Category Archives: Political Commentary

GM’s “Business Plan”

Manzi is on the job, deconstructing it. Bottom line:

…this is not a real business plan, but simply a political document. It exists to provide political cover to members of Congress. But if that’s the case, it’s an unintentionally beautiful illustration of why industrial policy fails. It’s both economically crucial and very hard to allocate capital well; that’s why people who are good at it make so much money. Businesses struggle to do this well, and they’re really trying. What do you think the odds are that this is a wise use of money, when the people involved are barely pretending to try?

All this is doing is kicking the can down the road, and delaying (and making much worse) the inevitable and painful restructuring that has to take place. And I’m not talking about just GM, or the auto industry.

Safe, Simple, Soon

Now, the “off-the-shelf” five-segment first stage for the Ares 1 is going to a new propellant formulation, for environmental reasons. No, that won’t take long or cost much to develop or test. And apparently we don’t even have the capability in country to do it currently — we have to rely on the Swedes.

If they were worried about the environment, they shouldn’t have gone with a solid in the first place.

How long before this monstrosity is put out of its (and our) misery? They need to just take the whole concept out behind the VABarn and put it down with a sledge hammer.

What Is Happening In Canada?

There seems to be little in the US news media about it, though there is an AP story. It seems to be a major constitutional crisis. (Canadian) Mark Steyn explains.

[Thursday afternoon update]

Has the coup failed? It seems to have at least been postponed:

…the decision to suspend Parliament only gives the Tories a reprieve until late January, when they plan to table a budget that could set them up for a no-confidence vote.

Well, in this case (unlike that of GM), it’s probably better to buy time.

[Mid-afternoon update]

The putsch attempt is collapsing:

Within an hour of Prime Minister Stephen Harper winning a two-month reprieve, some Grit MPs were pulling back from the idea of trying to replace the Tory regime with a Liberal-NDP coalition propped up by the Bloc Quebecois.

Toronto MP Jim Karygiannis says the coalition idea is finished and is calling on Stephane Dion to resign the Liberal leadership sooner rather than later.

Dion is scheduled to step aside as Liberal leader once a successor is chosen May 2 but many Liberals remain uneasy about the prospect of ensconcing him in the prime minister’s office even temporarily.

Good.

Nice Little Economy You Have Here

It would be a shame if anything were to happen to it

“We’re on the brink with the U.S. auto manufacturing industry,” Press told The Associated Press in an interview. “If we have a catastrophic failure of one of these car companies, in this tender environment for the economy, it’s a huge blow. It could trigger a depression.”

I’d be inclined to take this more seriously if it weren’t coming from someone asking the taxpayers for a multi-billion-dollar handout.

The Appalling State Of Higher Education

This is a depressing story about the inability to enforce rules against plagiarism, and the comments more so. I don’t think it was this way when I was in school.

And of course, it’s of a piece with a general decline of ethics among the young. And why should they care? The system doesn’t. I’m starting to think that Glenn Reynolds is right — academia is the next overfunded speculative, empty bubble about to burst.

More Forgotten Men

I hope that the Obama plans to resurrect the New Deal don’t include things like this:

As part of its legislation, the NRA had all kinds of detailed codes for individual industries, describing to the letter how firms must do their business. The Schechters fell under the “Code of Fair Competition for the Live Poultry Industry of the Metropolitan Area in and About the City of New York” (and you thought Atlas Shrugged was fiction….). Among the things the code prohibited was “straight killing” which meant that customers could buy a whole or half coop of chickens, but did not have the right to make any selection of particular birds (such individual selection was “straight killing”).

This last rule was in direct conflict with Kashrut laws, which also served as an informal health code in the Jewish community. As Shlaes points out, the phrase “glatt kosher” referred to the fact that the lungs of the animal were smooth (which is what “glatt” means) and therefore free of tuberculosis. Inspecting the lungs was part of the official process of conferring Kosher status on a butcher shop. Removing unhealthy animals from the stock was one of the core principles of keeping Kosher, and the rabbinical inspectors were fanatic about doing this. But so were customers. As Shlaes points out, individual customers, both retailers and their customers, had the right to refuse individual animals. This minimized the risk of an unhealthy animal getting through when both seller and buyer did such inspections. And it ensured that the kosher laws served as a health code, or perhaps something more like the Underwriters Laboratory or Good Housekeeping seal.

The Schechters, as you may have guessed, were targeted by the NRA enforcement crew. They were inspected repeatedly during the summer of 1934, which forced them to violate their own Kashrut practices, telling customers that they could not reject individual birds as keeping Kosher allowed. Not surprisingly, their deeply religious customer base began to dwindle. The constant inspection turned up a variety of violations, including allegations that they had, in fact, sold sick chickens (not surprising, if true, given that part of their own internal inspection process was negated by the NRA code itself!). They were also accused of “competing too hard” and keeping prices “too low.” Shlaes recounts a couple of hilarious exchanges between the government lawyers and the Schechters where the knowledge of the actor is much greater than the knowledge of the expert.

Eventually, the lower courts found them guilty of 60 different violations and they all served a little bit of jail time. But more important, the Schecters’ lawyer continued to appeal and the case made it all the way to the Supreme Court, where the Roosevelt Administration saw it as the perfect test case of the constitutionality of the NRA, and perhaps the whole New Deal. Coverage of the case, Shlaes shows, was highly tinged with the standard anti-Semitism of the time, especially because the Schechters were right out of Jewish central casting, being immigrants with their Eastern Eurpoean cadences and traditional Jewish dress. It was the Jewish rubes of Brooklyn against the high powered WASP lawyers of the northeast corridor.

Fortunately, they ultimately won, and if was in fact the first hit against the NRA by the SCOTUS (which eventually resulted in Roosevelt’s attempt to pack the court to get it to allow him to rule unopposed). But as the bloggist points out, it’s also a demonstration of the blindness of Jews to their own interests in continuing to support Democrats in general, and Roosevelt in particular. Marxists talk about the false consciousness of the proletariat, but this seems to be a much more clear-cut example.

They Didn’t Get The Memo

Iowahawk, as usual, has the scoop on the real cause of the attacks in Mumbai:

…Qasim said that Al Qaeda would work to make amends with victims of the Mumbai tragedy, including sending flowers and handwritten apology notes containing 1000 rupee ($12.65) PakMart gift cards to the surviving families of all 173 dead. Wounded victims are slated to receive a 50 rupee coupon good at participating Waziristan Fried Chicken restaurants.

“Ultimately, I know the ‘buck stops here,’ but I just want to remind everybody in the infidel world that the only gripe that we’ve really ever had with you is about George Bush,” said Qasim. “There’s just something instantly irritating about that guy, you know what I mean? It’s that smirk, the way he says ‘nuke-u-ler’ and all that ‘evildoers’ crap. There’s only so much you can take of him before you start flying planes into skyscrapers or bombing subways, or shooting Hindus, or beheading Thai school teachers, and what-have-you.”

“Believe me, now that Bush is out of the picture we’re just as upset about those senseless killings as everybody else, especially those of us who actually did the senseless killing,” he added. “All we ask is that the Indian judges not take it too hard on Ajmal. The poor kid feels bad enough already. It’s not his fault he didn’t find out about the infidel elections, you know how hard it is to get a decent Verizon cell in Mumbai. Now that we’re all on the same page again it would be a great time for all of us, believers and infidels alike, to put all the nonsense of the Bush years behind us and rekindle that beautiful peace and friendship thing we all had going on back in 2000.”

It’s too bad that Saddam didn’t survive the Bush regime. They might still be flying kites in Baghdad.