The Biggest Earmark is Empire

Second of two links this morning, posted this time because I totally agree with the point of this video. Maybe I should make that “totally agree with what I (perhaps) deconstruct this video to intend.”

What this video means to me (he wrote, self-mockingly) is that Empire must be “on the table.” Our efforts to police the world are hugely expensive, and the rationales uttered publicly are so hubristic that one must question the sanity of the utterers. I strongly suspect something that the video didn’t seem to suggest: the world might hate us less if we weren’t so full our vaunted exceptionalism and indispensability.

Welcome to the oligarchy

John Médaille in Doing God’s Work at Goldman’s notes that Greece’s banking problem — Crony Capitalism that privatized profits and socialized losses, leading to certain collapse — is, by the lights of an IMF economist, is the same as ours, and as we busted up the banking offenders in Greece, so should we here.

But of course we won’t. We have quasi-religious rationales for letting the bastards do as they wish, but in the end, we’re just making a virtue of necessity. We’re trapped.

[T]he country is formally an oligarchy, with a government of the rich, by the rich, for the rich. Partisan fights are beside the point. As Obama amply demonstrates, “change” means more of the same, for the same people fund both sides. As entertaining as our political process is, it is meaningless, full of the sound and the fury, no doubt, but signifying nothing. The real power lay elsewhere. The president and the congress seek office to run the country, only to find that the country runs them. Or rather that part of the country in and around Wall Street.

Not much I can add to that.

The planetary healing decided to “summer” up north, I guess

Two years ago Thursday, when He (you do capitalize the pronoun for this President, don’t you?) locked up the nomination with a win in Minnesota, our now-President promised:

I am absolutely certain that generations from now, we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal; this was the moment when we ended a war and secured our nation and restored our image as the last, best hope on earth. This was the moment—this was the time—when we came together to remake this great nation so that it may always reflect our very best selves and our highest ideals.

So, how’s the healing going in the Gulf of Mexico, your highness?

Beavis and Butthead Conservatism

I know I’ve written bunches about the sorry state of mainstream “conservatism.” I think I’ve specifically pointed out a ubiquitous add at TownHall.com’s columnist page, featuring lame slogan T-Shirts tightly fitted to shapely young females.

Well it’s Summertime, summertime, sum, sum, summertime, and the camera has pulled back a bit:

Yes boys, conservative chicks are HOT (nudge! nudge! wink! wink!). Ann Coulter!!! Michelle Malkin!!! Wouldn’t you like to give her them something to exercise “freedom of choice” about!? (Heh, heh, heh!)

I’d like to think that our fallen soldiers fell for something worthier than this merde.

(For the record, I know this is the softest of softcore. So what? It still offends me.)

Choose your own Jesus

Ross Douthat takes a detour and frolic from politics to diss the interminable “search for the historic Jesus.” The proximate cause of his ire is a religion professor reportedly much smitten with the “well attested” notion of Jesus ben Pantera, the illegitimate son of a Roman soldier:

Now of course what Gopnik means by “well attested” is “well attested and non-miraculous,” which is fair enough so far as it goes. But this no-miracles criterion is why the historical Jesus project is such a spectacular dead end — because what would ordinarily be the most historically-credible sources for the life and times of Jesus Christ are absolutely soaked in supernaturalism, and if you throw them out you’re left with essentially idle speculations about Jesus ben Pantera and other phantoms that have no real historical grounding whatsoever.

Think about it this way: If the letters of Saint Paul (the earliest surviving Christian texts, by general consensus) and the synoptic gospels (the second-earliest) didn’t make such extraordinary claims about Jesus’s resurrection, his divinity, and so forth, no credible historian would waste much time parsing second-century apocrypha for clues about the “real” Jesus.

[T]he synoptic gospels and Saint Paul’s epistles do make absolutely extraordinary claims, and so modern scholars have every right to read them with a skeptical eye, and question their factual reliability. But if you downgrade the earliest Christian documents or try to bracket them entirely, the documentary evidence that’s left is so intensely unreliable (dated, fragmentary, obviously mythological, etc.) that scholars can scavenge through it to build whatever Jesus they prefer — and then say, with Gopnik, that their interpretation of the life of Christ is “as well attested” as any other. Was Jesus a wandering sage? Maybe so. A failed revolutionary? Sure, why not. A lunatic who fancied himself divine? Perhaps. An apocalyptic prophet? There’s an app for that …But this isn’t history: It’s “choose your own Jesus,” and it’s become an enormous waste of time. Again, there’s nothing wrong with saying that the supernaturalism of the Christian canon makes it an unreliable guide to who Jesus really was. But if we’re honest with ourselves, then we need to acknowledge what this means: Not the beginning of a fruitful quest for the Jesus of history, but the end of it.

Ross is good when he’s carrying forward the New York Times’ mission, but this is better than good. Bullseye! All thumbs up!

“Hostess Twinkie Market” – no nutritional value

A very important but taciturn investor (that explains why I hadn’t heard of him) speaks to the Wall Street Journal, and his prognosis ain’t pretty:

  • He compared the financial markets to a Hostess Twinkie. “There is no nutritional value,” he said. “There is nothing natural in the markets. Everything is being manipulated by the government.”
  • “The government is now in the business of giving bad advice … By holding interest rates at zero, the government is basically tricking the population into going long on just about every kind of security except cash, at the price of almost certainly not getting an adequate return for the risks they are running. People can’t stand earning 0% on their money, so the government is forcing everyone in the investing public to speculate….”
  • “[I]t was in some ways helpful to carry a Depression mentality throughout their later lives, because it meant they were thrifty with their money and prudent in their investment decisions … All we got out of this crisis was a Really Bad Couple of Weeks mentality.”
  • He is buying “way out-of-the-money puts on bonds”—options that have no value unless Treasury bonds plummet. “It’s cheap disaster insurance for five years out,” he said.
  • “All the obvious hedges”—commodities and foreign currencies, for example—”are already extremely expensive,” he warned.

I’d tell you how I’m hedging, but since I have an audience of dozens, some with money in the bank, I don’t want to risk driving up the price before I’m more fully invested. 😉

HT: Patrick Deneen at Front Porch Republic.

Meanwhile, Ross Douthat says the demographic crunch every sentient creature knew was coming has arrived way early – now instead of the late 2010s: a “lost decade.” I’m not sure he’s right blaming Bush (he at least is clear that he’s talking hindsight) except that Bush had what tort lawyers call the “last clear chance” to avert catastrophe.

Porn on my mind

I have pornography on the mind lately.

You might say “tell us something surprising” or “aren’t you a little old for that?” But that would miss the point of why I have it on the mind. One obituary and a news mailing from my Law School did it to me.

Until just a few years ago, my hometown still had an independent bookstore and magazine stand downtown, City News. It was mostly magazines, frankly, and about 15% of it, as I recall, was pornography. One of the brothers who owned it until it finally closed died May 11.

City News and I had some history together. As a young adolescent, I was keenly interested in the — ahem! — “adult” material they had, and they were lax about underage browsers (this was before the brothers owned it). As a professional working half a block away decades later, I resented the pornography, but I realized that City News probably wasn’t viable without it. And I see that the brother who died, of complications of ALS, was pretty darned smart (Duke, magna cum laud) and had a pretty admirable life that I didn’t know about.

As I mused aloud on this, my wife reminded me that as a journalism major, she interviewed the female owner of a similar news stand in Peoria. Asking about the porn (which as I recall was “harder” by the standards of that day than what City News ever carried), she got the answer “I have a disabled son who is very costly to raise. Without pornography, the store dies and I’m out of work.”

Even Barnes & Noble and Borders have a small stash of what today qualifies as soft core, prudently wrapped in plastic bags.

I write this from a Marriott Hotel in L.A. Marriott is under Mormon ownership, as I recall. There was no Gideon Bible for my morning devotions, but I could have viewed pornography on the TV had I wished. I know offhand of no exceptions to “pay-per-view” porn in major hotel chains. The market apparently demands it.

I thought of this, too, as I saw a photo of my law school classmate, Scott Flanders, arm-in-arm with the Dean, with the caption declaring that he is CEO at Playboy. Scott was a libertarian-type conservative. Perhaps he still is. How wide the gulf between cultural conservatives and others of the “conservative” label!

Porn is everywhere. Yesterday before leaving for L.A., I attended a Daybreak Rotary meeting to receive a grant check for Matrix Lifeline, a pregnancy resource center I’ve been affiliated with for nearly three decades. Another grant recipient was the PEERS Project in Lafayette. It and all similar programs are losing their federal funding (elections have consequences). Mike Boston, the leader in Lafayette, trying to convey what they’re up against, said “just watch MTV for seven minutes if you can stomach it. No, just three minutes is enough.”

My wife just told me, as she leafed through an L.A. travel guide, that there’s a Porno Hall of Fame on Santa Monica Boulevard not too far from where we sit.

I hate it. We have lost all sense of shame seemliness. Some things are meant to be kept in private. Time was, not long ago, that the Dean of a good law school would have hesitated to be photographed with the CEO or a porn empire. Time was that a news stand could have survived without trafficking in porn.

I don’t accept market demand as an excuse. There are some things the market should not provide, demand be damned. And there are some trades less honorable than ditch-digging, even if they’re more remunerative.

Brother Jim, requiescat in pacem. I can’t really approve of the choice you made, but your Judge knows exactly how to factor in the spirit of the age.

Alternate energy follies – and a cold slap in the face about current cars

The Wall Street Journal must have an imp running around the office tying knots in knickers.

First, in The Price of Wind, the Editorial Board (I assume; it’s unsigned) inveighs about wind power at Nantucket Sound. It’s not because they’re NIMBY liberals, who have ferociously opposed it (seemingly for selfish aesthetic reasons), but because of the intricate subsidies and the cost of the power produced – double power from conventional sources.

There’s comic irony in this clean energy revolution getting devoured by the archaic regulations of previous clean energy revolutions. But given that taxpayers will be required to pay to build Cape Wind and then required to buy its product at prices twice normal rates, opponents might have more success if they simply pointed out what a lousy deal it is.

Then Homan Jenkins greets the reader with “Congratulations. You’re about to buy a fancy new Nissan Leaf or Chevy Volt . . . for someone else.” He is shocked that the first wave of electric cars won’t cost $40,000 after all, but roughly 70% of that, because of – gasp! – subsidies!

And so a boondoggle is born. Last month, after a meeting with White House Car Czar Ron Bloom, the Alliance of Automobile Manufacturers produced a multipoint proposal for how the handouts can be made to flow more or less in perpetuity.

“In perpetuity“? Can you think of another transportation subsidy that’s perpetual (until the collapse that’s surely coming)? No, not Amtrak. Bigger than that.

How about roads, highways, streets, block after block of lovely downtown buildings leveled to make room for public surface parking or parking garages, and such? Do you think that our auto-centric communities happened naturally and spontaneously? Gimme a break!

Gushing wells and debt crises: epiphenomena of living beyond our means

Patrick Deneen, who is capable of even deeper stuff than this, today eloquently points out that two current crises — the Gulf oil spew and the Greek debt situation — are rooted in “our collective inability to live within our means”:

All accounts of the “spew” suggest that in our insatiable search for replacement of declining amounts of crude oilavailable in places where it’s relatively easier to bring it to the surface (i.e., on land), we are now increasingly forced to probe for oil in highly inhospitable places where the odds of just such disasters are substantially increased. Our national policy of “drill, baby, drill” in deep sea environments – endorsed alike by such political “opponents” as Sarah Palin and President Obama – can only be expected to result in growing numbers of such accidents, just as a nicotine addict can be expected to burn his fingers when he probes more deeply at the bottom of an ashtray for a butt that still might have something left to inhale.

The Greek debt crisis – what many “in the know” believe to be the first of several, and even many such national crises, likely to be replayed in some form in Spain, Portugal, Ireland, even England and possibly even the U.S. – is quite simply a consequence of a nation that has grown accustomed to living beyond its means for a long time, and which now believes itself entitled to that condition on a more or less permanent basis.

Just so. I have for a long, long time suspected that our prosperity was less a matter of divine favor and Puritan work ethic than it was of our occupying an unspoiled continent, abundant in resources, at a fortuitous historic juncture. I enjoy all the modern amenities, but try to cultivate an “easy come, easy go” attitude as I anticipate at least a gradual, and probably a screeching, halt to les bontemps. Those intuitions or premonitions were long on the back burner, but the rapid return of American insouciance after 9/11 was deeply disturbing and ominous.

The 2 x 4 failed to get our attention. The 4 x 8 failed, too. What will it take? Will we just blame the dirty-neck politicians — who we elected largely in proportion to their absurd promises of either endless prosperity (Red State) or metaphysical equality at high prosperity levels (Blue State) — or will we see the culprit in the mirror?

Thus these two crises are even more deeply connected than a glance at the newspaper might reveal, as the worldwide belief that we could live permanently beyond our means was literally fueled by our brief and exuberant burning of most of the world’s supply of “easy oil.” Over the half-century or so, the world has enjoyed seemingly unlimited economic “growth” whose source was most fundamentally a sea of accumulated sunlight that was never “ours,” but which we treated as the property of the living generation without regard for the effects of our massive addiction upon the substance for future generations. This accumulation of millenia – allowing us to live for a time under the impression that humans no longer were dependent upon or governed by the earth – was tapped over the course of 150 years at increasing rates that led to its greatest amount in the early 2000’s (and the stock market at its highest level), and then suddenly began its inevitable decline with $150/barrel oil and a predictable economic crash whose inevitability was discernible to anyone who knew that the age of growth was over, and that our debt could only be repaid (if at all) by a long and painful time of austerity. We are living through the aftershocks of a world pressed by limits to growth, and – addicted to that condition of permanent thoughtlessness, and having been told that the permanence pf growth was ensured by the solidity of industry and government alike – today demand increasing debt to make up for declining wealth. The worldwide deleveraging that we have sought to forestall by means of “stimuli” and financial chicanery will be all the more painful and dislocating with every day that we put off our reckoning.

The ancient Greeks were the source of a kind of wisdom about self-government that today’s Greeks – and the rest of the world – have forgotten, only after Europeans and Americans (especially) over the past several hundred years explicitly overturned their influence – particularly the legacy of that inheritance in Christendom. Bans against “usury” – now regarded as quaint and incomprehensible – were most fundamentally bans upon current generations stealing from future generations. Limits upon debt were established to prevent people from living beyond their means, to constrain their appetites to what was appropriate within the limits of the world. It is an ancient teaching that we are rediscovering not by dint of wisdom and a habituated capacity to embrace self-rule, but by dint of having no other choice.

Several nights ago, Wendell Berry spoke to a packed – overflowing – auditorium in the Arlington library. Some hope is to be found in the fact that the audience was overwhelmingly composed of young people, wanting to hear from that older man some words about what we are now to do. And he concluded a marvelous evening of reflections and thoughts with a response to a question about Oil and Limits with the reply that he was waiting – as we should all be waiting – for someone to tell us that “we’ve got to use less,” that someone must make a criticism of our “standard of living” and speak in terms of “limits and context.” The context of which he spoke explicitly was that nature was speaking – “very noisily” – to those who would listen, and that the “news from the world” was quite clear that we needed to begin speaking and living under self-imposed limits – or those limits that would be violently imposed upon us.

Amen.