The Leftist hatred of business again
Something that thrives by giving people what they want is deeply offensive to the Left. Coercion is what gets their rocks off. Comment on a NYT article below
In a May 28 column, Thomas Friedman wrote: "But as soon as oil prices started falling in the late 1980s and early 1990s, we let Detroit get us re-addicted to gas guzzlers, and the price steadily crept back up to where it is today."
Ah yes, the power of corporations to mesmerize the poor American consumer. This malarkey has been a pillar of liberal thought since Karl Marx was a pup. This shows a disdain for the intelligence of the average American by a tiny group of people who think they are our moral and intellectual superiors. You stupid humans are easily manipulated, the Kang and Kodos of the left say before they board their Gulfstream to head for the latest world conference on global warming.
What is remarkable is that if Detroit had all this power over th American people, why would it let Honda, Toyota, Subaru and dozens of other brands of automobiles take such a bite out of the American market? A story today in Friedman's own newspaper said: "Responding to a consumer shift to more fuel-efficient vehicles, General Motors said Tuesday that it would stop making pickup trucks and big S.U.V.s at four North American assembly plants and would consider selling its Hummer brand."
Re-addicted? My eye.
The problem is consumers dictated SUVs. Everyone complied. When gas shot up, consumers changed their minds and now GM has to shift production. Sorta like what newspapers are doing.
Brookes News Update
Consumer spending won't save the US economy: America's export boom means that more production is being directed to foreign markets. However, growth is capital accumulation - not exports. If a country is not accumulating capital it is not growing, no matter how much it exports
Why wages are not an inflationary danger: he only way a wage push could succeed without raising the unemployment rate is if the central bank expands the money supply to accommodate the new wage rates. How else could aggregate money incomes rise in such circumstances?
US living standards and productivity: Productivity is linked to real wages and not the volume of employment. So long as there is sufficient capital and land available there will always be jobs for those able and willing to work
Che Guevara on the silver screen - courtesy of Hollywood: Steven Soderbergh, a well-known Hollywood director, has just released his four-and-a-half-hour film that glorifies Che Guevara, a cowardly sadistic mass murderer. This savage blew out the brains of 14-year-old boy who had the guts to stand up to him. Could it be that Guevara's crimes are what turns on the Hollywood likes of Soderbergh and Robert Redford? Is this how they gets their kicks? It certainly looks that way
Obama pledges unilateral disarmament: he historically illiterate Obama promises to fulfill the left's dream of disarming America. To Obama's friends and limousine socialists capitalist America is the problem not tyranny. Destroy capitalism and we can all live in harmony and peace
Carbon credit markets open for business, and there is big money to be made: The carbon credit scam is in full advance around the world and that means there are trillions of dollars to be made. Finally the real reason for the new religion founded by Al Gore is becoming apparent even to those who have refused to see the truth and follow blindly into the man-made global warming abyss
American workers will pay for climate change redistribution of wealth laws: Despite 31,000 scientists debunking the idea that you and I are responsible for climate change on the planet, politicians are going forward with enactment of laws that will have disastrous effects on our economy and way of life
The largest tax increase in history is looming: Despite the fact that the Bush tax cuts reduced the marginal effective tax rate on new investment while encouraging additional investment that would raise living standards for workers, the Democrats intend to impose highest tax hike in American history. This would result in less new investment and slower growth
Israel and the asymmetrical propaganda war: Modern communications has allowed Jew-haters to run rampant with impunity. For some years emergence of anti-Semitism is making itself felt YouTube, MySpace, Wikipedia and a mass of leftist blogs. The supporters of Israel need to co-ordinate their efforts to effectively refute anti-Semitic propaganda
More brilliant British bureaucracy: "The Ministry of Defence has spent more than 500 million pounds [a billion dollars] on eight Chinook helicopters that have never been flown as a result of "one of the most incompetent procurements of all time", an audit has concluded. The helicopters have been sitting in a special air-conditioned shelter for the past seven years because of a "gold-standard cockup" that meant the machines' software could not be accessed. While commanders in Afghanistan have been crying out for extra helicopters, the Chinooks - which were supposed to fly missions for Special Forces - have been lying idle in hangars in the Wiltshire countryside".
Another privileged class in Britain -- cyclists: "A traffic-dodging dash the wrong way up a one-way street may be the tempting risk for many a frustrated cyclist. But it will no longer be against the law under an experiment designed to encourage more people to switch from four wheels to two. The change - which will simply legitimise what many cyclists, including David Cameron, the Conservative Party leader, do already - will be welcomed by thousands of law-abiding riders who have to take long diversions around one-way systems. Motorists, however, might be taken by surprise after failing to spot new signs at entry points and could find themselves being held liable for a collision with a bicycle." [And a homosexual Muslim cyclist can do no wrong at all, of course]
Pinning the blame for 9/11: "Less than a mile from the mournful place in Lower Manhattan where the World Trade Center came crashing to the ground, in a hushed federal courthouse, a small band of Philadelphia lawyers is prying loose secrets of the Sept. 11, 2001, terror attacks. It is here that the Cozen O'Connor law firm has filed an 812-page lawsuit on behalf of U.S. and global insurance companies alleging that Saudi Arabia and Saudi-backed Islamist charities nurtured and financed al-Qaeda, the author of those deadly attacks. Led by its flinty chairman and founder, Stephen Cozen, the firm has invested thousands of hours and millions of dollars to scour the world for witnesses, documents and other evidence in its attempt to hold the oil-rich desert kingdom liable for more than $5 billion in damages."
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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)