It’s almost as if our watchdog media isn’t just not reporting the news, it’s almost as if they are actively suppressing the news they don’t want the country to hear.

But we sure know a lot about the puppy, the dijon mustard, the sneakers, and the toned arms, don’t we?

It’a an interesting observation, and I tend to agree with it, but I also think it leads to the invalid conclusion that business can do just as well under socialism as under capitalism.

The reason is that the true strength of free markets (capitalism) is competition. Whether business leaders are geniuses, idiots, flacks, or philosophers is irrelevent. If the market is free, the public will eventually speak and businesses that don’t produce useful products will fail and businesses that do produce useful products for fair prices will succeed.

In socialism, the goverment decides what businesses succeed or fail. And unless you are one of the substantial number of lunatics who somehow think that a person with no experience and no wisdom can decide who will win and lose in the most complex economy of all time…..because, I guess, he wears clothes well and has a sonorous baritone voice…then socialism is destined to fail.

As it has done, every time it has been tried.

It seems many of those same wealthy who supported Obama are beginning to open their eyes.

http://www.telegraph.co.uk/new.....rrior.html

Whether or not it’s too late to prevent acts like Chavez’s in America remains to be seen.

You know this is a good lesson, but might be a little late. By a generation.

Amen. Their goals are power and plunder. Their methods are lies, fraud, force, and extortion. The result is destruction. After they’re done with the banks, insurance companies, and autos, they’ll move on to the medical companies, Big Pharma, Big Oil, and utilities. Barone’s article is powerful. Such an arrogant evil. Adjutorium nostrum, Domine.

It’s a good point, but it isn’t new.

A similar thing happened in the 30′s, and the markets were erratic, dangerous, and low for 15 years, until capitalism came back after WWII.

That’s why the current market is a sucker’s rally.

Someone needs to explain to me how American businesses will make good profits when, willy nilly, the Moron can decide to punish this business he hates over here, and re-distribute the money to his pet constituencies over there.

Of course, back then, FDR wasn’t trying to punish anybody; he just was a Socialist and probably geniunely thought his brainfart of the moment was going to fix everything.

In our case, we have an evil ganster cabal stealing from the producers and giving it to the deadbeats….who have more votes…….why?……….for power….no different than Hugo Chavez.

Even Michael Barone, no blogger flack, says it: http://www.ibdeditorials.com/I.....9766764151

A profound change in the investment climate is already underway here. The cost of capital to American companies is being driven up as investors and lenders are beginning to require a “political risk” premium on the stocks and bonds of U.S. corporations. Heretofore a political risk factor was found on securities in emerging markets, in countries such as Russia, China, Malaysia, South Africa, Pakistan, Turkey, or parts of Latin America, countries with uncertain economic policies and unsound currencies, countries where the rules are in flux, where promises are not kept and contracts are not enforced, countries where the railroads don’t run on time.

The emergence of this political risk premium in American markets is something new. It is a result of arbitrary and capricious presidential action––because The Bama and his gang of Bolshevik thugs act with the expediency of criminals. Already in the first 100 days we have seen: legislation enacting massive wealth transfers to favored constituencies, colossal deficit spending that will drive inflation, sacking GM’s CEO, attacks on bondholders of Chrysler and GM and transfer of ownership to the UAW, calls for attacks on AIG executives and confiscation of their property, threatening bankers and executives of credit card companies at a White House meeting, going after foreign subsidiaries of American companies and foreign bank accounts of wealthy individuals, attacks on hedge fund managers, calls for higher taxes on dividends and capital gains, proposed legislation to use the bankruptcy courts to waive mortgage payments, threatening banks to make more sub-prime loans, tax cheats appointed to Treasury and other high offices, and refusal to allow banks to repay TARP loans.

Some radical assault on the economic order, some new anti-business and anti-investor program or policy, now occurs daily in the U.S. All of this spells an end to American prosperity.

http://www.guardian.co.uk/busi.....le/8495764

“Chavez said that the measure represented a “socialist offensive” which would eliminate the monopoly of the contracting companies and guarantee the welfare of thousands of Venezuelan workers.”

So, El Jefe’ is taking over 60 separate oil service companies and absorbing them into his single nationalized oil company, and this is considered the “elimination of a monopoly”?
Just words, I suppose, but isn’t irony ironic?

It appears Hugo has certainly attended a seminar at the world renowned Obama Institute of Political Brainwashing, heh.