Category Archives: Business

A Candidate To ‘Kick The Crap Out Of All The Politicians’

Business, Celebrity, Crime, Elections, IMMIGRATION, Media, Politics

“A Candidate To ‘Kick The Crap Out Of All The Politicians’” is the current column, now on The Unz Review. An excerpt:

Since he announced for president, real-estate tycoon Donald Trump has distinguished himself from the pack of Republican presidential hopefuls.

Trump claims he opposed the invasion of Iraq. If this is true, it would make him better than almost all his Republican competitors, who mulishly continue to justify the most disastrous military campaign in American history (besides the War Between The States).

Decisive and to the point was Trump about liberalizing ties with Cuba: “It’s time!” he stated. The man who wrote “The Art of The Deal,” however, would rather a “deal” with Cuba favored ordinary Americans and Cubans, and would know how to “deliver the goods.”

We inhabit a world of managed, not free, trade. Trump is no rent-seeking political rat like every other Republican competing for the throne (besides Ben Carson, who is similarly motivated). Better than any self-interested politician, Trump can probably negotiate winning deals on all Treaties in Force, to the benefit of Americans.

“I’m really rich,” Trump swanked disarmingly. Being independently and stupendously wealthy means that this American individualist can continue to march to his own drumbeat; be as blunt and bold as he wants and pander to nobody.

“His fellow GOP presidential candidates,” explained Trump, are “totally controlled by their donors, by the lobbyists and by the special interests. If we have another politician, this country’s going down. … I’ve watched the politicians, I’ve dealt with them all my life. They will never make America great again. They don’t even have a chance.”

In the productive, non-parasitical economy, Trump has been enormously successful. Career politicians have created the hot mess that is America. The Founding Fathers wanted regular citizens to serve the public, not live off it as a vocation. Such upstanding Americans were to return to their careers after serving.

The consummate homo economicus, Trump is a rational actor in the market place. Unlike the rest of the GOP contenders who’re guided by political calculations; Trump speaks like a man to whom rational economic choices are second nature. …

Read the rest. “A Candidate To ‘Kick The Crap Out Of All The Politicians’” is the current column, now on The Unz Review.


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Yippee, Lew Rockwell And I Agree On The Donald

Business, Celebrity, Elections, Politics

About Donald Trump’s announcement, Lew Rockwell writes the following, today:

As a populist, Donald attracts all those who have been kicked in the teeth by the system, and despise its politicians. Plus nobody is afraid that Don would rob the treasury. … Trump is a sweet guy in private, the soul of courtesy to his employees. Politics is a haven for the sort of man who makes himself feel important by abusing those who can’t respond, like the creepy Santorum.

BTW, Limbaugh said today he wished the [neo]conservatives would go after Hillary the way they’ve gone after Trump.

Lew refers readers to this RedState.com column by Erick Erickson:

… Donald Trump is the disrespectful candidate for people who disrespect the process. He’ll be rude. He’ll be loud. He’ll be confrontational. And he won’t get the nomination. But along the way, he will speak to the fears and hopes of a lot of people who no longer connect with Washington or trust the government to get it right.

For a lot of people who hate politicians who go to Washington to get rich off the system like Sen. Harry Reid (D-NV) 0%, they can trust that Donald Trump is already a billionaire so will not need to enrich himself off the treasury. Trump’s campaign, like Ben Carson’s, makes no sense in an age when people respect Washington. But it makes a hell of a lot of sense in an age when people no longer think their vote matters, but they sure want the crap kicked out of all the politicians they blame for making their vote meaningless.

The people who no longer think they can win in America will side with a guy even they don’t think can win, just to watch him strike the match and burn down all they feel betrayed them. And that, ironically, can give him staying power when coupled with his money.

We’ll see if he actually files a federal financial disclosure.

There is one more thing I want you to know about Donald Trump. I’ve met him and interviewed him before. When the camera was not on and the interview was not going, he was not The Donald. He was a guy who cared deeply for his staff and the people who merely walked in the front door of his building. I want you to know that the Donald Trump I’ve seen in private is not the Donald Trump you see on stage because I think we are not going to see that Trump. It’s our loss and it will be his own loss. The person, a separate entity from the personality, is a good man.

The reason I don’t much care for Rick Santorum is that I’ve seen him, off camera and behind the scenes when no one was supposed to be watching, behave like a spoiled and entitled rich kid snapping at people in a lower position than himself when he did not need to. It’s also why I have a soft spot for Trump. From the same vantage point, I’ve seen him behave kindly to people far lower on the rung of life than him when he did not have to. Character when the camera isn’t rolling counts in my book.

Unfortunately for Trump, The Donald does not come across in public the way Mr. Trump does behind the scenes.

The complete column.

RELATED: “The Trump Card” (6/16)


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UPDATE: The Trump Card

Business, Elections, Politics

The megalomaniacal Donald Trump used to scare me. “The business mogul seemed to be motivated by the sense that the nimbus of great power that surrounds the US was dissipating. It hadn’t occurred to him to search closer to home for the causes of America’s economic anemia. Instead, he blamed OPEC and China for the burdens of doing business in the US. (From “Sinophobia Trumps Common Sense”). It shows you what exposure to Marco Rubio of the Schumer-Rubio rollover amnesty, Jeb Sombrero Bush, Rand “I want to normalize undocumented citizens” Paul will do.

Today I heard Trump say he had opposed the invasion of Iraq. I don’t remember that at all, and I can’t find evidence for it. But if he did, it would make him unique among the Republican candidates.

Because he marches to his own drumbeat, having built an empire and being independently wealthy—Trump isn’t afraid to be blunt and frank. He concedes that politicians are “controlled fully— they’re controlled fully by the lobbyists, by the donors, and by the special interests, fully.”

“As for his fellow GOP presidential candidates, Trump said, ‘I don’t have a lot of respect for many of them. They’re all talk. They’re no action. And they’re totally controlled by their donors and by the lobbyists … If we have another politician, this country’s going down.'”

Trump assured Bill O’Reilly he’d “… have a great relationship with Vladimir Putin,’ adding that the Russian president has no respect for Obama. ‘You can’t have everybody hating you. The whole world hates us.”

O’Reilly noted that during his announcement, Trump promised to build a wall along the southern border and make Mexico pay for it. “The Factor” host stated that there’s no way that they will pay for it.

“You have to let me handle that,” Trump said. “They will pay for the wall, and the wall will go up. And Mexico will start behaving. Mexico is not our friend.”

As for his fellow GOP presidential candidates, Trump said, “I don’t have a lot of respect for many of them.”

“They’re all talk. They’re no action. And they’re totally controlled by their donors and by the lobbyists … If we have another politician, this country’s going down.”

And in marked contrast to the arrogant Others littering the presidential field, Trump has hinted at reading the alarming facts in Ann Coulter’s new book : “This Country Is a Hell Hole, I Want to Make It Great Again,” he said.

New York (CNN):

… He pointed out that his wealth and successful business career not only qualified him to be president — “I will be the greatest jobs president that God ever created.” — but that it would allow him to rid himself of the special interests that he said control American politics.

That’s because the billionaire said he would self-fund his presidential campaign, not only ridding himself of some outside influences, but also freeing up more time to campaign as candidates can often spend about half their time raising funds to keep their campaign coffers from depleting.

“I’m really rich,” Trump said, adding that his confident attitude is what the country needs after having “losers” run the country.

UPDATE (6/17): Trump is annoying the right people. That says a lot. His next test: Will he do an apology tour.


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Feminist Onslaught On Silicon Valley

Affirmative Action, Business, Feminism, Gender, Law, Technology

Entire Human Resource departments are dedicated to dealing with women (and minorities) and their ongoing special needs and complaints in the private economy. In the high-tech industry, especially, nothing is as politically precious as a woman. There is no end to which a company will go to mentor a woman and help her succeed. But such things as “sucking it up” and soldiering on are often anathema to deluded distaff. (This generally means that “guys will do double duty.”) Heather Mac Donald, fellow at the Manhattan Institute and a contributing editor at “City Journal,” chronicles the manner in which one female repaid her professional benefactors. The tale of the litigious and troublesome Ellen Pao is hardly untypical:

A San Francisco jury late last week rejected a $16 million gender-discrimination lawsuit against a Silicon Valley venture-capital firm. This triumph of common sense, though, represents merely a minor setback in the feminist crusade against America’s most vibrant economic sector. The chance that Silicon Valley can preserve its ruthlessly meritocratic culture under a continuing feminist onslaught is slim.

In 2005 plaintiff Ellen Pao got an MBA’s dream job: technical chief of staff to John Doerr, a renowned senior partner with the venture-capital firm Kleiner Perkins Caufield & Byers. Kleiner Perkins was a pioneer in high-tech entrepreneurship, making lucrative early investments in Google and Amazon, among other giants of the Internet age. Mr. Doerr mentored Ms. Pao, treating her, as Ms. Pao put it in an email to him, as a “surrogate daughter.”

He recommended her for a prestigious fellowship at the Aspen Institute and advised Ms. Pao about her performance at Kleiner Perkins. But after she was promoted into the direct-investing track, her reviews from other senior partners worsened. She was difficult to work with, they said, and wasn’t succeeding as a junior partner. By 2011, Mr. Doerr was the only senior partner who believed that she should stay on at the firm. …

MORE.

The author, Ms. Mac Donald, does paint with too broad a brush when she mouths the mantra all conservatives are wont to mouth: “the market is the best antidote to discrimination. It rewards talent and penalizes prejudice.”

That’s a half-truth. The whole truth is that the market will reflect a bias toward productivity, explained in “Apartheid South Africa: Reality Vs. Libertarian Fantasy,” which in turn excerpts this from Into The Cannibal’s Pot:

THOSE HALF-TRUTHS AGAIN

“Free market economists (the only kind worth consulting) have long since insisted that the rational, self-interest of individuals in private enterprise is always not to discriminate. Arguably, however, the good economists, while certainly not wholesale liars as are their Keynesian counterparts, are still offering up a half-truth. Rational self-interest does indeed propel people, however prejudiced, to set aside bias and put their scarce resources to the best use. But to state simply that ‘discrimination is bad for business’ is to present an incomplete picture of reality. This solecism stems from the taint the word ‘discriminate’ has acquired. The market, by which we mean the trillions of capitalist acts between consenting adults, is discriminating as in discerning—it is biased toward productivity. Hiring people on the basis of criteria other than productivity hurts the proprietor’s pocket.” (P. 127.)

“Thus, we can be fairly certain that, absent racist affirmative-action laws, the market would reflect a bias toward productivity.

In other words, what the good economists are loath to let on is that a free market is a market in which groups and individuals are differently represented. Parity in prosperity and performance between differently able individuals and groups can be achieved only by playing socialist leveler.” (P. 128.)


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UPDATE II: #UsaFreedomAct: #NSA Not Complete Liars

Business, Homeland Security, Law, The State

“Senate voted to curb the collection of millions of Americans’ phone records, the first significant retrenchment of government spying powers since the 9/11 attacks,” blared the headline on the Wall Street Journal. Yes, the sluts in the Senate signed something, but it was a classic case of bait-and-switch. The maneuver—the passing of the USA Freedom Act intended to replace Section 215 of the Patriot Act—will not prohibit the illegal collection of American metadata, but will simply co-opt the telecommunications companies into the service of the Surveillance State, a very dangerous state-of-affairs, indeed.

Senate Majority Leader Mitch McConnell worried that blocking “the House bill … would hamstring the government’s ability to detect terrorist threats.”

Would blocking the Bill have made safety worse than the 95 percent fail rate in the Transportation Security Administration’s ability to detect and stop armed passengers?

UPDATE I: Co-Opting Corporations Into The Service Of The Surveillance State. “USA Freedom Act: Privatization of the Patriot Act.”

UPDATE II (6/3): Good News: NSA Are Not Complete Liars.

It is encouraging that the NSA itself or its front people admits that “NSA’s bulk collection has not prevented a single terrorist attack.” My tongue is firmly in my cheek here. This preposterous admission means that our overlords who art in DC are not complete liars; they don’t always lie about their lies.

MORE @ CNN.

As to efficacy, if a purely utilitarian position is adopted: “A numerate analysis shows that the cost of NSA spying is substantially higher than the expected benefits.”

MORE @ EconLib.


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UPDATED: Kill #Amtrak For It Will Kill AGAIN

Business, Economy, Labor, The State

Amtrak is a government-run entity. As such, it answers not to the consumer but to politicians and union bosses. Nor does the National Railroad Passenger Corporation respond to the laws of economics. Despite running at an annual loss—is it more than half a billion dollars annually?—it never “fails” or goes belly up, for the taxpayer is forced to fund it.

Whether you use it or not; approve of it or not—government takes from you to give to the Amtrak financial and operational train wreck. In fact, the worse it does—the more people it kills—the greater its rewards: the louder the calls for Amtrak’s funding. Whereas a business that squanders lives and money would go under; a state enterprise will only grow under the same conditions. Let me put it this way: Try and withhold your fungible tax dollars, and you’ll be staring down the barrel of a gun.

In state-run entities liability is socialized and limited by the power of legislation—isn’t it great to be able to legislate yourself a Get Out of Jail Free card? Socialized liability means that the costs of any criminal or tort action will be borne by government, which is funded by YOU, its victim; the taxpayer.

These are just some of the inverted incentives that make Amtrak go off the rails, again and again.

Amtrak can no more be reformed than the Soviet Union’s communistic economy could be. It can only be liquidated, wrote Gregory Bresiger.

The latest on the “catastrophic train derailment near Philadelphia this week that killed at least eight passengers and injured more than 200 others,” via the New York Times.

UPDATE: It is true that the Dutch, for example, have tremendous pride in their infrastructure. So do the Germans. But this too will pass once European sense of nationhood is dissolved beyond repair by the supra-state, the EU.


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