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What a pity there is no culture of personal defence and widespread concealed carry in Norway as it would have been nice to see one of the victims shoot back at the bastard. – A sentiment much echoed in various armed self-defence forums regarding the recent atrocity in Norway. July 24th, 2011 | 18 comments - (Comments are closed)
 July 23rd, 2011 | 3 comments - (Comments are closed)
“The early aircraft business resembled that of the shade-tree mechanics who, in building hot rods, gave rise, then as now, to true advances in automobile design. See also the chopper shops of California and their influence on the world of motorcycling. A list of these shade-tree mechanics includes the Wrights, Cyris McCormick, Henry Ford, Tesla, Tom Edison, Meg Whitman, Bill Gates, Burt Rutan, and Steve Jobs. How would they and American industry have fared had government gotten its hands upon them at the outset – if it had taxed away the capital necessary to provide a market for their wares; if it had taxed away the wealth, which, existing as gambling money, had taken a chance on these various visionaries? One need not wonder, but merely look around at the various businesses that government has aided. And now it has taken over health care.” – David Mamet, The Secret Knowledge, page 79. July 22nd, 2011 | 10 comments - (Comments are closed)
Guido reports that various opposition unworthies were at Lord’s today, watching England v India, “while Rome burns”, as he put it. Ed Balls, Charlie Whelan, and someone equally important called Kevin whom I do recognise from the picture and whose name I do know but have forgotten. MacGuire, is it? But it was far worse than that in the fiddling while Rome burns department. As soon as it started raining, they had no less a personage than Sir Mervyn King, Governor of the Bank of England, talking on the radio, with BBC cricket commentating supremo Jonathan Agnew. I know this, because I was listening. Is this not, I thought, rather an odd day for Governor King not to be at his desk? Sir Mervyn talked a lot about the Chance to Shine initiative which encourages school kids to play cricket. He has an interest in cricket and its organisation that goes way back, it would seem. It all sounded very encouraging for England cricket fans like me, provided we were able to set aside details like the world’s financial system going into melt-down. Sure enough, towards the end of their chat Aggers asked King about “events in Europe today”. Had he not done this it would have been even more surreal. King blocked all these queries with straight-batted cliches about how he and his various banking opposite numbers were in constant touch with each other, getting on top of the crisis, blah blah. If only. Geoff Boycott (scroll down here (17:23) for a report) had a go at King for bailing out failed banks. Boycott didn’t talk to King face to face, which I am sure they took very good care to prevent. But he did send a note, which Aggers read out:
King didn’t lose his cool, but he definitely sounded rather ambushed. Basically, his answer was: “When you are the BBC’s economic correspondent, I’ll answer your questions. I’m here to talk about cricket.” Was King doing that central banker thing of deliberately not cancelling irrelevant engagements, to give the impression of business as usual, no panic, steady as she goes and all that? If so, does he seriously think anyone will be fooled? Come to think of it, do you suppose that this is what the Emperor Nero himself thought he was doing, when he played on his instrument all those years ago? Fire? What fire? No no, just a little local difficulty. Soon blow over. Relax. Everything under control. Maybe Nero was just doing music so he could ignore awkward incoming phone calls. England are 127-2, this having been the somewhat disappointing (because cut short by rain) first day of a potentially very absorbing four match series. I’m watching the highlights now on the telly. India and England are, in that order, now to two top ranked test playing international cricket teams. If England can win this four match series by a margin of two matches or more, they will go top. England have a definite chance of doing that. As for the chance that Mervyn King and his various opposite numbers will manage to stop that financial crisis from getting any worse, well, that I wouldn’t rate quite so highly. July 21st, 2011 | 9 comments - (Comments are closed)
I imagine that even we hardened watchers of public affairs are getting a tad bored by the Murdoch/phone-hacking/police corruption affair, but an angle that is starting to gain some ground in the last few days or so is just how biased the BBC has been in its coverage. There is, of course, a website, Biased BBC, that tracks the failings of the BBC. As a state-licensed broadcaster in receipt of a licence fee collected on pain of imprisonment, the network has a status, and a presence in the media world, almost unlike any other. (I often have to explain to my American friends how the BBC is funded: they are frequently shocked when they find out). Stephen Glover at the Daily Mail has a particularly good item on just how biased the BBC’s coverage of the Murdoch business has been. And here is a good item by Charlie Cooke at the National Review’s “Corner” blog. When all is said and done, News International and its sister businesses do not send me a letter demanding that I pay for its services and products with a threat of fine or worse for non-payment. That fact needs to be pointed out more than it has been. The BBC needs to be broken up more urgently than any other media business. July 21st, 2011 | 11 comments - (Comments are closed)
There is an interesting discussion at the Cafe Hayek blog about how much it matters that Americans don’t currently save very much. Well, given that real interest rates (taking into account inflation) are negative, and that holding cash means real wealth declines, it is not surprising that real savings have been steadily eroded. The blog’s author is certainly right about this point, however:
Of course if I can nit-pick, I would make the point that when, say, Chinese investors bought oodles of US government bonds in the years leading up to the credit crunch of 2008, it helped drive US long-term interest rates even lower, hence encouraging even more US domestic consumer spending and borrowing, a process we know went horribly wrong. (The main culprit in all this was the Federal Reserve, not China, I should point out). Of course, if non-domestic savers are channeling those savings into investments that yield a positive future return, such as investments in technological innovations, new products and services, then that’s all to the good. If we were to move away from fiat money to a commodity-based monetary system and 100 per cent reserve banking for demand deposits, then a savings culture would be encouraged considerably. At present, persuading people to save is understandably hard because people, even if they are not hard-money zealots like me, smell that there is something rotten with our money. In some ways, I see parallels between the loss of faith in paper money and the declining credibility of the AGW crowd. I think it was Brian Micklethwait of this blog who said something along the lines that we have had junk science, and now junk money. There is only so much junk that human civilization can stand. July 21st, 2011 | 17 comments - (Comments are closed)
When people burned to death in the UK because first responders failed to do their job, I considered it the UK Socialist disease which we all know has progressed to a stage that is nearly terminal. I did not believe such a thing could happen in the US. I did not think we produced cowards of such grandious scale. But we do. First responders, both Police and Fireeman let a suicidal man drown because the water was too cold and they might have got a chill. Awww. Those poor little children. The got their pretend fire and police helmets for Christmas some years back and never realized that real first responders have to do very dangerous things and put their lives on the line to save people. Their job is to risk death that others might live. I hope the people of Alameda County fire all of them and hire some adults. I suspect there are quite a lot of military Vets who have the guts and determination to actually do the job. I wish we could kick them out of the USA. They are an embarrassment. July 21st, 2011 | 35 comments - (Comments are closed)
Even by his standards, Detlev Schlichter’s latest blog posting is quite a read. Quote:
Schlichter seems to me also to be rather worried about something else. What if, in the words of one of our recent commenters (on this), Lee Moore, “the roof falls in” before Schlichter’s book comes out? Given what Paper Money Collapse says, Schlichter will never be an entirely happy man until the world is back on the gold standard, but he won’t be at all a happy man until his book sees the light of day, on both sides of the Atlantic, given the current state of the world’s financial system. If all hell breaks loose before the book even goes on sale, he will merely look like he is analysing the catastrophe, but with the juicy details stripped out. But, if doomsday obliges by not happening quite yet, he will, when doomsday does come, be a prophet of doom proved right. Far better. Given that timing with books, especially books about soon-to-be-current affairs, can be so important, I am puzzled as to why Schlichter’s book is due out on August 31 2011 here in the UK, but not until October 4th 2011 in the USA. Its American publisher confirms this date discrepancy, although they only talk about August and October (I did the comparison by using this page). Can anyone talk me through this? I know nothing of what the rules are for publishing books on both sides of the Atlantic at nearly but not exactly the same time. Maybe this kind of gap is routine. Maybe, for instance, they figure that what with Schlichter being based in London, London should get to read it first, because maybe London will be particularly friendly. Or, maybe it’s something to do with local book the markets. More specifically, can any Samizdata reader advise me about what exact date it would make sense for me (given that I am already reading an advance pdf of it) to publish my review of this book? I have already emailed the publishers about this, but they were rather vague. I said “early September” and they said fine. But exactly when would make the most sense? If, now that I have gone public with this question, they want to tell me a more precise date, that would be most helpful. July 21st, 2011 | 5 comments - (Comments are closed)
I’m so insulted when people say that lawmaking is like sausage making. – Stanley A. Feder, President of Simply Sausage, quoted by the New York Times, requoted here. And now here. July 20th, 2011 | 2 comments - (Comments are closed)
Rob Fisher, fellow Transport Blogger and a favourite blogger of mine generally, has a posting up at his personal blog about the coming-real-soon-now Asus Padfone. Instead of each of us having a phone and a computer with a screen, this gizmo will combine the two. When you want a phone, you use the phone. When you want a computer, you shove the phone into the screen. The central point being that phones are now big enough and serious computers are now small enough, for a phone to contain a serious computer.
Well, I don’t know about that “only needed for high end games and serious number crunching” bit, but in principle this has to be right. Maybe not now, but any year now. Asus has form (as in good form) for spotting when something has got small enough to be seriously different. A while back, they lead the world into genuinely portable and genuinely cheap computers, with the Asus Eee PC. I got one. At first I liked it, but eventually I got fed up with its geek-friendly but human-hostile operating system and with its just-too-small keyboard, so I sold it on to a geek child, and got a proper netbook with a proper operating system that I was able to work properly (not least because it was identical to the one on my big old home computer). Even so, despite my eventual disappointment with this Asus offering, I always liked and still like what it was trying to do. This Asus Padfone immediately started ringing the same bells in my head. It looks like this Padfone, or something very similar, could be the natural successor to that netbook of mine, and to my regular phone, and to my ridiculously antique mobile phone, and to my Filofax, and even, in the fullness of time, to my big old home computer. Microsoft look out. Google really is taking over the world. Asus also understands that low prices cause a lot more people to become interested in whatever it is. If this thing is as cheap as I hope it is, that will hurry things along, just like the ultra-cheap Eee PC did. I will probably be holding off this time, waiting for others to respond with their versions of the same thing, and even then it may not really suit me. However, next time I meet Rob I will definitely be cross-examining him about this latest triumph of consumer capitalism. Despite all the financial chaos, they just keep on coming, don’t they? Why can’t schools, hospitals and, above all, banks be like this, getting more effective and cheaper and just all-round nicer with every year that goes by? Well, we know why. The rules for making these latter things should be a lot like the rules for making Padfones: make a Padfone if you want to and sell it to whoever will pay you what you ask. If you go bust, that’s your problem. The rules for schools and hospitals and, above all, banks are instead sadly different. There are several other recent postings up at Rob’s Blog, and I recommend all readers here to have a scroll down there, if they haven’t already done this recently. July 19th, 2011 | 26 comments - (Comments are closed)
When I first began to read that David Cameron could soon be toppled by all this News of the World stuff, I was amazed, just as I was amazed when I first heard about the News of the World itself being shut. I still don’t know how badly Cameron is threatened, but if he is threatened, he has only himself to blame. Cameron got the job of leading the Conservatives because enough of them thought that he would make a satisfactory Blair the Second, to replace the original. The question was, remember, during the Blair years: How shall we spend all this money? The answer was: nicely. Blair is the answer to the question: What sort of chap do you want your daughter marrying? A nice one, that’s what sort. But well before Cameron became (only just) the Prime Minister, the questions had all changed, from being about niceness to being about what the hell was happening and what the hell should be done about it. Yet Cameron exudes no sense of crisis. On the contrary, he makes a point of not doing so, of suggesting that all will be well provided we don’t panic and just carry on carrying on, when in reality the situation is very troubling and getting worse and worse by the day. It’s as if Stanley Baldwin was still the Prime Minister in 1939. I have a friend whose take on Britain’s political party leaders has been an infallible guide to their success or failure, during the last two decades or so. Blair? Nice one. Major? No. Hague? Thumbs down. The next bald Conservative chap, ditto. The next Conservative bloke – Howard was it? – ditto again. Brown? A definite thumbs down. But Cameron? I remember particularly asking her about Cameron. What do you make of him? Shrug. → Continue reading: Is Britain about to shrug off David Cameron? July 19th, 2011 | 15 comments - (Comments are closed)
Given the prominent – and arguably, admirable – role that the Guardian newspaper has played in exposing some of the naughty, even allegedly criminal behaviours of certain Murdoch journalists in recent years, it is perhaps worth noting that the Guardian itself was not above obtaining sources of information that were obtained by breaking a few laws. Consider this article in Vanity Fair about the awkward, but also perhaps beneficial, relationship that developed between the Guardian and Julian Assange, the founder of WikiLeaks. Remember, as the Samizdata comment thread regular “Llamas” pointed out the other day, that the sort of people who are condemning Murdoch journalists, and rightly so, are the sort who thought what a great thing it was that so much confidential information had been splashed all over the media due to WikiLeaks and its media users. There are some double standards going on around here. And let’s not forget that governments, including such supposedly law abiding ones such as Germany, are not above using taxpayers’ money to obtain stolen information about private individuals’ bank accounts; or that governments have, allegedly, used harsh interrogation techniques (ie, torture) to obtain information, or snooped on private communications without a judge’s warrant, etc, etc. Now, such governments may argue, perhaps rightly, that they are acting in the public interest, and that News of the World hacks chasing after celebrity tittle-tattle are not. But who gets to decide here? And here’s another thing: with police officers in the UK being accused of flogging valuable information on persons to journalists, it surely reminds us how dangerous it is to have created the Database State. By aggregating vast amounts of data in the way they do, the governments of Britain and other countries create an enormous temptation for bent public officials to sell that data. It’s going to happen, human nature being what it is. This is an angle that I hope pressure groups such as No2ID take up in the months ahead. We cannot trust governments, including liberal democratic ones, with our private information. That is a meme that deserves to gain traction from the Murdoch scandal, however it eventually plays out. July 19th, 2011 | 7 comments - (Comments are closed)
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