Friendship and Power

Bill Buckley made you curse, then smile, then smile and curse at the same time. He was the Voice of Firing Line, and One didn’t read him, you only argued with him. He was so prolific that you had to be a librarian, just to keep track of him. One didn’t agree with him, because that was an impossibility. He knew everything about what you never wanted to know about, and explained your problems before you even knew they existed. He was the Don Quixote of American Society, and defined a Generation better than they did themselves. He was your Mentor, though more reminiscent of your Academic Advisor for a Dissertation. You wanted to put him in a hole and bury him, and you are crying now that it is finally going to happen. He was The Enemy and your Best Friend, and what a emptiness in your life now that he is gone!

Here is an article which brings a complete Opposite to the reaction to Bill Buckley. The Clintons are good people, and truly care for the outcomes which impact people, but one finds it hard to develop a real friendship with them; though the American people could easily accept another Presidency from their camp, even if it can be avoided. Could it be because they are professional politicians, or is it that their search for political support leads them into the wrong circles. Alternate Energy is overwhelmingly necessary, ethanol subsidies are more injury than value. The Clintons live among the Bottom Feeders, and the smell of backroom deals may permeate their clothing and outlook. They are on your side, and are an obvious help, and you don’t deny them; you just wish they were more circumspect.

I suppose I should return to some discussion of Economics. This article talks of the G7 Countries standing ready to maintain the stability of World markets. It also mentions the Japanese discussion of Japan’s possible creation of a Sovereign Wealth Fund. Both ideas hold many pitfalls. Government intervention in the Markets could only mean distortion of those Markets, and a Japanese Sovereign Wealth Fund would join a Group which will eventually create a super-Great Depression, as they forestall any Recession to stop their own losses until such Time as there is no reality to the Markets. Governments have never held the power to forestall Recessions, only the power to restart economies after a Recession, and their Debt loads are even eliminating this effective power. lgl