Some cretin is giving a bizarre commentary on CNN's "Business Unusual." Basically, he's attacking the French for subsidizing their film industry. That's fine, but he's making the broader point that they need to choose between "global capitalism" and, well, I guess "not global capitalism." I get so tired of the mass delusion that's perpetuated in this country that somehow we have no tarriffs and no subsidies and everyone else does. Our farm subsidies are larger (and growing ever larger) than Europe's. Our television networks are subsidized with free spots on the spectrum. Movie production is regularly subsidized, if not by the Feds, by the various state and local governments that offer them inducements to come. We have steel tariffs. We have textile tariffs. We have agricultural tariffs. The list goes on and on and on and on...
