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Thursday, January 26, 2017

The 2017 "Davos Consensus" - More Welfare And More Warfare

“It’s a big club and you ain’t in it!”

I often think of these words, spoken by the great comedian George Carlin, when I read about the World Economic Forum meeting in Davos, Switzerland.

Every year, global elites descend on Davos to discuss the big issues of the day in a Bilderberg-like conclave. This year, George Soros was there. So was Bill Gates.

The most important world leaders go. As do CEOs of the world’s largest companies, mainstream media bigwigs, and prominent academics. Central bankers attend, too.

In short, it’s a bunch of out-of-touch, self-anointed elites meeting to hand down from above their uniformly bad “solutions” to the world’s problems. Then they pat each other on the back for all the good they’re doing.

No matter the problem, their prescription is always more welfare, more warfare, more money printing, more taxes, and of course, more centralization of power into global institutions.

Interestingly, Donald Trump has never been invited to Davos. But his many opponents surely have.

This year, former Vice President Joe Biden gave a provocative speech. He accused Russia of trying to “collapse the liberal international order.” It was basically a call to arms and only increased tensions.

Rising populism was another hot topic. The Davos crowd sees it as a huge threat.

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2 comments:

Anonymous said...

Social economists don't get it. ( or maybe they get it too much) If you keep giving free stuff to people, they become dependent on it. Just like your kids- you have to teach them the skills to do things on their own. Good parents know this. Bad parents pay the price for life, constantly bailing out their kids. Same with government. Workfare is better than welfare. Give people a little skin in the game. Like chores for your kids, Create a volunteer system for people on welfare to help our communities. Help them appreciate what they get and learn that you must learn how to work. Then, slowly ween them off, not just drop them once they start to get back on their feet.

Anonymous said...

7:38 I tried to ween myself off of cigaretts for 30 years but I kept going back,it wasn't until I quit cold turkey 15 years ago that I finally succeded. I like what the old lady in the movie Josie Wales said,If you don't work you don't eat around here.