In the year 2012, the Lord came unto Noah, Who was now living in the USA and said:
“Once again, the earth has become wicked and over-populated, and I see the end of all flesh before me.”
“Build another Ark and save 2 of every living thing along with a few good humans.”
He gave Noah the blueprints, saying:
“You have 6 months to build the Ark before I will start the unending rain for 40 days and 40 nights.”
Six months later, the Lord looked down and saw Noah weeping in his yard – but no Ark.
“Noah!,” He roared, “I’m about to start the rain! Where is the Ark?”
“Forgive me, Lord,” begged Noah, “but things have changed.”
“I needed a Building Permit.”
“I’ve been arguing with the Coast Guard about the need for a sprinkler system.”
“My neighbors claim that I’ve violated the Zoning Regulations by building the Ark in my back garden and exceeding the height limitations. We had to go to the Planning Committee for a decision.”
“Then the Town Council and the Power Company demanded a shed load of money for the future costs of moving power lines and other overhead obstructions, to clear the passage for the Ark’s move to the sea. I told them that the sea would be coming to us, but they would hear nothing of it.”
“Getting the wood was another problem. There’s a ban on cutting local trees in order to save the Spotted Owl.”
“I tried to convince the environmentalists that I needed the wood to save the owls – but no go!”
“When I started gathering the animals the SPCA took me to court. They insisted that I was confining wild animals against their will. They argued the accommodations were too restrictive, and it was cruel and inhumane to put so many animals in
a confined space.”
“Then the Environmental Protection Agency ruled that I couldn’t build the Ark until they’d conducted an environmental impact study on your proposed flood.”
“I’m still trying to resolve a complaint with the Civil Rights Commission on how many minorities I’m supposed to hire for my building crew.”
“The Immigration and Naturalization Department is checking the Visa status of most of the people who want to work.”
“The trades unions say I can’t use my sons. They insist I have to hire only Union workers with Ark-building experience.”
“To make matters worse, the IRS seized all my assets, claiming I’m trying to leave the country illegally with endangered species.”
“So, forgive me, Lord, but it would take at least 10 years for me to finish this Ark.”
“Suddenly the skies cleared, the sun began to shine, and a rainbow stretched across the sky.”
Noah looked up in wonder and asked, “You mean you’re not going to destroy the world?”
Daniel Greenfield has a superb rant on government, regulation, & bureaucracy.
The first and foremost purpose of government is to create government jobs. Going back to the early days of American history a time honored tradition of newly elected politicians was to obtain positions for their friends, their nephews and assorted cousins. In those more innocent times appointing someone an inspector of something was a cordial way of repaying a favor. But the problem with inspectors is that they inspect things.
There are only so many idiot cousins you can hire to stamp papers and frown at things until you have to create an entire new department and then a division and then an agency to give them something to do. And that leads to budget drains and an expansion of government authority that interferes with the lives of people who work for a living.
A few centuries later we live in a country where every place that has more than three people living within three miles of each other is overseen by a multitude of agencies with overlapping levels of authority beginning from the locals to the staties and all the way up to Washington D.C. where the swamps were paved over to construct massive buildings full of agencies all descended from the day someone’s idiot cousin got a sinecure, a government horse and an inkwell in a city that no one used to take seriously.
Many of us would gladly trade off those buildings and those bureaucrats in return for a few dozen idiot cousins drinking in Washington taverns on the public’s dime in a country with no income tax and no one pounding on your door every five minutes because you don’t feed your kids arugula, don’t recycle your trash and don’t care about the latest trendy cause already being written into the state religion. …
The left has rejected the industrialization of mechanical things, but it remains deeply in love with the mechanization of human beings, the mass production of impulses and the programming of their souls. It is constantly drawing up five year plans to achieve one social goal or another, and if the five year plans never succeed, then that just means that it’s time for an even more ambitious ten year plan to fight people who use too much water or don’t teach their children tolerance.
But the reasons why machines work is because people design them. Machines however cannot design machines. When the average functionary is as devoid of autonomy and innovative thinking as your Windows PC, then the society will begin crashing as it encounters errors not in its programming. Deploying masses of asses to tackle social problems while following a rigid script filled with inflexible assumptions is a surefire way to fail and use that as an excuse to throw more men at the job.
Failure is built into the system. Large armies of men following orders is a good way to grind down equally large armies. It’s not a way to run a country. Human industrialization creates bureaucratic hives which worsen everything they touch. It fills the country with functionaries following scripts that require them to confiscate our freedoms for our own good, a good that even in their limited definition they cannot achieve.
The very inflexibility of the idiot cousins guarantees their tenure. The more they fail, the more of them are needed. If we spent X amount of money to achieve Y without achieving it, then next time we must spend X+2. It’s the linear mechanical logic of the idiot who can only think in terms of tackling every problem with more resources until it finally cracks. If our last machine didn’t do it, then our massive EDUTRON 2000 which is twice as big and costs twice as much will surely educate all our children properly.
We have been throwing idiot cousins are the war on poverty, at discrimination and at overeating. And now we’re poorer, more bigoted and fatter than we used to be. Given another generation we’ll have trouble getting up out of bed at the homeless shelter long enough to carry out hate crimes. That’s not the official progressive party line which says that we are more tolerant than we used to be, even as they discover five new kinds of bigotry over the weekend. And as for poverty, it’s tempting to say that the only people who got rich fighting poverty were the idiot cousins, but even they are worse off in a country which is poorer than ever and which can only afford fattening food.
Like the Soviet Union, the progressive agenda never fails, it just succeeds so much that it moves on to fight new challenges, like racist babies, the imminent destruction of the planet and understanding how right wing talk show hosts brainwash people into hating all their programs. There are never defeats, only strategic retreats. Each setback is an opportunity to create a new agency full of idiot cousins with a 40 billion dollar budget in order to “invest in our future”.
The Economist finds “the land of the free” has become increasingly tied up by red-tape.
Americans love to laugh at ridiculous regulations. A Florida law requires vending-machine labels to urge the public to file a report if the label is not there. The Federal Railroad Administration insists that all trains must be painted with an “F†at the front, so you can tell which end is which. Bureaucratic busybodies in Bethesda, Maryland, have shut down children’s lemonade stands because the enterprising young moppets did not have trading licences. The list goes hilariously on.
But red tape in America is no laughing matter. The problem is not the rules that are self-evidently absurd. It is the ones that sound reasonable on their own but impose a huge burden collectively. America is meant to be the home of laissez-faire. Unlike Europeans, whose lives have long been circumscribed by meddling governments and diktats from Brussels, Americans are supposed to be free to choose, for better or for worse. Yet for some time America has been straying from this ideal.
The feature humor item you’ll be seeing everywhere this holiday season is about a drastic shortage of butter in Norway occurring just as the Christmas season is at hand.
The journalists are telling us that the scarcity is the result of recent high Norwegian butter consumption resulting from a fashionable low-carb, high-fat diet on top of reduced production caused by a shortage of hay due to an unusually rainy summer growing season.
Profiteers are reported trying to charge as much as 350 euros ($465) for a 500-gram (1.1 lb. or 1 lb and 1.6 oz) packet of butter.
Ho, ho! Isn’t it funny?
None of the features on this news item I have found, however, notes that no butter shortage exists elsewhere in Europe or in the United States. But the AFP story offers a clue:
Last Friday, customs officers stopped a Russian at the Norwegian-Swedish border and seized 90 kilos (198 pounds) of butter stashed in his car.
The butter shortage obviously is not result, in a modern world, of a local dairy feed shortage, or of local supplies being exhausted by unusual demand. With rising demand and consumers willing to pay higher prices, the supply would be being met by enterprising Russians trying to make a kroner, if government were not standing in the way.
It is obvious that some kind of Norwegian limits on butter importation, doubtless in place to protect Norwegian dairy farmers, prevents legal access to supplies from abroad.
Norway’s holiday problem isn’t really about diet fads or rainy summers. It’s about government doing what government likes to do: delivering favors to special interests at the expense of society as a whole.
lynnux notes that government regulation establishes the rules by which banks operate and even creates their opportunities for profits, but these vital economic realities come into being in the first place through the agency of politicians, people like Barney Frank, whose expertise (such as it is), and interests and concerns have no connection to economic realities or markets.
Politicians seem such busy-beavers today, “doing things†“for†us. Why such whirling dervishes, generating laws in bulk? In its broadest outlines, law is mostly static. Politicians seek to appear to the public to be men of action “doing something.†This leads them to make too many economic and personal choices that they are not supposed to be making “for†us at all, picking winners and losers. It is now to the point where, famously, they no longer even read the laws they promulgate upon the body politic. Their process is finger in the wind (test the zeitgeist for what buzz evokes positives), then claim to be acting in name of the democratic will of the people—who, like banks to regulators, can later be blamed, should anything go wrong. As a republic, not a direct democracy, our representatives are supposed to be doing the right thing, in their best judgment. We rely on their decency, wisdom, and intelligence and vision for the long term. They have no way of knowing anything about their constituency anyway, because to pollsters, people only express self-interest, not the public interest. The public interest can only be assessed at a remove, which is the representative’s job. Pollsters get whatever they fish for. Responders also like to echo conventional wisdom. Implementing conventional wisdom is not politicians’ job. …
Politicians wrapped in soundbites simply may not be qualified to make all the rules they seek to impose on us in their show of “caring†for us. This, I think, is what Richard Posner is getting at when he speaks of The Crisis of Capitalist Democracy. We need systems engineers today who really do understand the system. Politicians are mostly not this, but marketing specialists. They dissolve always into futile calls for infinitely ethical global governmental forces (themselves) to abolish investment uncertainty in a complicated utopian merger with perfect empirical risk analysis, forgetting that the past is no divining rod of the future (nor of truth. …
The law is being asked to make business judgments law simply should not be making at all. Law is static. Markets are not. The market will adjust to any fixed rule, changing the “new normal.†Positive feedback loops (“positive†does not imply good) can ensue, at many unexpected levels. The media’s celebrity focus on political figure summiteering, however, follows an old trope, of suggesting to the public that our pseudo-gods and deities, through law, can command markets. These heroes then arrogantly begin to believe their press releases and to act accordingly.
Lawyers often go to law school precisely because they don’t like math or statistics. The type can quite easily ignore economic reality as they proceed to plug old forms and numbers into new contexts.
Libertarian (sounds like the modern California version to me) Jason Brennan is in a position make his liberals allies uncomfortable, when he connects the dots between liberal statist policy prescriptions and the kind of crony capitalism in which fat cat banks and corporations get to use the state as their servant and ally to build deeper regulatory moats and higher walls against competitors.
Dear members of the moderate left,
America is suffering from rampant, run-away corporatism and crony capitalism. We are increasingly a plutocracy in which government serves the interests of elite financiers and CEOs at the expense of everyone else.
You know this and you complain loudly about it. But the problem is your fault. You caused this state of affairs. Stop it.
Unlike we libertarianish people, you people actually hold and have been holding significant political power in the US over the past 50 years. What have you done with this power? You’ve greased the corporatist machine every chance you’ve gotten. You’ve made things worse, not better. Our current problems are your fault. You need to stop.
We told you this would happen, but you wouldn’t listen. You complain, rightly, that regulatory agencies are controlled by the very corporations they are supposed to constrain. Well, yeah, we told you that would happen. When you create power—and you people love to create power—the unscrupulous seek to capture that power for their personal benefit. Time and time again, they succeed. We told you that would happen, and we gave you an accurate account of how it would happen.
You complain, perhaps rightly, that corporations are just too big. Well, yeah, we told you that would happen. When you create complicated tax codes, complicated regulatory regimes, and complicated licensing rules, these regulations naturally select for larger and larger corporations. We told you that would happen. Of course, these increasingly large corporations then capture these rules, codes, and regulations to disadvantage their competitors and exploit the rest of us. We told you that would happen.
It’s not rocket science. It’s public choice economics. You recognized, rightly, that public choice economics was a threat to your ideology. So, you didn’t listen, because you didn’t want to be wrong. Public choice predicted that the government programs you created with the goal of fixing problems would often instead exacerbate those problems. Well, the evidence is in. You were wrong and public choice theory was right. If you have any decency, it is time to admit you were wrong and change. Stop making things worse.
You spent the past fifty years empowering corporations and the most unscrupulous of the rich. You created rampant moral hazard in the financial sector. You created the system that socializes risks but privatizes profit. You created the system that creates a revolving door between Obama’s staff and Goldman Sachs. There’s a reason why Wall Street throws money at Obama. It’s because you, the moderate left, are Wall Street’s biggest supporters. Oh, I know you complain about Wall Street. But your actions speak louder than your words.
The Telegraph has a news item proving that the unelected elite bureaucracy does as excellent a job at supervising food standards as it does managing the European financial system.
Brussels bureaucrats were ridiculed yesterday after banning drink manufacturers from claiming that water can prevent dehydration.
EU officials concluded that, following a three-year investigation, there was no evidence to prove the previously undisputed fact.
Producers of bottled water are now forbidden by law from making the claim and will face a two-year jail sentence if they defy the edict, which comes into force in the UK next month.
Last night, critics claimed the EU was at odds with both science and common sense. Conservative MEP Roger Helmer said: “This is stupidity writ large.
“The euro is burning, the EU is falling apart and yet here they are: highly-paid, highly-pensioned officials worrying about the obvious qualities of water and trying to deny us the right to say what is patently true.
“If ever there were an episode which demonstrates the folly of the great European project then this is it.â€
The left is protesting Wall Street while Barack Obama continues to whip up popular resentment of the US financial industry, but the massive regulation of that industry effectuated by Sarbanes-Oxley and Dodd-Frank are already making sure that liberals are not going to have the world center of finance capitalism based conveniently in Lower Manhattan when they feel like kicking it around some more.
As the Wall Street Journal reported yesterday, Wall Street is in serious decline. Jobs are evaporating.
New York City’s securities industry could lose nearly 10,000 jobs by the end of 2012, New York state’s comptroller predicted, a painful blow to the area’s economy and government budgets.
New York City’s securities industry could lose nearly 10,000 jobs by the end of 2012, New York state’s comptroller predicted, a painful blow to the area’s economy and government budgets, Aaron Lucchetti reports on Markets Hub. Banks in the New York area are also poised to shed jobs. Photo: AP.
In a report set to be released Tuesday, Comptroller Thomas P. DiNapoli also said bonuses are likely to shrink this year, reflecting lower profits on Wall Street.
Since January 2008, the securities industry in New York has seen 22,000 jobs evaporate. If Mr. DiNapoli’s prediction of 10,000 more jobs losses between August 2011 and year-end 2012 comes true, that would represent a decline of 17%. About 4,100 jobs have been eliminated since April, and deeper cuts are widely seen as inevitable given a recent flurry of corporate expense-trimming announcements.
There is a 1:1 relationship between recent federal regulations and Wall Street’s decline. Disgruntled lesbian rockers who think that capitalism has not been properly compensating them will soon have to go demonstrate in London and Abu Dhabi.
