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Today

Dial Bastiat

On June 30, 1801, Frédéric Bastiat was born. Bastiat became one of the most important French Liberal School economists, following Condilliac and Jean-Baptiste Say, best known for his books Economic Harmonies and Economic Sophisms and two monographs, “The Seen and the Unseen,” and “The Law.” He was a brilliant stylist and perceptive critic of state-managed trade. His influence on conservative, libertarian and “limited-government thought” has been vast. He died on Christmas Eve, 1850.

The emergency number of “999” was introduced in London, June 30, 1937, the first of its kind — arguably the best innovation in government service in modern times.

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crime and punishment subsidy

Taken for Billions and Billions

The U.S. Small Business Administration’s (SBA) pandemic assistance loan programs didn’t go off sans hitch. 

“Over the course of the Coronavirus Disease 2019 (COVID-19) pandemic, SBA disbursed approximately $1.2 trillion of COVID-19 Economic Injury Disaster Loan (EIDL) and Paycheck Protection Program (PPP) funds,” explains a report from the SBA’s Office of Inspector General. “The economic assistance was intended to help eligible small business owners and entrepreneurs adversely affected by the crisis.” 

You might think that $1.2 trillion would do the job, if anything could.

But of course there was “a hitch” — it’s the thing in government we are never “without.”

The hitch was fraud.

“So far,” writes Eric Boehm at Reason, “investigations into COVID-related fraud have netted 1,011 indictments, 803 arrests, and 529 convictions. The joint efforts of the SBA, U.S. Secret Service, and other federal agencies have resulted in nearly $30 billion in COVID funds being seized or returned to SBA. . . .”

But that’s not even a quarter of it. The Inspector General’s report indicates that the SBA made 4.5 million loans to fraudulent recipients, and the full estimate of their loot is $200 billion — more than 15 percent of the total. 

No mystery, though. “It is noteworthy that SBA executed over 14 years’ worth of lending within 14 days, and this was just the beginning.”

Politicians’ make-believe would have us thinking they can just command things to happen and they do. “Everything is possible.” Because, well, “government.” Or “willpower.” Or what-have-you.

Well, losing hundreds of billions is always on the table.

This is Common Sense. I’m Paul Jacob.


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Thought

C. S. Lewis

When equality is treated not as a medicine or a safety-gadget, but as an ideal, we begin to breed that stunted and envious sort of mind which hates all superiority.

Clive Staples Lewis, “Equality,” The Spectator, Vol. CLXXI (August 27, 1943).
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Today

WWI

On June 29, 1914, the day after the shooting of the Archduke Ferdinand and his wife, Austrian interrogations confirmed that the Serbian government was behind the assassination. Serbia denied involvement.

Thus continued the series of events that led to “The Great War,” now known as “World War I.”

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Internet controversy national politics & policies political challengers

A Simulacrum of Solace

If you had thought about it at all, you may likely have hoped that artificial intelligence’s spread of popularity this last year would halt its “viral” spread short of politics. In a June 25 New York Times article, Tiffany Hsu and Steven Lee Myers dash your hopes.

Regular readers of this column are familiar with one use of AI: images constructed to arrest your attention and ease you into an old-fashioned presentation of news and opinion, written without benefit of AI. 

But our images are obviously fictional, fanciful — caricatures. 

One advantage of AI-made images is that they are not copyrighted. Using them reduces expenses, and they look pretty good — though sometimes they are a bit “off,” as in the case of a Toronto mayoral candidate’s use of “a synthetic portrait of a seated woman with two arms crossed and a third arm touching her chin.”

But don’t dismiss it because it’s Canada. Examples in the article include New Zealand and Chicago and . . . the Republican National Committee, the DeSantis campaign, and the Democratic Party. 

Indeed, the Democrats produced fund-raising efforts “drafted by artificial intelligence in the spring — and found that they were often more effective at encouraging engagement and donations than copy written entirely by humans.”

Yet, here we are not dealing with fakery except maybe in some philosophical sense. Think of it as the true miracle of artificial intelligence, where heuristics grab the “wisdom of crowds” and apply it almost instantaneously to specific rhetorical requirements. Astounding.

There’s a lot of talk about regulating and even prohibiting AI — in as well as out of politics. After all, science fictional scenarios featuring AI becoming sentient and attacking the human race precede The Terminator franchise by decades. 

I see no way of putting the genie back in the bottle. 

The AI will only get better, and if outlawed will go underground. It would be a lot like gun control, only outlaws would have AI.

We cannot leave deep fakery to the Deep State.

This is Common Sense. I’m Paul Jacob.


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Winston Churchill

Dogs look up to you, cats look down on you. Give me a pig! He looks you in the eye and treats you as an equal.

Winston Churchill, as cited in Churchill by Himself (2008), p. 535.
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Today

June 28

June 28 birthdays include that of Jean-Jacques Rousseau, philosopher, in 1712.

On this date in 1914, 19-year-old Gavril Princip assassinated Archduke Franz Ferdinand, heir to the Austrian throne, and the Archduke’s wife Sophie. The Archduke had earlier missed a bomb thrown at his car, which necessitated a change in the motorcade route, which the driver forgot, which is why the car paused at the precise intersection in which Princip fired his fatal shots.

The shooting began a series of events that led to “The Great War,” now known as “World War I.”

On June 28, 1992, the Constitution of Estonia was signed into law.

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incumbents insider corruption judiciary term limits

Term Limits for Thee

Last Sunday, former White House press secretary Jen Psaki, now with her own MSNBC program, asked Representative Nancy Pelosi (D-Calif.) about packing the Supreme Court. 

Rep. Pelosi’s response was, shall we say, telling.

“It’s been over 150 years since we’ve had an expansion of the court,” Pelosi said. “It was in the time of Lincoln that it went up to nine. So the subject of whether that should happen is a discussion. It’s not, say, a rallying cry. But it’s a discussion.”

Ms. Psaki also asked about term limits for the justices, and Nancy eagerly endorsed the idea, insisting there “certainly should be term limits. There certainly should be and if nothing else, there should be some ethical rules that would be followed.”

Justices aren’t getting as rich as congressmen . . . but still.

“I had one justice tell me he thought the other justices were people of integrity, like a Clarence Thomas,” Pelosi went on. “I’m like, get out of here.”

This plays as comedy off the MSNBC channel, of course. Nancy Pelosi, introduced by Psaki as being in Congress for a long, long time (“first elected to the House when Roe v. Wade had been the law of the land for 14 years”) is herself a fit poster ch — er, octogenarian — for establishing legislative term limits. Highlighting the High Court’s dip in popularity, Pelosi scoffed that the 30 percent approval “seemed high.” Of course, congressional approval is ten percentage points lower, and has been consistently. 

Limits to power is something that applies to others, not oneself, I guess.

With permanent leaches at the teat of the State lingering year after year in office, like Pelosi, our attitude should be, like, get out of here.

This is Common Sense. I’m Paul Jacob.


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Vilfredo Pareto

Society is not homogeneous, and those who do not deliberately close their eyes have to recognize that men differ greatly from one another from the physical, moral, and intellectual viewpoints.

Vilfredo Pareto, Manual of Political Economy (1927, Ann S. Schwier, trans., 1971), p. 281.
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Today

Martyrs & Anarchists

In 1556 on this date, the thirteen Stratford Martyrs were burned at the stake near London for their Protestant beliefs. In 1844, Joseph Smith, founder of the Latter Day Saint movement, and his brother Hyrum Smith, were killed by a mob at the Carthage, Illinois jail.

Paul von Mauser was born on June 27, 1838, and would go on to become a weapons designer. In 1869, Emma Goldman was born, to later become known as a feminist, anarchist, and early leftist opponent of Soviet Communism. In 1880, Helen Keller was born on this date — and she, too, was an anarchist “of the left.”