Labor Day

On this day:

70
A Roman army under Titus occupies and plunders Jerusalem.
1191
Third Crusade: Battle of Arsuf – Richard I of England defeats Saladin at Arsuf.
1812
Napoleonic Wars: Battle of Borodino – Napoleon wins a Pyrrhic victory over the Russian army of Alexander I near the village of Borodino.
1864
American Civil War: Atlanta, Georgia, is evacuated on orders of Union General William Tecumseh Sherman.
1940
World War II: The Blitz – Nazi Germany begins to rain bombs on London. This will be the first of 57 consecutive nights of bombing.
1942
Australian and US forces inflict a significant defeat upon the Japanese at the Battle of Milne Bay.
1977
The Torrijos-Carter Treaties between Panama and the United States on the status of the Panama Canal are signed. The United States agrees to transfer control of the canal to Panama at the end of the 20th century. The world still awaits an explanation of the thinking here.
1978
While walking across Waterloo Bridge in London, Bulgarian dissident Georgi Markov is assassinated by Bulgarian secret police agent Francesco Giullino by means of a ricin pellet fired from a specially-designed umbrella. In many cultures, the advancement of homicide underlies the major technology.
1996
American Hip-Hop star Tupac Shakur is fatally shot four times on the Las Vegas strip after leaving the Tyson-Seldon boxing match. Mr. Shakur was the author of the famous line, "We're afraid of the same people you white people are."
2008
The US Government takes control of the two largest mortgage financing companies in the US, Fannie Mae and Freddie Mac.

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"In fact, it would be more accurate to say that what makes America unique isn’t slavery but the effort to abolish it. Slavery is among the oldest and most ubiquitous of all human institutions; as the Times series’ title indicates, American slavery predated the American Revolution by a century and a half. What’s unique about America is that it alone announced at birth the principle that all men are created equal—and that its people have struggled to realize that principle since then. As a result of their efforts, the Constitution today has much more to do with what happened in 1865 than in 1776, let alone 1619. Nothing could be more worthwhile than learning slavery’s history, and remembering its victims and vanquishers. But to claim that America’s essence is white supremacy is to swallow slavery’s fatal lie."--Timothy Sandefur

1619 was a historical incident. 1776 was the revolutionary idea, unfinished until 1865. Slavery is bad enough. Making slavery more than that is grotesque.

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Karaoke Nation: Just like everyone thinks they can sing, so many think they can govern. But only a special breed grabs the mic.

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Explosions at an Italian shell factory. Jammed signals around the Baltic Sea. Drones and munitions found at a German airport. Disruptions in transportation, trade, and commerce.

With diminishing gains on the battlefield of an increasingly unpopular war, Moscow has turned its attention towards soft targets in Europe. With the diminishing returns of strikes on military and civilian targets in Ukraine, the Russian military and security services are leveraging the openness of European democracies to attack civilian and military targets through sabotage operations.

Germany and other large Western European countries may join the central and eastern European members of NATO and the EU in providing intelligence resources and enabling active measures against the Russian war machine. In lieu of a risk-averse policy of de-escalation and appeasement, we could see the start of a tit-for-tat campaign by the Europeans against Russian assets.--Vindman


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Amy Acton, Democratic candidate for Ohio governor, was the target of an attack on Sunday during a campaign stop at the Canfield Fair, campaign officials said.

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Cruz against lefties has a 40.6% strikeout rate.

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Labor Day


A Labor Day parable I stole off a blog:

A guy looked at my Porsche the other day and said I wonder how many people could have been fed for the money that sports car costs. I replied I am not sure, it fed a lot of families in Bowling Green, Kentucky who built it, it fed the people who make the tires, it fed the people who made the components that went into it, it fed the people in the copper mine who mined the copper for the wires, it fed people in Decatur IL, at Caterpillar who make the trucks that haul the copper ore. It fed the trucking people who hauled it from the plant to the dealer and fed the people working at the dealership and their families. BUT,… I have to admit, I guess I really don’t know how many people it fed.

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Another thought on labor for Labor Day.

"Growing cotton, further, unlike sugar or rice, never required slavery. By 1870, freedmen and whites produced as much cotton as the South produced in the slave time of 1860. Cotton was not a slave crop in India or in southwest China, where it was grown in bulk anciently. And many whites in the South grew it, too, before the war and after. That slaves produced cotton does not imply that they were essential or causal in the production.

Economists have been thinking about such issues for half a century. You wouldn’t know it from the King Cottoners. They assert, for example, that a slave was “cheap labor.” Mistaken again. After all, slaves ate, and they didn’t produce until they grew up. Stanley Engerman and the late Nobel Prize winner Robert Fogel confirmed in 1974 what economic common sense would suggest: that productivity was incorporated into the market price of a slave. It’s how any capital market works. If you bought a slave, you faced the cost of alternative uses of the capital. No supernormal profits accrued from the purchase. Slave labor was not a free lunch. The wealth was not piled up.
….
We need to stop using the history of slavery to bolster anti-capitalist ideology. Ingenuity, not exploitation by slavery or imperialism or finance, is the story of the modern world."--McCloskey