Wednesday, April 01, 2009
- "Juliana," by Lionel Belasco -- Wikipedia describes the song as a Jazz-influenced waltz and the artist as "best-known for his calypso recordings." (HT: Dismuke)
- Obamanomics vs. GM & Chrysler and The Proper Role of Government -- Harry Binswanger rightfully calls Yaron Brook "indefatigable" when he brings up the video. Brook is also becoming, thanks to current events and the free market of ideas, unavoidable: He is all over the place in the major media these days! Brook made an appearance at Rice University yesterday evening to discuss the financial crisis and the moral foundations of capitalism. Of course, I was there.
- Artistic Fun with Sheep -- This is the diametric opposite of cat-herding! (HT: Dithyramb)
NY 20 Update
The GOP, by failing to offer a real alternative to the voters in upstate New York, achieved a well-deserved and familiar-sounding result in yesterday's special congressional election.
Democrat Scott Murphy led Republican Jim Tedisco by a scant 65 votes out of more than 154,000 cast Tuesday.Memo to the GOP: So long as you and the Democrats are two sides of the same debased coin, every election will be a toss-up.
After the count of machine votes in 610 voting precincts spread over the mostly rural, 10-county district, the unofficial count was 77,344 for Murphy to 77,279 for Tedisco. That puts the focus on the more than 10,000 absentee ballots mailed to voters who are registered in the district but were unable to vote in person on Tuesday.[links dropped]
I always enjoy it when Amit Ghate posts photos of his orchids. Today, it's Cymbidium.
I Have Rights, But You Don't
Brian Phillips comments on a story I saw Sunday, I believe, in the Houston Chronicle.
The neighborhoods of Center City, Southampton, and Boulevard Oaks are supporting legislation that will remove the ability of the Medical Center to use eminent domain to seize property. The Medical Center has possessed this power for fifty years, and in recent years has used it to condemn numerous houses and thereby violate the property rights of the owners of those homes. Home owners in the area fear that they could be next.Yes. The same idiots who have been on a full-court press against property rights in Houston for over a year have suddenly started paying lip-service to property rights.
For more than a year, two of these neighborhoods -- Southampton and Boulevard Oaks -- have fought to stop Buckhead Development from constructing the Ashby High Rise. The neighborhoods have enlisted the help of City Hall to delay the project, and thereby have violated the property rights of the developers.
I wish these were April Fool's Day jokes!
Yesterday, I told C. August that I have found blogging somewhat more difficult since Obama took office just because of the sheer volume of things he's doing wrong. Here are just three from the headlines today:
Obama accepts invitations to visit China, Russia
The two countries also agreed to form a U.S.-China Strategic and Economic Dialogue. The White House says Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner would represent the United States during those talks.God help us! Without even existing, He'd do better than these clowns.
Financial Rescue Nears GDP as Pledges Top $12.8 Trillion
The U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion, an amount that approaches the value of everything produced in the country last year, to stem the longest recession since the 1930s.Does this sound familiar?
New pledges from the Fed, the Treasury Department and the Federal Deposit Insurance Corp. include $1 trillion for the Public-Private Investment Program, designed to help investors buy distressed loans and other assets from U.S. banks. The money works out to $42,105 for every man, woman and child in the U.S. and 14 times the $899.8 billion of currency in circulation. The nation's gross domestic product was $14.2 trillion in 2008. [bold added, links dropped]
Senate Legislation Would Federalize Cybersecurity
Addressing what intelligence officials describe as a gaping vulnerability, the legislation also calls for the appointment of a White House cybersecurity "czar" with unprecedented authority to shut down computer networks, including private ones, if a cyberattack is underway, the officials said. [bold added]I saved the worst for last. Who needs the "Fairness" Doctrine when the government can just shut down any computer network it wants in the name of "security?"
Back to the Economy
Interestingly enough, as I linked to Titanic Deck Chairs, I noticed that the newest post brings up one of the points I saw Yaron Brook elaborate upon last night, namely the "Broken Window Fallacy."
The federal "stimulus" -- which not only breaks every window made in America last year, but every thing, tangible or not (see "Financial Rescue" above) -- is a massive, government-enforced application of this elementary economic mistake. Because the government is an agent of coercive force, we are all being forced to learn on our own hides what Obama refuses to see.
And so far, the GOP has shown no indication that it will offer us anything different.