Friday, April 5, 2013

Syrian Threat and Benghazi



While far too late, the Obama administration may be adopting a sensible policy on Syria. The strategy, however, is unlikely to succeed.

Oh, and there is also a very important clue—I think the key to the puzzle—about what really happened in Benghazi.

 Let’s begin with Syria. As U.S. officials became increasingly worried about the visible Islamist domination of the Syrian opposition—which their own policies had helped promote—they have realized the horrible situation of creating still another radical Islamist regime. (Note: This column has been warning of this very point for years.So the response is to try to do two things. The first is to train, with Jordanian cooperation, a more moderate force of Free Syrian Army (FSA) units.  The idea is to help the non-Islamists compete more effectively with the Muslim Brotherhood, Salafist, and especially al-Qaeda (Jabhat al-Nusra group) affiliated units.The second is supposedly to create a buffer zone along Syria’s borders with Jordan and perhaps later Israel and even Iraq in order to avoid the conflict spilling over—i.e., cross-border jihad terror attacks—to those countriesAccording to the Wasinngton Post“The last thing anyone wants to see is al-Qaeda gaining a foothold in southern Syria next to Israel. That is a doomsday scenario,” said a U.S. diplomat in Jordan who was not authorized to speak publicly on the subject.”

Someone has also figured out that it isn’t a great idea to have a border with Iraq controlled by Syrian Sunni Muslim terrorist Islamists allied with the Sunni terrorists in Iraq who killed so many Americans.

Well, might someone not have thought about that a year or two ago? Because, while nothing could have been more obvious there was no step taken to avoid this situation happening.

 I should point out an important distinction. The problem is not merely al-Qaeda gaining a foothold but also other Salafists or the Muslim Brotherhood doing so. That, however, is not how the Obama administration thinks. For it, al-Qaeda is evil; the other Salafists somewhat bad; and the Muslim Brotherhood good.

What are the other problems here? As so often happens with Western-formulated clever ideas to deal with the Middle East, there are lots of them.

 –The United States has stood aside or even helped arm the Islamists through Turkey, Qatar, and Saudi Arabia. So now the Islamist forces are far stronger than the non-Islamists. That cannot be reversed at this point.

 –Might this be laying the basis for a second Syrian civil war in which the Islamists band together against the FSA? In other words, here is this buffer zone that is backed by the West (imperialism!) to “protect” Israel (the Zionists!), Jordan (traitorous Muslims!), and Iraq (Shia heretics!)

 –The training is limited and the FSA is badly divided among different commanders, defected Syrian army officers, and local warlords. The Brotherhood militia is united and disciplined. The result: worse than Afghanistan because the Islamists would have both the government and the stronger military forces.

 -A situation is being set up in which a future Muslim Brotherhood regime in Syria can blackmail the United States. Either it will force Washington to accept whatever it does (including potential massacres) by threatening to unleash Salafist forces on its borders or it will actually create confrontations.

–Why isn’t the United States working full-time to stop the arms flows to the Islamists by pressuring the Saudis and Qataris (perhaps the point of Secretary of State John Kerry’s trip but hardly effective) and to rein in Turkey’s enthusiasm for a Syrian Islamist regime?

 Speaking of Turkey, now we see the reason for the attempted Israel-Turkey rapprochement, because on top of everything else there will be a Kurdish-ruled zone not run by moderates but by the Syrian affiliate of the radical PKK, which is at war with Turkey.

 –These proposed buffer zones would not receive Western air support or international forces. –Israel has the experience of maintaining a buffer zone in southern Lebanon for years by supporting a militia group. It succeeded for a long time by sending in Israeli troops covertly and taking casualties. In the end, rightly or wrongly, the effort was given up. Now Hizballah—the equivalent though not the friend of the Syrian Salafists—is sitting on the border and already one war has been fought. It should be noted that Israel has by far the most defensible border with Syria.
 
 Another question, however, is whether the buffer zone idea is real because it might camouflage something else. Suppose the United States wants to do something else entirely. This could mean to create a moderate, secularist force that might win a second Syrian civil war in which the rebels fought each other for power. Alternatively, since northern Syria is now dominated by radical Islamists perhaps the U.S. policymakers hope that the southern part of the country could be a non-Islamist enclave. Control over that region might strengthen the hand of the non-Islamists in negotiating the new order in Syria or as a base for waging a second civil war.

So this is the likely fruit of the Syrian civil war, though that conflict is far from over. The old regime is still alive. What U.S. policy has helped to do is to create a big new threat to Turkey, Jordan, Iraq, and Israel. It’s also a threat to Lebanon, but since the Syrian Islamists will target the Iran-backed Hizballah there, Washington doesn’t mind.

What does this have to do with Benghazi? Find out on the next page.

Read this paragraph from the Washington Post:
Obama administration officials have expressed repeated concern that some of about 20,000 of the weapons, called MANPADS, have made their way from the arsenals of former Libyan dictator Moammar (sic) Gaddafi to Syria.
This weapons system might be the most technologically impressive arms ever to fall into the hands of terrorists. Once Libya’s regime fell (another U.S. foreign policy production), these weapons were grabbed by the Libyan rebels and sold to the Saudis and Qataris, who supplied them, respectively, to the Syrian Salafists and the Muslim Brotherhood.

According to reliable sources, Ambassador J. Christopher Stevens was in Benghazi trying to get those MANPADS back and was negotiating with radical militias toward that goal. Stevens was doing something good—trying to take weapons out of the hands of terrorists—and not running weapons to terrorists.

Yet that doesn’t mitigate the mess unleashed by the administration’s policy. At any rate, Stevens and these efforts failed. The money was too good for the Libyan insurgents to pass up, not to mention helping fellow Islamists and anti-Americans. And now thousands of advanced, easily launched anti-aircraft systems are in the hands of anti-Jordanian, anti-Iraqi, anti-Israeli, and possibly anti-Turkish terrorists.

And just imagine the very real possibility of commercial passenger planes being shot at, or even shot down, by terrorists armed with a weapon they obtained because of U.S. government ineptitude or even involvement.

Energy: Drop in CO2 Emissions

More on the dramatic drop in coal CO2 emissions in 2012

co2



Earlier in the week, I posted about the fall in CO2 emissions from coal to a 26-low in 2012 (see chart above).  John Hanger provides some additional commentary today on his blog about the dramatic decline in coal-related CO2 emissions:

By last year, coal’s emissions were back to 1986 levels at 1.66 billion tons, after an enormous plunge during 2012, when gas displaced huge amounts of coal-fired generation. Just in 2012, emissions from coal dropped an astonishing 222 million tons, or close to 12% of the 2011 total. Wow! Wow!

Coal’s emissions fell so much during 2012 that carbon emissions from natural gas exceeded those from coal during January and February of 2012.  Not since probably 1980 or earlier had gas emitted more carbon than coal for a full month.

Since the peak of coal’s emissions in 2005, coal’s carbon emissions dropped 516 million tons in 7 years or an average of 73 million tons per year.  At that rate of decrease, coal’s carbon emissions will be back to 1973 levels by 2020.

Coal’s carbon emissions may not reach the level of the historic 1973 by 2020, but they will sooner or later. It’s not a question anymore of if but when.

Tomorrows vs Yesterdays Energy


Tomorrow’s energy will be the same as yesterday’s energy: Low-cost coal, oil and natural gas, not renewable
s








The chart above shows Department of Energy forecasts for the shares that various fuel sources will provide of our total energy consumption out to the year 2040. Even 27 years from now in the year 2040, the government estimates that we’ll still be relying on fossil fuels (coal, oil and natural gas) for slightly more than 80% of our energy needs, which is only slightly less than the 84.3% fossil fuel share today (see red line in chart). And even with advances in green technologies and the likely billions of dollars of taxpayer subsidies targeted for renewable energy in the coming years, those fuels are predicted to supply less than 11% of our energy needs in 2040.  If we take out hydropower as an energy source, the rest of the most popular green renewables (solar, wind and biofuels) will only supply slightly more than 8% of our energy 27 years from now. In other words, more than a quarter century from now in the year 2040,
our energy sources will be pretty much exactly like they are today – fossils fuels will continue to supply more than 80% of our energy needs, and renewable energy sources will remain relatively insignificant.

In today’s Washington Examiner, Robert Bryce of the Manhattan Institute reminds us that President Obama in his 2011 State of the
Union speech referred to oil as “yesterday’s energy” and expressed his intention to spend more federal tax of your taxpayer dollars on “clean energy technologies” – supposedly “tomorrow’s energy.” And yet Obama’s own Department of Energy paints a much different energy future for America than Obama’s outlook – it’s an energy future that looks very much like today -  with fossil fuels supplying the large majority of our energy, and renewables playing a relatively minor role. Here’s how Robert Bryce explains America’s energy situation:

No other substance comes close to oil when it comes to energy density, ease of handling, and flexibility. Those properties explain why oil provides more energy to the global economy — about 33 percent — than any other fuel. …

Those facts haven’t stopped Obama, or his political appointees, or leading environmentalists from demonizing oil at every opportunity.
Cheap, abundant, reliable energy supplies are essential for economic development. Despite many decades of dire predictions of energy shortages, along with the calamity and economic problems that would come from such shortages, the world continues to increase production of hydrocarbons.

Those increases are a direct result of continuing innovation in the drilling sector, and those innovations provide plenty of reason to assume that oil and natural gas will remain dominant players in the global energy market for decades to come.
MP: The reality is that our economy will continue to rely overwhelmingly on traditional fossil fuel energy sources in the 21st century as Robert Byrce suggests in today’s Washington Examiner. Obama might wish for a future dominated by alternative energies, but the scientific and economic realities suggest that the “fuels of the future” will mostly be the same as the “fuels of the past” — dependable and low-cost oil, natural gas, and coal.

Update: The chart below adds nuclear as another fuel source, in response to a comment from Justin, who wonders “where nuclear fits into the data.” I didn’t include it before for several reasons: a) it hasn’t been a big part of the recent energy debate, which seems to have focused mostly on the controversy between fossil fuels and renewables, b) nuclear’s share of energy consumption is expected to remain constant at about 8.8% of energy demand between 2010-2040, and c) the chart gets too crowded in the lower range because nuclear’s share is so close to the renewable share.  So in the new chart below, I’ve added nuclear to fossil fuels to show the combined share of those energy sources, see orange line below. 




More Obama Conspiracy

The Mystery Of Barack Obama Continues
 By Steve Baldwin for the Western Center for Journalism

Most Americans don’t realize we have elected a president whom we know very little about.

Researchers have discovered that Obama’s autobiographical books are little more than PR stunts, as they have little to do with the actual events of his life. The fact is we know less about President Obama than perhaps any other president in American history and much of this is due to actual efforts to hide his record. This should concern all Americans.
A nation-wide network of researchers has sprung up to attempt to fill in the blanks, but at every opportunity Obama’s high-priced lawyers have built walls around various records or simply made them disappear. It is estimated that Obama’s legal team has now spent well over $1.4 million dollars blocking access to documents every American should have access to. The question is why would he spend so much money to do this?
The president who campaigned for a more “open government” and “full disclosure” will not unseal his medical records, his school records, his birth records or his passport records. He will not release his Harvard records, his Columbia College records, or his Occidental College records—he will not even release his Columbia College thesis. All his legislative records from the Illinois State Senate are missing and he claims his scheduling records during those State Senate years are lost as well. In addition, no one can find his school records for the elite K-12 college prep school, Punahou School, he attended in Hawaii.
What is he hiding? Well, for starters, some of these records will shed light on his citizenship and birth.

For example, Obama’s application to Punahou School – now mysteriously missing – would likely contain a birth certificate. And, ccording to attorney Gary Kreep, “his Occidental College records are important as they may show he attended there as a foreign exchange student.” Indeed, Obama used his Indonesian name “Barry Soetoro” while attending Occidental. Kreep has filed lawsuits challenging Obama’s eligibility to be president and as part of his lawsuit he requested Obama’s records from Occidental. However, Obama’s lawyers quickly moved to stop Occidental from honoring this request.
Furthermore, now that at least three document authentication experts have declared the scanned “Certificate of Live Birth” Obama’s campaign team gave to a pro-Obama website to be an obvious phony; we know that he is hiding something here as well.
Over 49 separate law suits have been filed on the eligibility/birth certificate issue alone, with several of the suits making it all the way the United States Supreme Court, only to be denied a full hearing.

What’s more, there are questions about how he paid for his Harvard Law School education since, despite a claim by Michele Obama, no one has produced any evidence that he received student loans. The Obamas will not release any student loan details despite repeated requests from the Chicago Tribune. However, it appears that his Harvard education may have been paid for by a foreign source. Khalid Al-Mansour, an advisor to Saudi prince Al-Walid bin Talah, told Manhattan Borough president, Percy Sutton, that he was raising money for Obama’s Harvard tuition. Incidentally, Prince Tala is the largest donor to CAIR, a Muslim group declared by the U.S. Government in 2007 as an unindicted co-conspirator in a terrorist financing trial. At least three of CAIR’s leaders have been indicted for terrorist activities. Al-Mansour’s admission opens up speculation as to whether Muslim interests have assisted Obama’s career in the hope he would eventually be in a position someday to promote their interests.
More recently, it was discovered that Obama’s Selective Service card may have been doctored. Federal law requires all American males to register for the Selective Service (the draft) in case a major war broke out. Blogger Debbie Schlussel has discovered solid evidence that Obama’s Selective Service registration form was submitted not when he was younger as required, but rather in 2008 and then altered to look older. Indeed, the forgers forgot to alter the “Document Location Number” which shows that it is clearly a 2008 form. This is fraud and it’s a felony and Schlussel’s allegations are backed up by Stephen Coffman, a former high-ranking Federal agent. Moreover, the document shows a September 4th, 1980 date and the location of the transaction as Hawaii, but at that time Obama was thousands of miles away attending Occidental College in Los Angeles.
The real reason why Obama probably did not submit this form as a teenager is that he assumed his Kenyan or Indonesian citizenship exempted him from this requirement. But clearly, as he grew older and entered politics, he saw that any documents revealing a foreign birth – Selective Service registration, birth certificate, school applications, etc – would be problematic if he ran for the presidency. Thus, it is not a coincidence that every document which contains information about his birth or citizenship is either missing, sealed, or has been altered.
Indeed, everywhere one looks into Obama’s background, we find sealed records, scrubbed websites, altered documents, deception and unanswered questions. Can anyone imagine for a second if John McCain or George Bush had blocked access to his school, medical, and birth records? It would have been headlines in their case,  but as with everything else concerning Obama, the media has given him a pass on this.
Of all these marvels, the latest mystery and probably most perplexing is that of Obama’s social security number. It appears that Obama has multiple identities in term of possessing numerous social security numbers. Orly Taitz, an attorney who has filed numerous suits against Obama regarding his eligibility to serve as president, appears to have been the first to discover this. In her suit, representing a number of military officers who are refusing to serve under an ineligible commander in chief, she hired private investigator Neil Sankey to conduct research on Obama’s prior addresses and Social Society numbers. Using Intelius, Lexis Nexis, Choice Point and other public records, Sankey found around 25 Social Security numbers connected with Obama’s name.
However, it may not be as many as 25, since Sankey also searched using closely related names such as: “Barak Obama,” “Batock Obama,” “Barok Obama,” and “Barrack Obama.” There may very well be some Kenyans living in America with the same last name and a similar first name. In any case, I will exclude these records for the purpose of this research and focus only on names spelled exactly like his name. Moreover, we can verify many of the Social Security numbers as valid since they’re connected to addresses at which we know Obama resided. Needless to say, there are also a slew of address and social security numbers connected to addresses in states that Obama has no known connection to.
In Obama’s home state, Illinois, Sankey tracked down 16 different addresses for a Barack Obama or a Barack H. Obama, of which all are addresses he was known to have lived at. Two Social Security numbers appear for these addresses, one beginning with 042 and one starting 364.
In California, where Obama attended Occidental College, there are six addresses listed for him, all within easy driving distance of the college. However, there are three Social Security numbers connected to these addresses, 537 and two others, each beginning with 999.
There are no addresses listed in New York where he attended Columbia University, but there is one listed for him in nearby Jackson, NJ, with a Social Security number beginning with 485.

In Massachusetts – where Obama attended Harvard Law School – we find three addresses, all using the 042 Social Security number. After Obama was elected to the United States Senate in 2005, he moved into an apartment at 300 Massachusetts Ave NW; the Social Security number attached to that address is the 042 one. Yet, three years later, Obama used a different Social Security number for an address listed as: 713 Hart Senate Office Building. This was the address of his United States Senate office. This Social Security number began with 282 and was verified by the government in 2008.
This mystery grows even stranger as other addresses and Social Security numbers for Barack Obama appear in a dozen other states not known to be connected to him. Again, I am excluding those records names not spelled exactly like his name.
    •    Tennessee, one address with a Social Security number beginning with 427
    •    Colorado, one address, with a Social Security number beginning with 456.
    •    Utah, two addresses, with two Social Security numbers beginning with 901 and 799.
    •    Missouri has one address and one Social Security number beginning with 999.
    •    Florida has two addresses listed for his him, three if you count one listed as “Barry Obama.” One is connected to a Social Security number beginning with 762.
    •    In Georgia there are three addresses listed for him, all with different Social Security numbers: 579, 420, and 423.
    •    In Texas there are four different addresses listed for him, one is connected to Social Security number 675.
    •    There are two addresses listed for Barack Obama in Oregon and one address listed for him in  the states of Wisconsin, Michigan, South Carolina, and Pennsylvania.
All told, there are 49 addresses and 16 different Social Security numbers listed for a person whose name is spelled “Barack Obama.” In some cases, the middle initial “H” is listed. If you were to expand the search to include closely related names such as: “Barac,” “Barak,” and “Barrack” Obama, you would find more than a dozen additional addresses and Social Security numbers.
Finally, the one Social Security number Obama most frequently used, the one beginning with 042, is a number issued in Connecticut sometime during 1976-1977, yet there is no record of Obama ever living or working in Connecticut. Indeed, during this time period Obama would have been 15-16 years old and living in Hawaii at the time.

Nevertheless, all this mystery surrounding Obama appears to be a generational thing. Researchers have discovered nearly a dozen aliases, at least two different Social Security numbers, and upwards of over 99 separate addresses for Ann Dunham, his mother. We do know she worked for the ultra liberal Ford Foundation but we also know she may have earned some income from pornographic poses, as evidenced by photos recently discovered by some researchers—how embarrassing. The only thing researchers are able to find out about Obama’s mother is the fact she made porn. I’m sure that’s a first for presidential mothers.
But we also know that Obama’s mother and grandparents associated with Communist Party leaders such as Frank Marshall Davis, a man who, according to Obama’s book, Dreams from my Father, was his main mentor during much of his Hawaiian boyhood (although Obama tried to disguise his identity in his book). During the Cold War, Davis was named by congressional investigators as a key member of a secretive pro-Soviet networked that existed in Hawaii at that time.

The lack of documents regarding Obama also extends to his mother and to his grandparents. Indeed, researchers have been unable to find marriage licenses for his mother’s two marriages, assuming she was ever legally married. Ditto goes for the marriage license for Ann’s parents. They cannot find birth certificates for her, her parents, or for even for her grandparents. Even more so, despite Obama’s boast of his grandfather’s military service, there’s no record of that either. For reasons no one knows, much of Obama’s life, his mother’s life and his grandparent’s life has been erased from the records as if they never existed.
But why would someone obtain so many Social Security numbers? According to investigators, those who create additional Social Society numbers are typically engaged in criminal activities such as Social Security fraud, tax fraud, real estate fraud, campaign

“Madeline Dunham was a volunteer at the Oahu Circuit Court probate department and had access to the Social Security numbers of deceased people.
contributions fraud, voter fraud and so on. While the private investigator who compiled this list says multiple social security numbers does not automatically prove there’s criminal activity involved, he states that “having said that, I have personally experienced many, many cases where such information has led to subsequent exposure of fraud, deception, money laundering and other crimes.“What is interesting to note is that Obama’s grandmother, Madelyn Dunham, was a volunteer at the Oahu Circuit Court probate department and had access to the Social Security numbers of deceased people.
It is clear that more research needs to be done on this issue. The Western Center for Journalism
( http://www.westernjournalism.com) is inviting readers to join the search for the truth. If you have any information about any of the addresses listed, they would love to hear from you. To find a complete list of all the addresses and Social Security numbers listed in the public record for Obama and family, please go to the Western Center for Journalism.

Wednesday, April 3, 2013

Schools Push an Agenda - of Propaganda

Schools push a curriculum of propaganda

By , Published: April 3

The real vocation of some people entrusted with delivering primary and secondary education is to validate this proposition: The three R’s — formerly reading, ’riting and ’rithmetic — now are racism, reproduction and recycling. Especially racism. Consider Wisconsin’s Department of Public Instruction. It evidently considers “instruction” synonymous with “propaganda,” which in the patois of progressivism is called “consciousness-raising.”

Wisconsin’s DPI, in collaboration with the Orwellian-named federal program VISTA (Volunteers in Service to America; the “volunteers” are paid), urged white students to wear white wristbands “as a reminder about your privilege, and as a personal commitment to explain why you wear the wristband.” A flyer that was on the DPI Web site and distributed at a DPI-VISTA training class urged whites to “put a note on your mirror or computer screen as a reminder to think about privilege,” to “make a daily list of the ways privilege played out” and to conduct an “internal dialogue” asking questions such as “How do I make myself comfortable with privilege?” and “What am I doing today to undo my privilege?”

After criticism erupted, the DPI removed the flyer from its Web site and posted a dishonest statement claiming that the wristbands were a hoax perpetrated by conservatives. But, again, the flyer DPI posted explicitly advocated the wristbands. And Wisconsin’s taxpayer-funded indoctrination continues, funded by more than Wisconsin taxpayers.

In Delavan-Darien High School’s “American Diversity” curriculum, students were urged to verify white privilege by visiting a Wal-Mart toy section and counting the white and black dolls. After objections, the school district is reconsidering this curriculum.

Such distractions from the study of calculus and literature are encouraged by CREATE Wisconsin (the acronym stands for Culturally Responsive Education for All: Training and Enhancement), which is funded with federal tax dollars from IDEA, the Individuals with Disabilities Education Act. The disability being rectified here is, presumably, the handicap of insufficient guilt — arising from false consciousness — about white privilege.

Today, the school systems in 20 states employ more non-teachers than teachers. The Friedman Foundation for Educational Choice reports that between 1950 and 2009, while the number of K-12 students increased 96 percent, full-time-equivalent school employees increased 386 percent. The number of teachers increased 252 percent, but the number of bureaucrats — including consciousness-raising sensitivity enforcers and other non-teachers — increased 702 percent. The report says states could have saved more than $24 billion annually if non-teaching staff had grown only as fast as student enrollment. And Americans wonder why their generous K-12 financing (higher per pupil than all but three of the 34 Organization for Economic Cooperation and Development nations) has done so little to improve reading, math and science scores.

Higher education, from which much of such diversity and sensitivity nonsense trickles down, cries poverty while spending lavishly on administrative overhead irrelevant to its teaching and research missions. The Manhattan Institute’s Heather Mac Donald notes that in 2011, while the University of California at San Diego was pruning academic offerings, it created a “vice chancellor for equity, diversity and inclusion” to augment a diversity apparatus that included an assistant vice chancellor for diversity; faculty advisers, staff, graduate and undergraduate diversity coordinators and liaisons; a director of development for diversity initiatives; the Committee on Gender Identity and Sexual Orientation Issues; the Diversity Council; the Campus Council on Climate, Culture and Inclusion; and much more.

Perhaps tens of millions could be diverted from progressive gestures to academic purposes by abolishing on every American campus every administrative position whose title contains the words “diversity,” “equity,” “race,” “ethnicity,” “sustainability,” “green,” “gender,” “inclusion,” “identity,” “interconnectivity,” “globalization,” “climate,” “campus climate,” “cross-cultural” or “multiculturalism.”

No corner of the country is immune to propaganda pretending to be pedagogy. Lincoln Brown of KVEL-AM in Vernal, Utah, says one student from the University of Utah showed him required reading that told students to “list ways your family may have colluded with or benefited from the exploitation of African-Americans.” Another reading was titled “White Privilege — Unpacking the Invisible Knapsack.”

Twenty-five years ago, President Reagan, paraphrasing Education Secretary William Bennett, said: “If you serve a child a rotten hamburger in America, federal, state and local agencies will investigate you, summon you, close you down, whatever. But if you provide a child with a rotten education, nothing happens, except that you’re liable to be given more money to do it with.” But only until the soaring tuitions and taxes that fund this featherbedding for administrators of political correctness create a critical mass of parental and taxpayer disgust.

 
Read more from George F. Will’s archive or follow him on Facebook.

Monday, April 1, 2013

Stockman on the Economy

Stockman: The End Is Near and There’s Nothing We Can Do About It

Posted By Rick Moran On March 31, 2013 @ 10:48 am In Economy,Politics | 69 Comments

I’ve read a lot of doom-and-gloom analysis from financial experts over the last couple of years, but this one by former Reagan OMB Director David Stockman takes first prize for scaring the holy living beejeeses out of me.

A few highlights:
Since the S.&P. 500 first reached its current level, in March 2000, the mad money printers at the Federal Reserve have expanded their balance sheet sixfold (to $3.2 trillion from $500 billion). Yet during that stretch, economic output has grown by an average of 1.7 percent a year (the slowest since the Civil War); real business investment has crawled forward at only 0.8 percent per year; and the payroll job count has crept up at a negligible 0.1 percent annually. Real median family income growth has dropped 8 percent, and the number of full-time middle class jobs, 6 percent. The real net worth of the “bottom” 90 percent has dropped by one-fourth. The number of food stamp and disability aid recipients has more than doubled, to 59 million, about one in five American
[...]
As the federal government and its central-bank sidekick, the Fed, have groped for one goal after another — smoothing out the business cycle, minimizing inflation and unemployment at the same time, rolling out a giant social insurance blanket, promoting homeownership, subsidizing medical care, propping up old industries (agriculture, automobiles) and fostering new ones (“clean” energy, biotechnology) and, above all, bailing out Wall Street — they have now succumbed to overload, overreach and outside capture by powerful interests. The modern Keynesian state is broke, paralyzed and mired in empty ritual incantations about stimulating “demand,” even as it fosters a mutant crony capitalism that periodically lavishes the top 1 percent with speculative windfalls.
[...]
Soon Americans stopped saving and consumed everything they earned and all they could borrow. The Asians, burned by their own 1997 financial crisis, were happy to oblige us. They — China and Japan above all — accumulated huge dollar reserves, transforming their central banks into a string of monetary roach motels where sovereign debt goes in but never comes out. We’ve been living on borrowed time — and spending Asians’ borrowed dimes.
This dynamic reinforced the Reaganite shibboleth that “deficits don’t matter” and the fact that nearly $5 trillion of the nation’s $12 trillion in “publicly held” debt is actually sequestered in the vaults of central banks. The destruction of fiscal rectitude under Ronald Reagan — one reason I resigned as his budget chief in 1985 — was the greatest of his many dramatic acts. It created a template for the Republicans’ utter abandonment of the balanced-budget policies of Calvin Coolidge and allowed George W. Bush to dive into the deep end, bankrupting the nation through two misbegotten and unfinanced wars, a giant expansion of Medicare and a tax-cutting spree for the wealthy that turned K Street lobbyists into the de facto office of national tax policy. In effect, the G.O.P. embraced Keynesianism — for the wealthy.
[...]
THE state-wreck ahead is a far cry from the “Great Moderation” proclaimed in 2004 by Mr. Bernanke, who predicted that prosperity would be everlasting because the Fed had tamed the business cycle and, as late as March 2007, testified that the impact of the subprime meltdown “seems likely to be contained.” Instead of moderation, what’s at hand is a Great Deformation, arising from a rogue central bank that has abetted the Wall Street casino, crucified savers on a cross of zero interest rates and fueled a global commodity bubble that erodes Main Street living standards through rising food and energy prices — a form of inflation that the Fed fecklessly disregards in calculating inflation.
These policies have brought America to an end-stage metastasis. The way out would be so radical it can’t happen. It would necessitate a sweeping divorce of the state and the market economy. It would require a renunciation of crony capitalism and its first cousin: Keynesian economics in all its forms. The state would need to get out of the business of imperial hubris, economic uplift and social insurance and shift its focus to managing and financing an effective, affordable, means-tested safety net.
More on the next page.
Politicians in the industrialized West have become quite adept at kicking the can down the road to avoid facing what Stockman so presciently describes. The last three years in Europe have been spent avoiding calamity by hoping that eventually something will turn up to save them. Patching together temporary fixes doesn’t solve anything.
In America, we are doing an excellent job of pretending as well — except our rich and varied fantasy life involves arguments over cutting miniscule amounts from a budget that has been running annual deficits of a trillion dollars.
Wall Street has us by the throat and Washington has us by a body part further south. Stockman’s advice of what to do is both frightening and depressing:
The United States is broke — fiscally, morally, intellectually — and the Fed has incited a global currency war (Japan just signed up, the Brazilians and Chinese are angry, and the German-dominated euro zone is crumbling) that will soon overwhelm it. When the latest bubble pops, there will be nothing to stop the collapse. If this sounds like advice to get out of the markets and hide out in cash, it is.


Article printed from The PJ Tatler: http://pjmedia.com/tatler

Death of thenFamily

The Death of the Family
By Mark Steyn
March 29, 2013 3:00 P.M.

Gay marriage? It came up at dinner Down Under this time last year, and the prominent Aussie politician on my right said matter-of-factly, “It’s not about expanding marriage, it’s about destroying marriage.”

That would be the most obvious explanation as to why the same societal groups who assured us in the Seventies that marriage was either (a) a “meaningless piece of paper” or (b) institutionalized rape are now insisting it’s a universal human right. They’ve figured out what, say, terrorist-turned-educator Bill Ayers did — that, when it comes to destroying core civilizational institutions, trying to blow them up is less effective than hollowing them out from within.

On the other hand, there are those who argue it’s a victory for the powerful undertow of bourgeois values over the surface ripples of sexual transgressiveness: Gays will now be as drearily suburban as the rest of us. A couple of years back, I saw a picture in the paper of two chubby old queens tying the knot at City Hall in Vancouver, and the thought occurred that Western liberalism had finally succeeded in boring all the fun out of homosexuality.

Which of these alternative scenarios — the demolition of marriage or the taming of the gay — will come to pass? Most likely, both. In the upper echelons of society, our elites practice what they don’t preach. Scrupulously nonjudgmental about everything except traditional Christian morality, they nevertheless lead lives in which, as Charles Murray documents in his book Coming Apart, marriage is still expected to be a lifelong commitment. It is easy to see moneyed gay newlyweds moving into such enclaves, and making a go of it. As the Most Reverend Justin Welby, the new Archbishop of Canterbury and head of the worldwide Anglican Communion, said just before his enthronement the other day, “You see gay relationships that are just stunning in the quality of the relationship.” “Stunning”:

What a fabulous endorsement! But, amongst the type of gay couple that gets to dine with the Archbishop of Canterbury, he’s probably right.

Lower down the socioeconomic scale, the quality gets more variable. One reason why conservative appeals to protect the sacred procreative essence of marriage have gone nowhere is because Americans are rapidly joining the Scandinavians in doing most of their procreating without benefit of clergy. Seventy percent of black babies are born out of wedlock, so are 53 percent of Hispanics (the “natural conservative constituency” du jour, according to every lavishly remunerated Republican consultant), and 70 percent of the offspring of poor white women. Over half the babies born to mothers under 30 are now “illegitimate” (to use a quaintly judgmental formulation). For the first three-and-a-half centuries of American settlement the bastardy rate (to be even quainter) was a flat line in the basement of the graph, stuck at 2 or 3 percent all the way to the eve of the Sixties. Today over 40 percent of American births are “non-marital,” which is significantly higher than Canada or Germany. “Stunning” upscale gays will join what’s left of the American family holed up in a chichi Green Zone, while beyond the perimeter the vast mounds of human rubble pile up remorselessly. The conservative defense of marriage rings hollow because for millions of families across this land the American marriage is hollow.

If the Right’s case has been disfigured by delusion, the Left’s has been marked by a pitiful parochialism. At the Supreme Court this week, Ted Olson, the former solicitor general, was one of many to invoke comparisons with Loving v. Virginia, the 1967 case that struck down laws prohibiting interracial marriage. But such laws were never more than a localized American perversion of marriage. In almost all other common-law jurisdictions, from the British West Indies to Australia, there was no such prohibition. Indeed, under the Raj, it’s estimated that one in three British men in the Indian subcontinent took a local wife. “Miscegenation” is a 19th-century American neologism. When the Supreme Court struck down laws on interracial marriage, it was not embarking on a wild unprecedented experiment but merely restoring the United States to the community of civilized nations within its own legal tradition. Ted Olson is a smart guy, but he sounded like Mary-Kate and Ashley’s third twin in his happy-face banalities last week.

Yet, beyond the Court, liberal appeals to “fairness” are always the easiest to make. Because, for too much of its history, this country was disfigured by halfwit rules about who can sit where on public transportation and at lunch counters, the default position of most Americans today is that everyone should have the right to sit anywhere: If a man self-identifies as a woman and wants to sit on the ladies’ toilet, where’s the harm? If a woman wants to be a soldier and sit in a foxhole in the Hindu Kush, sure, let her. If a mediocre high-school student wants to sit in a college class, that’s only fair. American “rights” have taken on the same vapid character as grade-school sports: Everyone must be allowed to participate, and everyone is entitled to the same participation ribbon.

Underneath all this apparent “fairness” is a lot of unfairness. Entire new categories of crime have arisen in the wake of familial collapse, like the legions of adolescent daughters abused by Mom’s latest live-in boyfriend. Millions of children are now raised in transient households that make not just economic opportunity but even elementary character-formation all but impossible. In the absence of an agreed moral language to address this brave new world, Americans retreat to comforting euphemisms like “blended families,” notwithstanding that the familial Cuisinart seems to atomize at least as often as it blends.

Meanwhile, social mobility declines: Doctors who once married their nurses now marry their fellow doctors; lawyers who once married their secretaries now contract with fellow super-lawyers, like dynastic unions in medieval Europe. Underneath the self-insulating elite, millions of Americans are downwardly mobile: The family farmers and mill workers, the pioneers who hacked their way into the wilderness and built a township, could afford marriage and children; indeed, it was an economic benefit. For their descendants doing minimum-wage service jobs about to be rendered obsolete by technology, functioning families are a tougher act, and children an economic burden. The gays looked at contemporary marriage and called the traditionalists’ bluff.

Modern Family works well on TV, less so in the rusting double-wides of decrepit mill towns where, very quickly, the accumulated social capital of two centuries is drained, and too much is too wrecked. In Europe, where dependency, decadence, and demographic decline are extinguishing some of the oldest nations on earth, a successor population is already in place in the restive Muslim housing projects. With their vibrant multicultural attitudes to feminism and homosexuality, there might even be a great sitcom in it: Pre-Modern Family — and, ultimately, post-Modern.

“Fiscal conservatives” recoil from this kind of talk like homophobes at a bathhouse: The sooner some judge somewhere takes gay marriage off the table the sooner the right can go back to talking about debt and Obamacare without being dismissed as uptight theocratic bigots. But it doesn’t work like that. Most of the social liberalism comes with quite a price tag. The most reliable constituency for Big Government is single women, for whom the state is a girl’s best friend, the sugar daddy whose checks never bounce. A society in which a majority of births are out of wedlock cannot be other than a Big Government welfare society. Ruining a nation’s finances is one thing; debauching its human capital is far harder to fix.

 Mark Steyn, a National Review columnist, is the author of After America: Get Ready for Armageddon. © 2013 Mark Steyn