Forgoing the plan to build independent floating cities away from chafing laws, some libertarians—led by Milton Friedman’s grandson, no less—have found something better: desperate countries willing to allow the founding of autonomous libertarian cities within their borders.
The seasteader-in-chief is headed ashore. Patri Friedman (that’s Milton Friedman‘s grandson to you), who stepped down as the chief executive of the Peter Thiel-backed Seasteading Institute in August, has resurfaced as the CEO of a new for-profit enterprise named Future Cities Development Inc., which aims to create new cities from scratch (on land this time) governed by “cutting-edge legal systems.” The startup may have found its first taker in Honduras, whose government amended its constitution in January to permit the creation of special autonomous zones exempt from local and federal laws. Future Cities has signed a non-binding memorandum of understanding to build a city in one such zone starting next year.
. . . . . . .
The brainchild of New York University economist Paul Romer (read his thoughts on FCI here), a charter city combines a host nation’s vacant land (in this case, Honduras) with the legal system and institutions of another (e.g. Canada) and residents drawn from anywhere. Romer’s central insight is that good governance is transplantable—rather than wait for a basket case nation to come around begging, a charter city could help show it the way, as Hong Kong did for Deng Xiaoping.
Phi Beta Iota: The focus on eradicating corruption from day one is most interesting. While the group does not appear to have fully thought through their role as a magnet for criminals, there are regions of Africa, Latin America, and even the now warming Arctic North that could permit this kind of innovation to test its premises.
A reduction in force. More base closings and consolidations. Big cuts to defense intelligence agencies.
All those options affecting the Defense Department's vast civilian workforce would be on the table if automatic across-the-board budget cuts go forward, experts predicted last week.
That workforce, the largest of any federal agency, totals about 790,000, according to the most recent DoD figures. During the next decade, its size could tumble 20 percent to about 630,000, the smallest since the Defense Department's creation in 1947, under a scenario outlined last month by Defense Secretary Leon Panetta in a letter to Congress. The Army, Navy and Air Force employ almost 80 percent of the existing civilian workforce; DoD organizations and the National Guard account for the rest.
Phi Beta Iota: With 46 million Americans on food stamps, this hardly seems cause for alarm. What should be alarming is the total absence of strategy, intelligence, or integrity in Whole of Government operations.
The evidence of an extensive Western covert program against Tehran, and Iranian retaliation, is now too obvious to ignore
Michael Hirsh
National Journal, 4 December 2011
Two incidents that occurred on Sunday—Iran’s claim of a shoot-down of a U.S. drone, and an explosion outside the British embassy in Bahrain—may have been unrelated. But they appear to add to growing evidence that an escalating covert war by the West is under way against Iran, and that Tehran is retaliating with greater intensity than ever.
Asked whether the United States, in cooperation with Israel, was now engaged in a covert war against Iran’s nuclear program that may include the Stuxnet virus, the blowing-up of facilities and the assassination or kidnapping of scientists, one recently retired U.S. official privy to up-to-date intelligence would not deny it.
5.0 out of 5 stars Beyond Five Stars-A Liberating / Empowering Book,December 6, 2011
1. On first impressions the book is a major slam. The author and publisher have collected some of the most serious testimonials possible–better than any I have seen on a book of this type.
2. Ten chapters, each chapter at least five segments, means over 50 “snapshots, each easy to digest–my only disappointment with this book is that it fails to provide maps at key points. My favorite book in this regard is Nelson's Complete Book of Bible Maps and Charts, 3rd Edition.
3. I cannot do this book justice. The first and most positive impression I get halfway through the book is that this is a Cliff Note's for smart busy people, boiling down history, philosophy, and putting everything in a sensible context. I dismissed the religion requirement in college, now I am finding that religion is “core” to everything I encounter and if I had to do it over again, would take multiple religion courses as part of my liberal arts education. Certainly this book is a phenomenal offering for any student of any age, as well as adult continuing education.
4. Put bluntly, this book skewers the Zionist hypocrites by name, by government, by time period, by deceptive “offering.” This is not a book that does the same for the Palestinians, I certainly would like to see such a book that could also in passing skewer the Arab dictators as well as the European “enablers” that have made it possible for so much genocide and so many other atrocities to occur for so long in Palestine.
5. The book ends with six strategies, a deeply spiritual and totally practical final chapter on values and emancipation, a section on questions and answers, and an appendix on resources for peace.
6. What I had NOT expected at all, was the RADICAL itemization of ideas from the Bible that are not radical as much as they are FUNDAMENTAL, and including to my enormous surprise, both the seventh year sabatical with debt forgiveness, and the fifty year jubilee with total debt forgiveness across the board. These two–and everything else about this book–make it as timely as one could wish for dealing with the global financial crisis that boils down to corrupt banks eating corrupt governments.
7. I have to read this book again. Being nagged (comment below) led me to rush this out, mostly to honor the author and the spirit of the ideas in this book, but this review is shamefully inadequate–I need to do for this book what I did for Daniel Elsberg's Secrets: A Memoir of Vietnam and the Pentagon Papers, create a table with key points, keywords, do a sort, and then write a summary. I fear I will not get to that anytime soon, so this is my best for now.
Other books I have reviewed and recommend along with this one:
2. What characterizes all books with sensible implementable solutions is one word: INTEGRITY. When politics, intelligence, or commerce lose their integrity, they become corrupt, and as I wrote in my January 2011 letter to The Most Holy Father, “corruption in the secular world is an obstacle to spiritual harmony” and later in the letter, “we need a faith-based global intelligence exchange.” To my enormous surprise, many months later the Vatican pumped out a declaration along these lines (search for Vatican, Ethics, & Truth).
3. There are in my view three “ground-zeros” today for anyone contemplating how to create a prosperous world at peace. The first is Palestine (remember Gandhi: “Palestine is to the Palestinians as France is to the French,”) and what has become an Israeli Zionist plague of genocide and other atrocities perpetrated against the Palestinian people against the wishes of moderate ethical Jews and all others who wish to see a prosperous safe Israel that is not a caricature of Nazi Germany in how it treats “the other.” The second is the global financial system that the Rothchilds and Goldman Sachs [and the Chinese-Indonesian gold masters] have managed to dominate to the point of its–and our–near-death experience. I am a huge fan of Truth & Reconciliation and seek no retrospective vengeance, but it is time for the Rothchilds and Goldman Sachs to go out of business and be absent from the affairs of men. The third is water. I have reviewed twelve books on water here at Amazon and for UNESCO, any my essay containing all reviews can be found by searching for Reference: WATER-Soul of the Earth, Mirror of Our Collective Souls.
Right now we have a huge opportunity to deal what's being called a “serious blow to one of Washington's most powerful lobbies.”1
The U.S. Chamber of Commerce is an army of lobbyists for hire by mega-corporations like banks and those in the fossil fuel industry. In 2009, it spent more corporate money on lobbying than the next five biggest spenders combined.2 And 93% of its campaign spending goes to support Republicans and attack Democrats.3
Google is a paying member of the Chamber, which means that part of the money they make from Google users—ordinary people like us using Gmail, Google search, and other Google products—goes into the Chamber's pockets to fight for Wall Street and Big Oil. But the Washington Post and Politico recently reported that at Google headquarters, employees are intensely debating whether Google should quit the Chamber in the next few weeks.4
When a true genius appears in the world you may know him by this infallible sign, that the dunces are all in confederacy against him.
Jonathan Swift
It is clear to anyone who has studied the financial crisis of 2008 that the private sector’s drive for short-term profit was behind it. More than 84 percent of the sub-prime mortgages in 2006 were issued by private lending. These private firms made nearly 83 percent of the subprime loans to low- and moderate-income borrowers that year. Out of the top 25 subprime lenders in 2006, only one was subject to the usual mortgage laws and regulations. The nonbank underwriters made more than 12 million subprime mortgages with a value of nearly $2 trillion. The lenders who made these were exempt from federal regulations.
It was not the banks that created the mortgage crisis. It was, plain and simple, Congress who forced everybody to go and give mortgages to people who were on the cusp. Now, I’m not saying I’m sure that was terrible policy, because a lot of those people who got homes still have them and they wouldn’t have gotten them without that. But they were the ones who pushed Fannie and Freddie to make a bunch of loans that were imprudent, if you will. They were the ones that pushed the banks to loan to everybody. And now we want to go vilify the banks because it’s one target, it’s easy to blame them and Congress certainly isn’t going to blame themselves.”
Barry Ritholtz in the Washington Post calls the notion that the US Congress was behind the financial crisis of 2008 “the Big Lie”. As we have seen in other contexts, if a lie is big enough, people begin to believe it.
Full Story Below the Line with BLOCKBUSTER Itemization
For the first time, astronomers have found a planet smack in the middle of the habitable zone of its sunlike star, where temperatures are good for life. “If this planet has a surface, it would have a very nice temperature of some 70° Fahrenheit [21°C],” says William Borucki of NASA’s Ames Research Center here, who is the principal investigator of NASA’s Kepler space telescope. “[It's] another milestone on the journey of discovering Earth’s twin,” adds Ames director Simon “Pete” Worden.
Click on Image to Enlarge
Unfortunately, the true nature of the planet, named Kepler-22b, remains unknown. It is 2.4 times the size of Earth, but its mass, and hence its composition, has not yet been determined. “There’s a good chance it could be rocky,” Borucki says, although he adds that the planet would probably contain huge amounts of compressed ice, too. It might even have a global ocean. “We have no planets like this in our own solar system.”
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Forty-eight of these planet candidates orbit in the habitable zone of their parent stars. Most are substantially larger than Earth, but 10 are about the same size as our home planet. Some of these are in multiplanet systems. “It’s conceivable that any — or many — of these 48 habitable zone candidates, or their moons, could have life,” Borucki says.