Current Events

L’administration Obama bat de l’aile

Jacques Delacroix Current Events, Politics

Après moins d’un an, l’administration Obama bat de l’aile. Il ne s’agit pas de l’endettement massif du pays qu’il a suscité car ses dimensions échappent au commun des mortels. Il ne s’agit pas non plus principalement du chômage de 10%, pourtant inhabituel aux Etats-Unis, et encore moins des tergiversations du Président sur l’engagement militaire en Afghanistan. Mêmedeux attentats terroristes en deux mois pèsent assez peu dans la balance, à mon avis.

La tentative de réforme de la santé par un parlement à grossemajorité Démocrate et par le Président sont au coeur dudésenchantement vis-à-vis de ce dernier. De plus en plus de politiciens Démocrates ont deja choisi de ne pas se représenter en Novembre car ils sentent bien la colère montante des électeurs. Une commentatrice du Wall Street Journal parle de “la victoire catastrophique” d’Obama sur ce plan.

Pourquoi cette querelle interne devrait-elle intéresser lesétrangers? La raison est simple: Le secteur santé recouvre 17% du PNB américain. Il atteindra 20% prochainement. Or, et contrairement a une impression répandue, l’Amérique, même enétat de crise, demeure la locomotive de l’économie mondiale. Il n’y a pas de solution de rechange. Le PNB de la Chine, par exemple demeure de plus de quatre fois inférieur au PNBaméricain. Quand l’Amérique a la migraine, le reste du monde s’allite. Continue reading →

Around the Web

Brandon Christensen Current Events, Links , , , , , , ,

Matt Steinglass has a couple of great posts over at Democracy in America:

  1. Mitt Romney on Israel: Kicking the Can
  2. Mitt Romney’s Problems: Elite Defections

Paul Pillar of the National Interest picks on Romney as well

As I keep saying over and over: Mitt Romney is going to win the election. Why? Because the economy sucks. If it gets better within the next seven months, then Obama will get four more years to urinate on the rule of law and our federal republic.

K.I.S.S. Keep it simple, stupid.

And last but definitely not least, Marxist historian Gabriel Kolko sets the historical record straight on Herbert Hoover and his supposed laissez-faire policies: The New Deal Illusion. This is a must read (h/t Steve Horwitz).

The Trees, the Bramble, and the Forest

Brandon Christensen Current Events, History, Religion , , , , ,

I apologize for not blogging much lately. I have finished summer school and have been enjoying my week off from rigorous studies. Back to the grindstone!

In China, protesters have been surrounding the Japanese embassy in Beijing and recently begun hurling debris at both policemen protecting the embassy and the embassy itself. In other parts of China (but not in the “special economic” [free trade] zones) Chinese citizens have been burning Japanese flags and calling on their government to take a harder line on a territory dispute and in trading policies with Japan.

The violence is not limited to the embassy or Japanese flags, of course. Japanese businesses have also been vandalized, threatened, and shut down due to the violence currently raging throughout the Chinese state. Continue reading →

Islamophobia (Part 2 of 2)

Jacques Delacroix Current Events, Politics , ,

In Part 1 of this essay, Islamophobia, I recounted some facts about terrorism that seems linked to Islam and I made some hypotheses about how Muslims in general array themselves with respect to this terrorism. In this second and last part, I divulge some of the bases of my worst suspicions regarding moderate Muslims.

I wish someone with credentials would help me disentangle who is what and in what proportions among Muslims in connection with the varying degrees of rejection of violent jihad described above. In the meantime, I feel intellectually free to speculate within reason and on the basis of other information I have, factual information, that is, not hearsay.

The first helpful element in my speculation is that, of course, I understand violent Muslim fanatics well. Anyone reasonably well versed in European history would, My ancestors used to be just like them. I never tire of repeating on this blog and elsewhere that the First Crusade (1099) massacred everyone there after taking Jerusalem. That massacre followed acts of cannibalism during the siege. And more recently, it’s clear that tens of thousands of witches were burned at the stake in Europe. (Note: The figure of millions advanced by feminists is silly propaganda bullshit.) Violent jihadists and other fanatics hold not mystery to me because I used to be they. Used to be. Continue reading →

Islam and Free Speech

Brandon Christensen Current Events, History , , , , , ,

Dr Gibson and Dr. Delacroix have both staked out their positions on the matter, and Dr. Delacroix has promised more, but I thought I’d add my own two cents to the matter.

I’ve already shared my thoughts here before, and nothing that I see in the Middle East or elsewhere changes my argument.

Among observers of all political stripes, there have been two broad categories into which they have gravitated. One of these has been the Islamic societies are still in the middle ages argument. This is a legitimate point, too. As Dr. Gibson points out: Continue reading →

Islamophobia (Part 1 of 2)

Jacques Delacroix Current Events , , , , , ,

The backlash that did not happen after 9/11 is taking place now because of Muslim stubbornness, arrogance, or simple lack of articulateness. Americans are tolerant and patient to the point of gullibility but there is a limit. When it comes to the establishment of an explicitly Muslim-anything near Ground Zero, many feel they have been deceived, that their good nature has been taken advantage of. To cap it off, the liberal media accompany some American Muslim spokespersons, and some ordinary Muslims in accusing them of the mysterious sin of “Islamophobia.” (Siddiqui: American anti-Muslim prejudice goes mainstream – thestar.com circa 8/26/10)

I am referring to the majority of Americans who have expressed some degree of opposition to the plan to establish a Muslim cultural center including a mosque near the site of the 9/11 jihadist massacre. I am one of those so accused.

I tend to look seriously at any serious accusation thrown at me seriously. Often, it does not tell me anything about me and my behavior but it gives me an insight into the ways of thinking of the insulter. So, I will look at Islamophobia, the dislike and fear of Islam and, by extension, of all things Muslim, from the standpoint of what I know and then, from that of what I don’t know for a fact but that is plausible. I try to keep the factual and the plausible, the speculative, separate.

In the end, I want to know what I am guilty of, if anything, as an Islamophobic American. I don’t discount the possibility that I am guilty as charged. Continue reading →

“The Young British Soldier”

Brandon Christensen Current Events, History , ,

When you’re wounded and left on Afghanistan’s plains
And the women come out to cut up what remains
Jest roll to your rifle and blow out your brains
An’ go to your Gawd like a soldier.

– Rudyard Kipling, “The Young British Soldier,” 1892

Fwd: Warren Buffet’s Idea for Passing the Budget

Brandon Christensen Current Events, Law, Politics , , ,

Dr. Delacroix recently e-mailed me the following chain. I thought I’d reproduce it here since most of my e-mail contacts are from school and I use it get laid rather than to argue about politics. I don’t agree with everything Buffet says, of course, but when somebody says something smart or thoughtful, I’ll take it into consideration no matter which quadrant of the political section it comes from. The chain is below the fold. Continue reading →

States and Secession: Lamenting the Failure of the Euro Zone

Brandon Christensen Current Events, Politics , , , , , , , , ,

The Guardian has a so-so map on secessionist movements in Africa that’s worth checking out. I say it’s only so-so because it doesn’t really cover all the secessionist movements in the region, just the violent ones or the ones favored by Western diplomats.

I’m interested in secessionist movements because of the effects that they have on nationalism, one of the most dangerous ideologies to haunt mankind since the industrial revolution. Nationalism is probably worse than racism, or at least on par with it, when it comes to ideas gone horribly wrong.

That’s why I support free trade between states, and the deeper the better. The true tragedy of the EuroZone crisis is not the inevitable and predictable collapse of the euro but the fact that anti-liberal policies like the central bank and more political integration between states (and away from the people) are being misconstrued as liberal, in the classical sense.

The smaller the states the better, and the freer the trade the better. Mexicans should be able to travel and live in the US and Canada the same way that Nevadans are able to travel and live in California. The EuroZone could have been beautiful, but the pressure for a central bank and more control from a center, in Brussels, has probably ended it. It’s a good primer on how beautiful ideas often don’t pan out the way people would like them to.

Here’s how to fix the EuroZone crisis:

  1. Eliminate the monopoly of the central bank on creating money and credit.
  2. Open up the EuroZone market to more goods from the rest of the world (especially agricultural products from developing states).

I also think it’d be a good idea to keep Brussels as limited as it is. Doing so will not only allow more room for local policies to be experimented with and tested against other policies, but it will continue to erode the nation-state as well. What we were seeing prior to the crisis in the EuroZone is more calls for autonomy from state capitals throughout the EuroZone,  and a powerlessness on the part of states to do anything about it.

So instead of France and Spain, two states, the world may have seen up to five or six states in their stead, all interacting with each other economically while retaining nominal political independence from each other.

What a shame.

US Military Spending

Brandon Christensen Current Events, Politics , ,

Over at Democracy in America, Roger McShane wonders aloud:

But I say the situation may be worse on the left, because if Democrats do not make the case for seriously cutting back military spending, who will?

He is speaking of course, of the so-called “cuts” to spending undertaken by the Obama administration. I put “cuts” in quotes because, well:

The cuts Barack Obama has pushed (outside of sequestration) are meager, despite what you may hear from Republicans. They are cuts to a ten-year plan that assumed annual increases. As Christopher Preble of the Cato Institute notes, “Over the next decade, the Pentagon’s annual base budget (which excludes most war costs) will average $517 billion in constant 2012 dollars, 11 percent higher than what Americans spent during the George W. Bush years.”

Jacques Delacroix seems to believe otherwise. In March of this year, he wrote:

In connection with Pres. Obama’s then-recent speech on cutting the US military budget, Paul also said clearly that those are cuts in increases to military expenditures, not absolute cuts. As one who has been reading the Wall Street Journal for the past thirty years and also for the past thirty days, I tell you that this is not true. I think it sounded good at the time so, the Congressman just said it, irresponsibly.

Dr. Delacroix is a numbers man (that’s how he earned his infamy), but with his track record on foreign policy I’d take his argument with a grain of salt.

At any rate, it’s nice to see the non-interventionists on both the Left and the Right get a shout out from the Economist (a supporter of the Second Gulf War), too:

And while the Republicans at least humour the Ron Paul-wing of their party, the Dennis Kucinich-wing of the Democratic Party has no voice in Charlotte.

Imperialism: the bane of free trade and individual liberty. Is it any wonder that Washington has so many enemies these days?

Around the Web

Brandon Christensen Current Events, Links , , , , , , , , , , ,

Gene Callahan breaks down social thought through the ages.

The auto industry’s success story since Obama’s union vote-buying bailout.

Debt: the first 500 pages. An economist from Australia reviews David Graeber.

Daniel Larison laments the terms of debate in regards to US foreign policy this election.

Sex: Real Dopes

Jacques Delacroix Current Events, Liberty, Politics ,

The arrest of international banker Dominique Strauss Kahn on several charges amounting to sexual assault has occasioned more discussion of sex on the airwaves than I have heard for many years. Some of the statements I hear are absurd or annoying. Others are downright dishonest. I am trying to sort out the most salient points.

Warning: If you are prudish, don’t read what follows. If you are under fifteen, read at the risk of undermining your healthy sexual development.

First things first: A couple of days ago, the Spanish minister of economy and finance, I think, was one of many female commentators committing a deeply immoral amalgam. One the one hand, she said, there is the presumption of innocence, on the other hand, the charges are so serious, so awful. It’s common thinking in academia among bureaucrats in charge of hunting down sexual harassment, sex discrimination, and in the end, sex differences.

Here is a reminder, girls: The seriousness of an alleged crime, whatever great, has no influence on innocence. Those are separate things completely. Get this: Continue reading →

The Economic Recovery: Jobs Edition

Brandon Christensen Current Events, Economics, Politics , , ,

Economist Mark Perry has a great take on the current sluggishness of the jobs rate over at Carpe Diem. He brings our attention to the following graph:

His observations:

Most of the weakness in the U.S. labor market, the stubbornly high unemployment rate, and the slow rate of overall job creation can be traced to the ongoing decreases in government jobs, see chart above, especially at the local level […] Perhaps the significant downsizing of government at the state and local level is a positive development for the future growth of the U.S. economy, and one benefit of the Great Recession.  But we should also pay some attention to the fact that one of the reasons for the disappointing monthly employment reports is the persistent weakness in the public sector employment, which is offsetting the relatively healthy increases in private sector hiring.

This is a damn good point: unemployment rates have remained high because of losses in the public sector, not the private sector (which has been steadily growing). As Dr. Perry observes, this is good for long-run growth, but I can’t help but lament the fact that cuts in government spending have not been deeper and more robust. Imagine what the economy would look like if if deep cuts had been made six years ago.

As always, it is important to look at what the graph does not tell us. The graph explains that government jobs have been decreasing, but tells us nothing about expenses for current and retired government employees. Federal and state employees have gained notoriety for their lavish retirement packages (especially in California!), and none of this is covered in the graph. Public sector pension reform is still a vital issue that needs to be solved.

One other lament that I feel I must make pertains to the bank and auto bailouts of 2008-09. Although the bailouts don’t have any casual correlation to the graph I reproduced, I don’t think it is hard to image, again, what the economy would look like today if there had been a rigorous separation between business and state.

Friedrich Hayek: Champion of Liberty

Brandon Christensen Current Events, Economics, Links, Politics , , , , ,

From Richard Epstein:

Thus Hayek’s 1940 contribution to the “Socialist Calculation” debate debunked the then-fashionable notion that master planners could achieve the economic nirvana of running a centralized economy in which they obtain whatever distribution of income they choose while simultaneously making sound allocations of both labor and capital, just like in Soviet Russia.

Hayek exposed this fool’s mission by stressing how no given individual or group could obtain and organize the needed information about supply and demand conditions throughout the economy. The virtue of the price system was its use of a common unit of measurement—money—to allow various actors to compete for a given resource without having to lay bare why they need any particular good or service. The seller need only accept the highest bid, without nosing around in other people’s business. The interaction between buyers and sellers allows for constant incremental adjustments of both price and quantity. Old information gets updated in a quick and reliable way, thereby eluding the administrative gauntlet of the socialist state.

This essay, which y’all should read, was sparked by the attacks on Rep. Paul Ryan’s supposed intellectual influences F.A. Hayek and Ayn Rand.

The Oppression of American Labor

Brandon Christensen Current Events, Liberty, Politics , , , , ,

Over at the Real-World Economics blog, economist Edward Fullbrook presents a graph of labor’s demise in the United States as well as an article from Al-Jazeera English titled America in Denial that promotes Fullbrook’s new book.

Fullbrook brings it to the attention of work-weary Americans that they work far too many hours per year compared to other rich societies in the West (there are, of course, no rich societies outside of the West, but that’s a different blog for a different day).

Behold! The cold, hard facts informing American workers of their own oppression! Continue reading →