Community and collectivism are opposites.
– Eric S. Raymond (via David Thompson)
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According to information linked to by Glenn Reynolds, the New World is poised to become the center of gravity for oil production by the end of this decade. There is as much as 2 Trillion Barrels in the US; another 2 trillion in South America and 2.4 Trillion reserves in Canada. This affects the Middle East but it hits Russia even more. Over the last decade two of their big earners have been oil exports and aerospace. These have been just about the only sources of national power they have. Oil and gas exports have been used as a carrot and stick against the Europeans. The need for Soyuz launches to the International (but mostly US funded) Space Station have softened reactions from the US congress. The Russians know the US can only make noises about sales to Iran and others like them because ISS is and has been essentially hostage to their good graces for years. SpaceX and American companies like them are about to shift the center of gravity for space systems back to US dominance. This has huge geopolitical implications. Cargo and crew flights to ISS will be fungible. If the Russians threaten a stand down, all that is needed to counter it are extra purchases from an American provider. That assumes we are even still buying Soyuz as the desire for Congressional ‘pork’ will almost certainly be overwhelming. It will result in a ‘buy American’ requirement for all US Government space flight as soon as SpaceX proves they can handle the job. On top of it all, if SpaceX delivers on the low prices it is quoting, and there is no reason to believe they will not, Russia and China and Europe are all going to be priced out of the commercial launch business in short order. That is why the Russians are not happy about the SpaceX Dragon rendezvous and docking with ISS in December. With that docking and the shift in global energy production the writing is on the wall for Russia. Its days as even a minor world power are numbered. The implications of that are not necessarily good. Russia’s ruling classes have been known to do very bad things when they feel threatened. Whatever the case, we are going to find out by the end of this decade. Virginia Postrel, over at her Deep Glamour blog, has interesting brief thoughts about how British Airways is attempting to revive its image by being glamorous. The video linked into here has shots of BA aircraft past and present, including that ultimate piece of aviation coolness, Concorde. The new billboard ads I see on the side of the London Underground go for this sort of feel, too. But as always with glamour, the trick is being able to achieve a certain willing suspension of disbelief, rather in the way that, as Postrel has noted elsewhere, people regarded Barack Obama as a glamorous politician. (So was JFK, unlike, say, Eisenhower, Truman or even Ronald Reagan, despite the latter’s Hollywood back-story). BA is not the only airline to try for the glamour approach in its marketing. The new adverts by Virgin go for a slightly more raucous, fun-fun-fun! approach and it makes me wonder how some feminists must think of it as the ads are full of young, sexy-looking women in killer heels, slinky red uniforms and so on, while the pilots and other crew are all winking in a naughty fashion at the camera. The message seems to be: “Fly Virgin and you might just get away with a hangover or a phone number!” On the positive side, it certainly seems to be at odds with the neo-puritan killjoy mood of the moment, so kudos to Sir Richard Branson for that. And these thoughts take us to the collision between the desire to project hopes and dreams onto something (an airline or a politician or actor) and the reality. Consider how the vacuous Obama sound-bite “Hope and Change” has now become an ironic tagline for many an Instapundit post, for example. And Postrel has given several talks, including this one at TED, about the glamour issue more broadly. (She also has a book coming out.) This issue of aviation glamour reminds of something I wrote a while ago about the movie, The Aviator, based on the life of Howard Hughes. He played a huge part in the airline industry, of course. And here is another chance for me to talk about Aerotropolis, a fascinating book about aviation and the modern world. I have been intending to do a long article on SpaceX and their plans but the combination of consulting to eat and pay the bar tab and of trying to get funding for my own New Space business has been keeping me too occupied for a lengthy and well researched article. Fortunately, the National Space Society finally finished its internal deliberations and is now solidly and publicly backing the commercial space approach to exploration. (No industry insiders were harmed in the making of this film… er policy.) With policy in place, an updated version of an excellent article on SpaceX, what they are doing, where they are going and what it all means has been published. John Strickland did an excellent job on it. Read it! It would (will?) be interesting to hear what our own Paul Marks has to say to in answer to this, from Ambrose Evans-Pritchard:
Clearly, Evans-Pritchard had in mind commentary like this (Paul Marks yesterday):
Evans-Pritchard, however, says this:
So, have things changed, or have they not? I agree about the USSR parallels in all this. But Evans-Pritchard’s reportage also reminds me rather of that vote of confidence that they had in the House of Commons, which Neville Chamberlain “won” in 1940, but actually lost. I remember once speculating, here, there or somewhere, that one of the many things that could reasonably be said to have caused Word War 2 was the failure of any sort of German Parliament to meet – circa 1939, and say, in the manner of a British Parliament: No! No more of this! That time, the idea was for Germany to conquer Europe (and much else besides) with armies. Now the plan is and has long been for Germany to buy Europe, and give it to … EUrope. But the price is again proving ruinous and the object being purchased is a crock. This time, the means are surely still in place, as they were not in 1939, for Germany to say: No! But, did they? And if not, will they? Over to you, Paul Marks. LATER: Detlev Schlichter agrees with Paul, using the word Götterdämmerung. Germany, he says, is finished. He also says this:
Indeed.
I cannot see him in David Cameron’s inner circle, somehow. For all my worries about where it is headed, the fact that someone like Mr Cain (has to be one of the best surnames in politics) can reach such levels says a lot about what the US is in terms of how people can surmount obstacles to build a successful business despite prejudice and the rest. This is a rush item. Go there right now if you read this as soon as it goes up:
Click here to watch the discussion live Try the animation here for a peek at SpaceX’s future plans. Only 85 members of the German Parliament support the opinion of the people against yet more bailoutsThe German people (like the British people and the American people) are overwhelmingly against the bailouts. But their opinion (like the opinion of the British and American peoples) has been ignored in the past – and vast sums of money have been spent. Today was a vote over whether or not extra hundreds of billions are to be spent – and to be spent by an European Union executive agency with arbitrary powers. At least 70% of the German people were against this – in spite of the intense propaganda of the establishment media. Yet only 85 members of the German Parliament voted to stop it. It is the end – not just the end of any prospect that people will really face up to their problems (rather than scream for endless bailouts), but also the end for any pretence that modern government is in any real sense “democratic”. It is not a sudden emotional whim of the people that has been ignored – it is the settled opinion (conviction) of the people, which has been held (in spite of intense propaganda against it) for a long period of time, that has been spat upon. “Vote them out”. How? Both the governing CDU and the opposition SPD voted for endless bailouts and arbitrary executive power. Europe on the Brink, a Policy Brief published by the Petersen Institute for International Economics, makes for grim reading. My favourite quote from it is this subheading:
“Potential”? Also, I think, for “euro area” read state-backed but not gold-backed currencies everywhere. But the USSR comparison is spot on. When the USSR disintegrated, this was rightly hailed as a triumph for capitalism, but not rightly hailed as the triumph of capitalism. There were other walls yet to fall, other statist follies yet to be destroyed. The commanding heights of the economy used to be thought of as big companies that did physical stuff to physical stuff. 1991 was the date when the idea that governments should micro-manage such enterprises got its comeuppance, and the torrent of high quality stuff that has gushed forth ever since continues, as yet, unabated. But the real commanding heights, the loftiest and most commanding of all, the politically (mis-)managed currencies of the world, are only now collapsing. Think of our current travails as the unfinished business of the twentieth century. Here is a good column slating the idea of a Tobin Tax. The key issue that people need to understand is the issue of tax incidence. To put it another way, taxes are a cost (indeed, for some things, such as taxes on tobacco, policymakers stress this point). Costs get passed on. If we tax financial transactions, it will be passed on in the form of lower profits, job cuts, lower savings rates, higher borrowing costs. The tax, of course, will weigh disproportionately on London, given the far smaller turnover of rival European centres such as Paris. As the saying goes, can we leave yet? “For as long as the culture of business has been an integral part of American life, it has also been frowned upon by important sectors of our society. Among our intellectuals especially, the business world has been the subject of many brutal caricatures, portraying corporations large and small, and the people who run them, as heartless, soulless agents of greed. These caricatures have shaped our implicit understanding of the nature of the business world, so much that they have come to pass for conventional wisdom.” An interesting piece, although its caricature of Ayn Rand is a duff note. I live in the Westminster area of central London – Pimlico to be exact – and I am planning to get out of London next year when the Olympic Games are on and spend some time with my Dad and also travel abroad to get away from the mayhem. Luckily, my job enables me to work remotely for a while. Sometimes, when friends ask me about this, they ask if I am thinking of letting out my property for a couple of weeks or whatever, and earn a bit of extra cash to compensate for the cost of paying for the Games and the associated hassles. In general, I am against the idea of letting my place to strangers, and would only consider letting it to people I know and trust. (I am worried about strangers stealing my entire Robert Heinlein collection, 50th anniversary Playboy album and cufflinks. You know how it is). However, it turns out that Westminster City Council has decided to kill the idea anyway – people who let properties for short periods without permission will, it says, be fined. Other London boroughs are taking a more liberal line. I was not aware that to let out my property for a few days or weeks was something that the council had any power to prevent. Now we know better, alas. Suppose I decide to let my Dad house-sit my place for a few days, or let other relatives use my place and possibly reimburse me for the electricity, gas and water bills. It appears that the council officials are entitled to check who is in properties during the Games and make sure they are not being used illegally as rentals. Of course, some people will chance it and let their places out. I must say, Britain is becoming more like East Germany. That country liked its Olympics, if I recall. The next time anyone talks about the UK and property ownership, please try not to laugh. Update: The commenter Laird asks if we could legally challenge this edict. I suppose it is possible. |
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