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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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Sunday, October 12. 2008Aliyah Diary: Aw, shuksIt's been a long time since our Aliyah pal has given us a look at his new life in Israel. Holy Blood - Part I - Oct 2008 Being two days before Yom Kippur, I set my gyroscope for the Shuk. I travel gyroscopically to reach each station of my pilgrimage: the butcher for chicken, the Arab green grocer; the Menahem Begin booth for fruit; the Ethiopian's for quinoa and spices. In the shuk, nothing should distract me. But, the shuk is mostly distractions. This day, my 'scope went off its gimbals. A small breech in the shuk wall beckoned. It was on Agrippas Street, just past the rugelach bakery and before the Arab knupfe and sweets seller. First I notice the two girl soldiers guarding the opening. Instead of bustle, an occasional person or a couple entered or left solemnly. The two steps up was half-ramped with rough cement, the stuff what the Romans invented. Transformed to flaneur, I entered, hesitantly. An open courtyard with three tables forming an open square not quite greets me. In fact, greeting doesn't come to mind here. Only after a few moments does an undertone of pungence, an indistinct rankness fogged about me – comes and goes. I realize later that this is the fragrance of fowl death. I see a trio of pairs behind each table and perhaps five people before them, one young religious couple milling centrally or posed before the tables of judgment. Matters dawn on me. I see the kippa'd man withdraw a live chicken from a coop. He has a deft manner of holding up to the customer. One-handed, he pinions the wings from their base (our shoulder) behind the bird; unflappable these wings are now. I hear peeps and realize that these are almost chickens; oversized chicks, pubertal birds. The chicken, while white, has a besmirched breast, as if it has not yet come clean. It soon must. Of the young couple, the woman, hair-covered, bends forward, but a bit. The chicken-wielder passes the bird in an elliptically orbit and just at an angle near the woman's head, like some off-centered rings of Saturn. I see his lips move. Then, he pulls back this feathered sattelite and deftly again, releases thumb and forefinger from the wings to hold back the chicken's head, goose-necking the bird. In his other hand, he wields a straightrazor, similar to the old types once leather-stropped, but this has replaceable blades, like what Gillette invented. He makes a gentle slit, much less to it than I thought might be. And does the bird a header into one of eight zinc funnels sticking into the table before him. Little is seen from these funnels above – I think I spot a few feathers ascend to heavenward, but are brought back by wind and gravity before they get too far. I think I spy the legs kicking, but perhaps this is imagination. I do see the blood funneling down below. The couple, looking relieved or calmed, perhaps certain that at least the woman's sins have been dispelled, leave hand-in-hand. Money exchanged hands, but I never saw this. Continue reading "Aliyah Diary: Aw, shuks"
Posted by Bird Dog
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Saturday, October 11. 2008I Hope You Get Your ChangePsychosis goes mainstream
Fortunately, I use a compassionate and humane chainsaw when I murder and dismember innocent trees. The Stihl Farm Boss is the Official Maggie's Farm Humane Chainsaw. It is so good that the plants don't feel anything.
Posted by The Barrister
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14:04
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Friday, October 10. 2008The great "re-pricing of assets"Who will be the buyers? It's easy to forget that American financial markets are dominated by institutional investors, not by individuals. Institutional investors do not "panic" but, these days, institutional investors are puking assets for a variety of reasons: hedge funds to cover redemptions and to reduce their leverage, banks to reduce their leverage (what fraction of a trillion $ of assets, for example, does just Goldman alone need to dump to reduce their leverage?), and so forth. Sovereign wealth funds are, I am told, concerned about an Obama impact on American business growth and profits. Of course, retail investors like me do get scared and begin puking our equities, for example, but this doesn't drive American markets. (Asian markets consist of a higher % of retail investors than do Western markets.) So my question is this: Who will be the buyers of all these assets? What institutions are flush with the cash to run around buying up all of these presumably well-priced or bargain-priced assets? At some point, I suppose pension funds and insurance companies will do so, but do they have the loose cash to support the markets? Well, I am assured that there is tons of cash out there, waiting for the right moment to commit. Nobody wants to jump in early, and few want to be the first to do it. Keeping their powder dry. Additionally, a friend of mine in the financial business told me that the markets are the least of the problem. "Markets go up and they go down - that's normal and that's the deal," he said. "The real problem is the potential depth and duration of the global recession we are looking at, and the markets only reflect that. This will not be a normal, ordinary recession, and the politics could worsen it just as they did in the Depression. The markets are telling us that we have been spoiled, and that the candy is going away for a while. Six months or 5 years? I don't have a clue anymore." "All I know for sure is that people in distressed assets will make money over the long haul - if they can last long enough." He concluded "One of my friends is so worried that he is seriously considering selling his Citation and switching over to NetJets." Here's a nice Citation X - the best way to travel. Doesn't the Constitution give me the right to have one of these?
Posted by The Barrister
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07:09
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Thursday, October 9. 2008What is a "Right"?From Bill Whittle at NRO, who begins:
Read the whole thing. This is a point we have all made many times on Maggie's Farm. American rights are the rights of freedom from the government. There are no rights "for" anything. Whenever the government provides something, it diminishes the rights and autonomy of somebody else because government produces nothing - no products and no wealth and no money and no capital. Only citizens do that. That's the problem: rights without responsibilities are are snare and a delusion. Related to the above, it's time to repeat our earlier notion that the markets are anticipating an Obama victory, thus driving more money - and especially foreign money - from our markets. In support of that idea, Insty found this graph:
Wednesday, October 8. 2008Are humans a Blank Slate?
I have been teaching the essentials of human nature and the related genetic foundations of human differences for years, partly because these things are true, and partly to counterbalance the "blank slate" bias in our society that says that we are all somehow equal until parents and our environment get their hands on us. This assumption lies behind the insidious mid- 20th century idea in psychology that Moms are the cause of everybody's problems. (No, I am not denying that events affect us, but only in the most extreme cases do they shape our basic architecture.) The blank slate assumption, with its denial of human nature, has a lengthy history, but it was picked up most ardently by Marxists who wished very much to believe that social and psychological experts could shape children in such a way as to create "a new man," better suited to their vision of a utopian society (run by them, of course). Steven Pinker's 2002 book The Blank Slate: The Modern Denial of Human Nature was one of the first non-technical books (along with books like The Bell Curve) to address the subject. Unlike Larry Summers, Pinker was not run out of town for saying the politically incorrect things he says. David Thompson has a fine brief discussion of this topic, and posted the short and entertaining lecture below by Harvard's Pinker in which he also touches on the topics of the arts and of parenting:
Posted by Dr. Joy Bliss
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Tuesday, October 7. 2008Tribal Elders and politicsOur own Dr. Bliss and our net friend AVI are our go-to people on tribalism. For better or worse, tribalism is in our blood. It probably was essential for human survival, and probably still is for non-human primate survival. Probably for us, too, if we value our own culture at all. I do value mine - my culture and my subculture. AVI takes a look at Tribal Elders, Young Turks, and politics.
Posted by Bird Dog
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The Fannie-ization of Health CareFrom guest author Bruce Kesler:
The forces in the credit crisis were the appeal to provide opportunities for home ownership to the poor and the consequent inflation of housing values that provided paper gains to the middle class and wealthy. Underlying these forces was a pyramid scheme profiting the political and financial elites that was dependent on trust in repayment of subprime loans by many without the means or stake in doing so.
Thus, ultimately the taxpayer and more careful consumers and investors are required to pay off, also making other worthy goals unaffordable. Continue reading "The Fannie-ization of Health Care" Sunday, October 5. 2008Memo to snobs: Go suck an egg.Brit media snobs look down their noses at Palin. But it's not just Eurosnobs. We hear the same thing around here - entirely from women. (Is this about the Narcissism of Small Differences? Is it because hating happy, normal, well-adjusted people makes you feel smart? Or is it envy of her studly husband, her self-made success, and her obvious femininity and good cheer? Or is it all - probably - just because she's not a bien-pensant angry Chardonnay-and-Brie Limousine Lefty?) Some examples we've heard lately: - She's too feminine (I think that means she's trim and sexy) In other words, "She's not really one of us." These, I would contend, are all class-related, "We're so sophisticated" attitudes. When you think about it, it's funny how class-conscious and intolerant Liberals can be when they want to. Below is Palin in Carson on Saturday. Thank goodness for all of those non-snobs. They are the heart and the heartbeat of America, and we Eastern elites should thank God for them.
Posted by Bird Dog
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11:22
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Friday, October 3. 2008The end of capitalism, or the death of government social engineering? (updated)Whenever there are crises in markets, socialists are quick to label them as failures of capitalism and free markets. While markets surely do, on occasion, fail, freeze-up, or get clogged (although they are far more effective than planned economies), in this case you need look no further than the role of government regulation and control to see the seeds of the problem:
Yes, Congress asked Fannie and Freddie to roll the dice, and they did so while making a pretty penny for themselves. As Kimball put it today:
Banks didn't want to own all these loans so they packaged them in creative ways and sold them like bonds to willing buyers (albeit with possibly erroneous triple-A ratings). You can call that "greed" or you can call that smart. But when the market for these packages disappeared because the housing bubble burst, the owners of the packages were forced under the new laws to mark to market - and there was no market. It's as if you tried to sell your house today for $500,000., but nobody gave you an offer today, so overnight your net worth (and your ability to get credit) dropped by $500,000. Anyway, now banks are hoarding cash to meet their capital needs and to avoid further risk. That is why we will begin to see funds fail, and maybe more institutions fail, unless the Feds do more than their rescue bill to loosen up credit. Malone put it this way:
Tuesday, September 30. 2008Clematis
In my experience, these are tricky plants and slow to establish themselves. When they are unhappy, there's not a damn thing you can do about it. When they are happy on a sunny fence, they are great. They supposedly like their feet cool, shaded, and mulched. I've tried everything but, like people, they just go their own way and follow their own path, whether it leads to heaven, hell, or Paramus. I also like Sweet Autumn Clematis, which is a tougher, more forgiving variety. Monday, September 29. 2008Is the charity deduction excessive?Bruce Kesler sent us this post: . Is the charity tax-deduction excessive? The question is almost never raised whether our tax deduction for charity is excessive. Whatever our religious faith, all agree that charity is a high personal and societal calling and deserves government support. Republicans and Democrats agree, in supporting President Bush’s faith-based organizations in its delivery (although Barack Obama would restrict their ability to exclude hiring outside their doctrine, requiring they act secular instead).
However, much described in the tax regulations as charity is not. Scriptures refer to helping the unfortunate and being neighborly and loving. The preferred methods provide means to recipients to support themselves. This concept of charity has been broadened by advocates of non-profit organizations, and by liberal interpretations of scripture, to include virtually anything that one can say is of any possible societal benefit, no matter how narrow, cost-ineffective, more self-serving than serving others, or even a veil for partisan politics.
Some conservatives argue against narrowing the tax code. They, justifiably, see our income and assets as our own, not the government’s, and want to keep as much as possible outside the government’s control. Further, they see individual choices as both morally and practically preferable, more cost-effective, better measured, more adaptive, and more focused than government. They are correct. Continue reading "Is the charity deduction excessive?" Sunday, September 28. 2008My California deer huntA reposted deer hunt note from 2007 from our contributor Gwynnie: Gwynnie got to return this August to an annual hunt on one of California’s last great Spanish land-grant ranchos for coast Black-tailed Deer (Odocoileus hemionus columbianus), also known as Columbian black-tailed deer. The Black-tailed Deer is currently considered a subspecies of the mule deer and can interbreed with the Mule Deer (Odocoileus hemionus hemionus) where their range overlaps. They share many similarities but are much smaller than a Mule Deer and their ears are smaller too. They are called Black-tailed deer because the bottom two thirds of the tail is black. Up higher, where the tail is attached, the fur is brown and under the tail is whitish. The general body color is reddish to greying-brown (with black hairs interspersed in winter) and the underside of belly, chin, neck patch are white. The brownish color camouflages the deer in the forest and field edges where it lives. Habitat in the Coast Range of California is often as shown in the photo, where they browse oak trees, especially black oak. Black-tails also feed on tender grasses, herbs, branch tips, and new leaves in spring and summer. In winter, they eat Douglas fir, western cedar, Oregon yew, trailing blackberry, red huckleberry, and salal branches. Shooting is usually long-range, and the .270 or the .308 are ideal for shots from 75 to 200 yards. The .243 is OK for the deer, but inadequate for the 300-pound European wild boar that have infested Northern California and are part of the alarming collapse of new oak tree growth – they love acorns. One State scientist is predicting wide-spread extinction of oaks based on the current trend. Gwynnie’s buck, which died instantly from a 75-yard head shot and rolled 100 yards into a precipitous canyon, was a forked-horn, and weighed 116 pounds field dressed. The California State biologist performing her post-hunt autopsy testing for parasitic infections said he was probably 3-4 years old. Other dressed-out bucks ranged from 90 to 118 pounds.
Saturday, September 27. 2008The first debate: a centrist's take
I spent three hours this morning reading so-called analyses and have yet to find one that even remotely borders on objective and impartial. Everybody's a homer. To the Left and the MSM, Obama clearly won with his natural brilliance. To the Right, McCain 'crushed' Obama with ease. And pigs can fly.
However, if you demanded a verdict from me, I'd call it a draw. Here's how I saw them balancing out:
They both upset their base in (at least) two ways:
Continue reading "The first debate: a centrist's take"
Posted by Dr. Mercury
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Thursday, September 25. 2008Beauty Studies
A quote from Beauty and the Brain (by the proprietor of Neurophilosophy) in Seed (h/t, Dr. X):
Can things of the soul and spirit be understood in terms of neurotransmitters and neural wiring? Count me a skeptic. Different levels of organization have different rules and patterns which do not transfer one to the other. For example, you could know everything about atoms but never predict a living cell, and you could understand everything about a cortical network without predicting Moby Dick. (And, for me, on a good day I see beauty everywhere but on a bad day I see it nowhere.) Still, they may as well give it a try. I get skeptical when they call it a bio-cultural model, however. It makes it too clear that they seek to detour around the psychology part. The new trend in business dress
I learned this from the Wall St. kid of a friend this weekend. They were informed that, from now on, Business Formal is their required dress code, all week. That's good news for Brooks Brothers and Ann Taylor - if there is anybody left on Wall St. to need the clothing. What do I wear to work? Blazers or tweed jackets and tie, and grey trousers. Brooks shirts. I wear good suits to court, but I only own 5 of 'em for court, weddings, and funerals. Apple Week recipes: Pork and Apple
Pork and apple sure do go well together. I cannot eat a pork chop without a pile of applesauce on the side (and a pile of collards). The best marriage of pork and apple is the festive Stuffed Crown Roast of Pork. As Sippican would say, it's the shiznit. Image is of a Cuban-style pig roast (for which just a single apple is required). Wednesday, September 24. 2008Ulla, Go to work.The Wall Street woes reminded me of this scene from The Producers, but the best part is, of course, Ulla: And I dare not leave our readers without Springtime For Hitler:
A shout out to electricians, tile guys, and plumbers
You know, like beginning work early in the morning, showing up when you say you will, working a solid 8-hr day, and all that sort of regular steady American thing. It just might do you guys some good. Most people need structure to their lives if they are to thrive. I think these guys just don't need the money. I still have no master bathroom, since early August. Tiling is half-done. No, 1/4 done, and this guy is supposed to be the best guy around. He shows up for two or three hours, gets a phone call from one of his ex-wives or a lawyer or a dealer or a friend who wants to go out drinking or fishing or an hysterical girlfriend who says he's cheating on her and who needs calming down, or a friend he has to take to rehab in Ohio, or whatever, then disappears for two days and turns off his cell phone. The shower door guy seems reliable, and our carpenter is the shiznits.
Posted by Bird Dog
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Tuesday, September 23. 2008Roberta FlackHad the pleasure of hearing Roberta Flack perform a charity concert this weekend. She has knocked me out since the early 70s, and does a lot of work for autism. Here's my cell phone quality photo: The guy on the right is the jazz reed virtuoso Arturo Tappin. Also in her band, Ralph MacDonald (who plays in Jimmy Buffet's band), guitarist David Spinozza, and Buddy Williams on drums. Dennis Collins joined in on a few tunes, and sang his Every Soldier Has One Prayer. Great band. My only regret is that she didn't do Bridge Over Troubled Waters. Here's Roberta in 1972:
Posted by Bird Dog
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Monday, September 22. 2008Got teeth?
Teeth are a sensitive subject. When you lose one as an adult, you feel a bit emasculated. Lose a handful, and you can develop a clinical depression. And root canals are a torture which even the CIA would never inflict on Osama. My first one was without Novocaine at age 14. The elderly dentist didn't "believe in" Novocaine. I have had plenty since then. Plus it costs big bucks to keep good teeth after 45, unless you are one of the lucky ones with genetically strong enamel. My teeth are mediocre-to-poor. I have one implant so far, many crowns, and a number of failing crowns. My wisdom teeth were pulled years ago. I have some extractions and two more implants on the way, plus a bridge. Most of my teeth have fillings and miscellaneous repairs. My dentist blames it on cigars and bad tooth genes, and says I need a serious big-time periodontistry before he can do any more repairs and reconstruction. I also lost a few front ones playing hockey in prep school. The brother of my then-girl friend stuck the end of his stick in my face, entirely by accident no doubt. Whenever I am sent to a new person, eg a periodontist or an implantologist or an oral surgeon, before I open my mouth I always say "Promise you won't say 'Oh my God what a mess.'" This stuff gets expensive. But even worse is that it is a depressing reminder of ones' aging and deterioration, a memento mori. Entropy always wins. We pay and struggle, but we always lose the battle.
Posted by The Barrister
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Sunday, September 21. 2008Who is Frank Marshall Davis? And Who is Barack Obama?The media have done only a fair-to-middlin' job of creating the impression that Obama's main personal and political contacts have been people other than Ayers and Dohrne and Rev. Wright and Tony Rezko, but if he has any other pals or close associates, I've never heard of them. Does he have any? On the other hand, the media has done an excellent job keeping Obama's growing-up mentor and surrogate father Frank Marshall Davis in the closet. Obama may have learned his Alinsky from books, but he grew up at the feet of his red-diaper Mother... and Davis. (As I understand the story, Obama's Kenyan/Moslem father knocked up Obama's single mother, married her in Hawaii to make the kid legit - despite having a wife or wives in Africa - and then hit the road.) Those are the reasons that I am not convinced it's paranoid to have Manchurian Candidate thoughts about Obama. Maybe it's hysterical and fear-mongering - but who really knows this guy Obama, besides his wife? Who is in a position to deny it? Did a single person who has known him personally witness to his real self, to his character, at the Dem convention? Or anywhere else? No. Isn't that odd? Most 40+ year-old guys have at least one colleague and friend who has known them and has worked with them over many years, played sports with them, hunted or hiked or rock-climbed or sailed or fished with them, confided in them, gotten half-drunk with them, smoked late-night cigars with them, prayed with them, done projects with them - and who can credibly witness publicly to their character, depth, collegiality, work ethic, hobbies and interests, habits, struggles, intelligence and perceptiveness, personality, and core beliefs. Who speaks for Obama besides Obama, and a few Hollywood airheads? I realize I know very little about this guy, nor does anybody else. He's a media-made icon. He is a Mystery Man, a blank slate, unless you look carefully for the facts the media never mentions. Here's an Accuracy in Media piece on Frank Davis, with the AP's efforts to minimize the relevance of the relationship. Davis' reported homosexuality and pornographic avocation may be irrelevant, but his committment to Communism is not. At any rate, it's not what you would call an American Story.
Posted by Bird Dog
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11:45
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Friday, September 19. 2008Trout fishing, Connetquot River, Long Island (NY)The trout get active and hungry again at this time of year in New England. This unique and wonderful stream on Long Island, about 1 1/2 hours from New York City, has sea-run Browns, Rainbow and Brookies - some quite large. Not many places where sea-run trout are found: if readers know of other streams that do, let us know about it. Of course, this stream holds hatchery fish too. It is a very special place. The rule is barbless flies only, and first-come, first-served for assigned beats. This photo of one of our Maggie's Farmers on the stream is from a couple of years ago.
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Thursday, September 18. 2008"I will only hunt in places that are beautiful."
A re-post from a year and a half ago -
Jim Harrison: Hunter, chef, author, and all-around cool dude. Interviewed in New York Times Books. Got to love this guy. And how about his eager pup?
Photo credit: Jeff Topping for the New York Times Tuesday, September 16. 2008Many businesses failMany businesses fail every day, and that's the way it ought to be. Otherwise, we would still have buggy whip factories in New York City. In Capitalism, failure is not a dirty word. In fact, failures reveal the success of the way things work. While McCain and Obama seek to grab news space by blaming someone or something for the Wall Street business failures, I do not. Businesses come and go, from bait shops to corner lunchrooms to investment banks to car manufacturers. I feel badly for folks who lose their jobs, but otherwise I feel good about the creative destruction that Capitalism provides space for. Business is all about calculated risk: in the end, what profit rewards is risk, regardless of the product. These investment banks were gambling to stay alive in a changing world, and made bad bets. Competition is what hones businesses - and they eventually fall if they cannot keep up or adapt - or behave imprudently, or encounter bad luck. I deal with many business people in my work, and it is my conclusion that the biggest obstacle to business creation, and thus capital creation and job creation and wealth creation, is the government. Note that the biggest screw-ups of the year, Fannie Mae and Freddie Mac, were government agencies. So much for government's role in the financial industry: it inevitably becomes politicized, mediocratized, and corrupted - as with any government involvement in any industry. Few people in government could figure out how to run a candy shop, much less a complex enterprise. Otherwise, they'd be doing it. Related: Tyler Cowen on how regulation made the problems worse. Also on how the hedge funds manage risk better than the investment banks. Also related: How the Dems supported the sub-prime fiasco. Follow the money. And the banks were all too eager to play that game - as long as there were buyers for the junk. A game of musical chairs, as in all bubbles.
Posted by The Barrister
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