Tag Archives: Socialism

News

Venezuela legislature votes to nationalize 11 US-owned oil rigs

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Story from Breitbart.

Excerpt:

Venezuela’s legislature has voted to nationalize 11 oil rigs owned by the US firm Helmerich & Payne.

The rigs, located in Monagas, Anzoategui and Zulia states, will be taken over by state oil giant Petroleos de Venezuela (PDVSA), the official news agency AVN said.

PDVSA had asked the legislature controlled by supporters of leftist President Hugo Chavez to take over the rigs after the US firm declined to negotiate a new service contract, unlike 32 other foreign firms.

The oil giant is South America’s top oil producer.

Since 2007 Caracas has nationalized companies in industries from oil to utilities, to telecoms, cement, steel and banking.

Speaking of Breitbart, do you all know the famous actor Michael Moriarty from the TV show “Law and Order”? He linked to me yesterday from Breitbart’s Big Hollywood web site. Isn’t that amazing! I think it’s just by accident, I’m sure he isn’t a regular reader.

UPDATE: Ooops almost forgot.

Hey Chavez! I bet that I can nationalize more private corporations than you can!

Actually there is a nice summary of Obama’s demolition job on the economy that you can read in the Wall Street Journal. I liked it. Most of the stuff I blogged about already as it happened.

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Commentary

WORLD magazine’s book of the year is “The Battle”

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The article from WORLD magazine is here. (H/T Muddling Towards Maturity)

The book is called “The Battle: How the Fight Between Free Enterprise and Big Government Will Shape America’s Future”.

Excerpt:

The Battle then goes beyond money to note that, “The main issue in the new American culture struggle between free enterprise and statism is not material riches—it is human flourishing.” Brooks notes that “the 30 percent coalition charges the majority with money-grubbing selfishness” but is itself “fundamentally materialistic.” Leftists “believe that it should make no difference whether income comes from redistribution and government edict or from enterprise and excellence as judged by the free market. This is an ideology driven by raw materialism.”

Brooks emphasizes the differences in worldview: “In contrast, the 70 percent majority maintains a worldview that is primarily nonmaterialistic. It understands money as just a proxy measure of true prosperity and personal fulfillment. It emphasizes creativity, meaning, optimism, and control in one’s own life and seeks to escape from under the heavy hand of the state. . . . When we reduce the idea of work to nothing more than a means of economic support, we strip it of its transcendental meaning in our lives.” Brooks argues that productive work is crucial to happiness: “Americans prefer to find meaning in their jobs rather than through their after-work pursuits.”

[…]That leads to a political plank for the present: Since the 30 percenters “have concealed the central pillar of their ideology—income equality—under a misleading definition of fairness,” the rest of us should “expose this fact and reclaim the language of fairness for the free enterprise system.” It’s vital to make distinctions: “Legal equality, political equality, religious equality—almost all Americans would agree that these values are vital to our nation. But equality of income? That’s a fundamentally different kind of equality.” We want fair trials but not a right to be declared innocent. We want all people to have the right to vote but not “the right to see their chosen candidate elected to office.”

Brooks notes that the 30 percent coalition’s use of the word “fairness” is duplicitous: “It implies that equality of outcome is a core American principle, when in fact what Americans believe in is equality of opportunity and the potential to earn success.” He is right to insist that the 70 percent coalition cannot cede to the minority the fairness issue and merely argue for free enterprise on the basis of economic efficiency: “Fairness should not be a 30 percent trump card but rather their Achilles’ heel. Equality of income is not fair.” A fair system rewards hard work and excellent performance, and gives people on the bottom a chance to rise not by bringing down the top but by striving for excellence.

I heard Arthur Brooks being interviewed about the book on Dennis Prager’s show. And I read a chapter by Brooks in that “Indivisible” booklet put out by the Heritage Foundation. So he is a recognized conservative.

Muddling linked to some must-read and must-listen interviews that I will be looking at tonight (Monday). If they are good, I’ll link to them for Tuesday.

News

Round-up of news stories from around the world

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I read Neil Simpson’s latest round-up. He linked to an article on the new DISCLOSE bill passed by the Democrats, which outlaws free speech for some people. Not unions, of course. Basically, if you’re a Democrat, you still have free speech. Other people – not so much.

Well, I liked his round-up a lot, so here’s mine. I hope it’s as good.

Germany

From Business Week. (H/T Health Care BS via ECM)

Government-run doctors are striking for 5% raises during a worldwide recession.

Excerpt:

Some 15,000 doctors across Germany are staging a walkout to press for higher pay and better working conditions, a union said on Monday.

Doctors at about 200 public clinics in most German states were on strike and 4,000 gathered for a protest in Munich, the Marburger Bund union said in a statement.

The walkout is scheduled to last all week, but the union stressed it could continue indefinitely if the towns and cities running the clinics don’t make a better offer.

[…]The 700 clinics run by towns and cities represent about one-third of all German hospitals and employ 55,000 doctors.

Gee, I wonder what would happen if private and church-run companies went on strike? Oh wait. That would never happen since they would be out of business in a moment. Maybe we shouldn’t have government-run health care… it’s bad for consumers.

Canada

From the Calgary Herald.

New political party in Alberta has dynamite policies!

Excerpt:

Wildrose Alliance party members approved some controversial resolutions Saturday at their party convention, including allowing workers to opt out of unions and examining a provincial police force, but they left other hot button issues on the table.

Resolutions giving Albertans the unequivocal right to own firearms and support the development of nuclear power were both defeated.

And more policies:

  • Whistleblower protection and better funding for the auditor general
  • Supporting school choice legislation that would let students attend school wherever they want and could open the door to more funding of private schools
  • More privately delivered health care

Wow, too bad they had to throw out the guaranteed right to own firearms, but at least their hearts are in the right place. I wonder what Alberta is like? Do any of you live in Alberta? Can you leave me a comment?

Australia

From Investors Business Daily.

Australian Labor Party throws out crazy socialist leader.

Excerpt:

Prime Minister Kevin Rudd’s surprise ouster by his own party Tuesday came with a teary farewell hailing his role in Australia’s economy. Maybe it wasn’t such a bright idea to imagine it was his golden goose.

Seven months ago, nobody would have thought the well-liked socialist prime minister with less than three years in office would meet such an ignominious end, blubbering after he was thrown out by members of his own Labor Party Tuesday.

[…]It was a bad fall for the man dubbed Australia’s Barack Obama.

Like the latter, the youthful Rudd initiated costly health care, home weatherization, entitlement, and global warming pork barrel projects. In the process, he blew out the Australian budget.

When the time came to pay the bill, he effectively committed political suicide by calling for a 40% tax on Aussie mining companies.

[…]When news of Rudd’s tax hikes suggested a bid to expropriate companies’ profits, the stock market took a beating.

Ooops. That’s why it’s a bad idea to let socialists run your government. I mean – it’s a bad idea if you like having a job and being able to find a new job if you don’t like the one you have or you get laid off.

United States

From the radically leftist Los Angeles Times. (H/T Newsbusters)

Welfare recipients using state-issued debit cards to withdraw money at casino ATMs.

Excerpt:

The casinos are listed on a Department of Social Services website that allows welfare recipients to search for addresses of ATMs where they can withdraw cash provided under the Temporary Aid for Needy Families program. The monthly grant ranges up to $694; most of the ATMs impose a withdrawal limit of about $300 per day.

[…]The cash portion of California’s welfare benefits comes from the Temporary Assistance for Needy Families program. Each year, California gets $3.7 billion from the federal government for the program, while state and local governments kick in an additional $2.9 billion.

Maybe it isn’t a good idea for the state to transfer money away from people who create jobs to people who think that gambling is the equivalent of a job. And since federal money is being used to provide this welfare, I’m paying for it. Oh well. I didn’t really need the money anyway. I’m sure that the people who voted for Obama got their warm fuzzy feeling for “helping the poor” – using my money.

That last article about the poor reminds me of something I read on The Bumbling Genius about how liberal elites view the poor. The solution is never bad character. The solution is always to give them more money.