Monday, February 6, 2012

F. Fukuyama: Our World is Devoid of Monstrous Projects of Social Transformation

The Big Lie, softly told.

In The New York Times, here:

"The undergraduate students I teach . . . are fortunate not to live in a world where ideas could be translated into monstrous projects for the transformation of society, and where being an intellectual could often mean complicity in enormous crimes."

He's never heard of Barack Obama, I guess, nor the enormous crime of abortion in which all our intellectuals are complicit, nor the compulsion of ObamaCare, targeted drone killings, the TSA's war on the fourth amendment, the illegal war in Libya, TARP and the fascist bank bailouts, the zero interest rate policy war against elderly savers, the war on carbon, the war on the rich and the middle class, gays in the military . . ..

Obama's Attack on Roman Catholicism Evokes Charges of Tyranny, Fascism, Totalitarianism

From one Mark Judge, here:

The New Comstockery is a metastasizing liberal cancer not just of intolerance, but of hatred for those who disagree. ...

The New Comstockery is fascist. ...

[L]iberal tyranny ... has become evident recently in both the Obama administration[']s violation of the First Amendment in forcing Catholic institutions to sell birth control, and the reaction to the Susan Komen Foundation's attempt to cut off funding to Planned Parenthood. ...

[S]omething ... in our time has become a terrible reality: the totalitarian impulse of liberalism, particularly when it comes to sexual matters.

Pace Mark Judge, the consequences of the relaxation of morals in the West produced a horrific 20th century on both sides of the Atlantic. It makes no difference that the tens of millions killed here in America have been faceless. Their blood cries out no less than the millions of Stalin's and Hitler's victims.

Nor has the impulse to liberal tyranny been only just recently evident.

It was evident to many of us much earlier, especially in ObamaCare in 2010 and in the fascist bailouts of 2009, which gave rise to the Tea Party. George Bush's liberalism which ended with TARP at home was just the kinder, gentler Republican version of it, trampling out the vintage for the most part in foreign fields.

But Obama has brought the grapes of wrath back home.

Few have been the voices decrying the expansion of the national security state in 2011. The Department of Homeland Security and the TSA have been hard at work implementing nationwide checkpoint programs, using scanners and military surveillance technology, particularly drones (unmanned aerial vehicles) to "patrol the borders," hunt down cattle rustlers and execute without trial (admittedly noxious) American citizens in foreign lands.

In 2012 the Republican House is actually cooperating by passing legislation which routinizes the domestic integration of UAVs under the control of the FAA. And Republicans think Mitt Romney is going to make a difference?

The revolution has been measured, taking off one obstacle at a time so as not to cause widespread alarm, but its objectives are indeed totalist.  Dismissing religious freedom now in 2012 almost comes as an afterthought, a mere by-product of ObamaCare.

The spider weaves its web, and soon we will all be caught it in, if we aren't already.

It's good that Mark Judge is finally paying attention.

Is anyone else?


"There is no contradiction between economic Liberalism and Socialism."

                               -- Oswald Spengler, 1933 

Sunday, February 5, 2012

Women Are The Ruin Of Many Tyrants

The Tax Man Stands In The Way Of The Deleveraging Crisis

Household net worth in Q3 2011 has fallen to $57.4 trillion, and relative to GDP this is still well above historical peaks in the post-war period in the 20th century.

If total household net worth relative to GDP fell to the post-war historical peak before the recent silliness, at present levels of GDP this implies a further pull-back in total household net worth of roughly 7 percent, or $4 trillion, to $53.4 trillion.




It is interesting to note that mortgage debt relative to current GDP also as shown here should correct down about 33 percent to match the post-war historical peak of that metric. With about $10 trillion in mortgage debt currently outstanding, a 33 percent adjustment down comes to $3.3 trillion, a figure very similarly sized to the outsized net worth noted above.

In other words, we could come a long way toward rectifying both metrics almost instantly by taking from net worth and paying down mortgage debt, if only the tax man didn't stand in the way.

It should be emphasized that roughly $5 trillion of $18 trillion in retirement funds stands ready in IRA accounts alone to address this problem, if only government gave people the freedom to do so.

Another interesting point suggests itself.

The post-war average GDP of 3.5 percent per annum has utterly failed to materialize in the first decade of the 21st century, as GDP has averaged instead in the neighborhood of 1.7 percent per annum.

Both net worth and debt measured against an economy pumping out 50 percent more GDP would mean I wouldn't be writing about this right now.

I'd be too busy relaxing and getting ready to make lots of money tomorrow.

There's more than one way to skin a cat: less meddlesome tax policy, or growth-oriented economic policy.

Preferably both.

Does The Fed Help Precipitate Recessions By Raising Rates, Or Lowering Them?

Yes!

Alan Greenspan was confirmed as Federal Reserve Chairman in August 1987, Ben Bernanke in 2006.

Two Episodes of Nearly Vertical Exuberance in Net Worth


Two recent episodes of nearly vertical exuberance are shown by dramatic spurts in total net worth of households over 5 year periods: beginning from the mid-1990s and from about early 2003, coincident with stock market and housing bubbles.

A correction to trend implies a net worth decline to around $45 trillion, or 21 percent from the present $57 trillion.

Irrational Exuberance In Credit Creation Has Stalled







Yet one more metric showing how a new trend line began in the mid-1990s coincident with dramatic new housing and banking legislation of the time. A reversion to the status quo ante implies an overall reduction in asset values of at least 33 percent to 42 percent, and perhaps more in a crash which over-corrects below the more modest trendline set by bank credit of approximately $5.5 trillion.

Friday, February 3, 2012

Jesus' Message About Rich And Poor Is Meaningless To Us In Obama's Hands

President Obama (here) has invoked a saying in the Gospel of Luke to buttress his argument that the rich should give up some tax breaks they enjoy:

"Every one to whom much is given, of him will much be required" (Luke 12:48b).

From this easy misappropriation of a text, which is set in an apocalyptic future where a final reckoning between God and man occurs, one might conclude that President Obama has become a fundamentalist who thinks the teaching of Jesus speaks directly to marginal tax rate policy of the federal government of the United States in the year 2012.

Somehow I don't believe that's what they taught him in Rev. Wright's church.

It is left to us liberals of a certain sort to point out to the president that the teaching of Jesus is not exactly a guide book for conducting our happy lives here in the 21st century, and that this text is instead a witness to the meaning of the true cost of discipleship which Jesus taught, its true cost not just to the wealthy but also to those "to whom little is given".

To his own disciples, his own little flock, Jesus says in the very same chapter the president quotes, "Sell that ye have, and give alms; provide yourselves bags which wax not old, a treasure in the heavens that faileth not, where no thief approacheth, neither moth corrupteth" (Luke 12:33).

Sell that ye have and give alms.

From this we learn that Jesus expected his followers, whether poor or rich, to turn their backs on their former way of life in every detail, goods, fame, child and wife, liquidate that way of life, and help the needy and prepare for God's kingdom which he said was "at hand".

Accordingly much is required of those who have much, because what they have is much. Little is required of those who have little, because what they have is little. By definition a rich man who repents turns his back on much, and by definition a poor man who repents turns his back on little. The teaching is cast tautologically to emphasize the point.

But it is all required of the disciple nonetheless, whether the much or the little: "So likewise, whosoever he be of you that forsaketh not all that he hath, he cannot be my disciple" (Luke 14:33).

Do you know anyone like that? I know I do not. And I know that I am not one of them.

I am not a disciple of Jesus.

Now, if we were to apply this teaching evenly, unlike the president, to the contemporary tax debate, it would naturally mean that rich and poor alike owe everything which they have to the government, which is of course absurd, except under a Marxist interpretation of the text, which is exactly what many in America suspect underlies President Obama's rhetoric.

That Jesus' teaching is so one-sidedly represented by our leftist president in the public sphere shouldn't really surprise us, however. He is not the first trimmer to address the American people.

That we owe everything to God according to Jesus' teaching is not even acknowledged in the one place where you should expect to hear it: the church.

The most you will hear you owe is 10 percent, the tithe.

So-called disciples of Christ everywhere trim and hedge around these texts because these texts are simply too difficult to square with the reality of a mundane existence which quietly whimpers, decade upon decade, century upon century, that Jesus' predicted in-breaking of the kingdom of God, final judgment and establishment of God's justice never happened. We continue to live in a broken world where good and evil grow up side by side, within us and without, while Christian utopians everywhere deny this reality and proclaim not just that God's kingdom is here, but that they are it.

After long experience of them, however, many of us beg to differ.

They have more in common with Barack Obama than they care to admit: a delusional version of reality, often accompanied by a healthy helping of contempt for the non-believers.

It is a unique experience to be hated by the Democrats and the Republicans alike.

What we manifestly should not do today is apply the teaching of Jesus to the tax debate . . . because Jesus did not. As far as he was concerned, taxes were beside the point. The world was coming to an end, so let the dead bury their own dead. They would not remain unburied for long.

Inevitably we would fall short of Jesus' teaching, and we do, as any honest observer will admit. Jesus' teaching had its historical opportunity, and we live in our own unique moment. He is not here to speak to us in ours. His voice reaches us from his past, spoken to us, let us at least say, as true man. As true men like him we should listen to it. And therefore inasmuch as his moment was everyman's moment, it is not without significance in our own time.

For example, if (leftist) Americans who import one half of the teaching of this failed utopian preacher for their own utopian schemes stopped doing so, would this not instantly become a much better country?

If the teaching of Jesus about rich and poor means anything in the present debate about taxes, isn't it that  our expectations of each other should mean that we treat all human beings as human beings? But I highly doubt very many on the left want to talk about the poor paying their fair share of taxes, especially when nearly half of us scandalously pay nothing. The poor are too good to be talked to like that, they tell us.

The rich by virtue of being rich thus receive their opprobrium, while the poor receive an exaltation they do not deserve.

To make the contribution of the poor fair, should it not be proportional, a percentage, so that in that way they are made equal to the rich, who would also pay proportionally even though in sum their contribution will make them superior to the poor?

It is wrong to inflame the poor to hate the rich, to awaken the greed, envy and covetousness to which all are susceptible by nature, and of which all are guilty, poor and rich alike.

But it would also be helpful if more so-called Christian Americans came to terms with their proclivity to view "success" from such a paltry, materialist perspective which insists that not having a job makes one nothing more than a depreciating asset. This is but the flipside of the Marxist coin which treats everyone as chattel, as productive assets of the mere material variety. We are richer in things than failed Marxist regimes, but no less dead inside for de-humanizing the unemployed, the elderly and the unborn, some of whom we have now killed in the millions for almost four decades.

How long can that injustice tempt fate?

Jesus clearly understood the dangers of wealth to the individual soul, the responsibility wealth imposes, and how the sheer size and weight of it can keep one from entering the kingdom of God. But American Christians no less than others press on in pursuit of a secure retirement and the paid off mortgage which has replaced the BMW as the status symbol of choice, gathering up in barns and building bigger ones to hold the increase.

Their recourse to measures which now threaten their own freedoms show that they fear this night their soul shall be required of them and that they will be found wanting.

Wealth exerts a powerful magnetic pull which sucks people inward like a black hole sucks in light. The darkness of it blinds us to the reality of suffering and injustice swirling all around us. Turned by it inward in this way, wealth finds opportunity in in-dwelling evil where it concentrates pride in ourselves to such an extent that it becomes incapable even of the honest human feeling of sympathy, with the result that charity becomes the opportunity only for the praise of other men instead of the relief of suffering which God rewards when done in secret.

Our poorest American brothers and sisters, it should be remembered, are better off than 2/3 of the rest of the whole world.

"Inasmuch as ye have done [it] unto one of the least of these my brethren, ye have done [it] unto me."

In truth God calls to the American Empire, but not through the spokesmen du jour.

This is why Jesus is worshipped.

Labor Participation Rate Falls To Carter Administration Levels in 1979-1980

The average civilian labor force participation rate during the Carter Administration was 63.2 percent.

Thursday, February 2, 2012

Famous Democrat Notices Romney Doesn't Understand Conservatism

James Cueball Carville, here:

"[H]e doesn’t understand conservative doctrine."

Romney Came Late To Conservatism And Still Can't Speak It Very Well

So Charles Krauthammer, here:

"Romney is a guy who came late to his new ideology and still can't speak it very well."

Well, he doesn't even understand what it means when he says it. He's a fake.

Whatever Ann Coulter is, it isn't Conservative

Whatever Ann Coulter is, it isn't conservative.

At least since her endorsement of Hillary Clinton in 2008 we've had, on the other hand, some good clues about what she in fact is.

For example, she was willing to endorse Hillary Clinton and campaign for her were Hillary the candidate for the Democrats for president. The reason? Because Senator John McCain, the Republican, was determined to end the practice of waterboarding prisoners of war at Guantanamo Bay, Cuba.

Now she has endorsed John McCain's one time nemesis from 2008, Gov. Mitt Romney. And Gov. Romney has just put his foot in it twice only days after winning the very same Florida primary McCain won four years ago, and shown us thereby that he isn't a conservative, either.

Proclaiming himself content with the social safety net for the very poorest Americans, Gov. Romney pledged on one day to expand it in the event it becomes inadequate to the task.

On the very next he announced his commitment to the federal minimum wage, and indexing it to inflation.

This is the same Gov. Romney Ann Coulter predicted would lose to President Obama, and therefore the Republicans had better nominate Gov. Chris Christie instead. Also the same Gov. Romney now endorsed by . . . Sen. John McCain.

Thus Ann Coulter is on record in support of a vigorous and muscular government, one which tortures prisoners of war, further entrenches entitlements which create a class dependent on the dole, and interferes in the free marketplace so that the unemployed, and especially the young, gather no useful work experience because employers cannot afford to pay large numbers of them the minimum wage.

In keeping with this unlimited government philosophy, Ann Coulter now defends RomneyCare in Massachusetts on the grounds that government compulsion is quite American:

States have been forcing people to do things from the beginning of the republic: drilling for the militia, taking blood tests before marriage, paying for public schools, registering property titles and waiting in line for six hours at the Department of Motor Vehicles in order to drive.

To the likes of Ann Coulter, "government is" evidently means "government ought."

Nevermind that conscription was resisted and unsuccessful from the beginning of the country. Fewer than 9 percent of Civil Warriors were drafted. The vast majority were volunteers. And volunteers alone comprise our Armed Forces today and have since 1973.

No one is compelled to marry, only to fulfill certain basic requirements if they choose to. Those who remain single aren't obliged to get blood tests. And those who cohabit forego them entirely without fear of the blood test police knocking down their doors.

Yes "we" pay for public schools, that is, we who own property, but the non-propertied classes do not. But no one forced me to buy a house which is taxed to fund schools.

It's in our interests to comply with government which clearly secures our interests, which is why we support property laws which guarantee clear title and oppose shortcuts which undermine them, like the Mortgage Electronic Registration System, a colossal assault on the most basic of all rights we look to government to safeguard but hasn't.

We also expect government to regulate banking to protect the integrity of our savings and of our currency, but it has done neither.  

And no, I didn't have a six hour wait at the DMV. I mailed my check and got my driver's license renewal in the mail. So what if the picture is four years old? But my mother killed the neighbor's prize sow with a car when she was 16, and never drove again. From then until she died at the age of 93 no one forced her to stand in line at the DMV to get a license she would never need.

To hear Ann tell it, we might as well castrate and sell our young, or even eat them because these things were said to be the custom once upon a time, as adultery, incest and sodomy manifestly ever are:

Be it then, as Sir Robert says, that anciently it was usual for men to sell and castrate their children, Observations, 155. Let it be, that they exposed them; add to it, if you please, for this is still greater power, that they begat them for their tables, to fat and eat them: if this proves a right to do so, we may, by the same argument, justify adultery, incest and sodomy, for there are examples of these too, both ancient and modern; sins, which I suppose have their principal aggravation from this, that they cross the main intention of nature, which willeth the increase of mankind, and the continuation of the species in the highest perfection, and the distinction of families, with the security of the marriage bed, as necessary thereunto.  -- John Locke

Is this the reason Ann Coulter is friendly with sodomites today? Because they exist? Or should Thomas Jefferson's advice to castrate sodomites carry more weight?

Did someone hit Ann Coulter with a rock? And is she now living under it? More than half of the country hates ObamaCare because it is compulsory.

The animus against compulsion is as old in America as the revolt against taxation without representation. And older still for refugees from religious compulsion.

If Ann Coulter were alive in 1776 with her present views she'd be a loyalist who would have ended up fleeing to Canada. And in 1861 she'd have gladly plunged the country into a war which killed hundreds of thousands of fathers and brothers because some South Carolinians killed a Union mule at Ft. Sumter.

Ann Coulter's way of thinking has a long pedigree. It's called tyranny.

Ann Coulter Flashback: Hillary Clinton More Conservative Than John McCain

Reported here four years ago today:

"She's more conservative than he is," Coulter said on Fox News. "[Hillary Clinton] lies less than John McCain. She's smarter than John McCain. I will campaign for her if it's McCain," she said.


Coulter's "reasoning" had to do with John McCain's resolve to stop torture at Guantanamo.


CNN here had reported just the day before:

[Sen. John McCain] passed a key test Tuesday in winning Florida's primary, the first early contest that only allowed registered Republicans to participate.

Reacting to criticisms from his party's most conservative quarters, McCain told the San Francisco Gate Thursday, "I'll continue to reach out to all in the party, try to unite the party, until everybody realizes that the only way we're going to defeat the Democratic candidate is through a united party."


Ann Coulter has now famously endorsed McCain's defeated opponent Mitt Romney in the 2012 presidential election as the most conservative, but just yesterday Romney re-affirmed his support for indexing the minimum wage to inflation, as reported here:

[A] reporter asked Romney aboard his campaign plane Wednesday if he still believed the minimum wage should be indexed to account for inflation, essentially increasing the minimum wage each year to keep up with the cost of living.

Romney failed to expound on his position, but said he has "the same thoughts as in the past." Since he was governor of Massachusetts, Romney has said he supports automatic hikes in the minimum wage.


That may be a Republican position now and again, but it's never been a conservative position, let alone a free-market capitalist position.

Maybe Mitt learned to like it at Bain Capital.

At least now we know what Ann Coulter thinks conservatism is: waterboarding people and interfering with what employers pay them.