no third solution

Blogging about liberty, anarchy, economics and politics

Monday Quickies

January 2nd, 2008

With a tip o’ the hat to Andrew Sullivan, I came across a Wired article discussing new data suggesting the people of the United States are among the most surveilled by their government the world over, joining notable Big Brother States China, Russia:

map.jpgIn terms of statutory protections and privacy enforcement, the US is the worst ranking country in the democratic world. In terms of overall privacy protection the United States has performed very poorly, being out-ranked by both India and the Philippines and falling into the “black” category, denoting endemic surveillance.

What was that about trading liberty for security?

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The Financial Times notes that it’s probably a bad idea to provide relief to mortgage borrowers because such relief efforts are (as I’ve previously noted) arbitrary, complicated, and of also not likely to be much help, anyways.

Oh, also noteworthy is the fear associated with systematic repudiation of contracts with government assistance, that “any move to dilute bondholder protection is a dangerous strategy that could scare investors away,” and that the “benefits of a near-term reduction in foreclosures could be offset by the scarcity of mortgage credit for the long-term.”

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The University of Michigan’s horrendous recent streak of losing any game that actually matters (and a few of those which don’t) finally came to an end yesterday, as lame-duck coach Lloyd Carr and the Wolverines defeated 12th ranked University of Florida in a 41-35 shootout. Michigan tried very hard to give the game away, twice turning the ball over on the goal line. In spite of their poor ball-handling, it was quite an entertaining game. I’m thankful for that.

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A piece in Slate today explains how the “Starbucks Reverse-Jinx” has actually been a boon for the coffee-shop industry.

“In a world where Starbucks operates nearly 15,000 stores, with six new ones opening each day, isn’t this a reasonable assumption? How could momma and poppa coffee hope to survive?”

I’ve often though the same thing might be true with regards to McDonalds. As long as McDonalds covers the interstate with billboards, and as long as competitors locate themselves near the McDonalds, they can benefit from the giant’s own success. And I’ve heard variants of the Starbucks story in the past, predominately that the rise of Starbucks essentially created the demand for gourmet coffee among a large number of Americans, prior to which there were very few “mom & pop” coffee shops. In fact, “[F]rom 2000 to 2005—long after Starbucks supposedly obliterated indie cafes—the number of mom and pops grew 40 percent, from 9,800 to nearly 14,000 coffeehouses.”

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An interesting article in the Washington Post today about the myriad difficulties encountered by gay divorce-seekers:

Because the IRS does not recognize gay marriage, Uncle Sam may skim off the top of any property transfer in excess of statutory requirements, for instance, “Retirement savings and pension plans, easily split for heterosexual couples divorcing, would have to be cashed out and would be heavily taxed for gay couples.”

Further, one divorce-seeker has been left without recourse in the courts after having moved from Massachussetts: “There is now no way for me to get divorced unless I move back to Massachusetts, establish residency and then wait a year before I file,” because other states may not recognize the marriage.

Separate but equal, indeed.

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  • Zach says on: January 2, 2008 at 12:54 pm

     

    So that’s why the Fed opposes gay marriage. Ideology only gets you so far – look at 6 years of Republican-dominated DC and the fact that abortion is still mostly legal. Gay people are pretty well off (that’s the stereotype, anyway) and the fed doesn’t want to give up a revenue stream. Shocking.

no third solution

Blogging about liberty, anarchy, economics and politics