47
" ...the centrality of competitiveness as the key to growth is a recurrent EU motif. Two decades of EC directives on increasing competition in every area, from telecommunications to power generation to collateralizing wholesale funding markets for banks, all bear the same ordoliberal imprint. Similarly, the consistent focus on the periphery states’ loss of competitiveness and the need for deep wage and cost reductions therein, while the role of surplus countries in generating the crisis is utterly ignored, speaks to a deeply ordoliberal understanding of economic management. Savers, after all, cannot be sinners. Similarly, the most recent German innovation of a constitutional debt brake (Schuldenbremse) for all EU countries regardless of their business cycles or structural positions, coupled with a new rules-based fiscal treaty as the solution to the crisis, is simply an ever-tighter ordo by another name.
If states have broken the rules, the only possible policy is a diet of strict austerity to bring them back into conformity with the rules, plus automatic sanctions for those who cannot stay within the rules. There are no fallacies of composition, only good and bad policies. And since states, from an ordoliberal viewpoint, cannot be relied upon to provide the necessary austerity because they are prone to capture, we must have rules and an independent monetary authority to ensure that states conform to the ordo imperative; hence, the ECB. Then, and only then, will growth return. In the case of Greece and Italy in 2011, if that meant deposing a few democratically elected governments, then so be it.
The most remarkable thing about this ordoliberalization of Europe is how it replicates the same error often attributed to the Anglo-American economies: the insistence that all developing states follow their liberal instruction sheets to get rich, the so-called Washington Consensus approach to development that we shall discuss shortly. The basic objection made by late-developing states, such as the countries of East Asia, to the Washington Consensus/Anglo-American idea “liberalize and then growth follows” was twofold. First, this understanding mistakes the outcomes of growth, stable public finances, low inflation, cost competitiveness, and so on, for the causes of growth. Second, the liberal path to growth only makes sense if you are an early developer, since you have no competitors—pace the United Kingdom in the eighteenth century and the United States in the nineteenth century. Yet in the contemporary world, development is almost always state led. "
― , Austerity: The History of a Dangerous Idea
50
" You’re a pirate?” Obviously. Still, hard to believe. He pressed forward, forcing on her a series of blows meant to test her strength and will.
She parried and blocked his every move with an aptitude that amazed. “Aye. A pirate, and captain of the Sea Sprite,” she boasted, a wry smile upon her full lips.
Indeed, she appeared very much a pirate in her men’s garb—a threadbare, brown suit with overly long sleeves
she’d had to roll up. Her ebony hair had been pulled back in a queue and was half hidden beneath a rumpled tricorn. Also, like her men, was her look of desperation and the grim cast to her countenance that bespoke of a hard existence.
“We offered you quarter,” she said as she evaded his thrust with ease. “Why didn’t you surrender? You had to
know we outnumbered you.”
He didn’t answer. In all honesty, he’d thought they could defeat the pirates, if not with cannon fire, then with skill. After hearing of all the pirate attacks of late, they’d hired on additional hands, men who could fight. If it hadn’t been for the damn illness…
“It’s not too late. You can save what’s left of your crew. Surrender now, Captain Glanville, and we’ll see that your men are ransomed back.” A wicked gleam brightened her eyes as if victory would soon be hers.
He should do as she asked. It would be the sensible thing, but pride kept him from saying the words. Not yet. He still had another opponent to defeat, and so far she hadn’t been an easy one to overcome. Despite his steady attack, she kept her muscles relaxed, her balance sure. Her attention followed his movements no matter how small, adjusting her stance, looking for weaknesses. “How do you know I’m Captain Glanville?” When work was at hand, he didn’t dress any differently than his men.
“I know much about you.” Stepping clear of two men battling to their left, she blocked his sword with her own
and lunged with her dagger. He jumped from the blade, avoiding injury by the barest inch. This one relied on speed and accuracy rather than power. Smart woman.
“What do you want from us?” he asked, launching an attack of his own, this time with so much force and speed, she had no choice but to retreat until her back came up against the railing. “We only just left London four days ago. Our cargo is mainly iron and ale.”
Her gaze sharpened even as her expression became strained. His assault was wearing her down. “I want the
Ruby Cross.”
How the hell did she know he had the cross? And did she believe he’d simply hand it over? Hand over a priceless antiquity of the Knights Templar? Absurd. He swung his sword all the harder. The clang of steel rang through the air. Her reactions slowed, and her arms trembled. He made a final cut, putting all his strength behind the blow, and knocked her sword from her hand. Triumph surged through his veins. She attempted to slash out with her dagger. He grabbed her arm before her blade could reach him and hauled her close, their faces nose to nose. “You’ll never take the cross from me,” he vowed as he towered over her, his grip strong.
The point of a sword touched his back. Thomas tensed, he swore beneath his breath, self-disgust heavy in his chest. The distraction of this one woman had sealed his fate.
Bloody hell. "
― Tamara Hughes , His Pirate Seductress (Love on the High Seas, #3)
53
" Across that threshold I had been afraid to cross, things suddenly seemed so very simple. There was but a single vision, God, who was all in all; there was but one will that directed all things, God's will. I had only to see it, to discern it in every circumstance in which I found myself, and let myself be ruled by it. God is in all things, sustains all things, directs all things. To discern this in every situation and circumstance, to see His will in all things, was to accept each circumstance and situation and let oneself be borne along in perfect confidence and trust. Nothing could separate me from Him, because He was in all things. No danger could threaten me, no fear could shake me, except the fear of losing sight of Him. The future, hidden as it was, was hidden in His will and therefore acceptable to me no matter what it might bring. The past, with all its failures, was not forgotten; it remained to remind me of the weakness of human nature and the folly of putting any faith in self. But it no longer depressed me. I looked no longer to self to guide me, relied on it no longer in any way, so it could not again fail me. By renouncing, finally and completely, all control of my life and future destiny, I was relieved as a consequence of all responsibility. I was freed thereby from anxiety and worry, from every tension, and could float serenely upon the tide of God's sustaining providence in perfect peace of soul. "
― Walter J. Ciszek , He Leadeth Me
56
" It is not true that the world hates America. It is the world’s Left that hates America. However, because the Left dominates the world’s news media and because nearly everyone, understandably, relies on the news media for their understanding of what happens in the world, many people, including Americans, believe that ‘the world’ hates America. And, of course, the Left-dominated media help to create much of the hatred for America that does exist. If I relied exclusively on the New York Times or Le Monde or the Guardian or CNN International or virtually any of the world’s major television and radio news stations and newspapers for all I knew about America, I would probably hold it in contempt as well. "
― Dennis Prager , Still the Best Hope: Why the World Needs American Values to Triumph
57
" To your request of my opinion of the manner in which a newspaper should be conducted, so as to be most useful, I should answer, ‘by restraining it to true facts & sound principles only.’ Yet I fear such a paper would find few subscribers. It is a melancholy truth, that a suppression of the press could not more compleatly deprive the nation of its benefits, than is done by its abandoned prostitution to falsehood. Nothing can now be believed which is seen in a newspaper. Truth itself becomes suspicious by being put into that polluted vehicle. The real extent of this state of misinformation is known only to those who are in situations to confront facts within their knolege with the lies of the day. I really look with commiseration over the great body of my fellow citizens, who, reading newspapers, live & die in the belief, that they have known something of what has been passing in the world in their time; whereas the accounts they have read in newspapers are just as true a history of any other period of the world as of the present, except that the real names of the day are affixed to their fables. General facts may indeed be collected from them, such as that Europe is now at war, that Bonaparte has been a successful warrior, that he has subjected a great portion of Europe to his will, &c., &c.; but no details can be relied on. I will add, that the man who never looks into a newspaper is better informed than he who reads them; inasmuch as he who knows nothing is nearer to truth than he whose mind is filled with falsehoods & errors. He who reads nothing will still learn the great facts, and the details are all false.”
—Letter to John Norvell, 14 June 1807
[Works 10:417--18] "
― Thomas Jefferson , Works of Thomas Jefferson. Including The Jefferson Bible, Autobiography and The Writings of Thomas Jefferson (Illustrated), with Notes on Virginia, Parliamentary ... more.
60
" Colonel Cargill, General Peckem’s troubleshooter, was a forceful, ruddy man. Before the war he had been an alert, hard-hitting, aggressive marketing executive. He was a very bad marketing executive. Colonel Cargill was so awful a marketing executive that his services were much sought after by firms eager to establish losses for tax purposes. Throughout the civilized world, from Battery Park to Fulton Street, he was known as a dependable man for a fast tax write-off. His prices were high, for failure often did not come easily. He had to start at the top and work his way down, and with sympathetic friends in Washington, losing money was no simple matter. It took months of hard work and careful misplanning. A person misplaced, disorganized, miscalculated, overlooked everything and opened every loophole, and just when he thought he had it made, the government gave him a lake or a forest or an oilfield and spoiled everything. Even with such handicaps, Colonel Cargill could be relied on to run the most prosperous enterprise into the ground. He was a self-made man who owed his lack of success to nobody. "
― Joseph Heller , Catch-22
