We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]
To hell with constructive engagement. This is a state that imprisons, tortures and kills its political opponents. It is a state that pollutes public discourse with untruths, and that not only seeks to suppress truths, but that seeks to suppress the free exchange of thought between its citizens. It is a state that gives succour to the genocidal regime in Sudan, and has backed itself into the position of casting Buddhist monks as dangerous terrorists.
The recent scary share price fall in HBOS, the UK banking group, prompted alarm that hedge funds and other naughty speculators were deliberately bad-mouthing the company in order to make its shares drop, and profit from that fall. There may be some truth in this: the UK financial regulator, the Financial Services Authority, is checking this case, although my confidence that the FSA will find anything has not been improved by the watchdog’s almost total uselessness over the Northern Rock affair. But as this article points out, the supposedly demonic practice of “shorting” a company is often a good thing. If investors can make a profit by a company they think is headed for trouble, it can light a fire under the complacent/useless/criminal/other executives of that company.
It all sounds a bit like witchcraft to the economic non-expert. What the bejeesus is shorting? Simply, it is the practice of borrowing something like a company’s shares in the expectation they will fall in price, then selling them, repurchasing them at a cheaper price a couple of days later, and pocketing the difference. Short-selling used to be mainly done by hedge funds who borrowed shares, bonds and other things from banks. But through derivatives like spread-betting accounts, contracts for difference and warrants, even your average Joe Punter can do this, although they would be wise to realise the risks. Numero Uno risk is that the market will not fall as the punter expects, so the investor, be he Nobel Prize winner or retired executive trading stocks in Surrey, should limit their losses by buying a pre-arranged clause to close off a bet.
Making money when a market falls. How cool is that?
We will know that South Africa does not have the stomach to support freedom and democracy for this vulnerable country. Zimbabweans must now exercise their Lockean right of self preservation to exterminate this kleptocratic elite who deny them consent and rob them of their property.
It has been revealed that the Europhiles in the Tory party, led by John Maples MP, rigged the Tories’ recent primary for Members of the European Parliament in order to prevent the deselection of Europhile incumbents and to promote women that had received too few votes. ConservativeHome has the full, sordid account.
Shane Greer – a sound centre-right blogging celeb – keeps popping up on Sky News. The news channel’s blog posting about his appearance yesterday bills him simply as “top blogger Shane Greer”. He was on the channel to discuss the stories moving across the web, although the last time I saw him, he was reviewing the papers.
Shane has got an important political media job too (he is executive editor of the forthcoming magazine Total Politics). The presenter did mention that (it is just before the clip below starts), but while Shane was speaking the caption was www.shanegreer.com, his personal blog. I noticed, similarly, Jeff Jarvis being introduced on the channel either today or yesterday as being the author of the BuzzMachine blog.
This is yet more evidence that blogging really is fully mainstream. Additionally, Shane’s blogging-print media combination highlights for me that the traditional media and the best of the blogosphere are now increasingly one in the same.
Poor Roma. The Italian football team – which is actually pretty good – has so far not had a good time of it against Manchester Utd. And with Ronaldo, the Portugese ace forward scoring a hatful of goals for ManU, the pain gets worse. Even more so when this young man, who hails from the island of Madeira, not only possesses incredible skill on the ball, but relishes sticking the ball between an opponent’s legs (known as “nutmegging”), flicking the ball in such a way as to bamboozle a defender, etc. Electrifying stuff to watch. Ronaldo, to an extent that many highly-paid players do not, understands that football these days is competing for wallets and time with all manner of entertainment.
But some of those who come up against him do not like it very much. I can sympathise, up to a point. But I do not think this man sets out to grind his opponents’ faces into the dust. It simply his way of playing the game. If the current generation of footballers cannot take it when a winger players coruscating football, god knows how they would have handled the late George Best, who used to take on opponents for fun, even put his foot on the ball to take a breather, then make a face and challenge them like a matador (he could also play a bit).
This sort of stuff does raise issues of sportsmanship, though. There is a fine line, not always easy to draw, between outrageous skill on the one hand and taking the mickey out of an opponent, on the other. Sport, as Brian noted the other day, can tell us a bit about life in general. Great skill is something to marvel at, but we generally do not like taking the piss. But on this occasion, I do not think that the arguably best footballer of our times is doing that. I was far too young to have seen Best, Pele or Di Stefano in their prime, but I am grateful, even as a supporter of another team, to watch this wizard weave such magic.
The reasons why people upset their neighbours continue to grow:
A weightlifter has been fined £70 for exercising too loudly. Giran Jobe, 36, was charged with 47 breaches of a noise abatement order after neighbours complained that his two-hour training sessions with dumbbells left them unable to sleep. A council team investigating complaints about noise from his top-floor flat in Margate, Kent, found that at times the level hit 100 decibels – as loud as a rock concert.
I have not come across this reason for neighbour annoyance before. Anyway, in my experience, the most irritating thing about going to a gym – as I do at least twice a week if possible – is the pounding, Chavvy music that these businesses insist in piping into the rooms. There seems to be some assumption that you get better exercise if there is lots of noise assaulting the ears. Maybe it is to do with the idea that certain sounds encourage quick exercise: there might even be academic studies proving the link between a raised exercise rate and music. I suppose this makes sense; anyway, dancing is one of the best exercises of the lot. Although the JPearce dance technique is unlikely to catch on anytime soon, you will no doubt be relieved to know.
‘Market’ was the sixth word I ever learnt – after ‘This little piggy goes to…’
– Dr Eamonn Butler, author of The Best Book on the Market. Isn’t it great how we get children understanding buying and selling months if not years before the anti-market teachers can get their claws on them?
Apparently they are exclusive alternatives. According to Wired:
Maine is now the lone state not to have been given an extension to long-delayed Real ID regulations, after three fellow protesting states – Montana, New Hampshire and South Carolina – got their extensions in the last two weeks despite not pledging allegiance to Real ID.
What was it Maine in particular did to offend? There is no clue. One might suspect being the easiest to blockade has something to do with it. Bullies like to pick on the weakest victim when making an example.
Assuming no actual bombs get on the plane, then it scarcely matters who the passengers are – particularly since the rules did change in one important respect on September 11th 2001 and few are likely to sit quietly and do what a hijacker says, as they were advised to before that date. If someone could explain to me why any identification at all is needed to board a plane – other than that the government just wants to know where you are going – then I’d be most grateful for the explanation.
[* Yes I know that is New Hampshire, but presumably it is in the line for the DHS’s third degree.]
There is something almost pathetic about the following paragraph from Reuters, as if the ability of people to trade with one another is some sort of wonderful present given by Father Christmas, rather than an extension of the basic right of every human to sustain life and flourish happily:
Bans on the sale of computers, DVD players and other products have been lifted, and Cubans who can afford it can now stay at tourist hotels and buy a cellphone.
Agriculture is being decentralized, farmers can decide for themselves what supplies they need and the prices paid to them are rising to boost food production.
Seriously, these steps represent real progress. If the reforms are real, it clearly makes sense for the US and other countries to lift sanctions against the country. A sharp dose of free trade should put a stake in the heart of the failed Marxist experiment in that island for good.
Meanwhile, let’s hope sanity eventually returns across the Atlantic in Zimbabwe. Surely, one of the great lessons of the 20th century, continuing to this day in Cuba, Zimbabwe or for that matter, Venezuela, is that state central planning is a disaster, whether applied to agriculture or anything else.
If you want to know why Bishop Hill is one of my favourite bloggers just now, you need look no further than this delightful posting today, which I now reproduce in its entirety:
There’s a lovely anecdote doing the rounds of climate sceptic blogs about Sir David King, the climate alarmist and former chief scientific adviser to the British government.
It seems that President Putin asked some of his leading scientists to meet Sir David when he went to Moscow as part of the entourage of the foreign secretary. King apparently launched into his standard spiel about how we’re all going to fry, but was a bit taken aback when the assembled scientists told him he was talking rubbish. When they had the temerity to list all the scientific evidence which refuted his claims of impending armageddon, our man was left looking a bit of a ninny and turned on his heels and stormed out of the room.
The story is doubly interesting because it’s related by someone called RCE Wyndham in a letter in which he tells Robin Butler, the master of University College, Oxford, that the college can expect no donations from him this year because the appointment of King to head Oxford’s Smith School of Enterprise and the Environment.
Fascinating. But then I googled Sir-David-King-Putin, and came across this, from about two months ago (you need to scroll down a bit):
Sir David King, who as the Government’s Chief Scientist played a key role in the investigation into Litvinenko’s murder, has accused the Russian president of masterminding the murder of nearly 300 of his own people in the Moscow apartment bombings in 1999, which Putin blamed on Chechen terrorists.
“I can tell you that Putin was responsible for the bombings,” Sir David claimed to Mandrake at the Morgan Stanley Great Britons Awards. “I’ve seen the evidence. There is no way that Putin would have won the election if it wasn’t for the bombings. Before them he was getting 10 per cent approval ratings. After, they shot up to 80 per cent.”
I am not sure which came first, the mass murder accusation or the environmental ambush. I think it was the ambush that began all this. But either way, they really don’t like each other, do they?
It might make a rather good play. It’s always best when appalling people fail to get on. Imagine what the world would be like if they were all on the same side. I know, I know, not that different.
The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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