"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Saturday, February 07, 2009

THE BASIC PROBLEM WITH THE LEFT IS THAT THEY DON'T UNDERSTAND WHAT WEALTH OR PROSPERITY ARE!

Leftists feel that wealth is something that just sits there - in a big pile, like a big pile of gold coins.

Lefists feel that if only the good guys could just get their hands on that pile and 'redistribute it" that they could end poverty.

The recent market drop, or CORRECTION - AKA recession - proves that wealth is not just sitting there; it's working; it's INVESTED; it's at risk. And if it isn't working well and growing, then it's shrinking - disappearing. Without healthy PRIVATE capital formations taking and making risks on investments they think will return profits there is not only no economic growth, not only no prosperity, THERE IS NO ECONOMY.

IN OTHER WORDS, FOR ECONOMIES TO GROW - FOR PROSPERITY TO EXIST, WEALTH MUST BE PROTECTED AND NURTURED EVERY DAY - 24 HOURS A DAY.

Money doesn't grow on trees - and these mythical trees are NOT planted only in the backyards of rich folk. Prosperity must be CREATED - DAILY! - by hard work, risk, and tough decision-making.

You see, we are each born POOR - NAKED. We are each born in a world which - ABSENT OUR HARD WORK - is impoverished.

Only by our diligent efforts, can we grow and bring the food we need to survive to the market.

Only by our diligent efforts, can we make and bring the clothing we need to survive to the market.

Only by our diligent efforts, we build and bring the shelter we need to survive to the market.

Socialist economies have never EVER brought food, clothing or shelter to the market - TO PEOPLE - as well as the free enterprise system -- not anywhere, not at anytime.

Despite these facts, the left desires that we interfere with the free marketplace, and centrally command things like "EXECUTIVE COMPENSATION", and "EQUAL TIME ON RADIO" and so on - in a sort of willful blindness driven by an infantile desire to have a paternalistic government provide everything to them like good parents.

The free enterprise system has created more prosperity to more people than any other system.

China went from starving basket-case to food exporting 3rd largest economy in the world in 25 years simply by introducing a much more free marketplace. Ditto South Korea, an Ireland, and so on.

Obama's Stimulus Package is taking us in EXACTLY THE WRONG DIRECTION.

If we don't stop it we're all gonna suffer BIG-TIME. Us and the free world - 'cause without a vital USA, there's nobody on Earth who can defend the West.

GOD HELP US!

Please.

1 comment:

Unknown said...

They also seem to believe that "wealth" - that is, the measured thing - exists in a fixed amount. They buy into a zero-sum game theory that requires wealth to be redistributed as opposed to created. Creation of wealth is something they simply do not accept except at the expense of something else. The idea that you might walk into a lab and pull a rabbit out of a hat, like the transistor, or have a wealth generating idea, like the internet, is unknown to them.