Quotulatiousness

January 16, 2015

Onwards! – The Western Front Of Early 1915 – THE GREAT WAR Week 25

Filed under: France, Germany, History, Military, WW1 — Tags: — Nicholas @ 05:00

Published on 15 Jan 2015

French general Joseph Joffre is stuck in a dilemma: the Champagne offensive has been going on for weeks now — without any expected results. Should he dig in and tolerate the enemy on French soil? Or should his soldiers continue to run up against the impenetrable German defences? Meanwhile, South African troops attack German South West Africa and in London, Winston Churchill’s plan for an invasion of the Dardanelles has been approved.

Dressing up as a North Korean general is racist … even if you’re Korean

Filed under: Asia, Humour, Media — Tags: , , , , , — Nicholas @ 04:00

Margaret Cho gets into hot water with the perpetually offended for dressing up as a North Korean general:

Korean-American comedian Margaret Cho did an impression of a North Korean general at the Golden Globes that many on Liberal Twitter attacked as racist because apparently not even people of Korean descent are allowed to make fun of Kim Jong Un.

In one of many jokes aimed at the recent Sony cyber-hack, Cho wore a Korean general costume and made fun of the lack of spectacle at the event:

“You no have thousand baby playing guitar at the same time. You no have people holding up many card to make one big picture,” she said in a thick accent. “You no have Dennis Rodman.”

Predictably, people went nuts.

The Guardian editor-in-chief Katharine Viner said Cho was “like, totes racist.” Time deputy tech editor Alex Fitzpatrick questioned how anyone could have seen the bit as anything but “broadly racist.” The International Business Times managing editor called the decision to allow it a “bad call.” And that’s just to name a few.

Cho defended herself, tweeting: “I’m of mixed North/South Korean descent — you imprison, starve and brainwash my people you get made fun of by me #hatersgonhate.”

Germany and Canada are neck-and-neck … in the helicopter fail zone

Filed under: Europe, Germany, Military, Technology — Tags: , — Nicholas @ 03:00

Every now and again, I’ve reminded you about the sad, sad state of the Canadian Armed Forces’ long quest to get new helicopters. If any other western country has had a worse time trying to re-equip their military with capable helicopters, Germany must come close to the top of the list:

As early as the mid-1980s, German army aviation needed new helicopters. Its Vietnam-era Bell UH-1s and Sikorsky CH-53s had seen better days.

France, West Germany, Italy, The Netherlands and the United Kingdom got together in 1985 and drafted a scheme to develop a new fly-by-wire, multipurpose helicopter—the NH90. The U.K. soon left the project.

[…]

The NH90 itself struggled through its long years of development—and ultimately proved less than perfectly reliable. The Dutch have struggled to prevent corrosion in their naval NH90s that deploy aboard warships. The Germans have had problems of their own.

In Germany, the NH90 was originally supposed to open a new era of air-assault operations, wherein different variants of the NH90 would haul troops, vehicles and equipment in lightning-fast attacks behind enemy lines. There would also be a naval version.

But when the Cold War ended, funding became scarce. The German military had wanted more than 200 HN90s but ultimately ordered just 122, making large-scale air assaults unlikely. The first few machines arrived in December 2006.

Another seven years passed before Germany deployed the NH90. In April 2013, several of the copters began flying medical-evacuation missions in Afghanistan.

On June 19, 2014, an engine on one of the deployed NH90s exploded during a training mission over Uzbekistan. On Nov. 17, the German aviation security advisory board grounded the whole fleet.

It’s always a good time to cut taxes

Filed under: Economics, Government, Humour, USA — Tags: , , — Nicholas @ 02:00

In a column explaining why he’s terrified that the “Modern Monetary Theory” folks might get anywhere near the levers of power, Tim Worstall fits in the best reason to cut taxes:

Given that we are discussing monetary policy it seems appropriate to bring Milton Friedman in here. And he pointed out that if you ever have a chance to cut taxes just do so. On the basis that politicians, any group of politicians, will spend the bottom out of the Treasury and more however much there is. So, the only way to stop ever increasing amounts of the the entire economy flowing through government is simply to constrain the resources they can get their sticky little mits on. We could, for example, possibly imagine a Republican from the Neanderthal wing of the party arguing that what the US really needs is another 7 carrier battle groups. And one from the even more confused than usual Progressive end of the Democratic Party arguing that each college student needs her own personal carrier battle group to protect her from the microaggressions of being asked out for a coffee. You know. Sometime. Maybe. If you want to?

QotD: The impact of lower oil prices

Filed under: Business, Economics, Government, Quotations — Tags: , , , — Nicholas @ 01:00

When oil prices are high there is a rush of investment into oil based enterprises from multi-nationals to frackers. No bad thing but there is always a real danger of over investment leading to the exploitation of very marginal resources. A lower oil price will strand some of that investment and, just as importantly, postpone a great deal of it. Which frees up investment for other, potentially more useful, purposes.

The second thing which happens is that governments become addicted to the joys of relatively painless oil royalties. This looks like revenue but, because it is drawn from a diminishing resource, is actually a rather dangerous drawing down of capital. A lot of oil “revenue” is seen as general revenue and is spent on non-capital expenditures. With a booming oil sector governments are tempted to think the exaggerated revenues are available for general expenses and will continue to be. Which means that government budgets are set based on a purely extractive draw down of a province’s or nation’s capital. This is a poor idea.

Not to take anything away from the bright guys who are fracking and mining their way to oil fortunes, the reality is that extracting oil does not leave much in the way of useful, secondary industry, much less innovation. Which, in turn, means that when the oil is no longer profitable to extract there is no residual, non-oil, economy left behind. If a government spends the oil revenue as it comes in, or worse uses it to secure loans, when the oil revenue dries up there is nothing to cover the spending or the debt.

[…]

The golden lining of additional pressures on nasty states like Russia, Iran and Venezuela is likely not as significant as the prevention of malinvestment and governmental squander. In time, as various emerging economies continue to grow, demand will drive the price of oil upwards again. With luck investors and governments will not make the same mistakes twice.

(One unalloyed good arising from the collapse of the price of oil is that so called clean energy renewables like wind and solar look even sillier with their present technology. I suspect wind will always make zero economic sense; I have more hope for photo voltaic solar as new materials promise significantly higher efficiency. And those same materials in a different configuration promise radical gains in battery efficiency for that daily occurrence known as darkness. Again, a low oil price will dampen the insane over investment in these marginal technologies.)

Jay Currie, “Oil Wars”, Jay Currie, 2014-01-03

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