Posts by admin

Immigration

I think my feelings on illegal immigration have at last reached critical mass. Arizona’s new social travesty masquerading as a Law is akin to punching Lady Liberty in the bread box. I am ashamed to share a nationality with these people.

No illegal immigrants are taking jobs from “us”. There is no “us” and “them”. There are millions of PEOPLE living here, fancy papers and skin color aside, that work, go to school, buy food, see movies, mow the grass, raise children, and even pay taxes. These PEOPLE are US.

If the good citizens of Arizona were really interested in curtailing immigration they would rally federal support for accountability of American enterprises operating in Mexico. They would urge Congress to enforce a minimum wage on those companies and insist they honour environmental laws. But that’s not what its about.

Hiding behind the noble banter of “Rule of Law” and “Illegal” lurks the insidious secret of the right: They hate these brown bastards. Pure and simple.

This law doesn’t just compel Arizona Police to ferret out working class people and treat them as criminals. If that’s all they were after they already had that power available. Rather, it gives not only the power but the obligation to demand proof of citizenship “where reasonable suspicion exists that the person is an alien who is unlawfully present in the United States”. Guess what guys, they sure ain’t going to reasonably suspect Little Johnny Irish of being here illegally. That honour goes to the brown people of Arizona; apparently automatically guilty, and required to prove themselves innocent.

I’m sure that this law will not last long, as it violates the Constitution(Article 1, Section 8, supported by numerous Supreme Court cases as giving Congress the power to govern entry into the country). The real issue here is how misled the whole thing is and how disheartening it is to watch what are otherwise good people succumb to hate.

I’ll leave you with the poem on the Statue of Liberty:

Not like the brazen giant of Greek fame,

With conquering limbs astride from land to land;

Here at our sea-washed, sunset gates shall stand

A mighty woman with a torch, whose flame

Is the imprisoned lightning, and her name

Mother of Exiles. From her beacon-hand

Glows world-wide welcome; her mild eyes command

The air-bridged harbor that twin cities frame.

“Keep ancient lands, your storied pomp!” cries she

With silent lips. “Give me your tired, your poor,

Your huddled masses yearning to breathe free,

The wretched refuse of your teeming shore.

Send these, the homeless, tempest-tost to me,

I lift my lamp beside the golden door!”

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Allocation and Consequence

Pigeon FeathersThis weekend, I found the consequences of a hawk catching a pigeon in my driveway. It basically looked as though a grenade had blown it to pieces.  There were about a hundred and fifty feathers spread all over, strangely, there was not much red in the picture. This led me to a few thoughts on economics.

Also, this weekend, a couple of friends of mine, were having an extremely esoteric argument about version control systems. This is all the rage in programming right now.

It is wonderful that we have enough free time to discuss these obscure topics, but it is also one of the primary reasons that economists are led to believe that they are the only ones thinking about the “important” or “real” problems.

Seeing the pigeon, bothered me in a strange way, perhaps that I am not thinking about the important problems enough. Second, it’s body was completely annihilated, it is rare that we humans are left like that. Even if we die from a car accident or cancer, our bodies are usually left in tact for a funeral and burial. Humans like to control this process. To leave another human to be eaten by an animal is an insult to our pride. We are obsessed with the process.

The free spirited mind spends so much time thinking and arguing about the minutia, but in the end success or failure is binary, life or death. It is similar to how kittens play, while adults hunt and defend.

Your business and/or professional model must work or you will die. You can struggle all you want and still, indeed, fail. There is nothing wrong with incorporating new thoughts and techniques into your hunt, but do not place too much time and energy into fine tuning means to an end, while loosing sight of the end. In fact, we all fail eventually!

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Healthcare Law Henceforth


I propose a new law that will empower all people. It is called the Health Care Reform Amendment Act 2010 and will henceforth be called The Law, with all the weight and profundity so implied.

Past reforms have proposed ridiculous ideas such as giving all people free health care managed by the government, while others have proposed forcing individuals to buy health care. These are all ridiculous and untenable. How can one imagine a resource distribution model that circumvents the market place? I call such nonsense flatly un-American. This is, above all things, a deeply principled nation after all.

I propose a new free market approach. First, company HR departments will be prohibited from buying insurance for their employees. This will empower individuals to research and purchase insurance based on it’s merits and price.

Second, we will circumvent the Hippocratic Oath by prohibiting individuals from going to the hospital if they do not have insurance. It will now be a crime punishable by fine and imprisonment.

This will empower individuals to make their own decisions about healthcare. Smart, shrewd individuals will be rewarded, while those who make bad decisions will be punished with death in the street at the scene of a car accident. More important than rewarding good decisions, The Law must assuredly punish bad ones. Its the American way.

These changes are necessary America. Without them, we will continue to give away health care and promote moral hazard in it’s most dastardly form and individuals will be crushed under the force of bureaucracy and government. I am sure you all agree no fate is worse than that dealt at the hands of government; even an identical or markedly worse fate at the whim of the American privateer.

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Poor and Minority Effects on the Subprime Crisis & The Economy as a Whole

This supposed link between minorities and the sub-prime crisis has bothered me for quite some time. Many conservatives are making the argument that illegal immigrants, minorities or the poor along with their Democratic allies have somehow created this sub-prime crisis. My fundamental argument is that the poor and minorities don’t control enough wealth to have the impact that conservatives are implying.

Let’s start with some basic numbers and do some basic arithmatic. The estimated value of the stock market in the USA in 2008 was 36 trillion dollars. The value of all real estate owned by households was in the range of 20 trillion. Insurance companies held 6.3 trillion, while the US GDP was 13 trillion. Commercial banks held about 10.8 trillion. Even with massive overlap in the asset classes that puts us up to at least 65 trillion in trade-able assets. The sub-prime was estimated at about 1.4 trillion in 2007, which makes it about 2%.

It gets a bit harder to discern what percent of the 1.4 trillion in subprime loans were made to minorities, illegal immigrants, and poor people, but one can estimate that if they were able to get loans at a rate similar to whites, then the percentages of loans should be similar to their percentage of the population.

That gives us the following.

  • 9.4% Black Subprime = 132 Billion = 2/10ths of a percent value of US tradable assets
  • 10.4% Hispanic Subprime = 146 Billion = 2/10ths of a percent value of US tradeable assets

Out of these numbers, what percentage could be illegal immigrants? Let’s estimate high and say that 25% of Hispanic, subprime loan customers are illegal. That gives us the following

  • 2.6% Illegal Hispanic Subprime = 36.5 Billion = 1/20th of a percent value of US tradable assets

Honestly, what effect could 1/20th of a percent have on our economy. It just sounds like rhetoric.

Links

  • http://www.180people.com/2008/November/The-Sub-Prime-Loan-Crisis-and-the-Illegal-Immigration-Link.htm
  • http://en.wikipedia.org/wiki/Demographics_of_the_United_States#Race_and_ethnicity
  • http://en.wikipedia.org/wiki/Homeownership_in_the_United_States#Race
  • http://www.nytimes.com/2008/08/03/realestate/03mort.html?_r=1&scp=4&sq=sub%20prime%20loans%20minorities&st=cse
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Microsoft’s Mojo

Just read this article and, I hate to admit it; I really, really hate to admit it. I think Microsoft is right on with this one and it scares me. I see so many people looking at new technology in this down economy and that is helping Redhat because MS Server with SQL Server is about 5K/year. Compared to about 1K/year for RHEL5/MySQL, it looks pretty good. But if your cloud computing offers are about the same price, now you have competition and since Microsoft holds the home court advantage, this is bad.  People love the mushy familiarity of Windows, and if I they can buy it at 12 cents/hour, that is a pretty attractive offer.

Steve Ballmer is still an idiot though.

Update: Technically Linux on Amazon is a bit cheaper at .10 cents/hour, and Microsofts solution is a bit more expensive on storage too at 15 cents/gigabyte

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