The Dread Ilk, causing trouble

Okay, this made me laugh. A lot. Scooter posted this comment at National Review in response to a call on The Corner for the Wall Street Journal to feature an economics writer to counter Paul Krugman’s influence:

He’s a bit outside the mainstream for the Wall Street Journal, but Vox Day is an excellent voice for the Austrian school and regularly rebuts Krugman and Keynesian theory in general on his blog, Vox Popoli.

Spacebunny asked what I was laughing at. When I told her, she laughed and wanted to know if Vox Day appearing regularly in the Wall Street Journal was the 5th or the 6th sign that the Apocalypse was nigh.

The importance of academic credentials

ican going to graduate to now:

I’ve written toward a master’s degree in cognitive psychology, a Ph.D. in sociology, and a handful of postgraduate credits in international diplomacy. I’ve worked on bachelor’s degrees in hospitality, business administration, and accounting. I’ve written for courses in history, cinema, labor relations, pharmacology, theology, sports management, maritime security, airline services, sustainability, municipal budgeting, marketing, philosophy, ethics, Eastern religion, postmodern architecture, anthropology, literature, and public administration. I’ve attended three dozen online universities. I’ve completed 12 graduate theses of 50 pages or more. All for someone else….

I, who have no name, no opinions, and no style, have written so many papers at this point, including legal briefs, military-strategy assessments, poems, lab reports, and, yes, even papers on academic integrity, that it’s hard to determine which course of study is most infested with cheating. But I’d say education is the worst. I’ve written papers for students in elementary-education programs, special-education majors, and ESL-training courses. I’ve written lesson plans for aspiring high-school teachers, and I’ve synthesized reports from notes that customers have taken during classroom observations. I’ve written essays for those studying to become school administrators, and I’ve completed theses for those on course to become principals. In the enormous conspiracy that is student cheating, the frontline intelligence community is infiltrated by double agents.

You might want to keep this in mind the next time that someone tells you that he’s smarter than you because he has a science degree. Between the adherence to outdated and demonstrably false theories, the enlargement and concomitant devolution of the matriculating students, the grade inflation and the outright fraud, it is obvious that academic credentials mean absolutely nothing anymore regardless of which university has issued them. Consider what the following statement implies about the quality of doctorate and graduate degrees being cranked out by the paper mills.

“[A]t the time I was writing PhD papers and graduate theses for clients, I was myself an undergraduate student. Someone without a bachelors degree was writing work that should have qualified me to get a doctorate at least once a week.”

Credit contagion

Well, three of five isn’t bad as the Eurozone is on the verge of melting down again:

The EU authorities have begun to vent their fury against Ireland over its refusal to accept a financial rescue, fearing that the crisis will engulf Portugal and Spain unless confidence is restored immediately to eurozone bond markets…. A simultaneous bail-out for both Ireland and Portugal might run to €200bn, depleting much of the EU rescue line. The European Financial Stability Facility (EFSF) can raise up to €440bn on the bond markets but only two thirds of this would be available. The IMF is expected to loan a further €3 for every €8 from the EU under the bail-out formula.

The great concern is that the crisis could spread to Spain, which has a far bigger economy that Greece, Portugal, and Ireland combined. Foreign banks have €850bn of exposure to Spanish debt.

In RGD, I correctly identified Ireland and Spain as the likely culprits for the modern version of 1931’s Creditanstalt collapse. But I have to admit, I did not see Greece or Portugal being a probable issue; Estonia doesn’t count because it is not part of the Eurozone until 2011, assuming that there is still is Eurozone in 2011. But Greece was faking its economic statistics – they released yet another and increasingly bad debt/GDP report yesterday and I only looked at Portugal’s real estate sector, so presumably their excessive debt was concentrated elsewhere.

“According to Austrian theory, the effects of the housing bust on the overall economy should be much greater in countries like Estonia, Spain, and Ireland than in Austria, Germany, and Poland, and to the extent that inexpensive debt was made available to that and other sectors of the economy, we would expect to see that signs of the resulting economic contraction are similarly greater as well. Therefore we should see unemployment rising faster, prices falling further, GDP contracting more, and government deficits growing larger in the three housing boom countries than in the three non-boom ones. Due to the Austrian doubts about the reliability of macroeconomic data, greater credence should be given to historical statistics that are less easily manipulated, such as government deficits and interest rates, rather than GDP, unemployment, and inflation.”

Ireland is right to refuse the EU-IMF bailout. Notice that the bailout is not, as it is improperly characterized, a bailout of Ireland per se. It is actually a bailout of the banks that invested in Irish government debt and it is intended to put the people of Ireland on the hook for it in much the same way that Americans were put on the hook for the cost of the TARP bailouts.

Although it isn’t mentioned in the article, I noticed that Australia’s bond spreads have risen even higher than Portugal’s in the two-year. Australia has had a serious housing bubble too, one that continued into 2010, so don’t be surprised if there is news of a Australian crisis in the near future.

A lack of consequences has consequences

A policeman observes the effects of legal inequality in the name of sexual equality:

[A]s a former criminal investigator and street officer I have observed the deadly effects of feminism on women. Many women feel that they are entitled to browbeat, berate, and abuse men without consequences. By rule of law they would be right. By law of nature they often only realize their folly too late. Again and again I have seen this. The couple that has 5 or 10 domestic disturbance calls then one final call.

These aren’t the “burning bed” women. Those women don’t call the police. When that abuse comes to light it is usually a third party that makes the call. The most common is the dysfunctional couple that argue to a fever pitch until the guy has had enough. Often he will try to leave for awhile and she tries to block his exit, as she has not felt adequately satisfied with his level of torment. He removes her from his path, and she calls when he is gone citing that he has attacked her and is out on the road. A very common occurance. On the occasions when we arrive to find both at the home the male will be relatively calm while the female is hysterical or playing hard on the victim card. With the “imminent fear” standard in place women have learned to exploit this feature of the domestic abuse law. I taught rookie officers how to properly make the woman tip her hand to see if she was really in fear. Simply enough, you casually isolate the two parties and tell her that he will not be arrested on this occasion. When they are faking it, the fear act dissolves and you see who the aggressor really is. Not only will she aggress against the male partner but also at the officers.

The present legal situation presents a vicious, downward spiral once a woman makes the unilateral decision that she is the head of the household. There is little point in lamenting the legal realities, as they are what they are and significant change is unlikely until after a) the ongoing economic contraction fundamentally alters the male-female dynamic, or b) Sharia is instituted as is now apparently on the table in places like Amsterdamistan, Londonistan and Oklahoma.

While primary blame must be attached to the woman declares herself queen, there is no shortage of it to be attached to the man who makes the decision, conscious or unconscious, to submit to her rule. Once that decision is made, the possibility of the downward spiral becomes omnipresent; while couples that involve sufficiently low-status men may never embark upon it, some form of negative outcome is nevertheless likely.

Now, it’s not necessary to overreact and decry all possibility of long-term relationships with women simply because the law is stacked in favor of them. That is the instinctive Gamma response and is no different than the way that they tend to exaggerate every Game concept to the point of parodic inutility. All that is really necessary to forestall the likelihood of this downward spiral is to make it clear that although there may be no legal or physical consequences for a woman’s abusive actions, there will be serious repercussions for the relationship. Once a man makes it clear that he would truly rather be dead or working in the bowels of a Patagonian coal mine than live his life being treated badly by the one person who is supposed to be his helpmeet, only a deeply neurotic or psychopathic woman is going to push the issue beyond a few tests to establish his credibility on the matter.

In summary, if you are a browbeaten, hen-pecked man, it is ultimately your fault because you have not only voluntarily chosen that woman, but to accept being treated that way by her as well. It’s not worth it. No real man will ever live that way, and furthermore, as the policeman suggests, you are unlikely to be doing either her or yourself a service with your silence endurance.