Monday, February 16, 2009


Our Government now brings us ..

On Tuesday, February 10th, Treasury Secretary Timothy Geithner outlined a comprehensive plan to restore stability to our financial system. In the address, Secretary Geithner discussed the Obama Administration’s strategy to strengthen our economy by getting credit flowing again to families and businesses, while imposing new measures and conditions to strengthen accountability, oversight and transparency in how taxpayer dollars are spent. And Secretary Geithner explained how the financial stability plan will be critical in supporting an effective and lasting economic recovery.

Stability can be another word for stasis - if you ain't growing, you're stagnating. This is true for markets, companies and countries.

Speaking of the cultural stagnation . . .

We have a culture that holds engineers and inventors in contempt and views new technologies first and foremost as threats to be mitigated. The Chinese nearly worship engineers and inventors and adopt new technologies with a reckless disregard of all but the most gross dangers.

Our intellectual class spends its time trying to generate contempt of our institutions, history and traditions and to shatter our belief in our own capabilities. China’s intellectual class spend its time creating and instilling a fierce confidence in their institutions, history and traditions and building a belief that they can accomplish anything.

The Chinese have become the lean and mean, energetic barbarians sweeping down on a fat, decadent and leaderless civilization. They have the same cowboy attitude towards technology and commerce that drove America to the top in late 1800s. They are going to do to us what we did to Europe in the pre-WWII era and for the same reason. The difference this time is that the Chinese share no cultural bond to the rest of the world as America did to Europe.

I suppose we’ll learn to adopt an attitude of superior impotence just as the Europeans have done. China will do great things while we will claim we’re too wise and mature to attempt such things.

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