Tag: failures of socialism

More socialist failures, Greece and Venezuela edition!

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By now many of you have heard about the Communist government that was elected in Greece and the “promise” to do away with bailout problems. An agreement for a four month extension of debt payments was granted to Greece by the Euro zone and IMF creditors. It’s really amazing that the Greeks were desperate enough to believe that Syriza would be able to fulfil all guarantees made during the election and still keep the welfare state. I don’t believe in the Euro zone but a government that has no money and is asking for massive debts to be forgiven doesn’t really have many options available. Those that voted and believe that Greece can keep its welfare state, keep the Euro, and not pay back any loans could use a reality check.

What do those of you reading this think the odds are of Syriza keeping its promises, avoid a default, or keep the Euro? I personally believe that it’s time for Greeks to give up on the Euro experiment and regain some sovereignty. I suppose that almost thirty years of socialism with the Panhellenic Socialist Party just wasn’t enough for the Greeks.

Reuters-Greece runs out of funds despite euro zone reprieve

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   The other socialist failure that I’ll mention with this post concerns Venezuela, a country that exports essentially nothing except for oil. Now that those prices have collapsed all of the welfare programs provided by the state, massive expansion of the public sector, price controls, and other factors have caused the Venezuelan economy to enter a tail-spin. The country can’t supply basic goods to its citizens, constitutionally mandated healthcare isn’t provided, the country is near default, and inflation is over 60%. As should be expected, Nicolas Maduro is blaming capitalists, the CIA, and the United States. I suppose that progressives are also OK with the rising oppression of the Venezuelan people, it is being performed by a socialist government after all. If nothing else they will probably not say much about what is happening, unless it’s to blame the Koch brothers or something of that nature. I’ll close this post out with one last picture.

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“Affordable” healthcare and the national debt and deficit

Many democrats/leftists/socialists have claimed that the “Affordable” Care Act, including real winners like Paul Krugman is working well. For anyone who’s not interested in asking a socialist how it’s going look at one of the following links:

Forbes-Is Obamacare Working?

NY Times-Cost of Coverage Under Affordable Care Act to Increase for 2015

Forbes-Now There Can Be No Doubt: Obamacare Has Increased Non-Group Premiums In Nearly All States

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Okay, the NY Times might not be the best source for news, but you get my point. If you’re a leftist, you’ll make claims that you support affordable healthcare and that republicans are evil.

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The Affordable Care Act, it’s so great that Congress and the President aren’t required to sign up for it! For those of you like me who are racist, xenophobic, bigoted, capitalistic and evil pigs whom tolerant liberals will never be able to educate, here’s some pictures for you, enjoy!

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Just think of the Affordable Care Act as a five-year plan.

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On Facebook pages such as Being Liberal you’ll see them post up pictures about how leftists are somehow responsible for the drop in the deficit (not debt) in the last few years even as they decried “Austerity“. Aside from the fact that in the last six years eight trillion has been added to the debt, just look at this CBO data that shows how the deficit is about to go back up. For those of you who still believe that leftists/Keynesians have anything to do with spending less, just look at the President’s most recent proposal to spend more money. If you’re a leftist you’ll post photos such as these without looking at the actual amount of cash the deficit is:

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For those of you who don’t think that adding eight trillion to the debt or that having a deficit of only $506 billion is a great accomplishment, here’s some photos for you:

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I’ve already posted this one, but here it is again for good measure. Those Keynesians really do have some funny economic ideas.

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Bonus Round: Paul VS Paul, Fight!

Communist victory in Greece

BN-GP483_ngreec_H_20150125163620 Exit Poll Results Are Declared In The Greek General Election

The leftist Syriza party has just won the Greek elections with between 35.5 and 39.5% of the vote. The man who will likely become Greece’s new Prime Minister quipped of the victory “The Greek people have given a clear, indisputable mandate for Greece to leave behind austerity.” Because if anything is worth trying again after years of failure, that would be more socialism. I suppose that when the Panhellenic Socialist Party (PASOK) was in control that they just didn’t do socialism correctly. One way or another, these guys will get it right. It’s funny how the left always says “austerity” whenever someone else says that perhaps the budget should be balanced once in a while. As we all know, living within your means is for losers. Just raise taxes and you’ll get all the money you need right? Just keep promising “free” stuff and the voters will put you in power apparently.

Moving onto the Eurozone as a whole, who wants to take bets on who will leave the E.U. and when? The Germans are certainly preparing themselves for such an event. Anyway, I still think it doesn’t make sense for sovereign countries to share a single currency. In light of events such as the Greek election, why should countries with different desires, ideas, and goals all be forced into some sort of supranational state? The whole Euro project was never a great idea to begin with.

Now remember comrades, the failures of: the former Soviet Union, states of the former Warsaw Pact, Venezuela (lack of basic goods and near default), National Socialist Workers’ Party of Germany, Detroit, Argentina (two defaults in thirteen years), Cuba (but people still tout the literacy rate), North Korea and Zimbabwe (intermittent 1000% interest rates) all mean nothing. Just give socialism another hundred years, maybe it’ll work itself out by then.

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The Wall Street Journal-Greek Vote Sets Up New Europe Clash

New York Post-Radical-left party wins historic victory in Greek elections

The leftist solution for the economy: war, massive debt spending, and aliens

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So the videos that I’m posting of Paul Krugman are nothing new, they’ve been around for some years now. But because of the economic message many leftists/socialists continue to spread this warrants some repeating. The first video of Paul Krugman was aired back in August of 2011 on CNN. In the video Krugman argues that since stimulus debt spending isn’t up to his liking that an alien invasion should be staged to make for for a rapid rise in military spending by the Federal government to fix the ailing economy. Because if there’s one thing that the Federal Government’s not doing enough of, it’s deficit spendingRemember folks, Paul Krugman received the Nobel Peace Prize for Economics in 2008. National debt, never heard of that stupid thing! Raise taxes for the wealthiest to 70% like during the Carter years, or 90% during FDR’s time, awesome solution! That would do nothing whatsoever to hurt business competitiveness or convince the rich, especially leftists to move their wealth away right? Because if there’s anything that helps businesses out, it’s higher operating costs and taxes right? And when the dust has settled, the alien ruse is revealed, and the economy is most certainly in great shape we’ll all be able to say: “Thank you Mr. Krugman, your genius surely knows no bounds. Let me kiss your feet and be generous by giving away even more of what I own”.

Isn’t ironic that people that are supposedly “anti-war”, especially ones that received a Nobel Peace Prize, call for a massive military buildup and war? In any case, enjoy yourself and get a good laugh at the Krugman explanation for fixing the economy. While you’re at it, why not let the whole world know how you feel about Paul Krugman in the poll at the end of this post?

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Christine Lagard non ha la minima idea di quello che dice- 70 sciocchezze keynesiane in una sola frase

The failure of socialism in Venezuela, continued…

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Venezuela seems to be getting worse and worse, Nicolas Maduro and his socialist government just keep failing. Among many of the recent problems to surface are a lack of doctors to provide state-mandated healthcare. To be fair though, even if the doctors and nurses stayed they wouldn’t have any medical supplies or basic items to treat patients anyway. Constitutionally and government enforced healthcare is a good thing and always means that you’ll be cared for right? The Venezuelan government isn’t even allowing people to pass through the border at night, something about smuggling and a shortage of basic staples. No leaving the country between 10 PM to 5AM for citizens, just stick it out and the 60% inflation rates will go down eventually.

Maybe one day Venezuela will dump socialism and expand their economy and exports past selling oil. Perhaps soon they’ll stop selling gasoline domestically at six cents per gallon. Speaking of prices, what’s a barrel of oil go for now, something under $58 by now. I wonder how much longer Maduro and his group of socialists will blame the U.S. for his problems? Venezuela’s problems started long before the U.S. considered sanctions against Venezuela. I wonder how much lower oil prices will go and how much longer Maduro’s government can take this?

El Universal-Flights of doctors leaves Venezuelan hospitals without medical specialists

El Universal-Venezuela restrains on all its borders at night

Yahoo! News-“Stupid” U.S. sanctions won’t undo my government:Maduro

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Of the European Union and “far-right” parties

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The major political parties of Europe have been taking a beating in recent elections from “far-right” parties and leaders.  A lot of leftists/liberals/progressives/etc. just can’t seem to understand why and simply call the opposition racist, virulent, and anti-immigrant with no real economic policies. Considering that the PanHellenic Socialist Party ruled Greece almost continuously from 1982 to 2011, the Spanish Socialist Workers’ Party ruled Spain from 1982 to 1996 and 2004 to 2011, the Socialist Party ruled Portugal from 1995-2002 and 2005-2011, and that these were some of the hardest hit countries by Europe’s economic failure for the last six years or so perhaps people are just tired of leftist failures? It really would be nice if leftists would stop blaming the “stupidity of voters”, resorting to calls of “racism” or “anti-immigration“, and saying that only the left offers any real economic policies. The left really shouldn’t be surprised that individual citizens want to have a say in how their own country functions without being beholden to a supranational federal state that is trying to bring twenty-eight nations together.

Does it really make sense to have a common currency without a common economic policy? What exactly is the common defense strategy of a united Europe? Even the E.U.’s own audit found that it doesn’t trust how it spends its own money. Why should anyone have to listen to Mr. Junker? Why would any reasonable country want to be burdened with taxes retroactively because they were more successful than anticipated? I find it unreasonable to expect such a matching of nations to be forced into a federal system when the E.U. isn’t a real nation? Why shouldn’t citizens take some pride in their own country as opposed to a monolithic European state?

The “far-right” parties of Europe don’t agree on everything, it’s not as if they’re a single monolithic group of people. The United Kingdom Independence Party refused to align itself with the Front National(FN) while the Freedom Party of Holland (PVV) joined together with the FN. Such a position will probably only work to UKIP’s benefit. The FN believes in some leftist economic policies anyway, along with the PVV also shifting to the left despite both parties being branded “far-right”. The left can cry racism, anti-immigration, and virulent all they want, much of what UKIP stands for seems reasonable to me. Perhaps much of Europe’s ruling elite is just so far removed from individual citizens that they can’t understand why people would want something different. As for the FN and PVV, I’m not so certain. And really, how well has socialism done for other countries like Venezuela or Argentina?

If you’re interested in seeing Nigel Farage debate his opponents about the merits of the E.U., here are a few videos for you:

http://www.youtube.com/watch?v=Hkhtn_NtDZM

http://www.youtube.com/watch?v=fd9rsmD4HiM

I mean really, just who the hell does the European Parliament think they are?