Tuesday, April 1, 2008

Signs of the Collectivist Apocalypse (SOTCA)

It is obvious to anyone who reads Atlas Shrugged, that throughout it, the policies and programs undertaken by the ubiquitous Thompson government and the so called Peoples States, combined with the altruistic and nihilistic tendencies of anti-heroes like James Taggart and Wesley Mouch are leading to the final destruction of society. Indeed the book culminates in a collectivist apocalypse and the escape of the heroes and heroine to Galt’s Gulch.

Like the canary in the mineshaft I seek to warn you all that we may be looking at the same fate somewhere down the road.

So just to keep tabs on the situation I introduce a recurring theme to Uncommon Sense, a chirp here and there which I will call…

Signs of the Collectivist Apocalypse (SOTCA)

My first entry is about the US Treasury and a sweeping power grab by its new Head

The regulatory blueprint proposes eventually vesting new powers in the Federal Reserve as a "market stability regulator" -- effectively formalizing a role the central bank already has adopted recently by expanding the list of financial firms which can borrow directly.

It would give the Fed authority to demand that all financial system participants supply it with full information on their activities and grant the Fed a right to collaborate with other regulators in setting rules for their behavior.

Woosh!!! Super Finance Cop to the rescue!

Hold on a sec... Weren't these the same guys that were at least partially responsible for the sub-prime fiasco? Foxes in Hen houses anyone?


The great Cash and Cars Giveaway

Or How Dalton Made us all Pay

WINDSOR, Ont. - Ford of Canada will use a $17-million investment from the Ontario government as part of a $168-million plan to reopen the Essex engine plant in southwestern Ontario, but the company warned Monday it will not expand the project further without direct participation from the federal government.
Excellent Dalton McSquirmy throwing good money after bad, just to be threatened by the Ford company that it will all be for naught if they don't get more!!!

It's almost like he wants to be the Premier of a have not province...

2 comments:

Anonymous said...

Do you have any info on the socialism vs capitalism picture? Who drew it? When? I think its a fascinating represention of how some people view capitalism, although totally misguided of course.

Zip said...

Thanks for the post. No, actually I don't have any information on the picture but I believe it to be fairly old, possibly as old as the Great Depression.