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In response to:

The U.S. vs U.K. Wimpiness Contest

johnm h Wrote: Oct 23, 2014 7:18 AM
Small government appears more effective because the damage it can do is less, but all government suffers the same fate. Small government with fewer power is even less harmful. The Fed is small, full of really smart people, and it is competent but it is the most dangerous institution around. Government is a necessary evil, but most of it isn't necessary. They have no business running schools, health care, and almost all regulatory bureaucracies at the local, state and federal level could be eliminated or replaced with clear laws and standards established by the legislative branches not the same bureaucracy that enforces them.
In response to:

What Is “The Market” Anyway?

johnm h Wrote: Oct 23, 2014 7:08 AM
It would be nice to know when to get out wouldn't it? But then you have to pay taxes unless you're in a tax free account. If we'd eliminate capital gains taxes it would make it smoother, easier, less volatile, and we'd do better and the government less well. As it is any stock held for a few decades is mostly inflation gains which the government uses to confiscate our wealth. The system is rotten and it isn't Wall Streets fault.
Government is like any other human institution except that it: 1.Enjoys monopoly on the legal use of violence. 2.Is not accountable to the people it is supposed to serve. 3.Has no way to self correct and self reform. 4.Is not adaptive and organic but inertial and mechanical. 5.Has no way to replicate and spread the occasional successes. 6. With time will serve the interests of organized powerful groups. So through time, even the best government will become dysfunctional for all but the increasingly narrow interests that dominate it, and eventually it won't even serve their interests. Conservatives are too timid about telling the truth about government. It cannot do anything well and with time everything it does will be destructive. The things we think it did well, were done when some program was young, pulled in the best folks around for that particular thing who had not been part of government, but like NASA, with time the enthusiasm dies, the best leave, inertia sets in, followed by tilt toward interests, and rot then. dysfunction. Challenge; name one exception.
Read "Cold Sun" He makes a good case that we're headed into another mini ice age and it will be crushing. But whoever is right, if anyone which is most likely, we will have to adapt and the top down administrative state the left seeks as the solution will guarantee failure to adapt.
In response to:

It's War and Peace, Stupid

johnm h Wrote: Oct 22, 2014 1:49 PM
Yea, but Hitler showed those Jewish bankers a thing or two. I suppose you don't mean this as a parody?
Of course. We are evil and beyond redemption and they are moral virtuous and caring. We in contrast see them as mistaken and we want to change them. We're always trying to change liberals because they are so obviously wrong about everything, yet we are always frustrated because they don't or can't change. Our frustration makes some of us look and sound angry, confirming their view that we are evil.
On Drudge today there is a video clip of an interview with Thiel on the next presidency. He's dead right and it's worth watching.
In response to:

The Hunter Biden Chronicles

johnm h Wrote: Oct 22, 2014 9:17 AM
That's just the way it works, it happens because it can. My corollary to Gresham's law is that bad politicians and bureaucrats will drive out good ones because key positions are worth more to the corrupt than to do decent. This happens in business as well, once a company gets too big to compete with upstarts it invests in K street, and the process begins to replicate and grow. It can't be reformed, they can't be replaced with honest well meaning folks. It must be cut to the bone, stripped of power, reduced to dust. And we already have a constitution to tell us how to do it. Then we start on the States because they are just as rotten.
In response to:

The Hunter Biden Chronicles

johnm h Wrote: Oct 22, 2014 8:07 AM
This is how government operates, always has and always will. That is why we should not give the government anything to do that can be done by the private sector or by voluntary organizations or by local government. That is about 90% of what it is currently doing. This pertains to regulations as well as direct operations policy and tax writing.
In response to:

Paul Krugman's Late Obama Valentine

johnm h Wrote: Oct 22, 2014 7:49 AM
Of course Krugman is right. Obama is a transformational president. As we saw in the 30s and in 1917, just because you are evil it does not mean you are not transformational. Earthquakes, wars, epidemics are all transformational as well. Transformed toward what is not clear. Death of the Republic? Finally a reaction against fascism? We don't know.
In response to:

Ebola is an Economic Catastrophe

johnm h Wrote: Oct 22, 2014 7:15 AM
Of course to everything he says.
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