John Ransom

I believe in America and the American way.

Unashamedly and unreservedly.

It’s been fashionable the last few years, in circles both on the Right and the Left, to talk about Europe and China as world leaders on par with the United States.

As leaders, neither is even close to the United States.

Some advocate that we should be more like Europe and China; that we should “invest” more of our money in fashionable and splashy projects, like solar power, as they do overseas- projects that twinkle in the eye, but only glitter. 

Others abhor the global influence that Europe and China have increasingly exercised over the last decade, saying that it’s proof of America’s decline.

I reject both of these notions.

I think in a world that puts premiums on ideas, our best days are ahead of us. And you can’t talk me out of it.

In fact, I think that the way forward for Europe and China will either look a lot more like the free-market principles that conservatives around the world advocate- essentially American principles- or the progressive economies- and those of their acolytes- will be relegated to decades of stagnation and market subservience.

Just as will we in America if we continue to follow a Progressive course.

That’s the simple choice that’s before peoples of the entire world today. It’s the call to leadership that many around the globe expect that sooner or later America must answer.  

Either America will renew itself and its leadership position defending real freedoms, and by that I mean economic freedoms, or we’ll move closer to the monolith of globalism, where every country is part of the Third World, as a matter of fairness.    

We are seeing this story played out in Greece, this week, and by extension in the I.M.F.

Paul Taylor of Reuters, has it wrong in the most liberal sense of the word, when he bemoans the loss of Dominque Strauss-Kahn at the I.M.F., as if DSK’s departure is the main cause of the Euro’s trouble. 

Taylor and his band of elites couldn’t be more out of touch.

“’We are missing him terribly already,’” said a senior E.U. official at the center of the financial firefighting, writes Taylor about the European debt crisis. “’Just look at the shambles this week over Greece.’”


John Ransom

John Ransom is the Finance Editor for Townhall Finance.
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