It's just begun.
Showing posts with label Yankee Peronism. Show all posts
Showing posts with label Yankee Peronism. Show all posts
Wednesday, October 19, 2011
Sunday, October 16, 2011
When The Grey Wolf Made His Great Escape..
The Hidden Hand Hides No More
Wednesday, March 09, 2011
Thursday, October 07, 2010
Another Step to Absolute Power
Tuesday, July 13, 2010
Wednesday, March 31, 2010
Don't cry for us, Argentina
In 1914, it was one of the wealthiest countries in the world, and its living standard exceeded that of Western Europe until the late 1950s. Then President Juan Peron squandered his nation's prosperity by introducing a host of redistributionist economic and regulatory policies, nationalizing utilities and foreign investments, and pumping up the national debt. What followed was three decades of political instability, growing dependency, and economic stagnation.
Saturday, January 16, 2010
Tuesday, September 15, 2009
Day Cards Monte

"Contrary to the belief of mainstream economists, economics is not a giant confidence game in which the government can fool enough people into feeling sufficient consumer confidence to generate a self-fulfilling prophecy of economic growth.......
The map is not the land. The statistics are not the economy. This is not a recovery; this is the false dawn that precedes the darkness."
Monday, September 07, 2009
Monday, May 25, 2009
Sunday, April 05, 2009
Yankee Peronism
Says Kraut: The notion of presidential car warranties strikes me as simply too bizarre, too comical, to mark the beginning of Yankee Peronism. Why not?
Obama has far different ambitions. His goal is to rewrite the American social compact, to recast the relationship between government and citizen. He wants government to narrow the nation’s income and anxiety gaps. Soak the rich for reasons of revenue and justice. Nationalize health care and federalize education to grant all citizens of all classes the freedom from anxiety about health care and college that the rich enjoy. And fund this vast new social safety net through the cash cow of a disguised carbon tax. Obama is a leveler. He has come to narrow the divide between rich and poor. For him the ultimate social value is fairness. Imposing it upon the American social order is his mission. Fairness through leveling is the essence of Obamaism. Sound like warmed-up Perónism to me. As refried at Harvard, and served up in Chicago.
Obama has far different ambitions. His goal is to rewrite the American social compact, to recast the relationship between government and citizen. He wants government to narrow the nation’s income and anxiety gaps. Soak the rich for reasons of revenue and justice. Nationalize health care and federalize education to grant all citizens of all classes the freedom from anxiety about health care and college that the rich enjoy. And fund this vast new social safety net through the cash cow of a disguised carbon tax. Obama is a leveler. He has come to narrow the divide between rich and poor. For him the ultimate social value is fairness. Imposing it upon the American social order is his mission. Fairness through leveling is the essence of Obamaism. Sound like warmed-up Perónism to me. As refried at Harvard, and served up in Chicago.
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