Wednesday, November 12, 2008

P. J. O.Rourke on the Free Market

P.J. Has an excellent piece on how the Republicans 'blew it'. Here's an interesting paragraph:
What will destroy our country and us is not the financial crisis but the fact that liberals think the free market is some kind of sect or cult, which conservatives have asked Americans to take on faith. That's not what the free market is. The free market is just a measurement, a device to tell us what people are willing to pay for any given thing at any given moment. The free market is a bathroom scale. You may hate what you see when you step on the scale. "Jeeze, 230 pounds!" But you can't pass a law making yourself weigh 185. Liberals think you can. And voters--all the voters, right up to the tippy-top corner office of Goldman Sachs--think so too.
I agree. The market fundamentally provides a bunch of signals. You can ignore them -- and this is true whether you're an automaker or a lawmaker -- at your peril.

The article offers a lot of insight with less-than-usual, but still good, humor. I recommend you give it a read.

Here's another sample of what you can expect:
If we do have morals, where were they while Bosnians were slaughtered? And where were we while Clinton dithered over the massacres in Kosovo and decided, at last, to send the Serbs a message: Mess with the United States and we'll wait six months, then bomb the country next to you.
The whole thing here.

1 comment:

textualtapestry said...

About the sort of message that the USA would send...lets make sure they dont get mixed signals here in the region next-door-to-India!!

Miliband/HillaryC bandwagon never got their diplomacy right when it came to intervening in Sri Lanka's domestic affairs when the Governemnt was on the verge of defeating LTTE separatist war...its a US$ diplomacy call after all that defines it all. In their case its always "Money Talks"...
I recall an interesting line from the Denzel Washington, Bruce Willis movie "The Siege" -
"You believe 'Money' 'is Power', 'Belief' is Power!"
Something to think about in the wake of anti-West politics taking place in the world today.

-Dilshan Boange