Obviously, the ruble has lost value because of the extensive sanctions and cutoff from SWIFT following Russia’s launch of its illegal war of territorial aggression against Ukraine. For most of the last year, the exchange rate has bounced from a high of 75 rubles to the dollar to a low of just over 100 rubles to the dollar.
However, in the last month, the ruble-dollar exchange rate has traded within an extremely narrow band between just over 90 and just over 94 rubles to the dollar.
That’s a pretty unusual, and pretty narrow, band to be trading in. The question is who, or what, is maintaining that band. Russia could be intervening to make sure the ruble doesn’t go too much above 94, but it wouldn’t make sense for them (if they’re trying to defend the currency) to be sellers on the other side when the ruble appreciates to 90 or less per dollar. Could it be China, trying to move some of the rubles taken in bilateral trade, or some institutional investor somehow stuck with rubles for two two years, unloading them whenever it hits that peg?
But it’s not just the dollar! We see the same thing with the Pound:
And the Euro:
It even seems true of two of Russia’s remaining big trading partners. The Indian rupee:
The Chinese Renminbi/Yuan:
All seem to be trading within very narrow, oscillating bands.
Is it a data artifact? Other currency exchange sites don’t show quite as obvious oscillation, but all do show trading within that narrow band.
I don’t know what to make of it. I don’t know enough to hazard any more educated guesses than that. But someone seems to be manipulating ruble exchange rates, and I’m not sure why.
If you have any ideas, feel free to share them below.
The Biden Recession continues to wreck the pocketbooks of Americans, EU economies are sucking even worse than ours, more Bidens Behaving Badly, and unlimited abortion is not nearly as popular among the American public as it is among New York Times staffers.
Support for unlimited abortion is deeply unpopular:
New Harvard/Harris poll: Huge super-majority of Americans favor 15-week abortion bans in states. Women more likely than men to favor such restrictions; men more likely to support no limitations. Just 10% of respondents agree with federal Dems' 9-month-abortion radicalism: pic.twitter.com/wyOzUPg9uE
Democrats are just tired of Joe Biden and of having to explain away his poor performance. Since Biden was elected, the only thing that has gone right is that the Covid-19 pandemic effectively ended and the unemployment rate has remained low. Inflation is out of control, gas prices are at record highs, grocery bills are skyrocketing, the stock market is getting battered and people’s 401(k)s are shrinking, crime remains high, mass shootings keep bedeviling America’s public spaces, Russia’s invading Ukraine, there’s a global food and commodity crisis, and the Taliban is running Afghanistan and oppressing women again. Democrats are apoplectic that the Supreme Court struck down Roe v. Wade, a New York State gun law, and the EPA’s right to regulate carbon emissions without explicit approval from Congress. Parents are up in arms, the teachers’ unions look like callous fools who kept schools closed and harmed a generation of schoolchildren, and “abolish the police” looks like a suicidal public policy. Republicans notice that waves of illegal immigrants headed north shortly after Biden’s inauguration and haven’t stopped coming since.
You didn’t even mention the Social Justice insanity and all the transexual madness.
That New York Times poll found that 64 percent of Democrats want a different presidential nominee in 2024. Nobody’s willing to cover for this guy anymore; no one is inclined to avert their eyes when Biden or his wife blurts out something tone-deaf now.
There are some of us who would argue that Joe Biden has always been an insecure, abrasive, presumptuous, disingenuous, demagogic, insufferable blowhard who was largely protected by a cozy, all-too-friendly relationship with a press inclined to airbrush his glaring character faults, presenting him as a wacky neighbor or a kindly, ice-cream loving grandpa.
What we see now is what happens when much of the national media, the Democratic Party establishment, and liberal interest groups stop playing along with the narrative that Biden is a wiser, sharper, kinder, more energetic and sensitive man than he is. And the truth isn’t pretty.
Speaking of unwanted Bidens: “Hunter Biden could face prostitution charges for transporting hookers across state lines and disguising checks to them as payments for ‘medical services.'” I’ll believe Hunter Biden prosecution when I see it. Also, I’ve been treating the 4Chan “Hunter Biden iPhone leak” with a certain amount of skepticism. Certainly the Hunter laptop revelations were real, and Hunter is a big enough scumbag to do the the things alleged iPhone leak materials depict. But I try to be cautious about anything that fits too neatly into my preconceptions. (Hat tip: The Other McCain.)
“Left-Wing Nonprofit Scores $171.7 Million-$1 Billion Government Contract To Help Illegal Immigrants Avoid Authorities.”
A liberal non-profit group has been given a taxpayer-funded government contract worth at least $171.7 million — which could potentially reach just under $1 billion — for assisting illegal immigrant minors in avoiding capture or incarceration by U.S. Border Patrol and state officials.
The Department of the Interior was the awarding agency and “The Vera Institute of Justice,” based out of New York — which supports the “defund the police” movement and has lax views on immigration enforcement — was the beneficiary.
Thanks in part to a lack of zoning, Houston builds housing at nearly three times the per capita rate of cities like New York City and San Jose. It isn’t all just sprawl either: In 2019, Houston built roughly the same number of apartments as Los Angeles, despite the latter being nearly twice as large. This ongoing supernova of housing construction has helped to keep Houston one of the most affordable big cities in the U.S., offering new arrivals modest rents and accessible home prices even amid seemingly endless demand.
Houston is by no means a model for planning. Like every other Sun Belt city, it struggles with segregation and sprawl. Yet its continued success as one of America’s most affordable and prosperous cities reveals the workability—indeed, the desirability—of non-zoning. Houston is a profoundly weird place, resistant to seductive oversimplifications. But it provides insight into what comes after the arbitrary lines that have misshapen our cities—and how we might get there.
So why didn’t Houston adopt zoning like every other U.S. city? The answer comes down partly to process. Unique among major cities, Houston subjected zoning to a citywide vote. While most city councils had, historically, quietly adopted zoning after a few perfunctory public hearings, the Bayou City invited voters to decide on zoning in 1946, 1962, and 1993. Voters rejected it each time—a reality that calls into question the often-postulated popularity of zoning.
Zoning critics rightly dispensed with the comforting myths surrounding zoning—that its purpose was to merely rationalize land use—and zeroed in on its tendency to restrict new housing construction, limit access to opportunity, institutionalize segregation, and force growth outward. Far from being duped, Houston’s working-class residents exhibited a subtler understanding of the purposes of zoning than many contemporary planners and rejected it accordingly.
But the answer to why Houston remains unzoned also comes down to politics. Zoning proponents didn’t merely lose the referendums—they were also tactfully bought off by being allowed to have something resembling zoning in their immediate vicinity. Indeed, the dark little secret of non-zoning in Houston is that it depends on a system of land-use regulations known as deed restrictions, which empower certain communities—principally middle- and upper-class homeowners—to effectively “opt out” of non-zoning, writing their own land-use rules for their own neighborhoods. In exchange, Houston is able to protect the vast majority of the city from the types of arbitrary-use distinctions, density limits, and raucous public hearings that cause so much harm in every other U.S. city. That is to say, in exchange for respecting pockets of private land-use regulation, Houston is able to grow, adapt, and evolve like no other city.
Deed restrictions are private, voluntary agreements among property owners—typically the homeowners of a particular subdivision or neighborhood—regulating how they can and cannot use their land. These rules are literally tied to the deed, meaning that a property owner must agree to them as a condition of the sale. Since the failed 1962 zoning referendum, the city has enforced these agreements on behalf of the relevant parties, refusing to issue permits that run afoul of their provisions and bringing legal action against violators.
Is this system of publicly enforced deed restrictions “basically zoning,” as some might argue? On the one hand, deed restrictions—like zoning—demarcate specified areas subject to a distinct set of stricter land-use rules. Both zoning and deed restrictions in Houston are enforced by the government, principally with the aim of propping up home values and maintaining a certain quality of life. Many deed restrictions even have rules banning apartments and enforcing a strict two-and-a-half-story height limit.
Yet, the similarities end there, and Houston’s system of deed restrictions is a significant improvement over zoning. For starters, deed restrictions only cover an estimated quarter of the city, largely in areas with low-rise, detached, single-family housing. Industrial areas, commercial corridors, mixed-use and multifamily neighborhoods, urban vacant lots, and yet-to-be-developed greenfields are virtually never subject to their provisions. This means that roughly three-quarters of Houston—including its more dynamic sections—are largely free to grow without anything even resembling zoning holding them back.
Another key difference is that deed restrictions must be voluntarily opted in to. This serves to discipline deed restrictions in a way that is rarely true of zoning: If the rules are stricter than what prospective homebuyers might prefer, or not strict enough, or simply focus on the wrong concerns, this may translate into lower home values. This in turn nudges homeowners to think through the optimal form of land-use regulation to a degree that rarely happens with zoning.
After deciding to let drug-abusing transients use their restrooms, Starbucks is now closing 16 stores because of rising violence, and the fact that transients are shooting up in their restrooms. Golly, who could have possibly seen that coming?
Another Texas school superintendent has stepped down amid criticism from parents concerned about liberal indoctrination in their children’s classrooms.
At a special meeting Monday afternoon, Clear Creek Independent School District’s board of trustees accepted the retirement of Superintendent Eric Williams, effective in January 2023.
Conservative parents in the Houston-area district had complained that Williams, who started in early 2021, was subjecting their students to liberal ideologies he brought from his former job as superintendent of
Today’s locus of instability is Italy, where two Euroskeptic parties, one left (Five Star Movement) and one right (the League, AKA the Northern League), were prevented from forming a coalition government by the country’s Europhilic President Sergio Mattarella, who vetoed their pick of Paolo Savona for finance minister because he advocates leaving the Euro. Like Spain, Italy found out that if they went too strongly against the EU’s wishes, they’d simply be required to keep voting until they got it “right.”
Accepting Italy as one of the eurozone’s founding members was a decision only made possible by ignoring common sense, by twisting statistics, and by making a mockery of the rules. But it was a Pyrrhic victory: Italy was allowed to trick its way onto a voyage that damned it. The euro simply did not fit the realities of Italy’s economy or its politics. By dramatically cutting the country’s financing costs (borrowing lire would have carried a significantly higher nominal cost) adopting the single currency allowed Rome to avoid tackling the country’s high debt load, a debt load that was made all the more dangerous now that it was all denominated in a ‘foreign’ currency. Italy could no longer print lire to pay off its creditors.
When the eurozone crisis hit, Italy was one of the victims, and so, in some respects was its democracy. In something that came uncomfortably close to a coup, the eurozone leadership essentially used Italy’s financial fragility as a lever to secure the replacement in 2011 of Prime Minister Berlusconi by a Brussels man, Mario Monti, a pliable, unelected proconsul. Next time you hear Brussels lecturing Eastern Europeans on democracy remember that.
Italy weathered the crisis in a ‘just a flesh wound’ sort of way. Its problems became chronic, rather than acute, if that’s the correct adjective to describe the consequences of staying stuck in the euro’s deflationary trap: High rates of unemployment and anemic economic growth.
The Independent:
Per capita GDP in Italy is still more than 8 per cent lower than it was when Lehman Brothers went bust in 2008. Quite incredibly, it is even lower than it was when the country joined the eurozone back at the turn of the millennium. Unemployment stands at 11 per cent, down from a peak of 13.1 per cent in 2014, but still double the 5.8 per cent low seen in 2007.
As the largest of the PIIGS and the third largest economy in the Eurozone, Italy’s participation in the Euro is a lot more vital than Greece’s, which is why the EU has actively been trying to crush any hint of (pick your neologism) Quitaly or Italeave.
Never mind the fact that, as in Spain, Italian voters want to have their cake and eat it too, advocating polices (in the form of “rolling back pension reforms and government subsidies to the unemployed”) that would only pile on further debt in a country that already has a national debt running at over 130% of GDP, secondly only to Greece in the Eurozone. That doesn’t change the fact that Italy has “ceded its sovereignty to the European Union and international financial markets.”
Pat Condell has a message for those who are still fighting Brexit: “Your bitter and abusive response to Brexit makes the fact that you lost almost as pleasing as the fact that we won.”
Some choice quotes:
Now that Britain is officially leaving the anti-democratic European Union, many of us who voted for that happy day are hoping that the people who have been spitting feathers for the last nine months telling us how ignorant and stupid we are for not selling out our birthright will finally show a little dignity and accept the referendum result. This applies especially to all you public progressives, angry intellectuals, failed politicians, media hacks, and tinpot celebrities who are still bristling at being overruled by those you clearly regard as your inferiors. Indeed, the one thing that comes through all the lamenting and teeth-gnashing is a quite visceral contempt for the knowledge and intelligence of the general public.
Snip.
We voted for the things that are important to us, and not for the things that are important to you, so naturally you assume that we walked on our knuckles to the polling station and voted with a heavy blunt instrument. You impugn our motives with your own nasty assumptions, you blithely dismiss us as little Englanders, and sneer at our opinions as if we have no right to hold them. To you, we’re not only wrong politically, but morally too. Either too stupid to understand the issues, or too busy eating out of a bucket in front of the TV to pay attention, or just plain racist. It’s the same condescending backlash we’ve seen against Trump voters in the United States. And it’s the same condescending people who are behind it, people like you. Your bitter and abusive response to Brexit makes the fact that you lost almost as pleasing as the fact that we won, especially given your selective support for democracy. When you win a vote, oh, it’s the will of the people, but when you lose, suddenly it’s the tyranny of the majority, and the rules weren’t fair, and they need to be changed retrospectively, or you’ll throw a tantrum.
Snip.
Look at the unholy mess that all those PhDs in economics have made of the single currency. They clearly don’t know what they’re doing. Or, even worse, they do. Either way, their disastrous vanity project has impoverished an entire generation and punished the people of southern Europe, essentially for not being German enough. Somebody should have told them that everyone in Europe would need to be a lot more German if this thing was ever going to work. Their irresponsible migrant policy seems calculated to flood a borderless Europe with criminals, terrorists and rapists. They flout their own rules to expose us to the most violent dregs of humanity who have no right to be here, none of whom we can deport, and whose presence is going to make things permanently more dangerous for all women and girls. Politically, they throw their weight around and behave like dictators. They remove elected governments that won’t do their bidding.
Snip.
We get it that you don’t want to be governed by the opinions of people you don’t respect. Why do you think that we, the majority, don’t want to be governed by your opinions? Sovereignty matters to us in a way that clearly it doesn’t matter to you, but that doesn’t make us ignorant, immoral, narrow-minded, xenophobic, racist, or thick, and it takes a hell of a lot of arrogance for an intelligent person not to see that. But you keep doing it your way. Keep telling us we got it wrong because we’re too stupid and ignorant, and maybe a bit racist, to know any better. Keep insulting and patronising us, calling us little Englanders, and telling us we’re too dumb and irresponsible to have an opinion at all, and maybe we’ll change our minds. Yeah, and maybe we’ll all celebrate next Christmas on Mars. You never know. Britain is leaving the European Union because we voted for it fair and square, and the rotten un-mandated, unrepresentative European Union is deservedly dying. I don’t know what else to tell you. If it’s too much to bear, put your fingers in your ears and close your eyes. It will all be over soon.
Still disagree about Ukraine, but otherwise he’s spot on.
Prime Minister Theresa May on Wednesday sent formal notice of the country’s intention to withdraw from the European Union, starting a tortuous two-year divorce littered with pitfalls for both sides.
Speaking in Parliament, Mrs. May said she was invoking Article 50 of the Lisbon Treaty, putting Britain on track to leave the European Union in 2019 and raising a host of thorny issues involved in untangling a four-decade relationship.
In addition to a welter of trade and customs matters, the Conservative government faces the prospect of a new independence referendum in Scotland, where a majority voted to remain in the European Union, and deep worries about the 1998 Good Friday peace agreement in Northern Ireland.
Just before 12:30 p.m., Britain’s top envoy to the European Union, Tim Barrow, walked to the office of Donald Tusk, the president of the European Council, and handed him a letter with the official notification. Mr. Tusk then posted on Twitter acknowledging receipt of the letter.
This is filing the divorce papers on your wife after she’d already been moved out and shacked up with a bongo player for six months. Even Labour is talking about devolution of power to Scotland and Wales rather than trying to derail Brexit.
The UK was the first, but won’t be the last, as the EU’s democracy deficit, the economic distortions and stresses engendered by the Euro, and the disasterous effect of unassimilated Islamic immigration have Euroskeptic parties gaining in the polls and other countries eyeing an exit. Betting odds currently have Greece, Italy and France as the countries most likely to leave the EU. Greece leaving would probably be a relief to the rest of the EU, whereas a French exit would likely end the EU entirely.
By accepting the use of preelection statements to impeach and limit executive policy, the 9th Circuit is taking a dangerous step. The states’ argument is in essence that Trump is a bigot, and thus his winning presidential campaign in fact impeaches him from exercising key constitutional and statutory powers, such as administering the immigration laws.
This would mean that Trump is automatically disbarred, from the moment of his inauguration, of exercising certain presidential powers, not because of his actions as president, but because of who he is — that is, how he won the presidency.
When Judge James Robart stated that “no” terrorists had attacked America from the countries on President Trump’s travel ban, he was engaged in the rhetorical device known as lying his ass off. “At least 60 people born in the seven countries had been convicted — not just arrested, but convicted — of terror-related offenses in the United States since Sept. 11, 2001.” (Hat tip: Ace of Spades HQ.)
Trump’s sanctuary city and terrorist-supporting state travel bans are his most popular executive orders. To quote Mark Steyn yet again, “‘divisive’ appears to be elite-speak for ‘remarkably popular.'” (Hat tip: Ace of Spades HQ.)
Here we go; this is what I’ve handled from Monday-Friday this week: rape, rape, robbery, aggravated assault, rape-assault and rape, extortion, blackmail, assault, violence against police, threats to police, drug crime, drugs, crime, felony, attempted murder, rape again, extortion again and ill-treatment.
Suspected perpetrators; Ali Mohammed, Mahmod, Mohammed, Mohammed Ali, again, again, again. Christopher… what, is it true? Yes, a Swedish name snuck in on the edges of a drug crime. Mohammed, Mahmod Ali, again and again.
Countries representing all the crimes this week: Iraq, Iraq, Turkey, Syria, Afghanistan, Somalia, Somalia, Syria again, Somalia, unknown, unknown country, Sweden. Half of the suspects, we can’t be sure because they don’t have any valid papers. Which in itself usually means that they’re lying about their nationality and identity.
I’m ending my support of UC Berkeley, where I got my MBA years ago. I have been a big supporter lately, with both my time and money, but that ends today. I wish them well, but I wouldn’t feel safe or welcome on the campus. A Berkeley professor made that clear to me recently. He seems smart, so I’ll take his word for it.
I’ve decided to side with the Jewish gay immigrant who has an African-American boyfriend, not the hypnotized zombie-boys in black masks who were clubbing people who hold different points of view. I feel that’s reasonable, but I know many will disagree, and possibly try to club me to death if I walk on campus.
Yesterday I asked my most liberal, Trump-hating friend if he ever figured out why Republicans have most of the Governorships, a majority in Congress, the White House, and soon the Supreme Court. He said, “There are no easy answers.”
I submit that there are easy answers. But for many Americans, cognitive dissonance and confirmation bias hide those easy answers behind Hitler hallucinations.
House Democrats are going on a retreat in Baltimore where they’ll go over an autopsy of the election. Will they learn from their many mistakes? “The Baltimore retreat, which will take place at the scenic Inner Harbor, will focus on the party’s fight for all Americans and feature speeches from top Democrats and various celebrities, including Kareem Abdul Jabbar and Chelsea Handler, as the party looks to get back on track.” Signs point to “No”… (Hat tip: Director Blue.)
Both Steve Bannon and Reince Priebus want you to know that they are not bitter enemies fighting for influence in the Trump White House. The truth is that they are “rather chummy.” (Hat tip: Ann Althouse.)
In the end it would appear that Trump is playing the kind of game that I was taught to play by my coach. His opponents are never given time to mount an attack. Their queen – the MSM has been removed from the board and their favorite piece – the Celebrities are locked in a war of attrition while Trump gets the rest of his pieces on the board. Remember, these are all Tactics but Strategy flows from Tactics. Sooner or later the Left will find itself in some terrible position and the Strategy to drain the swamp will present itself.
“Leftists said if Trump won, that there’d be violent mobs of hate, and intolerant fascists would try to silence those with whom they disagree. And they were right. It just was by a group of people from which they didn’t expect it: themselves.” (Hat tip: Director Blue.)
NSA contractor allegedly stole over 500 million documents. The news came out October last year (I guess reporting yet another giant classified data breach was something the media wasn’t too wild about digging into in the election homestretch), but he was just indicted yesterday. (Hat tip: Ace of Spades HQ.)
“Well, with Trump, Modi, Brexit, and now France, there are some similar problems in those countries. What you are hearing is people getting fed up with the ruling class. This is not fascism. It has nothing to do with fascism. It has to do with the faux-experts problem and a world with too many experts. If we had a different elite, we may not see the same problem.”
Nikki Haley’s first speech at the UN blasts Russia over their continued occupation of Ukraine. (Hat tip: Instapundit.)
Gun sales finally dip. Obviously gun owners don’t feel like NRA-endorsed President Trump is a threat to take their guns, unlike “World’s Greatest Gun Salesman Obama.” It also suggests that those of us in the Vast Right Wing aren’t even remotely worried about that mythical leftwing “resistance” launching an actual civil war. (Hat tip: Ace of Spades.)
Can an average engineer earn more in a lifetime than an average NFL player? The study says yes, but I think the engineering pay average ($125,418) is probably a bit on the high side (I suspect California companies were oversampled).
Twitter had decided, in an election year, to surrender control of its platform to a crew of feminist social justice warriors (SJWs) designated the “Trust and Safety Council.” This secretive group of Soviet-style commissars included the notorious anti-male hatemonger Anita Sarkeesian, and soon Twitter began purging conservative accounts…. Jack Dorsey had made his company part of the Democrat Party’s campaign team and four months later, when Twitter banned popular commentator Milo Yiannopoulos, the partisan nature of “Trust and Safety” became transparent. Banning conservatives from Twitter was Dorsey’s contribution-in-kind to the Democrats.
The poll with the best track record over the last three presidential elections gave Donald Trump a 2-percentage-point edge over Hillary Clinton on Saturday.
The Investor’s Business Daily/TIPP tracking poll has Trump with 42.1 percent and Clinton at 39.7 percent.
Thoughts on #NeverTrump: “They are putting a great volume of energy into bringing about a disaster, for which they will not take any ownership.”
No one trusts the media anymore. “Only one in nine Americans believes that Hillary Clinton is ‘honest and trustworthy.’ They don’t trust the media’s cover-up of her misdeeds, and the cover-up of the cover-up of the cover-up.” (Hat tip: Director Blue.)
More than anything, I can’t sit idly by and allow these perpetrators of fraud to celebrate and leak tears of joy like they did when they helped elect Barack Obama in 2008. I have to know I weighed in not only in writing but in the voting booth. The media needs to be destroyed. And although voting for Trump won’t do it, it’s something. Essentially, I am voting for Trump because of the people who don’t want me to, and I believe I must register my disgust with Hillary Clinton.
Here’s a New Yorker piece on the failure of the Euro. It provides a good, but incomplete, overview of the Euro’s failure (nowhere does it note that Europe’s cradle-to-grave welfare state is unsustainable, and it fails to note that none of the nations practicing “austerity” in southern Europe have cut outlays to match receipts). And the myopic policy prescription offered is, of course, more central planning. But there are some good bits. Like this:
The U.S. unemployment rate hit ten per cent for a single month in 2009 and is now below five per cent; the eurozone unemployment rate hit ten per cent around the same time, and is still in double digits. In some European countries, youth unemployment is more than forty per cent. America’s economy is bigger than it was when the crisis hit. The eurozone’s is smaller. To take just one example, Italy, the third-largest economy in the eurozone, has a per-capita G.D.P. that’s lower than it was at the end of the last century.
Also this:
Stiglitz observes that if the countries that committed to the single currency in 1992 had known what they know now, and if people had had the chance to vote on the proposal, “it is hard to see how they could have supported it.” That’s a hell of an indictment.
Hey, remember how we were told California’s assisted suicide law would only apply to terminally ill people who wanted to die? Now insurance companies are enouraging suicide rather than pay for life-extending drug treatments.
But if you’re not sure yet what you want to do, then take time to decide before you spend $30,000, $50,000, or $100,000 you don’t have for something you don’t need. In the meantime, start working. You’ll probably only find low-paying, hard-working jobs at first, but guess what? If you go to college, you’ll be working those same jobs when you get out, only you’ll be four years older and fifty grand poorer.
Scientists at the Oak Ridge National Laboratory in Tennessee have discovered a chemical reaction to turn CO2 into ethanol. Better idea than corn subsidies…
For the last ten years you’ve been told that the LHC must see some new physics besides the Higgs because otherwise nature isn’t “natural” – a technical term invented to describe the degree of numerical coincidence of a theory. I’ve been laughed at when I explained that I don’t buy into naturalness because it’s a philosophical criterion, not a scientific one. But on that matter I got the last laugh: Nature, it turns out, doesn’t like to be told what’s presumably natural.
Its 52 days until the election! At least we can be thankful it isn’t more! (Alternate theory: We’ve all died and gone to Hell, and will be watching this Presidential race for the rest of eternity…)
Donald Trump widens lead in LA Times poll. “The poll shows Trump leading Clinton, 47%-41%.” (Hat tip: Ace of Spades.)
Another poll puts Trump up by eight in Iowa. Downside: Same poll has Trump up by only seven in Texas. There’s no way in Hell or Terlingua that’s happening, but let’s hope Battleground Texas cons some national Democratic donors into throwing more money down that particular rathole based on that poll… (Hat tip: Ace of Spades.)
Scott Adams on Hillary’s 9/11 collapse: “The optics of a potential commander-in-chief collapsing at that holy place, and on an important anniversary, rendered her unelectable in my opinion.”
“Hillary Clinton has stage-three Parkinson’s disease and suffers from seizures, according to three sources who have had a personal relationship with the Democratic Party presidential nominee.” Grains of salt, anonymous sources disclaimer, yadda yadda.
Did I miss this from 2015? “The charitable foundation run by Hillary Clinton and her family has received as much as $81m from wealthy international donors who were clients of HSBC’s controversial Swiss bank.” Including Frank Giustra. But why would you trust such a notoriously right-wing news outlet as The Guardian? (Hat tip: Director Blue.)
“It Was Easier To Cure Trump Of His Trumpiness Than Hillary of Her Hillaryness.” “For Hillary, the problem runs deeper. People think she’s corrupt and dishonest. That’s because she’s corrupt and dishonest.” (Hat tip: Ed Driscoll at Instapundit.)
Email leak exposes Democratic Party Pay-for-Play scheme, despite cleverly hiding their intent by actually using the phrase “pay-for-play.” Just think: This would have been a major story dominating the news for months if it were a Republican Administration. In the age of Obama and Hillary, it’s just another selection on a vast buffet of corruption. (Hat tip: Ace of Spades HQ.)
Well, what did they expect when they went all in for Hillary? And now Trump is climbing in the polls — 6 points up in the new L.A. Times poll — and they’ve already squandered their credibility. They can’t help her now. They tried too hard before. Too bad the Democratic Party didn’t give us a democratic experience this time. They foisted a candidate on us, they rigged it, with the assistance of the media. And now the candidate we didn’t want zombie-walks and stumbles to the finish line, and there is nothing the Party or the media can do to stir up our affection. Meanwhile, the man the media loved to hate is powering through to the Presidency, looking only stronger for all the shots he took.
Viktor Orbán, together with the prime ministers of the Visegrad countries and the Ukrainian prime minister, took part in a discussion where he highlighted: a whole generation of European politicians had a “secret dream”, that they can use the EU to achieve the weakening of the member states’ national, religious, and historic identities, and that all this would be replaced by a new European identity. But we found out there is no such identity that could replace the old ones, he said. He added: now it is proven that the only successful countries are the ones with strong identities.
Someone is extensively testing the core defensive capabilities of the companies that provide critical Internet services. Who would do this? It doesn’t seem like something an activist, criminal, or researcher would do. Profiling core infrastructure is common practice in espionage and intelligence gathering. It’s not normal for companies to do that. Furthermore, the size and scale of these probes — and especially their persistence — points to state actors. It feels like a nation’s military cybercommand trying to calibrate its weaponry in the case of cyberwar… The data I see suggests China.
Former Ohio mayor arrested for raping a 4-year old. Guess which party they were a member of, and guess how deeply the Washington Post buried that information.
Among the more interesting storylines to emerge after the Brexit vote was how Labour blew it. Despite having a leadership far more Europhilic and in favor of transnational statist government than even Tory insiders, Labour’s support of Remain was markedly tepid, starting right at the top with Labour leader Jeremy Corbyn:
Less than a month before the historic EU referendum, the team assembled by Cameron to keep Britain in the European Union was worried about wavering Labour voters and frustrated by the opposition leader’s lukewarm support. Remain campaign operatives floated a plan to convince Corbyn to make a public gesture of cross-party unity by appearing in public with the prime minister. Polling showed this would be the “number one” play to reach Labour voters.
Senior staff from the campaign “begged” Corbyn to do a rally with the prime minister, according to a senior source who was close to the Remain campaign. Corbyn wanted nothing to do with the Tory leader, no matter what was at stake. Gordon Brown, the Labour prime minister whom Cameron vanquished in 2010, was sent to plead with Corbyn to change his mind. Corbyn wouldn’t. Senior figures in the Remain camp, who included Cameron’s trusted communications chief Craig Oliver and Jim Messina, President Obama’s campaign guru, were furious.
So to Corbyn, a vote many in Labour leadership regarded as the most important in their lifetime took a backseat to his bitter hatred of even appearing with the Tories. “An old school socialist, the Labour leader had in the past attacked the EU as an undemocratic, corporatist conspiracy that threatened workers’ rights. He never looked the part to save Cameron in a referendum the Conservative leader brought on himself.”
From the same piece:
Hardened by close-run contests in the 2014 Scottish independence referendum and last year’s general election, the strategists running Stronger In decided to follow the playbook that worked in those campaigns, particularly the 2015 Conservative sweep, and focus mainly on economic security.
It failed spectacularly. The depth of public anger over the influx of workers from other EU countries, and more broadly the rejection of political and business elites, was more significant than they had anticipated.
Also this:
Internal polling found just weeks before June 23 one in five Labour voters did not know the party’s position in the referendum. As party aides canvassed voters around the country, they discovered a deep well of concern about immigration.
I’m tired of people thinking that only those on the right of politics are Eurosceptic. This is far from true.
The reputation of the EU has fallen sharply among many on the Left. The sight of the EU establishment imposing unprecedented levels of austerity on Greece was a real wake-up call. This was not a benign political institution guaranteeing social protection and international solidarity, but an unaccountable force bringing crippling pain on a people who cannot hope to repay the loans that are recapitalising their banks.
Meanwhile, the EU is willing to require ever-greater sacrifice to living standards in order to keep the Euro and the wider European “Project” moving forwards. Ever closer Union is what is on the tin – and even if the words are removed to satisfy the Prime Minister, the contents will still be the same.
The Labour Party has traditionally had a sceptical view of the European institutions. From Attlee to Foot, and until the late 1980s, Labour was predominantly Eurosceptic – but then, following three Thatcher victories, many on the Left looked desperately to Europe to block her policies. Wise Labour voices like Peter Shore and Tony Benn, however, argued that democratic faith in the wisdom of the public was a better guarantor than the benevolence of transitory political elites. They have been proved right as the EU is no longer motivated by Jacques Delors’ ‘Social Europe’, but is increasingly out of touch with the needs of its people.
Familiar voices try to scare us into believing that leaving the EU would ruin the UK, but these are the same people who told us that we had to join the Euro or face disaster. We stayed out of the Euro and have therefore been spared much of the chaos of that unsustainable currency – but we still give £7.3 billion net a year of our money to the EU.
How can we protect civil liberties when the EU forces on us unaccountable extraditions through the European Arrest Warrant? How can we ensure the jobs and growth that we need when vital contracts for work go to preferred bidders on the continent and not to British firms? How can we preserve and improve our public services when the Services Directives help force the privatisation of the Royal Mail and EU rules against state aid will make it almost impossible to renationalise the railways? TTIP is a gift to the multi-national corporations. I don’t trust the EU to negotiate on our behalf, and I certainly don’t trust it to be on the side of small businesses or Trade Unions.
The Labour Party is looking at radical policies to tackle the problems in our country. We need to take back real control from the unelected and unaccountable European Commission if we are to have a chance of implementing any of these.
My politics are very far indeed from those of Hoey, but she’s not wrong. Greece’s government may have brought upon the crisis by spending radically more money than they took in even after it became apparent they were going broke, but the EU responded in exactly the way described. It was born as an undemocratic organization, a fact the Euro crisis finally made apparent even to the those on the left, with the decisions of democratically elected officials overruled by unelected bureaucratic elites. And the self-serving agendas of those elites tend to be at odds with the goals of both left and right.
The question isn’t why Hoey supported Brexit, but why so many Labour MPs didn’t.
“In the end, it came down to the issue of immigration. The British people wanted to reclaim their nation. They wanted their nation to be their nation. They did not want it to turn into Germany. They wanted the hordes of immigrants camped out in Calais to stay in Calais. They had had had enough with British girls being ‘groomed’ by Muslim men.” (Hat tip: Director Blue.)
Instapundit on the Brexit: “A lot of people felt powerless, and the political system not only didn’t address that, but seemed to glory in it.”
David Stockman sees Brexit not only as a revolt against the EU, but against the entire world financial elite’s low interest rate regime. “The ECB will soon be embroiled in an existential crisis as the centrifugal forces unleashed by Brexit tear apart the fragile consensus on which Draghi’s lunatic monetary experiments depended.” (Hat tip: Director Blue.)
The inability of those elites to grapple with the rich world’s populist moment was in full display on social media last night. Journalists and academics seemed to feel that they had not made it sufficiently clear that people who oppose open borders are a bunch of racist rubes who couldn’t count to 20 with their shoes on, and hence will believe any daft thing they’re told. Given how badly this strategy had just failed, this seemed a strange time to be doubling down. But perhaps, like the fellow I once saw lose a packet by betting on 17 for 20 straight turns of the roulette wheel, they reasoned that the recent loss actually makes a subsequent victory more likely, since the number has to come up sometime.
Or perhaps they were just unable to grasp what I noted in a column last week: that nationalism and place still matter, and that elites forget this at their peril. A lot people do not view their country the way some elites do: as though the nation were something like a rental apartment — a nice place to live, but if there are problems, or you just fancy a change, you’ll happily swap it for a new one.
In many ways, members of the global professional class have started to identify more with each other than they have with the fellow residents of their own countries. Witness the emotional meltdown many American journalists have been having over Brexit….
A lot of my professional colleagues seemed to, and the dominant tone framed this as a blow against the enlightened “us” and the beautiful world we are building, struck by a plague of morlocks who had crawled out of their hellish subterranean world to attack our impending utopia.
I’m always up for a good Morlock reference. And if you haven’t read H. G. Wells’ The Time Machine (which you should, because it’s a great novel), that analogy is more apt than you know. In Wells’ novel, the Morlocks were the underground race that actually ran things, the ones that maintain the machinery the Eloi depended on to live. Just like those inbred redneck freaks from JesusLand (or, to use a UK analogy, those Northern monkeys), the Morlocks are the essential population that keep things running, not the beautiful, useless Eloi.
I hope everyone had a merrier Christmas than I did. (My father recently went on hospice care after a two year fight with cancer, so I was back home helping my mother care for him.) Here’s a LinkSwarm to start your week with.
What would Democrats do to defeat the Islamic State? Not a damn thing.
Iraqi government forces retake Ramadi, the Anbar province city the Islamic State took in May.
“Two weather occurrences – the Arctic Oscillation and El Niño – are combining to shake up temperatures from coast to coast in the U.S., bringing springlike conditions to the Northeast for much of this month and leaving parts of the West colder and wetter than usual.”
Adjusting for inflation, the gross domestic product of the 19 countries now sharing Europe’s common currency, the euro, was less in 2014 than it was in 2007. Widespread joblessness and diminishing opportunities confront an entire generation of young Europeans, especially in Spain, Italy, France and Greece. The economic malaise tinges everything: Young people resist marriage for lack of economic opportunity. Poorer European countries are experiencing brain drains as many of their best young professionals and college graduates move abroad. Numerous Greek doctors, for instance, now work in more prosperous Germany while Greece’s health system is in crisis.
Pennsylvania’s insane, disgraced Democratic Attorney General Kathleen Kane accused of suborning perjury.
Democrats in congress have proposed a sweeping gun control bill. Because that’s always such a big electoral winner. It just kills liberals that free citizens are allowed to remain armed…
