Monday, May 03, 2010



The Left Loses Its Way by Abandoning 'Third Way'

It's not mentioned below but there has been a crash in Labor party support in Australia also -- where a Leftist government has proved to be a lot less conservative than it promised

Left parties are in trouble in the Anglosphere. Here in America, Democrats are doing worse in the polls than at any time in the last 50 years. In Britain, the Labor Party is on the brink of finishing third, behind both Conservatives and Liberal Democrats, in the election next Thursday.

All of which raises the question: What happened to the "third way" center-left movement that once seemed to sweep all before it? Only a dozen years ago, in 1998, President Bill Clinton enjoyed 70 percent job approval. Prime Minister Tony Blair was basking in adulation in his first full year in office.

Clinton "third way" New Democrats and Blair's "New Labor" party seemed to have a bright and long future ahead. Clinton's designated successor, Al Gore, despite some ham-handed campaigning, came out ahead in the popular vote in 2000 and lost the presidency by only some hundreds of votes in Florida. With Blair at its head, Labor won unprecedented re-election victories in 2001 and 2005.

Now, less than a generation later, both New Democrats and New Labour seem defunct. Both parties have moved well to the left. Barack Obama and Blair's successor, Gordon Brown, head governments that are running budget deficits of 10 percent of gross domestic product. Both are promoting higher taxes and expansion of government programs.

The financial crisis is one reason for the large deficits. But it is undeniable that to varying extents both Obama and Brown have pursued more statist policies than their predecessors did a dozen years ago. And it is undeniable, too, that both are in trouble with the voters.

In these circumstances, it is surprising that the pundit class is not chiding Obama and Brown for abandoning the politically successful policies of Clinton and Blair. The same pundit class is always ready to chide American Republicans and British Conservatives for not pursuing the courses that Rockefeller Republicans and pre-Thatcher "wet" Conservatives pursued with some political success a much longer time ago.

Rocky and the wets supported a continuing expansion of government and maintaining the power of labor unions. But a British party last won an election on that platform in 1974, 36 years ago, and no American president has been elected on such a platform between 1964 and 2008. And with Democrats plunging in the polls, Obama's election is beginning to look like an exception that proves the rule.

Americans may have voted for "hope and change," but not in the form of the 2009 stimulus package and the 2010 health care bill.

Looking back in history, the Rockefeller Republicans chose their course because they believed their party could not beat New Deal Democrats except by moving some distance toward their philosophy. And in particular, they believed they could not beat Democrats in New York, which in the first half of the 20th century was both the nation's largest state and one of the politically most marginal.

But by the early 1960s, New York was no longer the nation's largest state and was safely Democratic. And by the early 1970s, Americans were no longer voting for big government. The Rockefeller strategy was rendered obsolete.

It's not clear that the Clinton New Democratic strategy is similarly obsolete. Clinton calculated that Democrats could not win except by making inroads in the South and by making big gains in the suburbs. That's how he won twice, and Obama improved on his leads in the suburbs and carried three Southern states with Northern-accented suburbs (Virginia, North Carolina and Florida).

But Obama ran well behind in eight Southern-accented and Mountain states that Clinton carried in 1992. And polling now shows Democrats weaker than Obama was in 2008 virtually everywhere except in university towns and the affluent precincts of metro New York, Los Angeles and San Francisco.

Similarly, in Britain polling has shown Brown's Labor party holding its traditional redoubts in declining industrial towns but getting shellacked in the affluent suburbs where Tony Blair's New Labor thrived.

The left parties have reacted to their unpopularity by playing the race card. Democrats have tried to portray tea partiers as racist, and Brown called a lifelong Labor voter who questioned his policies a "bigoted woman."

Blaming the voters is the last resort of a party in trouble. Old Labor and the Obama Democrats may not yet be finished. But they're not doing as well as their "third way" predecessors.

SOURCE

************************

States Reluctant to Swim in National High-Risk Pools

Obamacare aims to insure the uninsured. To do that, the law bars insurers from denying coverage to people with pre-existing conditions—but not until 2014. In the meantime, the law calls for a national high-risk pool to offer coverage to the otherwise “uninsurable.”

Under the new law, an important deadline looms. By Friday, states must declare whether they will help implement the new risk-pools for their citizens, or if they’ll just let the U.S. Department of Health and Human Services do it for them.

Many states have taken one look at the financial outlook for these pools and run the other way—with good reason. Obamacare gives HHS $5 billion to administer the pools from now until 2014. However, the chief actuary of the Centers for Medicare and Medicaid Services reports:
“…the creation of a national high-risk insurance pool will result in roughly 375,000 people gaining coverage in 2010, increasing national health spending by $4 billion. By 2011 and 2012 the initial $5 billion in Federal funding for this program would be exhausted…”

So federal funding for the pools may run out two years early. That could leave states stuck with the entire bill a year or two down the line if they help create the pools today.

Politico reports that HHS promises that won’t happen. But states aren’t buying it. Georgia Insurance Commissioner John W. Oxendine says state legislators won’t implement a high-risk pool because it would “ultimately become the financial responsibility of Georgians in the form an unfunded mandate.” Officials in Kansas, Louisiana and elsewhere have similarly dug in their heels on the issue.

The risk pools are just one way in which the architects of Obamacare passed costs on to states to maintain a tenuous claim that the legislation was “deficit-neutral.” The expansion of Medicaid will cost states billions in the long run, since federal matching rates will decrease in future years.

Similarly, to increase access to care for Medicaid beneficiaries, Obamacare raises federal reimbursement rates for primary care physicians—but only for two years. After that, doctors will either receive the same low payments they do now, or the states will have to pick up the cost.

Of course, advocates of Obamacare can argue these really aren’t unfunded mandates on the states. After all, the states can refuse to pick up the tab when the feds leave the table. In that case, though, the financial shell game ends, and the whole Obamacare scheme falls apart.

SOURCE

************************

Son of bin Laden has different views

It is after midnight when Osama bin Laden's fourth-born son, Omar, leads me into a nightclub called Les Caves de Boys in the center of Damascus. Marked only by a small neon sign on a side street in an upscale quarter of the city, the basement bar is dark and secluded, enveloped by an air of exclusivity.

Omar brushes past the two heavyset Syrian thugs at the door and picks a booth in the back. A dozen or so wealthy Arab men are drinking whiskey and watching Russian strippers put on a show. By Western standards, the performances are tame, a succession of scantily clad women in burlesque costumes — Little Bo Peep, pigtailed schoolgirl, pole-climbing gymnast. But as Omar sips a 7 Up, he follows their every move with boyish wonder. Russian women, he tells me, are the most beautiful in the world. "It is as if their bodies are shaped with plastic, like dolls," he says.

As a teenager in the mountains of Tora Bora, Omar had been his father's chosen successor, the favored son meant to lead Al Qaeda and carry on global jihad. Then, in 2001, a few months before Osama bin Laden was to become the world's most wanted man, Omar abandoned his father's compound in Afghanistan. He left behind almost certain death for this: the world, Les Caves de Boys, life.

Now, as a dancer joins a drunken man in the booth next to us, Omar reflects on his own connection to the strippers onstage. "I have talked to these women before," he says. "I tell them my name. Sometimes they don't believe I am a bin Laden. Sometimes they get mad. They have to dance like this because their country is poor. It was my father who made Russia poor, in the war in Afghanistan. He ruined their economy. He is doing the same thing to America right now."

Omar smiles. It's a knowing and ironic look, the age of terrorism turned into a cosmic joke: Can you believe how f*cked up things are?

Past two in the morning, a statuesque dancer emerges for the grand finale. Dressed in a red rhinestone bra and panties, with a black shimmy belt and an ostrich-feather crown, she gyrates her hips as Omar watches, mesmerized. "Thank God my father doesn't run the world," Omar says, grinning.

To Omar, Osama bin Laden is neither a jihadist nor a mass murderer – he is a lost man, a fanatical father who withheld his love, beat and betrayed his children, and destroyed his family chasing his fantasy of becoming a latter-day prophet.

More HERE

**********************

ELSEWHERE

Stalinist language from a Stalinist Obama official: "boot on the neck": "Administration officials pushed back Sunday against criticism that the White House isn't acting fast enough to battle the massive oil spill creeping toward Gulf shores. "We have to prepare for the worst-case scenario here," Salazar said. "We were stepping on the neck of BP to do everything we can do" since the explosion, Salazar said. "We've been on top of this every minute." Salazar's boots kept walking on CNN, where he said, "Our job is keep our boot on the neck of British Petroleum and make sure they live up to their responsibilities."

What are they afraid of?: "A brand-new chapter dawns in the birther controversy over President Obama's hidden birth certificate. The Hawaii legislature has now officially passed a measure that would allow state officials to legally ignore each month's dozens of repeated requests by persons or organizations seeking to see the infant Obama's actual birth certificate. For personal privacy reasons the certificate resides under government lock and key in Hawaii and, as is his right, Obama has never authorized its release. That's a refusal that has only inflamed conspiracy theorists who theorize that if it's really legit, what's Obama's problem with disclosing it?"

The British PM -- a classic Leftist liar: "Stop lying, prime minister. Those are the words I wanted to hear in the leaders debate on Thursday night, or indeed at any stage during this election campaign. It simply astounds me what Gordon Brown gets away with. Take his suggestion that the Tories would take child tax credits away from the ‘poorest families.’ In fact, the Conservative plan is to get rid of the credit for families earning more than £50,000, which is more than twice the average household income. Whether it’s a good policy or a bad one isn’t the issue — the fact is that Brown was deliberately misrepresenting it. Why does no one call him out?”

The race card and the Tea Party: "The agents of the Racial Industrial Complex are rightly being reminded by the Tea Partiers that their very livelihoods rest upon the fear that whites have had of being charged with ‘racism,’ a fear that, thanks to the courage of the Tea Partiers, could very well be fading away.”

Why they hate: "What is it about the Tea Parties that sends the left into paroxysms of rage? Lewis is hardly alone with such screeching verb-less statements. The entire left, from the scribes at the New Republic to the talking heads on MSNBC, have been driven mad by a handful of relatively peaceful demonstrators. Bill Clinton warned that the waving of Don’t Tread on Me flags could lead like night into day to another Oklahoma City bombing, Harry Reid defied my spellchecker by declaring Tea Partiers to be ‘evilmongers,’ Keith Olbermann dedicated two interminable Special Comments to his indignant rage at the protesters, and Frank Rich dutifully spent week after week drawing parallels between the Tea Parties and racists of days gone by. In fairness, there’s been plenty of derision from conservatives directed at, say, anti-war demonstrators during the Bush years. But never before has an entire ideological establishment whipped itself into such a frenzy over a group of protesters. What’s going on here?”

The audacity of deceit: "Hate speech? Go read the ‘comments’ beneath any moderately conservative or libertarian online blog or newspaper column. You will find any attempt to have a calm discussion of the topics raised by the columnist — including by those ready to marshal some contrary evidence — largely drowned out by a tiny handful of shrieking, post-every-10-minutes collectivist harridans, ridiculing the sanity of anyone who dares question the grow-the-government Obama agenda, let alone calmly cite chapter and verse from Founding Fathers who intended ours to be a government of sharply limited powers.”

Zoning laws destroy communities: "Zoning laws are a violation of property rights. They destroy the sense of community in neighborhoods, increase crime, increase traffic congestion, contribute to urban and suburban air pollution, contribute to poverty, contribute to reliance in government — and, thus, reduce self-reliance — and contribute to the ruin of our schools. Most of our urban and suburban problems arose with zoning and other antiproperty laws, to which welfare programs and public housing projects have contributed.”

ObamaCare vastly expands IRS red tape: "‘Billions of more documents’ will be have to be filled out by small businesses for the IRS so that a ’spendthrift Congress can shake a few extra bucks out of’ them to pay for ObamaCare. They will have to spend countless hours to ‘gather information,’ such as about the person they buy a used car from, and the mom-and-pop landlords who lease space to them, even if the small business has to spend more money gathering the information than the IRS will collect in taxes as a result.”

Guerilla public service: "After the Los Angeles artist Richard Ankrom missed his exit off California Highway 110 one too many times, he decided to indulge in a little ‘guerrilla public service.’ Ankrom crafted three reflective sign components—a number 5, the word ‘North,’ and an arrow — and artificially aged them. He also whipped up an authentic-looking California transit authority uniform. On August 1, 2001, he shimmied out over the freeway in broad daylight and used his unique artwork to tag the tricky left exit to Interstate 5 North. For nine months, no one noticed that the change was the work of a private citizen.”

Watery broth is a perfect metaphor for the state: "The goal of government regulation is uniformity, not quality. Statists tend to equate the two; without government regulation, they maintain, businesses would simply stoop to the lowest-common denominator on product quality. Yet that’s exactly what happens when the state establishes a regulatory patent over industry standards. There’s no incentive for manufacturers to exceed the government’s mandate.”

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)

****************************

Sunday, May 02, 2010



Change is the only constancy

That certainly applies to the internet. Sites and services that are there today may be gone tomorrow. And I have certainly had plenty of that. Sites that I have up suddenly vanish overnight or become no longer updatable.

That has recently happened to my personal blog. The blog was originally intended as an occasional online diary, where I could note details and times of the various small events in my personal life -- more as a crutch for my notoriously bad memory than anything else.

But a few people do read it occasionally and it is to them that the following may be of interest.

The site has been inaccessible for updating for a week now, which is pretty long for an internet service to be "down". I was not too perturbed, however, as, with my usual caution, I also had a backup site that repeated the same content as the primary site. If the primary site was down, people could always go to the backup site instead.

I found recently, however, that the backup site was sometimes "down" too so it seemed that the time for action had come. I have now given my personal blog a new home on the internet. You can find it here. The backup site is here.

************************

The McCarthyism of the Left

The problem in America is not racism. Sure, there are cases of enmity driven by bigoted ignorance, but the greatest prejudice in this country is the now systemic painting of those who oppose policy as racists—ipso facto. We have a new McCarthyism in the nation —one that paints with a broad brush. “Are you now, or have you ever been, a card-carrying racist?”

We are witnessing the “borking” of America. Robert Bork, of course, was Ronald Reagan’s nominee to the Supreme Court in 1987. He found himself the victim of an insidious smear campaign—that worked—and his name became a verb: "To defame or vilify (a person) systematically, esp. in the mass media.”

If you’re a white person and you don’t support Obamacare—you must be a bigot. If you think global warming is an overheated issue—it’s surely racially motivated. The same goes with what is happening now in Arizona. It must be racism driving all the “hate.” The 7 out of 10 citizens of Arizona who support the recently signed immigration law must be motivated by “hate.” That whole property, safety and not wanting to overtax an already cash-strapped state with financial burdens—well, that’s just a cover.

To hear some describe it (newspapers, blogs or any hour on MSNBC), racism is all over the place and there is no defense allowed if you are accused. It’s a charge that sticks. It’s also a charge that, to an extent, works. This is why playing the race card tends these days to be the first from the deck. It has a way of stopping further discussion. It’s a tried and true intimidator.

Martin Luther King Jr. famously said something about people not being judged by the “color of their skin, but by the content of their character.” Amen! That statement rings so true. But what kind of character is represented when former ACORN president, Bertha Lewis, slanders the Tea Party movement as a “bowel movement” riddled with and motivated by “racism.” She was speaking, by the way to a group called the Young Democratic Socialists (the youth arm of the Democratic Socialists of America). Or for that matter, what kind of character was represented by the now discredited ACORN and their financial and moral bankruptcy?

It is disturbing to me that the historic election of the first black President of the United States has not led to a “post-racial” national experience, but rather it’s polarizing opposite. Are we moving toward a kind of country where speaking out and reasonable—even animated—opposition to policies and those who make them can be dismissed as merely racist and therefore irrelevant?

I do not support President Obama’s policies, but I am not a racist. I pray for the man (and other leaders) every day, by name, following the scriptural directive. I make sure to commend him when I can—for example, I thought his remarks at the memorial service for the West Virginia miners a week ago were excellent. He fulfilled one of his presidential duties—an extraordinarily difficult one (as any clergyman knows)—with grace and obvious compassion.

Mr. Obama loves his wife and children—they are truly a beautiful family. So, when I disagree with what he stands for politically I am not “hating” a man, or his “race,” I am simply exercising my rights as a citizen. But it is now clear that we have entered into a part of our national narrative, one that at first promised to be “post-racial,” that is becoming “most-racial.” The president has recently made a video for the Democratic National Committee appealing directly to (his words) "young people, African-Americans, Latinos and women,” in an effort to mobilize people to vote for his party in 2010.

How is that “post-racial?”

I implore all those on the other side of the political spectrum from today’s conservatives to resist the temptation to throw the racist flag when all that is happening is that some are voicing their disagreements to policies, the very way many of you did when George W. Bush was in office. It’s quintessentially American to disagree and speak out.

I recently heard a clergyman—someone I know and respect but strongly disagree with in this case—suggest that what Christians need to do these days is to “obey the powers that be.” This is, of course, Paul’s admonition from Romans 13 and it means that we are to be law-abiding citizens. However, the minister was using the text as a “proof text”—suggesting that speaking out or criticizing our current national leaders and their policies is a violation of scripture. Interestingly, I am not sure that text and argument were rolled out 5 years ago, but I digress.

What that clergyman—and some Americans—miss is that the “powers that be” in this nation are not merely governmental (though they are, in part), but reside ultimately in “We The People.” And we have a right to criticize and oppose and should be able to do so without heavy-handed “theologies” and broad-brush smears of racism.

SOURCE

*******************

Catholic Archbishop slanders Arizonans

The head of a nest of pedophiles faults the character of others? But he reveals his own moral faults most of all by his misrepresentations of Arizona immigration law. Go here to read a brief summary of what the law actually says. "His Grace" is both slime and a liar. No sign of Christian humility in his incendiary speech either. Quite a character

"Physician, heal yourself," said the founder of the church in which Roger Mahony is a cardinal. He is the Catholic archbishop of Los Angeles and he should heed the founder's admonition before accusing Arizonans of intemperateness. He says Arizona's new law pertaining to illegal immigration involves "reverting to German Nazi and Russian Communist techniques whereby people are required to turn one another in to the authorities on any suspicion of documentation."

"Our highest priority today," he says, "is to bring calm and reasoning to discussions about our immigrant brothers and sisters." His idea of calm reasoning is to call Arizona's new law for coping with illegal immigration "the country's most retrogressive, mean-spirited, and useless anti-immigrant law." He also says it is "dreadful," "abhorrent" and a "tragedy," and its assumption is that "immigrants come to our country to rob, plunder and consume public resources."

The problem of illegal immigration is inflaming Mahony, who strongly implies, as advocates for illegal immigrants often do, that any law intended to reduce such illegality is "anti-immigrant." The implication is: Because most Americans believe such illegality should be reduced, most Americans are against immigrants. This slur is slain by abundant facts -- polling data that show Americans simultaneously committed to controlling the nation's southern border and to welcoming legal immigration.

Paul, in his first letter to the Corinthians, said, "And now abideth faith, hope and charity, these three; but the greatest of these is charity." Mahony uncharitably judges Arizona legislators and the constituents they represent to be "mean-spirited." His evident assumption, one quite common today, is that certain ideas cannot be held by any intelligent person of good will.

But what does -- what can -- Mahony mean by asserting that Arizona's law is "useless"? He must believe either it will have no effect on illegal immigration or that any effect must be without social value. He can know neither to be true.

Late night comedians, recalling World War II movies in which Gestapo officers demand "show me your papers," find echoes of fascism in Arizona's belief that there are occasions when police officers can reasonably ask for someone's documentation. On Tuesday, Barack Obama, showing contempt for the professionalism and character of police officers, said: "Now suddenly if you don't have your papers and you took your kid out to get ice cream, you're going to be harassed."

Time was, presidents were held to higher standards than comedians. Today's liberals favor indignation over information, but lawyer Obama must know that since 1952 federal law has said: "Every alien, eighteen years of age and over, shall at all times carry with him and have in his personal possession any certificate of alien registration or alien registration receipt card issued to him."

In today's debate, the threshold question is: Should the nation have immigration laws? Until 1875, there were none. There are strict libertarians who believe there should be none. But the vast majority who do not favor completely open borders believe there should be some laws restricting who can become residents, and presumably they believe such laws should be enforced.

Once Americans are satisfied that the borders are secure, the immigration policies they will favor will reflect their -- and the law enforcement profession's -- healthy aversion to the measures that would be necessary to remove from the nation the nearly 11 million illegal immigrants, 60 percent of whom have been here for more than five years. It would take 200,000 buses in a bumper-to-bumper convoy 1,700 miles long to carry them back to the border. Americans are not going to seek and would not tolerate the police methods that would be needed to round up and deport the equivalent of the population of Ohio.

Meanwhile, hysteria about domestic fascism is unhelpful, even though it is a liberal tradition. In his 1944 State of the Union address, FDR identified opponents of his domestic agenda as fascists. Declaring that his "one supreme objective" was "security," including "economic security, social security, moral security," he issued a dire warning: Woodrow Wilson's progressive policies had been frustrated by "rightist reaction" and "if history were to repeat itself and we were to return to the so-called 'normalcy' of the 1920s -- then it is certain that even though we shall have conquered our enemies on the battlefields abroad, we shall have yielded to the spirit of Fascism here at home."

Today's hysterics are unoriginal. But they learned their bad manners from a master.

SOURCE

******************

ELSEWHERE

The insurance mandate in peril: "A ‘tell’ in poker is a subtle but detectable change in a player’s behavior or demeanor that reveals clues about the player’s assessment of his hand. Something similar has happened with regard to the insurance mandate at the core of last month’s health reform legislation. Congress justified its authority to enact the mandate on the grounds that it is a regulation of commerce. But as this justification came under heavy constitutional fire, the mandate’s defenders changed the argument — now claiming constitutional authority under Congress’s power to tax. This switch in constitutional theories is a tell: Defenders of the bill lack confidence in their commerce power theory. The switch also comes too late.”

Expatriate to El Salvador?: "In the years since the end of its civil war in 1992, El Salvador has developed an amazingly vibrant economy. There is good reason for this and Peruvian economist Alvaro Vargas Llosa describes the situation perfectly. In El Salvador people are ‘desperate to own and trade goods and services.’ Salvadorans are hard working and friendly people and here individuals from all walks of life are busy trying to get ahead. Most seem weary of politics and wish to move beyond the troubled past. El Salvador really has two economies, especially in the capital, San Salvador. One economy features upscale shopping malls and exclusive beach hotels. The other exists on the streets of the city. Despite the pressures of a worldwide economic downturn, people in both sectors are making heroic efforts in the pursuit of free enterprise.”

The creepy corporatism of Obama’s America (very reminiscent of Mussolini's Fascist Italy): "Citigroup Inc Chief Executive Officer Vikram Pandit has written President Barack Obama endorsing ’strong regulatory reform’ for U.S. banks. What’s more, Pandit wrote, ‘You can count on me and the entire Citi organization to support’ Obama’s reform efforts. Of course, the U.S. government owns 27% of Citi, so one shouldn’t be surprised at this. And even without the direct ownership, Citi has no more interest than other big coprorations heavily dependent on government regulation and increasingly at the mercy of discretionary, not to say arbitrary, government action, in antagonizing the Obama administration or Democrats in Congress — especially since the administration and the congressional Democrats have shown a willingness to go after those standing in their way. But what’s particuarly creepy about the letter is the phrase, ‘and the entire Citi organization.’”

Reasoned discussion through slander, insults and ridicule?: "A couple of days ago I came across a rather odd attack on libertarians. I’m used to such attacks myself. After so many years actively involved in libertarian circles I’ve seen them all. But this one struck me as particularly bizarre, though typically inaccurate. Two things were odd to me. One was that the article, by Jim Taylor, was posted at the website for Psychology Today, and secondly, the author claimed his ‘intentions’ were ‘curiosity and understanding rather than judgment and criticism.’ That struck me as odd because his focus was not on libertarian thinking at all but entirely on attacking, or insulting libertarians.”

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)

****************************

The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

****************************

Saturday, May 01, 2010



ACLU ROUNDUP

I would normally cover ACLU shenanigans on TONGUE-TIED but there are more than speech issues involved in the three matters below:

ACLU hatred never stops

One would have thought that the SCOTUS decision in favor of the Mojave cross was the end of a long saga but the ACLU is not giving up -- although their grounds for hope are now very slim. Below is their latest wisdom on the matter:

Yesterday’s Supreme Court ruling in the case Salazar vs. Buono — concerning a cross in the Mojave National Preserve that has been designated as a national memorial — wasn’t quite what we were hoping for, but was also encouraging in some respects. The question of whether or not the government’s sale of the land on which the cross sits to a private veterans’ organization remedies a violation of the Establishment Clause has been sent back to district court. The Supreme Court found that the lower court used the wrong legal standard in deciding to invalidate a transfer of the land on which the cross stands to private ownership. But the opinion does leave the door open to reaching a favorable outcome in the case, and, more importantly, does not preclude private citizens from challenging the constitutionality of religious displays on government property in the future.

The case, Salazar v. Buono, stems from a complaint raised by veteran and former National Park Service employee Frank Buono, who claimed that the presence of an overtly religious symbol on federal land represented unconstitutional favoritism toward a specific religion.

In 2002, while the federal district court case was pending, Congress designated the cross as a national memorial. In an apparent attempt to circumvent the Establishment Clause violation, Congress also transferred one acre of land on which the cross stands to the Veterans of Foreign Wars, with the provision that the VFW continue to maintain it as a war memorial.

The ACLU, which represented Buono in the case, will continue to argue that the transfer does not remedy the government’s unconstitutional endorsement of one particular religion. “The cross is unquestionably a sectarian symbol,” said the ACLU of Southern California’s Peter Eliasberg, who argued the case before the Court, “and we respectfully but strongly disagree with the suggestion by some members of the Court that the cross does not favor one religion.”

SOURCE

*****************

ACLU versus Arizona

The announcement below:
Today, MALDEF, the American Civil Liberties Union, ACLU of Arizona and the National Immigration Law Center (NILC) held a news conference on the House of Representatives Lawn of the Arizona State Capitol Building in Phoenix, Arizona to announce their future legal challenge to Governor Jan Brewer's recently signed SB1070. In addition, the organizations sought to address misinformation and fears that have been spreading throughout the Latino community across Arizona. MALDEF, ACLU, ACLU of Arizona and NILC leaders were joined by civil rights leaders Dolores Huerta, Richard Chavez and multi-Grammy winning artist and human rights advocate, Linda Ronstadt.

"Today, the three most experienced immigrants' and civil rights legal organizations nationwide – MALDEF, ACLU and NILC – announce their partnership, together with local Arizona-based counsel, to challenge SB1070 in court," stated MALDEF President and General Counsel Thomas A. Saenz. "The Arizona community can be assured that a vigorous and sophisticated legal challenge will be mounted, in advance of SB1070's implementation, seeking to prevent this unconstitutional and discriminatory law from ever taking effect."

"This law will only make the rampant racial profiling of Latinos that is already going on in Arizona much worse," said Alessandra Soler Meetze, Executive Director of the ACLU of Arizona. "If this law were implemented, citizens would effectively have to carry 'their papers' at all times to avoid arrest. It is a low point in modern America when a state law requires police to demand documents from people on the street."

Linton Joaquin, General Counsel of NILC, added, "This unconstitutional law sends a strong message to all immigrants to have no contact with any law enforcement officer. The inevitable result is not only to make immigrants more vulnerable to crime and exploitation, but also to make the entire community less safe, by aggressively discouraging witnesses and victims from reporting crimes."

There are a number of serious constitutional problems with the law, the groups say. It violates the supremacy clause by interfering with federal immigration power and authority. The law also unlawfully invites racial profiling against Latinos and other people of color.

"What we are witnessing today is the blatant targeting of an entire American population, Latinos," stated civil rights leader Dolores Huerta. "We must not give in one inch in Arizona's effort to blame our community for all the ills of the state or their efforts to run us out. We have worked this land, built and maintained these buildings and sacrificed as much as any other. We must put an end to SB1070."

"My family, of both German and Mexican heritage, has a long history in Arizona. It has been our diverse and shared history in this state that unites us and makes us stronger," stated Linda Ronstadt. "What Governor Brewer signed into law last week is a piece of legislation that threatens the very heart of this great state. We must come together and stop SB1070 from pitting neighbor against neighbor to the detriment of us all."

SOURCE

The nature of the Arizona law is very misleadingly stated, of course. Go here to read a brief summary of what the law actually says. Note particularly that "The law only allows police to ask about immigration status in the normal course of “lawful contact” with a person, such as a traffic stop or if they have committed a crime" so it is NOT racial profiling

The law was also very carefully drafted to avoid legal challenges that have succeeded in the past so it is only the ACLU's unwavering hate of America that gives this challenge legs. The legal grounds stated above have been fully taken into account.

******************

Amusing: ACLU versus Obama

The latest ACLU emission below
The American Civil Liberties Union today sent a letter to President Barack Obama urging him to reject his administration's reported authorization of a program under which suspects, including American citizens, can be targeted, hunted and killed far away from any battlefield.

According to the letter, signed by ACLU Executive Director Anthony D. Romero, the use of lethal force outside of armed conflict zones is strictly limited by international law, and at least in some circumstances, the Constitution, which permit lethal force to be used only as a last resort and only to prevent imminent attacks that are likely to cause death or serious physical injury. The program is reportedly based on "kill lists" to which the names of U.S. citizens and others are added after a secret internal process.

"A program of long-premeditated and bureaucratized killing is plainly not limited to targeting genuinely imminent threats. Any such program is far more sweeping than the law allows and raises grave constitutional and human rights concerns," wrote Romero.

In addition to spelling out the reasons the targeted killing program is illegal, the letter points out that such a program risks the death of innocent people: "Over the last eight years, we have seen the government over and over again detain men as 'terrorists,' only to discover later that the evidence was weak, wrong, or non-existent…This experience should lead you to reject out of hand a program that would invest the CIA or the U.S. military with the unchecked authority to impose an extrajudicial death sentence on U.S. citizens and others found far from any actual battlefield."

SOURCE

What they are talking about is strikes via unmanned Predator drones on terrorists in Pakistan. But in his election campaign Obama specifically promised to strike at terrorists in Pakistan. So I think the ACLU is pissing into the wind on this one.

********************

Democrat promises are not worth the paper they are written on

Conservatives really need to believe that Leftists mean it when they say, "There is no such thing as right and wrong". But the Left will gradually reap as they sowed when nothing they say will in future be trusted. They are steadily destroying basic standards of civility

It must be tough being a Senate Republican these days. There really is no deal that can be reached with Senate Democrats that can be trusted, no law passed that won't be broken, and no compromise reached that won't be betrayed. Nothing is sacred anymore, especially the word of a Senator.

On Wednesday, after being assured that by Senator Chris Dodd (D-CT) that provisions for an unlimited bailout-takeover fund would be removed from his legislation, Senate Republicans lifted their objections to bringing the financial takeover legislation to the floor of the Senate.

In a statement, Senator Richard Shelby (R-AL), who had been engaged with deliberations with Dodd, said, "I appreciate Chairman Dodd's assurance that my concerns relating to ending bailouts will be included in his bill. I take him at his word."

Apparently convinced that a major breakthrough had been achieved, Senate Minority Leader Mitch McConnnell (R-KY) issued a statement saying, "The time afforded by my Republican colleagues and Sen. Ben Nelson was instrumental in gaining assurances from the Chairman that changes will be made to end taxpayer bailouts and the dangerous notion that certain financial institutions are too big to fail."

Only there's a big problem with this approach. Dodd never removed the bailout provisions. They're still in there, on pages 277 through 284 of the substitute amendment offered by Senators Dodd and Blance Lincoln (D-AR), there is the unlimited bailout-takeover authority and fund administered by the FDIC.

At least Dodd had the courtesy to betray Shelby to his face, on the Senate floor. After Republicans lifted their objections to proceeding to debate, thinking they had a deal to remove the bailout provisions, Dodd promptly took to the floor to say, "We haven't sealed anything, but we've had great conversations as two people of good will can have that I think will allow us to get there."

And then, Dodd only promised to allow Republican amendments to be heard and debated. So much for his word!

Of course this is not the first time where the trust of Congressional Republicans has been betrayed when it comes to the never-ending bailout regime in Washington.

Don't forget the grand compromise that brought House and Senate Republicans on board to the 2008 bailout. That "compromise" included in the Troubled Asset Relief Program was some form of an insurance program for so-called toxic assets. That part of it was never even enforced by either the Bush or Obama Administrations even though it clearly was stated in the law.

The $700 billion program was supposed to purchase mortgage-backed securities, but as noted by the Washington Times, only $30 billion was ever devoted to the purchase of the securities. Instead, the money wound up being used as a bank recapitalization fund for which is was never intended. Most of that money was promptly paid back, as apparently the banks that were "bailed out" were well-capitalized after all.

Banks and financial institutions instead opted to use a Federal Reserve program, which was never authorized by Congress, and lacked the same level of disclosure and oversight as TARP. The Fed wound up purchasing some $1.25 trillion of Fannie Mae and Freddie Mac's mortgage-backed securities.

Is that what Congressional Republicans intended? Probably not. But that wasn't the end of it. After the Senate explicitly defeated a bailout for GM and Chrysler using the TARP, then-President George Bush went ahead and extended the loans anyway to the bankrupt automakers from the Treasury program.

After that, Barack Obama abused the government ownership of the two companies to redistribute their ownership from the bondholders who kept them afloat to the labor unions that had put them in the red in the first place.

These experiences, by now, should be highly educational for the Senate Republican Caucus.

More HERE

***********************

NASA has entered the era of nothing

At the end of this year a new era will dawn at NASA. It will mark a first-ever period for our civil space program – the era of nothing. Since its inception, even if it has only been through fantastical imagery, NASA always had, ‘the next thing.’ In the beginning there was the X-15, then Mercury, Gemini and Apollo Programs. Near the end of the Apollo Program it was announced that the shuttle program had been approved and would be moving forward.

With the loss of space shuttle Columbia in 2003 it was decided that the next thing would be a return to the old thing – manned space exploration. This was supposed to come in the form of the Constellation Program, a byproduct of the ‘Vision for Space Exploration’ with its moon, Mars and beyond philosophy. Then President Barack Obama came into office and changed all that....

So President Obama can talk vaguely of going on to Mars and the asteroids all he likes, his plan in its current state, leaves America with neither the hardware to do it nor, (after they are laid off) the workforce to build it. Even some of the most despised presidents in American history, Richard Nixon and George W. Bush left us with manned space programs, (the shuttle and Constellation Programs respectively). Obama, just a little over a year in office has not only given us nothing, he has taken away the little we had.

More HERE

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)

****************************

The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

****************************

Friday, April 30, 2010



Welcome to Mr. Obama's fascist America

He betrays the influence of a famous Nazi philosopher, Martin Heidegger. And Heidegger is not the only Nazi philosopher now beloved of the Left. Carl Schmitt is another

President Obama is inciting racial division. He rightly fears that the Democrats will suffer huge losses in November's midterm congressional elections. Republicans are within reach of retaking control of the House of Representatives. Even the Senate may be in play. His party's grip on power is threatened - and with it, Mr. Obama's radical socialist agenda.

Fear breeds desperation. Hence, Mr. Obama is resorting to the worst kind of demagoguery: playing the race card. In a video to Democrats, the president embraced identity politics; black, Hispanic and female voters are to be courted at the expense of white middle-class America.

"It will be up to each of you to make sure that the young people, African-Americans, Latinos and women, who powered our victory in 2008, stand together once again," he said.

Mr. Obama conveniently ignored the large chunk of white voters - suburbanites, latte-sipping professionals, environmentalists, labor union members - who voted for him in huge numbers. For Mr. Obama in the 2010 election, whites no longer matter - especially white Christian males.

In recent memory, no president has so deliberately and publicly sought to pit racial and gender groups against each other. The president is not simply the titular head of a party or the leader of government. He is the head of state and embodies the collective will of the American people. He is the president of all Americans - not just certain segments of his electoral coalition. Mr. Obama's rhetoric is reckless. It is fostering civil strife and racial animosity.

Imagine the media uproar had President George W. Bush, for example, in 2006 called for "whites, Southerners, Christians and veterans" to vote for the Republican Party. Mr. Bush would have been excoriated (rightly) for racist and sectarian pandering.

Mr. Obama is fracturing America. He is calling on the primacy of race and gender in order to perpetuate his national socialist revolution. He is championing a revanchist tribalism - the politics of grievance and racial victimology that undermines our common national identity. Just like his old pastor, the Rev. Jeremiah Wright, Mr. Obama is an anti-American, virulent race-baiter.

Instead of seeing Americans, he classifies people according to their race and gender. Modern liberal identity politics is rooted in fascist doctrine. The most influential philosopher of the 20th century was Martin Heidegger. His 1927 classic work, "Being and Time," is widely acknowledged as profoundly influencing Western thought - especially the academic left and its embrace of postmodernism. It's the very culture from which Mr. Obama - by his own admission - comes.

The German thinker developed the theory of the primacy of race, blood and group identity in a secular, relativistic world. Heidegger rejected eternal Judeo-Christian principles of moral absolutes. Instead, he called for the will to power through racial communities and tribal solidarity. Heidegger adamantly opposed democracy, capitalism and market-oriented growth - denouncing them as unjust and oppressive.

What is conveniently ignored is that Heidegger also was a passionate Nazi. He admired Adolf Hitler. He was a member of the National Socialist Party. Heidegger believed that fascism - with its racialism, neo-paganism, economic corporatism, worship of state power, rabid environmentalism and hatred of Western civilization - represented the true future. Sadly, he may have been right.

Today's Western liberal elites are Heidegger's heirs. For decades, the American left has been obsessed with race, class and gender. It despises America's national heritage and common culture. The Founding Fathers' dream of a republic based on limited government and rugged individualism, the Constitution, the notion of American exceptionalism, our roots as an English-speaking, Christian civilization based on a distinct national identity - these idols must be smashed in the name of progressivism.

Contrary to conventional wisdom, Mr. Obama's presidency is not simply about erecting European-style social democracy. It is more insidious and dangerous than that. It is an attempt at establishing a liberal fascist regime - Heidegger meets Jane Fonda.

The results are similar to what exists in other fascist states: a pliant dominant media, greater government control over all aspects of national life, a bloated public sector, economic sclerosis, a corporatist economy, permanently high unemployment, crushing taxes, a hostility to Jews (Israel), a growing intolerance to dissent, the demonizing of critics and an irrational cult of personality.

The most distinctive characteristic, however, is the incitement of racial conflict. Fascism thrives on fomenting ethnic divisions and hatred, targeting internal race enemies to galvanize supporters behind their leader.

This is what Mr. Obama is doing today. He and his Democratic allies have deliberately fanned the flames of racial tensions over Arizona's immigration law.

The state statute does nothing more than empower local police to enforce existing federal immigration laws. Overrun by Mexican drug cartels, a soaring crime wave and many illegal migrants, Arizona's authorities are taking action to protect the border in the wake of federal government inaction. The state's comprehensive immigration enforcement law is simply patriotic common sense and self-defense. [See here for details of what the Arizona law does and does not do]

Mr. Obama, however, has blasted it as "misguided." The liberal media is comparing the law to Hitlerism, a form of apartheid and white supremacy, supposedly for its racial profiling of Hispanics. The Rev. Al Sharpton is leading an economic boycott of the state. The attack on Arizona's immigration law is an attempt to frighten Hispanics into believing that white Arizonans are seeking to impose a racial caste system. It is deliberately playing the races against one another to help Mr. Obama get higher voter turnout among minorities in November.

The consequences are the gradual Balkanization and breakup of America. The mainstream media refuses to report on one overriding reality: Racial violence has broken out in protest of Arizona's law. Gangs of Hispanic protesters in Arizona have been throwing rocks and bottles at police, spitting at them and denouncing them as "pigs." Massive rallies are planned across the country this weekend to demand amnesty for illegal aliens. Event leaders will use Arizona's law as a rallying point to channel ethnic anger and rage.

Mr. Obama is fueling greater ideological, political and racial polarization. Not since the Civil War have Americans been so divided. He is laying the groundwork for a possible race war. Welcome to Mr. Obama's fascist America.

SOURCE

***********************

Obama threatened by heckuva glob

The rapidly expanding environmental catastrophe caused by the oil spill off the coast of Louisiana is presenting a growing political challenge to the Obama White House, with Mr. Obama and his aides at pains to defend the response and forestall comparisons to the Hurricane Katrina crisis.

Nine days after British Petroleum's Deepwater Horizon oil rig blew apart and began spewing 5,000 barrels of oil a day into the Gulf of Mexico, a massive oil slick is set to wash ashore on the southern coast Thursday evening and, experts say, could dwarf the damage caused by the Exxon Valdez oil spill in Alaska.

Failure to get control of the relief effort and contain the environmental challenge could pose the same kind of political threat to Mr. Obama's popular standing that the much-criticized handling of the aftermath of Hurricane Katrina did for former President George W. Bush. And unlike Katrina, it is likely the federal government will be the clear lead authority in dealing with the BP spill.

But Mr. Obama only Thursday dispatched Homeland Security Secretary Janet Napolitano, Interior Secretary Ken Salazar and Environmental Protection Agency administrator Lisa Jackson to help coordinate the federal response to the potential environmental disaster.

More HERE

*********************

Obama Helped Kill Immigration Reform In 2007 - Will Media Remember?

Blacks and Hispanics tend to be hostile to one-another so this figures -- and confirms Obama's race bias

With immigration reform back on the front page thanks to Arizona's new controversial law, it's going to be very interesting to see how the Obama-loving press report what he did concerning this issue when he was a junior senator from Illinois in 2007.

For instance, David Broder's "How Congress Botched Immigration Reform" published in Thursday's Washington Post didn't even mention Barack Obama's name. This seems particularly odd given this paragraph (h/t Jennifer Rubin):
But once the bill hit the floor, it was attacked from both flanks. The most conservative Republicans -- Jim DeMint of South Carolina, David Vitter of Louisiana and Jeff Sessions of Alabama -- led the assault. They were joined by some civil libertarians and allies of organized labor who were dissatisfied with the bill's protections for guest workers. Democrat Byron Dorgan of North Dakota repeatedly tried to gut the guest-worker program before finally succeeding by one vote on his third effort.

Broder curiously chose to ignore the fact that Barack Obama was, for all intents and purposes, the fateful deciding vote as reported by the late Robert Novak in June 2007:
Democrat Byron Dorgan, who seldom has tasted legislative success during 15 years in the Senate, scored a dubious victory last week. He was able to insert a poison pill in the immigration reform bill that aimed at emasculating the essential guest worker program. The 49 to 48 vote that passed Dorgan's amendment included surprising support from two prominent first-term senators: Jim DeMint, a conservative Republican from South Carolina, and Barack Obama. [...]

The Dorgan amendment is a classic poison pill: designed to kill, not improve, the bill. Its passage makes resurrection of immigration reform all the more difficult. Decisive votes by DeMint and Obama were not appreciated by the bipartisan group that had crafted the bargain intended to secure America's borders while permitting an orderly flow of temporary workers. [...]

Obama's vote for the poison pill was unexpected because he had participated, uninvited, one time in the bipartisan negotiating process. He had demanded and won a provision permitting immigrants to stay on the job after being designated "not employable" by the government under the new system until their appeals were exhausted. Obama's support for the Dorgan amendment then infuriated Republicans in the negotiating group who had opposed the concession to the presidential candidate.

More HERE

******************

Obamacare Officially Exposed as Fraudulent

When signing his health reform bill in March, President Obama promised it would “bring down health care costs for families and businesses and governments”. Now, rigorous analysis by top officials in his own administration exposes the president’s promise as a fraud.

The chief Medicare actuary declares that “overall national health expenditures under the health reform act would increase by a total of $311 billion”. Moreover, within five years of implementation, the plan will cost employers $87 billion in penalties for failing to provide government-approved insurance. Despite crushing costs, and the likelihood of Medicare cuts “jeopardizing access to care,” 23 million Americans will still be uninsured nine years from now. If these numbers from the Department of Health and Human Services had been available before final House votes, it’s doubtful Congress would have approved this ill-conceived initiative.

SOURCE

********************

BrookesNews Update

The US could be facing more of a downturn than a recovery : If the sudden spurt in the money supply turns out to be merely a spike then monetary policy will remain tight. We can therefore expect industrial production to continue to slowdown. On the other hand, if the money supply is indeed rapidly expanding then things will eventually turn very nasty
Will China's demand for resources drive up interest rates? : Glenn Stevens worries that a new conservatism among consumers might counter the growth from the mining boom. He just cannot free himself from the fallacy of consumer spending driving the economy. In reality consumer spending is only about 1/3 of total economic activity
Ken Henry's dangerous fallacy of taxing "imputed rent" : Treasury has floated the idea of taxing the imputed rent that homeowners obtain. Apart from the fact it would amount to a massive rise in income taxes for those who bought their own homes, it is also a fallacy. People why buy their homes do not earn a rent, thought they can most certainly obtain a capital gains. As expected, our free marketeers once again failed to rise to the occasion. They did the same thing with the fallacious resource rental tax, failing to see that there is no such thing as economic rent
Why does George Soros bite hand that feeds him? : George Soros is at it again: do one thing and advise others to do the opposites. This hypocrite can be called many things but never Mr Integrity"
The fight-back begins: An uprising from the moguls of enterprise threatens to disrupt, if not demolish, Obama's fake green plans for the world. The Sierra Club and other socialist despots have been bringing 'vexatious and frivolous' law cases against normal businesses for a long time, with Democratic approval. Al Gore used the same tactic in his run-up to the vice presidential elections. The Democrat rat-pack did the same recently to Sarah Palin, bringing malicious and unfounded accusations against her
Gloria Estefan:‘Our Gloria' Betrays Cuban Fans, Jumps On Obama Bandwagon : Will a flurry of entrepreneurism like the one that propelled the Estefans and so many of their fellow refugees to prosperity be possible under the enterprise-stifling conditions Obama and the Democrats are installing at breakneck speed? Many doubt it. Gloria and Emilio Estefan's fundraiser is helping those who traditionally pull up the ladder after themselves
My liberal friend : That across the nation, friends are being pitted against friends, families dividing along partisan lines and Americans are being encouraged to resent anyone perceived as having more than their (fair) share of the pie is the result of the left's totalitarian impulse to crush any kind of dissent

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)

****************************

The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

****************************

Thursday, April 29, 2010



British Labour Party meltdown

Leftist hypocrisy exposed

GORDON Brown prostrated himself as a "penitent sinner" yesterday after a brush with a voter triggered a calamitous chain of events that threatened to derail Labour on the eve of tonight's pivotal TV debate.

The Prime Minister spent an unscheduled 45 minutes inside the terraced house of Gillian Duffy apologising to the Labour-supporting widow for insulting her behind her back.

His muttered description of her as a "bigoted woman", picked up by a microphone as he drove off from their combative but apparently friendly encounter, plunged Labour's high command into its most serious crisis of the campaign.

Instead of pressing the party's record on the economy before tonight's final trial by television, the election machine was reduced to desperate firefighting as Lord Mandelson led a series of cabinet ministers on to the airwaves.

The Business Secretary said that Mr Brown had been wrong to criticise the pensioner, whose mistake, on her way to buy a loaf of bread, had been to buttonhole the Prime Minister over the deficit, immigration and student debts.

A mortified Mr Brown issued six apologies over the next six hours, including one by e-mail to Labour supporters for letting them down. Despite saying sorry to Mrs Duffy over the telephone, he ignored aides and insisted on driving back to Rochdale from Manchester, abandoning his preparation for tonight's third and final leaders' debate, to atone in person for his blunder.

He emerged from her house smiling fixedly, saying that he had misunderstood her earlier words. But a more telling image showed him in a Manchester radio studio earlier, head in hands, the full horror of the episode dawning as he listened to a tape of his remarks.

The ghastly unfolding seemed unlikely when the pair parted on apparently good terms after a five-minute conversation in the street. Mr Brown told Mrs Duffy that it had been "very good" to meet her and she told journalists that she had found him "nice" and that he had won her vote.

But within seconds Mr Brown could be heard - courtesy of a Sky News microphone that he had worn for his walkabout - declaring their meeting a "disaster", blaming aides for putting him in such a position, and describing Mrs Duffy as "a sort of bigoted woman". He concluded, days into a new campaigning style in which he meets more real people: "It's just ridiculous."

His reaction was apparently sparked by a comment on immigrants, when she said: "All these Eastern Europeans what are coming in, where are they flocking from?"

SOURCE

**********************

Obama's regulatory disaster

Putting the smackdown on banks will further harm the economy

President Obama rails against Wall Street to score populist political points. But when the smoke clears from all the demagoguery, the financial regulations he is pushing will result in fewer loans, more costly credit and individuals facing more risk.

Contrary to the president's talking points, the proposed regulations will not prevent "a second Great Depression." In fact, the problems that created America's recent financial troubles have been ignored in pending legislation. Nothing is being done to reform government-backed lenders Fannie Mae and Freddie Mac despite their history of fraud and responsibility for taxpayers being saddled with $400 billion in bailouts. Mr. Obama won't even discuss changing government regulations that forced banks to make risky mortgages.

Given Mr. Obama's continued bashing of the free market, it's hardly surprising that the Democrats' regulations run counter to how markets operate. A good example is the "Volcker rule" to limit the size of banks, which is one of Mr. Obama's five "key proposals" for new financial regulation. What the president never addresses is why some banks become large. He seems to assume it's because they are just lucky or have been up to no good.

There are more rational explanations that determine bank size. Companies grow because they offer better services than their competitors. Larger banks can provide services at a lower cost. Big loans frequently necessitate the involvement of multiple banks working together, which requires complicated negotiations; large banks can handle larger loans and sometimes avoid such extra costs. Limiting bank size means these efficiencies will be lost. As a result, there will be fewer loans, and their costs will increase.

There is similar danger in Mr. Obama's proposal to "bring derivatives and other complicated financial instruments out of the dark" by forcing them to be traded on registered exchanges and approved by regulatory bureaus. This idea ignores why firms and individuals make deals between themselves rather than doing everything through exchanges. Derivatives often provide insurance to investors. Farmers trade in derivatives when they sell crops harvested in the fall before they are planted. By doing so, they know how much to plant and how much they will get paid, thus avoiding price risk. Many firms do the same thing.

Simple deals between companies often make more sense than having to deal on an exchange. If government forces companies to go through a regulatory process for every transaction, they won't do it as often and they won't be benefiting from the insurance they otherwise would have gotten.

Mr. Obama is trying to put bureaucrats in the corporate driver's seat by regulating every aspect of business. Government has neither the expertise nor the incentive to run companies correctly, and government surely can't keep politics out of its decisions. These general rules apply even more to banks, whose performance can be greatly manipulated through regulatory tinkering. No matter how Democrats spin their power grab in the banking sector, making the financial system less efficient means higher costs for American consumers.

SOURCE

**********************

The Left's Favorite Bank

In the ubiquitous echo chambers of the left, the embattled Goldman Sachs is being falsely characterized as both Republican-friendly and a symbol of free-market corruption.

Of course it's pure nonsense that has been eagerly lapped up by those who want to believe the worst about Republicans, capitalism, and America itself. The Securities and Exchange Commission lawsuit against Goldman for securities fraud was filed just in time for the bank to bend over for a televised spanking in Congress.

But Goldman, which engages in the ritual of public self-flagellation from time to time on advice of counsel, is the best friend that Democrats and leftists ever had on Wall Street. Its alumni and enablers have pushed faddish, left-wing, pro-Big Government policies for as long as I've been a journalist.

Goldman's business model is simple: the bigger and more stifling government gets, the more profit Goldman makes.

Why would a highly profitable company -- it made a staggering $3.46 billion in the first quarter– --want more regulation unless it stood to benefit from such assaults on the marketplace?

Because laissez-faire is anathema to Goldman. The high-flying bank abhors free markets with a Mussolini-like zeal. Like Il Duce and his less thuggish imitators in the welfare wasteland of modern Europe, Goldman stands for centrally managed markets, provided that it gets to make the rules.

Goldman thrives on complexity and backroom dealing. It reaps huge profits from regulations that place its smaller, less politically nimble competitors at a disadvantage.

So it should surprise no one that Goldman favors increased regulation of the economy as a matter of policy, including President Obama's Wall Street takeover bill which virtually mandates bank bailouts in perpetuity. Goldman CEO Lloyd Blankfein told reporters yesterday, "The biggest beneficiary of reform is Wall Street itself."

Blankfein echoed one of his colleagues. "We're not against regulation," a Goldman official told the Politico last week. "We're for regulation. We partner with regulators."

As the Washington Examiner's Timothy P. Carney noted, in a teleconference call for reporters last week Goldman officials affirmed no fewer than three times during the call that the company wants more federal control.

Regurgitating pious catch phrases and politically correct slogans, Goldman supports disastrous Big Government policies, including corporate bailouts, economy-killing carbon emission controls, and the financial affirmative action law known as the Community Reinvestment Act.

Through its charitable arms, the bank has lavished money on its liberal friends. Those of Goldman's donations that can be said to have an ideological dimension go almost exclusively to causes on the left.

Here are just a few:

Wildlife Conservation Society ($36,770,562 since 2004 – $35 million of it in real estate); United Nations Association of the USA ($1,000,000 since 2002); Planned Parenthood ($650,200 since 2003); National Urban League ($250,000 since 2000); Brookings Institution ($175,000 since 2003); Urban Institute ($175,000 since 2001); William J. Clinton Foundation ($167,300 since 2007); People for the American Way ($166,667 in 2007); Center for American Progress ($105,000 in 2007); Tides Foundation ($50,000 in 2007); Jesse Jackson's Citizenship Education Fund ($25,000 in 2007); and National Public Radio ($25,000 in 2007).

Despite periodically inviting a few Republicans along for the ride -- fake conservatives such as the tree-hugging Bush Treasury Secretary Hank Paulson -- Goldman is at home on the left side of the political spectrum.

More HERE

***********************

ELSEWHERE

Chris Dodd’s carve-outs for cronies: "The financial-regulatory bill now before the Senate is so filled with special-interest loopholes and exclusions that it makes the health-care ‘reform’ bill, with its ‘Cornhusker Kickback’ and ‘Louisiana Purchase,’ look like a model of rectitude. The Senate bill, sponsored by Democrat Chris Dodd, claims to subject all ‘too big to fail’ institutions to greater federal supervision, but in fact it only mandates such regulation for bank-holding companies. Regulators would have to make a case-by-case decision on whether to apply it to other financial companies. That’s no minor oversight, because insurance companies, like AIG, tend to have thrift charters rather than bank charters. So, as the bill stands now, AIG and other insurers that accepted massive bailout funds, such as The Hartford, would not be automatically covered. That’s a head-scratcher only if you forget that most insurance companies reside in Dodd’s home state, Connecticut.”

Sweet sixteen: "After more than a month’s worth of polling, this much is clear: Americans want Obamacare to be repealed, and they’ll reward the political party that strongly champions that cause. Over the five-week span since the Democrats passed Obamacare, which they did so in clear and open defiance of the American people’s will, Rasmussen’s poll of likely voters has shown that Americans favor repeal by 16 points (56 to 40 percent) — more than twice the margin by which President Obama was elected.”

Abolish municipal unions: "Sooner or later, the Devil always overplays his hand. In the current crisis of public employee unions bullying cash-strapped governments, that is a good thing. Politicians and the public now see the vice-like control of the unions. Government at all levels is in dire financial need as a result of extravagance, mismanagement, and political cowardice. Paradoxically, public employees enjoy pensions, health benefits, sick pay and salary levels that are the envy of their private sector counterparts. The two problems are related. … So what to do? Answer: Level the playing field by outlawing unions for public employees.”

Everyone prospers with free trade: "Trade is win-win. Two people trade only because each values what he gets more than what he gives up. That’s why in a store both customer and clerk say, ‘Thank you.’ But when an international barrier is established, people forget that obvious truth. President Obama started a ‘trade war’ with China over cheap tires they want to trade with us. That is lose-lose. My colleague at Fox, former Gov. Mike Huckabee has said a country can only be free if we can feed ourselves, fuel ourselves and fight for ourselves … when we start outsourcing everything, that’s a road to being enslaved. In fact, as China learned, such self sufficiency is a road to stagnation.”

Parking lots teach a lesson: "I was driving across a parking lot recently and I realized that just about everyone, including me, considers the signs and striping in a parking lot to be a suggestion, rather than an order. Yet, while accidents do happen, they are fairly rare. Nothing at all like the ‘chaos’ that is predicted by people who think there needs to be a cop on every corner.”

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)

****************************

The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

****************************

Wednesday, April 28, 2010



Collapse of a republic

A constitutional republic that had endured for centuries was now breaking down. The signs were everywhere.

Constitutional limits on political power were dissolving; politicians were increasingly demagogic and unrestrained. Magistrates secured the passage of sweeping laws by evading normal legislative procedures.

Large portions of the citizenry now depended on plunder seized by those politicians and distributed to their supporters. The recipients, in turn, submissively voted for their masters at election time.

Many citizens who didn’t want the plunder were forced to seek it, due to economic distress created by the politicians themselves. Prices rose steeply, the economy was flooded with new currency. Masses of imported foreign workers made it more and more difficult for citizens independently to support their families. Government corruption, mismanagement, and foreign wars all created economic dislocations. The unemployment rate was shockingly high.

Unscrupulous intellectuals promoted the rush to dependency with trendy rationalizations for demagogy and vice. Standards of responsible behavior were replaced by hedonism, and a scramble of all against all.

Towering above the squalor were a few truly great statesmen. They identified the trends. They warned that unless citizens took corrective action at once, liberty would be lost. Those statesmen were much respected, but too-little heeded. In the end, liberty was lost.

Such were the last years of the Roman Republic: the death of limited and balanced government, and the imposition of imperial rule.

Those years comprise one of the most studied eras of the past. And with good reason.

The Roman Republic was the longest-lived major republic in human history. It lasted nearly five hundred years. Despite its many flaws, it had become an astounding success. Under few governments had ordinary citizens enjoyed as much personal and political freedom as in Rome - or living standards as high, or as much opportunity for building a better life. Roman citizens responded with a civic spirit that enabled the republic to survive repeated mortal threats. Eventually, Roman influence and Roman power were felt throughout the known world.

Yet in the end, that republic died.

Our American Founders were fascinated by the story of the Roman Republic. Their education included immersion in the Latin texts of Roman republican writers, such as Cicero and Sallust. They also read the charming histories of the Greek author Polybius, who had attributed Roman success squarely to the excellencies of the Roman constitution.

The records of our American Constitutional Convention and the debates over ratification are replete with references to the Roman experience. During the ratification debates, writers on both sides often published under Roman names. For example, Alexander Hamilton, James Madison, and John Jay wrote the Federalist papers under the name “Publius.” Last year, I visited St. Andrews University in Scotland, where James Wilson, one of our leading Founders, was educated. St. Andrews still possesses the records showing Wilson’s library withdrawals during the 1750s. His favorite topic? Ancient Rome. Wilson, like other Founders, retained that interest all his life.

History never repeats itself exactly, and parallels between America and Rome can be overdrawn. But if there were no parallels in history, then history would be a fruitless study, for we could never learn from it.

Certainly, our Founders thought we could learn from it. Again and again, they asked themselves and each other: What can we deduce from Roman success? How can we avoid Roman failures?

Our Founders embodied their lessons from Roman history (as well as from the history of Europe and America) in their Constitution. They put the document in writing, to make it clear that politicians had no power to change it without a formal amendment, as had been done with the unwritten, “living” constitutions of Britain and Rome. The Founders created a bicameral legislature and a presidential veto to reduce the risk of hasty mob action that sometimes had characterized Roman assemblies. They required that tax revenue be used only for “the general Welfare” rather than for special interests. They required that congressional laws be “proper” - that is constitutional and fair.

While the Roman government has nearly limitless authority, our Founders granted the new federal government enough power to hold the country together, but restricted that power carefully, and balanced it with the powers reserved by the states and the people. Our Founder added a Bill of Rights to further secure individual liberty. Finally, they avoided the Roman system of diffuse responsibility in favor of one concentrating responsibility for government functions among relatively few officials, so the voters would know just who had done what. The Founders would have strongly disapproved of how the modern administrative state hides responsibility from voters–such as by letting anonymous bureaucrats at the Departments of Health and Human Services write regulations which determine whether people will live or die.

The Founders’ basic purpose was to keep Americans free and personally independent, as Romans had been in the days before they lapsed into dependence on government handouts and servile submission to the cult of the Emperor.

The Founders were not omniscient, but on the whole, they were right. So long as Americans honored the rules they gave us, so long as our politicians were bound by the people’s right to liberty, and so long as citizens retained their good character and independence, our constitutional republic and our freedom endured.

When we began to behave otherwise, our own republic began to go the way of Rome.

SOURCE

************************

More Health Care "Suprises" ...

When major companies declared that a provision of the new health care law would hurt earnings, Democrats were skeptical. But after investigating, House Democrats have concluded that the companies were right to tell investors and the government about the expected adverse effects of the law on their financial results.

At issue is a section of the law that eliminates a tax break available to companies that provide drug benefits to retirees as part of their insurance coverage. The tax change, expected to generate $4.5 billion of revenue over the next 10 years, will help offset the cost of providing coverage to the uninsured.

Within days after President Obama signed the law on March 23, companies filed reports with the Securities and Exchange Commission, saying the tax change would have a material adverse effect on their earnings.

The White House suggested that companies were exaggerating the effects of the tax change. The commerce secretary, Gary F. Locke, said the companies were being “premature and irresponsible” in taking such write-downs.

Representative Henry A. Waxman of California and Bart Stupak of Michigan, both Democrats, opened an investigation and demanded that four companies — AT&T, Caterpillar, Deere and Verizon — supply documents analyzing the “impact of health care reform,” together with an explanation of their accounting methods.

The documents — hundreds of pages of e-mail messages and financial worksheets — include large amounts of data that substantiate the companies’ concerns. They have reignited a battle over the law in Congress.

Representative Joe L. Barton of Texas, the senior Republican on the House Energy and Commerce Committee, said, “From a financial standpoint, from a purely economic standpoint, many companies would be better off discontinuing health care as a fringe benefit, paying the penalty and pocketing the savings.”

In a memorandum summarizing its investigation, the Democratic staff of the committee said, “The companies acted properly and in accordance with accounting standards in submitting filings to the S.E.C. in March and April.”

Moreover, it said, “these one-time charges were required by applicable accounting rules.” The committee staff said this view was confirmed by independent experts at the Financial Accounting Standards Board and the American Academy of Actuaries...

More HERE

*********************

Government: More Incompetent than Ever

Most intellectuals support big government, and millions of people depend on it. So why, with thousands of laws, millions of employees working to carry out those laws, and trillions of dollars spent, is it in trouble?

The most popular big-government programs–like Social Security, Medicare, and Medicaid–are going broke. These entitlements account for more than half of annual federal spending. In 2009, spending on all federal entitlements exceeded all federal tax revenue. As Cato Institute economist Richard W. Rahn explained, this means “virtually all of the other government spending programs, including defense and interest payments on the debt, will be funded by more borrowing.”

The escalation of spending for the entitlements is politically unstoppable because they’re defended by powerful interest groups that benefit from them. These and other federal programs–guarantees for home mortgages, commercial bank deposits, credit union deposits, veterans benefits, import/export deals, student loans, and private and government-employee pension benefits–involve financial commitments that currently exceed $70 trillion. In addition, more than $12 trillion in U.S. Treasury debt is outstanding, much of which is held by Chinese and other foreign investors. Incredibly, President Barack Obama’s administration risked a trade war with China by blocking Chinese imports, a political payoff for labor unions that had supported Obama during the 2008 presidential campaign, even though such action could complicate U.S. efforts to continue selling its debt.

For years, the government has spent more money than it has had. It’s constantly going deeper into debt.

In spending all this money, members of Congress commonly don’t read the bills they vote on. They keep passing more laws even though they have limited understanding of the effects of previous laws. Many laws are so complicated–over a thousand pages–that government officials themselves are among the most notorious violators. Government is bigger than anything else in our society and far more complicated than the derivatives and other toxic bank assets nobody knew how to value after the financial meltdown of 2008. Managing the federal government well is beyond the capability of any human being. It’s beyond the capability of the 535 members of Congress. It’s too big to succeed.

You Need a Form for That Form

One thing the federal government does as it gets bigger is require people to fill out more bureaucratic forms. In 1978 Congress passed the Government Paperwork Elimination Act, when it was estimated that people spent almost a billion hours a year filling out federal forms. Not surprisingly, a new federal bureaucracy–the General Services Administration’s Forms Policy and Management Team–was established just to deal with federal forms. Creating, changing, or eliminating a form requires that somebody fill out a two-page SF152 form with 27 questions. For those who might have difficulty filling out the form, the government produced a 23-page booklet explaining how.

Unfortunately, things don’t seem to have been going well with the Forms Policy and Management Team. Now it’s estimated that people spend about ten billion hours a year filling out some 8,000 different federal forms. Both political parties are responsible for the colossal waste of time that could have been used to create more growth and jobs. Republicans reportedly have excelled at multiplying the number of defense-related forms. Democrats have excelled at forms related to social spending. Obama’s so-called stimulus bill authorized bureaucrats to churn out still more forms in an effort to determine where all the money went.

Taxing Forms

Perhaps the most aggravating forms have to do with taxes. The tax code has become hideously complex, a consequence of trying to extract trillions of dollars for social and military spending and trying to do good through thousands of different tax breaks. Lindy L. Paull, who served as chief of staff for the Joint Committee on Taxation, told the Senate Finance Committee: “The Internal Revenue Code consists of nearly 1.4 million words and includes 693 separate sections that impact individual taxpayers.

The Treasury Department has issued some 20,000 pages of regulations containing over 8 million words. Individual taxpayers who file an annual Form 1040 must deal with its 79 lines, 144 pages of instructions and 11 schedules totaling 443 lines plus instructions to go with them. There are 19 separate worksheets embedded in the Form 1040 instructions, and the possibility of filing numerous other forms, depending on the circumstances.”

The U.S. Treasury has estimated that individuals, employers, and nonprofits spend more than six billion hours a year dealing with their taxes. This is the equivalent of full-time work by 2.8 million people–more people than are employed in the auto-manufacturing, petroleum-refining, electric-power generation, computer-hardware, computer-software, pharmaceutical, medical-devices, steel, and chemical industries combined. In addition to the cost of this time is the money spent for tax-planning and tax-accounting services, not counting the taxes themselves. All this is a stupendous waste of resources that would be better spent adding value to the economy.

Bloated Mass of Contradictions

Big government is a bloated mass of contradictions that often have unexpected, harmful consequences. Politicians scold citizens for consuming too much sugar, but the government provides subsidies for producing high-fructose corn syrup that’s widely used in sodas, cookies, and other sweets.

Government subsidizes farmers for growing crops and no crops at all. Government subsidizes homeownership and restricts the number of homes that can be built. Officials criticize business executives who take on too much debt, but government encourages debt by providing tax deductions for interest (but not for equity capital), and of course the government itself is deeper in debt than anybody else.

Officials complain that companies invest so much money overseas, but the government imposes a 35 percent tax on earnings brought back to the United States. Officials bemoan our dependence on foreign oil, while restricting U.S. oil drilling.

Businesses can be prosecuted for “predatory price cutting” if they charge too little, “price gouging” if they charge too much, and “price fixing” if they charge the same as their competitors.

By providing billions of dollars of federal aid for attending college, the government subsidizes demand, which has had the effect of making college more expensive and more difficult to pay for than it otherwise would be.

Officials promote the virtues of small, high-mileage cars, and they enforce laws that make it almost impossible to produce such cars profitably in the United States. There are laws that make it more difficult for employers to hire people and laws that provide income for the unemployed.

Officials encourage more couples to get married, but there are higher taxes on married people than on single people, providing incentives not to get married. Officials say they want more doctors while enforcing laws that limit the number of students who can enter medical schools.

Government probably does more than anyone else to cause health care inflation by channeling about a trillion dollars a year into that sector, enabling people to bid up prices–and then the government tries to limit health care price increases with rationing, such as excluding more treatments from Medicare.

Mismanaging the Economy

Politicians expanded the power of the federal government to watch over the economy, but this has backfired badly. President Woodrow Wilson and Congress established the Federal Reserve System to prevent economic catastrophes. After inflating, misguided Fed officials tried to limit what they viewed as excesses of the Roaring Twenties stock market boom, but they overplayed their hand and triggered the 1929 crash.

Not realizing what they had done, they presided over a severe monetary contraction, a major cause of the Great Depression. President Franklin D. Roosevelt signed the 1935 Banking Act to centralize power at the Fed, and officials there soon stumbled again, doing much to bring on the depression within a depression of 1938. In 2002 Ben S. Bernanke, a governor of the Federal Reserve Board before becoming chairman, acknowledged the Fed’s role in the Great Depression: “We did it. We’re very sorry. We won’t do it again.”

Unfortunately, in the early years of this decade, Fed officials stumbled yet again. They promoted an easy money policy that had the effect of subsidizing borrowing. The apparent intention was to make sure the economy fully recovered from the dot-com crash of 2000, but in the process they encouraged individuals and businesses to load up on debt, contributing to the bubble that burst in 2008.

Nobody has a crystal ball, certainly not Fed officials. They’re always trying to make sense of conflicting and incomplete data. Naturally they focus on avoiding the mistakes made the last time around. They can’t be sure what the effects of their policies will be in the future because it takes many months for them to play out through a large and complex economy.

By the time Fed officials realize they have accelerated monetary expansion for too long, they’re tempted to hit the brakes too hard, jolting the economy with a more severe recession. Fed officials are human and bound to make errors. Their vast power means that when errors occur they will harm not just a city or state or region. They will harm the entire country and beyond. Disastrous errors are an unavoidable risk of big government, which turns out to be a principal source of instability in our economy.

More HERE

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)

****************************

The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)

****************************