There aren’t many things that can put me off Lindt chocolates, such is their exquisite quality and taste. Except this repulsive ad. I went cold turkey after viewing the lighthearted look Lindt took at two TSA agents looting and lustingwith impunity.
UPDATE (Dec. Eighth) : I’m surprised that individuals who’re serious about liberty could find humor, irony, and all shades of nuance in this Lindt ad.
Lindt here is not lampooning the TSA, whose representatives are depicted by pretty, lusty, sensuous, and “assertive” ladies. Just like American men love their women. This is a date. Two lovely women (after all, the TSA is a magnet for such types, isn’t it?), with an appreciation for the finer things in life, alight on a handsome man, who is too well-conditioned to oppose them with more than a meek, “You’re kidding, right?”
“It’s easy to be thrown off scent when trying to divine the vague, ill-defined, unconstitutional laws under which the Securities and Exchange Commission hunts for corporate prey. Suffice it to say that the SEC operates with the understanding that competition in capital markets must proceed from a level playing field. All investors are entitled to the same information advantage irrespective of effort and abilities.
In a word, information socialism.
In their latest efforts to bring ruin to capital markets, SEC blood hounds have ensnared some of the country’s most powerful hedge-fund firms. Indictments are replete with SEC cloak-and-dagger.
There is a Don, ‘Don Chu,’ which is how the accused, Don Ching Trang Chu, is called. A co-conspirator is ‘CC-1.’ And a cooperating witness: ‘CW-1.’ The companies violated, allegedly, are Atheros Communications, Inc. (‘Atheros’), Broadcom Corporation (‘Broadcom’), and ‘Sierra Wireless’—aka ‘The Tech Company.’
… Then there is the ‘The Firm.’ … The ominous entity at the center of the investigation. ….”
Some of you are waiting for, and have been asking about, the publication of Into The Cannibal’s Pot: Lessons For America From Post-Apartheid South Africa. The wait is worse for South Africans who are in the thick of the events my book documents and analyzes—Into The Cannibal’s Pot is a Burkian polemic, steeped in history, reality, fact, and the classical liberal political philosophy.
The manuscript is currently under consideration. If all fails, fear not (with your help), someone will see to it that the true story of the New South Africa (“Rambo Nation”), as detailed in Into The Cannibal’s Pot, is told. Not everyone inhabits the solipsistic universe in which most American “writers” (and publishers) are mired. Five magnificent men (as writers, thinkers, and human beings) have returned high Praise For The Cannibal. Thank you; you know who you are.
Now here’s a victims’ fund we can all get behind: delinquent borrowers being foreclosed upon by wicked bank executives. The WSJ:
‘Fund in works for victims of foreclosure mess,” announced the Washington Post’s front page yesterday. Sorry to report that the Post was not referring to taxpayers who have already spent hundreds of billions of dollars cleaning up this mess.
So who exactly are the victims in this story? The Post describes “homeowners who were wronged,” but the writers are also not referring to the roughly 90% of mortgage borrowers who are paying on time. As for the proposed compensation fund, the Post compares it to those set up for victims of the Gulf oil spill, the shootings at Virginia Tech and the terrorist attacks of September 11, 2001.
Readers may begin to suspect that one of these funds is not like the others. For starters, we’re not aware of any delinquent borrowers being killed by bank executives. In fact it’s not easy to find any injury at all. The Post doesn’t name anyone who’s been harmed, and neither did Connecticut Senator Christopher Dodd as he opened Tuesday’s Banking Committee hearing on the problems in the mortgage servicing industry. Don’t expect any further clarification at Thursday’s House Financial Services headline hunt.
Readers will recall that the foreclosure mini-scandal began in September with revelations that “robo-signers” at mortgage firms were signing foreclosure documents that they had not personally reviewed. Instead, they had improperly relied on the work of colleagues.
“[I]f a settlement transfers more wealth from investors and taxpayers (who now stand behind most mortgages) to delinquent borrowers, the least the attorneys general could do is stop calling them victims.”
That’s our First Lady, Mrs. Michelle Obama. “Almost immediately after arriving at the university [of Mumbai’s] library, she kicked off her flats and joined in a game of vocabulary-building hopscotch with the 8- to 13-year-old orphans and runaways who receive English-language instruction from Make a Difference volunteers,” reports CBC.
“I love dancing. Oh that was fun!’ Mrs. Obama said after they danced to the theme song from the Bollywood movie ‘Rang de Basanti.'”
A grass skirt and a pail of water on her head would have completed Mrs. Obama’s regal regalia. (What horrid “music” she’s bumping and grinding to.)
It’s interesting that these kids are receiving English-language instruction. Hardly something Michelle would be fighting for back at home. She’d be the “English as a Second Language ‘Program” advocate.
Meanwhile, Michelle’s less earthy husband is talking a good game against outsourcing, and doing what he does best: central planning, promising tax breaks to companies that create jobs in America.
Strange: the president visits India, which is outsourcing central, only to tell his put-upon hosts that he wants to discourage their bread-and-butter industry.
Obama would do better to ponder the following: In the U.S., companies endure endless, punishing, government-imposed regulations, which make doing business and staying competitive increasingly difficult. Foreign investors in China and India are not subject to more than 180 federal labor laws; to an Equal Employment Opportunity Commission, an Occupational Safety and Health Administration, an IRS and an EPA; or to a work force where merit is marred by affirmative action. To the cost of the assorted alphabet soup of regulatory agencies a corporation must pay off in the U.S., add exorbitant corporate taxes and expenses like workers compensation insurance … as well as the cost of a government rape known as Social Security.
Factored into the wage price the corporation pays are, thus, large government-imposed costs. The company’s before-tax wage package must offset the cost of the income-tax burden as well as the cost of Social Security. Without the onerous government taxes, this American employee would cost the firm 30 to 40 percent less.
Consider that the annual Social Security burden alone on an American high-tech employee, borne by the employer, is the equivalent of the annual salary of a high-tech worker living well in India—and the logic of outsourcing is self-evident!
Ron Hira, an associate professor of public policy at the Rochester Institute of Technology and author of the book “Outsourcing America,” knows how corporate America works. Via the WaPo:
“They have successfully built a business model where not only do they offshore large numbers of jobs, but the fraction that remain in the U.S. are filled by lower-paid foreign guest workers … They are often also forced to train their foreign replacements.”
This is indeed the model. You have to be at the top of your game to retain viable employment as an engineer in the US.
