We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
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Richard North on UK writer, actor and travel writer, Stephen Fry:
As he takes us on his taxi-ride around the US, he is not ostensibly defending the place, though in his accompanying notes (in interviews and on his website) that seems to be his mission. It is easier to warm to Mr Fry’s account. He seems a nice old thing. But he has a striking narrowness of mind, best exemplified by the disdain with which he passed by Miami as too horrid to detain him. He sneers too easily. I doubt that he is quite as clever as he thinks, though he clearly has a good memory and has an intense middlebrow love of science.
Brrr, that was venomous! Considering that Mr North dislikes Fry’s sneering, that is quite a snide comment itself. Ouch, as they say. Even so, Mr North has a good review of a number of books written by folk about the US recently. He does not seem very impressed by them.
I still think the greatest book written about the US from an outsider is Tocqueville’s Democracy in America.
Andrew Sullivan, commenting on a remark about the enormous bailouts being put into place by Western governments, has this to say:
“The debt was so reckless and so immense that it now threatens to destroy the entire financial system. That’s what electing George W Bush twice has done for us. But then we are told that this threat requires us to do even more of the borrowing and spending before we can begin to get ourselves back in balance again. The unchallenged doctrine of the day is that: doing nothing would provoke a worse collapse than necessary and so we have to make our fiscal situation much worse now in order to make it much better later. Why am I not convinced?”
Well, Sullivan is obviously right that the way to solve our debt addiction is not to go on the equivalent of yet another binge in the hope of relieving the hangover. Although his glib remark that re-electing Bush twice has added to the debt addiction does rather ignore, for example, the role of the Democrats, for example, in opposing Bush’s attempts to constrain the US federal home mortgage agencies, Freddie Mac and Fannie Mae. He is right though to chide the Republicans for letting spendng soar, but then I fear that Sullivan has become such a victim of Bush Derangement Syndrome that even a good point now becomes distorted through his worship of Mr Obama. And if it is debt addiction Sullivan is worried about, I somehow do not expect the Community Organiser to be the one to decisively take us back to the days of small government.
A conservative friend of mine in the USA sent me a link to an article in Weekly Standard called The Sector Formerly Known as Private: how Obama intends to use corporations to effect social change… and I must say that it somewhat surprised me. The following is largely based on the letter I sent him in return.
We’re beginning to get a sense of what the next four years will look like. It won’t be a conservative era, that’s for sure. Nor will it, despite appearances to the contrary, be a reprise of the Clinton era. Bill Clinton’s version of economic liberalism meant slightly higher tax rates on income and capital, a slightly more burdensome regulatory apparatus, lower deficits, and a commitment to free trade. The public sector didn’t meddle too much in the private sector. It was content, for the most part, to sit back and enjoy the tax revenue that the tech boom poured in. Obama’s liberalism will be different.
Let us gloss over the absurd American use of the word ‘liberal’ when they actually mean ‘illiberal’, but my response to “We’re beginning to get a sense of what the next four years will look like” was… we? Was article author Matthew Continetti not listening to Obama during the campaign? Has he not examined the copious record of the vile man’s public statements ever since he entered politics? Nothing Obama is going to do should be unexpected. For Obama to do anything unexpected he would have to slash public spending and roll back regulation.
Is it really only now dawning on some people that Obama ain’t Bill Clinton? But guess what, do you actually think McCain would have shrunk the state and lowered the regulatory interference that not so much led to but actually mandated the sub-prime melt down? McCain is the one who is Bill Clinton, just with zipped flies and less charisma.
Let the whole stinking system of patronage politics burn I say because nothing is going to change for the better until the piles of garbage and rats in the streets reality rubs people’s faces in the true cost of voting in a political class who thinks wealth is something that is created by political actions rather than markets. Hell, it does not matter what I think, just look at the numbers as the economy slows, then contracts, and at the same time state expenditure actually increases. Do you really have to be an Austrian School economist to see the implications of that?
Never was there a better time for openly authoritarian regulatory statists to be in power, right when the global economy is on the edge of an abyss. There will be no economic growth to mask the expansion of the state this time. Personally I am looking up at them standing on the edge and chanting “Jump! Jump! Jump!”
Just at the point where the state’s tax take will nose dive because of the economic slow-down, the USA has elected someone who is going to massively increase ‘public’ expenditure. The money will come from where exactly? Tax the middle class? That kills consumption and the economy tanks even more. Print more money? That fuels inflation and the economy tanks even more. Screw it out of productive sectors of the economy? That makes marginally productive businesses go bust and makes them all cut their labour forces and increases unemployment… and the economy tanks even more. My guess is that by the time he is done Obama will do all of the above. It does not matter that the media will love The One all the way down to the crater, the pain will be spread around so widely no amount of propaganda will be able to shift the blame. If the so called ‘right’ cannot turn that into political success a few years from now then they are worthless fools.
A lot of people are going to get hurt and that is just too damn bad. Has the GOP actually run a free-market candidate for president since Barry Goldwater? Well Reagan was at least half way there, but only half way, but I give him a free pass because busting the Soviets actually was worth the money he spent. The GOP is as much to blame as the Democrats for where the USA is now, so a plague on both their houses. The situation now is exactly where ‘pragmatic’ and ‘realistic’ voting gets you. Why anyone who wanted a smaller state would have turned out and voted for McCain was beyond me… and of course many did not, they stayed home in droves and quite right too.
Guys, you have been voting for the lesser evil for so long you may have lost sight of the fact that you have been voting for evil, just a tiny bit less than the other guy. Well no more easy options, no more putting the day of reckoning off for some point in the future… the day of reckoning has arrived and I for one am delighted. Do your worst Obama… to quote Lenin’s inspiration Nikolai Chernyshevsky, “the worse, the better”. Do not think of it as a disaster but rather an opportunity to actually create an opposition worth voting for. Never has there been a better time to destroy the political careers of really large numbers of Big State Republicans.
That is what I think. Have a nice day.
There is a good article by Bloomberg columnist Mark Gilbert on why just transferring billions of taxpayers’ money to America’s embattled automakers is a bad idea, and he has thoughts who might be better equipped to run these firms.
As he says, long before the credit crisis hit, some, if not all of the carmakers were suffering from problems. There is a glut of cars on the world market and the spike in oil prices – admittedly now in reverse – has made a number of such vehicles uneconomic.
Talking of oil, the black stuff is now below $50 a barrel, down by about $100 from its peak. Wow.
The US motor industry seems about to fail. Credit insurers are now withdrawing their support as the firms burn through cash, with faltering sales and outstretched hand for charity. But, with their size, their number of jobs and their Main Street history, these car firms have been deemed too important to fail.
If the Democrats do decide to rescue the US car industry via a bail-out, they will rationalise and reorder. Perhaps they will even wish to intervene as to which models and which research should be undertaken. Think of the opportunity for renewables…renewing jobs, renewing pork, renewing votes. By the end of this process, it is doubtful if there will be any US car industry at all. Congress will have undertaken a wonderful role in clearing out the undergrowth for more efficient rivals and Detroit will go the way of Morris, Austin and the Triumph marques.
Simon Heffer concludes this Telegraph piece about why there must be public spending cuts, despite the public statements of all the political parties which by omission suggest the contrary, with this:
Having just witnessed the American election, I am aware of one other point. In the run-up to elections, people say absurd things about the economy to garner votes. Barack Obama has made $1.3 trillion of spending promises. He will shortly have a rendezvous with reality. He will not deliver on those promises. He will instead have to preside over a financial situation whose full horror we have yet to see here. Wiser and older heads in his administration will need a plan to deal with reality, even though one was not promised during his campaign.
This is what we need here. An early election – which Mr Brown might as well call, since the Tories have been found out and are slipping back in the polls – would at least get all the lies and idiocies out of the way. One party would then have to confront reality, just as Mr Obama is about to have to do. Then we could end the pretence of a pain-free recession, and get on and take it. So long as our politicians feel they must butter us up and make out that what is to come won’t hurt a bit, the only way is down.
All the lies and idiocies? That would be asking too much. But you can see what he means. My first reaction was: what a frightful commentary on the state of public opinion just now, if no politician dares tell it like it is. But then again, it is the very fact that Cameron is not telling it like it is, but instead just following idiotically behind Mr Brown, that is causing his current decline in the polls, which I confess I did not see coming.
I can’t recall who said it – I think one of the Coffee Housers – but the best recent comment on the Conservatives I heard said something like: Cameron was picked to deal with good times, in a way that Blair was doing, and Brown subsequently couldn’t. But face Cameron with a catastrophe, in which the option of pretending to be nice to everyone no longer exists, and he is a rabbit caught in the headlights. Mr Brown loves a good catastrophe and is benefitting from this one now, even though it is to an appalling extent a catastrophe of his own making. Like I say, I did not see that coming. The voters now face a choice between clever and determined but deluded, and nice – well, polite, in a smarmy old Etonian manner – but bewildered.
One thing I do seem to recall saying a few months ago, although I can’t recall when, was that Cameron believed he merely had to say and then do nothing in order to sail into power and stay there for a decade. Only “events” would upset such a calculation. Now, those events have arrived. Optimistic Conservatives presumably now hope that Cameron is “keeping his powder dry”, and will stir up a rhetorical storm come the actual election campaign, whenever it materialises and when it will be too late for Brown to steal all Cameron’s brilliant policies. But I am starting to think that Perry de Havilland has had Cameron’s number all along. There are no brilliant Cameron policies. There is no Cameron powder, or not the sort that accomplishes anything. Which means that a general election now would simply prolong the reign of idiocy, no matter who wins.
Before the end of this century, there will be another American Civil War.
We have sometimes been pretty harsh on John McCain at this blog. It is only right, though, to remember the very fine qualities of this man. Coffee House does so. Well said.
Some of the comments that we got yesterday after the Community Organiser from Chicago was elected were wonderful. Here is my personal favourite:
First, demonize him and ascribe his motives to evil and malfeasance, not just policy differences. We should proclaim often and loudly that he is not our president, that he stole the election and he has no mandate. We should repeat false stories about him, no matter how crazy or wrong, until they are accepted as common wisdom. We should create lies and urban legends to smear him and demean him. We should ridicule any verbal slips or gaffes, and ascribe them to his native stupidity and intellectual vapidity. We should accuse him of every sin and crime under the sun and attempt to have him impeached for policy differences, which we should call crimes. We should undermine any programs he wants to pass by misstating their goals and content. We should take quotes out of context to make him seem ridiculous and to make him seem mean-spirited. We should repeat often that he doesn’t care about people who aren’t the same race as he is, and that he is only out for his own kind. We should claim that he is going to try to force a coup and take over the country by force. We should claim he’s going to lock up any dissenters. We should loudly scream about losing our rights and interfere with his speechs and disrupt any gatherings of his party. Our politicians should cynically misstate his policies to make him look bad.
Update: one or two commenters are outraged by this and the words “native stupidity” have prompted at least one commenter to accuse me of being a racist in putting this paragraph on the blog. For goodness sake: the whole point of the comment was that it was written by a very bitter man who understandably feels that it is time that Obama should be attacked in exactly the same way as was Bush, who after all has been constantly attacked for being stupid, for his Texan drawl, whatever. What is sauce for the goose is sauce for the gander.
I don’t normally respond to comments by adding to my original posts, but in this case I think it is necessary to lay down a marker to all those Obama supporters out there who might get twitchy when their hero gets any flak: criticism of Mr Obama is not some form of disguised racism. If the Democrats and their cheerleaders in the MSM spend the next four years trying to ward off all criticism of their man as racist, they will demean the genuine examples of racism that still exist. Further, they will, either unwittingly or not, harm racial harmony in the US and elsewhere. They will also deserve our contempt.
Jonah Goldberg over at National Review Online’s The Corner blog makes the point that the election of Mr Obama, by a landslide, does rather crush the idea that colour is any longer a serious bar to achievement in the US. Well he has a point, although I am sure there are still plenty of racists around who might try to hinder the efforts of others on grounds of race. But as we free marketeers like to point out, outside the world intermediated via political coercion, being a bigot imposes a serious cost on the bigot, since being prejudiced against a smart, hardworking person on the grounds of their skin colour is stupid. A rational employer, for example, even if he is a bigot, will employ people if he or she can get a competitive edge thereby. That is why markets can have a general tendency, if they are allowed to work vigorously, against bigots, even if racial prejudices persist.
With the institutions run by the state, meanwhile, Mr Goldberg argues that with the election of Mr Obama, it is going to be much, much harder for defenders of racial quotas in things like university admissions to continue with the idea that reverse discrimination is required any longer. Hmmm. I personally am a bit skeptical: there is such a large vested interest in maintaining the politics of grievance that getting rid of reverse discrimination will not be easy. But I think one welcome aspect of Mr Obama’s election is that he will emphatically knock down the image of America as closed to non-whites. It has been nonsense for years of course, as a prominent, black economist like Thomas Sowell has been pointing out. Condi Rice and Colin Powell’s advancement to the summit of government hardly squares with the idea of a bigoted Republic, although having served under Republican administrations, they do not get much of a pass from the MSM. But the grievance industry, as an unintended consequence, just took a big hit with the election of the Community Organiser from Chicago. That is surely a good thing.
I attended a US Election Night Party in central London last night. It was wall-to-wall Obamamaniacs. They had badges (or ‘buttons’ as you Americans call them) on sale and while my first choice would have been Bob Barr, I chose a McCain/Palin one just to piss everybody off. Significantly, the Obama/Biden badges were on sale at £5 each while the McCain/Palin ones were going for a knock-down £3. A portent of things to come, I thought.
Anyway, since Perry has manfully tried to steer us all towards optimism this morning, I felt compelled to sink my hand into the mud, dredge up a big, smelly, greasy, filthy dollop of pessimism and smear it all over you. Oh come on, you know you love it really.
So, the USA has finally got its version of the Tony Blair/New Labour revolution and, if our experience is anything to go by, then ‘get ready for da pain’. I wish someone had had the foresight to slap an export restriction on it. It means (as if you have not already guessed) a whole heaping helping of new taxes and regulations but, most tellingly, a huge expansion in the public sector payroll. What better way to ensure future election success than with an army of loyal, grateful and dependent voters? That’s how they did it here. Welcome to the client-state. Can they do it? Yes they can. And they will.
The Republican Party (which I care little for) is probably buggered. Not only is it going to take them a long time to get over the now-universal loathing of ‘Bush and the neocons’ but they are also likely to paralyse themselves with an extended period of intra-party squabbling about which directon to take. Furthermore, it is very unsafe to assume that they will move in the right direction. We made that mistake here after the Conservatives got their clocks cleaned in three consecutive elections. “They have no choice”, we said “but to take the party in a more free market, libertarian direction”. Boy, were we wrong about that. Instead, they decided that what they needed was a big dose of what the other guy was having. Don’t be surprised if you find that the whole centre of American political gravity has shifted semi-permanently to the statist/left.
However, libertarian ideas (which I care a lot for) are also probably buggered. The Keynsians are busy priming their pumps which means that not only are things going to get worse, they are going to made worse. But do you think that Mr. Audacity and his chums are going to get the blame for that? Think again. “Unregulated, free market capitalism” (as if we have ever been within a cruise missiles range of any such thing) has already been fingered as the culprit for this crisis of regulatory statism and that gigantic lie has now become the accepted narrative. As I always say, its perceptions that matter. For crying out loud, the epidemic of violent youth crime in this country is still being laid at the door of Margaret Thatcher (“She created a greedy, me-first society where nobody cares about other people”).
Furthermore, we can expect to have to deal with an emboldened IslamoLeft. Regardless of whether or not there is any objective justification, they will see this as a vindication of their efforts meriting a redoubling of their political ‘jihad’. I’m not necessarily referring to bombs on buses here but, if I was them, I would be drooling at the sight of all those 20-something “Yes we can” chanters and gearing up to harvest a fresh crop of Useful Idiots (a Western commodity so reliable that it really ought to be the subject of a futures contract, like pork bellies or cocoa).
So, there we have it. Several reasons to be uncheerful. What do we do? I have no idea. Probably carry on doing this. What else can we do?
Have a nice day.
And come back soon.
Missing you already.
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Who Are We? The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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