alex asunder

” China urges Obama to respect free trade, defends currency policy”
November 6, 2008, 5:38 pm
Filed under: freedom | Tags: , , , , , ,

…is the headline of this AFP article.

Imagine that, a communist country demonstrating concern that the president-elect of a capitalist country may have a problem with the current status quo of free trade between the two nations?

Ironical, eh?

Nikita Khrushchev to Ezra Taft Benson: Slowly you will succumb to socialism…
November 6, 2008, 5:19 pm
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“I have talked face to face with the godless communist leaders. It may surprise you to learn that I was host to Mr. Khrushchev for a half day when he visited the United States, not that I’m proud of it. I opposed his coming then, and I still feel it was a mistake to welcome this atheistic murderer as a state visitor. But, according to President Eisenhower, Khrushchev had expressed a desire to learn something of American Agriculture — and after seeing Russian agriculture I can understand why. As we talked face to face, he indicated that my grandchildren would live under communism. After assuring him that I expected to do all in my power to assure that his and all other grandchildren will live under freedom he arrogantly declared in substance:

“ ‘You Americans are so gullible. No, you won’t accept communism outright, but we’ll keep feeding you small doses of socialism until you’ll finally wake up and find you already have communism. We won’t have to fight you. We’ll so weaken your economy until you’ll fall like overripe fruit into our hands.’”

Darn right nearly prophetic, ain’t it?

I believe in free market capitalism but…
September 30, 2008, 2:00 pm
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Like many Americans, I’m at a loss as to what is the best course of action to get our economy out of this mess.  I cringe when I read/hear some of the details about several of the proposed solutions flying around.

Some of the proposed “powers” (read: “unconstitutional”) that seem to be intended for the Treasury Secretary include the ability for the secretary to attempt to restore liquidity to the markets.  As El Rushbo said, this plan brings two words to mind:

“Central planning.”

I am inclined to stick to my free market guns and just “let the market work itself out.”

Ace commenter Ella notes that most depressions last 4 years or so at best and in 5 years, the US will be back on track, sans the socialist intervention.

The short term will suck, but the long term is still fine. There’s a difference between mono and cancer.

But when even non-alarmist types like Steve Forbes are sweating, I begin to wonder:

“I’ve never been an alarmist…I’ve never seen a situation as dark as it is today…people genuinely don’t understand the magnitude of what is before us.”

Jawa blogger Ragnar frames it nicely – The Bailout : I’m at a Loss

A whole lot of folks I’ve always trusted as staunch free marketeers are telling us it’s time to put all that “nice theory” aside and accept that massive government intervention is an “unpleasant reality” if we’re even going to HAVE a market system tomorrow.

I feel a little bit like I might feel if my pastor advised me on the sly to visit the mosque every once in a while–ya know, just in case this whole “Jesus” thing doesn’t end up panning out.

These times call for the optimism of President Reagan:

“Can we solve the problems confronting us? Well the answer is an unequivocal and emphatic ‘Yes.’

[This crisis] does require, however, our best effort and our willingness to believe in ourselves and to believe in our capacity to perform great deeds, to believe that together with God’s help we can and will resolve the problems which now confront us.

And after all, why shouldn’t we believe that? We are Americans.