Category Archives: Business

Three Almighty Amigos

Business, IMMIGRATION

Apples and oranges. The article “Break the Immigration Impasse,” as Mark Levin pointed out today, has absolutely nothing to do with the deluge of Central-American dependents across the Southern US border. Written by three business men who’re worth many billions—SHELDON G. ADELSON, WARREN E. BUFFETT and BILL GATES—the editorial dwells on skilled immigration. The new arrivals, for whom the welcome-mat is being rolled out, are unskilled. To switch the three amigos’ words around, they’ll “make hefty withdrawals from the economy, not deposits.”

Aside from conflating their wishes with “the nation’s interests,” the three billionaires manage also to cram the short op-ed with misconceptions (or lies).

There is no limit to the number of geniuses American companies can import through the open-ended O-1 visa program, which allows unlimited access to individuals with unique abilities. I imagine that a graduate student with unique abilities can apply for an 0-1 visa.

Levin is absolutely correct. These ponces have written an op-ed in a paper no real American will even read, purporting to know what’s good for the same folks and their families. Does Gates send his kids to the overflowing and backward public schools? Do bully boy Buffett’s grandchildren mix with yours at the local community college? Do ADELSON, BUFFETT and GATES live in third-world east Los Angeles?

What hubris.


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UPDATED: Desperately Seeking Desperadoes in Diapers

Business, Founding Fathers, IMMIGRATION, libertarianism, Nationhood

“Desperadoes in Diapers” is the current column, now on The Quarterly Review. An excerpt:

“First they came: thousands of unaccompanied illegal minors rushing the South-Western border. Then came the theories as to why they came. Determined not to miss a trick, America’s traitor elite—open-border interests and enemies of private-property rights—called the arrivals refugees, victims of nativist Know-Nothings who want invaders turned away. The desperadoes in diapers were also said to have fallen victim to a sudden deterioration in conditions in Central America. No proof has been advanced for the claim that, all of a sudden, things in Guatemala, Honduras and El Salvador have worsened. Because they reason in circles, no-border advocates deploy no logic to justify their claims. Only this did these Aristotelians say:

That Central American minors are arriving, hat-in-hand, is in itself proof that their homes have become uninhabitable. Quod erat demonstrandum (as Erik Rush likes to say); Q.E.D.; case proven.

Having been given the go-ahead by media mogul Rupert Murdoch—he came out for de facto limitless importation of third-world immigrants—his employees at Fox News cued the violins. Shepherd Smith was weeping and gnashing his teeth: “Not politics, but the disgusting conditions in their countries have sent these kids to our shores,” he asserted. “What is a caring nation to do? Their parents love them so much; they gave them to smugglers for a better life.”

However poor, this here mother would never have handed over her daughter to a smuggler. But what do I know about parental love? No more than the nation’s first president knew about the glue that was meant to keep America together.

In his Farewell Address, George Washington presented what historian Paul Johnson calls “an encapsulation of what [he] thought America was, or ought to be, about.” America, said Washington, “is a country which is united by tradition and nature. ‘With slight shades of difference, you have the same Religion, Manners, Habits and Political Principles.’”

What a dummy!

“The children, the children,” wailed Fox News’ Megyn Kelly. “It’s all about the children. We are the United States, what do we do about the children?” Such showy “humanitarianism” invariably means the following: Working people in the U.S., with children of their own to mind, will be roped into supporting the children of the world. Enslave one set of people to whom American politicians are beholden by law, for the benefit of another.

Where’s the humanity for the non-consenting host population? …

Read the compete column. “Desperadoes in Diapers” is now on The Quarterly Review..

Our German readers can now follow this column and other worthy writers in the JUNGE FREIHEIT, a weekly newspaper of excellence.

Editors wishing to feature the “Return to Reason” column in their publications, pixel or paper, please contact Bookings@ilanamercer.com. Or, ilana@ilanamercer.com

UPDATE (7/3): Myron Robert Pauli: “I liked the quote of John Quincy Adams. Historian David McCullom said he was the most intelligent of our Presidents. His nickname was Old Man Eloquent. When one plots the trajectory from John Quincy (‘America does not go around in search of monsters to destroy …. She might become the dictatress of the world’) Adams to Bush-II and Obama, it makes me want to cry. – - – Arguably, I am a classical liberal but not a libertarian anarchist OR a welfare-socialist. I do not want foreign mobs taking $$ and turning the country even more socialistic nor do I want to have to turn my own home into a personal fortress to keep out the horde. The reality of modern America is that Washington and Adams would essentially be intellectual outcasts in America of 2014.”


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Surface Pro 3: Perfection

Business, Intelligence, Technology

Surface Pro 3: It is perfection. Congratulation to my pepes on the project—they must remain anonymous as only the Big Dogs get the credit. First and foremost is the spouse, Sean. Next is The Other Oracle, sage of the antenna. Especially ingenious is the Surface Pen, which sports a tiny clip into which an even tinier antenna has been fitted. So spectacular is Surface Pro 3, that one can pardon Mr. Panay’s perversion of the English language to describe its ergonomic functionality: “Lapability.” Speaking of biotechnology: Kudos too to “Tigger” on keyboards.


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It’s Official: Obama Care To End Employer-Based Health Care

Business, Healthcare, Labor, Regulation

In “The Glories of Hussein’s Proctology,” I worried that, “Perhaps, like Michelle Malkin, I too will lose my coverage. It is not impossible that even a mammoth like Microsoft, whose chairman trumpets Big Government at every turn, will see the benefits to the bottom line of dropping spouses like myself.”

Our healthcare plan has since altered for the first time ever. The complete coverage we were previously afforded is now a high-deductible, cost-sharing plan with a health-savings account. It had already cost us over 2000 additional dollars in 2013.

A year has gone by, and the New York Times is pleased to bring tidings of these very developments, agreeing for the most with the researchers, S&P Capital IQ, that pushing people like me off coverage we like and want to keep, and onto the Idiot’s exchanges will make us gormless fools “more autonom[y] around [the] management of [our] own health care.”

The NYT is correct in that the third-payer system has turned the employer into “a social service agency.” The answer, however, is not more government, but a free-market in medicine where nothing comes between doctor and patient.


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Statists Collude In Sundering Honourable Swiss Tradition

Business, Economy, English, EU, Europe, Law, Taxation, The State

If the law applied equally to the state and not only to its subjects, the colluding governments—a cartel, really—participating in the concerted action against Switzerland would be prosecuted under anti-trust laws, for the creation of a global tax monopoly.

In 2010, it was reported that the US was putting pressure on Switzerland to end that country’s venerated tradition of “helping private property owners shield their assets against legalized theft (taxation).” Uncle Sam was meddling in the financial sector of an ostensibly sovereign state, siccing its legal footsoldiers on UBS AG, a Zurich and Basel-based financial establishment (and its American clients), because of tax evasion.

When they are not bailing out failed financial institutions, our statists are bankrupting viable ones.

Fast forward to 2014, and it transpires that the statists have succeeded—and not only semantically: banking privacy is now referred to as “tax secrecy.”

No secrets should be kept from The State.

At a ministerial meeting in Paris on Tuesday, Switzerland agreed to sign up to a new global standard on automatic information exchange, representing a decisive break with its centuries-old commitment to protecting the privacy of banking clients.
The move is a big step forward for governments that have mounted a concerted attack on evasion in the wake of the global financial crisis and a series of tax scandals.
Swiss co-operation is pivotal to the struggle to prise open taxpayers’ hidden accounts because of its long tradition of bank secrecy and its dominant wealth management sector, which has $2.2tn of offshore assets.
The declaration, which was signed at the Organisation for Economic Co-operation and Development in Paris, requires countries to collect and exchange information on bank accounts and the beneficial ownership of companies and other legal structures such as trusts. …

“European governments expect billions of euros to be repatriated as a result of the evasion crackdown.” “Repatriate” is yet another bit of semantic casuistry intended to whitewash these governments’ global property grab.

MORE Via FT.

Back to the post’s opening salvo: Sadly, even if a fair adjudicator were able to prosecute the colluding cartel on the grounds stated—the taxpayers would end up paying for the crimes.


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Government Motors (GM) Is Reckless? You Don’t Say!

Business, Free Markets, Government, Law, Welfare

The greater the incursion of government into markets, the less quality control consumers are able to exert over the products they purchase.

GM (Government Motors) has been propped up by “government-backed guarantees,” on the backs of taxpayers. That’s government’s SOP (Standard Operating Procedure).

Government Motors was further inoculated against legal liability by filing for Chapter 11 protection, or bankruptcy.

“Immunity is pure cowardice,” complained a plaintiff. “They are hiding behind bankruptcy.”

You got it. That’s what government-supported bankruptcy did for Government Motors. It conferred “legal immunity from liability for deaths or injuries in accidents that happened before the current company was created out of the government-supported bankruptcy in July 2009. It was left free of old claims and lawsuits and those remained with ‘old GM,’ which holds assets and liabilities that did not go with the ‘new GM.’”

People have to make up their minds, for once and for all. Do they wish to rely on the benevolence of market forces or the malevolence of government force.


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