
A salute of many popping champaign bottles to our confreres with the Movimiento Libertario Costa Rica on winning at least five (and possibly seven) of the 57 seats in the Congress of Costa Rica. Bravo!
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Recent events in Argentina have helped drag quite a few things out into the light that would rather have remained skulking in the shadows. One of the things that is now clear is that the idea a debtor nation can be ‘too big to be allowed to fail’ is revealed to be a myth. When Ecuador defaulted on $6 billion worth of bonds in 1999, people just shrugged it off as ‘only Ecuador’. Yet now we see Argentina going the same way to the tune of $132 billion. Another thing has become clear about the IMF. Anne Krueger, the IMF’s deputy managing director, has let it be known that the fund is very keen to get out of the ‘sovereign bailout business’. To this end the IMF has some fantastical plans for ‘harmonising’ international bankruptcy laws which will of course come to nothing. Yet the source of the impetus for restructuring the IMF’s relations with debtor nations is quite revealing and not one you might think. Much of these ‘new’ ideas being floated come in almost whole cloth from Jubilee Plus, a leading anti-globalization pressure group whose very name you would think would be anathema within the hallowed halls of an ostensibly pro-capitalist organisation like the IMF purports to be. In fact what is clear is that Jubilee Plus and the IMF are just different sides of the same pro-stasis coin, profoundly hostile to dynamic free trade networks and in favour of state centred status rather than value based economics. It says much about the inevitable evolution of the IMF from a supposed facilitator of the global capitalist economic order to being little more than the financial arm of a network of pro-stasis organisations underpinning almost every kleptocratic state on the planet. For as long as the IMF is not just happy to prop up heavily regulated force based value destroying economies of the sort favoured by Jubilee and its ilk, there is little motivation for financial institutions to tailor their lending to the economic realities of a nation’s governance. Yet there is always the fond hope that while the IMF ponders its restructuring, a few really large international lenders will feel some serious pain. What is really needed is for a few nice large international names to go belly up as there are few things that get the financial world’s attention better than that. I am thinking of people like Citigroup, FleetBoston, Banco Bilbao Vizcaya and Santander Central Hispano, who are all massively exposed to the mess in Argentina… sadly this is probably not going to happen but if it did, what we would have is a clear causal link established between a willingness to lend to kleptocratic governments and disaster. This in turn would impose a real cost in terms of an inability to borrow on governments which pursue anti-economic statist/stasist policies. Just as companies with bad ideas must be allowed to go broke, so must governments. Sovereign default can be very invigorating to the cause of liberty and advocates of true non-crony capitalism should oppose any institutions which seek to ameliorate the link between government actions and the consequences of those policies. And if those governments, such as in Argentina, are democratic then all the more reason for allowing the voters of that country to reap the bitter consequences of their theft-by-proxy mandates. Let the financial tumbrils roll and lets see whose heads get cut off without the Scarlet Pimpernel of the IMF to come to the rescue. Justice is sometimes achieved. Jean Bove, a key figure in the anti-globalisation movement who trashed a McDonald’s restaurant in France, has been jailed for three months for his offence, committed in 1999. A report by Reuters on today states he claims he was protesting about US tariffs on cheese and other French foodstuffs, but I do not recall this French twerp as a principled advocate of free trade for American products in Europe. Frédéric Bastiat he most definitely is not! The calm acceptance of tyranny is often more scary than its imposition in the first place. I saw the following letter in the online edition of the Daily Telegraph, the right-leaning broadsheet not normally known for excessive idiocy. The following letter on ID cards was written by a certain R.E. Parker who clearly regards libertarian concerns about ID cards as so much paranoia. The letter is a classic:
This surely misses the point. As a freedom-lover I don’t mind being asked for ID in certain cases and indeed, in a free market, all kinds of institutions would make it commercially sensible for persons to carry ID of some kind, such as banks in Oman. But what the letter-writer is interested in, I assume, are state cards, imposed by force. The Oracle of Delphi was the flip side of the ancient Greek culture that brought us the underpinning genius of modern western thought. The Oracle was the voice of superstition and irrationality. As a result I have always thought it appropriate that the name of the company founded by supporter of the Panopticon surveillance state Larry Ellison was ‘Oracle’. Over on Matt Welch‘s blog, he reports the inane comments of my pet hate Ellison who, it turns out, is a great fan of Napoleon. Hold on to your tricorn hat for a trip into the history à la Larry:
Quite right Larry. He constantly limited other tyrants as he insisted on being the only tyrant allowed. Military dictators generally don’t like political competition.
Indeed he did. He used the French Army to impose his own will on most of Europe. I wonder if Larry thinks when this was tried again in 1939, it was necessarily a bad thing?
I see. So EMPEROR Napoleon, self-crowned military dictator of the French EMPIRE, conquered much of Europe and caused several million deaths during the Napoleonic Wars because he wanted to bring democracy to everyone? Including democratic Britain (that’s ‘England’ to you Larry)?
For a man who never considered himself a soldier that was quite some military career. Particularly the bits where he went to military school, joined the French army, gave some folks a ‘whiff of grapeshot’, hijacked the French Revolution and then led the French army on a war of aggression against most of Europe. My guess is that Larry Ellison has probably never considered himself a poorly educated jackass either. Other than the fact unlike Mussolini, Napoleon was indeed a great general and he had a more extravagant tailor, there is actually little to differentiate him from any number of brutal collectivist military despots. Today he would have been called a fascist. Of course as many of the political causes Larry Ellison backs are indeed aimed at turning nations into police surveillance states I am hardly surprised he admires Napoleon-the-lawbringer, albeit from the perspective of a historical ignoramus. I can certainly understand admiring Napoleon-the-General, but to praise him for authoring the world’s first truly global war in order to impose his will, his Code Napoleon on everyone at bayonet point? It is rather like admiring Heinz Guderian not because he was a brilliant general but because he was a Nazi. One is so surprised to see the BBC acknowledge in any manner the existence of black conservatives that it seems unreasonable to ask them to do it politely as well. Actually it wasn’t too bad. Around the middle Keane was stricken by Paxmanitis and got a little offensive as he kept interrupting Connerly and denying the listeners what could have been interesting trains of thought. Then he got a grip on himself and asked some interesting questions about the lessons that Connerly drew from being abandoned by his father. That wasn’t what I came here to talk about. I get distracted so easily. Brian, I had a similar experience when I went to Oxford. I was used to being Miss Clever Clogs, top of the class, star of the show. Suddenly I was surrounded by people at least as clever as I was. On the one hand, a bit of a blow to my ego. On the other – how wonderful to strike this unsuspected lode of people who saw nothing odd about wishing to talk about Olbers’ paradox. Let’s just be glad they don’t make us take an exam to determine our rankings in the suddenly-extended Libertarian pecking order. You might not come a-cropper even if they did. That wasn’t it either. Oh yes, aeroplanes. My dear spouse and helpmeet directs me to say that yes, the Spitfire did suffer from a low range, but the British never attempted a long range fighter, largely due to Portal’s opposition. (See The Right of the Line by John Terraine.) As to armament, the US never needed cannon because they never needed to knock down bombers. Against single engine fighters, .50 calibre machine guns were enough, but you need something which explodes to knock down a twin-engine bomber… There’s more. Much more. Do you any idea what it’s like living with this? I sit down to watch a war flick and rest my eyes on the young Robert Mitchum, and what do I get? “That’s never a Panzergnadigefrau Mk XCVIII, nah, it’s a recycled Abrams with a cardboard hat on. (They sold a job lot to the Vatican in 1958 you know.) And they have the nerve to call that a EntschuldigenSieWaffen uniform? Hah! Don’t they have researchers? Couldn’t they employ someone to tell them that the silver fly-buttons didn’t come in until 1944, and late 1944 at that….” The Samizdata has been awarded the Croix du Mérite for driving critically rational pointy things into hearts of crypto-Euro-commies, by Thomas Sipos of the Communist Vampires website. ![]() And we have only just begun to fight! So do you think I would make a good replacement if Sarah Michelle Gellar ever retires? Is the world ready for a new Balkan Buffy? Natalija the Vampire Slayer! Mmmm. I bet that pays really well too! Steven Den Beste has replied to my remarks about World War Two aircraft. Tally ho!
It has nothing to do with my ‘British sensibilities’ but I do know a thing or two about aerocraft of the era.
I will try not to get too irked that Steven seems to imply that my presumed nationality somehow skews my historical judgement. He also should have read my article more carefully. I said I was talking about mid-to-late war piston engined fighters (the P-51 was not around in the early war period), and what Steven is describing is a 1940 Battle of Britain era Spitfire I. By 1941 all (non-PR) Spitfires, from the Spit V onwards, were armed with two 20mm cannon as well as (usually) four .303 machine guns. It is the lack of cannon armament in the P-51 to which I was referring. More importantly all the Luftwaffe fighters which the USAAF were facing were cannon armed aerocraft. Of course it was not a decisive flaw because the six 50 cal HMGs favoured by the USAAF were good enough.
Quite incorrect. Stephen seem to be again comparing the 1940 Spitfire I with the 1943+ Mustangs, rather than the Spits that were flying at the same time as the various marks of Mustang (such as the Spit IX or the formidable Spit XIV or Spit XIX). In fact, there was never really anything to choose between the two fighters in terms of speed because as the newer versions of Mustang came out, so did the newer versions of Spitfire. There were many versions of the P-51 and even more of the Spitfire and the Spits in particular had many sub-variants optimised for certain altitudes making the comparisions even harder. In fact the late war Griffon engined Spitfires were generally both faster, better armed and more heavily armoured than the directly contemporary Mustang versions. But this also goes to show the fallacy of comparing them at all: the Mustang was fighting most of its battles at very high altitude over Germany, for which it was optimised and handled beautifully, whilst the Spitfires were fighting at low to medium altitude over the battlefront or defensively over Britain, neither of which required long range. Certainly Spitfire LF variants would be able to outfly a Mustang of equal era at low altitude by a significant margin, but that is not really what Mustangs were for, even if they were occasionally used that way, so is it even a useful comparison?
The fact is RAF nightfighters did indeed operate against Luftwaffe nightfighters. For much of the war, hunting German nightfighters was the primary RAF nightfighter mission, both as escorts to the RAF night bomber streams and as night counter-air intruders over German airfields. If you want to know more about that I strongly recommend History of the German Night Fighter Force by Gebhard Aders. It is written from the German point of view and is a superb book, pretty much the definitive work on the subject of the night air war in WW2. Also to compare a Mosquito (of any mark) with an Bf.110 is like comparing a Ferrari with a Pinto. Mosquitos did indeed operate against single engined day fighters in a way that would have been suicide for a Bf.110. There are a host of books on the history of the Mosquito, but I would recommend Mosquito by C. Martin Sharp & Michael J. F. Bowyer, if you want to see a very broad range of information and statistics of all versions. By day, what it could not outfight it could outrun (until the jets arrived of course). Mosquito day fighter-bombers (mostly the FBVI version) regularly clashed with high performance single seat fighters like the formidable Fw. 190 and were quite capable of holding their own. For some excellent accounts of Mosquito tactical day and night operations, I recommend 2 Group RAF: a compete history. 1936-1945 by Michael J. F. Bowyer, which I have just finished re-reading.
Maybe, maybe not. There are many historians who disagree with that widely held view and contend it was production problems, not the so called ‘bomber directive’ that was actually the reason so few Me-262’s ever became operational.
Update: As a couple people have asked me to recommend some sources regarding my remarks about the Mosquito, I have edited the article to include two in the text above. Whatsoever, for any cause, Sent in by a certain fellow Illuminatus with the following excellent remarks:
Quite! Back in Samizdata’s paleolithic era, there was a run of Kipling quotes both here and on Natalie Solent‘s blog. |
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