Capitalism is cleaner
Of the Dirty Thirty, not one western industrial economy even makes the list.
Capitalism pollutes the environment, you say? What nonsense. Time to check your premises.
UPDATE: Oops, forgot to give you the link. Fixed now.
. . . promoting capitalist acts between consenting adults.
That is his argument against the Fed, whether he realizes it or not. No central banker, no matter how good, can possibly hold in his mind all relevant information to centrally manage the money supply and credit of an economy. Such is the fallacy of central planning. It doesn't work in banking, just as it has never worked in any other area of an economy. The collapse of Communism is proof of that... Greenspan is smart, but no single man or woman is smart enough to be a central planner.So tell me again why we need a central bank? Remember if you will that it was all those sharp-eyed central bankers who delivered the Great Depression of the thirties, as current Fed chairman Ben Berbanke conceded a few years back.
Mark this well. Central banks are the source of both inflation and business cycles. Tragically, many people seem to believe that both inflation and boom-bust cycles are somehow an intrinsic part of a market economy. They thus turn to the central bank to solve the problems that the central bank itself created. I might add that the very existence of a central bank introduces into all markets pervasive “regulatory risk” that would not otherwise exist. That is, market participants expend real resources in an attempt to forecast---and then cope with---the manipulations of money, credit, prices, and interest rates undertaken by the central bank. It all sounds frighteningly familiar.That's the long-term solution then: Remove the Reserve Bank's monopoly powers, let the market set interest rates, and cut the govt's apron strings from the currency.
In early 2007 Ramadi, the capital of Iraq’s Anbar Province, was one of the most violent war-torn cities on Earth. By late spring it was the safest major city in Iraq outside Kurdistan... Combat operations are finished in Ramadi. The American military now acts as a peacekeeping force to protect the city from those who recently lost it and wish to return... “Al Qaeda lost their capital,” Major Lee Peters said, “and the one city that was called the worst in the world. It was their Stalingrad...Says Totten:
“All the tribes agreed to fight al Qaeda until the last child in Anbar,” the Sheikh’s brother Ahmed told a Reuters reporter. Whether Anbar Province is freshly christened pro-American ground or whether the newly founded Iraqi-American alliance is merely temporary and tactical is hard to say. Whatever the case, the region is no longer a breeding ground for violent anti-American and anti-Iraqi forces...
Violence has declined so sharply in Ramadi that few journalists bother to visit these days. It’s “boring,” most say, and it’s hard to get a story out there – especially for daily news reporters who need fresh scoops every day" ...
I was greeted by friendly Iraqis in the streets of Baghdad every day, but the atmosphere in Ramadi was different. I am not exaggerating in the least when I describe their attitude toward Americans as euphoric. Grown Iraqi men hugged American Soldiers and Marines..."Anbar Awakens: Hell is Over," says Totten. [Hat tip Lindsay Perigo]
“Old school methods defeat insurgencies,” Captain McGee said, “not brute force or technology. The key is to kill existing terrorists and prevent additional recruitment. Al Qaeda must have a safe haven or they will barely be able to operate.”
That doesn’t mean they can’t operate at all, but it does mean they can’t control territory, work out in the open, or oppress others from above. They are hunted now and must spend an enormous amount of energy avoiding detection instead of stirring up trouble. The former would-be “liberators” [of Al Qaeda] have become hated fiends who lurk in the shadows and lash out in rage at the society that has rejected them. Victory for them, in this place, is all but impossible now.
“Having the Arabic press note that AQI [Al Qaeda in Iraq] is rejected by Sunni Arab Iraqis is better than any message we could ever put out,” Major Lee Peters said.
"Whatever the situation when we went in, international terrorists have chosen to make this the place for a showdown battle. We can win or lose that battle but we cannot unilaterally end the war.And Gus van Horn points out some things even Sowell has missed.
It is the terrorists’ war, regardless of where it is fought."
It was a matter of recognising the obvious, really," National's John Key told journalists. "National has long accepted that the Welfare State is ingrained in the Kiwi psyche; Labour has learned that it cannot strangle the goose that lays golden eggs; we both believe in squeezing hard...Head to Lance's press release to see the new name. It's obvious really.
Clark said, "We're especially thrilled that the new party's name so accurately captures the essence of the old parties."
"You have heard it said that this is an age of moral crisis... Through centuries of scourges and disasters, brought about by your code of morality, you have cried that your code had been broken, that the scourges were punishment for breaking it, that men were too weak and too selfish...Discover morality? What could that mean? The answer is here in this short article on 'Galt's morality' in New Statesman: Objectivism. A philosophy for living? - the first of a four part series by Onkar Ghate.
Yes, this is an age of moral crisis. Yes, you are bearing punishment for your evil. But it is not man who is now on trial and it is not human nature that will take the blame. It is your moral code that's through, this time. Your moral code has reached its climax, the blind alley at the end of its course. And if you wish to go on living, what you now need is not to return to morality–you who have never known any–but to discover it."
After his first audition, Sidney Poitier was told by the casting director, "Why don't you stop wasting people’s time and go out and become a dishwasher or something?" It was at that moment, recalls Poitier, that he decided to devote his life to acting.I like the attitude. [Another Great Moment in Never Giving Up from the Lifehacks Blog. Hat tip Gus Van Horn.]
Suddenly the debate is all about emissions of carbon dioxide and other greenhouse gases, and not about whether or not dangerous man-made warming is happening, or likely to happen in New Zealand or anywhere else.I think the answer, as if we didn't know, is 'politics.'
Temperature records for New Zealand and for the world show that there has been no warming in this country since the El Nino peak of 1998, in spite of continuing rises in atmospheric carbon dioxide. The New Zealand experience is conclusive: in this country, the increase in atmospheric carbon dioxide is not causing warming.
That being so, why is the country being saddled with disruption of our economy and increased costs for energy and fuel?
To publicly condemn terrorism and renounce terrorist activities, by publicly showing that he has given to the Security Intelligence Service a full and frank disclosure of all terrorist groups he has been involved with, including people, funding, locations and plans, says SOLO spokesman Sandra Ashworth. "Any declaration from Ahmed Zaoui must be made with direct reference that he has not used the Islamic deception of Taqiyya, a precedent which enables Muslims to deceive for the betterment of Islam. The SIS will be able to confirm that he has cooperated fully and completely.Sounds simple. Who could possibly object?
"Only then can Ahmed Zaoui be rightly called a refugee and entitled to protection here in New Zealand, where any Kiwi should be proud to protect and defend someone who fights terrorism.
When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.Isn't that the point in a nutshell? Restrict the range of areas in which legislators can meddle, and you immediately lessen the interest in buying political power.
It seems only yesterday that Brian Tamaki, then but a lowly Pastor, was promising that his party would be ruling New Zealand within a few years.If the library of His Grace the Bishop of Mt Wellington contains anything other than colouring-in books, then one might speculate that he's been studying his Tertullian in preparation for this 'launch.' “I believe it because it is absurd,” theologian Tertullian was supposed to have said. "It is certain because it is impossible." One can hear the "Amen"s all the way from South Auckland.
1. And it came to pass that he was utterly wrong...
3. So Brian went forth and spoke with men of many flavours of Christianity, even with Anglicans. They spoke of forming a new party. And, although the Christians were followers of a man who, it is written, was born out of wedlock (and just out of Bethlehem) and whose earthly father was cuckolded by his real father, who was also Himself and some other guy called the Holy Ghost, and whose mother was conceived in Heaven, the party would be based on Family Values...
So we have a new Party, its Co-Leaders being one, Gordon Copeland, who clearly thinks the other, Richard Lewis, is an idiot. He is, of course, right...
It all makes about as much sense as the Trinity.
In the interview, he clarified that sentence in his 531-page book, saying that while securing global oil supplies was "not the administration's motive," he had presented the White House with the case for why removing Hussein was important for the global economy.As Bill Visconti points out at SOLO, if Greenspan's motive was to protect the oil supplies of the world, it's a pity that in all his eighteen years as chairmen of the Fed he didn't once attack the environmental and taxation restrictions on American oil production. Given that, as George Reisman points out, "Middle Eastern terrorism rests on a foundation of financial support in the form of revenues derived from the sale of oil by the members of the OPEC cartel," then if he hadn't gone to Washington and "gone native," then freeing up domestic production should have been a serious security issue about which Greenspan might have been expected to raise some concerns. As Reisman explains, the issue is central to the security issue, and one about which some environmentalists might want to do some hard thinking:
"I was not saying that that's the administration's motive," Greenspan said in an interview Saturday, "I'm just saying that if somebody asked me, 'Are we fortunate in taking out Saddam?' I would say it was essential."
He said that in his discussions with President Bush and Vice President Cheney, "I have never heard them basically say, 'We've got to protect the oil supplies of the world,' but that would have been my motive." Greenspan said that he made his economic argument to White House officials and that one lower-level official, whom he declined to identify, told him, "Well, unfortunately, we can't talk about oil." Asked if he had made his point to Cheney specifically, Greenspan said yes, then added, "I talked to everybody about that."
Greenspan said he had backed Hussein's ouster, either through war or covert action. "I wasn't arguing for war per se," he said. But "to take [Hussein] out, in my judgment, it was something important for the West to do and essential, but I never saw Plan B" -- an alternative to war.
Every barrel of oil that the environmentalists have succeeded in getting the U.S. government not to allow to be produced, every ton of coal that they have prevented from being mined, every atomic power plant whose construction they have stopped, has served to make oil scarcer and more expensive and subsequently to enrich OPEC and increase the funds available for the support of terrorism...UPDATE: Greenspan talks to 60 Minutes about his life story, and about the importance of taking out Saddam. [Hat tip Julian D.]
Today, after thousands of needless deaths and major destruction of property of symbolic as well as economic value, the supporters of environmentalism are among those who must make a choice. Which do they value more: indulging their exaggerated fear of oil spills on beaches and their boundless desire for nature untouched by man, or the lives and property of innocent victims of terrorism and, as now seems likely, the lives of hundreds and possibly thousands of young servicemen and women and the potentially enormous economic costs of a war?
True enough, decades of policies serving to enrich the supporters of terrorism have made it impossible for a policy of freedom for energy production in the United States all by itself to now strip the terrorists of financial support. But it would certainly very substantially help in reducing such support. And it would show up in lives and property saved. The environmentalists must choose.
So despite her glowing credentials, McAdam is either offering evidence for why her family name is derived from a utilitarian roading material, or she's lying to deceive -- as US Congressman Dan Rohrabacher describes her ilk,
Jane McAdam - senior lecturer and director of international law at the University of New South Wales, director of the Climate Changes ‘Refugees’ and International Law Project, associate rapporteur of the Convention Refugee Status and Subsidiary Protection Working Party for the International Association of Refugee Law Judges, member of the Executive Committee of the International Law Association (Australian Branch), author of Complementary Protection in International Refugee Law (Oxford University Press, Oxford 2007), former general editor of the Oxford University Commonwealth Law Journal and a former member of the editorial board of the Sydney Law Review – is also a climate clown. [Says McAdam] :On Christmas Eve last year, the first inhabited island disappeared underwater as a result of global warming. The residents of Lohachara island in the Bay of Bengal had already fled to a nearby island …
Wrong. 'The Independent' reported on Christmas Eve that global warming had claimed Lohachara (in a piece apparently removed from the paper’s archives), but omitted any actual submersion date. That’s because the island went under some 20 years ago, for reasons apparently not related to warming [probably because the Indian Tectonic Plate is pushing up against the Eurasian Plate, causing the Bay of Bengal to slowly sink].
part of a movement that feels they have a right to lie and they have a right to frighten people, because they have a higher calling; their higher calling is to save the environment."Place your bets on which one it is.
The term Usonia was often invoked by Frank Lloyd Wright to describe his vision for the American landscape. A 1958 drawing by Wright, entitled "The Living City", gave the world an enticing glimpse of this vision. As an alternative to America's urban ills, Wright proposed a balanced synthesis of architecture and landscape that would stretch from coast to coast. Now, forty years after the death of Frank Lloyd Wright, you are invited to explore USONIA. This short computer animation presents the new landscape in an engaging three-dimensional format. Travel among the 'taxi-copters' and 'road-machines' as your journey highlights several of Wright's unrealized projects, including the Rogers Lacy Hotel, Pittsburgh Civic Center, and the Point Park Bridge. The animation concludes with an ascent to the top of 'The Illinois', Wright's eminent design for a Mile High Skyscraper.
Microsoft is being attacked for its success: in reality it has no monopoly power just brilliant management.... Microsoft is today's prime example of what Ayn Rand called 'America's Persecuted Minority.' Like an increasing number of big businesses, Microsoft is being punished for being successful, for making products that people want to purchase.Microsoft has no monopoly power? It's true. Microsoft has no political power to force to consumers to buy its products, only the economic power to offer them products worth buying. In fact, as George Reisman explains, it is Microsoft's competitors who are after the monopoly:
So the Europeans fantasise that "consumers are suffering at the hands of Microsoft." Mark Hubbard looks at the European decision and confesses to "a fantasy" of his own, a "daydream, that Bill Gates will hold a press conference and announce the demise of Microsoft forthwith: no new products, no support for existing ones, they are simply going to disappear: and then see what the world looks like."
What underlies such an incredible outcome is the utterly mistaken belief that overwhelming competitive success, to the point that one man or one company dominates an entire industry, constitutes monopoly. This, of course, is the kind of success that Gates and Microsoft have enjoyed.
The fact is that such an outcome of free competition is not monopoly. But it is monopoly when those capable of bringing about such an outcome are forcibly excluded from an industry, or any part of an industry. The accompanying forcible reservation of an industry or part of an industry even to a mass of less capable producers is the real monopoly, as much as if the industry had been forcibly reserved to the possession of one man or one company. The essential element in monopoly is forcible exclusion and forcible reservation, not the number of producers.
Leaked draft documents reveal the extent to which Labour plans to campaign on the public purse. This campaign includes a script for call-takers at an 0800 phone line who will sing the praises of Labour's health policies.It's hard to overstate how disgustingly cynical this is, more cynical even than introducing retrospective 'Get Out of Jail Free' legislation last year to head off Bernard Darnton's legal action over the pledge card outrage.
the Bill will infringe certain human rights - most obviously freedom of expression but also the right of all citizens to participate in the election process. ...It is difficult to conceive of a greater limitation on freedom of speech than this.You didn't think the HRC had the balls, did you.
The performance of 15-19 year-old drivers has improved significantly. Twenty years ago they accounted for 16.9 percent of accidents involving fatalities. Last year they made up 11.7 percent. An even bigger drop applies to 20-24 year-olds from 22.2 to 11.9% percent. Perhaps some attention should be paid to older age groups.So despite the headlines, the driving of teenagers is actually getting better -- a disturbing sign for those who look for a bit of spirit in the next generation.
her car was in a head-on accident in December 2000 and was written off. The driver of the other car was in intensive care for six days.So perhaps the minister should be looking closer to both home and House before casting stones further afield at young drivers who (unlike King's family and parliamentary colleagues) are becoming increasingly responsible.
A disciple of Frank Lloyd Wright, architect Don Erickson's 55-year career featured houses and buildings that were delicate, beautiful and always original.More on Erickson and his design philosophy at this post showing three houses by the man in his prime.
"Every building is a unique piece of art," said his wife, Patricia, citing a building she and her husband called the Bird Cage apartments near Ridge and Pratt Boulevards on the Far North Side of Chicago. "[The building] inspired me to become an architect," said Mettawa architect Thomas Heinz [who is writing a biography of his mentor]. He said Mr. Erickson's design incorporates thin vertical black metal elements reminiscent of bird cage wires against a creamy rough stone structure. Perhaps Mr. Erickson's best-known design is Indian Lakes Resort in Bloomingdale, completed in the 1980s.
Amazon.com Sales Rank: #29 in Books (See Bestsellers in Books)
Also, the hardcover of Atlas moved up strongly:
Amazon.com Sales Rank: #89 in Books
And here’s The Fountainhead:
Amazon.com Sales Rank: #167 in Books
Even today the paperback of Atlas is doing well and is at:
Amazon.com Sales Rank: #35 in Books (See Bestsellers in Books)
In the book, Greenspan wrote that Bush essentially left an unbridled GOP Congress to spend money however it saw fit, and by not vetoing a single bill in six years, the president deprived the nation of checks and balances. "The Republicans in Congress lost their way," Greenspan wrote. "They swapped principle for power. They ended up with neither. They deserved to lose."Are you listening David Cameron? Are you listening John Key? Do you listen 'Key Wees'? Greenspan's lesson is this: In swapping principle for power, you end up with neither.
Asks Thompson in the introduction to his analysis of the Decline and Fall of American Conservatism, "What happened to the idea of limited-government conservatism? Have the conservatives been corrupted by power, or is there something in their basic philosophy that has led them to embrace big government?"
"Government spending increased faster under George Bush and his Republican Congress than it did under Bill Clinton.." "More people work for the federal government today than at any time since the end of the Cold War..." "If post 9/11 defense spending is taken off the table, domestic spending has ballooned by 23 percent since Bush took office..." "...despite President Bush’s much vaunted tax cuts, Americans actually pay more in taxes today than they did during Bill Clinton’s last year in office..."