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Letters by a modern St. Ferdinand III about cults

Gab@StFerdinandIII -

Plenty of cults exist - every cult has its 'religious dogma', its idols, its 'prophets', its 'science', its 'proof' and its intolerant liturgy of demands.  Cults everywhere:  Corona, 'The Science' or Scientism, Islam, the State, the cult of Gender Fascism, Marxism, Darwin and Evolution, Globaloneywarming, Changing Climate, Abortion...

Tempus Fugit Memento Mori - Time Flies Remember Death 

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Friday, September 9, 2011

Obamism and the failure of the Keynes model

Witchcraft and wilful blindness.

by StFerdIII

Obama's save his own job speech, September 8 2011:
"We shall fight and reduce the payroll tax, We shall fight the millionaires and the jet owners, We shall fight on the extension of the Socialist state and unfettered government power, We shall for the unions...We shall never surrender."
For many the greatest speech in history no doubt. The Obama cult are still fainting and genuflecting over every inflection and flourish. The 'one' the 'ilah', the new God hath spake. Fall to your knees and humiliate yourself.

Keynesianism, which is a cult theology, has never had any basis in fact, science, rationality or economic intelligence. It is pre-19th century claptrap from a tweed wearing homosexual, who tantalized his devotees with abstractions, symbols and archaic equations, simpleton graphs and magical charts. It is absurd that universities still teach this witchcraft as economic science – 'settled' science that is.

Enter the Great Man Obama. No one listens to his speeches anymore, devoid of meaning and substance and as full of nonsense as they are. His rhetoric is all about him. And what 'he' will do to achieve this or that technocratic goal – all for the good of the children and our Earth Mother, not to mention unions, government bureaucrats, the 50% who pay no income tax and the financiers of his campaigns on Wall Street. Like Keynesianism, Obamism is simpleton recipes invoking the 'morality' of big government to manage everything and solution every supposed ill. Obamism like all cult and communal projects is just plain dumb.

Foster in the National Post:

The Keynesian economic paradigm is that free economic markets are profoundly and fundamentally flawed, and that government regulation, redistribution and macromanagement create both a more fair society and more stable growth. The great rival theory is that of the Austrian School, conceived by Ludwig von Mises and Friedrich Hayek. This maintains — returning to a Smithian perspective — that the market is a naturally evolving institution, and that far from evening out cycles or promoting growth, government macromanagement and monetary manipulation in fact create and exaggerate fluctuations, thus retarding job and wealth creation.

Just as carbon-dioxide theory dominates “official” climate science, so Keynesian theory dominates “official” economic policy. These theories are fiercely defended for the same reason that the geocentric universe and biblical creation were supported by “the authorities;” without them, their authority and power would disappear......

The reason that Austrian economics has traditionally been rejected by governments is that it gives them less scope for action. One leading question is how it has been possible for Keynesianism to have held sway if it does not correspond with the way the world works. The simple answer goes back to the fact that people have no natural economic understanding, and are inclined to subscribe to theories of powerful personal or institutional agency: Obama/the EU/the IMF/the G20/central bankers will save us. All it requires is leadership, “bold” action, and political will.

As Bertrand Russell noted, just because the mass believes in an ideology does not make it rational or correct. GlobaloneyWarming, Keynesianism, UN transnational governance, Islam is Peace, Obama is a God, European Socialism is wonderful....all are irrational beliefs premised on a neo-pagan desire for fulfilment, meaning and purpose. That does not make them sensible or relevant. Keynesianism, like public unionism needs to be abolished. The economy and individuals are not chessboard pieces to be moved around at technocratic will. One would have thought that the bankruptcy of far left theologies including Nazism, Francoism, Mussolinism, Communism, Castroism, Maoism, Chavezism and European Socialism would have made that indelible and ineradicable truism clear. But apparently not. So now we have to suffer through Obamism.

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