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Saturday, November 30, 2013

Miscellany: 11/30/13

Quote of the Day
We give up leisure in order that we may have leisure,
just as we go to war in order that we may have peace.
Aristotle

Pope Francis' Exhortation: A Mixed Bag

As a Catholic libertarian, I'm troubled by this document. I have touched on this topic in a few past posts. It may sound paradoxical to others (I have touched in my recent minarchism post): I'm conservative when it comes to social norms and values (e.g., the virtues) and traditional institutions of marriage, family and church; I have concerns about a hedonistic, sexually-obsessed culture and have not done drugs, gambled or smoked anything, but I'm very reluctant to use force (government) to enforce virtuous behavior, except in protecting individual fundamental rights (life, liberty, and property). Instead I believe is using persuasion and rely on traditional institutions to rebuke a licentious culture. Although I have some concerns with the Catholic Church's authoritarian structure and bureaucracy, I have hoped that the Church would push back more on the culture instead of trying to appease it in an attempt to remain relevant. The Church radically changed centuries-old liturgies and practices and largely latched onto "progressive" causes, except for certain moral issues, often using some of the same nomenclature as the social liberals (e.g., "trickle-down" economics below). The last thing I wanted or expected from the Church was to engage in derivative rhetoric and/or to align itself with political factions advocating Statist programs. After all, Jesus spoke to individual, not social responsibilities and sidestepped political issues (e.g., the imperial tax, attempts to make Him king, etc.) The fact is the Church itself operates missions (schools, hospitals, etc.) not part of the State.

After sending mixed messages (e.g., "whom am I to judge gays") a few months back, in paragraph 213,  Pope Francis makes it clear that the Church's opposition to the moral evil of elective abortion will never change:
213. Among the vulnerable for whom the Church wishes to care with particular love and concern are unborn children, the most defenceless and innocent among us. Nowadays efforts are made to deny them their human dignity and to do with them whatever one pleases, taking their lives and passing laws preventing anyone from standing in the way of this. Frequently, as a way of ridiculing the Church’s effort to defend their lives, attempts are made to present her position as ideological, obscurantist and conservative. Yet this defence of unborn life is closely linked to the defence of each and every other human right. It involves the conviction that a human being is always sacred and inviolable, in any situation and at every stage of development. Human beings are ends in themselves and never a means of resolving other problems. Once this conviction disappears, so do solid and lasting foundations for the defence of human rights, which would always be subject to the passing whims of the powers that be. Reason alone is sufficient to recognize the inviolable value of each single human life, but if we also look at the issue from the standpoint of faith, “every violation of the personal dignity of the human being cries out in vengeance to God and is an offence against the creator of the individual”.
But it's very clear that Francis is not impressed with free market economics:
204. We can no longer trust in the unseen forces and the invisible hand of the market. Growth in justice requires more than economic growth, while presupposing such growth: it requires decisions, programmes, mechanisms and processes specifically geared to a better distribution of income, the creation of sources of employment and an integral promotion of the poor which goes beyond a simple welfare mentality. I am far from proposing an irresponsible populism, but the economy can no longer turn to remedies that are a new poison, such as attempting to increase profits by reducing the work force and thereby adding to the ranks of the excluded.
Just in case you don't get the message, here's a nugget from p. 205:
Politics, though often denigrated, remains a lofty vocation and one of the highest forms of charity, inasmuch as it seeks the common good.
Then this earlier section has gotten wide attention:
 53. Just as the commandment “Thou shalt not kill” sets a clear limit in order to safeguard the value of human life, today we also have to say “thou shalt not” to an economy of exclusion and inequality. Such an economy kills. How can it be that it is not a news item when an elderly homeless person dies of exposure, but it is news when the stock market loses two points? This is a case of exclusion. Can we continue to stand by when food is thrown away while people are starving? This is a case of inequality. Today everything comes under the laws of competition and the survival of the fittest, where the powerful feed upon the powerless. As a consequence, masses of people find themselves excluded and marginalized: without work, without possibilities, without any means of escape. Human beings are themselves considered consumer goods to be used and then discarded. We have created a “throw away” culture which is now spreading. It is no longer simply about exploitation and oppression, but something new. Exclusion ultimately has to do with what it means to be a part of the society in which we live; those excluded are no longer society’s underside or its fringes or its disenfranchised – they are no longer even a part of it. The excluded are not the “exploited” but the outcast, the “leftovers”.
54. In this context, some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system. Meanwhile, the excluded are still waiting. To sustain a lifestyle which excludes others, or to sustain enthusiasm for that selfish ideal, a globalization of indifference has developed. Almost without being aware of it, we end up being incapable of feeling compassion at the outcry of the poor, weeping for other people’s pain, and feeling a need to help them, as though all this were someone else’s responsibility and not our own. The culture of prosperity deadens us; we are thrilled if the market offers us something new to purchase. In the meantime all those lives stunted for lack of opportunity seem a mere spectacle; they fail to move us.
He knows that he is pissing us off:
208. If anyone feels offended by my words, I would respond that I speak them with affection and with the best of intentions, quite apart from any personal interest or political ideology. My words are not those of a foe or an opponent. I am interested only in helping those who are in thrall to an individualistic, indifferent and self-centred mentality to be freed from those unworthy chains and to attain a way of living and thinking which is more humane, noble and fruitful, and which will bring dignity to their presence on this earth.
How do you respond to this? First of all, the Holy Father has an incompetent understanding of business and economics, not unlike most "progressives" or social liberals; the fact is that government social programs are notoriously inefficient and ineffective: they rarely cover all the poor, they are often morally hazardous in nature and reinforce a dehumanizing dependence on government. "Trickle-down government" goes through an impersonal parasitic overpaid government bureaucracy, not at all like Church missions that operate more efficiently and cheaper by intrinsically motivated religious, volunteers, and other.

In fact, free markets and free trade have contributed to a higher standard of living; even in Communist China, a measured liberation of parts of the economy has, in figures I've seen, multiplied incomes over the past few decades:
Courtesy of CNN Money
The global economy has similarly lifted literally hundreds of millions out of dire poverty. And the pontiff doesn't understand that greater productivity means lower prices and variety for people on limited income to stretch their dollars; this additional discretionary income means more resources available to spend and invest in the real economy, generating more, often better-paying jobs. Overpriced government services come out of resources otherwise more efficiently, effectively deployed in the real economy. It's not this polemical Marxist nonsense of "exploiting" labor. Businesses, unlike government, must persuade consumers to purchase their goods and services. Businesses cannot sustain losses on an ongoing basis; it looks to trim all costs, not just labor. Business is not employing people as a public service; it hires people to meet objectives. Also the private sector often supports charities which address needs not fulfilled by government; before the US implemented a social welfare net, there were soup kitchens, charity hospitals, donated or discounted professional services, mutual aid societies and fraternal organizations looking to help the less fortunate. Just to harp on a minor point the Holy Father makes about food, take, for instance, the NYC health department which recently issued pushing on-a-string rules and regulations involving donated food items, the net effect of which is to discourage charity.

I could go on for some length, but let me quote well-known Harvard economist Greg Mankiw (HT Carpe Diem):
First, throughout history, free-market capitalism has been a great driver of economic growth, and as my colleague Ben Friedman has written, economic growth has been a great driver of a more moral society.
Second, "trickle-down" is not a theory but a pejorative used by those on the left to describe a viewpoint they oppose.  It is equivalent to those on the right referring to the "soak-the-rich" theories of the left.  It is sad to see the pope using a pejorative, rather than encouraging an open-minded discussion of opposing perspectives.
Third, as far as I know, the pope did not address the tax-exempt status of the church.  I would be eager to hear his views on that issue. Maybe he thinks the tax benefits the church receives do some good when they trickle down.
-Facebook Corner

(Catholic Libertarians.) In 2005 I went with a group to World Youth Day and we first went to Assisi and Rome before the WYD event in Cologne, Germany. We were at the Vatican and found a line for confession. We thought it would be awesome to go to confession at the Vatican, so we got in line. I'd just gone to confession a week earlier, so I was trying to think of something to confess and remembered that I always forgot to confess to downloading some games and some music when I was younger. When I got into the confessional at the Vatican (likely with some cardinal, although I like to imagine it may have been the Pope!), I made my confession, and the guy all but threw me out. In more or less words, he told me to stop wasting his time and it wasn't a sin. In an annoyed and exasperated fashion, he quickly mumbled an absolution just to get me out and told me not to worry about it. And that's my confession at the Vatican story, lol. I recommend researching the evils and immorality of the modern statist concept of intellectual property from our favorite Catholic libertarian: https://www.google.com/search (Jeffrey Tucker and IP) If it is stealing to copy my book, wouldn't it also be stealing to repeat my joke? If copying my idea really is stealing, then why is it not stealing to copy my work after the patent or copyright runs out? I mean, is it my property or is it not my property? Isn't it simple justice to require you and I to pay royalties to the inventor of fire or the wheel (or to his heirs)?
Given the fact that the Catholic Church is not exactly headed by knowledgeable economists, it doesn't surprise me. Let's put it another way: if your sister bought a CD with her own money, and you swiped it, would it be a sin? Of course. So why does the concept change just because the CD is in another form? Or say, if you copied test answers from a fellow student's answers, would that be wrong? Of course! What conceptually changes, just because the content has been digitized? If a novelist works for years on a manuscript, and you copy it, and make it available to everyone free of charge, why would any publisher pay money to him? They can't publish it profitably... Continuing with your rationalization below, yes, it would be wrong to repeat your joke without attributing the source; I do see fair use sampling as a way of promoting another person's work and make some exceptions for private, non-commercial use, e.g., a backup of purchased music. As to getting into nonsensical things like licensing the wheel and fire, no, you do not license general concepts (although you might innovate in methods to produce fire or a wheel). Many marketers of intellectual property have a trial concept, e.g., borrowing a book from the library, streaming of a pop diva's latest album, using a piece of full-featured software for a week. There are some contextual differences; for example, I thought the King family screwed up during the recent golden anniversary of the "I Have a Dream" speech. This was a public speech, with no money paid for attending the original rally or playing on national television; I could understand when Dr. King sued someone for marketing the speech without his knowledge or consent; posthumously, the King family has used the full performance as a fundraising mechanism. No problem with that, but they were demanding royalties for historical retrospectives of the speech.

(Milton Friedman group). "I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. 

The reason I am is because I believe the big problem is not taxes, the big problem is spending. 

The question is, "How do you hold down government spending?" Government spending now amounts to close to 40% of national income not counting indirect spending through regulation and the like. 

If you include that, you get up to roughly half. The real danger we face is that number will creep up and up and up. 

The only effective way I think to hold it down, is to hold down the amount of income the government has. The way to do that is to cut taxes." --Milton Friedman
 If everyone had no income taxes , prices for everything would go up accordingly.
 If everyone had no income taxes, we would have more discretionary income to invest, save or consume in the real economy, and we would not be providing a disincentive to produce to scale. Prices would only go up if we did not pursue a sound money policy, e.g., if we printed money to paper over government deficits. Granted, given freeloaders and crony interests, cutting budgets is easier said than done.

Via LFC
 Yes [government services] can be provided on a voluntary basis. Government debt should be used for war only and most people are NOT free riders and only in a society that has abandonned the core idea of capitalism, getting what you pay for, is where free riders are a primary problem. Most people are honest.
If "getting what you pay for" is a key criterion, apply it to wasted government revenues starting with the first Congress. If government was forced to compete like the free market, it would have long gone bankrupt.

This is the problem with the conservatives they have no solution, they see government as an evil. 
The problem is good government is a necessary good. It is good when government tracks down real criminals like murderers and rapists and uses force to eliminate those that initiate force. This in the long run leads to less force. Criminal enterprises are not viable methods of making wealth. Drug prohibition is not proper government and it fills prisons and averts police from solving real crimes. Bernie Madoff or the mortgage fraud of Fannie and Freddie should have been caught but instead government is treating honest bankers like criminals.
Clueless people like [discussant] don't realize that they presuppose what is to proven, i.e., the necessity of a Statist "solution". Once a conservative or libertarian is sucked into playing on the court of whom is the better megalomaniac master legal plunderer, the battle is lost. The free market will provide for consumer wants and needs without some desperate, failed central planner; the central planner proposes morally corrupt handouts and regulations which impede the free market. All trickle-down government succeeds in doing is feeding the parasitic bureaucratic class.

Take for instance Obamacare, what should be done instead? Removal of improper interstate commerce laws in insurance and removal of regulations strangling healthcare. The conservatives believe state Romney care should be the solution or nothing should be done?
Conservatives have never believed in RomneyCare; RomneyCare was more of a defensive strategy to avoid a state single-payer approach and to deal with Bush Administration threats to cut off federal Medicaid funding because they thought they were subsidizing "freeloaders". The Heritage alternative to universal HillaryCare was a catastrophic plan, not operating with a penalty approach but tax incentives (which aren't available in the after-tax individual policy market).  Don't be lazy--actually research a topic.

Second note: the issue was not interstate legislation but anti-competitive state regulations, saddled with special-interest mandates, dysfunctional policies like guaranteed issue and community ratings, medical profession cartels, etc. Many corporations, operating across states, self-insure, with a pared-down federally-approved bundle of essential health benefits; conservatives wanted to generalize this policy, but "progressives" blocked them, terming it a "race to the bottom" approach.

 SINGLE PAYER NOW. Corporate denial of care KILLS.
 FREE MARKET NOW. Government delays in drug/other approvals or treatment KILL.

(Bastiat Institute). Time preference is a categorial requisite of human action. No mode of action can be thought of in which satisfaction within a nearer period of the future is not--other things being equal--preferred to that in a later period. The very act of gratifying a desire implies that gratification at the present instant is preferred to that at a later instant. He who consumes a nonperishable good instead of postponing consumption for an indefinite later moment thereby reveals a higher valuation of present satisfaction as compared with later satisfaction. If he were not to prefer satisfaction in a nearer period of the future to that in a remoter period, he would never consume and so satisfy wants. He would always accumulate, he would never consume and enjoy. He would not consume today, but he would not consume tomorrow either, as the morrow would confront him with the same alternative. (Mises)
Remember how the Internet mania in the late 1990's was exacerbated by businesses submitting multiple orders to ensure fulfillment? They would cancel superfluous orders after fulfillment. Companies overestimated demand, which caused a big hangover in the tech sector during the early 2000's; liquidations of near-new tech goods from bankrupted customers further saturated the market. Some of the unintended effects of easy Fed money policy in the aftermath of the Asian crisis and Y2K bugaboo.

Via Bastiat Institute
In celebration of Washington state's economically illiterate Unemployment Act for Young, Inexperienced, or Low-Skilled Workers: why not make technological substitutions more feasible?

The Case For Impeaching Barack Obama - Crimes Domestic (Part 2 of 2) | The Libertarian Republic http://bit.ly/1b64fPC
Unless there's a major shakeup in Congress after the 2014 midterms, impeaching Obama will never happen. Too many House and Senate members, Democrat and Republican, are co-conspirators in his crimes and they should be impeached right along with Obama.
I think the issue is more on Senate conviction of an impeached Obama; impeachment would provide demoralized Dems an election issue. Besides, Obama bought anti-impeachment insurance: think President Joe Biden.

(Personal Liberty). Whether to grant amnesty to 11 million illegals is being debated in the House once again. Do you think illegal immigrants should be allowed to become U.S. citizens? http://poll.personalliberty.com/Poll.aspx/immigration-2013?SC=P01687799
Yes. The economy benefits from unauthorized residents whom worked around an overly restrictive immigration law. Deporting 11 million people--many of them American citizens from birth--is infeasible, and anyone suggesting we should split up families is on dubious moral authority.



(LFC). Let's assess what actually happened here, and not what all the absurd bs the state tries to instill in people about government edict enforcers. 

We have two adults having a tug of war with a box. That isn't a "crime", at all. The store, who set up the situation (black Friday sales) smartly realized they will probably need a little extra security help for this particular day, so they did the right thing and sought it out. Unfortunately, they sought the help of armed thugs wielding bloated egos and the legal usage of extreme force, and not people that would help them make more sales and will actually protect their store and customers. 

So, when an altercation broke out, instead of having people that can exert no more force than the average person with good judgement (like an actual security officer) who might seek an end to the altercation in a more peaceful and calm manner, the store has two armed thugs who believe in their own head they can grab unarmed ladies however they wish without any recourse. They're right, of course. Who is going to help an innocent person that isn't fighting back? Nobody, because they know they are fucked if they do. They will be charged with obstructing "justice", assault on an "officer" and so on. 

From what it looks like to me, the female government edict enforcer, who slipped a little while attacking the lady with the box, didn't have actual control over the lady's body, so once the male government edict enforcer who is about 100lbs heavier noticed that, he came over to use even more force to put the lady to the ground in a manner that was entirely unnecessary. Then he put his knees on her back while the out of shape female government agent handcuffed her.

Government edict enforcers, from my experience, typically "serve and protect" their egos and not much else. The store hired the wrong people to help ensure the safety and protection of their customers and an orderly black friday, and, in my opinion, are liable for the way that situation was handled. 

In a free society, the most that would have happened is they would have been kicked out of the store for the night and neither would have gotten to purchase the the things they wanted.

To be clear, I believe undoubtedly some government edict enforcers have a more gentle nature and are willing to use their jobs as an avenue to help others, but this is a case of two armed thugs exerting their control, and that's it. 
I don't understand why Wal-Mart didn't intercede and offer one of the ladies a rain check and a discount certificate good for the day's purchases. Another alternative would be to raffle off limited-supply items. In no case is the unprovoked legal assault of a store patron morally acceptable. In my opinion, Wal-Mart should terminate the store manager for cause, and charges should be filed against the security personnel.

Musical Interlude: My iPod Shuffle Holiday Series

Sarah Brightman, "Child in a Manger". In a prior holiday season, I stumbled across this song (the same melody is used in one of my favorite tunes, "Morning Has Broken", an upcoming selection) and liked the performance so much I licensed it for download. Incidentally, when I was on Amazon.com the other day, I noticed that they have a significant selection of holiday songs (including upcoming selections, like Faith Hill's "Where Are You, Christmas?", on sale for download at 69 cents, including original classics by Gene Autry, Burl Ives, Trans-Siberian Orchestra, McCartney, Eartha Kitt and more. (MP3 Downloads, Holiday Music, $0-.69). In past seasons, Amazon has also featured a free holiday single download daily during December

Friday, November 29, 2013

Miscellany: 11/29/13

Quote of the Day
A genuine leader is not a searcher for consensus 
but a molder of consensus.
Martin Luther King, Jr.

Image of the Day


Via We the Individuals on FB
International State Teacher Union Monopolies



The Illinois Pension Kerfuffle

Madigan (father of the state attorney general) is a powerful Democratic state legislator in Illinois. Illinois Policy Institute has an interesting analysis of the Madigan "you have to pass the bill to see what's in it" proposal: it doesn't make Rhode Island-like higher retirement age reforms, employee contributions are going in the wrong direction, it only makes a modest reduction of the unfunded liability, COLA's are not means-tested, and pension distributions are prioritized over state essential spending. Thumbs DOWN!


Facebook Corner



(Bastiat Institute). Socialist absurdity strikes again. Kmart decides to serve its customers and offer its employees overtime, and socialists outrage. What other silliness have you seen or heard about during the holidays? http://money.cnn.com/2013/11/05/pf/kmart-black-friday-customer-outrage/
As an IT professional, I've often had to work nights, weekends and holidays on straight salary, no overtime, no bonus (maintenance work, upgrades, etc. had to be done when users weren't on the database). It goes with the territory; lots of people work similar hours, e.g., some people eat out on Thanksgiving, other people may have a health emergency, others are serving in the military overseas. For a number of jobs, working holidays or odd hours pay extra, and in other cases, you sometimes get comp time off. Now personally I never shop on Black Friday because of the crowds, parking, etc.; as for Kmart opening on Thanksgiving, why not? I usually can't shop during business hours; I usually shop when I'm off--including Sunday, a day of rest for many Christians. That some people would try to impose their judgment over the preferences of other consumers is outrageous. Stores wouldn't be open if there wasn't a customer demand for it.

(Bastiat Institute). Capitalism for the win. Today is proof that capitalism is the winner of history. For evidence, check your newsfeed for the many images of feasts being enjoyed that were impossible for common people 200 years ago or even kings 500 years ago, and further consider that though we make a big deal out of this day, we actually eat better than the highest of the highest elites in ages past and we do this every day -- and think nothing of it. We've learned how to serve each other in peace, and astonishing prosperity is the result.
I had multiple comments here; if you've detected a pattern over the past posts, I'm increasingly annoyed by the obsession of the progressive trolls with corporations, bankers, etc. or even defensive free marketers will argue that the trolls aren't dealing with the free markets but with crony capitalists. There are some conceptual errors here;  under a government-dominated economy, the government has the upper hand; the issue is more of a corrupt bargain set by the State

(Catholic Libertarians). Does "Thou shalt not steal" include copying intellectual 'property'? ~Mark
Yes, exploiting another person's work for your private gain without just compensation (e.g., licensing) is stealing property and morally reprehensible.
Copying is not theft. When one steals from me, I no longer have the thing that was stolen. When someone copies me, I still have my thing; someone else has it, too. There are now two of the thing. That said, is it morally okay to copy without permission? Maybe not, but it still isn't stealing.
That's a predictable, superficial rationalization for thieves. If someone steals a copy of my prototype, design, song, whatever, and profits from it, e.g., beats me to the marketplace with my own product, it is stealing. Saying that I still have my original copy is no consolation.

(Drudge Report). Boy with cancer loses coverage after Obamacare launch...Mike Tyson jabs rollout...
Lack of Doctors May Worsen... Some progressive troll falsely alleged that some Republicans voted for ObamaCare. I personally thought it was a troll trying to jerk the chains of conservatives, but at the end of the thread was an extended rant by another troll, whom basically argued that federal policy was necessary to address patient rights (as if healthcare was unregulated...), that Republicans didn't have an alternative plan, that Romney/ObamaCare is just policy from the conservative think tank Heritage Foundation, and then starts "shouting" (in caps) for the rest of his rant.
[Discussant]  is a "progressive" troll that just published pure crap; he's just repeating "progressive" propaganda and doesn't have the intellectual integrity to research the issue. First, healthcare was regulated by all 50 states. I believe that multiple states, including Massachusetts in 1996, passed the economically illiterate guaranteed issue and community rating policies that not only violate the very concept of insurance but made Massachusetts insurance plans among the highest costing in the country. Second, the idea that RomneyCare was the result of Heritage policy is a flat-out lie. It is true that conservatives proposed an alternative to HillaryCare, a nationalized healthcare system, but it was nothing like RomneyCare or ObamaCare. The conservative plan was for catastrophic care, not the centralized fusion of ordinary health expenses and special-interest mandates. (See Butler's discussion of this topic here: http://blog.heritage.org/.../dont-blame-heritage-for.../). I don't have the time or patience to debunk the rest of his economically illiterate rant.

(Reason Magazine) Rent control actually forces prices upward, especially over the long term, by diminishing the supply of available rental housing.
Across the bay from San Francisco, some towns have rent control and some don't. Guess which ones are having the same problem with rent inflation... That's right. All of them. People are getting priced out of the market because lots of people with money want to live there.
Well, obviously, a limited supply of non-rent control apartments, given supply/demand, upper-income are more willing and able to meet the market price. We would need to know other facts to know why non-rent control rents are rising (e.g., some people working in SF may be commuting from surrounding communities, competing for available rentals, property tax increases passed along to residents and/or upkeep inflation, zoning restrictions, etc.). I bet you'll find other government policies also contributing to rental inflation

(Catholic Libertarians). Another discussion on the pope's new exhortation, which criticizes capitalism.
Evangelii Gaudium actually does have some strong criticism on free markets and deep misunderstandings of what they are. Pope Francis goes beyond the idea of giving more, and in section 204 he claims we need programs and mechanisms to better distribute income. Now if he's talking about government programs then he truly is a statist, but if he's talking about voluntary programs he's advocating the very free market solutions he criticizes.
The fact is that in America, fraternal organizations and mutual aid societies flourished before our welfare state. I think the pontiff underestimates the "invisible hand" of charity; it's like he buys into "we (the State) can't afford to do nothing" Obama. The pope doesn't seem to grasp the concepts of unintended consequences or opportunity costs or the morally corrosive effects of government policies that promote dependence on government. He also lacks training in economics; for instance, on the bugaboo of income inequality, some of that reflects the deterioration of the family over the past few decades, e.g., single-parent households. (So, for example, if a couple divorces, the family becomes 2 households and drags down the average.) I do find it paradoxical that the pope would promote Statist policies (and I do think he is), given his Argentinian roots. In Heritage's index of economic freedom, Argentina is ranked #160, in the "repressed" category.
Via Cato Institute

(Here I'm responding to a thread where people are quibbling over the definition of democracy.) Don't make de Tocqueville out to be an idiot. In his "Democracy in America" he writes "Tyranny in democratic republics does not proceed in the same way, however. It ignores the body and goes straight for the soul." He knows that we do not live in a democracy of mob role. But he does understand an oppressive majority, e.g., from 2009-2010, where Obama and Democratic super-majority in Congress marginalized the GOP.


Via LFC
Why are you guys still bashing Bush 5 years after leaving office, the last 2 years of which he had to deal with a Democratic-controlled Congress? How can you possibly compare the two? Obama ran against Bush for 4 years and bashed him his entire first term. Obama ramped up Bush's Afghanistan policy and his drone policy; he renominated Bernanke; he's already added more debt than Bush, although Bush had bookend recessions of a greater duration.

Oh my God, how much crap in this thread. Banking conspiracies. 9/11 conspiracies. No actionable information on the 9/11 attacks--you had a failure to connect the dots because of bureaucratic turf battles. Recall Bush ran AGAINST nation building. Bush and other Western intelligence sources had tragically flawed intelligence on Iraq. Keep in mind that on Obama's watch, at least two prominent terrorists (the underwear bomber and the elder Boston Marathon terrorist brother) went undetected because of misspelled names. Obama had more Afghanistan casualties in one term than Bush had in 2, and Obama just reupped us for a 10-year extension there. This is the same guy whom claimed to have the judgment not to get us into Iraq. I regret Bush's interventionist policies and unacceptable failure to control spending, but Obama is like Bush on steroids, even in drone policy.

Political Cartoon

Courtesy of Robert Ariail and Townhall
Musical Interlude: My iPod Shuffle Holiday Series

Melissa Etheridge, "Christmas in America"

Thursday, November 28, 2013

Miscellany: 11/28/13 Happy Thanksgiving!

Quote of the Day
I not only use all the brains that I have, 
but all that I can borrow.
Woodrow Wilson

Give Thanks to Property Rights, the Invisible Hand and All

A trio of recommended posts. First, Ben Powell, who heads Texas Tech's Free Market Institute, penned an article of how the Pilgrims had evolved from a communal/socialist economic system, which was a miserable failure, to one where individuals were given their own plots of land, but the community no longer had an obligation to feed them. The Reason video below has a similar message.

Second, one of my favorite Austrian School economists and prominent Lincoln critic, Tom DiLorenzo, has a piece on how Lincoln nationalized state Thanksgiving holidays. DiLorenzo writes beautifully and powerfully; here are just a couple of paragraphs that grabbed my attention:
This was an obvious attempt to falsely equate “the country” with “the government” in the minds of the public.  War always explodes the size, scope and powers of the state by crippling, diminishing, nationalizing, or destroying parts of the civil society and the private enterprise system.
Lincoln never attempted to explain why God would punish only Americans for the sin of slavery while ignoring the fact that some 95 percent of all the slaves that were brought to the Western Hemisphere were kidnapped and transported there by the British, Spanish, French, Dutch, and others besides Americans.
Finally, there's the timeless piece by Jeff Jacoby: think of "I, Pencil" applied to your supermarket  turkey; a telling excerpt:
To bring that turkey to the dining room table, for example, required the efforts of thousands of people -- the poultry farmers who raised the birds, of course, but also the feed distributors who supplied their nourishment and the truckers who brought it to the farm, not to mention the architect who designed the hatchery, the workmen who built it, and the technicians who keep it running. The bird had to be slaughtered and defeathered and inspected and transported and unloaded and wrapped and priced and displayed. The people who accomplished those tasks were supported in turn by armies of other people accomplishing other tasks -- from refining the gasoline that fueled the trucks to manufacturing the plastic in which the meat was packaged.
No turkey czar sat in a command post somewhere, consulting a master plan and issuing orders. No one rode herd on all those people, forcing them to cooperate for your benefit. And yet they did cooperate. When you arrived at the supermarket, your turkey was there. You didn't have to do anything but show up to buy it. If that isn't a miracle, what should we call it?
Adam Smith called it "the invisible hand" -- the mysterious power that leads innumerable people, each working for his own gain, to promote ends that benefit many. Out of the seeming chaos of millions of uncoordinated private transactions emerges the spontaneous order of the market. Free human beings freely interact, and the result is an array of goods and services more immense than the human mind can comprehend. No dictator, no bureaucracy, no supercomputer plans it in advance. Indeed, the more an economy is planned, the more it is plagued by shortages, dislocation, and failure.
A bonus: Tom Woods' wife posted her secrets of preparing and roasting the "perfect" turkey here.



A Commentary on Pope Francis' Controversial Exhortation



Free Speech and Persuasion



Facebook Corner

(LFC). Milton Friedman was not perfect, but he was great on a lot of issues. He was an eloquent advocate of liberty and his contributions included helping end the draft. What do you think about Dr Friedman?
I liked his leadership on the free markets at a time where it was not part of academic groupthink. I have some concerns about Friedman's advocacy of certain central bank activist tactics like quantitative easing, which I find inconsistent with a market-based philosophy.

(Libertarian Republic). Documents reveal NSA monitoring online porn-viewing habits of radicals | The Libertarian Republic http://bit.ly/1brGDaR
Since when is porn a national security issue? This attitude of preemptively collecting information "so long as it's not abused" makes a mockery of our right to be left alone by the State

(Cato Institute). "A leading foreign policy scholar once described alliances as 'transmission belts for war,' mechanisms for converting local conflicts into far wider and more destructive wars. We now have a graphic example of that danger in the U.S. security treaty with Japan."
The idea that we should not get sucked into a war over disputed ownership of uninhabited islands not even our own is hardly "appeasement". The US should not be held hostage by regional disputes that are none of our business.

Catholic Libertarian group posted the above commentary on Pope Francis' exhortation.
I'm disappointed that paragraph 204 wasn't mentioned. The Pope comes out pretty hard against free markets when he says "we can no longer trust in the unseen forces and the invisible hand of the market." He then proceeds to state that we need "programs and mechanisms" that are geared to a "better distribution of income."
I agree. I think he has been unduly influenced by his exposure to the Argentinian economy. He has a populist streak as well. I do think that he sees the economy in zero-sum fashion; I find it odd that he looks at Statist solutions, given the miserable failures of the Argentinian governments.

(Libetarian Republic). Barry Goldwater was one of a kind. The people who supported him are the direct ideological ancestors of the modern Tea Party and liberty movements.
I disagree. The Old Right (e.g., Robert Taft) was non-interventionist. Goldwater was not a dove on Vietnam.

We the Individuals posted on a HuffPost piece that apparently Washington state voters approved a hike in the minimum wage to $15.
Well, the majority of voters in Washington are economic illiterates. How a majority of voters can be allowed to infringe on the rights of an employer and worker to come to a fair wage is beyond cruel: they are sentencing inexperienced or low-skilled individuals to unemployment; others may find their work hours reduced. etc.

(Milton Friedman group). "The United States had free immigration throughout the 19th century, and up until World War I really. But that was possibly because the United States was not a welfare state. When my parents came to the Untied States at the end of the 19th century, they didn't get any welfare when they got here. They were able to exist by the charity of relatives who had come here earlier. They were able to make their way in a free market, and therefore people only came here, people came to the United States to use their resources and their capacities, and were productive and help themselves and help the rest of the people who were here. But, if you have a welfare state, in which immigrants, as now, are eligible to receive relief, to receive benefits and so on, you have people immigrating, not in order to use their resources in a productive way, but as it were to be parasites on the rest of the society. And unfortunately, there are an infinite supply of people who want to live on someone else's expense. And so, the result of that is unfortunately completely free immigration, in my opinion, in a welfare state." --Milton Friedman
The federal government nationalized what had been done by mutual aid networks and fraternal organizations (cf. Beito). (And the kind of aid wasn't handouts, but rights involving reciprocity.) Past immigrants who made use of these support systems weren't "parasites". I also think that people who leave their birthplace, relatives, and customs to seek their fortune in a new country are not motivated by public handouts but to seek a better life for themselves and their children. Most economists realize a more open immigration policy is a win-win proposition for long-term economic growth. Let us reform morally hazardous public social policy, but not pursue anti-growth restrictive immigration policies.

(Bastiat Institute).  We're thankful for the division of labor, the savings and investment of the billions of people that came before us, the entrepreneurship that continues to propel this world forward into new possibilities that wouldn't have existed otherwise, and the mutual benefit through voluntary exchange that helps to enrich society. Mostly, we're thankful for the liberty that each of us have that enables us to pursue our own happiness. 
I'm grateful for the contributions of courageous individuals whom stand against the status quo, defend the rights of individuals against the State, add to the world of knowledge, innovate and anticipate consumer needs and desires.

Political Cartoon

Courtesy of Glenn McCoy and Townhall
Musical Interlude: My iPod Shuffle Holiday Series

Once again, I started Thanksgiving by watching the Macy's parade; I didn't buy a turkey this year (one of my favorite foods) because I thought I would be on a business trip over the holiday.... Christmas has always been one of my favorite times of year--not because of presents but the traditions: the trees and carols, the various Christmas TV specials and movies, etc. (There are other things I despise like the office Secret Santa or the company holiday parties, where it always seems a couple of people get a little too drunk; luckily I haven't had to do either in years.) I have an extensive collection of holiday CD's and DVD's. Given my recent/ongoing iPod Shuffle series, I thought this holiday season I would feature my favorite tracks which I have licensed  for download or have purchased CD/LP tracks. The first track is my latest favorite; I think I downloaded it in an Amazon promotion. Technically it was released 10 years ago, but I first heard it recently. Macy's vocals are spot on, and the arrangement is irresistible.

Macy Gray, "What I Want For Christmas"

Wednesday, November 27, 2013

Miscellany: 11/27/13

Quote of the Day
The line between failure and success is 
so fine that we scarcely know when we pass it: 
so fine that we are often on the line and do not know it.
Elbert Hubbard

Image of the Day: Ethanol vs. Food


Courtesy of Smart Fuel Future
HT Carpe Diem



































Reason's Nanny of the Month: Nov. 2013



Why Harry Reid Went Nuclear--and Why Obama Wanted It

Obama is trying to pack the DC court, and there's a basic rule of law issue why the GOP has been worried about the DC court: it has to do with administrative pushing the envelope in terms of exercising its politically motivated discretion. But before proceeding, let us look at the bugaboo of the alleged GOP stonewalling of Obama's nominations:
Courtesy of JudicialNominations.org
So Bush only had 20 more judges confirmed than Obama and 34 fewer than Clinton; Obama has 3 more years, and a lot of his nominees have carried with no opposition. Here's a relevant excerpt from Cato Institute:
As many have noted, even those who oppose judicial filibusters, Reid was fine with Democratic filibusters of George W. Bush’s appellate court nominees. He couldn’t endure the turn-around...Judicial emergencies have increased 90 percent since 2006, and the vacancies with nominees have declined from 60 percent to 47 percent. Yet rather than attend to filling those vacancies, Obama and Reid are focused on adding three more judges to the already seriously underworked and overstaffed DC Circuit. That speaks volumes, of course, about what their agenda is. As I wrote yesterday, the DC Circuit’s docket is mostly about challenges to administrative decisions. Judges in such cases have considerable discretion about whether or not to defer to the judgment of those agencies. If you want to rule by executive diktat, as Obama plainly does, you’ll want “your people” on that court, deferring to “your people” at EPA, HHS, OSHA, the FEC, the IRS, and so on down the line. Let the folks out in the country wait a little longer to get justice.
Facebook Corner

LFC commenting on the Libertarian Republic's rebuttal of Pope Francis' anti-capitalist rhetoric.
Read the declaration. It's like, seventy pages. It barely talks about Capitalism at all. When it does it uses the term to refer to a very general sense of the corporate government partnership and not to the actual definition of Capitalism. The government incited media will use this declaration against the free market but the declaration is not against the free market. Read it so you will be able to counter the government media point by point. Don't just assume that the media is correctly interpreting what he said.
Will the progressive trolls stop bashing corporations? The economic illiteracy is staggering. In laissez-faire capitalism, we don't care about the nature of the producer. The issue with corporatism is NOT the supplier but THE CORRUPT GOVERNMENT. For all the nonsense about Citizens United, keep in mind for-profit corporations are not responsible for multi-asset bubbles, government subsidies and policies encouraging risky mortgages, etc. Bottom line: corporations, like any other business, cannot force you to buy their goods and services. Politicians shouldn't bribe them with tax breaks, and no bailouts, PERIOD! A corporation can't elect a corrupt politician. I've pointed out elsewhere, the popes have bashed capitalism AND socialism for over a century. The issue they have is that capitalists seem motivated by greed--not property per se. I do think they see it in zero-sum terms. I don't think Warren Buffett or Bill Gates are motivated by greed, but by other things like the challenge of business success, their legacy, etc. Buffett is working long after most people have retired; he lives in a regular house, a functional, nondescript car, etc. He could live a luxurious retirement of private jets, 5-star hotels and restaurants. But he's leaving the bulk of his wealth to a philanthropy.

This is in a Tom Woods thread where one discussant asks about the deflation bugaboo:
What exactly is the downside of "deflation"? Keynesians speak of it as if it were an outbreak of Yersinia pestis. Who gets hurt if prices *uniformly* drop?
Well, technically, it's the reverse of the effects of inflation, where the lender loses to borrowers, whom pay back in cheaper dollars. So, for example, if you have to find a new job, you may have to take a pay cut although you still have to make the same mortgage and car payments--they don't shrink with your pay. So the idea is your payments are increasing in real vs. nominal dollars, you have fewer discretionary dollars to spend or invest. Lenders gain in the sense if they took possession of your house, they could only get the current market price for the house, which is likely far less. Take the banks, especially if they weren't diversified--say, lending mostly to farmers (new equipment, seeds, whatever). Farm prices fall below projections, farmers go belly-up, can't pay off their loans, and the banks with a number of bad loans also go belly-up. Say, this leads to a cascading effect on other banks.... In my view, this is a problem that bad government policy exacerbates. Inflation doves like Yellen (the Monetary Felon) think a little inflation is good for the economy, e.g., it reduces the real cost of labor.

(LFC). I've always made this point about family owned stores vs. big box stores. Big box stores are illegal in New York City, there are only family-owned bodegas and pricey supermarkets like Whole Foods. In bodegas, there is no opportunity for advancement: Either you're part of the family and can move up, or you're not and you don't. Not to mention the fact that the bodegas charge about four times as much as Wal-Mart. (Teal)
What is it with all these economically illiterate anti-corporation types? As the vintage Osmond hit goes, "One bad apple don't spoil the whole bunch." Corporations provide goods and services--often at lower prices. Get this through your heads, trolls: low prices are good; they stretch the dollars, particular those on tight budgets. Wages depend on things like skill sets, productivity and supply and demand. Some of the comments above make good points: in many cases, sweatshops often provide better wages than prevailing wages in the area. And it is appalling to apply our cultural biases, wage policies, etc., in other areas. It is as intellectually dishonest as "progressives" whom seek to prohibit unskilled/inexperienced workers from accepting an initially lower-paying job--thanks for nothing: "progressives" hurt your shot at getting any income. I do wish Ron Paul wouldn't use the term corporatism to describe economic fascism--because unfamiliar people might take it as anti-corporate. Libertarians support voluntary associations like corporations. Here's a quote from Ron Paul: "Socialism is a system where the government directly owns and manages businesses. Corporatism is a system where businesses are nominally in private hands, but are in fact controlled by the government. In a corporatist state, government officials often act in collusion with their favored business interests to design polices that give those interests a monopoly position, to the detriment of both competitors and consumers." You can be a dominant player like WalMart without a corrupt relationship with government: you win by competing for customers, not by using government, say, to handicap the competition.

Tom Woosd published a photo of Bill Gates' bookcase which featured Woods' writeup on the 2008 economic tsunami on the top shelf. I finally got fed up with the Gates-bashing in one thread.
I see the economically illiterate anti-corporate types are active in this thread. The Politics of Envy is so pathetic and intellectually dishonest. Gates was/is a shrewd businessman; Apple didn't want to license its platform and became a niche player. Microsoft, which never published a DOS spreadsheet, quickly dominated the emerging Windows office suite market. This had nothing to do with government meddling on Microsoft's behalf. In fact, Microsoft has been targeted by economics-illiterate antitrust populists. (I have never been affiliated with Microsoft or held Microsoft stock. In fact, when I was an MIS prof, the administration was upset with me because I was using a competitor's COBOL compiler; MS COBOL, which the business school had licensed, at the time did not conform to the new language standard.)

(Cato Institute). "The ACLU of all groups should have no reason to see this as a “difficult choice” or as a conflict of constitutional values. Free speech and expression rights, which extend to the right not to engage in expression on behalf of a cause one deplores, are central constitutional values and the ACLU is the very first organization people turn to to defend them."  This deals with a case I covered in the blog some time back, where New Mexico went after Christian photographers whom refused service for a gay couple event.
The anti-liberty standpoint in this thread is morally appalling. Force is not acceptable, PERIOD, even on the basis of political correctness. Personally, I oppose "gay marriage" but I'm not in business to turn down paying customers--I respect their right of discretion. Photographers shouldn't need any reason to turn down a paying gig, any more than, say, Bruce Springsteen turning down a gig at a GOP event. What you "progressive" trolls are advocating is a form of slavery. Do you mean in a free market there isn't a gay-friendly photographer willing to take on a paying gig? I seem to recall the gay couple did find another photographer--but decided to sic the Statist dogs on the principled vendors.

Political Humor: Remy is Back With Another ObamaCare Spoof



Political Cartoon


Courtesy of Gary Varvel and Townhall
Musical Interlude: My iPod Shuffle Series

NOTE: I'll resume my series after the New Year. Incidentally, I almost lost the series' namesake yesterday; I've been out in drizzly weather before with my shuffle without incident, but I almost learned the hard way that shuffles aren't waterproof. I'll have to be more careful, because I don't want to spend $45-50 on a replacement.

The Marmalade, "Reflections of My Life"

Tuesday, November 26, 2013

Miscellany: 11/26/13

Quote of the Day
When you come to the edge of all the light you know, 
and are about to step off into the darkness of the unknown, 
faith is knowing one of two things will happen: 
there will be something solid to stand on, or 
you will be taught how to fly.
Barbara J. Winter

Chart of the Day: Fed Printing and Stocks

Via Wealth Daily
Facebook Corner

Via LFC: Caption this....
 "ObamaCare was just my opening act; I've got 3 more years, people."

(Tom Woods). I am sitting here at the DMV. 25% of one guy's job is to show people where the machine that gives you a number is. Note what does not occur to them: move the number machine to where people can see it as they come in. Instead, they have hand sanitizer where you would think the numbers would be.
They've never been to a sandwich shop or taken Southwest Airlines... A lot of times they want to have people presort into queues, e.g., titles, renewals, etc. It reminds me when I went to renew my passport last year at the USPS. It turned out only one window supported passports, you first had to have an appointment (mostly to double-check completed forms), and they logged appointments in a paper notebook. This kind of nonsense just drives a former MIS/business school professor nuts. What you're describing, Tom, is designing for error. Donald Norman wrote a great book on this years ago called "The Psychology of Everyday Things" (I think the title got changed at one point to "The Design of Everyday Things"). For example, have you noticed some machines won't take a card unless it's inserted the "right way"?

(Reason Magazine). FDA bureaucrats think that they know better than you how to handle your genetic information. This is outrageous. (This involves a sub-$100 genomic test being regulated.)
What's next-censoring health websites just in case a hypochondriac might treat an imaginary disease? I halfway expect Col Jessup to do a cameo "You can't handle the truth!" Of course, we have a right to know what's going on with our own bodies, not a paternalist government or some crony physician cartel censoring us. We are talking objective data here, not subjective judgment.
(LFC, same article). The state hates innovation. Whenever the market produces something new, the state either tries to dominate or destroy that industry. This company produces self-testing kits so that you can see whether you carry any number of certain genes. No one has ever been hurt by their product. Yet the FDA is banning it. Why? Maybe a competing industry has sway. Maybe just because the feds like banning. (Teal)
You're over-analyzing this. It's plain old paternalism. We might diagnose and treat ourselves; we are not competent--we haven't through years of med school. We might do something drastic like kill ourselves over bad news. Better let some stoic doctor meter the bad news to us.... This doesn't require a conspiracy, people; it's just Big Nanny as usual; let's make medical product ads talk about side-effects, no high-carb foods and drinks in school vending machines, limits on soda sizes, warnings on cigarette packs...

Courtesy of the artist via LFC
I find it amusing when people bad mouth TSA workers, I have traveled numerous times and have never had an issue with one. In fact, every TSA worker I have had an experience with has been friendly, easy to work with, and generally pretty open to a couple friendly jokes. I am guessing if you dislike all TSA workers from all your bad experiences you are probably the problem.
Expletive deleted! Obviously you never almost got bumped from a flight because some idiot "forgot" to stamp your boarding pass after completing the first screen and you had to go through a second wand search at the gate. I guess you just don't have a problem with the concept of unconstitutional searches to begin with. Not one American ever brought down a passenger plan in decades of domestic air travel. It not just that the searches are unconstitutional, they are ineffective. There have been audit tests showing 15% or more failures.

(Bastiat Institute). Big day today: my property tax bill came in the mail. It includes an itemization of eighteen different stated reasons for the parish's extortion. Only two of these items -- those for the fire district and the mosquito district -- pertain to services I actually value. (Whether I value them as highly as I'm being charged is another matter.) These two items add up to just 22 percent of the total. The parish army of occupation (humorously identified on the bill as "law enforcement") accounts for only 11 percent of the total. (Of course, this local army will supplement its tax revenue with off-the-record theft and on-the-record theft via fines and forfeitures.) The six items that compose the largest amount (more than half) of the total pertain in one way or another to the parish schools. We teach our kids at home, however, so in our case this tax has no user-fee rationale whatsoever and amounts to clear-cut armed robbery.

I always get a huge laugh out of those Republican types who wax lyrical about the beauties of local government, which they would have us believe is "close to the people" and subject to our control in a way that the national government is not. It's close to the people all right: close to the people's wallets. In the USA, "the state" consists not only of the national government, but also of the thousands of state and local governments that infest every town, city, county, region, and special district in the land. Good old American federalism: the system under which we are ripped off from top to bottom. - Dr. Robert Higgs
Speaking to the GOP federalism argument, we know that there are several issues with state/local Statism and/or protectionism, including anti-competitive health insurance mandates, occupation licensing cartels, etc. If you are going to have social programs, I would prefer a more bottom-up/decentralized approach, but abuses against individual liberties can occur at any level of government.

(LFC) "Boston resident Sal Esposito has been called to jury duty, but there's one thing standing in the way of his ability to serve: He's a cat...'Sal is a member of the family so I listed him on the last Census form under pets but there has clearly been a mix-up'...Anna filed to have her pet disqualified from the service requirement...The court rejected the request...Sal will have to report for duty" (Teal)
Obviously a cat burglar was on trial...http://www.youtube.com/watch?v=2qSLvkskXFA

Via LFC
You should know better than to use average vs median... "The median expected salary for a typical Chief Executive Officer in the United States is $756,019." http://www1.salary.com/SalarySe.../Graphics/BellCurve_02.gif

I don't have the latest numbers but in April 2012, 'The public’s share of the project is slated to be $548 million and the Vikings must come up with $427 million.... the real cost is much greater because his calculation does not include the value of the property tax exemption on the stadium and the parking ramps, nor the value of the sales tax exemption on construction materials." Extortion of the taxpayer by crony Big Sports threatening to relocate franchises....

(Libertarian Republic). Pope Francis is why we have separation of church and state.
As a Catholic libertarian (there are others among us like Tom Woods, Andrew Napolitano, and Lew Rockwell), I have to cringe over the rhetoric, but if you've tracked papal documents over the past century or so, you'll know that they have been critical of both socialism and capitalism and try to flesh out a middle way. It's hardly a "new enemy". My personal view is that religious leaders should stick to their core competencies of faith and morals and steer clear of science, economics and politics (except on moral issues like the rights of preborn children). I think that the pontiffs have been attacking a straw man of capitalism and free markets, unduly influenced by "progressive' rhetoric. As to the quotes, I think Francis has a talent for stirring the pot and a populist streak, but I don't find his discussions at all persuasive, little more than warmed-over progressivism. For non-Catholics, the pope's authority does not extend to economics. On a more hopeful note, he and the incompetent progressive/populist President of Argentina have never gotten along that well.

(Citizens Against Government Waste). Should taxpayers foot the bill for government workers’ student debt? SHARE your thoughts below.
Hell no! Government workers making up to, if not over, six figures in compensation (salary and benefits) need yet another perk at taxpayer expense? Where does it end?

(Drudge Report). REPORT: Cop raped teen in squad car during routine traffic stop...
Whereas it is true that everyone accused of a crime, including a police officer, is entitled to his day in court, I believe the police caught the officer searching for the victim after the incident (during a night shift), the woman's car was impounded and could be tracked to the officer in question, the woman filed her complaint within hours of the incident, and a rape kit was done. I'm sure there was other evidence, including the victim's description of her assailant. I just can't help wondering why so many discussants seem so skeptical of the arrest--simply because he's a police officer?

Katy Perry and Her Fans

An autistic girl, Jodi DiPiaza,  sang a duet with her idol....



Olivia Wise, a 16-year-old with brain cancer whom notably covered another Perry hit, died Monday.





Musical Interlude: My iPod Shuffle Series

Kansas, "Carry On Wayward Son".  In my tween years, I had a thing for early American history and, for some reason, Greek/Roman mythology--in fact, whenever Jeopardy had a relevant category, I could sweep it. This is such a brilliant rock song--great lyrics, arrangement, and vocals. Any mythology buff will instantly think of Icarus with the verse "I was soaring ever higher, but I flew too high". Daedalus built the labyrinth for King Minos on Crete but lost favor with the king and was imprisoned. Daedalus fashioned two pair of wings, a pair for his son Icarus, made of wax and feathers for their escape from Crete; he advised a flight not too high (the sun) or too low (the sea); Icarus ignored his father's warning and soared, where the sun melted the wax, and Icarus plunged to his death in the sea. Yet the rest of the song doesn't really fit the story (and note that Kansas recorded another song called "Icarus"). "Wayward" is synonymous with "prodigal son"; Icarus may have been disobedient but not wayward, and there was no hope for him to carry on with his life once he plunged to his death. My take of the song is that he is using Icarus to exemplify the impetuous nature of youth and the consequences of our mistakes, yet with perseverance we can muddle through a rough start.

Monday, November 25, 2013

Miscellany: 11/25/13

Quote of the Day
The first characteristic that people look for in a leader is 
honesty.
Don A. Sanders

Pro-Liberty Thought of the Day

"We disapprove of state education. Then the socialists say that we are opposed to any education. We object to a state religion. Then the socialists say that we want no religion at all. We object to a state-enforced equality. Then they say that we are against equality. And so on, and so on. It is as if the socialists were to accuse us of not wanting persons to eat because we do not want the state to raise grain." -- Frédéric Bastiat

Bastiat: A Golden Oldie



Image of the Day

Via Mason Crow on FB
Spoof on the Statist "But Who Will Build the Roads" Meme
Unacceptable



Facebook Corner

Via LFC
I'm tired of the "progressive" troll corporate bashing, especially in this thread. There are various costs and benefits to corporations, far too nuanced to go into detail here, but there are advantages of economies of scale, specialization and limited liability, some drawbacks including double taxation and regulatory overhead. Limited liability does not mean a corporation can't go bankrupt. While populists and smaller businesses may fear the advantages of scale, lower prices and greater variety benefit the consumer. "Government ownership?" Maybe via a few bailouts, opposed by conservatives and libertarians, during and after the 2008 tsunami. (Keep in mind other interests, including Big Labor, had a vested interest in Big Business.) No such thing as "state capitalism": there is a government-dominated economy, sometimes called "economic fascism". (Government doesn't have to own production to control it; think, for instance, of economically-irrational rent control policies.) Poor people are "externalities" of our captialism? What socialist rubbish, totally ignorant of history: poor people existed throughout human history, for a number of reasons, under various governments, particularly authoritarian regimes (consider North Korea). The significant increase in Chinese living standards since the late 1970's resulted from economic liberalization moves, not "improved" state planning.

(LFC). "According to a new report, the federal government spent $59 Billion on social welfare programs in 2006. While that number is high, it is nearly half of the taxpayer dollars given to assist corporations. That number, a staggering $92 Billion."
This is "progressive" propaganda. First, in 2011, the total amount of (tax breaks + grants) for the energy industry by CBO amounted to $24B. Essentially 10% of that went to fossil fuels, mostly from a tax break the government used to encourage exploration when oil prices were low (1913--a variation of depreciation called oil depletion, by the way since 1975, not available to Big Oil). Virtually all of the grants or direct subsidies went to the politically favored green energy sector. Second, the CBO pointed out that energy sector "subsidies" accounted for a small percentage of the hundreds of billions in government subsidies. Now personally I don't want the government trying to play favorites in the economy PERIOD, with other taxpayers having to pick up the slack, but trying to scapegoat royalty holders and smaller producers is politically motivated and intellectually dishonest.

Via LFC
I'm not sure I buy the last statement; how would I benefit from my enemy becoming more authoritarian? If anything, the enemy would be more dangerous; free people generally want to make trade, not war. I would instead argue that the terrorists like the attention they are getting, the exaggerated response, and the staggering, disproportionate resources we are using in that pursuit.


Via Bastiat Institute
Assuming an ongoing Fed, which I oppose, certainly not Yellen, monetary felon. More seriously, I would want someone whom renounces the second (full employment) mandate and activist Fed policy, sound money policy. Any inflation hawk or Fed skeptic, like Jim Grant, or rule-based monetarist would be a step in the right direction, but I would probably nominate someone from the free banking perspective, like Steve Horwitz.

Political Cartoon

Courtesy of Gary Varvel and Townhall
My iPod Shuffle Series

Claudine Longet, "Love is Blue"