Trump is filling the Treasury, as Bush and Clinton did, with Wall St. tycoons, and even his foreign advisor Woolsey, of the CIA is a Wall St. "banker." CIA, through the revolving door, is Wall St. since Dulles. CIA provides the muscle for the neo-libs to use "regime change" to create the crisis in which privatization can take place with a dazed and confused public.
Lessons:
1. Economic dogma has failed wherever it has been tried.
2. Austrian economists embrace bloody dictators, who can ram through their transfer of public assets to oligarchs.
3. The failure of Austrian economics is in terms of the people: the rich make out like bandits.
4. The US laissez-faire neo-con dream of Bush/Paulson (GS) led to the worst recession in 80 yrs, with free market icon Greenspan saying: "We were wrong; we thought (First Principle) that markets always self-correct. We were wrong."
Bush said it as only he could, with a kind of irony: "We had to betray free market principles to save the free-market."
Bottom line: Austrian economics embraces dictatorship to ram through its agenda, which then enriches a small elite while destroying the economy in the process. Its fundamental agenda is to TRANSFER PUBLIC WEALTH TO PRIVATE HANDS ON THE CHEAP.
The neo-con violence which put in place the current coup regime will make 1 billion by selling off IMF-mandated public assets at bargain prices, leaving 17 billion to be repaid through cutting wages, pensions, social services, teachers, etc. Mission accomplished!
Bottom line 2.0
1. Austrian economics always fails.
2. The rich get richer and the poor get poorer.
3. The basic dogma is that only free markets work and that
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