Monday, March 9, 2009

This is a paragraph of disturbing truth (Mark Steyn)

And that was before Obama made clear that for him the economy takes a very distant back seat to the massive expansion of government for which it provides cover. That’s why he’s indifferent to the plummeting Dow. The president has made a strategic calculation that, to advance his plans for socialized health care, “green energy,” and a big-government state, it’s to his advantage for things to get worse. And, if things go from bad to worse in America, overseas they’ll go from worse to total societal collapse. We’ve already seen changes of government in Iceland and Latvia, rioting in Greece and Bulgaria. The great destabilization is starting on the fringes of Europe and working its way to the Continent’s center.
Mark Steyn takes a 12 pound, hickory handled, double face sledge hammer and nails a thumb tack dead center.

He only mentions Russia ("oligarchic industrial-scale kleptomania") as an aside to show example of Eastern Europe's fragility to economic difficulties...but they are in supreme disarray. They had resorted to arresting protestors as far back as January over something as innocuous as car tax demonstrations in a tiny port town. In short, the Kremlin is running scared of what could develop as the proverbial bread lines return.