Wednesday, May 19, 2010

Rand Paul

Why would anyone vote for Rand Paul? The bozo can't even get the first three words in the Constitution, "We the people." He wants a nation dominated by business interests. The common good doesn't exist. Watch the video.



Paul is scary because he sounds so rational. But, of course, he is not. He is even more of a magical realist than Gabriel García Márquez. Rand Paul believes it OK for a mining company to slice the top off a mountain that it owns as long as it doesn't pollute neighboring property. The neighbors are safe because if pollution does cross the property line, then the local judge will get the mining company to stop. This is where pro-business folks from tea baggers up to Chicago school economists always get it wrong. Let's play it out. Assume some state law or local ordinance applies to property contamination by mine tailings. The mine's neighbor goes to a judge asking for help. The judge may tell the mining company to stop operations, clean up the contamination, or give the neighbor money. So, far, we are following Dr. Rand's prescription. Now, though, the train jumps the tracks. What happens if the mining company ignores the judge or, worse, does a half-assed job of cleaning up? Or, what happens if the mining company appeals the judge's decision?

It's easy to imagine the next part of the story because it has happened before. The mining company has enough money to manipulate the justice system. The lone neighbor does not. I'm not talking about bribery. Nothing that blatant. Reality is more perverse, more frustrating, and more unfair. The company stalls and stalls and stalls. There are appeals and delays. The mining company sues the neighbor for defamation or demands repayment for money lost while the mountain removal was halted. Miners are fired because, the company claims, the nasty mean-spirited, selfish bastard of a neighbor forced the sweet, benevolent, innocent mining company to stop work. The mine is likely in a small rural community. Neighbor turns against neighbor.

Pro-business, Kool-Aid drinkers insist that marketplace magic will punish companies that behave badly. Rand Paul says so in the video. The mining company, he claims, wouldn't want to pollute its neighbor. How many examples of bad -- even deadly -- behavior will it take before these fools accept reality? There was Beech-Nut selling fake apple juice for kids and babies. A Federal lab analyzed suspicious samples. The Federal government prosecuted the bad guys. Enron manipulated electric prices in California. Utility bills skyrocketed. The Enron guys were recorded laughing about grabbing money from "Aunt Millie."

Then there's Wall Street's biggest floating crap game in the world. If Rand Paul was in charge, the beautifully self-correcting financial markets would boom and bust, and to hell with everyone. We would now be in Great Depression II while Paul cheerfully channeled Herbert Hoover's ghost.

Rand Paul, teabaggers, and libertarians can't imagine government in the public interest. The biggest issue of our time -- global warming -- lies entirely outside their realm. Paul proves that free markets can't solve the problem. Coal will be mined and burned as long as it is cheap. It's true cost is hidden. We need serious government policy. Hey, Kentucky. Keep your blithering idiots at home.


P.S. Rand Paul complains about money flowing from Kentucky to Washington. Ain't true. The spigot runs in the other direction. Kentucky receives about $1.50 for every dollar paid in Federal taxes. Poor states in general benefit more than do the wealthier states. Truth is ironic. States that have voted Republican do much better than the east and west coast states that elect Democrats. Time for the teabaggers to shut up and go home.

Tuesday, May 11, 2010

Sub Prime

My family took a late-morning, Mothers' Day bike ride with friends in a nearby gated community. Our route passed six golf holes that are part of their two private courses. We saw just two golfers out on a gloriously warm, calm Sunday morning. Only one person was hitting balls on the driving range. I was going to joke about the club members serious devotion to their mothers. Was everyone at brunch eating eggs Benedict and drinking mimosas? But, my friend spoke first: the club's golf finances are not sustainable. Some members advocate abandoning one course. Others, including him, want to admit the public.

I hid my indignation. He expected the public -- me -- to bail out the wealthy who had invested badly. The gated paradise is two golf courses, a swimming pool, exercise facilities, tennis courts, a couple of restaurants, and an equestrian barn. But, there aren't enough residents to pay for it all. Only 1000 houses of 2000 planned have been built. Many are vacant. Some are incomplete haunted houses behind sloppy chain link fence. Rutted driveways hold piles of dirt and sand. A local bank web page lists repos for sale. Six are in the gated community. "As is" prices range from $995,000 to 1,595,000. Who knows how many others are under water. The original development company is in receivership. We were on a bicycle tour of a grandiose real estate disaster. And, the aristocracy might just have to let peasants in to play golf. Schmucks like me will maintain the residents' luxury lifestyle.

Let's talk about the obvious. The rich-folk gated community is an amplified version of the poor bastard sub-prime borrowers. Both bought in to a dream that turned bad. The gated rich, however, deny the similarities. They blame the poor. The upper class perpetrated the big fraud and expected only gains. Losses were for little people. Now, suckers themselves, they are angry and indignant. Imagine the treatment given to the paying public should the golf courses be opened to the world. Our money will be welcomed, and that's it. We will be viewed like the tourists who, for a fee, get to tour stately European estates that remain owned and occupied by nearly broke heirs and heiresses. Every unreplaced divot and unrepaired ball mark will be blamed on the Outsiders. Members will whine about slow play.

I want to see the open golf course plan implemented for one reason: to learn how much the members will charge the public. It will be a great way to measure the rich folks' self image. Several nearby Indian tribes have casino and golf course combinations that include wonderful courses priced around $80. The gated guys will, likely, want to go higher. They think they have more to offer. They don't, except for being nearer to town. Golfers won't pay much extra to save fifteen minutes of time on the road.

More as the story develops.

Friday, May 7, 2010

Cogito Ergo Sum, My Ass

Atheists rejoice! The Pythons were right. Rene Descartes was a drunken fart. Trying prove the existence of god, Descartes came up with pathetic weak 2+2=22 nonsense. Start, he said, by trying to imagine the most perfect being. An existing perfect being is more perfect than a non-existing perfect being. Hence, god must exist. WTF? I see Descartes his perfect imaginings and raise a god who reveals himself to all humans, eliminates poverty, and stops war. My imagined god is more perfect than Descartes imagined god. But, mine most obviously does not exist on three of three uberperfections. Three strikes; yer out! Quare patet propositum. NOT!


The perfection-must-exist argument is the best pro-god reasoning that philosophy has produced, and it is flawed, irrational, and -- OK, say it -- just plain stupid.