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The West is signing its own death sentence
The Telegraph ^ | 08 Dec 2012 | Janet Daley

Posted on 12/09/2012 6:22:31 PM PST by CaptainKrunch

Capitalism is, by its nature, dynamic. George Osborne's attempt to engineer the 'perfect society’ undermines the logic of the free market

When the Edward Gibbon of the 22nd century comes to write his History of the Decline and Fall of the West, who will feature in his monumental study of the collapse of the most successful economic experiment in human history? In this saga of the mass suicide of the richest nations on earth, there may be particular reference to those national leaders who chose to deny the reality that was, from the vantage point of our future chronicler, so obviously looming. Or maybe the leadership of our day in Washington, London and Brussels will appear to have been swept helplessly along by irresistible forces that originated before their time.

But for us, right here, right now, it matters that Barack Obama and George Osborne are playing small-time strategic games with their toy-town enemies while the unutterable economic truth stares them in the face. (The political leadership of the EU seems to have passed through the looking glass into a world where the rules of economics do not apply, so their statements and actions are beyond analysis.) Mr Obama is locked in an eye-balling contest with a Republican Congress to see who can end up with more ignominy when the United States goes over the fiscal cliff. It is clear now that the president will be quite happy to bring about this apocalypse – which would pull most of the developed world into interminable recession – if he could be sure that it would result in long-term electoral damage to his opponents.

Keep reading...

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Foreign Affairs
KEYWORDS: capitalism; janetdaley

1 posted on 12/09/2012 6:22:36 PM PST by CaptainKrunch
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To: CaptainKrunch
The West is HAS signing its own death sentence,
2 posted on 12/09/2012 6:34:41 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: CaptainKrunch

Let’s just raise EVERYBODY’s taxes to pay for Government spending and balance the budget. If we really did that, Government spending would come down quite quickly.


3 posted on 12/09/2012 6:38:00 PM PST by rbg81
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To: rbg81

Yes, everyone needs to contribute something - the 40% getting a free ride need to have to pay something. Then we’ll hear them screaming like stuck pigs.


4 posted on 12/09/2012 6:40:33 PM PST by Aria ( 2008 & 2012 weren't elections - both were a coup d'etat.)
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To: CaptainKrunch

The only results that are guaranteed if taxes go up is that spending will go up even higher and that there will be no cuts in welfare programs.


5 posted on 12/09/2012 6:41:19 PM PST by 43north (BHO: 50% black, 50% white, 100% RED)
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To: CaptainKrunch

And then there seems to be an underlying assumption that the world, and all of recorded history, revolves around America.

The Roman empire, The Zhou (Chou) Chinese Dynasty to not even mention the three kingdoms of Egyptian history lasted much longer than the United States of America will.

History began long before and will continue for many many millennia after the Constitution is as ancient and perplexing as the Rosetta Stone.


6 posted on 12/09/2012 6:43:18 PM PST by RedStateRocker (Nuke Mecca, Deport all illegals, abolish the IRS, DEA and ATF.)
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To: rbg81

lets not forget letting people in with no education and form third world countries will make the west into a third world nation.

No need to have wars to invade a country anymore.
A country can send it;s poor, criminals, etc who couldn;t careless about that country and her traditions ,laws etc to a country in the west and over time the natives of that country become a minority and thus another third world country.


7 posted on 12/09/2012 6:52:14 PM PST by manc (Marriage =1 man + 1 woman,when they say marriage equality then they should support polygamy)
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To: RedStateRocker

Yeah, well, at least the dirt will still be here.


8 posted on 12/09/2012 6:53:20 PM PST by SkyDancer (Live your life in such a way that the Westboro church will want to picket your funeral.)
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To: RedStateRocker

It has been such a price ledge to see what could have been...


9 posted on 12/09/2012 6:54:32 PM PST by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: Aria

It is not that they just have to pay something...

They also have to stop taking everything...


10 posted on 12/09/2012 6:57:07 PM PST by EBH (0bama is guilty of willful neglect of duty.)
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To: CaptainKrunch
Supposedly from opposite sides of the political divide, the US president and the British Chancellor come to a surprisingly similar conclusion: it is not feasible to speak the truth, let alone act on it.

The truth is simple enough to speak to the Takers: "Your wants are not worth the intentional destruction of our country."

11 posted on 12/09/2012 7:09:20 PM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: CaptainKrunch
"...the free and prosperous West will have been a brief historical aberration."

No, it will just be another Malthusian collapse.

12 posted on 12/09/2012 7:11:13 PM PST by DJ Taylor (Once again our country is at war, and once again the Democrats have sided with our enemy.)
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To: RedStateRocker
The Roman empire, The Zhou (Chou) Chinese Dynasty to not even mention the three kingdoms of Egyptian history lasted much longer than the United States of America will.

All were willing to kill their enemies - we elect ours to high offices.

13 posted on 12/09/2012 7:12:44 PM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: CaptainKrunch

This lady has nailed it.


14 posted on 12/09/2012 7:18:48 PM PST by Yardstick
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To: CaptainKrunch

I do not think it’s over yet. But, we must do something about the parasite class. The current model cannot be sustained.


15 posted on 12/09/2012 7:24:02 PM PST by Buddy Sorrell ("I'm dead sober, Andy, but I expect I'll get over it." - Otis Campbell)
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To: CaptainKrunch; CodeToad; blam; dennisw

Awesome article so far!


16 posted on 12/09/2012 8:36:26 PM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: CaptainKrunch

F.A. Hayek (”The Road to Serfdom”) said that the Socialists who appeared in Europe in the aftermath of the French revolution never doubted that their values had nothing in common with those of liberal (meaning Libertarian) democrats. Even then, the European Socialists knew that socialism could only be put into practice by means of a dictatorship.

The early European liberal democrats used the term “freedom” just as we do. Political freedom was understood to mean freedom from government coercion, or freedom from arbitrary rule. But Socialists twisted the term “freedom” to mean “freedom from want”, freedom from hunger, etc. This, in effect, equated freedom with the use of coercive government power.

It is common to hear American leftist politicians equate freedom with the use of government power. Obama openly declares that the U S Constitution is outmoded because it restricts “what he can do for” the American people (There went any pretense of his having any respect for the rule of law). Hayek quoted John Dewey as saying “the demand for liberty is the demand for power”.


17 posted on 12/09/2012 9:27:54 PM PST by haroldeveryman
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To: CaptainKrunch
"Having won the Cold War and succeeded in settling the great ideological argument of the 20th century in favour of free-market economics, the nations of the West managed to bankrupt themselves by insisting that they could fund a lukewarm form of socialism with the proceeds of capitalism."

18 posted on 12/09/2012 9:57:09 PM PST by TigersEye (Who is John Galt?)
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To: Yardstick
Yep.

It is clear now that the president will be quite happy to bring about this apocalypse – which would pull most of the developed world into interminable recession – if he could be sure that it would result in long-term electoral damage to his opponents.

... and long-term damage to the United States of America.

19 posted on 12/09/2012 10:00:43 PM PST by AZLiberty (No tag today.)
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To: Yardstick

Even foreigners will wish that Barack Obama had failed.


20 posted on 12/09/2012 10:01:49 PM PST by AZLiberty (No tag today.)
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To: CaptainKrunch

Does this guy think he is telling us something,we have known all along that Obama is Intentionally destroying our economy. How,do you ask that we Knew? He told us,we are 5 days away from Fundementally transforming the United States of America,his wife told us we have to Change our traditions,change our History,so why the surprise? Rush Limbaugh the only one in Public to state at the Very Beginning of the Rule of King Obama,Peace be upon Him,He Hopes He Fails. He caught Hell for it,But he had the guts to tell the Truth,I dont hear anyone crediting him for being right.


21 posted on 12/10/2012 3:49:12 AM PST by ballplayer
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To: Travis McGee

She gets it. Why is it that we get more useful information and op-ed pieces from the UK than we do our own media?


22 posted on 12/10/2012 5:45:33 AM PST by CodeToad (Liberals are bloodsucking ticks. We need to light the matchstick to burn them off.)
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