AGW as Mass Delusion

Heh. Couldn't have put this better meself. There are two mass delusion abroad IMHO: AGW being one (natch) and the notion that financial Ponzi schemes will not cause pain, the other. Sigh. As Dylan sings (Things have Changed):

People are crazy and times are strange
I'm locked in tight, I'm out of range
I used to care, but things have changed

More books

Thanks to the wunners of globbelisation, I have three hot new books to devour. That's right: ordered 11 June on Amazon, delivered 25 June to my very doorstep.

Brave New War - John Robb. John's website (Global Guerillas) is compulsory reading for those who are trying to make sense of the increasing disorder that seems to surround us. I long ago read (in Rees-Mogg and Davidson's 'The Great Reckoning') that the mediaeval city-state would re-appear in our futures, as the best configuration within which to conduct business, defend oneself and generally get on with life. JR's latest book will be about Resilient Communities, which doesn't sound a long ways away from those city-states....

Reinventing Collapse - Dmitry Orlov. Another riff about the immediate future of the US of A. Still, as Britain has found, it's a long and quite comfortable drift downwards. I keep an eye on the Housing debacle there (Doctor Housing Bubble and others) and it's quite apparent that in terms of the five stages of Grief (Denial, Anger, Bargaining, Grief, Acceptance), they're veering between Denial and Anger right now. Still plenty of time on the hour-glass...

In Praise of Prejudice - Theodore Dalrymple/Anthony Daniels. I just like this guy's world-view and his spare, elegant but powerful way of writing. Oh, blimey, I'm gushing already and I've only looked at the cover. It joins another TD/AD book on the shelf, so it was a safe choice. Call me a convert.

Tribalism and Treaty

Bruce Sheppard, the quinessential provocateur, has wondered publicly about the relevance of Te Tiriti in 2008. I've added a little comment, but Bruce has touched on the edge of an issue that's interested me for quite some time.

Is the political support currently behind the re-tribalisation of Maori, a Good Thang?

If you look at Ngai Tahu, who want to be capitalists, why yes. Probably.

If you look at Tuhoe Nation, who want to ride their horses back into a Glorious Misty-Mountain Past and get a little cash from training camps on the side, why no. Probably.

What do finer minds than mine say?

There's the Latin American notion of "let us have our Middle Ages in peace" (from The General and his Labyrinth - Marquez). This simply draws a comparison with the long, bloody and traumatic transformations in our English Middle Ages:
- the Reformation (c 1520),
- the dissolution of the monasteries (c 1538),
- the re-Catholicisation of Bloody Mary (c 1553),
- the Shakespearian age of Elizabeth I (c1599) (Shakespeare, a secret Catholic, hankered after the old days: 'bare ruined choirs where late the sweet birds sang', referred to the monasteries),
- the chaos of the Cavaliers vs Roundheads in the English Civil War (c 1642)
- the Glorious Revolution (1688) which finally settled the principle of Parliamentary control

This 200-year saga, in retrospect, was needed to make the decisive break from a 'world lit only by fire', innocent of the germ theory of disease, and in thrall to a corrupt but totalitarian Catholic Church, to the Age of Reason.

Why, in this reading, should Maori and their (and it was ours, too) default setting of small, non-urban tribes, need any shorter time? Because one of the lessons of history is that humans need to be severely jolted to move even one millimetre away from 'traditional ways', however they are defined.

The contrary view: that tribalism is a pernicious cul-de-sac, would have it that, as the Greeks figured out early on, an essential feature of society is the deliberate lack of political power able to be held by groupings such as clans, tribes, mafias, and other self-defining sub-sets. A good read here is Roger Sandall (Culture Cult): the quote which got my attention is

"The dynastic feuding of ‘tyrants’ had brought Athens to the point of ruin. It had to be stopped. Cleisthenes’ solution was to firmly suppress a citizen’s political identification with family and neighborhood, with mafia bosses and clan chiefs. He sliced the country into 150 electoral districts called ‘demes’, and it was from these—and no longer from clans and families—that the citizens of Athenian democracy were obliged in future to take their second names. This applied to the haughtiest aristocrat and the humblest plowman alike.

... a number of historical parallels between the ancient and modern worlds and the continuing clash of East and West. But nothing is more revealing than the determination of Cleisthenes to stamp out despots and despotism by severing the connection between clan power and political representation. This was in 507 BC. Today, 2,500 years later, throughout most of the Middle East and conspicuously so in Iraq, they still haven’t got the point."

And neither, in this view, have the neo-tribalists.

Which brings us back to the muddled present. It is quite clear that Maori lore and tradition (the bits that would widely be classed as Baby, not Bathwater, at any rate) is quite inadequate to assist in most of the physical features of our modern life. Maori were non -urbanised, and this fact alone means that there is nothing that Tradition can say about the daily lives of 95% of us.

OTOH, the mental or spritual aspects of our modern life are, shall we say, somewhat arid. Part of the collateral damage of the Age of Reason was that the notion of Gods or other spiritual manifestations was comprehensively demolished.

Yet the human mind seems to have evolved to require something larger than itself to look up to. Gaia doesn't quite fit the bill, the Christian God is fairly much dead if not buried, Mohammed is a violent, woman-fearing hick - Deliverance in the Desert, so to speak - and Buddha has been killed by someone he met on the road.

So perhaps this spiritual void is a place to start from.

But not as tribes, as individuals.

Tibet - the ultimate theme park

Spengler has, as always, a pithy comment - turn the whole show into a Theme Park.

The money quote (soon, to be tariff-free, even, thanks to the FTA):

“The monks do not practice a religion so much as a sort of folkloric animism that is out of place in the modern world. That is what makes them appear so charming to the spiritual tourists of the West. Attractions of this sort aren’t rational, and there is no point arguing about it. Give the tourists and the monks what they want, and promote the exchange of currency for a spiritual frisson.”

Having spent a glorious six days sloshing around Venice (motto: 'Nothing preserves like neglect!") , I can quite appreciate Spengler's POV. Monuments to faded glory do appeal to the Western fin-di-siecle zeitgeist, and fit the Japanese notion of shibui.

And Venice (not so true off-season, so guess when we went...) certainly has the cash-for-contemplation gig sussed.

So, there's a Template fer the Temples of Tibet.

But, ain't it simply delicious, to have Keith Locke, of all people, trumpeting the Rights of Tibet to Self-Determination. Keef has been known to cheer for the Other side, too. Oh well, age does funny stuff to memory. And logic.

Earth Hour = Soft fascism

Couldn't agree more with This (ht Tim Blair). While I'm wholly in favour of reducing consumption (and am well ahead of the curve, in that I have LED lights drawing 1-3 watts each as downlight replacements), I abhor the collectivist pressure inherent in EH.

And there's a less-well-publicised aspect to dimly lit precincts and premises that you won't hear about anytime soon from the promoters: they are, quite simply, crime magnets.

Earth Hour = A'robbin' we will go!

Bearing up

Great thread here, where the comments throw up all the usual suspects. And the lead paragraph is just it: what Were they thinking? Scapegoat time, methinks....

My own take on things is that of a Bear of Very Little Brain:

Sadly for conspiracy theorists, the US debacle is much simpler, much more widespread, and much more worrying. There are four underlying causes:

1 - the US has for many years spent rather more than it has earned, hence a continuing and chronic deficit which must be funded with Other Peoples Money.
2 - the Greenspan years encouraged cheap credit, with a built-in 'buy now, pay later' incentive, which has become entrenched in consumers' minds, especially as they figured out that there was an ATM bolted to their house value, and kept going and punching its buttons. And cheap credit = price bubbles.
3 - financial institutions have re-discovered leverage (but in a new way, because it's Different this time), and have used it to unprecedented heights (or widths, or depths, pick your metaphor). Bear's book assets supported a 32x multiple of business...and the variety of option and Adjustable Rate mortgage products was all too tempting.
4 - accounting leniency (especially the Qualifying Special Purpose Entities - QSPE's) allowed most or all of this financial wizardry to exist outside conventional balance sheets, reporting requirements and other regulatory safeguards. The mess was out of sight, out of mind.

So this Ponzi (meaning, dependent on new suckers coming in and paying cash) edifice is what's coming apart before our eyes. There are a lot of 'unknown unknowns':

- because of the opacity of the QSPE's, and of how to value the cross-linking chains of financial instruments, no-one has any real grasp of where the financial bodies are buried, or how many there are. And most everyone has a cellar. Thus when another cellar is excavated and another crop of recently deceased is uncovered, the vital element of mutual trust is further eroded. 'Who's next?' is the whisper.

- the Fed is out of ammo: it's treating this whole thing as a liquidity issue, and pumping in money. That merely fuels inflation, while leaving untouched the real issue: solvency. The off-balance-sheet junk is coming back On.

- real assets such as houses, which have become well overpriced in traditional household-income-to-phouse-price multiples, are returning to the safe zone of 2.5-3.5. Rather suddenly.

- there is a flight to 'safe' havens such as Treasuries and commodities. Unfortunately, as money floods in to commodities such as wheat, gold and oil, which are all highly supply-inelastic, the old rule of supply and demand kicks in and prices rise. And as oil and wheat etc are our grocery bills in raw form, guess what's happening to them...

If you can recognise li'l ol' NZ in some of these conditions (the chronic deficit BH rightly fingers above) then, yes, we should be worried, too. But we are a commodities maker (food, gold and to some extent oil and gas) so may be well placed to take advantage. And we have some of the best accounting reporting in the world (yes, don't laugh). So we can probably say that our cellars are relatively safe. Maybe a mummified rat or hedgehog. Nothing real bad. Pity 'bout those houses, but.

There has to be a marketing slogan in here, surely?

"NZ - Home of the Lowest Level 3 Asset ratio in the World!"

Really Bad Rhymes

I seem to have been infected by a Rhyming Bug, and to exorcise it, have commented all over a bunch of otherwise blameless victims.

To hell with posterity, here they are, each with their context:


Cullen and tax cuts:

There was an old teacher named Michael
who chortled at down trending cycle
They'll have to vote we back
Instead of that Key hack
Let's nationalise Fisher and Paykel!

Damn Furreners and their money:

A Fly on the wall of Floor 9
Eavesdropped on the Grand New Design
"To hell with the voters -
those ungrateful floaters -
we’ll foobar it all then resign!"

Politicos in general:

A caution for pollies who thirst
for power, and getting in first
for what you intend
may turn out in the end
to obliterate you in one burst

The poor old OBEGAL - Clementine occurred to me almost immediately and I just had to update it:


To the tune of ‘Clementine’. Y’all enjoy, now.

1. In an office, at the Treas’ry
hoping not to hit the wall
Lived a muller, Mickey Culler
and his offspring OBEGAL

(Refrain)
Oh my darling, oh my darling,
Oh my darling OBEGAL
You are lost and gone forever,
Dreadful sorry, OBEGAL.

2. Light she was, her numbers leery,
And ninth floor did twist them all,
Ten wine boxes without topses,
scandals were for OBEGAL

3. Drove her voters ‘cross the water
As her taxes made them gall,
Hit her lowest polling ever,
Fell into internal brawl.

4. Roug’ed lips above the water,
Blowing bubbles through her shawl,
But alas, Mike was no swimmer,
Neither was my OBEGAL

5. In a graveyard near the Treas’ry,
Where the ngaios often fall,
There grow rosies and some posies,
Fertilized by OBEGAL

6. Listen fellers, heed the warning
Of this tragic load of bawl,
Lower taxes, better praxis
Could have saved my OBEGAL

But, y'all be pleased to hear, I'm better now.

If daisies are your favourite flower

The dear sainted Archbishop of Canterbury does seem to have gottem his fluffy self into a spot of bother with his all-too-public musings on sharia law and its applicability to England. Having been to High Wycombe for a radio station client, I had actually rather thought it (sharia) was there in all but name, but no matter.

Anyhoo, this little gem of an extended Burma Shave sign did flash past a couple of days ago. Burma Shave is one of my very fave Tom Waits tracks, a Desert Island Disc, in fact, and the original Burma Shave signs were pure poetry and humour.

It does occur to me that one of BS's original verses can probably be updated for the Bish:

If daisies are
your favourite flower
just keep suggesting
burqa power

Weather cooling?

I follow Anthony Watts, and he's come across this, from the wonderfully named Joe Bastardi. JB sees a re-run of the early-50's pattern of a La Nina which stopped the global warming (which had peaked in the '30's) in its tracks.

Yup, we need to be more worried about cooling than warming. As someone who actually farms for a living notes, one nights cooling can kill your crop. One night's warming never can.

And as NOAA has just noted, this January of 2008 has been 0.35 F cooler than the 20th century average.

Hmm. Add a quiet sun (check the sunspot count and then go figure the Chilling Stars theory) - quiet sun, cool Earth.

Oh, and coolist or warmist, don't forget to Be afraid, be very afraid. After all, a State of Fear is the default setting for the zeitgeist, no?

By the Shadow of our Hand

A chilling but essential read for all who harbour Pollyanna thoughts about the Long War. Belmont Club has always turned out excellent analysis, and the comments thread is simply breathtaking. Especially Zenster. Plus there's a link to dear Steven Den Beste, on Triage.

Compare this thread with the pathetic namecalling on, say, DPF's comments threads. Pick almost any one. Sigh.

Some GDP perspective

I've always been a sucker for maps, and this one (ht: Gods of Copybook Headings) is a bewdy. Yup, we're about the size of the US of A's District of Columbia. Oz, OTOH, is Ohio.

Columbia to Ahmadinejad - you exhibit all the signs of a petty and cruel dictator.

At last, a univeristy type with a backbone. This is Columbia President Lee C. Bollinger's address to the hapless Iranian. Mr President, I'll second that.

The West - address by Keith Windschuttle

In li'l ol' NZ, no less, A thoughtful piece, and as usual, backed up by historical research. With my having just finished Simon Schama's 'Citizens', a history of the French Revolution, the spectacle of masses being incited to acts of violence, has more than the usual revulsion factor. Never did like crowds, now there's another angle to that.

KW's closing paras:

"Today, we live in an age of barbarism and decadence. There are barbarians outside the walls who want to destroy us and there is a decadent culture within. We are only getting what we deserve. The relentless critique of the West which has engaged our academic left and cultural elite since the 1960s has emboldened our adversaries and at the same time sapped our will to resist. The consequences of this adversary culture are all around us. The way to oppose it, however, is less clear. The survival of the Western principals of free inquiry and free expression now depend entirely on whether we have the intelligence to understand their true value and the will to face down their enemies."

Schama and Windschuttle are two great writers, and their respect for the lessons of history (as records of the meanderings of human nature, which does not change) is one that is all too rarely shared.

Dem 'Toons

Lots of heat and little light in our own benighted and multi-culti-infested media warrens.

Antidotes hereby prescribed:

Belmont Club has a good set of posts on strategies, and notes that the orchestrated 'toons controversy is likely to derail radical Islam's designs on Europe by engaging it on two fronts simultaneously: not something the lead-from-some-cave-somewhere kriegmeisters had probably figured on.

Mark Steyn has a deliciously sardonic article on the topic: read it and laugh.

And just watch the hapless creatures over at FrogBlog, caught in a quagmire of cultural quailing, uneasy defence of a Press they would love to regulate, disdainful dismissals of religions as relics of irrationality, and general thrashing about while slowly sinking. Friends close, but enemies closer, that's the deal.