Tuesday, August 12, 2008

Blogger helps Georgia overcome cyber onslaught

Civil.ge, the Georgian news site, is "under permanent [cyber] attack." So they've switched their operations to one of Google's Blogspot domains, to keep the information flowing about what's going on in their country. (Wired Blog Network, 11 August)

Here's the Blogger site for Civil.ge

Monday, August 11, 2008

Liberty

The greatest liberty is the right to change yourself.

Recently I've put on a few pics of women, the lovely creatures, and get concerned comments from Nick Drew and Pej. This is entirely a natural response, but it is also an example of what I call the homeostatic principle. You know: try to lose weight and people say you're not fat, just pleasantly plump; forswear alcohol or tobacco, and they advise you to cut down a little instead, but just for now go on, have one etc.

We worry (rightly, of course) about the tyranny of big government, but there is also the long, slow, grinding tyranny of the small (and small-minded) community, and the dysfunctional family. And we, too, are so often, unconsciously and instinctively, the oppressors.

Simone de Beauvoir (who was led a dance right royally by her liberated lover Sartre) said that every book is a cry for help. Mostly, that cry will go unanswered, and few will rally to your home-made flag. We enjoy our blogging, but delude ourselves if we think the world will change much as a result, or perhaps should change much.

If you want a major, exhilarating change, go for action direct: change your own life. And if you are a libertarian, watch for how even you try to hold others back.

On me fait tort

In the Post Office just now, I glanced at the leaflet rack and there were all these savings products labelled The People's Instant Saver etc.

I remember watching Tony Blair announce the death of Diana, and how he half-choked on "the people's princess", as though some wiser part of him at the back of his throat was trying to save him from a ghastly, laughable gaffe. He seems to have got away with it, though (as my wife pointed out at the time) she was the daughter of an Earl. (Note, by the way, how his speech began the first two paragraphs with the first-person personal pronoun. Everything was always about him, was it not?)

I suppose this is all part of the Gramscian cultural deforestation in preparation for the Garden of Eden that will be Cool Britannia. I also suppose that when we have become the PRGB, the country will be disunited and the people will have less say than ever.

If, by then, we have enough money (for clearly that's all that matters, now), we may move to Jersey, which at least recognises Her Majesty's rule under her title of Duke of Normandy. When we visited there years ago, we learned that as in ancient times, if you feel you have been wronged, you may make an appeal direct to your ruler: you drop down on one knee, spread your arms and call out "Aro, aro, aro, mon Prince! On me fait tort!" The Jersey Council must then hear your case.

But Her writ does not run here, or will not for much longer, if we continue in this direction.

China dolls

Look at this Chinese website for positive images and news about women in the PRC.

Beauty

Lorna Page is using the proceeds of her first book to spring friends from OAP jail. What a beautiful thing to do. And what a beautiful face.

Britney and Madonna at MTV Awards Ceremony

But her 50th isn't until Saturday...

As my wife points out, it's not their sexuality they're exploiting, it's men's. It's just not fair on me.

By the way, Tarantino is sizing up Britney for a big part. Maybe this stunt (from 2003) gave him the idea.

But is Paris Hilton a NATURAL gold? We deserve to know.


23 years of FTSE growth, RPI-adjusted


Sunday, August 10, 2008

At last, education for life (instead of lifelong education)

In the Sunday Express today, Alain de Botton explains why he's opened a School of Life shop-cum-philosopher's-studio-cum-therapy-room in Marchmont Street, London:

"Before I went to university, I imagined it as an extraordinary place where you'd get a chance to escape from commercial pressures and examine the great questions of life in beautiful surroundings with fascinating people, and so become a better, wiser, more interesting person."

So did I, and mostly what I learned was how naïf I'd been.

Good luck with the new venture.

IN- or DE: Denninger reasserts his position

Karl Denninger repeats - in his rather forthright and sexualised way - the simple argument that deflation suits the bankers who run the Fed:

... In a deflationary environment the banker gets as much of your money as he can, and then he also gets the house! [...] The banker makes money in terms of real value in a deflationary environment. You, on the other hand, being debt, get rammed."

In short, cui bono?

And in the Marc Faber interview cited in the previous post, Dr Doom maintains that the drop in the price of oil shows that we're already in recession; the drying-up - the sucking back out - of excess liquidity is what will make the dollar more valuable.

I once read a short story by Brian Aldiss, in which invisible vampire aliens ravage a farmer's livestock - all one can see is the double puncture. The skin is pierced, the innards liquefy and are drained. Sturdily, the farmer accepts that he has a new class of customer.

Is this not like banking and government? Without mortgages and inheritance tax, how otherwise would almost everybody in each generation be forced to buy their living quarters anew?


The view from Agamotto's Eye


Mish relays an interview with Marc Faber, who is a bull on the US dollar (not US stocks) and Japan.

"Europe will have to cut interest rates as well, and their economies are most likely much weaker than perceived...

... We are in a seven year bull market for commodities, so commodities can easily drop 50%. Some have already done that like nickel, lead, and zinc. Others will follow. But after that, I think that the bull market in commodities will reassert itself. But my view was that for the second half of 2008 commodities would go down."

Saturday, August 09, 2008

Can we undo the damage of easy credit?

... the [political] system which has for sixty years precipitated the greatest debt cycle in history may be inadequate to address the greatest deflationary cycle in history if it chooses to prescribe the same snake oil which sickened the economy in the first place rather than the balanced (fiscal) diet and (strict economy) excercise we all know would be better for us.

The road back from economic folly will be long, hard, narrow and possibly untrodden, warns London Banker in a masterly essay on the need to re-establish a savings culture.

(htp: Jesse's Cafe Americain)

Paris Hilton: an observation

Speaking of Paris Hilton, there's something odd about her: smooth, featureless, un-angular; as if she were, I don't know, inflated and unstable. One feels it would only take a little prick to make her explode.

Posh tarts and Pop Tarts



How much social disruption is caused by posh people's boredom?

The Grumbler today whines about schoolgirls aping whores to get attention - a survival strategy in today's feckless-male world, I'd have thought - and a Dr Ringrose of London's Institute of Education (they never ask actual schoolteachers, do they) opines that teaching about the history of feminism is "needed to overcome the negative influences of celebrities such as Paris Hilton, Britney Spears and Christina Aguilera".

Paris Hilton is a world-famous millionaire socialite am-porn star and now part-time political commentatrix. Britney Spears is a world-famous millionaire entertainer, and her disastrous private life is a moneymaker for her and a raft of reporters and photographers; besides, her misdeeds and misfortunes are no worse than those of the underclass whose offspring I teach, nor much different from the self-indulgence of many rich and aristocratic women in the first half of the twentieth century. Christina Aguilera ditto - and currently a Google search for her yields nearly 29 million pages.

Emmeline Pankhurst was a rich businessman's daughter, married a barrister, joined the Independent Labour Party, toured North America lecturing on VD and joined the Conservative Party when she returned. Her daughter Adela went to Australia, joined the Communists and then the Fascists. Another daughter, Sylvia, got knocked-up out of wedlock and she and her mother fell out and never met again. The third, Christabel, enthusiastically promoted the First World War and internment of enemy aliens, visited Russia after the Revolution to urge its continuation in the conflict with Germany, became a Christian evangelist in the USA, returned to Britain, was made a Dame Commander of the British Empire in 1936, and fled the country when war broke out again.

Yep, I can just see all that on the syllabus.

Friday, August 08, 2008

The need for civil rights

Professor James Duane explains in shocking detail why, in the USA, everybody should remember to exercise their right under the Fifth Amendment to remain silent. (htp: Obnoxio The Clown, referring to Philip Thomas' post)

"The following is the common Miranda warning used by most law enforcement agencies in the United States today:

You have the right to remain silent. Anything you say can and will be used against you in a court of law. You have the right to speak to an attorney and to have an attorney present during any questioning. If you cannot afford a lawyer, one will be provided for you at government expense."

How about here in Britain?

"You have the right to remain silent. But it may harm your defence if you fail to mention anything that you later rely on in court. Anything you do say may be given in evidence."

"Free legal advice is worth what you pay for it." Having said that, here is a site purporting to give advice to activists being questioned by police in the UK.

How many laws are on the Statute Books in the United Kingdom? Is there anybody in the country of legal age who could not be accused of having broken one of them? Do we not have too much law?

Thursday, August 07, 2008

UK worse than USA?

If it's the USA (aka The Great Santa) that's in dire trouble, how come the pound sterling has dropped 5 cents against the dollar, since July 17?

Wednesday, August 06, 2008

Bill Gates: charity begins at home

The Bill & Melinda Gates Foundation is set up to give away $38 billion (plus another $30 billion pledged by Warren Buffett).

While I'm in the mood for mad ideas, how about sparing some fraction of that (oh, a billion?) to go back to Bill's crazy source code and finally straighten out all the problems with Microsoft's core products, then send out a one-use-only disk to all previous purchasers, to reload everybody's programs with reliable updated versions?

Or should I stick with dreaming up more realistic schemes, like the deposit-free banking idea?

Fractional reserve banking - why bother?

Karl Denninger comments on the unfolding crisis of non-subprime mortgages, where he thinks losses will be even worse.

A question: why bother with any kind of reserve?

Once you've determined that banks can lend a high multiple of deposits, you may as well make deposits entirely irrelevant. In fact, it would save quite a bit on operating costs if you could have banks that specifically didn't take deposits from anybody - no cash in or out, so no tellers, no branches. Let the Federal Reserve or the Bank of England give a handful of providers a total lending limit, and then stand back and watch them pump away.

Insolvency? Loan-to-value not good enough? Raise the limits again, pump harder. Get a punter to overpay for one house and you increase the value of all the others in the street, so making their mortgages safer. And if the bank doesn't have to pay interest to depositors, it can charge as little as it likes for its loans.

I can't see the flaw here, any more than I can see the difference between a banker and a swindler.

I don't know why I didn't think of it before.

House prices underpinned by shortages, boosted by inflation?

The Centre for Economics and Business Research reckons house prices will steady next year and shoot up for three years after that, thanks to housing shortages and building project cancellations - reports The Grumbler.

"Real estate could become a very good investment and inflation hedge once the government starts seriously printing money," commented Jim from San Marcos (who still has a realtor's licence) after his July 27th post.

I hate computers

Currently I use Windows, like most people, and my experience of this is certainly like the picture on the left. No wonder there are so many Bill Gates jokes, e.g. "The president of Lotus walks into an elevator with a gun in his hand. In the elevator are: Saddam Hussein, Timothy McVeigh, and Bill Gates, but there are only two bullets in the gun! Who does he shoot? A: Gates, twice, to be sure."

I also have an ASUS laptop that has a nervous breakdown when I ask it to connect to the Internet and my printer at the same time. In fact, it's now objecting to my mouse as well. I half-suspect the power management system is compromised by some ASUS virus that informs Peking of my every keystroke; put that down to paranoia if you like, but we'll see what the history books say one day.

But is the Mac really as simple and reliable as the middle picture suggests? And is Linux really so powerful and jazzy? Before I throw this computer from some carefully-selected high place, I'd appreciate guidance on its replacement.

By the way, here's Daniel Bozet's original cartoon; I thought the one above looked unbalanced.

And here's some techno comment on BoingBoing, that obviously I don't quite understand.

If telephones were like this, I'd be using liveried runners.