Fascism is statism that embodies corporatism. Corporatism is an economic structure under which private ownership of the means of production is tightly controlled by the state. In other words, individuals can own and run businesses, but the Leader decides how to use the profits.

In an interview with Glen Beck, Thomas Sowell, a superb economic thinker, said that’s exactly what Obama is implementing in the USA. The President’s goal is to change the basic political and economic structure of the country as fast as he can. Hail, Obama! We love the Dear Leader and the Dear Leader loves his people, who happen to be Kenyan Muslims. Read more >

JewishWorldReview | If anyone suggested that Tiger Woods should try to be more like other golfers, people would question the sanity of whoever made that suggestion.

Why should Tiger Woods try to be more like Phil Mickelson? If Tiger turned around and tried to golf left-handed, like Mickelson, he probably wouldn’t be as good as Mickelson, much less as good as he is golfing the way he does right-handed. Read more >

JewishWorldReview | It must be a bitter disappointment to those in the media and in politics who have been dying to use the word “recession” that, for the second quarter in a row, there has been no downturn in the economy, though growth has been slow.

Alarmists have been reduced to quoting other alarmists on the supposedly impending recession but that is still not the real thing.

The definition of a “recession” is very clear and straightforward: Two consecutive quarters of negative growth. We have not yet had one consecutive quarter of negative growth. Read more >

JewishWorldReview | Some of the people who are most adamant against outsourcing economic activity from the United States to other countries often seem to think we should outsource our foreign policy to “world opinion” or act only in conjunction “with our NATO allies.”

Like so many things that are said when it comes to public policy, there is very little attention paid to the actual track record of “world opinion” or of “our NATO allies.” Read more >

Thomas Sowell wrote a great book, Applied Economics: Thinking Beyond Stage One, in which he explains that politicians have no reason to think beyond the first stage of an economic problem. Mayor Jones, who places onerous taxes on businesses headquartered in his city to subsidize public transportation, is unlikely to still be around twenty years later when the total number of corporate headquarters in the city will have shrunk to nothing. By that time Jones will have already served a term as Governor and will have been re-elected for a second term in the US Senate. If, at that time, anybody raises questions about the plight of his former city, Senator Jones will use the opportunity to point out that the city was thriving during his term as Mayor.

One would think that, when it comes to national security, politicians would smarten up fast. After all, a military defeat could be costly, not least to the politicians themselves. But, alas, politicians remain stupid to the very end. For instance, the Oslo accords caused the death of thousands of Israelis. For his role in engineering Oslo, Shimon Peres received a Nobel Peace Prize. For exercising extreme stupidity in tirelessly working to repeat the Oslo debacle, he was elected President of Israel.

Ehud Olmert, the Prime Minister of Israel, is clearly not too bright, even when compared to other politicians. In his opening speech to the winter session of the Knesset, he stated that “Israel must either create an Arab state in Judea, Samaria and Gaza or face a violent demographic struggle.”

If he could think beyond stage one, he would recognize that handing over Judea and Samaria will yield  a more desperate struggle against a highly motivated enemy in control of territory from which to launch a major war. In order to prevent a demographic struggle, great leaders exile the enemy, not their own people.

The rest of the speech was equally embarrassing. Olmert demonstrated that, to his twisted mind, maintaining the Jewish character of Israel isn’t worth a bitter struggle.
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