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Wealth comes from trade and economic growth comes from finding or creating new things to trade or cheaper better ways to trade. Hence an economy can live with deficits and handouts but not the burden of the administrative regulatory state. Laws that enhance trade e.g. better property rights, better cheaper information, easier transport, certainty in all things etc. expand trade and create wealth. Most regulations in the West however, burden trade, raise the cost of buying and selling, producing, investing, borrowing, or simply raise uncertainty by being unclear, arbitrary or changeable. The EC enriched Europe by eliminating barriers to trade and reducing uncertainty, but with time the regulatory apparatus created to enforce free trade rules among protectionist traditions grew into a regulatory burden that now destroys trade. That apparatus including the tax codes is controlled by an entrenched elite whose interests these burdens serve. In Europe this is an old tradition coming from the landed aristrocracy, then the mercantile elite. The French Colbert tradition is the ancestor to French socialism was the origin of its mercantilist administrative regulatory state. The US started fresh without these burdens, so it has taken longer to get here but we have arrived and now our elite want to positively embrace the elitist system that preserves old wealth and power in Europe. Both there and here that elite uses the demagoguery of helping the people, spreading the wealth, controlling the excesses of markets, but always and everywhere the purpose is to protect their position against a growing middle class. We must sharpen our focus by first understanding what is going on. It’s the same thing that has always gone on but is new enough here so that we might have a chance to change it.
In response to:

Part One: The Problem With The Right

johnm h Wrote: Aug 14, 2014 10:37 AM
Well, I always say, when in doubt tell the truth and do the right thing. We'll not agree on what those things are, but after a while the exchange gives rise to the best arguments. It helps to start with real knowledge and a set of principles. This is a problem for a lot of Republicans. The left is free of this because they don't believe there is such a thing as truth and have no principles.
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So Why Is Hillary Doing Stupid Things?

johnm h Wrote: Aug 14, 2014 9:04 AM
I find her scarier than Obama. Obama is a perpetual adolescent, an anti colonial child who wants to BS about the evil West at night and play during the day. Hillary is the real thing, a true leftist who will transform the country even more than Obama has tried. She will be militaristic, interventionist as she continues to transform the military into an instrument of her personal power. Folks where has there ever been a far left government whose power was not built on its military? We’re not talking tiny Nordic social welfare states, we’re talking about the real socialist left, the fascists, the Marxists, the Maoists, Castro, Pol Pot, Peronist, Sandinistas, Chavistas; it’s all built on the military. The advantage and rich rewards of alliance with the military industrial complex will flow to a Clinton presidency, the power of nationalism aimed at real and imagined enemies will entrench her power, and a nationalized national guard will neutralize any state that might think otherwise. Here we won’t have storm troopers, and brown shirts, or night time raids on opposition homes. It will all look more civilized but it will permanently transform the country into a corporatist state run by a fairly narrow elite. And most of the people will cheer.
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Obama: The Iraq 'Bug Out' Was Not My Idea

johnm h Wrote: Aug 14, 2014 8:35 AM
He learned about our pull out and the resulting vacuum from the press when the rest of us did
Thanks. Good article. If I ever knew, I'd forgot.
In response to:

Part One: The Problem With The Right

johnm h Wrote: Aug 14, 2014 7:59 AM
Sarah Palin comes to mind. She can be funny, sharp and talks to the people. Hum, hadn't thought about her for a while. Rand Paul isn't funny. Cruz can be and he is his own man. In general though when you aren't limited to the truth and sound historical and economic reasoning, it's easier to be funny. So conservatives will never be as good at messaging with wit and shouldn't try to be, moreover the overpaid, 30 something consultants push these messaging themes and they are always wrong. The point is that some things no matter how innocent will be picked up by the leftist mindless press and beaten to death. So one must be careful but ready to come back, not apologise or explain, but to hit the press for their mindless partisanship,to ridicule the ridiculous. Remember how popular Newt was when he attacked the press for their partisan questions. These mindless press attacks are opportunities to put forth ridicule and wit, because the press are ridiculous, that is what the word means.
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How Hillary Will Fail Liberals

johnm h Wrote: Aug 14, 2014 7:44 AM
This guy does not understand the left at all. It's about power. It is not and has never been about poverty, or fairness or equality, those are required talking points. Obama isn’t traditional leftist. He is an anti American anti colonialist leftist, a third world stay up late BSing pot smoking dorm rat. He never grew up. Hillary is the real thing. The real thing has always been militaristic because the real thing builds its unassailable power on the military. Look at all the leftist regimes of the 20th century. The American left was pacifist because the target of our military buildup was the socialist homeland. They were pacifist prior to WWII until the German Socialists attacked the Soviet Socialists. Now that we are becoming the leading socialist light in the world, it is time for the left to shed its facade and go full steam toward the fascist state.
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Hillary's Neocon Moment

johnm h Wrote: Aug 14, 2014 7:31 AM
She was the author of the Video lie in spite of Klein's story, if it's true then she should have resigned rather than sign on to a blatant lie. Her State Department pushed gay marriage, abortion and other left/fad issues. She is an economic liberal, a leftist, a feminist and she has not become a neo conservative. She is trying to distance herself from Obama who is a disaster. That is all that is happening. She will be just as bad. She may well become a hardliner and an interventionist. The far left everywhere else in the world and in history have been militaristic because they base their domestic power on the military. Why should she be any different. The only reason the American left was pacifist was that the enemy was the socialist home land. Now that is going to be us.
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Fixing the Middle Class

johnm h Wrote: Aug 14, 2014 7:18 AM
It's parasites all the way down. That is what they do, all of them.
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Gentlemen of the Club

johnm h Wrote: Aug 13, 2014 12:43 PM
Chesterton and GB Shaw, two opposites but great friends who admired each other's genius. WF Buckley and JK Galbraith, same thing. But this is not the club that matters, indeed it isn't a club. It's just that great men recognize greatness in others. The club that matters in a mature declining civilization is the one that enforces the guild rules of the super wealthy and the political elite. The rules are generally liberalism, or whatever the elite of a particular country calls the centralizers and controllers. at any particular time These are not an intellectual elite, a creative elite or great statesmen, they are thugs, well dressed and often well spoken, and extraordinarily wealthy, but thugs who enforce the rules that keep them in power and their competitors poorer and less upwardly mobile. They always speak about the people, the poor, fairness, and they seek order. They despise free markets, middle class upstarts, new technologies unless they control them. We recognized them when we called them the landed nobility and all the laws, habits, rules of the nobility were their guild rules. We recognized them when they were the artisan’s guilds in pre modern Europe and Asia that tried to prevent others from entering their craft or importing competitive goods. In the modern world it's more complex and took longer to form and congeal, but it's the same process. Marx got a handle on this process but got it wrong. Mancur Olsen got it right and saw that the Caste system in India was fossilized guilds. Guilds fossilize, and that is happening here and in Europe and it’s killing our future.
Rome had a vibrant economy, they brought Roman law and trade and the best technology available at the timeto all their conquests. They drained slaves, grain and gold from each conquest. Drive the price of oil down and they will fall apart in the short term and either starve or develop a real economy which means crushing Islam.
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