Many blogs do a caption contest every Friday wherein the blogger posts a picture and then visitors leave their take on an appropriate and funny caption for that photo. I really enjoy contributing to those sorts of things, but it doesn’t seem appropriate for TNC so how about a comment contest on Fridays. We select an article—nothing too lengthy—and you supply a comment analyzing it. Our commenters thus far have been exceedingly insightful so I’ll be most interested to read your take. Winner gets a free RSS subscription to TNC!
Entries from February 2009
Free al-Nashiri!
By Bill Brown · February 6th, 2009 12:27 am · 1 Comment
La Plus Ça Change
By Bill Brown · February 5th, 2009 10:15 pm · 1 Comment
From the “whatever-works-makes-for-strange-bedfellows” department:
But no matter how much money we invest or how sensibly we design our policies, the change that Americans are looking for will not come from government alone. There is a force for good greater than government. It is an expression of faith, this yearning to give back, this hungering for a purpose larger than our own, that reveals itself not simply in places of worship, but in senior centers and shelters, schools and hospitals, and any place an American decides.
Fire!
By Chuck · February 5th, 2009 9:50 am · 13 Comments
You may have seen this story, which I found on the Drudge site. Bill Gates, who clearly wants to make his audience feel guilty for not being their brothers’ keeper, unleashed a cloud of mosquitoes upon them:
‘Malaria is spread by mosquitoes,’ Gates said while opening a jar on stage at the Technology, Entertainment, Design Conference in Monterey, California — a gathering known to attract technology kings, politicians, and Hollywood stars.
‘I brought some. Here I’ll let them roam around. There is no reason only poor people should be infected.’
This is like shouting “Fire!” in a crowded theater. Why wasn’t he arrested? After a minute, he informed the audience that the mosquitoes were not malaria carriers. What good would that have done, if there had been a stampede to the exits in which people got crushed, before his belated admission?
Cargo Cult Capitalism
By Bill Brown · February 5th, 2009 12:45 am · 16 Comments
In December, I visited Ethiopia to pick up my newly-adopted son (proud father link, if you’ll bear with me) and I was struck by the prevalence of commerce throughout the capital city, Addis Ababa. Ethiopia is known as a Third World country with widespread poverty; with a per-capita income of $780, there are few countries in the world poorer than it. But everywhere I looked there were entrepreneurs of every stripe selling goods, services, and capital goods. I struggled to understand this seeming paradox of highly-visible capitalism in one of the poorest nations.
Bailout of Keynesian Economics and Government
By Mike N · February 4th, 2009 1:57 pm · 7 Comments
The Monday Jan 2nd Detroit Free Press’s Nation and World section has an article by AP writer Martin Crutsinger titled “Frugal living bad for the economy.” Frugal means managing one’s money wisely. That headline then suggests that profligate spending would be good for the economy. But isn’t that just what our media pundits and politicos said was the cause of the crises? Irresponsible citizens and bankers and lenders spending foolishly? Foolish spending was bad for the economy before and now that people are wiser well, that’s bad for the economy also? They want to have their cake and eat it too.
If you think that logic was bad, how about this total disconnect from reality:
“Economists call it the “paradox of thrift.” What’s good for individuals — spending less, saving more — is bad for the economy if everyone does it.”
You may have to read that again. What’s good for individuals–all of them–is bad for the economy. In other words, the economy is something apart from and superior to all the individuals who comprise it. The economists are reifying the concept economy, treating it as an entity, a particular concrete to which the good of individuals must be sacrificed.
This I submit is how the mind of a cargo cultist (Keynesian) works: there are all these people doing all kinds of things and somehow wealth/jobs is produced; when the wealth/jobs stops coming we see people doing different things and this is bad; one of those things is spending less money so we must get those people to spend more money again and the wealth/jobs will return. That this is the mindset of our leaders is truly frightening.
But in fact, this isn’t even about the economy. Consider the sub-title of the article: “Americans start saving just as U.S. needs them to spend.” Substitute the words ‘the government’ for ‘U.S.’ and you will have the truth. It’s about saving their own hides over which our government panics. As supporting evidence consider the original $700 billion that congress couldn’t wait to give to Hank Paulson. It was pure hush money for the mortgage and lending companies. There is no way the banks and other lenders were going to be hauled before a House or Senate hearing and raked over the coals like the auto execs were. The American public would have learned that the lenders were just doing Congress’s bidding. This could not be permitted and wasn’t. This was a bailout of government and Keynesian economics.
Contrary to Keynesian economics, it is not consumption that spurs production. It is production that creates wealth, which money represents, and must come first. Man must produce the things he needs to survive and to do so he needs to be free from the coercion of other men, thus the need for rights respecting governments. Having produced these things he can trade them with others thereby spreading wealth. But he must produce them first. He cannot wave a fist full of money in the air hoping that food, clothing and shelter will plop down on him from above. Nor can he throw money on the ground expecting a factory with jobs will sprout up. Life doesn’t work that way.
If President Obama doesn’t want to go down in history as the overseer of America’s second Great Depression, he needs to discover that man’s mind–not money–is the creator of wealth and to function it needs freedom, not controls, and the only system that can provide it is not socialism but capitalism.
And On the Foreign Front…
By Myrhaf · February 3rd, 2009 4:38 pm · 6 Comments
…the news of where Obama’s policies are taking us could not be worse. First, Obama is letting legal considerations dictate policies of war. Bush also failed here, but I’m not sure if he would have done this:
The captain of a ship that the United States Navy recently detained has said his vessel is now en route to Syria. The boat was initially believed to be carrying arms destined for Hamas, though sources say the weapons will likely be delivered to Hezbollah.
The U.S. navy was forced to release the ship, which it had detained in the Red Sea on suspicion of carrying arms to Hamas-ruled Gaza. Weapons of various kinds were found aboard the ship, which was flying the Cypriot flag when it was stopped January 19, the U.S. military said.
The ship was released Tuesday when it became apparent that there was no legal basis for holding it.
No legal basis for holding a ship full of weapons headed for terrorists? Is this a serious way to wage the “war on terror”?

