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Do-gooders gone bad

Bill Bonner
The Daily Reckoning
19 January, 2004

The Daily Reckoning PRESENTS: Floundering amid the shifting sands of political intrigue, "good intentions" go all too easily awry...

Regular sufferers of the Daily Reckoning will recall that we've been digging down - into this bedrock of money-grubbing capitalism - for so long, we are developing a bad back.

But today, to the relief of readers and ourselves... we move on... and sink into the Sahara of contemporary politics... where our spade sinks in more easily.

Some will say that this is the problem with politics. The sands shift so easily and readily that you can make no headway. As soon as you have dug yourself a nice little position, along comes a wind change that collapses the sides and fills it up. But that is also what makes it entertaining - at least to onlookers with an appreciation for the absurd or the sordid.

Some people are irritated by the grit of politics. Others seem to take it in and, like an earnest oyster, roll it into a gaudy pearl. Before you know it, they are so thrilled with their little jewel, they want everyone to wear it.

You will recall, no doubt, our brief mention of the Cannibal of Rotenberg. The poor man thought his anthropophagism might catch on and become the Next Big Thing... a great pearl of a program... which would solve the problems of overpopulation and undernourishment in a single slice. "The Third World is ripe for the eating," he pointed out. And if his recipe for planetary improvement had not been interrupted by the polizei, who knows what might have happened?

But now the fellow is in the hoosegow making do with hamburger. And so is another of the world's do-gooders gone bad: Saddam Hussein. We don't know much about the Butcher of Baghdad, but we imagine that his defense will be little different from that of all ex-dictators; surely he thought he was building a better world. Iraq is a wild and wacky place... with different tribes and religious groups ready to slit each others' throats. At least, that is Saddam's story; without his firm leadership, the country would have been a mess.

Riccardo Orizio makes a habit of interviewing dictators. He goes after those who have retired, been deposed... or sent to jail. His book, Talk of the Devil: Encounters with Seven Dictators, is a like a travelogue of different highways to Hell... each one of them paved with good intentions.

It is a shame that do-gooders don't set off some signal before they go bad... like a fire alarm that is running out of juice. Maybe some adjustment could be made.

But the most successful of them - such as Mussolini and Hitler - actually gain market share as they go bad. Their delusions are self-reinforcing, like the delusions of a debt bubble; the higher prices go, the more people come to believe they make sense.

We think of Il Duce. The clown thrashed around in typical leftist claptrap, looking for a program. When he finally got into office, he simply threw out the whole thing... and got a new program better suited to his ambitions: Put on silly uniforms. Strut around, telling the masses that you're recreating the glory of ancient Rome. Spend a lot of money.

So many people came to admire the man that he came to admire himself... and began to believe that his program might do as advertised. Then, he invaded Abyssinia... and the bull market in Benito Mussolini was over.

We wonder, too, at America's latest breed of do-gooder, the neo-conservatives. Is their stock rising... or falling?

"These Cold Warriors were mostly liberals of a special, ideologically zealous variety," explains an article in The American Conservative. "Many of them had come for the extreme Left. They had opposed communism because they had universalistic objectives of their own and did not want any competition. These proponents of a single model for all societies were able to form an alliance with putative conservatives, who had come to believe during the Cold War that to be conservative was always to be hawkish and assertive in foreign policy. Used to "standing up for America," these nationalistic and saber-rattling conservatives found in the cause of a better world, a new outlet for their desire to "exercise American power."

The neo-cons preach a rousing sermon of "global democratic revolution," to quote George W. Bush. There's nothing conservative about revolution, but that doesn't seem to bother anyone. The sands shift, who cares?

Of course, President Bush is probably not a neo-con himself. But he seems ready to go along with just about anything. According to former Treasury secretary Paul O'Neill, the leader of the free world even had a little trouble following the foreign policy discussions in the White House. But he's a shrewd politician who knows a good slogan when someone gives it to him and who saw immediately the advantages of attacking Abyssinia or Mesopotamia. It gave him cover to spend more than any president had ever spent... with hardly a peep of protest. Traditional conservatives were struck dumb by the audacity of it.

No do-gooder program we have ever heard of has been more ambitious than the neo-con scheme. Afghanistan, Iraq... next up are Syria, Iran and Saudi Arabia - all countries in need of "regime change," according to the neo-cons. But the program goes far beyond occupying a few hapless third world countries. These fellows think they have a panacea for everything bad; they believe they are delivering us from Evil.

The pompous absurdity of it is hardly noticed. Reagan dared to tag the Soviets as the "Evil Empire." A few years later, the empire was history.

That is why it is sometimes better to lose a war than to win one. Victory seems to bring out the worst in many people. After the Soviet threat was removed, the neo-cons found new a new source of evil... militant Islam.

"This poses a much more serious threat than the Soviet Red Army," explained Thomas L. Friedman, a cheerleader for the neo-con team, "because these human bombs attack the most essential element of a society: trust."

Thus do they "have the potential to erode our lifestyle," he continues.

You and I, dear reader, might see less danger in a handful of fanatics with plastic explosives in their pockets than in a whole arsenal of thermo-nuclear warheads aimed at us by a determined enemy. But we lack the vision of the neo-con messiahs. What they see is an almost inevitable 'clash of civilizations' between the Arab world and the Western world.

And if one is not inevitable... it will at least be likely, after they get finished throwing their weight around.

Bill Bonner
Jan 16, 2004

Bill Bonner is the founder and editor of The Daily Reckoning. He is also the author, with Addison Wiggin, of the Wall Street Journal best-seller: "Financial Reckoning Day: Surviving The Soft Depression of The 21st Century" (John Wiley & Sons), available at Amazon.

A version of this essay was first published in the Daily Reckoning.

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