"The Obama budget did more to help us consolidate and coalesce the business community than anything we could have done. It's opened eyes to the fact that this is about a social welfare transfer system, not about climate..." ...more here... Williamk Kovacs, US Chamber of Commerce, interviewed in the Wall Street Journal... There in a nutshell from Mr Kovacs is what global warming hysteria is about, not just in the USA but internationally. "The climate" is the excuse, the reality is an unprecedented wealth transference. The deceived Obama supporters will respond with great anger when the truth becomes evident...
...and John Key and Helen Clark hit the bigtime in the same issue...
...in the 1980s, New Zealand's government implemented a wide-ranging program of economic liberalization, including deep reductions in tariffs and subsidies, and privatization of state-run industries. The plan, nicknamed "Rogernomics" after then-Finance Minister (now Sir) Roger Douglas, was akin to Reaganomics, and the island nation grew smartly.
But while the U.S. and Australia broadly continued their economic liberalization programs under both right- and left-wing governments, New Zealand didn't -- until now. Over the past nine years, Helen Clark's left-wing Labour government rode the global economic expansion and used the revenue surge to expand government welfare programs, renationalize industries, and embrace causes like global warming. As a result, the economy stagnated while Australia took off. "We have been on a slippery slope," Mr. Key says...
...more from The Wall Street Journal here...
Monday, 9 March 2009
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