Wednesday, April 1, 2009

Debunking some blog stupidities

This economic crisis is so very easy to understand and everyone of us with brains already know why it happen, what is going on now and pretty much also were it goes from here, I almost feel like a prophet. But I thought it would be fun to check out what some of my fellow bloggers is writing on the subject. I already did know beforehand that it will be fun but it is hard to believe these people even figured out how to use a computer. I choice to stop by one of the biggest newspapers in Sweden, Svenska Dagbladet (SvD) and read on of the larger articles about the financial crisis and then follow the trace out in cyber space in search for the bloggers writing about that particular article. Briefly about the article: It is talking about companies as our only source of getting people into work and is in a subtle way defending the Swedish Government that so far don’t listen to the left wing screams about bailouts. Most of it is translated from Swedish so with a minor clause for some errors this is what I found among the bloggers writing about this article:

My first stop is with someone calling themselves “Radar”. This one is writing a lot of crap, seemingly being some kind of back-to-nature freak, so I will just pick my favourite part and translate it:

“Something* (*meaning: “country”) growing with 5% each year is almost twice the size after 14 years. Many economies have grown more than that several years running.(…) It is not that hard to understand that this is an impossibility in many ways.”

Here we have a perfect example of someone being taught about economy in a public school, by a government curriculum and by left wing teachers. First of all, growth counted as GDP, is a very volatile way of measuring things. Even if there is supposed to be some general guidelines, countries do measure this in different ways. This because of the taxes being different and things like weather (heavy snowfall for instance) might have an impact of the result. And some countries even use their own way of counting. Second GDP is supposed to take inflation into account, but this is not always the case. GDP = (Total money value of goods and services changing hands) MINUS (Inflation). But most importantly this measurement doesn’t necessary count were the money comes from. In other words if people and the government start borrowing lots of money or get finacial aid from WTO, this will show up in GDP as a plus but the downside – the debt – does not show, at least not at the start.

Then I end up with some jj.N character who claims to be twisted towards the left in politics. Nah? This 40 year old says we need to start addressing the problem with the income difference between the “rich” and the “poor”. I don’t really know how he feels this “debate” is going to solve the financial problems, but I guess he is advocating the use of Marxist solutions with death camps for those with “to much money”. But anyway he then writes something interesting:

“Privatisation is more expensive* (*then public solutions) for the taxpayers in several cases”

Really? This one does not specify or give any examples, so I’m guessing he is just writing something from a communist pamphlet. I don’t know of any case from the entire history of mankind, but communists “truth” is what it is.

Then we have: Lennart Högberg, an intellectual Neanderthal “screaming” with lots of exclamation signs in his text and he is basically saying that the Swedish government isn’t doing anything. Like most other people on this planet with IQ levels below their shoe size he wants politicians to do stuff. And the real stupidity shows when he wants them to bail out city councils and different parts of the country were politicians have squandered and wasted more money then in other parts. I don’t know how much money we are talking about here, but tens of billion is reasonable amount as it seems. This one will probably tax some people in the country and than give the same people back their money thru the state and considered this as “helping”. Or maybe he wants to borrow or print the money? Anyways he is counting up one county after the other with their minuses without reflecting even once why which is kind of fun in a watching-a-ape-scratch-himself kind of a way.

But then, to top it all off we have one who is called “Ett hjärta rött” (=A read heart). This person – I supposed it is one – is advocating big, huge, gargantuan spending and is quoting some idiot economist (Paul Krugman ) that so far have missed exactly everything he has said before, but somehow now is the oracle this inbred “heart” person looks to for advice. Oh, he is crying and moaning about the Swedish government (that is one of the very few in the world doing the right thing) and he too wants them to “do stuff”. Spend, borrow, spend, print, spend, borrow some more, spend and so on. Basically one way ticket to hell.

This wasn’t as fun as I thought it would be though. Sure almost all of them is talking about socialist solutions to socialist problems, but that’s kind of old. When are you going to support those coming dictators and start using violence? I know there are demonstrations and so forth, but I’m talking about the next level were people like these ones really show their true savagery. First time I wrote something about this coming economical disaster, about 10 years ago, I predicted that the monkeys would go berserk and since I’m feeling a bit prophetic today, don’t disappoint me.

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