"He's a snake in the grass, I tell ya guys; he may look dumb but that's just a disguise; he's a mastermind in the ways of espionage." Charlie Daniels, "Uneasy Rider" June 2010 - Posts - TT's Lost in Tokyo

June 2010 - Posts

0
Comments

Fun with "libertarian" caricatures by TokyoTom

I ran into a blog post by biologist PZ Myers , consisting mainly of a cartoon presenting a "taxonomy" lampooning "libertarians ". Some of the funning might hit close to home, but it is apparent that libertarians are more than a little...
4
Comments

Limited liability & financial crisis (& BP): someone else sees the obvious "black swan" of executive/trader moral hazard after investment banks went corporate by TokyoTom

A libertarian analysis of the corporate form, particularly the state grant of limited liability to shareholders , does not begin and end with the question of whether such a government intervention has any libertarian justification (it clearly does not...
0
Comments

Four-minute Cliff Notes of Hayward's "truth-telling"; Or, corporations are victims, too by TokyoTom

We obviously need real frankness and anger, but incentives of Congresscritters and lawsuit defendants lead us into confused farces: tony hayward testimony video n 616690.html More here: http://www.huffingtonpost.com/2010/06/17/tony-hayward-testimony-video_n_616690...
0
Comments

Satire on the Oil Spill at the Australian Broadcasting Corp. by Clarke and Dawe by TokyoTom

"The first thing to do is to underestimate the problem ...." "Regulations? I never heard of it either, but keep bloody looking." Original and transcript here: http://www.abc.net.au/7.30/content/2010/s2917782.htm
0
Comments

Reality and duelling parodies: Israel caves to YouTube Hitler rant about Israel's botched raid on Turkish aid ship, calls off blockade by TokyoTom

Well of course the lifting of the blockade was only partial, but I still found the following Hitler parody video (I noted this interesting genre earlier ) both rather prescient and notable because of its unusual slant, placing Hitler as a parody spokesman...
0
Comments

WSJ provides great coverage of big jump in BP lobbying focussed on Obama, Dems, but uninterested in Cheney's secret meetings by TokyoTom

1. The Wall Street Journal published an interesting piece on May 27 by Elizabeth Williamson on BP's pro-drilling/damage control lobbying: BP Aims to Avoid Fresh Restrictions on Drilling , but it seemed to me that it too quickly skated past the eight...
2
Comments

More about "the biggest victim", BP, and how we can help it end its "victimization" by TokyoTom

Is it too much to ask to have a little more light of Austrian analysis thrown on BP? I've asked Lew Rockwell and Stephan Kinsella not simply about the moral calculus that leads them to assert that BP is the biggest victim of its own decisions that...
1
Comments

Eve of Destruction: As a result of conservatives' quasi-religious love of corporations and statist capitalism, Al Franken's comments about the Supreme Court actually seem perceptive by TokyoTom

1. As prologue, I refer to my earlier posts on (1) corporate "free speech", campaign contributions and the recent Citizens United decision , and (2) grants by states of corporate status, especially so-called "limited liability" (zero...
0
Comments

Erosion: More on why efforts to stop the oil gusher failed and the likelihood of catastrophic well failure/completely open hole by TokyoTom

Yes, another BP post ! I excerpt below comments by an apparently very knowledgable "dougr" that I saw at The Oil Drum, and which have subsequently been given prominence - and extensively quoted - by Sharon Astyk at ScienceBlogs ( Worst Case...
1
Comments

Disturbing news/views on the manageability of the BP gusher by TokyoTom

[I've switched this around to reverse chronological order; most recent first.] I note that some of the scariest views come from Matt Simmons , someone who has long experience with and good contacts in the oil industry, though conversant is not a technical...
5
Comments

The Eve of Destruction: Excellent post on how Government and statist corporations like BP are stifling community responses to the unfolding Gulf disaster by TokyoTom

Yes, another BP post ! Another Avatar post, too! Following a trail of crumbs, I have just chanced upon an insightful post at the "On ALLiance" group blog of left libertarians . The post, a reader submission on June 13 by "Keith" is...
1
Comments

On ocean drilling, it's time for Ron Bailey, oil flack (and other libertarians), to meet Ron Bailey, "tragedy of the commons" guru and to stand up for the Oil Serfs by TokyoTom

Yes, another BP post ! I was a bit critical in my last post of Ron Bailey's suggestion that a gross "cost-benefit" analysis was a sufficient basis for supporting risky ocean drilling activities, without regard to the institutional structure...
2
Comments

Sad: in a numbskull post, "libertarian" Ron Bailey touts cost-benefit analysis as justification for offshore oil drilling, ignores issues of who benefits, who loses & who decides by TokyoTom

Given the dearth of sensible libertarian commentary at LvMI on the ongoing Gulf of Mexico disaster, I thought I'd see if Reason Online's science reporter Ron Bailey had anything useful to say. (I've occasionally found Bailey's comments...
0
Comments

A handy list of TT posts on BP, the Tragedy of the Government-Owned Commons, Corporations and Oil Serfdom by TokyoTom

For a preceding post, I put together an index to my posts to date, and thought it might be useful to bump it up to a more neasily accessible stand-alone post. In case anyone has missed it, I've done quite a bit of posting on the BP problem , in a...
1
Comments
More Posts Next page »