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Quick, name a great society without a strong government.

Society doesn't exist in a vacuum, and power waits for nobody. You either seize power or you stay on the porch.

This country rose to prominence being a world leader through deed of strong government. It has been in decline ever since self-serving industry infested government by purchasing useless politicians.

but his unshakable faith that well-intentioned and intelligent politicians will make America better is adolescent…

The Post is scratching their head because you didn't say what you mean. Are you saying it is impossible for America to get better? Or impossible for politicians to make America better? Who makes America better? The military?

Please don't tell me unregulated laissez faire capitalism makes it better all on its own. Corporations reach a size where customers no longer matter to them. They will throw anybody under the bus for a short-term gain. They will go to the ends of the earth to deny a mountain of dead bodies or patch of scorched earth.

They will bribe their way to asymmetric advantage every chance they can get, and they will call for regulations that help themselves, and they will dismantle regulations that stand in the way of unfair advantage.

You blame government even while it is nearly impossible to get to the true balance sheet of the corporations that want you to buy their bonds.

The most crime-infested place on earth is Wall Street, yet you want no regulations and no government.

Google "Citi Fined" if you every want to see what a habitual criminal syndicate looks like. Just having a Citi ATM near where you live puts you in a high-crime neighborhood.

Do you know why the hated French have a strong social safety net? Because the French wouldn't stand for anything less. They would burn down their government if it behaved like the USA. Come back to fundamentals and ask, "what kind of government wants to provide health coverage and good education for their people?"

Would that be a lousy government, or a good government?

What kind of country awards no-bid contracts to companies? Is that free market capitalism, or is that a cleptocracy?

Crap-for-brains wants a government he can drown in the bathtub, but I want one that provides the things the free market doesn't or won't.

http://www.nydailynews.com/lifestyle/fashion/2009/05/01/2009-05-01_first_lady_michelle_obama_kicks_in_own_foot_feat_for_fashionistas_lanvin.html

The lie that they feel our pain.

"No one can doubt the goodness of E.J. Dionne's motives, but his unshakable faith that well-intentioned and intelligent politicians will make America better is adolescent."

I challenge his goodness and his intelligence.

"CDO's and Hedge Funds are complex financial instruments designed specifically to steal wealth from the productive economy…"

Oh, so they're kind of like the government then. I'm not sure that's quite right though. My understanding is that participating in hedge funds and CDOs is completely voluntary, while participation in government schemes is not.

No.

Statism is the belief that government can solve all (or most) of life's problems. Yasafi claims that he can recognize failures in government, but in his years of posting here, I can not think of one instance where he defended liberty if it collided with the best interests of the State, and Yasafi has never sided with free enterprise versus the State.

Wait a tick – doesn't 'statism' mean a society that has a central government? Unless you're talking of some sort of anarcho-Libertarian society where everything is in private hands and every good and services is provided privately then you're a 'statist'?

Things weren't always perfect, but they ran pretty well.

Posted by: Chris O'Leary

No they didn't. What do you base that claim on? Before The First Great Republican Depression you had regular severe recessions, bank failures and depressions every 6-12 years. Post FDR there were no major depressions or bank failures. The economy grew strong and steady and the middle class thrived.

Posted by: Methinks

CDO's and Hedge Funds are complex financial instruments designed specifically to steal wealth from the productive economy and in their current form anyone who would step forward to defend them is nothing more then a lowly criminal parasitic cancer on our society.

Anyone who believes these are instruments of free and competitive markets is a delusion knucklehead cultist and nothing more.

I'm pretty sure that's how you explained them to me last time methinks.

Posted by: muirgeo | May 2, 2009 1:56:29 AM

More meaningless pap.

Posted by: S Andrews

I can admit to all kinds of problems with government interventions.
And broadly I'd agree that government has failed in that it represents the desires of corporations over those of people.

Posted by: Michael Smith

Talk about Straw-men. I'm as much of a statist or socialist as you are a feudalist… probably less so.

Sorry, Methinks. You can't steal it because I already did :p Read on:

YASAFI

I think "Yasafi" is a wonderful, new name for Mierduck. I shall endeavor to use it often.

When the comment-count reached 100 on the original Nepal thread, and Yasafi hadn't commented, I was wondering if it was because he understood that the conversation was way over his head – or if he was on another of his junkets to taxpayer-subsidized locales. Well, it was certainly not because he realized his ignorance.

Posted by: brotio | Apr 30, 2009 1:55:09 AM

I will be happy to share, though. I think Yasafi is a wonderful name for our dear Ducktor

Just look back before 1920 or so (and FDR) or 1964 and Johnson's Great Society.

Things weren't always perfect, but they ran pretty well.

I totally agree. For someone coming to the Cafe for year after year, he is still unable to acknowledge even 1 major point of agreement economically. I wonder if he has changed an even minor opinion because of his exposure to the Cafe.

CDOs are not fraudulent per se. All the moral hazards associated with bailouts, government granted oligopoly rating agencies, lose monetary policy, administrations after administration peddling home ownership, all contributed to the crisis. Sure, there were many greedy people on Wall Street, but is that new? How about all the greedy home flippers on main street? How about all the deadbeats who lived large for several years on "home equity" in a home that they bought with 0 down payment, interest only loan?

Governments are always run by a relatively small group of elites. Elites always envision themselves running government. You appear to be no different.

It doesn't matter if you dress it up as "democracy", which merely sates the people with the illusion that they are "participating" in running things, all governments are oligarchical. It's the nature of things.

But of course only YOU know where to draw the line?

I didn't make them up, I merely find them sensible and therefore subscribe to them.

Do you recall what they are? They have been around for a long time.

Methinks, have at it.