Category Archives: Technology

Update II: Akio Toyoda Should Have Sat It Out … At Home

Business, Constitution, Free Markets, IMMIGRATION, Liberty, Multiculturalism, Politics, Regulation, Socialism, Technology, War

Help me understand what hitherto no cable commentator has, and I include the formidable Judge Andrew Napolitano: Under what law or warrant does Congress get to summons Toyota executives for an inquisition? I’m curious.

So too is the “U.S. Securities and Exchange Commission (SEC) seeking documents related to unintended acceleration as well as to Toyota’s disclosure policies and practices,” says this newspaper.

Judge Napoiltano of FoxNews didn’t touch on the legal basis for Congress running interference with Toyota—and even seemed to think the first should put the second on notice.

Shouldn’t the matter of the car manufacturer’s malfunctioning accelerators fall to the courts and those harmed? Shouldn’t the injured parties hammer out a settlement in private or in the courts, rather than before our elected buffoons in Congress?

Personally, if I see one more weak, sobbing American begging for The Regulator and the burdened nation to feel her pain; I’ll explode.

(“Shame on you,” Rhonda Smith, of Sevierville, Tenn., said at a congressional hearing.)

What a nation of spineless crybabies. Get a lawyer, join a class-action lawsuit. Go to Haiti. Cry in private. But spare us your imagined near-death experience as your Lexus got ahead of you.

Akio Toyoda, president of Toyota Motor Corp., ought to have reminded the American political ponces of how many of their countrymen he employs and promised politely to fix his company’s problems.

Moreover, Toyoda could have achieved the brevity much-admired in his culture had he borrowed from that clever commie (and rapier sharp wit) Bernard Shaw, who too was forced to decline an invitation from “a collector of social scalps”:

The House Oversight committee’s invitation to Mr. Toyoda: “We will be sitting between four and six o’clock.”

Toyoda: “Akio Toyoda likewise.”

Update I (Feb. 24): Reader “ryan” echoes my thought exactly. Sean and I were discussing the point “ryan” makes. Only in America, were dumbness is elevated to an art, would a vehicle with an ignition key become a self-propelled lethal weapon.

I drive a 2006 Volkswagen GTI, with a high-tech 200-horsepower, 2.0-liter turbocharged engine. The “pocket rocket” has a spectacularly smooth six-speed manual transmission. (I won’t drive an automatic, never have; never will.) If the gas pedal took on a life of its own, I’d automatically—without even thinking—indicate, take the car off the road, put it in neutral and switch off the ignition.

If you can’t do this small thing, ryan is right: you are the lethal weapon, not the vehicle.

As for the comment postulating that Toyota might be in the business of hoodwinking the American buyer: I remind those who profess their love of freedom and markets that such utterances mean that the Demopublican Regulators are winning.

Toyota would not be in business for as long as it has, producing quality cars, if this was its purpose. The car manufacturer relies for its bread and butter on pleasing consumers, not politicians. Profit? Since when is that anything but a blessing? Profits and prices are the street signs of the economy. Without them there is nothing—no incentive to produce and invent and no signal as to when production must be accelerated or decelerated.

Well-taken too are Robert’s observations about the Japanese. Having just traveled to a mystical city named Nara, to do high-tech, Sean would second that. Modernity has not changed this homogeneous nation’s genteel nature.

“Like, what can I get you guys” is not a refrain you’ll hear in a Japanese restaurant. Sean was taken aback by the gentility and graciousness of the Japanese ladies. Sure, the youth sports all the technological and sartorial trappings; but they respect their elders. This makes for a more refined atmosphere. After all, generational demarcations are necessary to ordered liberty.

If you do the polite thing and bow slightly—no need to touch your toes like this guy does—as you enter an establishment, faces light up and the courtesy is more than returned.

I do believe that the US, a multicultural toilet, is working hard to impress upon the Japanese the need to open up their country to immigration.

Update II: To Haym (and others): The comment (hereunder) is completely off-topic and won’t be further pursued on this post. But I suppose Japanese warriors are not supposed to be as ruthless as their American enemy—also the only power to have ever, in the history of mankind, stooped to nuke innocent civilians. When will Americans apply equal thinking to all sides?!

Updated: The Fair Lady Endorses The Randian

Elections, libertarianism, Liberty, Neoconservatism, Outsourcing, Republicans, Ron Paul, Sarah Palin, Technology

Sarah Palin has donated the maximum allowable in support of Rand Paul’s bid for the Kentucky U.S. Senate seat. Neoconservatives are furious. David Horowitz’s new NewsReal blog offers an attempt at an analysis of the contradictions of a Palin endorsement of a Paul.

Since very few brain cells went into designing the site, I will be unable to quote from it. Not only is NewsReal incredibly busy in a bad, ADHD kind of way, but someone really “clever” has ensured one cannot “Ctrl c” so as to “Ctrl v” any excerpts therefrom. In other words, you can’t cut and paste for quotation purposes.

I’m certainly not going to bother typing this stuff out—no body is. Maybe the web designer thought that the originality of the contents warranted anti-copying software.

Rand Paul’s site, on the other hand, is original in all the right ways and reproducible. Sarah for Rand is here. And yes, “Rand is for real”:

Rand Paul is beating all U.S. Senate candidates in both parties and … has huge Tea Party and grass roots support driving his overwhelming success against establishment politicians and their budget-busting ways.

If Sarah helps send Tea Party Paulites to DC, and snubs establishment Republican oinkers—she will have done America more good than most.

Update: On the petty issue of being able to “cut n’ paste” from the NewsReal blog: Could it be that the webmaster fixed the flaw following my post? I suspect so.

The facility is working now, but another reader informed me just a couple of hours back that “cut & paste” was possible, albeit by right clicking only on the text. I’m glad the facility is working now, pursuant to my complaint.

As to the busy, boggling nature of the site: I fully admit that the youth is more inclined than me to white noise. I like clean, clear, and unfussy. However, as Hollywood has made clear for decades, the older generation has nothing on the youth when it comes to technology, style, smarts, etc.

Enable sarcasm. I live with someone who makes the innards of the toys and telephones our deeply stupid, attention-deficient mites depend on to sustain brain waves. He himself doesn’t use all that crap technology (other than a PC and a cell, when needed). Telling, ha? Most thinking people like clear, clean, and unfussy.

The white-noise producing toys, by the way, are usually made by older people (with advanced engineering degrees)—often Asians, many of whom are older—beavering away under one or two really smart Americans (also older), all in an effort to keep the brainwaves of the younger generation (mostly Americans) from flatlining.

Obama Promises Sexed-Up Homes

Barack Obama, Economy, Environmentalism & Animal Rights, Political Economy, Technology

How will Big Brother O get you to sex-up your home? Why by skewing production in parts of the economy.

Here is a perfect example of how central planners direct scarce resources into inefficient technologies:

BO is nudging Congress (isn’t that our job?) to provide temporary incentives for Americans to weatherize their homes.

But how—and more importantly why—would cash-strapped Americans spend money they don’t have on retrofitting their abodes with expensive green gimmicks, ASAP?

The first economic order of the day in pushing people to squander scarce resources on fashionable items is for the fool-in-chief to sell the tinsel nation on the sexiness of these consumption goods.

Big Brother Barack says he finds insulation sexy. Sex sells; Obama and sex doubly so.

Is there anything Big Daddy Can’t deliver? Watch:

Israel A Hub For High-Tech Action

Human Accomplishment, Intelligence, Israel, Outsourcing, Science, Technology

Contra the USA, Israel’s high-tech sector is thriving and the country is enjoying unprecedented “current accounts surpluses.” Yet quite a few political types, on the left and the right, wish to see parts of this hub of high-tech activity handed over to Katyusha operators.

Courtesy of the Etinger Report, here are some economic indices produced by a population that would fit into a couple of large American cities:

• Siemens acquired Israel’s solar energy Solel for $418MN, following Siemens’ 40% acquisition of Israel’s solar company, Arava Power for $15MN (Globes business daily, Oct. 16, 2009). Sigma Designs acquired Israel’s CopperGate Telecommunications for $200MN (Globes, Oct. 1). Britain’s M86 acquired Israel’s Finjan for $35MN (Globes, Nov. 4).

• Fitch International Credit Rating Agency has joined Moody’s (A1 stable) and Standard & Poor (A stable), maintaining Israel’s long-term foreign exchange and local currency credit rating at A and A+ respectively. Israel is one of the very few countries which have maintained its credit rating during the economic crisis of the last two years. According to Fitch, Israel’s stable banking sector, absence of “bubbles,” hawkish budget-deficit (curbing government spending) policy and stability of the high tech and services sectors have produced unprecedented current accounts surplus and foreign exchange reserves (Wall Street Journal, Nov. 6, Yedioth Achronot, Nov. 8). A 7%-13% rise in hiring has been recorded by Israel’s high tech sector during 2009’s third quarter (Globes, Oct. 26).

• “[Microsoft’s CEO], Steve Ballmer calls Microsoft as much an Israeli company as an American company, because of the importance of its Israeli technologies. Google, Cisco, Microsoft, Intel, eBay – says one of eBay’s executives – the best kept secret is that we all live and die by the work of our Israeli teams…John Chambers, Cisco’s CEO, has bought nine Israeli start-ups… Such economic dynamism has occurred in the face of war, internal strife and rising animosity from other nations. During the six years following the bursting of the tech bubble in 2000, Israel suffered one of its worst periods of terrorist attacks and fought a second Lebanese War, and yet its share of the global venture capital market did not drop – it doubled from 15% to 31%… Israel, a tiny nation of immigrants torn by war, has managed to become the first technology nation…” (James Glassman, Exec. Dir. Of the G.W. Bush Institute, Wall St. Journal, Nov. 23, 2009 book review of Start-Up Nation: The Story of Israel’s Economic Miracle).

• HP expands it R&D operations in Israel, hiring 100 persons during the next two years, in addition to its current 5,000 employees (Globes Business daily, Nov. 25). Microsoft’s newest anti-virus software, Microsoft Security Essentials, was developed in Microsoft’s R&D center in Israel (Globes, Oct. 1).

• Israel has been chosen to succeed Germany in heading the largest R&D network in the world, the “Eureka Initiative,” a pan-European, inter-governmental initiative that supports European innovation and oversees 1.5BN British Pound investments annually. Israeli companies have participated in 40 – out of 300 – Eureka projects launched in 2008. Eureka operates like the highly successful US-Israel Bi-National Industrial R&D (BIRD) Foundation (Israel 21c, July 27).

• The World Intellectual Property Organization (WIPO) has recognized Israel as one of the fifteen international centers (countries) for the search and testing of patents. Thus, global innovators will be able to apply – in Israel – to patent testing and approval, which will be recognized internationally (Ynet, Sept. 30).

• The Dutch Forbion Capital Partners – joined by Alice Ventures, Vitalife, Kreos Capital and IHCV – led an $18.5MN round by Israel’s NiTi Surgical Solutions (Globes, Aug. 12). Apropos IT, Dolphin Equity Partners, Inter-Atlantic Group and Hyperion Partners invested $17MN in a 3rd round by Israel’s SeaPass (Globes, Nov. 5). Yorkville Advisors Global extended a $15MN line of credit to Israel’s Mazor (Globes, Sept. 4). USVP led a $12MN round by Israel’s water-recycling BPT (Globes, Aug. 31). Japanese electrical giants led a $12MN 2nd round of private placement by Israel’s Plurality (Globes, Nov. 19). Dupont Capital, Saints Capital, Carlisle, Adams Street Partners, Deutsche Telecom (T-Venture) and Argonaut participated in a $10MN round of private placement by Israel’s Actelis (Globes Sept. 9). Trilogy Partners led a $9/4MN round by Israel’s Crescendo Networks (Globes, Aug. 14). The US-based Volcano Capital and Wheatley partners led an $8MN round by Israel’s VisionSense (Oct. 19). Pfizer, Johnson & Johnson and Index Ventures invested $8MN in Israel’s NovoCure (Oct. 1). India’s Kushla Ventures and the Silicon Valley-based Kleiner Perkins led a $7MN round by Israel’s eASIC (Globes, Nov. 5). General Catalyst, Spark Capital and Union Square Ventures invested $6MN in Israel’s Boxee (Globes, Aug. 14). Benchmark Capital and Tamares invested $5MN in a 2nd round by Israel’s Panaya (Globes, Aug. 6). 7Health Ventures led a $5MN round by Israel’s Activiews (Globes, Sept. 15). Benchmark Capital leads a $3MN 2nd round by Israel’s Zlango (Globes, Nov. 19).