Thursday, April 7, 2011
Sunday, April 3, 2011
That's exactly the problem with crony capitalism, whether in finance or energy or anything else. The `market' and `capitalists' are not on the same side and against `government'. No, its government and capitalists colluding against the market, which is on the side of the people. The `financial market' proved to be no such thing; it was a casino for favoured clients run by central banks. The `energy market' is no such thing. It is a scheme run by governments for favoured clients in the nuclear, renewable and environmental-pressure group industries.
Saturday, April 2, 2011
I had not heard of this story until Robert Bidinotto commented on it in Facebook. Below is his take on why certain celebs and politicians jumped to Epstein’s defense.
One of the most revealing aspects of this episode is how the ethics of altruism serves to exonerate and absolve an individual even of sexual exploitation of young girls. What flaw of character these days cannot be overlooked and forgiven, simply by writing a check to some charity, or -- even easier -- simply by publicly advocating some Politically Correct cause, without even so much as writing the check? That this creep is a pal of Bill Clinton and Woody Allen speaks volumes, doesn't it?
Consider the case of Clinton, who soiled the presidency with his sordid Oval Office dalliances, then ruthlessly tried to destroy the reputations of women who resisted and reported his behavior. Where was the National Organization for Women to stand up for the women? Where were all the lefties who eagerly sought to expose Republican politicians who cheated on their wives? What was the difference in the behavior? None, except for one thing: that "their" candidates and public figures got a moral pass simply because they pay lip service to the "right" causes and policies, while their targeted enemies did not.
To the Ruling Class -- and by that term, I mean not just political leaders but also the intellectual-cultural Establishment -- "ethical behavior" is a concept that has been expunged from the personal realm and now applies solely to social-political activity. One can be a complete degenerate in his personal life -- a ruinous parent, an unfaithful spouse, a coke-snorting wastrel, a pedophile or pervert or crook -- and yet remain a hero among the self-anointed Elite, simply by virtue of promoting "charity," "self-sacrifice," "spreading the wealth around," etc. In this last, even blatant hypocrisy is excused. Think of all the jet-setting, gas-guzzling, mansion-dwelling celebs and politicians who pontificate about the perils of your carbon footprint. Think of the Charlie Rangels and Timothy Geithners and Jeff Immelts and other tax-dodgers who push the redistribution of OTHER people's wealth.
What we see in all of these contradictions, inconsistencies, and hypocrisies is one constant goal: the retention of their power and status. In the end, all the sanctimonious philosophizing and sophistic theorizing of the Ruling Class, all their chatter about charity and the ethics of altruistic sacrifice for Others, is nothing more than grand-scale rationalizing: moral excuse-making that will allow them to retain their status as members of the Ruling Class.
And that is why they will all rally together to support one of their own -- even if he is a convicted child molester. This is class warfare: warfare of the Ruling Class against the tediously restrictive standards and impossibly constraining principles of the Lower Classes. They are doing to ethics what they are doing to the Constitution -- and for the same reason.