Milton Friedman co-worker Anna Schwartz on the present financial problems
Yet isn't Bernanke a disciple of Friedman and Schwartz? He publicly refers to them as mentors, and, thanks to their scientific breakthrough, he has famously declared that "the Great Depression will not happen again." Bernanke is right about the past, Schwartz says, "but he is fighting the wrong war today; the present crisis has nothing to do with a lack of liquidity." President Obama's stimulus is similarly irrelevant, she believes, since the crisis also has nothing to do with a lack of demand or investment. The credit crunch, which is the recession's actual cause, comes only from a lack of trust, argues Schwartz. Lenders aren't lending because they don't know who is solvent, and they can't know who is solvent because portfolios remain full of mortgage-backed securities and other toxic assets.
To rekindle the credit market, the banks must get rid of those toxic assets. That's why Schwartz supported, in principle, the Bush administration's first proposal for responding to the crisis--to buy bad assets from banks--though not, she emphasizes, while pricing those assets so generously as to prop up failed institutions. The administration abandoned its plan when it appeared too complicated to price the assets. Bernanke and then-Treasury secretary Henry Paulson subsequently shifted to recapitalizing the banks directly. "Doing so is shifting from trying to save the banking system to trying to save bankers, which is not the same thing," Schwartz says. "Ultimately, though, firms that made wrong decisions should fail. The market works better when wrong decisions are punished and good decisions make you rich." She's more sympathetic to Treasury secretary Timothy Geithner's plan, unveiled in March, to give private investors money to help them buy the toxic assets, but wonders if the Obama administration will continue to support the plan if the assets' prices turn out to be so low, once investors start bidding for them, that they threaten the banks.
What about "systemic risk"--much heard about these days to justify the government's massive intervention in the economy in recent months? Schwartz considers this an excuse for bankers to save their skins after making so many bad decisions. "The worst thing for a government to do, though, is to act without principles, to make ad hoc decisions, to do something one day and another thing tomorrow," she says. The market will respond positively only after the government begins to follow a steady, predictable course. To prove her point, Schwartz points out that nothing the government has done to date has really thawed credit.
Schwartz indicts Bernanke for fighting the wrong war. Could one turn the same accusation against her? Should we worry about inflation when some believe deflation to be the real enemy? "The risk of deflation is very much exaggerated," she answers. Inflation seems to her "unavoidable": the Federal Reserve is creating money with little restraint, while Treasury expenditures remain far in excess of revenue. The inflation spigot is thus wide open. To beat the coming inflation, a "new Paul Volcker will be needed at the head of the Federal Reserve."
Who listens to her these days? "I'm not a media person," she tells me. She rarely grants interviews, which distract her from her current research: a survey of government intervention in setting foreign exchange rates between 1962 and 1985. Never before have these data been combined to show what works and what doesn't. In her nineties, she remains a trendsetter.
More HERE
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Bullets meant for bankers could kill the British welfare state
Note: "The City" is shorthand for London's financial services district. But it is the people there, not the geography, that matters and Britain's new higher taxes seem set to drive many of them abroad
My first reaction to Wednesday’s Budget was to focus on the increase in the top tax rate, rather than the explosion in public borrowing that horrified other commentators. On examining the Budget documents in greater detail, I am more confident than ever that the tax rise was Alistair Darling’s biggest blunder; but I have to concede that some other decisions and numbers hidden in the small print were far worse than I first thought....
The eye-catching measure in this respect was the increase to 50 per cent in the top tax rate, but there were several equally damaging changes, mostly relating to pensions, in the fine print. In terms of Treasury revenues, these reforms are likely to be self-defeating, or at best, utterly futile.
According to the Institute for Fiscal Studies, behavioural changes, such as changes in work patterns, relocations abroad and conversion of wages into corporate profits or capital gains, will mean that the Treasury raises much less than the £2 billion of revenue predicted. And even in the unlikely event that Mr Darling’s pre-election tax gesture did manage to raise the odd billion, these sums would be far too small to have any impact on public borrowing projections running at £150 billion to £200 billion a year...
Hopes of the quick improvement in UK economic conditions assumed by Treasury forecasts rely more than ever on maintaining the City’s role as the dominant centre of global financial and business services and on reviving the top end of the housing market. The Budget Red Book says the financial sector provided 25 per cent of the £47 billion in Britain’s total corporation tax before the recession, plus a “significant” proportion of income tax and national insurance receipts....
Yet the Budget tax measures seem deliberately designed to ensure that Britain’s financial and business service sectors never return to the global dominance they enjoyed... That, in turn, means that the growth of government revenues and the solvency of the British welfare state will depend largely on what happens to the international competitiveness of the financial sector. The logic of the Budget is simple: those who want to punish the bankers could end up destroying the welfare state.
More HERE
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Suspicions of staggering corruption surround GE’s CEO Jeffrey Immelt
O’Reilly: “Will GE get paid for supporting President Obama? GE, which owns MSNBC, has been very aggressive in helping Barack Obama.
O’Reilly: “There is also emerging evidence that GE CEO, Jeffrey Immelt, and NBC News Chief Jeff Zucker, told CNBC personnel to stop criticizing Obama’s economic policies. Now, that would be a major breach of journalistic ethics. In fact, Obama critic Rick Santelli was reported to have said that he was sent to a “Re-education camp” by NBC. “
An O’Reilly Factor producer and GE stockholder, Jesse Watters, asked GE CEO Jeffrey Immelt the following question at a stockholders’ meeting in Florida: “Last week on MSNBC, Janeane Garofalo, said that Americans who attended tea parties and were protesting high taxes and government spending were racist rednecks. She was not challenged by the anchor on MSNBC. Are you okay with that? And do you consider this a form of hate speech sir?”
Immelt’s response: “Again, we have not censored MSNBC. Again, my own personal beliefs aside, I believe that MSNBC has some standards that they follow and that’s what you are seeing.
Watters: With all due respect, this is the kind of hate that MSNBC traffics in on a regular basis. Are you comfortable with this and do you think this hurts the GE brand?
Immelt: I don’t censor what they do or what they say despite the fact that I might disagree with some of it or much of it, some of the time.
O’Reilly: “Most CEOs would have stopped NBC’s corruption a long time ago. But Immelt may be looking for a major payout. When a powerful corporation which controls a major part of the American media may be using its power and the airwaves to influence politics in order to make money from government contracts - That kind of corruption would make Watergate look small.”
TDC asks: Why would GE CEO Immelt put his own beliefs aside when GE owns MSNBC? He wouldn’t. However, he would choose to do nothing about this hate speech if he is trying to get into Obama’s good graces.
SOURCE
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ELSEWHERE
Drugs in Portugal: A decriminalization success story: “Pop quiz: Which European country has the most liberal drug laws? (Hint: It’s not the Netherlands.) Although its capital is notorious among stoners and college kids for marijuana haze–filled ‘coffee shops,’ Holland has never actually legalized cannabis — the Dutch simply don’t enforce their laws against the shops. The correct answer is Portugal, which in 2001 became the first European country to officially abolish all criminal penalties for personal possession of drugs, including marijuana, cocaine, heroin and methamphetamine. At the recommendation of a national commission charged with addressing Portugal’s drug problem, jail time was replaced with the offer of therapy. The argument was that the fear of prison drives addicts underground and that incarceration is more expensive than treatment — so why not give drug addicts health services instead?”
Credit card folly: “By mandating that the credit card companies lower their fees, the government will severely hinder their tenuous profitability. In order to avoid bankruptcy, the companies will have to deny credit to marginal borrowers, which would reverse the ‘easy access’ policies that have defined the industry over the last generation.”
Strange idea in Nevada: "On a party-line vote, the Democrat-dominated Nevada Assembly on Tuesday backed a bill designed to neuter the 538-member Electoral College, guaranteeing the presidential candidate who wins the national popular plurality will always be declared president.The purpose of Assembly Bill 413 is to see to it that Nevada’s five electoral votes go to the presidential candidate who wins the most popular votes nationwide, regardless of which candidates carries the majority of Nevadans."
There is a new lot of postings by Chris Brand just up -- on his usual vastly "incorrect" themes of race, genes, IQ etc.
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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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Monday, April 27, 2009
Barack Obama and the CIA: why does President Pantywaist hate America so badly?
If al-Qaeda, the Taliban and the rest of the Looney Tunes brigade want to kick America to death, they had better move in quickly and grab a piece of the action before Barack Obama finishes the job himself. Never in the history of the United States has a president worked so actively against the interests of his own people - not even Jimmy Carter.
Obama's problem is that he does not know who the enemy is. To him, the enemy does not squat in caves in Waziristan, clutching automatic weapons and reciting the more militant verses from the Koran: instead, it sits around at tea parties in Kentucky quoting from the US Constitution. Obama is not at war with terrorists, but with his Republican fellow citizens. He has never abandoned the campaign trail.
That is why he opened Pandora's Box by publishing the Justice Department's legal opinions on waterboarding and other hardline interrogation techniques. He cynically subordinated the national interest to his partisan desire to embarrass the Republicans. Then he had to rush to Langley, Virginia to try to reassure a demoralised CIA that had just discovered the President of the United States was an even more formidable foe than al-Qaeda.
"Don't be discouraged by what's happened the last few weeks," he told intelligence officers. Is he kidding? Thanks to him, al-Qaeda knows the private interrogation techniques available to the US intelligence agencies and can train its operatives to withstand them - or would do so, if they had not already been outlawed.
So, next time a senior al-Qaeda hood is captured, all the CIA can do is ask him nicely if he would care to reveal when a major population centre is due to be hit by a terror spectacular, or which American city is about to be irradiated by a dirty bomb. Your view of this situation will be dictated by one simple criterion: whether or not you watched the people jumping from the twin towers.
Obama promised his CIA audience that nobody would be prosecuted for past actions. That has already been contradicted by leftist groups with a revanchist ambition to put Republicans, headed if possible by Condoleezza Rice, in the dock. Talk about playing party politics with national security. Martin Scheinin, the United Nations special investigator for human rights, claims that senior figures, including former vice president Dick Cheney, could face prosecution overseas. Ponder that - once you have got over the difficulty of locating the United Nations and human rights within the same dimension.
President Pantywaist Obama should have thought twice before sitting down to play poker with Dick Cheney. The former vice president believes documents have been selectively published and that releasing more will prove how effective the interrogation techniques were. Under Dubya's administration, there was no further atrocity on American soil after 9/11.
President Pantywaist's recent world tour, cosying up to all the bad guys, excited the ambitions of America's enemies. Here, they realised, is a sucker they can really take to the cleaners. His only enemies are fellow Americans. Which prompts the question: why does President Pantywaist hate America so badly?
SOURCE
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ELSEWHERE
GOP dumping a RINO: "Incumbent Senator Arlen Specter trails former Congressman Pat Toomey by 21 points in an early look at Pennsylvania's 2010 Republican Primary. Fifty-one percent (51%) of Republican voters statewide say they'd vote for Toomey while just 30% would support Specter. Specter is viewed favorably by 42% of Pennsylvania Republicans and unfavorably by 55%, according to a new Rasmussen Reports telephone survey of voters in the state. Those are stunningly poor numbers for a long-term incumbent senator. Specter was first elected to the Senate in 1980. Toomey, who served in the House from 1999 to 2005, earns positive reviews from 66% and negative comments from just 19%. Though Specter has been in the Senate for 28 years, he has struggled to maintain grassroots support within his own party during recent years. Six years ago, the incumbent barely survived a primary challenge and defeated the more conservative Toomey by just two points, 51% to 49%. He then went on to win the general election in 2004 by a 53% to 42% margin. This time around, things could be even more challenging for Specter. He was one of only three Republicans in the Congress to vote for President Obama's $787 billion stimulus plan. Fifty-eight percent (58%) of Pennsylvania Republicans said they were less likely to vote for Specter because of his support for the stimulus package."
Presbyterians vote against queer clergy: "Efforts to allow gays and lesbians to serve as clergy in the Presbyterian Church (U.S.A.) have been defeated again, sealed by votes Saturday. But the margin of defeat -- the final tally has yet to be determined -- is already guaranteed to be much closer than in previous years. That is encouraging for gay clergy supporters and concerning to opponents, with both sides expecting the issue to be revisited in the future. Last summer, the 2.3 million-member denomination's General Assembly voted to drop a constitutional requirement that would-be ministers, deacons and elders live in "fidelity within the covenant of marriage between and a man and a woman, or chastity in singleness." Any such change requires approval by a majority of the nation's 173 presbyteries, or regional church bodies. Those votes have been trickling in for months, and on Saturday enough "no" votes had been recorded to clinch the measure's defeat."
Nuclear chief says Obama shuns science: "Nuclear Energy Institute President Marvin Fertel said Wednesday that the Obama administration did not base its decision to close the Yucca Mountain nuclear storage site in Nevada on science, and therefore it is the federal government's obligation to find an alternative. Speaking to editors and reporters of The Washington Times, Mr. Fertel said he does not think Mr. Obama and Energy Secretary Steven Chu even looked at the scientific research before they deemed Yucca unfit to serve as the permanent storage depot for used nuclear fuel, contradicting President Obama's promise to base his administration's decisions on sound science."
Mortgage relief faces Senate defeat: "The centerpiece of President Obama's plan to keep thousands of people from losing their homes amid the worst economic crisis in decades appears headed for defeat next week in the Senate. A handful of Democrats are siding with Republicans in opposition to allowing people to seek mortgage relief in bankruptcy court. Critics say the change would unleash a torrent of loan defaults, ultimately driving up mortgage rates and introducing fresh uncertainty into an already ailing economy. The rejection would deal a direct blow to a popular president as he pushes an ambitious agenda to stabilize the economy. The number of homes under threat of foreclosure by banks has shot up since last year, when 2.3 million U.S. households received foreclosure filings."
Typical: British spy loses secrets in a handbag: "A BRITISH agent has thrown the war against drug traffickers into chaos by leaving top secret information about covert operations on a bus in South America. In a blunder that has cost taxpayers millions of pounds and put scores of lives at risk, the drugs liaison officer lost a computer memory stick said to contain a list of undercover agents’ names and details of more than five years of intelligence work. It happened when the MI6-trained agent left her handbag on a transit coach at El Dorado airport in Bogota, Colombia. Intelligence chiefs were forced to wind up operations and relocate dozens of agents and informants amid fears the device could fall into the hands of drugs barons. The incident, which was hushed up by the Serious Organised Crime Agency (Soca), the agent’s employer, is an embarrassment for the government. It is another blow for Jacqui Smith, the home secretary, who has ultimate responsibility for Britain’s anti-drugs operations and the safeguarding of criminal intelligence."
We’re fleeing high-tax Britain, say City tycoons: "Two of Britain’s best known entrepreneurs are considering leaving Britain in protest against Alistair Darling’s new 50% tax rate, as leading figures from business and the City line up to warn of a talent exodus. Hugh Osmond, the pubs to insurance entrepreneur, is thinking about a move to Switzerland. Peter Hargreaves, the £10m-a-year co-founder of Hargreaves Lansdown, the financial adviser, is looking at the Isle of Man or Monaco. More are likely to be follow. Osmond, whose net worth is estimated at £230m, said: “A lot of people will be off. It’s highly unlikely that I will continue to have the UK as my country of residence. It’s just as easy to work from any close location — Switzerland or wherever.” Hargreaves, facing an extra £500,000 on his tax bill, warned: “I won’t pay, I’ll leave.”
Commonwealth cousins prop up the British Army: "The British Army’s “foreign legion” of soldiers recruited abroad to fill its ranks has expanded to more than one in 10 of all troops. NonUK nationals now number about 10,430, just less than 11% of the army’s full-time troops, excluding reserves, according to new figures released under the Freedom of Information Act. Some nationalities have become so numerous that they could form their own units in the manner of the Nepalese Gurkhas. The number of Fijians has reached 2,110, the strength of a small brigade. Other nationalities such as Ghanaians and South Africans have also increased to 700-800 each, enough for a battalion apiece. Some fears have been voiced that burgeoning numbers of nonUK soldiers could foster a “mercenary” image, while other critics believe the armed forces’ British identity could be endangered... The army has now put a cap on the number of Commonwealth recruits in some units at 15% “in the interests of operational effectiveness”. The influx of foreigners has helped compensate for the army’s problems in retaining British-born soldiers. The number of Fijians in the forces as a whole has grown from just 10 in 1999 to 2,220 in January, the figures show. One attraction for the army is the Fijians’ prowess at rugby. Last year the army’s 12-man sevens squad included 10 Fijians and a South African. Its captain, Mark Lee, was the only British player."
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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)
****************************
If al-Qaeda, the Taliban and the rest of the Looney Tunes brigade want to kick America to death, they had better move in quickly and grab a piece of the action before Barack Obama finishes the job himself. Never in the history of the United States has a president worked so actively against the interests of his own people - not even Jimmy Carter.
Obama's problem is that he does not know who the enemy is. To him, the enemy does not squat in caves in Waziristan, clutching automatic weapons and reciting the more militant verses from the Koran: instead, it sits around at tea parties in Kentucky quoting from the US Constitution. Obama is not at war with terrorists, but with his Republican fellow citizens. He has never abandoned the campaign trail.
That is why he opened Pandora's Box by publishing the Justice Department's legal opinions on waterboarding and other hardline interrogation techniques. He cynically subordinated the national interest to his partisan desire to embarrass the Republicans. Then he had to rush to Langley, Virginia to try to reassure a demoralised CIA that had just discovered the President of the United States was an even more formidable foe than al-Qaeda.
"Don't be discouraged by what's happened the last few weeks," he told intelligence officers. Is he kidding? Thanks to him, al-Qaeda knows the private interrogation techniques available to the US intelligence agencies and can train its operatives to withstand them - or would do so, if they had not already been outlawed.
So, next time a senior al-Qaeda hood is captured, all the CIA can do is ask him nicely if he would care to reveal when a major population centre is due to be hit by a terror spectacular, or which American city is about to be irradiated by a dirty bomb. Your view of this situation will be dictated by one simple criterion: whether or not you watched the people jumping from the twin towers.
Obama promised his CIA audience that nobody would be prosecuted for past actions. That has already been contradicted by leftist groups with a revanchist ambition to put Republicans, headed if possible by Condoleezza Rice, in the dock. Talk about playing party politics with national security. Martin Scheinin, the United Nations special investigator for human rights, claims that senior figures, including former vice president Dick Cheney, could face prosecution overseas. Ponder that - once you have got over the difficulty of locating the United Nations and human rights within the same dimension.
President Pantywaist Obama should have thought twice before sitting down to play poker with Dick Cheney. The former vice president believes documents have been selectively published and that releasing more will prove how effective the interrogation techniques were. Under Dubya's administration, there was no further atrocity on American soil after 9/11.
President Pantywaist's recent world tour, cosying up to all the bad guys, excited the ambitions of America's enemies. Here, they realised, is a sucker they can really take to the cleaners. His only enemies are fellow Americans. Which prompts the question: why does President Pantywaist hate America so badly?
SOURCE
*************************
ELSEWHERE
GOP dumping a RINO: "Incumbent Senator Arlen Specter trails former Congressman Pat Toomey by 21 points in an early look at Pennsylvania's 2010 Republican Primary. Fifty-one percent (51%) of Republican voters statewide say they'd vote for Toomey while just 30% would support Specter. Specter is viewed favorably by 42% of Pennsylvania Republicans and unfavorably by 55%, according to a new Rasmussen Reports telephone survey of voters in the state. Those are stunningly poor numbers for a long-term incumbent senator. Specter was first elected to the Senate in 1980. Toomey, who served in the House from 1999 to 2005, earns positive reviews from 66% and negative comments from just 19%. Though Specter has been in the Senate for 28 years, he has struggled to maintain grassroots support within his own party during recent years. Six years ago, the incumbent barely survived a primary challenge and defeated the more conservative Toomey by just two points, 51% to 49%. He then went on to win the general election in 2004 by a 53% to 42% margin. This time around, things could be even more challenging for Specter. He was one of only three Republicans in the Congress to vote for President Obama's $787 billion stimulus plan. Fifty-eight percent (58%) of Pennsylvania Republicans said they were less likely to vote for Specter because of his support for the stimulus package."
Presbyterians vote against queer clergy: "Efforts to allow gays and lesbians to serve as clergy in the Presbyterian Church (U.S.A.) have been defeated again, sealed by votes Saturday. But the margin of defeat -- the final tally has yet to be determined -- is already guaranteed to be much closer than in previous years. That is encouraging for gay clergy supporters and concerning to opponents, with both sides expecting the issue to be revisited in the future. Last summer, the 2.3 million-member denomination's General Assembly voted to drop a constitutional requirement that would-be ministers, deacons and elders live in "fidelity within the covenant of marriage between and a man and a woman, or chastity in singleness." Any such change requires approval by a majority of the nation's 173 presbyteries, or regional church bodies. Those votes have been trickling in for months, and on Saturday enough "no" votes had been recorded to clinch the measure's defeat."
Nuclear chief says Obama shuns science: "Nuclear Energy Institute President Marvin Fertel said Wednesday that the Obama administration did not base its decision to close the Yucca Mountain nuclear storage site in Nevada on science, and therefore it is the federal government's obligation to find an alternative. Speaking to editors and reporters of The Washington Times, Mr. Fertel said he does not think Mr. Obama and Energy Secretary Steven Chu even looked at the scientific research before they deemed Yucca unfit to serve as the permanent storage depot for used nuclear fuel, contradicting President Obama's promise to base his administration's decisions on sound science."
Mortgage relief faces Senate defeat: "The centerpiece of President Obama's plan to keep thousands of people from losing their homes amid the worst economic crisis in decades appears headed for defeat next week in the Senate. A handful of Democrats are siding with Republicans in opposition to allowing people to seek mortgage relief in bankruptcy court. Critics say the change would unleash a torrent of loan defaults, ultimately driving up mortgage rates and introducing fresh uncertainty into an already ailing economy. The rejection would deal a direct blow to a popular president as he pushes an ambitious agenda to stabilize the economy. The number of homes under threat of foreclosure by banks has shot up since last year, when 2.3 million U.S. households received foreclosure filings."
Typical: British spy loses secrets in a handbag: "A BRITISH agent has thrown the war against drug traffickers into chaos by leaving top secret information about covert operations on a bus in South America. In a blunder that has cost taxpayers millions of pounds and put scores of lives at risk, the drugs liaison officer lost a computer memory stick said to contain a list of undercover agents’ names and details of more than five years of intelligence work. It happened when the MI6-trained agent left her handbag on a transit coach at El Dorado airport in Bogota, Colombia. Intelligence chiefs were forced to wind up operations and relocate dozens of agents and informants amid fears the device could fall into the hands of drugs barons. The incident, which was hushed up by the Serious Organised Crime Agency (Soca), the agent’s employer, is an embarrassment for the government. It is another blow for Jacqui Smith, the home secretary, who has ultimate responsibility for Britain’s anti-drugs operations and the safeguarding of criminal intelligence."
We’re fleeing high-tax Britain, say City tycoons: "Two of Britain’s best known entrepreneurs are considering leaving Britain in protest against Alistair Darling’s new 50% tax rate, as leading figures from business and the City line up to warn of a talent exodus. Hugh Osmond, the pubs to insurance entrepreneur, is thinking about a move to Switzerland. Peter Hargreaves, the £10m-a-year co-founder of Hargreaves Lansdown, the financial adviser, is looking at the Isle of Man or Monaco. More are likely to be follow. Osmond, whose net worth is estimated at £230m, said: “A lot of people will be off. It’s highly unlikely that I will continue to have the UK as my country of residence. It’s just as easy to work from any close location — Switzerland or wherever.” Hargreaves, facing an extra £500,000 on his tax bill, warned: “I won’t pay, I’ll leave.”
Commonwealth cousins prop up the British Army: "The British Army’s “foreign legion” of soldiers recruited abroad to fill its ranks has expanded to more than one in 10 of all troops. NonUK nationals now number about 10,430, just less than 11% of the army’s full-time troops, excluding reserves, according to new figures released under the Freedom of Information Act. Some nationalities have become so numerous that they could form their own units in the manner of the Nepalese Gurkhas. The number of Fijians has reached 2,110, the strength of a small brigade. Other nationalities such as Ghanaians and South Africans have also increased to 700-800 each, enough for a battalion apiece. Some fears have been voiced that burgeoning numbers of nonUK soldiers could foster a “mercenary” image, while other critics believe the armed forces’ British identity could be endangered... The army has now put a cap on the number of Commonwealth recruits in some units at 15% “in the interests of operational effectiveness”. The influx of foreigners has helped compensate for the army’s problems in retaining British-born soldiers. The number of Fijians in the forces as a whole has grown from just 10 in 1999 to 2,220 in January, the figures show. One attraction for the army is the Fijians’ prowess at rugby. Last year the army’s 12-man sevens squad included 10 Fijians and a South African. Its captain, Mark Lee, was the only British player."
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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, April 26, 2009
Steady descent into third world
Opening a can of worms always tempts a mischief-maker, but it's risky business. That can of worms might turn out to be a can of snakes, like Barack Obama's latest gift to the nation.
The president's on-again, off-again, maybe-he-will and maybe-he-won't decision to punish someone who loosened tongues of Islamist terrorists at Guantanamo suddenly threatens not only the CIA interrogators and Justice Department lawyers, but even members of Congress. Maybe it won't stop there: if the lawyers who offered legal opinions are at risk of punishment for their legal advice, why not the members of Congress who knew what was going on? Why not the secretaries who typed up the transcripts? Why not the interns who fetched the coffee? All were accessories either before or after the fact.
We're on unfamiliar ground now. No president before has sought to punish his predecessor for policy decisions, no matter how wrong or wrong-headed. Lyndon B. Johnson's management of the Vietnam War was often ham-handed, as anyone who was there could tell you, and his policy makers sometimes verged on criminal incompetence. But Richard Nixon was never tempted to send LBJ or any of those presidential acolytes to prison. Abraham Lincoln, by his lights, would have had ample opportunity to hang Jefferson Davis and Robert E. Lee, but even the rabid Republicans who survived the assassination stopped short of putting Davis in the dock, finally releasing him from imprisonment at Fort Monroe when judgment overcame lust for revenge. Lee was never touched.
Exacting revenge for unpopular policies is the norm in the third world, heretofore more likely in Barack Obama's ancestral Kenya than in America, more in the tradition of gangland Chicago than in Washington, where we count on cooler heads to prevail when raw emotion threatens to overwhelm sobriety and the undisciplined senses. We recall perceived national mistakes with the sadness of regret and even gratitude for lessons learned, not the frenzied catharsis of a St. Valentine's Day Massacre. Mr. Obama, having won the White House fair and square, is entitled to change any presidential policy he chooses, but the vindication of a national election does not entitle any president to exact mindless revenge.
The loquacious prince of Hyde Park should understand this, having eloquently sounded caution and reason on his inauguration as president, promising as he had during the long campaign to "look forward," not "backward." Rahm Emanuel, once described as the president's alter ego (if indeed such an outsized ego could have an "alter"), said as recently as Sunday that "it's not a time to use our energy and our time in looking back in any sense of anger and retribution."
This was in line with what the president had said all last summer when he was campaigning for the White House, what he had said on his inauguration, and in line with his oft-stated goal of restoring bipartisan civility and mutual goodwill to governing the country. Mr. Emanuel's reassurance was regarded in Washington as putting paid to an ugly era, an emphatic determination to "move on" to something close to national unity.
The president hadn't counted on the rage of the jackals on the leftmost fringe of his party, organizations like MoveOn.org, which want only the "unity" of the lynch mob. They demand a hanging and the president promises only to think about it. Ever confident that his golden tongue, with or without the teleprompter, would mesmerize all foes and vanquish all rancor, Mr. Obama then threw George W. Bush's lawyers to the mob.
Perhaps the president imagines that nobody cares much about what happens to lawyers, but he has set in motion something neither he nor anyone else can control. Some of the Democrats in Congress, eager now to join the mob, will regret what they cry for. Rep. Nancy Pelosi, for one, was a member of the House intelligence committee and sat in on super-secret briefings after Sept. 11. She concedes that she heard about waterboarding but she doesn't remember exactly what she heard. Just like Barack Obama sleeping through 20 years of the Rev. Jeremiah Wright's rabid sermons, Ms. Pelosi dozed through the briefings. Her colleagues on the intelligence panel say they remember her demanding that the CIA do more to get the "intelligence" to prevent another attack.
Republicans in the Senate, including John McCain and Lindsey Graham, are finally finding their voices. So is Joe Lieberman, a courageous Democrat. If we're going to have hangings, Ms. Pelosi may be at risk of becoming our most famous female hangee since Mary Surratt paid her debt at the end of a rope for hanging out with John Wilkes Booth.
SOURCE
************************
Greatly Depressing
History is written by many people, but those who write government school textbooks tend to hold disproportionate sway. Sadly, their vision of America – which has driven conventional wisdom and popular opinion for decades – is built on many myths. The biggest myth of them all? That capitalism and our free market system caused the Great Depression – and that only a massive expansion of the federal government saved America from permanent economic ruin.
Nothing could be further from the truth – and yet as the true history of government meddling repeats itself all around us (with the direst of consequences for future generations), America seems incapable of learning from these mistakes for the simple reason that no one has ever taught them how destructive interventionism has been in the past and present.
Over a decade ago, Lawrence Reed of the Mackinac Center – a Michigan-based research and educational institute – penned an important analysis of the Great Depression. Written at the height of the dot-com boom (and shortly after President Bill Clinton told us that “the era of big government is over”) Reed’s treatise breaks the Depression down into sections and analyzes the cause and effect associated with each new development.
His conclusion? It’s a complete reversal of the textbook myth, an unflinchingly-candid, meticulously-documented proof that “government intervention worsened (the Depression) and kept the economy in a stupor for over a decade.” “The calamity that began in 1929 lasted at least three times longer than any of the country’s previous depressions because the government compounded its initial errors with a series of additional and harmful interventions,” Reed writes.
Anyone who follows things like money supply and interest rate adjustments knows that the Federal Reserve’s policies in the months leading up to the Great Crash of 1928 courted disaster. But it was the effect of government interventionism after the crash that did the real damage – which given the unprecedented $13 trillion intervention currently underway in our country should send shivers up and down every American’s spine.
Perhaps most importantly, Reed’s paper shatters once and for all the myth that President Herbert Hoover was the laissez-faire capitalist recalled by American textbooks. For starters, Hoover’s administration – with Congressional support – dramatically increased government spending from 16.4 percent to 21.5 of GNP in one year. Hoover also signed a foolhardy tariff that crippled trade, as well as the largest tax hike in American history in the spring if 1932. On top of that, during Hoover’s tenure the Federal Reserve imposed the biggest interest rate increase in its history. High tariffs, huge subsidies, deflationary monetary policy, tax increases – does that sound like a laissez-faire capitalist to you?
Ironically, Franklin Delano Roosevelt – whose New Deal policies were later revealed to have been taken straight out of Hoover’s playbook – won election by blasting his predecessor as “reckless and extravagant,” and presiding over “the greatest spending administration in peacetime in all of history.” Roosevelt, the “limited government” advocate, even bemoaned Hoover’s desire to “center control of everything in Washington.”
Obviously, Roosevelt flip-flopped after he was elected and put Hoover’s interventionist approach on steroids – much as President Barack Obama has done with the failed bailout mentality of his predecessor. The reality, though, is that none of these leaders differ all that much in their ideological approach to recession.
Now the question is this – does the big government approach work? Absolutely not. Prior to the Great Depression, no American recession had lasted longer than four years. Most were over in two. The Great Depression dragged on for nearly twelve years, however, with unemployment reaching as high as 25% at one point. And just as it is doing now, government over-taxed and over-regulated the economy the whole way through, starving it of desperately needed capital while consolidating frightening levels of power in Washington.
But that’s not the story told by government textbooks – just as it’s not the story that’s being told today by the America’s mainstream media. Politicians are relying on big government’s myth to make – and promote – some of the most monumentally foolhardy economic decisions in our nation’s history. Frankly, it’s past time that we started telling the truth about our past – and applying common sense to the future. The longer we wait, the deeper we dig the hole for future generations.
SOURCE
*********************
ELSEWHERE
How a socialist government doesn't work: "More than four million Spanish people are out of work. According to the country's National Statistics Institute a record high figure of 17.4 per cent were unemployed in the first quarter of the year. Unemployment leapt from 13.9 per cent in the fourth quarter of 2008, the biggest quarterly jump since 1976. Joblessness in Spain has almost doubled in a year. The Bank of Spain had previously forecast that unemployment would not surpass 17.1 per cent for the year. Alarmingly, 1,068,400 families have every member out of work. And as the dole queues lengthen, labour unrest is growing. Two hundred pickets yesterday picketed a shipyard in the Basque country to protest at the employment of cheap Romanian and Portuguese workers that is threatening the jobs of 1,100 local workers."
Tony Blair opposes new 50 pence tax rate for high earners: "Tony Blair believes the new 50 per cent top rate of income tax introduced by Gordon Brown is a "terrible mistake". The former Prime Minister has privately expressed his despair at the Labour government's decision to target the wealthy in the Budget. Some of the leading architects of New Labour have also savaged the move, which they believe has cost Labour any hope of winning the general election. The revelation that Mr Blair has privately indicated his opposition to the headline 50 pence tax rate for people earning over £150,000 will cause consternation in Downing Street. One of Mr Blair's closest allies said: "The 50p tax move is a disaster. Blair would have cut taxes, not increased them." The hostile public reaction to the Budget, which signalled a return to the politics of class warfare, has intensified speculation that Mr Brown could face a leadership challenge. The mood of despair among Labour MPs deepened after figures published yesterday showed the economy contracted far more sharply in the first quarter than the Chancellor Alistair Darling predicted in his Budget statement only two days earlier."
The British police State: "Every phone call, email or website visit will be monitored by the state under plans to be unveiled next week. The proposals will give police and security services the power to snoop on every single communication made by the public with the data then likely to be stored in an enormous national database. The precise content of calls and other communications would not be accessible but even text messages and visits to social networking sites such as Facebook and Twitter would be tracked. The move has alarmed civil liberty campaigners, and the country's data protection watchdog last night warned the proposals would be "unacceptable". Jacqui Smith, the Home Secretary, will argue the powers are needed to target terrorists and serious criminals who are taking advantage of the increasing complex nature of communications to plot atrocities and crimes."
Legion leader accepts apology from Napolitano: "More apologies came from Department of Homeland Security Secretary Janet Napolitano on Friday during and after a meeting with the commander of the American Legion about the disparaging language in a security assessment that suggested returning troops from Iraq or Afghanistan could be recruited for "right-wing" domestic terrorist attacks. "We connected meaningfully about the important issues that have emerged over recent days, and I offered him my sincere apologies for any offense to our veterans caused by this report," Ms. Napolitano said. "I pledge that the department has fixed the internal process that allowed this document to be released before it was ready." David K. Rehbein, commander of the veterans group, told Fox News he has forgiven the department for the report, but he will not forget it happened. "[Ms. Napolitano] said the report was not worthy of the department or the veterans of this country," Mr. Rehbein said."
NYT demise coming: "The nation's largest left-wing newspaper and the bible for network news producers and bookers may be going under. This week, The New York Times announced more staggering losses: nearly $75 million dollars in the first quarter alone. The New York Post is reporting that the Times Company owes more than $1 billion and has just $34 million in the bank. A few months ago, the company borrowed $250 million from Mexican billionaire Carlos Slim at a reported 14 percent interest rate. With things going south fast, pardon the pun, Slim might want to put in a call to Times publisher Arthur Sulzberger Jr. The problem is that under Sulzberger and executive editor Bill Keller, the Times has gone crazy left, attacking those with whom the paper disagrees and demonstrating a hatred for conservatives (particularly President Bush) that is almost pathological. That unfair and unbalanced approach has alienated a large number of readers and advertisers. According to a recent Fox News/Opinion Dynamics Poll, 46 percent of Americans define themselves as conservative. Just 34 percent say they are liberal. In this very intense marketplace, insulting half the country on a daily basis may not be a great business plan. The New York Times is most definitely a committed left-wing concern that is openly contemptuous of the conservative, traditional point of view. That is the primary reason the paper may soon dissolve. And all the cash in Carlos Slim's fat wallet is not going to change that."
Obama's Iraq Policy and a Surge of Violence: "On Thursday, Iraq suffered its worst death toll on a single day since the start of U.S. engagement there; 80 people perished after the supposed capture of Abu Omar al-Baghdadi, al-Qaeda in Iraq’s leader and one of Iraq’s most wanted men. On Friday, there was another attack almost as deadly; 60 people died and 125 were injured when two suicide bombers attacked a Shia mosque in Baghdad. This upswing in violence comes on the heels of Obama’s new policies in the Middle East, which call for a phased withdrawal from Iraq starting this summer and lasting until 2011. An upswing in violence is almost certainly related to Obama’s adjustments in troop numbers"
Germany's slump risks 'explosive' mood: "A clutch of political and labour leaders in Germany have raised the spectre of civil unrest after the country's leading institutes forecast a 6pc contraction of gross domestic product this year, a slump reminiscent of 1931 and bad enough to drive unemployment to 4.7m by 2010. Michael Sommer, leader of the DGB trade union federation, called the latest wave of sackings a "declaration of war" against Germany's workers. "Social unrest can no longer be ruled out," he said. Gesine Swann, presidential candidate for the Social Democrats, said "the mood could turn explosive" over the next three months unless the government takes drastic action. While authorities have belatedly agreed to create a "bad bank" to absorb toxic loans and stabilise the credit system, further financial troubles are almost certainly in the pipeline. Swiss risk advisers Independent Credit View said a "second wave" of debt stress is likely to hit the UK and Europe this year as the turmoil moves from mortgage securities to old-fashioned bank loans"
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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)
****************************
Opening a can of worms always tempts a mischief-maker, but it's risky business. That can of worms might turn out to be a can of snakes, like Barack Obama's latest gift to the nation.
The president's on-again, off-again, maybe-he-will and maybe-he-won't decision to punish someone who loosened tongues of Islamist terrorists at Guantanamo suddenly threatens not only the CIA interrogators and Justice Department lawyers, but even members of Congress. Maybe it won't stop there: if the lawyers who offered legal opinions are at risk of punishment for their legal advice, why not the members of Congress who knew what was going on? Why not the secretaries who typed up the transcripts? Why not the interns who fetched the coffee? All were accessories either before or after the fact.
We're on unfamiliar ground now. No president before has sought to punish his predecessor for policy decisions, no matter how wrong or wrong-headed. Lyndon B. Johnson's management of the Vietnam War was often ham-handed, as anyone who was there could tell you, and his policy makers sometimes verged on criminal incompetence. But Richard Nixon was never tempted to send LBJ or any of those presidential acolytes to prison. Abraham Lincoln, by his lights, would have had ample opportunity to hang Jefferson Davis and Robert E. Lee, but even the rabid Republicans who survived the assassination stopped short of putting Davis in the dock, finally releasing him from imprisonment at Fort Monroe when judgment overcame lust for revenge. Lee was never touched.
Exacting revenge for unpopular policies is the norm in the third world, heretofore more likely in Barack Obama's ancestral Kenya than in America, more in the tradition of gangland Chicago than in Washington, where we count on cooler heads to prevail when raw emotion threatens to overwhelm sobriety and the undisciplined senses. We recall perceived national mistakes with the sadness of regret and even gratitude for lessons learned, not the frenzied catharsis of a St. Valentine's Day Massacre. Mr. Obama, having won the White House fair and square, is entitled to change any presidential policy he chooses, but the vindication of a national election does not entitle any president to exact mindless revenge.
The loquacious prince of Hyde Park should understand this, having eloquently sounded caution and reason on his inauguration as president, promising as he had during the long campaign to "look forward," not "backward." Rahm Emanuel, once described as the president's alter ego (if indeed such an outsized ego could have an "alter"), said as recently as Sunday that "it's not a time to use our energy and our time in looking back in any sense of anger and retribution."
This was in line with what the president had said all last summer when he was campaigning for the White House, what he had said on his inauguration, and in line with his oft-stated goal of restoring bipartisan civility and mutual goodwill to governing the country. Mr. Emanuel's reassurance was regarded in Washington as putting paid to an ugly era, an emphatic determination to "move on" to something close to national unity.
The president hadn't counted on the rage of the jackals on the leftmost fringe of his party, organizations like MoveOn.org, which want only the "unity" of the lynch mob. They demand a hanging and the president promises only to think about it. Ever confident that his golden tongue, with or without the teleprompter, would mesmerize all foes and vanquish all rancor, Mr. Obama then threw George W. Bush's lawyers to the mob.
Perhaps the president imagines that nobody cares much about what happens to lawyers, but he has set in motion something neither he nor anyone else can control. Some of the Democrats in Congress, eager now to join the mob, will regret what they cry for. Rep. Nancy Pelosi, for one, was a member of the House intelligence committee and sat in on super-secret briefings after Sept. 11. She concedes that she heard about waterboarding but she doesn't remember exactly what she heard. Just like Barack Obama sleeping through 20 years of the Rev. Jeremiah Wright's rabid sermons, Ms. Pelosi dozed through the briefings. Her colleagues on the intelligence panel say they remember her demanding that the CIA do more to get the "intelligence" to prevent another attack.
Republicans in the Senate, including John McCain and Lindsey Graham, are finally finding their voices. So is Joe Lieberman, a courageous Democrat. If we're going to have hangings, Ms. Pelosi may be at risk of becoming our most famous female hangee since Mary Surratt paid her debt at the end of a rope for hanging out with John Wilkes Booth.
SOURCE
************************
Greatly Depressing
History is written by many people, but those who write government school textbooks tend to hold disproportionate sway. Sadly, their vision of America – which has driven conventional wisdom and popular opinion for decades – is built on many myths. The biggest myth of them all? That capitalism and our free market system caused the Great Depression – and that only a massive expansion of the federal government saved America from permanent economic ruin.
Nothing could be further from the truth – and yet as the true history of government meddling repeats itself all around us (with the direst of consequences for future generations), America seems incapable of learning from these mistakes for the simple reason that no one has ever taught them how destructive interventionism has been in the past and present.
Over a decade ago, Lawrence Reed of the Mackinac Center – a Michigan-based research and educational institute – penned an important analysis of the Great Depression. Written at the height of the dot-com boom (and shortly after President Bill Clinton told us that “the era of big government is over”) Reed’s treatise breaks the Depression down into sections and analyzes the cause and effect associated with each new development.
His conclusion? It’s a complete reversal of the textbook myth, an unflinchingly-candid, meticulously-documented proof that “government intervention worsened (the Depression) and kept the economy in a stupor for over a decade.” “The calamity that began in 1929 lasted at least three times longer than any of the country’s previous depressions because the government compounded its initial errors with a series of additional and harmful interventions,” Reed writes.
Anyone who follows things like money supply and interest rate adjustments knows that the Federal Reserve’s policies in the months leading up to the Great Crash of 1928 courted disaster. But it was the effect of government interventionism after the crash that did the real damage – which given the unprecedented $13 trillion intervention currently underway in our country should send shivers up and down every American’s spine.
Perhaps most importantly, Reed’s paper shatters once and for all the myth that President Herbert Hoover was the laissez-faire capitalist recalled by American textbooks. For starters, Hoover’s administration – with Congressional support – dramatically increased government spending from 16.4 percent to 21.5 of GNP in one year. Hoover also signed a foolhardy tariff that crippled trade, as well as the largest tax hike in American history in the spring if 1932. On top of that, during Hoover’s tenure the Federal Reserve imposed the biggest interest rate increase in its history. High tariffs, huge subsidies, deflationary monetary policy, tax increases – does that sound like a laissez-faire capitalist to you?
Ironically, Franklin Delano Roosevelt – whose New Deal policies were later revealed to have been taken straight out of Hoover’s playbook – won election by blasting his predecessor as “reckless and extravagant,” and presiding over “the greatest spending administration in peacetime in all of history.” Roosevelt, the “limited government” advocate, even bemoaned Hoover’s desire to “center control of everything in Washington.”
Obviously, Roosevelt flip-flopped after he was elected and put Hoover’s interventionist approach on steroids – much as President Barack Obama has done with the failed bailout mentality of his predecessor. The reality, though, is that none of these leaders differ all that much in their ideological approach to recession.
Now the question is this – does the big government approach work? Absolutely not. Prior to the Great Depression, no American recession had lasted longer than four years. Most were over in two. The Great Depression dragged on for nearly twelve years, however, with unemployment reaching as high as 25% at one point. And just as it is doing now, government over-taxed and over-regulated the economy the whole way through, starving it of desperately needed capital while consolidating frightening levels of power in Washington.
But that’s not the story told by government textbooks – just as it’s not the story that’s being told today by the America’s mainstream media. Politicians are relying on big government’s myth to make – and promote – some of the most monumentally foolhardy economic decisions in our nation’s history. Frankly, it’s past time that we started telling the truth about our past – and applying common sense to the future. The longer we wait, the deeper we dig the hole for future generations.
SOURCE
*********************
ELSEWHERE
How a socialist government doesn't work: "More than four million Spanish people are out of work. According to the country's National Statistics Institute a record high figure of 17.4 per cent were unemployed in the first quarter of the year. Unemployment leapt from 13.9 per cent in the fourth quarter of 2008, the biggest quarterly jump since 1976. Joblessness in Spain has almost doubled in a year. The Bank of Spain had previously forecast that unemployment would not surpass 17.1 per cent for the year. Alarmingly, 1,068,400 families have every member out of work. And as the dole queues lengthen, labour unrest is growing. Two hundred pickets yesterday picketed a shipyard in the Basque country to protest at the employment of cheap Romanian and Portuguese workers that is threatening the jobs of 1,100 local workers."
Tony Blair opposes new 50 pence tax rate for high earners: "Tony Blair believes the new 50 per cent top rate of income tax introduced by Gordon Brown is a "terrible mistake". The former Prime Minister has privately expressed his despair at the Labour government's decision to target the wealthy in the Budget. Some of the leading architects of New Labour have also savaged the move, which they believe has cost Labour any hope of winning the general election. The revelation that Mr Blair has privately indicated his opposition to the headline 50 pence tax rate for people earning over £150,000 will cause consternation in Downing Street. One of Mr Blair's closest allies said: "The 50p tax move is a disaster. Blair would have cut taxes, not increased them." The hostile public reaction to the Budget, which signalled a return to the politics of class warfare, has intensified speculation that Mr Brown could face a leadership challenge. The mood of despair among Labour MPs deepened after figures published yesterday showed the economy contracted far more sharply in the first quarter than the Chancellor Alistair Darling predicted in his Budget statement only two days earlier."
The British police State: "Every phone call, email or website visit will be monitored by the state under plans to be unveiled next week. The proposals will give police and security services the power to snoop on every single communication made by the public with the data then likely to be stored in an enormous national database. The precise content of calls and other communications would not be accessible but even text messages and visits to social networking sites such as Facebook and Twitter would be tracked. The move has alarmed civil liberty campaigners, and the country's data protection watchdog last night warned the proposals would be "unacceptable". Jacqui Smith, the Home Secretary, will argue the powers are needed to target terrorists and serious criminals who are taking advantage of the increasing complex nature of communications to plot atrocities and crimes."
Legion leader accepts apology from Napolitano: "More apologies came from Department of Homeland Security Secretary Janet Napolitano on Friday during and after a meeting with the commander of the American Legion about the disparaging language in a security assessment that suggested returning troops from Iraq or Afghanistan could be recruited for "right-wing" domestic terrorist attacks. "We connected meaningfully about the important issues that have emerged over recent days, and I offered him my sincere apologies for any offense to our veterans caused by this report," Ms. Napolitano said. "I pledge that the department has fixed the internal process that allowed this document to be released before it was ready." David K. Rehbein, commander of the veterans group, told Fox News he has forgiven the department for the report, but he will not forget it happened. "[Ms. Napolitano] said the report was not worthy of the department or the veterans of this country," Mr. Rehbein said."
NYT demise coming: "The nation's largest left-wing newspaper and the bible for network news producers and bookers may be going under. This week, The New York Times announced more staggering losses: nearly $75 million dollars in the first quarter alone. The New York Post is reporting that the Times Company owes more than $1 billion and has just $34 million in the bank. A few months ago, the company borrowed $250 million from Mexican billionaire Carlos Slim at a reported 14 percent interest rate. With things going south fast, pardon the pun, Slim might want to put in a call to Times publisher Arthur Sulzberger Jr. The problem is that under Sulzberger and executive editor Bill Keller, the Times has gone crazy left, attacking those with whom the paper disagrees and demonstrating a hatred for conservatives (particularly President Bush) that is almost pathological. That unfair and unbalanced approach has alienated a large number of readers and advertisers. According to a recent Fox News/Opinion Dynamics Poll, 46 percent of Americans define themselves as conservative. Just 34 percent say they are liberal. In this very intense marketplace, insulting half the country on a daily basis may not be a great business plan. The New York Times is most definitely a committed left-wing concern that is openly contemptuous of the conservative, traditional point of view. That is the primary reason the paper may soon dissolve. And all the cash in Carlos Slim's fat wallet is not going to change that."
Obama's Iraq Policy and a Surge of Violence: "On Thursday, Iraq suffered its worst death toll on a single day since the start of U.S. engagement there; 80 people perished after the supposed capture of Abu Omar al-Baghdadi, al-Qaeda in Iraq’s leader and one of Iraq’s most wanted men. On Friday, there was another attack almost as deadly; 60 people died and 125 were injured when two suicide bombers attacked a Shia mosque in Baghdad. This upswing in violence comes on the heels of Obama’s new policies in the Middle East, which call for a phased withdrawal from Iraq starting this summer and lasting until 2011. An upswing in violence is almost certainly related to Obama’s adjustments in troop numbers"
Germany's slump risks 'explosive' mood: "A clutch of political and labour leaders in Germany have raised the spectre of civil unrest after the country's leading institutes forecast a 6pc contraction of gross domestic product this year, a slump reminiscent of 1931 and bad enough to drive unemployment to 4.7m by 2010. Michael Sommer, leader of the DGB trade union federation, called the latest wave of sackings a "declaration of war" against Germany's workers. "Social unrest can no longer be ruled out," he said. Gesine Swann, presidential candidate for the Social Democrats, said "the mood could turn explosive" over the next three months unless the government takes drastic action. While authorities have belatedly agreed to create a "bad bank" to absorb toxic loans and stabilise the credit system, further financial troubles are almost certainly in the pipeline. Swiss risk advisers Independent Credit View said a "second wave" of debt stress is likely to hit the UK and Europe this year as the turmoil moves from mortgage securities to old-fashioned bank loans"
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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, April 25, 2009
Another small meditation on antisemitism
I can't help myself, can I? I can't leave Die Judenfrage alone. I can never quite free myself from the dangerous delusion that my goodwill towards Israel in particular and Jews generally should permit me to speak freely about why I think Jews have the horrendous problems that they do have.
There has been much said about Ashkenazi IQ and I think that there is no doubt about a substantial Ashkenazi advantage in that regard. Much less noted is something that I think is equally important: High Ashkenazi drive. By that I mean motivation to "succeed" in various ways. And the combination of high drive and high IQ does put Ashkenazim into society's prestigious positions with great frequency -- a frequency which enraged Hitler and has enraged many others before and since.
It would be easy to say that the drive to succeed and grow rich is a natural response to persecution: Because of their horrendous past, Jews feel a need to "make up" for that past somehow or protect themselves in the event of a new Pogrom. And I think there must be an element of that. But I think, for what it is worth, that there is a genetic component too. There is plenty of evidence that personality is strongly inherited genetically so that is a fairly safe conclusion. The environmental influences that selected for high IQ could well have selected for high drive too. Jews should be brimming over with energy, and I think many are, from what I see.
What I now want to ask is whether that drive is safe. How do other people respond to finding that large numbers of people in positions of influence in their society are Jewish? I think that to ask the question is to indicate the answer: Lots of people resent having "aliens" telling them what to do and think. And while a significant subset of Jews retain a distinctive identity with distinctive practices Jews WILL be seen as aliens. So should Jews ignore that resentment? Maybe. German Jews once did. But I think it is very unsafe to ignore it. Germany was once the most cultured, enlightened and civilized society on earth with a large Jewish elite and look where it ended up.
Advice is the world's most oversupplied and useless commodity but I will venture some anyhow. I think Jews should ease up -- relax more. Among the Goyim there are many high IQ people who work happily away as butchers, mechanics etc. Their friends and family are their rewards in life. Could it be the same for Jews too? Fame and fortune may not really be as good as they are cracked up to be. They might just make you a more prominent and more resented target one day. There is no doubt that antisemitism is once again on the rise worldwide -- even in Japan, amazingly enough.
And achieving that fame and fortune may entail sacrifices that are not worth it. Take, for example, England's Susan Greenfield (ancestrally Gruenfeld, presumably). She is an academic neurologist so is clearly a smart lady. And she has certainly fulfilled what many would see as a dream. Britain's Labour Party government has made her a Baroness! She is a member of that august body, the House of Lords.
But how did she manage that? By becoming a sort of intellectual prostitute. She has used her academic position to propagandize in favour of many things that Britain's Leftist elite believe in -- such as the belief that the workers spend too much time in front of TV and entertaining themselves with computers. You can see an example of that here where I look at her latest attempt to justify medically that belief in the evils of computers. What she writes is sheer drivel -- pure speculation without an ounce of proof behind it. It is a very low place for a scientist to end up in. I personally think that scientific integrity would have become her better, even if fewer baubles came with it. One hopes that she eventually will come to that conclusion too.
Just for purposes of illustration, let me describe a high IQ, high drive Goy whom I know. I will call him "S". S is in his early 40s, has a beautiful wife and two attractive children. He has recently had a large and airy house built for himself and his family that is specifically designed for entertaining. He is as happy a man as any I know. I am sure he is not perfectly happy. Who is? But I am sure he is at least as happy as (say) Susan Greenfield. From the available online biographies of her I gather that she is divorced and childless. S has been in the military for all his working life and has risen through the ranks but not to a position of any great distinction. He recently served in the Gulf so is no chocolate soldier. As befits a military man his hobby is fighting -- martial arts -- and he is as a result very fit and healthy -- and his hobby is also a good outlet for any surplus energies. So he has lived a good life, greatly appreciated by his friends and relatives but entirely out of the public eye. So he is happy with no need for fame and fortune at all.
I am sure that the life S has chosen would not be attractive to many Jews -- though Greg Sher is remembered with great honour -- but I think it shows clearly that fame and fortune is not the only way to a good life.
*********************
ELSEWHERE
Some economic sanity for a change: "Three cheers for President Obama's decision, announced quietly on Monday, to repudiate a campaign promise and not press for new labor and environmental regulations in the North American Free Trade Agreement. The last thing the Western Hemisphere needs are more trade barriers that would snarl supply chains and damage commerce. Perhaps we should call this Austan Goolsbee's revenge. Recall that last year the Obama economic adviser had told a Canadian diplomat to ignore Mr. Obama's Nafta campaign rhetoric; the candidate was merely pandering to Big Labor. When that disclosure became news, Mr. Goolsbee was banished to the campaign's isolation ward for imperfect spinners. Now we know Mr. Goolsbee -- not the candidate -- was the one telling the truth. Mr. Obama got an earful on trade from his counterparts at the Summit of the Americas over the weekend and that might have something to do with his Nafta walkback"
LOST at sea: “The return of piracy to the high seas demonstrates the limits of international law. The ‘international community’ might agree that it is wrong to seize ships for ransom, but a few thugs with guns in Somalia beg to differ. Paper guarantees cannot stop seajackings. Yet Secretary of State Hillary Clinton wants Congress to ratify the Law of the Sea Treaty, the ultimate in paper guarantees."
Abolish the “death tax”: “If there were a prize for the most destructive tax, the death tax surely would be a prohibitive favorite. Known to policy wonks as the estate tax, this levy is a punitive form of double taxation that penalizes people for trying to create a nest egg for their children. The damage to families, though, is just the tip of the iceberg. The real problem, at least to economists, is that the death tax discourages economic growth by reducing saving and investment.”
The drug war: A bonanza for the enemies of freedom: “If it had been dreamed up by Satan himself in the bowels of Hell, the War on Drugs couldn’t be more diabolically calculated to destroy our liberties and promote the cause of evil in the world. In the Netherlands, where marijuana is (de facto) legal, and most hard drugs are virtually decriminalized and available to addicts by prescription, the rates of drug use are actually lower than in the United States. That means we’ve militarized and corrupted our police forces, turned the Bill of Rights into toilet paper, and handed the country over to gangs (including gangs in police uniforms) — all for absolutely nothing.”
Is “sexting” same as porn?: “I am sure that Vermonters don’t like the idea of teens sending sexy pictures from one phone to another. Nor do Ohio and Utah parents want their kids using cellphone minutes to bare their bodies with their buddies. Nevertheless, their state legislatures are among the first trying to sensibly ratchet down the penalties for ’sexting.’ They are backing away from laws that currently treat a teenager with a cellphone the same way they treat a child pornographer. They know there’s a difference between truly dreadful judgment and a felony. Over the last months, sexting — that spicy combo of sex and texting — has created something between a moral panic and a reprise of ‘Trouble in River City.’”
New Obama adviser is anti-Israel: "While President Bush was "blindly" and "mindlessly" supportive of Israel, President Obama may be less willing to give the Jewish state "blank checks," says Rosa Brooks, the Obama administration's new adviser to one of the most influential Pentagon officials. Brooks will advise Michelle Fluornoy, the undersecretary of defense for policy, a position that wields enormous power over drafting U.S. military doctrine in Pakistan, Afghanistan and Iraq. Until accepting her position earlier this month, Brooks, who did work on behalf of George Soros' philanthropic foundation, also served as a columnist for the Los Angeles Times. A WND review of her opinion pieces in the newspaper finds trends that defenders of the Jewish state may view as anti-Israel, including distorting history to seemingly whitewash Palestinian terrorism."
N.Korea has world's largest artillery force: " The top US commander in South Korea said on Wednesday that North Korea has the world's largest artillery force and could rain fire on Seoul should the communist state decide to provoke all-out conflict. General Walter Sharp's comments came amid rising tensions on the peninsula. Last Saturday the North's military reminded South Korea that its densely populated capital is "only 50 km away" from the border. Sharp, commander of some 28,500 US troops in South Korea, said the North has "an old but very large military that is positioned in a very dangerous place, very close" to South Korea. "They have a very large special operating force. It has the world's largest artillery force that is positioned as far south as possible and that can rain on Seoul today," he told local business leaders. The North maintains 80,000 special forces and is believed to have some 13,000 artillery pieces deployed along the border, Sharp said. Cross-border relations are at their worst in a decade after South Korean President Lee Myung-Bak abandoned his predecessors' policy of providing almost unconditional aid to the North. Sharp said US and South Korean troops are prepared to "fight and win" at any moment, stressing they "have operational plans prepared in order to be able to meet any contingencies".
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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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I can't help myself, can I? I can't leave Die Judenfrage alone. I can never quite free myself from the dangerous delusion that my goodwill towards Israel in particular and Jews generally should permit me to speak freely about why I think Jews have the horrendous problems that they do have.
There has been much said about Ashkenazi IQ and I think that there is no doubt about a substantial Ashkenazi advantage in that regard. Much less noted is something that I think is equally important: High Ashkenazi drive. By that I mean motivation to "succeed" in various ways. And the combination of high drive and high IQ does put Ashkenazim into society's prestigious positions with great frequency -- a frequency which enraged Hitler and has enraged many others before and since.
It would be easy to say that the drive to succeed and grow rich is a natural response to persecution: Because of their horrendous past, Jews feel a need to "make up" for that past somehow or protect themselves in the event of a new Pogrom. And I think there must be an element of that. But I think, for what it is worth, that there is a genetic component too. There is plenty of evidence that personality is strongly inherited genetically so that is a fairly safe conclusion. The environmental influences that selected for high IQ could well have selected for high drive too. Jews should be brimming over with energy, and I think many are, from what I see.
What I now want to ask is whether that drive is safe. How do other people respond to finding that large numbers of people in positions of influence in their society are Jewish? I think that to ask the question is to indicate the answer: Lots of people resent having "aliens" telling them what to do and think. And while a significant subset of Jews retain a distinctive identity with distinctive practices Jews WILL be seen as aliens. So should Jews ignore that resentment? Maybe. German Jews once did. But I think it is very unsafe to ignore it. Germany was once the most cultured, enlightened and civilized society on earth with a large Jewish elite and look where it ended up.
Advice is the world's most oversupplied and useless commodity but I will venture some anyhow. I think Jews should ease up -- relax more. Among the Goyim there are many high IQ people who work happily away as butchers, mechanics etc. Their friends and family are their rewards in life. Could it be the same for Jews too? Fame and fortune may not really be as good as they are cracked up to be. They might just make you a more prominent and more resented target one day. There is no doubt that antisemitism is once again on the rise worldwide -- even in Japan, amazingly enough.
And achieving that fame and fortune may entail sacrifices that are not worth it. Take, for example, England's Susan Greenfield (ancestrally Gruenfeld, presumably). She is an academic neurologist so is clearly a smart lady. And she has certainly fulfilled what many would see as a dream. Britain's Labour Party government has made her a Baroness! She is a member of that august body, the House of Lords.
But how did she manage that? By becoming a sort of intellectual prostitute. She has used her academic position to propagandize in favour of many things that Britain's Leftist elite believe in -- such as the belief that the workers spend too much time in front of TV and entertaining themselves with computers. You can see an example of that here where I look at her latest attempt to justify medically that belief in the evils of computers. What she writes is sheer drivel -- pure speculation without an ounce of proof behind it. It is a very low place for a scientist to end up in. I personally think that scientific integrity would have become her better, even if fewer baubles came with it. One hopes that she eventually will come to that conclusion too.
Just for purposes of illustration, let me describe a high IQ, high drive Goy whom I know. I will call him "S". S is in his early 40s, has a beautiful wife and two attractive children. He has recently had a large and airy house built for himself and his family that is specifically designed for entertaining. He is as happy a man as any I know. I am sure he is not perfectly happy. Who is? But I am sure he is at least as happy as (say) Susan Greenfield. From the available online biographies of her I gather that she is divorced and childless. S has been in the military for all his working life and has risen through the ranks but not to a position of any great distinction. He recently served in the Gulf so is no chocolate soldier. As befits a military man his hobby is fighting -- martial arts -- and he is as a result very fit and healthy -- and his hobby is also a good outlet for any surplus energies. So he has lived a good life, greatly appreciated by his friends and relatives but entirely out of the public eye. So he is happy with no need for fame and fortune at all.
I am sure that the life S has chosen would not be attractive to many Jews -- though Greg Sher is remembered with great honour -- but I think it shows clearly that fame and fortune is not the only way to a good life.
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ELSEWHERE
Some economic sanity for a change: "Three cheers for President Obama's decision, announced quietly on Monday, to repudiate a campaign promise and not press for new labor and environmental regulations in the North American Free Trade Agreement. The last thing the Western Hemisphere needs are more trade barriers that would snarl supply chains and damage commerce. Perhaps we should call this Austan Goolsbee's revenge. Recall that last year the Obama economic adviser had told a Canadian diplomat to ignore Mr. Obama's Nafta campaign rhetoric; the candidate was merely pandering to Big Labor. When that disclosure became news, Mr. Goolsbee was banished to the campaign's isolation ward for imperfect spinners. Now we know Mr. Goolsbee -- not the candidate -- was the one telling the truth. Mr. Obama got an earful on trade from his counterparts at the Summit of the Americas over the weekend and that might have something to do with his Nafta walkback"
LOST at sea: “The return of piracy to the high seas demonstrates the limits of international law. The ‘international community’ might agree that it is wrong to seize ships for ransom, but a few thugs with guns in Somalia beg to differ. Paper guarantees cannot stop seajackings. Yet Secretary of State Hillary Clinton wants Congress to ratify the Law of the Sea Treaty, the ultimate in paper guarantees."
Abolish the “death tax”: “If there were a prize for the most destructive tax, the death tax surely would be a prohibitive favorite. Known to policy wonks as the estate tax, this levy is a punitive form of double taxation that penalizes people for trying to create a nest egg for their children. The damage to families, though, is just the tip of the iceberg. The real problem, at least to economists, is that the death tax discourages economic growth by reducing saving and investment.”
The drug war: A bonanza for the enemies of freedom: “If it had been dreamed up by Satan himself in the bowels of Hell, the War on Drugs couldn’t be more diabolically calculated to destroy our liberties and promote the cause of evil in the world. In the Netherlands, where marijuana is (de facto) legal, and most hard drugs are virtually decriminalized and available to addicts by prescription, the rates of drug use are actually lower than in the United States. That means we’ve militarized and corrupted our police forces, turned the Bill of Rights into toilet paper, and handed the country over to gangs (including gangs in police uniforms) — all for absolutely nothing.”
Is “sexting” same as porn?: “I am sure that Vermonters don’t like the idea of teens sending sexy pictures from one phone to another. Nor do Ohio and Utah parents want their kids using cellphone minutes to bare their bodies with their buddies. Nevertheless, their state legislatures are among the first trying to sensibly ratchet down the penalties for ’sexting.’ They are backing away from laws that currently treat a teenager with a cellphone the same way they treat a child pornographer. They know there’s a difference between truly dreadful judgment and a felony. Over the last months, sexting — that spicy combo of sex and texting — has created something between a moral panic and a reprise of ‘Trouble in River City.’”
New Obama adviser is anti-Israel: "While President Bush was "blindly" and "mindlessly" supportive of Israel, President Obama may be less willing to give the Jewish state "blank checks," says Rosa Brooks, the Obama administration's new adviser to one of the most influential Pentagon officials. Brooks will advise Michelle Fluornoy, the undersecretary of defense for policy, a position that wields enormous power over drafting U.S. military doctrine in Pakistan, Afghanistan and Iraq. Until accepting her position earlier this month, Brooks, who did work on behalf of George Soros' philanthropic foundation, also served as a columnist for the Los Angeles Times. A WND review of her opinion pieces in the newspaper finds trends that defenders of the Jewish state may view as anti-Israel, including distorting history to seemingly whitewash Palestinian terrorism."
N.Korea has world's largest artillery force: " The top US commander in South Korea said on Wednesday that North Korea has the world's largest artillery force and could rain fire on Seoul should the communist state decide to provoke all-out conflict. General Walter Sharp's comments came amid rising tensions on the peninsula. Last Saturday the North's military reminded South Korea that its densely populated capital is "only 50 km away" from the border. Sharp, commander of some 28,500 US troops in South Korea, said the North has "an old but very large military that is positioned in a very dangerous place, very close" to South Korea. "They have a very large special operating force. It has the world's largest artillery force that is positioned as far south as possible and that can rain on Seoul today," he told local business leaders. The North maintains 80,000 special forces and is believed to have some 13,000 artillery pieces deployed along the border, Sharp said. Cross-border relations are at their worst in a decade after South Korean President Lee Myung-Bak abandoned his predecessors' policy of providing almost unconditional aid to the North. Sharp said US and South Korean troops are prepared to "fight and win" at any moment, stressing they "have operational plans prepared in order to be able to meet any contingencies".
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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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Friday, April 24, 2009
Self confidence as a boost to educational achievement among bottom-performing blacks
The abstract below appears to be the study some Leftists refer to in their zeal to show that African IQ levels have more potential than is normally apparent. The article is not unreasonable. That blacks at the very bottom rung of educational achievement are there because of low IQ PLUS low motivation is a perfectly straightforward idea that raises no new issues. But is it true? The effects reported below cover only a 2 year time-span -- which is ludicrous for evaluating the effectiveness of the procedure. "Fadeout" of such improvements as the child moves into adulthood is the norm. There is no reason to believe that the procedures reported below will be any different
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Presidential Poison
His invitation to indict Bush officials will haunt Obama's Presidency -- and make bureaucrats who might otherwise help Obama sit on their hands -- fearful of how a future GOP administration might use this precedent. Once again the man shows that he is a fool
Mark down the date. Tuesday, April 21, 2009, is the moment that any chance of a new era of bipartisan respect in Washington ended. By inviting the prosecution of Bush officials for their antiterror legal advice, President Obama has injected a poison into our politics that he and the country will live to regret.
Policy disputes, often bitter, are the stuff of democratic politics. Elections settle those battles, at least for a time, and Mr. Obama's victory in November has given him the right to change policies on interrogations, Guantanamo, or anything on which he can muster enough support. But at least until now, the U.S. political system has avoided the spectacle of a new Administration prosecuting its predecessor for policy disagreements. This is what happens in Argentina, Malaysia or Peru, countries where the law is treated merely as an extension of political power.
If this analogy seems excessive, consider how Mr. Obama has framed the issue. He has absolved CIA operatives of any legal jeopardy, no doubt because his intelligence advisers told him how damaging that would be to CIA morale when Mr. Obama needs the agency to protect the country. But he has pointedly invited investigations against Republican legal advisers who offered their best advice at the request of CIA officials.
"Your intelligence indicates that there is currently a level of 'chatter' equal to that which preceded the September 11 attacks," wrote Assistant Attorney General Jay Bybee, in his August 1, 2002 memo. "In light of the information you believe [detainee Abu] Zubaydah has and the high level of threat you believe now exists, you wish to move the interrogations into what you have described as an 'increased pressure phase.'"
So the CIA requests a legal review at a moment of heightened danger, the Justice Department obliges with an exceedingly detailed analysis of the law and interrogation practices -- and, seven years later, Mr. Obama says only the legal advisers who are no longer in government should be investigated. The political convenience of this distinction for Mr. Obama betrays its basic injustice. And by the way, everyone agrees that senior officials, including President Bush, approved these interrogations. Is this President going to put his predecessor in the dock too?
Mr. Obama seemed to understand the peril of such an exercise when he said, before his inauguration, that he wanted to "look forward" and beyond the antiterror debates of the Bush years. As recently as Sunday, Rahm Emanuel said no prosecutions were contemplated and now is not a time for "anger and retribution." Two days later the President disavowed his own chief of staff. Yet nothing had changed except that Mr. Obama's decision last week to release the interrogation memos unleashed a revenge lust on the political left that he refuses to resist.
Just as with the AIG bonuses, he is trying to co-opt his left-wing base by playing to it -- only to encourage it more. Within hours of Mr. Obama's Tuesday comments, Senator Carl Levin piled on with his own accusatory Intelligence Committee report. The demands for a "special counsel" at Justice and a Congressional show trial are louder than ever, and both Europe's left and the U.N. are signaling their desire to file their own charges against former U.S. officials.
Those officials won't be the only ones who suffer if all of this goes forward. Congress will face questions about what the Members knew and when, especially Nancy Pelosi when she was on the House Intelligence Committee in 2002. The Speaker now says she remembers hearing about waterboarding, though not that it would actually be used. Does anyone believe that? Porter Goss, her GOP counterpart at the time, says he knew exactly what he was hearing and that, if anything, Ms. Pelosi worried the CIA wasn't doing enough to stop another attack. By all means, put her under oath.
Mr. Obama may think he can soar above all of this, but he'll soon learn otherwise. The Beltway's political energy will focus more on the spectacle of revenge, and less on his agenda. The CIA will have its reputation smeared, and its agents second-guessing themselves. And if there is another terror attack against Americans, Mr. Obama will have set himself up for the argument that his campaign against the Bush policies is partly to blame.
Above all, the exercise will only embitter Republicans, including the moderates and national-security hawks Mr. Obama may need in the next four years. As patriotic officials who acted in good faith are indicted, smeared, impeached from judgeships or stripped of their academic tenure, the partisan anger and backlash will grow. And speaking of which, when will the GOP Members of Congress begin to denounce this partisan scapegoating? Senior Republicans like Mitch McConnell, Richard Lugar, John McCain, Orrin Hatch, Pat Roberts and Arlen Specter have hardly been profiles in courage.
Mr. Obama is more popular than his policies, due in part to his personal charm and his seeming goodwill. By indulging his party's desire to criminalize policy advice, he has unleashed furies that will haunt his Presidency.
SOURCE
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A budget worthy of Mr Bean
Britain is making large financial mistakes too -- driving out its most productive industries via the usual destructiveness of kneejerk Leftist ideas. High British taxes have already driven a lot of large firms out of Britain so what has the Labour government just done? Put up taxes even more! "Give more British jobs to foreigners" seems to be the motto
Alistair Darling has saved the economy. Unfortunately the economy he has saved is the wrong one. In true Mr Bean fashion, yesterday’s Budget saved the economies of Switzerland, Luxembourg, Jersey, Hong Kong and other low-tax jurisdictions (polite society no longer describes them as tax havens), which only three weeks ago his boss Gordon Brown had boasted of closing down. As for the British economy, one can only sigh in disbelief. To cram so much bad news and so many policy blunders into an hour-long speech was quite an achievement.
To understand all these statements, let us start by focusing on just one figure, the only figure that really meant anything in the Budget speech and the only one that Mr Cameron studiously failed to mention amid all his ritual fulmination against zillions of pounds in borrowing and scandalously inaccurate Treasury forecasts. This figure was 50 per cent, the new tax rate on the rich....
First, the announcement of any significant tax increase, at a time when the Chancellor was trying to restore business confidence and boost housing and consumption, went completely against the logic of efforts of the Government’s faith in fiscal stimulus. Mr Darling’s biggest mistake in the PreBudget Report (PBR) was to negate the benefits of his VAT cut by preannouncing a big increase in income tax and national insurance, but instead of learning from this mistake he decided to repeat it....
In different circumstances, when global finance was booming, when Britain boasted of its light-touch business-friendly regulation, when law firms and multinational companies were willing to pay telephone-number salaries to retain London staff, a Labour government might have been able to impose a 63 per cent tax on senior employees (which is what the marginal tax rate will amount to once income tax and national insurance are combined) without displacing significant amounts of business....
But this is no longer the case. Global finance and multinational businesses are in a period of ruthless restructuring and cost reduction. The same is true of all the ancillary activities such as law, accountancy, architecture, advertising, management consultancy, design and so on, which ultimately depend on their proximity to the decision makers in globalised business and finance.
In the past few years, the difference between the 50 per cent of income left after tax and national insurance in Britain and the 70 per cent left to most residents in Switzerland might not have been enough to motivate many corporate relocations. But in today’s more cost-conscious environment, banks and multinational companies will be sorely tempted by the near-doubling of net pay that they can achieve for their employees simply by moving out of Britain before Mr Darling’s new taxes and national insurance charges are imposed.
The result is likely to be a substantial shift of global businesses from Britain, at precisely the time when London needs to restore its credentials as the leading global centre for finance and business services.... Moreover, it appears on the basis of postwar experience that most of the industries in which Britain has comparative advantage – not just banking and business services, but also pharmaceuticals, energy, electronic technology, entertainment and design – are dependent on workers who are both highly paid and internationally mobile.
It is likely, therefore, that banks and hedge funds will not be the only businesses encouraged to move out of Britain – pharmaceutical and oil companies, architects and designers may be just as motivated by the prospect of paying much lower tax in other business centres, whether in Europe, America or the Far East.
SOURCE
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ELSEWHERE
Ann Coulter's mother has just passed away and Ann has written a beautiful eulogy to her here.
Obama intelligence official says interrogation provided 'high value information': "President Barack Obama's top intelligence official sent a memo to his staff saying "high value information" was obtained during interrogations using controversial techniques. The document from Admiral Dennis Blair, Director of National Intelligence, was issued last week on the same day as the White House released secret Bush administration legal memos authorising the use of methods that Mr Obama has described as torture. But a condensed version provided to the press omitted the detail about the value of the information – a move that has incensed Mr Obama's critics and opened him up to accusations of manipulation for political purposes. Adml Blair's original note to his staff last Thursday said "high value information came from interrogations in which those methods were used and provided a deeper understanding of the al-Qaeda organisation that was attacking this country". The memo is an embarrassment for Mr Obama because the conclusion reached by Adml Blair, who oversees the CIA and 15 other US intelligence agencies or departments, undermines a central plank of the White House argument – that the harsh techniques did not work."
We've got it all wrong on fishing strategy, says EU: "Europe’s fishing industry is on the brink of suicide and several species are in danger of extinction after 25 years of policy failure,the European Commission said yesterday. Officials admitted five key failings in the EU’s Common Fisheries Policy as they prepared to tear up the idea of a centrally dictated strategy. They launched the search for an alternative, saying that much of the responsibility for fishing must be returned to EU member states. One key failing that has led to the near-extinction of stocks of cod, bluefin tuna and anchovy is the “deep-rooted problem” of fleet overcapacity, with campaign groups arguing for a 40 per cent cut in the EU’s 90,000 vessels. Its admission that Europe’s controversial fisheries policy had failed was broadly welcomed by the fishing industry. The Commission said that 88 per cent of EU stocks were overfished, compared with only 25 per cent worldwide."
Right on! "Police officers should wear name tags on their uniforms and those who deliberately hide their identity could be sacked, Met Commissioner Sir Paul Stephenson said today. The police has come under severe criticism for its handling of the G20 protests and Sir Paul, Britain's most senior policeman, said he wants officers to be more easily identifiable to the public. He also made it clear though that he wanted his senior officers to take a more robust approach in supervising the rank and file officers to ensure they could both be praised and have problem areas identified."
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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)
****************************
The abstract below appears to be the study some Leftists refer to in their zeal to show that African IQ levels have more potential than is normally apparent. The article is not unreasonable. That blacks at the very bottom rung of educational achievement are there because of low IQ PLUS low motivation is a perfectly straightforward idea that raises no new issues. But is it true? The effects reported below cover only a 2 year time-span -- which is ludicrous for evaluating the effectiveness of the procedure. "Fadeout" of such improvements as the child moves into adulthood is the norm. There is no reason to believe that the procedures reported below will be any different
Recursive Processes in Self-Affirmation: Intervening to Close the Minority Achievement Gap
By Geoffrey L. Cohen et al.
A 2-year follow-up of a randomized field experiment previously reported in Science is presented. A subtle intervention to lessen minority students' psychological threat related to being negatively stereotyped in school was tested in an experiment conducted three times with three independent cohorts (N = 133, 149, and 134). The intervention, a series of brief but structured writing assignments focusing students on a self-affirming value, reduced the racial achievement gap. Over 2 years, the grade point average (GPA) of African Americans was, on average, raised by 0.24 grade points. Low-achieving African Americans were particularly benefited. Their GPA improved, on average, 0.41 points, and their rate of remediation or grade repetition was less (5% versus 18%). Additionally, treated students' self-perceptions showed long-term benefits. Findings suggest that because initial psychological states and performance determine later outcomes by providing a baseline and initial trajectory for a recursive process, apparently small but early alterations in trajectory can have long-term effects. Implications for psychological theory and educational practice are discussed.
Science 17 April 2009: Vol. 324. no. 5925, pp. 400 - 403
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Presidential Poison
His invitation to indict Bush officials will haunt Obama's Presidency -- and make bureaucrats who might otherwise help Obama sit on their hands -- fearful of how a future GOP administration might use this precedent. Once again the man shows that he is a fool
Mark down the date. Tuesday, April 21, 2009, is the moment that any chance of a new era of bipartisan respect in Washington ended. By inviting the prosecution of Bush officials for their antiterror legal advice, President Obama has injected a poison into our politics that he and the country will live to regret.
Policy disputes, often bitter, are the stuff of democratic politics. Elections settle those battles, at least for a time, and Mr. Obama's victory in November has given him the right to change policies on interrogations, Guantanamo, or anything on which he can muster enough support. But at least until now, the U.S. political system has avoided the spectacle of a new Administration prosecuting its predecessor for policy disagreements. This is what happens in Argentina, Malaysia or Peru, countries where the law is treated merely as an extension of political power.
If this analogy seems excessive, consider how Mr. Obama has framed the issue. He has absolved CIA operatives of any legal jeopardy, no doubt because his intelligence advisers told him how damaging that would be to CIA morale when Mr. Obama needs the agency to protect the country. But he has pointedly invited investigations against Republican legal advisers who offered their best advice at the request of CIA officials.
"Your intelligence indicates that there is currently a level of 'chatter' equal to that which preceded the September 11 attacks," wrote Assistant Attorney General Jay Bybee, in his August 1, 2002 memo. "In light of the information you believe [detainee Abu] Zubaydah has and the high level of threat you believe now exists, you wish to move the interrogations into what you have described as an 'increased pressure phase.'"
So the CIA requests a legal review at a moment of heightened danger, the Justice Department obliges with an exceedingly detailed analysis of the law and interrogation practices -- and, seven years later, Mr. Obama says only the legal advisers who are no longer in government should be investigated. The political convenience of this distinction for Mr. Obama betrays its basic injustice. And by the way, everyone agrees that senior officials, including President Bush, approved these interrogations. Is this President going to put his predecessor in the dock too?
Mr. Obama seemed to understand the peril of such an exercise when he said, before his inauguration, that he wanted to "look forward" and beyond the antiterror debates of the Bush years. As recently as Sunday, Rahm Emanuel said no prosecutions were contemplated and now is not a time for "anger and retribution." Two days later the President disavowed his own chief of staff. Yet nothing had changed except that Mr. Obama's decision last week to release the interrogation memos unleashed a revenge lust on the political left that he refuses to resist.
Just as with the AIG bonuses, he is trying to co-opt his left-wing base by playing to it -- only to encourage it more. Within hours of Mr. Obama's Tuesday comments, Senator Carl Levin piled on with his own accusatory Intelligence Committee report. The demands for a "special counsel" at Justice and a Congressional show trial are louder than ever, and both Europe's left and the U.N. are signaling their desire to file their own charges against former U.S. officials.
Those officials won't be the only ones who suffer if all of this goes forward. Congress will face questions about what the Members knew and when, especially Nancy Pelosi when she was on the House Intelligence Committee in 2002. The Speaker now says she remembers hearing about waterboarding, though not that it would actually be used. Does anyone believe that? Porter Goss, her GOP counterpart at the time, says he knew exactly what he was hearing and that, if anything, Ms. Pelosi worried the CIA wasn't doing enough to stop another attack. By all means, put her under oath.
Mr. Obama may think he can soar above all of this, but he'll soon learn otherwise. The Beltway's political energy will focus more on the spectacle of revenge, and less on his agenda. The CIA will have its reputation smeared, and its agents second-guessing themselves. And if there is another terror attack against Americans, Mr. Obama will have set himself up for the argument that his campaign against the Bush policies is partly to blame.
Above all, the exercise will only embitter Republicans, including the moderates and national-security hawks Mr. Obama may need in the next four years. As patriotic officials who acted in good faith are indicted, smeared, impeached from judgeships or stripped of their academic tenure, the partisan anger and backlash will grow. And speaking of which, when will the GOP Members of Congress begin to denounce this partisan scapegoating? Senior Republicans like Mitch McConnell, Richard Lugar, John McCain, Orrin Hatch, Pat Roberts and Arlen Specter have hardly been profiles in courage.
Mr. Obama is more popular than his policies, due in part to his personal charm and his seeming goodwill. By indulging his party's desire to criminalize policy advice, he has unleashed furies that will haunt his Presidency.
SOURCE
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A budget worthy of Mr Bean
Britain is making large financial mistakes too -- driving out its most productive industries via the usual destructiveness of kneejerk Leftist ideas. High British taxes have already driven a lot of large firms out of Britain so what has the Labour government just done? Put up taxes even more! "Give more British jobs to foreigners" seems to be the motto
Alistair Darling has saved the economy. Unfortunately the economy he has saved is the wrong one. In true Mr Bean fashion, yesterday’s Budget saved the economies of Switzerland, Luxembourg, Jersey, Hong Kong and other low-tax jurisdictions (polite society no longer describes them as tax havens), which only three weeks ago his boss Gordon Brown had boasted of closing down. As for the British economy, one can only sigh in disbelief. To cram so much bad news and so many policy blunders into an hour-long speech was quite an achievement.
To understand all these statements, let us start by focusing on just one figure, the only figure that really meant anything in the Budget speech and the only one that Mr Cameron studiously failed to mention amid all his ritual fulmination against zillions of pounds in borrowing and scandalously inaccurate Treasury forecasts. This figure was 50 per cent, the new tax rate on the rich....
First, the announcement of any significant tax increase, at a time when the Chancellor was trying to restore business confidence and boost housing and consumption, went completely against the logic of efforts of the Government’s faith in fiscal stimulus. Mr Darling’s biggest mistake in the PreBudget Report (PBR) was to negate the benefits of his VAT cut by preannouncing a big increase in income tax and national insurance, but instead of learning from this mistake he decided to repeat it....
In different circumstances, when global finance was booming, when Britain boasted of its light-touch business-friendly regulation, when law firms and multinational companies were willing to pay telephone-number salaries to retain London staff, a Labour government might have been able to impose a 63 per cent tax on senior employees (which is what the marginal tax rate will amount to once income tax and national insurance are combined) without displacing significant amounts of business....
But this is no longer the case. Global finance and multinational businesses are in a period of ruthless restructuring and cost reduction. The same is true of all the ancillary activities such as law, accountancy, architecture, advertising, management consultancy, design and so on, which ultimately depend on their proximity to the decision makers in globalised business and finance.
In the past few years, the difference between the 50 per cent of income left after tax and national insurance in Britain and the 70 per cent left to most residents in Switzerland might not have been enough to motivate many corporate relocations. But in today’s more cost-conscious environment, banks and multinational companies will be sorely tempted by the near-doubling of net pay that they can achieve for their employees simply by moving out of Britain before Mr Darling’s new taxes and national insurance charges are imposed.
The result is likely to be a substantial shift of global businesses from Britain, at precisely the time when London needs to restore its credentials as the leading global centre for finance and business services.... Moreover, it appears on the basis of postwar experience that most of the industries in which Britain has comparative advantage – not just banking and business services, but also pharmaceuticals, energy, electronic technology, entertainment and design – are dependent on workers who are both highly paid and internationally mobile.
It is likely, therefore, that banks and hedge funds will not be the only businesses encouraged to move out of Britain – pharmaceutical and oil companies, architects and designers may be just as motivated by the prospect of paying much lower tax in other business centres, whether in Europe, America or the Far East.
SOURCE
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ELSEWHERE
Ann Coulter's mother has just passed away and Ann has written a beautiful eulogy to her here.
Obama intelligence official says interrogation provided 'high value information': "President Barack Obama's top intelligence official sent a memo to his staff saying "high value information" was obtained during interrogations using controversial techniques. The document from Admiral Dennis Blair, Director of National Intelligence, was issued last week on the same day as the White House released secret Bush administration legal memos authorising the use of methods that Mr Obama has described as torture. But a condensed version provided to the press omitted the detail about the value of the information – a move that has incensed Mr Obama's critics and opened him up to accusations of manipulation for political purposes. Adml Blair's original note to his staff last Thursday said "high value information came from interrogations in which those methods were used and provided a deeper understanding of the al-Qaeda organisation that was attacking this country". The memo is an embarrassment for Mr Obama because the conclusion reached by Adml Blair, who oversees the CIA and 15 other US intelligence agencies or departments, undermines a central plank of the White House argument – that the harsh techniques did not work."
We've got it all wrong on fishing strategy, says EU: "Europe’s fishing industry is on the brink of suicide and several species are in danger of extinction after 25 years of policy failure,the European Commission said yesterday. Officials admitted five key failings in the EU’s Common Fisheries Policy as they prepared to tear up the idea of a centrally dictated strategy. They launched the search for an alternative, saying that much of the responsibility for fishing must be returned to EU member states. One key failing that has led to the near-extinction of stocks of cod, bluefin tuna and anchovy is the “deep-rooted problem” of fleet overcapacity, with campaign groups arguing for a 40 per cent cut in the EU’s 90,000 vessels. Its admission that Europe’s controversial fisheries policy had failed was broadly welcomed by the fishing industry. The Commission said that 88 per cent of EU stocks were overfished, compared with only 25 per cent worldwide."
Right on! "Police officers should wear name tags on their uniforms and those who deliberately hide their identity could be sacked, Met Commissioner Sir Paul Stephenson said today. The police has come under severe criticism for its handling of the G20 protests and Sir Paul, Britain's most senior policeman, said he wants officers to be more easily identifiable to the public. He also made it clear though that he wanted his senior officers to take a more robust approach in supervising the rank and file officers to ensure they could both be praised and have problem areas identified."
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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, April 23, 2009
For St. George and merrie England!
Today is St. George's day, the national day of England (not Britain. Britain includes Scotland and Wales) so I have just hoisted the flag of St George from my flagpole. It has mostly in the past not been much celebrated in England but, thanks in part to Boris Johnson, the "Turkish" Mayor of London, it will be this year. Boris is a great joker. He does have some distant Turkish ancestry (Turkish Jewish if I remember rightly) but even his grandfather was an RAF bomber pilot in WWII and he himself went to Eton and Oxford.
Today is St. George's day, the national day of England (not Britain. Britain includes Scotland and Wales) so I have just hoisted the flag of St George from my flagpole. It has mostly in the past not been much celebrated in England but, thanks in part to Boris Johnson, the "Turkish" Mayor of London, it will be this year. Boris is a great joker. He does have some distant Turkish ancestry (Turkish Jewish if I remember rightly) but even his grandfather was an RAF bomber pilot in WWII and he himself went to Eton and Oxford.
CIA Waterboarding Produced Intel That Stopped Attack on Los Angeles
Anybody who thinks that torture is a simple problem in moral philosophy hasn't thought about it at any length
"Soon, you will know." That is the ominous statement an uncooperative Khalid Sheikh Mohammed (KSM), mastermind of the Sept. 11, 2001, terrorist attacks, told his Central Intelligence Agency interrogators when they initially asked him, after he had been captured, about additional planned al-Qaida attacks on the United States. In March 2003, KSM became the third and final terrorist ever waterboarded by the CIA. The other two were Abu Zubaydah and Rahim Al-Nashiri.
So few were waterboarded because the CIA was so strict in the criteria for deciding when the technique could be used.... Before they were waterboarded, both KSM and Abu Zubaydah did not believe Americans had the will to stop al-Qaida, the 2005 Justice Department memo says, citing information from the CIA. "Both KSM and Zubaydah had 'expressed their belief that the general U.S. population was 'weak,' lacked resilience and would be unable to 'do what was necessary' to prevent the terrorists from succeeding in their goals,'" said the memo. "Indeed, before the CIA used enhanced techniques in its interrogation of KSM, KSM resisted giving any answers to questions about future attacks, simply noting, 'Soon, you will know.'"
After he was waterboarded, KSM provided the CIA with information that allowed the U.S. government to close down a terror cell already "tasked" with flying a jet into a building in Los Angeles. "You have informed us that the interrogation of KSM -- once enhanced techniques were employed -- led to the discovery of a KSM plot, the 'Second Wave,' 'to use East Asian operatives to crash a hijacked airliner into' a building in Los Angeles," says the memo, referring to information CIA provided to Justice. "You have informed us that information obtained from KSM also led to the capture of Riduan bin Isomuddin, better known as Hambali, and the discovery of the Guraba Cell, a 17-member Jemaah Islamiyah cell tasked with executing the 'Second Wave,'" said the memo.
"More specifically, we understand that KSM admitted that he had (redaction) large sum of money to an al-Qaida associate (redaction) ... . Khan subsequently identified the associate (Zubair), who was then captured," said the memo. "Zubair, in turn, provided information that led to the arrest of Hambali. The information acquired from these captures allowed CIA interrogators to pose more specific questions to KSM, which led the CIA (to) Hambali's brother, al-Hadi. Using information obtained from multiple sources, al-Hadi was captured, and he subsequently identified the Garuba cell. With the aid of this additional information, interrogations of Hambali confirmed much of what was learned from KSM."
More HERE
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Spengler comes out
There has been much speculation about the identity of the insightful "Spengler". It had always seemed to me that he was an elderly German Jew. It turns out that I was nearly right. He is a not so elderly Jewish Germanist. See below. It is a small surprise that he is a RELIGIOUS Jew, though. He seemed too cynical for that. But that does undoubtedly underpin his basic premise: That only Israel will survive the cultural decay that seems to be besetting most nations. Given that Leftist insanity is at least as prevalent in Israel as it is anywhere, I wish I could be as optimistic
During the too-brief run of the Asia Times print edition in the 1990s, the newspaper asked me to write a humor column, and I chose the name "Spengler" as a joke - a columnist for an Asian daily using the name of the author of The Decline of the West.
Barely a dozen "Spengler" items appeared before the print edition went down in the 1997 Asian financial crisis. A malicious thought crossed my mind in 1999, though, as the Internet euphoria engulfed world markets: was it really possible for a medium whose premise was the rise of a homogeneous global youth culture to drive world economic growth? Youth culture, I argued, was an oxymoron, for culture itself was a bridge across generations, a means of cheating mortality. The old and angry cultures of the world, fighting for room to breath against the onset of globalization, would not go quietly into the homogenizer. Many of them would fight to survive, but fight in vain, for the tide of modernity could not be rolled back.
As in the great extinction of the tribes in late antiquity, individuals might save themselves from the incurable necrosis of their own ethnicity through adoption into the eternal people, that is, Israel. The great German-Jewish theologian and student of the existential angst of dying nations, Franz Rosenzweig, had commanded undivided attention during the 1990s, and I had a pair of essays about him for the Jewish-Christian Relations website. Rosenzweig's theology, it occurred to me, had broader applications.
The end of the old ethnicities, I believed, would dominate the cultural and strategic agenda of the next several decades. Great countries were failing of their will to live, and it was easy to imagine a world in which Japanese, German, Italian and Russian would turn into dying languages only a century hence. Modernity taxed the Muslim world even more severely, although the results sometimes were less obvious.
The 300 or so essays that I have published in this space since 1999 all proceeded from the theme formulated by Rosenzweig: the mortality of nations and its causes, Western secularism, Asian anomie, and unadaptable Islam.
Why raise these issues under a pseudonym? There is a simple answer, and a less simple one. To inform a culture that it is going to die does not necessarily win friends, and what I needed to say would be hurtful to many readers. I needed to tell the Europeans that their post-national, secular dystopia was a death-trap whence no-one would get out alive.
I needed to tell the Muslims that nothing would alleviate the unbearable sense of humiliation and loss that globalization inflicted on a civilization that once had pretensions to world dominance. I needed to tell Asians that materialism leads only to despair. And I needed to tell the Americans that their smugness would be their undoing.
In this world of accelerated mortality, in which the prospect of national extinction hung visibly over most of the peoples of the world, Jew-hatred was stripped of its mask, and revealed as the jealousy of the merely undead toward living Israel. And it was not hard to show that the remnants of the tribal world lurking under the cover of Islam were not living, but only undead, incapable of withstanding the onslaught of modernity, throwing a tantrum against their inevitable end.
I have been an equal-opportunity offender, with no natural constituency. My academic training, strewn over two doctoral programs, was in music theory and German, as well as economics. I have have published a number of peer-reviewed papers on philosophy, music and mathematics in the Renaissance. But I came to believe that there are things even more important than the high art of the West and its most characteristic endeavor, classical music, the passion and consolation of my youth. Western classical music expresses goal-oriented motion, a teleology, as it were - but where did humankind learn of teleology? I no longer quite belonged with my friends and colleagues, the artists.
G K Chesterton said that if you don't believe in God, you'll believe in anything, and I was living proof of that as a young man, wandering in the fever-swamps of left-wing politics. I found my way thanks to the first Ronald Reagan administration. The righting of America after it nearly capsized during the dark years of Jimmy Carter was a defining experience for me. I owe much to several mentors, starting with Dr Norman A. Bailey, special assistant to President Reagan and director of plans at the National Security Council from 1981-1984. My political education began in his lair at the old Executive Office Building in 1981, when he explained to me that the US would destroy the Soviet Empire by the end of the 1980s. I thought him a dangerous lunatic, and immediately signed on.
I worked for Bailey's consulting firm after he left government, simultaneously pursuing a doctorate (never quite finished) in music theory. I owe most of all to the music theorists in the school of Heinrich Schenker with whom I studied in the doctoral program at City University.
Another mentor was Professor Robert Mundell, the creator of supply-side economics, among his other contributions. As an economist for the supply-side consulting firm Polyconomics in the late 1980s and early 1990s, I had dozens of conversations with Mundell, who won the Nobel Prize in 1999. I can't claim to be a Mundell student, but he graciously allowed me to acknowledge his help in a 1994 article I published in Journal of Applied Corporate Finance. What I gleaned from Mundell allowed me to begin a successful career on Wall Street at an age when most of its denizens already are over the hill.
By the late 1990s, I no longer believed that solving problems of economic stability and growth was sufficient to resolve problems that manifested themselves in economic form. Working in the inside of the financial world, ultimately as a member of the executive committee for fixed income of America's largest bank, I saw how easy it was to prejudice the efficiency of markets and to introduce distortions that eventually would have awful consequences.
I no longer quite belonged with my old friends the economists. I had left economics for music, and left music for finance, eventually working in senior research positions at Bear Stearns, Credit Suisse and Bank of America. At Bank of America, I created from scratch a highly rated fixed income research department between 2002 to 2005, with 120 professionals and mid-nine-figure compensation budget. By 2005, it was no longer clear how the financial industry would play a helpful role in fostering prosperity, and philosophical differences prompted me to take my leave.
Exile among the fleshpots of Wall Street had its benefits, but I had other ambitions. My commitment to Judaism came relatively late in life, in my mid-thirties, but was all the more passionate for its tardiness. The things I had been raised to love were disappearing from the world, or changing beyond recognition. The language of Goethe and Heine would die out, along with the languages of Dante and Pushkin.
Europe's high culture and its capacity to train universal minds had deteriorated beyond repair; one of the last truly universal European minds belongs to the octogenarian Pope Benedict XVI. In 1996, the then Cardinal Joseph Ratzinger had said in an interview published as Das Salz der Erde, "Perhaps we have to abandon the idea of the popular Church. Possibly, we stand before a new epoch of Church history with quite different conditions, in which Christianity will stand under the sign of the mustard seed, in small and apparently insignificant groups, which nonetheless oppose evil intensively and bring the Good into the world." The best mind in the Catholic Church squarely considered the possibility that Christianity itself might shrink into seeming insignificance.
Renewal could not come from music, nor literature, nor the social sciences. The wells of culture had run dry, because they derived from faith to begin with. I was raised in the Enlightenment pseudo-religion of art and beauty. Initially I looked at faith instrumentally, as a means of regenerating the high culture of the West. Art doesn't exist for art's sake.
The high culture of the West had its own Achilles' heel. Even its greatest cultivators often suffered from the sin of pride, and worshiped their own powers rather than the source of their powers. Painfully and slowly, I began to learn the classic Jewish sources. My guide back to Judaism was the great German-Jewish theologian Franz Rosenzweig, and my first essay on these subjects was published by the Jewish-Christian Relations website in 1999 under the title, "Has Franz Rosenzweig's Time Come?"
The intersection point in the Venn diagram of my background had shrunk to the point of vanishing. As a returning religious Jew, I had less and less to discuss with the secular Zionists who shared my passion and partisanship for Israel, but could not see a divine dimension in Jewish nationhood. So-called cultural Judaism repelled me; most of what passes for Jewish culture comes down to the mud that stuck to our boots as we fled one country after another. The Hebrew Bible and its commentaries over the centuries are the core of Jewish culture, with a handful of odd adjuncts, such as the novels of S Y Agnon or the last, devotional poems of Heine.
Both as classical musician and as a Germanist, I had better insight than most Jews into the lofty character of Joseph Cardinal Ratzinger, now Benedict XVI. His writings on the spiritual riches of Western classical music were an inspiration to me almost thirty years ago, when it seemed possible that this most sublime of Western arts would die out for lack of interest. Ratzinger was kind enough to review and comment on the draft of one of my articles on music theory in the 1980s. There is a connection between Ratzinger's insider's grasp of music and his Fingerspitzengefuhl for Jewish theology - something I tried to express in an essay entitled "The Pope, the Musicians and the Jews."
I was in, but not of, the world of rabbinical Judaism, of classical music, of cultural history, of conservative economics, of practical finance - I belonged everywhere and nowhere. I could address each of these spheres only ironically and aphoristically, in a voice that only could be anonymous - for anonymity allowed me to be in but not of all of them. As First Things editor Joseph Bottum observed to me, "Spengler's" voice freed my style. Why not openly identify myself? Because my readers then would have jammed my thinking into the Procrustean bed of their prejudice.
In 2000, there was nothing to do but to cast my thoughts upon the waters. When the first of these essays appeared I had no expectation that they might interest a wide public. To my astonishment, they were read, and read extensively. Then came 9/11, and my tale of the existential angst of nations was borne up by the Zeitgeist. The Spengler forum at Asia Times Online grew to nearly five thousand registered members. The essays often reached a million readers a month.
As I wrote pseudonymously for Asia Times Online, new friends announced themselves - journalists, academics, clergy, and people of faith from many walks of life, not least the indefatigable group of good friends that manages the Spengler Forum. The editors of First Things asked me for an essay on Franz Rosenzweig and Islam, which I published in 2007, and later a piece entitled "Zionism for Christians", which appeared in 2008 under the pseudonym "David Shushon". That was a milestone for me.
I had subscribed to the journal not long after its inception in 1990, the year I finished my PhD coursework in music. To write for First Things was an unanticipated honor. I came to know the magazine's editor Joseph Bottum, as well as such regular contributors as George Weigel, Russell Hittinger and R R Reno. On January 8, 2009, the magazine's founder Richard John Neuhaus died. A few weeks later Jody Bottum asked me to join the staff of First Things as an editor and writer. It seems only heartbeats ago that I was in dark seas, looking up at this beacon; now it is my turn to help keep the lighthouse.
As for Asia Times Online - this scrappy, virtual expat bar - I was there at the founding, and will contribute to it as long it continues to upload, if somewhat less frequently than before.
"Spengler" is channeled by David P. Goldman, associate editor of First Things (www.firstthings.com).
SOURCE
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ELSEWHERE
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Domestic Terrorist Added to FBI Most-Wanted Terrorists List is NOT a Veteran! "In what must be a huge surprise to Homeland Security Secretary Janet Napolitano, the first domestic terrorist named to the FBI’s list of Most-Wanted Terrorists appears to have no military experience. In other words, he’s not what Napolitano would describe as a “right-wing extremist” who needs to be watched by law enforcement. The FBI added Daniel Andreas San Diego, a 31-year-old American animal rights activist, to its list of Most-Wanted Terrorists this morning."
Why do "progressives" love trains?: “AMTRAK lives on subsidies; always has, always will. Americans have limited demand for passenger-train services. Nearly everyone prefers to use a personal automobile, for all sorts of good reasons, including privacy, flexibility, and convenience. None of this is news. Transportation economists have been documenting it in study after study for decades. Yet the leftists of this country at some point — I’m not sure exactly when it happened — fell head over heels in ideological love with trains. I lived for many years in the Seattle area, where traditional religion does not rank very high with the bulk of the population, but devotion to ‘light rail’ serves as a perfect substitute for belief in a higher power.”
Hooray! "The New York Times Co. reported a quarterly net loss of $US74.5 million ($104 million) overnight, a day after its flagship newspaper scooped up five Pulitzer prizes, the highest awards in US journalism. Times Co. shares plunged 15.56 per cent to $US4.94 on Wall Street as the company, which also owns The Boston Globe, International Herald Tribune and other papers, reported a drop in advertising revenue of nearly 30 per cent. Revenue for the Times Co. declined 18.6 per cent to $US609 million in the first quarter from $US747.9 million in the same quarter last year. The Times Co., which posted a net loss of $US335,000 in the first quarter of 2008, said advertising revenue at its publishing segment dropped 28.4 per cent in the first three months of 2009, including an 8 per cent decline in online advertising revenue at its News Media Group. The New England Media Group, which includes the Boston Globe and Boston.com, saw a 31.4 per cent decline in advertising revenue."
US Supreme Court limits police search powers during arrests: “A divided U.S. Supreme Court limited police powers, ruling that officers violated the Constitution when they searched the car of an Arizona man who had already been handcuffed and put in a patrol car. Voting 5-4, the justices today overturned Rodney Gant’s three-year prison sentence for possessing the cocaine officers found in his car. The majority said police needed a warrant because Gant had already parked the car and walked away from it when police arrested him for driving with a suspended license. Writing for the majority, Justice John Paul Stevens said the search didn’t fall within an exception to the warrant requirement the court has carved out for searches that take place at the time of arrest. Stevens said that exception existed to ensure an arrested person didn’t grab a weapon or destroy evidence.”
Clueless Obama: “If President Obama doesn’t understand why the economy tanked, he surely won’t know what recovery requires. And if he doesn’t know that, he’s surely part of the problem, not the solution. In his speech on the economy at Georgetown University this week, Obama again showed that he hasn’t a clue what caused the economic calamity. He spent a few paragraphs of his speech ‘explaining’ to the students what happened — but he got it wrong. Had this been a class, he should have gotten an F.”
The apologists: “For 50 minutes, Obama sat mute, as a Marxist thug from Nicaragua delivered his diatribe, charging America with a century of terrorist aggression in Central America. After Daniel Ortega finished spitting in our face, accusing us of inhumanity toward Fidel Castro’s Cuba, Obama was asked his thoughts. ‘I thought it was 50 minutes long. That’s what I thought.’ Hillary Clinton was asked to comment: ‘I thought the cultural performance was fascinating,’ she cooed. … Thus the nation that won the Cold War, contained the cancer of Castroism in Cuba, liberated Grenada, blocked communist takeovers of Guatemala and the Dominican Republic, and poured scores of billions in aid into this region was left undefended by its own leaders at the Summit of the Americas.”
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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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Anybody who thinks that torture is a simple problem in moral philosophy hasn't thought about it at any length
"Soon, you will know." That is the ominous statement an uncooperative Khalid Sheikh Mohammed (KSM), mastermind of the Sept. 11, 2001, terrorist attacks, told his Central Intelligence Agency interrogators when they initially asked him, after he had been captured, about additional planned al-Qaida attacks on the United States. In March 2003, KSM became the third and final terrorist ever waterboarded by the CIA. The other two were Abu Zubaydah and Rahim Al-Nashiri.
So few were waterboarded because the CIA was so strict in the criteria for deciding when the technique could be used.... Before they were waterboarded, both KSM and Abu Zubaydah did not believe Americans had the will to stop al-Qaida, the 2005 Justice Department memo says, citing information from the CIA. "Both KSM and Zubaydah had 'expressed their belief that the general U.S. population was 'weak,' lacked resilience and would be unable to 'do what was necessary' to prevent the terrorists from succeeding in their goals,'" said the memo. "Indeed, before the CIA used enhanced techniques in its interrogation of KSM, KSM resisted giving any answers to questions about future attacks, simply noting, 'Soon, you will know.'"
After he was waterboarded, KSM provided the CIA with information that allowed the U.S. government to close down a terror cell already "tasked" with flying a jet into a building in Los Angeles. "You have informed us that the interrogation of KSM -- once enhanced techniques were employed -- led to the discovery of a KSM plot, the 'Second Wave,' 'to use East Asian operatives to crash a hijacked airliner into' a building in Los Angeles," says the memo, referring to information CIA provided to Justice. "You have informed us that information obtained from KSM also led to the capture of Riduan bin Isomuddin, better known as Hambali, and the discovery of the Guraba Cell, a 17-member Jemaah Islamiyah cell tasked with executing the 'Second Wave,'" said the memo.
"More specifically, we understand that KSM admitted that he had (redaction) large sum of money to an al-Qaida associate (redaction) ... . Khan subsequently identified the associate (Zubair), who was then captured," said the memo. "Zubair, in turn, provided information that led to the arrest of Hambali. The information acquired from these captures allowed CIA interrogators to pose more specific questions to KSM, which led the CIA (to) Hambali's brother, al-Hadi. Using information obtained from multiple sources, al-Hadi was captured, and he subsequently identified the Garuba cell. With the aid of this additional information, interrogations of Hambali confirmed much of what was learned from KSM."
More HERE
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Spengler comes out
There has been much speculation about the identity of the insightful "Spengler". It had always seemed to me that he was an elderly German Jew. It turns out that I was nearly right. He is a not so elderly Jewish Germanist. See below. It is a small surprise that he is a RELIGIOUS Jew, though. He seemed too cynical for that. But that does undoubtedly underpin his basic premise: That only Israel will survive the cultural decay that seems to be besetting most nations. Given that Leftist insanity is at least as prevalent in Israel as it is anywhere, I wish I could be as optimistic
During the too-brief run of the Asia Times print edition in the 1990s, the newspaper asked me to write a humor column, and I chose the name "Spengler" as a joke - a columnist for an Asian daily using the name of the author of The Decline of the West.
Barely a dozen "Spengler" items appeared before the print edition went down in the 1997 Asian financial crisis. A malicious thought crossed my mind in 1999, though, as the Internet euphoria engulfed world markets: was it really possible for a medium whose premise was the rise of a homogeneous global youth culture to drive world economic growth? Youth culture, I argued, was an oxymoron, for culture itself was a bridge across generations, a means of cheating mortality. The old and angry cultures of the world, fighting for room to breath against the onset of globalization, would not go quietly into the homogenizer. Many of them would fight to survive, but fight in vain, for the tide of modernity could not be rolled back.
As in the great extinction of the tribes in late antiquity, individuals might save themselves from the incurable necrosis of their own ethnicity through adoption into the eternal people, that is, Israel. The great German-Jewish theologian and student of the existential angst of dying nations, Franz Rosenzweig, had commanded undivided attention during the 1990s, and I had a pair of essays about him for the Jewish-Christian Relations website. Rosenzweig's theology, it occurred to me, had broader applications.
The end of the old ethnicities, I believed, would dominate the cultural and strategic agenda of the next several decades. Great countries were failing of their will to live, and it was easy to imagine a world in which Japanese, German, Italian and Russian would turn into dying languages only a century hence. Modernity taxed the Muslim world even more severely, although the results sometimes were less obvious.
The 300 or so essays that I have published in this space since 1999 all proceeded from the theme formulated by Rosenzweig: the mortality of nations and its causes, Western secularism, Asian anomie, and unadaptable Islam.
Why raise these issues under a pseudonym? There is a simple answer, and a less simple one. To inform a culture that it is going to die does not necessarily win friends, and what I needed to say would be hurtful to many readers. I needed to tell the Europeans that their post-national, secular dystopia was a death-trap whence no-one would get out alive.
I needed to tell the Muslims that nothing would alleviate the unbearable sense of humiliation and loss that globalization inflicted on a civilization that once had pretensions to world dominance. I needed to tell Asians that materialism leads only to despair. And I needed to tell the Americans that their smugness would be their undoing.
In this world of accelerated mortality, in which the prospect of national extinction hung visibly over most of the peoples of the world, Jew-hatred was stripped of its mask, and revealed as the jealousy of the merely undead toward living Israel. And it was not hard to show that the remnants of the tribal world lurking under the cover of Islam were not living, but only undead, incapable of withstanding the onslaught of modernity, throwing a tantrum against their inevitable end.
I have been an equal-opportunity offender, with no natural constituency. My academic training, strewn over two doctoral programs, was in music theory and German, as well as economics. I have have published a number of peer-reviewed papers on philosophy, music and mathematics in the Renaissance. But I came to believe that there are things even more important than the high art of the West and its most characteristic endeavor, classical music, the passion and consolation of my youth. Western classical music expresses goal-oriented motion, a teleology, as it were - but where did humankind learn of teleology? I no longer quite belonged with my friends and colleagues, the artists.
G K Chesterton said that if you don't believe in God, you'll believe in anything, and I was living proof of that as a young man, wandering in the fever-swamps of left-wing politics. I found my way thanks to the first Ronald Reagan administration. The righting of America after it nearly capsized during the dark years of Jimmy Carter was a defining experience for me. I owe much to several mentors, starting with Dr Norman A. Bailey, special assistant to President Reagan and director of plans at the National Security Council from 1981-1984. My political education began in his lair at the old Executive Office Building in 1981, when he explained to me that the US would destroy the Soviet Empire by the end of the 1980s. I thought him a dangerous lunatic, and immediately signed on.
I worked for Bailey's consulting firm after he left government, simultaneously pursuing a doctorate (never quite finished) in music theory. I owe most of all to the music theorists in the school of Heinrich Schenker with whom I studied in the doctoral program at City University.
Another mentor was Professor Robert Mundell, the creator of supply-side economics, among his other contributions. As an economist for the supply-side consulting firm Polyconomics in the late 1980s and early 1990s, I had dozens of conversations with Mundell, who won the Nobel Prize in 1999. I can't claim to be a Mundell student, but he graciously allowed me to acknowledge his help in a 1994 article I published in Journal of Applied Corporate Finance. What I gleaned from Mundell allowed me to begin a successful career on Wall Street at an age when most of its denizens already are over the hill.
By the late 1990s, I no longer believed that solving problems of economic stability and growth was sufficient to resolve problems that manifested themselves in economic form. Working in the inside of the financial world, ultimately as a member of the executive committee for fixed income of America's largest bank, I saw how easy it was to prejudice the efficiency of markets and to introduce distortions that eventually would have awful consequences.
I no longer quite belonged with my old friends the economists. I had left economics for music, and left music for finance, eventually working in senior research positions at Bear Stearns, Credit Suisse and Bank of America. At Bank of America, I created from scratch a highly rated fixed income research department between 2002 to 2005, with 120 professionals and mid-nine-figure compensation budget. By 2005, it was no longer clear how the financial industry would play a helpful role in fostering prosperity, and philosophical differences prompted me to take my leave.
Exile among the fleshpots of Wall Street had its benefits, but I had other ambitions. My commitment to Judaism came relatively late in life, in my mid-thirties, but was all the more passionate for its tardiness. The things I had been raised to love were disappearing from the world, or changing beyond recognition. The language of Goethe and Heine would die out, along with the languages of Dante and Pushkin.
Europe's high culture and its capacity to train universal minds had deteriorated beyond repair; one of the last truly universal European minds belongs to the octogenarian Pope Benedict XVI. In 1996, the then Cardinal Joseph Ratzinger had said in an interview published as Das Salz der Erde, "Perhaps we have to abandon the idea of the popular Church. Possibly, we stand before a new epoch of Church history with quite different conditions, in which Christianity will stand under the sign of the mustard seed, in small and apparently insignificant groups, which nonetheless oppose evil intensively and bring the Good into the world." The best mind in the Catholic Church squarely considered the possibility that Christianity itself might shrink into seeming insignificance.
Renewal could not come from music, nor literature, nor the social sciences. The wells of culture had run dry, because they derived from faith to begin with. I was raised in the Enlightenment pseudo-religion of art and beauty. Initially I looked at faith instrumentally, as a means of regenerating the high culture of the West. Art doesn't exist for art's sake.
The high culture of the West had its own Achilles' heel. Even its greatest cultivators often suffered from the sin of pride, and worshiped their own powers rather than the source of their powers. Painfully and slowly, I began to learn the classic Jewish sources. My guide back to Judaism was the great German-Jewish theologian Franz Rosenzweig, and my first essay on these subjects was published by the Jewish-Christian Relations website in 1999 under the title, "Has Franz Rosenzweig's Time Come?"
The intersection point in the Venn diagram of my background had shrunk to the point of vanishing. As a returning religious Jew, I had less and less to discuss with the secular Zionists who shared my passion and partisanship for Israel, but could not see a divine dimension in Jewish nationhood. So-called cultural Judaism repelled me; most of what passes for Jewish culture comes down to the mud that stuck to our boots as we fled one country after another. The Hebrew Bible and its commentaries over the centuries are the core of Jewish culture, with a handful of odd adjuncts, such as the novels of S Y Agnon or the last, devotional poems of Heine.
Both as classical musician and as a Germanist, I had better insight than most Jews into the lofty character of Joseph Cardinal Ratzinger, now Benedict XVI. His writings on the spiritual riches of Western classical music were an inspiration to me almost thirty years ago, when it seemed possible that this most sublime of Western arts would die out for lack of interest. Ratzinger was kind enough to review and comment on the draft of one of my articles on music theory in the 1980s. There is a connection between Ratzinger's insider's grasp of music and his Fingerspitzengefuhl for Jewish theology - something I tried to express in an essay entitled "The Pope, the Musicians and the Jews."
I was in, but not of, the world of rabbinical Judaism, of classical music, of cultural history, of conservative economics, of practical finance - I belonged everywhere and nowhere. I could address each of these spheres only ironically and aphoristically, in a voice that only could be anonymous - for anonymity allowed me to be in but not of all of them. As First Things editor Joseph Bottum observed to me, "Spengler's" voice freed my style. Why not openly identify myself? Because my readers then would have jammed my thinking into the Procrustean bed of their prejudice.
In 2000, there was nothing to do but to cast my thoughts upon the waters. When the first of these essays appeared I had no expectation that they might interest a wide public. To my astonishment, they were read, and read extensively. Then came 9/11, and my tale of the existential angst of nations was borne up by the Zeitgeist. The Spengler forum at Asia Times Online grew to nearly five thousand registered members. The essays often reached a million readers a month.
As I wrote pseudonymously for Asia Times Online, new friends announced themselves - journalists, academics, clergy, and people of faith from many walks of life, not least the indefatigable group of good friends that manages the Spengler Forum. The editors of First Things asked me for an essay on Franz Rosenzweig and Islam, which I published in 2007, and later a piece entitled "Zionism for Christians", which appeared in 2008 under the pseudonym "David Shushon". That was a milestone for me.
I had subscribed to the journal not long after its inception in 1990, the year I finished my PhD coursework in music. To write for First Things was an unanticipated honor. I came to know the magazine's editor Joseph Bottum, as well as such regular contributors as George Weigel, Russell Hittinger and R R Reno. On January 8, 2009, the magazine's founder Richard John Neuhaus died. A few weeks later Jody Bottum asked me to join the staff of First Things as an editor and writer. It seems only heartbeats ago that I was in dark seas, looking up at this beacon; now it is my turn to help keep the lighthouse.
As for Asia Times Online - this scrappy, virtual expat bar - I was there at the founding, and will contribute to it as long it continues to upload, if somewhat less frequently than before.
"Spengler" is channeled by David P. Goldman, associate editor of First Things (www.firstthings.com).
SOURCE
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ELSEWHERE
Domestic Terrorist Added to FBI Most-Wanted Terrorists List is NOT a Veteran! "In what must be a huge surprise to Homeland Security Secretary Janet Napolitano, the first domestic terrorist named to the FBI’s list of Most-Wanted Terrorists appears to have no military experience. In other words, he’s not what Napolitano would describe as a “right-wing extremist” who needs to be watched by law enforcement. The FBI added Daniel Andreas San Diego, a 31-year-old American animal rights activist, to its list of Most-Wanted Terrorists this morning."
Why do "progressives" love trains?: “AMTRAK lives on subsidies; always has, always will. Americans have limited demand for passenger-train services. Nearly everyone prefers to use a personal automobile, for all sorts of good reasons, including privacy, flexibility, and convenience. None of this is news. Transportation economists have been documenting it in study after study for decades. Yet the leftists of this country at some point — I’m not sure exactly when it happened — fell head over heels in ideological love with trains. I lived for many years in the Seattle area, where traditional religion does not rank very high with the bulk of the population, but devotion to ‘light rail’ serves as a perfect substitute for belief in a higher power.”
Hooray! "The New York Times Co. reported a quarterly net loss of $US74.5 million ($104 million) overnight, a day after its flagship newspaper scooped up five Pulitzer prizes, the highest awards in US journalism. Times Co. shares plunged 15.56 per cent to $US4.94 on Wall Street as the company, which also owns The Boston Globe, International Herald Tribune and other papers, reported a drop in advertising revenue of nearly 30 per cent. Revenue for the Times Co. declined 18.6 per cent to $US609 million in the first quarter from $US747.9 million in the same quarter last year. The Times Co., which posted a net loss of $US335,000 in the first quarter of 2008, said advertising revenue at its publishing segment dropped 28.4 per cent in the first three months of 2009, including an 8 per cent decline in online advertising revenue at its News Media Group. The New England Media Group, which includes the Boston Globe and Boston.com, saw a 31.4 per cent decline in advertising revenue."
US Supreme Court limits police search powers during arrests: “A divided U.S. Supreme Court limited police powers, ruling that officers violated the Constitution when they searched the car of an Arizona man who had already been handcuffed and put in a patrol car. Voting 5-4, the justices today overturned Rodney Gant’s three-year prison sentence for possessing the cocaine officers found in his car. The majority said police needed a warrant because Gant had already parked the car and walked away from it when police arrested him for driving with a suspended license. Writing for the majority, Justice John Paul Stevens said the search didn’t fall within an exception to the warrant requirement the court has carved out for searches that take place at the time of arrest. Stevens said that exception existed to ensure an arrested person didn’t grab a weapon or destroy evidence.”
Clueless Obama: “If President Obama doesn’t understand why the economy tanked, he surely won’t know what recovery requires. And if he doesn’t know that, he’s surely part of the problem, not the solution. In his speech on the economy at Georgetown University this week, Obama again showed that he hasn’t a clue what caused the economic calamity. He spent a few paragraphs of his speech ‘explaining’ to the students what happened — but he got it wrong. Had this been a class, he should have gotten an F.”
The apologists: “For 50 minutes, Obama sat mute, as a Marxist thug from Nicaragua delivered his diatribe, charging America with a century of terrorist aggression in Central America. After Daniel Ortega finished spitting in our face, accusing us of inhumanity toward Fidel Castro’s Cuba, Obama was asked his thoughts. ‘I thought it was 50 minutes long. That’s what I thought.’ Hillary Clinton was asked to comment: ‘I thought the cultural performance was fascinating,’ she cooed. … Thus the nation that won the Cold War, contained the cancer of Castroism in Cuba, liberated Grenada, blocked communist takeovers of Guatemala and the Dominican Republic, and poured scores of billions in aid into this region was left undefended by its own leaders at the Summit of the Americas.”
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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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Wednesday, April 22, 2009
Obama and Friedman
I think Obama is dumb, an emptyhead who knows nothing. And I think he sometimes half-realizes that himself. Because of his profound ignorance, it seems that Obama has heeded his advisers on what to do about the economic crisis, and, whatever one thinks of them, they are NOT dumb. And what they are doing through Obama is not as silly as most conservative commentators make out. Conservative commentators routinely brand the Obama policies as "Keynesian", which they undoubtedly are. But they fail to look at the alternative. And Milton Friedman's analysis is of course the alternative.
Keynes correctly identified the major problem of the Great Depression as being a demand deficit. He thought that deficit could be made up by a large program of government spending on public works. Friedman, however, looked deeper and asked WHY there was a demand deficit. And the answer to that was almost childishly simple -- far too simple for intellectuals. Friedman pointed out that the rash of bank failures created by the incompetent Federal Reserve system of the day after the 1929 crash was the culprit. As banks failed, the savings invested in them vanished. People lost their money and they could not spend money they did not have. THAT was the reason for the demand deficit.
So both Keynes and Friedman agree that spending power has to be restored. Friedman was certainly very emphatic about the importance of a stable money suppy. From Friedman's analysis, the obvious priority is to protect people's savings -- and the FDIC was set up to do just that. And the FDIC has indeed had some role recently. But, however we do it, in the end we have this time not made the mistake of the Great Depression. Spending power is being restored even if it is being done in a very slow and sub-optimal way. So I expect that there will be substantial recovery by the 2010 mid-terms -- which is a very mixed blessing from my point of view.
How about that! I am venturing a prophecy. Since 99% of all prophecies are wrong, I am offering a stringent test of my understanding indeed.
The very best way of restoring liquidity to the economy would probably have been to cancel all company tax for one year. That would certainly have done more to preserve and create jobs than handing out trillions to the prestidigitators of Wall St.
**************
Federal Lawsuit Filed Over DHS ‘Rightwing Extremist’ Report
The Thomas More Law Center, a national public interest law firm based in Ann Arbor, Michigan, announced last week that it filed a federal lawsuit against Homeland Security Secretary Janet Napolitano. The lawsuit claims that her Department’s “Rightwing Extremism Policy, ” as reflected in the recently publicized Intelligence Assessment, “Rightwing Extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment, ” violates the civil liberties of combat veterans as well as American citizens by targeting them for disfavored treatment on account of their political beliefs. Click here to read the complaint filed by the Thomas More Law Center.
Napolitano tried to blunt the public furor over the Report by a half-hearted apology to veterans, but she left out of her apology all of the other Americans her Department has targeted because of their political beliefs. In fact, officials in DHS now admit that their internal office of civil liberties objected to the language in the extremism report, but the Department issued it anyway.
Janet Napolitano is lying to the American people when she says the Report is not based on ideology or political beliefs. In fact, her report would have the admiration of the Gestapo and any current or past dictator in the way it targets political opponents. This incompetently written intelligence assessment, which directs law enforcement officials across the country to target and report on American citizens who have the political beliefs mentioned in the report, will be used as a tool to stifle political opposition and opinions. It will give a pretext for opponents of those Americans to report them to police as rightwing extremists and terrorists. You can imagine what happens then.
More HERE
*********************
Vive la France!
In what may mark the first ever occurrence of its kind, France is right. Additionally, its leader is refusing to surrender. And that's no joke.
At a recent lunch with members of the French parliament, President Nicolas Sarkozy dove headfirst into one of the three forbidden table conversation topics: politics. Although the menu options are unclear, the French President made kabobs of his fellow world leaders by skewering them through and through.
Angela Merkel, he said, was confused at the G-20 summit. He likewise charged that José Luis RodrÃguez Zapatero of Spain is not “very clever” and Italy's Silvio Berlusconi is a power-hungry narcissist.
Some of his harshest words, however, were reserved for Barack Obama. Referring to him as “weak and inexperienced”, President Sarkozy said that his American counterpart:
“has a subtle mind…was elected two months ago and never ran a ministry in his life. He doesn't have a position on a number of things…[Mr. Obama] is not always operating at a level of decision-making and efficiency.”
Wait a second. Was that criticism? Of Barack Obama? Couldn't be! If you're an establishment member of the mainstream media, now would be a good time to shout “stop the presses!”—that is, of course, if the presses weren't already going out of business thanks in part to their utter abandonment of unbiased, journalistic accountability.
Granted, somewhat thorny relations between the American and French heads-of-state have been a recurring trend over the years. But this is entirely different. Mr. Obama is, of course, the self-proclaimed “citizen of the world,” a transcendental leader who's come to put America back in the good faith of its neighbors. Unfortunately for him (and fortunately for freedom-loving societies worldwide), that doesn't seem to be the case anymore.
More HERE
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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)
****************************
I think Obama is dumb, an emptyhead who knows nothing. And I think he sometimes half-realizes that himself. Because of his profound ignorance, it seems that Obama has heeded his advisers on what to do about the economic crisis, and, whatever one thinks of them, they are NOT dumb. And what they are doing through Obama is not as silly as most conservative commentators make out. Conservative commentators routinely brand the Obama policies as "Keynesian", which they undoubtedly are. But they fail to look at the alternative. And Milton Friedman's analysis is of course the alternative.
Keynes correctly identified the major problem of the Great Depression as being a demand deficit. He thought that deficit could be made up by a large program of government spending on public works. Friedman, however, looked deeper and asked WHY there was a demand deficit. And the answer to that was almost childishly simple -- far too simple for intellectuals. Friedman pointed out that the rash of bank failures created by the incompetent Federal Reserve system of the day after the 1929 crash was the culprit. As banks failed, the savings invested in them vanished. People lost their money and they could not spend money they did not have. THAT was the reason for the demand deficit.
So both Keynes and Friedman agree that spending power has to be restored. Friedman was certainly very emphatic about the importance of a stable money suppy. From Friedman's analysis, the obvious priority is to protect people's savings -- and the FDIC was set up to do just that. And the FDIC has indeed had some role recently. But, however we do it, in the end we have this time not made the mistake of the Great Depression. Spending power is being restored even if it is being done in a very slow and sub-optimal way. So I expect that there will be substantial recovery by the 2010 mid-terms -- which is a very mixed blessing from my point of view.
How about that! I am venturing a prophecy. Since 99% of all prophecies are wrong, I am offering a stringent test of my understanding indeed.
The very best way of restoring liquidity to the economy would probably have been to cancel all company tax for one year. That would certainly have done more to preserve and create jobs than handing out trillions to the prestidigitators of Wall St.
**************
Federal Lawsuit Filed Over DHS ‘Rightwing Extremist’ Report
The Thomas More Law Center, a national public interest law firm based in Ann Arbor, Michigan, announced last week that it filed a federal lawsuit against Homeland Security Secretary Janet Napolitano. The lawsuit claims that her Department’s “Rightwing Extremism Policy, ” as reflected in the recently publicized Intelligence Assessment, “Rightwing Extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment, ” violates the civil liberties of combat veterans as well as American citizens by targeting them for disfavored treatment on account of their political beliefs. Click here to read the complaint filed by the Thomas More Law Center.
Napolitano tried to blunt the public furor over the Report by a half-hearted apology to veterans, but she left out of her apology all of the other Americans her Department has targeted because of their political beliefs. In fact, officials in DHS now admit that their internal office of civil liberties objected to the language in the extremism report, but the Department issued it anyway.
Janet Napolitano is lying to the American people when she says the Report is not based on ideology or political beliefs. In fact, her report would have the admiration of the Gestapo and any current or past dictator in the way it targets political opponents. This incompetently written intelligence assessment, which directs law enforcement officials across the country to target and report on American citizens who have the political beliefs mentioned in the report, will be used as a tool to stifle political opposition and opinions. It will give a pretext for opponents of those Americans to report them to police as rightwing extremists and terrorists. You can imagine what happens then.
More HERE
*********************
Vive la France!
In what may mark the first ever occurrence of its kind, France is right. Additionally, its leader is refusing to surrender. And that's no joke.
At a recent lunch with members of the French parliament, President Nicolas Sarkozy dove headfirst into one of the three forbidden table conversation topics: politics. Although the menu options are unclear, the French President made kabobs of his fellow world leaders by skewering them through and through.
Angela Merkel, he said, was confused at the G-20 summit. He likewise charged that José Luis RodrÃguez Zapatero of Spain is not “very clever” and Italy's Silvio Berlusconi is a power-hungry narcissist.
Some of his harshest words, however, were reserved for Barack Obama. Referring to him as “weak and inexperienced”, President Sarkozy said that his American counterpart:
“has a subtle mind…was elected two months ago and never ran a ministry in his life. He doesn't have a position on a number of things…[Mr. Obama] is not always operating at a level of decision-making and efficiency.”
Wait a second. Was that criticism? Of Barack Obama? Couldn't be! If you're an establishment member of the mainstream media, now would be a good time to shout “stop the presses!”—that is, of course, if the presses weren't already going out of business thanks in part to their utter abandonment of unbiased, journalistic accountability.
Granted, somewhat thorny relations between the American and French heads-of-state have been a recurring trend over the years. But this is entirely different. Mr. Obama is, of course, the self-proclaimed “citizen of the world,” a transcendental leader who's come to put America back in the good faith of its neighbors. Unfortunately for him (and fortunately for freedom-loving societies worldwide), that doesn't seem to be the case anymore.
More HERE
For more postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
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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