Thursday, May 9, 2019

How Are Ya?

“If you think health care is expensive now, wait until you see what it costs when it’s free.” O'Rourke                               

More fallout for the NYC taxi cartel as prices of medallions continue to plummet as a result of the consumer-friendly competition from ride-sharing services like Uber and Lyft. Most medallion transfers in April (83% or 68 out of 82) were foreclosure sales, and prices were as low as $80,000 and an average sale price below $300,000. As recently as August 2014 NYC taxi medallions were selling for $1 million, so there’s probably been more Schumpeterian creative destruction in the transportation market than almost any other market in the five years. 
In essence, an arbitrary monopoly deteriorating to its true value, destroying many unwary in its wake. Unwary following the rules, bad rules but the rules.


A New Jersey high school yearbook adviser who was suspended after photos of two students were altered to remove President Donald Trump's name on their clothing is now suing the district.
A serious grownup deficit.


More from Andrew McCarthy: The FBI’s counterintelligence investigation (“Crossfire Hurricane”) was opened on the false pretense that a Russian agent named Joseph Mifsud confided to Trump adviser Papadopoulos that Russia had thousands of Clinton emails, which Papadopoulos told Australian diplomat Alexander Downer the Kremlin planned to publish in a manner timed to damage Clinton for Trump’s benefit. To the contrary, if you wade through the fine print of Mueller’s report, you learn that Mifsud was not a Russian agent; there’s a good chance he did not tell Papadopoulos anything about emails; in relating to Downer that Russia might have damaging information on Clinton, Papadopoulos said nothing about emails or about Russia trying to help Trump; but, two months after they spoke and the hacked DNC emails were published, Downer (in consultation with the Obama State Department) leapt to the overwrought conclusions that Papadopoulos must have been referring to those emails (he wasn’t) and that Russia and the Trump campaign must be collaborating to undermine the election (they weren’t).
This is looking worse and worse.

Binance, one of the world’s largest cryptocurrency exchanges, said hackers stole more than $40 million worth of bitcoin from its platform in what it called a “large scale security breach.”

Good article from Don on Hopkins' McHugh. A piece: "Dr. McHugh does not believe surgery cures gender dysphoria. He thinks that condition, along with anorexia and body dysmorphia, is a “disorder of assumption,” characterized by an “overvalued idea,” or a ruling passion that “fulminates in the mind of the subject, growing more dominant over time, more refined, and more resistant to challenge,” as he has written.
In the case of anorexia, the overvalued idea is that it’s good to be thin. The primary goal of the psychiatrist ought to be to help the patient change behavior. The prevailing standard of care for sufferers of gender dysphoria—“affirmative care”—is the opposite: It calls for mental-health professionals to accept both a patient’s self-diagnosis of gender dysphoria and the corresponding behavior.
On this day in 1960, one of the greatest hand grenades in social history was thrown into American culture when The Food and Drug Administration (FDA) approved the world’s first commercially produced birth-control bill–Enovid-10, made by the G.D. Searle Company.

                                 How Are Ya?

I was on a boat in the inland waterway recently. It was a lovely day and time, the water clear and smooth. We would pass other boaters--all strangers--wave and would move on. I would do the same with other motorcyclists years ago. There was no difference if the other boat was large or small--or, years ago, if the bike was 250cc or 1400. In both there was an intimation of some distinction, shared.

This reminds me of one of the common criticisms I hear of Americans: Our superficial friendliness. We are always saying "Hello," or "How are you?" This seems to drive Europeans nuts. On one hand they think it is insincere, on the other hand, intrusive. While it might be just a fragile habit signifying nothing, I think it's more.


Americans see themselves as individuals in a working community, like a seaport, everyone doing his job, everyone with his ambitions and plans. There is no hierarchy, no lord or master, no birthright. One's boss is a just guy with another job. The Americans share a common, daily struggle and they appreciate that in each other. Recent political techniques aside, they know they are equal in their struggles before the law and know their future is limited only by their ability, their work ethic and chance. Megan Markle would never upset them; indeed they would congratulate her. And they would be happy to bow or curtsy--albeit with a smile.

This is from a letter written 1847 by the German immigrant Phillip Best trying to persuade his relatives to leave Germany and join him in Milwaukee as it appears in The Pabst Brewing Company by Thomas C. Cochran. It gives an idea of how the European sees America as political and religious life turned on its head with freedom from government and religion, a war fought by volunteers, and rich, rich land. A land distinguished by work and effort, not blood and soil.

"One beholds here how the farmer lives without worries. ... In Germany no one knows how to appreciate the liberty to which every human being is entitled by birth, only here in America can he experience it. Here the farmer may speak as freely as the nobleman and the scholar, everyone may express his opinion in accordance with his knowledge and judgment, for all the laws depend upon the people, and all the officials as well; that is, the people get together and elect them the way the burgomasters are elected in Germany, and they receive no more remuneration than they need for a reasonably good living. There is a tremendous dif­ference, here the officials and priests are dependent upon the people, and in Germany the people are dependent upon the officials and priests. The preachers' trade is a poor business here, they have to toil at it in the sweat of their brows."
Milwaukee, May 10, 1847

This is what drives the Europeans nuts.

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