I heard on NPR this morning that after ten years of recruitment and training, the Afghan defense forces are totally worthless. So the US training command is doubling the number of training personnel “in country”, adding 800 “Trainers”. I think I will call this military Keynesianism. If you are losing big-time, fix the problem by throwing a bunch more (money, lives) down the black hole. I won’t bore you with Einstein’s definition of insanity. I am sure this was OK’d by the Obamatron, who gave it his bobble-headed official pentagon rubber stamp of approval. If you were wondering why the USA is going to hell in a handbasket, you ought to be able to stop wondering. Just for the fun of it check out this monograph about Republicans and why Obama is no different from Bush. In things military I think Bush may have had something of a plan in mind. A single-celled plan maybe, but a plan. Obama just gets led by a five sided collar.
Posts Tagged ‘Keynes’
Ten Years of Wasted American Lives in Afghanistan
Posted by Martin C. Fox on September 26, 2011
Posted in Empire Building, Government Sponsored Terrorism | Tagged: Afghanistan, hell in a handbasket, Keynes, lives lost, NPR, Pentagon | 2 Comments »
Keeping the Keynes Delusion Alive
Posted by Martin C. Fox on August 6, 2011
Gary North recently explains the difference between Keynesian and Austrian economics in terms simple enough even for me. He then asks the question why we continue down the Keynesian road to oblivion.
The world economic situation is one giant example of un-leashed Keynes. Government intervention in the marketplace, pumping fiat money into the system and generally enlarging that monolith that is government. The system doesn’t work but government’s typical solution is more of the same. The emphasis on MORE. Why indeed do we continue down this dark road? Read the rest of this entry »
Posted in Budget | Tagged: Austrian, Bernanke, Geitner, Keynes, progressive | Leave a Comment »
