Posted on 06/19/2012 7:12:41 AM PDT by Rummyfan
As the advanced social-democratic Big Government state sinks under a multi-trillion-dollar debt avalanche, the conventional wisdom remains all too conventional, and disinclined even to mount an argument. So much "progressive" debate boils down to Ring Lardner's great line:
"Shut up," he explained.
It's an oft-retailed quote. But fewer people know the line that precedes it (in Lardner's novel The Young Immigrunts): a kid asking, "Are you lost, Daddy?"
As any motoring pater knows, it's not easy to give an honest answer to that question. And the hardest thing of all is to turn around and go back, retracing your steps to the point where you made the wrong turn. If you're a politician, it's even harder. Leviathan has no reverse gear: "Forward!" as the Obama campaign's 2012 slogan puts it. Yet in the end, if any of the Western world is to survive, it has to find a way to turn around, to go back.
(Excerpt) Read more at steynonline.com ...
“While Eurocrats still peddle the standard line about the EU acting as a restraint on the Teutonic urge to regional domination, the British defense secretary recently demanded that it was time for Germany, as the wealthiest nation on the Continent, to step up to its responsibilities and increase military spending. I would doubt Frau Merkel would take his advice, if only because the euro seems to be doing for Berlin’s control-freak complex what neither the Kaiser nor Hitler could pull off.”
Yup!
Thatcher was right...as usual!
What's German for "community of disaster"?
Trittbrettfahrer.
Is Steyn the best political observer/commentator on the stage today?
Hard to top.
A great voice!
Perhaps there should be a hat-tip to Levin. Nice play on words - Europe and Utopia - reference to the Leviathon, and written a month or two after the release of Ameritopia, which undoubtedly Steyn has read by now.
Deutschland über alles?
After reading this I had the strong feeling that California should not be part of the United States...
For your Mark Steyn ping list.
The euro union is nothing more than a “German Co-prosperity Sphere’.
Steyn nailed it. Underneath their gay exteriors, Europeans still hate each other.
I was thinking "kaput!" :-)
Mark Steyn ping and an interesting one for sure.
Freepmail me, if you want on or off the Mark Steyn ping list.
Thanks for the ping passionfruit.
I’ve been a bit surprised that there has been little commentary on the fact that propping up the piigs is basically income/capital redistribution as we are suffering from but with a twist.
Without a true central bank the various Euro countries can affect the Euro automatically affecting the Euro without penalty.
The only good thing, while we’re busily doing the same thing, printing our way to prosperity, is that as the reserve currency of the world, we benefit from the flight to security.
Nobody is going to put all their marbles in Rubles or Chinese script wondering if in tight times the banks might simply be closed by totalitarian edict.
That’s why I’m still in the market but with a standing order to go to cash at 11500. Not going to 6500 again.
If in cash I still can’t get anyone to agree as to the best currencies to go to and how to go about it. Right now I think I like the Swiss Franc, Canadian loonie and the aussie dollar. Anyone?
Blam - you’re included as a doom and gloomer - who has never answered my question - do you make your money shorting stocks/currencies? Just curious ... ;-)
Thank you. And a bump.
Hi, SA&!
Howdy TOL!
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