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The State newspaper just had a perfect piece of
straight McCarthyism on its editorial page.
Yes, believe it or not, it was even worse than usual.
This editorial said that some members of the Council
of Conservative Citizens were at David Duke's announcement
of his candidacy. They then stated that every
member of this organization is now discredited.
They then listed the issues on which the CCC differed
from The State, implying that anyone who differed
with Political Correctness on these issues was tainted
with Duke's earlier Nazism.
Respectable conservative reaction was the same as
it always is. They went to pieces, and are crawling
on the floor, begging forgiveness. If Duke
had been a Communist, nobody would have said a word.
The left doesn't crawl. That is one reason it stays
in power.
If Duke had been a leftist, and some liberal group
had endorsed him, no respectable conservative would
DARE declare that they were ALL thereby discredited.
Congressman Barr might respectfully suggest that,
on this particular issue, some of the members --
not the majority, who were good, loyal Americans,
but a small minority -- had taken an incorrect step.
But if you commit heresy on the right, you're forever
discredited. And your little dog, too.
When I worked on Capitol Hill, I loved to tell people
why it was so nice to work for Congressman John
Ashbrook:
"When I go to a party and say I work for Ashbrook,
every one of the right people goes rigid."
All the leftists go rigid when David Duke is mentioned.
They used to go rigid when Pat Buchanan was mentioned,
and that gave us a real alternative. But Pat has
now devoted himself full time to being the Personal
Representative of God Almighty, and does not bother
himself with our mere earthly concerns any more.
The left's attitude toward Buchanan is now quite
simple: he is a harmless religious nutcase. So they
let him rave on.
Now the only real alternative the system offers
to the melting pot is David Duke. The only person
the system gives us who openly worries about the
fate of my race is David Duke.
So if the system offers us no other alternative
but Duke, we are supposed to roll over and die,
right?
Back when the "peace loving" Nehru was
neutral between Communists and the West, liberals
said, "That's all right, what choice does he
have?"
Likewise, when civil rights leaders had advisors
with lots of Communist ties, liberals said, "That's
all right, what choice do they have?"
In other words, the left demands that a person be
allowed to commit heresy ON THE LEFT until such
time as the system gives him a legitimate ALTERNATIVE.
Duke is the ONLY person in public life today who
repudiates the melting pot openly. Many of us who
are not in public life repudiate the melting pot
openly. We want to be represented.
The system is giving me no choice but Duke if I
want to repudiate the melting pot.
But if you are not Politically Correct, the system
is under no obligation to give you any choice at
all. It merely condemns those who accept the only
choice it offers them.
So we must either continue to crawl, or demand a
choice. We must tell them that, until we are offered
a choice, we are perfectly free to choose heresy.
Please notice that Duke scares the hell out of the
establishment. If he is so far out of the mainstream,
why should his being in the legitimate political
arena frighten the establishment so much?
It is not because Duke might win. It is because,
if enough people vote for him, the establishment
will have to provide us with an alternative to what
THEY want.
So where do we go from here?
We can let the liberals and respectable conservatives
get away with this McCarthyite push. Or we can exercise
our rights as Americans. We can demand that they
adopt that "big tent" they are always
talking about, and offer some SERIOUS alternatives.
But as long as the Southern Crawlers and respectable
conservatives are the only opposition, they will
not need to offer us a damned thing.
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Dow-Jones is setting new records, and Bill Clinton
is getting credit for it. It is time for us to talk
about what is really going on.
The stock market has hit another high. Everybody
has been watching for it to go into a nosedive for
years. As a result, every shock causes the market
to go down hundreds of points, as everybody waits
for The Big One. The fact is that we have had a
boom every since the early 1990s, there is no end
in sight, and nobody can understand it.
I propose to explain to you what is going on here.
First, a quick word about why I feel qualified to
talk about this.
To put it briefly, I am a trained economist, but
DESPITE that fact, I know something about economics.
While I was studying graduate economics at the University
of Virginia, I had a total of about eight professors
for different subjects. I was really bowled over
some years later when one of them, who had been
the second reader for my doctoral dissertation,
won a NOBEL PRIZE!
A few years after that, ANOTHER of my former professors
won the Nobel Prize!
How many graduate students are taught by TWO future
Nobel prize winners?!
Why did we have such a mass of talent at the University
of Virginia at that time? The reason is simply:
we had almost the only CONSERVATIVE economics faculty
in the United States!
My father used to say that an economist is a person
with a watch chain that has a Phi Beta Kappa key
on it, but no watch. In other words, people would
be a lot more prepared to say we economists know
all about economics if more of us were RICH.
But the fact is that most academic economists are
liberals, and they don't really know anything about
the real world. As is the case with all liberals,
nothing liberal economists advocate has ever WORKED.
(PLEASE SEE my November 21 article, "It
Doesn't Work.").
Instead of trying to do anything with their own
money, liberal economists persuade people to let
these leftist economists plan their economies for
them.
These economics professors never make any money,
but they are always insisting that the economic
planning experts they train should be put in charge
of planning and running whole countries. This is
called socialism.
It should not surprise you to find out that, in
the unique Southern school I went to in the 1960s,
where the caliber of the professors was so high,
that socialist nonsense was laughed at. One of my
professors, an expert on Soviet economics, was one
of Barry Goldwater's two economic advisors in his
presidential campaign. He was an expert recognized
world-wide as having changed our whole view of the
Soviet economy, and he was NOT one of the two later
Nobel Prize Laureates!
This was the main, tiny reserve of conservative
economists in America, and you can see that it was
brilliant.
To sum up what I am saying here: despite the fact
that I was trained in economics, and the fact that
I taught it at the college level, I actually know
something about it.
One thing I have learned is that you have to ignore
the complicated nonsense and try to find out what
is really going on.
While everybody is trying to explain the present
boom in terms of Optimal Interest Rate Adjustment
or in terms of Fiscal Policy, or because of sunspots,
let's take a look at the obvious reason for it:
The Cold War is over.
This does not only mean that Communism is gone.
It also means that socialism has been overwhelmingly
discredited. Even China and Cuba are going towards
the market system.
This means economics is no longer the worldwide
province of pure nutcases. So things are going very,
very well. Now, follow me closely.
You cannot understand politics today unless you
understand that liberalism and leftism in general
is not just "intellectually incorrect."
You have to understand that leftism is SILLY. You
have to LAUGH at the bozos with PhDs who told us
for decades that an economy would be EFFICIENT if
it is owned and run by the government.
Unless you face the pure madness of yesterday, you
cannot understand why things are so much better
today.
Almost everything in our society is based on the
results of our having accepted yesterday's liberal
insanity.
To understand our present crime level, you have
to face the fact that it was not some slight error
in judgment that made PhDs and all those who listened
to them demand that criminals be treated as victims.
The the crime rate skyrocketed because, in obedience
to these so-called "intellectuals," we
went mad.
Our children cannot read, not because of some highly
intellectual error, but because of one dumbass fad
after another, each one backed solidly by the education
bureaucracy.
In the same way, our present boom is the direct
result of the end of an era of insanity. Now the
world is in a long, long economic boom because it
is rebuilding from the total destruction socialism
caused.
For over fifty years, the entire third world, most
of mankind, has lived in concentration camp conditions.
Most of the world has lived at a level that we would
not let a DOG in our country experience!
Yet, even as these people starved and lived in filth,
there was plenty of capital in the Western World
just waiting to be invested. Japan took advantage
of Western investment, and its standard of living
soared.
Japan was not only a hungry Oriental country in
1945, it was a BOMBED OUT oriental country in 1945.
In forty years, using capitalism, it had the highest
per capita income on earth.
In the meantime, the rest of Asia just lay there
and starved. In India, democratic socialism ruled.
In China, Communism ruled. Throughout Asia, some
form of socialism was in control. Western liberal
economists were very, very happy because they were
very, very influential.
What kept most of the world living in a giant, starving
concentration camp?
The answer comes in one word:
Socialism.
We all know that American and European "intellectuals"
were admirers of Russia and China, and we all know
just how incredibly insane the economic theology
of those countries was. Russia is worse off today
than it was in 1913.
But the same academic planners ruled in India and
Africa and in all of the rest of that giant concentration
camp. All their leaders went to Western universities,
and went home to plan their economies as they had
been taught. They didn't try to attract Evil Western
Exploiters who had money to invest. Oh, no, they
tried to PLAN their way into prosperity.
So what happened?
Just what any sane person would EXPECT to happen!
Now the insanity has passed, and these countries
have been freed from their socialist hypnosis.
So now that enormous concentration camp is trying
to attract investment.
As that investment flows into the third world, at
least half of the world's economy is being constructed
from the ground up. It is a gigantic boom, and it
will last for some time, unless the socialists find
some way to stop it.
The worldwide boom we have today is exactly like
the boom that occurred after World War II in Europe.
Europe had to rebuild its entire bombed-out infrastructure.
There were a couple of false starts between 1945
and 1949, and then, finally, the reconstruction
of Europe got under way and everybody became very
busy.
When Europe got around to rebuilding its whole economy,
there was an enormous boom around the world.
The insane economic planning of the last fifty years
has been far more destructive to far more people
than a DOZEN World War II's. We are reconstructing
OVER HALF OF THE WORLD from the disaster that insanity
caused.
It is a titanic task, and it will keep the world's
economy employed for many years to come.
I hope the world enjoys this boom. God knows humanity
has paid enough for it.
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