Paul M. Jones

Yes, about 21% of Rep. Paul’s holdings are in real estate and roughly 14% in cash. But he owns no bonds or bond funds and has only 0.1% in stock funds. Furthermore, the stock funds that Rep. Paul does own are all “short,” or make bets against, U.S. stocks. One is a “double inverse” fund that, on a daily basis, goes up twice as much as its stock benchmark goes down.

The remainder of Rep. Paul’s portfolio – fully 64% of his assets – is entirely in gold and silver mining stocks....

At our request, William Bernstein, an investment manager at Efficient Portfolio Advisors in Eastford, Conn., reviewed Rep. Paul’s portfolio as set out in the annual disclosure statement. Mr. Bernstein says he has never seen such an extreme bet on economic catastrophe. ”This portfolio is a half-step away from a cellar-full of canned goods and nine-millimeter rounds,” he says.

A lot of people say one thing, but their actions belie their words. Ron Paul, at least, appears to believe what he's saying. Via Greg Mankiw's Blog: The Ron Paul Portfolio.

... turns out [Social Security] really is a tax-based welfare program, not a dedicated, contribution-based retirement program ...

Remember that line when you hear someone say "I just want to get from it what I paid into it." Buddy, you didn't "pay into it," you were taxed to pay for someone else. Via Re: The Payroll Tax Mess - By Michael Walsh - The Corner - National Review Online.

That's right, the government now controls the supply of the very paper on which the news is to be printed. Tyranny on the march.

The paper used to produce newspapers came under government control in Argentina on Thursday, in a long-sought victory for President Cristina Fernandez in her dispute with the country's opposition media.

Argentina's senate, which is controlled by Fernandez's allies, voted 41-26 to control newsprint's manufacture, sale and distribution to media friends and foes alike.

Newsprint has been a key issue in the never-ending battles between the government and opposition newspapers. Since the early days of the 1976-1983 dictatorship, Argentina's only newsprint provider is Papel Prensa, a joint venture majority-owned by its dominant newspapers, Clarin and La Nacion. The government has been a minority shareholder.

Via News from The Associated Press.

"No one questions that Havel, who went to prison twice, was a brave man who had the courage to stand up for his views. Yet the question which needs to be asked is whether his political campaigning made his country, and the world, a better place. Havel's anti-communist critique contained little if any acknowledgement of the positive achievements of the regimes of eastern Europe in the fields of employment, welfare provision, education and women's rights. Or the fact that communism, for all its faults, was still a system which put the economic needs of the majority first."

Absolutely. Presumably, that explains why there were millions of downtrodden, poor people attempting to enter the Soviet Empire from such hellholes as West Germany. That explains why East Berlin erected the Wall, to contain the flood of people trying to enter it. Yes, that must have been the reason.

Missing the God-damned Communists is as bad as missing the National Socialists. Maybe worse. Cia Remember, some are still mourning the Soviet Empire | Samizdata.net.

The practical effect of SOPA will be to create an architecture for censorship--both legal and technological--that will radically alter the costs of engaging in future censorship unrelated to piracy or counterfeiting.

To these guys, that's probably a feature, not a bug. Via SOPA: An Architecture for Censorship | Cato @ Liberty.

Almost everyone who knows me has had to suffer through me talking about Hero With A Thousand Faces by Joseph Campbell. The short version: all hero stories share common elements, character types, and motifs; these elements are present in mythology, religion, and in movies today.

For example, have you ever noticed in cinematic hero stories that it’s always “two guys and a girl”? Harry, Ron, and Hermione; Luke, Han, and Leia; Neo, Morpheus, and Trinity; hell: Bo, Luke, and Daisy. There’s usually an “old man as mentor”: Obi-Wan Kenobi, Professor Dumbledore, Uncle Ben. There is the death of a father. There is a gift of magical assistance. And so on, and so on.

I’ve been wondering for a long time now how “The Princess Bride” fits into the Campbell analysis. I have recently realized that the real hero of “The Princess Bride” is not Westley; it is, in fact, Inigo Montoya.

To illustrate, let’s compare the characters of “Star Wars” to those of “The Princess Bride”:

Character Type              Star Wars       Princess Bride
--------------------------  --------------  --------------
The Pirate                  Han             Westley
The Swordsman               Luke            Inigo
The Girl                    Leia            Buttercup
The main villain            Darth Vader     Count Rugen
His overseer                The Emperor     Humperdinck
Whose father gets killed?   Luke's          Inigo's
Who does the killing?       Darth Vader     Count Rugen
Who avenges his father?     Luke            Inigo
Who gets the girl?          Han             Westley

The one whose father is killed, learns swordplay, seeks out his father’s murderer, and confronts him as part of a final attack: that is the hero. That means Luke/Inigo are the heroes, and Han/Westley are the pirate characters who get the girl in the end. Westley is central to the plot, and the main story is about Westley and Buttercup, but Westley is not the hero; Inigo is.

Here’s another fun bit: for the final attack, it is the pirate who plans it, but it is the swordsman who must confront the villain.

Plot Element                Star Wars       Princess Bride
--------------------------  --------------  --------------
The target                  Death Star 2    The castle
Attack planned by           Han Solo        Westley
Villain killed by           Luke            Inigo

Once again, the hero appears to be Inigo, not Westley.

I know, it’s heresy. But still.

Kim Jong Il, North Korea's mercurial and enigmatic longtime leader, has died of heart failure. He was 69.

via News from The Associated Press.

This is brutal and graphic, but it's an important lesson: a guy with a knife is a deadly threat, even if he's 20 feet away. He can cover that distance in less than 1.5 seconds, which is probably longer than it takes you to draw from a concealed carry position. Knife Attack? Video and the Tueller Drill | The Modern Survivalist.

... have you considered how lucky we are that the government lets us drive cars at all?

Imagine if cars hadn’t been around for a century, but instead were just invented today. Is there any way they’d be approved for individual use? ...

Even aside from pollution, the government wouldn’t allow the risks to safety.

“So you’re proposing that people speed around in tons of metal? You must mean only really smart, well-trained people?”

“No. Everyone. Even stupid people.”

“Won’t millions be killed?”

“Oh, no. Not that many. Just a little more than 40,000 a year.”

“And injuries?”

“Oh . . . millions.”

There’s no way that would get approved today.

Driving is basically a grandfathered freedom from back when people cared less about pollution and danger and valued progress and liberty over safety. They had different equations related to human life then: We could lose 10,000 men in a single battle in a war and call it a victory.

Via Driving: Will nanny state take it away?--Frank J. Fleming - NYPOST.com.

A government that is big enough to give you everything you want is big enough to take everything away from you – including your Internet freedom.

...

It’s bizarre and entertaining to hear people who yesterday were all about allegedly benign and intelligent government interventions suddenly discovering that in practice, what they get is stupid and vicious legislation that has been captured by a venal and evil interest group.

Yeah, no shit? How…how do they avoid noticing that in reality it’s like this all the time?

...

So here’s a clue: the only way to keep your freedom – on the Internet or anywhere else – is to defend everyone else’s freedom as well, by keeping your government tiny and starved and rigidly constrained in what it can do. Otherwise, the future you’re begging for is SOPAs without end.

Please, read the whole thing. It's short. Via Armed and Dangerous » Blog Archive » SOPA and the oblivious.