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06 Dec 17:21

YOUR SCIENTISTS SPENT TOO MUCH TIME WONDERING IF THEY COULD, NOT ENOUGH TIME WONDERING IF THEY SHOUL…

by Glenn Reynolds

YOUR SCIENTISTS SPENT TOO MUCH TIME WONDERING IF THEY COULD, NOT ENOUGH TIME WONDERING IF THEY SHOULD: With ingestible pill, you can track fart development in real time on your phone.

30 Nov 13:24

DIVERSITY IS OUR STRENGTH: French Court cites ‘cultural norms’ in acquitting Muslim rapist. A Mus…

by Stephen Green

DIVERSITY IS OUR STRENGTH: French Court cites ‘cultural norms’ in acquitting Muslim rapist.

A Muslim refugee from Bangladesh was acquitted of the rape of a high school girl – with a French court excusing the sexual attack due to the young man’s “different cultural norms.”

The young Islamic migrant was also charged with sexually assaulting another young girl, but his defense argued that he should not be held responsible because he could have misinterpreted his aggressive sexual contact with the girl due to his Muslim “cultural codes.”

Excuses, excuses

The politically correct explanation for acquitting the rapist contended that he should not be accountable for the attack because of the way Muslim men traditionally sexually victimize and abuse women back in Bangladesh.

“Experts who investigated the man described him as narcissistic and self-centered and that in the male culture of Bangladesh – his country of origin – ‘women are relegated to the status of sexual object,’” the Voice of Europe reported.

And now they are in France, too.

20 Nov 01:35

NEWS YOU CAN USE? When to Shoot a Nuclear Bomb With Your Gun. While at an air base almost certai…

by Stephen Green

NEWS YOU CAN USE? When to Shoot a Nuclear Bomb With Your Gun.

While at an air base almost certainly located in what was then West Germany, Agnew saw little evidence that nuclear weapons were under strict American control, as Congress expected.

At best there was what he later called a “token custodial arrangement” that he witnessed when he saw nuclear bombs hanging under West German aircraft with only the supervision of a young, lone American G.I. on the flight line.

“What are you going to do if these guys come running out and they’re going take off and no one has told you that it’s all right?” Agnew asked the soldier.

The soldier said he didn’t know what to do.

“What you ought to do is just shoot the bombs,” Agnew told him, counting on the high probability that bullets would disable the weapons. “Shoot those things and don’t worry about it.

A security plan that calls for shooting The Bomb—and crossing your fingers for luck might—sound like a scene straight out of Stanley Kubrick’s Dr. Strangelove.

But Agnew’s recollections are just some of dozens about the often fragile nature of nuclear weapons safety and security in a documentary produced by the Sandia National Laboratories for internal use and recently made public under the Freedom of Information Act.

Much more at the link.

18 Nov 18:44

THE BLOOMBERG SYNDROME: How Misguided Environmentalism Is To Blame For California’s Wildfires. …

by Ed Driscoll
10 Nov 22:35

WELL, THIS IS TROUBLING: …

by Glenn Reynolds

WELL, THIS IS TROUBLING:

30 Oct 00:41

MONICA SHOWALTER: Murderous communists? Who knew? Take a look at what they are doing in Venezuela. …

by Stephen Green

MONICA SHOWALTER: Murderous communists? Who knew? Take a look at what they are doing in Venezuela.

There’s another reality about the place, and it’s not getting the attention, say, Saudi Arabia or Russia is, over the killings of dissidents. The Maduro regime is showing an alarming willingness to violently attack opposition leaders, and it’s moving in on high-profile ones who had previously seemed untouchable. They’ve already jailed politician Leopoldo Lopez and driven many others into exile. But the regime’s people have stepped up the thuggery to higher levels since then. They tortured to death a city councilman who was then flung off a ten-story building earlier this month. And they encircled and beat up leading opposition leader Maria Corina Machado, likely signaling intent to kill.

Maduro’s abuses aren’t getting the same attention Khashoggi’s murder has because they can’t be used to embarrass the right people.

27 Oct 13:26

CNBC’s Jim Cramer eats crow for pushing Nucor, as Trump’s tariffs backfire even for US steelmakers - Publications – AEI

by Mark Perry

AEI
CNBC’s Jim Cramer eats crow for pushing Nucor, as Trump’s tariffs backfire even for US steelmakers

 

In the video above from tonight’s Mad Money Show on CNBC, host Jim Cramer breaks down why Trump’s steel tariffs aren’t working, even for US steelmakers like Nucor who were supposed to be the main beneficiaries of the artificially high steel prices.

Let me tell you what caught me by surprise. The steel tariffs aren’t working in the way we thought they would… for the steel industry. Remember the first major shot fired in this trade skirmish was the President’s 25% tariff on imported steel – something the steel industry had been aggressively pushing for. The idea here was that the steelmakers needed to be protected from government-subsidized Chinese competition that was flooding the global market. Sure everybody who buys steel would have to pay more, but our steelmakers, wouldn’t they be in better shape, that makes sense right? Or at least that was the theory.

In practice, the steel stocks have been slaughtered since the tariffs went into effect. Just look at the stock of Nucor, the best steelmaker in America, and the chief proponent of the 25% steel tariff on steel imports. Nucor is down by $10 since the tariffs were announced! Counterintuitive? How the heck is that possible? The whole point of this exercise was to help the US steelmakers by making foreign competition more expensive, and allowing companies like Nucor to raise their prices to levels where they could get a decent return.

And yet here we are. Wow! Last week Nucor reported an underwhelming quarter. Tepid guidance. And the stock is now at its lowest level since late last year. The tariffs aren’t helping the steel industry, in fact they might be hurting the steel industry. So how in the world did this happen? What’s going on here?

Before I get into the details I need to eat some crow myself. I recommended Nucor stock over and over again as the big beneficiary of Trump’s protectionism. The CEO John Ferriola has been pushing for the government to get involved for ages. He was very bullish about the positive impact of steel tariffs, and I believed him! In retrospect, I think Ferriola and I may have been mistaken. What can I say, mea culpa! I got it wrong. So what went wrong?

So why is Nucor suffering so badly instead of practically being able to print money due to the protective tariffs that insulate it from foreign competition? The “Mad Money” host floated three ideas, and they are all related to the steel tariffs, which were intended to raise prices on government-subsidized steel from other countries in order to revive business at U.S. steelmakers like Nucor.

“First of all, when the government slaps a 25% tax on imported steel — basically a federally-mandated price increase — that’s going to reduce demand,” Cramer said. “We just spoke to Barry Sternlicht, the CEO of Starwood Capital — a major real estate developer and lender — and he said the price of steel has gotten so excessive that it’s actually starting to limit demand [or technically quantity demanded].”

Second, the United States is now in the throes of a “genuine trade war with China,” and tariffs being passed back and forth between the two countries is “bad for business” in the near term.

“Unfortunately, the steelmakers are very economically sensitive,” Cramer said. “Which brings me to the final problem: all of these tariffs raise prices, and when the Federal Reserve sees prices going up, they get very worried about inflation. That’s one of the reasons the Fed’s gotten so aggressive about raising interest rates. And, look, you do not want to own the steelmakers when the Fed is tightening aggressively.”

MP: If this is the Protectionist-in-Chief’s idea of winning, when both domestic steelmakers like Nucor, and domestic steel-using firms like Ford, GM and Caterpillar are suffering from the steel tariffs, what exactly would losing look like?

CNBC’s Jim Cramer eats crow for pushing Nucor, as Trump’s tariffs backfire even for US steelmakers
Mark Perry

23 Oct 03:06

LATE-STAGE SOCIALISM: Venezuela’s foreign creditors try to lay claim to Citgo. If Citgo is seiz…

by Stephen Green

LATE-STAGE SOCIALISM: Venezuela’s foreign creditors try to lay claim to Citgo.

If Citgo is seized and sold to pay Venezuela’s debts, it could disrupt one of the most reliable sources of cash for a country already reeling from hyperinflation, food and medicine shortages, and a population exodus. U.S. sanctions aimed at pressuring President Nicolás Maduro, who has overseen the worst of the country’s implosion, have exacerbated the government’s pain, largely blocking it from the U.S. financial system.

The fight over Citgo is unfolding in courtrooms and boardrooms across North America and Europe – with a key decision expected by the end of the year.

Two Canadian mining firms are trying to acquire parts of Citgo as compensation for Venezuela’s expropriation of their assets more than a decade ago. A Russian oil company and holders of bonds issued by Venezuela’s state oil producer have staked a claim to Citgo shares. ConocoPhillips suggested it may also pursue the company.

In August, a federal judge in Delaware gave a bankrupt Canadian gold-mining company, Crystallex International, permission to seize shares of Citgo’s holding company, a decision that Venezuela’s lawyers lamented would “trigger a cascade of adverse events.”

It took a while to get going, but the cascade was triggered with Hugo Chavez’s election in 1999.

22 Oct 03:39

HERE’S A COUPLE THAT WILL STAY TOGETHER AT LEAST UNTIL THE STATUTE OF LIMITATIONS HAS RUN: NELLIE O…

by Glenn Reynolds

HERE’S A COUPLE THAT WILL STAY TOGETHER AT LEAST UNTIL THE STATUTE OF LIMITATIONS HAS RUN: NELLIE OHR INVOKES MARITAL PRIVILEGE TO AVOID TESTIFYING ABOUT HER HUSBAND, A DOJ OFFICIAL.

10 Oct 01:27

GREAT MOMENTS IN SOVIET PSYCHIATRY: The View Hosts Write Off Kanye’s Trump Openness As Mental Illn…

by Ed Driscoll

GREAT MOMENTS IN SOVIET PSYCHIATRY: The View Hosts Write Off Kanye’s Trump Openness As Mental Illness.

This type of discussion is not just denigrating to people who suffer from bipolar disorder and their families, by implying they are incapable of thinking for themselves or floating ideas, but it is also writing off black Republicans or any minorities who dare to think differently, who don’t fit their Hollywood mold, as crazy and “off his meds.”

Kanye has been open about suffering from mental illness and taking medication in the past, but using someone’s mental illness as an explanation for why his political views are different from yours is vile. Furthermore, it’s shameless to insinuate that Kardashian is incapable of caring for her husband’s health, when in reality she simply refusing to be a part of the silencing mob. Kardashian has publicly and repeatedly shown support for her husband’s political thoughts.

Related: How the Soviets used their own twisted version of psychiatry to suppress political dissent.

29 Sep 16:38

BUT IT WAS REPORTED EVERYWHERE AT THE MOST IMPACTFUL MOMENT: It turns out the American Bar Associat…

by Glenn Reynolds

BUT IT WAS REPORTED EVERYWHERE AT THE MOST IMPACTFUL MOMENT: It turns out the American Bar Association story on Brett Kavanaugh was FAKE NEWS. “The Senate Judiciary Committee released this letter on Friday from the ABA stating that Robert Carlson, the President of the American Bar Association who wrote the letter, didn’t get the it approved by the committee that actually votes on this sort of thing and that the ABA’s rating of Judge Kavanaugh “’is not affected’.”

For this abuse of power, Robert Carlson should resign from the ABA presidency immediately.

28 Sep 02:54

“WE CAN’T REALLY GET FIRED:” Sting video of left-wing DOJ staffer bragging about misuse of govt. re…

by Glenn Reynolds

“WE CAN’T REALLY GET FIRED:” Sting video of left-wing DOJ staffer bragging about misuse of govt. resources sparks investigation. “Allison Hrabar, a Justice Department paralegal, said in the undercover video that she found the address of a DC lobbyist by running his license plate at work, which she then used to organize a DSA protest outside his home. She admitted that she was not permitted to do so ‘officially.’ Other DSA members said that she used the department’s Lexis Nexis account to ferret out the addresses of protest targets.”

28 Sep 01:36

CORNELL FOOD RESEARCHER RESIGNS AFTER A FINDING OF SCIENTIFIC MISCONDUCT. His work, now discredited…

by Glenn Reynolds

CORNELL FOOD RESEARCHER RESIGNS AFTER A FINDING OF SCIENTIFIC MISCONDUCT. His work, now discredited, was the basis for Michelle Obama’s disastrous school lunch “reforms.”

28 Sep 00:37

SCIENCE, UNSETTLED: New Research Confirms We Got Cholesterol All Wrong: The U.S. government has pu…

by Glenn Reynolds
28 Sep 00:28

MAZIE HIRONO ‘JUSTICE:’ “You have to watch that clip. Democratic Sen. Mazie Hirono says point …

by Ed Driscoll

MAZIE HIRONO ‘JUSTICE:’ “You have to watch that clip. Democratic Sen. Mazie Hirono says point blank that facts don’t matter. Kavanaugh is guilty of attempted rape decades ago because he is a conservative judge.”

Exit quote: “Solzhenitsyn wrote that in the Soviet Union, trials were never to be treated as a matter of the guilt or innocence of the accused, but of furthering the class struggle.”

13 Sep 03:02

Happy 138th Birthday to the ‘Sage of Baltimore’ — H.L. Mencken - Publications – AEI

by Mark Perry

AEI
Happy 138th Birthday to the ‘Sage of Baltimore’ — H.L. Mencken

mencken

Tomorrow (September 12) is H.L. Mencken’s birthday. The “Sage of Baltimore” (pictured above) was born in 1880 and is regarded by many as one of the most influential American journalists, essayists, and writers of the early 20th century. To recognize the great political writer on his birthday, here are 12 of my favorite Mencken quotes:

1. Every election is a sort of advance auction sale of stolen goods.

2. A good politician is quite as unthinkable as an honest burglar.

3. A politician is an animal which can sit on a fence and yet keep both ears to the ground.

4. Democracy is a pathetic belief in the collective wisdom of individual ignorance.

5. Democracy is also a form of worship. It is the worship of jackals by jackasses.

6. Democracy is the art and science of running the circus from the monkey cage.

7. Democracy is the theory that the common people know what they want, and deserve to get it good and hard.

8. Every decent man is ashamed of the government he lives under.

9. If a politician found he had cannibals among his constituents, he would promise them missionaries for dinner.

10. For every complex problem there is an answer that is clear, simple, and wrong.

11. The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

12. As democracy is perfected, the office of the president represents, more and more closely, the inner soul of the people. We move toward a lofty ideal. On some great and glorious day, the plain folks of the land will reach their heart’s desire at last, and the White House will be adorned by a downright moron.

You can find more great Mencken quotes here.

Happy 138th Birthday to the ‘Sage of Baltimore’ — H.L. Mencken
Mark Perry

10 Sep 20:57

MARK PERRY: “Over the last 12 years, I’ve probably created and posted more than 3,000 graphics on…

by Glenn Reynolds

MARK PERRY: “Over the last 12 years, I’ve probably created and posted more than 3,000 graphics on CD, Twitter, and Facebook including charts/graphs, tables, figures, maps and Venn diagrams. Of all of those graphics, I don’t think any single one has ever gotten more attention, links, re-Tweets, re-posts, and mentions than the one above (and previous versions), which has been referred to as ‘the Chart of the Century.'”

Heck, I got a whole book out of it.

09 Sep 02:47

SORT OF LIKE AFTER HILLARY’S DEFEAT: It’s shameful what US Open did to Naomi Osaka. Naomi Osak…

by Glenn Reynolds

SORT OF LIKE AFTER HILLARY’S DEFEAT: It’s shameful what US Open did to Naomi Osaka.

Naomi Osaka, 20 years old, just became the first player from Japan to win a Grand Slam.

Yet rather than cheer Osaka, the crowd, the commentators and US Open officials all expressed shock and grief that Serena Williams lost.

Osaka spent what should have been her victory lap in tears. It had been her childhood dream to make it to the US Open and possibly play against Williams, her idol, in the final.

It’s hard to recall a more unsportsmanlike event.

Here was a young girl who pulled off one of the greatest upsets ever, who fought for every point she earned, ashamed.

At the awards ceremony, Osaka covered her face with her black visor and cried. The crowd booed her. Katrina Adams, chairman and president of the USTA, opened the awards ceremony by denigrating the winner and lionizing Williams — whose ego, if anything, needs piercing.

“Perhaps it’s not the finish we were looking for today,” Adams said, “but Serena, you are a champion of all champions.” Addressing the crowd, Adams added, “This mama is a role model and respected by all.”

That’s not likely the case now, not after the world watched as Serena Williams had a series of epic meltdowns on the court, all sparked when the umpire warned her: No coaching from the side. Her coach was making visible hand signals.

“I don’t cheat to win,” Williams told him. “I’d rather lose.”

She couldn’t let it go, going back multiple times to berate the umpire. At one point she called him a thief.

“You stole a point from me!” she yelled.

After her loss, Williams’s coach admitted to ESPN that he had, in fact, been coaching from the stands, a code violation. The warning was fair. . . .

Osaka, a young player at the beginning of her career, showed grit, determination and maturity on that court and off.

She earned that trophy. Let’s recall that this wasn’t Osaka’s first victory over Williams — she beat Williams back in March, causing a hiccup in that great comeback narrative.

Osaka earned her moment as victor at the US Open, one that should have been pure joy. If anything was stolen during this match, it was that.

Shameful, but not surprising.

09 Sep 01:01

THE NCAA IS A SHITTY CARTEL THAT SHOULD BE ABOLISHED: NCAA punishes several Kentucky athletes for p…

by Glenn Reynolds

THE NCAA IS A SHITTY CARTEL THAT SHOULD BE ABOLISHED: NCAA punishes several Kentucky athletes for pick-up soccer game with Foo Fighters.

04 Sep 05:00

SO MANY LIES PASS FOR NEWS: US accounts for just 1% of mass shootings, not media-hyped 31%.. “Lan…

by Glenn Reynolds

SO MANY LIES PASS FOR NEWS: US accounts for just 1% of mass shootings, not media-hyped 31%.. “Lankford’s study reported that from 1966 to 2012, there were 90 public mass shooters in the United States and 202 in the rest of world. We find that Lankford’s data represent a gross undercount of foreign attacks. Our list contains 1,448 attacks and at least 3,081 shooters outside the United States over just the last 15 years of the period that Lankford examined. We find at least fifteen times more mass public shooters than Lankford in less than a third the number of years,.”

30 Aug 20:26

WHOA: St. Louis Circuit Attorney Kim Gardner has created an “exclusion list” of 28 police officers w…

by Stephen Green
29 Aug 18:23

How Formerly Independent Doctors Were Pushed Out of Business: New at Reason

by Reason Staff

"Is the independent doctor disappearing?" U.S. News & World Report asked earlier this summer. The answer is yes, argues J.D. Tuccille, and to a significant extent, that's a result of deliberate policy.

Just 33 percent of physicians "identify as independent practice owners or partners," the Physicians Foundation reported in its last last survey, conducted in 2016. That's down from 48.5 percent in 2012. But while a majority of doctors now opt to work as employees, "most physicians, even many who are themselves employed by hospitals, do not believe hospital employment of physicians is a positive trend," the foundation reported.

Why are doctors going to work for large organizations when they seem so resistant to the idea? Factors featured in the U.S. News article include "government insurance mandates and changes to health insurance design to new reporting requirements, escalating costs and the rise of urgent care clinics." U.S. News also notes that "unique for physicians are certain requirements surrounding electronic health records and new reporting requirements regarding patient visits as part of the Affordable Care Act."

Your doctors didn't jump out of business; they were pushed, writes Tuccille. And they were pushed by people way too convinced of their qualifications to redesign the world around them.

View this article.

29 Aug 18:01

THE MASK COMES OFF: UN Appointed Climate Science Team Demands The End of Capitalism….

by Stephen Green
27 Aug 17:15

BJORN LOMBORG: How the war on climate change slams the world’s poor. Activist organizations lik…

by Stephen Green

BJORN LOMBORG: How the war on climate change slams the world’s poor.

Activist organizations like Worldwatch argue that higher temperatures will make more people hungry, so drastic carbon cuts are needed. But a comprehensive new study published in Nature Climate Change led by researchers from the International Institute for Applied Systems Analysis has found that strong global climate action would cause far more hunger and food insecurity than climate change itself.

The scientists used eight global-agricultural models to analyze various scenarios between now and 2050. These models suggest, on average, that climate change could put an extra 24 million people at risk of hunger. But a global carbon tax would increase food prices and push 78 million more people into risk of hunger. The areas expected to be most vulnerable are sub-Saharan Africa and India.

Trying to help 24 million people by imperiling 78 million people’s lives is a very poor policy.

It’s great statism though.

25 Aug 03:15

FASTER, PLEASE: Intervening on mtDNA in Mice Reverses Skin Wrinkling and Hair Loss. “In what appea…

by Glenn Reynolds

FASTER, PLEASE: Intervening on mtDNA in Mice Reverses Skin Wrinkling and Hair Loss. “In what appears to be a world first, scientists at the University of Alabama at Birmingham have reversed two of the most common visual signs of aging—skin wrinkles and hair loss—in mice by turning off a gene responsible for mitochondrial dysfunction.”

24 Aug 14:50

GOOD MONEY AFTER BAD: For all the love lavished on Venezuela’s Bolivarian socialism by Bernie…

by Stephen Green

GOOD MONEY AFTER BAD:

For all the love lavished on Venezuela’s Bolivarian socialism by Bernie Sanders, Michael Moore, Sean Penn, et al, I wonder if any of them actually put any money on the regime?

Not really. I’m sure the answer is no.

24 Aug 14:17

MY UNDERSTANDING IS THAT THE CONSTITUTION FORBIDS ANY RELIGIOUS TEST FOR PUBLIC OFFICE: If Trump and…

by Stephen Green

MY UNDERSTANDING IS THAT THE CONSTITUTION FORBIDS ANY RELIGIOUS TEST FOR PUBLIC OFFICE: If Trump and GOP don’t understand climate change, they don’t deserve public office.

22 Aug 13:25

ANTISOCIAL MEDIA: Facebook has TRUST ratings for users – but it won’t tell you your score. Ea…

by Stephen Green

ANTISOCIAL MEDIA: Facebook has TRUST ratings for users – but it won’t tell you your score.

Earlier this year, Facebook admitted it was rolling out trust ratings for media outlets.

This involved ranking news websites based on the quality of the news they were reporting.

This rating would then be used to decide which posts should be promoted higher in users’ News Feeds.

User ratings are employed in a similar way – helping Facebook make a judgement about the quality of their post reports.

According to Lyons, a user’s rating “isn’t meant to be an absolute indicator of a person’s credibility”.

Instead, it’s intended as a measurement of working out how risky a user’s actions may be.

If Facebook were transparent about this stuff, users — the network’s actual content providers and creators — could work to improve trust.

But that kind of openness just isn’t in the company’s DNA, says Frederic Filloux on Monday Note:

Facebook’s DNA is based on the unchallenged power of an exceptional but morally flawed — or at least dangerously immature — leader who sees the world as a gigantic monetization playground. In Mark Zuckerberg’s world, the farther from home, the more leeway he feels to experiment with whatever comes to his prolific mind. Yielding on the Ford Pinto syndrome, he feels little incentive to correct the misuse of the tools he created. And he managed to have no one standing against him.

It’s a fascinating article, and I recommend reading the whole thing.

18 Aug 20:07

NEW SOCIALIST “IT GIRL” CONTINUES TO PAY DIVIDENDS: Alexandria Ocasio-Cortez bans press from Que…

by Ed Driscoll

NEW SOCIALIST “IT GIRL” CONTINUES TO PAY DIVIDENDS: Alexandria Ocasio-Cortez bans press from Queens town hall.

16 Aug 13:07

TRACKING EARTH’S MINI-MOONS: There could be many minis in orbit….

by Austin Bay

TRACKING EARTH’S MINI-MOONS: There could be many minis in orbit.