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Date: Mon, 8 Jun 2009 01:46:34 +0300
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On Mon, Jun 8, 2009 at 00:53, Dorin Cheptea <dorin.cheptea@gmail.com> wrote:

> Look how much has George W. Bush rise intellectually during his presidency.
> It's like a D+ student ending with an A-. In a 1000 years I wouldn't be able
> to grow that much.
>

One of the perks of the job is that you'd get a *large* team of people to do
research for you, and the country's top scientists will explain --
repeatedly, if necessary -- the fine nuances of, say, energy policy.  At
that level of tutoring, intellectual growth is to be expected.


> It was so easy to follow the model employed by the IMF in Eastern Europe:
>> break apart the company, sell off its better 1/3 to a foreign company, and
>> for the remaining 2/3 - lay out the employees (send them to work in farms
>> and construction in Italy and Spain) and liquidate the company. Radical and
>> efficient, and teaches people a lesson: if you know your company boss
>> steals, expect to loose your job in a couple years; if you want job
>> security, make sure you work and your co-workers also work, and your boss
>> also works for the company, not against it.
>>
>
No country wants to do that; every politician kisses his own voters' ass
first.  This is one of the reasons why IMF's involvement is considered
particularly painful: when IMF gives out loans, it forces countries to do
unpopular things as preconditions, which the voters then tend to blame on
the ruling politicians.

IMF's suggestions can be useful in medium and long term, if implemented
properly.  Unfortunately, democracy tends to value short term over long
term, which means that in order for a government to happily follow the IMF
models, it needs to consist of hopeless idealists who don't care about
losing votes in the name of better future, or a dictator who doesn't care
about losing votes because they don't matter anyway.  Needless to say,
reasonable idealists are few and far inbetween.

-- 
Andres Soolo

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<div class=3D"gmail_quote">On Mon, Jun 8, 2009 at 00:53, Dorin Cheptea <spa=
n dir=3D"ltr">&lt;<a href=3D"mailto:dorin.cheptea@gmail.com">dorin.cheptea@=
gmail.com</a>&gt;</span> wrote:<br><blockquote class=3D"gmail_quote" style=
=3D"margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;">
<div><div class=3D"gmail_quote"><div>Look how much has George W. Bush rise =
intellectually during his presidency. It&#39;s like a D+ student ending wit=
h an A-. In a 1000 years I wouldn&#39;t be able to grow that much.</div></d=
iv>
</div></blockquote><div><br></div><div>One of the perks of the job is that =
you&#39;d get a *large* team of people to do research for you, and the coun=
try&#39;s top scientists will explain -- repeatedly, if necessary -- the fi=
ne nuances of, say, energy policy. =C2=A0At that level of tutoring, intelle=
ctual growth is to be expected.</div>
<div>=C2=A0</div><blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 .8=
ex;border-left:1px #ccc solid;padding-left:1ex;"><div><div class=3D"gmail_q=
uote"><div class=3D"im"><blockquote class=3D"gmail_quote" style=3D"margin:0=
 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div style=3D"font-size:10pt;color:#000000;font-family:Arial"><font face=3D=
"Arial" color=3D"#000000" size=3D"2"><div><span class=3D"Apple-style-span" =
style=3D"font-family: arial; ">It was so easy to follow the model employed =
by the IMF in Eastern Europe: break apart the company, sell off its better =
1/3 to a foreign company, and for the remaining 2/3 - lay out the employees=
 (send them to work in farms and construction in Italy and Spain) and liqui=
date the company. Radical and efficient, and teaches people a lesson: if yo=
u know your company boss steals, expect to loose your job in a couple years=
; if you want job security, make sure you work and your co-workers also wor=
k, and your boss also works for the company, not against it.=C2=A0</span></=
div>
</font></div></blockquote></div></div></div></blockquote><div><br></div><di=
v>No country wants to do that; every politician kisses his own voters&#39; =
ass first. =C2=A0This is one of the reasons why IMF&#39;s involvement is co=
nsidered particularly painful: when IMF gives out loans, it forces countrie=
s to do unpopular things as preconditions, which the voters then tend to bl=
ame on the ruling politicians.</div>
<div><br></div><div>IMF&#39;s suggestions can be useful in medium and long =
term, if implemented properly. =C2=A0Unfortunately, democracy tends to valu=
e short term over long term, which means that in order for a government to =
happily follow the IMF models, it needs to consist of hopeless idealists wh=
o don&#39;t care about losing votes in the name of better future, or a dict=
ator who doesn&#39;t care about losing votes because they don&#39;t matter =
anyway. =C2=A0Needless to say, reasonable idealists are few and far inbetwe=
en.</div>
<div><br></div></div>-- <br>Andres Soolo<br>

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