Archive for February, 2007

A Sign of Prescience? China, Japan and the market meltdown

Yesterday I posted about my long term concerns with China at our site, and in the comments at QandO I pointed out concerns with risk premiums and leverage:

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Hypocrisy Watch at The Conjecturer

I am just going to steal the whole post, because both bits of hypocrisy amuse me.
George Soros, self-appointed arch nemesis of George W. Bush and all the things the President loves, has purchased a major stake in Halliburton, of all companies. How long until MoveOn.org starts to receive money gained by Halliburton’s illicit billions?

The […]

Ghettoizing the gay rights movement

Matt at Malcontent got a letter from the Human Rights Campaign (a GLBT advocacy group):
We have been a bipartisan organization for all 24 years of our existence, and have never sought to hide that. We talk about being bipartisan, and our support for Republicans is in all of our relevant literature, because we believe that […]

Crumbling under the weight of reality-updatedx2

I am of the opinion that many Democrats don’t believe their own rhetoric about the war in Iraq. Not that the invasion was a bad idea necessarily, but that withdrawing or sitting passively by while Iran and Syria are treated with kid gloves. Well, Carl Levin’s rhetoric has been changing as the option of actually […]

Employee Free Choice Act

As McQ discusses at length this is an Orwellian moniker for an Orwellian bill:
It would allow unions to organize workplaces without workers voting for unionization in elections with secret ballots. Instead, unions could use the “card check” system: Once a majority of a company’s employees signs a card expressing consent, the union is automatically certified […]

Iraqis Take Step Towards Sharing the Oil Wealth

Well, now that the Sunnis have their own oil to claim, it looks like the Iraqi parliament is willing to share the wealth.
The Iraqi cabinet approved a draft of a law today that would set guidelines for countrywide distribution of oil revenues and foreign investment in the immense oil industry.
The endorsement marked a major agreement […]

It Is Now Time To Praise Famous Men

Just not Al Gore, I have already done that, so let us make fun of him instead. For the title to work however I need to praise somebody, but who? Who would be the most appropriate person in the universe to praise as a counterpoint to Gore? Who in the world would Al Gore most […]

McQ picks up the baton and fisks Greenwald so I don’t have to!

Even better, Mona appears in the comments. High entertainment. I suggest seeing what she will say next.

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Serbia and The ICJ- Updated

The International Court of Justice has ruled that the Serbian state is not responsible for genocide:

But the International Court of Justice did rule that Belgrade had violated international law by failing to prevent the 1995 massacre at Srebrenica.
Bosnia brought the case and would have sought billions of dollars from Serbia in compensation if successful.

The […]

I Still Enjoy Shaq

Even though he kept my beloved Mavericks from taking home the hardware last year. I loved him at LSU (and imagine if Chris Jackson had stuck around and Stanley Roberts had decided to stay in school for Shaq’s sophomore year) and that trumps any Mavericks loyalty. In addition, from Eric Umansky we get this:

Shaq!

Shaquille O’Neal, […]

Back to Iraq

Over at Michael J. Totten’s place is a lot of discussion of Iraq, to which he is returning, that is worth reading. I missed this from 60 minutes and I thank Michael for pointing it out:
If I could distill everything I heard, saw, and learned in the Kurdistan region of Iraq into a 12-minute video, […]

On Healthcare

Ezekiel Emmanuel and Victor Fuchs put forward a plan for healthcare vouchers. Excited? Don’t be, the Economist discusses why this really will not work.
Technorati Tags: healthcare, vouchers
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TheTsunami Affect

If I am not a radical skeptic of the science underlying the current hysteria over Global Warming, I am a radical skeptic of those pushing for certain policies based on it. Why? Well for one, they generally have no idea what they are talking about, including that they all are not shaking their heads over […]

A Matter of Faith and Hope - II

Well, it looks like Senator Lieberman is reading my blog, or at least, that I wasn’t totally off-base in my post from last week.
I understand the frustration, anger and exhaustion so many Americans feel about Iraq, the desire to throw up our hands and simply say, “Enough.” And I am painfully aware of the enormous […]

China’s challenges and the economic lessons of Japan

I have long felt that the current China vs. US trade relationship is more of a boon to the US than China, and to a large extent it is because I think China is treading in some dangerous waters by hitching itself to a mercantilist exchange rate policy. In the meantime we get cheap imports […]

Ahmadinejad’s folly and the price of war-Update

The best argument against getting too worked up about the Iranian Regime is they are so pathetic. Of course watching old film reels of Hitler makes him look like a clown as well, so what does that prove? Still, this is just priceless. Then they top it off by using photo shopped pictures of American […]

Interesting case of syncretism

Although I haven’t yet had the opportunity to study this site in detail, I was quite interested in its basic premise : Islam and Libertarianism are not only quite compatible, but actually darn near separated at birth. That’s actually quite close to my thinking on these philosophies and I am thrilled that someone has […]

Good News for Floyd Landis

(H/T- Tom Maguire)
I’ll admit, I always found Landis not passing the drug test after his remarkable stage 17 win inexplicable. It never made any sense, but that didn’t mean it wasn’t true. So we now see he may have reason for complaint:
Tour de France champion Floyd Landis claims
more mistakes were made in his doping case, […]

Dennis Johnson RIP

I was a huge Celtics fan growing up, and really stayed one until I moved to Fort Worth where I became as addicted to the Mavericks as I once was to the Celtics. The great, and under appreciated, Dennis Johnson has now passed on. I still remember him from his first two years in the […]

Hillary has her own version of Project Pursestrings

If you didn’t pick this up from Instapundit, I suggest watching it. Chris Dodd, one of the men responsible for disappointing Jim Webb so dearly in 1975, is ready to do what it takes to end this war, and Hillary Clinton is not only ready to force a redeployment, she is advocating cutting funding for […]

The Bank of England hearts Adam Smith

Thanks once again to Marginal Revolution and Alex Tabarrok:
In March, the Bank of England will issue a new 20 pound note featuring Adam Smith and the pin factory.

Technorati Tags: currency, Adam Smith, Bank of England
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Re: Klapokistan Hypothetical

Dale Franks proposed an interesting hypothical as a thought experiment involving the fictional countries of Klapokistan, Cyclonia and the fictional U.S. President, John Doe. I won’t reproduce the hypo, you can read it at QandO, but I will attempt an answer here.

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We’re from the government, we’re here to help

Politicians!!! When they’re not trying to fix a problem, they’re probably creating one.
http://www.poorandstupid.com/2007_02_18_chronArchive.asp#6158087624517541567
Democrats have effectively seized on this outrage as more than 30 million Americans will be forced into the AMT by 2010. Yet, late last week I got my hands on data by the Joint Committee on Taxation (JCT) from April 2006 which […]

We Should All Work for the Government

And we wonder why taxes are to high…
http://www.poorandstupid.com/2007_02_18_chronArchive.asp#1206737332326810715
A typical full-time state or local government worker made $78,853 in wages and benefits in the third quarter of 2006, $25,771 more than a typical private-sector worker, the Bureau of Labor Statistics reports. The difference was $7,604 in 2000. The compensation advantage holds true for all types of […]

Rovian Conspiracy du jour

OK, I haven’t read this anywhere yet, and I’ve got better things to do than go look, but I would place an even bet that someone, somewhere has already suggested it…
Ann Nichole-Smith was murdered by Karl Rove to take attention away from the Scooter Libby trial, and/or Iraq…
Is it just me, or does anyone else […]

Encouraging Signs in Iraq - UPDATED

Austin Bay sees some encouraging signs in the latest offensive, while the (mostly) Democrats try to pull the rug out from under the effort.
The relentless, focused targeting of Shia and Sunni extremist organizations is a far more important feature of what Iraqis are calling “the new security plan” than more U.S. troops. The coalition’s effort […]

We won’t get fooled again!- Updated

Uh, yes we will. Every election the corruption and brass knuckle partisanship of the majority party is decried, and the minority party is portrayed as so much more honorable and principled. Until the new guys take control and things go on as usual.
So far the Democrats have fought and resisted every attempt at reform, trying […]

The other side of the Vietnam story, implications for Iraq and the strange metamorphosis of Jim Webb

It is a common trope for people to deride the campaign in Iraq as another Vietnam. This seems a bit ridiculous to me, but in some senses it does fit.
One way it does comes from the constant complaints about the “right wing” blaming the media and war protesters and opponents for our difficulty in Iraq. […]

Shelia Jackson Lee Seeks To Arm Our Enemy

I wonder what “pas d’ennemi a gauche” sounds like with a Texas drawal? Here’s what it looks like in congressional speak:
A U.S. congresswoman called on the Bush administration Wednesday to reconsider its ban on selling parts for U.S.-made F-16 fighter jets to Venezuela, urging improved ties between the two nations.
U.S. Rep. Sheila Jackson Lee, […]

Sunni Oil

This is good news:
Huge petroleum deposits have long been known in Iraq’s Kurdish north and Shiite south. But now, Iraq has substantially increased its estimates of the amount of oil and natural gas in deposits on Sunni lands after quietly paying foreign oil companies tens of millions of dollars over the past two years to […]

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