Mangled Thoughts

Tony Blair coined the expression, “Third Way”. The trouble is, it isn’t new and neither is “New Labour”. Mussolini and his chums got in first. They called it “coporativo”. The undergraduate textbook steeped in some devestating economic fallacies bound “Right”, have caused extensive damage. They paved the way for Rudd and his Cabinet of imitators of nasty habits. Yet, there is also an element of Zwangswirtschaft involved.

It is impossible to stop giggling at the Centre of Indendent Studies. A warning must be issued to all who might bother with their bilge. Come to this, also the IPA’s and HR. Nicholls Society’s comic scripts for children. This is how I managed to break a rib. Some of their papers are so hilarious, I managed to hit a rib on the arm of the chair. They would be funnier if these village idiots were not wrecking good causes.

The biggest joke is; they pride themselves on being experts on Hayek. To indicate how bad they are, if they were they would be Austrian school economists. They are clueless in it.

If they were well read they wouldn’t say, for instance, Hayek influenced von Mises; it was the reverse. Secondly, Hayek was already an economist before he met Mises and was influenced by him. They do not even recognise an ‘Austrian’ argument when it is put before their peepers. Safe in their hubris, they even smear a fine economist in Mr.Jackson of Brookesnews, who has delivered devestating criticism of their pseudo-free market economics output, from ‘Austrian’ reasoning.

Between them, the “Right”, including Peter Costello, whom the HR. Nichs. Soc. fetes on their website as a Nobel Laureate in Economics and the most distinguished Jurist in the history of Common Law… darn, I’ve cracked another rib. These prize pillocks have not merely severely damaged free markets and economics of. In their insouciant crashing around in an intellectual china shop, they have only made those out to destroy free markets seem creditable.

Needless to say, incapable of defending free markets, they are fully aware that if they dared to treacherous Leftists would have a fun time exposing them for the empty balloons that they are. They pop and deflate rapidly.This is what happened when they pretended to run the otherwise solid and thus highly moral case for Labour Market Reform. This is why cretins have a free time in the public arena, as typified by a Lefty ignoramus called John Ralston Saul, as Jackson related in:

Ralston Saul: Nonsense from an anti-market ideologue

Saul is confused over corporativa, and so are the living dead “Right”. Jackson isn’t. Neither was von Mises.

The Centre for Independent’s Studies Megaglorious Professor in Hayek, not only errs in asserting Hayek influenced von Mises. Nicholas Gruen in, Much to learn from Hayek on efficiency, declared:

Hayek theorised, quite rightly that central planning is a dysfunctional way to run an economy, that markets are much better at using the local information that central planners cannot be aware of and have minimal incentives to take advantage of.

The Austrian school made no such mistake. They stressed central planning, the original 19th century word for socialism, is impossible. It was von Mises who famously hit Marxists hard, crumpled them up, with his pungent phrase, “Planned Chaos”. Hayek’s statement of this is:“ rational economic activity is impossible in a socialist commonwealth”.

Not content with cocking up these basic points, Gruen proceeded to a grander effort in destruction. He asserted large firms are socialist ‘organisations’. Coase nailed why this is false, in his
The Firm, the Market and the Law (1990); the market resolves optimal planning in firms. Mr. Jackson cited Coase in a devestating item on,

Anti-merger laws are bad for the Australian economy, Mr Barnaby Joyce

Who else blunders, viz Coase and other matters? Oh, No! Ken Phillips and his atrociously idiotic “Master-Servant” paper. Gruen “guesses” those in large firms haven’t read Hayek. Maybe so, but it’s better than a guess Gruen hasn’t read him, neither have his CIS, IPA and HR Nicholls Soc. pals, and nothing much else either.

It is to Von Mises’ tight, sparklingly clear, Planned Chaos (1947), that we turn.

Corporativo

“Benito Mussolini, the outstanding man in Italian socialism, chose at first the orthodox Marxian position. Nobody could surpass Mussolini in Marxian zeal. He was the intransigent champion of the pure creed…

“As in all other European countries, most of the Marxians longed for war and conquest…

“The program of the Fascists, as drafted in 1919, was vehemently anti-capitalistic. The most radical New Dealers and even communists could agree with it.

“Its shining leader, the peerless Duce, was called to find the ultimate solution for the burning problems of society’s economic organization and of social justice.

“From the dustheap of discarded socialist utopias, the Fascist scholars salvaged the scheme of guild socialism. Guild socialism was… so impracticable that it disappeared very soon from socialist literature. No serious statesman ever paid any attention to contradictory and confused plans of guild socialism. It was almost forgotten when the Fascists attached it to a new label, and flamboyantly proclaimed corporativism as the new social panacea.

“They called corporazione the compulsory organizations of the various branches of industry which were the administrative units for the execution of the German pattern of socialism they had adopted…

“Fascism was not, as its advocates boasted, an original product of the Italian mind. It began with a split in the ranks of Marxian socialism… Its economic program was borrowed from German non-Marxian socialism and its aggressiveness was likewise copied from Germans, the Alldeutsche or Pan-German forerunners of the Nazis. Its conduct of government affairs was a replica of Lenin’s dictatorship. Corporativism, its much advertised ideological adornment, was of British origin. The only home-grown ingredient of Fascism was the theatrical style of its processions, shows and festivals.”

Corporativo is being advanced by the Rudd Cabinet, through the extensive plans to make Australians Kyoto compliant. It is not only Co2 taxes that they are preparing to ram down.

Zwangswirtschaft

“…seemingly and nominally, maintains private ownership of the means of production, entrepreneurship, and market exchange. So-called entrepreneurs do the buying and selling, pay the workers, contract debts and pay interest and amortization. But they are no longer entrepreneurs. In Nazi Germany they were called shop managers or Betriebsführer. The government tells these seeming entrepreneurs what and how to produce, at what prices and from whom to buy, at what prices and to whom to sell. The government decrees at what wages laborers should work, and to whom and under what terms the capitalists should entrust their funds. Market exchange is but a sham. As all prices, wages and interest rates are fixed by the authority, they are prices, wages and interest rates in appearance only; in fact they are merely quantitative terms in the authoritarian orders determining each citizen’s income, consumption and standard of living. The authority, not the consumers, directs production. The central board of production management is supreme; all citizens are nothing else but civil servants. This is socialism with the outward appearance of capitalism. Some labels of the capitalistic market economy are retained, but they signify here something entirely different from what they mean in the market economy….

“The system of the hampered market economy, or interventionism, differs from socialism by the very fact that it is still market economy. The authority seeks to influence the market by the intervention of its coercive power, but it does not want to eliminate the market altogether. It desires that production and consumption should develop along lines different from those prescribed by the unhindered market, and it wants to achieve its aim by injecting into the working of the market orders, commands and prohibitions for whose enforcement the police power and its apparatus of coercion and compulsion stand ready….

“The Nazi plan was more comprehensive and… pernicious than that of the Marxians. It aimed at abolishing laissez-faire not only in the production of material goods, but no less in the production of men. The Führer was not only the general manager of all industries; he was also the general manager of the breeding-farm intent upon rearing superior men and eliminating inferior stock. A grandiose scheme of eugenics was to be put into effect according to “scientific” principles.”

“The slogan…[for their] their economic philosophy… Gemeinnutz geht vor Eigennutz (i.e., the commonweal ranks above private profit)… [is also] the idea underlying the American New Deal and the Soviet management of economic affairs. It implies that profit-seeking business harms the vital interests of the immense majority, and that it is the sacred duty of popular government to prevent the emergence of profits by public control of production and distribution.”

In Australia, the term used by the decrepit “Right” and the diseased Left is neither “the majority”, nor “the collective”. They chosen an infantile substitute to say the same thing, “the community”, which stretches, expands, deflates, and shrinks according to what the wheeze is.

Community rhymes with the sound cows make,

“Commoooooooooooonity”

This gels nicely with the resurrection of the cult of nature and the slogan proudly shouted by cretinous MPs busy blowing up the Liberal Party, “We are all beasts”.

The above will be brought to bear in lifting out Rudds old socialist ‘plans’ in further items. For now, it is enough to note the living beast mummies of the “Right”, and their sterilised to death ‘free market tunker tanks” paved the way for Rudd’s atavism. Oh, it wasn’t becuase they deliberately laid foundations for it. It was because they don’t have a sputtering candle between them to shed light up these grave matters.

History begins each morning when they emerge out of a good night’s undisturbed sleep.

The History of economics begins as soon as they can invent their newest gag they offer in the name of free market economics [bother, does the rib hurt and how]. Chris Berg and Andrew Kemp demonstrated this perfectly - Islam and the Free Markets. They are typical of the completely dumbed down dumbkopf “Right”.

Ah: Peter Costello a bright spark. For once I could laugh along yesterday evening with Paul Keating (blimming heck was this a shock). He popped the ‘balloon’ with a nicely delivered one-liner.

The left and Fat Aunty Bolshevik Collective are desperate to see ALP on the federal Treasury Benches. Beazley,his first time around was their saviour, a second time, and now a third time, and in between, it was Simon Crean, then Latham. Unable to fathom at all why the ALP will be defeated on the next federal civil war day but, having grasped one thing, they will be defeated, they are sobbing, quivering heaps. Already over-dosing on the turps, the leftoid medja are crying for yet another saviour. It escapes them, there is one Christ and one Christ only and he wasn’t a politician,and certainly not a National Socialist fool committed to all the pet causes of the left, including those of Pol Pot’s fan club the Greens, these few facts escape also the leftoid clergy including bishops and a cardinal. Come to that, Christ wouldn’t recognise most clerics as his apostles, Marx’s yes, but not his.

In their dementia, in their fevered sorbet brain containers, out of their wildest fantasies and delusions, amidst wailing and gnashing of teeth, the medja have acclaimed another saviour, or rather, had a mystical experience. `It should be a Tony Blair type saviour. Allelulia, Allelulia, Alleluia, tummty, tummty, tummty. ‘ This is too funny, Blair and Brown are driving HMS Britannia onto the reef of marked Economic Carnage and Commie nastiness, the bows are already shredding on the reef, and the media cry, `Hail, oh Vision of the Holy National Socialisto Redeemer.’ Come election time, with the shadow cabinet already stuffed with unelectable delinquents, including Beazely himself, the last thing they need like a hole in the head is to be not only compared to LP, bad as that would be for the ALP, but have an Oz spitting image of Phony Tony. Any voters toying with throwing their lot to the ALP, will look across the ocean waves,see the burning, sinking wreck ,and cross themselves and vote for the Coalition once again.

It is worth marking,on the domestic front, so rotten are the many measures of the LP that, the streets are safe only safe for vicious criminals, The decent are prosecuted for, well, being decent. Regulations are turning Britain into a secret police state. Taxes, regulations and the sheer rate of forging currency is sinking Britain and fast. What is emerging is,flight of capital out of Britain, things will be as bad as the dark days before the Prime Ministership of the Iron Lady. In fact, LP is magnification of the realities of Brackstaniland and the Bracks lead Victorian ALP. Ideed, the analogy runs closer, as Doyles paper Doyleys proceed to hand another election victory to Bracks and his stalinist Junta, instead of having ensured they were flung into prison long ago, the Tory party too has been highjacked by the socialistos who have ruined the Tory Party. So rotten are they, one cannot fathom at all why Howard regards the bum and his fellow commie bums so highly and as a friend.

Yet, Beazley is an Oz Blair, as it were. Beazley is all hot air, spin. Like Blair, he is a Catholic whose `grand vision’ rather concords with Cardinal Pell’s, which one will shred in a separate view. Beazely, like Blair, is all for `social justice’ , which has nothing to do with justice and the rule of common law, it is a vaccuous euphemism for the diktat of dictators. Like Blair he is an international socialisto who, through Rudd, would make Oz a lap dog to that den of commie gangsters the U.N. He is all for saving dah world, throwing lots and lots of stolen property to all the worlds problems, even if none exist. Like Blair, he believes individuals must be sacrificed for the greater mystical being, dah nation. Like Blair, he has a shadow treasurer who will forge money faster than it currently is being forged, and that is already at a hideous rate. like Blair, he is all for national socialist brainwashing insitutions euphemistically called universities. Like Blair, he is committed to politicial correctness and all such rotten causes. Like Blair, he is committed to the garbage of man’s causes global warming, and thus to crippling Australians economically for a non existent problem - by this, punish far more stalinist measures than the rotten punishment the Coalition is dishing out to placate that greeny Goddess of Death, Mudder Nature.

Unlike Blair, he has the merit for leftoids, Beazley has attacked the Coalition over the Iraq war. What the leftoids might not appreciate is, Beazley is like Blair, he enjoys the main job of P.M., commander in chief. Beazley’s attack against Howard over Iraq is only a nasty display of venal oppportunism. If Beazley were P.M., the fat hypcorite would have, as much as Hawke did in GWWI, not only ordered the troops in against Saddam but with enthusiam (like Hawke in GWI) - unlike Howard . This is why, Beazley states, it is the wrong war. What makes it a wrong war is, because he can’t play at being a war leader, it wasn’t him in charge.

He should never be put in that positionfor, as it was, as defence minister, he was a rotten bastard. Here is another common thread, Blair and LP has tried to make the British armed services comply with political correctness and other leftoid-bureaucratic demands and has done considerable as a consequence,so Beazley when he was defence Minister.

Beazley, like Blair, would let loose the commie leftoids in the party and all observing what is being done in Britain, and even in Blair’s first couple of years in office, and what is being done by the Bracks Junta, recognise one thing, stalinism backed by jackbooted goon squads.Beazley, will of course, return employment back to the good old days of the IRC gang of criminal thugs.

The above is only the beginning of a long list of points which shows Beazley is an Oz Blair. Beazley is frightening the crap out of voters. Looking at Britain and LP and Blair only confirms what is very obvious. Perhaps the medja mean, a super duper Oz type Blair, that Beazley-Blair Boy needs a bit more bloating up. O.K., that can be done.

Imagine Bracks and Beazley fused, now that would be a supper duper Oz type Blair. Now, the reaction of Victorians suffering the Bracks Stalinist regime would be a predictable scream, `Run for your lives.’ All the ALP’s election day material would be returned in their unopened boxes.

The leftoid dominated media, so deluded by their U.S.-Israel-Jew-Howard-Bush hate filled fantasies cannot recognise the bleeding obvious, even when its fat belly smacks them in the face. `Who was that?, theycry. They cannot face up to it, Beazley Boy is the Oz Blair. His cabinet is an Oz Blair-Grodon Brown leftoid dominated type cabinet. They cannot face it, because of the frightening resemblance, voters have refused to elect him before, as so Latham, and find Beazley and his gang of oafs still as odious. There cannot be two Oz Blairs, only one, and Beazle Boy is it. Yes, they have their amazing saviour, and not just a Vision of the Holy Shit Odious Redeemer of commie dreams and fantasies. This should tell the leftoid journos something, Aussies are not yet so crushed by commie politicians that they will numblingly vote for the Fat Oz Blair Boy and his cabinet of good for nothing commie liars out of fear. The journos don’t get it, voters look at Beazely and they can see Blair, and, as Aussies have shown, election after election, they just find the prospect of any of them on the benches which count a horrifying prospect.

Oh, well, it’s back to the Christ drawing board for the leftoid dominated medja, after swallowing more gallons of turps. Designing christs who bear rather more resemblance to Stan the Man Satan’s helpers is more than a mere design flaw. Stan himself might not be impressed, either, he doesn’t wish to scare off punters by frightening images. He prefers smoothies - ah, I see, the journos reckon Blair is a smoothy but then, right from the first it was easy to spot what Blair was, just another bloody national Socialist bastard. It shows, the paint fell away in large chips early and quickly. That he and the LP have survived so long shows how many Britains are sunk in the slimey, vile, totalitarian crap of National Socialism ? No, it’s a tribute to how mauch the Tory socialists have ruined the Tory Party that they made the L.P. look only plausibly smooth - there’s an object lesson in that for the Oz Coalition parties.

The zoologist who has made this amazing discovery is Senator Lyn Allison, dah deah leadah of the Dem-bimb-ocrats:

“Women are fully human.”. Mind,Lyn, the Mullahs of Iran beg to differ, they are still debating whether a woman or a camel is a higher order species. There is every indication, this curly question will not be settled for at least another couple of millenia or, when Islam is finished, whichever comes first. My money is on, Islam will be at an end rather soon enough. It will be soon enough when Islam is merely a matter of historical interest only, a smelly footnote saying:

`Islam, along with socialism, was a horrid bane and blight upon civilisation. The Islamo uprising of the late 20th century and early 21st century was, despite socialists claims, effortlessly put down. Islamic theocracies collapsed, Imams fully discredited , Islam was abanoned as just another nasty nightmare. The last generation of women, homosexuals, and children, to have suffered the oppressive tyranny of Islam rejoiced in the streets, a celebration which compares to the Victory Day wild celebrations around the world at the end of WWII and the defeat of three monstrous regimes.’

In the meantime, one can only wait for little Lynie’s next amazing discovery. Wow, and, wooooooooooo.

Professor Bunyip does a sterling job tracking the decline and fall of the Fairfax group into senility and bankruptcy - the shareholders must enjoy being bludgeoned into bankruptcy.

Fairfax commissioned a nationwide poll, gee, and found:

Howard got it wrong on racism, poll finds…

VOTERS have delivered a rebuff to John Howard over his response to the Sydney riots, with three-quarters of people disagreeing with his claim that there is no underlying racism in Australia.

So, assuming as the heading indicates , the grand nationwide poll finds 3/4 believe all other Ozzies are rascists, though the polled, presumably, do not regard themselves are rascists. The headline, then, should read, if Fairfax had honest, truth telling non-leftoid editors and journos, `Howard is right after all, the majority of Ozzies are not rascist’.

On the other hand:

They surveyed a grand total, out of a population of 21 million, of 1423 - must be either the sum of Fairfax papers’ subscribers or,

Or the dropkicks who attended the `anti-rascism rally in Sydney. As Evil pundit relates, Sunday silliness, there were 1,000 to 1500 leftoid moronslittering the streets with their vile bodies. What a curious co-incidence between the 1400 odd polled and the numbers muttering, ooga booga. It is clear what happened:

`Let’s have a poll.’ said one village idiot of an editor to another,` ha ha ha’, on hearing there would be an `anti-rascist rally.
`Yah’, said the other,` ha, ha, ha.’
They sent little Johnny the over-paid village fool Fairfax calls a journo with a little sheet with one question on it, to take part in the `rally’ and have the thumb print of his fellow morons affixed to the paper.

Which explains the 75%, while the remainder are just too ga ga that they were confused by the question and regarded the lefty office boy as a RWDB plant, despite him being on their side and the poll bearing directly on why they were littering the streets, gibbering, and generally being their usual obnoxious selves.

This morning, time was given to blonde bimbo minus loks and charm Margaret Pomeranz, on the Parliamentary channel, who described another doco in the style of `Let’s adore Fidel Castro and his Hussy Joan Coxsedge’, and a Mike Whale’s Bum Moore’s `How a moose stole my chaff to make Bush look good’ , to be screened this evening. The collapse, Pomeranze explains, was typical of evil capitalists. She, gushy gushy with knicker wetting enthusiasm, bemoaned she did not understand much of the technical terms , in fact, she explained, she has bugger all of a grip on finance, commerce and a few things more. What she could `appreciate’, she explained, was the executives of Enron were corrupt and defrauded shareholders and robbed denied customers of their electricity’.

Well, that clears one thing up, Pomeranz is not merely a bimbo who should stick to what she is good at , muttering inane, boring rubbish about the Yartz, she is the ideal ductile half-wit leftoids who are cleverer than she is appreciate, piss ignorant of many things, including the history behind the collapse of Enron. And that suits SBS because, as Pomeranz said,it shows why markets are bad and socialism is good and govt. command economies just the bees knees. Of course, considering the commie liars who stuff SBS admire Cuba as just quite the socialisto heaven on a stick [if they were consistent, they would happily proclaim Mugabe’s Zimbwabe is ticketty boo too, or perhaps they will as soon as the Fat savage from the commie jungle says them a lurve letter: see, Mugabe, follow fidel’s example and SBS will happily show docos showing what a fantastic go-ahead stinking heap Zimbwabe is].

Enron demonstrates nohing at all about free markets, enterprise, the actions of entrpeneurs. Niehter does it demonstrate what so many lwefties , and they include rather a lot in the Coaltion parties, enough who sit on front benches of each tier of `govt.’ in Oz. What the collapse of Enron is, is another illustration of why `politicians’ cloaked in the tin pot goddy mantle of Fat ALmighty Govt. cause `market failure’ and collapses.

The `oughta be more regulation brigade’ like the Enron’s, as an excuse to jsutify more stalsiand regulation to make, of course, bad old capitlaists, entrepenurs, investors moral and give what ever wombat demands as of some diviine right. The relationship is the reverse: the more regulations imposed , the more difficult it is to run any enterp[rise successfully, the risk of failure is acutally increased by the imposition of regulation.

So, for the benefit for little Red Girl Guide Pomeranz and her politburo masters in SBS, the culprits were politicians who corrupted the markets, imposed price controls, imposed regulations and invented transfer scams and a few more things which led to the collapse of Enron. Mind, that is only the states’ politicians. then there are the Feds: Greepspan and the Federal Reserve forging money hand over fist and thus were the crims for the stock market bubble, just as, say, the Oz RBA and Costello are culpable of the same which is now beginning to burst [N o, Costello and the RBA, you are liars, you can not use the temporary high in oil prices as an excuse for what inflation is, the forging of more worthless fiat money hand over fist to prop up the gobble-de-guts consumption of each tier of `government in Oz].

There were also market considerations peculiar to Enron which entailed some additional risks. That aside, why Enron collpased due to interfering polticians and their bureaucrats is set out in some detail over several articles by contributors to the von Mises site. There are some very interesting twists. On the other hand, leftoids don’t let hard facts stand in the way of telling a big fat lie and that is SBS’ motto:

`Truth, Damn the truth. We want Lies, We tell lies, Any fat lie,To promote the Cause of Communism.’

For that is the object of the `doco’ : it is using the Enron collapse as an excuse to attack free markets in favour of increasingly totalitarian govt.

Leftoids wheeze on about how so bloody intellectual they are. They are not, they are dumbed down, vacuous dropkicks. Shite, Peter Costello is bad enough, so is Colin Turnball, then what sits opposite them, without beign forced to stump of stolen property called taxes to a bunch of liars at SBS ( and ABC) so they can broadcast propaganda on behalf of socialisto, interfering swindlers called politicians.

Some of the articles setting out the background to the collapse of Enron here:

Title Author Date

August 2004
Is Ken Lay A Criminal? William Anderson 8/16/2004

July 2003
Bush’s Hidden Corporate Tax DW MacKenzie 7/29/2003

December 2002
Enron, One Year Later Dale Steinreich 12/1/2002

October 2002
What Brought Down Enron? William Anderson 10/8/2002

June 2002
The Myth of Market Failure Christopher Westley 6/14/2002

May 2002
Enron’s Long Shadow Christopher Westley 5/16/2002

April 2002
Enron: The Fallout Christopher Mayer 4/4/2002
In Defense of Arthur Andersen Christopher Westley 4/2/2002

February 2002
Enron and Greenspan’s Bubble James Sheehan 2/26/2002
Regulation and Reality William Anderson 2/14/2002
Market Solutions to Conflicts of Interest James Sheehan 2/4/2002
The Real Scandal of Enron Christopher Westley 2/1/2002

January 2002
Myths About Enron

What is even more ludicrous about the SBS `documentary’ what it pedles is the same false nonsense peddled when Enron was unravelling during 2001/02:

by William Anderson
[Posted on Wednesday, January 16, 2002]
As the once-formidable Enron Empire continues to implode–and new revelations appear daily about the inner workings (and apparent financial shenanigans) of this firm–we are treated, not surprisingly, to the wrong story by the mainstream news media and their associates from the political classes. It is bad enough to see a huge firm go bankrupt, but what makes this situation even worse is the moral and intellectual bankruptcy that follows in its wake as the apostles of statism feed the rest of us disinformation.

While the facts (as we know them today) of the Enron debacle are easily available in most newspapers and on the Internet, they are accompanied by a number of myths that are being spawned by politicians and their media allies. (For example, in decrying the Enron mess, columnist George Will declared, “It will remind everyone–some conservatives, painfully–that a mature capitalist economy is a government project.”)

Gee, it looks like the script for the SBS doco was lifeted verbatim from the “old wives’ tales”told by “politicians and their media allies” , and SBS and Pomeranz havealso lifted their lead-in introduction to the fairy tale movie straight from that liar, George Will.

Anderson proceeds to explode the myths told by lying leftoid journalists and politicians, noting the politicians are the real criminals, and ties up neatly what one mentioned of regulation as effectivive in only inducing collapses.