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Government Intervention Fails Again

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June 19, 2010 – Comments (7)

80,000 tons of food is found rotting in warehouses in the socialist paradise of Venezuela.  This is falling apart faster than I can say Economic Calculation Problem of the Socialist Commonwealth.

Meanwhile, bloggers keep confusing BP with a free market entity, conveniently forgetting that all Western countries cartelized their energy industries - effectively securing their positions for generations - in the name of the people.  (This is actuallly economic fascism. Mussolini modeled it, and FDR and Churchill copied.)

Of course, it wouldn't matter who is in charge.  Disaster recovery efforts are always going to fail when directed by a central planning agency.  Whether it is Chernobyl, Katrina, or the Gulf Spill, centrally planned agencies from afar can not coordinate recovery efforts more efficiently than local resources.  This should be obvious, but in case it's not see F.A. Hayek's The Fatal Conceit.

A friend from America writes:

"After the brith of my kid, I called my company's HR rep to talk about medical benefits. He told me that because of Obamacare, the company's medical spending program (basically an interest free loan) was being eliminated.  He also told me that unless I spent $10,000 I would not be able to deduct medical expenses from my tax return.  And they were trying to figure out whether the current plan qualified as a Cadillac Plan and would have to be reduced in coverage.  He ended with this: "We're still not sure all the damage from Obamacare, because we haven't been able to decipher it all. So be sure to go to the polls and vote these people out so we can repeal this."

My two cents: Repeal Obamacare?  Well, if that's truly how you feel, how do you suppose going about that?  The Republicans haven't repealed a major piece of Democratic legislation in 100 years.  The Contract-With-America con job never even considered repealing anything.  So you certainly can't expect the Republicans to repeal Obamacare.  I have no faith that Palin or Romney or Huckabee is going to lead the call for repeal.

You need to find principled small government conservatives and libertarians that actively seek rolling back the State.  That's your only hope.  And that window is closing.

David in Qatar

7 Comments – Post Your Own

#1) On June 19, 2010 at 11:29 PM, MegaAsia (< 20) wrote:

Your poor friend.  His employer and the government are only going to pay him thousands for having a baby instead of tens of thousands. To the Bastille, Jacques.

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#2) On June 19, 2010 at 11:33 PM, bizarroportfolio (71.47) wrote:

huh?

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#3) On June 20, 2010 at 12:07 AM, MikeMark (29.47) wrote:

Howdy David,

Hey, I'm enjoying your stuff yet again!

You're ready. It's time to take this whole thing mainstream. Your writing is clean, your points are vaild, your stories have interest, your readers keep coming back. Get out there with your own site or blog and make it more public. Receive some compensation for your work.

Good luck!

-MikeMark

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#4) On June 20, 2010 at 2:59 AM, ralphmachio (25.28) wrote:

virus and government kill the host.

 

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#5) On June 20, 2010 at 6:01 AM, whereaminow (21.14) wrote:

MikeMark,

Thanks for the kind words.  I've thought about it.  I will probably stop writing in this format when I do switch to my own site. Instead I will be going the podcast route with accompanying material on the site. 

But that's a long ways away.  I have another career that is occupying all of my time.  So maybe next year if time permits.  In the meantime, I'll keep blogging away. 

Thanks for the encouragement!  I hope all is great in your world!

David in Qatar

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#6) On June 21, 2010 at 12:20 PM, nzsvz9 (< 20) wrote:

David,

What's 80,000 tons of food when you're in control - a nuisance. I've had the distinct pleasure of working in the back of a restaurant and watched how carefully the manager was with food - to not let it spoil, since the more he could squeeze out of what he worked with, the more money he could make - so wasting food was bad for business.

I wonder, in the view of the enightened (Chavez, U.G.H.E.M. King Devoish, Lucas) and other socialist, progressive, or communist leaning persons (choose your own title and political label), just what their economies would produce? The kids in our town LOVED these silly bands and I'd like to know just how many silly bands their central planners would produce each year? Is there room for a toy in their economy? Is there a way to project their need? Is there a method to predict their existence? Is there a planner smart enough to figure out the life-cycle of this ONE product? Or, would they just not be produced - determined to be of "no redeeming social value?"

I wonder.

Known as poor peasant nzsvz9, famished, at the door of the warehouse in Venezuela for a handout of rotting food from the "great leader" without a single silly band

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#7) On June 22, 2010 at 3:17 PM, nzsvz9 (< 20) wrote:

Since no one answered here ... the question is also posted over there :-)

Known as part-time blogger nzsvz9

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