One life. Live it.

Thanks to Guido Fawkes, Gordon Brown smirking about his mole:

Try the “Brown Calculator” to see what Brown has achieved.

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More floundering around from Gordon Brown.

I refer readers to Hayek. Hayek argued that the failure of central planning – of course we are not in a planned economy, but Brown is the great helmsman remember – would be perceived by the public as an absence of sufficient power by the state to implement an otherwise good idea. That perception would lead the public to pass more power to the state, and would assist the rise to power of someone perceived to be capable of “getting the job done”.

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Even the prime minister’s closest allies say what has happened these past 12 months is “tragic”. It would take a Shakespeare to do justice to a story that combines the jealousy of Othello, the ambition of Macbeth and the indecision of Hamlet.

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From “Challenge to America: A Current Assessment of Our Republic” by Ron Paul:

Third Way compromise, or bipartisan cooperation, can never reconcile the differences between those who produce and those who live off others. It will only make it worse. Theft is theft, and forced redistribution of wealth is just that. The Third Way, though, can deceive and perpetuate an unworkable system when both major factions endorse the principle.

Further:

It’s important to understand how we got ourselves into this mess. The blind faith that wealth and capital can be created by the central bank’s creating money and credit out of thin air, using government debt as its collateral, along with fixing short-term interest rates, is a myth that must one day be dispelled. All the hopes of productivity increases in a dreamed-about new-era economy cannot repeal eternal economic laws.

I do recommend the article, particularly if you believe Gordon Brown can steer us through this downturn.