The Socialist Hellscape

by twit

of Norway, as reported by the New York Times on May 14, 2009:

… in the midst of the worst global downturn since the Depression, Norway’s economy grew last year by just under 3 percent. The government enjoys a budget surplus of 11 percent and its ledger is entirely free of debt.

[…] Banks represent just 2 percent of the economy and tight public oversight over their lending practices have kept Norwegian banks from taking on the risk that brought down their Icelandic counterparts. But they certainly have not closed their doors to borrowers.

[…] To Ms. Halvorsen, the finance minister, even the underside of the Norwegian dream looks pretty good compared to the economic nightmares elsewhere.

“As a socialist, I have always said that the market can’t regulate itself,” she said. “But even I was surprised how strong the failure was.”

for future reference, while we wait with baited bated breath for the Republicans to launch their upcoming campaign to ‘rebrand’ Democrats as the “Democrat Socialist Party.”

Hugo Chavez declares war on Alaska

by twit

by again offering donations of oil to rural parts of the state:

With heating oil prices approaching $10 a gallon in rural Alaska and reports of neighbors stealing fuel from neighbors to warm their homes, a Venezuela-owned oil company plans to supply free fuel to villages again this winter.  […]

Citgo has provided roughly 15,000 Alaska village households 100 gallons of heating oil each for the past two winters. If the company donates the same amount this year, some families will save as much as $1,000 on their fuel bills. It’s part of a program providing assistance to low-income communities in 23 states.

which means war!

The fact that the heating assistance is coming from Chavez led some eligible Alaska communities — such as St. Paul — to reject Citgo’s gift in the past.

It would have been unpatriotic to participate, said Steve Senisch, a local councilman who voted against the gift in 2007.

He predicted the council will vote the same way this time.

well, maybe less war this year…
Read more of this post