Thursday, December 29, 2011

Keeping all your assets in the USA is unsafe

By keeping all your assets in the country where you live, you commit, ahead of time, to ratify whatever policy your home government might adopt, no matter how objectionable, unreasonable or pernicious that policy happens to be. If the next new mandate is "Register today to get a nail pounded into your head," you're already signed up.

Americans, by and large, run all their affairs within the confines of the US. The US economy is so large and so varied that it's easy to assume that everything you want to do with your wealth can be done without crossing any borders. And people in the US, like people anywhere, live with the habits and attitudes developed over generations. They're only human. In the case of Americans, those habits grew out of long experience with a government that was small and that generally practiced the rare virtue of following its own laws. In a happy exception to mankind's experience with rulers, there was little to fear from it.

Stay at home is still the norm for Americans, but it's a norm that is slowly fading. Every billion-dollar tick of the government debt clock, every expansion of the government's regulatory apparatus, every overreaching judicial decision made in the name of a compelling public need, every inversion of protection for citizens into license for the state and every intellectually tortured discovery of a new meaning in the Constitution's 4,400 old words leaves a few thousand more people wondering how prudent it is to consign all their eggs to a single national basket. Encounters with high-handed IRS agents and eager TSA gropers do nothing to ease that concern. And for those who listen thoughtfully, the messages from our designated leaders and their would-be replacements only hurry the dawning sense of unease.

Specific worries include exposure to predatory lawsuits, especially claims that could draw extra go-power by association with politically favored causes or legally favored groups; fear of where income tax rates might climb; the prospect of losing a family business in a regulatory battle or simply through estate tax; the fragility of financial institutions that have operated for forty years with the assurance that the Federal Reserve would rescue them from any folly; the possibility that a government desperate to protect the dollar from collapse might impose foreign exchange controls or capital controls; the memory and precedent of the forced gold sales of 1933; and the thought that a government floundering in deficits might start pilfering from IRAs and other pension plans.

But beyond those particular worries and perhaps more important than any of them is the sense that from here on, anything goes. The politicians will do whatever they find convenient, because there is no longer anything to stop them – not an electorate that is jealous of its freedoms and certainly not the Constitution, which is now just a playhouse for judicial imagineering. No one can know what's coming next from the government and the financial system it has fostered, but for many of us there is an awful suspicion that we are not going to like it.

Most Americans still have yet to stick a single financial toe across the border, but more and more are considering it. Many, perhaps millions of toes are now twitching at the thought. Their owners want to end their absolute dependence on what happens in the US. They want to prepare for whatever is coming down the road, even though they don't know what it will be. They want to be as ready as possible, even though their worries can only guess at what's ahead.

Because internationalizing your financial life means dealing with the unfamiliar, the project can seem more complex than it really is, so it's best to start with the simplest measures, even if by themselves they don't give you all the safety you're looking for. Even from a simple beginning, what you learn with each step will make the next step easier to plan. Start with the first rung on the ladder of internationalization. Then climb, at your own speed, to reach the right level of protection.

Much more HERE

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The gift of giving

by Jeff Jacoby

OF ALL THE RITUALS that mark this season, none is more misguided than the complaints about how crass and mercenary the holidays have become.

The laments begin early in November, when Santa starts showing up in TV commercials. They surge during the hyperactive shopping weekend that follows Thanksgiving. By the time Christmas (and Chanukah) are actually at hand, you'd have to be in a persistent vegetative state not to hear all the scolding about how the "reason for the season" has been lost amid the buy-one-get-one sales and the over-elaborate mall displays.

Even Pope Benedict joined the chorus this year. In the homily he delivered on Christmas Eve, he deplored "the superficial glitter" of the season, urging the faithful not to confuse the "commercial celebration" Christmas has become with its "true joy and true light."

I wouldn't presume to argue with the pope about the religious significance of Christmas, and I will readily acknowledge that the holiday shopping season can certainly be stressful, expensive, and more than a little materialistic. Nonetheless, as a measure of cultural and communal health, I can't help seeing this yearly impulse to shower friends and family with presents as one of our society's most endearing and heartening traits.

Ten days ago I took my 8-year-old son Micah to a local Dollar Tree Store, where he was eager to spend his savings -- 11 dollars and change, grubbily folded into a miniature wallet -- on Chanukah gifts for his family. We had done this together last year, and Micah had been besieging me to pick an evening when the two of us could make a return trip.

I found it a wonderful experience, no irony intended. Dollar Tree isn't exactly Tiffany & Co., and in any case Micah chooses gifts with all the sophistication and refinement you'd expect from a rambunctious third-grade boy who loves bugs and can never seem to keep his shirt tucked in. The presents he picked out for his mother included a desktop picture frame for her office, glow-in-the-dark necklaces ("Mama can wear them if she goes for a walk at night"), and two boxes of Milk Duds; for his teen-age brother he found an air horn, Lemonheads, and a container of "noise putty" that emits flatulent sounds when poked. A devotee of Martha Stewart Living the kid is not.

But whatever Micah may have lacked in style and taste, he more than made up for with the unfeigned delight he brought to the whole project. He couldn't wait to turn his little clutch of dollars into presents for the people he loves. He wasn't consciously trying to be altruistic or selfless; and he's never given 30 seconds' thought to the meaning of generosity. He was simply excited by the prospect of giving -- and indeed, when the moment came a few nights later to bestow his gifts on his recipients, he was practically bouncing up and down with elation. If this is crass commercialism, let's have more of it.

Would modern society really be improved if the happiness of gift-giving were not an integral part of one special season each year? Granted, anything can be overdone, and materialism is no exception. And it is important to remember that the hustle and pressure of buying presents for loved ones doesn't reduce our obligation to give charitably and generously to the poor.

But how diminished our culture would be without that hustle and pressure. Children learn an important lesson when they see the adults in their world treat the joy of others as a priority worth spending time, money, and thought on. No one has to teach kids to be acquisitive and selfish -- that comes naturally -- but what an inestimable asset they acquire when they find out for themselves that it really is more blessed to give than to receive.

It is only a coincidence of the calendar that links Christmas and Chanukah; theologically the two holidays have little in common. But essential to both Judaism and Christianity is the principle of imitatio Dei, of striving to walk in God's ways, above all by being kind to others as He is kind to us. Isn't that what underlies the expense and scramble of our holiday gift-giving? In lavishing gifts on others, we reflect the openhandedness with which God lavishes gifts on us. Maybe that's not the entirety of the season's "true joy and true light." But if my 8-year-old's unaffected joyfulness is any indication, it makes a great start.

SOURCE

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Occupy Wall Street becomes highly collectible

How sick is this? Empty-headed bums need to be remembered?

Occupy Wall Street may still be working to shake the notion it represents a passing outburst of rage, but some establishment institutions have already decided the movement’s artifacts are worthy of historic preservation.

More than a half-dozen major museums and organisations from the Smithsonian Institution to the New-York Historical Society have been avidly collecting materials produced by the Occupy movement. Staffers have been sent to occupied parks to rummage for buttons, signs, posters and documents. Websites and tweets have been archived for digital eternity, and museums have approached protesters directly to obtain posters and other ephemera.

The Museum of the City of New York is planning an exhibition on Occupy for next month.

“Occupy is sexy,” said Ben Alexander, head of special collections and archives at Queens College, which has been collecting Occupy materials. “It sounds hip. A lot of people want to be associated with it.’’

SOURCE

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Is Obamacare Stopping Businesses From Hiring? Businesspeople certainly think so

BY JOHN STOSSEL

President Obama says his health care “reform” will be good for business. Business has learned the truth.

Three successful businessmen came on my Fox Business show last week to explain how Obamacare is a reason that unemployment stays high. Its length and complexity make businessmen wary of expanding.

Mike Whalen, CEO of Heart of America Group, which runs hotels and restaurants, said that when he asked his company’s health insurance experts to summarize the impact of Obamacare, “the three of them kind of looked at each other and said, ‘We’ve gone to seminar after seminar, and, Mike, we can’t tell you.’ I think that just kind of sums up the uncertainty.”

Brad Anderson, CEO of Best Buy, added that Obamacare makes it impossible to achieve even basic certainty about future personnel costs: “If I was trying to get you to fund a new business I had started and you asked me what my payroll was going to be three years from now per employee, if I went to the deepest specialist in the industry, he can’t tell me what it’s actually going to cost, let alone what I’m going to be responsible for.”

You would think a piece of legislation more than a thousand pages long would at least be clear about the specifics. But a lot of those pages say: “The secretary will determine ...” That means the secretary of Health and Human Services will announce the rules sometime in the future. How can a business make plans in such a fog?

John Allison, former CEO of BB&T, the 12th biggest bank in America, pointed out how Obamacare encourages employers not to insure their employees. Under the law, an employer would be fined for that. But the penalty at present—about $2,000—is lower than the cost of a policy. “What that means is in theory every company ought to dump their plan on the government plan and pay the penalty,” he said. “So you don’t really know what the cost is because it’s designed to fail.”

Of course, then every employee would turn to the government-subsidized health insurance. Maybe that was the central planners’ intention all along.

An owner of 12 IHOPS told me that he can’t expand his business because he can’t afford the burden of Obamacare. Many of his waitresses work part time or change jobs every few months. He hadn’t been insuring them, but Obamacare requires him to. He says he can’t make money paying a $2,000 penalty for every waitress, so he’s cancelled his plans to expand. It’s one more reason why job growth hasn’t picked up post-recession.

Of course, we were told that government health care would increase hiring. After all, European companies don’t have to pay for their employees’ health insurance. If every American employer paid the $2,000 penalty and their workers turned to government for insurance, American companies would be better able to compete with European ones. They might save $10,000 per employee.

That sounded good, but like so many politicians’ promises, it leaves out the hidden costs. When countries move to a government-funded system, taxes rise to crushing levels, as they have in Europe.

Whalen sees Obamacare as a crossing of the Rubicon. “We’ve had an agreement in this country, kind of unwritten, for the last 50 years, that we would spend about 18 to 19 percent of GDP (gross domestic product) on the federal government. This is a tipping point. This takes us to 25 to 30 percent. And that money comes out of the private sector. That means fewer jobs. This is a game-changer.”

He means it’s a game-changer because of the cost. But the law’s impenetrable complication does almost as much damage. Robert Higgs of the Independent Institute is right: If you wonder why businesspeople are not investing and reviving the economy, the answer lies in all the question marks that Obamacare and other new regulations confront them with. Higgs calls this “regime uncertainty." It’s also what prolonged the Great Depression.

No one who understands the nature of government as the wielder of force—as opposed to the peaceful persuasion of the free market—is surprised by this.

SOURCE

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ELSEWJERE

American wealth eroding: "The Federal Reserve is now unleashing American banks from restrictions on dividends. This means Americans are essentially capitalizing Americans banks at a loss while banks are divvying out dividends to make it falsely appear they are solvent. Bank stockholders, including many bank executives, will now reap even larger rewards at the expense of the savings class"

Dorothy Rabinowitz’s attack on Ron Paul: "One of the more fascinating attacks on Ron Paul comes from Dorothy Rabinowitz in the December 22, 2012, issue of the Wall Street Journal. Not surprisingly, given that Rabinowitz serves on the Journal’s editorial board, she goes after Paul for his foreign-policy views. What I found interesting about the article, which is entitled 'What Ron Paul Thinks of America,' is the superficial nature of the attack. Rabinowitz’s article, quite simply, lacks any depth of analysis on the critical points she makes about Paul."

Would Ron Paul have stopped the Holocaust?: "The latest line of attack on the Texas congressman, courtesy of his ex-staffer Eric Dondero, has it that Ron Paul would not have taken us into World War II to stop the Holocaust. 'He expressed to me countless times, that ‘saving the Jews,’ was absolutely none of our business,' Dondero claims. Of course, that’s exactly how Franklin Delano Roosevelt, Harry Truman, and the rest of America’s wartime leaders felt."

Britain’s future lies with America, not Europe: "In 1952, then-U.S. Secretary of State Dean Acheson said that 'Britain has lost an empire but has failed to find a role.' Sadly for Britain, it decided to renounce its longstanding global cultural, legal and philosophical links to North America and instead looked for that role in Europe. Despite its geographic proximity to Britain, the Continent is nevertheless home to a host of cultures, legal systems and governing philosophies very different from those of traditionally liberal Britain. The consequences from that bad choice have bedeviled Britain for decades."

Alcohol pricing: Better England free than England sober: "The Libertarian Alliance, the radical free market and civil liberties institute, today condemns proposals to make it harder for poor people to buy alcohol. The proposals include higher taxes, compulsory minimum prices for drink, further controls on advertising, and power to close down retailers. The only disagreement between the three main parties is how far they wish to go."

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My Twitter.com identity: jonjayray. I have deleted my Facebook page as I rarely access it. For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

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

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

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Wednesday, December 28, 2011

Israel and Christianity

Being an atheist, my church attendance these days is EXTREMELY spotty. Easter and Christmas is about it -- though Anne would be happy if we went more often. Anne is not particularly pious but, like me, she is a CULTURAL Protestant Christian. And culture accounts for a lot. A shared cultural background gives us an instinctive understanding of one-another and a similar response to many things. We are all happiest among our "ain folk", as the Scots put it. That is probably all gobbledegook to most Leftists but the loss is theirs.

I am at the moment in the grip of the joyous Christmas season -- and the hymns and carols that we sing at this time are so Israel-focused that I fail to see how any Christian can NOT be a great supporter of Israel. Pastor Hagee is sometimes berated for his extreme Israel-focus but if I lived in his town I think I might be inclined to attend any special services that he put on.

The Bible is an Israeli book. Even Luke the good physician -- who was not a Jew -- was apparently an Israeli.

So how can we not rejoice at this time over the return of descendants of its Biblical inhabitants to the "Promised Land"? We sing and read so much about that land and the personalities that emerged from it. I see Christians who are not strong supporters of Israel as fake Christians.

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A Christian critique of Christmas

Weak protests about the "commercialization" of Christmas are routine and I think most of us know that most of the traditions associated with Christmas are of pagan origin but the writer below is offended by those pagan origins and sees them as sacrilegious. As with me however, her inherited culture leads her to accept most of the conventional celebrations



The very harsh words written by puritans in Boston 1679-1681 conveyed the message that the celebration of Christmas was basically a satanical practice.

In a nutshell, the puritans felt that since it was the Catholics that proclaimed Christ as being born on December 25th, it therefore was a sacrilege to follow Catholic dogma because they were heretics.

If the judge asked you if you honor Jesus Christ on the celebration of Saturnalia what would your answer be? Yes? Do you honor Christ on the same day as the pagan god? If you aren’t Catholic why would you call it Christmas, Christ-mass? And why would we want to honor our Lord and Savior on the day others are honoring Saturnalia anyway? Doesn’t God detest such practices? When Moses went up to meet God on Mount Sinai, he came back to find his brother Aaron had fashioned idols in order to honor GOD. Isn’t it obvious that God himself has already told us what honors him? Why do we believe that Christmas honors Christ? It doesn’t. It actually puts our Messiah in a boiling caldron with the rest of the false gods and there is nothing honoring in that.

I love Christmas time. I love the lights, music (sometimes), the food and traditions. I love when our families come together, and exchange gifts. But over the years my passion for the baby Jesus has suffered a massive hemorrhage, bled out, shriveled up and died. I killed the tradition of worshiping Christ during Christmas. I wouldn’t dare step foot in a church during the Christmas season now. You’ll be hard pressed to find me in a church at anytime these days. Am I now an atheist? Hardly!

Just because I refuse to mention Christ at Christmas time doesn’t make me an atheist, gnostic, or any other label you’d like to pin to my chest, I simply refuse to allow my Messiah to be grouped in with the fake sun god, Tammuz, Yule, and any other Babylonian or Viking god you can think of. There are some Messianic believers (and Christians too) who have gone so far as to never bring an evergreen tree in the house, or decorate, or make gingerbread men.

I’m not among those who refuse to celebrate the holidays. Some could say “ba humbug to you!” But really, as I said before I enjoy the tree, lights, food and traditions and sometimes the music. I don’t want that to end.

Am I satanical and pagan for having that tree? Some might say I am. I like having a Christmas tree with lights and ornaments. I like giving gifts to my children. It isn’t pagan to me, its a tradition I enjoy. So sue me. LOL I have never worshiped Yule or had his phallic symbol in our home, I’ve never put up images of Saturnalia, and I most certainly do not have any need to tell our children about Santa which is nothing more than a Norse god, and my evergreen tree all decked out with gifts below doesn’t appease any dark god of winter. If I did, then you could say I were pagan and proud. I’m not a secret pagan either. I have friends who are pagans…beautiful lovely people, but that’s not me. No, its just the traditions we’ve grown up with. Would I condemn others for doing it their way? Nope. Would I get mad if others weren’t observing the holidays the way I do? Hell no.

I find it funny how crazy Christians get over Christmas (I can safely say I was in that category for a long time, so I can speak about this from experience, not just observation). They go all out with special services, songs about Jesus’ birth, throw him a party on the 25th and condemn others who want to take Christ out of Christmas.

Why is this funny? Because they want to perpetuate the lie that he was born on the 25th of December and they get offended believing Satan (the FATHER OF LIES) is attacking the holiday. They believe there is a war on Christmas. Yeah there’s a war alright! God is waging war. He never said to honor him with lies. His Son was not born on the sun god’s birthday. Why would anyone who worships the living God choose to honor our Lord and Savior in such a manner? Aren’t we to worship Him in Spirit and in Truth? How does one reconcile themselves to the fact that the whole Christmas season is a lie? To say “Jesus is the reason for the season” is actually a profane statement. True profanity at its finest.

It took a long time for me to let go of the lie of Christmas. There isn’t anything Christ-like in Christmas, no matter how many images of the baby Jesus are on greeting cards, gifts or in television shows. No matter how angry Christians ironically become over Jesus being taken out of the season, its still a lie, and a big one at that.

I know this subject is a bit controversial, but I love talking about controversial things…Christmas being one of them. I’m not sure if I’ve offended anyone, and that is never my intention, but I’m just giving my take on what the Christmas season means to me.

This year none of my children are with me on Christmas. Two are in NJ visiting relatives, one is home with her dog that has an ear infection and one needed to work today. I set up another Christmas date for all of us which is on the 28th this year. I like the idea of not giving in to Christmas dogma. Its very liberating for my children and for us. It means that relatives can have our kids for the holidays and we can make our own very special time together. It wasn’t always like that for me, but as I’ve grown up I’ve mellowed out a bit. As I bring this blog entry to a close, I’m so excited that in a few days all my kids will be together under one roof, joking, eating, enjoy each other and opening gifts.

Have a Merry X-Mas and a Happy New Year!

SOURCE

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Is the whole world now turning towards North Korean economic policies?

Economic historian Martin Hutchinson below is once again pointing to awkward lessons from history

The death of Kim Jong-il, dictator of North Korea since 1994, has been met with near universal condemnation both of his human rights record and his approach to economics. Yet juche, the philosophy of self-reliance underpinning the North Korean economy since his father Kim Il-sung devised it, is far from dead. Instead, as hapless populist leaders search in the current recession for alternatives to the apparently failed 1990s “Washington consensus” version of capitalism, they are in many cases turning to versions of juche, horrible as its record has been in North Korea. Maybe Kim Il-sung, like Karl Marx before him, is destined to inspire millions of deluded followers a generation or more after his death.

The North Korean philosophy of juche was first propounded by Kim Il-sung in a December 28, 1955 speech “On eliminating Dogmatism and Formalism and establishing Juche in ideological work.” Kim urged party functionaries not to import ideas wholesale from the Soviet Union, but to establish North Korea as a revolutionary nation in its own right. The ideology was developed over the next decade, alongside the Kim family’s extreme personality cult, receiving an impetus from the Sino-Soviet split of 1960, and was elaborated in an April 1965 speech, in which it was held to entail political independence, economic self-sustenance and self-reliance in defense. Kim Jong-il elaborated the ideology further in his 1982 “On the juche idea” and added an “army first” policy to it in 1996.

Juche has been held responsible for many of North Korea’s follies, including its universally hostile and deceptive foreign policy and its wayward nuclear program, although many of the Kim regime’s most unpleasant features are common to totalitarian states throughout history. However juche’s economic side, the doctrine of extreme self-reliance, minimizing international trade, investment and contact at every level, is of most interest here.

Self-reliance showed its downside in North Korea in 1994-98, when the country’s GDP halved and its populace descended into famine. However its earlier record was better. As of 1968, fifteen years after the end of the Korean War, North Korea was considerably richer than South Korea. This was only peripherally a result of juche; North Korea had inherited the bulk of the pre-war Japanese industrial plant (little of which had been destroyed by the 1950-53 war) and received considerable help including subsidized energy imports as a member of the Sino-Soviet bloc. After 1970, the subsidies declined and the Japanese equipment wore out, so North Korea entered a period of stagnation.

However the great blow to the juche economy was the fall of the Soviet bloc and the exposure of North Korea to the full force of the international market. Whereas juche had worked reasonably well within a non-market-driven economic bloc containing a third of the world’s population and much of its natural resources, as an eccentric ideology in a world of blistering free trade it proved a disaster. Since 2000, the North Korean economy has subsisted on handouts from its now much richer neighbor to the south and by blackmailing the West through its nuclear program.

There are thus lessons to be drawn from the last fifty years of North Korean economic history. First, any attempt to be self-reliant requires an economic entity that is large enough to produce most of the goods it needs, even inefficiently. North Korea on its own, without the Soviet bloc as friendly neighbors, manifestly fails on this criterion.

Second, and less obviously, juche works better in a world in which it is not particularly outlandish, in which free flow of goods and services is blocked by relatively high tariffs, and in which many other countries are practicing similar policies. In the 1950s and 1960s Britain and much of Europe had exchange controls and high tariffs both internal and external, China was an inward-looking peasant economy and India and most of Latin America were practicing policies of crude import substitution that were to hobble their economies for decades thereafter. The Soviet bloc, above all, devoted much of its output to weaponry and disabled the price mechanism through central planning. Only the United States practiced something close to free trade and unrestricted international investment, while Japan initially and the remainder of east Asia later built their economies on their export prowess to U.S. and European markets, without any corresponding domestic opening.

In the 1990s, conversely, exchange controls were a thing of the past, as was the Soviet bloc. International trade was at record highs, and international investment was finally returning to its apogee of 1914. Even more disruptively, the advent of the Internet during the decade made international supply chains far easier to manage than they had ever been before, leading to a massive boom in emerging markets that is still with us. In such a world, North Korean economic methods that had worked adequately in a more restricted world fell apart completely. Juche was much more outrageously sub-optimal in 1998 than it had been in 1968; thus the collapse of the North Korean economy in the middle 1990s.

Juche is thus a completely discredited economic ideology – except that today you can see elements of juche creeping into economic policy all over the world. Mercosur, the trade bloc including Brazil, Argentina, Uruguay, Paraguay and soon Venezuela, has just agreed to choose 100 imports on which it will impose 35% tariffs. Brazil itself has imposed a 30% tariff surcharge on imported automobiles. All five Mercosur leaders are leftists, elected in a reaction to the previous policies of economic liberalization; their natural instinct is to protect their economies from what they see as destructive global competition. Then you have the “anti-dumping duties” imposed by the U.S. on Chinese tires and the countervailing duties imposed by China on imports of U.S. automobiles. In India, the impulse to free markets under Atal Bihari Vajpayee (1998-2004) is long gone; the current government has hurriedly reversed a decision to open Indian retailing a fraction further to foreign investment.

Then you have the EU, not seen by most of its keenest supporters as a free trade zone – that’s a myth cooked up for the gullible British – but as a closed system strong enough at last to repel the hated influence of the United States and Asia. The attempt to battle against market forces which correctly flag the Greek economy as hopelessly uncompetitive at current exchange rates is a classic of juche thinking. So too is the German energy subsidy system, now copied by other EU countries, which allows multiple state-favored energy inputs at non-market prices, while a certification system is used to exclude Chinese wind turbine manufacturers. Even in stock exchanges, now the leading edge of globalization, the Deutsche Boerse-NYSE deal is being stymied by regulatory opposition at the European end, while having been let through by the U.S. authorities.

The current global flowering of juche is not surprising. In the Great Depression, not only did the United States raise its tariff barriers to inordinate levels by the Smoot Hawley absurdity, but even the normally free-trading Britain tried to produce a self-reliant Imperial market through the Ottawa Agreement of 1932. The result of the latter was a nice rebound of the British economy in the 1930s, but the gradual collapse of British manufacturing in sector after sector when it was exposed to the full rigors of international competition after World War II. It must not be forgotten that no Soviet era industrial behemoth fared so hopelessly in international competition as did the 1970s British Leyland. My father’s long standing ambition was to own a Jaguar; he achieved this ambition in 1973, poor man. British Leyland’s torture of an innocent customer by its abysmal quality control of that era will not be soon forgiven!

Thus you should not imagine for a second that Kim Il-sung’s juche ideology works in terms of providing long-term prosperity. Wherever it has been tried to any but the most minimal extent it has impoverished its people, as surely as it has in North Korea. In a world where the free market is working properly, like the global economy before 1914, or that of 1990-2008, only a lunatic would attempt it. However when the global economy suffers a prolonged setback, as in the 1930s or recently, a juche approach becomes increasingly attractive politically. What’s more, if the rest of the world is itself indulging in anti-competitive activities, or blocking the free movement of goods and capital, juche becomes less sub-optimal and can even work partially, for a time. Only when the system liberalizes once more does the extent of its failure become apparent.

Maybe we will soon lift out of the current global economic problems, and the world’s attempts to reproduce North Korean economic policies will be seen as a minor blip in a free market system. But there is an alternative possibility, in which the market-distorting policies themselves do enough economic damage that the global recession becomes indefinitely extended, and growth worldwide shudders to a halt or even reverses. Indeed the globalization process, producing as it does a shift in wealth from the West to emerging markets, could in a prolonged recession provide the seeds of its own downfall. Japan, the United States and western Europe, countries that still collectively retain much of the world’s economic clout but feel their economic welfare declining, could conceivably indulge in an orgy of juche-inspired policy self-destruction.

In that case Kim Il-sung, evil tyrant that he was, will have become the leading economic inspiration of the unhappy 21st century.

SOURCE

My Twitter.com identity: jonjayray. I have deleted my Facebook page as I rarely access it. For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

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

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

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

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Tuesday, December 27, 2011

A great speech by a real entrepreneur

And all in a delightful Irish accent



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Whose Country Is It Anyway?

Pat Buchanan

Half a century ago, American children were schooled in Aesop's fables. Among the more famous of these were "The Fox and the Grapes" and "The Tortoise and the Hare."

Particularly appropriate this Christmas season, and every Christmas lately, is Aesop's fable of "The Dog in the Manger." The tale is about a dog who decides to take a nap in the manger. When the ox, who has worked all day, comes back to eat some straw, the dog barks loudly, threatens to bite him and drives him from his manger. The lesson the fable teaches is that it is malicious and wicked to deny a fellow creature what you yourself do not want and cannot even enjoy.

What brings the fable to mind is this year's crop of Christmas-haters, whose numbers have grown since the days when it was only the village atheist or the ACLU pest who sought to kill Christmas. The problem with these folks is not simply that they detest Christmas and what it represents, but that they must do their best, or worst, to ensure Christians do not enjoy the season and holy day they love.

As a Washington Times editorial relates, the number of anti-Christian bigots is growing, and their malevolence is out of the closet: "In Leesburg, Va., a Santa-suit-clad skeleton was nailed to a cross. ... In Santa Monica, atheists were granted 18 of 21 plots in a public park allotted for holiday displays and ... erected signs mocking religion. In the Wisconsin statehouse, a sign informs visitors, 'Religion is but myth and superstition that hardens hearts and enslaves minds.' A video that has gone viral on YouTube shows denizens of Occupy D.C. spewing gratuitous hatred of a couple who dared to appropriate a small patch of McPherson Square to set up a living Nativity scene."

People who indulge in such conduct invariably claim to be champions of the First Amendment, exercising their right of free speech to maintain a separation of church and state. They are partly right. The First Amendment does protect what they are doing. But what they are doing is engaging in hate speech and anti-Christian bigotry. For what is the purpose of what they are about, if not to wound, offend, insult and mock fellow Americans celebrating the happiest day of their calendar year?

Consider what this day means to a believing Christian. It is a time and a day set aside to celebrate the nativity, the birth of Christ, whom Christians believe to be the Son of God and their Savior who gave his life on the cross to redeem mankind and open the gates of heaven.

Even if a man disbelieves this, why would he interfere with or deny his fellow countrymen, three in four of whom still profess to be Christians, their right to celebrate in public this joyous occasion?

This mockery and hatred of Christmas testifies not only to the character of those who engage in it, it says something as well about who is winning the culture war for the soul of America.

Not long ago, the Supreme Court (1892) and three U.S. presidents -- Woodrow Wilson, Harry Truman and Jimmy Carter -- all declared America to be a "Christian nation." They did not mean that any particular denomination had been declared America's national religion -- indeed, that was ruled out in the Constitution -- but that we were predominantly a Christian people.

And so we were born. Around 1790, America was 99 percent Protestant, 1 percent Catholic, with a few thousands Jews. The Irish immigration from 1845 to 1850 brought hundreds of thousands more Catholics to America. The Great Wave of immigration from 1890 to 1920 brought millions of Southern and Eastern Europeans, mostly Catholic and Jews. As late as 1990, 85 percent of all Americans described themselves as Christians.

And here one must pose a question. How did America's Christians allow themselves to be dispossessed of a country their fathers had built for them?

How did America come to be a nation where not only have all Christian prayers, pageants, holidays and holy days been purged from all government schools and public institutions, but secularism has taken over those schools, while Christians are mocked at Christmas in ways that would be declared hate crimes were it done to other religious faiths or ethnic minorities?

Was it a manifestation of tolerance and maturity, or pusillanimity, that Christians allowed themselves to be robbed of their inheritance to a point where Barack Obama could assert without contradiction that we Americans "do not consider ourselves to be a Christian nation"?

What are these Christmas-bashers, though still a nominal minority, saying to Christians with their mockery and ridicule of the celebration of the birth of Christ? "This isn't your country anymore. It is our country now." The question for Christians is a simple one: Do they have what it takes to take America back?

SOURCE

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Feds' War on Religion

I am very disappointed by the dissolution of religious liberties in the U.S. military. Times have sadly and radically changed since my father served in World War II, since I served four years in the Air Force and since my two brothers, Wieland and Aaron, served in the Army in Vietnam. (My brother Wieland paid the ultimate price there in the line of duty.)

I thank God that I served in the Air Force during a time in which moral absolutes and a deep reverence for God pervaded culture, especially the military. No service member was ashamed or afraid to express his faith in God or his Christian beliefs. In fact, the very thought that service members would somehow have to protect or defend their Christian faith would have seemed ludicrous.

Remember that it was only a few short decades ago when a commander in chief spoke passionately about his Christian faith. President Ronald Reagan said this before the lighting of the national Christmas tree Dec. 16, 1982: "In this holiday season, we celebrate the birthday of one who, for almost 2,000 years, has been a greater influence on humankind than all the rulers, all the scholars, all the armies and all the navies that ever marched or sailed, all put together. ... It's also a holy day, the birthday of the Prince of Peace, a day when 'God so loved the world' that he sent us his only begotten son to assure forgiveness of our sins."

The First Amendment secures our total religious rights and liberties: "Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof." The American Civil Liberties Union and like-minded groups, such as the Freedom From Religion Foundation, are not preserving First Amendment rights; they are perverting the meaning of the establishment clause (which was to prevent the creation of a national church like the Church of England) and denying the free exercise clause (which preserves our right to worship as we want, privately and publicly). Both clauses were intended to safeguard religious liberty, not to circumscribe the practicing of religion. The Framers were seeking to guarantee a freedom of religion, not a freedom from it.

I respect all religions but adhere to one. I believe what Benjamin Rush -- a signer of the Declaration of Independence and a member of the presidential administrations of Adams, Jefferson and Madison -- wrote: "Such is my veneration for every religion that reveals the attributes of the Deity, or a future state of rewards and punishments, that I had rather see the opinions of Confucius or Mohammed inculcated upon our youth than see them grow up wholly devoid of a system of religious principles. But the religion I mean to recommend in this place is that of the New Testament."

Friends, now is not the time in the history of our republic to be sheepish about our patriotism or religious convictions, as so many of our leaders are. Now is the time to demonstrate with boldness in what and whom we believe. That is the type of leader and president that we need in America's future.

Whatever your religious persuasion, don't be ashamed of it. And don't hesitate to let others know where you stand, respectfully speaking. Freedom of speech and religious liberty are your First Amendment rights. This is America. And that's one of the things that still make us a great nation. In God we trust.

SOURCE

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Time For a Healthy Change

It’s an iron law of economics: You can’t get something for nothing. And yet politicians love to promise to hand out benefits, but are often reluctant to pay for them. So something’s got to give.

As proof, look across the pond, to Great Britain’s “free” health care system. There, patients “are facing more pain and longer waits,” the Associated Press reports. “That’s because the National Health Service is being forced to trim 20 billion pounds ($31 billion) from its budget by 2015, as part of the most radical changes made since the system was founded more than 60 years ago.” And “free” health care is only going to get more expensive, for taxpayers and patients.

The British government plans to fire some 20,000 health care workers and close a large number of hospitals. Even so, health care analysts there say hospitals are making patients wait for care, in the hope that some will decide to pay for it themselves or die while waiting.

“At some point, we’ll have to look at what the boundaries are of what governments provide and what people will be paying for themselves,” Mark Pearson, head of health at the Organization for Economic Co-operation and Development in Paris, told AP. “At the moment, countries aren’t ready to have that discussion yet, but that breaking point will come one day.”

Maybe it’s time to have exactly that conversation here in the U.S. Medicare would provide the ideal opportunity.

“Before concluding work for the year, Congress must tackle other major issues as well, including figuring out how to avert a scheduled deep cut in reimbursement rates paid to doctors under Medicare,” the Washington Post reported on Dec. 12.

But why? The deep cut is supposed to be a feature, not a bug. In an attempt to rein in Medicare spending, Congress created a payment formula that would supposedly have trimmed reimbursment payments to doctors every year since 2003.

Instead, lawmakers have chosen to override their own price controls. “Congress has voted repeatedly to temporarily extend or increase existing reimbursement rates through deficit spending,” Peter Suderman wrote in Reason magazine. “The temporary patches have substituted for permanent fixes because no one knows how to pay for a long-term fix. But by relying on a series of temporary patches, Congress has made it even more expensive to enact a long-term fix.”

Because lawmakers have voted to cancel the annually-scheduled cuts, physician reimbursement rates are set to plunge by almost 30 percent next year. That’s the cut that the Post notes Congress intends to avoid with the latest version of what’s now called “Doc fix” legislation. But, again: why change the policy every year at the last minute? All year long lawmakers pretend they intend to change Medicare, and they end up not only preserving it, but making it more expensive.

Here’s an idea. Instead of simply passing “Doc fix” year in and year out, let’s actually fix the problem by “bending the cost curve” and holding down Medicare expenses.

Earlier this year, Rep. Paul Ryan introduced a plan that would transform Medicare for anyone under the age of 54. When these people retired, they’d be given a voucher that would be used to buy private insurance.

It’s a solid idea. Retirees could pick and choose what plan would work best for them. They’d have a personal involvement in their health care, and in holding down costs. As for whether these retirees could actually handle the responsibility, remember that they’ve been buying and selling things: houses, cars, food, all their lives. They’ve raised children, held jobs, planned weddings, run businesses. They’re certainly capable of selecting a plan that provides for their health care needs.

These plans don’t exist yet, of course. But they’d spring up if people actually had Medicare vouchers to spend. And the price competition would hold costs down much more efficiently than Congress’ failed spending caps have.

The federal government can’t go on borrowing almost half of what it spends today from tomorrow’s taxpayers. We need to change course, before an iron law of economics crushes us the way it’s already crushing democracies in Europe.

SOURCE

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State Legislatures Take on “Judicial Hellholes” that Undermine Business

Some state legislatures are taking a stand against abusive litigation practices that drive up costs for consumers and discourage business, according to a new report from the American Tort Reform Foundation (ATRF). Even as it identified “judicial hellholes” where judges apply the law against defendants in a manner that is considered unfair and unbalanced, ATRF called attention to “points of light” throughout the country where state lawmakers are taking a stand against runaway litigation practices.

“State legislatures enacted nearly 50 civil justice reforms in 2011,” the report says. “These included comprehensive tort reform packages in Wisconsin, Tennessee, Alabama, and North Carolina, and more targeted reforms in Arizona, Florida, Indiana, Kentucky, Missouri, North and South Dakota, Oregon, Pennsylvania, South Carolina, and Texas.”

Some of these reforms include new measures that guard against the use of “junk science” in court and limiting liability to landowners in cases where those who are injured were trespassing. ATRF also highlighted encouraging court rulings in jurisdictions that are typically weighted against civil defendants.

Even so, the nation has a long way to go before abusive litigation practices are brought to heal as the report makes clear. The following areas have been identified as the top “judicial hellholes” for 2011: the states of California and West Virginia, along with local jurisdictions, Philadelphia, Pennsylvania, South Florida, Madison and St. Claire Counties in Illinois, and New York City and Albany, New York.

Americans for Limited Government president Bill Wilson notes that, “job creation and investment in a state is often dictated by the litigation climate within that state. Simply put, those states which give the trial lawyers free rein to drum up nuisance law suits struggle to compete for business investment with those who have reasonable tort liability rules.”

Beyond the states and localities named as “judicial hellholes,” some other jurisdictions were named as being just on edge of falling off into the abyss.

Louisiana, for example, has been placed on the “hellhole watch list” as result of so-called “legacy lawsuits” that based on contamination allegations against well sites that are highly questionable in many cases.

“This is not the first time Louisiana has been called out on the national stage for its poor legal climate, and whether we like it or not, reputation matters,” Melissa Landry, executive director of Louisiana Lawsuit Abuse Watch (LLAW) said. “The perception of a state’s legal climate affects how companies do business, and where they decide to invest and create new, well-paying jobs.”

The legal climate also affects each state’s competitive posture, the report notes. Although Louisiana has enormous economic potential, it is at a competitive disadvantage against neighboring states of Mississippi and Texas, which less are burdened by the threats of specious, business killing litigation.

SOURCE

My Twitter.com identity: jonjayray. I have deleted my Facebook page as I rarely access it. For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

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

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

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Monday, December 26, 2011

Hate is a powerful motivator

And it drives Leftists on continually

They just don't know when to quit. Consumed with the singular task of re-electing Barack Obama, progressives across the country will use the holiday season to propagandize their conservative relatives and friends. White House elves are directing the re-education Christmas camp efforts.

On Tuesday, the Obama 2012 campaign released an instructional video titled "Home for the Holidays: Share Why You're Working to Re-elect President Obama." Instead of relaxing with loved ones, the president's monomaniacal campaign staff and volunteers provide "pointers" and "strategies" for converting their "stubborn" families.

Not coincidentally, the operatives at MoveOn.org -- funded by Obama donor George Soros -- spearheaded a similar holiday re-programming effort at Thanksgiving. Headlined, "Your Conservative Uncle," the group urged supporters (and e-mailed public school teachers across the country whether they approved of the message or not) to "correct" family members who watch Fox News or listen to Rush Limbaugh.

Hark, hear the talking points.

The slickly produced Obama video spotlights testimonials from exasperated young people speaking condescendingly of their Republican-voting fathers and grandmothers. Obama, says one, is the "politician of my generation." He's a "people's man," preaches another. Those who disagree are ignorant, "stuck in their ways" and "works in progress," the campaign drones complain.

"If the conversation at the dinner table turns to politics over the holidays," they advise, "don't just quickly change the subject. As you head home this weekend, think about how you'll steer the discussion to the progress we've made over the past three years -- from health care to ending the war in Iraq -- and why the people you're passing the mashed potatoes to should support President Obama in 2012."

If those people happen to be medical device makers hit by hidden Obamacare taxes or small business-owners still wondering why Big Labor cronies got regulatory waivers while they didn't, the mashed potatoes might rightly end up somewhere other than on guests' plates.

Team Obama and their acolytes mock conservative family members who won't sing from their hymnbook, but fail to address the commander in chief's own Boy in the Bubble syndrome. The video also whitewashes away mounting left-flank gripes -- like those of former White House cheerleader and Hollywood liberal activist Matt Damon, who this week challenged the president's, er, manhood.

"I've talked to a lot of people who worked for Obama at the grass-roots level," Damon told Elle Magazine. "One of them said to me: 'Never again. I will never be fooled again by a politician.' ... You know, a one-term president with some balls who actually got stuff done would have been, in the long run of the country, much better."

Just like their dear leader, the Obama pep-and-prep squad is convinced that the problem is their communication of White House policies instead of the costly, failed, corrupted policies themselves. If only Grandma would watch Obama's Osawatomie speech on YouTube one more time. If only Uncle George would just be quiet and absorb one more indignant lecture from his Occupy Wall Street-championing niece or nephew.

The left's single-minded holiday soldiers remind me of journalist Ambrose Bierce's famous diagnosis: "A bore is a person who talks when you wish him to listen." There's a time for political proselytizing. There's a place for ideological battles. And there's a moment when you should give it all a rest.

It's ridiculous to squander precious time with family and friends on partisan squabbles. Shouting over turkey about the payroll tax holiday? Turning the New Year's Eve Party into a Democratic evangelical service? Severing lifelong relationships over Kabuki Beltway brawls? My Christmas wish is for a collective deep breath and a dose of perspective before America hurtles into the 2012 presidential primaries and caucuses.

This is the time to celebrate the gift of life. I'll be counting my blessings, enjoying the company of loved ones regardless of their voting records and engaging in prayerful reflection. And when a liberal family member passes the mashed potatoes, I'll have only one thing to say: Would you mind passing the gravy, too? Thanks.

SOURCE

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The Government Grinches That Stole Christmas

‘Tis the season for every media outlet, blog, or writer to put out a “Top List” of the year. Instead of the usual top hits or highlights of the year, it’s worth remembering why this was one of the roughest years for small business owners at the hands of our own government. Herein our own list of the Grinches that tried to replace holiday cheer with a goody bag of ill-considered, overly onerous rules and regulations and other assorted job killers this year.

NLRB Speedy Election Rule: Just in time for Christmas, the National Labor Relations Board this week published its final version of a rule that will intentionally speed up elections for employees deciding whether they want to join a union—so that employers don’t actually have time to comply with all the agency’s arcane laws and talk to their employees. The result will inevitably more people in a union who have no idea what it’s going to mean for their work lives, retirement security, and ability to advance based on their own merit.

And just to throw in its own version of gift wrapping, the same NLRB is attempting to push through a rule forcing 6 million workplaces to post “notices” that are little more than glossy advertisements for joining a union. Think Normal Rockwell shills for Teamsters.

EPA: Led by Administrator Lisa Jackson, the EPA has been on an aggressive regulation push this year with rewriting air quality codes and using sustainability as argument to leverage control over business. In Texas alone new EPA rules have cost the state thousands of jobs and have halted in some cases energy production which increases the cost of gasoline. Nationwide the cost of compliance with the new EPA regulations to businesses will be in the hundreds of billions.

The Dark Angel atop the tree—ObamaCare: While not enacted in this calendar year, the costs and hidden surprises of this job killing monstrosity continue to spring forth. Once fully functional there will be a sharp increase in layoffs for employers who cannot afford to keep up with the increased costs. The repeal of this legislation is at the top of many small business owners wish list.

Gibson Guitars Raided: The Little Drummer Boy had to be thankful that he did not meet the same fate as his buddies in the guitar business. The iconic American instrument company was raided by Feds who accused the company of selling “illegal wood” that it had legally obtained. The final sour note: the government basically acknowledged the company would have an easier time manufacturing its products overseas.

Uncertainty: As business owners, we have to be planners. Profits, losses, expenses, payroll, etc all need to be mapped out and predictable so that determinations can be made about whether to expand, to hire, or to sometimes even downsize.

One of the most harmful things this Administration has done for business and jobs is to create a environment of absolute uncertainty. What new costly regulations might add to our overhead? What new taxes or mandated benefits might make the new employees unaffordable? We just don’t know, and that’s a big problem. It’s a lot having to wonder every time you make a business decision whether you’ll shoot your eye out with that brand-new Red Ryder carbine-action, two hundred shot Range Model air rifle with a compass and this thing which tells time built right in to the stock.

If our elected representatives wanted to ring in the new year with a serious resolution for enabling economic growth led by job creation, checking this list twice—and then undoing it—would be a great gift to all those looking for a happier holiday next year.

SOURCE

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'Dysfunctional' government is a feature, not a bug

by Jeff Jacoby

YOU DON'T NEED ME to tell you that the chattering class is appalled by the partisan gridlock and political bickering that keeps Washington from dealing efficiently with the nation's problems. Last week Gallup measured Congress's job approval at 11 percent, a new low. Heading into Christmas week, you could hardly open a paper or turn on the radio without encountering a wave of dudgeon over the latest legislative squabble -- a standoff over extending a payroll tax cut that expires on Dec. 31. "Just when you thought the mess in Washington couldn't get any messier" was the way an exasperated Washington Post editorial began, while a columnist in The Examiner pronounced the wrangling on Capitol Hill "almost a parody of Washington dysfunction."

So what else is new? Last month it was the failure of the so-called Supercommittee to agree on a package of budget cuts that was said to epitomize the federal establishment's fecklessness. In the spring and summer it was the protracted fight over the federal debt ceiling and Standard & Poor's downgrade of US Treasury bonds. Before that there were the polarizing confrontations over stimulus spending, financial-industry regulation, and Barack Obama's massive health-care overhaul.

Two years ago Newsweek was lamenting that partisan politics had turned this nation into "America the Ungovernable." The liberal newsweekly was in a lather over the political forces conspiring "to prevent President Obama from running the country effectively," and was upset in particular because Massachusetts had just elected a Republican, Scott Brown, to the US Senate. That meant another vote for the GOP's "agenda of pure nihilism," Newsweek fumed, and more of the "political impotency that has come to define the United States in the 21st century."

These days liberals think rather better of Brown, who has positioned himself as the Senate's least conservative Republican and who issues statements condemning "gridlock and partisanship" as "disgusting." When Brown broke with House Republicans over the payroll-tax extension last week, Doris Kearns Goodwin sang his praises on MSNBC: "If there were more Scott Browns … then perhaps this partisanship would not be as dysfunctional as it is because he's able to cross party lines."

Of course "this partisanship" would also be less "dysfunctional" if more Democrats decided to cross party lines. It takes two political parties to bring Congress to a standstill, after all. Either one can always speed up the legislative process by yielding to the other.

But our democratic republic wasn't designed for speed or legislative efficiency. Alexander Hamilton: Impediments to legislative efficiency were built in to the constitutional system "to increase the chances . . . against the passing of bad laws through haste, inadvertence, or design."

The Framers of the Constitution never expected Congress to clear the decks for sweeping presidential action. They weren't troubled by fears that America would be rendered "ungovernable" by the ease with which new laws or major policy changes could be delayed or derailed. What the smart set bewails today as "gridlock" or "brinksmanship" or an "agenda of pure nihilism," the architects of the American system regarded as indispensable checks and balances. They knew how flawed human beings can be, and how ardently propelled by their passions and ideals.

That was why they regarded restraint -- not speed, not deference to presidents, not bipartisan cooperation, not administrative expertise, not popular opinion -- as the linchpin of their constitutional plan. "Impressions of the moment may sometimes hurry [Congress] into measures which itself on mature reflection would condemn," Alexander Hamilton wrote in Federalist 73. They may not have envisioned Supercommittees, Gallup polls, or MSNBC. But they knew that presidents and lawmakers would always be under pressure to act too fast, do too much, decide too quickly.

So it was essential, Hamilton said, that hurdles and roadblocks be incorporated into the constitutional structure -- "to increase the chances in favor of the community against the passing of bad laws through haste, inadvertence, or design." True, that might sometimes hold up needed change. But "the injury which may possibly be done by defeating a few good laws will be amply compensated by the advantage of preventing … bad ones."

The system was meant to be frustrating, and frustrating many have found it. Just this year, North Carolina's governor suggested that congressional elections be "suspended" for two years, so lawmakers could act without fear of being rebuked at the polls. It would be "very tempting," President Obama mused in July, "to bypass Congress, and change the laws on my own."

Such frustration is understandable. It is also one of the safeguards of American liberty. Our constitutional republic has thrived for more than two centuries, but it might never have done so without the "gridlock" and "dysfunction" we love to hate.

SOURCE

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The legacy of the "Dear Leader"

Kim was a man on his own mission - to enrich himself, maintain power at any price, and to crush anyone who stood in his way. He was, in short, his father's son. It is hard to overstate the level of oppression he exerted on the population of the Hermit Kingdom. The abuses in North Korea under his rule were among the most severe in the world in the last 20 years.

As pro bono counsel to Havel, Elie Wiesel and former Norwegian Prime Minister Kjell Magne Bondevik, I worked with the Committee on Human Rights in North Korea and produced two reports on the human rights and humanitarian situation in the country.

We concluded that North Korea was committing crimes against humanity against its own people. During its late 1990s famine, some one million people and perhaps many more died, and the population remains at constant risk of starvation with some 37 per cent of children chronically malnourished.

North Korea also operates a vast gulag system, with some 200,000 people imprisoned for real or imagined offences. These camps impose a brutal regimen on their populations, including forced labour, starvation-level rations, and widespread torture.

It is estimated more than 400,000 people have died in these camps in the past two decades.

SOURCE

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ELSEWHERE

SC: DoJ nixes voter ID law: "The Justice Department on Friday rejected South Carolina’s law requiring voters to show photo identification at the polls, saying it makes it harder for minorities to cast ballots. It was the first voter ID law to be refused by the federal agency in nearly 20 years. The Obama administration said South Carolina’s law didn’t meet the burden under the 1965 Voting Rights Act, which outlawed discriminatory practices preventing blacks from voting."

“Systemic risk” for profit: "It isn’t for poor, laboring Europeans that the continent’s 'public servants' sought to swell the state. Whatever their dishonest fustian about social and economic justice, the ruling class served not to attack Europe’s private sector banks, but to accommodate them. In Europe, economic centralization has witnessed big government grow in tandem with big business, which has goaded the development of a legal and regulatory regime that disqualifies small competitors."

No, Melissa, there isn’t a Santa Claus: "Reliance on bureaucrats is a necessary part of government, but hardly desirable. Bureaucrats are supposed to serve the public. Economic science points to agency problems in public bureaucracies. Bureaucrats, as agents of the public, should serve the public. Since neither elected officials nor ordinary citizens have strong incentives, let alone enough time, to monitor bureaucrats, these functionaries have leeway to pursue their own interests, at the expense of the general public. Bureaucrats have poor reputations for public service, and deservedly so."

Patria, parenti, amici: "There is one obvious difference between nationalism and familial favoritism. Familial favoritism is a deep and ineradicable part of the human psyche, thanks to many millions of years of evolution. Nationalism -- and expansive tribal identities more generally -- pretends to be equally fundamental, but it's largely cheap talk. People happily give tons of free stuff to their children. But you need coercion to make people surrender more than a pittance to their 'fellow citizens"

There is a new lot of postings by Chris Brand just up -- on his usual vastly "incorrect" themes of race, genes, IQ etc.

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My Twitter.com identity: jonjayray. I have deleted my Facebook page as I rarely access it. For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

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

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

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Sunday, December 25, 2011

A magnificent Christmas occasion

Four of us got to the sung Eucharist at St. John's cathedral in good time this morning. We arrived early so got good seats. It was a great celebration.

The opening hymn was that great hymn of faith: "O come all ye faithful". With a mighty organ located high up near the stone-vaulted ceiling and a big congregation lustily singing, the performance was as impressive a beginning to the service as one could wish. And the ecclesiatical procession with its various crosses, banners, vestments etc was so long that it lasted almost until the end of the hymn. Practically everyone associated with the cathedral must have been present and robed up.

Just about everything that could be done in an Anglican service was done, including a good bit of Anglican chant, which I rather like. It has a sort of eerie and timeless feel to it for me. I imagine that they did something similar in the temples of Isis and Osiris in ancient Egypt.

The censer was deployed energetically on several occasions, so much so that the transept was almost filled with smoke at one stage. Quite strangely however, I heard no bells during the service. "Bells and smells" normally go together

But we got to sing a lot of the great traditional hymns so that was the best part. Being an atheist, I don't participate in the prayers but I can't resist the hymns. They are a wonderful testimony to the faith that built Western civilization.

MERRY CHRISTMAS AND A HAPPY NEW YEAR TO ALL WHO COME BY HERE

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Is this the best Christmas message ever?

It may run slowly today because a lot of people will be accessing it, overloading the servers



It still reduces me to tears. When will we see the like of him again?

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Scrooge: The First 1 Percenter

Ebenezer Scrooge did more good as a businessman than as an altruist

I have no idea whether Charles Dickens, if he were alive today, would have joined the Occupy Wall Street movement. Given the revulsion he expressed when America’s riff-raff had the temerity to become overly familiar on his two visits to this country, one may doubt his commitment to overthrowing society’s class structure. Despite this, he may still be considered among the movement’s intellectual forerunners. For it was he, in the person of his literary creation Ebenezer Scrooge, who gave the world a character who embodied all of the evil traits the Occupiers attribute to today’s 1 percent. In fact, Scrooge might, in many ways, be considered the literary patron saint of the Occupy movement. Who among them does not dream of a time when today’s 1 percent will find the same inspiration Scrooge did, and give away their riches to “more deserving” folk? Oh wait. The occupiers don’t want the rich to give their money away to the charities of their choice. They want the government to take the wealth of the rich and give it away according to the Occupiers’ desirers.

Either way, such actions are not really going to do much to improve the human condition. I contend that Scrooge, before he became “enlightened,” was already doing more to help his fellow man than any of the other main characters we meet in A Christmas Carol. Moreover, by giving away a substantial portion of his accumulated fortune, he drastically reduced his ability to do even more good in the world.

Scrooge was a “man of business” and evidently a shrewd and successful one. Although Dickens fails to tell us exactly what line of business Scrooge is in, a typical 19th-century “man of business” could be expected to involve himself in many endeavors — what investment advisers today refer to as diversifying one’s risk. One can infer from A Christmas Carol that Scrooge was a financier, who lent money to both businesses and individuals. He also spent long hours at the Exchange, probably speculating on commodities, buying and selling government debt, and purchasing and selling shares in various joint stock companies.

We can also infer some things about Scrooge that Dickens does not tell us directly. He left boarding school early, supposedly because his father had a change of heart toward him and wanted him home. A lack of finances may also have had something to do with it, as Scrooge’s formal education ended early and he was apprenticed as a low-level clerk to a tradesman — Mr. Fezziwig. From this low start, Scrooge exhibited a relentless drive that eventually made him rich. Along the way, his business had to survive the Napoleonic Wars, adapt to the Industrial Revolution, and fight its way through several severe economic depressions. In fact, in the year A Christmas Carol was written (1843), Britain was just coming out of a five-year economic slowdown in which only the most nimble and carefully managed enterprises survived. During Scrooge’s business life, upwards of 100 businesses failed for every one that succeeded. Scrooge must have been a very good businessman indeed.

There is no hint that, as Scrooge went about making his fortune, he was ever tainted with any scandal. He appears to be a well-respected, if not overly liked, member of the Exchange. This speaks well for his probity and recommends him as man with a reputation for fair and honest dealing with other businessmen. He probably drove a hard bargain, but that is the nature of business, and his firm’s survival as a going concern depended on it. As Scrooge is trying to keep his doors open in the midst of a great economic downturn, one should not be surprised that he is cutting firm expenses by reducing coal usage. Still, he is not being overly stingy by paying his clerk, Bob Cratchit, 15 shillings a week. According to British Historical Statistics, 15 shillings a week was about the average for a clerk at the time, and nearly double what a general laborer earned. While Cratchit may have to skimp to make ends meet, he is paid enough to own a house and provide for a rather large family. Cratchit is not rich, but by the standards of the time he is doing well. Besides, given the hard economic times, he is lucky to have any job at all. If Scrooge had not been careful with his money, his firm would have folded, and then where would Cratchit be? We may of course also infer something about Cratchit that goes unstated in Dickens’s work. His inability over perhaps two decades to advance himself or secure a better position with a more benevolent boss betrays a singular lack of ambition on his part.

Dickens doesn’t describe how Scrooge dressed. Scrooge must, however, have comported himself in a manner that was customary among those he did business with. And those petitioning him for alms had no problem discerning, from a single glance, that he was a man of some wealth. Still, Dickens tells us that Scrooge led a simple life (a simple dinner at the same restaurant every evening) and did not adorn himself with the trappings of wealth. From that we can deduce that every penny of profit was invested back into his business. And that was a very good thing.

Scrooge’s investments and lending were part of the great British capital engine that was financing the Industrial Revolution. If he was a typical “man of business,” he had recently invested capital in building railroads, establishing textile mills, building and running cargo vessels, and starting manufacturing plants. It is likely that he also was starting to invest some of his money in the United States, where British capital provided much of the early financing that helped make this nation an economic colossus.

Scrooge and his fellow “men of business” financed over 2,000 miles of railroad track in a decade. This track, in turn, greatly cut the cost of moving goods and people across Britain. In a twinkling the cost of moving coal to new industrial plants fell to rates that allowed factories to be built all over the country. This and other infrastructure improvements sparked a commercial revolution that within a generation would see a dramatic improvement in the conditions of the poor and middle class. Scrooge’s mills provided previously unimaginable amounts of cheap cloth that allowed even the poor to afford several outfits apiece. His cargo ships made Britain the richest trading nation on earth, and underpinned her unrivaled global power for a century.

More than anything else, Scrooge’s investments created jobs. A man with the wealth Dickens implies Scrooge possesses was probably making investments that employed many thousands of workers. History tells us that these “men of business” also reaped most of the rewards. They risked their capital in return for huge payoffs. These rich men of early-Victorian England were truly the 19th century’s 1 percent. Some of them did copy the nobility and squander fortunes on great mansions and unproductive land. But many, Scrooge included, took all or most of their gains and put them back into the economy. Scrooge was no miser who hoarded his money. Rather, he went every day to the Exchange to seek out new opportunities. His job — his passion — was finding places to invest. In doing so, he and others like him created a virtuous circle that not only increased their wealth, but also greatly benefited society.

There are few who doubt that the working conditions for the poor in this era were often horrid. These people were, however, leading lives far superior to those they had left behind on the farms. Otherwise, people would not have continued to leave the land in order to take their chances in the burgeoning cities. There was much that was cruel about early-Victorian society, such as children laboring under harsh conditions. Still, much of this was part of the great transition from an agricultural to an industrial society. Life was always harsh for the poor. It was only when industrialization began to make society as a whole richer that a majority of persons were able to start thinking about and caring for the more helpless among us.

It is this final result that should be laid at the feet of Scrooge. His investments began a period of growth and prosperity that, within a generation of when we assume he died, had doubled life expectancies, improved the lot of the poor, greatly increased the size of the middle class, paid for a military establishment that enforced the Pax Britannica, and propelled us into the modern age. Scrooge and the 1 percenters who followed him have enriched our lives to the point where our poor live better than medieval kings.

In the end, of course, Scrooge turned away from his previous ways, in favor of a life of altruism. If this is what makes him happy in his declining years, then he has every right to take this path. He earned the money, and he has every right to use it as he desires. Unfortunately for society, however, and particularly for the many thousands whose jobs Scrooge’s investments had underwritten, his transfer of funds to less productive causes undoubtedly cost them dearly.

But there is hope. With a bit of luck, a healed Tiny Tim, thanks to Scrooge’s generosity, will show more ambition than his father and learn the ways of business from his benefactor. Since Scrooge’s nephew demonstrates no real capacity for business, Tiny Tim might also find himself inheriting what remains of Scrooge’s fortune. If he is truly a good soul with a desire to help the greatest number of persons possible, Tiny Tim will take his inheritance and invest in the growth businesses of his era.

SOURCE

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Santa's Not Pagan

Jonah Goldberg

As a non-Christian with a deep affection for Christmastime, I've always felt a little left out around this time of year, but not in the way you might think. I've always felt a bit out of place with the venerable conservative tradition of denouncing the "war on Christmas."

I should offer some background. When I was a kid, my parents cut out a jokey headline from a local newspaper that read "Santa Knows We're Jewish" and put it on a cardboard Christmas tree ornament. My father insisted I be raised Jewish. (I went to a Jewish day school and was duly bar mitzvahed.) My Episcopalian mother insisted we celebrate Christmas.

Ever since, I've always loved Christmastime, and it never occurred to me that when raising my own child we wouldn't have a Christmas tree. No Hanukkah bushes for the Goldbergs, please.

Anyway, this time of year conservatives bemoan the effort to scrub the public square of overt religiosity, specifically any suggestion that the big holiday we're all taking time off to celebrate is also a Christian holy day. I feel like a conservative Canadian living in America. I care a lot for a fight that's not really my own.

I think conservatives have the better of the argument, of course. Every year there are enough "war on Christmas" horror stories to lend validity to the complaints.

For instance, this year, the sage bureaucrats of Loudoun County, Va., had the brilliant idea of letting Santa be crucified outside their courthouse. And it wasn't even a jolly Saint Nick. It was a Halloween skeleton in a red Santa suit. It looked like a weird prop from a post-apocalyptic horror movie. "The zombies got Santa!"

Meanwhile, the Swedish branch of UNICEF put out a commercial depicting Santa as hard-hearted 1-percenter who scoffs at the idea of bringing presents to Third World kids. "Come on. I don't do poor countries."

And those are just the highlights. Incapable of getting around the inconvenient first six letters of the word "Christmas," more and more people have decided to duck the issue entirely. Increasing numbers of public schools insist on celebrating "winter solstice." Congress cannot send out "Christmas" cards. The governor of Rhode Island declared that the traditional Christmas tree would henceforth be christened -- whoops! I mean called -- a "holiday tree."

I have no grand solutions. I don't know how you could pass a law to fix any of this. Nor am I sure we would want to. This is a cultural problem, and the only way to fix it is to work it out in the culture. To that end, I have some small observations to mull alongside the eggnog.

While it's absolutely true that there are sincere and committed Christophobes and joyless atheistic boobs out there, one of the major culprits is capitalism itself. I like capitalism -- a lot. Heck, the best Christmas present I could get would be a Scrooge-like conversion on the part of the president after a visit from the Ghost from Socialism Past. But the downside of capitalism is that it will, eventually, encourage the commercialization of everything sacred. For instance, there's an online "dating" company dedicated entirely to facilitating adultery. It shouldn't surprise anyone that a holiday symbolized by a man who gives presents would be exploited. That doesn't mean we have to surrender to the trend, but we should recognize all of the trend's sources, not just the convenient ones.

On a different note, the supposed champions of making Christmas more "inclusive" should at least ponder the irony that they are being intolerant. If you take offense when someone says "Merry Christmas," you, quite simply, are the jerk.

And for the atheists who see "winter solstice" as some kind of victory, you might consider the fact that what you're doing is clearing the field not for glorious logic (which ain't so glorious Christmas morning -- socks are a logical gift), but a rank, petty and vastly more commercialized paganism that lacks anything like the intellectual and moral rigor of Christianity.

Intellectual defenders of a secular Christmas hammer the point that there are some vestigial Pagan frills to the Christian holiday, as if this proves something important. Indeed, in pop culture it's now a given that Santa's boss is "Mother Nature" (and his colleagues are the tooth fairy and the miser brothers). It's pretty odd that a Christian saint -- you know, Saint Nicholas -- doesn't answer to God, but to a pagan deity. And we all know paganism is such a font of tolerance. My hunch is that Santa goes right past the houses with "Santa Knows We're Pagans" signs.

SOURCE

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Christianity May Be Eradicated in Iraq and Afghanistan, Says Chair of U.S. Religious Freedom Commission

Despite long-term U.S. military occupations aimed at establishing representative governments in Iraq and Afghanistan, Christianity now faces the real threat of eradication in those countries because of severe and persistent persecution of Christians there, according to the chairman of the U.S. Commission on International Religious Freedom.

Similarly, despite the “Arab Spring” rebellion in Egypt earlier this year, the survival of Christianity is also threatened in that country because of the escalating persecution of Christians.

“We are looking at two different countries where the United States invaded, occupied, changed their governments in the last decade--Iraq and Afghanistan--where it’s possible Christianity might be eradicated in our lifetime?” CNSNews.com asked USCIRF Chairman Leonard Leo in a video interview.

“Yes,” said Leo, “and, unfortunately, that is sort of the pattern throughout the Middle Eastern region. The flight of Christians out of the region is unprecedented and it’s increasing year by year. It’s a very, very alarming situation.”

In Egypt, according to Leo, anti-Christian violence and discrimination may inspire a mass migration of that nation’s Coptic Christian population, thus achieving a strategic goal sought by radical Muslims.

“The radical Islamists would accomplish their goal, if they drove the Coptic Christians out of the country, absolutely,” Leo told CNSNews.com in an Online With Terry Jeffrey interview.

In its official report published earlier this year, USCRIF said that Christian leaders in Iraq were themselves warning of the end of Christianity in their country.

“Half or more of the pre-2003 Iraqi Christian community is believed to have left the country, with Christian leaders warning that the consequence of this flight may be the end of Christianity in Iraq,” USCIRF said in its annual report. “In 2003, there were thought to be 800,000 to 1.4 million Chaldean Catholics, Assyrian Orthodox, Assyrian Church of the East members, Syriac Orthodox, Armenians (Catholic and Orthodox), Protestants, and Evangelicals in Iraq. Today, community leaders estimate the number of Christians to be around 500,000.”

More 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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