Quotulatiousness

December 29, 2017

2017 wasn’t all doom and gloom and Trump tweet wars

Veronique de Rugy manages to find three things that 2017 produced that somehow didn’t kill millions of Americans (so far, as far as we know):

First, President Donald Trump just signed a historic reduction in the corporate income tax rate, from 35 percent — the highest of all industrialized nations — to 21 percent. And except for a one-time repatriation tax, the U.S. will no longer tax most profits made by businesses overseas.

Both changes should boost economic growth and American workers’ wages. Moreover, the reform removes many of the distortions that discourage companies from investing foreign-earned income in the United States and prompt them to use tax avoidance techniques.

Second, this was a very good year for deregulation. Cutting taxes isn’t the only way to boost growth and raise wages; innovation may matter even more. Getting rid of duplicative and outdated regulatory hurdles to innovation promises to have a real impact on our lives. That’s what the Trump administration, with the help of Congress, seems committed to doing.

When the president first got to the White House, for example, he froze many not-yet-implemented Obama-era regulations. These include the punishing overtime pay regulation, which would have increased the cost of employing workers and ultimately reduced their base compensation to offset the increase in overtime pay.

[…]

Last but not least are the sustained efforts by Sens. Pat Toomey, R-Pa., and Richard Shelby, R-Ala., to slow down the process that would restore the Export-Import Bank, a bastion of cronyism, to its full and former glory.

Appointing enough board members to give Ex-Im a full quorum would instantly restore the agency’s ability to sign off on deals above $10 million for the benefit of a handful of very large foreign and domestic corporations. By resisting, the two senators are fighting a lonely fight on behalf of the unseen victims of corporate welfare.

Ludendorff Plans for a Spring Offensive I THE GREAT WAR – Week 179

Filed under: Europe, Germany, History, Italy, Military, Russia, WW1 — Tags: , , — Nicholas @ 04:00

The Great War
Published on 28 Dec 2017

This week, the peace negotiations are underway at Brest-Litovsk. Meanwhile, the German High Command begins to plan for a game-changing offensive in the spring. There’s action in Italy on the Piave Front, and the Ottomans try to recapture the Holy City.

Autopsy of the “Remain” campaign – but the rules only apply to the little people!

Filed under: Britain, Europe, Politics — Tags: , , , — Nicholas @ 03:00

It’ll be interesting to see if anything comes of this:

The Remain campaign flouted Electoral Commission rules so it could overspend by up to £7.5 million during the referendum, a Guido investigation can reveal. Over the next few days Guido will be looking at how the various Remain groups coordinated their messaging, campaign plans, data, materials and donations, causing them to overspend by more than double the legal limit. Sorry Electoral Commission HQ, you’re going to have to come back early from your Christmas holidays…

The Electoral Commission rules are clear: if one campaign “coordinates [its] activity with another campaigner”, then they are “highly likely to be working together”. This definition of “working together” is important, because the Electoral Commission also says: “the lead campaign group must count all of the spending of all the campaigners it works together with towards its own limit”. Guess what… they didn’t.

Two books provide detailed accounts of a number of Remain campaigns coordinating plans and working together in the weeks leading up to the referendum. Tim Shipman’s All Out War reveals “[Craig] Oliver led an early-morning conference call for the media teams at 6.15am. At 7.30am there was a second conference call, in which Stronger In would tell Labour In, Conservatives IN and the Liberal Democrats about their plans for the day”. This clearly counts as “coordinating” and “working together” under the Electoral Commission’s definition.

How to make a Rag-in-a-can Oiler | Paul Sellers

Filed under: Tools, Woodworking — Tags: , — Nicholas @ 02:00

Paul Sellers
Published on 8 Feb 2017

Paul demonstrates how to make a Rag-in-a-can Oiler. A useful accessory for smoothing cuts with saws and planes.

For more information on these topics, see https://paulsellers.com or https://woodworkingmasterclasses.com

QotD: Post-structuralism

Another problem in 1970s academe was a job recession in the humanities that arose just as deconstruction and post-structuralism arrived from Europe. The deconstructionist trend started when J. Hillis Miller moved from Johns Hopkins University to Yale and began bringing Jacques Derrida over from France for regular visits. The Derrida and Lacan fad was followed by the cult of Michel Foucault, who remains a deity in the humanities but whom I regard as a derivative game-player whose theories make no sense whatever about any period preceding the Enlightenment. The first time I witnessed a continental theorist discoursing with professors at a Yale event, I said in exasperation to a fellow student, “They’re like high priests murmuring to each other.” It is absurd that that elitist theoretical style, with its opaque and contorted jargon, was ever considered Leftist, as it still is. Authentic Leftism is populist, with a brutal directness of speech.

Post-structuralism, in asserting that language forms reality, is a reactionary reversal of the authentic revolutionary spirit of the 1960s, when the arts had turned toward a radical liberation of the body and a re-engagement with the sensory realm. By treating language as the definitive force in the world — a foolish thesis that could easily be refuted by the dance, music, or visual arts majors in my classes — post-structuralism set the groundwork for the present campus impasse where offensive language is conflated with material injury and alleged to have a magical power to create reality. Furthermore, post-structuralism treats history as a false narrative and encourages a random, fragmented, impressionistic approach that has given students a fancy technique but little actual knowledge of history itself.

Camille Paglia, “The Modern Campus Has Declared War on Free Speech”, Heat Street, 2016-05-09.

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