Blogging on liberty, capitalism, reason, international affairs and foreign policy, from a distinctly libertarian and objectivist perspective
03 February 2008
Auckland's Northern Busway opens, but..
Goodbye to a bully
01 February 2008
Phasing out the DPB
UK company makes record profit, makes BBC gloomy
^
Now the BBC isn’t stupid. It knows that a profit figure of £14 billion means little unless you have the context of the value of the company. After all, if the assets are worth £500 billion, it isn’t great, if the assets are worth £50 billion it is a tidy profit indeed. However the socialist minded British public see profit like a lottery win – not a return on investment. The BBC didn’t disclose the current market capitalisation of Shell. Secondly, it didn’t reveal where the profit goes. This isn’t clear yet, but presumably some will be reinvested capital and much will be dividends to shareholders, many of which are financial institutions with pensions, deposits and other funds that affect the wealth of many people. Keeping vague about this ensures that many think that it just means a few people living the life of Uncle Scrooge or Montgomery Burns, whereas Shell has generated a profit that will benefit plenty.
One thing the BBC did report was where the profit came from – exploration and discovery of new fields, the wholesale market for crude and refined products. It wasn’t retail at the pump, where the margins are closer to 1-2p per litre (noting than in the UK around 70p is tax). This doesn’t stop the leftwing union Unite stating calling it obscene – when what is truly obscene is the extent to which taxes on fuel fund big government at Westminster. Of course Unite doesn’t produce anything itself, it calls for a tax to add to the money that the state takes from oil customers, like far too many socialists Unite worships the fist of the state over the choices of consumers and shareholders.
^
So there you go, big British firm makes a hefty profit and it is held in suspicion. The UK wonders why so many people have a poverty of ambition while a culture of envy is cultivated, and the thieving hand of the state is largely ignored.
31 January 2008
Which US Presidential candidate will call THIS ridiculous?
The puritanism, the idea there is something immoral about two teenagers kissing in public. The Islamists are closer to how some Americans think than many will admit.
Whose money?
Naughty Ryanair
Bye Rudy, onto Tuesday (yawn)
Scotland drops tolls, ignores economic truths
Another reason why the job in Afghanistan was half done
30 January 2008
Greens oppose apolitical state sector
Kedgley peddles more hysteria
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The tenor of her press release is seriously unhinged and outright scaremongering with statements such as “telecommunications companies will be able to clutter power poles in residential areas and next to schools and childcare centres with new cellular and wireless technologies”.
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In that once sentence she loads so much evidence absent value judgments to frighten the ill informed, i.e. those who vote for her. “Clutter” apparently implying that somehow we’re all using the top of power poles now, and will be interfered with, or that it will be ugly. I am willing to wager than in one day, Sue Kedgley would be unable to identify every single telecommunications transmitter site in Wellington City – because so many of them are unobtrusive, and plenty are on top or on the side of building with nobody noticing them. However, I am sure it wouldn’t be “clutter” if they were broadcasting a free to air commercial free channel of leftwing doggerel.
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Then she talks of “next to schools and childcare centres”, implying, though not saying, that transmitters are “unsafe”. She likes claiming new technologies are unsafe, it gives her something to regulate, something to blame at and it looks like she is saving us all from the evil companies who don’t care. The truth is that she is an unscientific busybody who prefers fear and hysteria to science and balanced debate – she squawks like a parrot, happily stirring fear to gain votes.
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She continues "We have set up a power pole in Mount Victoria with antennae and masts, to demonstrate how visually intrusive power poles around New Zealand could become”. No doubt using the latest technology with every incentive to make it work efficiently and be unobtrusive right? Of course most homes in New Zealand already have antennae, masts, some have satellite dishes. Perhaps they are visually intrusive too, as are the trolley bus wires that provide a 550v netting over many major arterial routes and city streets in Wellington – but that’s ok, because electric buses are good – telecommunications companies are bad. Of course she has a cellular phone and rarely catches a trolley bus – funny that.
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She continues her rant “there will be no restrictions on the number of masts and antennae hanging on poles outside homes and bedrooms, regardless of concerns about the health effects of increased exposure to radio frequency radiation”. Forgetting that the laws of physics do impose such restrictions, given poles can’t carry unlimited numbers of these things, and there are serious issues of avoiding harmonics and interference between antennae, and if you have a bedroom next to a power pole then more fool you. More importantly the “health effects” are largely a beat up by her. She completely ignores that every single radio and TV transmits non-ionising electromagnetic radiation, she also ignores the proliferation of home wifi systems as well – presumably this is all good, or because it isn’t an evil entity (telecommunications companies fit that category), it isn’t worth her attention.
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Finally she says “There is no obligation under the proposed national standard for the companies to pay rentals for the usage of power poles, which in many cases are owned by state-owned enterprises”. Again, her lack of command of the facts says a bit about her. Very very few power poles are owned by state-owned enterprises, largely because most are owned by electricity lines companies. These are not retail companies (which SOEs most certainly own). The implication here is that the beloved warm embracing state that she loves is being “robbed” because of a lack of rentals. She should relax. Not only are they not owned by state owned enterprises in almost all cases (and transmitters on top of Transpower masts are likely to be hardly an issue for numerous reasons), but the issue should be whether owners of poles should be allowed to.
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So there it is, a press release of hysterical assertions, and leading value judgments with next to no evidence. It bears a mild resemblance to the sort of nonsense that passes for news from North Korea – blurting out fear, blame and demands that something be done – when scratching the surface it is just a grasp for attention, pleading to the ignorant by the power hungry and envy ridden.
Bush's final state of the union address
^
- He called for a balanced budget, and not by increasing taxes. Good.
- He wants to save Social Security. Bad, but hardly surprising.
- He believes "Spreading opportunity and hope in America also requires public schools". Bad, public schools are the problem.
- He wants public school control to be further devolved, and effectively endorsed education vouchers. Good, but it wont happen. Democrats don't like school choice or performance monitoring of schools or teachers.
- He wants standard tax deductibility for health insurance. As far as this reduces taxes for those looking after themselves then good.
- He wants to subsidise state programmes to fund private health insurance. Bad, it undermines the earlier programme, states should raise their funds locally.
- He wants to establish a temporary worker programme for foreigners. Good.
- He wants to use taxpayers' money to subsidise alternative fuels. Bad, let the market decide based on price signals.
None of this excites me particularly, in fact, sadly I can say at best it could be worse. However, Bush does inspire me in one direction - his response to Islamofascism. He said:
"Al Qaeda and its followers are Sunni extremists, possessed by hatred and commanded by a harsh and narrow ideology. Take almost any principle of civilization, and their goal is the opposite. They preach with threats, instruct with bullets and bombs, and promise paradise for the murder of the innocent. Our enemies are quite explicit about their intentions. They want to overthrow moderate governments, and establish safe havens from which to plan and carry out new attacks on our country. By killing and terrorizing Americans, they want to force our country to retreat from the world and abandon the cause of liberty. They would then be free to impose their will and spread their totalitarian ideology. Listen to this warning from the late terrorist Zarqawi: "We will sacrifice our blood and bodies to put an end to your dreams, and what is coming is even worse." Osama bin Laden declared: "Death is better than living on this Earth with the unbelievers among us."
Take that "death is better than living on this Earth with the unbelievers among us". THAT is the enemy, as cold and murderous as that. THAT is who is appeased by withdrawal from Afghanistan, Iraq and by befriending Islamism. Bush continues:
"What every terrorist fears most is human freedom"
Who's lying John Minto?
In the letter, Mr. Minto claims, amongst other things, to have been nominated for the prestigious Order of the Companions of OR Tambo.In this regard, the Presidency wishes to place it on record that Mr. Minto has not, as a matter of fact, been nominated as a candidate for any of our national orders"
"My understanding was that an award of some substance was being offered, and Minty said that he would have concerns and issues about accepting such an award," Ms Cuthbert said.
"I didn't hear the preamble to it, but I thought the offer had been made and Minty had basically said thanks but no thanks.""
29 January 2008
Clinton or Obama then?
Prince Charles wont go to Beijing
28 January 2008
"Redistribution of wealth" - the phrase of lies
Zieg Heil - NZ fashion police
NHS die while you wait
So will Michael Moore pay for all of Colette's treatment? Now there's a joke. The truth is that it is too late for her to benefit from the interaction of the new drug and her treatment.
^
meanwhile the system happily pays for me, on a well above average salary, to get free doctor's visits, and happily services for free thousands of drunken gits who poison themselves every weekend - for nothing. Great isn't it?
George Habash, terrorist - dead
Transmission Gully investigation hits problems
Holocaust memorial day
27 January 2008
Suharto - dictator, murderer, thief, but....
24 January 2008
Avoiding offence against Muslims again....
Keningrad?
Some of the claims include:
- London maintains "embassies" in Brussels, Beijing and India costing between £300,000 and £400,000 each per annum. A new one is being opened in Caracas. Ken claims it is to encourage investment and trade, because, of course, nobody has heard of London, and London needs to have a "foreign policy";
- Many of Ken's chief advisors were members of Socialist Action who openly talked of London being a "city state" of socialism;
- Ken's trip to Beijing cost £140 000 for the whole delegation, including £605 of room service for him personally;
- Ken said that Tiananmen Square was like Trafagar Square in that their histories had many parallels;
- In welcoming Hugo Chavez to London, he said "It is not that socialism has failed, but socialism has yet to come". Of course his deal for £15 million of cheap diesel from Venezuela is in exchange for transport advice. He didn't consult Transport for London on the deal, and part of the contract includes promoting the Chavez regime on the sides of London buses. The Chilean socialist PM rejected a similar offer for a deal because it would "not be fair to Venezuelans";
- Ken welcomed Muslim cleric Yusuf Al-Qaradawi to London personally, even though Al-Qaradawi said on the BBC "Allah Almighty is just; through his infinite wisdom he has given the weak a weapon the strong do not have and that is their ability to turn their bodies into bombs as Palestinians do". Ken's response to criticisms of his warming to Islamists is to call them Islamophobes or being in the pay of Israeli intelligence;
- Ken's office spends £23 million p.a. on PR, double that of the Scottish Executive and more than Microsoft's UK advertising budget;
- Ken's office asked staff of the GLA to assist with his re-election campaign including raising money for his campaign. In short, using London taxpayers' funds to fund his campaign (familiar?);
- The well known episode of him calling Jewish Evening Standard reporter like a concentration camp guard;
- The London Development Agency which spends £575 million p.a. (!) spending £1.8m over 3 years to companies struck off or liquidated, this includes companies that liquidated the year they got funding. Includes wonders like £10,000 for a company developing a jetpod powered by vegetable juice. LDA is referred to as "Ken's moneybox" and it has been called as transparent as a mediaeval secret society;
- Ken's chief advisor on transport, Raymond O'Neill rarely talks to the Transport for London Board or the London Assembly;
- One of his key advisors, John Ross, was a member of the Soviet Communist Party in the 1980s.
So when the left attacks this unaccountable wasteful nutter, what future does he have?
23 January 2008
Socialist electricity failing in South Africa
You see electricity in South Africa is all state run and provided, the government aborted its privatisation exercise for political reasons, but also banned Eskom (the state monopoly) from building more power stations. Meanwhile, it has subsidised extending reticulation to more and more poorer districts (clearly without charging sufficiently for using electricity). South Africa generates most of its electricity from coal, for obvious reasons and has now stopped exporting electricity to Zimbabwe (at last, given reports it was subsidised), Botswana and Namibia because of shortages.
The Daily Telegraph reports "Hospital operations have been interrupted, restaurants cannot cook for customers, traffic lights are regularly off and angry commuters set fire to six trains left immobile in Pretoria. Managers blame the problems on years of under-investment that have resulted in capacity failing to keep pace with a growing economy. Poor maintenance was also a factor"
Yet still there is no interest in privatisation or private sector investment.
22 January 2008
Sue Kedgley calls for the regulation of..
Consumers are too stupid to know what is best for them, and Sue can't be arsed spending her own money (does she have any that doesn't come from the state?) convincing people to not use them, so it is "pass a law, that'll fix it" from Sue.
Is there something that doesn't move that she doesn't want banned, regulated or made compulsory? Oh yes, "natural medicines" - she likes that being free, that is about it.
Freedom inches forward in Turkmenistan
Now the Times reports that his replacement, Gurbanguly Berdymukhamedov, who in one of his early moves legalised the internet, has now decided to remove bans on cinema, opera houses and circuses. He also would revitalise libraries. Opera, circuses, cinema and libraries were all either closed or starved of funding in the totalitarian state under Niyazov.
There is hope in Turkmenistan as the screws gradually come of, whilst it is far from being a bastion of freedom, the lunacy of the Niyazov era is over.