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.
Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
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This story catches the eye:
The UK’s Jedi community today expressed concerns that government plans to ban Samurai swords could hinder their freedom to wield lightsabres in public.
The UK’s Home Office today issued a consultation paper ahead of legislation intended to ban Samurai blades by the end of the year. In a bid to “protect the public”, replica Samurai swords will become illegal to import, sell and hire in Britain.
The quote marks around “protect the public” are deserved. Quite how such a ban will “protect” anyone is a mystery. The ban on handguns has not led to a dramatic fall in gun-crime, as the recent spate of shootings in London demonstrate all too plainly. If swords are banned to prevent crimes, why not go the whole hog and ban kitchen knives?
Come to that, why not take up the idea of banning opposable thumbs? Human beings – we are not a feature, but a bug!
I never begin to be amazed by David Cameron. Surely this man is the most visionary and inspirational rhetorical and philosophical figure of our age:
David Cameron will pledge tomorrow to work with like-minded politicians to create a new European Union..
Wow! We have never heard that before. Radical or what?
The speech will be a clear signal that Mr Cameron will not take his party out of Europe and also a message to supporters who are considering deserting to UKIP that he will try to change the EU.
And I, for one, absolutely believe him. This Cameron fellow is like a breath of fresh air and good old-fashioned, down-to-earth common sense. Well, not quite down-to-earth perhaps.
“A visitor from Mars, witnessing the signing of the declaration, would take a close look of the inner workings of the EU and…”
Blast the whole thing to smithereens with a giant death-ray?
“…observe earnest discussions about reviving constitutions, transfers of competence, relative voting weights and other distractions.”
Ah, yes. Those Martians are so nuanced and sophisticated.
“But the intelligent Martian would say the EU should be focusing on the economic challenges of globalisation and the urgent need to reform European economies so that it could maintain its prosperity. It should also concentrate on the challenge of climate change and the need for swift action at all levels to slow the rate of global warming. And it should be absorbed by the moral and security challenge of global poverty.”
He is definitely onto something here. After all, the policy-making imperatives of the European Union are the hot topic of conversation on the Martian dinner-party circuit.
David Cameron – a Carefully Understated Natural Tory.
Last Sunday I came across a gem of a job advertisement for HM Customs and Revenue and we discovered that as taxpayers, we are in fact “customers”, and the job of directing this happy enterprise went with a six-figure salary and no doubt, a final-salary pension. Ever since I have been tracking job ads in the public sector, and this weekend, I have another little cracker for you via the Sunday Times:
“A new era for adult social care services.”
A new era. Hold on to your wallets folks.
Director of adult services.
What, is this a porn company?
Up to 110,000 pounds.
Yowza!
Newcastle, recently designated a “science city” by the government, is a great city which in recent years has been transformed into one of the most cosmopolitan cities in the country”.
True. No longer famed for shipbuilding, Newcastle has been through a terrible economic time, but it has some top-class firms, like Sage, the accounting software business. The beer is good and cheap, and the local boys and girls amaze by their ability to go out on a wintry Friday night wearing hardly any clothes. Oh, and it has Newcastle FC, which last won a trophy back in the early Jurassic period.
Our population is ageing and changing – we need to plan for this now. It is critical that organisations across the city work together to better plan for and provide for these changing needs.
No. What the state needs to do is to withdraw from many activities and let people increasingly take control of their own lives and save up money to deal with rising longevity. This process was made rather harder by the present Labour government’s endless fiddling with the tax system, and most of all, its 5 billion-pound-a-year tax raid on corporate pension funds.
In other words, the job spec. here is for some head honcho to “co-ordinate” various efforts to confront the “problems” of a greying population. It seems to me that all this co-ordination will do will cost a lot of money for jobs like this one. People are living for longer – which is hardly a problem from many points of view. As people live longer and healthier lives, then job patterns would, in a free and unfettered market, adjust to deal with that.
£110,000 (US $214,000) is a very nice payout for a lot of bureaucratic hot air. If one multiplies such jobs, you can see why the increase in public sector jobs of more than 800,000 since 1997 has had no noticeable impact on the quality of public services in this country, and arguably, made them far worse.
And while we are on the subject of the Antichrist, is there not something very sign-of-the-apocalypse about this?
CHILDREN aged 11 to 16 are to have their fingerprints taken and stored on a secret database, internal Whitehall documents reveal.
The leaked Home Office plans show that the mass fingerprinting will start in 2010, with a batch of 295,000 youngsters who apply for passports.
‘Leaked’, my balls! This is being floated in order to measure public reaction. A muted response and all the right boxes will be ticked. A mass cry of protest and the plans will be shuffled off to another in-tray to await re-floating later in the year or early next year (preferably under cover of some news-consuming natural disaster or terrorist attack). These people believe that time is on their side and maybe it is.
Our masters are not only deeply and irredeemably malignant but they are also intoxicated with the heady fumes of power and verging on the insane. The question is, what do we do about it?
As regulars of this site will know, even the most ardent sports fans on this blog – Brian Micklethwait, Michael Jennings and yours truly – despise the Olympic Games. Or, more exactly, we despise how the Games in the UK are funded out of taxes, and despise the crooks, cretins and gullible fools who imagine that the benighted taxpayers of Britain are making some sort of “investment” by paying for the Games. The other evening, flicking through the channels, I saw Sebastian Coe, now a peer and a former Tory MP, go on about what a smashing “investment” the Games respresented, as if he was talking about a punt on the Nasdaq or a purchase of BMW bonds. That an alleged Tory should use the word “investment” to talk about something that could not stand up on commercial grounds and requires the looting powers of the state to function is depressing evidence of the calibre of Tories today. For all their faults, former Chancellors Nigel Lawson, Geoffrey Howe or even Norman Lamont never insulted our intelligence by abusing the English language in this way.
It is possible that the Conservatives have made the crude calculation that the blasted Games, which surge in cost all the time, are going to happen anyway, will be an expensive mess, and the best thing to do is to make supportive noises, not appear to be grouchy, and pin any blame for cockups on the Labour government. From a narrow tactical angle, this is possibly sensible. There are some battles not worth fighting; while the cost of the Games could run above 10 billion pounds, the overalll size of UK public spending is several multiples of that and the Tories or any decent opposition must focus its attention on that. Although a huge figure, the cost of the Games represents a rounding error compared to the total public spending burden. Even so, it would be good to see the Tories flaying the government over the fiasco that this event threatens to become. Over at the Social Affairs Unit blog, the writer Jeremy Black makes some good points on what this government’s opponents should be doing.
Oh well, at least writing about this takes my mind off Ipswich Town FC’s miserable footballing year and England’s loss of the Ashes. Sigh.
As if the threat of being bullied and labelled a fattie is not enough, there is now the risk that the state and its agents will take a child into care if that child is deemed “obese”. Over the last few days, the press has carried reports of how a young boy, weighing in at a powerful 14-stone (196 lbs/ 89 kg), narrowly avoided such a fate.
My first instinctive belief is that the state has no business telling us about what should be the shape of our butts. In the case of children, responsibility lies with the parents, and there has to be real and sustained proof of neglect and abuse to trigger any form of intervention. In nearly all cases, my view is that the “cure” of taking an “obese” child into care will far worse than the supposed problem. Yes, extreme obesity, as measured in terms of excess fat vis a vis overall body shape, is not something to laugh at or dismiss. Although I have been lucky and born with a slim physique, I still try to build on that good fortune by keeping fit. There’s no doubt that many people in Britain are unhealthily overweight. Lack of exercise, sedentary lifestyles and the demise of hard, physical labour all have an effect. But while I would encourage folk to look after themselves, ultimately, what people choose to do with their lives is their business, not mine. In the case of this youngster, realising that he is overweight should be incentive enough to do something about it. His parents may not be the brightest lights in the harbour, but from what I have read, they plainly adore their son, although they probably could exert rather a stricter control over his diet.
As we have also found in so many cases, paternalistic state actions often start to “protect the kids” and end up spreading towards adults as well. I hope this young man learns to take pride in his own health and can look back in future to this time in his life as one where he learned to control his appetite and also realise how dangerous the state has become. There are plenty worse things than having a large tummy, that is for sure.
225 years ago today Parliament voted a resolution to end the war and grant the colonies independence. A month later Lord North faced a vote of no confidence and stepped down.
It seems to me any old place can declare independence, it is when your would-be rulers accept it that matters.
In the course of my day job, I have to give my boss a round-up of the Sunday business pages to keep track of all the latest news and features. Not surprisingly, the Sundays are full of stuff right now about Britain’s ‘super-rich’, such as those folk brokering lots of mergers and takeovers at the moment (see my post below defending private equity). Well, the socialist looters among us will be thrilled to know that the enemies of personal enrichment are alive and kicking. Here is a job ad in the Sunday Times:
“HM Revenue & Customs. Make a real difference, take our information to a new level” (I liked that bit)
“Attractive six-figure package – central London”
I am sure it is very attractive.
“You probably know HM Revenue & Customs as the people who collect tax but there’s far more to it than that”
I bet there is. Go on, we are dying to know.
“We play a vital role in law enforcement and protecting society”
Yep. When Gordon Brown fucked the UK pensions system, it was all about protecting society.
“90,000 work within HMRC, and we have over 40 million customers (taxpayers, claimants and others)
“Customers” – that is beautiful. And we ‘customers’ of VAT, income tax, inheritance tax, stamp duty, national insurance (tax), etc, are being cared for by 90,000 caring, sharing, hugging, cuddly people. Terrific.
“In every sense we have a huge responsibility for society and the economy, so customer focus sits at the heart of everything we do”
I do not know who writes these adverts, but the Comedy Central Channel is always in need of new blood. Hire this person immediately.
When I read the following column by Will Hutton, lambasting private equity firms for daring to take over big UK companies like supermarket J. Sainsbury or whoever, I laughed out loud. Here is his lead paragraph in Friday’s Guardian:
It is time to come to the defence of the public limited company, one of the great Enlightenment gifts to western civilisation. Increasingly capital, in the quest for higher returns to make vast personal fortunes, is going private to escape the demands of public accountability on stock markets. If uninterrupted, the long-term adverse consequences of this privatisation of capital for our economy, society and democracy will be profound.
Rubbish. Firms that are floated on the London Stock Exchange, Nasdaq or the Martian 250 are privately owned, Will. They are not owned by the state. True, limited liability laws, as the libertarian writer and friend of mine, Sean Gabb, likes to point out, present serious issues in terms of the gap between ownership, responsibility and control (I wrote about this topic a while ago). But to argue that private equity shops like Apax, Carlyle or Texas Pacific – those evil Amerikans – are taking what should be ‘public’ into grubby ‘private’ hands is economic illiterate nonsense. Firms exist to make a profit, Will. As Milton Friedman trenchantly put it without hint of apology to the gods of ‘social responsibility’, a company’s job is to make a profit for their owners, not to further whatever corporatist/fascist/socialist/ist agenda that happens to attract the gaze of Guardian editorialists.
Why the current wave of hysteria about private equity? It is being fuelled by two things: fear and envy. Fear of the power of these sometimes shadowy firms to buy up famous companies with great wodges of debt finance, or leverage, as the finance geeks put it. Envy, because of the large bonuses that the private equity honchos pay themselves and the often high profits they make in turning firms around. And of course no story about private equity can be written without referring to the Masters of the Universe lampooned by Oliver Stone in Wall Street or portrayed in books with such objective titles like Barbarians at the Gate.
In the main, what these firms do is target cash-rich firms that are run by often lazy executives who have presided over crappy business decisions. Take the meltdown of Marconi a few years ago, one of Britain’s most famous companies. That was a listed company. The destruction of value and jobs in that company remains, in my mind, one of the most disgraceful episodes in British corporate history and who knows, it might have been saved from making big errors had a private equity fund been in charge, rather than deluded executives. Private equity firms helped stymie Deutsche Börse’s foolish bid for the London Stock Exchange 2 years ago, and have turned around businesses. They typically buy and hold a firm for 5 years or more, take a hands-on approach to running firms before spinning them off to another buyer or floating them in an IPO. So Will Hutton should spare us sentimental guff about how limited liability firms floated on the stock exchange represent the perfect model of doing business or something that Adam Smith or Voltaire would exalt. They are merely one of the many ways in which economic activity manifests itself. As interest rates rise and the economic cycle turns, some of the excesses of leveraged buyouts will fade and private equity transactions will decline. No doubt Will Hutton will forget everything he has written and go back to bashing listed firms for their “short-termist” fixation with pleasing shareholders, or whatever.
As mentioned several times in these pages, by the way, one additional reason why listed firms go private is because their bosses prefer not to have to put up with onerous reporting requirements under US and other laws, like the onerous Sarbanes-Oxley rules. If Hutton or other big government advocates are worried about the migration of companies off the listed stock market, they might like to remember that point.
Right, my rant of the day is over. Enjoy the rest of the weekend.
Update: have slightly amended the text about Marconi, just to reinforce the point. One commenter, Bryan Appleyard, has argued that firms become “cultural” forces, as if released from the laws of supply and demand. I have heard some odd attacks on private ownership and M&A before, but that is a new one. Companies that have been taken over by private equity include the Automobile Association, Kwik Fit, Debenhams, various property firms, HEA, the US health chain, and many more. I don’t really see how the cultural issue makes a bit of difference to the folk who work in them or buy their products.
I’d also add that I think some of these private equity deals are in danger of coming unstuck, and no doubt much gloating and gnashing of teeth will occur when or if this happens. It is partly a function of low interest rates and the impact this has on asset prices. Monetary growth is strong at the moment and this is one of the ways in which money supply growth comes out. Another lesson from Friedman to remember.
The powers-that-be are moving to remove that annoyance to business-as-usual called the United Kingdom Independence Party by killing them with a legal move.
The UK Independence Party faces a crippling demand from election watchdogs to forfeit more than £360,000 of donations. The Electoral Commission is due to announce today that it is launching legal action to recover 68 separate donations made to the anti-Brussels party by one of its main backers […] The threat has stunned Ukip’s leadership, which admitted yesterday that forfeiting the money would effectively leave the party penniless […] He and Nigel Farage, the party leader, are furious at what they say is over-reaction to a “simple clerical error”. Mr Farage, who said Ukip’s annual income was about £250,000, said: “I would have expected a rap on the knuckles.”
What seems strange to me is that UKIP actually appear to be surprised something like this could happen. They are trying to break The System and neither of the two main parties who benefit from it really has any interest in seeing the vast body of consensus they both share threatened by outsiders. The LibDems are a predictable ‘given’ that do not really threaten the status quo… UKIP on the other hand is a wild card. If the UKIP thought the risk they posed as a spoiler was going to be fought out amongst ‘gentlemen’ via the ballot box, then they are more naive than I thought.
Also a pet peeve of mine… “launching legal action to recover 68 separate donations…” Recover? The money will be gobbled up by the Treasury. Seize, confiscate, appropriate, take, perhaps, but in order to ‘recover’ the money they would have to give it back to the donor. I have always though the legal use of the word ‘recover’ was the state speaking at its most euphemistically disingenuous.
Only Blair could repackage scuttle as a political victory. The situation in the south of Iraq has worsened over the last few years as British troops have withdrawn from the main towns, leaving the local areas in the control of the Mahdi Army and the Shi’a militias, often under the influence of Iran. The Times reports that the main tasks assigned to the British Army: pacification and reconstruction, have not been achieved.
Anthony Cordesman, of the Center for Strategic and International Studies in Washing-ton, said the British move would simply hand more power to the Islamist groups backed by neighbouring Iran. “The British cuts will in many ways simply reflect the political reality that the British ‘lost’ the south more than a year ago,” he said.
Although there is no Sunni-Shia carnage to compare with Baghdad, the Shia-dominated south has been torn by a cutthroat internal competition for power that has turned bloody. Since August, both Diwaniyah and Amara have been convulsed by clashes between the mainly Shia Iraqi Army, and Sadr’s militia.
Unwilling to increase defence expenditure and recruitment, the government tried to hide behind a victory message whilst hoping to prevent the possible creation of a Shi’astan with a reduced force. Soldiers have done a sterling job under impossible political conditions, whilst stabbed in the back by the hypocrites in the Liberal Democrats. If the government cannot fulfil the security commitments that Blair undertook on our behalf, it should say so honourably and withdraw leaving the United States to hold the ring. If a hot war results from the Shi’a-Sunni tensions ensuing, Blair’s legacy will stand out: defeat abroad, failure at home.
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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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