POLITICAL: We don’t have “private industry”; we have witch’s brew of a mix

ORIGINAL POST

FJohn Reinke

“With the Gulf oil leak: the state was revealed, once again, as utterly incompetent at anything but taxing and making war, that is, stealing and murdering. It was funny to hear Progs urging Obama to seize personal control and fix everything. He doesn’t want the political responsibility, of course, but in any event, the… state employs no one with any such ability, and if it did, he would soon be useless, thanks to the environment of public property. All the state can do is grab other people’s money and use some of it to hire favored private contractors. Virtually all its millions of uncivil servants are good only at being busybodies, and armed ones at that.”

Sadly all too true!

>One Lesson of the Gulf « LewRockwell.com Blog http://www.lewrockwell.com
>With the Gulf oil leak: the state was revealed, once again, as utterly incompetent at anything but taxing and
>making war, that is, stealing and murdering. It was funny to hear Progs urging Obama to seize personal
>control and fix everything. …

RELOCATING A COMMENT

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I am offended!! Some of us are highly skilled workers (not me of course, but there are some) who are not only competent, but very, very smart (again clearly not me). Policy makers and political appointees are typically the poor performers because they have no subject matter expertise and if they do it is outdated since See Morethey probably haven’t had … See Morereal world, boots on the ground experience in a long time. This is a very clear failure on the part of private industry, which as a dedicated libertarian (unlike Rand Paul who was a poster child until he stepped on his you know what) is who you want running the world. BP wanted the lead and they dropped the ball- now everyone wants the gov’t to clean it up. Can’t have it both ways- either private industry is capable or they need oversight.

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>I am offended!!

GOOD! If we can get folks’ Irish up, maybe, just maybe, we can change the “barbara streisand”!

>Some of us are highly skilled workers

I think we have “workers” that highly skilled. Even for the Gooferment!

The workers, (even you), are NOT bad people.

It’s just that “the ladder is leaning against the wrong wall”. Like the drunk looking for lost keys under the street light as opposed to looking by the storied “dark by the front door where those keys were lost”. It’s that 100,000 foot plan that is wrong.

You can put the best workers on the job, but the problem is that the “job” is completely wrong!

Argh!

>Policy makers and political appointees are typically the poor
>performers because they have no subject matter expertise

I disagree. They get poor results because they are working but have started with a poor meme (i.e., gooferment force) and have poor paradigms (i.e., centralized command and control systems don’t have the price and market mechanisms to guide them in decisions).

Reference: http://mises.org/etexts/mises/bureaucracy/section2.asp

Bureaucracy by Ludwig von Mises (1944): Section 2 Bureaucracy

“Bureaucratic management is the method applied in the conduct of administrative affairs the result of which has no cash value on the market. Remember: we do not say that a successful handling of public affairs has no value, but that it has no price on the market, that its value cannot be realized in a market transaction and consequently cannot be expressed in terms of money.”

An entrepreneur has profit and loss to guide decision making. A bureaucrat doesn’t have that. So decisions are “political”; not profit seeking. The cost of capital, the business risks, and the size of reward are all available for the entrepreneur to guide, measure, revise, and quit.

>This is a very clear failure on the part of private industry

Unfortunately, the “private industry” had willing unindicted co-conspirators in: both political parties, Congress, States, various Administrations, and the main stream media. Campaign contributions, regulatory capture, and incompetent gooferment all loom large in this disaster. I read that the gooferment had a plan for a spill, but never bothered to buy the booms needed for the plans. SINCE 1968! ROFL!

We don’t have “private industry”. We have a gooferment – big company – big labor paradox.

>which as a dedicated libertarian

Will reject your assumption that we have “private industry”!

>(unlike Rand Paul who was a poster child until he
>stepped on his you know what)

I think he was attempting to make a very valid point. The reason we needed a “Civil Rights Act” at all was that governments were forcing segregation.

Take look into the famous Rosa Parks and bus story. You’ll find that there was no segregation on the buses run by greedy businessmen who wanted all fares regardless of color. The Legislatures voted in a law about “back of the bus”. And the bus owners lobbied AGAINST it. (ROFL, yes those evil capitalists!)

What he was trying to say was that the law should not have applied to private property. Gooferment property, access, and such is a fine target.

I think what everyone needs to understand that the marketplace is a real-time ongoing election. You vote with your dollars. If there’s a racist business, then they will be at a competitive disadvantage. There competitors will eat their lunch. So the marketplace will “fix” the problem.

>Can’t have it both ways- either private industry is capable
>or they need oversight.

But we don’t have that either or. We have a muddle. With payoffs and a wink’n’nod!

>

Don’t forget that the “limited liability corporation” is a creation of the Gooferment!

For other examples, look at the FDA / Big Pharma. Look at Big Education and all levels of gooferment, politicians, and bureaucracy.

>

Don’t poke sticks in the little L libertarian’s cage! It’s not productive, doesn’t change anything, and annoys the Libertarian.

:)

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GUNS: Old home owner 1, armed burgler 0

http://www.suntimes.com/news/metro/2320350,home-invasion-suspect-shot-052610.article

Man, 80, ‘did what he had to do,’ killing home invader
Intruder had a history of drug and weapons convictions, records show
May 26, 2010
By KIM JANSSEN Staff Reporter

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An 80-year-old Army veteran shot and killed an armed man who’d broken in to the two-flat where he and his wife live in East Garfield Park early this morning and fired at him.

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And, of course,t eh liberal press reports that the poor dead fellow was starting a new job next week.

Argh!

“God created man, Sam Colt made them equal.”

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INTERESTING: Benford’s Law

http://www.technologyreview.com/blog/arxiv/25155

The Physics arXiv Blog
Friday, May 07, 2010
Benford’s Law And A Theory of Everything

A new relationship between Benford’s Law and the statistics of fundamental physics may hint at a deeper theory of everything

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In 1938, the physicist Frank Benford made an extraordinary discovery about numbers. He found that in many lists of numbers drawn from real data, the leading digit is far more likely to be a 1 than a 9. In fact, the distribution of first digits follows a logarithmic law. So the first digit is likely to be 1 about 30 per cent of time while the number 9 appears only five per cent of the time.

That’s an unsettling and counterintuitive discovery. Why aren’t numbers evenly distributed in such lists? One answer is that if numbers have this type of distribution then it must be scale invariant. So switching a data set measured in inches to one measured in centimetres should not change the distribution. If that’s the case, then the only form such a distribution can take is logarithmic.

But while this is a powerful argument, it does nothing to explan the existence of the distribution in the first place.

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Haven’t heard about this since injineering skrool. (Thanks, Brother Barry Austin. Engineering Measurements 101. I’ll never forget the difference between “blunders” and “errors”. I’ve made a lot of both since.)

Still don’t know what to make of it.

Perhaps, it’s like “the Name of God” in the Indiana Jones sense. The Ark! The key to creation?

Still fascinating! After all these years.

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