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gags

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Posts posted by gags

  1. Here's an even more devastating review of the C4C program in its aftermath:

    Taxpayers ended up paying an average of $24,000 per vehicle for the Cash for Clunkers program over the summer when sales that would have happened anyway are taken into consideration, says car buying research site Edmunds.com.

    But Edmunds.com says a lot of those sales would have happened anyway, with or without the clunkers program. Of more than 690,000 vehicles sold, only about 125,000 of the sales were entirely due to the government's added inducement, Edmunds.com says. The rest of buyers just got lucky by getting the government to kick cash into deals that they would have proceeded with anyhow. When the cost of the program is spread over just those extra incremental sales, the total is $24,000 per vehicle.

    http://content.usatoday.com/communities/dr.../10/620000657/1

  2. I disagree. Afghani's don't understand western liberal democracy and what's more thay don't trust it or us to keep them safe from the baddies. They are still living a tribal feudal existence and there aren't enough 5.56mm, C4 and/or Preadator strikes in the whole world to change that cultural mindset in anything like a reasonable amount of time or without wasting a massive amount of blood and treasure. You can't force anyone to be free... it's an oxymoron.

    I'm with you Zip. We don't have the decades of time or the monetary resources that will be needed to bring this Dark Ages society into the 21st century. We should have killed as many of the Taliban as possible at the beginning, declared victory and left them with a warning of future death and destruction. Now, after having been there for so long, if we leave the country the death worshippers will claim that they have won. It's an extremely sticky situation for Obama and I don't think he has the balls to deal with it properly.

  3. Here's a pretty interesting account of the government takeover of GM and Chrysler. GM's management (true to form) was arrogant and incompetent, right up to the very end.

    Everyone knew Detroit's reputation for insular, slow-moving cultures. Even by that low standard, I was shocked by the stunningly poor management that we found, particularly at GM, where we encountered, among other things, perhaps the weakest finance operation any of us had ever seen in a major company.

    For example, under the previous administration's loan agreements, Treasury was to approve every GM transaction of more than $100 million that was outside of the normal course. From my first day at Treasury, PowerPoint decks would arrive from GM (we quickly concluded that no decision seemed to be made at GM without one) requesting approvals. We were appalled by the absence of sound analysis provided to justify these expenditures.

    http://money.cnn.com/2009/10/21/autos/auto...sion=2009102104

  4. http://www.youtube.com/watch?v=SUEdfq5o2bs

    Did he just employ the Argument from Depravity?

    It would be great if we could all be good, like Mother Teresa (and operate our economy that way) but since we're not, ie., since we are evil and selfish, all we deserve is the free market.

    Am I right in that interpretation?

    It sounds like some sort of strange variation on the idea of "original sin". We all suck, so we deserve Capitalism. Never heard that one before.

  5. Limbaugh is getting grief because he made fun of the tens of thousands of people who showed up in Detroit looking for a government handout. If you didn't hear about it, the city announced that it was giving away $15 million in federal grants to needy people and the rumor spread locally that you could show up and get a check for $3,000. When you have 30%+ unemployment and a city loaded with people who are used to living off of the dole, you better believe that you're going to get a crowd when you announce you're giving away cash. Well, about 50,000 people came to Cobo Hall in the downtown area and a riot nearly broke out.

    Here's a link to the opinion piece from a Detroit News columnist who didn't take very kindly to Limbaugh's comments:

    http://www.detnews.com/article/20091011/OP...0312/1409/METRO

    Also, here's some background on the incident that caused the uproar: http://www.msnbc.msn.com/id/33211233/ns/lo...ews-detroit_mi/

  6. The anti-gay service stance makes sense just because most service members come from conservative or moderate roots that hold those views. The left doesn't respect or support the military regardless of what they say and most left to far left people would do anything before they would work for the military. At least thats been my perception.

    One of the arguments I've heard in the past is that "unit cohesion" will be affected negatively by allowing openly homosexual men in combat units. I'd tend to doubt this is true, but what do you guys in the service think?

  7. I've always thought that this was a very strange policy and I'm particularly surprised that Obama hasn't done away with it yet. I suppose everything is about politics with this administration.

    I've never been in the military, so I'll defer to people like Zip and others who have actually been in the service. I don't see why would there be a problem with simply accepting gays in the military, the same way they are pretty much routinely accepted in most other professions.

  8. Let me give an example question: If I go on national television with a Libertarian and agree with most of their political views, would you view that as appeasement or not?

    That's not a proper hypothetical for the situation at hand. If you were to go on TV and agree with some of the Libertarian's political views and clearly point out the areas where you disagree and also explain why, then that wouldn't be "appeasement" at all, would it?

  9. An Objectivist arguing the fallacy of deity in a Church or synagogue to the 'faithful' (and I gather this the vast majority of Beck's TV audience) would be compromising his morality.
    Why would speaking out against the views of a bunch of religionists in a religious setting compromise Dr. Brook's morality? If an Objectivist were to argue with a Nazi or a Communist at a rally, is that compromising the Objectivist's morality? By the way, I'm not comparing Beck to either a Nazi or a Communist. That would be absurd.
  10. This begs the question though, what kind of a 'name' is he creating for himself by this association?

    Bob Bidinotto has been on the Thom Hartman show in the past. When I heard him, he was plugged as an Objectivist. Bob expressed himself clearly and never backed down as Hartman started to disagree and spout the normal leftist drivel. These kinds of appearances don't reflect negatively on Objectivism, in fact they're a huge positive because they advertise the philosophy and demonstrate a clear difference between Objectivism and all of the other trash out there.

  11. Dumb? Willfully ignorant? What am I missing here?

    How about confused, intimidated, and intellectually disarmed by the moral arguments made in favor of universal healthcare? People are constantly being beaten over the head by the claim that healthcare is a right to which we are all entitled. Nevertheless, anyone with a basic level of intelligence knows that making something "free" to the end user while also adding tens of millions of people to the system will result in shortages and rationing. The moral argument based on the false morality of altruism is a tough one for most people to overcome.

    Hah!, JMS beat me to it.

  12. There was (a few months back) an appeal on this forum from an influential Mormon who similarly professed to admire the bulk of Objectivism, and suggested basically that we bury our differences in the greater interest of your nation.

    I was one of the few who entertained the idea, as an 'arms-length' alliance -- temporarily, with clear cut separation between the two parties -- simply because of the religious Capitalists' sheer weight of numbers.

    I had misgivings about the pragmatism involved, ('the enemy of my enemy is my friend'), but decided it was superseded by the huge threat we are facing.

    So where was the support for this initiative at that time?

    This is the dilemma that faces and will continue to face Objectivists for the foreseeable future under the current 2 party system. There won't be a Democrat or a Republican with whom most Objectivists can agree on every issue. That being the case we have a couple of choices. One can become completely divorced from politics and thus have no impact on the process, or one can choose sides and switch sides in such a way that our issues are more or less supported and the damage is more or less minimized.

    I choose the second option, and I support/vote for the party that tends to best reflect my views on the most important issues of the day. I also choose to give my support to candidates where I think that their election will tend to cause gridlock and nothing will happen. If that means forming a temporary alliance with someone who is outwardly religious in order to help defeat socialized medicine (for example), then forming that alliance is a moral political decision. It doesn't mean that I share the religionist's views on religion, it simply means that we are both opposed to socialized healthcare.

    Right now I believe that Objectivists involved in American politics should be focused on delaying the damage while we fight the long-term philosophical battles needed to change the culture. That won't happen quickly, so holding the socialists and the religionists at bay while we make progress on the philosophical front should be our primary political goal.

  13. A recent article in Barrons talks about a post-mortem done on the program by a couple of academic economists:

    According to an estimate by two University of Delaware economists cited by the Detroit News, the costs of the $3 billion cash-for-clunkers program exceeded the benefits by $1.4 billion.

    Still, auto sales surged to a boom-time 14 million annual rate in August as car buyers went ga-ga for clunker cash, bringing joy to them and dealers -- especially dealers. Now comes payback time.

    "On closer inspection, we do not see lasting, tangible benefits for the economy," Citigroup economists write about cash for clunkers in this weeks Comments on Credit. "The sales spike probably borrowed from future months and will fall off sharply now that the program has ended.

    "We believe that the program did not help that the program did not help auto makers much because the rise in sales was temporary, and gave car buyers only a small cost savings. The biggest beneficiaries of this program were the auto dealers themselves, who essentially received a huge transfer from the U.S. Treasury," they add.

    http://online.barrons.com/article/SB125415...?mod=BOL_hpp_dc

  14. The French may not like Islamic culture, but they're happy to take their money:

    PARIS — As France debates whether to ban the burqa, the government is leading a drive to attract billions in investment from Muslim countries by turning Paris into the European capital of Islamic finance.

    The French parliament this month has approved changes to legislation to allow Islamic "sukuk" bonds to be issued and the Qatar Islamic Bank has applied to be the first such bank to open in France.

    Home to Europe's biggest Muslim minority, France is hoping to unseat London as the European hub for Islamic banking, offering products that comply with Sharia law and meet the needs of big investors mostly from Gulf countries.

    http://www.google.com/hostednews/afp/artic...FI5s7zQxguXDBiQ

  15. For those you from Michigan who haven't heard yet, the University of Michigan Students of Objectivism are hosting Dr. Yaron Brook on Tuesday, October 6 at 7:00 pm.

    He will be giving his lecture entitled "Capitalism Without Guilt: The Moral Case for Freedom".

    Here's a quick summary:

    Virtually everyone today regards the financial crisis as a failure of the free market. In this talk, Yaron

    Brook, executive director of the Ayn Rand Center for Individual Rights, will argue that in fact it is the

    un-free market that has failed. It was not capitalism that held interest rates below the rate of inflation,

    spurring massive amounts of borrowing and a housing boom. It was not capitalism that gave us

    Fannie Mae and Freddie Mac, which promoted subprime lending and helped fuel the boom. It was

    not capitalism that gave us deposit insurance and the "too big to fail" doctrine, which encouraged

    risky financial practices. These, and many anti-capitalist measures like them, Dr. Brook will argue,

    laid the groundwork for the financial crisis. The only cure, according to Dr. Brook, is to set the

    market free. But to do that, Americans must embrace capitalism as a moral system--one that should

    be defended without guilt.

    Facebook: http://www.facebook.com/n/?event.php&e...48d4dG29b78c3G7

    The talk will be held in room 1640 of the Chemistry building. The Chem building is located on the Main Campus in Ann Arbor, MI. It sits on North University Street, across from the Michigan League, which is #15 on the campus map below.

    Here's a map link: http://www.umich.edu/news/Maps/ccamp.html

    Everyone is welcome.

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