Saturday, April 23, 2011

**JP** Fw: (:- Professionals :-) ایک عجیب اور آزمودہ کام

 

 

بسم اللہ الرحمٰن الرحیم

السلام و علیکم و رحمۃ اللہ و برکاتہ


ایک عجیب اور آزمودہ  کام

جسمانی جوڑوں کی حرکت کا بعض حروف  کی ادائیگی سے کیا تعلق ہے؟

!

!

!

!

!

سادہ سا جواب تو یہی بنتا ہے کہ کوئی تعلق نہیں۔

!

لیکن

آئیے ایک تجربہ کرکے  خود دیکھتے ہیں

--------

!

!

!

!

!


مثال کے طور پر ہم ایک حرف  (س) لیتے ہیں


1


اپنی گردن کو مضبوطی سے اس طرح پکڑیئے جس طرح کہ تصویر میں دکھایا گیا ہے


 


Aik Dafa Darood Shareef


اب حرف –س- کو واضح طریقہ سے ادا کیجئے۔۔

!

!

!

مثال کے طور پر نیچے دیا ہوا جملہ بولیئے:

  

سبحان اللہ  


سبحان اللہ

سبحان اللہ

سبحان اللہ 

سبحان اللہ

سبحان اللہ
سبحان اللہ

سبحان اللہ

سبحان اللہ

سبحان اللہ 
- 
 
-

-

 - 

-

 - 
 
-


2


اب ہاتھ کی گرفت کو ڈھیلا کرتے ہوئے گردن کو چھوڑ دیجیئے

اب ایک بار پھر اُسی وضاحت کے ساتھ ان کلمات کو  دہرائیے:


سبحان الله


سبحان الله

سبحان الله

سبحان الله

سبحان الله

سبحان الله

سبحان الله


سبحان الله

سبحان الله

سبحان الله

سبحان الله

سبحان الله


-


-

 

-


-

-


-

کوئی فرق نظر آیا آپکو؟

 -
-
-

-
-

 -
-
-

-
-

 

کمال ہے، کوئی بھی فرق نہیں پڑا، دونوں بار ایک جیسی ہی ادائیگی اور وہ بھی بغیر کسی فرق کے

اس طرح تو یہی ظاہر ہوتا ہے کہ

کسی بھی حال میں، اٹھتے، بیٹھتے یا لیٹے ہوئے  اللہ کا ذکر کرنے میں کوئی حرج یا رکاوٹ نہیں ہوتی۔

بجائے اس کے کہ فارغ بیٹھ کر وقت کا ضیاع کیا جائے

یا ضروری ہے کہ  کوئی آ کر آپ کی گردن  پکڑے اور تب ہی آپ

سبحان اللہ  کہیں گے؟

حسبِ سابق یہ مضمون بھی عربی سے  اردو میں ترجمہ کرکے آپکی خدمت میں پیش کیا ہے، آپکی دعاوں کا طالب ہوں۔



--
  JAZZAK ALLAH

**JP** Only for Married Persons






--

 

"Dream is not that what you see in your sleep, Dream is the thing which do not allow you to sleep"

Regards,

Talha Ahmed Ali
 
 

Talha's Yahoo ID: talhaahmedali@yahoo.com

 

Talha's Hotmail ID: talhaahmedali@hotmail.com


--
You received this message because you are subscribed to the Google
Groups "JoinPakistan" group.
You all are invited to come and share your information with other group members.
To post to this group, send email to joinpakistan@googlegroups.com
For more options, visit this group at
http://groups.google.com.pk/group/joinpakistan?hl=en?hl=en
You can also visit our blog site : www.joinpakistan.blogspot.com &
on facebook http://www.facebook.com/pages/Join-Pakistan/125610937483197

Public Housemaids Regulate Kickball and Freeze Tag


Public Housemaids Regulate Kickball and Freeze Tag
Posted by Karen De Coster on April 23, 2011 08:32 AM

In the People's Republic of Bloomberg, new state laws are regulating the activities in day camps. The Health Department created a list of "risky" recreational activities, and any camp programs that offer "two or more organized recreational activities -- with at least one of them on the risky list -- is deemed a summer camp and subject to state regulation." State regulation means these programs will have to pay $200 extortion fees to the state, and they will also have to pay to provide a medical staff in the case of "medial emergencies."

The activities logged on the "risky" list are limited to the more brutal, gladiator-like sports such as wiffle ball, kickball, dodgeball, freeze tag, red rover, and capture the flag. On the right side of the page, take the poll that asks the question, "Do you agree with the Health Department that Wiffle Ball, kickball and Red Rover are dangerous?" When I checked, 83% said yes. Don't wonder why we have the government we (most of us) deserve.

Additionally, in the same week, the mainstream press is running numerous articles on those death traps known as cribs. Puffy bumpers, pillows and blankets, low-hanging mobiles, quilts, and assorted stuffed animals are now labeled as potential child killers. Reading these two articles (" Keeping Up With Kid-Safety Advice" and " When a Cuddly Crib Puts the Baby in Danger") makes one realize that America has become a wasteland of functional retards who have become unhinged on "safety" issues. Laying your baby down for the night has been turned into a spectacle for the thinking impaired. Thanks to James Nellis for the tip on the New York lunacy.

Can Government Manage the Economy?

"A powerful subconscious bias is obviously at work here, a mental distortion that prevents normal, intelligent people from being able to learn from experience. I call it the watchful-eye illusion: the idea that government has greater knowledge and wisdom than the public. In extreme form this illusion treats government as God, a superior being who surveys the scene from His Olympian position, controlling error and wrongdoing. Once this illusion is locked into your thinking, you remain convinced, despite any amount of failure, that government has the ability to do things right next time."

Can Government Manage the Economy?
James L. Payne
May 2011 • Volume: 61 • Issue: 4 •

A doctor says he can cure illness by waving birch wands over the patient. We are skeptical, but being open-minded we agree to give him a chance with ailing Uncle George. He waves a red wand and chants something. The patient shows no improvement.

"Let me try a green one," he says. We're still tolerant. The new wand is waved. Afterward dear George is decidedly worse.

"Let me think," the healer says. "Maybe it should be a purple wand and a different chant."

For 98 years the federal government has been attempting to prevent asset bubbles, recessions, and spasms of unemployment. In 1913 Congress and Woodrow Wilson created the Federal Reserve System, the President telling the country this new institution would be "a safeguard against business depressions." In 1929, after 15 years of Fed operations, the United States plunged into a deep depression.

Okay, so maybe red wands don't work, and we should try green. Politicians of the 1930s created more bodies designed to stabilize the economy and build investor confidence: the Federal Deposit Insurance Corporation, the Federal Savings and Loan Insurance Corporation, the Securities and Exchange Commission, and the National Credit Union Administration. The Depression deepened, becoming by far the longest and deepest economic downturn in the history of the United States.

This is the national pattern in economic policy: In the face of failure, we keep looking to government. Since the Great Depression, we've added more units designed to curb inappropriate behavior and ward off recession, including the Commodity Futures Trading Commission (1974), the Federal Financial Institutions Examination Council (1979), the Working Group on Financial Markets (1988), and the Office of Thrift Supervision (1989). Yet in 2008 we fell into another economic downturn.

The 2008 recession was triggered by the boom and bust in the housing market. Was housing an unregulated market where government had failed to intervene? Sorry: There were seven agencies supposedly nurturing this industry:

1.Federal Housing Administration (1934)
2.Federal National Mortgage Association (Fannie Mae) (1938)
3.Government National Mortgage Association (Ginnie Mae) (1968)
4.Federal Home Loan Mortgage Corporation (Freddie Mac) (1970)
5. Neighborhood Reinvestment Corporation (1978)
6. Federal Housing Finance Board (1989)
7. Office of Federal Housing Enterprise Oversight (1992)

In sum, at the onset of the 2008 recession there were 16 units of the federal government that were supposed to manage economic life and keep us from harm, yet harm befell us. No wand-waving faith healer has ever failed so conspicuously.

Alas, economic policy is not a drug trial; it is politics, and politics is ruled by illusions. In June 2009 we found President Barack Obama urging the creation of yet more government units to manage the economy, promising that his reforms would "make sure that these problems are dealt with so that we're preventing crises in the future."

We can't be too critical of Obama, because many others share this confidence in government regulation. "Without intervention by the government," say economists George Akerlof and Robert Shiller in their 2009 book Animal Spirits, "the economy will suffer massive swings in employment. And financial markets will, from time to time, fall into chaos." It's astounding to assert that government can prevent crises, recessions, and "swings in unemployment" while being fully aware that for 98 years it has been trying and failing.


Not Learning from Experience

A powerful subconscious bias is obviously at work here, a mental distortion that prevents normal, intelligent people from being able to learn from experience. I call it the watchful-eye illusion: the idea that government has greater knowledge and wisdom than the public. In extreme form this illusion treats government as God, a superior being who surveys the scene from His Olympian position, controlling error and wrongdoing. Once this illusion is locked into your thinking, you remain convinced, despite any amount of failure, that government has the ability to do things right next time.

It appears that this fallacy begins in childhood. Youngsters see that their lives are guided by people who are more thoughtful and mature than they are: their parents. If they challenge the parents - asking, in effect, what gives you the right to make rules over me? -- the parents say they know more. When children first learn about government, they see it as a super authority ten times more powerful than parents. Naturally, they assume it must have ten times their parents' wisdom and foresight.

Many do not outgrow this perspective; they carry into adulthood the idea that government is a superparent. Economists Akerlof and Shiller accept this view, declaring that it forms the core of Keynesian economics:

The proper role of the parent is to set the limits so that the child does not overindulge her animal spirits. But those limits should also allow the child independence to learn and to be creative. The role of the parent is to create a happy home, which gives the child freedom but also protects him from his animal spirits.
This happy home corresponds exactly to Keynes' position (and also our own) regarding the proper role of government.


Ordinary Beings

There are two fallacies in the Keynesian view that government can be a "parent" watchfully guarding over the national economy. First, the politicians who run government don't have superior wisdom and maturity. Government officials are ordinary, fallible human beings. They can be careless, inattentive, and shallow. They can be swayed by emotion. And sometimes they can be dishonest and corrupt.

The second fallacy is that the public is an ignorant child. The economy's millions of individual businessmen and investors have, collectively, vast wisdom about economic possibilities and trends. These individuals pour their knowledge into their market behavior, thereby setting the prices of assets, goods, and services. Left free to suffer the consequences of their decisions, investors and entrepreneurs will develop systems for managing risk and for evaluating the validity of investments. These systems won't be perfect, of course: There will be errors, bubbles, and frauds. But from these errors, the community learns to improve decisions in the future.

This system of social learning is short-circuited by government intervention, with its subsidies, bailouts, changing rules, and false promises to protect everyone. In truth, the greatest long-run threat to the health of the economy is the chaotic meddling of eager politicians whose intellectual powers have been so naively overrated by academic economists.

http://www.thefreemanonline.org/featured/can-government-manage-the-economy-2/?utm_source=The+Freeman&utm_campaign=849e9a19d0-Freeman_Jan2010_Issue&utm_medium=email

Re: UC BERKELEY CONFERENCE ON ISLAMOPHOBIA - you may watch live and ask questions live chat

Yeah right! 9/11 was just a dream and all the Islamo-
fascist terror and killings, beheading etc. around the world never
happened. Say that again! " The religion of peace " ?! The zombie
Muslim community in this country should be holding a conference on "
Truth Phobia " of which they greatly suffer.

*********************************************************************************************************************************

On Apr 21, 3:29 pm, Manoj Padhi <manojpa...@gmail.com> wrote:
> NOW LIVE ONLINE: UC BERKELEY CONFERENCE ON ISLAMOPHOBIA [2days
> only]....more<http://hindtoday.com/Blogs/ViewBlogsV2.aspx?HTAdvtId=7859&HTAdvtPlace...>
>
> Dear Readers:
>
> Any one wants to know more about *The Religion of Peace* - may ask questions
> via chat..
>
> -Manoj Padhi

--
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum

* Visit our other community at http://www.PoliticalForum.com/
* It's active and moderated. Register and vote in our polls.
* Read the latest breaking news, and more.

**JP** Types of Man...

 

"Dream is not that what you see in your sleep, Dream is the thing which do not allow you to sleep"

Regards,

Talha Ahmed Ali
 
 

Talha's Yahoo ID: talhaahmedali@yahoo.com

 

Talha's Hotmail ID: talhaahmedali@hotmail.com


--
You received this message because you are subscribed to the Google
Groups "JoinPakistan" group.
You all are invited to come and share your information with other group members.
To post to this group, send email to joinpakistan@googlegroups.com
For more options, visit this group at
http://groups.google.com.pk/group/joinpakistan?hl=en?hl=en
You can also visit our blog site : www.joinpakistan.blogspot.com &
on facebook http://www.facebook.com/pages/Join-Pakistan/125610937483197

Abe Lincoln’s Legacy: Leviathan’s Bondage of All Americans


Abe Lincoln's Legacy: Leviathan's Bondage of All Americans
by Scott Lazarowitz

With the 150th year of the start of the American "Civil War," it is necessary to point out that, not only was it not a war to "free the slaves," but a war to force seceding states back into a union involuntarily, and a war to strengthen the federal government's economic control over the people.

For whatever reasons the Southern States had to secede from the "Union," they had an inalienable right to secede. All people have a God-given right to associate or not associate with others, voluntarily. If the people of a particular territory want to separate from a federal union of states, they have every right to separate, just as the Founding Fathers had a right to separate from British rule.

No institution or authority has the right to compel any individual or group into association or contract involuntarily. To believe that the federal government had any moral right to force the people of the seceding states to return to federal association involuntarily is to believe that some people with armed power have a right to claim ownership and control of other people, pure and simple.

The argument that the association of states within the federal union is based on some sort of contract -- the U.S. Constitution -- is misleading, because the people living in 1861 who had been compelled to abide by the contract did not actually participate in the forming of terms and the signing of the contract. People of later generations are not in any way bound to the terms of any contract agreed to by previous generations. 19th Century individualist and entrepreneur Lysander Spooner explains that further in No Treason: The Constitution of No Authority.

To bind future generations to a contract to which they themselves did not agree or sign is itself a form of enslavement, just as the politicians in Washington currently continue to enslave future generations with debt.

What Lincoln's war to compel people into association involuntarily did was literally to reverse the American Revolution. In the Revolution, people fought to free themselves from the tyranny and enslavements of King George III and his British dictatorial regime. The Revolutionaries fought for their independence.

In contrast, Lincoln's war effected in compelling the people of the Southern States back into centralized control over them by federal bureaucrats, and further empowered the centralized authority in Washington. Lincoln's war had nothing to do with "freeing slaves."

Economically, two important moves by Abe Lincoln to further strengthen the federal government's control over the American people were the National Banking Acts and legal tender laws. The National Banking Acts gave Wall Street -- in collusion with the federal government – the power to coordinate inflation (despite the then-nonexistence of a federal central bank). And legal tender laws force Americans to use only government-issued currency as their sole medium of exchange. These two restrictions on Americans' right to voluntary exchange and voluntary contracts -- including the right to provide free competitive banking to consumers and the right of the people to control and use private property as they see fit -- were at the heart of Americans' monetary bondage and government-imposed schemes of redistribution-of-wealth from lower classes to the wealthy from which we continue to suffer.

Lincoln's Bank Acts and legal tender laws were the precursors to the Federal Reserve and its valueless paper "notes" that Americans are compelled by law to use for exchange. The Fed's money printing benefits the earlier receivers, the financial and banking elites, and causes the later receivers of the "notes," lower- and middle-class Americans, to deal with the higher food, clothing and energy prices caused by the Fed's inflationary policies. This government-mandated scheme literally enslaves those on fixed incomes and of the lower economic classes – through their extra labor – to serve the increasingly rich, politically-connected corporatists.

And during Lincoln's presidency was the first time the U.S. government imposed a federal personal income tax, including on "any professional trade, employment, or vocation." That income tax was repealed but the income tax returned with a vengeance in 1913.

It was so important to the federal government bureaucrats to permanently institutionalize the compulsory labor amongst the citizenry to serve the federal government, that the Washington politicians had their income tax become a part of the U.S. Constitution!

Many people scoff at the criticism of the income tax as a form of "involuntary servitude." But that would have to be because they just haven't given it much thought, or it's because they work for the government.

First, part of the income tax is a seizure of some of the earnings of one's labor. That is the government's demand that one does a certain amount of labor to serve the government. Second, income tax on investment dividends or capital gains on property sales is a way of government bureaucrats to confiscate a portion of property rightfully belonging to the individual receiving a profit or earning on investment. It is the way for government bureaucrats to steal others' wealth or property, in the same illicit manner that the Federal Reserve's inflation allows the government-banking cartel elites to steal from the lower classes.

Compulsory Federal Reserve "notes," legal tender laws, the income tax, forcing Americans to do extra labor to serve the government -- all these policies reinforce the government's ownership of the individual. One's labor is primarily owned by the government now, one's employment associations and contracts are all under scrutiny and supervision by the government.

There are no more voluntary relationships in America. The individual does not own one's private contract with an employer or employee -- the government does. And the individual does not own one's association or contract with one's doctor or patient -- the government owns the doctor-patient relationship, especially cemented by the dictatorial ObamaCare.

And these perversions of society have permeated all levels of society now, in the collective's ownership of the individual, and in the individual's serfdom under federal, state and local governmental regimes.

A most recent example of how government employees subjugate their non-government neighbors was in Wisconsin. The teachers' unions have been actively protesting to strengthen their power to expropriate more of Wisconsin taxpayers' earnings to fund the teachers' overly extravagant benefits and pensions -- enrichments that their counterparts in the private sector could never possibly get in the actual free marketplace.

And anti-competition protectionist legislation and regulations also shackle potential start-ups and make business extremely difficult for existing small business owners, to protect the profits of established firms, and to protect Big Business.

In New York City, for example, if an individual has a car and wants to provide a taxi service, he must now pay an average price of $607,000. On a fundamental level, if the individual really owned his life and his car, he would have a right to put the sign, "TAXI," on the car and drive in the city and offer people a ride for a fee, and it's no one else's business. But the city's real interest is in protecting established cab companies, by locking out those in need of a job, particularly among the lower-class, from that potential opportunity to provide for themselves. This kind of protectionism has especially affected inner-city minorities.

Minimum wage laws are also an egregious example of how the government prevents people, especially teenagers and especially minority teens, from even having a job in the first place. Employers who can't afford to pay a worker the government-mandated minimum wage simply eliminate those jobs. As Future of Freedom Foundation President Jacob Hornberger pointed out,

Which is better: working at $1 an hour and learning a trade and a work ethic and watching how a business is run or being prohibited from working at all?
But there is another important factor involved here. Not only does the minimum wage lock poor, inner-city black teenagers out of the labor market as employees, it also prevents them from opening up businesses to compete against the already-established, well-to-do businesses run by white people and others.
In other words, the minimum wage serves as a government-granted privilege to already established businesses, protecting them from competition, including from poor, inner-city black teenagers.

"Liberal" policies such as minimum wage are literally shackling Americans and preventing them from prospering. And now, college students are " debt serfs."

The "Civil War's" reverse Revolution institutionalized the government's enslavement of not just black Americans, but all Americans. We are all serfs of the State.

There are many other examples daily of Lincoln's legacy in government's directly treating the people like slaves and prisoners. With the TSA, if an individual does not want to go through the airport X-ray scanner -- out of a legitimate concern that such radiation exposure increases one's risk for cancer -- or if an individual does not want his child to be sexually molested by degenerates, and if the individual wants to instead leave the premises, he is apprehended, detained and questioned by TSA agents or police.

The pervasive mentality that the government owns the individual and one's property was immensely strengthened by President Lincoln's unwillingness to let people be free, in his war against seceding states in general, and from his institutionalized economic enslavements.

Unfortunately, the average American does not seem to grasp the idea and importance -- the inalienable right -- of nullification: the right of the people to nullify intrusive laws that violate one's person or property.

As Leviathan continues to enslave us, with the thefts of taxation and Federal Reserve, the dictatorial commands of regulations and the wars on drugs and terrorism that continue to crush our civil liberties and right to due process, we must begin to withdraw our consent to each and every law, regulation, tax and policy that violates our persons and property and our livelihoods.

President Abraham Lincoln's war against seceding states was to put the states in further bondage of the federal regime's total authority, as well as constrain all individuals to the collective's will and to the State.

The Founders had a Revolution for their independence and freedom. Lincoln reversed that Revolution, and is time to reverse Lincoln's Revolution-reversal, through peaceful, voluntary, non-violent non-compliance, secession and nullification.

http://www.lewrockwell.com/lazarowitz/lazarowitz23.1.html

No State, No Problem

No State, No Problem
April 23, 2011 by Justin Ptak

It has been a year today since Yves Leterme, Belgium's caretaker prime minister abandoned his attempt to form a government but the country does not appear any closer to an end nor does it appear necessary.

" Local government carries on; the refuse is collected and public transport works. The financial markets, far from taking fright at this rudderless ship, continue to lend to Belgium at more favourable rates than most of the rest of the EU. Taxes have not gone up because no agreement can be made on debt restructuring. As a result, business and consumer confidence is high."

The "rudderless ship" and local control is far more preferable as the Leviathan on the Potomac swamp will hopefully soon find out.

Naive Keynesianism: A Failure of Imagination


Thoughts on Freedom
Naive Keynesianism: A Failure of Imagination
Donald J. Boudreaux
May 2011 • Volume: 61 • Issue: 4 •

Each of us has a set of peeves -- things that disproportionately irritate us.

By their nature, most peeves are small. For example, I bristle at the failure to use hyphens correctly. As my late, great teacher Fritz Machlup pointed out, a foreign exchange student is typically not a foreign-exchange student. The first is a student studying temporarily in a foreign country, while the second is a student of international currency transactions. (I can't resist recalling a classified ad whose author offered for sale a "black-man's bowling ball." I'm quite sure that this hyphen was misused.)

Some peeves, however, are large. These are ones that spark over-the-top irritation. One of my largest peeves is the frequently heard assertion that because personal consumption expenditures are currently (say) 70 percent of GDP, our standard of living will fall if personal consumption expenditures fall below that level.

This notion is Keynesianism at its most naive -- Keynesianism that, though rejected or slathered with conditions by most or all Keynesians in the academy, motivates the (mis)understanding of too many reporters, pundits, and politicians who speak on economic issues.

I avoid here any discussion of the many conceptual problems involved in measuring economic output and in classifying expenditures. (Okay; I'll mention just one such problem: A large chunk of "personal consumption expenditures" in the United States is on medical care, which is financed massively by government. As Michael Mandel points out, "[I]t's misleading to say that 'consumer spending is 70 percent of GDP', when what we really mean is that 'consumer spending plus government health care spending is 70 percent of GDP.'")

The fundamental error woven throughout such naive Keynesian arguments about the importance of a particular level of consumer spending to the economy is that there is no "correct" or "optimal" level of consumer spending apart from whatever is the level that results from individuals freely choosing to spend and to save.


The Precious Aggregate

Suppose Americans for the past several years spent 70 percent of their incomes on consumer electronics, Las Vegas vacations, and massage therapy, while saving the remaining 30 percent for retirement. There is in this pattern of spending and saving nothing inherently natural or precious. It's simply the measured aggregate result of how hundreds of millions of Americans chose to allocate their resources over the past several years.

What happens if this year Americans' preference for saving changes so that they now spend only 60 percent of their incomes on consumer electronics, Vegas vacations, and massage therapy, while saving 40 percent for retirement?

One effect is that producers and importers of consumer electronics will earn less money than before, as will masseuses and owners of Vegas hotels and casinos. Another effect is that some workers in these industries will lose their jobs.

Naive Keynesians focus like lasers on this effect. They worry that workers­some of whom are laid off and all of whom now (the naive Keynesians tell us) are more anxious about their economic futures­will reduce their spending even further. And because workers reduce their spending, investors (it is alleged) will reduce their investing.

It's a spiral downward. The economic rot spreads.

And because before consumers changed their behavior, personal consumption expenditures were 70 percent of GDP, naive Keynesians­after intoning that "consumption is 70 percent" of the economy­will demand government action to restore that level of consumption.

But the fact is that, in this example, personal consumption expenditures are not any longer 70 percent of GDP. They are lower. And there's nothing wrong or undesirable about this fact.

When income earners change the amounts they spend relative to the amounts they save, they of course change the pattern of economic activity. One trouble with naive Keynesians is that they assume the earlier pattern of economic activity --- the one that prevailed before the "disruptions" when the level of employment was high­is somehow special. They take that earlier pattern as defining some sort of standard that ought not be disrupted -- and if disrupted, ought to be restored.

With people now spending only 60 percent of their incomes on consumption goods and services, while saving 40 percent, naive Keynesians assume that -- in the absence of government intervention -- the economy will shrink, jobs will disappear, and people will become poorer. The reason is that some chunk of necessary consumer expenditure is now going into savings.

"How can the economy recover," ask naive Keynesians, "if the 70 percent of it that is personal consumption expenditures is not all used for that purpose?"

Naive Keynesians commit too many errors even to list in the space allotted to me in this column. Perhaps foremost among these errors is their mistaken presumption that the practical imagination and initiative of entrepreneurs is as narrow and as anemic as their own in fact is.

If it were true that entrepreneurs were so dull that none of them could ever figure out how to employ a greater supply of saved resources in ways that improve the operational efficiency of a factory, increase the quality of a consumer good, and enhance worker training so that more will be produced in the future when those higher retirement savings are drawn down, then perhaps increased savings would always spell economic trouble.


Precluding Economic Change

But that would be a world in which any economic change spelled trouble. It would be a world in which, even if people merely changed the kinds of consumer goods they purchased (rather than changed the total amount they purchase), entrepreneurs would be unable to figure out how to adjust to such changes in consumer preferences.

Any change would spell damnation, releasing spooky animal spirits that scare everyone into withdrawing as much as possible from the economy.

Open-eyed observation of the commercial world in which we live should be sufficient to dispel these naive-Keynesian presumptions and fears. Entrepreneurs are forever on the lookout for ways to improve efficiency, to make their products more attractive to consumers, and to introduce totally new products.

Change is a natural and ever-present part of the competitive market process. So just because naive Keynesians can't imagine how increased savings might be productively employed to make the economy stronger -- just because they can't imagine what capital goods the economy would produce if consumers changed their preferences and started saving more -- does not mean that pattern of spending and saving which existed in the recent past is better than any one that will emerge in the future.

http://www.thefreemanonline.org/columns/thoughts-on-freedom/naive-keynesianism-a-failure-of-imagination/?utm_source=The+Freeman&utm_campaign=849e9a19d0-Freeman_Jan2010_Issue&utm_medium=email

**JP** The News Tribe (English)

English.jpg

UK refused to handover Musharraf, FIA tells ATC


Rawalpindi: The Federal Investigation Agency (FIA) on Saturday told an-anti terrorism court, hearing Benazir Bhutto murder case that the UK has refused handing over former military ruler Pervez Musharraf to Pakistan. The hearing was held in Adiala Jail Rawalpindi. The FIA informed the court that the...  No Comment

UK refused to handover Musharraf, FIA tells ATC

Pakistan

Moin Akhtar laid to rest

Karachi: Legendary actor and comedian Moin Akhtar was laid to rest  amid heart wrenching echoes of mournful cries and tears  here on Saturday. Akhtar died of a heart attack on Friday evening... 
More »

S-Asia

Death toll rises to 33 as boat sinks in Bangladesh's river

Dhaka: Five more bodies have been recovered on Friday after a ferry sank on a river in Bangladesh, raising the death toll to 33, an official said.  Read More →
More »

World

Philippines: dozens missing after landslide

Mindanao: At least three people have been killed and 21 more are missing after a landslide struck homes and destroyed mining tunnels in the Philippines. Mud and rocks buried miners' houses... 
More »

Uncensored

DG ISI visited US after government approval

Islamabad: Pakistan Prime Minister Syed Yousuf Raza Gilani has said that Pakistan is in difficult situation because of front line state in war on terror, but Pakistan's military and political... 
More »

Business

CNG Stations to remain shut till Sunday in Balochistan, Sindh

Karachi: CNG stations throughout Balochistan and Sindh including Karachi would remain shut for 36 hours from Saturday to Sunday as gas pressure lowered due to the annual repair of Bhit Gas Field.  Read More →
More »

Sports

Pakistan to face WI in first ODI on Saturday

St. Locia: First one day between Pakistan and West Indies will be played today (Saturday) at Beasejour Stadium, Gros Islet, St. Locia on Saturday. The match will be played at 18:30 pm (PST).  Read More →
More »

Style

Lindsay Lohan sentenced to 120 days in jail

Los Angeles: Troubled actress Lindsay Lohan was sentenced to 120 days in jail on Friday for violating her probation in a 2007 DUI case by taking the piece of jewelry.  Read More →
More »

Health

How much straight hair useful

Naturally curly hairs are looking much stunning and charming but sometimes it's also very irritating.... 

--
You received this message because you are subscribed to the Google
Groups "JoinPakistan" group.
You all are invited to come and share your information with other group members.
To post to this group, send email to joinpakistan@googlegroups.com
For more options, visit this group at
http://groups.google.com.pk/group/joinpakistan?hl=en?hl=en
You can also visit our blog site : www.joinpakistan.blogspot.com &
on facebook http://www.facebook.com/pages/Join-Pakistan/125610937483197

The News Tribe (English)

English.jpg

UK refused to handover Musharraf, FIA tells ATC


Rawalpindi: The Federal Investigation Agency (FIA) on Saturday told an-anti terrorism court, hearing Benazir Bhutto murder case that the UK has refused handing over former military ruler Pervez Musharraf to Pakistan. The hearing was held in Adiala Jail Rawalpindi. The FIA informed the court that the...  No Comment

UK refused to handover Musharraf, FIA tells ATC

Pakistan

Moin Akhtar laid to rest

Karachi: Legendary actor and comedian Moin Akhtar was laid to rest  amid heart wrenching echoes of mournful cries and tears  here on Saturday. Akhtar died of a heart attack on Friday evening... 
More »

S-Asia

Death toll rises to 33 as boat sinks in Bangladesh's river

Dhaka: Five more bodies have been recovered on Friday after a ferry sank on a river in Bangladesh, raising the death toll to 33, an official said.  Read More →
More »

World

Philippines: dozens missing after landslide

Mindanao: At least three people have been killed and 21 more are missing after a landslide struck homes and destroyed mining tunnels in the Philippines. Mud and rocks buried miners' houses... 
More »

Uncensored

DG ISI visited US after government approval

Islamabad: Pakistan Prime Minister Syed Yousuf Raza Gilani has said that Pakistan is in difficult situation because of front line state in war on terror, but Pakistan's military and political... 
More »

Business

CNG Stations to remain shut till Sunday in Balochistan, Sindh

Karachi: CNG stations throughout Balochistan and Sindh including Karachi would remain shut for 36 hours from Saturday to Sunday as gas pressure lowered due to the annual repair of Bhit Gas Field.  Read More →
More »

Sports

Pakistan to face WI in first ODI on Saturday

St. Locia: First one day between Pakistan and West Indies will be played today (Saturday) at Beasejour Stadium, Gros Islet, St. Locia on Saturday. The match will be played at 18:30 pm (PST).  Read More →
More »

Style

Lindsay Lohan sentenced to 120 days in jail

Los Angeles: Troubled actress Lindsay Lohan was sentenced to 120 days in jail on Friday for violating her probation in a 2007 DUI case by taking the piece of jewelry.  Read More →
More »

Health

How much straight hair useful

Naturally curly hairs are looking much stunning and charming but sometimes it's also very irritating.... 

--
Thanks for being part of "PoliticalForum" at Google Groups.
For options & help see http://groups.google.com/group/PoliticalForum
 
* Visit our other community at http://www.PoliticalForum.com/
* It's active and moderated. Register and vote in our polls.
* Read the latest breaking news, and more.