The Jaded Developer no longer works here

Friday, December 05, 2008

That's all folks

I think I'm done with this blog. It's neat having a record of what's interested me over the past 5 years, but I'm getting bored with it. I think I want more of a conversation and sites like Facebook are better for that.

I'll leave you, my tens of readers, with a funny comment from the Calculated Risk blog.

Lawrence Livermore Laboratories has discovered the heaviest element yet known to science. The new element, Governmentium (symbol=Gv), has one neutron, 25 assistant neutrons, 88 deputy neutrons, and 198 assistant deputy neutrons, giving it an atomic mass of 312. These 312 particles are held together by forces called morons, which are surrounded by vast quantities of lepton-like particles called peons. Since Governmentium has no electrons, it is inert. However, it can be detected, because it impedes every reaction with which it comes into contact. A tiny amount of Governmentium can cause a reaction that would normally take less than a second, to take from 4 days to 4 years to complete. Governmentium has a normal half-life of 2 to 6 years. It does not decay, but instead undergoes a reorganization in which a portion of the assistant neutrons and deputy neutrons exchange places.

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Thursday, December 04, 2008

Mish vs. The Auto Bailout

Stop The Auto Bailout Campaign - Phase Three. A concise list of the best reasons not to waste money on bailouts for the auto industry.

The airline industry did not stop flying when it went bankrupt and the auto companies will not stop producing cars if they go bankrupt. In fact, bankruptcies will eliminate the debt on the books decrease interest payments and make the companies more competitive, if and when they ever get around to producing autos that consumers want instead of what the manufactures want to produce.

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Wednesday, December 03, 2008

Me vs. the Dion

I hate the partisan crap that Harper pushed in a time like this, but I have to back the Conservatives in this fight since the opposition collation is promising to waste billions on bailouts.

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Friday, November 21, 2008

Mitt Romney vs. an Auto Bailout

Let Detroit Go Bankrupt. I agree.

Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course — the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses.

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Thursday, November 13, 2008

Time Magazine vs. an Auto Bailout

Is General Motors Worth Saving?

But ultimately, whether GM is dead or alive, the taxpayers are on the hook for billions, for everything from lost tax revenues to higher unemployment costs to taking over GM's pension obligations. The decision that Washington has to make is whether we pay for GM's survival or for its funeral.

Time provides an overview of what happens if GM is allowed to fail.

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Tuesday, November 11, 2008

Friedman vs. an Auto Bailout

How to Fix a Flat

They were interviewing Bob Nardelli, the C.E.O. of Chrysler, and he was explaining why the auto industry, at that time, needed $25 billion in loan guarantees. It wasn’t a bailout, he said. It was a way to enable the car companies to retool for innovation. I could not help but shout back at the TV screen: “We have to subsidize Detroit so that it will innovate?”

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Saturday, November 08, 2008

Greenspun vs. GM

Let G.M. go bankrupt

The rest of America will be taking pay cuts, losing jobs, giving discounts to customers, etc. What is special about G.M. that they should be able to live as though 2008 never happened?

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Monday, November 03, 2008

Voting Machine Horror

From Diebold touchscreen Voting machine - not fit for purpose?

If you’re like me, you may have read about the usability problems with the Diebold touchscreen voting machines in the States. Before I saw this video, I didn’t realise quite how serious the problems are.

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Tuesday, October 14, 2008

Tory Minority

A minority government for the Conservatives - not a horrible result. Canada has a lot of things that going well, so I can understand why people vote for the status quo. I don't mind the Conservatives much myself, with two major exceptions. First is their scary design for copyright. Second is my personal vow to never put an x by my candidate my representative out of respect for Maher Arar. Those reasons aside, my motivation for a protest vote was mostly from a desire for a reform of the whole election and representation system. And a frustration for not having any party I really like.

At least there's little doubt that Dion was a bad choice as leader of the Liberals. What were you reds thinking?

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Wednesday, October 08, 2008

Get Your War On

Bailout?! and Sarah Palin and the Rape Kits are my favorites. Yes rape is a serious subject, but that's point - know your candidates. I would hope the reality would be more shocking than the comic.

The US election is much more interesting entertaining than ours.

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Tuesday, October 07, 2008

Oh yah, there's an election here too

The four parties are each unappealing. Green seems like a possibility for a protest vote, but wouldn't it be great to actually have someone to vote for?

At least I see my Green candidate is actually an engineer and business owner.

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Friday, September 26, 2008

166 Economists vs. The Bailout

Hundreds of Economists Urge Congress Not to Rush on Rescue Plan

More than 150 prominent U.S. economists, including three Nobel Prize winners, urged Congress to hold off on passing a $700 billion financial market rescue plan until it can be studied more closely.

Including this interesting opinion:

``I suspect that part of what we're seeing in the freezing up of lending markets is strategic behavior on the part of big financial players who stand to benefit from the bailout,'' said David K. Levine, an economist at Washington University in St. Louis, who studies liquidity constraints and game theory.

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Tuesday, September 23, 2008

Mark Cuban vs. The Bailout

700Billion bailout ? Ebay it !

On the subject of executive compensation, if they need government bailout money, take away 100pct of exit pay and any bonuses. Let them quit if need be.

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Ron Paul vs. The Bailout

Commentary: Bailouts will lead to rough economic ride

I am afraid that policymakers today have not learned the lesson that prices must adjust to economic reality. The bailout of Fannie and Freddie, the purchase of AIG, and the latest multi-hundred billion dollar Treasury scheme all have one thing in common: They seek to prevent the liquidation of bad debt and worthless assets at market prices, and instead try to prop up those markets and keep those assets trading at prices far in excess of what any buyer would be willing to pay.

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Sen. Bunning vs. The Bailout

Bunning Declares The Free Market Dead

My great grandchildren will be saddled with the estimated $1 trillion debt left in the wake of this proposal.

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Monday, September 22, 2008

Sen. Sanders vs. The Bailout

Sen. Bernie Sanders, Robert Scheer and Dean Baker on the Proposed $700 Billion Bailout of Wall Street, the Largest Government Bailout of Private Industry in US History. All are good. This quote from Sanders in particular:

For years now, they’ve told us that we can’t afford—that the government providing healthcare to all people is just unimaginable; it can’t be done. We don’t have the money to rebuild our infrastructure. We don’t have the money to wipe out poverty. We can’t do it. But all of a sudden, yeah, we do have $700 billion for a bailout of Wall Street.

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Newt Gingrich vs. The Bailout

Before D.C. Gets Our Money, It Owes Us Some Answers

Congress was designed by the Founding Fathers to move slowly, precisely to avoid the sudden panic of a one-week solution that becomes a 20-year mess.

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Mish vs. The Bailout

Open Letter To Congress On The $700 Billion Paulson Bailout Plan. This letter that sums up a lot of his writing over the past year. Some choice quotes:

If printing money was the solution to all problems, Zimbabwe would be the most prosperous country in the world.
...taxpayers who pay their mortgages on time should not be subsidizing those who don't!
It should not be the role of Congress to promote housing vs. renting. The very act of doing so creates an artificial demand for housing.

And, his prediction is coming true:

The government/quasi-government body most responsible for creating this mess (the Fed), will attempt a big power grab, purportedly to fix whatever problems it creates. The bigger the mess it creates, the more power it will attempt to grab.

But it's not just warnings and I-told-you-so, he presents alternative ideas.

Reduce the capital gains tax by 50% for any investor willing to cash out stocks and invest in 5 year bank CDs. Eliminate the difference between long term and short term capital gains. Eliminate taxable interest on savings accounts, CDs, and US treasuries.
It is no secret that infrastructure in the US is decaying and needs to be fixed. A collapsing bridge in Minnesota is one key example. And what out our aging energy grid? Instead of giving $700 billion to banks that deserve to go under, I would rather give half that for jobs programs.

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Monday, August 11, 2008

Religulous

I'm really looking forward to seeing this movie

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Tuesday, July 08, 2008

Debunking third-world myths

TED: Hans Rosling: Debunking third-world myths with the best stats you've ever seen. Fascinating. Thanks Jack.

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Wednesday, June 18, 2008

Canadian DMCA

The Canadian DMCA: A Betrayal

Because in a country whose Supreme Court of Canada has emphasized the importance of balance between creators rights and user rights, the Canadian DMCA eviscerates user rights in the digital environment by virtually eliminating fair dealing. Under this bill, the right to copy for the purposes of research, private study, criticism, and news reporting virtually disappears if the underlying content is digitally locked.
Because in a country that rightly promotes the importance of education, the Canadian DMCA erects new barriers for teachers, students, and schools at every level who now face the prospect of infringement claims if they want to teach using digital media.
Because in a country that prioritizes privacy, the Canadian DMCA will render it virtually impossible to protect against the invasion of privacy by digital media companies. The bill includes an exemption for those that circumvent digital locks to protect their privacy, yet renders the tools needed to circumvent illegal. In other words, the bill gives Canadians the right to protect their privacy but prohibits the tools needed to do so.

Made-in-America copyright law

...If you record a TV show on a digital video recorder, the show must be deleted immediately after you watch it. It will become illegal to maintain a library of recordings or to lend copied material to family or friends.

I forgot that Bill C-61 was being presented while I was out of the country. It's worse than I had feared.

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Wednesday, May 14, 2008

Liar Liar

Lies We Tell Kids

Paul Graham has written many essays, many good, some excellent. As far as I'm concerned, this is the best yet. Thanks, Paul.

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Tuesday, May 13, 2008

Lightning II

I hope this means we're getting the F-35. It seems like the ideal fighter jet for a country that can only afford to have one kind. It also seems to make sense that we use the same plane as the US, UK, and other allies.

Canada has until 2012 to decide on purchasing the F-35, though they have already invested $150 million in the JSF program.

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Monday, April 07, 2008

Larry Lessig: How creativity is being strangled by the law

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Friday, March 28, 2008

How To Disagree

A nice ranking system for arguments from Paul Graham. Within I came across a new word, demagogy. I despise your strategy of demagogy you demagogue.

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Thursday, February 28, 2008

This stat should concern you

Report: 1 percent of U.S. adults behind bars

Using updated state-by-state data, the report said 2,319,258 adults were held in U.S. prisons or jails at the start of 2008 -- one out of every 99.1 adults, and more than any other country in the world.

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Friday, November 09, 2007

Ron Paul Schools Ben Bernanke (Again)

Warning: Heavy on the economics (which is the point). Ron Paul 2008

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Thursday, September 27, 2007

Promoting fair use of HD cable in Canada

I want my HD Tivo.

The US government mandates that providers there allow you to use any box (Tivo, a computer, etc) to view and record HD. Here you have to use the inferior, way overpriced hardware from your provider. No choice, no competition. For Shaw's HD PVR you have to pay $700 plus a monthly activation fee. Because of competition in the US they give that hardware away with your cable subscription.

See the Drop The Box website and the Facebook group for how you can help.

More on this issue here: A frank discussion on Cablecard in Canada:

Well imagine that someone from the cable company went to the store for you, said “I’ll take the cheapest one with the worst features” and then forced you to buy that (for a slight markup of course). Wouldn’t that make you mad?

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Tuesday, September 04, 2007

Cuban vs. O'Reilly

Add Mark Cuban's reply to an O'Reilly Factor producer to the reasons I admire him.

And to answer the question of why we distribute or get involved with politically charged movies ? Because I am a zealot that truly believes what JFK said and that I quoted in my last blog post. To paraphase, "A country afraid of the marketplace of ideas is a country afraid of its people". Its really easy to hate, its really hard to think issues through on their own merits. Anything that makes people think about issues is a good thing. I don't take sides, Diversity of information makes for more informed perspective and decisions.

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Tuesday, June 19, 2007

A Visual Guide to the US Budget

This poster breaks down the US budget with proportionate department graphics. You can browse it in detail online.

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Thursday, June 07, 2007

The latest Ron Paul interview by Tucker Carlson,

This short interview covers all the main reasons why I, an atheist, socially liberal, Canadian, geek blogger am rooting for an American Republican presidential candidate.

And his appearance on The Daily Show was great as well:

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Wednesday, May 09, 2007

71 virgins and some Gatorade

Jon director Pierre Rehov who interviewed attempted suicide bombers for his documentary Suicide Killers. I like his Nazi comparison at the end.

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The Republican candidate I'm watching

Ron Paul is a Republican Texas congressman, doctor, and 2008 presidential candidate. And quite the libertarian. On issues like the economy, foreign policy, security, and privacy, I like what he says.

He has earned the nickname "Dr. No" for voting against any bill he believes violates the Constitution. In the words of former Treasury Secretary William Simon, Paul is the "one exception to the Gang of 535" on Capitol Hill. He has never voted to raise taxes or congressional pay. He has always voted against the USA PATRIOT Act, the Military Commissions Act of 2006, and the Iraq War.

I'm still searching for more about the environment and foreign trade, but at this time he's the Republican that interests me the most. Here's some highlights from the MSNBC debate:

As a Canadian why do I care? My customer base is almost entirely in the United States, their economy and policy affect us, I have friends there, I travel there, and most importantly, I think the world would be a better, safer place with a US foreign policy of non-intervention. And hey, with all the cash involved, their elections are a lot more entertaining than ours.

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Tuesday, April 24, 2007

Bill O'Reilly "Interviews" Richard Dawkins

I put the word "Interview" in quotes because typical Bill, it's mostly him preaching.

Hitler was a lot of things, including one of the most evil figures history, but he was not an atheist. (The wikipedia link is intended only as an introduction). Anyway, the interview stayed more even-tempered than I thought it would.

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Gun Control: You're Both Wrong

Gun-Policy Advocates On Both Sides of Issue Push Dubious Figures

Prof. Lott wrote in an email that he counted less-severe incidents to get enough data for statistically significant results. He justifies his exclusion of gang murders because gun usage by chronic criminals "would not be directly affected by the passage of right-to-carry laws."

Another horrible tragedy and sadly another change for people to exploit it to push their issues. It was _____ fault!

From: A Reluctant Note on the Virginia Tech Shooting

All I know is that I hope that the next time something this terrible happens, there is some time and space set aside for hard, quiet reflection and mourning, and less attention paid to the shouters of every stripe.

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Tuesday, April 03, 2007

But thanks for trying

The Daylight Saving change: no savings, no point
The US government's plan to boost energy savings by moving Daylight Saving Time forward by three weeks was apparently a waste of time and effort, as the technological foibles Americans experienced failed to give way to any measurable energy savings.

I read estimates that put the cost of making the change between $500 million and $1 billion in the US. I guess we're at least looking busy when it comes to saving the environment.

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Thursday, January 25, 2007

Make War Your Friend, Part II

I don't know why I did a copy & paste of part I when they put it on their site. So for the second part I'll just link:

Make War Your Friend, Part II

First, let's discuss that word. Bush calls what he's doing now a War on Terror. Which is completely idiotic. Terrorism isn't an ideology, it's a method, a tactic. Having a war on terror is as ridiculous as having a war on cavalry charges or frontal assaults or commando raids. Terrorism may be defined as an attack on a society's non-combatants, with the intention of weakening their support for the status quo. It's a tactic that melds the political with the military, much as guerrilla warfare does. But what's new or strange about that? Clausewitz pointed out that war is nothing but the continuation of politics by other methods. Anybody can use terror, and most combatants do. We used terror extensively in WW2 with the fire bombings of places like Hamburg, Dresden and Tokyo, when there was no military reason for it. Terrorism was what the Phoenix Program in Vietnam was all about. Everybody accuses his enemy of terrorism. It only seems illegitimate when the terrorist isn't a recognized state.

All the newsletters are archived on their site. These articles make me wonder, "Am I a libertarian?"

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Wednesday, January 24, 2007

Make War Your Friend, Part I

I just read an interview with Doug Casey, Chairman of Casey Research, in a newsletter I subscribe to (and highly recommend). I have to post the whole thing here, it's that good.

Q.: It’s sort of hard to know where to start. One day, the country was ticking along, the next, September 12, 2001, we were up to our neck in a global war. In the beginning, there was an international outpouring of support for the U.S. Now we are increasingly isolated. What was the name of the truck that hit us? Or, put another way, what do you think were the controlling mindset and principles of the Bush administration that led us to this point?

A.: First let’s look at who’s been pulling the strings in Washington. The Bush Administration is overwhelmingly composed of Neocons.

They’re highly ideological academics and intellectuals who started off as hard-line socialists but converted to “conservatism” because they were bright enough to see socialism is a one-way street to universal poverty. But they don’t believe in free markets for any reason other than they generate more wealth for the people in charge to allocate—pretty much the same pragmatic approach taken by the Chinese Communist Party. And they never believed in personal freedom. Political hacks are pretty similar, no matter where you find them.

The Republicans in the U.S. have always pretended to believe in free markets while they nurtured the warfare state, but they were quite sincere in their disavowal of social freedoms. The Democrats, on the other hand, have always pretended to believe in social freedoms, and sometimes mounted weak rhetorical attacks on the warfare state, but they were quite sincere in their dislike of free markets. It was logical that, as Wolfowitz, Feith, Perle, and the rest of them saw the writing on the economic wall, they’d become Republicans. The Neocons, in other words, take most of the worst in both theory and practice from both parties. They’re fans of both the Welfare State and the Warfare State. They’re dangerous people.

In addition, almost all high-level Bush types are either Zionist Jews or Fundamentalist Christians, in either case reflexive and zealous supporters of the state of Israel. For myself, I have no problem with Israel going about its business; but I think the U.S. should treat it like any other of the world’s 200-odd countries.

Of course the U.S., as evidenced by the approximately $4 billion of aid it gives Israel every year, plus another $1.3 billion to bribe Egypt to be cordial toward Israel, has long treated the country as something approaching the 51st state. Bush has taken this to a new level.

Q.: How do Osama bin Laden and al-Qaeda fit into this?

A.: It’s funny, people talk about Osama bin Laden all the time. But nobody ever listens to him. This is very unwise, in that the single most important thing in a conflict is to understand your opponent’s mindset. Osama has said several times that he’s conducting his jihad for three rather simple and clear reasons. First, he wants foreign troops out of Islamic countries. Second, he wants foreign powers to stop propping up dictators in Islamic countries. Third, he wants foreign powers to cease their support of Israel, which he views as the usurper of Palestinian lands. These impress me as reasonable goals. He’s never said he’s fighting the U.S. because, as Bush seems to think, he “hates our freedom.”

Of course he loathes the U.S. and what it stands for, but that’s really got nothing to do with the actual reasons for his attacks.

The attacks were vastly more successful than Osama could have imagined—but only because of the Administration’s idiotic response. Bush immediately puts the world on notice they’re either “for us or against us,” then invades two small, primitive countries, neither of which had anything to do with the attack. This is followed up with all kinds of draconian measures at home and abroad—Abu Ghraib, Gitmo, snatching people on suspicion, the PATRIOT act, disregard for habeas corpus. Then, at least initially, the American people jumped on the jingoist bandwagon with their self-proclaimed war president and make a big deal of things like Freedom Fries. A hundred heavy-handed and pointless measures added up to convince people around the world that the U.S. had whooped itself into an out-of-control bully, undeserving of sympathy.

The U.S. likes to blame all terrorism on Osama and al-Qaeda. That’s because it makes the problem seem containable; it makes it seem as though there’s just one little group of bad guys the U.S. can track down and eliminate. That was once close to the truth. But now it’s just posturing. Today there are scores of Islamic groups all over the world, with similar worldviews and agendas. Of course they are all mutually sympathetic and try to support one another, but they’re completely independent. The way the U.S. has handled the problem is directly responsible for the metastasis.

Q.: You seem to think that Afghanistan wasn’t complicit in the 9/11 attacks. But there is a strong connection between Osama bin Laden and the Taliban, and even bin Laden himself said he was behind 9/11. So wasn’t some sort of punitive action called for?

A.: The first thing is to decide whether the events of 9/11 were an act of war by another state, or simply an act of criminality by independent actors. Clearly it was the latter. There’s no evidence whatsoever that the government of Afghanistan, run at the time by the Taliban, had anything at all to do with it. Is there a connection between the Taliban and Osama? Yes, of course. Osama was something of a national icon for helping to drive out the Soviet invaders in the ‘80s, which is why he was living there. But people forget that none of the 20 conspirators was an Afghan, and 15 of them, not to mention Osama himself, were Saudis. There was as much reason to attack Saudi Arabia as Afghanistan.

So we have an independent act of criminality with only an incidental tie to Afghans. And these are, incidentally, the same Afghans we armed and supported in their fight to evict the Soviets in 1980. At least the Soviets were invited in by the ruling government, as we were in Vietnam. Somehow we seem to think Afghans like our soldiers running around killing people and destroying property more than they liked the Russians doing the same thing. They don’t. The difference in political goals and the ideological distinctions between the U.S. and Russia are completely lost on these backward, religious, tribal people. So you can plan on the Afghan War growing ever larger and nastier.

Q.: Getting back to what should have been done…

A.: What should have been done if 20 IRA soldiers, or 20 Quebecois separatists, or 20 Colombian Mafiosi had done the same thing? It’s a crime, albeit a very large, spectacular and unusual one, but you treat it like a crime. The U.S. military is not suited for police work.

Few Americans realize that the Constitution provides for the issuance of “letters of marque,” that authorize private bounty hunters to bring pirates to justice. Outfits modeled on Pinkerton’s of the 19th century or Executive Outcomes of the 20th would be far more effective in dealing with al-Qaeda and vastly cheaper than a regular army. That, and less likely to invite retaliation against the U.S. itself. But who reads the Constitution anymore?

One interesting thing about al-Qaeda and its clones is that I think they’re indicative of the way the world is going to evolve. The nation-state, which is only an historical aberration in the big scheme of things, and a terrible idea, is on its way out. It’s going to be replaced by transnational groups of people who coalesce based on what’s important to them—religion, race, hobbies, philosophy, any of a million things that draw people together. Loyalties won’t be to a bunch of people who happen to share some government ID document, but to self-selected, and much stronger, groups. There’s a lot more I could say about this.

Q.: I think I know your answer this to one already, but why do you think the U.S. invaded Iraq? You’ve said that attacking Iraq for 9/11 would have been like bombing China for Pearl Harbor. So, why did we do it?

A.: Einstein said that, after hydrogen, stupidity was the most common thing in the universe. And I think that really is the best explanation. But Bush gave two reasons for the invasion. One, that Iraq was “linked” to al-Qaeda. Two, that Saddam was developing so-called Weapons of Mass Destruction. At the time I said that both excuses were pitifully transparent, even ridiculous, lies.

As to the first point, Saddam’s Baath regime was highly secular; the Baathists and the Islamic fundamentalists viewed each other as mortal enemies. True, they both had reason to distrust and dislike America in general, and the Bush regime in particular. But Saddam was precisely the type of Arab leader Osama wants to get rid off. The assertion they were “linked” is laughable.

The Weapons of Mass Destruction issue is more interesting. Anybody at all with some money, technical skill and motivation can develop biological and chemical weapons. Atomic weapons are more complex and expensive, but hardly rocket science in today’s world; the methods for making them are well known. My God, even North Korea, one of the most backward countries in the world, has done it. These things used to be lumped together as ABC (atomic, biological, chemical) weapons because they were unconventional. But only atomic weapons are actually capable of mass destruction. The WMD moniker was coined recently by the U.S. as a propaganda gimmick, to create an atmosphere of hysteria conducive to the war. It’s a stupid designation, but the press seems to like it. A classical artillery barrage, or a B-52 strike, is really much more of a WMD than chemical or biological weapons.

By the way, last November, there was a video released showing Saddam and his generals before the Iraq war, discussing the possible use of slingshots, Molotov cocktails and crossbows to fight back against the U.S. In the video, Saddam got quite excited about the idea of providing every Iraqi with a slingshot. So much for the scary WMDs.

In any event, was the fear of Saddam getting ABC weapons a reason to invade Iraq? Well, it wasn’t enough of a reason to invade Israel, India or Pakistan when they got them. The fact is that there are a couple dozen countries that could have a nuclear arsenal within a year if they wanted it. The nuclear weapons genie has long been out of the bottle.

And you don’t have to build them to own them. I’ll be quite surprised if some Russian general doesn’t sell some to a party with the right amount of cash. Or maybe some Russian sergeants, since they’re the ones who actually handle them. But the big danger here is Pakistan. The Islamic world views Musharraf as a stooge of the Americans. After he’s assassinated, the odds of which are very high, there’s no telling what will happen to Pakistan’s nuclear arsenal.

Bush’s rationale for invading Iraq has morphed from the Osama links and WMD’s to an altruistic desire to bring “democracy” to the Middle East. Like almost everything else the man says, it makes no sense. In the first place, democracy is just a means of installing rulers; it doesn’t in any way guarantee protection for free minds or free markets. In fact, in today’s idiom, it’s nothing but mob rule dressed up in a coat and tie. What I personally want is individual liberty, which is possible only with an extremely limited government, whose sole purpose is to protect one’s life and property from aggression. I recognize I’m in a small minority, even among Americans, who today view government as a cornucopia of all they desire and see democracy and majority rule as their opportunity to scoop out as much as they want.

But Americans, even though they’re pretty far from being libertarians, come a lot closer than the average devout Muslim, for whom the Koran is the direct and incontrovertible word of Allah. It’s not just the prohibition on drinking, gambling and earning interest and the other puritanical features that make the faith unacceptable to me. Not just the obligatory zakat, which, feeling as I do about charity (see IS 6/2006), doesn’t fit. Not just the ritualistic prayer five times a day or the pilgrimage to Mecca. It’s that Islam is more than a religion; it’s a way of life that submerges politics, philosophy, economics, everything. It’s not a religion that allows for much individual liberty; the word itself means “submission.”

Q.: So here we are, three years later, and the situation is a real mess, as you and others accurately warned would happen even before the first shots were fired. Humor us by describing how you think the current mess in the Iraq and then in the Middle East will unfold from here.

A.: One thing is now clear to all but the dimmest observers: the U.S. has lost this war, and the longer it goes on, the worse it will get. The outcome was obvious from the start, because it’s not possible for an army from the other side of the planet to win a guerrilla war. At least not in a politically correct way. You could engage in wholesale ethnic cleansing, the way the Romans, Genghis Khan and Tamerlane did, but, at least in today’s world, that would be counterproductive in any number of ways, entirely apart from moral considerations. Simply killing guerrillas serves no purpose; to the contrary, the more you kill, the more you get. And, as the statistics show, for every fighter you kill, you kill several non-combatants. And there you’re really sowing dragon’s teeth, especially in a society that has high chronic unemployment among young, unmarried males—which are extraordinarily dangerous and volatile creatures.

My guess is that the next U.S. president will try to get out of Iraq and Afghanistan. But it’s going to be harder then, because the U.S. will be in full retreat, taking many more casualties than today. The Brits and other members of the phony “coalition of the willing” have already bailed. From a strictly tactical point of view, it’s going to be much tougher than leaving Vietnam. The only portion of the Iraqi army that won’t have stripped off their uniforms and turned into the biggest jogging team in Asia will be the ones who are working with the insurgents. But, unfortunately, that’s the best-case scenario.

The worst case, and a not unlikely one, is there is another incident like 9/11, possibly much more serious, especially while Bush is in office. At that point, mass hysteria may take over, and the government will lock the country down like one of its many new federal prisons. If the Iranians are implicated, it may be the excuse Bush is looking for to launch an air strike against them. Now you’re looking at WW3.

A surprising number of Neocon types are saying that WW3 has already started. They’re not just saying that to make an astute observation; they’re saying that because they want the U.S. to actually broaden the war. The enemy is Islam.

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Tuesday, January 23, 2007

China: Superpower

Why China's Missile Test Is Troubling. A good Time article about how the Chinese recently destroyed a satellite. This is important because the US military relies on its satellites.

The U.S. dependence on its technological edge is considerable: Green explains that in recent joint exercises held with the Indian Air Force, less technologically advanced Russian Sukhoi jets defeated American F-15s when the latter were deprived of support from satellite and AWACs systems.

But where China is really emerging as a superpower isn't their military, "It's the economy, stupid". I'll let this humorous video explain:

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Tuesday, December 19, 2006

US federal liabilities are now 400% of GDP

THE UNITED STATES IS INSOLVENT. Some analysis on a recently released report from the US Treasury.

US Comptroller David Walker: "Despite improvement in both the fiscal year 2006 reported net operating cost and the cash-based budget deficit, the U.S. government’s total reported liabilities, net social insurance commitments, and other fiscal exposures continue to grow and now total approximately $50 trillion, representing approximately four times the Nation’s total output (GDP) in fiscal year 2006, up from about $20 trillion, or two times GDP in fiscal year 2000."

This reinforces a recession prediction.

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Tuesday, December 12, 2006

US Recession. Not if, but for how long

I believe the US is heading for a recession. What's the global effect going to be, especially since the housing & credit bubble is a global phenomenon? The thing that most concerns me personally is most of my employer's revenue is in $US.

Recommended reading

A loan that'll get ugly fast. (Great article, comments here)

Every day, Will Hertzberg owns a little less of his three-bedroom house in Corona.

Interview with Paul Kasriel. (Inflation vs. prices)

If the current housing recession were to turn into a housing depression, leading to massive mortgage defaults, it could end. Alternatively, if there were a run on the dollar in the foreign exchange market, price inflation could spike up and the Fed would have no choice but to raise interest rates aggressively. Given the record leverage in the U.S. economy, the rise in interest rates would prompt large scale bankruptcies. These are the two "checkmate" scenarios that come to mind.

Buck & Housing Three Bears: Ripples, Momentum, Feedback. (A bit long, summary here)

The biggest housing bull market (12 years since 1993) will be followed by the greatest housing bear market in the modern era.

PIMCO's Gross: Rate cuts coming. (CNN Money interview with the Bond King, Bill Gross)

Once people start to believe that the Fed will have to cut interest rates in the next three to four months, the dollar's decline is going to accelerate.
It could be another one to two years before the effects of the housing bubble are unwound

And somewhat related: 10 reasons people make stupid decisions

10. We’ve come this far… (sunk cost bias) - We all know that the past is past and we can’t get back money or time that we already spent. But many people irrationally take sunk costs, time, money, or other resources which have already been spent and can't be recovered, into their decision making. Barry Schwartz from Swarthmore College, author of The Paradox of Choice, in an LA Times op-ed piece highlights examples of sunk costs used in decision making, such as how much you spent to get your car fixed last time, how long you have been dating someone, how much you invested in a stock, or how many troops have been lost in Iraq so far.

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Friday, October 20, 2006

Olbermann on Military Commissions Act

Olbermann says it better than I can. More about the Bush signs Military Commissions Act:

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Tuesday, October 17, 2006

Bush signs Military Commissions Act

The New York Times:

...a tyrannical law that will be ranked with the low points in American democracy.

The U.S. Military Commissions Act of 2006 was signed into law today by President Bush. Here's the best part:

e)(1) No court, justice, or judge shall have jurisdiction to hear or consider an application for a writ of habeas corpus filed by or on behalf of an alien detained by the United States who has been determined by the United States to have been properly detained as an enemy combatant or is awaiting such determination.

The U.S. can now continue to detain and torture without those pesky lawyers getting in the way. U.S. Senator Russell Feingold sums it up:

Under this legislation, some individuals, at the designation of the executive branch alone, could be picked up, even in the United States, and held indefinitely without trial and without any access whatsoever to the courts. They would not be able to call upon the laws of our great nation to challenge their detention because they would have been put outside the reach of the law. That is unacceptable, and it almost surely violates our Constitution.

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Monday, October 16, 2006

More US housing market

A great post today from M. Morgan on the blog: Mish's Global Economic Trend Analysis. It has some specific examples from each of the "tidal waves" that are coming.

They have a 600 unit project that is 100% up for resale. This means no one is going to close when the building is completed in January. Every single buyer will walk from their 20% deposits. The developer will simply going to turn the keys over to the bank.

Then later in the post Mish adds some commentary on report by Meredith Whitney, Executive Director, CIBC World Markets for the FDIC: Scenarios for the Next U.S. Recession.

The conclusion to the article is that we will have a "segmented consumer recession that will impact 10% of U.S. consumers". I dismiss such a limited impact because it does not address a rolling cascade of layoffs that I believe are coming as a result of the housing slowdown. Nonetheless the case is presented extremely well along with charts and data that everyone can use to draw their own conclusions.

A real eye-opener for me was chart 41:

Chart 41
We estimate that 26 percent of the U.S. population lives at, near, or below the poverty level

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Monday, June 26, 2006

Net Neutrality

Last week the inventor of the World Wide Web, Tim Berners-Lee, posted an excellent comment on the importance of Net Neutrality. See some US Internet providers companies (and their clueless political puppets) want to charge website owners for preferred access to their sites. This would create a tiered Internet and this is a really bad thing. His post is a good place to start if you are interested in this issue, so is this one.

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Tuesday, January 24, 2006

Election's over

While I'm disappointed to see so much local support for the Conservatives, I am glad that overall there's a change, it's a minority, and the NDP and Greens both made gains. As a happy bonus, former Liberal MP Sam Bulte, copyright industry puppet, lost her seat.

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Thursday, January 19, 2006

NDP makes sense?

At work I've been talking about my newfound interest in the NDP party, and one of my coworkers mentioned he watch Jack Layton on TV last night. "And everything he said... made sense". I know, it's weird. Weird because we've generally thought of ourselves as "right" and normally wouldn't even have considered the NDP.

NDP logo

Now they're not perfect, but no party is. In particular, I'd like a little more information on their commitment to "Cut wasteful and inefficient spending on tax giveaways to large corporations". While I may be leaning left politically lately, I'm still a believer in business and capitalism.

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Tuesday, January 17, 2006

Why I can't vote Conservative (part 2)

I listed a few reasons for not voting conservative, and here's another one for the list of embarrassing Conservative MPs, Rondo Thomas, Conservative candidate for Ajax-Pickering. In a horrible "we are righteous" rant against gay marriage he says "facts don't matter" and that the Liberals and anyone else who supports gay marriage is against procreation. Seriously. You can watch it for yourself in this video.

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Saturday, January 14, 2006

Why I'm voting NDP

So I'm voting NDP. I know.... I'm as surprised as you are.

It started near the beginning of the campaign I started noticing whenever Jack said something it made sense to me. Anyway, yesterday we had our local candidate over for a while and that sealed it. Here's the important things we agree on:

  • Election reform - proportional representation.
  • Senate reform - abolished or at least not appointed.
  • A better system for immigrants with homeland training to work here in their field (especially doctors).
  • Armed border guards.
  • Increase mandatory minimum sentences for gun crimes and other judicial improvements.
  • Return a significant portion of the proceeds of crime back to local communities and neighborhoods.
  • Enact import controls on bulk ephedrine and pseudoephedrine, and limit access to the precursors necessary for legitimate uses, such as cold medications.
  • Create a new offense for possession of precursors for the purpose of meth production.
  • National child care.
  • Proceed with the increased basic personal credit amounts, and the decrease in the lowest personal income tax rate, announced in November.

The lack of personal attacks is also refreshing and, of course, the NDP are also big on health care and post-secondary education. So what about the Greens, my choice from last election? Well, I don't really see anything they have over the NDP that is important to me. Worse, their candidates are often young and inexperienced (as in our riding) and their party just doesn't seem as mature and cohesive as the NDP party.

And yes, I know the realities of the NDP chances in Calgary.

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Wednesday, January 11, 2006

Why I can't vote Conservative

There's many reasons not to vote Conservative, plans to use the notwithstanding clause of the Charter of Rights and Freedoms, embarrassing MPs, but the most relevant one for me is my local MP, Diane Ablonczy

In September 2002, Canadian Citizen Maher Arar was wrongly arrested in the US and sent to Syria where was tortured for a year. Follow that link for one summary of the story, but in my opinion it's one of the most shameful events of recent Canadian history. In November 2002 the media had started raising concerns, yet in parliament immigration critic Diane Ablonczy was in fine form:

Mr. Speaker, it is time the Liberals told the truth: that their system of screening and security checks is pathetic. Arar was given dual Syrian and Canadian citizenship by the government. It did not pick up on his terrorist links and the U.S. had to clue it in. How is it that the U.S. could uncover this man's background so quickly when the government's screening system failed to find his al-Qaeda links?

source, source

No evidence has emerged linking Arar to a terrorist organization. Ablonczy has not apologized for her remarks.

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Wednesday, November 30, 2005

Canadian election part 2

Rick's follow-up as Stephen Harper is even better than the Liberal one. Here's looking forward to Rick doing Jack next, so to say.

I must admit I am sick of this discussion. I ask you, why in heaven's name would I like People? The so called "people" had their chance 18 months ago and they choose not to give me a majority. This morning I suggested to Tom Flannigan that we should change our campaign slogan from "Standing up for Canada" to "Fuck the People". He said no, pointing out that in politics honesty is not the best policy. "Besides" he added, "300 million bucks on an election nobody wants is about as big a 'fuck you' to the people that the Tories can muster". How we laughed!

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Tuesday, November 29, 2005

Canadian election

Bah humbug! I guess unless something unexpected comes out I'll be voting Green again. At least a little action on the hill provides material for funny guys like Rick Mercer. Example, his recent Christmas letter as Paul Martin:

Of course I have to mention Belinda. If it wasn't for her this government would have died months ago and me along with it. Some people in the press have referred to her as my guardian angel, I prefer to think of her as my political defibrillator. Even to this day when I see her coming I want to tear open my shirt, put Vaseline on my nipples and yell CLEAR!

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