Thursday, February 11, 2010

Thoughts

1. Pope Benedict: Again and again, we find ourselves confronting the truth that if we try to make godlings of ourselves, our trending moralities, our reason, we do not flourish; we diminish until we disappear. The weakening of the family, the nullification of its importance, the cheapening of human life that has resulted in our thinking of children as chooseable “burdens” rather than absolute blessings worth pursuing, all of this assists in our self-suicide, until we are the merest pinpoint of light (the leftovers of what Divine Flashes of Light we have allowed) surrounded by the empty, dark “nothing” with which we have replaced God, worship, the notion of something greater than ourselves.
2. Bailing out Greece will reward over-spending politicians and make future fiscal crises more likely. In a four-year period between 2005 and 2009, Greek politicians expanded the burden of government spending from an already excessive level of 43.8 percent of GDP to an even more excessive level of 51.3 percent of GDP. Subsidies are rampant, the public sector is bloated, civil service pay is way too high, and entitlements are wildly unsustainable. A fiscal crisis – with no escape options – is probably the only hope of reversing these disastrous policies. So why, then, would it make sense for Germany and other nations to provide an escape option?
Bailing out Greece will reward greedy and short-sighted interest groups, particularly overpaid government workers. Greece is in trouble because the the people riding in society’s wagon assumed that there would always be enough chumps to pull the wagon.

3. Bailing out Greece will encourage profligacy in Spain, Italy, and other nations.

4. In my darker moments, I have sometimes warned audiences of what will happen when a majority of voters in a country or a state become dependent on government.This is what has happened to Greece, and what is soon going to happen in other European nations (and, barring reform, what will eventually happen in the United States). The irony of this situation is that even the folks riding in the wagon should favor reform. After all, a parasite needs a healthy host.

5. Vodkapundit: Every morning I wake up and read some tremendous news about how some pond-sucking incumbent is in trouble because the voters in his or her (eh, let’s just say its) district have finally woken up to the fact that they’re being represented by a pond-sucker. And then as you click through the links at Real Clear Politics or Instapundit or Drudge, you find even more good news about voter attitudes, or that the most-recent Stupid Pond-Sucking Bill is now about as popular as Extra Itchy Charmin

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