Sunday, January 30, 2011

Reich: Egypt and Tunisia Are Nothing Compared to What's Coming

Former Labor Secretary under Bill Clinton, Robert Reich, thumbs:
If you think revolts in Tunis, Egypt, and Yemen are big, wait for coming food and energy shortages around world. US shld take lead now.

Reich is dead on as far as more trouble down the road, but I have no idea what he expects the U.S. to do. Double the size of  Michelle Obama's White House garden?

The problem is two fold and there are no quick solutions. The first is tyrannical governments which take and take, leaving little incentive for people to produce. The second problem is central bank stop and go money printing, in first world countries, which makes if difficult for farmers to plan the size of their operations.

The best thing the U.S. can do is stop Fed money printing and then get out of the way, so those in other countriess can see that the success of the United States is the result of free markets, private property and rule of law. Then, quite possibly, some of these revolutions may lead to free market reforms as opposed torevolutions that lead to newtyrants with a different disguise.


  1. Reich is just know-nothing/liberal government-worshipping parasite who has no idea what he means by "US should take the lead now". I bet he wants his wonderful politicians to print even more money and hand it out to bums (aka, his supporters)

  2. Wait until all the government employees learn they aren't going to receive all the union bennys they thought they were going to get.

    Wait until all the welfare people learn they won't continue to receive handouts.

    That is when the revolts will happen here in the US. In the US our variation of democracy is the representative democracy. The Framers believed they were preventing the ills of democracy by establishing a representative democracy, but to all appearances all they did was to modify the way the way the US government would eventually collapse; indirectly through the actions of our representatives instead of directly by our own actions.

    "Hence it is that [pure] democracies have ever been spectacles of turbulence and contention; have ever been found incompatible with personal security or the rights of property; and have in general been as short in their lives as they have been violent in their deaths." - James Madison as Publius in Federalist No. 10

    To fix the problems of our democracy we must change the essential form of our government, not just play the blame game with the politicians.

  3. The American Constitution had one flaw - It did not limit how much the democracy parasites and their political terrorists could steal from the productive. The hosts are paying 60% of income to the violent parasite classes (and they want even more!) and therefore America has failed as a free and civil society. What did you expect from parasitic Democracy?

  4. There is no way to "fix" a Democracy...They always fail and always will...Over time, the parasites kill the host. I doubt even "Limiting how much the Democracy Parasites can steal" will work since they will ignore it anyway. Only individualism will lead to peace and prosperity...Killing off organised parasites (government) every so often.