The Daily Mash satire site has this beauty of an item on Rowan Williams, the Archbishop of Canterbury.
He is the gift that keeps on giving, as Perry de Havilland of this parish noticed a while ago.
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We are already pretty well aware of the case of people such as George Soros – the man credited with helping remove the UK from the European exchange rate mechanism in 1992 – who make a killing from financial markets, while attacking liberal capitalism. Another example is Warren Buffett, the so-called “Sage of Omaha” who, now in his 80s, is one of the world’s wealthiest men with an enviable track record for making money over the long term by what is said to be a ruthless, yet almost heartbreakingly simple commitment to “value investing”. Over at the Cobden Centre, one of its writers, Detlev Schlichter has an excellent, and measured piece about the Buffett phenomenon. He respects Buffett’s track record (who wouldn’t?), but has this to say:
Here is something by me recently about the Koch brothers, who certainly do support capitalism. And this recently top US banker is probably one of the most hard-core defenders of laissez faire around. A refreshing break from the norm. May 10th, 2011 | 15 comments - (Comments are closed)
 “Anybody visiting the Middle East in the last decade has had the experience: meeting the hoarse and aggressive person who first denies that Osama Bin Laden was responsible for the destruction of the World Trade Center and then proceeds to describe the attack as a justified vengeance for decades of American imperialism.” – Christopher Hitchens on Noam Chomsky. May 10th, 2011 | 23 comments - (Comments are closed)
The film Alexander is playing on my TV at the moment – the Oliver Stone version – and despite some of the sillier aspects, the battle scenes are pretty good. Question: why do so many Hollywood films seem to insist that many of the actors talk with a sort of suppressed Irish accent? We have Alexander talking like Dave Allen. WTF? And of course recently there was Russell Crowe talking in the same manner in the Robin Hood film. I am not complaining too hard, though. For as has been noted, Russell Crowe had to deliver a speech that was pure “Tea Party”. May 9th, 2011 | 28 comments - (Comments are closed)
This has nothing really much to do with some sort of grand political idea or anything, but sport is part of life – however much that upsets anti-sports folk or the plain uninterested – and this man, more than most, enhanced the life of anyone who follows the maddening and beguiling game of golf. May 8th, 2011 | 13 comments - (Comments are closed)
“At the moment, I am very pessimistic about the prospects for the United States solving its fiscal problems without a crisis. Given that we have divided government, a reasonable long-term budget will require a compromise. But the two sides seem to live in alternate universes. The Republicans’ alternate universe is based on the belief that government spending ought not to exceed its historical average of about 20 percent of GDP. You can’t get future spending down to that level, however, without really major cuts in future spending on Social Security and Medicare. Much as I would like to see those programs phased out completely, neither I or nor anybody else can claim to have won an election on that platform. The Democrats’ alternate universe is based on (a) the belief that the rich are not paying their share of taxes and (b) with Obamacare passed, the rise in health care spending as a share of GDP is as good as arrested. So they see no need to change the status quo on entitlements.” I think a crisis is coming. And maybe, in a spirit of schadenfreude, we can finally prove the truth of Naomi Klein’s “Shock Doctrine”, but not in a way she approves of. May 6th, 2011 | 18 comments - (Comments are closed)
In light of the recent killing of OBL and the use by the military of drones and other surveillance gizmos to track down where the villain was hiding out, it is worth noting that these pilot-less aircraft are not just in the hands of military people. You can get some pretty sophisticated ones via the regular commercial market, a fact that is both beguiling for aviation enthusiasts and modellists, and presumably, a bit of a concern for the military who want to keep the airspace all to itself. Chris Anderson, head honcho at Wired, the techno magazine, has his own website devoted to the whole business of building and using the things. Anderson, of course, is also author of The Long Tail, one of those books that I need to read again. On a related theme regarding drones, robots and high-tech in war and defence, here is another reference to a book by PW Singer, that I blogged about the other day in a piece about sea piracy. May 6th, 2011 | 9 comments - (Comments are closed)
This is magnificent:
(Via Division of Labour.) As the DoL blogger says, it reminds me of the old Milton Friedman saying that people tend to be a lot less prudent if they are spending other people’s money. On a flippant note, the point about capes reminds me of that hilarious, Ayn Rand-style character (the designer with the bobbed black hair and East European accent) from The Incredibles, who insisted that for any true superhero, capes were a no-no. They get trapped into the air intakes of jet engines, etc. It pays to be careful. May 4th, 2011 | 17 comments - (Comments are closed)
The US Navy SEALs are a remarkable group of individuals, as events in the Middle East highlight. Here is a book about their training by an author I rate, Dick Couch. In the end, given sufficient force and a pinch of luck, the US was able to get bin Laden. I think that is a very important message to get into the grey matter between the ears of jihadists. I have been reading some comments over at Facebook and elsewhere about how vulgar and unseemly it is for people to celebrate the death of this man. Forgive me if I spare the tears. This won’t bring back all those people killed by his outfit, of course, but a sort of justice of sorts has been done. May 2nd, 2011 | 19 comments - (Comments are closed)
I am sitting next to the beach at Lyme Regis, south Dorset. The sun is out, the Brits have a public holiday due to the Royal Wedding, and I have deliberately fled central London to be down here. A good choice, as it turns out. This has to be one of the nicest parts of the UK. The Daily Telegraph has one of those gushing, pro-Royal editorials written, I sometimes think, with the deliberate desire to wind up the malcontents out there. It seems to have succeeded most admirably, judging by this fellow in the comment threads by the name of “tyburntree”:
This is what might count as a sort of grumpy, right-wing kind of anti-royalist. I suspect that Samizdata regulars might agree with some of the sentiments expressed here – although the stuff about “deliberate population replacement” sounds a bit hysterical to me – plus the line about “illegal” wars (what, so it is okay so long as we get UN approval for them?). And for a person who seems to be concerned about the loss of “indigenous” identity and culture, why does this man want a republic? Like it or not, a constitutional monarchy is part of that “indigenous culture” of the UK, and has been for a long time. To be a republican, as this guy must surely know, is to make a pretty big break with tradition. I am an agnostic about republics and monarchies – I think the system we have now is no worse than any likely alternatives. Republics have not, by and large, been noticeably less prone to the follies of socialism and big government than constitutional monarchies. Arguably, the reverse. Anyway, I’ll unashamedly be raising a glass to the happy couple today. We can resume normal service tomorrow, whatever that means. April 29th, 2011 | 45 comments - (Comments are closed)
I am pleased that Barack Obama has decided, somewhat late on, to nail the nonsense that he did not have the right basic birth certificate details to enable him to hold his office. Good. I think that some characters on the fringe have provided a free gift to opponents by turning this into an issue. The real problem is that the US electorate, by a mixture of self-delusion and misplaced enthusiasm, voted for a man unqualified for the responsibilities of high office, and a socialist in terms of his political doctrine. For sure, he continued the high spending of his predecessor, and the TARP policies, but he stepped them up. He still seems to be in denial about the scale of the fiscal hole the US is in. The US is not, at root, a socialist country, although its universitieis and certain towns contain a lot of people who wish the country was like their imagined Western European social democratic welfare states. The irony being, of course, that these states are falling apart, with Greece being the most egregious example. For all his supposed modern appeal, Mr Obama is a strangely old fashioned figure. I am convinced that Obama is a one-term president. In the end, silly speculation about his birth certificate will not affect things one way or the other. And let’s be honest: some of the people who were going on about this subject struck me as racists; it enabled the pro-Obama camp to claim that parts of the right did not like Obama for discreditable reasons. Meanwhile, our own Brian Micklethwait has thoughts about who he’d like to run against Obama. April 27th, 2011 | 36 comments - (Comments are closed)
I had better make sure my little nephew does not hear about this, because he’ll want yours truly to put in a bid for this crazy car. Fortunately for us spendthrifts, this classic Aston Martin has already been sold. April 27th, 2011 | 2 comments - (Comments are closed)
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