Saturday, September 10, 2011

Keynesian Stimulation

It seems as if no amount of Keynesian stimulus can revive our economic crisis.

Try as we might, corporate bailouts, loans to foreign banks, surreal Federal Reserve interest rates, cash for clunkers, huge injections of cash into state governments, loans and grants to favored green energy initiatives, extensions of unemployment insurance, boosts to welfare programs, and tax cuts or extensions have all failed to yank our economy out of it's doldrums.

Democrats want more spending, Republicans want fewer taxes.  Same old story.

What if we have a fundamental misunderstanding of the nature of the current malaise?  What if in our adherence to paradigm we have missed an essential element?  Could it be that our "Western Society" has evolved so far from the basic concept of Liberty, that most of us don't really understand what the macro impact of societal "improvements" ultimately mean to the welfare of civilization?

I think we are being dragged kicking and screaming to a startling revelation.

 Here it is, I'm going to say it:   Liberty is on Strike.

 The slow inexorable creep of collectivism as a bulwark against capitalism,  has paralyzed   the creativity and innovation of individuals on a large scale.  Sure the major corporations have been immensely profitable,  they sleep with the authorities, and man the writing desks of legislation.  We have reached a stage where arbitrary use of authority has stifled the innovation of not only individuals, but of small companies, small institutions, and even state and local governments. In the main we do not recognize we have lost Liberty because it has happened at a turtles pace.

What was your reaction to the news "Armed Federal Agents Storm Gibson Guitars"?

Did you think or say "well, Gibson must have done something wrong."  Most likely that was your response.
We are deeply ingrained with the belief that our government at a fundamental level is just.  In fact we continue to grant the government more and more discretionary power to bureaucratically correct "injustice".

This power grant carries a license to exercise coercion.  The arbitrary use of which rains tears upon the bright light of Lady Liberty's torch.


Steve

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