May 23, 2011

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Mark Steyn is concerned about the type of people who manage the world’s economy.

… A man is innocent until proven guilty, and it will be for a New York court to determine what happened in M Strauss-Kahn’s suite at the Sofitel. It may well be that’s he the hapless victim of a black Muslim widowed penniless refugee maid – although, if that’s the defense my lawyer were proposing to put before a Manhattan jury, I’d be inclined to suggest he’s the one who needs to plead insanity. Whatever the head of the IMF did or didn’t do, the reaction of the French elites is most instructive. “We and the Americans do not belong to the same civilization,” sniffed Jean Daniel, editor of Le Nouvel Observateur, insisting that the police should have known that Strauss-Kahn was “not like other men” and wondering why “this chambermaid was regarded as worthy and beyond any suspicion.” Bernard-Henri Lévy, the open-shirted, hairy-chested Gallic intellectual who talked Sarkozy into talking Obama into launching the Libyan war, is furious at the lèse-majesté of this impertinent serving girl and the jackanapes of America’s “absurd” justice system, not to mention this ghastly “American judge who, by delivering him to the crowd of photo hounds, pretended to take him for a subject of justice like any other.”

Well, OK. Why shouldn’t DSK (as he’s known in France) be treated as “a subject of justice like any other”? Because, says BHL (as he’s known in France), of everything that Strauss-Kahn has done at the IMF to help the world “avoid the worst.” In particular, he has made the IMF “more favorable to proletarian nations and, among the latter, to the most fragile and vulnerable.” What is one fragile and vulnerable West African maid when weighed in the scales of history against entire fragile and vulnerable proletarian nations? Yes, he Kahn!

Before you scoff at Euro-lefties willing to argue for 21st century droit de seigneur, recall the grisly eulogies for the late Edward Kennedy. “At the end of the day,” said Sen. Evan Bayh, “he cared most about the things that matter to ordinary people.” The standard line of his obituarists was that this was Ted’s penance for Chappaquiddick and Mary Jo Kopechne – or, as the Aussie columnist Tim Blair put it, “She died so that the Food Allergen Labeling and Consumer Protection Act might live.” Great men who are prone to Big Government invariably have Big Appetites, and you comely serving wenches who catch the benign sovereign’s eye or anything else he’s shooting your way should keep in mind the Big Picture. Yes, Ted Ken!

Nor are such dispensations confined to Great Men’s trousers. Timothy Geithner failed to pay the taxes he owed the United States Treasury but that’s no reason not to make him head of the United States Treasury. His official explanation for this lapse was that, unlike losers like you, he was unable to follow the simple yes/no prompts of Turbo Tax: In that sense, unlike the Frenchman and the maid, Geithner’s defense is that she wasn’t asking for it – or, if she was, he couldn’t understand the question. Nevertheless, just as only Dominique could save the European economy, so only Timmy could save the U.S. economy. Yes, they Kahn!

How’s that working out? In the U.S., Geithner is currently running around bleating that we need to raise the $14 trillion debt ceiling another couple of trillion. On the Continent, the IMF, an institution most Westerners vaguely assume is there as a last resort for Third World basket cases, is intimately involved in the ever more frantic efforts to save the Euro from collapse. Good thing we had these two indispensable men on the case, or who knows how bad things would be. …

 

Christopher Caldwell writing for the Weekly Standard gives us a French view of the DSK affair.

Dominique Strauss-Kahn, managing director of the International Monetary Fund, was not just rich and powerful. He was also, until last Saturday, the likely next president of France. So commanding was his lead that rumors had been flying since April that Martine Aubry, his chief rival for the Socialist nomination, would soon drop out of the race. 

Even if the idea of Strauss-Kahn as their head of state is something the French were only trying on for size, no people can be comfortable seeing their potential leader marched around as an accused rapist, particularly under the customs of an alien legal system. The French are indignant at the “perp walk,” the tradition of marching an arrestee before the video cameras that is former U.S. attorney Rudolph Giuliani’s contribution to American show business. The French see it as an act of vanity by publicity-seeking prosecutors and a potential harm to the presumption of innocence. On both counts, they are correct. 

There are two ways to look at the anger that rose up in the French press after Strauss-Kahn, disheveled and humiliated, was photographed after his arrest. The first is to see an understandable discomfort with an act of lèse-majesté. The other is to see a public grown servile and sycophantic. The French press may have been worried about seeing Strauss-Kahn’s name dragged through the mud, but it was quite content to print the name of his alleged victim. …

 

John Hinderaker at PowerLine has a great post on the broken promise of the “stimulus.” 

I have been puzzled by the extent of the media coverage of some crank’s prediction that the world would come to an end today. People are always predicting the end of the world. So far they have always been wrong. Was there something about this particular prediction that was newsworthy? Did any significant number of people expect to wake up this morning and see graves opening and people ascending into Heaven? This morning, there were news stories to the effect that the world still exists. Really! Did reporters expect their readers to be surprised? Why, in short, was this silliness a major media event?

I wish reporters would pay as much attention to a more important failed prediction: the Obama administration’s assurance that its policies, including the “stimulus,” would foster job creation and prevent unemployment from reaching 8 percent.  …

… The Obama administration’s failed prediction of job growth has significant public policy implications. The most basic division between our political parties is their relative faith, or lack thereof, in the efficacy of federal spending. We are embarking on an election cycle in which Republicans will argue for reduced government spending, and Democrats will claim, against all the evidence, that cutting back on out-of-control spending will somehow be bad for the economy. But the Democrats’ theory has been tested. It flunked. It would be nice if reporters and editors would find that failed prediction as newsworthy as the latest end of the world calculation.

 

Houston Chronicle op-ed on the attack on Boeing and the implications for Texas. 

The Obama administration has launched a battle in South Carolina that is both a strike at Texas and an attack upon America’s free enterprise system.

Airplane manufacturer Boeing would like to expand its operations and create jobs with a new facility in North Charleston, but the National Labor Relations Board (NLRB) has taken legal action against the company because South Carolina, like Texas, is a right-to-work state. The NLRB says Boeing can’t expand into South Carolina. It must instead keep all its workers in Washington, where it already has facilities and faces a toxic business climate. Washington is a state with forced unionization, and Boeing has regularly confronted work stoppages by the unions.

If the Obama administration succeeds in this attempt to tell businesses where they’re allowed to set up shop and decide where workers can be employed, then it is not just South Carolina jobs that are in danger. Texas jobs are at stake as well, and the NLRB could soon be issuing rulings that companies cannot create jobs here in Texas. And, even further, this will have the unintended consequence of encouraging companies to locate facilities overseas just to be competitive in today’s global economy. …

 

George Will explains why California is singing the blues.

In 1967, five years after California became the most populous state, novelist Wallace Stegner said that California — energetic, innovative, hedonistic — was America, “only more so.” Today, this state’s budget crisis is like the nation’s, only more so. …

… “Californians already labor under sales-tax rates usually reserved for states without income taxes (at 8.25 percent, the nation’s highest) and sharply progressive income-tax rates usually reserved for states without sales taxes (the state’s top rate is 10.55 percent, and it doesn’t allow you to deduct your federal taxes, as some states with income taxes do).”

Those tax levels are surely related to these demographic facts: Between 2000 and 2010, Los Angeles gained fewer people than in any decade since the 1890s, and Los Angeles and the San Francisco Bay Area have the slowest growth rates since the end of Spanish rule. For the first time since 1920, the Census did not award California even one additional congressional seat. …

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