Interesting, and scary at the same time. Check this out:

quote:

The New York Sun today, interesting story on economics: "Increase Is Seen in Wealth of Autocracies."

"The Council on Foreign Relations, also known as the CFR, just released a new research report that will be shocking to many people but no surprise to full time students of conservatism. The wealth of autocratic governments is soaring and the wealth of liberal democracies is collapsing. As recently as 2003, democracies had $400 billion worth more wealth than autocracies, $600 billion to $200 billion. Today the autocratic governments have almost $1 trillion more wealth than democracy. Last year alone, autocratic assets grew 60% and democratic assets shrunk 7%. Now, this doesn't sound good, right? This just doesn't sound good. But I think maybe we could all use a little translation here. After all, what is an autocratic government and what is a liberal democracy? Well, for the purposes of this story, autocratic governments are oil producing nations and liberal democracies are wimps like us waiting for alternative energy solutions. So once again I remind you of what our liberals have yet to figure out: Autocratic governments are doing everything they can to produce more energy from existing sources. Our government's doing everything they can to prevent more energy from existing sources, and it is leading to a huge -- Boone Pickens talks about the transfer of wealth, this is a transfer of wealth. They're seizing wealth, it's not even a transfer. The autocratic oil producing nations are simply seizing it.

Last edited by The17sss on Aug-20-2008 at 01:42