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Wednesday, June 30, 2021

Post #5215 M: Ron Paul on Biden Aggression in the Middle East; McClanahan on Can You Buy a Cannon?; Tom Woods on Jefferson v Maddow

 Quote of the Day

To love is to stop comparing.
Bernard Grasset  

Ron Paul on Biden Aggression in the Middle East

McClanahan on Can You Buy a Cannon?

Tom Woods on Jefferson v Maddow

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Political Cartoon

Courtesy of Tom Stighich via Townhall

Musical Interlude: #1 Hits of 1975

Tony Orlando & Dawn, "He Don't Love You Like I Love You"

Tuesday, June 29, 2021

Post #5214 M: Stossel on Gun Rights; Woods' Next Project

 Quote of the Day

A single event can awaken within us a stranger totally unknown to us. 
To live is to be slowly born.
Antoine de Saint-Exupery  

Stossel on Gun Rights

Woods' Next Project

I'm annoyed  by Woods' repetitious hero worship of Ron Paul. Now I'll probably include 1 or 2 Ron Paul clips a week, but he puts out more than that, and most won't make my cut. He tends to be repetitious, preachy, and has a bit of conspiracy theory in his blood. Second, Woods repeats Massie's argument against personal COVID-19 vaccination. No, on this topic, Massie's engineering degrees, to quote Shania Twain, don't impress me much. If in fact, he had been infected, it doesn't mean that his antibodies will adjust to new variants, he doesn't have data on the duration of his acquired immunity, etc. I've said this and related stuff in tweets and posts.

As for Woods' idea of a premium monthly expert speaker series, I don't think so. His cheesy sales pitch minds me of my grad school days at UT/Austin. The Daily Texan, the student newspaper, wanted to charge students Not that they needed it. At the time students made a large plurality of the anti-growth community, and the flood of local advertisers competing for student money easily met expenses. Why charge for it? Well, students really don't appreciate it if it's free...  Yeah, I don't think so. I really don't like paywalls. I used to subscribe to the WSJ portal paying what I regarded as a reasonable fee (under $100/year). I think WSJ must have lost sales to their more profitable print journal and jacked up to their online rates. Now it's like they give you a free lead blurb and you need to login to see the rest of a story, even an editorial. It's not even a question of whether I can afford it. I've essentially cut off WSJ coverage in the blog; I'm not going to pay for the privilege of promoting their content. Especially editorials.

Of course, Woods and others--even the "Good Morning Liberty" guys--have found a way to monetize their podcasts, e.g., "supporting listeners" (beyond occasional ads) by subscription services (although GML says they use the money to promote the cause). 

Political Cartoon

Choose Life

Musical Interlude: #1 Hits of 1975

BJ Thomas, "Another Somebody Done Somebody Wrong Song"

Monday, June 28, 2021

Post #5213 M: John Adams; Government v Bitcoin; McClanahan on More Thinking Locally

 Quote of the Day

We need a renaissance of wonder. 
We need to renew, in our hearts and in our souls,
 the deathless dream, 
the eternal poetry, 
the perennial sense
 that life is miracle and magic
E. Merrill Root  

John Adams

Government v Bitcoin

McClanahan on More Thinking Locally

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Political Cartoon

Courtesy of AF Branco via Townhall

Musical Interlude: #1 Hits of 1975

Elton John, "Philadelphia Freedom"

Sunday, June 27, 2021

Post #5212 M: Reflections on the Handmaid's Tale; Tom Woods Interviews Don Livingston; High School Student Wins in SCOTUS

 Quote of the Day

Always repenting of wrongs done 
Will never bring my heart to rest. 
Chi Kang  

Reflections on the Handmaid's Tale

Tom Woods Interviews Don Livingston

High School Student Wins in SCOTUS





Choose Life

Political Cartoon

Courtesy of AF Branco via Townhall

Musical Interlude: #1 Hits of 1975

Minnie Riperton, "Lovin' You"

Post #5211 Social Media Digest

Twitter

Saturday, June 26, 2021

Post #5210 M: Free Market Reform: Surgery Center of Oklahoma; Backlash Against Critical Race Theory in the Public Schools

 Quote of the Day

There is no moral precept that does not have 
something inconvenient about it. 
Denis Diderot  

Abbeville Institute This Week

Free Market Reform: Surgery Center of Oklahoma

Backlash Against Critical Race Theory in the Public Schools

Choose Life

Political Cartoon

Courtesy of Michel Ramirez via Townhall

Musical Interlude: #1 Hits of 1975

LaBelle, "Lady Marmalade"

Post #5209 J

 Shutdown Diary

The latest according to Washpo:

In the past week in the U.S. ...
New daily reported cases fell 0.3% 
New daily reported deaths rose 1.3% 
Covid-related hospitalizations fell 3.5% 
Among reported tests, the positivity rate was 1.8%.
The number of tests reported fell 18.8% In the last week, an average of 735.8k doses per day were administered, a 46% decrease 

According to CDC:


A few comments: the aggregate daily cases are currently stalling at 11K+.  The vaccination rate sharply declined over the past week, with Biden's July 4 goal of 70% of adults partially vaccinated is clearly out of reach,  9 days away, with total vaccinations now roughly 1.5% of the population/week. The latest projection I've heard is we might achieve that objective in August. 

Things continue to show improvement. Maryland announced it's ending its COVID-19 state of emergency next week. A local government facility moved to HPCON Alpha, basically the lowest level short of 0/routine; in essence, even white-collar knowledge workers (like me) who can work remotely are expected to work most of the week onsite. 

Life's Little Problems

Well, I have to walk back a claim in a recent post that as a contractor I expected, like in the case of inclement weather or government shutdowns, I was resigned with having to eat the first Juneteenth national holiday (i.e., charge it to PTO/paid vacation/leave).  In fact, we were told to do that last week on our timecards. It looks like contractor management (at least for my company) reversed the decision  I don't think the feds are going to reimburse the companies for the loss of billing, but most contractors observe national holidays (I can recall an employer around 2004-5 not doing it for one or 2 days, like MLK Day, so we had to work at company facilities) So I had to resubmit last week's timesheet; I'm of course happy not losing one of my precious PTO days. I'm thinking of a Texas visit over the weeks ahead.

On a related note, I featured an Amash video with Reason earlier this week. I follow Amash on Twitter (and Facebook), but he doesn't return the courtesy (not that I do the same for others necessarily). But one topic he raised was criticizing libertarians who, like me, took exception to yet another federal holiday. (This didn't mean we disagreed with the idea of an emancipation holiday, but wanted to lose an alternative, maybe a President's Day, MLK Day, Columbus Day, or Veteran's Day). I thought it was an annoying point for him to make as a libertarian. It's not exactly like government employees are in a free market labor force.  I don't necessarily know he was singling me out but I didn't really check the opinions of other libertarians. It wouldn't surprise me if others shared that opinion. But in fact I approved of the holiday as a whole. More importantly, I pointed out that slavery still existed in at least 2 Union states until the thirteenth amendment passed in December 1865. In fact, Brion McClanahan pointed out a slave auction just weeks before ratification. The Emancipation Proclamation was rationalized on Lincoln's role as Commander-in-Chief, not as if the Confederate states were part of the Union. It would be like me refusing to recognize Russian debts. I don't have any authority over Russian lenders. Lincoln was trying to stoke slave rebellions and crash the Southern economy. If you read what happened to slaves encountered by Union forces, you find out things like they were assigned duties for rations, etc., basically one form of slavery for another. But I don't mind that Juneteenth serves as a surrogate for true national emancipation, just like Jesus almost certainly wasn't born on Dec. 25. I think conservatives had an issue with the naming, like a true national independence day. I think McClanahan's opinion that the racial identity crowd's dissing celebration of the 13th amendment as a failed liberation of sorts is interesting.

My newest techie annoyance is with VLC on Android. I looked for a replacement for my Youtube Music app, which I thought was running off my SD card tracks but was constantly timing out over some Internet access issues. So I figured out how to build up a playlist of around 200 tracks in VLC. And then one day I open up VLC to find it say "no playlists". Say what? So I could to my VLC  music track browser go to a familiar track--go to add it to a playlist, and there is my old playlist.. At that point, VLC seems to be able to see and use the playlist.  But every time I start up VLC de novo, it doesn't seem to find a playlist and I have to repeat my trick to retrieve it. This is counterintuitive as hell. I hope they fix it.

Entertainment

Positiv.TV continues to be my go-to television channel, but that might change over the coming 3 or 4 weeks as /Hallmark starts its annual Christmas in July, first on Movies & Mysteries (in-process) for 2 weeks, followed by the signature Hallmark Channel cycle. I have a few favorites I hope to see, but to be honest most of the movie storylines are mediocre and/or predictable; I do multi-task, but I'll often zone into blogging or other activities unless the story is compelling. I've described some of the ones I've liked in the past, which I'll describe here by summary than title:

  • A bachelor uncle has custody of his orphaned young niece who hasn't spoken since her mother died; he befriends the new female owner of a struggling toy store on the island
  • A late wife/mother makes a special Christmas with two grown daughters who don't get along, as the older unmarried ex-alcoholic sister has taken responsibility for their dad who had suffered some recent health setback like a heart attack or stroke
  • An embittered widowed journalist is assigned to cover the golden anniversary of a man who has been playing the town Santa in honor of his late wife's love for Christmas but has contemplated retirement as the lines of children to visit him telling him what they want for Christmas have largely disappeared with the arrival of toy superstores, malls, etc.; she meets the local hotel owner/handyman who sought a career change after becoming a too successful divorce attorney.
  • A chance childhood encounter between a middle school girl, the only one of her friends without a boyfriend, and a guy who can't seem to get his scared little sister to visit the mall Santa leads to her own visit to Santa where she tentatively wishes for a boyfriend for Christmas. Christmas morning she find a snow globe promising her a special boyfriend in 20 (!) years. Time goes by, and the girl has become a social worker; the boy has become a promising lawyer on the verge of making partner. He is also doing some pro-bono work, helping one of the woman's clients, a mother hoping to regain custody of her young children, but he arrived late to the woman's hearing, embittering the social worker.. Santa convinces the lawyer to pose as the vaguely familiar social worker's Christmas present; the social worker decides to use him to deflect the attention of her mom, who wants her to settle down and get married. 
  • An engaged woman wins a radio contest for a Mexican vacation; her fiancé breaks the engagement when she balks at moving to Pittsburgh for his career interests. Her mother, who wants to see her eldest daughter married, had been anxious to meet Jason at the upcoming holiday. The young woman reluctantly goes along with her girlfriend's idea to hire s substitute Jason in exchange for her trip tickets and ends up choosing a struggling actor who they originally met when he was wearing a hot dog costume on one of his acting gigs. They almost pull it off when the real Jason shows up, after his Pittsburgh assignment falls through

There are other movies I also like. I don't necessary dislike romantic comedies, which is a typical Hallmark genre, but in many cases, other than holiday settings, etc., it's little more than window dressing for one of their more secular romantic comedy storylines. I'm also more of a skeptic of storylines where people meet and get married over a brief holiday season.

In terms of WWE, there were controversies over the recent Hell in the Cell, where for some reason they decided to pull the championship match between Reigns and Mysterio, based on a revenge story after Reigns had attacked Rey's tag team son partner, and put it on the preceding Smackdown. Heel Reigns is arguably the most popular wrestler right now; the WWE had failed for years to book him as a babyface/"good guy". It's still not clear why they took their arguably biggest draw off the PPV, but the storyline was Rey didn't want to wait 2 more days to get his vengeance. Nobody seriously thought they would have Reign's drop the title to Rey, despite the David v Goliath storyline. To give the WWE credit, they did try to make it more competitive by letting Rey use all sorts of weapons, legal in this context,

They had filler replacements, like yet another rematch between Owens and Zahn and between Cesaro and Rollins. On a related note in last night's Smackdown, Rollins teased a challenge to former Shield team member Reigns; you sometimes do have heel/heel matchups, but it would be more likely to turn Rollins babyface. Still, all the rumors have John Cena challenging Reigns on the first live crowd Smackdown in about 3 weeks. In the meanwhile, they finally had long-rumored Edge return last night to confront Reign for the next PPV.

There were 2 particularly stupid matches, both of them female wrestling matches:

  • Bianca Belair v. Bayley. I'm not referring to the match itself, but any viewer knows that Belair has this absurdly long ponytail that probably extends beyond her butt. It's been used as a weapon and also as a vulnerability I saw the latter because in 2 spots Bayley tied Bianca's hair to objects, like a folded metal chair. Now what if Biana had issues disentangling her hair? Have the babyface win the match bashing Bayley with the chair? Now I'm sure that Bayley hadn't practiced her Boy Scout knots, but still you had to have dead spots in the match as Bianca got out of the knots.
  • Alexa Bliss v. Shayna Baszler. Now, at first appearance, this shouldn't have been close. Baszler is a 5'7" former MMA fighter while Alexa is s petite 5'1" with a limited repertoire of wrestling moves. The storyline involves Alexa's more demonic persona as the Fiend Bray Wyatt's protégé. So Alexa was upset at Shayna's dissing her Lili doll (and there have been lots of rumors about female wrestlers emerging as a Lili character), setting up a match. . And several times during the match Alexa is seen practicing her hypnosis gimmick, getting Baszler's tag partner Nia Jax, mimic her body movements. And somehow Alexa makes short work of Baszler. I'm not sure what I expected. Wyatt has been off TV since Wrestlemania, and during that match, Alexa had turned on Wyatt, leading to Orton's easy victory. So I had imagined maybe Wyatt would return the favor. Nope. The issue I have is this match damaged Shayna's "tough girl" street cred. 
As to NXT, I had thought a long time back they would bring up Adam Cole and the Undisputed Era to the main rosters. There are persistent rumors of calling up current champ Karrion Kross, with an interesting heel persona. 

Probably one of the most interesting storylines is newly rich heel Cameron Grimes (Gamestop short squeeze wealth)  This brings up an obvious reference to WWE Hall of Famer "Million Dollar Man" Ted DiBiase. So the unsanctioned Million Dollar Championship came up in a contest between Grimes and LA Knight, both heelish characters. Knight wins the belt, and in a later celebration, DiBiase formally presents him with the belt. Knight starts obsequiously praising DiBiase's legacy--and the whole time I'm literally saying out loud "He's going to turn on DiBiase...He's going to turn on DiBiase..." Sure enough, LA Knight starts beating down the 67-year-old DiBiase. I really didn't understand the point, unless they were just trying to cement his heel persona. Incidentally, my first memories of DiBiase were in his pre-WWE days, when he was part of the heel tag team champs with Dr. Death Steve Williams. Jake the Snake Roberts had formed a super heel tag team with The  "full-nelson" Barbarian. I don't think DiBiase/Williams ever dropped the titles to Roberts/Barbarian, but I was rooting for the latter. I recall DiBiase arguing the other team had had their shot and wouldn't get another, but I don't think I ever saw that match or knew how it had ended, e.g., by a count out or other cheap win/loss.

Friday, June 25, 2021

Post #5208 M: Stossel on Ayn Rand; Justin Amash on the Future of the LP; Ron Paul on the Debt Ceiling

 Quote of the Day

Making the simple complicated is commonplace; 
making the complicated simple, awesomely simple, 
that's creativity.
Charles Mingus  

Stossel on Ayn Rand

Justin Amash on the Future of the LP

Ron Paul on the Debt Ceiling

Choose Life

Political Cartoon

Courtesy of AF Branco via Townhall

Musical Interlude: #1 Hits of 1975

Frankie Valli, "My Eyes Adored You"

Thursday, June 24, 2021

Post #5207 M: Is Biden Catholic?; McClanahan on Old Glory; Woofs on Critical Race Theory

 Quote of the Day

A successful man is one 
who can lay a firm foundation with 
the bricks others have thrown at him.
David Brinkley  

Political Cartoon

McClanahan on Old Glory

Woofs on Critical Race Theory

Choose Life

Musical Interlude: #1 Hits of 1975

The Doobie Brothers, "Black Water"

Wednesday, June 23, 2021

Post #5206 M: McClanahan on Canada; Ron Paul on Federal Reserve Policy; Powell on Lockdown Economics

 Quote of the Day

Laughter is the sun that drives winter from the human face.
Anonymous  

McClanahan on Canada

Ron Paul on Federal Reserve Policy

Powell on Lockdown Economics

Choose Life

Political Cartoon

Courtesy of Margolis & Cox via Townhall

Musical Interlude: #1 Hits of 1975

Olivia Newton John, "Have You Never Been Mellow?"

Post #5205 Commentary: Youtube Temporarily Suspended the GML Guys on COVID-19 "Misinformation"

 Episode 481 of "Good Morning, Liberty" (Nate Thurston, Chuck Thompson) is interesting for a couple of points of discussion. (Familiar readers may know I've taken exception to their critique of Amash and their pro-Trump positions on his impeachments ( here and here)).  One of the items was a kerfuffle over the weekend directed at FL Gov. DeSantis, dealing with a deadly auto accident at a pride parade in South Florida. I myself wrote an ill-timed tweet based on incomplete information at the time, pointing out a trend on auto mishaps by right-wingers (i.e., the fatal assault in Charlottesville). It turns out the elderly male driver couldn't walk with the rest of his gay chorus group and was allowed to drive behind them, accidentally accelerated the car and plowed into his group, resulting in the death of one man and injuries to another one. 

The second one was more troubling as Youtube apparently sanctioned a video in which pro-liberty  Congressman Massie spoke out against taking a vaccine (I'm a big fan of Tom Massie but I've twice stopped following him on Twitter over things he's tweeted, not that my current group of 7 followers is going to impress anyone). For background, Massie took an antibody test with positive results several months back, suggesting he had been asymptomatically infected in the recent past. He disses the idea of getting a shot, arguing he already has immunity against reinfection. I've written and/or tweeted on this in the past: in fact, people can be reinfected , although the risk is low (like maybe up to 1%) and reinfections tend to be more asymptomatic with low risks of infecting others. You have similar results with vaccine breakthroughs (getting infected after full vaccination), waiting period, etc. I've said I disagree with Massie's decision: we don't know much about duration of immunity, or how effective natural immunity is against more contagious variants. I myself wouldn't rule out a booster shot after my completed Pfizer regime over the months ahead.

I don't know how the GML video got flagged (the hosts suggest maybe it was some bot). Now I suspect most virologists would probably prefer my vs. Massie's opinion. but I wouldn't say Massie's position is unreasonable, engaging in misinformation worthy of censorship. I would say we had more nuanced takes on risks, based on limited information. I would not have censored Massie's take, although I disagree with it.

The good news is the GML guys appealed the suspension and won their appeal. Hopefully, Youtube will be more careful in suspending accounts in the future. 

Tuesday, June 22, 2021

Post #5204 M: Stossel on Capitalism Myths II; McClanahan: I Told You So, Neo-Con!; On SCOTUS Defending the Fourth Amendment

 Quote of the Day

I predict future happiness for Americans 
if they can prevent the government from wasting the labors of the people 
under the pretense of taking care of them.
Thomas Jefferson  

Stossel on Capitalism Myths II

McClanahan: I Told You So, Neo-Con!

On SCOTUS Defending the Fourth Amendment

Choose Life

Political Cartoon

Courtesy of AF Branco via Townhall

Musical Interlude: #1 Hits of 1975

The Eagles, "Best of My Love"

Monday, June 21, 2021

Post #5203 M: McClanahan on the End of Slavery; Keep Politics Out of Sports; Cancel Culture

 Quote of the Day

A life spent making mistakes is not only more honorable, 
but more useful than a life spent doing nothing.
George Bernard Shaw  

McClanahan on the End of Slavery

Keep Politics Out of Sports

Cancel Culture

Choose Life

Usually I'll try to find a baby follow-up because of the risk of miscarriage.

Political Cartoon

Courtesy of Al Goodwyn via Townhall

Musical Interlude: #1 Hits of   1975

Average White Band, "Pick Up the Pieces"

Post #5202 Commentary: Some Thoughts After the Latest SCOTUS ObamaCare Decision

 I am not a lawyer by training and hence I'm not going to discuss the legal nuances of the California v Texas decision. The basic gist is Texas/plaintiffs challenged ObamaCare on the basis that the unpopular tax/penalty mandate for minimum healthcare coverage, used as a pretext for financing the program, had been essentially canceled during the Trump Administration by Congress. SCOTUS turned back the appeal 7-2 on the legal technicality of standing.

To be honest, I didn't expect SCOTUS to rule for Texas; clearly the mandate was unconstitutional, but nobody seriously thought the program was going to be funded on the fines for people like me who at points was unemployed and couldn't afford $800 or more/month for health insurance. I, of course, worried about developing a severe, rare, costly disease, but it was a lot easier and cheaper to pay a doctor or clinic  a $125/visit fee as needed every few months. Now I've been employed every year with health insurance during the ObamaCare period. I recall that I had to figure out some sort of prorated penalty for months when I was unemployed, and that wasn't fun, even for someone with two math degrees. Now a couple of years back I got terminated by a thin-skinned employer literally later the same day I had requested time-off for a scheduled eye surgery. so of course I had to go onto overpriced COBRA. I think though by then the Congress had eliminated the fee. I remember at the time I did have to pay the penalties thinking how unfair it was: I still had to pay for my out-of-pocket expenses out of post-tax earnings/savings but I was being forced to subsidize other people's health coverage. 

While in the process of writing this post, I've seen a recurring ObamaCare ad on television suggesting as low as $10/month (net of tax credit).coverage for most eligible applicants. Now the federal government collects nearly $4T in revenue yearly, not to mention can tap into trillions of dollars via Treasury bonds/notes, so I never bought into the fiction of a lockbox (it's also been financed by an expansion of Medicare tax payments from the wealthy, taxes on certain medical devices, etc.) It has had a huge toehold in the health services sector, especially since Medicare/Medicaid, since the 1960's.  And of course it has provided a tax-free basis for employer-sponsored health insurance since the FDR Administration as employers looked for a way around wage-price controls to attract workers. This, unfortunately, had some unintended consequences as insurance morphed into a health services construct exacerbating inflationary pressures as consumers became disconnected from vested efficient decision-making. 

I never bought into the preexisting conditions talking point, but the Republicans seemed to be sensitive to the allegation of throwing people off insurance and  bought into the hubris of "repeal and replace" (the issue wasn't with repeal). ObamaCare, by any objective standard, has been a failure as the overregulated marketplace has deteriorated: fewer vendors; under-enrollments, higher premiums and deductibles, among other issues. I'm not going to go into detailed policy alternatives here; I would refer the interested reader to free market policy principals, like Michael Cannon of the Cato Institute and John C. Goodman of the Independent Institute, that I've cited many times over the history of this blog. I've always felt that government policy has been the problem, not the solution, and a national system over the traditional decentralized, state-based health regulation was not the way to go. I thought there were ways to extend healthcare coverage across state lines (especially for sparsely populated states) and/or reinsure assigned risk pools.

What is the solution? Not a government monopoly. You run into deadweight costs of taxation, never mind the fact that the central government simply is an incompetent surrogate for 330M consumers and David Friedman and others point out the government will often spend up to 50% or more higher in related expenditures. I'll refer the interested reader to Mises' discussion of the calculation problem and the tragedy of the commons problem in the public sector, not to mention problems like regulatory capture in our mixed economy. Government stifles cost-cutting innovation and impedes competition. Price floors and ceilings typically result in surpluses and shortages respectively. Just look at the incompetence of government during the pandemic; it did not include the private sector in COVID-19 testing, and its own rollout was delayed and ineffective. And the vaccination rollout was slow and delayed vs an attempt to ramp out First Dose First and alternative dosage strategies (see Alex Tabarrok of Marginal Revolution for more discussion).

Sunday, June 20, 2021

Post #5201 M: Critical Race Theory and Schools; Ron Paul on Yellen, the Fed, and Lower Standard of Living

 Quote of the Day

Follow the path of the unsafe, independent thinker. 
Expose your ideas to the dangers of controversy. 
Speak your mind and fear less the label of 'crackpot' 
than the stigma of conformity. 
And on issues that seem important to you, 
stand up and be counted at any cost.
Thomas J. Watson  

Critical Race Theory and Schools

Ron Paul on Yellen, the Fed, and Lower Standard of Living

Kibbe on How Corporations Capture Politics

Choose Life

Political Cartoon

Courtesy of Michael Ramirez via Townhall

Musical Interlude: #1 Hits of 1975

Linda Ronstadt, "You're No Good"

Post #5200 Social Media Digest

 Facebook


Twitter

Saturday, June 19, 2021

Post #5199 M: Snack Food Americana; Woods on Charity vs. the Welfare State

 Quote of the Day

When small men begin to cast big shadows, 
it means that the sun is about to set
Lyn Yutang  

Snack Food Americana

I've never tried these, which is weird because I love hot n' spicy foods. I buy more jars of jalapeno peppers than anyone I've ever met, I've become a regular buyer 

Abbeville Institute This Week

Woods  on Charity vs. the Welfare State

Choose Life

Political Cartoon

Courtesy of Steve Kelley via Townhall

Musical Interlude: #1 Hits of 1975

Ohio Players, "Fire"

Friday, June 18, 2021

Post #5198 M: Woods on State Myths; Bitcoin and the Future of Politics; Stossel on Big Tech

 Quote of the Day

When a resolute young fellow steps up to the great bully, the world, 
and takes him boldly by the beard, 
he is often surprised to find it comes off in his hand,
and that it was only tied on to scare away the timid adventurers.
Ralph Waldo Emerson 

 Woods on State Myths

 Bitcoin and the Future of Politics

 Stossel on Big Tech

 Choose Life


 Political Cartoon

Courtesy of AF Branco via Townhall

 Musical Interlude: #1 Hits of 1975

Neil Sedaka, "Laughter in the Rain"

Post #5197 J

 Shutdown Diary

The latest stats from Washpo:

In the past week in the U.S. ...
New daily reported cases fell 23.6% 
New daily reported deaths fell 28.1% 
Covid-related hospitalizations fell 10.5% 
Among reported tests, the positivity rate was 1.8%.
The number of tests reported fell 10.7% 
175.9 million people have received one or both doses of the vaccine in the U.S.
This includes more than 147.8 million people who have been fully vaccinated.
44.5% fully vaccinated, 53% at least partially, 55.2/65% of adults.. 1.3 M per day, up 17%/wk

Perhaps the biggest news in vaccine development comes from Novavax

First to Demonstrate Clinical Efficacy Against COVID-19 and Both UK and South Africa Variants...NVX-CoV2373 contains a full-length, prefusion spike protein made using Novavax’ recombinant nanoparticle technology and the company’s proprietary saponin-based Matrix-M™ adjuvant. The purified protein is encoded by the genetic sequence of the SARS-CoV-2 spike (S) protein and is produced in insect cells. It can neither cause COVID-19 nor can it replicate, is stable at 2°C to 8°C (refrigerated) and is shipped in a ready-to-use liquid formulation that permits distribution using existing vaccine supply chain channels.

 Novavax said today it will file for FDA approvals in the third quarter for its COVID-19 vaccine NVX-CoV2373, after it showed 90.4% overall efficacy, and 93% efficacy against the five most prevalent SARS-CoV-2 variants “of concern” and eight more variants “of interest,” in a Phase III trial. The vaccine demonstrated 100% protection against moderate and severe disease, based on 10 moderate cases and four severe cases being observed, all in the placebo group

The U.S. lifted the export ban on raw materials on June 4. Serum Institute of India (SII), the manufacturing partner for Novavax in India,   is yet to receive raw materials from the U.S. required to produce the Novavax Inc (NASDAQ: NVAX) vaccine despite diplomatic interventions by India, said an official aware of the development.The delay in receiving raw materials such as bioreactor bags and enzymes means that SII's launch of the Novavax vaccine, dubbed Covovax in India, will not likely happen before September, as planned initially. The company said raw material shortages have led to the delay in launching the vaccine.

A lot to unpack here: note the high effectiveness against contagious new variants and the modest refrigeration requirements; among other things, it might make for a great booster shot domestically. The second point I want to point attention is the deplorable Biden Administration to support recent attempts to undermine IP protections of vaccine makers, targeted by global shortages of vaccines. I've pointed out the issue wasn't pharmaceutical "greed" but global supply chain shortages. The fact that the US exacerbated issues with an export ban on raw materials didn't help.

The numbers are going on the right direction with daily cases trending in the low 5-figures, soon to be 4-figures. Biden's goal of 70% of adults vaccinated by July 4 seems unrealistic, particularly given underperformance in red states.

We are seeing the start of a return to normalcy with a number of NBA playoff teams running at full or near full capacity. WWE has now been promoting a return to live crowd TV tapings in multiple US cities starting in mid-July. One of my bellwethers is McDonald's; only about 15% dining in open (none to my knowledge locally)  but they are planning to reopen more comprehensively this summer; however note most franchises are not company-owned, and many of them are having trouble staffing up to enable dining-in, despite wage increases.

Life's Little Problems

One thing I can't stand is recurring purchases. particularly of more durable goods, like I've probably gone through half a dozen cellphone wallets. Another one is coffee makers, especially k-cup versions. Being ever thrifty, I've probably bought 3 of the economy Walmart models which sell for about $20. My siblings also let me inherit my late maternal uncle's big Keurig model, but I never got it to power on and ended up trashing it. My latest one is dying; earlier this week, I couldn't get it to drop more than an inch in the reservoir; I do have a more conventional drip model, but it's like, "Where are my filters and ground coffee?" So I go and buy a replacement--relocate and rinse out my old one; and suddenly it brews a full cup. This is like life is laughing at me. I think the old one is on its last legs.. If nothing else, I can bring it to my office...I've had issues of coffee splatter in the past bringing a cup to the office. Of course, I've bought my fair share of "leak proof" travel mugs as well. Quite a hassle for someone who drinks maybe 1 or 2 cups a day....

I may finally give up my Sam's Club membership. As a single guy, I've never used it for things like gallon jars of mayonnaise, and since I haven't had a full-size refrigerator for some time, I can't really buy much of anything requiring refrigerator or freezer space. There were staples on my list for occasional visits, like bananas, fresh berries, boneless leg of lamb, Kerrygold butter 1-lb tubs, rotisserie chicken, mulri-loaf packs of lower-carb breads and/or tortillas, jars of nuts, etc., not to mention filling up my gas tank economically (but with my hybrid, I  don't even fill up every trip now). There were items I couldn't get at Walmart's, but it's getting harder to find a good bargain. For example, my local Walmart often sells rotisserie chickens at Sam's Club price ($5) or better. I routinely see as good if not better prices on fruits or berries at local markets. I ended up throwing out one of my lower-carb loaves because I don't eat bread fast enough to stave off mold. My last trip I bought just over $100 of stuff, one of my lower totals in recent memory. I did find some things to buy, like a twin-pack of sriracha sauce (I haven't bought ketchup in years), but I've been able to buy it at local markets,''

And I don't know if anyone gets pestered the way I have with unsolicited junk calls from these ubiquitous car warranty plans. There's one of these vendors who calls me incessantly using different numbers--as if harassing me is going to make more willing to buy something I don't want. Now that Joe Namath isn't on my cable shilling Medicare advantage plans every 5 minutes, these warranty plans (who also shower me with junk mail) have become my new nemesis. 

Do We Really Need a New Federal Holiday?

This has been a pet peeve of mine. This has nothing to do with the fact that chattel slavery was an abomination, a paradox heresy against individual liberty, on which this nation was founded.

Just some reminders: the Civil War was not about slavery, despite propaganda otherwise. Four border slave states (KY, MO, MD, DE) remained in the Union.  The Confederacy emerged following a decade in which Senate parity was broken in favor of free states and Lincoln was elected without a Southern electoral vote. I'm not arguing that the many in the South didn't perceive slavery as important to their economy, but there were long-standing regional differences where they were at an increasing disadvantage in the central government (e.g., as faster-growing Northern states had more clout in the House of Representatives).  Tariffs/exports/protectionism had been a big difference, especially during the Jackson Presidency. The South felt protectionism in the North not only came at the expense of their cost of living, but their own exports (cotton, in particular) were subject to retaliatory tariffs, threatening sales, and the expenditure of these revenues politically favored, e.g., infrastructure projects in the more populated North.

It really wasn't so much that they lacked the political power, say, to block an emancipation amendment in the Senate. If anything, secession of the South made passage more likely, not to mention the South shared a long border which complicated any recapture of fugitive slaves. And although historians dispute its significance, the fact is the Confederacy put emancipation on the diplomatic front, hoping to win diplomatic relations with anti-slavery European nations, and General Lee had fought to win the promised emancipation for slaves who agreed to serve in the Confederate military. Plus, if you read Lincoln's first Inaugural Address, what he wouldn't abide wasn't slavery in the South, but loss of its lucrative tariff-collecting ports. In fact, he was willing to write perpetuity of Southern slavery into the Constitution if that's what it took to get the Southern states back into the Union. And let's point out out secession wasn't just a Southern construct; many abolitionists considered confederation with slave states to be morally contemptible. And there are a number of reasons to believe emancipation in the South was a dying institution and its collapse inevitable; for example, foreign consumers of cotton and other Southern commodities would have likely boycotted slave-produced goods, there was a competition between free and slave labor in the South, and taxpayers would have resented subsidizing the high costs of government in protecting the slave interests of the minority of slave-holding households.

The Emancipation Proclamation was more of a diplomatic and military tactic/gimmick. Lincoln had explicitly noted in his inaugural address he didn't have the constitutional authority to end slavery, short of an amendment, which was never ratified during his shortened lifespan. He dubiously relied on his authority as Commander-in-Chief in an unconstitutional war to undermine and destabilize the Confederate economy by encouraging slave rebellions while undermining Confederate attempts to win diplomatic recognition. 

So what does this have to do with Juneteenth? Texas had been part of the Confederacy and fell into Union hands by the end of the Confederacy (by May 1865) and this date in 1865.

As a libertarian, I abhor the abominable institution of chattel slavery as inconsistent with the natural right of liberty. I have no issue with celebrating its end; I have two principal objections--adding yet another federal holiday (as if civilians need yet another day off at taxpayer expense) and the fact that slavery ended with the 13th amendment.

 As someone who has worked as a federal contractor during much of the last 18 years. I can tell you many federal contractors got contacted late yesterday after Biden signed the Juneteenth bill into law. So today is the first federally observed holiday (closest workday to the holiday tomorrow) and we were basically told not to show up for work today and to charge our precious PTO (paid time-off) hours, like during government shutdowns. Maybe the contractor management will cover it next year, maybe give us our PTO day back (but I'm not holding my breath). I don't mind the long weekend, and to be honest, I was saving my PTO for a trip to Texas, deferred because of travel restrictions under the pandemic.