Quotulatiousness

February 29, 2012

Ireland introduces the doomsday scenario: allowing voters to have a say on the Euro

Filed under: Europe, Government, Law — Tags: , , , , — Nicholas @ 09:33

The EU is not a democratic institution, and is actively hostile to any attempt to consult the people as it tries to become a super-state. Ireland just tossed a medium-sized spanner into the works:

Premier Enda Kenny said Dublin was acting on legal advice from Ireland’s attorney-general that “on balance” the fiscal compact requires a vote under the country’s constitution. “It gives the Irish people the opportunity to reaffirm Ireland’s commitment to membership of the euro,” he told ashen-faced members of the Dail.

All three major parties back the treaty but analysts say there is a high risk of rejection by angry voters in the current fractious mood. The compact gives the EU intrusive powers to police the budgets of debtor states, and has been denounced as feudal bondage by Sinn Fein and Ireland’s vociferous eurosceptics. The Irish voted “No” to both the Nice and Lisbon treaties before being made to vote again. Dublin has ruled out a second vote this time.

The Taoiseach’s announcement sent the euro into sharp dive against the dollar, though it rebounded later. Europe’s leaders thought they had tweaked the wording of the text just enough to avoid an Irish vote.

Note that last sentence closely. Avoiding consulting the very people who’ll be most affected is standard practice in the EU. Good for Ireland that they aren’t willing to be steamrolled yet again.

February 28, 2012

Yet another death due to excessive concern for ‘elf an’ safety issues

Filed under: Britain, Bureaucracy, Government, Health — Tags: , , — Nicholas @ 14:25

Bagehot blogs about the unhealthy results of paying too close attention to the health and safety regulations:

[T]he Mail on Sunday ran an interesting feature this weekend about a different example of what certainly sounded like a health and safety overreaction. It told the tale of a man who drowned in a shallow boating pond in his local park, after suffering an epileptic seizure while feeding swans. A passer-by (a woman who was in charge of a small child so did not dare enter the pond) called the emergency services. But the first firemen to show up announced that they only had Level One training, for ankle-deep water, and needed to wait for a specialist team with Level Two training for chest-deep water. By the time that team arrived, the man had been floating in the pond for 37 minutes. While waiting for that specialist help, the same firemen also strongly urged a policeman not to attempt a rescue in the pond, even refusing to lend the policeman a life-vest. Then the policeman’s control room told him not to enter the water, as the victim had been in the pond so long that it was a body retrieval mission, not a rescue.

The MoS, which sent its reporter out into the same pond equipped with no more than rubber waders, called it a story that “shames Britain”. Certainly its photograph of the eventual retrieval of the poor victim’s body, featuring 25 separate emergency workers, an inflatable tent, several fire engines and a helicopter, is suggestive of an over-reaction after an under-reaction.

It is tempting to conclude that Britain has fallen into a serious problem with regulation, red tape and crippling risk-aversion. Certainly, the newspapers have recently been filled with all manner of depressing stories about pancake races being cancelled, policemen being urged not to pursue criminals onto roof tops, party bunting being outlawed or council workers refusing to mount shoulder-height step ladders to fix broken signs without logistical back-up once reserved for the cleaning of the Sistine Chapel ceiling.

[. . .]

All of which is sensible. You don’t have to be a wild-eyed libertarian to suspect that something has gone wrong with the management of risk in Britain. It is also depressing to see so many advertisements for ambulance-chasing lawyers, urging anyone who has had the smallest accident to sue. Anecdotally, members of parliament grumble about the role played by some insurance companies who hold special advice-sessions on liability for local councils, seeking to terrify them into taking out expensive cover and in the process filling the heads of municipal bosses with all manner of scare stories.

But listening to my rather cautious Jersey host, and reading the MoS report of the pond rescue, I found myself wondering if the British character may not also play a role. Read the report by Lord Young, or even the detail of the admirably comprehensive Mail report, and the rules themselves are sometimes less the problem than their interpretation. It turns out that emergency workers can break all sorts of health and safety rules when lives are at stake, without fear of prosecution, for example. And those guidelines on Level One and Level Two water training were intended for rescuers in fast-moving flood waters, the inquest into the pond case was told.

Did Greece get bailed out or did it default? A little from column A and a bit from column B

Filed under: Economics, Europe, Government, Greece, Politics — Tags: , , , — Nicholas @ 09:56

Detlev Schlichter explains what happened in the “big fat Greek bailout”:

Greece was bailed out for the second time in four months. Or did it default? Well, a bit of both, I guess.

All bondholders are equal. But some are more equal than others. If you are the ECB, your Greek bonds were exchanged, par for par, for new Greek bonds, and you can go on pretending that they are worth their principal amount. You won’t have to report a loss for now. But if you are a ‘private’ entity — and that is a rather loosely used term these days as it includes the banking industry which is either now partially owned by the state or to a considerable degree dependent on ongoing support from the lender-of-last resort — more than half your Greek investment was wiped out. So Greece defaulted. But as you ‘agreed’ to the ‘haircut’ it was in fact a ‘voluntary restructuring’, although you really had no choice.

[. . .]

I guess we shouldn’t lose sight of the fact that Greece’s economic model is fundamentally unsustainable, whichever way you cut it. Greece has been living beyond its means for a long time, and has managed to do so by flying under air-cover of the EMU project and with the tailwind of cheap credit and easy money. Spending by the Greek state accounts for more than half of registered economic activity, and a third of the workforce is employed by the public sector. ‘Activities’ are being subsumed under the heading of ‘Greek GDP’ that nobody would voluntarily pay for, that are to a large degree wasteful, and that are simply unaffordable under anything but the most bizarrely generous credit conditions, i.e. precisely those that Greece enjoyed from 2001 to 2008. Easy money has been used to paper over grave economic imbalances. Some of what is generously labelled ‘GDP’ should be discontinued — and fast.

To even suggest that such an economic model would be manageable if Greece, a country with about three quarters of the population of metropolitan Los Angeles but with less than half of L.A.’s GDP, only had its own paper currency and could inflate and devalue to its heart’s content, is economically illiterate. No country ever prospered by running budget deficits funded by the printing press or by creating domestic inflation. Devaluing your currency may give your exporters a shot in the arm — for about five minutes. But it scares your domestic savers away for years to come and severely diminishes your ability to keep or attract capital, the backbone of any sustainable economic model. To even try and attempt to ‘inflate away’ a debt load worth 160 percent of a generously calculated GDP would cause economic damage of gigantic proportion. One must have swallowed the Keynesian mythology of deficit-spending whole to believe that the country could borrow and print itself out of this mess. A proper default on its existing debt and rebuilding from a lower base — but with a hard currency — are the better options.

February 27, 2012

Matt Ridley reviews Watermelons by James Delingpole

Filed under: Books, Economics, Environment, Government, Liberty, Media — Tags: , , , — Nicholas @ 12:11

In short, he likes it and thinks it deserves your attention:

With each passing year it becomes clearer that the cure for global warming is worse than the disease. While wind power and biofuels devastate ecosystems and economies, temperatures and sea levels rise ever more slowly, just as the greenhouse theory — minus feedbacks — predicts. As James Delingpole acutely observes, the true believers are left with a version of Pascal’s wager embodying a ‘dismally feeble grasp of cost-benefit analysis’: that, however unlikely it is, the potential cost of global warming is so high that anything is justified.

[. . .]

In keeping with that tradition, sometimes he goes too far. Before 2009, I had more sympathy for his targets. But the leaked emails of ‘Climategate’ — a word that Delingpole popularised — and the official whitewashes of that episode leave no doubt about the tactics that have been used by the climate orthodoxy to bully doubters and suppress dissent, while raking in money from carbon indulgences. This church deserves a rude Luther.

[. . .]

To Delingpole’s surprise as well as the reader’s, this book is not really about climate change after all. As he digs deeper into the writings of the Club of Rome and their ambitious disciples (such as John Holdren, science adviser to Barack Obama, and Maurice Strong, first director of the UN Environmental Programme, godfather of both the Rio Conference of 1992 and the Kyoto treaty of 1997, and deviser of the Earth Charter to replace the Ten Commandments — who moved to China at the moment that he was implicated in the Iraqi ‘oil for food’ scandal), Delingpole finds he cannot avoid an uncomfortable conclusion:

    Look, when I began researching this book, I thought it was going to be about Climategate and global warming — not some massive international plot to destroy Western Civilisation and replace it with some grisly New World Order based on rationed resources, enforced equality and the return of the barter system. Unfortunately, though, the weight of evidence was against me. So brazenly open are the leading ideologues of the green movement about their plans for New World Order, I’m not even sure the word ‘conspiracy’ properly applies.

The grand green faith has two commandments: that humanity is the problem not the solution; and that international central planning is the solution, not the problem.

February 26, 2012

The Freeman: An open letter to statists everywhere

Filed under: Economics, Government, Liberty, Politics, USA — Tags: , , — Nicholas @ 12:09

In a posting from twelve years ago, Lawrence W. Reed has some questions he’d like statists to answer:

You clever guys are always coming up with new schemes for government to do this or that, to address this issue or solve that problem, or fill some need somewhere. You get us limited-government people bogged down in the minutiae of how your proposed programs are likely to work (or not work), and while we’re doing the technical homework you seldom do, you demonize us as heartless number crunchers who don’t care about people.

Sometimes we all get so caught up in the particulars that we ignore the big picture. I propose that we step back for a moment. Put aside your endless list of things for government to do and focus on the whole package. I need some thoughtful answers to some questions that maybe, just maybe, you’ve never thought much about because you’ve been too wrapped up in the program du jour.

At the start of the 1900s, government at all levels in America claimed about 5 percent of personal income. A hundred years later, it takes more than 40 percent — up by a factor of eight. So my first questions to you are these: Why is this not enough? How much do you want? Fifty percent? Seventy percent? Do you want all of it? To what extent do you believe a person is entitled to what he (or she) has earned?

[. . .]

This raises a whole series of related questions about how you see the nature of government and what you’ve learned, if anything, from our collective experiences with it. I see the ideal government as America’s founders did — in Washington’s words, a “dangerous servant” employing legalized force for the purpose of preserving individual liberties. As such, it is charged with deterring violence and fraud and keeping itself small, limited, and efficient. How can you profess allegiance to peace and nonviolence and at the same time call for so much forcible redistribution?

Who is destroying the archaeological remains of Saudi Arabia?

Filed under: Government, History, Middle East, Religion — Tags: , , , , — Nicholas @ 10:17

The Saudi government:

News that David Kennedy, an Australian scholar, has succeeded in identifying almost 2,000 unexplored archaeological sites using Google Earth has focused attention on the wages of that battle: the destruction of Saudi Arabia’s own heritage More than 90 per cent of the archaeological treasures of the holy cities of Mecca and Medina, experts estimate, have been demolished to make way for hotels, apartment blocks and parking facilities.

The $13 billion project that led to a wave of demolitions in the middle of the last decade was part of an effort to modernise infrastructure in the ancient cities, where millions of pilgrims gather for the Hajj each year.

Sami Angawi, an expert on Arabian architecture, lamented that history had been ” bulldozed for a parking lot”. “We are witnessing now the last few moments of the history of Mecca,”, he said.

The Kingdom’s ultraconservative clerics believe that the veneration of ancient sites associated with the Prophet Mohammad and his family is heretical, and want potential shrines obliterated.

In October last year, a Saudi clerical body was reported to have renewed long-standing calls for the demolition of several historic Islamic sites — including the birthplace of the Prophet Muhammad and the grave of his mother.

H/T to Ghost of a Flea for the link and the embedded video.

I’m reminded of a post at the old blog from February, 2006:

This is a cool part-time job

Elizabeth’s cousin Ross emailed her the other day to describe a new part-time job he’s taken on:

    I have got myself another part-time flying job. It is flying a 1968 Cessna 172 (old single engine piston) for English Heritage. The job is aerial photography of ancient earth works/listed buildings/standing stones etc. etc. How good is that for a job?

    I was up last Friday afternoon and the dude was photographing an iron age settlement in one of the villages less than 5 miles from ours. We have been shoeing in the village for years and had no idea. [After leaving the army, Ross became a farrier.] In fact one of the old farms that we have shod in has been demolished ready for development and the developers have allowed an archaeological dig to go in before they build.

    From the air, with the low sun, you could easily see the outlines of the old settlement and ridge and furrow ploughing. I believe we will even go as far as Carlisle and Hadrian’s Wall. It is only where and when the weather is right and they have a target to shoot, but having done one flight for them I am looking forward to my next, whenever that may be.

    The drill is, you fly to the target, circle it until the dude works out the best angle for the shot. He then opens the window while you bank the aircraft and hangs out and shoots.

It certainly sounds like a much more interesting job than being a flying truck driver!

Disaster preparedness, Wyoming style

Filed under: Economics, Government, Politics, USA — Tags: , , , , — Nicholas @ 08:56

Wyoming legislators are serious about their state being prepared for disaster:

State representatives on Friday advanced legislation to launch a study into what Wyoming should do in the event of a complete economic or political collapse in the United States.

House Bill 85 passed on first reading by a voice vote. It would create a state-run government continuity task force, which would study and prepare Wyoming for potential catastrophes, from disruptions in food and energy supplies to a complete meltdown of the federal government.

The task force would look at the feasibility of Wyoming issuing its own alternative currency, if needed. And House members approved an amendment Friday by state Rep. Kermit Brown, R-Laramie, to have the task force also examine conditions under which Wyoming would need to implement its own military draft, raise a standing army, and acquire strike aircraft and an aircraft carrier.

H/T to Hit & Run where they comment with just the right level of absurdity: “The aircraft carrier is a nice touch. I suppose if it’s a big enough disaster, Wyoming might become a coastal state.”

Update, 29 February: Sadly the bill failed on third reading, so Wyoming won’t be pursuing its own aircraft carrier:

It appears that, on reflection, the Wyoming House of Representatives has decided the risk of invasion by its neighbors is remote enough that it can do without its own armed forces for now, and in particular does not need to consider whether an aircraft carrier might come in handy. I was informed, I think by Rep. Brown himself, that the bill was “defeated on third reading and exists no more.”

[. . .]

Rep. Brown was not a sponsor of the bill, although he does seem to have voted for it on the first reading; he later offered the aircraft-carrier amendment, and then voted against the whole thing today. So, although he hasn’t confirmed it yet, it does look like he may be one of those relatively rare legislators with both a sense of humor and the will to express it in a piece of legislation (which he knew would be deleted). It’s nice to be able to get humor out of a legislature this way for once.

February 25, 2012

Burger King latest corporation to pull out of UK work experience program

Filed under: Britain, Bureaucracy, Economics, Government — Tags: , , , , , — Nicholas @ 10:14

The British government’s work experience program for unemployed would-be workers loses another employer:

The fast food giant said it had decided to cease its involvement in the Get Britain Working programme because of recent concerns expressed by the public.

The scheme has attracted growing criticism in recent weeks with opponents describing it as a form of slave labour because young people worked for nothing, while keeping their benefits.

Burger King said it had registered for the programme six weeks ago intending to take on young people for work experience at its Slough headquarters, but had not recruited anyone.

It sounds like the program was well intended — allowing people without work experience to at least have something to put down on a resumé — but fails the PR test because the corporation is seen as “getting work for nothing”. And, without a doubt, some corporations will use the program in exactly that way. Despite that, on balance it seems that the potential benefit to young entrants to the work force is greater than the actual benefit to the companies that get that “free labour”.

The value of that “free labour” may well be lower than the costs to the employer for training them: new employees with no marketable skills are not the bonanza of profit that some seem to think that they are. Some people I worked with early in my working life could be proven to be a net loss for months after hiring …

Reason.tv: Banning drugs, banning same-sex marriage, and banning fun

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

February 24, 2012

Argentina, like China, publishes unreliable economic statistics

Filed under: Americas, Economics, Government, Media — Tags: , , — Nicholas @ 11:27

The Economist has finally decided to stop using “official” economic statistics from Argentina:

Imagine a world without statistics. Governments would fumble in the dark, investors would waste money and electorates would struggle to hold their political leaders to account. This is why The Economist publishes more than 1,000 figures each week, on matters such as output, prices and jobs, from a host of countries. We cannot be sure that all these figures are trustworthy. Statistical offices vary in their technical sophistication and ability to resist political pressure. China’s numbers, for example, can be dodgy; Greece underreported its deficit, with disastrous consequences. But on the whole government statisticians arrive at their figures in good faith.

There is one glaring exception. Since 2007 Argentina’s government has published inflation figures that almost nobody believes. These show prices as having risen by between 5% and 11% a year. Independent economists, provincial statistical offices and surveys of inflation expectations have all put the rate at more than double the official number. The government has often granted unions pay rises of that order.

What seems to have started as a desire to avoid bad headlines in a country with a history of hyperinflation has led to the debasement of INDEC, once one of Latin America’s best statistical offices. Its premises are now plastered with posters supporting the president, Cristina Fernández de Kirchner. Independent-minded staff were replaced by self-described “Cristinistas”. In an extraordinary abuse of power by a democratic government, independent economists have been forced to stop publishing their own estimates of inflation by fines and threats of prosecution. Misreported prices have cheated holders of inflation-linked bonds out of billions of dollars.

February 23, 2012

Reason.tv: Months later, still no charges in the Gibson Guitar raid

Filed under: Bureaucracy, Government, Law, USA, Woodworking — Tags: , , , , — Nicholas @ 13:36

Earlier posts on the Gibson raid here, here, here, and here.

Thomas Sowell on the “Fairness Fraud”

Filed under: Government, Media, USA — Tags: , , — Nicholas @ 11:49

It’s become endemic in political discourse — the “fairness” argument. Thomas Sowell explains why it’s a fraud:

During a recent Fox News Channel debate about the Obama administration’s tax policies, Democrat Bob Beckel raised the issue of “fairness.”

He pointed out that a child born to a poor woman in the Bronx enters the world with far worse prospects than a child born to an affluent couple in Connecticut.

No one can deny that. The relevant question, however, is: How does allowing politicians to take more money in taxes from successful people, to squander in ways that will improve their own reelection prospects, make anything more “fair” for others?

[. . .]

To ask whether life is fair — either here and now, or at any time or place around the world, over the past several thousand years — is to ask a question whose answer is obvious. Life has seldom been within shouting distance of fair, in the sense of even approximately equal prospects of success.

Countries whose politicians have been able to squander ever larger amounts of a nation’s resources have not only failed to make the world more fair, the concentration of more resources and power in these politicians’ hands has led to results that were often counterproductive at best, and bloodily catastrophic at worst.

More fundamentally, the question whether life is fair is very different from the question whether a given society’s rules are fair. Society’s rules can be fair in the sense of using the same standards of rewards and punishments for everyone. But that barely scratches the surface of making prospects or outcomes the same.

February 22, 2012

“Mr. Toews encapsulated both the intellectual bankruptcy of the post-9/11 security/freedom equation and the capricious, self-indulgent doltishness that sometimes infects the Conservative government’s policymaking”

Filed under: Cancon, Government, Liberty, Media, Technology — Tags: , , , , , — Nicholas @ 11:19

Chris Selley in the National Post on the disappointing moment at the start of the fight against C-30, the Canadian government’s internet bill that would eviscerate what little privacy protection still exists:

The most disappointing moment in the otherwise heartening backlash against the Protecting Children from Online Predators Act came right at the beginning, immediately after Public Safety Minister Vic Toews issued his immortal Question Period ultimatum. Mr. Toews was defending a law that would, among other things, allow government agents to march into your Internet service provider, without a warrant, and “examine any document, information or thing.” In this regard, he said Liberal MP Francis Scarpaleggia, and by extension all Canadians, “can either stand with us or with the child pornographers.”

He deserved — Canadian democracy deserved — nothing less than a humiliating, well-crafted, immediate putdown. He didn’t even get a “for shame.”

[. . .]

In a dozen words, Mr. Toews encapsulated both the intellectual bankruptcy of the post-9/11 security/freedom equation and the capricious, self-indulgent doltishness that sometimes infects the Conservative government’s policymaking. Any high school student should be able to identify and debunk the fallacy Mr. Toews was employing; to defend the intrinsic value of freedom and privacy; to articulate the dangers of handing governments excessive and unnecessary powers.

[. . .]

So, I think Mr. Toews’ comment sealed the deal. In the light of day, the War on Terror-era “you’re with us or you’re with the terrorists” argument is cringe-inducing; sub in criminals for terrorists and it’s laughable. More importantly, though, I suspect Mr. Toews finally confirmed a certain suspicion among many Canadians: When the government tells you it needs to limit your privacy or freedom, what it probably means is that it wants to limit your privacy and freedom and thinks you won’t put up a fight. It’s delightful to see this government proved wrong.

February 21, 2012

First it was the “he-cession”: now it’s the “she-cession” in Ontario

Filed under: Bureaucracy, Cancon, Economics, Government — Tags: , , , , — Nicholas @ 11:47

Frances Woolley in the Globe & Mail Economy Lab says that the next phase of Ontario’s recovery from the 2008 recession will disproportionally fall on women:

Men were hit hard by the 2008-9 economic downturn, with losses of construction jobs (98 per cent male), transport jobs (90 per cent male), and manufacturing jobs (70 per cent male). Male unemployment rose so quickly that people began to talk about a “he-cession.”

Three years on, a tenuous “he-covery” seems to be under way – male unemployment rates fell last year, and the percentage of men with jobs rose.

Now it’s the ladies’ turn. Ontario’s Drummond Report calls for deep cuts to financial, administrative and secretarial jobs throughout the public service. Strictly speaking, the report recommends cutting costs; automating, streamlining and consolidating the delivery of services. Yet administrative costs equal administrative jobs — jobs that are, 8 times out of 10, held by women.

The bulk of Ontario government spending goes to MUSH — Municipalities, Universities, Schools and Hospitals. Overall spending cannot be reduced substantially without making cuts in these areas. There are about 280,000 teachers and professors in Ontario, and 65 per cent of them are female. The Drummond report recommends larger class sizes for elementary and secondary school teachers, and “flexible” teaching loads for university professors. Yet more students per teacher mean fewer teaching jobs. Just as a downturn in the construction sector leads to male unemployment, a downturn in the teaching sector leads to female unemployment.

Death on the railways

Filed under: Economics, Government, India, Railways — Tags: — Nicholas @ 11:37

I didn’t realize the extent of the problem in India, as reported in the Guardian:

About 15,000 people are killed each year while crossing the tracks on India’s mammoth railway network, according to a government safety panel that recommended more bridges and overpasses should be built as a matter of urgency.

Most of the deaths occur at unmanned railroad crossings, the panel said in a report. About 6,000 people die on Mumbai’s crowded suburban rail network alone, it said.

Another 1,000 people die when they fall from crowded coaches, when trains collide or coaches derail.

[. . .]

The committee blamed railway authorities for the “grim picture”, saying there were lax safety standards and poor management.

It said local managers were not given adequate power to make crucial decisions and that safety regulations were also breached because of severe manpower shortages.

It does seem odd that one of the world’s most populous countries — once known for chronic over-staffing of government and government-owned organizations — has “manpower shortages” in this critical area.

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