12/24/12

Keynes Reburial Attempted Again

How Progs justify spending beyond our means
President Barack Obama demands more stimulus spending to avoid the "fiscal cliff." Obama increased the national debt $6 trillion to $16 trillion. Yet the Democrats' 'cure for what ails ya' is even more spending. Obama demands around $75 billion in new spending to stimulate the economy in 2013.

"Keynesian Economics" is the insane belief that the economy can be stimulated by government spending. It provides the excuse to depart from common sense that allows politicians to ignore the alarm bells. It is ludicrous mainly because our government doesn't have any money to spend.

If the government had a surplus saved up, spending actual money might give our economy a short-term sugar high (with dubious long-term results). But our Federal and state governments must first suck money out of the economy by borrowing it.

History has repeatedly proven that this is nonsense. Yet Democrats will not let go of the Keynesian Myth. The government is the center of society, America's modern Democrats want to believe. So they cannot shake the dogma that our entire economy depends upon government spending.
(full story at americanthinker.com)

Divisive Class Warfare Results

Domestic front forward progress for U.S. transformer-levelers
Colin Flaherty: Racial mob violence and lawlessness ignored by the media and downplayed by the police is now so common I could write a story about it every day.

My backlog is enormous. There have been recent examples of black mob violence and lawlessness in Norfolk, Los Angeles, Tacoma, Seattle, Chicago, Philadelphia, New Haven, Gaithersburg, England, Ireland, Canada, Baltimore, Phoenix. We have black mob violence against gays, women, Asians, and on and on and on. These are all in addition to more than 400 cases I have already reported from 80 cities around the country.

Much of it is on YouTube. Yet no one is connecting the dots. They even refuse to admit the dots exist.
Video:


(full story "Shot For Being White" at frontpagemag.com)

Related story
:
"25 years after her rape claims sparked a firestorm, Tawana Brawley avoids the spotlight" - nypost.com
Pagones blames Sharpton more than anyone else for his troubles.

“I don’t ever expect him to say he’s sorry, but he should at least come clean and admit that, after the trial, that now he knows Steven Pagones had nothing to do with Tawana Brawley,” Pagones said.

Pagones is correct: To this day, Sharpton remains unapologetic.

Related video clips:
'Fundamentally transforming the U.S.A.'You would think they would be saying 'Thank you'.

Albania, Libya, NorKs

On this day: December 24
Library of Congress burns (1851)

Albania becomes a people's republic (1924)

Libya becomes independent from Italy; Idris I is proclaimed King (1951)

The crew of the USS Pueblo is released by North Korea after being held for 11 months on suspicion of spying (1968)

President Barack Obama and family arrive in Oahu, Hawaii for an unusually brief 10-day holiday vacation (2009)

b: Howard Hughes (1905), I. F. Stone (1907); d: Vasco da Gama (1524), Johns Hopkins (1873), John Muir (1914)

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