Tuesday, October 28, 2008

The Crisis Mentality

The U.S. financial system has been a bubble for decades. The panic now being experienced has been generated by the government and by the monopoly media.

A case can be made, now that an overdue washout has begun, for letting it happen so that it's effective and brief. See a book by Murray Rothbard, America's Great Depression. At some point I'll put up a companion to a previous post, "The Conservative Fallacy." The new post will be titled "The Leftist Fallacy"-- which is related in more ways than one would think.

We should beware of all media-generated crises. Right now, as bitter winter already sets in to pre-Halloween Detroit, I'm wondering: What happened to Global Warming? Has anyone seen it?

The American people are being scam-whipsawed these past ten years by both the Right and the Left through repeated crises. If, as a noted liberal has implied, the Constitution has placed would-be totalitarians inside a box, we're seeing repeated efforts to break out of that box.


Anonymous said...

Dude, you are so completely mentioned in the new Random House book George Being George about Plimpton. Like there's half a page about you and the debate, dude. You're like in literary history now dude.

Anonymous said...

Easily I to but I dream the brief should secure more info then it has.