Monday, July 28, 2003
Tuesday, July 22, 2003
Monday, July 21, 2003
I wonder how Max manages to puke up so much and still manage to grow?
Whoops! That's enough deep thinking for now, my darlings are starting to stir. For fun, check out Dave Barry's ruminations on life with a three year old and see what I have to look forward to.
Friday, July 18, 2003
More recently (in 1946), Henry Hazlitt wrote Economics in One Lesson, which stated,
economics consists of looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequence of that policy not merely for one group but for all groups.
This 'one lesson' is explored in this book by clearly laying out all the hidden consequences of the most popular ways governments like to muck about in the economy. Most people that have a passing interest in economics will be at least somewhat familiar with the arguments he makes, which are very good.
But if the neocon crowd is in agreement with the lesson, and many are familiar with it, why has there been so little discussion about how it applies to the most significant intrusion of government into the economy: the actions of the US Federal Reserve? Maybe there is a downside to eliminating the barriers that deny credit to some consumers and companies? Could there be hidden dangers to the artificially low interest rates being used to 'stimulate' the economy? Bastiat and Hazlitt would say, "you betcha!".
Jim Puplava writes about these issues better than anyone else on the web. His latest piece pulls no punches and declares, "the worst is yet to come". He feels the firehose of money the Fed has blasted into the economy is not being used for business investment, but instead is blowing more asset bubbles (much like the popped Nasdaq bubble). Each of these bubbles cannot exist indefinitely and must collapse, causing a great deal of economic damage.
Reading the above you might think I'm some nutty crank, or one of those sad souls that looks for bad economic news to prove the futility of capitalism. I'll admit to being a crank, but I'm working to defend capitalism, not deride it. Greenspan's experiments in creating universal prosperity will give ammunition to opponents of market forces, just as the failure of California's energy deregulation plan (in reality a re-regulation plan) did. It's important to understand that a free credit market did not cause the problems we will be seeing, it was the US (and other) government's attempts to use it for their purposes.
Thursday, July 17, 2003
Wednesday, July 16, 2003
Here's a list of lies the left told about Iraq. Mind you, this is just the top ten. You could probably write a book.
Tuesday, July 15, 2003
Michelle's out with the kiddies on an extended walk and I'm blasting the London Funk Allstars on the stereo. Life is good.
Five months. I'd say it flew by, but I'd be lying. It seems like it was another geologic age when we brought these two home. I was much younger, full of vitality and with knees that didn't creak when I walk up the stairs. I could read books instead of blogs, indulge in long computer game sessions, and even travel. That's all gone now and I wouldn't have it any other way.
Friday, July 11, 2003
Madelaine Drohan's column today demonstrates better than anything I have read lately why the critics of President Bush cannot be treated seriously and in fact only increase his stature. Ms Drohan apparently feels that because Uganda is not as democratically advanced as Norway and suffers corruption, Bush must use his visit there to publicly denounce the country's present leadership. Of course he will not, and that will allow his detractors to (of whom Ms Drohan is certainly a proud member) to shift the blame for the failings of Uganda's government to him.
This is what I call the 'It's America's Fault' principle pushed to its extreme. The basic version of this principle is something most left-wing editorial writers are familiar with: America acts - they're to blame, America doesn't act - they're to blame, America condemns - they're threatening to the international order. Simple and effective. But now, according to Ms Drohan, just failing to condemn fairly mild problems (for Africa) allows responsibility to stick to those she wants to stick it to.
Unfortunately for her, most people who are paying attention and who are not blinded by their hatred of the American leadership are no longer impressed by this game. By using such clumsy and tenuous 'outrages' such as this to continue their vendetta against George Bush, they have diluted any useful criticism in a sea of nonsense. No one is paying attention anymore and the President looks that much more attractive to the American voter.
Does anyone care what I think? Huh? Anyone?
Thursday, July 10, 2003
Wednesday, July 09, 2003
Smiling. They can be quite jolly little creatures when the mood strikes them. Max Max gives a big smile when you talk to him and poke him in the belly. Talia lights up when she bathes in attention and lets out the most wonderful laughs.
Eating. They've started pablum now. First they were a little hesitant, but now they put it away eagerly. It is quite fun to watch Talia eat; her eyes are wide open and she sucks at the spoon with incredible determination.
Crying They've made real progress in this area. Not only can they cry louder that before, they have found more reasons to cry. Loud noises, too long in the same place, an inadvertant smack from their sibling - any of these can set them off.
Enough for now. More pictures to be released soon.
IMAO is a pretty funny page. Best is the "In My World" segments, featuring G. W. Bush and his "pals 'n' gals". This week's special guests: Dirty Harry and Ah-nuld.
When governments release statistics the financial news industry reacts much the same way. Here's the numbers, here's a couple of 'experts' to tell you what they mean, and now over to you Maria...
Ever think the government might not be giving you the whole truth? Here's a good article that might help you look at the US government's numbers a little more skeptically.
Tuesday, July 08, 2003
July 9th is the anniversary of a 1999 Iranian student uprising that was violently supressed by the regime there. The blogosphere (of which I am an insignificant part) has chosen this day to send a message of solidarity to the Iranian people and to get people to think about what is happening there. Buzzmachine is a good blog to get a overview of what is happening. A couple of fascinating personal stories can be found at Blue Bird Escape and Iranian Girl. Hoder is also a good (and Canadian) site.
Spend a couple of moments today to appreciate the freedoms we take for granted. Hopefully the Mullahs' days in Iran are numbered.
Monday, July 07, 2003
Not enough food, I reasoned. I boiled some water to make the pablum they've recently started eating. This will quiet them down, I thought. Have you ever noticed how long it it takes for pablum to cool down when babies need it the most? It takes a LONG time - at least a week. In this week I suffered extreme wailing in stereo. To distract them I put them in their high chairs, rolled them around, and staged an impromptu demolition derby. Even this did not cheer them up.
Okay, let's give them the goop. Talia first as she was screaming the loudest. Tabernac! Too hot! Even more crying! Back into the fridge with this stuff.
Another week (wail, scream cry). Let's try it again. Should be the right temperature now. It was - but Talia didn't want anything to do with it. Her face was red, her eyes were teary, pablum was in her mouth and leaking down her chin, and she was SCREAMING! Max didn't want any either. What the heck was going on?
Okay. I put Max in the harness carrier, picked up Talia and headed outside. Two screaming babies were taken into the sunlight - and were transformed into sweet happy children. They wanted to go out. D'oh.
I walked them around - Talia making little 'sniff' and 'sniff sniff' sounds - and they were happy. Just then Mama came home and saw what a good job I did looking after them.
Talia is now turning over from her back to her belly with ease now. She lifts her feet, arches her back, falls over to her side in an 'L' shape, straightens out, and flops over. Then she lifts her head up and looks at you. She has much better control of her body than Max, who still has difficulties lifting his head of the floor when he is lying on his belly. But he is better with his hands, grabbing things easily and turning them around, examining them.
Both kids smile easily now, and laugh when you make strange noises and....
It's funny how fast things can change when you have two small babies. I was typing the above sitting outside, drinking an iced tea, while the babies sat in the new jogging stroller. Mama was out shopping. It was nice. Then Talia started fussing a bit, so I took her on my knee and typed a few more words. Then I heard Max complete a HUGE project in he basement. Not a big deal normally, but this time I could see that gold goo leaking out onto the stroller. I thought I'd better deal with this.
I ran Talia in, turned the TV on and dumped her in front of it. Max was rushed into the operating room and I performed an emergency diaperectomy. Meanwhile, Talia was wailing away - and no wonder. She was being subjected to modern dance on Bravo. Mandatory Canadian content - yech.
Okay, I have other things to do now. News update will be completed at a more convenient time.