TOM WOLFE’S VIEW OF TRUMP

Tom Wolfe says to The American Spectator:

There is a lot of distress and contempt for government and he is capitalizing on that. He has also said a lot of things that are politically incorrect. He comes out and says things like, no more illegal immigrants from Mexico, no more immigrants from Islamic countries, and so on, and a lot of people say, “Hey, yeah, finally, someone has come out and said what I believe.”

Trump is not caught up in the whole ethos of politics. He goes from gaffe to gaffe and it only helps him. I have never seen anything quite like it.

You would think, for example, that his refusal to be on a television program with Megyn Kelly [at Fox News] would hurt him. My God, if you can’t debate Megyn Kelly, what are you going to do with Vladimir Putin? But it didn’t hurt him at all. That seemed to help him also.

I love the fact that he has a real childish side to him, saying things like: I am too worth ten billion! Most politicians would play that down, that they have all this money, but he is determined to let people know that. And he wants people to know that five billion of it comes from just his name—that you can start a hotel and call it Trump and it is going to be a success.

He is a lovable megalomaniac. People get a big kick out of going to his office and behind his desk is this wall of pictures of himself in the news. The childishness makes him seem honest.

Many people have pointed out that he doesn’t present policy programs. There is a great scene in one of George Bernard Shaw’s novels involving an old politician who is talking to his young assistant, and they are going over a speech that he is about to deliver. The young man says, “Sir, what you have said is all principles. There are no programs.” And the old politician says, “Ah, now you are catching on, now you are getting the idea.” That seems to be Trump’s approach…

It is going to be a much more fascinating election than I would have thought. And I have noticed that in publishing, for example, companies are postponing a lot of books, unless they are political, because they think that there is going to be so much interest in this election that people aren’t going to be out buying books.

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Crime Wave In Tannum Sands!

My mate had his screwdriver stolen right near Booth Avenue (named after my mother’s side of the family). He complains: “The Anglo-Saxon trash we have around here. All the crime around here is committed by white trash. If we could get a decent community, 90% asian, 8% German and a few Anglos to pick up the trash, we could have a decent community. You are lucky over there. You don’t have as many Anglos. All the crime committed on my premises is by Anglos. Never anyone named Rodriguez or Rishawn. Trashy people. Ship them off and leave just a few to do the garbage.”

190px-Australia_Queensland_location_map.svg

Tannum Sands.

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Clinton to Fundraise at L.A. House of Tax Evading Clinton Foundation Donor Peter Lowy

I doubt the Jewish Journal of Los Angeles covered this story.

From the Washington Free Beacon June 19, 2015:

Hillary Clinton will attend a $2,700-a-plate luncheon on Friday at the Beverly Hills home of a man who was investigated by the Senate for hiding $68 million in assets in an offshore tax haven.

Peter Lowy, who was born in Australia but is a U.S. citizen, is chief executive officer of the Westfield Group, one of the world’s largest owners of shopping malls. The company was founded by his father, Frank Lowy, and is controlled by the Lowy family.

The family came under fire in 2008 when a report from then-Sens. Carl Levin (D., Mich.) and Norm Coleman (R., Minn.) alleged that the Lowys were hiding $68 million in a Lichtenstein tax haven called the LGT Group.

The relationship between the Lowys and the LGT Group began in 1997 when the family started a Lichtenstein foundation worth $54 million. It grew to $68 million by 2001 when the foundation was dissolved.

The information came during an investigation by the Senate Permanent Subcommittee on Investigations into LGT Group and others that were being used as tax shelters.

“LGT was aware that Mr. Lowy and his sons were hiding assets in the new foundation,” according to the report.

Lawyers for Lowy maintained that he did nothing against the law and that “businesses all over the world use a variety of tax structures to legitimately protect their assets.” He said all the money was given to charity.

Lowy, however, refused to cooperate with the Senate investigation. He invoked his 5th Amendment right against self-incrimination during a hearing held by the committee.

“Senator, I’m sorry, I mean no disrespect. But on the advice of my counsel I assert my rights under the 5th Amendment of the United States Constitution not to answer any questions,” said Lowy.

His lack of cooperation did not end there. Levin said the Lowy family refused to hand over documentation of the charitable donations to his subcommittee.

Lowy was also accused during the hearing by Coleman of taking “a red-eye flight to Australia” to avoid a subpoena.

An investigation into the Lowy finances carried out by the Internal Revenue Service (IRS) led to further efforts in Bermuda to hide assets that should have been taxed by the United States.

The Friday fundraiser for Hillary Clinton is not the beginning of the Lowy relationship with the Clinton family. The earliest recorded instance came in 1995, when Bill Clinton’s presidential campaign received donations from multiple Lowy family members.

Both Lowy and his wife Janine Lowy also made the maximum allowed contribution to Hillary Clinton’s 2008 presidential campaign. They also both donated to Clinton’s 2006 Senate campaign. The couple’s political giving to federal candidates totals over $1 million and remains active.

Lowy has also given between $50,001 and $100,000 to the Clinton Foundation, and made donations as recently as last year. His company, the Westfield Corporation, has also made Clinton Foundation donations in the same range.

Wall Street Journal Mar. 15, 2016:

Upscale Mall Landlords Pay Up to Stay Chic
Taubman to spend $500 million, Westfield $800 million to renovate L.A. shopping centers
Peter Lowy, co-CEO of Westfield, said the firm has been planning the renovation of Century City for a decade, including buying an adjacent property to allow for the expansion. “Markets change. Markets move,” he said.

The redevelopment will create space for a new anchor store, as well as additional parking, a key amenity in Los Angeles. When the project is done, Century City will have 1.2 million square feet of space, up from roughly 800,000, according to the firm.

Westfield owns 34 shopping centers in the U.S. and the U.K. It also spends money to redevelop lower-profile properties, Mr. Lowy said, “but not like this.”

Sydney Morning Herald: “On the same day that official statistics showed the nation’s wage growth has eased to record lows, Westfield revealed it had forked out a staggering $US32.1 million ($A44.4m) to keep its top three executives fed over the 12 months to December 31, including handsome payments to two of chairman Frank Lowy’s sons, Peter and Steven Lowy.”

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Would Obama Want His Daughters To Date A Michael Brown, Trayvon Martin Type?

Steve Sailer writes: “For example, in Baltimore last year, you had black riots over a black career criminal dying at the hands of black cops in a city with a black police chief, black DA, and a black mayor, in a country with a black attorney general and a black president promoting #BlackLivesMatter.”

Comments to Steve Sailer:

* This economist acts like the police are killing law abiding old Black church ladies and not Omar Little types from The Wire.

The type of Black men who are being killed by the police are not the type of men that the econonmist would want his daughter to date once she turns 18, that is if he has a daughter.

Secretly I don’t think even Hussein Obama would want any of his daughters to date Michael Brown, if he was still alive. He would have been a bad thug influence on his daughters. He would want his daughters to date Black men who are part of the talented tenth. Significantly younger versions of Dr. Ben Carson, Thomas Sowell, Herman Cain, and Henry Louis Gates Jr.

* A life-long friend is an economist who heads a university MBA program. He has some books to his credit. I have noticed that he has been wrong and often backward in the most significant claims and predictions he has made in his specialty.

He keeps original assumptions he’s had since I knew him in high school, and all the BS has been piled on top of them. If only those givens had been true…

Nevertheless, I remain his friend — and he still gets to run a university program.

Anonymously, I say economics is a crock. (Excepting micro principles applied to running a business)

Economists remind me of stockbrokers: seldom right, but perfectly happy to put on suits and get paid for being experts. No, economists are even worse, because they also gladly write things to push political agendas.

* …almost all good human traits are correlated, both on an individual and group basis. Good table manners are correlated with honesty, IQ is correlated with creativity, good health is correlated with good looks, verbal IQ is correlated with math IQ. It goes on and on. A lazy social scientist could churn out 1000 studies showing one positive trait is linked to another.

* Can you think of any US University that has an economics department with a number of professors teaching the truth about mercantilism and “free trade”? Can you think of any major US economics professors who write the same?
For proof that free trade is an “Anglo” conceit and delusion just go to any strong intelligent NE Asian nation (Japan, Korea, China, Taiwan etc) and see what is taught in their university economics departments. Somehow I doubt it is free trade theology-ideology and pro-immigration ideology. China’s President once told GW Bush that his biggest challenge was providing 20 million new jobs each year. Such an attitude does not allow for immigration and I don’t blame them.

* So basically we have an…Economics professor, Aaron Acemoglu, who has very little understanding of or respect for American or British history.

Yet Acemoglu has nonetheless has become famous for writing a kind of vapid “Virtue Signaling” brand of pseudo economics explaining all we need to know about how bad the evil West has exploited the third world and non-white races.

And Acemoglu having absolutely no understanding of evolution or HBD is being interview by the charlatan “Evolutionary Biologist” David Sloan Wilson who pushes the repeatedly discredited yet politically correct version of Human Evolution known as “Group Evolution Theory”.

Well at least Acemoglu is an outspoken advocate of marijuana legalization on purely economic principles grounds.

* There’s always a demand for guys like Acemoglu who can be relied on to deny that racial differences matter, or even exist. Gladwell and Jared Diamond are two others who spring to mind. How many gifted scholars have been put off doing historical/economic/social research because they knew their conclusions would ruin their careers if they discovered race played a part in whatever they’re trying to explain? People are watching and taking notes. The SPLC includes scholars like Charles Murray, Henry Harpending and Garrett Hardin on its “List of Extremists”.

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WSJ: Japanese Lawyers’ Problem: Too Few Cases

Comments to Steve Sailer:

* Japanese apparently aren’t suehappy. Not yet, anyway. It’s hard to feel sorry for the lawyers.

Japan already has a system that works, though, at least for consumer product stuff. The head of the transgressing company is publicly humiliated (which is a much bigger deal to a Japanese person). He gets in front of the camera and bows and scrapes and cries until the victims are satisfied.

The bureaucracy is incredibly powerful – you wouldn’t be too far wrong to say politics is mostly a side show, and the real power is in the bureaucracy. It’s the bureaucracy that makes sure everyone plays their parts.

* There is a good old independent movie called Let’s Kill All The Lawyers that specifically mentions Japan having (at the time) far more gardeners than lawyers as proof of their societal harmony.

* Japan has idle lawyers, homogeneity and low crime. Syrians, Sudanese, and Afghanis can solve all three “problems.” Sounds to me like a match made in heaven.

* My brother lives in Japan. Years ago, he was visiting me and I had “The McLaughlin Group” on, with all the panelists shouting over each other as usual. I asked my brother if they had shows like that in Japan. He said, “No, in Japan most people pretty much agree on everything.”

Of course, the Yakuza provide certain services that otherwise might be handled by attorneys, like persuading a homeowner to sell a property that a developer has his eye on.

* ‘Undercover Economist” Tim Harford in the FT admits that against the received wisdom of economists Trump is right that free trade can be highly destrutive. But like a good economist he alludes to Ricardo and conveniently ignores the notion that China et al might be engaged in industrial scorched earth policies designed to lock in long-term dominance.

“Fifteen years ago, the conventional economic wisdom was that free trade was almost unambiguously a good idea. Here’s the basic logic. There are two ways for the British to get hold of wine. We can grow and press our own grapes, or we can make something that the French want and trade with them. If we’re good at making, say, computer games and the French are good at making wine, then trading is the better way to get what we want.

The idea that we might, Trumpishly, “beat the French in trade” sounds appealing but is incoherent. And while a British Sanders might point to the loss of jobs in the UK wine industry, that would miss the gains in the software industry. There is little economic difference between a tariff on the import of French wine and a tariff on the export of British software…

“In the long run, of course, that adjustment will happen — just as we have adjusted to the decline of agricultural labour or the need for typewriter repairs. But the long run is longer than many economists feared. It is easy to see why supporters of Trump and Sanders have run out of patience.”

http://timharford.com/

Harford quotes a paper “The China Shock” by Dorn et al that notes that imports from China caused 2.4 million Americans to lose their jobs between 1999 and 2011, adding that this figure was likely too low.

That gloomy paper closes brightly by suggesting that as China moves up into being a Middle Income country rising labour costs will undercut its exporting prowess. Nowhere does the paper discussed China’s multilayered resistance to imports, its coordinated dumping actions and the widely accepted national policy of de facto mercantilism in regards the outside world.

* I love how they have the gall to keep printing stories about how terrible it is that rentier types like developers, landlords and lawyers have it in Japan as if the average person in the West looks at this as anything other than a utopia. Maybe lower house prices and higher wages due to lower labour supply will spur Japanese people to start families earlier, both reducing the generation time and leading to higher TLF for women. Maybe Japanese people could take more time off (Like something resembling the working hours of a human rather than say a printer) and have time to start relationships?

* Several years ago, there was an upsurge in the number of labor cases (e.g., wrongful termination or reduction in hours, wages etc.) brought in Japan. The Japanese responded with a specialized system of labor arbitration panels. If Japanese lawyers have too little work, perhaps that system succeeded. As a general rule, the only people who make money in courts are lawyers–it’s almost always better to settle things, especially commercial disputes, amicably between the parties.

* I work with the Japanese and do see they stay working very late. In my experience, no one will leave the office until their manager leaves.

More on point, Japanese are extremely non-litigious. And more and more of the M&A work there consists of Japanese firms buying non-Japanese assets, and foreign firms are used for those deals. The Japanese also use non-lawyer specialized professionals to do a great deal of the work done in the US by lawyers (scriveners and IP professionals).

* In a society where people view themselves as part of a whole, they don’t attack each other.

In a society where people view their family as distinct from the mass of society and not part of it, there is a lot of litigation.

In completely unrelated news, Jews are a large percentage of lawyers in the U.S.

In other completely unrelated news, the stereotype of the Irish-conman-lawyer was once common in the late 19th and early 20th c. America, only to disappear as the mass of Irish moved into the middle and upper classes.

* Chrysler Corporation used to own 30% of the stock of Mitsubishi and had to sell it off during the early 90s when the country was in recession and they came very close to bankruptcy (their bonds were junk rated).

I remember reading articles about the meetings between the Chrysler and Mitsubishi management and how the Japanese were amazed at how the US management wanted everything locked down tightly in contracts while the Japanese were more willing to agree on general principles and if there was a conflict negotiate to come to some mutual agreement.

One is a screw-you-any-chance-I-can mentality and the other is more of a give and take for mutual benefit mentality.

* Last year the WSJ reported that the Japanese government was forcing all 86 public universities to downsize their liberal arts programs and add more business and vocational programs.

This article mentions an increase in child custody cases. Afaik, Japan does not recognize dual custody and the police and government don’t want to get involved in disputes. Perhaps the custody cases are being filed by bewildered foreigners like the ones in this video.

* Dear Japan, you are obviously doing a lot of things right. If you feel the feedback you are getting from the West is incoherent and backwards – you are correct. Disregard all advice from the NY Times crowd. We are stuck in it’s muck and trying to recover.

* Sweden used to have similar problems. Lots of rape counselors, policemen, judges with nothing to do. These are booming professions now.

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