Three facts that have recently been in the news: The reversal of the Flynn effect. The British youth of today really are dumber. Violence, drunkenness, laddie, and home invasion burglaries, where drunken lads smash into someone’s house and terrify the inhabitants. The British crime rate is about double the US crime rate, and threatens everyone, whereas the US crime rate is very low outside areas with large numbers of protected minorities. Cowardice and surrender by the British army – for …
Category: politics
The cause of the crisis
In numerous posts, I have argued that CRA affirmative action caused the economic crisis that is happening now. Vdare provides a far better post than any of mine, giving us case histories and numerous horror stories of bank?s proudly pissing away stupendous amounts of money, and boasting of their wonderful CRA compliance in so doing. The bank?s boasts of trillions of dollars gives the lie to the much repeated claim that CRA was tiny, supposedly much too small to cause …
affirmative action, bad loans, bailout, crisis
The New York Times explains: creditors came to believe that their loans to unsound financial institutions would be made good by the Fed — as long as the collapse of those institutions would threaten the global credit system. Bolstered by this sense of security, bad loans mushroomed. Of course any crisis is multicausal. I have been blaming affirmative action loans. But instead of pushing back against government pressure to make bad loans to protected minorities, lenders eagerly embraced bad loans …
Why do all large organizations skew left authoritarian?
Constant drew my attention to the fact that Fox news, originally created to provide an alternative to the Mainstream Media orthodox ideology, is joining it, which led me to reflect on the tendency of big corporations to go left authoritarian and support socialism, gun control, political censorship, government health, and so on and so forth – as for example, the failure of the owners of shipping lines to allow deadly arms on their ships to meet the problem of piracy. …
Thai middle class revolts against democracy
For two thousand years, it has been claimed that democracy inherently self destructs, that democracy destroys the conditions that make democracy possible. The fact that democracy worked pretty well during the twentieth century would seem contrary evidence – but a century is not a long time for such a test.
Solution to the energy crisis
Newt tells it how it is: This crisis was caused by politicians. He tells how to reduce fuel costs in the short run, and the long run. “you want energy now†he tells us. And then he tells us how to get it. How do we solve the energy crisis? Answer. Let businessmen extract oil. Drill here. Drill now. Pay less.
Europe can’t stop anything
The military weakness and incapacity of Europe in Serbia startled the Serbs, even more than America’s capacity stunned them.
How to do health care right
The American health care system is socialism without a central plan, and capitalism without markets or prices.
Vote Obama
The presidents that have done the most to smash capitalism have never been Democrats, because anti capitalist Democrat presidents have always found themselves paralyzed by gridlock – the pro capitalist faction unites along party lines, and the federal government system locks up, as it was designed to do. The founding fathers intentionally constructed the federal government so that it would be slow and inefficient at making large controversial changes. The greatest catastrophes for capitalism have come from the anticapitalist Republican …
Regulation kills
Today, a lot of people are going hungry because of an energy crisis. When we look at businesses that are attempting to address the energy crisis, for example Linc Energy Systems, we see that ninety percent of their effort, energy, and thought, is addressed to the political problem of getting permits and approvals, and very little to the merely technical details of collecting energy from nature and making it available in usable form. Linc energy systems plans to use UCG-CTL …