Monday, June 30, 2025

Mamdoni, Scarcity Among the Well-To-Do, and a Change

On this day:
1520
Spanish conquistadors led by Hernán Cortés fight their way out of Tenochtitlan.
1559
King Henry II of France is mortally wounded in a jousting match against Gabriel de Montgomery.
1688
The Immortal Seven issue the Invitation to William (continuing the English rebellion from Rome), which would culminate in the Glorious Revolution.
1905
Albert Einstein publishes the article On the Electrodynamics of Moving Bodies, in which he introduces special relativity.
1908
The Tunguska event occurs in remote Siberia.
1934
The Night of the Long Knives, Adolf Hitler’s violent purge of his political rivals in Germany, takes place.
1971
The crew of the Soviet Soyuz 11 spacecraft was killed when their air supply escapes through a faulty valve.
1997
The United Kingdom transfers sovereignty over Hong Kong to the People’s Republic of China.

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"The invisible hand of the market, my ass. That hand is white and wearing a ring with a conflict diamond in it." --Mamdoni, humorously speaking from his narrow box of caste, caste hatred, and inherited guilt.  

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Germany arms up. 
It must grapple with a procurement bureaucracy that once took seven years to select a new main assault rifle and more than a decade to procure a helmet for helicopter pilots. It will have to oversee an enormous ramp-up by an arms industry already struggling with capacity. And billions must go towards tasks such as upgrading barracks, some of which are in “disastrous” shape with crumbling plaster and mould, according to the armed forces watchdog.--FT

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Spain midfielder Aitana Bonmati is being treated in hospital for viral meningitis.

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One of the authors of an anonymous Department of Human Health and Services (HHS) review published in May, penned an op-ed for the Washington Post on Thursday detailing how the report found that “gender-affirming” procedures for minors “rests on very weak evidence.”

This may be true, but it is much more revealing that the review was originally published anonymously.

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The P-G's article on the Stop the Violence fund is pretty shocking.

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Mamdoni, Scarcity Among the Well-To-Do, and a Change


"The goal of socialism is communism." - Vladimir Lenin


The impending election of Mamdoni in NYC reminds us why the drama masks symbolic of the theater are both tragic and comic. The worldwide symbol of American capitalism is about to elect a socialist mayor.

Because socialism doesn't work, its profile changes over time as it mutates in search of a pathway. It was once the religion of the working poor, but in NYC, its target market has changed to the educated middle class. This may not be simply indicative of declining education quality.

They have no rallying cry; there will be no singing marches, arm-in-arm. They don't represent a universal outrage and have little in common with historical revolutionaries. By most national standards, they would be successful, comfortable, and productive. But they are different; they are working people who want to live in a city they cannot afford.

One doesn't hear the usual socialist jealous claptrap; there is no unexplainable misallocation of assets to redistribute, no congenital animosity to resolve. These people feel they have a right to live in this expensive town, and they want money from others to facilitate it.

In a way, it is the gentrification of the entitlement mentality.

The attempt to govern has always been challenging because these local politicians lack the vision, integrity, and imagination to resist the countless tugs and pulls of special interest groups. Nor do they have a thoughtful, watchful Press. This election has introduced a new element, scarcity among the successful, an affliction historically of frontiers.

Some will say this will be a great educational experiment. But, aside from the customer, there is nothing new here. And high-speed wrecks don't teach much more than the obvious. Moreover, this has serious overtones. The city, country — even the West — has less money than expenses. That will impact what can be bought, what plans can be developed, what schools attended, and what charities continued. And what money can be transferred to whom. This, in a free and energetic culture, would ordinarily bring it to the 
point of challenge and choice, a point it should love but has learned to fear.

Is this a beginning or an end?

New York will dabble with the question first through Mr. Mamdoni. 

So I'm going to change this format for a while to include more comments on economic, especially socialist, questions.

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