culture

It is the past that changes

The future is certain, it is the past that changes. Moveon had a web page demonizing General Petraeus as General Betray Us Obama appoints General Petraeus in charge of Afghanistan, whereupon the page not only instantly disappears from Moveon.org, but also instantly disappears from Google’s cache. When the past changes, Google’s spiders are quicker of the mark than they are for normal updates, suggesting human intervention to correct the past …

economics

China continues moving to the free market

The greatest limitation on the economic liberty of Chinese was capital controls.  Recently the party took a big step away from capital controls by allowing ordinary Chinese to buy and sell gold as an investment.  As Europe and the US moves towards capital controls, the party continues to move away from capital controls. The Central Bank of China has announced: Starting from July 21, 2005, China has moved into a …

economics

Doomsday postponed for a short time

As I write this, Spain just ran out of money.  Presumably the European central bank is going to print up a whole lot of fresh money and bail them out, if it has not done so already.  If they are not swiftly bailed out, there will be a run on the Spanish banks, and the Spanish deficit will be instafixed as the government loses the ability to pay most people. …

culture

If Jews bleed, it does not lead

The biggest story of the last few days has been Israel’s interception of peace activist ship to Gaza, in which they killed nine peace activists. Here is a picture of some peace activists holding down a soldier at knifepoint, with what appears to be a pool of blood on the bulkheads. When the the picture gets carried at all in the mainstream media, the knife and the blood gets cropped.  …

economics

Minority mortgage meldown and diversity recession

People are starting to realize wonder where all the money was pissed away to.  The answer, of course, is that most of it was pissed away on affirmative action loans to members of protected minorities.  Whose fault is this? Steve Sailer blames primarily Karl Rove and George Bush There is much truth in this, but I would primarily blame Basel. Under Basel, what matters to a financial institution is not …

war

Freedom flotilla vs Israeli Defence Forces.

Don’t take a knife to a gunfight. Israel is blockading Gaza.  Activists attempted to force the blockade with pathetically inadequate weapons.  Perhaps the intent was to suffer some pathetic casualties, that they could then whine about, or perhaps they were just stupid. If you are going to engage soldiers and marines, you should either take no weapons at all other than moral force, which may not be all that effective, …

economics

Mission accomplished

Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010. But has everything goes to hell in a handbasket, it will all be blamed on free markets, despite …

party politics

I predict an Obama win

With these tactics, Obama should be able to win in 2012 And 2016, and … Of course, winning by such tactics may well result in a victory as useless as that which Patrice Lumumba won when the Congo became independent. Two or three weeks after independence, the government of the Congo had largely vanished from underneath Premier Patrice Lumumba, even though parliament continued to meet and vote him ever greater …