Possible Hiatus

I go in for yet more dermatological surgery later today. Such is the high quality of private medical services in Australia that I will be away from home for only about an hour but I do tend to get a bit depressed for a short while after such events so posting thereafter may be light for a day or two.

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How Government Prolonged the Great Depression

Policies that decreased competition in product and labor markets were especially destructive

The goal of the New Deal was to get Americans back to work. But the New Deal didn't restore employment. In fact, there was even less work on average during the New Deal than before FDR took office. Total hours worked per adult, including government employees, were 18% below their 1929 level between 1930-32, but were 23% lower on average during the New Deal (1933-39). Private hours worked were even lower after FDR took office, averaging 27% below their 1929 level, compared to 18% lower between in 1930-32.

Even comparing hours worked at the end of 1930s to those at the beginning of FDR's presidency doesn't paint a picture of recovery. Total hours worked per adult in 1939 remained about 21% below their 1929 level, compared to a decline of 27% in 1933. And it wasn't just work that remained scarce during the New Deal. Per capita consumption did not recover at all, remaining 25% below its trend level throughout the New Deal, and per-capita nonresidential investment averaged about 60% below trend. The Great Depression clearly continued long after FDR took office.

Why wasn't the Depression followed by a vigorous recovery, like every other cycle? It should have been. The economic fundamentals that drive all expansions were very favorable during the New Deal. Productivity grew very rapidly after 1933, the price level was stable, real interest rates were low, and liquidity was plentiful. We have calculated on the basis of just productivity growth that employment and investment should have been back to normal levels by 1936. Similarly, Nobel Laureate Robert Lucas and Leonard Rapping calculated on the basis of just expansionary Federal Reserve policy that the economy should have been back to normal by 1935.

So what stopped a blockbuster recovery from ever starting? The New Deal. Some New Deal policies certainly benefited the economy by establishing a basic social safety net through Social Security and unemployment benefits, and by stabilizing the financial system through deposit insurance and the Securities Exchange Commission. But others violated the most basic economic principles by suppressing competition, and setting prices and wages in many sectors well above their normal levels. All told, these antimarket policies choked off powerful recovery forces that would have plausibly returned the economy back to trend by the mid-1930s

The most damaging policies were those at the heart of the recovery plan, including The National Industrial Recovery Act (NIRA), which tossed aside the nation's antitrust acts and permitted industries to collusively raise prices provided that they shared their newfound monopoly rents with workers by substantially raising wages well above underlying productivity growth. The NIRA covered over 500 industries, ranging from autos and steel, to ladies hosiery and poultry production. Each industry created a code of "fair competition" which spelled out what producers could and could not do, and which were designed to eliminate "excessive competition" that FDR believed to be the source of the Depression.

These codes distorted the economy by artificially raising wages and prices, restricting output, and reducing productive capacity by placing quotas on industry investment in new plants and equipment. Following government approval of each industry code, industry prices and wages increased substantially, while prices and wages in sectors that weren't covered by the NIRA, such as agriculture, did not. We have calculated that manufacturing wages were as much as 25% above the level that would have prevailed without the New Deal. And while the artificially high wages created by the NIRA benefited the few that were fortunate to have a job in those industries, they significantly depressed production and employment, as the growth in wage costs far exceeded productivity growth.

These policies continued even after the NIRA was declared unconstitutional in 1935. There was no antitrust activity after the NIRA, despite overwhelming FTC evidence of price-fixing and production limits in many industries, and the National Labor Relations Act of 1935 gave unions substantial collective-bargaining power. While not permitted under federal law, the sit-down strike, in which workers were occupied factories and shut down production, was tolerated by governors in a number of states and was used with great success against major employers, including General Motors in 1937.

The downturn of 1937-38 was preceded by large wage hikes that pushed wages well above their NIRA levels, following the Supreme Court's 1937 decision that upheld the constitutionality of the National Labor Relations Act. These wage hikes led to further job loss, particularly in manufacturing. The "recession in a depression" thus was not the result of a reversal of New Deal policies, as argued by some, but rather a deepening of New Deal polices that raised wages even further above their competitive levels, and which further prevented the normal forces of supply and demand from restoring full employment. Our research indicates that New Deal labor and industrial policies prolonged the Depression by seven years.

By the late 1930s, New Deal policies did begin to reverse, which coincided with the beginning of the recovery. In a 1938 speech, FDR acknowledged that the American economy had become a "concealed cartel system like Europe," which led the Justice Department to reinitiate antitrust prosecution. And union bargaining power was significantly reduced, first by the Supreme Court's ruling that the sit-down strike was illegal, and further reduced during World War II by the National War Labor Board (NWLB), in which large union wage settlements were limited by the NWLB to cost-of-living increases. The wartime economic boom reflected not only the enormous resource drain of military spending, but also the erosion of New Deal labor and industrial policies.

By 1947, through a combination of NWLB wage restrictions and rapid productivity growth, we have calculated that the large gap between manufacturing wages and productivity that emerged during the New Deal had nearly been eliminated. And since that time, wages have never approached the severely distorted levels that prevailed under the New Deal, nor has the country suffered from such abysmally low employment.

The main lesson we have learned from the New Deal is that wholesale government intervention can -- and does -- deliver the most unintended of consequences. This was true in the 1930s, when artificially high wages and prices kept us depressed for more than a decade, it was true in the 1970s when price controls were used to combat inflation but just produced shortages. It is true today, when poorly designed regulation produced a banking system that took on too much risk.

President Barack Obama and Congress have a great opportunity to produce reforms that do return Americans to work, and that provide a foundation for sustained long-run economic growth and the opportunity for all Americans to succeed. These reforms should include very specific plans that update banking regulations and address a manufacturing sector in which several large industries -- including autos and steel -- are no longer internationally competitive.

Tax reform that broadens rather than narrows the tax base and that increases incentives to work, save and invest is also needed. We must also confront an educational system that fails many of its constituents. A large fiscal stimulus plan that doesn't directly address the specific impediments that our economy faces is unlikely to achieve either the country's short-term or long-term goals.

Source

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ELSEWHERE

Don't Push Banks to Make Bad Loans: "There is a widespread belief that banks are now refusing to lend as much as they should, and that Congress should pressure them to extend more credit to consumers and businesses. In reality, banks as a whole increased their lending during 2008 -- the notion they haven't is based on a misunderstanding of U.S. credit markets. Pressuring banks to lend more could backfire. As far as commercial banks go, Federal Reserve data released last week show that their lending increased 2.36% during the last quarter of 2008. For all of 2008, commercial-bank lending rose by $386 billion, or 5.63%, even as the economy slid into recession. Over that 12-month period, business lending jumped $152 billion, or 10.6%, real-estate loans were up $213 billion, or 5.9%, and consumer lending rose $73.5 billion, or 9%. Other categories of bank lending such as loans to farmers, broker-dealers and governments, declined $53.2 billion, or 5.4%. Fed data also show that during the first three quarters of 2008, the total amount of credit supplied to the economy increased $1.91 trillion, or 3.8%, with $540 billion of that amount coming from foreign lenders".

Stimulus: The power of names: "A well chosen name wins an argument by assuming its conclusion. Label cash subsidies to foreign government as `foreign aid' and who can be so hard hearted as to oppose them. Call subsidies to the public schools `aid to education' and you neatly skip over the question of whether additional spending in the public school system results in more education. Label something `pollution' and is no longer necessary to offer evidence that it is bad, since everyone knows pollution is bad - even thermal pollution, otherwise described as warm water. Occasionally we even get dueling names. Both `right to life' and `pro-choice' are obviously good things; how could anyone be against either? For a more recent example, consider Obama's economic policy. Everyone - including Obama, back when he was running for President - is against deficit spending. Relabel it 'stimulus' and everyone is for it."

Quarterly Exxon Obscene Profit Reality Check : "Yes...Exxon made a profit of $45 billion. Feign shock/disgust/outrage at the "obscene" profits if you want. But know this...your rage is aimed in the wrong direction. While Exxon was earning a $45 billion profit out of $477 billion of revenue...governments around the world were squeezing a profit of $116 billion out of that same revenue. Yes, that is right. According to the numbers, Exxon paid $116 billion is total taxes in 2008. That is a profit 2.5x the one that Exxon is supposedly guilty of earning. So if you think we need a 'Windfall Profit Tax" when it comes to oil profits, perhaps we should levy it on government, because no one made a bigger windfall than them....."

Australian terrorist leader gets 15 years: "The leader of a Melbourne-based terrorist cell has been sentenced to 15 years' jail. Abdul Nacer Benbrika, 48, of Dallas, was sentenced to a non-parole period of 12 years. He has already been in custody for 1184 days. Justice Bernard Bongiorno in the Supreme Court said a terrorist organisation led by Benbrika had been dedicated to the destruction of non-believers but the group had not planned specific attacks despite the evidence of a key prosecution witness. Benbrika became the first Australian to be convicted of leading a terrorist group last September, following the country's biggest terrorism trial that lasted seven months and cost tens of millions of dollars. The father-of-seven faced a maximum 25 years' prison for directing the terrorist group that the jury heard had discussed attacking Melbourne's Crown Casino and bombing the MCG. Benbrika was also convicted of possessing a compact disc connected to the preparation of a terrorist act... Benbrika used warped teachings of Islam to recruit his young followers and encourage them to wage violent jihad against "non-believers" in Australia. Justice Bongiorno said that, although the word jihad had many meanings in Islam, Benbrika used the term only to mean a violent attack by his group to advance the Islamic cause. He said Benbrika had admired Osama bin Laden and believed that killing people and destroying buildings was justified as it would help pressure the Australian Government into withdrawing troops from Iraq and leaving the American alliance. The court heard Benbrika had told one of his followers, Abdullah Merhi, not just to kill a few people but to "do a big thing"."

Attacks on Jews in Venezuela: "In the past, as today, several Venezuelan governments have expressed their solidarity with the Palestinian cause or the Palestinian people. However, since the events in Gaza that began on December 27 2008, the present government of Venezuela has adopted an aggressive and dangerous tone never previously heard, clearly inciting against the Jewish Community. The Government's supporters nationwide picked up on the Government's lead with clearly anti-Semitic expressions - with no effort whatsoever by Government to stop them. The expulsion of the Israeli Ambassador followed, and subsequently, a final breaking off of diplomatic relations. Furthermore, there is a well-orchestrated campaign on TV, radio, print and Internet media owned by the government, openly questioning Israel's right to exist, even including publication of such anti-Semitic materials as The Protocols of the Elders of Zion. A group of pro-government journalists is urging the population to boycott businesses owned by Jews in Venezuela."

The New England Cottontail Rabbit : "Most of the impacts on private property from the federal Endangered Species Act have occurred in the south and the west. This story notes that the New England cottontail rabbit isn't on the ESA's list of threatened or endangered species yet, largely due to workload issues at the U.S. Fish and Wildlife Service. Typically environmental activists sue to force such species on to the list, but not apparently not in this case. New England liberals have a much easier time supporting the draconian species laws when those laws don't have any impact on their own backyards. If and when the rabbit jumps onto the list and land use suddenly becomes a swirl of delays and expensive planning, lawsuits and devalued land, it will be interesting to see how the Congressmen from up north view the ESA then."

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

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

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The Asian influence in Australia

I originally wrote the post below for my personal blog but I think it has enough general interest to post here too. On some estimates, the population of Australia is now about 10% East Asian

As a conservative, I treat people primarily as individuals, regardless of any group to which they may or may not belong. I leave obsession with race and class to Leftists. From Marx up until shortly after the Hitlerian catastrophe, Leftists were very pro-racist. Now they are very anti-racist but the obsession with race remains. They seem unable to treat people as individuals and can only talk about people in terms of broad and very oversimplified categories.

But as well as being a conservative I am also a sociologist. An Australian government (NSW) paid me a lot of money over a 12 year period to teach it. And as they are nearly all Leftists, what is the chief interest of sociologists? Race and class! So I still mull those topics over in my head quite a lot -- with always in mind the one piece of wisdom I remember from my mother's incessant chatter: "There's good and bad in the lot".

I am, for instance, very pro-Indian; I think that Indians tend to have admirable characteristics. And being the forthright sort of person I am, I put my money where my mouth is and have mostly Indian sharers living with me in my large house. Usually, I even fly the flag of the Republic of India from the flagpole at the front of my house and have been known to greet Indians living here with Jai Hind ("Long live Hindustan")! And that orientation serves me well in that I am very satisfied with the people that I have living with me. But I have also kicked two Indians out. Even though I think Indians are mostly fine people there are some pesky ones too and I have no trouble treating them accordingly. There is good and bad in Indians too.

So on to my thoughts about East Asians and the Han Chinese in particular. I never cease to be amazed at how well Australians of Asian and British ancestry get on together in Australia. One sees Anglo/Asian couples around the place all the time: Older Australian men with Filipinas and younger Anglo-Australian men with Chinese ladies.

And I myself am quite Sinophilic as well as Indophilic. It is in a way fortunate that I am as I have two old friends who now live in China with Chinese wives. And another old friend has a Japanese lady in his life. I myself however have never got involved with East Asian women, though I did once have an Indian girlfriend. My son however has a girlfriend with Han ancestry and has Chinese friends as well. There are all sorts of background differences and some genetic differences between Anglo-Australians and Chinese but at the individual level there is also often a great appreciation of one another. One can only applaud that. And my conclusion is that the differences between East Asians and Anglo-Celts are complementary: Each has strengths where the other has weaknesses and vice versa. But I might tread on toes all round if I went further into that thought.

The present revival of this theme in my thinking was provoked by a visit from China by one of my old friends, Croucher. He arrived in Brisbane yesterday with his Chinese wife and his two very impressive Eurasian sons. So we all went to dinner together with the Henninghams. Henningham, Croucher and I have a friendship that goes back many years. We always refer to one another by surname only, indicating a sort of jolly friendship, I suppose.

Perhaps in need of a change off Chinese food, Croucher wanted some Middle-Eastern food. So we went to a Turkish restaurant near where I live. Parking around there there is either very difficult or very expensive so I crammed us all into my 1963 Humber Super Snipe and delivered everybody to the door of the restaurant in that. The Humber has bench seats front and back so can transport more people than many modern cars.

I was feeling a bit depressed due to my upcoming minor surgery but fortunately everyone else was in good form with nonsense being talked for most of the night. We did however have occasional serious moments in which we agreed, for instance, that global warming was a great steaming heap of ... Henningham, Croucher and I constantly talk bantering nonsense to one another in emails -- which we greatly enjoy doing -- but it was best of all to do so in person, of course. All three of us are academics so there is also occasionally some academic talk between us but not much.

But it is still a little surprising to me that wherever I go there is a Han presence -- a presence that seems to be completely harmonious. At the classical music group I go to there are almost always Chinese performers giving renditions of Western classsical music to a very high standard; and at the recent annual gathering of my relatives on my mother's side there was also a Han presence: A cousin once removed is married to a Chinese lady and has attractive Eurasian children. I actually now have relatives with Han ancestry!

So if only all minorities fitted in as well here as the East Asians do! Australia is indeed lucky that its largest visible minority is East Asian -- people whom I see as generally patient, clever, flexible individuals who work hard and contribute greatly to the community as a whole. They are not saints (though their rate of crime is very low) but they do seem to fit in with the rest of us remarkably well. And anyone who values social ease and harmony will value that.

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ELSEWHERE

Baby chimps are as bright as human infants: "Chimpanzees have long been known for their ability to mimic humans. Now scientists have found that baby chimps' mental development can even be more advanced than children of the same age. At nine months, the animals are just as curious and capable of recognising carers and familiar objects as the average baby. When compared with infants kept in isolated conditions in orphanages, the animals are even more advanced. The scientists who carried out the research believe their research also provides valuable evidence that chimpanzees, like humans, thrive on social interaction. The more intimate their contact with their carers, the faster their brains develop. Chimpanzees share about 96% of their DNA with humans. An adult chimp's level of intelligence has been likened to that of a three-year-old child. The new research shows that in their early lives, they develop along similar lines to people before humans race ahead." [I have looked at some of the more embarrassing aspects of this previously]

`Jimmy Carter' tag has Obama wincing: "Less than two weeks into his administration, President Barack Obama is being portrayed by opponents as a new Jimmy Carter - weak at home and naive abroad - in an attempt to dim his post-election glow and ensure that he serves only one term. The charge has stung because it was made privately by Hillary Clinton supporters during a hard-fought primary campaign and plays to fears about Obama's inexperience. He is engaged in early trials of strength with Republicans in Washington and critics of the United States around the world - not least Mahmoud Ahmadinejad, the Iranian president. Obama faces battles to talk Wall Street into giving up its addiction to large bonuses and US banks to start lending again. "Barack Obama thinks he can charm his adversaries into changing their ways but his personality can't change the dynamics," said Tom Edmonds, a Republican consultant. "Carter [president from 1977 to 1981] had the same belief in naive symbolism. Their styles are very different but the political similarities are there." The Republicans are in fighting mood after Obama failed to secure a single vote on their side for his $819 billion financial stimulus package in the House of Representatives, despite intensive wooing. The bill came laden with spending on Democratic pet projects, including $50m for the arts and $400m for global warming research that critics said had little to do with boosting the economy. It also contains "buy American" protectionist provisions that have alarmed trading partners, including Britain."

$646,214 per government job: "House Democrats propose to spend $550 billion of their two-year, $825 billion 'stimulus bill' (the rest of it being tax cuts). Most of the spending is unlikely to be timely or temporary. Strangely, most of it is targeted toward sectors of the economy where unemployment is the lowest. The December unemployment rate was only 2.3% for government workers and 3.8% in education and health. Unemployment rates in manufacturing and construction, by contrast, were 8.3% and 15.2% respectively. Yet 39% of the $550 billion in the bill would go to state and local governments. Another 17.3% would go to health and education - sectors where relatively secure government jobs are also prevalent. If the intent of the plan is to alleviate unemployment, why spend over half of the money on sectors where unemployment is lowest?"

An interesting statement from a former Leftist: "Why am I no longer a Leftist? Because - in my advancing age - I have become responsible. And honest. And true. And unafraid to stand alone alongside anything else in the universe. Nobody is going to tell me - ever again - what to think or how to think it. Nobody is going to speak for me - on my behalf - without my explicit permission. Nobody is going to make me run away, except myself. Nobody is going to plant guilt upon me, except myself. And nobody - but nobody - is going to overpower me. Some of us are far more susceptible to conditioning than others. I have often thought how pleasant it must be to be one of them. But some of us have no choice. We are stuck with our ability to perceive, to be aware, to know our own hearts and minds. We do not stay outside the herd by choice, but because there is no place for us in the herd. And herds can be dangerous places, even for those that inhabit them. It is so very easy to get trampled underfoot as they hurtle towards - and over - the cliff."

Obama grants CIA permission to retain right to carry out renditions: "The banner headlines greeting President Obama's decision to close the detention centre at Guant namo Bay and secret CIA prisons may have concealed how he has retained one of the most controversial weapons in the War on Terror. Under executive orders signed on January 22, the CIA appears to have preserved its authority to carry out renditions - by which hundreds of terrorist suspects have been abducted and transferred to prisons in countries with questionable human rights records such as Egypt, Morocco or Jordan. The measure, disclosed by the Los Angeles Times yesterday, gives some indication of how Mr Obama's promise of change may be slower to be realised than once hoped, with the new Administration coming under concerted attack across a range of issues. An administration official was quoted yesterday defending rendition. "Obviously you need to preserve some tools. You still have to go after the bad guys," said the official. "It is controversial in some circles. But if done within certain parameters, it is acceptable." The European Parliament has condemned renditions, some of which have involved flights with stopovers in British territory, as illegal under international law."

The right stimulus : "What the Democrats have done is write down every single item on their liberal wish list, append dollar amounts next to the items seemingly at random, and call it 'stimulus.' The president wanted the bill to be free of pet projects and include business tax cuts. But no one told Pelosi's appopriators. They are using the current troubles to push through a decades-old domestic policy agenda. The spending - $50 million for the National Endowment for the Arts, $400 million for global warming studies - demonstrates that the bill has no overarching logic. Which makes it a major disappointment. Almost everybody agrees that the economy is a mess and that fiscal policy might help tidy things up. But $6.2 billion for `home weatherization?' The problem with the House plan is that it is ineffective even on Keynesian grounds."

The optimum government : ""Over the last few decades, many economists have done studies on the `optimum' size of government. A new study just completed shows the optimum size of government is less than 25 percent of GDP. Optimum is defined as that point just before government becomes so large as to reduce the rate of economic growth and job creation. Governments are created to protect people and property. A government too small to establish the rule of law and protect people and their property from both foreign and domestic enemies is less than optimal."

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

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

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"Cuba to attend Human Rights Council with head held high"

Psychologists have known since the work of LaPiere in the 1930s that there is often a very large gap between what people say and what they do. The report below from the official organ of the government of Cuba, however, must be one of the more amusing examples of such a gap

CUBA is to attend the Universal Periodic review (UPR) of the Human Rights Council with its head held high and a clean conscience, given its work in favor of human rights for all Cuban men and women, affirmed Foreign Minister Felipe Perez Roque, during a press conference at the Ministry of Foreign Affairs (MINREX). He described as intense and genuinely participative the drafting of the island's national report to the UPR, the text of which is available on the Cubaminrex and Cubadebate websites and is to be published in tabloid format.

The process involved many state institutions and 200-plus of the island's NGO'S, as well as 150 from other countries, which submitted their contributions to the Office of the High Commissioner for Human Rights.

He explained that Cuba is taking on this exercise, scheduled for February 5, with all seriousness and a sense of responsibility, convinced that respectful dialogue, based on the principles of objectivity, impartiality and non-selectiveness, is the only way for international cooperation on human rights issues.

The foreign minister also referred to the anti-Cuba mandate imposed on the former Human Rights Commission, whose elimination, he stated, has made it possible to qualitatively intensify our cooperation with the mechanisms applied in this context on non-discriminatory bases; and which was an act of essential justice toward our people, as well as a recognition of the prestige and the work of the Revolution in protecting and promoting human rights for all.

Perez Roque also announced that, next week, Cuba is to extend an invitation to Manfred Novak, special rapporteur on torture and other cruel, inhuman or degrading treatment or punishment, as part of the country's disposition to continue relating to the Council's special procedures. In the same press conference the minister announced the upcoming ratification of the International Convention for the Protection of All Persons from Enforced Disappearance, in a country in which "in the last 50 years, there has not even been one disappeared or tortured person, and not one extra-judicial execution," he noted.

Cuba is party to 41 of the most important human rights treaties or conventions, and last year signed the International Covenants on Civil and Political Rights and Economic, Social and Cultural Rights, currently moving through the ordinary procedure of constitutional consultation. Cuba is sending reports to the Committees on the Rights of the Child and on the Elimination of Racial Discrimination, and is likewise working on its report to the Committee against Torture, which should be ready for submission at the end of March.

Source

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Another gross FEMA failure -- but it is not the President's fault this time

It's only the fault of the President if he is a Republican

Where is FEMA? That's the question rural southerners are asking. Or would be asking if their lips weren't frozen shut. At least 42 people have died, including 11 in Kentucky, and conditions are worsening in many places days after an ice storm knocked out power to 1.3 million customers from the Plains to the East Coast. About a million people were still without electric Friday, and with no hope that the lights will come back on soon, small communities are frantically struggling to help their residents.

The death toll may be higher already, Grayson County Emergency Management Director Randell Smith indicates there are many people they just haven't been able to get to. "We don't even know that they're alive," said Smith, who also indicated that the National Guard showed up without even chainsaws to clear fallen trees from the roads.

Across the stricken area, local officials are increasingly upset at the lack of assistance from the Federal Government. As Tim Blair puts it, "according to the Katrina template, this is all Obama's fault." Right, Kanye?

FEMA spokeswoman Mary Hudak said that some FEMA people are getting out into the state, but indicated that they are hampered by icy and dangerous conditions. So, just so we are clear Mary, the ice emergency is hard to help with because its all icy? The worst hit areas are poor rural counties. You know, the kind full of bitter people clinging to guns and religion. I reckon they're clinging to them right now. Facing freezing to death alone in the country no doubt puts one's mind to prayer. More from the AP:

Even for those who wanted to leave, it wasn't possible. The one gas station in Marion that was up and running was able to supply gasoline to emergency vehicles only until another delivery of gasoline arrived Friday. Only half of that gas was made available to the public, and there was a $10 limit. Linda Young, who is staying the town's shelter, said her car only had enough gas in it to get around Marion. Even if she had gas, there was nowhere to go - all of her relatives in other parts of Kentucky also were hit by the ice storm.

They are trapped, huddled in shelters, and wondering what's next. But hey, the governor said Obama called him and was all, you know, worried. So it's not like he's not doing anything. I wonder if the President told the Governor that Kentuckians should "toughen up"? Is "flinty" a synonym for grossly insensitive? It would, of course, be despicable to suggest the President isn't helping because of the race and income levels of the majority of the victims. Although as Jeff Emanuel notes, it's been known to happen.

Source

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SOME BRITISH NEWS

How British. Huge rewards for huge incompetence: "Dozens of staff at the Serious Fraud Office (SFO) have been offered early-release payoffs worth up to 240,000 pounds after a secret Whitehall report found its work was being undermined by alleged cronyism and incompetence. The SFO, which received 42m from the government last year to tackle Bernie Madoff-style fraud, has offered many of its lawyers and accountants gold-plated pensions and lump-sum payoffs, in some cases worth three times their salary. The move follows a confidential review of the agency by Jessica de Grazia, a former US prosecutor, who found a widespread perception of cronyism where staff believed the agency was "a bit of an old boy's club". The unpublished report, seen by The Sunday Times, said staff were promoted because they were "nice". Some employees felt this was because they were "friends of the [then] director". SFO officials said it was "like a rudderless ship [with] the blind leading the blind". John Lawson, head of Standard Life pensions, said the payoffs were "an offer to die for".

Britain's crooked Lords: "Peers who avoid tax or have criminal convictions - such as Lord Archer and Lord Black - are to be expelled from the House of Lords in the wake of the lords for hire scandal. The reforms are being drawn up by Jack Straw, the justice secretary, in an attempt to restore the Lords' battered reputation after last weekend's revelations in The Sunday Times. He plans to enact the legislation necessary to expel them before the general election, which has to be held by May next year. Peers who are "non-domiciled" or "non-resident" for tax purposes - there are thought to be at least seven - will lose their seats, as will those who have been convicted of a serious criminal offence. Our disclosures that Labour peers were prepared to amend laws in the Lords on behalf of businesses has lifted the lid on the frenetic business activity in the second chamber... Our inquiries have established that other peers are routinely attempting to change legislation that would favour companies and organisations which pay them. In an interview with The Sunday Times, Baroness Royall, Labour leader in the Lords, said the system was "bananas". [Most members are now political hacks appointed by the government so this was to be expected]

British police 'ran away' from jeering Muslim demonstrators: "Video footage posted on a website shows police officers running way from chanting demonstrators who took part in a violent protest in London against Israel's invasion of the Gaza Strip. The ten-minute amateur film shows 30 officers being chased by a crowd of up to 3,000 people who broke away from an official protest march last month. The video, posted on YouTube, shows protesters chanting 'Allahu Akbar' (God is Greatest) and 'Fatwa', a death threat under Islamic law. As they walk past St James's Palace, demonstrators throw traffic cones and stones at the police, who are seen running away from the threat before turning to walk backwards. One demonstrator shouts: 'Run, run, you cowards. Run, you poof. Allahu Akbar.'"

More on the decay of British policing: "The anonymous blogging policeman records that officers are visiting areas with high vehicle crime and identifying vulnerable vehicles. They attach a sticker to the windscreen informing the owner that there is some kind of insecurity. They even tick a box telling the owner how the vehicle is insecure. This marks out the vulnerable cars for thieves and helpfully informs them how to proceed. As the blogger says: "This is quite the maddest scheme in British policing." I certainly hope so. I sadly suspect not."

The British car industry, the bailout and the taxpayer : "On Wednesday, UK Business Secretary Lord Mandelson went some way in bailing out the carmakers by giving them credit, though you might think that it was too much credit that got us all into this mess in the first place, but put that aside for one moment. The real issue is where this cash is going to come from. Our leaders like to suggest that it's just some bookkeeping entry at the Bank, but every pound lent to a potential car customer has to come from somewhere. And indeed, it comes from taxpayers. Hairdressers in Harwich have to pay higher taxes so that Sloane Rangers can buy a new Jag or a new Lexus. Yes, that could save lots of jobs, possibly thousands, in carmaking. But only by putting jobs under threat everywhere else."

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

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

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Bailout hypocrisy

Everyone is talking about how much money the government is spending, but very little attention is being paid to where they are spending it or what they are buying with it. The government is putting money into banks, even when the banks don't want it, in hopes that the banks will put it into circulation. But the latest statistics shows that banks are lending even less money now than they were before the government dumped all that cash on them. Even if it had worked, putting cash into banks, in hopes that they would put it into circulation, seems a rather roundabout way of doing things, especially when the staggering sums of money involved are being justified as an "emergency" measure.

Spending money for infrastructure is another time-consuming way of dealing with what is called an immediate crisis. Infrastructure takes forever to plan, debate, and go through all sorts of hearings and adjudications, before getting approval to build from all the regulatory agencies involved. Out of $355 billion newly appropriated, the Congressional Budget Office estimates that only $26 billion will be spent this fiscal year and only $110 billion by the end of 2010. Using long, drawn-out processes to put money into circulation to meet an emergency is like mailing a letter to the fire department to tell them that your house is on fire.

If you cut taxes tomorrow, people would have more money in their next paycheck, and it would probably be spent by the time they got that paycheck, through increased credit card purchases beforehand. If all this sound and fury in Washington was about getting an economic crisis behind us, tax cuts could do that a lot faster.

None of this is rocket science. And Washington politicians are not all crazy, even if sometimes it looks that way. Often, what they say makes no sense because what they claim to be doing is not what they are actually doing. No matter how many times President Barack Obama tells us that these "extraordinary times" call for "swift action," the kind of economic policies he is promoting take effect very slowly, no matter how quickly the legislation is rushed through Congress. It is the old Army game of hurry up and wait.

If the Beltway politicians aren't really trying to solve this crisis as quickly as they could, what are they trying to do? One important clue may be a recent statement by President Obama's chief of staff, Rahm Emmanuel, that "A crisis is a terrible thing to waste." This is the kind of cynical revelation that sometimes slips out, despite all the political pieties and spin. Crises have long been seen as great opportunities to expand the federal government's power while the people are too scared to object and before any opposition can get organized. That is why there is such haste to do things that will take effect slowly.

Source

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Obama is watching you

Or some of his acolytes are with his permission

Back when he was campaigning for president, Barack Obama's skillful use of Web 2.0 technologies such as Facebook and YouTube enabled him to get his message out to new audiences of voters in an unprecedented fashion. But using the same technologies in his new role as president is already proving to be more controversial.

Not even 10 days into Obama's presidency, some privacy advocates are expressing concern about a White House decision permitting the use of persistent Internet cookies in YouTube video files embedded on the redesigned WhiteHouse.gov Web site. Letting third-party cookies be placed on the site is a deviation from established executive-branch policy that leaves site visitors open to being tracked and profiled without their knowledge, the privacy advocates claim.

In a letter mailed Tuesday to White House Counsel Gregory Craig (download PDF), the Electronic Frontier Foundation (EFF) questioned a waiver that was issued by Craig's office concerning the use of cookies on the WhiteHouse.gov site. The waiver, which is now part of the site's modified privacy policy allows the use of persistent cookies by "some third-party providers to help maintain the integrity of video statistics."

Source

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The wonderful power of regulation again

Once again we see that the principal function of regulators is to give people a false sense of security while they are being ripped off

An Indiana financial manager who parachuted from a small plane in a suspected bid to fake his death handled lucrative accounts in several states for years despite repeated accusations that he was bilking investors. Regulators in at least three states were warned about Marcus Schrenker, in one case as early as 2002. But it took nearly seven years - and suspected losses reaching into the millions of dollars - before Indiana launched a criminal investigation of Mr. Schrenker, whose high-flying lifestyle included planes, luxury cars and a 10,000-square-foot home. Officials say he deliberately switched his licensing from state to state to create confusion about who should have been watching him.

Mr. Schrenker's wife filed for divorce Dec. 30, a day before Indiana police served a search warrant on his home and office, seizing computers, tubs full of financial documents and evidence of recent document shredding. This was within days of his loss of a $533,000 judgment to an insurance company.

With his personal and financial woes mounting, Mr. Schrenker, 38, bailed out of his plane Jan. 11 near Birmingham, Ala., and sped away on a motorcycle. The plane, left on autopilot, continued for another 200 miles before crashing near homes in the Florida panhandle.

On Jan. 13, Mr. Schrenker was arrested at a Florida campground where a suspected suicide attempt left him hospitalized with a self-inflicted gash to a wrist. He was released Sunday from a Tallahassee hospital. Mr. Schrenker was being held Monday in the Escambia County Jail, though a court date had not been set. Federal court records did not list an attorney for him.

Felony charges from his financial dealings are pending in Indiana, where authorities have frozen Mr. Schrenker's assets and those of his wife. He also faces nearly $9 million in potential and actual judgments and legal claims, some filed in other states, on complaints that he failed to refund unwarranted commissions and charged exorbitant fees. "That guy's house of cards is falling rapidly," said Charles Kinney, an airline pilot from Atlanta who has made formal complaints that Mr. Schrenker scammed up to $135,000 from his parents' retirement fund. "We knew this day was coming."

Authorities in Indiana and Georgia have received at least nine complaints since 2002 against Mr. Schrenker and his companies - Icon Wealth Management, Heritage Wealth Management and Heritage Insurance Services. A financial industry regulatory group says there were two other complaints filed in 2001.

Georgia's insurance department worked with five people who filed complaints over Mr. Schrenker's handling of annuities - including charging exorbitant "surrender fees" the investors didn't know they'd face - starting in late 2006, said spokesman Glenn Allen. The department eventually obtained $2.5 million in refunds for the investors, working with insurance companies that issued those annuities.

Source

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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The school that Israel didn't shell

The media love terrorist lies

Every Israeli operation to defend itself has one. And the "bombed school" was the "Jenin massacre" or the "bombed ambulance" hoax of Israel's operation this past month in Gaza. In early January Israel was once again accused of a horrific war crime - an allegation that ran and ran. Some examples:

From Britain's The Independent: "Massacre of innocents as UN school is shelled"

From The Australian: "THE deaths of 42 people in an Israeli attack at a UN-run school in Gaza overnight has finally forced Barack Obama to break his silence over the conflict..."

From The Age: "43 Palestinians in a UN school were killed by Israeli shelling..."

From Iran: "The UN High Commissioner for Rights has also called for independent investigations into possible war crimes after Israel's shelling of a UN school compound which killed 42 people..."

From India: "Israeli tank shells killed more than 40 Palestinians on Tuesday at a UN school where civilians had taken shelter, in carnage likely to boost international pressure on Israel to halt a Gaza offensive".

The key ingredients in this latest "proof'' of Israeli depravity: 43 dead, school attacked, sheltering civilians massacred. Oh, and with no good cause: "The United Nations on Wednesday denied Israeli army allegations that militants were inside a school in Gaza that was hit the previous day by an Israeli strike, killing at least 42 people."

Now for the facts of that January 6 mortar shelling of the Ibn Rushd Preparatory School for Boys, run by the United Nations Relief and Works Agency. Yes, the 43 people are dead, and that is a tragedy, given many were undoubtedly innocent. But the rest of the allegations? False, false and false. Yet again the media has bought anti-Israeli propaganda, as a Toronto Globe and Mail investigation has found:

Physical evidence and interviews with several eyewitnesses, including a teacher who was in the schoolyard at the time of the shelling, make it clear: While a few people were injured from shrapnel landing inside the white-and-blue-walled UNRWA compound, no one in the compound was killed. The 43 people who died in the incident were all outside, on the street, where all three mortar shells landed....

While the killing of 43 civilians on the street may itself be grounds for investigation, it falls short of the act of shooting into a schoolyard crowded with refuge-seekers....
The teacher, who refused to give his name because he said UNRWA had told the staff not to talk to the news media, was adamant: "Inside [the compound] there were 12 injured, but there were no dead.".

Hazem Balousha, who runs an auto-body shop across the road from the UNRWA school, was down the street, just out of range of the shrapnel, when the three shells hit. He showed a reporter where they landed: one to the right of his shop, one to the left, and one right in front.

UNRWA itself now opening concedes its school was not actually shelled:

John Ging, UNRWA's operations director in Gaza, acknowledged in an interview this week that all three Israeli mortar shells landed outside the school and that "no one was killed in the school." ... The Israelis are the ones, he said, who got everyone thinking the deaths occurred inside the school. "Look at my statements," he said. "I never said anyone was killed in the school. Our officials never made any such allegation."

But the Globe and Mail recalls an earlier Ging quote:

Speaking from Shifa Hospital in Gaza City as the bodies were being brought in that night, an emotional Mr. Ging did say: "Those in the school were all families seeking refuge. ... There's nowhere safe in Gaza."

And a World Health Organization report:

On 6 January, 42 people were killed following an attack on a UNRWA school ...

And a UN Office for the Co-ordination of Humanitarian Affairs weekly report:

Israeli shelling directly hit two UNRWA schools [including this one]...

So why did Israel lob those three mortar shells into the street outside the school? As Associated Press reported at the time:

In a statement, the Israeli army said an initial investigation found that "mortar shells were fired from within the school at IDF soldiers. The force responded with mortars at the source of fire. The Hamas cynically uses civilians as human shields." The army said two Hamas militants - Imad Abu Askar and Hasan Abu Askar - were among the dead.

Two neighborhood residents confirmed the Israeli account, saying a group of militants fired mortars from a street near the school, then fled into a crowd of people in the streets. Israel then opened fire. The residents, who spoke on condition of anonymity because they feared for their safety, said the Abu Askar brothers were known low-level Hamas militants.

"Within" is not right, of course. But it seems the real story is that 43 people, including at least two Hamas militants, were killed when Israel returned fire from Hamas mortars launched from among a crowd in the street. You might still not like what occured. But it is very, very different to what was so widely alleged, and far more forgivable.

And after the earlier evidence of the media repeating pro-Hamas propaganda and gross exaggerations of the death toll in Gaza, especially among civilians, we need to ask again: how much can we trust the coverage of journalists and welfare groups reporting from territory run by terrorists?

Source

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Barack Quixote

Four hundred years ago, Miguel Cervantes described an archetypal delirious fruitcake who wanted to change the world by turning the clock back to the idealized Utopian times that never really existed. Imagine what Cervantes would write today about the futility of his satirical effort, if he were to learn that four centuries later, a whole movement would arise that emulated his loony character and elected one of their kind as the leader of the free world.... Being light on details, Obama's inaugural speech briefly reiterated his views - which we already knew from his previous comments, associations, voting record, and cabinet appointments. Here is a partial list of the windmills he pledges to fight:

Windmill #1: Greed is bad for the economy.

Greed is a known "progressive" code word for the freedom to keep what you earn - the sort of freedom that made the United States the economic wonder of the world. To be fair, during the presidential debates McCain also attacked greed in rather quixotic terms, although next to Obama he sounded more like the simple-minded Sancho Panza.

Windmill #2: Lack of government control is bad for the economy.

The ones out of control here were the Democrat politicians who created corrupt government-sponsored companies Fannie Mae and Freddie Mac, later defending them to the death against Republican calls for stricter oversight. At the same time they overburdened the banking industry with Utopian requirements to give mortgages to people who couldn't pay them back - a quixotic move that sparked the current economic meltdown.

Windmill #3: Partisan discord must give way to "unity of purpose."

A debate between political parties is healthy for a democracy. The trouble is, the debate itself became toxic when Obama's own party was hijacked by leftist radicals whose idea of unity is the suppression of dissent. If we unite with them for that purpose, it will be the end of American democracy. Observe examples of political unity in Cuba, North Korea, and Hollywood. One-party rule was stipulated in the Article 6 of the Soviet Constitution that singled out the Communist Party as the leading and inspiring force of the Soviet people. We know how that ended.

Windmill #4: Wealth creation must give way to wealth redistribution.

"Without a watchful eye, the market can spin out of control - and ... a nation cannot prosper long when it favors only the prosperous." In real life, free market favors everybody who participates in it. Excessive regulations give unfair advantages to large corporations that can swallow the extra cost while their smaller competitors will choke on it. This stifles competition, reduces economic opportunity, lowers the quality of life, and spreads misery. In the end the elites remain prosperous while everybody else is worse off. Quixotic policies always result in the exact opposite of the original intentions. The only winner here is the growing government bureaucracy.

Windmill #5: Discipline the government bureaucracy.

"And those of us who manage the public's dollars will be held to account - to spend wisely, reform bad habits, and do our business in the light of day." It's what Leonid Brezhnev also said when he figured Khrushchev's liberal reforms had unleashed government corruption that had been previously held in check by Stalin's rule of terror. Let's face it - terror is the only way to run a state-owned economy effectively; that's why Stalin kept his apparatchiks trembling with fear and waking up at night in cold sweat. Without the show trials and executions, to manage an army of sticky-fingered bureaucrats became a gigantic windmill that the country had been fighting for a few decades before it collapsed from exhaustion. The moral here is that, short of the gulag, nothing can control the corrupting powers of an exponentially-growing government bureaucracy. Attempts to fight it will only result in a quagmire. The obvious answer is to stop feeding this monster, by removing the unessential regulating functions; the government will deflate to a manageable size and will become people-friendly again.

Windmill #6: Finance government construction projects by taxing private industries.

Talk about "meeting the demands of a new age." Throw away your computer and grab a shovel - the future is here! Putting government in competition with the private sector helps neither, but corrupts both. FDR tried this on a massive scale; his well-meaning programs turned a recession into a depression, prolonged the suffering, and delayed the recovery by a decade. The subsequent lionization of FDR for this man-made disaster could only occur in a mindset where good intentions mean everything, and the results mean nothing - a classic example of quixotism.

Windmill #7: Ward off the specter of Global Warming.

"We will work tirelessly to lessen the nuclear threat, and roll back the specter of a warming planet." Nice try bundling terrorism with Global Warming, but no cigar. While the industrial impact on climate cycles remain a questionable hypothesis, its ideological underpinnings are getting more and more visible. Not two weeks ago Obama created the position of global warming czar and gave it to known socialist radical Carol M. Browner, whose solution to any world problem is the curbing of capitalism and shrinking the economy. Swapping Karl Marx's "specter of communism" with a more convenient "specter of a warming planet" may have changed the lyrics, but the song remains the same.

In this light, Obama's promise to "restore science to its rightful place" is merely a code phrase for the politicization of science. In the USSR, where scientific consensus was created by government mandate, politicization of science resulted in a colossal waste of national resources on absurd agricultural hoaxes, while state-appointed "scientists" denounced the emerging cybernetics as a "bourgeois hoax." Every single one of these people acted out of good intentions.

Windmill #8: Global poverty exists because the US taxpayers aren't throwing enough money at it.

"We can no longer afford indifference to suffering outside our borders; nor can we consume the world's resources without regard to effect." If global poverty still exists after trillions of dollars in foreign aid over the decades, shouldn't we already start looking for the root of the problem elsewhere? Say, not in the lack of donations, but perhaps in the despotic quasi-Marxist regimes that cause poor nations to stay poor? A bizarre quixotic-despotic symbiosis has emerged, for example, in Africa, where well-meaning Western activists and politicians are promoting socialist reforms and nationalization of resources - while local despots, who otherwise couldn't care less about Marxism, find this system very useful in maintaining power and keeping populations in economic serfdom.

As long as everything is owned and governed by the state, the head of such a state automatically becomes an absolute monarch, owning and governing the entire land and its people. Such governing typically consists of stealing foreign aid, pilfering the country, looting the neighbors, and fighting off coup after coup, led by an endless swarm of similarly inclined wannabe despots, who want their share of foreign aid, gold, diamonds, or whatever else the educated Western geologists happen to find in that God-forsaken, state-owned land. No such despot will ever step down voluntarily, because that would make him like everybody else in his country - dirt-poor and vulnerable to abuse from the new despot.

Perhaps, in order to eliminate bloody civil wars in Africa and elsewhere, Obama could throw a few billion of our dollars at a posh retirement facility for tinpot dictators that would help them soften the blow and deal with psychological stresses, thus facilitating a peaceful transition of power from one crook to another. A better solution, of course, would be to introduce those countries to capitalism with its freedoms, incentives, property rights, and the rule of law - but apparently this is too ignoble a prospect for a soaring quixotic mind to consider.

More here

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ELSEWHERE

Barack Bush? "The White House warned Iran last night that military action is still one of its options despite the "hand of friendship" offered by President Obama. Officials moved to cool fevered expectations - and assuage lingering European concerns - about plans to thaw a 30 year freeze in US relations. Robert Gibbs, the White House press secretary, reiterated that any talks held with the Iranian leadership would not necessarily be with President Ahmadinejad and would involve careful preparations beforehand. Asked if the use of force was still possible, he replied: "The President hasn't changed his viewpoint that he should preserve all his options." Mr Gibbs added that the US needed to address Iran's sponsorship of terrorism and its threats against Israel, as well as an "illicit nuclear programme".

Destructive economic ignorance coming up?: "Mr Obama may be about to repeat, at the dawn of his presidency, the same historic error that the much derided Herbert Hoover made just before quitting the White House in 1933. In the depths of the Great Depression, he signed into law the innocent-sounding Buy America Act. It required the US Government to use American suppliers in all public contracts. Less notorious than the Smoot-Hawley Tariff Act, "Buy America" did huge damage. It proved a disaster for US manufacturing exports and the global economy. Other governments followed suit, and it took decades to begin to reverse the closure of markets. Now, prodded by America's mighty steel lobby, a key congressional committee has voted, 55-0, to attach a still more rigorous "Buy America" clause to President Obama's stimulus package. It bars federal funding of any public projects "unless all of the iron and steel used is produced in the United States". [And then other countries will shut out American products, causing yet more unemployment in America]

Voter ID Was a Success in November: "Remember the storm that arose on the political left after the U.S. Supreme Court upheld the constitutionality of Indiana's voter ID law last April? According to the left, voter ID was a dastardly Republican plot to prevent Democrats from winning elections by suppressing the votes of minorities, particularly African-Americans. Since the election of Barack Obama, we haven't heard a word about such claims. On Jan. 14, the federal appeals court in Atlanta upheld Georgia's voter ID law. The reasons for the silence about alleged voter suppression is plain. In the first place, numerous academic studies show that voter ID had no effect on the turnout of voters in prior elections. The plaintiffs in every unsuccessful lawsuit filed against such state requirements could not produce a single individual who didn't either already have an ID or couldn't easily get one. Second are the figures emerging from the November election.... The Joint Center for Political and Economic Studies (JCPES) found that black turnout in the 2008 election was at a historic high, having increased substantially from 2004. The total share of black voters in the national vote increased from 11% to 13% according to exit polls, with 95% of blacks voting for Mr. Obama."

A visit to Paris: " On the first day of our trip, local news reported that another synagogue was firebombed, a 4th that week, and a man had just been stabbed for wearing a Star of David by the notorious “disenfranchised youths” as the media calls them. Two days prior, there was a “peace” rally which resulted in the burning of dozens of cars, again by those pesky “youths” who for some reason yell “Allah Akbar” while rioting. We did an in studio interview on French radio where I bluntly explained to them that their problems were brought on by their leftist politicians who feel the need to push socialist and other leftist policies which have enabled all this to occur. Unfortunately these policies of open borders, refugee resettlement, welfare, and others, are exactly the same policies that the liberals in congress and the state assembly are constantly pushing here in America."

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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Grabbing traditions that the Left have not yet managed to destroy

Please forgive me for starting with an enormous cliche but: "Man is a social animal". And that observation underlies some further remarks that I want to make about group belonging and connectedness to others generally. I have of course written at length on that before and pointed out the paradox that conservatives -- who very much respect individualism and individual liberty -- are also the ones who are most at ease with being members of a group -- such as a nation -- where pride in group membership is of course called patriotism. Being human, Leftists too have such a need but their miserable and constant criticism of the world about them normally inhibits their feelings of group membership. So when they do find a group that they approve of they go completely overboard -- as with Obamania or Nazism.

And the constant Leftist accusation that any group loyalty is "racism" has inhibited or even destroyed some of the group loyalties that people once felt. I don't blame my readers for being unaware of it but particularly ethical or generous behavior was in the early 20th century often referred to by the English as "white". "That's very white of you" was once a great compliment and expression of appreciation. Yes. People were once proud of being white. These days that is a huge no-no, of course. Black pride is great but white pride is now allegedly an unmitigated evil. Even though the people who defeated Hitler were in fact overwhelmingly -- white.

And where shreds of the old group loyalties have survived Leftist attack, it is remarkable how popular they are. People need such things so they grab what is left. And I want to give three examples of that -- all largely from my own experience but not solely so.

The first is ANZAC day. ANZAC day is a great Australian tradition. It commemorates the landing of Australian soldiers under British command in Northern Turkey during WWI. Due to typical British military bungling, it was a disaster but the heroism of the troops in their parlous situation was widely reported and admired. And the anniversary of that landing is now Australia's most significant national day. It is the day on which we remember our many war dead and there are traditions about how we do that. A central tradition is the dawn service. The original ANZAC troops went ashore at dawn and at that very time their sacrifice is honoured to this day. A service is always held at a local war memorial or cenotaph at that time. And certain traditional words are said there at that time too.

So who goes to these services? Old guys who still remember their war service? They do indeed. But lots of young people go too. They sense a great national tradition and they grasp it eagerly. And although the original ANZAC troops are now long dead, the crowds at the commemorative services are bigger than ever. It is to this day a great day of Australian pride and undoubtedly Australia's most solemn day of celebration. It goes from strength to strength. There have been Leftist attempts to mock it but such attempts have been like water off a duck's back. A book mocking it was in fact for a time a set text in many Australian schools but even that did not succeed at working the usual Leftist destruction.

And my second example is much more mundane but in a way more amazing. To understand how amazing you need to know what the Scots and the English think of one another. It is not good. Tolerance describes it but there is not much more than that. And sometimes even the tolerance breaks down. Old memories going back to the 13th century die hard, amazingly enough. Yet at my last Burns Night -- an ineradicable and unashamed Scottish celebration of great sentimentality -- I had several English-born guests present -- with attitudes to all things Scottish that were typically English. They didn't even really like the pipes (bagpipe music)! Yet I started the night by distributing the words of "Scotland the Brave" and asking everyone to sing it. It is of course a great patriotic and very sentimental Scottish song so I was mildly surprised that my English guests sang it with as much gusto as anyone else. They "got into it" as well as anyone else.

And that is not just something from my own social circle. It was recently reported that there were in fact this year more Burns Night celebrations -- always highly ritualized and traditional occasions -- in England than there were in Scotland! Such is the need for old customs and unashamed feelings of connectedness and uniting in something significant.

And then there is Australia day. Australia day was for a long time more an official holiday than a people's holiday. Australians are in general patriotic but not ostentatiously so. The day commemorates the first landing of British settlers in Australia on Jan. 26, 1788. Leftists fume about it of course and say it should be renamed "Invasion day" because there were already at the time black people living in Australia. And Greenies think it is a tragedy too -- because of the "damage" the white settlers did to the natural landscape. So on the Australia Day just past there was a call to move the day of celebration to some other date -- a call which our centre-Left Prime Minister firmly rejected. He has good political instincts.

The interesting thing about Australia day, however is that HAS now become a people's holiday. As mainstream Australians have been fed -- in the schools and from the media -- a steady diet of white guilt and how wonderful blacks and Muslims are, the more they have turned to celebrating their own identity and history. And Australia day is an opportunity for that. It is now common on Australia day to see cars on the road with one or more Australian flags fluttering from them. Various organizations actually hand them out for that purpose. That never used to be the case. And even Australians of East Asian origin (of whom Australia has many) sometimes get into the spirit and wear Australian symbols -- such as the flag -- on their clothing. They see no problems with what the British wrought here and are glad to be Australians. So the Leftist attack on Australian patriotism has in fact energized it and made it an occasion for coming together. I gave an extended coverage of the Australia day just past on my AUSTRALIAN POLITICS blog.

Just a very small point to end up with: In my childhood I was often told in tones of awe and reverence that my great-grandfather was in the Black Watch. So what is the Black Watch? Basically, it is just another Scottish regiment in the British army. But it isn't just that. It is the Black Watch and you have to have traditional Scottish feelings and knowledge of history to understand that. Being in the Black Watch is REAL belongingness, a source of pride and honour.

And I DO like haggis! As I have already mentioned, there is a small account on my personal blog of my most recent Burns Night -- for what slight interest it may have.

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Some good sarcasm from Taranto

"In an interview with one of the Middle East's major broadcasters, President Barack Obama struck a conciliatory tone toward the Islamic world, saying he wanted to persuade Muslims that 'the Americans are not your enemy,' " the New York Times reports. "The interview with Al Arabiya, an Arabic-language news channel based in Dubai, signaled a shift--in style and manner at least--from the Bush administration."

Obama also addressed Muslims directly, saying, "We respect your faith. It's practiced freely by many millions of Americans and by millions more in countries that America counts as friends. Its teachings are good and peaceful." Can you imagine George W. Bush saying anything like that?

Oh wait, sorry, Homer nods: That last quote was from Bush's speech on Sept. 20, 2001. Still, the pace of change is just dizzying! OK, so it's not so much what Obama said, but where he said it. Bush would never have given an interview to Al Aribiya.

Darn it, we messed up again! The Associated Press reports that "Obama's choice of Al-Arabiya network, which is owned by a Saudi businessman, follows the lead of the Bush administration, which gave several presidential interviews to that news channel." Even so, change is all around us! As the AP notes, the new president's policies are completely different:

Obama's predecessor, former President George W. Bush, launched wars in Iraq and Afghanistan which prompted a massive backlash against the U.S. in the Muslim world.

Bush just went around launching wars for no reason! It's not as if these wars were provoked by an attack on America or an invasion of a neighboring country, or else the AP would have mentioned it. Obama, by contrast, just wants to give peace a chance, as another Associated Press dispatch notes:

Obama is expected to double the number of American troops in Afghanistan this year, as the country becomes one of his foreign policy priorities.

The Washington Post reports that "the change in Washington appears to have rattled al-Qaeda's leaders, some of whom are scrambling to convince the faithful that Obama and Bush are essentially the same." Good luck with that, guys!

Source

Agence France-Presse gives us yet another example of the press's historical amnesia in crediting President Obama with foreign-policy "change":

In an interview with the Al-Arabiya satellite television network on Monday, Obama sought to assure the Muslim world that "Americans are not your enemy" and urged Israelis and Palestinians to return to the negotiating table. Obama has promised to directly address Middle East questions at the start of his presidency rather than waiting for years like his predecessor George W. Bush, but said he did not want expectations raised too high for swift progress for peace, following the Israeli war against Hamas in Gaza.

Did the Bush administration really wait "years"? Let's consult an earlier AFP dispatch:

In an apparent effort to cement Arab support for a US-led global war on terrorism, President George W. Bush said on Tuesday a Palestinian state had always been part of a US vision for Middle East peace. . . . Secretary of State Colin Powell, speaking later after a meeting with his Indian counterpart, echoed that statement. . . .

Since Sept. 11, the United States has waded into to the crisis, pressuring both sides into signing a ceasefire deal last week to allow it to enlist Arab and Muslim states in his world anti-terror coalition. Bush said Washington was "working diligently" to end a year-long cycle of violence and reiterated his strong support for a roadmap to peace crafted by an international panel headed by former US Senator George Mitchell.

The latter dispatch is dated Oct. 3, 2001--8« months after Bush's inauguration. Maybe AFP meant dog years.

Source

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No good reason to feel depression

Comment from an Australian economist

You don't need me to tell you, but I will anyway. Yes, we're in for a terrible year. The economy's almost certain to drop into recession. Indeed, we may be there already. That means rapidly mounting unemployment and various businesses collapsing. This will be our first recession in 17 years, which means it will be a novel experience for everyone under about 30. For the rest of us, however, recession is nothing new. And while everyone's busy working themselves into a funk, it's worth reminding ourselves of a few home truths.

The first is that, although every recession is regarded a monumental failure of economic management, capitalist economies move in cycles of boom and bust. Always have; always will. So this isn't the first recession we've had and it won't be the last. That's worth repeating because it's a reminder of something we're prone to forget in the depths of our gloom: this recession will pass, just as every other one has.

A lot of people are saying this will be the worst recession we've experienced since the Great Depression of the 1930s. This may prove to be true. After all, it was true of the last recession, in the early '90s, and also the one before it in the early '80s. But no matter how bad this recession proves to be, it's a safe prediction it won't be nearly as bad as the Depression, when the rate of unemployment leapt to more than 20 per cent. So don't let the talk of depression spook you.

In a recession, just about everyone is adversely affected. It's worth remembering, however, that most of us get let off pretty lightly. The great majority of businesses, for instance, won't go out backwards, even if many lay off staff. And consider this: were the rate of unemployment to more than double to 10 per cent, that would still mean 90 per cent of workers had kept their jobs. What's more, the risk of unemployment is far from evenly spread across the workforce. It falls most heavily on young - those leaving education to seek a job - and the less skilled and less educated. There are exceptions, of course, but the higher your level of educational attainment, the lower the likelihood of your being unemployed.

Another factor is that some industries are more susceptible to the business cycle than others. Manufacturing, retailing, advertising and media are always hard hit, whereas the public sector and providers of basic goods and services are largely impervious. We still have to eat, for instance.

I predict that, before the year's out, we'll see letters to the editor proclaiming: What recession? My local restaurant is still full on Saturday nights. Why am I sure we'll see this? Because I hear people saying it in every recession. Remember, too, that contrary to what we first think, the economic news is never all good or all bad. Just as booms are marred by rapidly rising prices and ever-increasing interest rates, so recessions are leavened by falling interest rates, government giveaways and slowing inflation. Interest rates have another couple of percentage points to fall, with the next fall likely next week.

It's a good time to seek out generous discounts. And recessions are a time when the cashed-up and canny buy shares and real estate while they're cheap, setting themselves up for the next boom.

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

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

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Sarah's back!



Alaska governor Sarah Palin has launched a political action committee to help support candidates for federal and state office. The committee, SarahPac, is dedicated to supporting "fresh ideas and candidates who share our vision for reform and innovation," according to its web site.

Palin catapulted to fame last year as Republican presidential candidate John McCain's running mate and is widely believed to be eyeing a presidential bid in 2012. Aides said SarahPac will help serve as a vehicle for her political activities. According to the web site, SarahPac welcomes supporters of any political persuasion and will contribute to candidates of any party who share her ideas and goals.

But Palin makes special note of the Republican Party on the site, saying it is at "the threshold of an historic renaissance" that should focus on health care, education and government reform.

Aides said Palin will limit her political activity until the Alaska legislative session ends in April. But she planned to travel to Washington on Saturday to attend the Alfalfa Club dinner, an elite gathering of the capital's political and media establishment. Palin was also expected to address the Conservative Political Action Committee meeting in Washington in February.

Source

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BrookesNews Update

President Obama gets an economic broadside : The US faces a massive surge in inflation and a run on the dollar if the fed insists on flooding the banks with monopoly money and underwriting Obama's economic illiteracy with colossal checks funded with credit expansion
Obama's fiscal stimulus will fail the US economy: It is a dangerous fallacy that government spending is costless. There is need to emphasize the truism that a government can spend or invest only what it takes away from its citizens and that its additional spending and investment curtails the citizens' spending and investment to the full extent of it quantity
The Great Depression: fact versus myths: The Democrats are falsely arguing that this is the worst crisis since the Great Depression and that it requires a 'New Deal'. But it was Roosevelt's New Deal that kept America in depression throughout the 1930s. This is an important fact that needs to be grasped by the public, despite media propaganda to the contrary. Obama's economic policies are a dangerous mishmash of New Deal quackery, appalling economic and historical illiteracy
Are the Democrats a patriotic party? : Any party works assiduously to bring about its own country's defeat - as did hardcore Democrats with respect to the Iraq War - is surely guilty of treason. And it should not be forgotten that President Obama was one of those Democrats
Bush and the Bush-Haters: Bush is alone at being attacked and denied support from all quarters - even from many members of his own party. No single media source, excepting talk radio, was ever in his corner. Struggling actors and comics revived their careers though attacks on Bush. The very existence of BDS says more about the left in general than it does about Bush. The left are already cranking up their hate machine again Sarah Palin
When will Israel learn to SAY "NO!" : Once the Obama team gets going the situation for Israel could become dire. At least, Bush never announced that he would sit and negotiate with a terrorist organization and give them the credibility of a real state, which is precisely what Obama has done
Obama: bringing Americans change they never imagined: Obama has made it evident that we've stuck ourselves with an extreme leftist ideologue whose brand of 'change we can believe in' is, in fact, 'change we never imagined'. Examples are piling up in terms of the radical pro-abortion polices he's planning to implement, the many-times-failed leftist fiscal policies he's promised to test yet again, and the noxiously naive peacenik policies that have Mahmoud and Osama giggling themselves to sleep at night
The media bring down a curtain of darkness to protect Obama : Obama lied about his contacts with Blagojevich. But he has the media on side. Nothing of what has been previously seen in Western democracies in terms of counterfeiting and news manipulation can compare to this absolute and relentless blockade that the American media has placed on any information damaging to Obama. Free debate and information is the lifeblood of democracy. By acting as Obama's willing censors the mainstream media has again demonstrated why it is an enemy of democracy

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ELSEWHERE



Russian military a 'paper tiger': "Russia may be flexing its military muscle once again, sending warships into international waters and dispatching long-range bombers on reconnaissance trips, but the former superpower remains a paper tiger, according to a respected London think-tank. The recent naval manoeuvres in the Mediterranean and Latin America were symbolic gestures - the former maritime giant was able to deploy only a small number of ships, while the rest of the fleet was anchored at home without enough money to keep it at sea, the International Institute for Strategic Studies (IISS) says.... The Navy plans to build six carrier battle groups, but the publication said: "The Russian military has a long way to go to recover from 20 years of mismanagement and neglect. "Only 12 nuclear-powered submarines, 20 major surface warships and one aircraft carrier remain in service with the Russian Navy, the last of which is routinely followed by two tugs in case of breakdown," it added."

17,000 more US troops to get orders for Afghanistan: "ABC's Luis E. Martinez reports: When President Obama visits the Pentagon tomorrow he will be presented with plans that by week's end could see as many as 17,000 additional US troops receiving their deployment orders for Afghanistan. Testifying on Capitol Hill today, Defense Secretary Robert Gates told the Senate Armed Services Committee that there is little doubt that Aghanistan is the greatest military challenge for the US right now."

Democrats' economic plan: Blame the Republicans: "What do you expect Americans to do when President Obama tells us we are in `an unprecedented economic crisis'? Is any one surprised when consumers cut back on buying? When companies stop spending money? Unfortunately, Obama's statements aren't new - he made similar statements during the campaign last year. Democratic political consultants have been all over the media making the same claims about us being in `the most unprecedented economic crisis in history.' Of course, the media have been pounding away at this message also. It isn't just that the claim about the `unprecedented economic crisis' is false - it is absurdly false. But by frightening Americans and causing them to change their behavior, they are causing the economic chaos they claim to want to solve."

What will they do with the draft dodgers?: "The idea of rounding up the nation's youth and forcing them to labor in government-assigned jobs is once again back in the news. Coming from an ethics expert, the latest call for a civilian draft squares to a troubling extent with what Rahm Emanuel, President Barack Obama's chief of staff, suggested in a 2006 book, and isn't too far off from what the president himself has endorsed. It's hard to avoid wondering if we're seeing the first signs of a coming policy - and what the consequences will be for Americans who say `no.'"

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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"Some of my best friends are Jews"

As much as I swear off talking about Jewish matters I still seem unable to stay silent about it for long.

There are some politically active people in the Melbourne Jewish community and I do what I can to circulate their material when I can. One of their movers and shakers, Ralph Zwier, has recently written a small article on the old, old controversy about people saying "Some of my best friends are Jews". That remark is, rather paradoxically, usually interpreted as indicating that the person uttering it is antisemitic. So although Ralph and I have had an amicable and frequent correspondence for some time, you can understand why I would never dare to call him one of my best friends!

But isn't that a bit paradoxical? What are genuinely philosemitic people supposed to say? Are they supposed to say: "None of my best friends are Jews"? There is actually an answer to that in the Bible. I find it in three of the Proverbs of Solomon the Wise: "He who flatters a man spreads a net for his feet" (Proverbs 29:5 R.S.V.); "Faithful are the wounds of a friend; profuse are the kisses of an enemy" (Proverbs 27: 6. R.S.V.); "He who rebukes a man will afterward find more favour than he who flatters with his tongue" (Proverbs 28: 23 R.S.V.). In short, a true friend is CRITICAL, but constructively so. So by that standard I think I stand up rather well, in that I have on several occasions (e.g. here) remarked that Jews as a whole tend to be politically stupid and have endeavoured to point to wiser paths that they might follow.

But that does that wash? I perfectly understand that many Jews might see me as being simply impertinent and ignorant. So is it the case that Gentiles are damned whether they speak either good or ill of Jews? Nearly but not quite. Ralph Zwier's point is that antisemites say things which indicate that they have BENEFITED from Jews. the obvious corollary is that a real philosemite would actually do things the other way around: He would do things that benefit Jews rather than seeking benefits FROM Jews. And I think that is a completely commonsense observation. My way of supporting the Jewish community is to defend Israel in any way I can and to donate to Israeli charities. And, Yes, I do have some Jewish friends whom I value greatly.

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ELSEWHERE

Obama hit by Guantanamo reality: "President Obama's plan to close Guantanamo Bay within a year appeared to be unravelling yesterday with the emergence of former inmates on terrorist websites, fierce opposition in the US and a lukewarm response to taking detainees from the European Union. After signing an executive order last week to close the US military prison, Mr Obama has been confronted with myriad obstacles that are making his ambitious pledge look unrealistic. David Miliband, the Foreign Secretary, ruled out the prospect of Britain taking any more inmates, claiming that it had already made a significant contribution. His announcement, at a meeting of EU foreign ministers, came as Saudi Arabia announced yesterday that it had rearrested nine Islamist militants, including former Guantanamo inmates released to the Kingdom who had undergone a re-education programme in Riyadh. Two other former detainees sent home to Saudi Arabia from the prison in November 2007 re-emerged over the weekend on a jihadist website, railing against Britain, the US and Israel and identifying themselves by their Guantanamo detainee numbers. One of the men who appeared on video was Said Ali al-Shihri, now the deputy leader of al-Qaeda's Yemeni branch."

Let 1,000 Republican flowers bloom : "George W. Bush, the leader of the party - and, let's face it, of conservatives - for the last eight years, has only just left town. Fairly or unfairly (mostly unfairly), he ended up a very unpopular guy. It's going to take a while for Republicans to shake free of the Bush effect. And, more important, to shake free of the fact that for the last 14 years, and 26 of the last 28, there's been a Republican president in the White House and/or Republican control of Congress. That's why one has to be careful about what one wishes for. Republicans, newly liberated, need to resist calls to shackle themselves to prematurely announced agendas and already anointed leaders. This is the time for a thousand Republicans to bloom."

Boon or doggle? "Even if government spending in theory could 'stimulate the economy' in a genuine, sustainable way, it would not follow that politicians and bureaucrats would know how to spend the money intelligently. The pressures to do something now and the perverse incentives facing those in charge of the money guarantee there would be more doggle than boon. Government `countercyclical' spending is notorious for kicking in after the recession has passed. The planners' information is necessarily dated, and their capacity to act quickly is overestimated."

No consensus for "stimulus" among economists: "Contrary to claims by the Obama administration, there is no consensus among economists for a 'stimulus' package, much less the trillion-dollar pork-filled 'stimulus' package being crafted by Obama and liberal Congressional leaders. (Many economists oppose it). Even the liberal Washington Post, which has not endorsed a Republican for President since 1952, admitted this today: `Fiscal stimulus is far from a sure-fire remedy.'"

McDonald's posts sizzling 80 per cent profit rise in 2008: "US fast-food giant McDonald's says its 2008 net profit soared 80 per cent from a year, lifted by growing demand from consumers seeking low-cost meals in a deepening global recession. Net profit for the full year totalled $US4.3 billion, compared with $US2.3 billion in 2007, the Oak Brook, Illinois-based company said in a statement. Excluding exceptional items, earnings per share were $3.76, widely exceeding consensus market forecasts of $3.63. The robust annual results came despite a sharp 23 per cent decline in fourth-quarter net profit to $US985 million, from $US1.273 billion in the 2007 fourth quarter. Fourth-quarter earnings per share were 87 cents, above expectations of 83 cents. "2008 was a strong year for McDonald's," chief executive Jim Skinner said in the statement. "Through our strategic focus on menu choice, food quality and value, the average number of customers served per day increased to more than 58 million in 2008."

Financial crisis claims Icelandic government: "ICELANDIC Prime Minister Geir Haarde announced today the immediate resignation of his Government following massive protests over its handling of the country's dire economic crisis. "I'm here to announce that I and the leader of the Social Democrats have decided that we will not continue with the coalition,'' Mr Haarde said, adding that he would seek a broad coalition with all parliamentary parties. The announcement came just days after Mr Haarde called for snap elections on May 9 in which he would not run due to health reasons, after months of protests in the normally calm island nation calling for the Government's resignation. Many Icelanders blame the Government for the collapse of the country's financial sector in October, which led the state to take control of three major banks as the economy and currency plunged amid huge debts. Iceland's President Olafur Ragnar Grimsson formally accepted the resignation a few hours after Mr Haarde's announcement and said he had asked the Cabinet to stay in place until a new government can be formed." [Sad that Iceland has to take the punishment for the destructive legislation of the U.S. Congress]

UK: Data bill "will wipe out privacy at a stroke" : "Sweeping new laws to allow ministers to release the private details of millions of people to a string of public bodies or private firms have been condemned as being `open sesame to a vast increase in government power.' Opposition MPs joined human rights campaigners in attacking the new powers, warning that they could lead to the widespread release of medical records and other sensitive data."

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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