Lets Repeat the Mistakes of the Past by Turning to the Extreme Right

If we do not learn from that past we are condemned to repeat it. The political group in the US that believed that small government and that an unregulated market is a good thing gained enough political power to put its ideas into practice and destroyed the US economy and as a result the world economy.

There were many causes of the economic collapse but it started with a financial one. A small group of people made off with most of the money in the financial system. The lack of money convinced those in power that almost no business was financially viable. Normally we think of companies that make money as good companies and those who lose money as bad companies. We think of a company as making money if it sells a good or a service for a profit. There is another way to make or lose money based on what the company came be sold for. If a person steals the money available to buy a company then that company is worth nothing even if it makes a great deal of money, A financial crisis like the one we have now can lead to economic destruction if companies are closed because on paper they are worth nothing.

If the stock market drops low enough then the money a company can be sold for will drop and the company may go out of business. Groups of investors drive down the price of stock by selling stocks short. We all know the idea of buying a stock and if it goes it the stock can be sold for a profit. The problem is a stock can only be worth so much which limits how much money can be made. One can do the opposite by selling a stock that one doesn't have and buying it later when it is time to deliver the stock to the new owner. If more people are willing to sell a stock at any price then there are people willing to buy the stock then the stock can become worthless. The term bear raid is use to describe an event where many people get together to sell stocks and drive the price down to zero,

A bear raid was important cause of the stock market collapse in 1929 that lead to a world wide depression. In order to prevent future depressions laws were passed to prevent bear raids. After that regulations in the US increased and increased to the point to where the US economy was on the verge of collapse.

As a result many people in power came to believed that small government and an unregulated market was a good thing. They reduced the size of government and the amount regulations and the economy improved. Finally laws designed to prevent bear raids were scraped and the bear raids resumed. The US in terms of the size of government and the amount of regulations became just as it was in 1929 as a result US economy and the world economy was destroyed,.

A Dangerous Precedent Called Democracy

Senator Mark Leno say "Proposition 8's revision to the California Constitution violated key structural checks and balances in the state's legal system when it was approved by a slim majority of voters last November. If Proposition 8 stands, we would be setting a dangerous precedent in California that allows a majority of the people to deny equal protection under the law to a minority of Californians."

The dangerous prescient is called Democracy. Nothing so sickens a Liberal then the idea that people have the right to make their own laws. Liberals think the people are scum and deny them the fundamental right of life and liberty. Liberals claim the amendment saying that people have the right to be safe in their homes and their persons means the murders and thieves are protected when the violate those rights. They claim the constitution restricts government except when a person wants to buy a gun to protect himself. Moreover Leno lies when he claims that gay marriage was supported by the founding fathers of the country. The precedent was gay marriage because it was hailed as a legal prescient less then a decade ago. Now Leno lies and claims that we had gay marriage since 1776.

Liberal hate the people because Liberals oppose the idea that the people should be free to make their own laws.

The prosecution of Pirate Bay: protecting the creaters of ideas WRONG!

Those who support prosecution of Pirate Bay, an information exchange service, claim that they want to protect people who create original content and Pirate Bay should be destroyed because its owners are rich.

Copyrights are held by businesses who rip-off the creators of original content so copyrights have nothing to do with protecting anyone but the rich. Those in power always oppose the free exchange of ideas. The US is the worst. The US and the world’s economy have been ruined by the rich seeking privilege. The prosecution is merely another attempt to steal from the people and protect the rich.


What worst the people who complain about the owners of Pirate Bay being rich because they only complain about them being rich because they do what ever rich people tell them to do. Reporters who attack Pirate Bay have prostituted themselves to the point that street walkers laugh at them.

The Search For Intelligent Life

One core component of intelligence is the ability to learn. If a person hasn't changed their ideas about the economy since the current economic crisis then they can't learn, or they are out of touch with reality.

I was wrong about the level of corruption of business executives. It turns out the level of corruption among business men is so great as to jeopardize the system. Many people who run companies are looting them, and spending most of the money they steal on whores and cocaine.


I knew we were headed for trouble anyway because the great depression of 1929 was caused by the Republicans cutting regulations, government spending and taxes. In 3 years the New Deal cut the rate of unemployment from 20% to 9% but those who wish to destroy capitalism and democracy say the New Deal made things worse.


Here is how it works. There are two groups the Demand Siders and the Supply Siders:

Demand Side: People like Jimmy Carter argue that if all the money is taken away from Businesses and given to Consumers than Businesses will produce an infinite amount of goods to get the money back. The problem with Demand Siders is they are too stupid to know that if Businesses have no money they cannot produce anything. Jimmy Carter almost destroyed the US economy with his stupid ideas.

Supply Side: People like George Bush argue that if all the money is taken away from Consumers and given to Businesses then those Businesses will produce an infinite amount of goods because they always use all the money, they have to produce more goods. The problem with Supply Siders is they are too stupid to know that if Consumers have no money they cannot buy anything. George Bush almost destroyed the US economy with his stupid ideas.

Another core component of intelligence is the ability to think of more then one idea at a time. Both Demand Siders and Supply Siders are equally right and equally wrong; the answer to our economic problems lies in a balance between the two. Both Consumers and Businesses need money and without it our system will die.