Maggie's FarmWe are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for. |
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Thursday, September 22. 2011Surreal indeedThis day, in 1862At NRO:
Town Without PityR2P: Right To Protect or Right To Preen?Mark Safranski is elaborating at his defense issues blog Zenpundit on the problems raised by R2P, Right To Protect, or what I termed “Transnational Elites Uber Alles,” for intervention on humanitarian grounds against those nation’s rulers who our liberal elites dislike.
Regimes who are not in disfavor with our liberal elites, however oppressive, get off more lightly. In the first part of a five-part series, R2P is the New COIN, Safranski says:
Neither COIN nor R2P are strategies. Unlike COIN, however, which is a set of tactics that may be applicable in some circumstances in pursuit of strategic goals (even if those goals may be arguable), R2P doesn’t have any operational tactics. R2P is more a clarion call to action, including actions that are contrary to US laws or popular will, in pursuit of internationalist goals for global governing as defined by transnational elites. Further, R2P is cloaked in humanitarian rhetoric that allows liberal elites to preen, displaying their caring feathers, regardless of their ignorance of the military, regardless of the cost-benefit to US national security, and regardless that it isn’t their children being sent into harm’s way. Lastly, R2P is reactive, not prescriptive of avoiding future threats to US security as a strategy must be. Much the same coterie who want to raise R2P to dominance over US foreign and military policies are largely dismissive of severely hobbling US allies or hollowing our military. The second part of Safranski’s series is R2P is the New COIN: Slaughter’s Premises, Anne-Marie Slaughter being a prominent intellectual proponent of R2P. Slaughter defines a state as legitimate, effectively governed, only if it provides social goods to its populace, regardless of other sources of cohesion or democratic means of choosing leaders. Illegitimate states are targets for R2P, US core security interests aside. Safranski writes me that Part 3 will focus on Authority and International Law, R2P resting upon amorphous, internationalist rule proposed to override US laws, Part 4 on Sovereignty, discussing the radicalness of R2P proponents’ program to replace nation states’ independence, and Part 5 on Legitimacy, Networks and Power, discussing the undemocratic, oligarchic views of the R2P proponents.
Posted by Bruce Kesler
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17:36
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John Law, inventing paper money in the laboratory of economicsA post from our friend Rick, who will be a regular author here at Maggie's once we negotiate the compensation details (he won't take paper money): "Give me control of a nation's money and I care not who makes its laws" — Mayer Amschel Bauer Rothschild Many of us want to get rich. Some of us, anyway. What’s the fastest way to do it? Print your own money. If it were only that easy. But what if it were? Ignoring counterfeiters, there have been several cases where privately printed money has fueled growth and provided value. Up to a point, that is, because as we all know, if it were that easy, everybody would do it. Yet the government does it because the government wants everyone to be rich, or the government wants to support declining prices, or the government wants to pay back money it borrowed. So the government creates money and backs it up with full faith and confidence and this should be enough for everyone to be rich and happy. Why hasn't this goal ever been achieved? Let's take a look at one example where this theory was put to work. In August 1717, somebody had a bright idea. The idea was based on the concept that the New World offered so much resource wealth and opportunity that anyone with a monopoly could sell portions of that untapped wealth to others, reduce his risk, and make himself and investors rich via joint stock ownership. Stock ownership was not a new idea, but this offer carried tremendous upside, particularly because the company offering the stock was owned and backed by a bank, and the company had been granted a government monopoly on all trade in the region. John Law was the proprietor of the Banque Générale Privée (General Private Bank), which he funded by investing heavily in the debt of the French government. He literally invented paper money because he viewed money only as a medium of exchange, not a store of value or unit of account. It represented a claim on some value already in existence, and therefore could not have an impact on prices or overall valuations. He was brilliant and everyone, including himself, knew it. Law was so smart he was able to win card games by mentally calculating the odds. He also developed economic theories which are still the basis of some modern economic theory. One of his most persistent creations was the establishment of a central bank, which would oversee and manage the issuance of credit and paper money. Based on his theories, paper money had no relationship to the price of goods and services. Continue reading "John Law, inventing paper money in the laboratory of economics" Embedding YouTubesFinally bothered to learn how to do it. Easy-peasy. This vid is semi-satirical. You all need some more EBT: Yesterday's quiz was too hardYesterday's American architecture quiz was was too hard. I honestly had no idea how to categorize it. It was a highly pleasing pastiche, and thus an unfair question. Our expert tells us this: That one was a bit of a mishmash, I imagine. Been changed a lot over the years. If I was a betting man, I'd say it was Italianate. Squarish, with a clerestory most call a cupola. The second story porch is officially called a "gallery," and I don't think it's original. I think the bottom floor bracketed porch is the original, and they maybe built the other one on top of its roof and added a door. That sort of arrangement is popular in places like Louisiana but not the Northeast much. I imagine the eaves of the main house had modillions or brackets like you see on the bottom floor's porch and they were removed. It may be the whole thing was much older and the Italianate style was overlaid on it. That was popular in the mid 1800s. I think the Adam style fanlight front door and flanking windows are more recent additions, too. I like to take architectural pics when I go places. As Sipp says, people who make things are demigods, changing the world. Swords, guns, tables, plows, iPhones, or homes. This elegant and not ostentatious manse in Newport was built, no doubt, by a genius evil Capitalist as a summer cottage for his family and friends while he worked in NYC, and is more straightforward than the last one. (All substantial summer homes in Newport - and the seaside in New England in general - are called "summer cottages," as opposed to town houses.) Date and style, anyone?
Posted by Bird Dog
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11:33
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Thursday morning linksThat's Italian! Parents take legal action to force son, 41, to move out Italy produces momma's boys who act macho to cover it up Stiletto Brothel Expansion Proposal Rejected By Sydney City Council Pilgrim Christian Tours A low in jobs, mobility, marriage for young adults They voted for this A pithy, comprehensible summary of 90 years of Arab recalcitrance Coulter: COP-KILLER IS MEDIA'S LATEST BABY SEAL Awaiting the Fall: A Few Thoughts on Mark Steyn’s After America Signorelli puts a lot of thought into his essay 46 million Americans in poverty? NY Post: The Prez is a liar Ex-President Clinton to Newsmax: Raising Taxes Won't Work Top 0.1 Percent Pays More Income Tax than Bottom 80 Percent Our Lefty friends hope we're seeing The final crisis of capitalism I think we're seeing the final crisis of the quasi-socialist welfare state and of the Big Government industry Free money! All ya gotta do is f-. See the second video. I think it is satire Class Warfare: American Communists of 1928 Compared to Barack Obama McCarthy: The Solyndra Non-Investigation - Bankruptcy examiners aren’t prosecutors. Time for a special prosecutor? Or do Chicago politics work on the national stage? Gunwalker looking worse and worse Dance video: $700,000 for 2 jobs Contentions: “Palestine” to Deny Citizenship to 45 Percent of its Palestinian Residents What Comes After 'Europe'? The riots of Athens will become those of Milan, Madrid and Marseilles. Border checkpoints will return. Currencies will be resurrected, then devalued. They say Euroland is a giant fraud. Europe’s Communist Past Haunts Euro-Zone With ballsy vid of Farage. Farage - and Hannan - are wonderful. Britain does produce some wonderful politicians. McArdle: Obama's Deficit Reduction: A Campaign Document, Not a Policy Plan America: The Chief Subsidizer of UN Rapists and Traffickers - The Wilsonian ideals of the UN are not realizable. In turn, the UN is built on a lie: that its diplomats are morally decent. How To Describe This Administration -Incompetent Or Corrupt? Today Canada has a superior tax regime to that of the United States, and a much sounder fiscal situation. They are actually developing their energy resources... Obama has an unusual capacity to conceive of himself in a way that is at odds with reality. The MSM still refuses to call him on it Obama quickly running out of time Belmont asserts that Obama has gotten everything wrong.
US federal debt, via SDA:
Wednesday, September 21. 2011In Ohio, ObamaCare Will Increase Premiums 55-85%At the request of the Ohio Department of Insurance, benefit consultants Milliman, Inc. prepared an estimate of the impact on coverage and rates of ObamaCare when major provisions take effect in 2014. 660,000 are forecast to lose their group coverage from employers. A 735,000 increase in individual coverage is forecast. The percentage of all covered with some type of government coverage is forecast to increase to 31% from 20% in 2010.
Then add in the additional taxes within and caused by ObamaCare. High price to pay, huh. Hope there's any Change left in pockets.
Posted by Bruce Kesler
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23:17
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Lies, Damn Lies, Statistics, and Damn Democrat StatisticsH/T: Hot Air: "the Senate Budget GOP today releases this video to unmask a budget gimmick popularly employed by Democrats as they call for more
Posted by Bruce Kesler
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22:06
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More Faculty Extremism At Brooklyn CollegeKC Johnson, history professor at my alma mater, describes the lack of intelligent consideration by the faculty there:
Read it all. If there's a terrorist incident on campus, call a faculty member, not the NYPD.
Posted by Bruce Kesler
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21:11
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Love SickNever trust anybody under 30Schneiderman's advice to Freshmen: Join things to find out where you belong. That is excellent advice from someone over 30. Social isolation breeds all sorts of strange and unreasonable habits of mind, while social interaction helps us define ourselves, learn about ourselves, and, especially, to learn what our limits are. Isolation nurtures delusions of grandeur or delusions of inferiority, and prevents acceptance of reality. I attended a faculty cocktail party last night, and, for some reason, the advice I had received many years ago came into my head as a shy person during boarding school: "When you enter a gathering, make sure you say hello to, or introduce yourself to, a dozen people. Then you can leave if you want to. Never act like a shmoozing politician, but it's your job to let people know that you exist. They might want to know you, or they might not. Either way, it's learning. Learning sometimes hurts." At my age, with genteel breeding and with my life experience, it's a little silly for me to still need that reminder. People tend to enjoy and seek my company.
Posted by Dr. Joy Bliss
in Education, Our Essays, Psychology, and Dr. Bliss
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19:33
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Why they lieJames Pethokoukis explains it. Wealth-creation is not in their lexicon. They view government as the font of The Good. I definitely do not. If government does not protect my liberties and my property, I oppose it. Government protects itself, grows itself. It is subject to all of the flaws of human nature, but has unique and potentially dangerous powers. It has become a big monopolistic, parasitic industry, but one with guns and cops and jails. Anybody who thinks that big government is altruistic is sorely misguided, delusional, naive, or stoned. Drunk on power and perqs, our public servants dread having to return to real life. For more, Warren Buffett’s Tax Story Is Bogus. Buffett is a shrewd fellow, but who made him a saint? Also related is a new book, The Great Lie. We all accept that politicians are liars, but it is more routine for them than we like to admit.
Posted by The Barrister
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17:05
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Thinking about the SAT testThe SAT was designed to produce a more egalitarian, less elitist American college student, yet few are ever really happy with it. I tend to view it roughly as an IQ test, but one which conflates the upper end to eliminate the upper outliers (it's not fair to the others to be too good). From Steve Sailer's Asians, aptitude, and achievement: a positive sum reform proposal (h/t AVI):
MoDo misunderstands Liberty ValanceFrom NYM's post:
MoDo misunderstands most things, but humility and self-scrutiny are rare commodities at the NYT. Movie tells a great story with one heck of a cast. Here's the tune (1963). Gene Pitney. Never forget Gene Pitney - or John Wayne. Taxing Credulity, Part II: FirstsThanks to the lede on the New York cover that Obama is the first Jewish President (Jimmy Carter says he is), other firsts are being claimed: Pam Geller is the first Muslim blogger Albright was the first Barbie Secretary of State (Hillary the second) Bill Clinton is the first faithful husband Ron Paul is the first internationalist congressman Palestine will be the first Muslim state to protect the civil rights of Jews in its borders Congress will be the first to really reform entitlements Palin will be the first female President Bachman first candidate to take foot-in-mouth vaccine Pelosi first to take non-Botox pledge (also first former House Speaker to stop speaking, and first to switch to Republican) New York Times first major newspaper to endorse Perry Klein first kiddee-columnist to take real-world job UN’s first unanimous applause for Israel’s right to security Europe’s first increased defense budgets China first demilitarized nation Gore first global-warmist to sell his mansion and contribute proceeds to air-conditioning for poor Africans Friedman first columnist to sell his mansion and contribute proceeds to Accuracy In Media Bird Dog first blogger to sell his farm and contribute proceeds to fixing NYC potholes Maggie’s Farm first blog to take the no cheesecake-photos pledge (Theo first blogger to ROFL) Chime in with other firsts.
Posted by Bruce Kesler
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11:58
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American architecture: Name the date and style - if possibleI understand that many buildings do not perfectly fit a label, and are often modified over time. A pic I took in Newport: Weds. morning linksPrager: Why Young Americans Can’t Think Morally - Moral standards have been replaced by feelings. Related: This just in… sin is a medical problem… Pop music: The Boredom of Whoredom Via Insty, What I Learned At Dartmouth Scot Speech To Be Controlled Everywhere Morrissey: Has Obama quit already? Judging by his plans for job creation and deficit reduction, the president has given up on policy accomplishments in favor of playing politics Schoen: Obama Setting Trap for Republicans With His Tax Plan White House: No, We're Not Really Serious About Passing These Jobs And Tax Ideas The Geography of Obama’s Tanking Approval Ratings 'We Were Impressed' - To the New York Times, opinion polls test whether the public passes muster. Obama's Luck Goes from Poor to Horrible, or, Political Comedy Is Never Having to Say, "I'm Funny" Buchanan: Whose Country Is It, Anyway? European model imploding Americans Say Federal Gov't Wastes Over Half of Every Dollar
The Myth of Middle-Class Stagnation. Graph from the article: Man Who Shot Grizzly Bear Defending His Family is Fined Not that we would have been pussies and used the pesticide anyway. ATVTuesday, September 20. 2011Just save me the trouble
Save me the trouble of linking individual items, and just scroll down Gateway tonight. Too much interesting stuff.
A Country Doctor's NotebookMikhail Bulgakov's 20th century classic, The Master and Margarita, was not his only book. Among other works, he wrote the little-known A Country Doctor's Notebook before he left medicine to become a full-time writer. The former is a masterpiece, with Pontius Pilate playing a major role. The latter is plain wonderful.
Posted by Bird Dog
in The Culture, "Culture," Pop Culture and Recreation
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16:46
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"I can lick any man in the house."Paul Beston's The Ghost Sport - Boxing, today relegated to the margins, was once central to American life. One quote:
More money than GodThe story of Hartwick College's unusual trust.
Pres. Obama Taxes CredulityPresident Obama's path to reducing deficits is being laughed off as playing politics with demagoguery while deficits widen. But, according to Obama, "this is not class warfare; it's math." As the Associated Press Fact Check points out:
That doesn't include the higher charges paid by middle-class and wealthier retirees for Part B Medicare, nor the lesser amounts received by them from Social Security relative to prior incomes or contributions. One of the areas targeted by the tax-more crowd is capital gains. There's no recognition of the extra risks involved in investing, that much of the gains represent inflation, or that much or all of the amounts invested were already taxed. Then, there's the false assertion that the middle class suffered most during the better pre-recession period.
President Obama may be appealing to his base, largely made up of those who pay little or no taxes already, but is cementing the attitude of those who are productive who see him as further undermining and stalling economic recovery. The International Monetary Fund just downgraded the economic outlook for the US (and Europe). Yeah, higher taxes should fix that, huh?
Posted by Bruce Kesler
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11:21
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