Quotulatiousness

November 20, 2023

The latest scam – Natural Asset Companies (NACs)

Filed under: Economics, Environment, Government, Politics, USA — Tags: , , , — Nicholas @ 05:00

Elizabeth Nickson on the US Securities and Exchange Commission’s plan to magic up some new ways to “financialize” national parks and other federally regulated places for the benefit of the hyper-wealthy and well-connected:

Soon to be a financially performing asset of BlackRock?
Grand Canyon of the Yellowstone, 21 June 2021. Photo by Grastel via Wikimedia Commons.

Delayed but not stopped, the U.S. government is planning a rule that allows for America’s protected lands, including parks and wildlife refuges, to be listed on the N.Y. Stock Exchange. Natural Asset Companies (NACs) will be owned, managed, and traded by companies like BlackRock, Vanguard, and even China.

The deadline was Friday, but earlier this week, the deadline was postponed until January. This is the usual criminal feint from the environmental movement and the administrative state. People are complaining? Let’s put it off till they go back to sleep. Then we will steal their birthright late at night, in precisely the manner we have stolen everything else.

[…]

The entire universe envies the lush interior of the U.S. Increasingly empty, it is filled with a cornucopia of minerals, fiber, food, waters, extraordinarily fertile soil as well as well-ordered, educated, mostly docile people. Worth in the quadrillions, if one could monetize and trade it, financialize it, the way the market has financialized the future labor of Americans, well, it would be like golden coins raining from the sky.

On October 4th, the Securities and Exchange Commission filed a proposed rule to create Natural Asset Companies (NACs). A twenty-one day comment period was allowed, which is half the minimum number of days generally required and when they postponed passing the rule, they did not extend the comment period. “Nope, shut up,” they said.

NACs will allow BlackRock, Bill Gates, and possibly even China to hold the ecosystem rights to the land, water, air, and natural processes of the properties enrolled in NACs. Each NAC will hold “management authority” over the land. When we are issued carbon allowances, owners of said lands will be able to claim tax deductions and will be able to sell carbon allowances to businesses, families and townships. In the simplest of terms, that’s where the money will be made. WE peons will be renting air from the richest people on earth.

The following are eligible for NACs: National Parks, National Wildlife Refuges, Wilderness Areas, Areas of Critical Environmental Concern, Conservation Areas on Private and Federal Lands, Endangered Species Critical Habitat, and the Conservation Reserve Program. Lest you think that any conserved land is conserved in your name, the largest Conservation organization in the U.S., is called The Nature Conservancy, or TNC, which, while being a 501(c)3, also holds six billion dollars of land on its books. Those lands have been taken using your money via donations and government grants, and transferred to the Nature Conservancy, which can do with those lands what it wills.

If this rule passes, America’s conserved lands and parks will move onto the balance sheets of the richest people in the world. Management of those lands will be decided by them and their operations, to say the least, will be opaque.

μολὼν λαβέ, buddy.

The Fact-Checkers found the phrase “kill switch” isn’t in the bill, “proving” it false

Filed under: Government, Media, Politics, USA — Tags: , , , , — Nicholas @ 04:00

Jon Miltimore has yet another example of “fact-checkers” carrying water for politicians to obscure actual facts when they’re politically inconvenient:

In November 2021, former US Representative from Georgia Bob Barr wrote a little-noticed political column claiming that buried inside President Joe Biden’s $1 trillion bipartisan infrastructure legislation was a dangerous provision that would go into effect in five years.

“Marketed to Congress as a benign tool to help prevent drunk driving, the measure will mandate that automobile manufacturers build into every car what amounts to a ‘vehicle kill switch'”, wrote Barr, who was the Libertarian Party’s nominee for president in 2008.

Like most Americans, I had never heard of this alleged “kill switch” until a few days ago when Representative Thomas Massie, a libertarian-leaning Republican, proposed to strip the mandate’s funding.

“The right to travel is fundamental, but the government has mandated a kill-switch in new vehicles sold after 2026,” said Massie. “The kill-switch will monitor driver performance and disable cars based on the information gathered.”

Nineteen Republicans joined all but one Democrat in opposing Massie’s amendment, which failed.

True or False?

The claim that the feds would mandate that every new motor vehicle include technology that could disable the vehicle seemed ludicrous. So I started Googling.

To my relief, I saw several fact-checkers at legacy institutions had determined the “kill switch” mandate was not true.

“Our rating: False,” said USA Today.

“ASSESSMENT: False,” said the Associated Press.

“We rate it Mostly False,” concluded PolitiFact.

(Snopes, a reliably left-leaning fact check group, was a little less conclusive, saying the claim was a “mixture” of true and false.)

Unfortunately, my relief evaporated once I looked at the bill itself.

Sec. 24220 of the law explicitly states: “[T]o ensure the prevention of alcohol-impaired driving fatalities, advanced drunk and impaired driving prevention technology must be standard equipment in all new passenger motor vehicles.”

The legislation then goes on to define the technology as a computer system that can “passively monitor the performance of a driver of a motor vehicle” and can “prevent or limit motor vehicle operation if an impairment is detected” (emphasis added).

How the system will make this determination is unclear, as is the government’s potential role in apprehending suspected drunk drivers (more on that later).

But the law’s language could not be more clear: New motor vehicles must have a computer system to “monitor” drivers, and the system must be able to prevent vehicle operation if it detects impairment.

“[W]hen low status people express the truth, it sometimes becomes high status to lie”

Filed under: Media, Politics — Tags: , , — Nicholas @ 03:00

Rob Henderson explains some of the reasons smart people can believe dumb ideas:

Many have discovered an argument hack. They don’t need to argue that something is false. They just need to show that it’s associated with low status. The converse is also true: You don’t need to argue that something is true. You just need to show that it’s associated with high status. And when low status people express the truth, it sometimes becomes high status to lie.

In the 1980s, the psychologists Richard E. Petty and John T. Cacioppo developed the “Elaboration Likelihood Model” to describe how persuasion works. “Elaboration” here means the extent to which a person carefully thinks about the information. When people’s motivation and ability to engage in careful thinking is present, the “elaboration likelihood” is high. This means people are likely to pay attention to the relevant information and draw conclusions based on the merits of the arguments or the message. When elaboration likelihood is high, a person is willing to expend their cognitive resources to update their views.


Two paths to persuasion

The idea is that there are two paths, or two “routes”, to persuading others. The first type, termed the “central” route, comes from careful and thoughtful consideration of the messages we hear. When the central route is engaged, we actively evaluate the information presented, and try to discern whether or not it’s true.

When the “peripheral” route is engaged, we pay more attention to cues apart from the actual information or content or the message. For example, we might evaluate someone’s argument based on how attractive they are or where they were educated, without considering the actual merits of their message.

When we accept a message through the peripheral route, we tend to be more passive than when we accept a message through the central route. Unfortunately, the peripheral route is more prevalent because we are exposed to an increasingly large amount of information.

The renowned psychologists Susan Fiske and Shelley Taylor have characterized humans as “cognitive misers”. They write, “People are limited in their capacity to process information, so they take shortcuts whenever they can”.

We are lazy creatures who try to expend as little mental energy as possible.

And people are typically less motivated to scrutinize a message if the source is considered to be an expert. We interpret the message through the peripheral route.

This is one reason why media outlets often appoint experts who mirror their political values. These experts lend credibility to the views the outlet espouses. Interestingly, though, expertise appears to influence persuasion only if the individual is identified as an expert before they communicate their message. Research has found that when a person is told the source is an expert after listening to the message, this new information does not increase the person’s likelihood of believing the message.

It works the other way, too. If a person is told that a source is not an expert before the message, the person tends to be more skeptical of the message. If told the source is not an expert after the message, this has no effect on a person’s likelihood of believing the message.

This suggests that knowing a source is an expert reduces our motivation to engage in central processing. We let our guards down.

As motivation and/or ability to process arguments is decreased, peripheral cues become more important for persuasion. Which might not bode well.

However, when we update our beliefs by weighing the actual merits of an argument (central route), our updated beliefs tend to endure and are more robust against counter-persuasion, compared to when we update our beliefs through peripheral processing. If we come to believe something through careful and thoughtful consideration, that belief is more resilient to change.

This means we can be more easily manipulated through the peripheral route. If we are convinced of something via the peripheral route, a manipulator will be more successful at using the peripheral route once again to alter our initial belief.

A Tour of the Excavations at Vindolanda

Filed under: Britain, History, Science — Tags: , , , — Nicholas @ 02:00

Scenic Routes to the Past
Published 4 Aug 2023

This spring, Dr. Andrew Birley gave me a tour of the ongoing excavations at Vindolanda, a Roman fort near Hadrian’s Wall.

Chapters:
0:00 Welcome to Vindolanda
4:41 The wooden underworld
7:13 Layers of history
9:03 Becoming part of the story

QotD: Flax and linen in the ancient and medieval world

Linen fabrics are produced from the fibers of the flax plant, Linum usitatissimum. This common flax plant is the domesticated version of the wild Linum bienne, domesticated in the northern part of the fertile crescent no later than 7,000 BC, although wild flax fibers were being used to produce textiles even earlier than that. Consequently the use of linen fibers goes way back. In fact, the oldest known textiles are made from flax, including finds of fibers at Nahal Hemar (7th millennium BC), Çayönü (c. 7000 BC), and Çatalhöyük (c. 6000 BC). Evidence for the cultivation of flax goes back even further, with linseed from Tell Asward in Syria dating to the 8th millennium BC. Flax was being cultivated in Central Europe no later than the second half of the 7th millennium BC.

Flax is a productive little plant that produces two main products: flax seeds, which are used to produce linseed oil, and the bast of the flax plant which is used to make linen. The latter is our focus here so I am not going to go into linseed oil’s uses, but it should be noted that there is an alternative product. That said, my impression is that flax grown for its seeds is generally grown differently (spaced out, rather than packed together) and generally different varieties are used. That said, flax cultivated for one purpose might produce some of the other product (Pliny notes this, NH 19.16-17)

Flax was a cultivated plant (which is to say, it was farmed); fortunately we have discussed quite a bit about farming in general already and so we can really focus in on the peculiarities of the flax plant itself; if you are interested in the activities and social status of farmers, well, we have a post for that. Flax farming by and large seems to have involved mostly the same sorts of farmers as cereal farming; I get no sense in the Greco-Roman agronomists, for instance, that this was done by different folks. Flax farming changed relatively little prior to mechanization; my impression reading on it is that flax was farmed and gathered much the same in 1900 BC as it was in 1900 AD. In terms of soil, flax requires quite a lot of moisture and so grows best in either deep loam or (more commonly used in the ancient world, it seems) alluvial soils; in both cases, it should be loose, unconsolidated “sandy” (that is, small particle-sized) soil. Alluvium is loose, often sandy soil that is the product of erosion (that is to say, it is soil composed of the bits that have been eroded off of larger rocks by the action of water); the most common place to see lots of alluvial soil are in the flood-plains of rivers where it is deposited as the river floods forming what is called an alluvial plain.

Thus Pliny (NH 19.7ff) when listing the best flax-growing regions names places like Tarragona, Spain (with the seasonally flooding Francoli river) or the Po River Basin in Italy (with its large alluvial plain) and of course Egypt (with the regular flooding of the Nile). Pliny notes that linen from Sætabis in Spain was the best in Europe, followed by linens produced in the Po River Valley, though it seems clear that the rider here “made in Europe” in his text is meant to exclude Egypt, which would have otherwise dominated the list – Pliny openly admits that Egyptian flax, while making the least durable kind of linen (see below on harvesting times) was the most valuable (though he also treats Egyptian cotton which, by his time, was being cultivated in limited amounts in the Nile delta, as a form of flax, which obviously it isn’t). Flax is fairly resistant to short bursts of mild freezing temperatures, but prolonged freezes will kill the plants; it seems little accident that most flax production seems to have happened in fairly warm or at least temperate climes.

Flax is (as Pliny notes) a very fast growing plant – indeed, the fastest growing crop he knew of. Modern flax grown for fibers is generally ready for harvesting in roughly 100 days and this accords broadly with what the ancient agronomists suggest; Pliny says that flax is sown in spring and harvested in summer, while the other agronomists, likely reflecting practice further south suggest sowing in late fall and early winter and likewise harvesting relatively quickly. Flax that is going to be harvested for fibers tended to be planted in dense bunches or rows (Columella notes this method but does not endorse it, De Rust. 2.10.17). The reason for this is that when placed close together, the plants compete for sunlight by growing taller and thinner and with fewer flowers, which maximizes the amount of stalk per plant. By contrast, flax planted for linseed oil is more spaced out to maximize the number of flowers (and thus the amount of seed) per plant.

Once the flax was considered ready for harvest, it was pulled up out of the ground (including the root system) in bunches in handfuls rather than as individual plants […] and then hung to dry. Both Pliny and Columella (De Rust. 2.10.17) note that this pulling method tended to tear up the soil and regarded this as very damaging; they are on to something, since none of the flax plant is left to be plowed under, flax cultivation does seem to be fairly tough on the soil (for this reason Columella advises only growing flax in regions with ideal soil for it and where it brings a good profit). The exact time of harvest varies based on the use intended for the flax fibers; harvesting the flax later results in stronger, but rougher, fibers. Late-pulled flax is called “yellow” flax (for the same reason that blond hair is called “flaxen” – it’s yellow!) and was used for more work-a-day fabrics and ropes.

Bret Devereaux, “Collections: Clothing, How Did They Make It? Part I: High Fiber”, A Collection of Unmitigated Pedantry, 2021-03-05.

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