Leftism

CNBC Has Competition

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It’s about time. CNBC is maddeningly journalistic rather than business-oriented in its style, and its news coverage and program selections are shot through with leftist, anti-business bias. You would think that a network devoted to markets and business would be run by people who actually know something about markets and business. Instead we get hot babes and snarky voiceover “analysis” from j-school hipsters who have all the elitist and group-thinking instincts of modern professional journalists. What a herd. Every once in a while they stumble onto something good and unique but not PC, like Kudlow or the WSJ editors’ show, but then they try to kill it by changing its scheduling and promoting the conventional-wisdom news show or screaming-asshole trading show of the moment in its place.

Finally, they are going to have real competition. This will benefit everyone other than CNBC’s owners and staff.

Subsidized Light Rail and Reactionary Politics

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Jim Miller has an excellent post on Portland, Oregon’s mass-transit boondoggles, and on the religious zeal and overarching intrusiveness of the Pacific Northwest’s political class in support of wasteful programs that most local citizens don’t want:

Some may wonder why I call Seattle reactionary. That seems obvious to me, but may not be to others, especially those on the left. On the whole, the political class in Seattle wants the races to be treated differently, is fond of 19th century technology, such as trollies and light rail, and generally wants to manage every detail of a citizen’s life. All of these, especially the last, are very old ideas. In fact, the last idea goes back to ancient Sumeria. I think it is fair to call their support for outmoded ideas, ideas that have not met the test of time, reactionary.

Worth reading in full.

Down in the Gutter With $30,600 a Year Plus Benefits

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The recent kerfuffle over the middle-class family of Graeme Frost who can’t “afford” medical insurance got me to thinking: Why do we think it unfair that some people must pay rather a lot for medical insurance?

Bonnie Frost works for a medical publishing firm; her husband, Halsey, is a woodworker. They are raising their four children on combined income of about $45,000 a year. Neither gets health insurance through work. Having priced private insurance that would cost more than their mortgage – about $1,200 a month – they continue to rely on the government program

Why do we as society seem to feel that a family who makes $45,000 should not have to accept the loss of lifestyle that paying $14,400 a year for medical insurance would entail?

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What Year is This?

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…because it increasingly seems that the first 3 digits must be one, nine, and three.

Denis MacShane, a British member of Parliament, writes:

Hatred of Jews has reached new heights in Europe and many points south and east of the old continent. Last year I chaired a blue-ribbon committee of British parliamentarians, including former ministers and a party leader, that examined the problem of anti-Semitism in Britain…Our report showed a pattern of fear among a small number of British citizens — there are around 300,000 Jews in Britain, of whom about a third are observant — that is not acceptable in a modern democracy. Synagogues attacked. Jewish schoolboys jostled on public transportation. Rabbis punched and knifed. British Jews feeling compelled to raise millions to provide private security for their weddings and community events. On campuses, militant anti-Jewish students fueled by Islamist or far-left hate seeking to prevent Jewish students from expressing their opinions.

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