“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

Socialist Party presidential candidate Norman Thomas


Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts

Monday, July 27, 2009

Ford survives the storm

This is great news from the one American car company who declined to accept bailout money from Obama.....

Ford Motor on Thursday posted a surprise profit of $2.26 billion for the second quarter, ending a streak of four straight quarterly losses.

In recent months, the car maker has claimed market share from its American rivals, General Motors and Chrysler, while those companies struggled to restructure their operations in bankruptcy court.

Ford executives now say the automaker is on track to return to annual profitability in 2011.


Ford's sales were buoyed by Americans refusing to buy a Government Motors(GM) or Chrysler product after they took tax-payer money to fund their continued failure as auto makers.

I've said it before and I'll say it again, I will never again purchase a GM or Chrysler product. If I buy American, it'll be a Ford precisely because it remains a competitive, private company. And I might even give Ford an extra chance to please me when I may have gone straight to Japanese before.

Monday, July 16, 2007

Capitalism feeds the world, not the U.N.

The pitiful collection of thugs, despots, dictators, and villians known as the United Nations is whining that it can't continue feed the world with the prices of food rising...

Rising prices for food have led the United Nations programme fighting famine in Africa and other regions to warn that it can no longer afford to feed the 90m people it has helped for each of the past five years on its budget.

The World Food Programme feeds people in countries including Chad, Uganda and Ethiopia, but reaches a fraction of the 850m people it estimates suffers from hunger. It spent about $600m buying food in 2006. So far, the WFP has not cut its reach because of high commodities prices, but now says it could be forced to do so unless donor countries provide extra funds.


What the UN fails to recognize is that free-market capitalism is what feeds the world. Name a single country which embraces private enterprise, the rule of law, and capitalism in which food and economic prosperity aren't abundant. The UN has been taking the generous donations of money and food from Americans and distributing it in Africa. If countries like Chad, Uganda, and Ethiopia would stop killing each other and started living like civilized human beings, they could have all the food they want. Those countries have some of the most fertile land on Earth. They could be prosperous food exporters instead of desperate, miserable, hopeless, dying refugees.

Children like this would have all the food they want if their governments would embrace American-style capitalism.

Tuesday, June 05, 2007

The power of capitalism

What a great testament to the power of free-enterprise capitalism this story is...

WARSAW (Reuters) - A 65-year-old railwayman who fell into a coma following an accident in communist Poland regained consciousness 19 years later to find democracy and a market economy, Polish media reported on Saturday.

Wheelchair-bound Jan Grzebski, whom doctors had given only two or three years to live following his 1988 accident, credited his caring wife Gertruda with his revival.

"It was Gertruda that saved me, and I'll never forget it," Grzebski told news channel TVN24.

"For 19 years Mrs Grzebska did the job of an experienced intensive care team, changing her comatose husband's position every hour to prevent bed-sore infections," Super Express reported Dr Boguslaw Poniatowski as saying.

"When I went into a coma there was only tea and vinegar in the shops, meat was rationed and huge petrol queues were everywhere," Grzebski told TVN24, describing his recollections of the communist system's economic collapse.

"Now I see people on the streets with cell phones and there are so many goods in the shops it makes my head spin."


Nothing, nothing raises the human condition like unfettered capitalism. I can only imagine the joy in this man's heart after waking up to find his country free and prosperous, after being under the oppressive, stifeling boot of communism. Cool!

Polish shoppers enjoying the fruits (and vegetables) of capitalism.