Wednesday Whether in Germany, the US, or elsewhere, the Antifa thugs are allowed free rein by the police, protected by the courts, encouraged by the mainstream media and excused by politicians. Two stories just came my way. The first is of Antifa thugs battering a young woman real estate agent in her own home. The second displays the determination of the US … [Read more...]
Pol Pot
Friday Pol Pot was a stain on the 20th century. Not so much for the amount of slaughter that he perpetrated, but for the crazed rationale behind it. Socialist slaughters were common and some produced a far larger body count than Pol Pot (Hitler was responsible for around 70 million deaths, Stalin and Mao were not far behind), but Pol Pot killed all those that … [Read more...]
Australian Employment
Thursday I pulled this graph out of an article that expressed concerns about the downtrend in Australian jobs. The graph shows job ads and, understandably, it has proven a reliable indicator for future employment trends.The article didn’t mention the cause of the drop. The Liberal Party dropped a vote-winning Prime Minister in a palace coup and elevated a left-wing … [Read more...]
How to Identify a Capitalist Economy
Friday There are three options with regard to a nation’s economy: 1 Capitalism, which leads to capital creation, 2 socialism, which leads to capital destruction, and 3 the ‘Third Way’, which impairs capital creation but, in moderation, does not put the process in reverse and destroy capital. Today, option 3, the Third Way, is the preferred model … [Read more...]
Capitalism Equals Wealth Creation – Socialism Equals Wealth Destruction
Monday Let’s not be too hard on the Venezuelan socialists. Yes, it’s been a disaster and has resulted in widespread hunger amongst the poor and untold deaths. But the people did originally vote for socialism, despite all the historical evidence for what would happen. Besides, Venezuela is a minor manifestation of the disease. From the national socialism of Hitler, Mao … [Read more...]