Are European heads of state to blame for the current employment crisis in Europe? Should they all be replaced, en masse, or is there a deeper truth? To what extent do CENTRAL BANKS, which operate beyond the powers of elected executive officers, bear responsibility for unemployment? Does an electable candidate have to have a platform that seeks to reform that relationship?
“While austerity measures were introduced to ease the financial crisis by lowering public debt, they are also slowing down economies as government spending drops off. This is also pushing unemployment higher and threatening the continent with recession. Some experts urge leaders to instead loosen spending to encourage growth. This is a battle between Keynesian economics and the free market, whether increased government spending would save the economy or ultimately destroy it by replacing the free market with dependency on government.
But many European countries have completely mismanaged their budgets for continued government stimulus, which lends to the argument of free market supports that Keynesian economics is unsustainable. Greece is relying on the most recent bailout to pay its bills and creditors want to see further cuts. Spain is also cutting spending, while dealing with a revived separatist movement of the Catalan province that does not want to pay the country’s bills. Both of these countries have the eurozone’s highest unemployment rates of 25 percent apiece.”
“As candidates spent the weekend trying to catch up to Mitt Romney in New Hampshire, with the primary just two days away, a longtime supporter of Newt Gingrich donated $5 million to a “super PAC” backing his presidential bid, providing a major boost to Mr. Gingrich’s ailing campaign.
The donation by Sheldon Adelson was reported Saturday night by The Washington Post. He has long been a generous patron of Mr. Gingrich’s political career. The super PAC, Winning Our Future, was formed last month by Becky Burkett, who served until earlier last year as chief development officer for American Solutions, a political action committee that Mr. Gingrich founded. The cash infusion from Mr. Adelson instantly catapults Winning Our Future into the top ranks of candidate super PACs, groups that can raise unlimited amounts of money from donors and spend it all on advertisements and other efforts to back a specific candidate, so long as they do not coordinate with the campaign.”
Is Shelly throwing good money after bad? Casino money goes the “Family Values” guy. What’s next, Mobsters for Mitt? Pimps for Palin?
Maybe it’s not that deep. Maybe it’s no deeper than Newt’s asserted that the Palestinians are “an invented people.” I’m not sure if that’s supposed to be disparaging because I suspect that moniker could be applied to European Jews with Russian ethnic roots, “Americans,” white South Africans, or other transplanted European colonials throughout South America who’ve embraced a new world nationalism, while retaining vice-like cultural affinities with their larger “white” collectives. What’s Newt talkin’ about?
It’s just more of the same…fabrication, falsification, justification.