Lawyers make a lot of Money without Contributing anything Tangible to Society
An attorney was sitting in his office late one night when Satan appeared before him. Satan said, “I have a proposition for you. You can win every case you try for the rest of your life. Your clients will adore you, your colleagues will stand in awe of you and you will make embarrassing sums of money. All I want in exchange is your soul, your wife’s soul, your children’s souls, the souls of your parents, grandparents, parents-in-law, the souls of all your friends and law partners.” The lawyer thought about this for a moment then asked, “So, what’s the catch?”
That’s funny, isn’t it? Lawyers. Ambulance chasers. The butt of so many jokes. Why? Well, some will say they deserve it. Because they do chase ambulances. And will pass out their business cards if they’re on a sinking ship. Because sinking ships are good for lawsuits. And lawyers love to sue. For they can make a lot of money without contributing anything tangible to society. All they do is get between two parties when large sums of money change hands. And put a portion of that money into their pockets. That’s how they earn their living. Taking money away from others. They’re parasites. Just to get rich. And the big tort lawyers (those who sue people and businesses) get really rich. Allowing them to live very privileged lives.
Take a class action lawsuit. Where they bring a lot of wronged people together to sue a large corporation. The old David and Goliath thing. A little person can never take on a big corporation. But a whole class of them can. When represented by a tort lawyer. Who liken themselves as heroes of the little guy. Taking the big corporation on to make them pay for all the horrible things they’ve done to their clients. But who do they really help? Let’s say they win a judgment from a big corporation of $250,000,000. That’s a lot of money. From that sum they take their cut. Let’s say 50%. Leaving $125 million for the people the corporation wronged. That’s a lot of money. So the people won, too, right? Not really. For there are a lot of people represented in these class actions. Let’s say 5 million in our example. So if you divide the $125 million by 5 million that comes to $25 per person. So, again, who did the lawyers really help? The lawyers. Which is why there are so many lawyer jokes.
In the Private Sector if you want to spend Half of your Life Retired you have to Pay for It
Lawyers vote Democrat. Because they like being privileged people. They don’t want the laws changing that allow them to get so rich when money exchanges hands. Which is why they donate heavily to the Democrat Party. And don’t donate to the Republicans. Who complain about the high costs of frivolous lawsuits to businesses in an overly litigious society. It’s so bad that a footnote in the financial statements of a corporation about a lawsuit is not that big of a deal. Why? Because so many corporations are sued that investors are more surprised to see one that isn’t being sued. This is why Republicans want tort reform. And pass ‘loser-pays’ into law. Like many other countries have. Where the loser in court pays for the attorney fees for the side that wins. Which would greatly cut down on frivolous lawsuits. And cut the costs businesses incur from these frivolous lawsuits that they pass on to their customers. So the lawyers donate to Democrats. To prevent any tort reform that would change the easy way lawyers have of getting rich.
It’s the world’s oldest profession. Screwing people for money. But lawyers aren’t the only ones seeking privilege. There are a lot of others, too. Interestingly, they, too, support the Democrat Party. Such as the United Autoworkers. They donate heavily to the Democrat Party to keep labor laws favorable to unions. To make it more difficult for their nonunion competition. And to use the power of government to force people to pay may for a union-made car. Allowing their union members to live better lives than those outside of the UAW. And when even that doesn’t allow General Motors to pay its bills when selling a record number of cars the UAW goes to government for a bailout of their woefully underfunded pension fund. So their union members can continue to have a more generous retirement at an earlier age than those outside of the UAW.
Teacher unions seek privilege, too. You hear a lot about how the teachers don’t earn that much. But then again, they don’t work that much. Getting 3 months off in the summer. So you can’t compare their wages to people who don’t get the 3 summer months off. But for teachers it’s not so much about the paycheck. It’s the benefits. Very generous health insurance coverage. And pensions. Which have gone the way of the dodo in the private sector. Because people are just living too long into retirement. When they first set up these pensions people were dying in their sixties. The actuaries never saw people living into their eighties as common. So in the private sector if you want to spend half of your life retired you have to pay for it. And you work as long as necessary to fund the retirement you want. The union pensions just can’t work these days as they once did. Which is why teacher unions like the United Autoworkers and lawyers support the Democrat Party. They want to keep their privileged lives.
The Wealth Transfers of the Welfare State give Democrats Money and Privilege
Of course privilege is nothing new to the Democrat Party. They have long stood for privilege. Even now. As the Democrats provide themselves all kinds of exceptions from the Affordable Care Act. For more expensive and lower quality health insurance is good for the masses. But not for the privileged elite. Or their special friends who support them so generously with campaign donations. Congress has had a history of exempting themselves from the laws they pass for us. It took the Republican winning of the House in the 1994 midterm elections to change that. The first Republican-controlled House since 1952 required Congress to be held to the same laws as the rest of us. A bitter pill for Democrats to swallow. For their feelings of privilege go way back.
The Democrat Party can trace its pedigree back to Thomas Jefferson’s Democratic-Republican Party. The party of the slave-owning planter elite. Who from day one fought for their privilege starting with the Three-Fifths Compromise. To give them a greater say in the new national government than their voting population allowed. The planter elite’s South turned into an Old World aristocracy. With great manors for the landed aristocracy. And vast lands worked by slaves. Very similar to feudalism in the Old World. And something they fought hard to keep. Their privilege. The Southern Democrats used the power of the national government (such as the Fugitive Slave Act) to interfere with state laws in the North. To protect their feudalism by keeping slavery legal as long as they could while the north was industrializing and modernizing. With paid laborers. When they lost control of the House due to the growing population in the North they turned to war. Saying that the national government was interfering with state laws in the South. And getting poor southern farmers who owned no slaves to fight and die so the southern aristocracy could live on.
When the Southern Democrats lost the American Civil War they scrambled to maintain their privilege. They unleashed a terror on the freed slaves and Republicans with the KKK. The Democrats then wrote Jim Crowe Laws. Separate but equal. Government-enforced racial segregation. During debate of the Civil Rights Act of 1964 Democrat and former Exalted Cyclops of the KKK Robert Byrd filibustered for 14 hours. To keep the South segregated. With power and privilege in a new aristocracy. Centered not on land but political power and cronyism. Even becoming the party for blacks as ironic as that is. Trading government programs for votes. And destroying the black family in the process. Aid to Families with Dependent Children (AFDC) replaced black fathers with government. And moved single mothers and their children into housing projects that became infested with drugs and crime. But this large (and failed) welfare state transferred a lot of wealth to the Democrats. Giving them money and privilege. That they can use to maintain their power. By taking care of those who take care of them. Lawyers, the UAW, teacher unions and other privilege seekers. For nothing has changed on the left. They have been and always will be an aristocratic-thinking, privilege-seeking people who want to live better than the rest of us. While we pay for their privileged lives.
Tags: aristocracy, aristocratic-thinking, attorney, class action lawsuit, Democrat, Democrat Party, far Left, feudalism, frivolous lawsuits, health insurance, lawsuits, lawyer, money, North, Old World, pension, planter elite, privilege, privilege seekers, privilege seeking, privileged elite, privileged lives, Republican, retirement, slaves, South, Southern Democrats, teacher unions, teachers, tort, tort lawyer, tort reform, UAW, union, unions, United Autoworkers, wealth, welfare state
(Originally published April 1st, 2013)
Money would have No Value if People with Talent didn’t Create things of Value
Money is a temporary storage of wealth. We created it because of the high search costs of the barter system. It took a lot of time for two people to find each other who each had what the other wanted. And we started trading things to have things we couldn’t make efficiently for ourselves. Someone may have been a superb potter but was a horrible farmer. So, instead, the potter did what he did best. And traded the pottery he made for the things he wanted that he was not good at making. Or growing. Before that we were self-sufficient. Whatever you wanted you had to provide it yourself.
As we go back in time we learn why money is a temporary storage of wealth. For it was the final piece in a growing and prosperous economy. And at the beginning it was people with talent, each creating something of value. Something of value that they could trade for something else of value. It’s the creative talent of people that has value. And we see that value in the goods and/or services they make or provide. Money temporarily held that value. So we could carry it with us easier to go to market to trade with other talented and creative people. Who may not have wanted what we made or did. But would gladly take our money.
So we took our goods to market. People that wanted them traded for them. They traded money for our goods. Then we took that money and traded for what we wanted elsewhere in the market. Trade grew. With some people becoming professional traders. By trading money for goods from distant lands. Then trading these goods for money at the local market. People who didn’t spend time creating anything. But bought and sold the creative talent of others. Who were able to do that because of money. The creative talent came first. Then the goods. And then the money. For money is a temporary storage of wealth. Which has no value if no one is making anything of value. Because if you can’t buy anything what good is having money?
There were no more Gold Certificates in Circulation than there was Gold in the Vault to Exchange them For
These early traders used a variety of things for money. Pigs, tobacco, grain, oil, etc. What we call commodity money. Which was valuable by itself. As people consumed these commodities. Which is what gave them the ability to store value. But because we could consume these they did not make the best money. Also, they weren’t that portable. And not easy to make change with. Which is why we turned to specie. Such as gold and silver. Hard money. It was durable. Portable. Divisible. Fungible. For example, all Spanish dollars were the same while all pigs weren’t. One pig could weigh 30 pounds more than another. So pigs weren’t fungible. Or durable. Portable. And, though divisible, making change wasn’t easy.
So in time traders big and small turned to specie as the medium of exchange. For all the reasons noted above. If you worked hard to produce fine pottery you trusted in specie. You would accept specie for your pottery goods. Because you knew this hard money would hold its value. And you could use it in the future to buy what you wanted. No matter how long that may be. Why? Because the money supply remained relatively constant. As it took a lot of work and great expense to mine and refine ore to make specie out of it. So there was little inflation when using hard money. Which meant if you saved for a rainy day that hard money would be there for you.
Gold and silver could be heavy to carry around. Anyone struggling under the weight of their specie were targets for thieves. Who wanted that money. Without creating anything of value to bring to market. So we found a way to improve a little on using gold and silver. By locking our gold and silver in a vault. And carrying around receipts for our gold and silver to use as money. These gold certificates were promises to pay in gold. People could continue to use them as money. Or they could take these receipts back to the vault and exchange them for the gold inside. These gold certificates were as good as gold. And there were no more gold certificates in circulation than there was gold in the vault to exchange them for.
Governments Today use nothing but Paper Money because it gives them Privilege, Wealth and Power
Some saw advantages of expanding the money supply with paper currency. Money that isn’t backed by gold or any other asset. Money easy to print. And easy to borrow. Allowing rich people to borrow large sums of money to buy more assets. And get richer. Giving them more power. And if you were the one printing and loaning that money it gave you great wealth and power. So having a bank charter was a way to wealth and power. You could make it easy for those who can help you to borrow money. While making it difficult for those who oppose you to borrow money. So there were those in business and in government that liked un-backed paper money. Because a select few could borrow it cheaply and get rich and powerful.
While some liked these banks and that paper money there were others who bitterly opposed them. Some who didn’t like to see so much power in so few hands. And the hard money people. Who wanted a money that held its value. The common people. People who couldn’t borrow large sums of cheap money. But people who had to get by on less as the inflation from printing all those paper dollars raised prices. Leaving them with less purchasing power. Making it harder for them to get by. Often having to turn to the hated banks to borrow money. Again and again. Such that the interest on their loans consumed even more of their limited funds. Making life more tenuous. And more bitter between the classes. The rich who benefited from the cheap paper money. And the common people who paid the price of all that inflation.
Rich people, on the other hand, loved that inflation. It helped them make money. When they bought something at a lower price and sold it at a higher price they made a lot of money. The greater the inflation the greater the selling price. And the more profit. Also, the money they owed was easier to pay off with money that was worth less than when they borrowed it. Allowing rich people to get even richer. While the common people saw only higher prices. And the value of their meager savings lose value. So this cheap paper money fostered great class warfare. The hard money people hated the paper money people. Debtors hated creditors. The middling classes hated the large landowners, merchants, manufacturers and, of course, the bankers. And those who had talent to create things hated those who just made money with money. The greater the inflation the greater the divide between the people. And the greater wealth and power that select few acquired. This is what paper money gave you. Privilege. Which is why most governments today use nothing but paper money.
Tags: banks, barter system, class warfare, commodity money, creative talent, divisible, durable, fungible, gold, gold certificates, goods, hard money, inflation, market, medium of exchange, money, money supply, paper currency, paper money, people with talent, portable, power, privilege, purchasing power, search costs, silver, specie, talent, temporary storage of wealth, trade, traders, value, wealth, wealth and power
Week in Review
The history of the world is not pleasant. It is one where brutal oppression has been the rule. Where a king or a lord or a chieftain used brute force to establish a leadership position in a tribe. Then that tribe followed that leader to conquer other people. To rape and pillage those around them. As these groups grew larger power concentrated in the few hands at the top. Who lived very well. As did the people who protected them. But the people beyond this inner circle? They were expendable. And lived nowhere near as well. For there just wasn’t enough for everyone to live like that. Which is why people want power. So they don’t have to live the miserable lives of the masses.
Times have changed. But one thing hasn’t. There is always a group of people that wants to live better than the masses. Today some use politics to give themselves privilege. Like the United Auto Workers. And public sector unions. Two things that led to the bankruptcy of Detroit. See how people seeking privilege destroyed one of the greatest cities in the world. The Motor City. The city that won World War II. See how it fell from glorious heights into the shell that it is today in this documentary (see BANKRUPT…. How Cronyism And Corruption Brought Down Detroit by FTR Media in conjunction with Ben Howe and Mister Smith Media posted 2/1/2014 on FTR Radio).
The message is clear. And a clarion call for the elections this fall. Detroit is a Democrat city. And it has been a Democrat city for decades. Detroit was a model of Democrat Party rule. And that model failed. As it is failing—or will fail—in other large Democrat cities. And, perhaps, a Democrat-controlled United States. Something we may be able to avoid if we stop voting for the party of privilege. The Democrat Party.
Tags: bankrupt, Democrat, Democrat city, Detroit, privilege, seeking privilege
Slavery made the South more like an Old World Aristocracy than a New World Meritocracy
Democrats don’t like people of color. Never have. The Democrat Party’s lineage goes back to Thomas Jefferson’s Democratic-Republican Party. Thomas Jefferson was one of our Founding Fathers who, as the Democrats love to remind us, owned slaves. In fact, the Democratic-Republican Party was the party of the planter elite. And of slavery. While the opposition party, the Federalists, whose members included George Washington, John Adams and Alexander Hamilton, preferred manufacturing and commerce for the future of the United States. Not just plantations and slavery.
It was these southern planters who made the Three-Fifths Compromise necessary. Slaves couldn’t vote. So the North didn’t want to count them in determining the number of representatives a state had in the House of Representatives. The planter elite did not like this. As the anti-slave North had more free people and would end up controlling the government. Possibly passing anti-slave legislation. Well, without the southern states there would be no United States. So they compromised and counted some of their slaves. Giving the planter elite greater power in the new federal government than their population would otherwise have allowed. And to seal the deal they agreed not to discuss the issue of slavery again for 20 years.
The minority power in the South, the planter elite, who were Democratic-Republicans, brought a lot of slaves to the United States during that 20 year moratorium on the slavery issue. Swelling the slave population in the South. But once the 20 years were up Congress banned the slave trade. So from that point forward all slaves would have to be born on U.S. soil. But the minority power in the South had built their little fiefdoms by then. Owning large estates. With their lands worked by their large slaveholdings. Making the South more like an Old World aristocracy than a New World meritocracy. And the planter elite liked having so much power vested in so few of their hands. From having their few numbers control the federal government. To their absolute control of so many human lives on their plantations. They were an elite few. A superior people. And they liked it.
The South used the Power of the Federal Government to Suppress States’ Rights in the North with the Fugitive Slave Act
Over time as the north pursued the dreams of Washington, Adams and Hamilton immigration began to swell the population in the industrial North. Leading to the South losing their control over the House of Representatives. And threatening their elitism. By then the Democratic-Republican Party had become the Democrat Party. Which pushed to protect the institution of slavery. To protect their southern aristocracy. And their elevated status as a superior people. They used the power of the federal government where they could. Such as passing the Fugitive Slave Act to force free states against their will to return free blacks in their states to slavery. Then they argued that their states’ rights were at risk with all of the North’s abolition talk. Where the North might one day do what the South did to them. Use the federal government to force a state to do something against their will. Such as they did with the Fugitive Slave Act.
Their fight for the Senate led to further compromises to keep the union together while accommodating the planter elite. The Missouri Compromise (1820) had prohibited slavery in the new territory in the Louisiana Territory above approximately the southern border of Missouri (but permitted it within the borders of Missouri). Each state gets two senators. So with the House lost the Democrats needed more of the new states from the Louisiana Territory entered into the Union as slave states. Even those above the southern border of Missouri. Which they did with the Kansas–Nebraska Act. Which repealed the Missouri Compromise and replaced it with popular sovereignty. Where the people would chose whether they wanted to be a slave state or a free state. Setting off a mad rush by both sides to get to these territories so they could vote the slave status of these new states their way. Leading to a bloody civil war in Kansas.
Then another blow fell to the southern aristocracy. Abraham Lincoln. With the election of Republican Abraham Lincoln the southern aristocracy lost not only the House of Representatives but the presidency as well. Worse, the Republicans were an anti-slavery party. So even if they were somehow able to hold onto the Senate the Republicans in power would challenge the planter elite’s supremacy. Break up their fiefdoms. And challenge their power. Something this elite few were willing to fight to prevent. Well, they were willing to have others fight for them. To maintain the social order in the South. Leading to cries about states’ rights. And an over-powerful federal government. Despite their having used the power of the federal government to suppress states’ rights in the North with the Fugitive Slave Act.
Democrats see Benefits for Blacks as a Necessary Evil to keep them in Power
Most southerners were poor farmers. Who owned no slaves. Yet they rose to fight for states’ rights. And to protect the South from northern aggression. At least, that was what the planter elite had them believe. Who sent many of these poor farmers to their deaths in the American Civil War. When it was over approximately 8.6% of the South’s population was dead. By comparison World War II killed approximately 405,399 Americans. However, if we had suffered the same death rate as the South did in the American Civil War our World War II dead would have totaled over 12 million. This is what the southern aristocracy was willing to—and did—sacrifice to maintain their power and privilege. Their supremacy over other people. Especially over their black slaves.
Such a feeling of superiority allows you to do some pretty horrible things. Just review the history of Nazi Germany to see some of the atrocities a ‘master race’ can do. In the post-war South the Democrats did not lose with grace. They resented the martial law in the South after the war. And they hated Republican rule. Protecting their former slaves. Even allowing them to run for government office. It was all too much for the fallen southern aristocracy. To remind people of the proper order of southern society they formed the KKK. And unleashed a terror across the South. Killing their former slaves. And Republicans. To codify their white supremacy the Democrats turned to the legislature. And passed laws to segregate the ‘inferior blacks’ from their superior selves. Jim Crowe Laws. Separate but equal. With the emphasis on ‘separate’. In time pressure grew against the southern Democrats. But they held strong in Congress. Fighting against any civil rights legislation. Including the Civil Rights Act of 1964. Where Democrat Senator Robert Byrd (and former Exalted Cyclops of the KKK) filibustered against the Civil Rights Act for 14 hours and 13 minutes. To keep the blacks segregated from their superior selves.
Things are a lot better these days. But Democrat feelings of superiority die hard. Even though they would have us believe they like blacks today. Despite their past hatred of blacks. And their seething anger of having lost them from their plantations. But they found a way to ‘get them back on the plantation’. By making them dependent on government. In exchange for their vote. Which keeps them in power. Back where they believe they belong. And are entitled to be. Because they are a superior people. So benefits for blacks are a necessary evil to Democrats. For they still don’t like them. As evidenced by where they live. Where some of the richest Democrats (such as Nancy Pelosi) live in the whitest of neighborhoods. And their apparent racial purification of society. Through the guise of women’s rights. The most important thing to women, according to Democrats, is abortion. And they do their best to make abortion readily available. Especially to women of color. Like in New York City. And Mississippi. Where black women are having far more abortions than white women. Making America whiter. More like the neighborhood where Nancy Pelosi lives. And more like the color Democrats have fought to keep America since the Three-Fifths Compromise. The Fugitive Slave Act. Popular Sovereignty. The KKK. And Jim Crowe Laws.
Tags: abolition, abortion, Abraham Lincoln, American Civil War, aristocracy, blacks, civil rights, Democrat Party, Democratic-Republican Party, Democrats, elite, elite few, federal government, fiefdoms, Fugitive Slave Act, House of Representatives, Jim Crowe laws, Kansas, Kansas-Nebraska Act, KKK, Louisiana Territory, Missouri, Missouri Compromise, Nancy Pelosi, New World, North, Old World, plantation, planter elite, popular sovereignty, power, privilege, Republican, Senate, slavery, slaves, South, southern aristocracy, Southern Democrats, states' rights, superior, superiority, supremacy, Three-Fifths Compromise, white supremacy
The Pope kept European Rulers from Oppressing their People lest they get Excommunicated from the Church
In 39 AD the Romans crucified Jesus of Nazareth. Because they said he called himself the King of the Jews. Or rather those with political power who felt threatened by Jesus’ popularity said this. His death was to protect power and privilege of those who had it. Ultimately, though, His death would do more to destroy power and privilege. For the Golden Rule allowed people to live together in peace. To build communities. And to help one another.
Emperor Diocletian split up the vast Roman Empire into four parts. The tetrarchy. The rulership by four. Each of the four parts had its own emperor. When Diocletian stepped down from power those emperors began vying for power. By 312 two emperors were in open war with each other. Constantine. And Maxentius. On October 28, 312, they met in battle near the Milvian Bridge over the Tiber. On the eve of battle Constantine had a vision. The Christian God would help him win the upcoming battle if he placed the Christian symbol on his soldiers’ shields (accounts differ it was either the Chi-Rho sign or the Latin cross). He did. He won. And became Constantine the Great. Sole ruler of the Roman Empire. And because of his victory in the Battle of the Milvian Bridge he began his conversion to Christianity. Making the Roman Empire Christian.
Christianity spread throughout and united Europe. And the Pope kept European rulers from oppressing their people. Lest they get excommunicated from the Church. In time, though, some resented rule from Rome. In particular when Pope Leo X sold indulgences (a way to help purify one from sin) to fund the rebuilding of St. Peter’s Basilica in Rome. This was one of many problems that had many calling for a reform of the Church. One in particular, Martin Luther, published his The Ninety-Five Theses in 1517. Kicking off the Protestant Reformation.
Plymouth Colony succeeded when Communal Property became Private Property
Henry VIII, King of England, was a good Catholic. But his wife wasn’t giving him any sons. And he wanted a male heir. So he asked the Pope for an annulment from his wife. Catherine. So he could marry Anne Boleyn. The Pope refused. So Henry left the Catholic Church. And initiated the English Reformation. Making England Protestant. England would swing back and forth between Catholicism and Protestantism without being either but something in between. Making a group of Protestants very unhappy. As they felt the English Reformation did not go far enough. A group referred to derisively as Puritans. They were so hated that they were being persecuted along with the Catholics. So they left England. Landing in the Netherlands first. Then they sailed across the Atlantic. They sighted land on November 9, 1620. They eventually came ashore and established Plymouth Colony.
About half of Plymouth Colony died within the first few years. From disease. And hunger. The economic system they were using was killing them. Communal property. Everything the colonists produced belonged to everyone. People produced according to their ability and took from the common store according to their needs. A sort of Marxism. Before there was even a Karl Marx. To save the colony Governor William Bradford abandoned the idea of communal property in 1623. Communal property became private property. And the colony was saved. As people worked twice as hard to produce more on their land than they did on communal land. And because they did they replaced famines with bumper crops. So instead of dying off the American colonies became the prosperous New World.
The Seven Years’ War (1756–1763) came to the New World. By the time it ended Catholic France lost its North American possessions to Protestant Great Britain. To pay off the enormous debt of that war Parliament decided to tax their British American colonists. Who made out very well in the conflict without the costs the British incurred. But they did this without discussing it with the colonists. Treating them as second-class citizens in the British Empire. Who had no representation in Parliament. Which led to anger over taxation without representation. Leading to the Boston Tea Party (December 16, 1773). Which led to the Intolerable Acts and the Quebec Act (1774-1775). Which led to the shot heard ’round the world. The Battles of Lexington and Concord (April 19, 1775). Which ultimately led to July 2, 1776. When the Continental Congress voted to adopt the Declaration of Independence. After a few revisions it was formally passed 2 days later. On July 4, 1776. Known forever after as Independence Day in the United States.
In the United States your Last Name does not Determine the Quality of your Life
The American Revolutionary War did not start out well. As the British pushed them back with little effort. Until Benedict Arnold (future traitor) did some superb soldiering. Impeding the advance of General Burgoyne. The Americans met him in battle for the last time on October 7, 1777. On the second day of fighting in the Battle of Saratoga. And won. Forcing an army in the mightiest empire in the world to surrender. Shocking the world. And getting the French to take notice. Who then entered the American War of Independence. The turning point of the war. And world history. For France was anxious to get back what they had lost to the British. As was Spain. Who joined the conflict as France’s ally. Turning the American War of Independence into a world war. And a war of attrition. As their new foes forced them to send British forces all around the globe. Leaving fewer to fight in North America. With a British public growing weary of the war in North America.
America won. Eventually. Taking 8 years until the Treaty of Paris officially ended the conflict (September 3, 1783). And peace and prosperity followed. Thanks in large part to Jay’s Treaty (ratified by the Senate in November 1794). Which improved relations between Great Britain and the new United States of America. And began a Special Relationship between two nations of a common people, culture, religion and tradition. When the treaty expired there was a minor hiccup in that Special Relationship that resulted in war. The War of 1812 (1812-1815). But peace and prosperity soon resumed. With the South having a larger say in the national direction thanks to the Three-Fifths Compromise in the United States Constitution (1787). Giving the South greater representation in the House of Representatives as they counted 3/5 of each slave to determine their number of representatives. As the North industrialized and immigration filled their factories and swelled her population the South was losing that larger say. One thing led to another that eventually resulted in the American Civil War (1861-1865).
The agrarian South had more in common with feudal England than they did with the industrial North. Rich landowners (the planter elite) comprised an aristocracy that controlled politics. While peasants/slaves worked the land. The South was holding onto the Old World. Where there was power and privilege. While the North was building the New World. Though the South talked about states’ rights they used the power of the federal government wherever they could. Such as the Fugitive Slave Act (1850). When war broke out the South won most battles. Until General Grant started his great advance down the Mississippi River. With the Vicksburg Campaign (May 18 – July 4, 1863) culminating in the capture of Vicksburg. And control of the Mississippi River. Severing the Confederacy into two. Pretty much guaranteeing a Union victory. It was just a matter of time. In the east the Battle of Gettysburg (July 1–3, 1863) also ended in a Union victory. President Lincoln went to the Gettysburg battlefield for the dedication of the Soldiers’ National Cemetery there. Where he gave his Gettysburg’s Address (November 19, 1863). Which ended with “we here highly resolve that these dead shall not have died in vain—that this nation, under God, shall have a new birth of freedom—and that government of the people, by the people, for the people, shall not perish from the earth.” And so far it hasn’t. Remaining that shining city upon a hill. The destination of people everywhere yearning liberty. And a better life. Where all men are created equal. And your last name does not determine the quality of your life.
Tags: British Empire, Catholic, Christian, Christianity, Church, communal property, Constantine, Declaration of Independence, Diocletian, England, English Reformation, France, Gettysburg, Great Britain, Jesus, Marx, Milvian Bridge, New World, North, Old World, Parliament, Plymouth Colony, Pope, power, private property, privilege, Protestant, Reformation, Revolutionary War, Roman Empire, Romans, Rome, South, Special Relationship, Vicksburg
The American Left is always trying to Expand the Role of Government in our Lives
Hillary Clinton tried it. When her husband was president. Give us national health care. But there was terrific blowback. Because people didn’t want it. For they were afraid it would take the best health care system in the world (it’s the United States the richest people in the world go to for their more serious health problems) and do, well, what Obamacare is doing to it now.
The American left is always trying to expand the role of government in our lives. To make people more dependent on government. Because once they are they will soon discover something very beneficial to the left. They will learn that they need government. And once they do they will keep voting for the party that promises to expand government ever more.
This is why the left so wants national health care. For it makes people need government. To stay alive. And that pays big dividends at those annoying things that come around every 2 years that the left hates. And thinks is beneath them. Elections.
The Lesson the American Left learned from the Failure of Hillarycare was to Lie Better
Liberals are a bunch of elitists. They think they are better and smarter than the rest of us. Which is why they feel they have the right to tell us how to live our lives. For in their eyes we’re just too stupid to know what’s best for us. Much like the British nobles felt about their petulant North American colonists. They’d have preferred we appreciated all that the Crown was doing for them. Thank them. And shut the hell up. This is the mindset of the American left.
The British Crown did not like their American colonists questioning the established order of power. Neither do liberals. For they believe that they are a privileged class. And should live under a different set of rules. Like they continue to show us all the time as they implement Obamacare. As they forced the majority of Americans to lose the health insurance, doctors and medicine they liked and wanted to keep waivers went out to those connected to the liberal ruling class. And actual members of the ruling class. Such as those Congressional staffers getting illegal subsidies for their gold-plated health care plans while ordinary Americans lost their bare-bones plans because the Affordable Care Act made them unaffordable.
Was this an unintended consequence of the Affordable Care Act? Well, being that the promise that if you like your health insurance, doctors and medicine and wanted to keep them but now can’t as the year’s biggest lie, it makes one think. If they lied why did they lie? To do what was best for the American people? Or was it because they learned a powerful lesson from the failure of Hillarycare? That the people don’t want national health care. So if that’s what you want you can’t tell the American people that. No. You lie to them. Which is why President Obama and his fellow Democrats lied. Because they knew the American people didn’t want the [deleted expletive] they were shoveling.
The American Left looks upon us with the same Contempt as the British Nobility looked upon the American Colonists
Originally the Affordable Care Act included a public option. National health care for those who opted for national health care. But this just didn’t pass the smell test. For there were Democrats who had one of those nasty things they hated coming up. An election. And these Democrats knew that their constituents, though they voted Democrat, would not go for national health care in sheep’s clothing. So they had to remove the public option from the bill. For it was just too painfully obvious what their ultimate intentions were. Which left them with Plan B.
People like their health insurance, doctors and medicine. And you’re not going to usher in national health care when they have these things. For they know that the VA and Medicaid (examples of national health care already in America) is second-class health care. I mean, those rich people coming to the United States for their more serious health problems aren’t demanding to get into the VA or Medicaid programs. So to get national health care you first have to destroy the private health insurance system. And candidate Obama told the SEIU that it may take awhile (see The Fix Is In: From ObamaCare Set-Up To Single-Payer Solution by Larry Bell posted 11/26/2013 on Forbes).
“But I don’t think we’re going to be able to eliminate employer coverage immediately. There’s going to be potentially some transition process. I can envision a decade out or 15 years out or 20 years out…”
So is the disastrous rollout of the Affordable Care Act just incompetence? Or is it part of a devious plan to get what they always wanted? National health care? By first destroying the private health insurance that gave people the health insurance, doctors and medicine they liked and wanted to keep? If it’s incompetence that isn’t good for the American people. For these same incompetent people will now be in charge of our health care. With our lives literally hanging in the balance. Or are they just devious? Which also isn’t good for the American people. For it means they look upon us with the same contempt as the British nobility looked upon the American colonists. Who only cared about what was best for their privileged class. And not the American people.
The problem the left has is one of timing. Yes they hold the American people in contempt and believe they are privileged. But because of elections they have to be careful about letting these truths out. Because if they lose the Senate and don’t get the House back in the next election it could throw a wrench into their plans. They need to destroy the private health insurance industry. But doing so will make people hate them. And vote against them. So on the one hand they have to get people dependent on government as soon as possible. To get them to need government. But if they move too fast they may anger the people so much that they may lose in the upcoming thing a privileged class hates. And thinks is beneath them. An election. Which may cause them to lose their power. This is the dilemma the left faces in the rollout of Obamacare. The degree to which they [deleted expletive] the American people.
Tags: Affordable Care Act, American Left, Democrat, devious, doctors, Health Care, health insurance, Hillary Clinton, Hillarycare, incompetence, liberals, Medicaid, medicine, National health care, nobility, Obamacare, President Obama, privilege, privileged class, public option, ruling class, VA
Democrats believe Republicans should be like a 1950s Housewife and be Pretty but Express no Thoughts of their Own
What did we learn from the government shutdown? Well, if you listened to the left you learned that there is a civil war going on in the Republican Party. And perhaps there is. For there are two factions in the Republican Party. Those the Democrats like and can push around. And those who refuse to be their bitch.
The Tea Party would be in that latter category. And the Democrats really hate them. Because they won’t play ball. Like the establishment Republicans. Who argue with and debate the Democrats. Put on a little kabuki theater to shut the constituents up back at home. Then vote with the Democrats. And thank the Democrats for the occasional spoils hand-me-down.
You see, the Democrats know how to be a good Republican. You act like a 1950 housewife. With Democrats, of course, being the 1950s husband. Republicans are to look pretty and agree with the Democrats. They’re not supposed to express a thought of their own. The Democrats promise them all sorts of things. To honor their agreements. To be faithful. Then go out and break their promises and whore around. Because in their world Republicans are second-class citizens. Just like the 1950s housewife. At least as liberal Democrats see the 1950s housewife.
Extorting Everyone via Obamacare has more Political Dividends than Extorting only Seniors
Washington changes people. Well, it changes Republicans. Where power corrupts them. While absolute power seduces Democrats. Which is their ultimate goal. Even when they campaigned for their first election. They want power. All the power they can get. So they can become a ruling class. An aristocracy. Where they can do whatever they want. And live the good life. At the expense of the masses. Like it used to be in feudal Europe. Where who you knew was all that matter. And a good last name set you up for life.
Power. It’s all that counts. And with power comes privilege. The Democrats see themselves as a privileged elite. Or at least they think they should be. Which explains why working Americans have to pay high premiums and pay high deductibles for a basic Obamacare health insurance policy with no subsidies while members of Congress get a generous subsidy for their gold-plated policies even though they earn more than $100 grand a year.
In fact the Affordable Care Act is all about power. Not health care. Forcing people to turn to government for their health care makes all people dependent on government. And much more willing to vote for Democrats who want to raise taxes and expand benefits rather than Republicans who want to ‘throw Grandma off the cliff’. As the left accuses Republicans of wanting to do. For it’s one thing extorting seniors. But it’s another extorting everyone. Which has far more political dividends than extorting only seniors.
Empowering the Ruling Class is the One Priority Democrats put above all Others
So you have the Democrats trying to make all Americans dependent on government so they can extort them whenever they want more. If they want more money they threatened whatever the people are dependent on. Saying if we don’t raise taxes the Republicans will prevent the Democrats from giving them these benefits. With establishment Republicans onboard for the occasional spoils hand-me-down. While the Tea Party Republicans are trying honor the promises they made to their constituents.
Was the attempt to defund Obamacare a wise move? When the Republicans only controlled the House of Representatives? Especially with the Republicans fighting among themselves? Time will tell. But what was clear is that the Democrats are more unified than the Republicans. Why? Is it because there is no dissension in the Democrats’ ranks? Like there is with Republicans between establishment (i.e., Democrats in Republican clothes) and the Tea Party? No. It’s not that. For there is dissension in the Democrat ranks. But unlike the Republicans, they don’t let this interfere with their ultimate aim. Power.
The Democrats never lose sight of the big picture. The acquisition of power. Democrat primary elections can be brutal. In 2008 when Bill Clinton was trying to get Senator Ted Kennedy to endorse Hillary Clinton instead of Barack Obama he said, “A few years ago, this guy would have been carrying our bags.” A racial slur. But that was all forgotten after the election. With Hillary Clinton even taking a post in the Obama administration. Because empowering the ruling class is the one priority they put above all others. And you do that by destroying the opposition. The Republicans. In particular the Tea Party Republicans. Whatever the cost. However it hurts the American people. This is what unifies the Democrats. Their love of power and their hatred of Republicans. Which lets Democrats forget things like racial slurs. While those Republicans who fight for the people get attacked by members of their own party.
Tags: 1950 housewife, Affordable Care Act, benefits, Clinton, Democrats, dependent on government, establishment Republicans, Health Care, Obama, Obamacare, power, privilege, privileged elite, Republican Party, Republicans, ruling class, spoils, Tea Party
The Left needs Racism to Exist so they can Continue the Fight to End Racism
George Zimmerman had what pretty much everyone said was a fair trial. And extensive attempts to detect a racial motivation have been in vain. Most people seem to agree that race was not a factor in the shooting of Trayvon Martin. Yet since the ‘not guilty’ verdict some have been saying things like if Trayvon Martin was a white kid Zimmerman would not have followed him. And that if Martin was a white kid and a black man shot him a jury would have found that black man guilty of first degree murder.
These things are so obvious that some people (primarily those on the political left) are demanding the federal government charge Zimmerman with a race-based hate crime. And for violating Martin’s civil rights. Despite pretty much everyone having said it was a fair trial. And extensive attempts to detect a racial motivation have been in vain. But it’s now about race. Why? And where is their concern for what’s happening in Chicago? Where the black on black murder rate is soaring?
Government fixes problems. And Big Government fixes big problems. Problems like racism. By creating agencies and writing legislation to end racism. Increasing the size of the government. And increasing their power. Putting more and more people into powerful positions. Earning large salaries. While activists agitate. Getting more time in the news whenever they speak out against racism. Staying relevant. And allowing them to collect vast sums of money to continue the fight to end racism. Which brings us to why the political left is giving the Zimmerman case a racial component when none exists. For they need racism to exist. So they can continue the fight to end racism. Because it gives them power. And pays them so well.
The Left has transformed Rugged Individualism into Complacency, Lethargy and Subservience
The political left wants to expand the size of government. They want the government to do more for the people. Like the social democracies in Europe. And they want the people to be dependent on the government. With the government redistributing ever more wealth. And they want to be the people deciding who gets this redistributed wealth. Because of the power it gives them. And the wealth. For the more wealth that passes through the government the more they can skim off the top. So they can make ‘investments’ in selected businesses. Businesses, coincidentally, that their friends own. Who return the favor with campaign donations. From the very tax money they ‘invested’ in those businesses.
But their crony capitalist friends in business are not the only recipients of government largesse. The government gives alms to the people. To make them dependent on government. Form Social Security to Medicare to Obamacare to food stamps. Not a lot to make their lives really comfortable. But enough that they can survive without working. Getting them complacent. Lethargic. And subservient. A permanent underclass. Afraid to lose their government benefits. So they keep voting the political left into office. To keep their benefits. Keeping them complacent. Lethargic. And subservient. A long way from the rugged individualism of our grandfathers.
But it’s just not the crony capitalism. And the alms. There are also the agencies and the legislation. And the vast government bureaucracy. That becomes so entrenched that it becomes impossible to get rid of it. Which is why government only grows. It never shrinks. Because government bureaucracies take on a life of their own. And like any living organism they grow. And the more agencies and legislation for that permanent underclass the greater that vast government bureaucracy is. The more positions of power. And the more money that passes through government.
The Left is making the Zimmerman Verdict about Race because it gives them Purpose, Power and Wealth
During the mid 1800s the majority of southerners lived and worked on family-owned farms. Were poor. And did not own slaves. For slaves were expensive. The great slave populations were on the plantations. Owned by the rich planter class. Who ran the government. A true Old World aristocracy if there ever was one. You’ve seen Gone with the Wind. Glorious mansions. Huge landholdings. Servants. And family names so great they were nearly royalty. People treated them like royalty. And they expected the people to treat them as royalty. For they were. In the plantation South. And this was what they were fighting to preserve. That part of the Old World that the United States broke free from. Where some people were better than you based on their birth. And it mattered what your last name was.
So they plunged their people into war. Telling them it was about states’ rights. And northern aggression. When it was nothing more than these few people, the planter elite, the southern Democrats, trying to keep the South in the 18th century. With them enjoying their positions of privilege. While the masses toiled for them. In fact they were so exalted that they actually owned human beings. Like barons. And earls. And dukes. They liked that world. Just as landowning aristocracies have for millennium. Then the Founding Fathers had to come along and muck everything up. With their “all men are created equal.” And their Constitution. Creating a government of the people. Instead of what it should be. A government of the privileged elite. Then that abominable Abraham Lincoln. And his “government of the people, by the people, for the people, shall not perish from the earth.” How they hated that. And ever since losing the Civil War the southern Democrats struggled to maintain their position of privilege.
The descendants of those southern Democrats, liberals, still seek privilege and power. And few have suffered as much to advance their cause than blacks. They destroyed the black family with Aid to Families with Dependent Children (AFDC). Where the government replaced the father in the black families on AFDC. Saying these women didn’t need to get married. Or live with the fathers of their children. So black children grew up without fathers. Or male role models. Which spurred the creation of Big Brothers. To provide positive role models for these black kids harmed by liberal policies. So they wouldn’t turn to the streets. Or gangs. Which they did. And still do. In alarming numbers. And today little has changed in the black community. The vast majority of black children are born to single mothers. And the streets of Chicago run red with the blood of black teens and young adults. But the political left doesn’t care about these blacks. Because their deaths can’t help them politically. Especially when it’s their policies that caused all of this violence. But when a light-skin Hispanic (who those on the left called a ‘white’ Hispanic) kills a black teen, why, that’s close enough to a white man killing a black teen. And THAT can help them politically. Which is why the left is making this a case about race. Because it gives the left purpose. And purpose leads to power and wealth.
Tags: AFDC, alms, aristocracy, black family, Chicago, complacent, Democrats, dependent on government, fair trial, George Zimmerman, government benefits, government bureaucracy, lethargic, liberals, Martin, Old World, permanent underclass, plantation, planter class, political left, power, privilege, race, racial motivation, racism, redistributed wealth, royalty, rugged individualism, slaves, Southern Democrats, subservient, the fight to end racism, Trayvon Martin, trial, vast government bureaucracy, wealth, Zimmerman
The Left does everything within their Power to help Men Sexualize and Objectify Women
Men are pigs. They have one thing on their mind. They objectify women. Women have to constantly remind men where their eyes are when talking to men. And if another woman walks by she has to watch his eyes move from her to the passerby’s backside. Men grope and pinch women in crowded spaces. Whistle at them in public. And feed them drinks to get them drunk. So they can have their way with them. Even slip them a roofie. Because they have only one thing on their mind. Which is why there are prostitutes, strip bars and pornography. They’re not there for the ladies. They are only there so women can satisfy men’s sexual desires.
Women will discover personal nude pictures of themselves on the Internet after a breakup. Think they are in a committed relationship while their man is in fact sleeping around. Men cheat on their wives. And bring home sexually transmitted diseases to their wives. Men look at women as a means to satisfying their sexual desires. An object. They don’t want to bond. They don’t want to cuddle. They don’t want to talk. They don’t want to get to know them. A man doesn’t want to hear about a woman’s day. They just want to satisfy their needs then roll over and go to sleep. While the sexual object of that night dresses and leaves.
This is a common perception of men. Much of which is true. And it’s no secret. Yet the left does everything within their power to help men be even greater pigs. By further sexualizing women. At ever younger ages. Free birth control. Access to abortion. And now the morning after pill is available to women of all ages without a prescription. So girls as young as 15 (or younger) can walk into a drugstore and buy this pill. The left says kids are going to have sex and telling them not to is just some backward, unenlightened thinking from the Fifties. With these policies the left lures girls into an active sex life. And even though they can prevent unwanted pregnancies with birth control, abortion and the morning after pill they can’t prevent the resulting explosion in sexually transmitted diseases. That these girls will have to live with for the rest of their lives.
Liberals call themselves Feminists so they can Indulge in the Pleasures of the Flesh without Political Consequence
This is what the left is doing to women. Sexualizing them. And objectifying them. Yet all the feminists are on the left. While it’s the right that has a war on women. Enlightened feminists are liberals. They’re on the left. While those who hate women are on the right. Who want to force women into loveless marriages. Instead of letting them have the freedom to enjoy casual sex like a man so they, too, can have a career. Like a man. Liberals argue that they liberate women. And the women respond by voting Democrat. Believing that only Democrats look after their best interests. And they believe this despite the nude photos finding their way onto the Internet, the cheating and the explosion in sexually transmitted diseases.
Some liberal icons are adored by women. JFK. Ted Kennedy. And Bill Clinton. To name a few. Women love these men because they love women. It would be hard to find more committed feminists than these icons. But they also share something else in common. They loved women. Literally. All the while they were championing the women’s movement and feminism they’ve been cheating on their wives. And fooling around with a bevy of young and beautiful women. Even when their peccadilloes become public women stood by these men. Because they were such committed feminists. And these women were willing to overlook these momentary trespasses. That actually seemed to happen quite a lot.
Men are pigs. And they have only one thing on their mind. So how do you indulge in pleasures of the flesh without suffering any political consequences? Well, first of all you create an environment that sexualizes and objectifies women. So there is always a bountiful bevy of beautiful women available. To satisfy their sexual desires. And then you call yourself a feminist. So you can enjoy that bountiful bevy of beautiful women. How can they do this? Because they are not true feminists. They don’t respect women. Instead, they hold them in contempt. How else can you explain the nude photos finding their way onto the Internet, the cheating and the explosion in sexually transmitted diseases?
Liberals are always Securing their Power and Privilege while Holding those outside their Privileged World in Contempt
Liberals also get the black vote. Because they say Republicans are racist for always trying to cut welfare and entitlements. While the left always wants to increase these programs. Because they care. This welfare state and their real war on women led to an explosion of single mothers and the breakdown of the black family. Keeping them impoverished and dependent on the government. Securing their vote. While concentrating them in the inner cities. Away from their posh neighborhoods where rich liberals live behind gated communities. So they secure the black vote. And continue with the Southern Democrats’ Jim Crowe laws in spirit. For although they champion things like affirmative action they hold the black community in contempt. And don’t want them anywhere near their wine parties or afternoon brunches.
The Left attacked George W. Bush and his Patriot Act. Promising once they rose to power they would dismantle his police state. For they champion civil liberties. And the Bill of Rights. Which they repeat ad nauseam. Even during the Obama presidency. But it turned out that they actually extended the powers of the Patriot Act. Turning the nation not into less of a police state. But more into a police state. The same things they condemned George W. Bush for they are doing on a greater scale. Further eroding our liberties. And the protections guaranteed in the Bill of Rights. Giving the state exactly the kind of power and control over us they say they condemn. Why?
If we can learn anything from liberals is that we really can’t trust them. For they are like an Old World aristocracy. Who hold those outside their privileged world in contempt. And see them as little more than pawns to advance their agenda. Which is securing their power and privilege. That’s why they exploit women for their pleasure. Why they impoverish the black community. Why they softly attack our civil liberties. And the protections guaranteed in the Bill of Rights. Because everything they do is to benefit them. They don’t care about women. Blacks. Or anyone else. And they sure don’t care about the Constitution. Always willing to violate it whenever it gets in their way. No. They care about one thing. Living well. With privilege. And power. Just like in an Old World aristocracy.
Tags: abortion, aristocracy, Bill of Rights, birth control, black vote, civil liberties, contempt, Democrat, feminist, George W. Bush, have one thing on their mind, liberals, men are pigs, morning-after pill, objectify women, Old World aristocracy, Patriot Act, pleasures of the flesh, police state, political consequence, power, power and privilege, privilege, Republicans, sexualizing women, sexually transmitted diseases, war on women, women
Week in Review
The American left wants to have the economic system they have in Venezuela. Where they put people before profits. To prevent evil corporations from getting rich. While exploiting their workers. And overcharging their customers. You see, that kind of thing just doesn’t happen in Venezuela. Because they put people before profits (see So, Venezuela Has a Toilet-Paper Shortage (Don’t Laugh. Seriously.) by Jordan Weissmann posted 5/16/2013 on The Atlantic).
Venezuela is now suffering from a government-induced toilet paper shortage. The situation has become politically dire enough that the government has promised to import 50 million rolls to calm shoppers.
For those familiar with the Bolivarian Republic’s less-than-sterling economic record of late, this won’t come as a surprise. The country, while relatively wealthy by developing-world standards, has been suffering through a chronic shortfall of everything from groceries to asthma inhalers, resulting in desperate lines of shoppers and a healthy black market trade in kitchen staples like flour.
In the United States about the only toilet paper shortage people are familiar with is when they drop trou in a public restroom without looking to see if there was toilet paper first. Why do people do this in the United States? Because we take toilet paper for granted. And always expect it to be there. Because we are not socialists. We’re capitalists. And being a capitalist means you never have to see an empty shelf when buying toilet paper.
So why do socialists have such a difficult time buying toilet paper? Because they put people before profits. Which sounds good but is only code for dictatorship. Where the dictator lives well. As there is always enough for the privileged few. But to sustain this privileged position a dictator has to steal from his people.
In 2003, then President Hugo Chavez slammed currency controls into place to prevent money from fleeing the country while government seized land and corporate assets. Those rules have made it harder to buy imports. Meanwhile, price caps meant to make basic staples affordable to the poor are so low that, for many products, they don’t pay for the cost of production.
Nobody’s going to make toilet paper if they’ll lose money selling it.
Price caps make things cost less than the prevailing market price. Which encourages people to over consume. Just as Nixon’s price controls led to gas shortages in the United States. While at the same time the price caps force suppliers to sell below the prevailing market price. Which is often below their costs. So while people are clearing shelves off suppliers are not replenishing those shelves. Leading to shortages.
To buy imports you have to first exchange your currency for the currency of the country you’re buying from. For U.S. companies accept the U.S. dollar for its exports. Not the bolívar fuerte. Venezuela’s currency controls prevent Venezuelan businesses from exchanging their currency. Making it impossible for them to buy the imports they need. So they have to throttle back production. Making it more difficult to restock those empty shelves. Forcing the people to go without toilet paper. While Hugo Chavez died a billionaire.
This is what happens when you put people before profits. You make it possible for a charismatic dictator to impoverish the people he champions. Which is impossible under laissez-faire capitalism. For businesses can buy the imports they need. And they can sell at a price that covers their costs. Which keeps the shelves in capitalist countries overflowing with the goods people want to buy. While wannabe dictators can’t seize land and corporate assets. But have to work for a living. Like everyone else.
Tags: capitalist, currency, currency controls, dictator, Hugo Chavez, market price, price caps, privilege, put people before profits, socialists, toilet paper, toilet paper shortage, Venezuela
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