Jul 07 2008

Why did the housing meltdown happen NOW?

Category: economy,housing,Uncategorizedharmonicminer @ 4:03 pm

The usual suspicion, held by those of us who expect bad results from government meddling in the market, is that the housing/sub-prime meltdown is somehow a result of new factors entering the marketplace by government action. That is, the meltdown happened at this time, not 5 years ago, and the question in these matters is usually, why now? The main player with enough power to distort the market so as to create a fast moving set of bad circumstances is, you guessed it, the government. That is, why were all the sub-prime loans made recently, not ten years ago? In other words, what changed?

Steve Sailer details an important factor not considered by many, and not widely explained, or even mentioned, in the media:

Uncovering
the roots of the disastrous home mortgage bubble that popped last year
will keep economic historians busy for decades. Yet, one factor has so
far been largely overlooked: the bipartisan social engineering crusade
to drive up the rate of homeownership by handing out more mortgages to
minorities.

More than a negligible amount of the blame for the
mortgage meltdown can be traced back to multiculturalism:
government-mandated affirmative-action lending, demographic change,
illegal immigration, and the mind-numbing effects of political
correctness.

The chickens have finally come home to roost.


If you find this a provocative thesis, he has made a very convincing argument, that, like it or not, is worth a read.


Jul 07 2008

Man bites dog: A positive report on conditions in Iraq from USA today

Category: Iraq,Uncategorizedharmonicminer @ 3:39 pm

Even if McCain is elected, there is considerable optimism about beginning pullouts of some troops from Iraq. Of course, a McCain style pullout, hopefully, will not be a complete withdrawal, but rather a reduction to the necessary level to maintain progress that has been made.

Obama, on the other hand, plans a full-on retreat, as quickly as possible, snatching defeat from the jaws of victory.

Gains in Iraq may lead to pullouts – USATODAY.com

Although U.S. commanders are cautious about predicting further withdrawals,
interviews with military experts and recent official statements
indicate growing optimism about the potential to pull out more forces.

“I believe the momentum we have is not reversible,” said Jack Keane, a
retired Army vice chief of staff who helped develop the Iraq strategy
adopted by President Bush in January 2007.

There will be “significant reductions in 2009 whoever becomes president,” said Keane,
who regularly consults with Gen. David Petraeus, the top U.S. commander
in Iraq.

Iraqi Prime Minister Nouri al-Maliki echoed Keane’s optimism Saturday by declaring that “we defeated” the terrorists in

Iraq. U.S. commanders remain cautious.

Army Lt. Gen. Lloyd Austin, the No. 2 commander in Iraq, said recently that “our progress is fragile, and we continue to
work to make this progress irreversible.”

Such encouraging reports could benefit both presidential candidates. Republican John
McCain has been a major supporter of Bush’s escalation of U.S. forces
in Iraq. Democratic candidate Barack Obama said he wants to withdraw
all U.S. troops from Iraq in 16 months, although he said any pullout
would be determined by conditions there.

Of course, when Obama speaks of “conditions” in Iraq, he does not mean using them to determine the timing of a pullout, but merely the manner of it. He has “clarified” that the “conditions” phrase just has to do with how to get troops out of Iraq “safely”, not whether the situation in Iraq will remain relatively stable after the pullout.


Jul 06 2008

Realism on Iran, nuclear weapons, jihadism, Israel and oil

Category: Uncategorizedharmonicminer @ 5:46 pm

FrontPage Magazine interview with Caroline Glick of the Jerusalem Post: excerpt below, but read the whole thing at this link.

FP: What are some of the strategies Israel and the West need to pursue to win the war against global jihad?

Glick: On a macroeconomic level, as people like R. James Woolsey, Gal Luft, Robert Zubrin, Frank Gaffney, Anne Korin and others have explained convincingly over the past several years, the West needs to end its addiction to foreign oil as quickly as possible. Energy security is a paramount issue. In Israel we have entrepreneurs working on changing Israel’s small transportation market into one based on battery operating cars. This is an interesting concept and it will hopefully be successful. But overall, the West simply has to get its act together. For seven years under the Bush administration, the US has done essentially nothing as gasoline prices have gone from $20-$130 per gallon.

The culture wars in the West are also a key aspect of a winning strategy. We see many societies simply sinking into nothingness, places like Sweden and Norway come to mind most readily. And Britain for its part, seems to be on an inexorable decline towards collapse. When we do not understand who we are, we also cannot understand why who we are is worth defending. When we cannot assert our cultural and national identities, we cannot explain to either ourselves or Islamic totalitarians, why freedom is preferable to slavery.

Finally, we have to realize that people who call for global domination in the name of Islam and carry out acts of violence, and develop nuclear weapons are our enemies and that they are irreconcilable. They are fighting a war to the death against us and we need to fight back. We need to develop strategies aimed at defeating our irreconcilable foes and first and foremost among them is Iran. We have the means to win this war. We just have to understand why it is necessary to fight it.

Hat tip: Hugh Hewitt and NRO


Jul 05 2008

What Love Is, and Is Not: Celebrating a marriage

Category: love,marriageharmonicminer @ 12:00 pm

Yesterday, I watched my daughter marry a fine young man. So now, in addition to being a patriotic holiday and my mother’s birthday, July 4 is my daughter’s wedding anniversary.

I’m proud of the happy couple, and hope and pray the best for them, as well as the strength to weather times of trial and challenge. Part of the ceremony involved the pastor reading from the first letter of the Apostle Paul to the Corinthians, 1st Corinthians 13, sometimes known as “the love chapter.” Among the portions he read were verses 4-7.

Love is patient, love is kind. It does not envy, it does not boast, it is not proud. It is not rude, it is not self-seeking, it is not easily angered, it keeps no record of wrongs. Love does not delight in evil but rejoices with the truth. It always protects, always trusts, always hopes, always perseveres.

Sitting in the front row as father of the bride, I was close enough to clearly see the groom’s face, in a way not many could. As the pastor read, I realized that the husband-to-be was reciting the words with the pastor, very subtly, not making sounds, barely moving his lips, just enough so that I could see he knew the passage by heart. Even two rows back, I think I would not have known. I’m not even certain he knew his lips were moving, ever so slightly.

I think my daughter is very fortunate to have married a man who values these words enough to commit them to memory. It will probably not hurt any of us to remind ourselves of just how love behaves…. and how it doesn’t.

Congratulations and best wishes to the newlyweds!

Disneyland 4th of July fireworks

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Jul 05 2008

Virtual Diversity: The Diversity You Wish You Had

Category: diversity,education,higher education,universityharmonicminer @ 9:00 am

Is this so bad?

A sociologist at Augsburg College, together with an undergraduate, recently studied the viewbooks of hundreds of four-year colleges and universities, selected at random. The research team counted the racially identifiable student photographs and also gathered data on the actual make-up of the student bodies.

The findings: Black students made up an average of 7.9 percent of students at the colleges studied, but 12.4 percent of those in viewbooks. Asian students are also more likely to be found in viewbooks than on campus, making up 3.3 percent of real students on average and 5.1 percent of portrayed students. The researchers acknowledge that appearance does not always tell the story of race and ethnicity, and say that they only counted clearly identifiable photos, and feel less confident about figures for Latino students. But they report relatively few students whose appearance suggested that they might be Latino, which is striking given the growth in the Latino student body. (A total of 371 colleges were studied, and historically black colleges were excluded; the findings were recently presented at the meeting of the Midwest Sociological Society.)

I suppose there are all kinds of reasons for fudging the appearance of diversity, maybe even including trying to attract a more diverse student body.  One assumes that these schools also try to make residence facilities, meal plans and recreation areas look better than the truth….  that is, after all, the American way…  for some of us.  This is not a random failure to be accurate….  none of the minorities were represented as being less than the real figure.

And when some of the students who see these viewbooks come to campus, and fudge the data in their academic work, at least they have a good excuse….  they learned it from the university they attended.

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Jul 04 2008

The Declaration of Independence

Category: politics,USAharmonicminer @ 12:00 pm

The Declaration of Independence

IN CONGRESS, JULY 4, 1776
The unanimous Declaration of the thirteen united States of America

When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness., That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed,, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security., Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.

He has refused his Assent to Laws, the most wholesome and necessary for the public good.

He has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.

He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.

He has called together legislative bodies at places unusual, uncomfortable, and distant from the depository of their Public Records, for the sole purpose of fatiguing them into compliance with his measures.

He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people.

He has refused for a long time, after such dissolutions, to cause others to be elected, whereby the Legislative Powers, incapable of Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the dangers of invasion from without, and convulsions within.

He has endeavoured to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands.

He has obstructed the Administration of Justice by refusing his Assent to Laws for establishing Judiciary Powers.

He has made Judges dependent on his Will alone for the tenure of their offices, and the amount and payment of their salaries.

He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.

He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures.

He has affected to render the Military independent of and superior to the Civil Power.

He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation:

For quartering large bodies of armed troops among us:

For protecting them, by a mock Trial from punishment for any Murders which they should commit on the Inhabitants of these States:

For cutting off our Trade with all parts of the world:

For imposing Taxes on us without our Consent:

For depriving us in many cases, of the benefit of Trial by Jury:

For transporting us beyond Seas to be tried for pretended offences:

For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies

For taking away our Charters, abolishing our most valuable Laws and altering fundamentally the Forms of our Governments:

For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.

He has abdicated Government here, by declaring us out of his Protection and waging War against us.

He has plundered our seas, ravaged our coasts, burnt our towns, and destroyed the lives of our people.

He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation, and tyranny, already begun with circumstances of Cruelty & Perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation.

He has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the executioners of their friends and Brethren, or to fall themselves by their Hands.

He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.

In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince, whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people.

Nor have We been wanting in attentions to our British brethren. We have warned them from time to time of attempts by their legislature to extend an unwarrantable jurisdiction over us. We have reminded them of the circumstances of our emigration and settlement here. We have appealed to their native justice and magnanimity, and we have conjured them by the ties of our common kindred to disavow these usurpations, which would inevitably interrupt our connections and correspondence. They too have been deaf to the voice of justice and of consanguinity. We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.

We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly publish and declare, That these united Colonies are, and of Right ought to be Free and Independent States, that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do., And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our sacred Honor.

— John Hancock

New Hampshire:
Josiah Bartlett, William Whipple, Matthew Thornton

Massachusetts:
John Hancock, Samuel Adams, John Adams, Robert Treat Paine, Elbridge Gerry

Rhode Island:
Stephen Hopkins, William Ellery

Connecticut:
Roger Sherman, Samuel Huntington, William Williams, Oliver Wolcott

New York:
William Floyd, Philip Livingston, Francis Lewis, Lewis Morris

New Jersey:
Richard Stockton, John Witherspoon, Francis Hopkinson, John Hart, Abraham Clark

Pennsylvania:
Robert Morris, Benjamin Rush, Benjamin Franklin, John Morton, George Clymer, James Smith, George Taylor, James Wilson, George Ross

Delaware:
Caesar Rodney, George Read, Thomas McKean

Maryland:
Samuel Chase, William Paca, Thomas Stone, Charles Carroll of Carrollton

Virginia:
George Wythe, Richard Henry Lee, Thomas Jefferson, Benjamin Harrison, Thomas Nelson, Jr., Francis Lightfoot Lee, Carter Braxton

North Carolina:
William Hooper, Joseph Hewes, John Penn

South Carolina:
Edward Rutledge, Thomas Heyward, Jr., Thomas Lynch, Jr., Arthur Middleton

Georgia:
Button Gwinnett, Lyman Hall, George Walton

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Jul 04 2008

GAZA, ammo dump for Hamas

Category: Hamas,Islam,Israel,middle east,terrorismharmonicminer @ 9:00 am

Hamas is arming Gaza to the teeth and eyeballs. They have obtained quantities of Russian anti-tank missiles, the AT-3 Sagger, the AT-4 Spigot, the AT-5 Spandrel and the AT-14 Spriggan (all with ranges of several kilometers), as well as the RPG-29 Vampir, a grenade launcher on steroids.  Continue reading “GAZA, ammo dump for Hamas”

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Jul 03 2008

For the politically less interested, who still plan to vote

Category: election 2008,McCain,Obamaharmonicminer @ 11:00 am

If You Are Just Starting To Think About This Election… Clear thinking from John Mark Reynolds

Normal people, those with actual lives, do not follow every poll on Real Clear Politics. If you have a good life, then it is likely that you are only vaguely aware that soon you will have to TIVO past even more political ads. You know there is an election this year, but like a trip to the dentist, you have put off the unpleasant task of deciding on a candidate. Fortunately for you, there are now only two candidates left with any chance of actually being the president.

Many (if not most) American voters only know three things about the two guys running for President:

1. Neither of them is named Clinton or Bush.

(A pause to thank God for His mercies.)

2. One is young and cool.

3. The other is old and a war hero.

Blessed is the man who does not check Rasmussen Report three times a day. If you are this person, congratulations on living a peaceful life. The genius of the republic is that it allows a man to be a patriot without being a politico.

There is more, and if you’re not really up to speed on the candidates, you really need to read all of this.

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Jul 03 2008

The weather report for 2100… with a straight face, even

Category: global warming,Group-thinkharmonicminer @ 9:00 am

As usual, the AP is in the tank for global warming scare-mongering, and continues its policy of see no skeptics, hear no skeptics, speak no skeptics. It’s as if they walk around with their eyes covered, ears plugged, and duct tape to slap on the mouth of anyone who says anything they can’t stand to hear.

During the European heat wave of 2003 that killed tens of thousands, the temperature in parts of France hit 104 degrees. Nearly 15,000 people died in that country alone. During the Chicago heat wave of 1995, the mercury spiked at 106 and about 600 people died.

In a few decades, people will look back at those heat waves “and we will laugh,” said Andreas Sterl, author of a new study. “We will find (those temperatures) lovely and cool.”

Sterl’s computer model shows that by the end of the century, high temperatures for once-in-a-generation heat waves will rise twice as fast as everyday average temperatures. Chicago, for example, would reach 115 degrees in such an event by 2100. Paris heat waves could near 109 with Lyon coming closer to 114.

Continue reading “The weather report for 2100… with a straight face, even”

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Jul 02 2008

The Arab “street”: Really Alien, or just biding its time?

Category: Uncategorizedharmonicminer @ 9:11 am

A recent poll of “the Arab street” has produced some some interesting results.

In all six countries surveyed (those polled were all non-Palestinian Arabs), Arabs favored Hamas over Fatah.They also wanted to see a Palestinian unity government. Palestinian polls that Telhami mentions in his paper keep showing some advantage for Fatah, but also that the leader of Hamas in Gaza would defeat Palestinian President Mahmoud Abbas in a head to head election (47 percent for Ismail Haniyeh, 46 percent for Abbas).

Telhami asked in the poll: “What step taken by Washington would most improve your views of the United States?” The options he presented the participants in the poll were:

Pushing for the spread of democracy in the Middle East even more.
Providing more economic assistance to the region.
Stopping economic and military aid to Israel.
Withdrawing American forces from Iraq.
Withdrawing American forces from the Arabian peninsula.
Brokering comprehensive Arab-Israeli peace.

As for what they choose: “Fifty percent of the public identified brokering Arab-Israeli peace based on the 1967 border as the single most important step to improving their views of the United States.”

The incomprehensible aspect of this is that Hamas does not recognize Israel’s right to exist. Israel’s destruction is official Hamas policy. So “the Arab street” prefers the government that wants to destroy Israel, and wants the USA to broker a peace between these two parties, and return Israel to its (indefensible) 1967 borders.

Continue reading “The Arab “street”: Really Alien, or just biding its time?”

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