From today’s Washington Post:

In a move sure to increase pressure on Greece’s flailing banks, the European Central Bank (ECB) on Monday decided not to expand an emergency assistance program, raising fears that Greece could soon go completely bankrupt.

The move put a swift crimp on Greek leaders’ jubilation after winning a landslide endorsement from their citizens to reject Europe’s austerity demands and seek a new bailout bargain. Now they must seek a bargain before the money runs out within days, which would likely force them off the euro.

Greek bank heads had said that banks could run out of cash as soon as Tuesday if the European Central Bank (ECB) held firm against them. If the banks fail, it would bring Greece’s economy to a halt, raising the risk of a humanitarian crisis if citizens lost access to food and medicine. …

A senior Greek banking official said after the announcement that Greek banks had been provided with enough money to last until Wednesday evening.

Friedrich von Hayek on why socialism must always fail:

Yet another socialist state – Greece – finds itself insolvent. When will they ever learn?

Quotations from Socialism: An Economic and Sociological Analysis, by Ludwig von Mises –

Wherever Europeans or the descendants of European emigrants live, we see Socialism at work to-day; and in Asia it is the banner round which the antagonists of European civilization gather. If the intellectual dominance of Socialism remains unshaken, then in a short time the whole co-operative system of culture which Europe has built up during thousands of years will be shattered. For a socialist order of society is unrealizable. All efforts to realize Socialism lead only to the destruction of society. Factories, mines, and railways will come to a standstill, towns will be deserted. The population of the industrial territories will die out or migrate elsewhere. The farmer will return to the self-sufficiency of the closed, domestic economy. Without private ownership in the means of production there is, in the long run, no production other than a hand-to-mouth production for one’s own needs.

All rational action is economic. All economic activity is rational action. All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.

*

The average man is both better informed and less corruptible in the decisions he makes as a consumer than as a voter at political elections.

*

When we call a capitalist society a consumers’ democracy we mean that the power to dispose of the means of production, which belongs to the entrepreneurs and capitalists, can only be acquired by means of the consumers’ ballot, held daily in the market-place. 

Hear, Oh Greece! And Bernie Sanders fans! And Pope Francis!

Margaret the Great on the virtue of inequality and the vice of egalitarian thinking:

In  higher education today, sustainability is an ideology — not a proposition to be discussed, but a baseline assumption to be taken on authority. Dissent is harshly suppressed. Scientists who question climate change, for example, are branded 21st-century heretics. In the classroom, this doctrinaire approach undermines open inquiry and rational debate — the heart of liberal education’s mission.

We quote from an important article by Katherine Kersten at the Center of American Experiment. (We found it via PowerLine, where it is reproduced in full by Scott Johnson.)

Campus Sustainability: Going Green is Just Part of the Plot

It’s the new religion, and it’s the new home of the entire liberal agenda.

Sustainability now permeates campuses from the classroom to the dorm, dining hall, faculty lounge, physical plant and alumni office. …

Sustainability, it turns out, is the new battle cry in an old war. It’s a wraparound concept that links the old, familiar liberal causes of environmental activism, animosity toward free markets, and a progressive take on “social justice”.

But it repackages them and lends them urgency by maintaining that embrace of its ideological agenda is imperative to avoid a looming ecological and social catastrophe. …

The campus sustainability movement’s mission is to transform our fundamental social, economic and political institutions, and to do so by manipulating, cajoling and browbeating a generation of college students into accepting the movement’s worldview and cultural norms. …

Sustainability is not an academic discipline but an ideological “lens” through which to view all of life, as the report makes clear. Today, 475 colleges in 65 states or Canadian provinces offer a total of 1,436 degree or certificate programs in sustainability, according to the Association for the Advancement of Sustainability in Higher Education. In addition, there are countless elective classes. Cornell University offers more than 400, ranging from “The Ethics of Eating” (“defend” or change your eating habits) to “Magnifying Small Spaces Studio,” where students learn to make do living in tiny spaces.

Beyond the classroom, students are pressured — often by paid student “eco-reps” — to conform the smallest details of their daily lives to the movement’s norms. This can mean tray-less cafeteria dining; shorter showers; “Meatless Mondays”; lectures on fossil fuel divestment; and films like “Food, Inc.” or “The Story of Bottled Water”, which depict the American economy as a tool of greedy, ruthless capitalists.

How is the sustainability movement playing out on Minnesota campuses? St. John’s University in Collegeville offers an example. SJU is committed to “incorporating the goals of sustainability into every aspect of life” and focusing students’ attention on the “triple bottom line: equity, economy and the environment.”

The university — which boasts of becoming “carbon-neutral” by 2035 by conserving, changing energy sources, and investing in alternative energy and carbon offsets — offers courses like “Food, Gender and Environment”; has two “eco-houses” for student living; distributes the “SJU Green Guide,” and employs 10 full-time equivalents for diversity and equity coordination.

SJU’s sustainability push begins at freshman orientation, where students use “corn utensils and recyclable plates” during meals. All freshmen and seniors take a Sustainability Literacy Assessment, so the school can measure how effectively its saturation campaign is changing students’ beliefs and attitudes. …

The University of Minnesota’s Twin Cities campus also bombards students with preachy exhortations on the gospel of sustainability. These include politically correct invocations about biking, transit, recycling and composting, and a “Welcome Week” during which every student has “the chance to engage with … hands-on learning activities and … to win prizes all while learning about sustainability.”

The U earns special “points” from a national sustainability rating organization because it provides “gender neutral housing” for “transgender and transitioning students” … as well as single-race housing for black men, Hmong students and other minorities.

The university’s Sustainability Studies office emphasizes the “heavy intersection” between “the issues of race relations and sustainability”. During last year’s riots in Ferguson, Mo., the office posted online resources demonstrating how “white folk can show support against police brutality,” and encouraged students to donate to “The Organization for Black Struggle” — fighting “the racist police state in Ferguson” — to help protesters with “basic needs, including food, water, gas masks and school supplies.” …

“Sustainability” is a doctrine – apodictic, unquestionable, like the doctrines of all religions:

In teaching and scientific research, it “shuts out certain questions and locks in certain answers”, as the NAS puts it. In decisionmaking about energy use and physical plant, it discourages honest analysis of costs and benefits.

In at least one university, devotees have to swear allegiance to the church and its teaching:

The movement’s “salute-and-shut-up” mind-set is reflected in the sustainability oath that students and employees at the University of Virginia are asked to take on matriculation and at graduation:

“I pledge to consider the social, economic and environmental impacts of my habits and to explore ways to foster a sustainable environment during my time here at U.Va. and beyond.”

The authoritarian impulse is also evident in the movement’s public-policy agenda. Its leaders call for vastly increasing state control over people and resources, and conferring power on government planners to distribute wealth and opportunity on the basis of skin color and socioeconomic status.

This sacrifice of individual economic, political and intellectual liberty is regarded as “the price that must be paid now to ensure the welfare of future generations”, as the NAS [National Association of Scholars] observes.

Why are students attracted to the sustainability movement?

Answer: Romanticism: the fear of reality that sustains religious faith and all utopian dreams of transforming the world nearer to the dreamer’s desire:

Its appeal springs, in large measure, from its quasi-religious nature and message. In our increasingly secular age, a focus on transcendent meaning has largely vanished from campus. Sustainability can fill the resulting vacuum by offering young people a sense of purpose and meaning.

“Like its predecessor movements that excited student passions,” sustainability “invokes moralistic duties to repair and restructure the Earth”,  explains the NAS. It “rewards its followers with a sense of belonging to a community of the enlightened few, and endows the smallest actions with meaning and significance”. Recycling a plastic cup, for example, becomes “a noble sacrifice rewarded with laurels” that “contributes inexorably” toward saving the planet.

The Church of Sustainability derives many of its major themes from Judeo-Christianity. It teaches that the Earth — once a pristine Eden — is now fallen and polluted because of human sinfulness, and that an apocalyptic Judgment Day looms unless mankind repents. Absolution and salvation are possible if humans heed the enlightened saints and prophets who warn us of impending doom.

It is a fast growing religion:

As sustainability spreads beyond the campus, we increasingly see it touted in coffee shops, celebrated by major corporations and embraced by urban planners. For example, it’s the ideology driving “Thrive MSP 2040″, the Metropolitan Council’s new 30-year plan for development in the Twin Cities region, with its pervasive themes of top-down planning and rule by “experts”.

“Experts” are the new priesthood.

It’s ironic that college campuses are home base for the sustainability movement. For higher education is among the least sustainable of our contemporary institutions. Colleges and universities are caught in a death spiral of rising costs and declining benefits. Nevertheless, they obsess about recyclable napkins, solar panels and fossil-fuel divestment, and pour $3.2 billion annually — frequently without assessing effectiveness — into achieving their dreams of sustainability, according to the NAS.

Today, colleges and universities are charging students huge, unsustainable sums — often upward of $50,000 a year — for the privilege of (among other things) living out an elite, politically correct fad. Many emerge with a crushing load of debt, at a time when, as the NAS points out, more than 50 percent of recent graduates are either unemployed or underemployed.

For these young people, there’s no better guarantee of an unsustainable future.

Can this be true?

The Saudi multi-millionaire media tycoon, prince Talal Bin Waleed, has urged all Arab nations to give up their acrimonious stance toward the Jewish nation and instead continue to strive for a more peaceful, prosperous and homogenous Middle-East.

The controversial Saudi prince Talal has openly declared his intention to embark on a seven-day pilgrimage to the Holy Land and pray in Al-Aqsa Mosque — the third holiest site in Islam located in the Old City of Jerusalem, reported Okaz , the Arabic Saudi Arabian daily on Thursday.

All my Muslim brothers and sisters must understand that it became a moral imperative for all inhabitants of war-torn Middle-East, namely Arabs, to desist their absurd hostility toward Jewish people.

My sovereign, King Salman has instructed me to open a direct dialogue with Israel’s intellectuals building amicable ties with our Israeli neighbors.

I was always candid regarding the utmost necessity of quelling the growing waves of anti-Semitism in our volatile region, and I shall remain lavish in my praise to Israel as the sole democratic entity in one the most tyrannical parts in the entire world.

Saying that his voyage might be the harbinger of peace and fraternity, the Saudi Prince emphasized developing the nascent military and intelligence co-operation with Tel Aviv [correction: Jerusalem – ed].

Fifty-six men signed the Declaration of Independence. It cost many of them everything they had. They paid it willingly.

Noah Rothman writes (in part) at Commentary:

As most of the nation is preparing to celebrate the 239th anniversary of its founding, the left is going about producing self-affirmations and reinforcing its narcissistic prejudices. …

In keeping with this president’s desire to see every holiday politicized and to foist upon exhausted families one of his true believers who will ceaselessly proselytize in favor of the president’s policies, the administration asked its devotees to praise and promote the Affordable Care Act over the Fourth of July weekend. In a blog post, the Department of Health and Human Services provided administration supporters a script that they can recite for the unbelievers in their midst. “With greater access to affordable, quality health insurance, the Affordable Care Act is helping individuals and strengthening our economy!” HHS invited its backers to exclaim,  “Now would you like more corn?” …

At a time when Americans should be reflecting on the sacrifices of the Founders and those subsequent generations who sacrificed so much to preserve freedom and self-determination, the administration’s narcissists prefer that you revel in their own accomplishments. This sentiment is of a kind with that expressed by first lady Michelle Obama who remarked that she had never been prouder of the United States than when it appeared set to elect her husband to the presidency. Rather than reflect on the sacrifices of those Americans who toiled so that we might enjoy our present comfort and security, those like Matthews, the first lady, and this administration prefer the reflection in the mirror.

Most Americans still know that the Founders who pledged their lives, their fortunes, and their sacred honor were not merely penning a frat house oath; in revolt against the Crown, those things were truly in the balance. Most Americans do not pine for the legislative efficiency of dictatorial government; they have voted for a divided Washington consistently since 2010, and only the most arrogant would contend that the voters simply don’t know what they want.

Though in sympathy with the author’s drift, and being perplexed rather than arrogant, we ask – as an open, not a rhetorical question – what do they want?

Barak Obama was twice elected president of the United States. He has made America poorer, weaker, less free, less secure, much less respected, much more divided, even worse educated – in short, declining.

Was that what those who voted for him wanted?

In the year and a half remaining to him as president, he will do what he can to accelerate the decline: more debt, more poverty, more constraint, more terrorism, more empowerment of Islam, more concessions to enemies and betrayals of allies, more race-hustling, more indoctrination, more deception …

Now, who would like more … ?

Should these people have the vote? (Only the visiting foreigner knows what Americans celebrate on the 4th of July.)

The Left habitually re-writes history – because its own history is appalling. It should not be allowed to get away with it.

Statement of DNC Chair Rep. Debbie Wasserman Schultz

June 22, 2015

For decades community leaders in South Carolina – and across the country – have been calling to get rid of this symbol of hatred, and action has been long overdue. But this is just the beginning of a conversation we as a society need to have about race, bigotry and violence in this country – not the end of one.

Jeffrey Lord writes an open letter in reply, posted at the American Spectator. We quote most of it:

Dear Congresswoman Wasserman Schultz:

I note with interest [your] statement … with regard to the controversy over the flying of the Confederate flag on the grounds of the South Carolina State Capitol.

Good enough. It’s good to know you wish to begin this conversation and I am happy to oblige. Let me begin with this question:

Will the Democratic Party finally apologize for supporting slavery, segregation, lynching, and the Ku Klux Klan?

Let me recall these lines from some of your party platforms.

From your 1840 platform:

Resolved, That congress has no power, under the constitution, to interfere with or control the domestic institutions of the several states, and that such states are the sole and proper judges of everything appertaining to their own affairs, not prohibited by the constitution; that all efforts by abolitionists or others, made to induce congress to interfere with questions of slavery, or to take incipient steps in relation thereto, are calculated to lead to the most alarming and dangerous consequences, and that all such efforts have an inevitable tendency to diminish the happiness of the people, and endanger the stability and permanency of the union, and ought not to be countenanced by any friend to our political institutions.

And again in your 1844 platform:

That Congress has no power, under the Constitution, to interfere with or control the domestic institutions of the several States; and that such States are the sole and proper judges of everything pertaining to their own affairs, not prohibited by the Constitution; that all efforts, by abolitionists or others, made to induce Congress to interfere with questions of slavery, or to take incipient steps in relation thereto, are calculated to lead to the most alarming and dangerous consequences, and that all such efforts have an inevitable tendency to diminish the happiness of the people and endanger the stability and permanency of the Union, and ought not to be countenanced by any friend to our Political Institutions.

This staunch support for slavery — not to mention the unsubtle threat that accompanied it (there would be “alarming and dangerous consequences” if serious attempts to abolish it were made) is repeated again in your party platforms of 1848 and 1852.

By 1856, your party’s support of slavery was expanded in your newest platform, with several additional sections added including vowing: “That the Democratic party will resist all attempts at renewing, in Congress or out of it, the agitation of the slavery question under whatever shape or color the attempt may be made.”

In 1860 your platform said: “Resolved, That the Democratic party will abide by the decision of the Supreme Court of the United States upon these questions of Constitutional law.” This was, in fact, an endorsement of the infamous Dred Scott decision by the Court, a decision which legal scholars say was designed to write slavery into the Constitution. And your party approved of it.

As the Civil War was ending your party opposed the passage of the Thirteenth Amendment — which ended slavery. Among those who opposed ending slavery was Congressman Fernando Wood. Wood (as noted in Bruce Bartlett’s Wrong on Race: The Democratic Party’s Buried Past) was not only a member from New York, he was a former mayor of New York. Wood explained why he and the vast majority of the House Democratic Caucus — in which you now sit — opposed ending slavery.

The Almighty has fixed the distinction of the races; the Almighty has made the black man inferior, and, sir, by no legislation, by no military power, can you wipe out this distinction.…The condition of domestic servitude as existing in the southern states is the highest condition of which the African race is capable…

Likewise your party opposed not only the Fourteenth and Fifteenth amendments that gave legal rights to African-Americans as well as the right to vote, your party supporters banded together to form the Ku Klux Klan. The Klan being described by University of North Carolina historian Allen Trelease as the “terrorist arm of the Democratic Party,” while historian Eric Foner of Columbia University calls the Klan “a military force serving the interests of the Democratic Party.”

For decades your party gave free rein to the Klan and its rabid, racist violence. In 1924 the Klan ran your Democratic Convention in New York’s Madison Square Garden, known to history as the “Klan bake” convention. Time and time and time again your party selected Klan members to represent it in the U.S. Senate and the U.S. House as well as state governorships and all manner of local officials.

Your party used this support to win the congressional power that passed everything from the creation of the Federal Reserve to Social Security. One of the latter’s notable supporters, in fact, was Mississippi’s Senator Theodore Bilbo, a proud supporter of Social Security who boasted of his membership in the Klan.

One troubling sign of just how close was your party’s relationship with the Klan was President Franklin Roosevelt’s appointment of Alabama’s liberal New Deal Senator Hugo Black to the Supreme Court. Black held a “golden passport” — aka a lifetime membership in the Klan. Decades later, in 1968, Justice Black wrote:

President Roosevelt… told me there was no reason for my worrying about my having been a member of the Ku Klux Klan. He said some of his best friends and supporters he had in the state of Georgia were among members of the organization. He never in any way, by word or attitude, indicated any doubt about my having been in the Klan nor did he indicate any criticism of me for having been a member of that organization.

Black was far from alone with his Klan connections in your party. The notorious Eugene “Bull” Connor, the Birmingham, Alabama Public Safety Commissioner who unleashed both police dogs and fire hoses on civil rights protesters in 1963, was both a Klan member and a member of your Democratic National Committee. There isn’t enough space to list the elected leaders of your party who served under the hoods of the Klan and supported the savage violence inflicted on black Americans for decades.

From the rabidly segregationist President Woodrow Wilson (who showcased the pro-Klan Birth of a Nation film in the White House and also made certain his segregationist and progressive Secretary of the Navy Josephus Daniels segregated the Navy) to other prominent Democrats, your party has been the home of those who use race to win elections and make public policy. Senators with names like South Carolina’s James F. Byrnes (also an FDR Court appointee and Truman’s Secretary of State) or Georgia’s powerful Richard Russell …  were typical of the honored roles bestowed on the rawest of racists by your party. …

The real damage done by your party with its culture of race and violence has been to create exactly the climate in which the Dylann Roofs of America feel they can operate. Note well that the roommate of the Charleston killer said that Roof was a “segregationist” — which is to say he was precisely emulating the culture that your party has spent two centuries creating and celebrating.

Isn’t it time for your party to finally apologize for all of this horrendous behavior that your party is directly responsible for? Isn’t it time for the Democratic Party to finally own up and apologize to black Americans?

Generally we think it rather foolish for people living now to apologize for what past generations did, but in this case an apology would at least be an acknowledgment of guilt. Our experience is that when Democrats are reminded of their past as slavery supporters, they insist the Party changed so completely that the present one has no connection whatsoever with what the old Party did. Yet they also like to say they are the oldest political party in the world – which implies there was no break. Oh well – the Left never minds contradicting itself. It has no sense of hypocrisy. It has no shame.

Suddenly there is much talk about removing Confederate flags from this or that state capitol where politicians of your party — like South Carolina’s then-governor Ernest “Fritz” Hollings — placed them in the first place. Now talk is abroad about removing statues of “Confederates” — meaning prominent Democrats — from the U.S. Capitol and some state capitols. The statue of Democrat Jefferson Davis — the ex-president of the Confederacy who also served as a Democratic Congressman, U.S. Senator, and Secretary of War in a Democratic administration — has been mentioned for possible removal from its place in Kentucky’s state capitol.

Interesting. A growing mass call to remove the names of one prominent Democrat after another from the public square. One has to ask? Is it time to rename the Woodrow Wilson Bridge that crosses the Potomac from Virginia to Washington, the latter a majority black city? If so, may I suggest the name of Hiram Rhodes Revels, the first black U.S. Senator — in 1870? Oh yes, Senator Revels was also a Republican.

Calls for slavery “reparations” are occasionally heard. And in the spirit of Charleston perhaps the question should be asked directly of you as Chair of the Democratic Party.

Will the Democratic Party itself pay reparations to black Americans? Reparations for those party platforms that supported slavery? Not to mention for passing all those segregationist laws that were deliberately designed to evade the 14th and 15th amendments of the Constitution? Reparations for using the Ku Klux Klan as the “terrorist arm of the Democratic Party” — with that terror directly targeting black Americans?

We are not for the paying of reparations to people who live now and suffered no injury. No reparation is possible to the dead. But if these questions make Democrats squirm, let them be asked!

You, Congresswoman Wasserman Schultz, along with President Obama and former Secretary Clinton, talk of what happened in Charleston by mentioning the need to discuss “race bigotry and violence” (you), or saying of racism that “societies don’t, overnight, completely erase everything that happened 200 to 300 years prior” (President Obama) or calling the Charleston attack “an act of racist terror” (Secretary Clinton). But somehow you never get around to saying just who was doing all of this — your political party. The Democrats.

In fact, as I noted in 2008, the Democratic National Committee — on the eve of the Obama nomination — went out of its way to deliberately erase a full fifty years of Democratic Party history from the official DNC website. What was erased? All reference to your party’s role in slavery, segregation, lynching, and the rest. Those platforms that supported slavery, mentioned above? The number of Democrats who occupied the White House while owning slaves? The platforms that supported segregation — and the Democratic presidents, senators, governors and more who supported segregation? The tie between Democrats and the Klan? All of this and more was simply gone from your website — deliberately and willfully hidden from voters while trying to leave the impression that your party was a historically enthusiastic supporter of civil rights. Which, to understate, is not true.

Amid all the tragedy of Charleston, I would suggest that it is finally time for the Democratic Party — the party you chair — to come forward and admit its role in this long-running national horror. It’s time — way, way past time — for an apology. An apology directly from the leaders of the Democratic Party to black Americans, not to mention the rest of the country, for what your party has done.

And instead of raising all those millions for the next election? How about raising some millions from all your rich donors to pay black Americans for the damage you have done to them since the inception of your slavery/segregation and race-based party in 1800?

Damage that has now, yet again, brought violence and tragedy from someone inspired by your ugly history. It would seem, at a minimum, that now is the time to apologize for — instead of ignore or hide — that history.