume everyone has a few bucks in their pockets.  What is that going to buy these individuals?  Not much.  Certainly no cellular towers.  But when you pool that money together you get capital.  And capital can buy cellular towers and the other conveniences of modern society.  And this is capitalism.  There’s a little more to it but the point is capitalism provides incentive.  And incentive stimulates innovation.  People take risks, work hard and create great things.  Marxism, on the other hand, provides no incentive for anyone to innovate.  There are no risk takers and people work the bare minimum they can get away with.  And there is nothing great in a Marxist society except misery, hunger and fear.  North Korea and Cuba are about the last of the Marxist societies remaining.  The Soviet Union, Eastern Europe and Mao’s People’s Republic of China are relics of the Cold War.  Now on the ash heap of history.  And all of these countries have/had sealed borders.  People could not leave.  If they tried they often died.  Many still risked it.  Because life was horrible under Marxism.

Jefferson the anti-Capitalist turns to Capitalism

Now whenever you gather money in great big piles you invite corruption.  Especially in government.  Which is what Jefferson feared.  You need money to do things.  And if government had access to great pools of it, they could do a lot of things.  Build armies.  Build navies.  Fight wars.  Grow the size of government.  Increase the size of the federal payroll.  Buy favors.  Sell patronage.  So more and more people became part of a growing, bloated federal government.  Who then had a vested interest in seeing it continue to grow to protect and increase the power and money they had.  All the great cities in the old world (London, Paris, Madrid, etc.) were corrupt.  The bankers were in bed with the politicians.  And the people suffered.  In his beloved France, Jefferson saw firsthand this insidious combination of money and power impoverish and starve the masses.  He saw revolutionary fervor grow in the Jacobin clubs.  And witnessed the outbreak of the French Revolution.  To check the power of the absolute monarchy and instill republican ideals.  And he liked what he saw.

With the backdrop of history, two men (and their followers) pulled America in two directions.  The Hamiltonians wanted to model America after the British Empire.  Rich and powerful.  Jefferson envisioned a nation of citizen farmers.  Simple farmers toiling the land.  Free from the corruption of the banks and the merchants.  With limited government.  Working with a modest federal budget.  Without any debt.  Of course, this all went out the window with the Louisiana Purchase.  When he needed a big whopping pile of money.  And a little extraconstitutional authority as well.  Sort of like a European monarch.  Which he took.  And thanks to a little thing called capitalism, the British and Dutch put together some creative financing for the French and the Americans.  They paid cash to France in exchange for the American bonds they just underwrote.  Some would say it was a bit hypocritical considering his attacks against Hamilton, but the U.S. profited very well from that purchase.  The point being is that even an ardent anti-capitalist like Jefferson had to turn to capitalism to close this deal.  Because there was no other way a young and poor nation could ever come up with that kind of money without borrowing it.

But all politicians aren’t like Thomas Jefferson.  In fact, shortly after the Founding Father generation, government began to grow.  There were political favors.  Pandering.  And corruption.  As the quality of the politician declined more unscrupulous people were attracted to government.  A growing nation needed to grow.  It needed to build things.   Armies.  Navies.  Forts.  Government buildings.  Post offices.  Canals.  Railroads.  As the nation grew it collected more taxes.  It soon had a lot of money to buy these things.  And issuing contracts for these things could be a very lucrative endeavor.  For the unscrupulous politician.  Who would only contract with those who made it worth his while.  The unscrupulous businessman.

Buying and Selling Favors for Personal Gain

This is crony capitalism.  The joining of business and government in backroom deals.  This isn’t laissez-faire capitalism.  This is the buying and selling of favors for personal gain.  And this is what many people think capitalism is.  Especially those critics on the Left.  Who think in zero-sum terms.  The only way some people can have more money is if other people have less.  Some people are lucky.  Some just aren’t.  Ability and ambition have nothing to do with it.  It’s all based on who you know.  And when money and power is concentrated in too few hands, it shuts out others from the market place.  And that’s just not nice.  Good people will be unable to make other and more important things.  So unless someone smart steps in and coordinates this economic activity, that activity will be inefficient.  It will build the wrong things.  And the wealth will accumulate in the wrong hands.

These politicians want to partner with business to make the right things.  By the right people.  The things they want to see built.  And not the things they don’t like.  A good example of this today is the electric car.  And the internal combustion engine.  They love one.  And despise the other.  They put in policies to increase the cost of gasoline-powered cars.  And the cost of gasoline.  And provide subsidies to electric car companies to help them build cars no one wants to buy.  And subsidies to consumers to reduce the price on electric cars.  So they’ll buy something they don’t want.

Currently, there is no market for the electric car.  People are buying it now for one of two reasons.  Because of the subsidies.  Or the smugness.  Yet companies are building these cars.  Why?  Well, they’re not doing it to lose money.  They’re making money.  Somehow.  But it isn’t in the market place.  And if it isn’t the market place, it can mean only one thing.  They are getting some sweet federal subsidies to build these cars no one wants.  And this just isn’t capitalism.  It’s another example of crony capitalism.

The Left hates Shareholders, not Corporations

The Left attacks the Right for being the party of the big corporations.  They’re nothing but a bunch of crooks.  The corporations.  And the Republicans.  Republicans pander to the corporations.  They want to deregulate their industries.  While consumer safety suffers.  As does the environment.  And they want to cut their taxes.  Paid for by tax hikes on the poor and working class.  To those on the Left the business corporation is evil incarnate.  Unless they want to partner with them.  And build things together.  Then they’re okay.

The Left hates corporations.  Yet it’s always the left that favors corporatism.  The partnering of business and government.  Like in Mussolini’s fascist Italy.  Or outright nationalization of the corporation.  A complete takeover by the government. Like in Hugo Chavez‘s Venezuela.  It apparently isn’t the corporations per se they hate.  It’s the shareholders.  They have no problem with these corporations making obscene profits.  As long as the politicians can share in these profits.

So there you have it.  The difference between crony capitalism and smart government.  It all depends on the amount of money flowing into the government’s coffers.  If the shareholders keep the full return on their investment then the business and Republicans are practicing crony capitalism.  If the shareholders share their return on their investment with the Democrats, then that’s smart government partnering with business.

www.PITHOCRATES.com

Share

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,