Monthly Archives: June 2016

The Israeli left is insane

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Does anyone have an explanation for this? It is one thing if you think there are votes in it so you make it part of your platform. It’s insane, but if you thought voters would like it, then you do it. But how does this make any kind of sense as a secret deal? This is the full story at the link: Secret Deal Exposed Between Israeli Opposition Leader Yitzhak Herzog and Abbas.

Link to original story

Isaac Herzog, opposition leader in the Knesset and head of the Zionist Union, held secret meetings with a representative of Palestinian Authority President Abbas last year that yielded a shocking agreement that would have turned the Middle East upside down.

A paper of understanding that was exposed Sunday night by Channel 10 News shows that MK Isaac Herzog, chairman of the Zionist Camp, who conducted extensive meetings with Palestinian Authority chairman Mahmoud Abbas before the March 2015 elections, agreed to hand over all of Judea, Samaria and eastern Jerusalem to a Palestinian State, and reached a deal on letting Arab refugees come back to live inside 1967 Israel. The negotiations with Abbas were conducted in secret between retired Brigadier General and former MK and Minister Ephraim Sneh and a senior PA official. It should be noted that during the weeks just before the March 17 elections, the polls showed the Zionist Camp edging out Prime Minister Netanyahu’s Likud party, and the plan back then was seen as the shape of things to come in the most realistic way.

On the issue of the borders between Israel and Palestine, Herzog agreed to giving up 100% of the post 1967 territories, with an allowance for a mere 4% of Israeli settlements staying put in exchange for comparable land in pre-1967 Israel to be handed to the Palestinians. Eastern Jerusalem was going to become the capital of Palestine, but the two halves of the city would share municipal responsibilities. Temple Mount would be turned over to an international monitoring force, but Israel would have retained its hold on the Western Wall.

The Arab refugees were going to be taken care of based on UN resolution 194, with some being allowed back into Israel and the rest receiving financial compensation for the lands they left behind.

Israel was going to maintain a symbolic presence in the Jordan Valley, including two armored bases, and terrorism would be handled by a combined force made up of Jordanians, Palestinians and Israelis.

In response to the revelation, MK Herzog’s office released a statement saying, “In my contacts with the Palestinian Authority Chairman in 2014 I made an effort to reach understandings that would have prevented the wave of terror which I predicted, just as I am working now to prevent a situation where the abandoning of a regional conference on the part of the extreme right-wing government won’t bring on us the next war. After the rounds of the almost annual wars and funerals of the past decade I am no longer prepared to listen to the mantra that says we can defeat every threat with only military force.”

The Western left is on a suicide mission and will take us all down with them if we let them. We are dealing with the insane. All of their dreams and beliefs have been shattered by reality and it seems to me they are looking for an Armageddon to end it all. And more bizarrely than anything, Herzog does not deny it:

In response to the revelation, MK Herzog’s office released a statement saying, “In my contacts with the Palestinian Authority Chairman in 2014 I made an effort to reach understandings that would have prevented the wave of terror which I predicted, just as I am working now to prevent a situation where the abandoning of a regional conference on the part of the extreme right-wing government won’t bring on us the next war. After the rounds of the almost annual wars and funerals of the past decade I am no longer prepared to listen to the mantra that says we can defeat every threat with only military force.”

These people are crazier than anyone I have ever come across in my life. He did it because this would get Obama to endorse the Israeli Labor Party at the election. He would thus have sold out his country for short-term political advantage. That Obama would be willing to sell Israel down the river is, of course, old news.

“Stay hungry stay foolish” – the profound wisdom of Steve Jobs

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Sent to me by my son. My own personal experience of what he says is getting my B.A./M.A. and then running off to live in a commune in Vancouver followed by a year and a half as a gardener in London. Absolute madness, but without it my life would have been a wreck. You must know what you want yourself if you are ever to have the ghost of a chance in getting your life to work. And as a footnote, I remember The Whole Earth Catalog really well.

Do you really believe you live in a free society?

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From Drudge today. First this:

LYNCH: Transcript Of Orlando 911 Calls Will Have References To ‘Islamic Terrorism’ Removed…
Heavily edited…

And then there’s this:

Gay Voters Say ‘Dangerous’ to Come Out for Trump…
Physical Violence…
FLASHBACK: Trump Defends Gays from Clintons in 2000…
APPLE won’t aid Republican convention…

There is no winding back Keynesian economics other than through Say’s Law

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I gave my presentation on “Classical Economic Theory and Supply Side Economics” on Friday and from my perspective it could not have gone better. And what made it work for me is that I heard things that have helped me clarify in my own mind what needs to be stated with the greater emphasis. There were a few things that came out, but let me deal with the most important which you will not be surprised to find is about how to explain the problem of Say’s Law and why it is important.

So let me state it again: Say’s Law means, quoting Keynes, that it is “impossible for effective demand to be deficient”. In spite of the existence of recessions and frequent periods of high unemployment, if you understand Say’s Law then you understand that the problem is never a deficiency of demand. It may look that way to you and to many producers. Businesses may feel grateful that government spending helps sell what might otherwise have sat on the shelves. It is why Keynesian economics has a plausibility that has allowed it to survive its constant failures for seventy years and counting.

Nevertheless, if you cannot state and explain why recessions are never caused by demand deficiency (a general glut as it was once known), you cannot in my view even begin to refute Keynesian theory. You can argue that the economy works in some other way and can go up hill and down dale with counter-explanations. But unless you can and do make the statement that “demand deficiency does not cause recessions”, then you can never overturn Keynesian economics because you have not engaged with the other side which says that recessions are caused by demand deficiency. As long as it is universally accepted that recessions are caused by a deficiency of demand – as long as we continue to teach that Y=C+I+G and that more G will lead to more Y – it will remain impossible to explain why a demand stimulus will only make matters worse. The only argument then is to point out each time a stimulus has been tried that it has failed. But unless you make it your aim to explain why that is, there is no winding Keynesian economics back.

The problem goes deeper. Public spending in almost all circumstances is seen as creating growth and jobs. The NBN is such a catastrophe yet is hardly ever given its due credit as a vast open drain on Australia’s wealth and our standard of living. From Henry Ergas today:

By the time it was booted out of office, NBN Co’s revenues were 91 per cent short of the 2011 corporate plan’s objective, while operating expenses, calculated net of payments to Telstra and Optus, were running at twice the levels the plan envisaged.

In terms of actually building the network, the number of premises to which fibre was effectively available was 89 per cent below the plan’s target. And as a wave of disputes with contractors ground deployment to a halt in four states, the NBN looked well on its way to being dead before arrival.

This is just seen as more G leading to more Y leading to more jobs. You cannot use any part of modern macro to explain just how harmful this is to the national economy. If it adds to demand, it is all to the good. So I say to you that unless you can explain why the NBN is a catastrophe in spite of all of the “demand” it creates – something neither Malcolm nor Bill are able to do – you are unable to understand how an economy actually works.

‘If you live in our country, abide by our values’

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I can barely believe this story is true: PRINCE Charles issued an extraordinary rallying cry today calling on Muslims living in the UK to show more respect for British values.

The heir to the throne railed against the radicalisation of young British men by Islamist extremists as he launched an impassioned defence of Britain’s “Christian” heritage.

Telling British muslims that they should show more respect for “the values we hold dear,” the Prince revealed that he was terrified by the influence of radical preachers who spread their teachings on the internet.

In an unprecedented outburst, he said: “The radicalisation of people in Britain is a great worry, and the extent to which this is happening is alarming, particularly in a country like ours where we hold values dear.

“You would think the people who have come here, or are born here, and go to school here, would abide by those values and outlooks.”

He added that it was “frightening” that young British Muslims were being radicalised by “crazy stuff on the internet”.

The outspoken comments are a further sign that the Prince is not prepared to keep quiet on political causes close to his heart, despite assuming more and more responsibility from the Queen.

They came as he started a six-day tour of the Middle East in his mother’s place, during which he has been urged to speak out against the barbaric practises of some Gulf states.

It is understood that the Prince will challenge new Saudi king Salman bin Abdulaziz al Saud over the terrible punishment handed down to blogger Raif Badawi when the pair meet face to face this week.

Interestingly, and bravely, he also seems to be calling on people living in other countries to show more respect for British values as well.

Have you changed your views on Tony yet, Janet?

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A few words about that editorial-page dill, Janet Albrechtsen. She had an article yesterday on Shut down the sheiks who incite violence by Muslims. She, you must recall, was one of those who harped on the need to rid ourselves of Tony Abbott and replace him with Malcolm. So this is what she wrote on the weekend:

Three fundamental failures rooted in politics, law and culture have led the West to a dangerous inflexion point in relation to the way we use words in the terrorism space. Politically, we fail to discuss the critical issue of the relationship between Islam and terrorism. Legally, we have laws that fail to prosecute those who incite murderous violence. Culturally, we have created a system of competitive victimhood, where people vie for victimhood status, become infantilised by a bevy of laws and concomitant social diktats about what can and cannot be said.

OK Janet, who’s going to undo these failures? Which political leaders, either here or in the US, will do what they can to reverse these trends? Who is more serious, Tony or Malcolm? I have to say that I am sick of the commentariat class who know what they want and can write it all down but have no clue whatsoever what it takes to actually achieve a political end. My irritation at reading her junk views on this and that knows almost no bounds.

The nightmare world they are helping to create

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You really do wonder how out of the picture our media and elites are if they are in any way surprised by this:

Gay and lesbian people should be put to death or otherwise punished under sharia, according to two imams who share leadership positions with Shady Alsuleiman, the controversial sheik invited to a Ramadan dinner at Kirribilli House by Malcolm Turnbull.

The Australian National Imams Council, of which Sheik ­Alsuleiman is president, has at least three executive members who believe the only punishment for homosexuality is the death penalty, according to Islamic law.

This is a 1400-year old legal code that is brought with imams wherever they go. There is no changing their minds or arguing another point of view. As for you, you either believe in freedom of religion – and that is their religion – and you believe in freedom of speech – and their right to say what they believe – or you don’t. It’s all very well to have these abstract principles but they don’t always work in concrete situations. They rightly take us for fools, but if you have some plan to stop their religion and their philosophy becoming dominant in the West over the next century, you had better put your plan into operation soon, because it is already nearly too late if it isn’t too late already.

It is the hatred of Christianity by our atheist left that is the largest part of our undoing. Half our society is blind, ignorant and insane. But at least it is mostly the younger half who will have to live most of their lives in the nightmare world they are helping to create.

Stating the obvious on Obama and ISIS

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obama islamic terrorism denial

And he’s not alone on his side of the aisle: Just 29% Of Democrats Say Orlando Was An Islamic Terror Attack. With that in mind, read Caroline Glick on Obama and the Moderate Muslims. Here are the questions she asks:

How can enforcing ignorance of a problem help you to solve it? How does refusing to call out the Islamic extremists that Islamic moderates like the Green revolutionaries and Sisi risk their lives to fight weaken them? How does empowering jihad apologists from CAIR and MPAC help moderate, anti-jihad American Muslims who currently have no voice in Obama’s White House?

We will add this, CIA Chief Contradicts Obama On ISIS Threat, Warns Of Intensified Terror Campaign, but the unmentionable point is made by these and a thousand other articles and tens of thousands of other acts.