By Dr. Tim Ball
Canada Free Press, June 7, 2010
In a wonderful parody two Australian satirists put the current European and world financial situation in an appropriate Alice In Wonderland perspective.
It’s a simple situation compared to the larger, but just as foolish, plans underway with cap and trade to create global socialism. It’s almost trite to quote George Santayana’s “Those who do not remember the past are condemned to repeat it.” Invariably it is bad politics that repeats.
Secular Retribution: Pay For Your Sins
Selfishness and retribution have undermined the global economy before. Wrong-headed political decisions of the Treaty of Versailles caused economic collapse after World War I. Countries demanded reparations from Germany as part of the 14 points Woodrow Wilson drafted before the war ended. One of the most devastating parts of the Treaty was Article 231, the “War Guilt Clause.” Germany was forced to accept responsibility for starting the war and required, at French insistence, on paying massive unmanageable reparations. Reparations are defined as “making of amends for a wrong one has done, by paying money to or otherwise helping those who have been wronged.”