Category Archives: Europe

Zombie Zakaria Has Some “Ideas” For You

Affirmative Action, America, Education, Europe, Government, Labor, Multiculturalism, Outsourcing, Political Economy, Science, Technology

Fareed Zakaria: is there anyone more inane and wishy-washy than he? Zombie Zakaria’s “Restoring the American Dream” presentation is in the tradition you’ve come to expect from this CNN pundit.

Thus, Fareed vows to “bring you solutions” to “the hollowing out of the middle class” by growing the state’s role in R & D, for, as he concludes, “Almost all of the science and technology research that we take for granted now came out of the Defense Department spending post World War II.”

But surely, and logically, we cannot assert that because the DOD (the Department of Defense) gave rise to certain technologies, without it these inventions would not exist, as ZZ claims? It might be the case that sans state intervention, there would be even more innovation than with it.

This guy’s “ideas” are festooned with similar falsehoods.

Another of ZZ’s lessons comes courtesy of the super-productive German workforce.

“Despite some of the highest wages in the world, strong unions, lots of regulation, Germany has maintained a very powerful manufacturing base, employing millions,” ZZ opined. “It has held in good stead during this economic crisis. Germany’s unemployment rate has actually fallen for the past 15 months straight, an unbelievable record in this economic climate.”

As ZZ narrated the above passage, images of industrious German factory workers flashed on the screen, and were contrasted with the long lines of the unemployed in America. Guess what the American assembly and unemployment lines look like? You are right: By comparison, the German workforce so famous for its industry looked relatively homogeneous.

Still, ZZ hopes to apply efficiencies learned from the German cohort to America’s increasingly third-world, imported, underclass of workers. (“The United States,” we are told, “now ranks 52nd in the world in quality of science and math education.” It used to have “very high levels of performance in math and science.” What happened other than suffocating unionization in education, third-world immigration, and affirmative action?)

As Fareed and his well-to-do, high-achieving (indubitably high IQ) guests conclude, and I paraphrase, opportunities are indeed boundless if somebody has the smarts and the motivation; everybody can be the designer of an iPod or a programmer at Google; this essentially, is not a rarified group. Any one can get to be at “the top end of America.”

ZZ’s smart panel, which can never be called an interest group plumping for government/taxpayer subsidies (no never!), included Eric Schmidt, CEO of Google; Muhtar Kent, chairman and CEO of Coca-Cola; Lou Gerstner, who has run R.J. Reynolds, American Express and IBM; and Klaus Kleinfeld, CEO of Alcoa, the aluminum giant.

All were agreed that laborers are interchangeable in as much as potential is concerned, and if given the right conditions by government.

I have advocated in my writings for “a natural shift from a credit-fueled, consumption-based economy, to one founded on savings, investment and production.”

ZZ favors only a shift from consumption to investment; massive federal-government investment.

Global Ghouls Rising

Debt, Economy, EU, Europe, Political Economy, Regulation, Taxation

Since the onset of the economic crisis, the din has grown louder from assorted international institutions. It goes without saying that the demands are never for a dispersion of power. There have been various lunges for EU types of controls over financial institutions. Most of the resistance to the pull has come not from the US.

For example, and as I documented over this space, the Canadian government, not the American one, resisted a bank tax suggested by the the global regulatory regime.

Ministers fanned out across the world to raise opposition to the proposal for avoiding another financial crisis. ‘Canada is, and will remain, opposed to a tax that would penalize financial institutions that remained strong and prosperous while many of the world’s banks failed,’ Clement told a press conference with Foreign Minister Lawrence Cannon.”

“In an apparent attempt to reignite damped discussions on a key regulatory issue,” reports the Wall Street Journal, “the IMF proposed that a half-dozen or so of the countries with the biggest financial centers—such as the U.S., U.K., and Japan—voluntarily agree to a set of guidelines to resolve failed systemically important international financial firms.”

Not-so curiously, in opposition are the European countries: “it is uncertain whether [they] want to cede sovereignty on the issue.” Some of these countries have also implemented austerity measures, which have angered hedonistic B. Hussein. Remember when our president instructed German Chancellor Angela Merkel to “print more money, not make it”?

If the IMF is looking for the political will to galvanize the globe, they will surely find it in the US.

The Blair Third-Way Blur

Britain, Conservatism, Economy, Europe, Republicans, Socialism, The State

How serious are Republican boosters about liberty? Tony Blair serious. Sean Hannity interviews Mr. Blair, and tries to get this consummate Third-Way politician to repeat the Hannity inanities, among which are the following catch phrases: We want a small government (translation: you call the state behemoth small when a Republican is at the helm), and a strong national defense (translated: defend the indefensible invasions so long as they are started by Republicans).

Republican economics: condemn the Keynesian voodoo, as you grope obscenely for the “stimulus packages,” and while rudely wanking your business buddies in full view of disgusted onlookers.

Blair is way cleverer. He re-branded “the Keynesian model” as a Third Way sort of kosher statism about which your host (support her, please!) wrote way back in … 2000, in the Calgary Herald column, “Third Way is Socialism’s New Bandwagon.”

To the request that he make a token grumble against Sean Hannity’s ostensible peeve, Blair replied:

“I happen to think in this case there’s a third way, which is a state that is strategic and empowering, where your welfare and public service policies are reformed and modernized from the 1940s.”

What a sweet molester is our Uncle Sam and his cousin across the pond.

UPDATED: Germany’s Geert Wilders (Meanwhile Back At Home…)

Europe, Human Accomplishment, IMMIGRATION, Intelligence, Islam, Racism, Science

Germany has a Geert Wilders, only more outspoken. His name is Thilo Sarrazin, and he is a board member of Germany’s central bank. His new book, Germany Does Itself In, is flying off the shelves. Via Yahoo News:

“In the book, Sarrazin says Europe’s top economy is being undermined, overwhelmed and made ‘more stupid’ by poorly educated, fast-breeding, badly integrated and unproductive Muslim immigrants and their offspring.

‘If I want to hear the muezzin’s call to prayer, then I’ll go to the Orient,’ he says, saying that allowing in millions of ‘guest workers’ in the 1960s and 1970s was a ‘gigantic error.’

He also says that Turkish and Kurdish ‘clans’ have a ‘long tradition of inbreeding,’ leading to higher rates of birth defects, and ponders whether this might be one reason for immigrants’ poor school performance, Spiegel said.

This and his comment to a newspaper that ‘all Jews share a certain gene’, critics say, is akin to the kind of pseudo-science used by the Nazis.”

[SNIP]

Yes, Sarrazin must be a racist. Germany must be racist, because, as we all know—and having been so indoctrinated—people are all the same. Give them sufficient nutrition and democracy, and differences dissolve. You may note and record difference between individuals, but don’t dare to examine aggregates. Hey, isn’t it the job of science to draw conclusions based on a representative sample of a group? Don’t this man’s observations comport with the kind of reality science might affirm? Should we perhpas ban science so as to spare ourselves from reality?

UPDATE (Sept. 7): CNSNews.com: “As of Sunday, Sept. 5, the Department of Homeland Security (DHS) had a backlog of fugitive illegal aliens of 506,232 people. …

The fugitive illegal aliens are individuals who were apprehended by U.S. Immigration and Customs Enforcement (ICE) for being in the United States illegally and then were released ahead of their court proceedings and deemed fugitive when they failed to appear in court.”