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The_Rorschach The_Rorschach is offline
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Join Date: Feb 2003
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Old Apr 10th, 2003, 07:43 AM       
Well, I made myself a Wierd Al Special to celebrate. For those who weren't born in time:

Take a twinkie, slit it length wise, slap in a hotdog and cover it in E Z Cheez.

Now, politically, I intend to vote wisely on the next election and hopefully a candidate will be put forward who genuinely feels we are indebted to rebuilding countries and cultures which we have ruined. Certainly Alan Keyes will have my vote in the primaries providing he runs again. I have no faith in Bush pursuing another Marshall Plan. Everything about his administration points towards expedient measures which are more style than substance. The call for a war on terror, the razing of Afghanistan, the war in Iraq. Great strategies for uniting American's behind him, better headlines for inducing swelling popularity polls, but rather poor when taken in context with the final results.

About the only thing he has done right is ignore the signs of recession. A recession, as we all know, is a necessary liquidation process and any government interference with a recession prolongs it and makes it permanent. What must take place is a switch from capital goods and into consumer goods which means wage rates and capital goods prices have to fall causing a shift in resources to prop the wage rates back up - The New Deal, on the other hand, propped them up and protected them from falling, which totally destroyed the whole adjustment process and prolonged the depression permanently which is what happened in the 1930's.

Free market enterprise = good
Government interference = bad
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