Radical Leftists are all Millenarian
By Con George-Kotzabasis
Historically and by definition all from the left are millenarians who being terrified with their capitalist nightmares are countervailing them with their millenarian dreams. And if you don’t dream Marxist ‘dialectical’ nightmares but only Kant’s dream of “Eternal Peace,” der Ewige Friede, then that still makes you a millenarian.
All men/women of reason abhor war. But sometimes war is necessary to prevent a greater catastrophe. And it is through war and strife against the enemies of humanity and freedom that mankind can achieve relative stability and peace. “Nothing for nothing,” to quote the economic historian David Landes. I, like him, “prefer truth to goodthink.”
Is the European Central Bank the Shy Bride of Lender of Last Resort?
By Con George-Kotzabasis—December 1, 2011
It goes without saying, that merely a new European treaty, as proposed by Chancellor Merkel and President Sarkozy, no matter how strong its teeth, will not resolve the crisis. But the solving of the crisis might lie in a fecund combination of new rules to be observed strictly, and new bold economic measures, including the ECB as lender of last resort. And Mario Draghi’s hesitation might only be a ruse. His guise of being the shy bride of decisive intervention might only be a pretension, and he may surprisingly shock everybody by sprightly stepping boldly and marrying the groom of last resort. This unexpected nimble move from shyness to boldness will be a powerful incentive to rally the markets behind the Eurozone. And one might not dismiss lightly that “magic” and a Deus ex machina might have a role in this tragic play.
Obama as Community Organizer was Enforcer of Easy Loans to Non-Credit Worthy Borrowers
By Con George-Kotzabasis
On the crucial measures that could have prevented the “easy” loans that fomented the present economic crisis (Easy come easy go) that were provided under the Community Reinvestment Act the Democrats in Congress voted against them. Obama as community organizer was threatening of suing banks if the latter were unwilling to provide these loans to non-credit-worthy customers. And regrettably many Americans are losing their houses and their jobs now–because of the allure of these easy loans.
In Greece Political Midgets on High Wire Act
By Con George-Kotzabasis—November 02, 2011-11-02
Political midgets, a la Papandreou, have chosen to take the risk of the high wire act by this proposal of the referendum. Hoping that the people will vote for the lesser of two evils, i.e., accepting the debt deal as formulated in Brussels last week and rejecting default and departure from the euro zone. At a time when strong leadership is a prerequisite for diminishing the crisis that Greece is facing, Papandreou abdicates his own and passes it to the people through this future referendum. It’s as if the polloi had somehow a better knowledge and understanding of the critical dimensions of the economic situation and could provide a better solution to the crisis than the expertise of the economically and politically savvy.
Once again politicians, who are more concerned of holding power than of the future of their own country, are ready to prostrate themselves before and pay homage to the idol of the Demos. Papandreou facing in Parliament a no-confidence vote and the ousting of his government promptly announced a referendum that would decide the future of the country, hoping that this would allay the anger and opposition of the people against the austerity measures, imposed by the EU, and at the same time put an end to the disarray within his own government that itself stems from the revolt of the people. It’s clever politicking to avoid defeat and save for him the prime ministership. But he is doing this at the expense of the future well being of the country, as it would take years for Greece to recover from the shock of a default if the electorate voted for it, which is highly likely. This is no less than the revisiting of the ‘sinful’ genius of his pere who himself was the preeminent progenitor of the economic ills that Greece is presently plagued with. The fils merely continues , like father like son, the ‘sins’ of his sire in a more acute form and projects them into the future.
World Bank president, Robert Zoellick said that “if voters reject the plan, it’s going to be a mess.” Economists claim that the immediate effects of a default would probably be a 20 percent to 30 percent drop in domestic demand and a fall of 5 to 10 percent of domestic product. Evangelos Venizelos, the Finance Minister, and his deputy broke ranks and opposed the referendum, saying it would jeopardize Greek membership in the euro zone. Ilias Nicolakopoulos, professor of political science and close to the governing socialist party, stated that a “referendum would put the country in danger of blowing everything up.” In contrast, Henry Ergas writing in The Australian, on November 3, 2011, “Greek Vote a Banana Republic Moment,” praises Papandreou for having the “balls” to propose the referendum, and compares him to the gutsy warning of Paul Keating’s “Banana Republic.” He says, that “to call a referendum on the austerity program is hardly irrational. But he adds the caveat, “true, it is a gamble, and a risky one.” Nonetheless, “the best hope of what comes next must lie in securing a genuine popular mandate.”
Regrettably, however, Papandreou’s proposal of a referendum does not rise from his “balls” but from his impotence. Unable to lead and convince the country, as a weak leader, to accept the inevitable “scenario, Greece must face a lengthy period of austerity and structural reform,” Papandreou passes this leadership to the impassioned people to decide whether to accept or not this scenario. Professor Ergas’ quote of Sophocles, “truth is always the strongest argument,” though generally accurate, is misplaced in the context of a long corrupt electorate that the fiscal profligacy of past governments accustomed it to indulge in ‘free suntans’ in sunny Greece. In such circumstances, the only truth that this pampered electorate will accept is the continuation of these free suntans at public expense. And that is why they will vote NO to austerity measures and thus turn the referendum into an ogre for the future economy of Greece.
Fortunately the proposed referendum like the balloon it was fizzled out within twenty four hours. Under external and internal pressure Papandreou reneged his proposal and withdrew it. Tonight (November 4, 2011), he places his fate on the lap of the god, parliament, on a confidence vote. Even if he survives by the smallest margin his prime ministership is foreclosed.
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Shameless Continued Liberal Fabrication that Bush Told Lies about Iraq War
Maureen Dowd is merely an ‘avatar’ of many other top liberal commentators such as Paul Krugman, Frank Rich, etc. of The New York Times who lack the intellectual integrity to admit that they were totally wrong in their analysis of the war in Iraq and most of all of its victorious outcome.
By Con George-Kotzabasis—A short response to an American liberal
No lies “about Iraq’s involvement with Al-Qaeda.” Saddam was aware of the increasing influence and appeal of Al-Qaeda in the Arab world. It takes little imagination to see that for this political reason alone he had an interest as the most powerful leader of Arab Sunnis to have al-Qaeda on his side, and for the purpose of controlling it. That is why his Intelligence agents had contacts with representatives of bin-Laden from early on during the short domicile of the latter in Sudan and providing his jihadists with training in Iraq.
As for serious argument you shoot yourself on the foot. The Bush administration did not tell “lies about WMDs”. It presented its case for war to the American people on FALSE intelligence information. And as you well know, all the other Intelligence Services of the West, including that of France and Germany, believed that Saddam had WMDs. So if Bush was telling lies, so was doing President Chirac and Chancellor Schroeder. To transform FALSE INFORMATION into LIES as you do, and so many others from the Liberal intelligentsia continue to do, is to do so at the expense of one’s intellectual integrity.
And to compare “home accidents” with the ceaseless DELIBERATE killing by the jihadists, reveals how much out of your depth you are.
As for the political frolicking of Spain under Prime Minister Zapatero as a serious way to fight global terror, reveals your own credentials as political ‘frolicker’ par excellence.
Liberal Cackling Geese Unwilling to Save Libya
I’m republishing the following short piece written on March 17, 2011, that shows how wrong most American and European liberals were about the intervention in Libya.
By Con George-Kotzabasis
This comment of Steve Clemons is a master penning in political frivolity. While the UN now backed by the U.S. and its major allies, Britain and France, is considering “armed intervention,” Clemons with remarkable insouciance cogitates about worse case scenarios and pots of quicksand that the U.S. could be bogged in with sapped strength. And what does he do to boost his ‘serious’ argument? He ludicrously remarks that such intervention by the U.S. will be at the expense of “slashing school teachers, cops, fire responders, and American pilots “shot down and held by Gaddafi”, all the populist scarecrows that appeal to and scare the crowd.
But he still has the backing of the two Dons and the litterateur from Norway, Paul Norheim, who continue to expatiate too on their frivolous concerns about a U.S. intervention, since they lack the moral strength to admit that they might have been wrong on their initial stand on the issue of non-intervention.
Will Greece Default and Leave the Eurozone?
By Con George-Kotzabasis
In any crisis of serious proportions consensus between the major political parties is the sine qua non for its resolution. This certainly applies presently in Greece. But the dimensions of the crisis are so Gulliverian that only a titanic struggle of will and resolution by its politicians, guided by wisdom, will at least diminish the scale of the crisis. Regrettably, however, there is a dearth of politicians in Greece of the status of Gulliver and an abundance of Lilliputians. Therefore, a different consensus is materializing among eminent economists, that Greece perforce will have to traverse a different course than that imposed by the ECB and IMF.
Deepak Lal, a former president of the Mont Pelerine Society and a prominent exponent of the Austrian school of economics, predicts a Greek default and an exit from the Euro. To avoid a Greek debt default that would lead to a Euro zone banking crisis, a stabilization program has been imposed on Greece by the ECB and IMF. But unlike other similar stabilization programs, Lal argues, two vital elements are missing: a large devaluation and a restructuring of the country’s debt. “The former is precluded by the fixed exchange rate of the Euro, the latter by the external holdings of Greek sovereign debt by European banks.” The alternative program therefore is to impose a large internal devaluation instigating a precipitous fall in domestic wages and prices through a massive deflation. It is impossible however to believe that Greek politics will allow the country to follow such a course, especially when Greece is likely to be left with a debt-GDP ratio of 150%. Hence, Deepak Lal predicts that a Greek default and an exit from the Euro is the most likely path that Greece will follow.
Presence of U.S. and Western Troops Underpins Survival of Afghans
The better question is, in my opinion, how many Afghans want the U.S. out and how many of them want the Taliban back in? That is where the “real argument’ lies. The fact is that there is a substantial number of Afghans that can only survive by the presence of U.S. and Western troops at this particular political and military juncture of the country.
To consider that this “flexing of its muscles” by the United States is for “empire” and not an ‘aggressive’ pre-emptive attack against an irreconcilable deadly foe is to be stuck in the rut of conventional leftist unimaginative thinking.
High Court’s Ruling Triumph of Legal Activism at the Cost of Australia
By Con George-Kotzabasis
Lawyers spend a great deal of their time shovelling smoke. Justice Oliver Wendell Holmes
The High Court’s decision that the Gillard Government’s deportation of asylum seekers to Malaysia is unlawful is a devastating blow to Labour’s immigration policy and a lethal hit on Australian border protection. It’s ostensibly clear that a majority of the honourable justices of the court are not immune to the deadly pestilential virus of legal activism whose source has been a number of admirable but impractical human rights enactments by the United Nations which can only be implemented by the abrogation of the national sovereignty of nations. But in the context of this judicial activism the immigration policy of Labour would stand its trial before judges who already had the sentence of death in their pockets. The majority of the justices argued that Malaysia not being a signatory of the UN Convention to the Status of Refugees and the 1967 Protocol is not legally obliged to protect refugees and therefore is not a suitable country to deport refugees. Moreover, according to refugee advocate Julian Burnside, QC, the justices reminded the government that “Australia is signatory to a number of human rights conventions” and is legally bound to abide by them. However, “Commonwealth Solicitor–General Stephen Gageler argued that the government could lawfully declare Malaysia a safe third country even though it had no domestic nor international legal obligations to protect asylum seekers.” But while lawyers may ‘shovel smoke’ at each other on this issue, the repercussions of the High Court’s decision on immigration policy and border protection are of a serious nature and may cause great harm to Australia.
Zabiullah Ahmadi, an Afghan who lives in Kuala Lumpur, predicts than “within weeks there will be lots of boats…many people have been waiting to see this decision.” Hence, the High Court’s decision will encourage asylum seekers to risk their lives in unseaworthy boats with the hope of reaching the shores of Australia of which to many of them, in the context of this decision, has become the refugees nirvana. Another refugee observer, Abdul Rahma, a leader of the Rohingga Community in Malaysia, said, the “Australia-Malaysia deal has been a useful bulwark to stop the tide of asylum seekers risking their lives travelling to Australia. Now they would return to the boats.” With the great probability therefore of an increase in boat smuggling and the attached physical and psychological risks that asylum seekers will have to take, the judges of the High Court have unwittingly, and must I add, foolishly, become accessories before the fact of this great danger to the lives of refugees on board of unseaworthy vessels. Furthermore, the honourable justices by ‘signing on’ the UN Convention on refugees, they have written off the long term interests of Australia in regard to its immigration policy that is of such paramount importance to its future balanced demographic mix. A mix that will not threaten its Western based values and the harmony of its democratic society as it has on many European countries due to an unwise and completely flawed immigration policy that so acrimoniously and precariously has divided the indigenous population and immigrants, as exemplified by the massacre in Norway and the riots in the cities of Britain.
But one must be reminded that the decision of the High Court is a direct outcome of the foolish dismantling by the former Prime Minister Kevin Rudd of the successful “Pacific Solution” of Howard’s government that in fact had stopped the refugee boats coming to the shores of Australia. And the serially incompetent and politically effete Julia Gillard who succeeded him to the Lodge had to pick up this can of worms, i.e., this confused new Labour policy that was kicked by Rudd to his successor with his ousting from the Lodge.
In the context of the decision of the High Court the Gillard government has no alternative other than to change by legislation the immigration laws. And it is good to see that in this task to protect the borders of Australia, the Opposition Leader Tony Abbott has stated that the Liberal/National Coalition would support such legislation if the Government would consider Nauru as an offshore refugee centre. It is imperative that this offshore solution must not be replaced by the cretinous stupid proposal of the Greens and their sundry ‘paramours’ of human rights lawyers and refugee advocates that asylum seekers should be held in onshore centres such as on Christmas Island. Such a short sighted harebrained proposal would lead to a stampede of smuggler’s boats hitting the shores of Australia and would be an incentive for ruffians of all kinds to continue entering in greater numbers such a lucrative business.
Finally, the High Court’s decision is a portentous illustration of what is in store for nations who injudiciously and facilely sign international conventions without considering the serious and injurious repercussions such covenants could have on national sovereignty. No wise political leadership would be ‘outsourcing’ the sovereignty of one’s nation.
I rest on my oars: your turn now…
