Saturday, December 3, 2011

This Week With Alan Caruba

Alan’s work has a sense of timelessness about it, so anyone perusing these articles in the future will find them equally insightful as they were when originally written. Alan posts daily on his blog, Warning Signs. The right side of this blog is a section called Caruba's Corner: Green Myths and Other Lies where I have been posting links to Alan's articles by topic. For his past works go to The National Anxiety Center. I would also recommend reading his last book, Right Answers.

Let's Start With Alan's ----- Cartoon Round Up

Spending More has Never Worked!
Ask any financial advisor what to do when you are drowning in debt and they will tell you to spend less and pay down your debt. This is just common sense. However, if you ask politicians what to do, they will advise that the nation spend more and borrow more.

There are no lengths and no depths to which Greens—environmentalists—will not go to advance the greatest hoax of the modern era. It used to be called “global warming”, but when that was exposed as based on falsified computer models put out by the UN Intergovernmental Panel on Climate Change, the term “climate change” was adopted to mask it.

Paper Money, Real Debt, and Spendthrift Nations.
As the citizens of the United States and the seventeen member-nations of the European Union look on, a great drama regarding the future of the EU and its currency, the Euro, is occurring. The essential problem is that both the U.S. dollar and the Euro are just so much paper, despite the promises and guarantees that they will be honored as real money. The trick has been to keep everyone believing there are sufficient real assets to back up those promises.

Desperate Middle East Regimes
The world hasn’t seen this much turmoil since the years leading up to World War II. By contrast even the collapse of the former Soviet Union in 1991 did not cause this much uncertainty. The Middle East currently holds the greatest prospect for a hot war as Iran and its close ally, Syria, struggle to maintain control over their populations. Iran’s proxies in Syria and Lebanon, Hezbollah, and, in the Gaza, Hamas, are being told to get ready for a war on Israel. Meanwhile, the Arab League has turned on Syria and is hostile to Iran. Turkey is stationing troops on its border with Syria.

Pity the Democratic Party
I actually pity the Democratic Party these days even though I think it has brought the nation to ruin because, as Joseph Curl recently noted in a Washington Times commentary, “Democrats must spend, spend, spend, and spend. It’s in their DNA.” It got blown away in 1994 after forty years of control of the U.S. Congress when Newt Gingrich saved the nation from forty more. At the very least then-President Clinton had the political savvy to move to the center, earning a second term for himself…..This is not the case with President Obama who is running against a “do nothing” Congress to which he outsourced the writing of Obamacare, the stimulus programs, the budget, and, the most recent failure, the Super Committee which had been preceded by a blue ribbon commission whose recommendations he ignored.


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