printWhat is a bright woman doing on one of the Cretins Inc. channels?
That was my reaction when I heard Carly Fiorina explain economics 101 to a dumbstruck Wolf Blitzer of CNN.
At first I did not recognize the controversial former CEO of Hewlett-Packard. All I heard were the intelligent, measure words of a woman who thoroughly understood the effects of taxation on oil supply. Fiorina was telling Blitzer that by taxing the oil companies’ profits, the brilliant Obama will bring about less oil production and higher prices. (I recommend Obama begin his education with Henry Hazlitt’s Economics in One Lesson.)
Fiorina is advising John McCain. Good choice.
The reason for my surprised reaction is that cable is a disgrace. The unprepossessing front men and women, seldom the brightest, surround themselves with beaus and bimbos a little less bright than they. All are happy; none is threatened. And Booboos Americanus remains blissfully unaware that the bobbing heads on TV are not the country’s crème de la crème.
We must pay our pence to left-liberal orthodoxy. After all, is it not our Redemption?
If one adheres to the principle of “to each according to his need and from each according to his ability” then taxing oil company profits makes perfectly good sense and to hell with bourgeois “economic” lessons. Those who do well ought to return the fruits of their labor to the public trough for the benefit of all, don’t you think?
That’s Obama in a nutshell as far as I can see. He’s the most openly committed socialist I’ve seen on a presidential ballot in my lifetime.
[I thought for a moment you’d gone mad.–IM]
“Fiorina is advising John McCain. Good choice. ”
JohnnyMac needs quite a bit of advising on economics. I hope he listens to the lady. Hazlitt is a great place to start, followed by Hayek’s ROAD TO SURFDOM. Anything more complicated than that will cause smoke to come out his ears. [LOL]
The Armchair Economist by Stephen Landsberg was great, but it’s out of print now. Pity.
I wonder if Fiorina knows about the fiat money issue and how it drives commodity prices, and whether McCain will listen if told about it. He stood next to Ron Paul and heard it right there on national TV, and like the rest of the room, acted as if it were a foreign language. The price of admission to the race is ignorance or silence on the issue. The torrent of free money just buys too much power; nobody who promises to staunch the flow will be acknowledged.
In fact, when the debate was held nearby in Dearborn, Ron Paul was the only one who knew we were heading into a recession. McCain was incoherent on economics. He still wants to advance fascism to counter Obama’s socialism.
More in keeping with the topic at hand, the late Mark Scott, a local radio talk show hero, coined a phrase for the modern male that fits most commentators: “Wimpus Americanus Apologeticus”. Oh, how I miss him. [Me too] He introduced many thousands of listeners to Ayn Rand’s work, myself included. Local politicians listened to his show and dared not endure an interview.