Friday, October 8, 2010

The Economy - October 2010

If You Want To Understand What Makes This Recession Continue - Clayton Cramer
Ask the authors of Federalist 62. First, the problem of the health care reform bill that came to 2700 pages:

It will be of little avail to the people, that the laws are made by men of their own choice, if the laws be so voluminous that they cannot be read, or so incoherent that they cannot be understood; if they be repealed or revised before they are promulgated, or undergo such incessant changes that no man, who knows what the law is to-day, can guess what it will be to-morrow. Law is defined to be a rule of action; but how can that be a rule, which is little known, and less fixed?

The following paragraph explains why people like George Soros always back Democrats:

Another effect of public instability is the unreasonable advantage it gives to the sagacious, the enterprising, and the moneyed few over the industrious and uniformed mass of the people. Every new regulation concerning commerce or revenue, or in any way affecting the value of the different species of property, presents a new harvest to those who watch the change, and can trace its consequences; a harvest, reared not by themselves, but by the toils and cares of the great body of their fellow-citizens. This is a state of things in which it may be said with some truth that laws are made for the few, not for the many.

And why employers are reluctant to hire right now:

In another point of view, great injury results from an unstable government. The want of confidence in the public councils damps every useful undertaking, the success and profit of which may depend on a continuance of existing arrangements. What prudent merchant will hazard his fortunes in any new branch of commerce when he knows not but that his plans may be rendered unlawful before they can be executed? What farmer or manufacturer will lay himself out for the encouragement given to any particular cultivation or establishment, when he can have no assurance that his preparatory labors and advances will not render him a victim to an inconstant government? In a word, no great improvement or laudable enterprise can go forward which requires the auspices of a steady system of national policy.

The things you find, preparing for class!

Monday, October 4, 2010

Warning from Europe

A Warning From London, A Speech In Berlin - John Hinderaker
Wilders is more or less an outcast in Europe. As one with reservations about certain types of immigration, he is routinely classified as a "far right" politician, although by American standards he would probably be a liberal. He currently faces criminal prosecution in his native Netherlands for suggesting that the ongoing Islamization of that country is a bad thing. Wilders is a thoughtful opponent of Islam and defender of Western freedom, as his Berlin speech reveals. You really should read it all, but here are some excerpts:

Germany's national identity, its democracy and economic prosperity, is being threatened by the political ideology of Islam. In 1848, Karl Marx began his Communist Manifesto with the famous words: "A specter is haunting Europe - the specter of communism." Today, another specter is haunting Europe. It is the specter of Islam. This danger, too, is political. Islam is not merely a religion, as many people seem to think: Islam is mainly a political ideology. ...

[T]he renowned Oxford historian J.M. Roberts wrote in 1985: "Although we carelessly speak of Islam as a 'religion'; that word carries many overtones of the special history of western Europe. The Muslim is primarily a member of a community, the follower of a certain way, an adherent to a system of law, rather than someone holding particular theological views." The Flemish Professor Urbain Vermeulen, the former president of the European Union of Arabists and Islamicists, too, points out that "Islam is primarily a legal system, a law," rather than a religion. ...

These are not just statements by opponents of Islam. Islamic scholars say the same thing. ... Abul Ala Maududi, the influential 20th century Pakistani Islamic thinker, wrote - I quote, emphasizing that these are not my words but those of a leading Islamic scholar - "Islam is not merely a religious creed [but] a revolutionary ideology and jihad refers to that revolutionary struggle ... to destroy all states and governments anywhere on the face of the earth, which are opposed to the ideology and program of Islam." ...

After Muhammad's death, based upon his words and deeds, Islam developed Sharia, an elaborate legal system which justified the repressive governance of the world by divine right - including rules for jihad and for the absolute control of believers and non-believers. Sharia is the law of Saudi Arabia and Iran, among other Islamic states. It is also central to the Organization of the Islamic Conference, which in article 24 of its Cairo Declaration of Human Rights in Islam, proclaims that "all rights and freedoms are subject to the Islamic Sharia." The OIC is not a religious institution; it is a political body. It constitutes the largest voting block in the United Nations and writes reports on so-called "Islamophobia" in Western Countries which accuse us of human rights violations. To speak in biblical terms: They look for a speck in our eye, but deny the beam in their own.

Global Warming Summary

The Global Warming Hoax: A Summary - John Hinderaker
Global warming alarmism is not science. It is a toxic combination of pseudo-religion and totalitarian politics. To the extent that there is any debate over climate science--the alarmists run from debate like vampires fleeing garlic--the "skeptics" always win. If you want to follow climate science controversies in a rigorous but accessible fashion, check out the Science and Environmental Policy Project's web site. Among other things, it features a weekly update on matters relating to the global warming debate.

This week's SEPP newsletter includes an excellent piece by Dr. Harrison "Jack" Schmitt, a former United States Senator from New Mexico as well as a geologist and former Apollo astronaut who currently is an aerospace consultant. Dr. Schmitt reviews some of the basic evidence that the alarmists try to wish away. You really should read it all; here are some excerpts:

Policy makers at the head of government in the United States and elsewhere apparently want to believe, and to have others believe, that human use of fossil fuels accelerates global warming. They pursue this quest in order to impose ever greater and clearly unconstitutional control on the economy and personal liberty in the name of a hypothetically omnipotent government. There exists no true concern by the President or Congressional Leadership about the true effects of climate change - only a poorly concealed, ideologically driven attempt to use conjured up threats of catastrophic consequences as a lever to gain authoritarian control of society.

There has been an absolute natural increase in global surface temperature of half a degree Centigrade per 100 years (0.9 degrees Fahrenheit) over the last three and a half centuries. Observational climate data and objective interpretations of those data strongly indicate that nature, not human activity, exerts the primary influence on this current long term warming and on all global climate variations. Human influence through use of fossil fuels has been and remains minor if even detectable. Claims to the contrary only find support in highly questionable climate models that fail repeatedly against the reality of nature.

Saturday, October 2, 2010

California Budget Deficits

How to Save California: Outlaw Public Employee Unions - John Yoo
The one change that he said could restore the state's fortunes wasn't lowering taxes, cutting spending, or eliminating excessive regulations -- though these were all important. He said there was a deeper root cause: the power of the public employees unions. According to Wilson, public employee unions trigger a destructive dynamic. Public employee unions take money from their members and use them for partisan political purposes. They pressure government officials to cut them sweetheart deals, especially through things like job protections and pensions, that don't show up on the bottom line for years. They create a larger and larger interest group that demands more government spending and higher taxes, which drives out private entrepreneurship and swells their ranks even more. Reduce the power of the public employee unions, and you lower the size of government, reduce the costs of the state, and fix the looming pension problem.