Saturday 26 November 2011

You can't legislate socialism


An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan".. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy. When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.
Could not be any simpler than that.

These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.
3. The government cannot give to anybody anything that the government does not first take from somebody else.
4. You cannot multiply wealth by dividing it!
5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.

Monday 21 November 2011

The global economy is broken

The difference between being a blind optimist and a realistic optimist is that we recognise and accept when things are wrong....and then we change them.
As reported today our ex Minister of finance was quoted  "The message coming out of everything we have seen over the past year in the Arab Spring, people on the streets in Europe, the Occupy Wall Street movement and the overall failure of systems of the past, is that that model is broken. We need something that deals with the needs of people and the economy must serve the interests of the masses ... and at the moment the market doesn't provide for that."
Until we recognize that we all share the world, we run the risk of creating a divided global society which history teaches us is the recipe for upheaval and conflict.
I may be a happy capitalist but not at the expense of others. That is just not right.

The Western Cape wins 9 out of the 10 best restaurants in South Africa


Last night the winners of the Eat Out Awards for 2011 were announced in Camps Bay.

The inclusion of only one non-Western Cape restaurant, DW Eleven-13, in the Top 10 will also be questioned, and there were some notable exclusions such as Tokara, which will cause some dissent

The Top 10 restaurants in South Africa are:                                 

1.      The Greenhouse
2.      The Test Kitchen
3.      The Tasting Room at Le Quartier Français
4.      The Roundhouse
5.      Overture
6.      Terroir
7.      DW Eleven-13
8.      Jordan Restaurant
9.      Nobu
10.    La Colombe

If you have eaten at any of these restaurants would love to hear your comments