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Friedman of the NYT Mumbles about the Real Generation X. He Stares into the Abyss and Sees Himself.

Friedman of the NYT Mumbles about the Real Generation X. He Stares into the Abyss and Sees Himself.

The New York Times—aka the Walter Duranty Papers[1]has an all-embracing and tortuous history of apologizing for Communism, propping up losers, celebrating AIDS along with the perverted practices that spread this horror, and culminating with  its never ending pursuit of higher and higher and higher taxes.  The Times has never retreated from its pathological contempt for capitalism. The Times has also relentlessly praised any leftist parasite or pervert who will openly parade their dishonor in our now degenerated society.  Today, as the economy starts to sag, the Times appears to wax whimsical and wonder how history will view us.  Their Resident EcoNazi[2][3], now dreams of future times when our young will write our epitaph using leftist ideology.

 

 What I’ve been thinking about actually is this: What book will our kids write about us? “The Greediest Generation?” “The Complacent Generation?” Or maybe: “The Subprime Generation: How My Parents Bailed Themselves Out for Their Excesses by Charging It All on My Visa Card.”[4]-- The Real Generation X  By Thomas L. Friedman Op-Ed Columnist December 7, 2008  [Emphasis is mine in all quotes.]This link references all quotes in this essay unless otherwise stated.

 My view on this will be that there will be no single generational labels here. We are divided and one half is going to be seen as the goats and the others will those whose successful methods and business mechanisms were undermined by idiots like this author. The EcoNazis will attempt to bring down our economy with fables and fears about global warming and other follies. They fail by themselves to do anything meaningful without our money so they need a sugar daddy to provide them with comforts and drugs.

Our kids should be so much more radical than they are today. I understand why they aren’t. They’re so worried about just getting a job or paying next semester’s tuition. But we must not take their quietism as license to do whatever we want with this bailout cash. They are going to have to pay this money back. And therefore, we have an incredibly weighty obligation to make sure that we not only spend every stimulus dollar wisely but also with an eye to creating new technologies.”-- Friedman Op-Ed Columnist December 7

There are two things wrong with this: [1] They may have to pay back nothing if hyperinflation hits and [2] spending will solve nothing in the first phase of this mess, which is deflation based due to housing prices falling. People need to seriously study the Bernanke Speech of 6 years ago on deflation as the English and others are doing now. The reversal of the contraction of the credit system will take time.

Ambrose Evans-Pritchard quotes Bernanke:

The US government has a technology, called a printing press, that allows it to produce as many US dollars as it wishes at essentially no cost,” he [Bernanke] said.”[5]--Deflation virus is moving the policy test beyond the 1930s extremes. By Ambrose Evans-Pritchard, International Business Editor Telegraph 06 Dec 2008

 

Friedman mumbles and honks about minutia while missing the giant point: we are in a severe deflationary period.  We need to study Evans-Pritchard’s latest article in the Telegraph.

Friedman gurgles on about technology that will ‘save’ us:

“[Topic: Bail out Detroit] You want my tax dollars? Then I want to see the precise production plans and timetables for the hybridization of all your cars and trucks within 36 months. I want every bailed-out car company to move to hybrid electric drive trains, because nothing would both improve mileage and emissions more — and also stimulate a whole new 21st-century, job-creating industry: batteries.

Big batteries that can store electricity for transportation and wind and solar generation are the indispensable enablers of the Energy Internet of the future. Any Detroit bailout has to serve that goal.”-- Friedman Op-Ed Columnist December 7.

He wants? I want an explanation for where my tax dollars went for the Great Society, HUD, War on Poverty, Welfare and much more.

So, here we have some EcoNazi Fruit Loop who thinks he can read a business plan and has already micromanaged the design of future cars based on the myth of Global Warming. Friedman looks into the abyss and sees his own horrors that he handily constructs from ideological fluff and phony science and then he views the enlightening solution to the problems also staring back at him. This is a class piece of cretinic logic. He begins his drooling session by postulating the existence of something we don’t have yet and, after a mere 50 years of research, probably will never have: a big efficient battery.

Friedman drifts off into space and fails to enlighten us that the Chevy Volt battery can only allow a 40-mile driving.[6] He then fails to let us know that about 80% of all electricity is coal fired so after the transmission loses and such we are just inefficiently burning coal and are also limited to short hops. That implies that to avoid using the dreaded gas there would have to be charging stations in all the shopping centers and schools and such. If you commute 50 miles to work you will have to charge up in the middle of the trip or use gas with prohibitive taxes per gallon. How many times do you have to charge on a 500 mile trip? How much time will that take? 10 hours? 20 hours?

Europe, Japan and China are already dominating this[battery]  industry. It’s the key to clean-tech — and ultimately our national competitiveness. We can’t allow ourselves to be battery importers in the 21st century the way we were oil importers in the 20th.”-- Friedman Op-Ed Columnist December 7

And, to this we add Carbon Cap[7]taxes endeared to the hearts of losers like Princeling of Wails[8], and other ‘clean and green’ taxes while we let our oil sit in the ground on the phony fear that we are raising the temperature of the planet. Our energy comes from the sun and variations in the nuclear engine of that orb cause temperature variations. England’s economy will collapse over their decision to reduce CO2 emissions, and rightly so. CA and NY are already collapsing from phony social programs, foolish jobs and substandard ‘education’--all self-inflicted. It is too bad we cannot study and broadcast the details of one of these crashes come early on that might alarm and jolt us into reality and let us focus in on the real problems. Everybody does not deserve to lose here. Just let the left lose, as is customary for them.

With Congress running Detroit we may get our chance to witness an economic disaster for a mere 75 billion dollars. [That is about $16 x 75 or $1200 for each tax payer in the upper half.] The auto makers cannot meet the C.A.F.E. standards and have no magic batteries. They will then bawl and crawl back to congress for another bottle of milk.  Congress will spend and spend and print money to give them our money and sustain 90$ per hour union wages that they were bribed for. This is socialism. We will return to the Depression Era with such phony jobs as raking leaves in the forests.

Let us not forget that when the USSR collapsed in 1989 the Marxists went green. Friedman is probably the best candidate for the Lysenko Prize.

rycK

 

Comments: ryckki@gmail.com

 



[1] In honor of that celebrated Communist stooge and liar and winner of the Pulitzer Prize for the NYT. The color RED is used in my essays in honor of Walter Duranty, a saint, if there could be one, in the Marxist Archives of Honor.

[4]The Real Generation X  By Thomas L. Friedman Op-Ed Columnist December 7, 2008  http://www.nytimes.com/2008/12/07/opinion/07friedman.html?_r=1 [Emphasis is mine in all quotes.]This link references all quotes in this essay unless otherwise stated.

[5] Deflation virus is moving the policy test beyond the 1930s extremes. By Ambrose Evans-Pritchard, International Business Editor Last Updated: 10:13PM GMT 06 Dec 2008 http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/3629806/Deflation-virus-is-moving-the-policy-test-beyond-the-1930s-extremes.html

[6] “Unlike traditional electric cars, Chevy Volt has a revolutionary propulsion system that takes you beyond the power of the battery. It will use a lithium-ion battery with a gasoline-powered, range-extending engine that drives a generator to provide electric power when you drive beyond the 40-mile battery range.” http://www.chevrolet.com/electriccar/

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