Soviet Union
Economic Depressions Don’t Exist Under Totalitarian Systems
So contends Lev Nazrozov. He writes:
Out-of-control predatory capitalists have perpetrated a worldwide economic depression. Capitalism’s degenerate character is now extraordinarily visible during this time of multiple crises.
On each side of the page there is a picture of a miserable emaciated proletarian who carries on his back a huge pack of money, with a bourgeois seated atop of the pack and smoking a cigar.
By simply allowing the government to dominate every sector of the polity, by embracing totalitarianism, we might be able to avoid the woes of economic recession? Historical study makes such a conclusion seem ridiculous. While totalitarian economies did not suffer from “depressions”, per se, one could argue that consumers and citizens lived under a system which continuously mimicked the effects of depression.
Bailing Out the Auto Industry: A Perspective
Thursday evening I posted on my Facebook profile the speech that Congressman Ron Paul gave on the House floor, opposing the auto industry bailout (the so-called “bridge loan”), along with the following comment:
“This speech on the auto bailout speaks for itself. Congressman Paul really puts it all into perspective. Were that there were more in Congress like him.”
What is America Becoming?
A few months ago, I was temporarily immersed in the recent history of Eastern Europe. I was devouring Ayn Rand’s We the Living, Michael G. Roskin’s The Rebirth of East Europe and Joe Sacco’s Safe Area Gorazde.
BBC: 1970s UK “Defenseless Against Soviets”
An interesting video reveals that during the late 1970s the United Kingdom was unprepared for any potential Soviet aggression.
US Navy Steams in Georgian Port
European press is reporting that the USS Mount Whitney, the 6th Fleet’s flagship, has docked at the Black Sea port of Pilo, Georgia - a move in the chess match of international relations considered to be a confrontational act. The port is actually garrisoned with a small number of Russian Soldiers, who while pose no potential threat to the US Mount Whitney, do increase the hostilities of the situation; this on the heels of Dick Cheney’s visit to Georgia, widely seen as a “spoking of the fires” trip. On top of this, there are allegations by the Russian Government that the US is shipping weapons into Georgia through Black Sea ports-
Russia’s leaders have accused previous US warships that docked at the port of Batumi, to the south, of delivering weapons to re-arm the smashed Georgian military — charges that Washington denied. - UK Times

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