It makes me actually angry that the media are such fools that for reasons that remain entirely invisible they are willing to lie, distort and deceive, not just to keep the worst president in more than a century in office, but also to keep someone who might well turn out to be the best president over the century to come out of office. On this matter, let me take you to an article in today Financial Review that outlines Mitt Romney’s concept of how to deal with foreign aid. Here are the direct quotes from a speech given yesterday about the program he has in mind:
Working with the private sector, the program will identify the barriers to investment and trade and entrepreneurialism in developing nations. In exchange for removing those barriers and opening their markets to US investment and trade, developing nations will receive US assistance packages focused on developing the institutions of liberty, the rule of law and property rights.
The aim of a much larger share of our aid must be the promotion of work and the fostering of free enterprise. Nothing we can do as a nation will change lives and nations more effectively and permanently than sharing the insight that lies at the foundation of America’s own economy – and that is that free people pursuing happiness in their own ways build a strong and prosperous nation.
What an extraordinary vision! A system of foreign aid that will work, that does not empower a bureaucracy but which makes private individuals pursuing their own interests the centrepiece of America’s assistance program. No doubt there are endless obstacles, but if implemented this would work and transform the remaining dead spots of the world’s economies even if this was taken up in only a minor way at first. Not everywhere is going to turn into Chile, Thailand or South Korea but this is the only way in which they could.
Mitt Romney has the potential to become the greatest president of the twenty-first century but first he has to be elected in November. How bizarre that it still remains a close run thing which can only be because of the impaired moral vision of so many of our graduates of higher education and the inanities they have passed on either in teaching others to despise the free market or in writing media stories filled with leftist stupidities and ignorance in which the underlying premise is that governments must protect the poor by preventing others from becoming rich.