For some reason, Budweiser didn't pick these two for the commercial:
War is ugly and evil, especially when conducted by an empire advancing evil special interests.
To the Public Editor,
Article Headline:Rand Paul’s Mixed InheritanceDate Published:
1/25/14Web or Print:
BothYour Concern (please limit to 300 words):It has come to my attention that Prof. Block has been unjustly characterized as pro slavery in an NYT article.
Yet , your paper refuses to correct.See this and this from the article:“One economist, while faulting slavery because it was involuntary, suggested in an interview that the daily life of the enslaved was “not so bad — you pick cotton and sing songs.”But later in the article:“Walter Block, an economics professor at Loyola University in New Orleans who described slavery as ‘not so bad’[...] ”
He did not describe slavery as “not so bad.” His point was that picking cotton and singing songs may not be bad, but that the coercion that is slavery is bad. Which appears to be the point the writers seemed to get close to understanding in their first comment on Block.
But, clearly, the second description contradicts the first. It is outrageous for NYT to refuse to correct.
Prof Block has a full rebuttal here, including an exchange with NYT editors.
http://www.lewrockwell.com/2014/01/walter-e-block/ scurrilous-libelous-venomous/ ---Your Name:
Robert WenzelLocation:
San FranciscoYour E-mail:
Robert WenzelEditor & Publisher
To Walter Block
On Tue, Jan 28, 2014 at 2:39 PM, Walter Block <walterblock@cba.loyno.edu> wrote:
From: NYTimes, Senioreditor [mailto:senioreditor@nytimes.com] Sent: Tuesday, January 28, 2014 6:42 PMTo: Walter BlockSubject: Re: letter to the editor
Dr. Block,Thank you for your reply, but we are comfortable with our characterization of your views.
Regards,Now consider how NYT treated an article about New Jersey Governor Chris Christie. Politico reports:
The Times’ original story said that Wildstein claimed “he had the evidence to prove it,” while later versions stuck to his lawyer’s vaguer “evidence exists” formulation.
In a statement Saturday night, the Times said: “We regularly update web stories for clarity as we did in this case.”To my ear, there isn't a hell a lot of difference between “he had the evidence to prove it" and “evidence exists," yet NYT editors say the change was made because they " regularly update web stories for clarity as we did in this case." Yet, when Professor Block is clearly mischaracterized as being in favor of slavery, and after this is brought to the attention of the editors, they see no reason to add clarity.
Bottom line — David Wildstein will do and say anything to save David Wildstein.Then the fat man reaches into ancient history and tells us in his email that the ~52 year old Wildstein:
was publicly accused by his high school social studies teacher of deceptive behavior.
It was a tough thing for a Jersey guy to hear: Boos rained down Saturday on Gov. Chris Christie like he was wearing a Tony Romo jersey.
The once-immensely popular Christie, his glow lost to scandal, sat stone-faced as he was razzed in Times Square for a typically upbeat Super Bowl event.
“You made it across the bridge?” howled one heckler as the problem-plagued Christie — in a navy Windbreaker and black scarf — sat impassively on the stage at Broadway and W. 43rd St.
In the wake of Governor Andrew Cuomo's statement that “extreme conservatives” have no place in New York State because “that’s not what New York is about,” Mayor Bill De Blasio quickly agreed.Well, maybe there will be a time, when it makes sense for all of us to leave New York (or quite possibly, the US), but I'm not going to leave the US to end up in the same place as warmongers Goldberg, Savage, Krauthammer and Kristol. I am headed in the completely opposite direction.
But Cuomo and de Blasio are not only proving their own prejudice, but also their ignorance of history. New York State and New York City have been home to some of the most extreme, misfit, rebellious, groundbreaking, status quo-shaking right-wingers in American history.
Libertarianism owes as much to New York City as it does to the rugged individualism that came out of the West. Ayn Rand, the mother of objectivism, moved to New York City in 1926. She wrote both The Fountainhead and Atlas Shrugged in New York. She lived here and died here.
Another notable New York libertarian is the father of Austrian economics Ludwig Von Mises. It was in New York that he wrote his landmark work Human Action. Murray Rothbard and Milton Friedman, two other economists whose opinions and theories totally reject the tax-and-borrow policies of Cuomo and de Blasio, are products of New York[...]
Outside politics, many conservatives who influenced our culture came from New York. Johnny Ramone was the father of American punk rock music, creating the Ramones from his hometown in Queens, New York, and going on to influence an entire genre of music. Ramone was also a staunch conservative, citing Ronald Reagan as “the greatest president of my lifetime.”
Other pop-culture icons who are conservative and native New Yorkers include daytime TV queen Susan Lucci, comedian Adam Sandler, and actor Sylvester Stallone.
Conservative opinion writers and pundits like Jonah Goldberg, Michael Savage, Peggy Noonan, Samuel Huntington, Sean Hannity, Charles Krauthammer, Bill Kristol, and Bill Kauffman all trace their origins to the Empire State.
Nonetheless, if the governor and mayor do not want us, maybe conservatives and libertarians who are considered too extreme should leave.
Demand for rental housing continues to climb more than four years after the recession, pushing up rents and cutting into Americans’ disposable income.The rental vacancy rate, or the share of units that are empty and available for rent, fell 0.5 percentage point in 2013 to 8.2% in the fourth quarter from a year earlier, the Commerce Department said Friday.
After peaking at just above 11% in 2009, rental vacancy has fallen sharply in the wake of the housing collapse and recession. That reflects families flocking to rentals after losing their homes to foreclosure, being blocked from obtaining a mortgage due to tighter lending standards or simply concluding that buying is too risky.
The higher demand and tighter supply of units are enabling landlords to raise prices. The median asking rent for vacant units in October through December was $746, up 3% from $724 a year earlier.
Forget about the White House in 2016. The question now is whether Gov. Chris Christie can survive as governor.
David Wildstein, the man who ordered the George Washington Bridge lane closures, is now pointing the finger directly at Gov. Chris Christie, saying the governor knew about the lane closures in September when they occurred.
That directly contradicts Christie account at his Jan. 13 press conference when he made this statement: "I had no knowledge of this — of the planning, the execution or anything about it... I first found out about it after it was over."
If this charge proves true, then the governor must resign or be impeached. Because
that would leave him so drained of credibility that he could not possibly govern effectively. He would owe it to the people of New Jersey to stop the bleeding and quit. And if he should refuse, then the Legislature should open impeachment hearings.
What do you see as the role for euro area monetary policy in that context [the the United States financial crisis and the sovereign debt crisis in the euro area]?
It seems clear that more expansionary monetary policy would have been helpful.
First lady Chirlane McCray's official duties, which the de Blasio administration continues to avoid describing specifically, could include chairing the Mayor's Fund to Advance New York City.
According to a Jan. 29 letter from the city Conflicts of Interest Board that was obtained by Capital, McCray has been granted permission to serve as the unpaid chairwoman of the fund's board of directors.
The fund was established in 1994 to raise private money through foundations, corporations and individual donors for city causes, and was a fund-raising conduit after Hurricane Sandy.
The problem is our financial regulators don’t understand bitcoin well enough to regulate it. That became increasingly obvious during the hearings, and it’s not at all surprising. The five-year-old cryptocurrency is an unprecedented experiment in the power of peer-to-peer networking, open source software, and a certain kind of financial anarchy.
The crystallizing moment came Wednesday when Richard Zabel, a seemingly well-informed deputy U.S. attorney, testified before the New York Department of Financial Services, which has been looking into regulating bitcoin businesses. At one point, the Manhattan prosecutor started talking about bitcoin-mixing services, called tumblers. Bitcoin includes a public ledger that openly displays all financial transactions on its vast computer network; tumblers provide a means of hiding your transactions from the rest of the world — something Zabel doesn’t like.
“There may be, out there, legitimate uses for those, but in the cases that I’ve seen, they serve no other purpose to be automated money laundering and identity concealers,” said Zabel, whose office has brought money laundering charges against bitcoin advocate and Bitinstant CEO Charles Shrem — charges filed the day before New York’s hearings began.
The man holding the hearings, New York State’s Superintendent of Financial Services Benjamin Lawsky, seemed intrigued. “If it turns out that technologies like tumblers are being used for no other purpose than to enhance anonymity and to thwart law enforcement, that may be something as we do our regulatory work we want to make sure the companies that we’re reviewing aren’t using those kinds of things.”
You could almost hear a collective groan from the bitcoin community. If services that merely “enhance anonymity” are banned by New York financial regulators, then it will actually scare away legitimate businesses, and maybe an entire industry.[...]Some bitcoin true believers think any government regulation is an intrusion and a mistake, but others simply hope the government doesn’t make a huge error in judgment. “A misunderstanding by policymakers today could be a major setback to U.S.-led innovation in digital currency,” said Nicholas Carey, CEO of bitcoin wallet-maker Blockchain.info.
As we reported in June, there are indeed legitimate reasons why companies, or even individuals, might want to obscure the flow of money. For example, a company using bitcoin may not want its competitors tracking its sales growth via the public ledger. Make it impossible to hide this information with a tumbler and many legitimate businesses simply won’t use bitcoin.What McMillan doesn't seem to understand is that government regulators are concerned about the anonymity feature, which would make it difficult for them to track whatever transactions they want to track. Regulators don't care about other "legitimate" uses for tumblers. They know that transactions can be tracked via debit cards, credit cards and bank statements, there is no chance they are going to allow a move back,for individuals, into a world where they can conduct financial transactions with greater anonymity. As warned here at EPJ long ago, heavy regulations, if not an outright ban on tumblers is coming.