Avoid Liberalism

Thomas Alva Edison

On June 17, 2015 the Federal Open Market Committee meets to discuss interest rates on Treasury Bonds and Wall Street may collapse if they produce the interest rate they should: three percent. We have been running the ship of state with a false wind under the helm of the ghost of  John Maynard Keynes.

The Fed has given the banks free money to the tune on one trillion Dollars per year since Mr. Obama was inaugurated and the DOW index took off to all time highs and why you have not been told.  How come?  The DOW went into deep decline when it was clear Mr. Obama was going to be President. (See "Not So Fast Mr. Obama")

While it is easy to find correlations and assign blame it is more challenging to understand why, but the years since have exposed what drives "liberal Democrats."  Recall advertising of yore was all about "What you want or need!"  Now it is about "What you deserve!"  The difference is profound.

The purveyors, pundits and proselytizers of liberalism promise much, but never deliver.  "Sosh Security" is the Democrats most successful program," say proud liberal Congressmen, but never tell you for whom.  It delivers less than money put a bank and far less than if it had been in a managed fund where stocks from the DOW 30 had been picked by thrown darts.  Few believe it as the elected ruling class enforces ignorance.  None of this is hard to understand but objective economics will never be taught in a union high school.

Liberals recite selected texts from John Maynard Keynes, the great leftist economist who would be shocked to see what Ben Bernanke did with his concept.  Keynes said you could only inflate the economy with baseless money once, not for every of seven years!  Keynes knew that if currency was not the problem continued "priming" would only inflate the problem.  Mr. Obama and friends do not know that.  They never have been serious people.

Liberals are now taught it is not nice to win so school team sports no longer keep score, "Everybody wins!  Nobody fails!"  They carry this idea to economics where they promote ideas the management of companies should make no more than their workers.  "Everybody should be equal!" they declare, but everybody is not equal.  You do not have to be in a sandbox or on a playground very long to discover that fact.

The flaw in liberalism is that you cannot raise everyone to excellence in every field, but you can beat all down to a level where all are equal, and miserable.  No one watches major league sports to see ordinary people fumble and stumble.  They pay money to see excellence.  Liberals cannot stand to see anyone do something they cannot.  They hate excellence in any form.

Modern parents are predisposed to insulate children from failure, but that is from where progress comes.  Thomas Alva Edison was our most successful inventor in history.  He conducted 1200 experiments in the development of the lead-acid accumulator, or "battery" now in every car.  All all failed, but one!  Had Edison not learned to deal with failure cars would have to be hand cranked to start.  How many ladies could do that in a tight skirt and heels? Liberalism is effectively a form of Saudi Law!

Teaching your children to deal with failure is a far greater contribution to their success than insulating them from it, but while you are at it teach them to avoid liberalism.

Adrian Vance