The Audacity of Progressivism
by Andrew Mellon
Recently, I got into a big fight with my cube-mate. After attacking him for his listening to Bill Maher during the workday, he shot back and mocked my Glenn Beck listening. As if there was some moral equivalence between the two.
“But Beck’s predictions have been right throughout the last two years. Why would you not at least give him a listen?” I questioned. My Georgetown-educated cube-mate shot back: “Because most of the people that listen to Glenn Beck are uneducated mid-westerners.”
Infuriated, I protested “Do you have any idea how arrogant and elitist you sound right now?” Leave aside the irony that I was attacking his condescension while as a colleague of ours pointed out, showing beneath my loafers were our company holiday gift socks dotted with various currencies.
As my cube-mate went on to say, though he conceded that government should not be all-encompassing, “I want smart people to make decisions for people.” In other words, us silly hicks are incapable of governing ourselves. This is the fatal conceit of which F.A. Hayek wrote that reflects the attitude of the intellectual class today.
Why is it fatal? First, the “highly educated intellectual” today routinely receives a subpar education. Believe me, I went through it at Columbia, one of the few remaining schools with any semblance of a valuable curriculum. A real education is about teaching the pupil to think critically. Routinely, education today is more about spending time in science classes listening to professors talk about the merits of joining the Peace Corps (yes, this happened to me), iconoclastic gender, race and political studies courses and cultural Marxist programming of the heirs apparent of the political, economic and cultural hierarchy of the country.
Of those who graduate from these institutions and matriculate to the political realm, the progressive ethic pervades. And what is this ethic? The elite must decide for the sheep.
Progressivism argues that man should play G-d, organizing society as he sees fit, “nudging” people as Cass Sunstein advocates towards making the right decision of a governmentally-defined set of choices and socially engineering swaths of society.
Never mind that central planning fails given that the planners can never make the decisions that self-reliant and self-interested individuals acting freely would make, and that central planners lack the specialized information of the millions of actors that make up the economy.
Never mind that even if you don’t buy this argument on theoretical grounds, every nation guided by central planning has ended in mass poverty, mass genocide or both.
The manifest defects of central planning are not nearly as bad as its dehumanizing nature. For the progressive central planner is a regressive tyrant. What he seeks to do by regulation is only different than what the master does by the whip in his coyness.
The progressive enslaves as he believes that there is no value in the individual — there are only masses of malleable animals that must be shaped and coddled by paternalistic wise men in government.
Egalitarianism must reign. Natural differences, desires and ambitions must be discarded for the greater good. Social welfare is but a small price to pay for the fat cat, selfish innovators, entrepreneurs, job creators and investors who subsidize it.
Forget about the fact that practically every good and service around us was provided by the very system the progressives seek to destroy, to the disproportionate detriment of the lower classes.
Yet the question is never posed, is such a system moral? Should you by virtue of living in America be forced by law to live to support your fellow man through government? Should you be an indentured servant for months each year in effect working for the government middle man so that he can bribe and satisfy his constituents? Should the politician be able to compel you by law to plan your retirement by paying into an insolvent Ponzi scheme like social security; to at the point of the gun make you cut a check each year for failing public schools that teach the very principles to the nation’s youth that most disgust you?
And is it moral that these progressives who would be the first to attack religious advocates impose their own leftist religion through the involuntary mechanism of brute government force?
The progressive philosophy, an economic failure, is also a massive blight on our souls. For it enchains man to his fellow man and impoverishes all of society by taking away man’s individualism, his sense of responsibility and his self-worth. The progressive state dehumanizes and demoralizes man, leaving him an apathetic and impotent slave.
There is no compassion in such a system. There is no morality in such a system. All that there is is man ruling over his fellow man, throwing bread crumb benefits at various faceless voting blocs unable to see through such a scheme after so many years of socialist ideological subversion.
Shame on the progressives for their disdain for their fellow man, their hubris in thinking that they are right to rule over him and their disgusting glee in molding society for their own political gain. And shame on us for sanctioning such a system.
SOURCE
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'Bumps on the Road'
The choice is more jobs reports like Friday's or a growth agenda.
You've got to hand it to President Obama and his White House economic team. Faced with yesterday's dreary May jobs report, they did their best and rolled out the old "bump in the road" analogy for comfort. As chief White House economist Austan Goolsbee put it, "there are always bumps on the road to recovery, but the overall trajectory of the economy has improved dramatically over the past two years."
Nice try, but there's no way to spin news that the economy in May created only 54,000 new jobs, which is about one-third the number necessary to keep up with the growth in the labor force. The jobless rate rose for the second straight month to 9.1%, which is especially depressing nearly two years after the end of a very deep recession.
At this stage in the Reagan expansion, after a comparably deep 1981-82 recession, the economy was growing by 7% a year and the jobless rate was plunging. This time the economy is growing by less than 2%, and we still have 6.8 million fewer jobs than when the recession began in late 2007.
In other bad news, the average duration of those out of work jumped by 1.4 weeks to 39.7 in May, and the percentage of those jobless for at least six months climbed by 1.7% to 45.1%. The overall labor participation rate stayed the same at 64.2%, but as the nearby chart shows that rate has now fallen to its lowest rate since the mid-1980s.
This is an important economic measure because it reflects the opportunities that Americans perceive in the marketplace. In the long boom from the Reagan years through 2000 or so, the labor participation rate took a historic leap upward as women, immigrants and others entered the job market. The rate dipped after the 2001-2002 downturn, and we recall the media giving much attention to a Federal Reserve study raising alarms even as the rate began to climb again in mid-decade. It has now fallen off a cliff, and we doubt this is what Mr. Goolsbee means when he hails the "trajectory of the economy."
Chances are that job creation will improve in future months after the effects of Japan's earthquake and Midwest tornadoes and if oil prices level off or fall. But the longer the jobs slowdown continues, the greater the danger that the U.S. settles into a new normal of high "structural" unemployment, with employers reluctant to hire workers until they absolutely must. This is a symptom of Eurosclerosis.
The same economists and pundits who promoted the economic policies of the last four years are now lamenting the jobs bust and demanding that Washington double down: More stimulus spending, more Federal Reserve easing, more temporary tax rebates. They can't explain why these policies have failed to date, but we are supposed to rinse and repeat.
The real "bumps on the road" to recovery are these policies and the larger climate of hostility toward job creators that still prevails in Washington. A National Labor Relations Board that wants to stop businesses from moving plants; a $20 billion political raid on banks over foreclosures; hundreds of major new regulations from ObamaCare, Dodd-Frank and the EPA's war on carbon energy; federal deficits that Mr. Obama says require higher taxes; near-zero interest rates for 30 months that have sent commodity prices soaring, and so much more.
The economy doesn't need more of this. It needs a return to the growth agenda that created the long post-1982 boom.
SOURCE
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Liberal vs Conservative: A Spiritual Battle
Lloyd Marcus
Without beating around the bush, I believe the battle being fought in America today goes beyond politics; right vs left. It is a spiritual battle; good vs evil.
“For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.” -- Ephesians 6:12
The mindset of the American left is a spirit of Antichrist which is man making himself God.
Before writing me off as a Bible nut, please hear me out. Understanding this reality will explain much of the left's behavior. Because they believe man is God, in their insane arrogance, the left think they can fix everything; legislate equal outcomes and even save or destroy the planet.
Make no mistake about it folks, we are in a spiritual battle. Ask yourself. Specifically, what about Sarah Palin inspires such visceral hatred from the left? The word is “wholesome”.
For the most part, Palin promotes love for God, family and country. She is passionately determined to thwart Obama's plan to “fundamentally transform America”.
While realizing Palin is human and does not walk on water, Palin epitomizes heartland principles and values embraced by most Americans. Thus, we are Palin and Palin is us.
The large number of Christians in the Tea Party believe in right and wrong. The left has a huge problem with the concept of right and wrong. Their religion of Liberalism embraces Moral Relativism.
For these reasons, Palin and the Tea Party are as repulsive to liberals as showing Dracula the cross.
There is definitely an anti-wholesome, anti-goodness vibe coming out of Hollywood. Hollywood leftists are vehemently anti death penalty. They rally around convicted murderers. They think anyone harming a puppy should be beaten within any inch of their life. These Hollywood libs pride themselves as being Lords of Compassion and Tolerance.
And yet, these same libs have a cow whenever someone merely suggests to a woman that she think twice before aborting her baby. Tell me there “ain't” something spiritually wrong with such a mindset.
Because liberal elitists think man is God, they assume moral authority to confiscate as much control over our lives we simple minded god fearing peons will allow, including procreation.
I picked up a government funded brochure at my local library which basically said birthing babies is an irresponsible abuse of the planet.
Folks, this is leftist control freak hogwash! The seven billion people who live on the planet could fit in Texas enjoying about the same amount of living space as residents of New York.
God said be fruitful and multiply. But then, what the heck does God know?
In her book, “Godless”, Ann Coulter said, “If a Martian landed in America and set out to determine the nation's official state religion, he would have to conclude it is Liberalism, while Christianity and Judaism are prohibited by law”.
I concur with Ms Coulter. The mainstream media is controlled by zealots of Liberalism who I believe are driven by a spirit of Antichrist; man is God. Thus, only man can and will fix everything.
Why does the left aggressively demand that we show utmost respect for every religion under the sun except Christianity? Remember when libs Whoopi Goldberg and Joy Behar stormed off the set of The View TV program when they concluded Bill O'Reilly dissed Muslims?
And yet, Rosie O'Donnell outrageously stated “Radical Christianity is just as threatening as radical Islam in a country like America”. Not one peep of disagreement or disapproval from the left.
Islam suppresses women. And yet, liberal self proclaimed feminists Goldberg, Behar and O'Donnell illogically defend Islam. These three feminists despise the extraordinarily successful Christian liberated woman, Sarah Palin. Rosie O'Donnell even lamented that Osama bin Laden did not get a fair trial.
Unquestionably, these women have issues with America and Christians; a spirit of Antichrist. At the center of Christianity is a divine Jesus. If Jesus is God, the left is not.
Even our most liberal president ever, Obama, dissed heartland Americans for “bitterly clinging to their god and guns”. Would a true Christian berate folks for finding security in trusting God?
Like an episode of Star Trek, the left believes universal peace can be achieved via America apologizing and admitting to the world that “we suck”, surrendering our power, signing treaties and singing a few verses of“Kumbaya”.
They believe the greatest source of evil in the world is warmongering Christian white guys like George Bush. If only Bush had, “Given peace a chance”.
Liberals always cater to man's lowest base instincts. They hate standards for behavior, labeling all rebuke of bad behavior as being intolerant and judgmental. And yet, they believe without divine influence, man is capable of someday achieving universal peace. Totally absurd.
Christians believe that though we strive to do the right thing, the heart of man is critically flawed which is why we were in need of a savior, Jesus Christ.
Obama's promise to “fundamentally transform America” is a spiritual attack on our freedom, liberty and culture.
Despite the left's relentless attempts to ban God from America's public square, the emergence and power of the Tea Party tells me God is still on our side.
Mr. Obama, though your liberal zealots perceive you to be “the messiah”, God is still on the throne. Come November 2012, you're fired!
SOURCE
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, 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)
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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)
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Thursday, June 09, 2011
Wednesday, June 08, 2011
Obama Administration's Egghead Economic Saboteurs
Michelle Malkin
Official motto of the White House economic team: Those who can, do. Those who can't, fantasize in the classroom, fail in Washington and then return to the Ivy Tower to train the next generation of egghead economic saboteurs. Life is good for left-wing academics. Everyone else pays dearly.
Take Austan Goolsbee, please. President Obama's "fresh-faced" University of Chicago econ professor arrived in Washington in December 2008 to fill two slots: chief economist/staff director of the president's Economic Recovery Advisory Board and member of the Council of Economic Advisers. In September 2010, he replaced CEA head and fellow academic Christina Romer, who retreated to the University of California at Berkeley last August when unemployment hit 9.5 percent. (She infamously projected that the Obama stimulus would hold the jobless rate below 8 percent.)
Goolsbee's primary task: translating all of the administration's big-government theories for us dummies. As Goolsbee put it to his university's student newspaper: "We've certainly seen in previous crises that it's quite important to explain things to non-experts. The American people can confront any challenge if they're comfortable with the approach."
And what exactly was the nature of Goolsbee's vaunted expertise? Making money as a business rescue-and-recovery expert without ever having had to meet a payroll.
Goolsbee, the 15th wealthiest member of the Obama administration, has raked in assets valued at between $1,146,000 and $2,715,000. He also pulled in a University of Chicago salary of $465,000 and additional wages and honoraria worth $93,000, according to Washingtonian magazine. As I've noted before, the government research fellow and Obama campaign adviser was a champion of extending credit to the un-creditworthy. In a 2007 op-ed for The New York Times, he derided those who called subprime mortgages "irresponsible." He preferred to describe them as "innovations in the mortgage market" to expand the pool of homebuyers.
Goolsbee's most recent "innovation": the "White House White Board," a weekly video lecture teaching everyone else how to hitch what remains of America's free-market system to the wagon of the state and how much (or rather, how little) we should make doing it. He illustrated his grand interventionist strategy to pick and choose "Startup America" winners by drawing a trough of broken light bulbs (symbolizing entrepreneurial ideas) piling up in a "Valley of Death" because they lacked government support.
A comical choice of imagery given the Democrats' enviro-nutty ban on incandescent bulbs. But I digress.
When Goolsbee joined Team Obama, the unemployment rate was at around 6 percent. When he announced his resignation on Monday, the jobless rate stood at 9.1 percent. Romer and Jared Bernstein (former chief economist to Vice President Joe Biden) had predicted unemployment would drop every single month after August 2009 due to the Obama stimulus. Bernstein bailed on the administration in April 2011 for the sanctuary of a liberal think-tank. He'll also now ply his failed wares as a financial pundit.
These hapless command-and-control ideologues were preceded by Peter Orszag, who hung his "Mission Accomplished" banner over the White House budget office in June 2010 after fewer than two years on the job, and by former National Economic Council head and hedge fund manager Larry Summers, who was caught sleeping on the job -- literally -- more than once during his brief tenure. Summers packed his bags in September. He was followed by Princeton economics professor and former top Obama Treasury Department official Alan Krueger in October 2010.
White House aides have lamented that the economic team is "exhausted." Apparently, Obama is tired of hearing from them, too. The Hill newspaper reports that he has stopped receiving daily economic briefings that were once treated with the same emergency status as national security briefings. So, the central planners continue to be paid to fail -- while their boss looks the other way at the destruction, whistling into what he calls America's temporary "head winds." Nice non-work if you can get it.
SOURCE
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The Cancer of Regulation
John Stossel
Politicians care about poor people. I know because they always say that. But then why do they make it so hard for the poor to escape poverty?
Outside my office in New York City, I see yellow taxis. It's intuitive to think that government should license taxis to make sure they're safe and to limit their number. It's intuitive to believe that if anyone could just start picking up passengers, we'd have chaos. So to operate a taxi in NYC, you have to buy a license, a "medallion," from an existing cab company (or at a once-in-a-blue-moon auction). Medallions are so scarce, they now cost hundreds of thousands of dollars.
Licensing prices poor people out of the business. "Compare New York City, where a license to own and operate a taxi is $603,000, to Washington, D.C.," George Mason University economist Walter Williams told me. "There are not many black-owned taxis in New York City. But in Washington, most are owned by blacks." Why? Because in Washington, "it takes $200 to get a license to own and operate one taxi. That makes the difference."
Regulation hurts the people the politicians claim to help. People once just went into business. But now, in the name of "consumer protection," bureaucrats insist on licensing rules. Today, hundreds of occupations require expensive licenses. Tough luck for a poor person getting started.
Ask Jestina Clayton. Ten years ago, she moved from Africa to Utah. She assumed she could support her children with the hair-braiding skills she learned in Sierra Leone. For four years, she braided hair in her home. She made decent money. But then the government shut her down because she doesn't have an expensive cosmetology license that requires 2,000 hours of classroom time -- 50 weeks of useless instruction. The Institute for Justice (IJ), the public-interest law firm that fights such outrages, says "not one of those 2,000 hours teaches African hair-braiding."
IJ lawyer Paul Avelar explained that "the state passed a really broad law and left it to the cosmetology board to interpret." Guess who sits on the cosmetology board. Right: cosmetologists. And they don't like competition.
One day, Jestina received an email. "The email threatened to report me to the licensing division if I continued to braid," she told me. This came as a shock because she had been told that what she was doing was legal.
"When I called (the commission) in 2005 on two separate occasions, they did tell me that, but then when I called (again) ... the cosmetology lady told me that the situation had changed and that I needed to go to school now and get a license."
No customers complained, but a competitor did. One cosmetologist claimed that if she didn't go to school she might make someone bald. But this is nonsense -- hair-braiding is just ... braiding. If the braid is too tight, you can undo it.
The cosmetology board told Jestina that if she wanted to braid hair without paying $18,000 to get permission from the board, she should lobby the legislature. Good luck with that. Jestina actually tried, but no luck. How can poor people become entrepreneurs if they must get laws changed first?! Jestina stopped working because she can't afford the fines. "The first offense is $1,000," she said. "The second offense and any subsequent offense is $2,000 each day."
"It is not unique to Utah," Avelar added. "There are about 10 states that explicitly require people to go get this expensive, useless license to braid hair."
Fortunately, IJ's efforts against such laws have succeeded in seven states. Now it's in court fighting for Jestina, which, appropriately, means "justice" in her native language.
Once upon a time, one in 20 workers needed government permission to work in their occupation. Today, it's one in three. We lose some freedom every day. "Occupational licensing laws fall hardest on minorities, on poor, on elderly workers who want to start a new career or change careers," Avelar said. "(Licensing laws) just help entrenched businesses keep out competition."
This is not what America was supposed to be.
SOURCE
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Let's Not Forget About Obamacare
Democrats will often get irritable when some clingy philistine refers to Obamacare as "socialized medicine." It's simply not a precise phrase for the Patient Protection and Affordable Care Act. In any event, it's not socialized yet, you ignoramuses! Progress doesn't happen overnight. No worries, though, recent signs portend that Obamacare will give us the state-run plan we proles deserve.
A new study published in McKinsey Quarterly claims that in 2014, the provisions of Obamacare will induce 3 in 10 employers to "definitely or probably" stop offering health coverage to their employees. And we can only assume the companies have had the good sense not to read the legislation.
Sure, the president promised we could keep our insurance if we liked it. But why would you want to be mixed up with pitiless corporations that focus on profits, anyway? Obamacare courageously forces states to implement concocted "exchanges" so that someone much smarter than you can pick participants, regulate prices and keep an eye on things. Sounds like a vigorous marketplace. It's only a wonder that more Americans aren't clamoring for government-run supermarkets, smartphones and dating exchanges, as well.
You'll also recall that the un-socialized system allowed 20, 30, 40 million (please feel free to come up with any number you'd like; The New York Times won't care) people to go uninsured. Medicare's chief actuary estimated that 400,000 would sign up for these high-risk pools before Obamacare kicked in. The Congressional Budget Office estimated that the budget would be able to handle 200,000, and others claimed that the program would need eight times the funding to meet demand. This was the driving reason for Obamacare. But as Megan McArdle of The Atlantic points out, just as with the exchanges, folks have been standoffish, with only about 18,000 people signing up.
Victory, right? The success of a government handout is always measured by how little Americans need to use it, right? Well, judging from the food stamp administration's actions, that would be a big no. What this probably calls out for is more public service announcements or a wider net. Hey, we'll just get some toffee-nosed yacht jockeys to offset the cost.
That's not to say there aren't people out there who really need support. The president has generously handed out nearly 1,400 Obamacare waivers to the neediest among us. About 20 percent of them have been awarded to an upmarket district in San Francisco that, by pure chance, is represented by Nancy Pelosi. Others, such as the AARP and local unions, had demanded we pass Obamacare so they could not take part in it immediately.
We'll also soon be hearing more about the lawsuits challenging Obamacare's individual mandate. Randy Barnett, a professor of constitutional law at Georgetown University Law Center, recently asked, "If Congress can impose this economic mandate on the people, what can't it mandate the people to buy?" Everything and nothing. And that's the beauty of it.
And let's not forget it was Obama, the newfound holy savior of Medicare, who pinned the key cost control component of health care reform on Medicare through his Independent Payment Advisory Board, or what bitter righties call a rationing board.
Rationing boards. Political favors. Lies. Coercion. Broken promises. Precedents that can force us to buy about anything. It might not be socialism, technically speaking. But really, what's not to like?
SOURCE
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Leftist Lies and the Media That Enable Them
You might have seen the vicious Mediscare video by now entitled “America the Beautiful.” If you haven’t, you should. It’s from folks who just the other day were chanting the mantra of “civility.” It’s a taste of what the left will be serving up as 2012 approaches.
As the song “America the Beautiful” plays, a man in a dark suit with a likeness to Republican Rep. Paul Ryan (Wis.) pushes an elderly woman in a wheelchair down a sidewalk. The message on the screen informs us that the Republican Medicare reform proposal will “privatize” Medicare. The man diverts to a steep path as the woman’s smile turns to terror. She fights as he pushes her faster. He then dumps her headfirst off a cliff, which we see clearly from the front. The only thing missing is a vampire giving her a hickey on the way down.
Not since Barry Goldwater was smeared in 1964 with the famous "little girl with daisy and mushroom cloud" TV ad has there been such bald-faced character assassination.
The ad was produced by The Agenda Project, a leftist group that earlier made a similarly nasty Tea Party video whose title includes the f-word, and also "Hate Begets Hate", a hateful assault on public figures who oppose the Cordoba House Mosque at Ground Zero in New York City. That one has little Muslim girls crying and being comforted while photos of big, bad (and even some liberal) politicians are quoted. This is propaganda at its rawest. No, wait. They topped it with that lady pushed over a cliff.
More HERE
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ELSEWHERE
When all you have is a hammer: "Fed Chairman Ben Bernanke is troubled by the unemployment rate that has crept back upwards, and the 'frustratingly slow' economic recovery. And so what does he propose? More of the same, of course. More liquidity and a base interest rate kept near zero. You see, this is practically the only tool he has: monetary stimulus, which is another word for inflation, if we define this in terms of a rising money supply rather than rising prices, the latter of which is properly seen as a natural consequence of the former."
The dark side of the welfare state: "There comes a point when elected leaders reach the end of their ability to tax, borrow, and inflate for funding. The United States is verging on that threshold. However, rather than acknowledge the folly of and dispense with unsustainable entitlements, U.S. leaders are, for the most part, endeavoring to preserve them."
Real cuts for the debt vote: "The House's overwhelming rejection of a clean debt-limit increase means that the two parties must now find major spending cuts. House Republicans say that they will not support a debt increase unless the Democrats agree to equal-sized spending cuts. If Congress raises the debt limit by $1 trillion, then it must also find budget savings of at least $1 trillion, over either five or ten years. The crucial question is: Will the proposed budget savings be real cuts or smoke-and-mirrors 'cuts?'"
Free trade can help the US grow: "The Obama administration’s economic policies thus far would suggest that it sees the only way to increase growth is to increase federal spending. However, Free Trade Agreements (FTAs) that increase competition by removing tariffs and other barriers to trade may do more to promote America’s economic recovery than billions of dollars of government stimulus ever could."
Take your little black box and shove it: "We all heard this week that from this moment onward, all new automobiles manufactured in or imported to the United States will be required to have 'litle black boxes' like the flight recorders in aircraft."
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, 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)
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Michelle Malkin
Official motto of the White House economic team: Those who can, do. Those who can't, fantasize in the classroom, fail in Washington and then return to the Ivy Tower to train the next generation of egghead economic saboteurs. Life is good for left-wing academics. Everyone else pays dearly.
Take Austan Goolsbee, please. President Obama's "fresh-faced" University of Chicago econ professor arrived in Washington in December 2008 to fill two slots: chief economist/staff director of the president's Economic Recovery Advisory Board and member of the Council of Economic Advisers. In September 2010, he replaced CEA head and fellow academic Christina Romer, who retreated to the University of California at Berkeley last August when unemployment hit 9.5 percent. (She infamously projected that the Obama stimulus would hold the jobless rate below 8 percent.)
Goolsbee's primary task: translating all of the administration's big-government theories for us dummies. As Goolsbee put it to his university's student newspaper: "We've certainly seen in previous crises that it's quite important to explain things to non-experts. The American people can confront any challenge if they're comfortable with the approach."
And what exactly was the nature of Goolsbee's vaunted expertise? Making money as a business rescue-and-recovery expert without ever having had to meet a payroll.
Goolsbee, the 15th wealthiest member of the Obama administration, has raked in assets valued at between $1,146,000 and $2,715,000. He also pulled in a University of Chicago salary of $465,000 and additional wages and honoraria worth $93,000, according to Washingtonian magazine. As I've noted before, the government research fellow and Obama campaign adviser was a champion of extending credit to the un-creditworthy. In a 2007 op-ed for The New York Times, he derided those who called subprime mortgages "irresponsible." He preferred to describe them as "innovations in the mortgage market" to expand the pool of homebuyers.
Goolsbee's most recent "innovation": the "White House White Board," a weekly video lecture teaching everyone else how to hitch what remains of America's free-market system to the wagon of the state and how much (or rather, how little) we should make doing it. He illustrated his grand interventionist strategy to pick and choose "Startup America" winners by drawing a trough of broken light bulbs (symbolizing entrepreneurial ideas) piling up in a "Valley of Death" because they lacked government support.
A comical choice of imagery given the Democrats' enviro-nutty ban on incandescent bulbs. But I digress.
When Goolsbee joined Team Obama, the unemployment rate was at around 6 percent. When he announced his resignation on Monday, the jobless rate stood at 9.1 percent. Romer and Jared Bernstein (former chief economist to Vice President Joe Biden) had predicted unemployment would drop every single month after August 2009 due to the Obama stimulus. Bernstein bailed on the administration in April 2011 for the sanctuary of a liberal think-tank. He'll also now ply his failed wares as a financial pundit.
These hapless command-and-control ideologues were preceded by Peter Orszag, who hung his "Mission Accomplished" banner over the White House budget office in June 2010 after fewer than two years on the job, and by former National Economic Council head and hedge fund manager Larry Summers, who was caught sleeping on the job -- literally -- more than once during his brief tenure. Summers packed his bags in September. He was followed by Princeton economics professor and former top Obama Treasury Department official Alan Krueger in October 2010.
White House aides have lamented that the economic team is "exhausted." Apparently, Obama is tired of hearing from them, too. The Hill newspaper reports that he has stopped receiving daily economic briefings that were once treated with the same emergency status as national security briefings. So, the central planners continue to be paid to fail -- while their boss looks the other way at the destruction, whistling into what he calls America's temporary "head winds." Nice non-work if you can get it.
SOURCE
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The Cancer of Regulation
John Stossel
Politicians care about poor people. I know because they always say that. But then why do they make it so hard for the poor to escape poverty?
Outside my office in New York City, I see yellow taxis. It's intuitive to think that government should license taxis to make sure they're safe and to limit their number. It's intuitive to believe that if anyone could just start picking up passengers, we'd have chaos. So to operate a taxi in NYC, you have to buy a license, a "medallion," from an existing cab company (or at a once-in-a-blue-moon auction). Medallions are so scarce, they now cost hundreds of thousands of dollars.
Licensing prices poor people out of the business. "Compare New York City, where a license to own and operate a taxi is $603,000, to Washington, D.C.," George Mason University economist Walter Williams told me. "There are not many black-owned taxis in New York City. But in Washington, most are owned by blacks." Why? Because in Washington, "it takes $200 to get a license to own and operate one taxi. That makes the difference."
Regulation hurts the people the politicians claim to help. People once just went into business. But now, in the name of "consumer protection," bureaucrats insist on licensing rules. Today, hundreds of occupations require expensive licenses. Tough luck for a poor person getting started.
Ask Jestina Clayton. Ten years ago, she moved from Africa to Utah. She assumed she could support her children with the hair-braiding skills she learned in Sierra Leone. For four years, she braided hair in her home. She made decent money. But then the government shut her down because she doesn't have an expensive cosmetology license that requires 2,000 hours of classroom time -- 50 weeks of useless instruction. The Institute for Justice (IJ), the public-interest law firm that fights such outrages, says "not one of those 2,000 hours teaches African hair-braiding."
IJ lawyer Paul Avelar explained that "the state passed a really broad law and left it to the cosmetology board to interpret." Guess who sits on the cosmetology board. Right: cosmetologists. And they don't like competition.
One day, Jestina received an email. "The email threatened to report me to the licensing division if I continued to braid," she told me. This came as a shock because she had been told that what she was doing was legal.
"When I called (the commission) in 2005 on two separate occasions, they did tell me that, but then when I called (again) ... the cosmetology lady told me that the situation had changed and that I needed to go to school now and get a license."
No customers complained, but a competitor did. One cosmetologist claimed that if she didn't go to school she might make someone bald. But this is nonsense -- hair-braiding is just ... braiding. If the braid is too tight, you can undo it.
The cosmetology board told Jestina that if she wanted to braid hair without paying $18,000 to get permission from the board, she should lobby the legislature. Good luck with that. Jestina actually tried, but no luck. How can poor people become entrepreneurs if they must get laws changed first?! Jestina stopped working because she can't afford the fines. "The first offense is $1,000," she said. "The second offense and any subsequent offense is $2,000 each day."
"It is not unique to Utah," Avelar added. "There are about 10 states that explicitly require people to go get this expensive, useless license to braid hair."
Fortunately, IJ's efforts against such laws have succeeded in seven states. Now it's in court fighting for Jestina, which, appropriately, means "justice" in her native language.
Once upon a time, one in 20 workers needed government permission to work in their occupation. Today, it's one in three. We lose some freedom every day. "Occupational licensing laws fall hardest on minorities, on poor, on elderly workers who want to start a new career or change careers," Avelar said. "(Licensing laws) just help entrenched businesses keep out competition."
This is not what America was supposed to be.
SOURCE
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Let's Not Forget About Obamacare
Democrats will often get irritable when some clingy philistine refers to Obamacare as "socialized medicine." It's simply not a precise phrase for the Patient Protection and Affordable Care Act. In any event, it's not socialized yet, you ignoramuses! Progress doesn't happen overnight. No worries, though, recent signs portend that Obamacare will give us the state-run plan we proles deserve.
A new study published in McKinsey Quarterly claims that in 2014, the provisions of Obamacare will induce 3 in 10 employers to "definitely or probably" stop offering health coverage to their employees. And we can only assume the companies have had the good sense not to read the legislation.
Sure, the president promised we could keep our insurance if we liked it. But why would you want to be mixed up with pitiless corporations that focus on profits, anyway? Obamacare courageously forces states to implement concocted "exchanges" so that someone much smarter than you can pick participants, regulate prices and keep an eye on things. Sounds like a vigorous marketplace. It's only a wonder that more Americans aren't clamoring for government-run supermarkets, smartphones and dating exchanges, as well.
You'll also recall that the un-socialized system allowed 20, 30, 40 million (please feel free to come up with any number you'd like; The New York Times won't care) people to go uninsured. Medicare's chief actuary estimated that 400,000 would sign up for these high-risk pools before Obamacare kicked in. The Congressional Budget Office estimated that the budget would be able to handle 200,000, and others claimed that the program would need eight times the funding to meet demand. This was the driving reason for Obamacare. But as Megan McArdle of The Atlantic points out, just as with the exchanges, folks have been standoffish, with only about 18,000 people signing up.
Victory, right? The success of a government handout is always measured by how little Americans need to use it, right? Well, judging from the food stamp administration's actions, that would be a big no. What this probably calls out for is more public service announcements or a wider net. Hey, we'll just get some toffee-nosed yacht jockeys to offset the cost.
That's not to say there aren't people out there who really need support. The president has generously handed out nearly 1,400 Obamacare waivers to the neediest among us. About 20 percent of them have been awarded to an upmarket district in San Francisco that, by pure chance, is represented by Nancy Pelosi. Others, such as the AARP and local unions, had demanded we pass Obamacare so they could not take part in it immediately.
We'll also soon be hearing more about the lawsuits challenging Obamacare's individual mandate. Randy Barnett, a professor of constitutional law at Georgetown University Law Center, recently asked, "If Congress can impose this economic mandate on the people, what can't it mandate the people to buy?" Everything and nothing. And that's the beauty of it.
And let's not forget it was Obama, the newfound holy savior of Medicare, who pinned the key cost control component of health care reform on Medicare through his Independent Payment Advisory Board, or what bitter righties call a rationing board.
Rationing boards. Political favors. Lies. Coercion. Broken promises. Precedents that can force us to buy about anything. It might not be socialism, technically speaking. But really, what's not to like?
SOURCE
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Leftist Lies and the Media That Enable Them
You might have seen the vicious Mediscare video by now entitled “America the Beautiful.” If you haven’t, you should. It’s from folks who just the other day were chanting the mantra of “civility.” It’s a taste of what the left will be serving up as 2012 approaches.
As the song “America the Beautiful” plays, a man in a dark suit with a likeness to Republican Rep. Paul Ryan (Wis.) pushes an elderly woman in a wheelchair down a sidewalk. The message on the screen informs us that the Republican Medicare reform proposal will “privatize” Medicare. The man diverts to a steep path as the woman’s smile turns to terror. She fights as he pushes her faster. He then dumps her headfirst off a cliff, which we see clearly from the front. The only thing missing is a vampire giving her a hickey on the way down.
Not since Barry Goldwater was smeared in 1964 with the famous "little girl with daisy and mushroom cloud" TV ad has there been such bald-faced character assassination.
The ad was produced by The Agenda Project, a leftist group that earlier made a similarly nasty Tea Party video whose title includes the f-word, and also "Hate Begets Hate", a hateful assault on public figures who oppose the Cordoba House Mosque at Ground Zero in New York City. That one has little Muslim girls crying and being comforted while photos of big, bad (and even some liberal) politicians are quoted. This is propaganda at its rawest. No, wait. They topped it with that lady pushed over a cliff.
More HERE
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ELSEWHERE
When all you have is a hammer: "Fed Chairman Ben Bernanke is troubled by the unemployment rate that has crept back upwards, and the 'frustratingly slow' economic recovery. And so what does he propose? More of the same, of course. More liquidity and a base interest rate kept near zero. You see, this is practically the only tool he has: monetary stimulus, which is another word for inflation, if we define this in terms of a rising money supply rather than rising prices, the latter of which is properly seen as a natural consequence of the former."
The dark side of the welfare state: "There comes a point when elected leaders reach the end of their ability to tax, borrow, and inflate for funding. The United States is verging on that threshold. However, rather than acknowledge the folly of and dispense with unsustainable entitlements, U.S. leaders are, for the most part, endeavoring to preserve them."
Real cuts for the debt vote: "The House's overwhelming rejection of a clean debt-limit increase means that the two parties must now find major spending cuts. House Republicans say that they will not support a debt increase unless the Democrats agree to equal-sized spending cuts. If Congress raises the debt limit by $1 trillion, then it must also find budget savings of at least $1 trillion, over either five or ten years. The crucial question is: Will the proposed budget savings be real cuts or smoke-and-mirrors 'cuts?'"
Free trade can help the US grow: "The Obama administration’s economic policies thus far would suggest that it sees the only way to increase growth is to increase federal spending. However, Free Trade Agreements (FTAs) that increase competition by removing tariffs and other barriers to trade may do more to promote America’s economic recovery than billions of dollars of government stimulus ever could."
Take your little black box and shove it: "We all heard this week that from this moment onward, all new automobiles manufactured in or imported to the United States will be required to have 'litle black boxes' like the flight recorders in aircraft."
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, 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)
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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)
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More and more of the USA is being run by emptyheads
Thomas Sowell
Two unrelated news stories on the same day show the contrast between government decisions and private decisions.
Under the headline "Foreclosed Homes Sell at Big Discounts," USA Today reported that banks were selling the homes they foreclosed on, at discounts of 38 percent in Tennessee to 41 percent in Illinois and Ohio.
Banks in general try to get rid of the homes they acquire by foreclosure, by selling them quickly for whatever they can get. Why? Because banks are forced by economic realities to realize that they are not real estate companies.
No matter how much expertise bank officials may have in financial transactions, that is very different from knowing the best ways to maintain and market empty houses.
Meanwhile, there was a story on the Fox News Channel about schools that are using their time to indoctrinate kindergartners and fourth graders with politically correct attitudes about sex.
Anyone familiar with the low standards and mushy notions in the schools and departments of education that turn out our public school teachers might think that these teachers would have all they can do to make American children competent in reading, writing and math.
Anyone familiar with how our children stack up with children from other countries in basic education would be painfully aware that American children lag behind children in countries that spend far less per pupil than we do.
In other words, teachers and schools that are failing to provide the basics of education are branching out into all sorts of other areas, where they have even less competence.
Why are teachers so bold when banks are so cautious? The banks pay a price for being wrong. Teachers don't.
If banks try to act like they are real estate companies and hold on to a huge inventory of foreclosed homes, they are likely to lose money big time, as those homes deteriorate and cannot compete with homes marketed by real estate companies with far more experience and expertise in this field.
But if teachers fail to educate children, they don't lose one dime, no matter how much those children and the country lose by their failure. If the schools waste precious time indoctrinating children, instead of educating them, that's the children's problem and the country's problem, but not the teachers' problem.
Sex indoctrination is just one of innumerable "exciting" and "innovative" self-indulgences of the schools. There is no bottom line test of what these boondoggles cost the children or the country.
Incidentally, conservatives who think that schools should be teaching "abstinence" miss the point completely. The schools have no expertise to be teaching sex at all. We should be happy if they ever develop the competence to teach math and English, so that our children can hold their own in international tests given to children in other countries.
Schools are just one government institution that take on tasks for which they have no expertise or even competence.
Congress is the most egregious example. In the course of any given year, Congress votes on taxes, medical care, military spending, foreign aid, agriculture, labor, international trade, airlines, housing, insurance, courts, natural resources, and much more.
There are professionals who have spent their entire adult lives specializing in just one of these fields. They idea that Congress can be competent in all these areas simultaneously is staggering. Yet, far from pulling back-- as banks or other private enterprises must, if they don't want to be ruined financially by operating beyond the range of their competence-- Congress is constantly expanding further into more fields.
Having spent years ruining the housing markets with their interference, leading to a housing meltdown that has taken the whole economy down with it, politicians have now moved on into micro-managing automobile companies and medical care.
They are not going to stop unless they get stopped. And that is not going to happen until the voters recognize the fact that political rhetoric is no substitute for competence.
SOURCE
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Think You Know Sarah Palin? Think Again
Sarah Palin is one of the most media-saturated figures today, as filmmaker Stephen K. Bannon of the new film “The Undefeated” points out. Yet, watching the film, the details about the ex-governor that have remained unknown to the ‘lower 48’ will stun the viewer.
The film itself has an interesting origin. The Palin team approached Bannon after the 2010 election about a film, but he wasn’t interested in the short video project they mentioned. Bannon decided to do a film that the Palin team had no editorial control over, although they did help him gain access to several key players from her time in Alaska. For those wondering whether Team Sarah wanted “The Undefeated” to come out in conjunction with some sort of presidential buzz, Bannon says that the team never expressed interest in or exerted any pressure on a movie release date.
Though the film production timeline was not, it appears, done with any kind of presidential 2012 campaign in mind, it is capable of giving people a second impression of Palin and one that could prove useful in a 2012 discussion, because it’s a documentary based on facts that show the governor as an astute leader and a smart woman, unlike how she has been portrayed for the better part of three years. Bannon himself is a Harvard grad and was impressed with how Palin governed the state. He also said even some liberals in the entertainment industry are garnering a great appreciation for her as a person of substance.
Maybe that’s because “The Undefeated” takes the better part of two hours to highlight something that many people have glossed over –Sarah Palin’s legislative accomplishments.
Americans hear the generic, cliché phrases about how Palin cleaned up the good old boys network in Alaska and improved the state’s energy infrastructure. But this movie gives you the facts and details behind those clichés – it draws heavily on interviews from those who know the state best, newspaper clippings and TV coverage of Palin's time as an elected Alaskan official, and it is sewn together by narration from Palin herself that the director borrowed from audio of her book, Going Rogue.
As governor, Palin actually did comb through the Alaskan budget line by line and powerfully wielded the veto pen. She implemented important reforms to Alaska’s oil industry and pressured Exxon to start drilling again in Point Thomson after holding leasing on the land for years. The film includes an old TV report about the businesses that came to Wasilla thanks to its new pro-business atmosphere, fostered by Palin. And, unlike the Democrats who talk a big game about taking on Big Oil, Palin actually took on Big Oil with a tenacity that should make her Nancy Pelosi’s hero, releasing the stranglehold that those companies had on the oil resources and industry in her state. She didn’t stand for corruption in the Alaskan government – her ethical stance, in fact, was a key factor in the popularity that allowed her to run for governor.
What did her critics do? They responded by calling her a Spice Girl or some variation of Nordstrom girl – and this was back during her Wasilla days, way before the national media ever began launching torpedoes her way. Palin’s response? She won re-election as mayor of Wasilla with about 75 percent of the vote. She had an over 80 percent approval rating as governor.
It’s the sentiment of Bannon’s movie: think again before you underestimate Sarah Palin.
SOURCE
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You know how Sarah Palin said Paul Revere warned the British? Well, he did. Now, who looks stupid?
You may have heard recently something about that Sarah Palin telling a reporter that Paul Revere warned the British on his famous rousing revolutionary ride.
Now, that so many Americans have wallowed in their smug confirmation that Palin is an idiot unqualified for anything but repeating sixth-grade history, how far, wide and fast do you think the contradictory news will spread that the former governor of Alaska was indeed correct?
That the Republican non-candidate, in fact, knew more about the actual facts of Revere's midnight ride than all those idiots unknowingly revealing their own ignorance by laughing at her faux faux pas? How secretly embarrassing this must be, to be forced to face that you're dumber than the reputed dummy.
As it happens, though, such phenomena are regular occurrences in American politics, reminding consumers of news to be wary when some fresh story seems to fit contemporary assumptions so absolutely perfectly.
The well-known fable is Revere's late-night ride to warn fellow revolutionaries that.... the British were coming. Less known, obviously, is the rest of the evening's events in which Revere was captured by said redcoats and did indeed defiantly warn them of the awakened militia awaiting their arrival ahead and of the American Revolution's inevitable victory.
Palin knew this. The on-scene reporters did not and ran off like Revere to alert the world to Palin's latest mis-speak, which wasn't.
More HERE
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Why PBS is a public menace
PBS recently added 15- to 30-second "sponsorship" messages to online presentations of major programs — everything from Masterpiece to Frontline (but not children's programs). This fall, it intends to start interrupting its broadcasts with promotional spots, although in response to criticism it says it may test the idea first.
PBS calls these interruptions "program breaks" or "sponsorship announcements," but on other channels they're called commercials. So: What, in a world of hundreds of radio and TV channels, is so special about PBS and NPR that they should get $420 million a year of taxpayers' money?
When I was a boy growing up in western Kentucky, with three TV networks, it was understandable that people thought an "educational" network would add something important. But my brother's kids in that same little town later had access to hundreds of cable stations.
PBS used to ask, "If not PBS, then who?" The answer now is: HBO, Bravo, Discovery, History, History International, Science, Planet Green, Sundance, Military, C-SPAN 1/2/3 and many more.
Defenders of the tax-funded broadcast networks often point out that only about 15 percent of their funding comes from the federal government. Good — they can absorb the loss.
In 2003, NPR told potential advertisers that "compared with the general public, NPR listeners are 55 percent less likely to have a household income below $30,000 ... 152 percent more likely to have a home valued at $500,000 or more and 194 percent more likely to travel to France." And PBS viewers were 98 percent more likely to be a CEO and 315 percent more likely to have stocks valued at $75,000 or more.
Sponsors know this. The most prominent of the new online advertisers is Goldman Sachs, which knows where to find a wealthy and influential audience.
So why should working- and middle-class taxpayers be subsidizing the news and entertainment of the rich?
The main point here isn't the money, it's the separation of news and state. If anything should be kept separate from government and politics, it's the news and public-affairs programming that informs Americans about government and its policies. When government brings us the news — with all the inevitable bias and spin — it is putting its thumb on the scales of democracy.
A healthy democracy needs a free and diverse press — but Americans today have access to more sources of news and opinion than ever before: more broadcast networks than before, cable networks, satellite TV and radio, the Internet. Any diversity argument for NPR and PBS is now a sad joke.
We don't need a government news and opinion network. More important, we shouldn't require taxpayers to pay for broadcasting that will inevitably reflect a particular perspective on politics and culture. The marketplace of democracy should be a free market, in which the voices of citizens are heard, with no unfair advantage granted by government to one participant.
SOURCE
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ELSEWHERE
Obama lies with statistics about auto industry jobs: "The auto industry has added 113,000 jobs over the past two years.” So proclaimed President Obama in his speech Friday. But we need to look under the hood of those employment claims. Schoenberger reported the sobering fact that even after the Bush and Obama administrations spent $62 billion to bail out Chrysler and General Motors, “the two automakers employ 16,500 fewer people than they did in 2009.” How can these two statistics — 113,000 new jobs and 16,500 fewer auto workers — simultaneously be true? Foreign automakers with plants in the South have been picking up the slack in hiring. “Automotive employment is shifting away from its traditional base in the Midwest to the southeastern States,” says the BLS in its 2010–11 Career Guide to Industries. “A large number of these assembly plants are owned by foreign automobile makers, known as ‘domestic internationals.’”
Portugal: Center-Right wins election: "Portugal’s Social Democrats unseated the Socialist government in an emphatic election victory yesterday, giving the center-right party a strong mandate to enact a grinding austerity program amid a $114 billion bailout expected to pitch the country into deep recession. Jose Socrates, the Socialist leader and the country’s prime minister for the past six years, conceded before all the results were in. 'The Socialist Party lost these elections,' Socrates said in a speech, adding he would resign as party leader."
Free John Edwards and repeal campaign finance regulatory nonsense: "With the ridiculous criminal indictment of former presidential candidate John Edwards, this would be a good time to call for the repeal of all restrictions on the right of people to donate as much money as they want to political candidates for whatever reason they want. During his presidential campaign, Edwards learned that his mistress was pregnant and wished to keep it secret. He approached a couple of wealthy people, who gave him around million dollars to help hide the affair and the pregnancy."
A primer on the never-ending bust: "With Friday's dismal jobs report — showing a paltry 54,000 increase in nonfarm payroll employment in May — more and more analysts are realizing that the so-called economic 'recovery' is stalling. As Jeffrey Tucker recently pointed out in an important article, Austrians realize that the recession never left. This has all been smoke and mirrors for the last two years"
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, 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)
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Thomas Sowell
Two unrelated news stories on the same day show the contrast between government decisions and private decisions.
Under the headline "Foreclosed Homes Sell at Big Discounts," USA Today reported that banks were selling the homes they foreclosed on, at discounts of 38 percent in Tennessee to 41 percent in Illinois and Ohio.
Banks in general try to get rid of the homes they acquire by foreclosure, by selling them quickly for whatever they can get. Why? Because banks are forced by economic realities to realize that they are not real estate companies.
No matter how much expertise bank officials may have in financial transactions, that is very different from knowing the best ways to maintain and market empty houses.
Meanwhile, there was a story on the Fox News Channel about schools that are using their time to indoctrinate kindergartners and fourth graders with politically correct attitudes about sex.
Anyone familiar with the low standards and mushy notions in the schools and departments of education that turn out our public school teachers might think that these teachers would have all they can do to make American children competent in reading, writing and math.
Anyone familiar with how our children stack up with children from other countries in basic education would be painfully aware that American children lag behind children in countries that spend far less per pupil than we do.
In other words, teachers and schools that are failing to provide the basics of education are branching out into all sorts of other areas, where they have even less competence.
Why are teachers so bold when banks are so cautious? The banks pay a price for being wrong. Teachers don't.
If banks try to act like they are real estate companies and hold on to a huge inventory of foreclosed homes, they are likely to lose money big time, as those homes deteriorate and cannot compete with homes marketed by real estate companies with far more experience and expertise in this field.
But if teachers fail to educate children, they don't lose one dime, no matter how much those children and the country lose by their failure. If the schools waste precious time indoctrinating children, instead of educating them, that's the children's problem and the country's problem, but not the teachers' problem.
Sex indoctrination is just one of innumerable "exciting" and "innovative" self-indulgences of the schools. There is no bottom line test of what these boondoggles cost the children or the country.
Incidentally, conservatives who think that schools should be teaching "abstinence" miss the point completely. The schools have no expertise to be teaching sex at all. We should be happy if they ever develop the competence to teach math and English, so that our children can hold their own in international tests given to children in other countries.
Schools are just one government institution that take on tasks for which they have no expertise or even competence.
Congress is the most egregious example. In the course of any given year, Congress votes on taxes, medical care, military spending, foreign aid, agriculture, labor, international trade, airlines, housing, insurance, courts, natural resources, and much more.
There are professionals who have spent their entire adult lives specializing in just one of these fields. They idea that Congress can be competent in all these areas simultaneously is staggering. Yet, far from pulling back-- as banks or other private enterprises must, if they don't want to be ruined financially by operating beyond the range of their competence-- Congress is constantly expanding further into more fields.
Having spent years ruining the housing markets with their interference, leading to a housing meltdown that has taken the whole economy down with it, politicians have now moved on into micro-managing automobile companies and medical care.
They are not going to stop unless they get stopped. And that is not going to happen until the voters recognize the fact that political rhetoric is no substitute for competence.
SOURCE
****************************
Think You Know Sarah Palin? Think Again
Sarah Palin is one of the most media-saturated figures today, as filmmaker Stephen K. Bannon of the new film “The Undefeated” points out. Yet, watching the film, the details about the ex-governor that have remained unknown to the ‘lower 48’ will stun the viewer.
The film itself has an interesting origin. The Palin team approached Bannon after the 2010 election about a film, but he wasn’t interested in the short video project they mentioned. Bannon decided to do a film that the Palin team had no editorial control over, although they did help him gain access to several key players from her time in Alaska. For those wondering whether Team Sarah wanted “The Undefeated” to come out in conjunction with some sort of presidential buzz, Bannon says that the team never expressed interest in or exerted any pressure on a movie release date.
Though the film production timeline was not, it appears, done with any kind of presidential 2012 campaign in mind, it is capable of giving people a second impression of Palin and one that could prove useful in a 2012 discussion, because it’s a documentary based on facts that show the governor as an astute leader and a smart woman, unlike how she has been portrayed for the better part of three years. Bannon himself is a Harvard grad and was impressed with how Palin governed the state. He also said even some liberals in the entertainment industry are garnering a great appreciation for her as a person of substance.
Maybe that’s because “The Undefeated” takes the better part of two hours to highlight something that many people have glossed over –Sarah Palin’s legislative accomplishments.
Americans hear the generic, cliché phrases about how Palin cleaned up the good old boys network in Alaska and improved the state’s energy infrastructure. But this movie gives you the facts and details behind those clichés – it draws heavily on interviews from those who know the state best, newspaper clippings and TV coverage of Palin's time as an elected Alaskan official, and it is sewn together by narration from Palin herself that the director borrowed from audio of her book, Going Rogue.
As governor, Palin actually did comb through the Alaskan budget line by line and powerfully wielded the veto pen. She implemented important reforms to Alaska’s oil industry and pressured Exxon to start drilling again in Point Thomson after holding leasing on the land for years. The film includes an old TV report about the businesses that came to Wasilla thanks to its new pro-business atmosphere, fostered by Palin. And, unlike the Democrats who talk a big game about taking on Big Oil, Palin actually took on Big Oil with a tenacity that should make her Nancy Pelosi’s hero, releasing the stranglehold that those companies had on the oil resources and industry in her state. She didn’t stand for corruption in the Alaskan government – her ethical stance, in fact, was a key factor in the popularity that allowed her to run for governor.
What did her critics do? They responded by calling her a Spice Girl or some variation of Nordstrom girl – and this was back during her Wasilla days, way before the national media ever began launching torpedoes her way. Palin’s response? She won re-election as mayor of Wasilla with about 75 percent of the vote. She had an over 80 percent approval rating as governor.
It’s the sentiment of Bannon’s movie: think again before you underestimate Sarah Palin.
SOURCE
***************************
You know how Sarah Palin said Paul Revere warned the British? Well, he did. Now, who looks stupid?
You may have heard recently something about that Sarah Palin telling a reporter that Paul Revere warned the British on his famous rousing revolutionary ride.
Now, that so many Americans have wallowed in their smug confirmation that Palin is an idiot unqualified for anything but repeating sixth-grade history, how far, wide and fast do you think the contradictory news will spread that the former governor of Alaska was indeed correct?
That the Republican non-candidate, in fact, knew more about the actual facts of Revere's midnight ride than all those idiots unknowingly revealing their own ignorance by laughing at her faux faux pas? How secretly embarrassing this must be, to be forced to face that you're dumber than the reputed dummy.
As it happens, though, such phenomena are regular occurrences in American politics, reminding consumers of news to be wary when some fresh story seems to fit contemporary assumptions so absolutely perfectly.
The well-known fable is Revere's late-night ride to warn fellow revolutionaries that.... the British were coming. Less known, obviously, is the rest of the evening's events in which Revere was captured by said redcoats and did indeed defiantly warn them of the awakened militia awaiting their arrival ahead and of the American Revolution's inevitable victory.
Palin knew this. The on-scene reporters did not and ran off like Revere to alert the world to Palin's latest mis-speak, which wasn't.
More HERE
***********************
Why PBS is a public menace
PBS recently added 15- to 30-second "sponsorship" messages to online presentations of major programs — everything from Masterpiece to Frontline (but not children's programs). This fall, it intends to start interrupting its broadcasts with promotional spots, although in response to criticism it says it may test the idea first.
PBS calls these interruptions "program breaks" or "sponsorship announcements," but on other channels they're called commercials. So: What, in a world of hundreds of radio and TV channels, is so special about PBS and NPR that they should get $420 million a year of taxpayers' money?
When I was a boy growing up in western Kentucky, with three TV networks, it was understandable that people thought an "educational" network would add something important. But my brother's kids in that same little town later had access to hundreds of cable stations.
PBS used to ask, "If not PBS, then who?" The answer now is: HBO, Bravo, Discovery, History, History International, Science, Planet Green, Sundance, Military, C-SPAN 1/2/3 and many more.
Defenders of the tax-funded broadcast networks often point out that only about 15 percent of their funding comes from the federal government. Good — they can absorb the loss.
In 2003, NPR told potential advertisers that "compared with the general public, NPR listeners are 55 percent less likely to have a household income below $30,000 ... 152 percent more likely to have a home valued at $500,000 or more and 194 percent more likely to travel to France." And PBS viewers were 98 percent more likely to be a CEO and 315 percent more likely to have stocks valued at $75,000 or more.
Sponsors know this. The most prominent of the new online advertisers is Goldman Sachs, which knows where to find a wealthy and influential audience.
So why should working- and middle-class taxpayers be subsidizing the news and entertainment of the rich?
The main point here isn't the money, it's the separation of news and state. If anything should be kept separate from government and politics, it's the news and public-affairs programming that informs Americans about government and its policies. When government brings us the news — with all the inevitable bias and spin — it is putting its thumb on the scales of democracy.
A healthy democracy needs a free and diverse press — but Americans today have access to more sources of news and opinion than ever before: more broadcast networks than before, cable networks, satellite TV and radio, the Internet. Any diversity argument for NPR and PBS is now a sad joke.
We don't need a government news and opinion network. More important, we shouldn't require taxpayers to pay for broadcasting that will inevitably reflect a particular perspective on politics and culture. The marketplace of democracy should be a free market, in which the voices of citizens are heard, with no unfair advantage granted by government to one participant.
SOURCE
*********************
ELSEWHERE
Obama lies with statistics about auto industry jobs: "The auto industry has added 113,000 jobs over the past two years.” So proclaimed President Obama in his speech Friday. But we need to look under the hood of those employment claims. Schoenberger reported the sobering fact that even after the Bush and Obama administrations spent $62 billion to bail out Chrysler and General Motors, “the two automakers employ 16,500 fewer people than they did in 2009.” How can these two statistics — 113,000 new jobs and 16,500 fewer auto workers — simultaneously be true? Foreign automakers with plants in the South have been picking up the slack in hiring. “Automotive employment is shifting away from its traditional base in the Midwest to the southeastern States,” says the BLS in its 2010–11 Career Guide to Industries. “A large number of these assembly plants are owned by foreign automobile makers, known as ‘domestic internationals.’”
Portugal: Center-Right wins election: "Portugal’s Social Democrats unseated the Socialist government in an emphatic election victory yesterday, giving the center-right party a strong mandate to enact a grinding austerity program amid a $114 billion bailout expected to pitch the country into deep recession. Jose Socrates, the Socialist leader and the country’s prime minister for the past six years, conceded before all the results were in. 'The Socialist Party lost these elections,' Socrates said in a speech, adding he would resign as party leader."
Free John Edwards and repeal campaign finance regulatory nonsense: "With the ridiculous criminal indictment of former presidential candidate John Edwards, this would be a good time to call for the repeal of all restrictions on the right of people to donate as much money as they want to political candidates for whatever reason they want. During his presidential campaign, Edwards learned that his mistress was pregnant and wished to keep it secret. He approached a couple of wealthy people, who gave him around million dollars to help hide the affair and the pregnancy."
A primer on the never-ending bust: "With Friday's dismal jobs report — showing a paltry 54,000 increase in nonfarm payroll employment in May — more and more analysts are realizing that the so-called economic 'recovery' is stalling. As Jeffrey Tucker recently pointed out in an important article, Austrians realize that the recession never left. This has all been smoke and mirrors for the last two years"
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, 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)
****************************
Tuesday, June 07, 2011
Nazi propaganda re-emerges in San Francisco
At least since Karl Marx, the Left has been the principal home of antisemitism -- the socialist Hitler not excepted. That Hitler was defeated in WWII did however cause just about everybody to distance themselves from what he stood for. But the old passion among Leftists has remained, albeit submerged for a time. It was submerged for a few decades but after Israel's victory in the 6-day war it began to emerge again, initially as "anti-Zionism" but more and more openly as hatred of Jews in general. Some examples here.
Now at last we seem to have come perilously close to full circle. So far it is only in the Leftist stronghold of San Francisco but as goes California, so goes the country rather often -- JR.
As you may have heard by now, San Francisco will be voting this November on whether or not to ban circumcision in the city. Defenders of the measure say it’s all about “human rights” and “protecting babies” from unnecessary procedures.
But critics suspected there was something vaguely anti-Semitic about the whole proposal, since among Jews (and Muslims, as well) circumcising male babies is a religious duty, not just a mistaken medical procedure. Ban proponents insisted their proposal had nothing to do with Jews — really, it’s all about the rights of children.
Well, any doubt that they were lying have now been dispelled, with the publication of new campaign literature for the upcoming circumcision ban. The campaign comic book, called “Foreskin Man,” after its baby-saving superhero, features a litany of evil Jews doing battle with blond Nordic saviors.
More HERE. See also here
See the first link for graphics. They are too horrible for me to reproduce here. For anybody who knows the portrayal of Jews in the Nazi propaganda of the 1930's, the resemblance to 2011 San Francisco propaganda is unmistakeable. Jews who think they are safe in America are pretty right at the moment but there is no doubt about the direction events are taking. Germany was once seen as a great beacon for Jewish emancipation too -- JR
********************
The Syrian hellhole
IT WAS THE TORTURE of elementary-school students in Deraa that gave momentum to the current Syrian uprising against Bashar al-Assad's brutal regime. The children, some as young as 10, were picked up by security agents for scrawling antigovernment graffiti on a school wall. When they were released days later, there were cigarette burn marks on their bodies, and the fingernails had been pulled from their hands. Word of the torture spread, outraging Syrians and helping fuel further protest. The government's response has been a deadly crackdown with appalling new levels of cruelty.
"The stories we hear now are unimaginable in their brutality," a former Syrian intelligence officer who has turned against the regime told The Wall Street Journal recently. "It is not only to deter protesters. They enjoy hurting people for the sake of it." One such victim, a shopkeeper from Homs, was seized after leaving an antigovernment protest. As described by the Journal, the man was slashed with a scalpel on his back, then stitched up without anesthetic and beaten on the wounds. He was "kept naked and blindfolded in a room packed with detainees and excrement," where he listened to his cousin being burned with a poker, and was told to "kneel in prayer" before a portrait of Assad.
Syria, a human-rights hellhole where more than 1,000 protesters have been murdered in recent weeks, is among the "Worst of the Worst" -- the 17 countries (plus three territories) identified by Freedom House as the most repressive societies on earth. Founded in 1941 to promote freedom and democracy, Freedom House each year publishes a country-by-country survey of civil liberties and political rights in each country in the world. Those surveys show a world notably freer than it was 30 years ago, when the Iron Curtain still stood. But little of that light has penetrated to the nations needing it most.
More HERE
**************************
Young Americans Face A Brutal Summer
Young Americans graduating from colleges across the United States are facing limited job prospects, high debt and the likely necessity of returning home to live with parents in order to survive, a bitter harvest from the Obama Economy.
Our current economic policies that continue to find new and even more inventive ways to punish the prudent, destroy the entrepreneurial , reward the most irresponsible, all while burdening future generations with trillions in new debt. Commencement speeches traditionally focus on bright futures and change and “oh–the-places-you’ll-go” in an optimistic, nationwide, rah-rah as graduates turn their tassels and launch forth to conquer new worlds. Good luck with that.
Closer to the truth would be a stark admission that Obama’s economic policies have failed and the evidence is all around us. The most recent Bureau of Labor Statistics (BLS) report shows that the jobless rate (despite repeated manipulations of the data by the Obama Administration) has climbed to 9.1%, with decreases in both private and public sector jobs.
Gas prices remain high, averaging almost $4 per gallon across the United States. The Consumer Confidence Index fell to a six-month low, coming in at 60.8 (a rating of 90 shows a healthy economy). The housing market has hit a new low, according to the S&P Case/Schiller Home Price Index, and confirms the existence of a double dip in housing prices across the United States.
Even the United States’ comprehensive scorecard for the economy, the Gross Domestic Product (GDP) report shows that growth is slow. All of these indicators, on top of the recent BLS jobless report, provide proof that the economy is not growing, the recovery has not happened and that the over $1 trillion dollars that the Obama Administration spent in Stimulus did not stimulate the economy.
Is it any wonder that across the country the morale is low and that Americans think, increasingly, that the federal government is out of touch with the concerns of the average working American?
For minorities, the prospects of a good job are especially bleak; unemployment for white Americans averaged 8.9%, but African Americans averaged 17.5%, just a little more than double the rate of white unemployment. Hispanic Americans reported 11.9% unemployment.
Still, despite the grim outlook for newly minted college grads, these college grads are better off than high school grads. Young teens looking to gain work experience are finding that even low-skilled, part-time, jobs aren’t there. Unions don’t seem to want young people competing for jobs that their adult union members might perform. And, with a high minimum wage, small business owners are hesitant to bring on inexperienced labor in this uncertain economic climate.
The Bureau of Labor Statistics’ report shows that the hardest hit among all of the unemployed are America’s teens. African Americans, ages 16-19, of both sexes, show a mind-boggling 40.7% unemployed; white teens show 20.7% unemployment and Hispanic teens report 26.1% unemployment. The long-term repercussions of these unemployment numbers are troubling, yet the Obama Administration is curiously silent.
Team Obama has spent trillions of dollars and enormous political capital advancing stimulus plans and other empty calorie policies that have failed to spark employment, especially among America’s young. Instead, Obama’s policies have only further eroded American competitiveness, hindered job creation.
The consequences of a growing and prolonged unemployment within the minority and teen work community, combined with preferential legislation, create a dangerous racial cocktail of time, idleness and increased expectation of entitlements. With the high tax structure and the ever-increasing hostility towards wealth creation, entrepreneurial energies aren’t there and Americans should expect that the jobless situation will only get worse.
Young Americans will likely face the worst summer in recent history. After over two years of “fixes”, the Obama Administration has shown that they are bankrupt of ideas and incapable of providing solutions to the country’s growing problems.
More HERE
************************
One happy ending
In Florida, a couple that paid cash for their home, and never had a mortgage was foreclosed on by Bank of America. It took 18 months to straighten out and Bank of America agreed to pay the legal expenses of the homeowners.
When the bank did not pay the couple, they foreclosed on Bank of America. A Judge authorized a deputy to seize desks, copiers, and computers that could be sold to pay the expenses.
The foreclosure nightmare started when Warren and Maureen Nyerges paid cash for a home owned by Bank of American in the Golden Gate Estates. They never had a mortgage whatsoever. But, the bank fouled it up and wound up issuing a foreclosure through their attorney.
The couple took their case to court and after a year and a half nightmare the foreclosure was dropped. A Collier County judge said Bank of America has to pay the couple's $2,534 legal fees for the error. After more than five months the bank still hadn't paid up. So, the homeowners' attorney did just what the bank would do to get their money, legally seize their assets.
"I instructed the deputy to go in and take desks, computers, copiers, filing cabinets, including cash in the drawers," Attorney Todd Allen told WINK News.
Outside the Bank of America on Davis Boulevard, several deputies stood by with movers ready to start hauling out the bank's office supplies and furniture.
Inside, the homeowners' attorney was locked out of the bank manager's office by deputies while the bank manger tried to figure out what to do.
After about an hour the bank finally cut a check to satisfy the debt, and no furniture was taken. A representative for Bank of America issued a statement saying they are sorry for the delay in issuing funds. They claim the original request went to an outside attorney who is no longer in business.
More HERE
************************
ELSEWHERE
Appeals court to hear states’ case against ObamaCare: "Of the many legal challenges to the Obama-sponsored health care overhaul, the case brought by 26 states to be heard Wednesday by a federal appeals court in Atlanta stands out. In a lawsuit targeting the rule that all Americans buy health insurance, the states have banded together to claim that Congress exceeded its power and tread on states' domain."
Israeli troops fire on Golan Hts. invaders: "Israeli soldiers fired on protesters trying to breach the country’s frontier fence with Syria on the anniversary of the 1967 Middle East War. At least 20 people were killed, according to Syrian state television. Some 277 people were wounded, including 12 in critical condition, the television said. ... Israeli Prime Minister Benjamin Netanyahu said today that security forces would act with 'determination' to prevent 'extremist elements in the region' from penetrating the frontier."
Even liberal Washington Post casts doubt on auto bailouts: "As the Washington Post editorial board, which has not endorsed a Republican for president since 1952, noted, the bailout sent a harmful 'message' that the automakers are 'too big to fail.' And the bailouts might not have been necessary to save most auto jobs, since even 'If GM and Chrysler had failed, their profitable parts would, eventually, have been bought up and put to work by others … expanding production and hiring workers in the process. Government dollars spent propping up the two automakers might have created jobs elsewhere.'"
Did the recession ever really go away?: "Housing prices hitting 2002 levels, unemployment still at 9 percent, private-sector job growth flat, and retail sales still struggling: these are headlines that few expected three years ago. The prevailing theory in Washington was that the recession was somehow precipitated (and therefore vaguely caused) by the crash in housing prices, and many big and small tricks were used to goose the market. But the price system has once again proven to be the greatest and most persistent practitioner of civil disobedience on the planet."
Government salaries reach obscene levels: "Anyone who claims government employees need unions clearly is unaware of how well federal workers, who do not have collective bargaining rights, are paid. A new report by the Congressional Research Service reported that 77,057 federal workers earned more than their state’s chief executive in 2009. To make matters worse, the report, requested by Sen. Tom Coburn, R-Okla., does not even include federal employees at the Central Intelligence Agency, the Postal Service and other agencies"
Fiscal frat boys in DC should listen to women: "The movie My Big Fat Greek Wedding has a wonderful scene in which the mother tells her daughter in a thick Greek accent that 'the man is the head [of the house], but the woman is the neck and she can turn the head any way she wants.' Most of us gave a knowing chuckle at that one, because we know that women are the guardians of our families in many ways, including financial stability. ... Therefore, women who make tough pocketbook choices every day are appalled by men in Washington who won’t do the same -- even to the point of threatening the solvency of future generations."
Private governance and the shadow of the state: "In the 18th century, the government refused to enforce stock exchange contracts, seeing them as a form of gambling. Nevertheless, the Coffeehouse became a centre of commerce and contracts were usually upheld voluntarily. If you were a trader, you could rip somebody off once, but would be barred from the club. For people whose livelihoods were based on stock trading, it wasn't worth it. The same phenomenon exists today in a whole range of exchanges."
There is a new lot of postings by Chris Brand just up -- on his usual vastly "incorrect" themes of race, genes, IQ etc.
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, 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)
****************************
At least since Karl Marx, the Left has been the principal home of antisemitism -- the socialist Hitler not excepted. That Hitler was defeated in WWII did however cause just about everybody to distance themselves from what he stood for. But the old passion among Leftists has remained, albeit submerged for a time. It was submerged for a few decades but after Israel's victory in the 6-day war it began to emerge again, initially as "anti-Zionism" but more and more openly as hatred of Jews in general. Some examples here.
Now at last we seem to have come perilously close to full circle. So far it is only in the Leftist stronghold of San Francisco but as goes California, so goes the country rather often -- JR.
As you may have heard by now, San Francisco will be voting this November on whether or not to ban circumcision in the city. Defenders of the measure say it’s all about “human rights” and “protecting babies” from unnecessary procedures.
But critics suspected there was something vaguely anti-Semitic about the whole proposal, since among Jews (and Muslims, as well) circumcising male babies is a religious duty, not just a mistaken medical procedure. Ban proponents insisted their proposal had nothing to do with Jews — really, it’s all about the rights of children.
Well, any doubt that they were lying have now been dispelled, with the publication of new campaign literature for the upcoming circumcision ban. The campaign comic book, called “Foreskin Man,” after its baby-saving superhero, features a litany of evil Jews doing battle with blond Nordic saviors.
More HERE. See also here
See the first link for graphics. They are too horrible for me to reproduce here. For anybody who knows the portrayal of Jews in the Nazi propaganda of the 1930's, the resemblance to 2011 San Francisco propaganda is unmistakeable. Jews who think they are safe in America are pretty right at the moment but there is no doubt about the direction events are taking. Germany was once seen as a great beacon for Jewish emancipation too -- JR
********************
The Syrian hellhole
IT WAS THE TORTURE of elementary-school students in Deraa that gave momentum to the current Syrian uprising against Bashar al-Assad's brutal regime. The children, some as young as 10, were picked up by security agents for scrawling antigovernment graffiti on a school wall. When they were released days later, there were cigarette burn marks on their bodies, and the fingernails had been pulled from their hands. Word of the torture spread, outraging Syrians and helping fuel further protest. The government's response has been a deadly crackdown with appalling new levels of cruelty.
"The stories we hear now are unimaginable in their brutality," a former Syrian intelligence officer who has turned against the regime told The Wall Street Journal recently. "It is not only to deter protesters. They enjoy hurting people for the sake of it." One such victim, a shopkeeper from Homs, was seized after leaving an antigovernment protest. As described by the Journal, the man was slashed with a scalpel on his back, then stitched up without anesthetic and beaten on the wounds. He was "kept naked and blindfolded in a room packed with detainees and excrement," where he listened to his cousin being burned with a poker, and was told to "kneel in prayer" before a portrait of Assad.
Syria, a human-rights hellhole where more than 1,000 protesters have been murdered in recent weeks, is among the "Worst of the Worst" -- the 17 countries (plus three territories) identified by Freedom House as the most repressive societies on earth. Founded in 1941 to promote freedom and democracy, Freedom House each year publishes a country-by-country survey of civil liberties and political rights in each country in the world. Those surveys show a world notably freer than it was 30 years ago, when the Iron Curtain still stood. But little of that light has penetrated to the nations needing it most.
More HERE
**************************
Young Americans Face A Brutal Summer
Young Americans graduating from colleges across the United States are facing limited job prospects, high debt and the likely necessity of returning home to live with parents in order to survive, a bitter harvest from the Obama Economy.
Our current economic policies that continue to find new and even more inventive ways to punish the prudent, destroy the entrepreneurial , reward the most irresponsible, all while burdening future generations with trillions in new debt. Commencement speeches traditionally focus on bright futures and change and “oh–the-places-you’ll-go” in an optimistic, nationwide, rah-rah as graduates turn their tassels and launch forth to conquer new worlds. Good luck with that.
Closer to the truth would be a stark admission that Obama’s economic policies have failed and the evidence is all around us. The most recent Bureau of Labor Statistics (BLS) report shows that the jobless rate (despite repeated manipulations of the data by the Obama Administration) has climbed to 9.1%, with decreases in both private and public sector jobs.
Gas prices remain high, averaging almost $4 per gallon across the United States. The Consumer Confidence Index fell to a six-month low, coming in at 60.8 (a rating of 90 shows a healthy economy). The housing market has hit a new low, according to the S&P Case/Schiller Home Price Index, and confirms the existence of a double dip in housing prices across the United States.
Even the United States’ comprehensive scorecard for the economy, the Gross Domestic Product (GDP) report shows that growth is slow. All of these indicators, on top of the recent BLS jobless report, provide proof that the economy is not growing, the recovery has not happened and that the over $1 trillion dollars that the Obama Administration spent in Stimulus did not stimulate the economy.
Is it any wonder that across the country the morale is low and that Americans think, increasingly, that the federal government is out of touch with the concerns of the average working American?
For minorities, the prospects of a good job are especially bleak; unemployment for white Americans averaged 8.9%, but African Americans averaged 17.5%, just a little more than double the rate of white unemployment. Hispanic Americans reported 11.9% unemployment.
Still, despite the grim outlook for newly minted college grads, these college grads are better off than high school grads. Young teens looking to gain work experience are finding that even low-skilled, part-time, jobs aren’t there. Unions don’t seem to want young people competing for jobs that their adult union members might perform. And, with a high minimum wage, small business owners are hesitant to bring on inexperienced labor in this uncertain economic climate.
The Bureau of Labor Statistics’ report shows that the hardest hit among all of the unemployed are America’s teens. African Americans, ages 16-19, of both sexes, show a mind-boggling 40.7% unemployed; white teens show 20.7% unemployment and Hispanic teens report 26.1% unemployment. The long-term repercussions of these unemployment numbers are troubling, yet the Obama Administration is curiously silent.
Team Obama has spent trillions of dollars and enormous political capital advancing stimulus plans and other empty calorie policies that have failed to spark employment, especially among America’s young. Instead, Obama’s policies have only further eroded American competitiveness, hindered job creation.
The consequences of a growing and prolonged unemployment within the minority and teen work community, combined with preferential legislation, create a dangerous racial cocktail of time, idleness and increased expectation of entitlements. With the high tax structure and the ever-increasing hostility towards wealth creation, entrepreneurial energies aren’t there and Americans should expect that the jobless situation will only get worse.
Young Americans will likely face the worst summer in recent history. After over two years of “fixes”, the Obama Administration has shown that they are bankrupt of ideas and incapable of providing solutions to the country’s growing problems.
More HERE
************************
One happy ending
In Florida, a couple that paid cash for their home, and never had a mortgage was foreclosed on by Bank of America. It took 18 months to straighten out and Bank of America agreed to pay the legal expenses of the homeowners.
When the bank did not pay the couple, they foreclosed on Bank of America. A Judge authorized a deputy to seize desks, copiers, and computers that could be sold to pay the expenses.
The foreclosure nightmare started when Warren and Maureen Nyerges paid cash for a home owned by Bank of American in the Golden Gate Estates. They never had a mortgage whatsoever. But, the bank fouled it up and wound up issuing a foreclosure through their attorney.
The couple took their case to court and after a year and a half nightmare the foreclosure was dropped. A Collier County judge said Bank of America has to pay the couple's $2,534 legal fees for the error. After more than five months the bank still hadn't paid up. So, the homeowners' attorney did just what the bank would do to get their money, legally seize their assets.
"I instructed the deputy to go in and take desks, computers, copiers, filing cabinets, including cash in the drawers," Attorney Todd Allen told WINK News.
Outside the Bank of America on Davis Boulevard, several deputies stood by with movers ready to start hauling out the bank's office supplies and furniture.
Inside, the homeowners' attorney was locked out of the bank manager's office by deputies while the bank manger tried to figure out what to do.
After about an hour the bank finally cut a check to satisfy the debt, and no furniture was taken. A representative for Bank of America issued a statement saying they are sorry for the delay in issuing funds. They claim the original request went to an outside attorney who is no longer in business.
More HERE
************************
ELSEWHERE
Appeals court to hear states’ case against ObamaCare: "Of the many legal challenges to the Obama-sponsored health care overhaul, the case brought by 26 states to be heard Wednesday by a federal appeals court in Atlanta stands out. In a lawsuit targeting the rule that all Americans buy health insurance, the states have banded together to claim that Congress exceeded its power and tread on states' domain."
Israeli troops fire on Golan Hts. invaders: "Israeli soldiers fired on protesters trying to breach the country’s frontier fence with Syria on the anniversary of the 1967 Middle East War. At least 20 people were killed, according to Syrian state television. Some 277 people were wounded, including 12 in critical condition, the television said. ... Israeli Prime Minister Benjamin Netanyahu said today that security forces would act with 'determination' to prevent 'extremist elements in the region' from penetrating the frontier."
Even liberal Washington Post casts doubt on auto bailouts: "As the Washington Post editorial board, which has not endorsed a Republican for president since 1952, noted, the bailout sent a harmful 'message' that the automakers are 'too big to fail.' And the bailouts might not have been necessary to save most auto jobs, since even 'If GM and Chrysler had failed, their profitable parts would, eventually, have been bought up and put to work by others … expanding production and hiring workers in the process. Government dollars spent propping up the two automakers might have created jobs elsewhere.'"
Did the recession ever really go away?: "Housing prices hitting 2002 levels, unemployment still at 9 percent, private-sector job growth flat, and retail sales still struggling: these are headlines that few expected three years ago. The prevailing theory in Washington was that the recession was somehow precipitated (and therefore vaguely caused) by the crash in housing prices, and many big and small tricks were used to goose the market. But the price system has once again proven to be the greatest and most persistent practitioner of civil disobedience on the planet."
Government salaries reach obscene levels: "Anyone who claims government employees need unions clearly is unaware of how well federal workers, who do not have collective bargaining rights, are paid. A new report by the Congressional Research Service reported that 77,057 federal workers earned more than their state’s chief executive in 2009. To make matters worse, the report, requested by Sen. Tom Coburn, R-Okla., does not even include federal employees at the Central Intelligence Agency, the Postal Service and other agencies"
Fiscal frat boys in DC should listen to women: "The movie My Big Fat Greek Wedding has a wonderful scene in which the mother tells her daughter in a thick Greek accent that 'the man is the head [of the house], but the woman is the neck and she can turn the head any way she wants.' Most of us gave a knowing chuckle at that one, because we know that women are the guardians of our families in many ways, including financial stability. ... Therefore, women who make tough pocketbook choices every day are appalled by men in Washington who won’t do the same -- even to the point of threatening the solvency of future generations."
Private governance and the shadow of the state: "In the 18th century, the government refused to enforce stock exchange contracts, seeing them as a form of gambling. Nevertheless, the Coffeehouse became a centre of commerce and contracts were usually upheld voluntarily. If you were a trader, you could rip somebody off once, but would be barred from the club. For people whose livelihoods were based on stock trading, it wasn't worth it. The same phenomenon exists today in a whole range of exchanges."
There is a new lot of postings by Chris Brand just up -- on his usual vastly "incorrect" themes of race, genes, IQ etc.
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, 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)
****************************
Sunday, June 05, 2011
Humpty Obumpty and the Arab Spring
By Spengler
I've been warning for months that Egypt, Syria, Tunisia and other Arab oil-importing countries face a total economic meltdown (see Food and failed Arab states, Feb 2, and The hunger to come in Egypt, May 10). Now the International Monetary Fund (IMF) has confirmed my warnings.
The leaders of the industrial nations waited until last weekend's Group of Eight (G-8) summit to respond, and at the initiative of United States President Barack Obama proposed what sounds like a massive aid program but probably consists mainly of refurbishing old programs.
The egg has splattered, and all of Obumpty's horses and men can't mend it. Even the G-8's announcement was fumbled; Canada's Prime Minister Steven Harper refused to commit new money, a dissonant note that routine diplomatic preparation would have pre-empted.
The numbers thrown out by the IMF are stupefying. "In the current baseline scenario," wrote the IMF on May 27, "the external financing needs of the region's oil importers is projected to exceed $160 billion during 2011-13." That's almost three years' worth of Egypt's total annual imports as of 2010. As of 2010, the combined current account deficit (that is, external financing needs) of Egypt, Syria, Yemen, Morocco and Tunisia was about $15 billion a year.
What the IMF says, in effect, is that the oil-poor Arab economies - especially Egypt - are not only broke, but dysfunctional, incapable of earning more than a small fraction of their import bill. The disappearance of tourism is an important part of the problem, but shortages of fuel and other essentials have had cascading effects throughout these economies.
"In the next 18 months," the IMF added, "a greater part of these financing needs will need to be met from the international community because of more cautious market sentiments during the uncertain transition."
Translation: private investors aren't stupid enough to throw money down a Middle Eastern rat-hole, and now that the revolutionary government has decided to make a horrible example of deposed president Hosni Mubarak, anyone who made any money under his regime is cutting and running. At its May 29 auction of treasury bills, Egypt paid about 12% for short-term money, to its own captive banking system. Its budget deficit in the next fiscal year, the government says, will exceed $30 billion.
And the IMF's $160 billion number is only "external financing"; that is, maintaining imports into a busted economy. It doesn't do a thing to repair busted economies that import half their caloric intake, as do the oil-poor Arab nations.
Egypt's economy is in free fall. Its biggest foreign exchange earner was a tourist industry that won't come back for a decade, if ever. The IMF's $160 billion doesn't take into account the costs of teaching two-fifths of the Egyptian population to read, or raising crop yields to more than a fifth of American levels, or training university graduates to do more than stamp identity cards and shuffle papers. As the international organization made clear, this is what Egypt and its neighbors require merely to pay for essential imports.
Of course, the IMF's admission that Egypt, Tunisia, Syria and Yemen can't meet the majority of their import bill without foreign aid does not increase the probability that these countries will obtain financing on that scale. On May 30, the IMF announced that it would lend $3 billion to Egypt - a tenth of its budget deficit - sometime in June. The G-8 offered the grandiose pledge of $20 billion in their own money along with $20 billion from the IMF, World Bank, and so forth, to support the "Arab Spring", with the dissension of the Canadian prime minister. But it is unclear whether that represents new money, or a shuffling of existing aid commitments, or nothing whatever.
Whatever the Group of Eight actually had in mind, the proposed aid package for the misnomered Arab Spring has already become a punching bag for opposition budget-cutters. "Should we be borrowing money from China to turn around and give it to the Muslim Brotherhood?" Sarah Palin asked on May 27.
"Now, given that Egypt has a history of corruption when it comes to utilizing American aid, it is doubtful that the money will really help needy Egyptian people. Couple that with the fact that the Muslim Brotherhood is organized to have a real shot at taking control of Egypt’s government, and one has to ask why we would send money (that we don't have) into unknown Egyptian hands," the former Republican vice-presidential candidate added.
Whether any amount of foreign aid will stabilize Egypt's economic position is questionable, even if the industrial nations and the Arab Gulf states opened their purses, which is doubtful.
From Arab-language online media, it appears that Egypt's economic troubles have metastasized. Last month, rice disappeared from public storehouses amid press reports that official food distribution organizations were selling the grain by the container on the overseas market. Last week, diesel fuel was the scarce commodity, with 24-hour queues forming around gasoline stations. Foreign tankers were waiting at Port Said on the Suez Canal to pump diesel oil from storage facilities, as government officials sold the scarce commodity for cash.
This is the sort of general breakdown I observed in 1992 in Russia, following the collapse of the communist government. As an adviser to finance minister Yegor Gaidar, I heard stories of Russian officials selling unregistered trainloads of raw materials on foreign markets and depositing the proceeds in Swiss banking accounts. Anything of value that could find a buyer overseas was sold. I didn't last long as an adviser; looting and pillaging wasn't my area of competence. Russia, it should be recalled, is largely self-sufficient in food and is among the world's largest oil producers, while Egypt imports half its food. Russia had enormous resources on which to draw. Egypt, Syria and Tunisia have nothing.
For 60 years, the Egyptian army and associated crony capitalists ran the economy as a private preserve. Although the army remains in nominal charge, the public humiliation of Mubarak serves notice on the previous masters of Egypt's little universe that they are as vulnerable as their former patron. Everyone who can get out will and will take with them whatever they can.
Syria is also vulnerable to hunger, the UN's Food and Agriculture Organization (FAO) warned May 23. "Continuing unrest in Syria will not only affect economic growth but could disrupt food distribution channels leading to severe localized shortages in main markets," according to the FAO. ''Syria hosts one of the largest urban refugee populations in the world, including nearly one million Iraqis who have become more vulnerable because of rising food and fuel prices."
Nearly 700,000 Libyan refugees have reached Libya and Egypt, fleeing their country's civil war. At least 30,000 Tunisian refugees (and likely many more) have overwhelmed camps in Italy, and perhaps a tenth of that number have drowned in the attempt to reach Europe. A large but unknown number of Syrian refugees have fled to Lebanon and Turkey.
Robert Fisk wrote in the London Independent on May 30 that Turkey fears a mass influx of Syrian Kurdish refugees, so that "Turkish generals have thus prepared an operation that would send several battalions of Turkish troops into Syria itself to carve out a 'safe area' for Syrian refugees inside Assad's caliphate." The borders of the affected nations have begun to dissolve along with their economies. It will get worse fast.
SOURCE
*********************
Israel as a GROWING Middle Eastern hegemon
Spengler indulges below in some straight-line extrapolation. Such extrapolations are almost always wrong but in this case it has considerable plausibility -- JR
Like the vanishing point in a perspective painting, long-term projections help us order our perceptions of what we see in front of us today. Here's one to think about, fresh from the just-released update of the United Nations' population forecasts: At constant fertility, Israel will have more young people by the end of this century than either Turkey or Iran, and more than German, Italy or Spain.
With a total fertility rate of three children per woman, Israel's total population will rise to 24 million by the end of the present century. Iran's fertility is around 1.7 and falling, while the fertility for ethnic Turks is only 1.5 (the Kurdish minority has a fertility rate of around 4.5).
Not that the size of land armies matters much in an era of high-tech warfare, but if present trends continue, Israel will be able to field the largest land army in the Middle East. That startling data point, though, should alert analysts to a more relevant problem: among the military powers in the Middle East, Israel will be the only one with a viable population structure by the middle of this century.
That is why it is in America's interest to keep Israel as an ally. Israel is not only the strongest power in the region; in a generation or two it will be the only power in the region, the last man standing among ruined neighbors. The demographic time bomb in the region is not the Palestinian Arabs on the West Bank, as the Israeli peace party wrongly believed, but rather Israel itself.
The right way to read this projection is backwards: Israelis love children and have lots of them because they are happy, optimistic and prosperous. Most of Israel's population increase comes from so-called "secular" Israelis, who have 2.6 children on average, more than any other people in the industrial world. The ultra-Orthodox have seven or eight, bringing total fertility to three children.
Europeans, Turks and Iranians, by contrast, have very few children because they are grumpy, alienated and pessimistic. It's not so much the projection of the demographic future cranked out by the United Nations computers that counts, but rather the implicit vision of the future in the minds of today's prospective parents.
People who can't be bothered to have children presumably have a very dim view of days to come. Reams have been written, to be sure, about Europe's demographic tailspin. Less has been said about Persian pessimism and Anatolian anomie.
Paradoxically, this makes Israel's present position dangerous, for its enemies understand that they have a very brief window in which to encircle the Jewish superpower. The collapse of Egypt and possibly that of Syria shortens this window. Nothing short of American support for a unilateral declaration of a Palestinian state on the 1949 armistice lines followed by economic sanctions against Israel, though, is likely to make a difference, and this seems unlikely.
Israel already is a high-tech superpower. Israeli leads the Group of 7 industrial nations in patent applications. As Professor Reuven Brenner of McGill University wrote in the January 2010 issue of First Things:
"Today Israel's venture capital industry still raises more funds than any other venue except the United States. In 2006 alone, 402 Israeli hi-tech companies raised over $1.62 billion - the highest amount in the past five years. That same year, Israel had 80 active venture capital funds and over $10 billion under management, invested in over 1,000 Israeli start-ups."
Maintaining the stunning progress of the past decade will be a challenge, because Israel's high-tech sector received a one-time boost from Russian emigration. As Brenner observes:
"Of the million Russians who moved to Israel during the 1980s and 1990s, more than 55 percent had post-secondary education, and more than half held academic and managerial positions in their former country ... This made Israel the world leader in the scientist and engineer workforce, followed by the United States with 80 and Germany with 55 scientists and engineers per 10,000 members of its labor force."
Israel's prowess in the arts matches its accomplishments in technology and business. Israel has become something of a superpower in that most characteristically Western art form, classical music. In a July 21, 2010, survey of Israeli music for the webzine Tablet, I wrote, "Israelis take to classical music - the art form that most clearly creates a sense of the future - like no other people on earth, to the point that music has become part of Israel's character, an embodiment of the national genius for balancing hope and fear."
Israel has one the largest local audience for chamber music recitals of any country in the world, and its leading musicians occupy top slots around the world - for example Guy Braunstein, concertmaster (principal violin) of the Berlin Philharmonic.
This, I believe, explains the implacable hostility of Israel's neighbors, as well as the Europeans. It is the unquenchable envy of the dying towards the living. Having failed at Christianity, and afterward failed at neo-pagan nationalism, Europe has reconciled itself to a quiet passage into oblivion.
Israel's success is a horrible reminder of European failure; its bumptious nationalism grates against Europe's determination to forget its own ugly embrace of nationalism; and its implicitly religious raison d'etre provokes post-Christian rage. Above all, it offends Europe that Israel brims with life. Some of Europe's great nations may not survive the present century. At constant fertility, Israel will have more citizens than any of the Eastern European countries where large numbers of Jews resided prior to the Holocaust.
In the constant fertility scenario, Israel will end the century at a median age of 32, while Poland will have a median age of 57. That is an inherently impossible outcome, because in that case most of Poland's population would be elderly dependents. To support them, the remaining young people would have to emigrate and work overseas (perhaps in Israel).
The Muslim world, meanwhile, is turning grey at an unprecedented rate. Turkey's and Iran's median age will surpass the 40-year mark by mid-century, assuming constant fertility, while Israel's will stabilize in the mid-30s. Europe will become an impoverished geriatric ward.
The implications of these trends have not escaped the leaders of the affected countries. "If we continue the existing trend, 2038 will mark disaster for us," Turkish President Recep Tayyip Erdogan warned in May 2010
I do not know whether Erdogan chose the year 2038 by statistical projection, or whether he consulted the Muslim counterpart of Harold Camping, but it will do as well as any. Iran's President Mahmud Ahmadinejad, meanwhile, has warned repeatedly of "national extinction" if the country's low birth rate persists.
What happens to Egypt and Syria in this scenario is of small importance. Neither country will come out of the present crisis in any condition to fight, if they come out of it at all. Egypt's social structure - with two-fifths of the country immured in extreme rural poverty, and another quarter starving on thin subsidies in Cairo and Alexandria - simply is not viable.
There is no civil society underneath the military. The collapse of Mubarak's military dictatorship came about when food price inflation revealed its incapacity to meet the population's basic needs. But the collapse of military rule and the flight of the army-linked oligarchy that milked the Egyptian economy for 60 years is a near-term disaster.
In place of the orderly corruption over which Mubarak presided, there is a scramble on the part of half-organized political groups to get control of the country's shrinking supply of basic goods. Civic violence likely will claim more lives than hunger.
Refugees from Libya and Tunisia have swamped the refugee camps on the closest Italian island, and hundreds have drowned in small boats attempting to cross the Mediterranean. By the end of this year, tourists on the Greek islands may see thousands of small boats carrying hungry Egyptians seeking help. Europe's sympathy for the Arab side may vanish under an inundation of refugees.
SOURCE
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, 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)
****************************
By Spengler
I've been warning for months that Egypt, Syria, Tunisia and other Arab oil-importing countries face a total economic meltdown (see Food and failed Arab states, Feb 2, and The hunger to come in Egypt, May 10). Now the International Monetary Fund (IMF) has confirmed my warnings.
The leaders of the industrial nations waited until last weekend's Group of Eight (G-8) summit to respond, and at the initiative of United States President Barack Obama proposed what sounds like a massive aid program but probably consists mainly of refurbishing old programs.
The egg has splattered, and all of Obumpty's horses and men can't mend it. Even the G-8's announcement was fumbled; Canada's Prime Minister Steven Harper refused to commit new money, a dissonant note that routine diplomatic preparation would have pre-empted.
The numbers thrown out by the IMF are stupefying. "In the current baseline scenario," wrote the IMF on May 27, "the external financing needs of the region's oil importers is projected to exceed $160 billion during 2011-13." That's almost three years' worth of Egypt's total annual imports as of 2010. As of 2010, the combined current account deficit (that is, external financing needs) of Egypt, Syria, Yemen, Morocco and Tunisia was about $15 billion a year.
What the IMF says, in effect, is that the oil-poor Arab economies - especially Egypt - are not only broke, but dysfunctional, incapable of earning more than a small fraction of their import bill. The disappearance of tourism is an important part of the problem, but shortages of fuel and other essentials have had cascading effects throughout these economies.
"In the next 18 months," the IMF added, "a greater part of these financing needs will need to be met from the international community because of more cautious market sentiments during the uncertain transition."
Translation: private investors aren't stupid enough to throw money down a Middle Eastern rat-hole, and now that the revolutionary government has decided to make a horrible example of deposed president Hosni Mubarak, anyone who made any money under his regime is cutting and running. At its May 29 auction of treasury bills, Egypt paid about 12% for short-term money, to its own captive banking system. Its budget deficit in the next fiscal year, the government says, will exceed $30 billion.
And the IMF's $160 billion number is only "external financing"; that is, maintaining imports into a busted economy. It doesn't do a thing to repair busted economies that import half their caloric intake, as do the oil-poor Arab nations.
Egypt's economy is in free fall. Its biggest foreign exchange earner was a tourist industry that won't come back for a decade, if ever. The IMF's $160 billion doesn't take into account the costs of teaching two-fifths of the Egyptian population to read, or raising crop yields to more than a fifth of American levels, or training university graduates to do more than stamp identity cards and shuffle papers. As the international organization made clear, this is what Egypt and its neighbors require merely to pay for essential imports.
Of course, the IMF's admission that Egypt, Tunisia, Syria and Yemen can't meet the majority of their import bill without foreign aid does not increase the probability that these countries will obtain financing on that scale. On May 30, the IMF announced that it would lend $3 billion to Egypt - a tenth of its budget deficit - sometime in June. The G-8 offered the grandiose pledge of $20 billion in their own money along with $20 billion from the IMF, World Bank, and so forth, to support the "Arab Spring", with the dissension of the Canadian prime minister. But it is unclear whether that represents new money, or a shuffling of existing aid commitments, or nothing whatever.
Whatever the Group of Eight actually had in mind, the proposed aid package for the misnomered Arab Spring has already become a punching bag for opposition budget-cutters. "Should we be borrowing money from China to turn around and give it to the Muslim Brotherhood?" Sarah Palin asked on May 27.
"Now, given that Egypt has a history of corruption when it comes to utilizing American aid, it is doubtful that the money will really help needy Egyptian people. Couple that with the fact that the Muslim Brotherhood is organized to have a real shot at taking control of Egypt’s government, and one has to ask why we would send money (that we don't have) into unknown Egyptian hands," the former Republican vice-presidential candidate added.
Whether any amount of foreign aid will stabilize Egypt's economic position is questionable, even if the industrial nations and the Arab Gulf states opened their purses, which is doubtful.
From Arab-language online media, it appears that Egypt's economic troubles have metastasized. Last month, rice disappeared from public storehouses amid press reports that official food distribution organizations were selling the grain by the container on the overseas market. Last week, diesel fuel was the scarce commodity, with 24-hour queues forming around gasoline stations. Foreign tankers were waiting at Port Said on the Suez Canal to pump diesel oil from storage facilities, as government officials sold the scarce commodity for cash.
This is the sort of general breakdown I observed in 1992 in Russia, following the collapse of the communist government. As an adviser to finance minister Yegor Gaidar, I heard stories of Russian officials selling unregistered trainloads of raw materials on foreign markets and depositing the proceeds in Swiss banking accounts. Anything of value that could find a buyer overseas was sold. I didn't last long as an adviser; looting and pillaging wasn't my area of competence. Russia, it should be recalled, is largely self-sufficient in food and is among the world's largest oil producers, while Egypt imports half its food. Russia had enormous resources on which to draw. Egypt, Syria and Tunisia have nothing.
For 60 years, the Egyptian army and associated crony capitalists ran the economy as a private preserve. Although the army remains in nominal charge, the public humiliation of Mubarak serves notice on the previous masters of Egypt's little universe that they are as vulnerable as their former patron. Everyone who can get out will and will take with them whatever they can.
Syria is also vulnerable to hunger, the UN's Food and Agriculture Organization (FAO) warned May 23. "Continuing unrest in Syria will not only affect economic growth but could disrupt food distribution channels leading to severe localized shortages in main markets," according to the FAO. ''Syria hosts one of the largest urban refugee populations in the world, including nearly one million Iraqis who have become more vulnerable because of rising food and fuel prices."
Nearly 700,000 Libyan refugees have reached Libya and Egypt, fleeing their country's civil war. At least 30,000 Tunisian refugees (and likely many more) have overwhelmed camps in Italy, and perhaps a tenth of that number have drowned in the attempt to reach Europe. A large but unknown number of Syrian refugees have fled to Lebanon and Turkey.
Robert Fisk wrote in the London Independent on May 30 that Turkey fears a mass influx of Syrian Kurdish refugees, so that "Turkish generals have thus prepared an operation that would send several battalions of Turkish troops into Syria itself to carve out a 'safe area' for Syrian refugees inside Assad's caliphate." The borders of the affected nations have begun to dissolve along with their economies. It will get worse fast.
SOURCE
*********************
Israel as a GROWING Middle Eastern hegemon
Spengler indulges below in some straight-line extrapolation. Such extrapolations are almost always wrong but in this case it has considerable plausibility -- JR
Like the vanishing point in a perspective painting, long-term projections help us order our perceptions of what we see in front of us today. Here's one to think about, fresh from the just-released update of the United Nations' population forecasts: At constant fertility, Israel will have more young people by the end of this century than either Turkey or Iran, and more than German, Italy or Spain.
With a total fertility rate of three children per woman, Israel's total population will rise to 24 million by the end of the present century. Iran's fertility is around 1.7 and falling, while the fertility for ethnic Turks is only 1.5 (the Kurdish minority has a fertility rate of around 4.5).
Not that the size of land armies matters much in an era of high-tech warfare, but if present trends continue, Israel will be able to field the largest land army in the Middle East. That startling data point, though, should alert analysts to a more relevant problem: among the military powers in the Middle East, Israel will be the only one with a viable population structure by the middle of this century.
That is why it is in America's interest to keep Israel as an ally. Israel is not only the strongest power in the region; in a generation or two it will be the only power in the region, the last man standing among ruined neighbors. The demographic time bomb in the region is not the Palestinian Arabs on the West Bank, as the Israeli peace party wrongly believed, but rather Israel itself.
The right way to read this projection is backwards: Israelis love children and have lots of them because they are happy, optimistic and prosperous. Most of Israel's population increase comes from so-called "secular" Israelis, who have 2.6 children on average, more than any other people in the industrial world. The ultra-Orthodox have seven or eight, bringing total fertility to three children.
Europeans, Turks and Iranians, by contrast, have very few children because they are grumpy, alienated and pessimistic. It's not so much the projection of the demographic future cranked out by the United Nations computers that counts, but rather the implicit vision of the future in the minds of today's prospective parents.
People who can't be bothered to have children presumably have a very dim view of days to come. Reams have been written, to be sure, about Europe's demographic tailspin. Less has been said about Persian pessimism and Anatolian anomie.
Paradoxically, this makes Israel's present position dangerous, for its enemies understand that they have a very brief window in which to encircle the Jewish superpower. The collapse of Egypt and possibly that of Syria shortens this window. Nothing short of American support for a unilateral declaration of a Palestinian state on the 1949 armistice lines followed by economic sanctions against Israel, though, is likely to make a difference, and this seems unlikely.
Israel already is a high-tech superpower. Israeli leads the Group of 7 industrial nations in patent applications. As Professor Reuven Brenner of McGill University wrote in the January 2010 issue of First Things:
"Today Israel's venture capital industry still raises more funds than any other venue except the United States. In 2006 alone, 402 Israeli hi-tech companies raised over $1.62 billion - the highest amount in the past five years. That same year, Israel had 80 active venture capital funds and over $10 billion under management, invested in over 1,000 Israeli start-ups."
Maintaining the stunning progress of the past decade will be a challenge, because Israel's high-tech sector received a one-time boost from Russian emigration. As Brenner observes:
"Of the million Russians who moved to Israel during the 1980s and 1990s, more than 55 percent had post-secondary education, and more than half held academic and managerial positions in their former country ... This made Israel the world leader in the scientist and engineer workforce, followed by the United States with 80 and Germany with 55 scientists and engineers per 10,000 members of its labor force."
Israel's prowess in the arts matches its accomplishments in technology and business. Israel has become something of a superpower in that most characteristically Western art form, classical music. In a July 21, 2010, survey of Israeli music for the webzine Tablet, I wrote, "Israelis take to classical music - the art form that most clearly creates a sense of the future - like no other people on earth, to the point that music has become part of Israel's character, an embodiment of the national genius for balancing hope and fear."
Israel has one the largest local audience for chamber music recitals of any country in the world, and its leading musicians occupy top slots around the world - for example Guy Braunstein, concertmaster (principal violin) of the Berlin Philharmonic.
This, I believe, explains the implacable hostility of Israel's neighbors, as well as the Europeans. It is the unquenchable envy of the dying towards the living. Having failed at Christianity, and afterward failed at neo-pagan nationalism, Europe has reconciled itself to a quiet passage into oblivion.
Israel's success is a horrible reminder of European failure; its bumptious nationalism grates against Europe's determination to forget its own ugly embrace of nationalism; and its implicitly religious raison d'etre provokes post-Christian rage. Above all, it offends Europe that Israel brims with life. Some of Europe's great nations may not survive the present century. At constant fertility, Israel will have more citizens than any of the Eastern European countries where large numbers of Jews resided prior to the Holocaust.
In the constant fertility scenario, Israel will end the century at a median age of 32, while Poland will have a median age of 57. That is an inherently impossible outcome, because in that case most of Poland's population would be elderly dependents. To support them, the remaining young people would have to emigrate and work overseas (perhaps in Israel).
The Muslim world, meanwhile, is turning grey at an unprecedented rate. Turkey's and Iran's median age will surpass the 40-year mark by mid-century, assuming constant fertility, while Israel's will stabilize in the mid-30s. Europe will become an impoverished geriatric ward.
The implications of these trends have not escaped the leaders of the affected countries. "If we continue the existing trend, 2038 will mark disaster for us," Turkish President Recep Tayyip Erdogan warned in May 2010
I do not know whether Erdogan chose the year 2038 by statistical projection, or whether he consulted the Muslim counterpart of Harold Camping, but it will do as well as any. Iran's President Mahmud Ahmadinejad, meanwhile, has warned repeatedly of "national extinction" if the country's low birth rate persists.
What happens to Egypt and Syria in this scenario is of small importance. Neither country will come out of the present crisis in any condition to fight, if they come out of it at all. Egypt's social structure - with two-fifths of the country immured in extreme rural poverty, and another quarter starving on thin subsidies in Cairo and Alexandria - simply is not viable.
There is no civil society underneath the military. The collapse of Mubarak's military dictatorship came about when food price inflation revealed its incapacity to meet the population's basic needs. But the collapse of military rule and the flight of the army-linked oligarchy that milked the Egyptian economy for 60 years is a near-term disaster.
In place of the orderly corruption over which Mubarak presided, there is a scramble on the part of half-organized political groups to get control of the country's shrinking supply of basic goods. Civic violence likely will claim more lives than hunger.
Refugees from Libya and Tunisia have swamped the refugee camps on the closest Italian island, and hundreds have drowned in small boats attempting to cross the Mediterranean. By the end of this year, tourists on the Greek islands may see thousands of small boats carrying hungry Egyptians seeking help. Europe's sympathy for the Arab side may vanish under an inundation of refugees.
SOURCE
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, 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, June 04, 2011
Will Afghanistan be Vietnam all over again?
Vietnam was a casualty of American politics, not a loss by the troops in the field
Most Americans don’t realize how far President Obama has bowed down to the Taliban – and that he is potentially setting them up to rule Afghanistan.
While the fact that we are negotiating with the Taliban has been fleetingly covered here in America, a search of Lexis-Nexis shows that the rest of the story about the concessions we have offered them has been virtually blacked out by the mainstream media in the US. Things are so bad that we now aren’t even requiring that they renounce their ties to al-Qaida before we negotiate with them.
You’d have to read British newspapers to learn that, and about how they have humiliated our president and British Prime Minister David Cameron on the national stage in negotiation.
The Obama administration is so desperate to appease the Islamist savages and cut a peace deal with them that US negotiators no longer require preconditions of Taliban fighters we negotiate with -- like that they halt the killing of innocent civilians and our troops or break with al Qaida, The Telegraph of London reports.
Apparently, terrorist attacks on US soil aren’t off limits either. Incredibly, these “negotiations” with the Taliban began last fall, just five months after the attempted Times Square bombing attack by Faisal Shahzad, which was funded by the Taliban.
US negotiators and their British counterparts aren’t even requiring that the Taliban embrace the Afghan constitution our troops and many Afghans paid for with blood. Worse yet, they are aiming to turn control of the county at least partly over to the Taliban in a “shared power” deal, essentially throwing the Afghan people to the wolves.
Meanwhile our troops continue to die fighting for what the Obama administration is giving away at the negotiating table as they take bullets enforcing the Afghan constitution. The Taliban killed four US soldiers and 42 innocent civilians in bombings at hospital and construction sites this month, and were recently caught attempting to smuggle suicide bombers as young as nine years old into the country.
If the American public got the full story on this, they’d be outraged. The Taliban, meanwhile, are so emboldened that they have even demanded we release 20 prisoners from the Guantanamo Bay holding facility as part of negotiations, one of the few details of these negotiations that have actually been reported by the US press.
Then last week the Taliban humiliated Obama and Cameron during their European summit on Afghanistan. Despite our over- the-top concessions, upper level Taliban leaders refused to show up to highly publicized “peace” talks in Germany after deciding they didn’t want to well, talk. (Talks thus far talks had been with mid- level leaders.) News that the Taliban jilted Obama at the negotiating table filled European papers just as Obama’s entourage hit the continent.
They way the Taliban see it, The Telegraph reports, “they can simply sit it out and wait for victory in 2014,” when troops are scheduled to exit.
An aide to Taliban leader Mullah Omar explained the group’s position in November.
“All of these reports of peace talks are nonsense,” Mullah Aminullah told NBC News. “This is just propaganda by the U.S. and its NATO allies to hide their defeat on the battlefield. We are winning, why should we negotiate?”
The Taliban have been laughing since Secretary of State Hillary Clinton first proposed negotiating with the “moderate” members of the Taliban in 2009.
Taliban spokesman Zabihullah Mujahid called this a “lunatic idea,” insisting that there were no moderate Taliban. “They have to go and find the moderate Taliban, their leader, and speak to them,” he told Reuters.
It’s baffling as well to many British observers why we would want or need a make a deal with the Taliban at all as part of exiting Afghanistan. "British and US strategy should be about containing terrorism, not brokering a final peace,” Tory MP Rory Stewart told the paper.
Still Obama and Cameron plow ahead, pushing for what the British papers call a “political solution.” By that they mean one that will make Obama look great … to America’s enemies.
SOURCE
**************************
Obama is borrowing and printing money like there is no tomorrow
Responsible government finance has vanished
The U.S. has already defaulted on its debts. We’re just all politely pretending that we haven’t. But we have.
According to Pimco, last year, the Federal Reserve — a central bank printing press — bought 70 percent of Treasury debt. The year before, it bought 80 percent. Where did the money come from? Out of thin air.
This is the “pretended payment” on sovereign debt that economist Adam Smith warned against, which he wrote in The Wealth of Nations “has gradually enfeebled every state which has adopted it.” To him, increasing the money supply to pay the debt was substantively no different than a public bankruptcy.
So, while the Fed dresses up its actions as targeting unemployment or maintaining its balance sheet, the real reason for QE2 has been to prop up the U.S. Treasury from a catastrophic default, just as the European Central Bank (ECB) has been propping up Greece, Ireland, and Portugal.
And as the bank assures the American people it will not be engaging in QE3, its treasuries holdings will continue to rise from their current $1.5 trillion level after QE2 ends in June. It’s already the world’s largest lender to the U.S. government, more than China or Japan. So how can it become an even larger sovereign lender?
It still has $922 billion of mortgage-backed securities (MBS) left over from its $1.25 trillion bailout to financial institutions all over the world. It has been slowly selling them off, and replacing them with more treasuries purchases. So, we should continue to expect more of that over the next year. The Fed will continue monetizing the debt — i.e. printing money to pay principal and interest owed on the $14.3 trillion national debt.
More HERE
***************************
Obama rewrites history in pursuit of making Muslim friends
Barack Obama is clearly obsessed with currying favor with the Muslim world. This obsession prompts Obama to periodically insult Israel (the only democracy in the Middle East and America's only real ally there) and, more egregiously, misrepresents America's history with the Muslim world. This reduces America's standing abroad and weakens our security.
Obama's misrepresentation of America's history with Muslims is best exemplified by his first television interview as president in January 2009 and his June 2009 speech in Cairo, Egypt.
Obama's first television interview as president was with the Saudi-funded Arabic network Al Arabiya. During this interview, Obama told the Muslim world that America is not their enemy, America has made mistakes, America has not been perfect, and that America needs to re-establish the respect and partnership that it had with the Muslim world 20 or 30 years ago.
Obama ignored that our history with the Muslim world since 1979 is replete with Islamic terrorist attacks on America, including:
1979 - Iranian terrorists held American diplomats hostage in Tehran, the government of Iran was (and still is) a state sponsor of terrorism, Iran's leader Ayatollah Khomeini declared war on the United States, and thousands of Iranians paraded through Tehran shouting "Death to America."
1983 - Hezbollah bombed the U.S. Embassy and U.S. Marine Headquarters in Beirut, killing 257 Americans and 58 French soldiers.
1993 - al Qaeda bombed the World Trade Center, killing six.
1998 - al Qaeda bombed two U.S. embassies in Africa, killing 224.
2001 - the September 11 attacks by al Qaeda killed 2,977.
Conversely, over the last 30 years America has repeatedly come to the aid of threatened Muslims. Somalia, Bosnia, Kosovo, Kuwait, Iraq and Afghanistan are some examples.
Why didn't Obama ever mention this?
In his Cairo speech, Obama called for a new beginning in relations between America and the Muslim world. Obama then said that Western democratic colonialism was the root cause of the problems with Islamic countries in the Middle East.
Actually, Islamic authoritarianism and corruption are the real root causes of the problems that have plagued the Middle East for centuries.
Even more egregious was Obama's misrepresentation of the conflict between Islam and the West. Obama said that Islam has a tradition of tolerance and used the conduct of Muslims in Andalusia and Cordoba during the Inquisition to illustrate this point. However, Obama ignored that both cities were governed by Christians during the Inquisition, not Muslims, and Islam was the aggressor during the Middle Ages, not Christianity. It is often overlooked that the much-criticized Crusades were a Christian self-defense effort.
Obama also claimed, "In the United States, rules on charitable giving have made it harder for Muslims to fulfill their religious obligation. That's why I'm committed to working with American-Muslims to ensure they can fulfill zakat."
Obama is wrong for two reasons.
First, there are no American laws that make it harder for Muslims to give to charity. America has laws against material support of terrorism - against using charities as fronts to channel money to jihadists. Those laws are not directed at Muslims. They apply to everyone but are applied most often to Muslims - because Muslims carry out most anti-American terrorism.
Second, Obama's claim that the religious obligation of zakat is the equivalent of "charitable giving" is incorrect. Zakat is every Muslim's obligation to contribute to the fortification of the ummah, the theoretical worldwide Islamic nation - which includes the funding of violent jihad against non-Muslims.
So what has the misrepresentation of America's history with the Muslim world produced? Nothing.
There has been no change in the Muslim world's relationship with and perception of America. The governments of Iran, Syria, Sudan, and Palestine, among others, are still openly hostile to America. Iran is openly developing nuclear weapons to use against the U.S. and Israel. Muslim extremists are attempting to take control of Egypt, Libya and other nations currently experiencing uprisings.
America does not need more outreach to the Muslim world by Obama. Instead, America needs Obama to support Israel and stand up to the Muslim world and demand that it takes action against its extremists and terrorists to stop their murderous and destructive activities against America and our allies.
SOURCE
*************************
Obama's Job Recession
Political advantage can be fleeting. A couple of months ago, during the winter quarter, job gains looked to be picking up, unemployment was easing lower, and President Obama’s reelection hopes looked more secure. But things sure have changed.
In recent weeks, a whole bunch of new economic stats have been pointing to a sputtering economy -- maybe even an inflation-prone, less-than-2-percent-growth recession. Stocks have dropped five straight weeks, as they look toward slower growth, jobs, and profits out to year end. And Friday’s jobs report didn’t buck these trends.
“Anemic” is the adjective being tossed around the media. According to the Labor Department, nonfarm payrolls increased a meager 54,000 in May, while private payrolls gained only 83,000. A week or two ago, Wall Street expected 200,000-plus new jobs. Didn’t happen.
Perhaps the most telling weakness in the jobs report comes from the household survey, which is made up of self-employed workers. Think of mom-and-pop owned stores and small businesses. Think of the Main Street entrepreneurial families who make up the backbone of the economy, and for the matter the country. And they vote, too.
Well, household jobs increased a paltry 105,000 in May, after falling 190,000 in April. The jobless rate is determined by the household survey, and you really need a couple hundred thousand new household jobs a month -- at least -- to lower unemployment. And you really need about 300,000 household jobs a month to put a little torque behind the Main Street economy. But with the lackluster May report, the unemployment rate edged up to 9.1 percent from last month’s 9 percent and March’s 8.8 percent.
Suddenly President Obama has gone from reelect to big trouble. The economic rug has been pulled out from underneath him.
So what changed in the last couple of months or so? Answer: A nasty oil-, gasoline-, and commodity-price shock. It’s eating away at economic growth and jobs. It’s stalling the economy. And it has cut into consumer real incomes and business profits.
Much of this problem can be traced to the failure of the Federal Reserve’s QE2 pump-priming campaign. QE2 has not produced growth, but it has produced inflation. In fact, the consumer price index over the past four or five months has been running close to 6 percent annually.
And most of that new Fed money has served merely to depreciate the dollar. And most of those cheaper dollars are on deposit at the Federal Reserve, where banks are earning 25 basis points for safety and risk aversion. In other words, the majority of that new money is not circulating throughout the economy. It’s a boneheaded Fed stimulus, and it has done more harm than good.
That said, in a larger sense, the failure to ignite small-business job creation has to be laid at the doorstep of the Obama administration, and the economic policies that threaten higher taxes and regulations virtually across the board. On Thursday this week, the president again promised House Democrats to raise taxes on successful top small-business owners. What a great new idea.
So mom and pop don’t feel like taking a risk in this environment. Higher tax-and-regulatory costs have put these entrepreneurs in survival mode. They’re playing their economic cards so close to the vest, business activity has buttoned up tight.
What you want is for people to take their suit jackets off, roll up their shirt sleeves, and go out there and build. But people are hunkering down, not building.
Bear with me for few more jobs stats.
Since the household-survey employment peak back in November 2007, 6.8 million jobs have been lost. Since the so-called end of the recession in June 2009, 199,000 jobs, on balance, have disappeared. And so far this year, household employment has increased by a total of 573,000, which is about 115,000 a month. That’s only one-third of what’s needed to bring down unemployment significantly.
The bottom line is that there hasn’t really been a jobs recovery. President Obama is going to have to own that. But the question is, both in Congress and on the campaign trail, does the GOP have a pro-growth jobs program that will get Main Street mom and pops to roll up their sleeves once again?
SOURCE
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, 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)
****************************
Vietnam was a casualty of American politics, not a loss by the troops in the field
Most Americans don’t realize how far President Obama has bowed down to the Taliban – and that he is potentially setting them up to rule Afghanistan.
While the fact that we are negotiating with the Taliban has been fleetingly covered here in America, a search of Lexis-Nexis shows that the rest of the story about the concessions we have offered them has been virtually blacked out by the mainstream media in the US. Things are so bad that we now aren’t even requiring that they renounce their ties to al-Qaida before we negotiate with them.
You’d have to read British newspapers to learn that, and about how they have humiliated our president and British Prime Minister David Cameron on the national stage in negotiation.
The Obama administration is so desperate to appease the Islamist savages and cut a peace deal with them that US negotiators no longer require preconditions of Taliban fighters we negotiate with -- like that they halt the killing of innocent civilians and our troops or break with al Qaida, The Telegraph of London reports.
Apparently, terrorist attacks on US soil aren’t off limits either. Incredibly, these “negotiations” with the Taliban began last fall, just five months after the attempted Times Square bombing attack by Faisal Shahzad, which was funded by the Taliban.
US negotiators and their British counterparts aren’t even requiring that the Taliban embrace the Afghan constitution our troops and many Afghans paid for with blood. Worse yet, they are aiming to turn control of the county at least partly over to the Taliban in a “shared power” deal, essentially throwing the Afghan people to the wolves.
Meanwhile our troops continue to die fighting for what the Obama administration is giving away at the negotiating table as they take bullets enforcing the Afghan constitution. The Taliban killed four US soldiers and 42 innocent civilians in bombings at hospital and construction sites this month, and were recently caught attempting to smuggle suicide bombers as young as nine years old into the country.
If the American public got the full story on this, they’d be outraged. The Taliban, meanwhile, are so emboldened that they have even demanded we release 20 prisoners from the Guantanamo Bay holding facility as part of negotiations, one of the few details of these negotiations that have actually been reported by the US press.
Then last week the Taliban humiliated Obama and Cameron during their European summit on Afghanistan. Despite our over- the-top concessions, upper level Taliban leaders refused to show up to highly publicized “peace” talks in Germany after deciding they didn’t want to well, talk. (Talks thus far talks had been with mid- level leaders.) News that the Taliban jilted Obama at the negotiating table filled European papers just as Obama’s entourage hit the continent.
They way the Taliban see it, The Telegraph reports, “they can simply sit it out and wait for victory in 2014,” when troops are scheduled to exit.
An aide to Taliban leader Mullah Omar explained the group’s position in November.
“All of these reports of peace talks are nonsense,” Mullah Aminullah told NBC News. “This is just propaganda by the U.S. and its NATO allies to hide their defeat on the battlefield. We are winning, why should we negotiate?”
The Taliban have been laughing since Secretary of State Hillary Clinton first proposed negotiating with the “moderate” members of the Taliban in 2009.
Taliban spokesman Zabihullah Mujahid called this a “lunatic idea,” insisting that there were no moderate Taliban. “They have to go and find the moderate Taliban, their leader, and speak to them,” he told Reuters.
It’s baffling as well to many British observers why we would want or need a make a deal with the Taliban at all as part of exiting Afghanistan. "British and US strategy should be about containing terrorism, not brokering a final peace,” Tory MP Rory Stewart told the paper.
Still Obama and Cameron plow ahead, pushing for what the British papers call a “political solution.” By that they mean one that will make Obama look great … to America’s enemies.
SOURCE
**************************
Obama is borrowing and printing money like there is no tomorrow
Responsible government finance has vanished
The U.S. has already defaulted on its debts. We’re just all politely pretending that we haven’t. But we have.
According to Pimco, last year, the Federal Reserve — a central bank printing press — bought 70 percent of Treasury debt. The year before, it bought 80 percent. Where did the money come from? Out of thin air.
This is the “pretended payment” on sovereign debt that economist Adam Smith warned against, which he wrote in The Wealth of Nations “has gradually enfeebled every state which has adopted it.” To him, increasing the money supply to pay the debt was substantively no different than a public bankruptcy.
So, while the Fed dresses up its actions as targeting unemployment or maintaining its balance sheet, the real reason for QE2 has been to prop up the U.S. Treasury from a catastrophic default, just as the European Central Bank (ECB) has been propping up Greece, Ireland, and Portugal.
And as the bank assures the American people it will not be engaging in QE3, its treasuries holdings will continue to rise from their current $1.5 trillion level after QE2 ends in June. It’s already the world’s largest lender to the U.S. government, more than China or Japan. So how can it become an even larger sovereign lender?
It still has $922 billion of mortgage-backed securities (MBS) left over from its $1.25 trillion bailout to financial institutions all over the world. It has been slowly selling them off, and replacing them with more treasuries purchases. So, we should continue to expect more of that over the next year. The Fed will continue monetizing the debt — i.e. printing money to pay principal and interest owed on the $14.3 trillion national debt.
More HERE
***************************
Obama rewrites history in pursuit of making Muslim friends
Barack Obama is clearly obsessed with currying favor with the Muslim world. This obsession prompts Obama to periodically insult Israel (the only democracy in the Middle East and America's only real ally there) and, more egregiously, misrepresents America's history with the Muslim world. This reduces America's standing abroad and weakens our security.
Obama's misrepresentation of America's history with Muslims is best exemplified by his first television interview as president in January 2009 and his June 2009 speech in Cairo, Egypt.
Obama's first television interview as president was with the Saudi-funded Arabic network Al Arabiya. During this interview, Obama told the Muslim world that America is not their enemy, America has made mistakes, America has not been perfect, and that America needs to re-establish the respect and partnership that it had with the Muslim world 20 or 30 years ago.
Obama ignored that our history with the Muslim world since 1979 is replete with Islamic terrorist attacks on America, including:
1979 - Iranian terrorists held American diplomats hostage in Tehran, the government of Iran was (and still is) a state sponsor of terrorism, Iran's leader Ayatollah Khomeini declared war on the United States, and thousands of Iranians paraded through Tehran shouting "Death to America."
1983 - Hezbollah bombed the U.S. Embassy and U.S. Marine Headquarters in Beirut, killing 257 Americans and 58 French soldiers.
1993 - al Qaeda bombed the World Trade Center, killing six.
1998 - al Qaeda bombed two U.S. embassies in Africa, killing 224.
2001 - the September 11 attacks by al Qaeda killed 2,977.
Conversely, over the last 30 years America has repeatedly come to the aid of threatened Muslims. Somalia, Bosnia, Kosovo, Kuwait, Iraq and Afghanistan are some examples.
Why didn't Obama ever mention this?
In his Cairo speech, Obama called for a new beginning in relations between America and the Muslim world. Obama then said that Western democratic colonialism was the root cause of the problems with Islamic countries in the Middle East.
Actually, Islamic authoritarianism and corruption are the real root causes of the problems that have plagued the Middle East for centuries.
Even more egregious was Obama's misrepresentation of the conflict between Islam and the West. Obama said that Islam has a tradition of tolerance and used the conduct of Muslims in Andalusia and Cordoba during the Inquisition to illustrate this point. However, Obama ignored that both cities were governed by Christians during the Inquisition, not Muslims, and Islam was the aggressor during the Middle Ages, not Christianity. It is often overlooked that the much-criticized Crusades were a Christian self-defense effort.
Obama also claimed, "In the United States, rules on charitable giving have made it harder for Muslims to fulfill their religious obligation. That's why I'm committed to working with American-Muslims to ensure they can fulfill zakat."
Obama is wrong for two reasons.
First, there are no American laws that make it harder for Muslims to give to charity. America has laws against material support of terrorism - against using charities as fronts to channel money to jihadists. Those laws are not directed at Muslims. They apply to everyone but are applied most often to Muslims - because Muslims carry out most anti-American terrorism.
Second, Obama's claim that the religious obligation of zakat is the equivalent of "charitable giving" is incorrect. Zakat is every Muslim's obligation to contribute to the fortification of the ummah, the theoretical worldwide Islamic nation - which includes the funding of violent jihad against non-Muslims.
So what has the misrepresentation of America's history with the Muslim world produced? Nothing.
There has been no change in the Muslim world's relationship with and perception of America. The governments of Iran, Syria, Sudan, and Palestine, among others, are still openly hostile to America. Iran is openly developing nuclear weapons to use against the U.S. and Israel. Muslim extremists are attempting to take control of Egypt, Libya and other nations currently experiencing uprisings.
America does not need more outreach to the Muslim world by Obama. Instead, America needs Obama to support Israel and stand up to the Muslim world and demand that it takes action against its extremists and terrorists to stop their murderous and destructive activities against America and our allies.
SOURCE
*************************
Obama's Job Recession
Political advantage can be fleeting. A couple of months ago, during the winter quarter, job gains looked to be picking up, unemployment was easing lower, and President Obama’s reelection hopes looked more secure. But things sure have changed.
In recent weeks, a whole bunch of new economic stats have been pointing to a sputtering economy -- maybe even an inflation-prone, less-than-2-percent-growth recession. Stocks have dropped five straight weeks, as they look toward slower growth, jobs, and profits out to year end. And Friday’s jobs report didn’t buck these trends.
“Anemic” is the adjective being tossed around the media. According to the Labor Department, nonfarm payrolls increased a meager 54,000 in May, while private payrolls gained only 83,000. A week or two ago, Wall Street expected 200,000-plus new jobs. Didn’t happen.
Perhaps the most telling weakness in the jobs report comes from the household survey, which is made up of self-employed workers. Think of mom-and-pop owned stores and small businesses. Think of the Main Street entrepreneurial families who make up the backbone of the economy, and for the matter the country. And they vote, too.
Well, household jobs increased a paltry 105,000 in May, after falling 190,000 in April. The jobless rate is determined by the household survey, and you really need a couple hundred thousand new household jobs a month -- at least -- to lower unemployment. And you really need about 300,000 household jobs a month to put a little torque behind the Main Street economy. But with the lackluster May report, the unemployment rate edged up to 9.1 percent from last month’s 9 percent and March’s 8.8 percent.
Suddenly President Obama has gone from reelect to big trouble. The economic rug has been pulled out from underneath him.
So what changed in the last couple of months or so? Answer: A nasty oil-, gasoline-, and commodity-price shock. It’s eating away at economic growth and jobs. It’s stalling the economy. And it has cut into consumer real incomes and business profits.
Much of this problem can be traced to the failure of the Federal Reserve’s QE2 pump-priming campaign. QE2 has not produced growth, but it has produced inflation. In fact, the consumer price index over the past four or five months has been running close to 6 percent annually.
And most of that new Fed money has served merely to depreciate the dollar. And most of those cheaper dollars are on deposit at the Federal Reserve, where banks are earning 25 basis points for safety and risk aversion. In other words, the majority of that new money is not circulating throughout the economy. It’s a boneheaded Fed stimulus, and it has done more harm than good.
That said, in a larger sense, the failure to ignite small-business job creation has to be laid at the doorstep of the Obama administration, and the economic policies that threaten higher taxes and regulations virtually across the board. On Thursday this week, the president again promised House Democrats to raise taxes on successful top small-business owners. What a great new idea.
So mom and pop don’t feel like taking a risk in this environment. Higher tax-and-regulatory costs have put these entrepreneurs in survival mode. They’re playing their economic cards so close to the vest, business activity has buttoned up tight.
What you want is for people to take their suit jackets off, roll up their shirt sleeves, and go out there and build. But people are hunkering down, not building.
Bear with me for few more jobs stats.
Since the household-survey employment peak back in November 2007, 6.8 million jobs have been lost. Since the so-called end of the recession in June 2009, 199,000 jobs, on balance, have disappeared. And so far this year, household employment has increased by a total of 573,000, which is about 115,000 a month. That’s only one-third of what’s needed to bring down unemployment significantly.
The bottom line is that there hasn’t really been a jobs recovery. President Obama is going to have to own that. But the question is, both in Congress and on the campaign trail, does the GOP have a pro-growth jobs program that will get Main Street mom and pops to roll up their sleeves once again?
SOURCE
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, 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)
****************************
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