Aid is Humiliating for Greece but not for Africa?

European countries have been struggling these past few weeks with the issue of financially aiding Greece out of its deepening economic crisis. Surprisingly, the same countries that always readily recommend and prescribe IMF “assistance” for African countries have found themselves wrestling with accepting this route for Greece because it is supposedly “humiliating” and “embarrassing.”

So it’s humiliating for a European country but not for the African continent? How come the doctor can’t take his own medicine easily?

Both the Greek government and their European neighbours say they prefer to get the money from markets instead of getting it from aid. They don’t want to wear the embarrassing label of “beggar.”

African leaders should watch this episode carefully so that they know exactly what their European advisors really think about countries that beg for aid. Perhaps this will cause the African leaders to realize that there is no honour in begging: it is self-degrading, humiliating and even embarrassing to anyone who has any sense of pride.

The only dignified solutions for economic problems of any kind lie in the free private market. Anything else is subhuman.

http://www.nytimes.com/2010/03/19/business/global/19drachma.html?src=twr

The End of the Great American Experiment

Barack Obama’s biggest problem is just a lack of knowledge of history. He has a very innocent and aggressively passionate ignorance about him.

I don’t think he knows that his ideas have been common in every society in the world. He speaks as if he’s made a novel discovery.

What he doesn’t know is that the USA became the greatest nation in history precisely because it departed from the common economic structure of the rest of the world. Whereas every society in history has thought that it is the noble duty of the state or king or chief to economically provide for all the people and to ensure that no one lacked in any basic needs (by ensuring that no individual had “too much” or “too little”), America invented a counterintuitive system of making human achievement a private matter. Every man was to have the inviolable right of pursuing his own happiness. The “king” was to stay out of the way.

The shocking result of this American idea was a society with the greatest wealth since the beginning of humanity and the greatest opportunities for any poor man from anywhere in the world to lift himself from rags to riches.

This is the system that Obama promised to “fundamentally change.” The king now wants to take care of everyone, to decree the “redistribution of wealth” so that no one has too much or too little. It’s the end of the American experiment.

Google’s Soul-Searching Moment

Finally the search giant has done some soul searching by deciding to close its Chinese website in spite of the loss of global market share it could suffer.

China has prospered in recent years because it has embraced some elements of capitalism, especially allowing the private sector to take more charge of the economy from the state. However, they have done this without actually understanding or accepting the fundamental principles that give rise to capitalism. Thus they still violate individual rights and try to control the minds of their people. To try to control an individual’s mind is the essence of evil, because that rejects the free will nature of a human being – which means you are treating him as an animal. That’s evil.

Google has for once demonstrated a commitment to its “don’t be evil” motto by stopping its collaboration with the evil policies of the power-obsessed Chinese government.

Welcome to The United Socialist States of America.

The passage of Obama’s healthcare bill in Congress is a big moment in American history: it’s the beginning of the biggest shift to socialism since the founding of this great capitalist nation.

As if to emphasize this point, the people that gave America the Statue of Liberty (the French) also voted for a party called the Socialist Party in regional elections on the same day. In both countries the blame should fall on the conservatives. They have failed to consistently practice and defend capitalism when they’ve had the power. They only defend it when they lose power. Socialists only take power when those who profess belief in capitalism become intellectual cowards and step back from capitalist ideas. Both Bush and Sarkozy did just that.

Obama will indeed go down in history as the man who brought the biggest overhaul in healthcare. But he will also go down. His approval rating is about to start a downward trend which he will never recover from.

Obama’s political suicide

Obama’s decision to urge his party to bully through his dangerously socialist healthcare bill has guaranteed his title as a one term president. The Republicans played well to separate themselves from this disastrous bill. That will give them unlimited fuel in the campaigns as voters begin to feel the pain of this misguided bill.

He now officially needs a miracle to win a second term. The midterm elections will be the biggest disaster for the Democrats in their history.