Old narratives die hard

PD*27270710A Russian criminal court sentenced former OAO Yukos chairman and CEO Mikhail Khodorkovsky to another seven years in prison last week. As if on cue, the mainstream U.S. media reported on the event as a reflection of the capricious and arbitrary nature of the Russian legal system.

We really are better than those corrupt Russians, aren’t we?

Meanwhile, the mainstream media continues to neglect — and often promotessimilar mistreatment and persecution of business executives in the U.S. I mean, really. Would R. Allen Stanford fare much worse in a Russian prison than he has in U.S. jails?

And to that the unnecessary and shameful criminalization of large segments of American society in other respects and you start wondering whether those writing for the mainstream media have any idea of what is going on in their own backyards?

Yeah, Russian criminal justice system is corrupt. The U.S. system is far superior.

Old narratives die hard.

So Long 2010

The only thing better than this political ad from the 2010 campaign was the target study that concluded that it would be effective. You gotta love Arizona politics:

And amazingly, the foregoing political ad was pretty restrained in comparison to this classic plaintiff’s lawyer’s ad:

By the way, while growing up in Iowa City, I never realized that Cedar Rapids 20 miles to the north was such an interesting place:

Happy New Year!

Deepwater Horizon and the Gulf

Deepwater HorizonDon’t miss a couple of interesting articles from this past weekend regarding the Deepwater Horizon blowout in the Gulf of Mexico this past April.

First, this thorough NY Times article (and accompanying slideshow) focuses on the destruction of the Horizon rig, which was a distinct from the blowout itself:

It has been eight months since the Macondo well erupted below the Deepwater Horizon, creating one of the worst environmental catastrophes in United States history. With government inquiries under way and billions of dollars in environmental fines at stake, most of the attention has focused on what caused the blowout. Investigators have dissected BP’s well design and Halliburton’s cementing work, uncovering problem after problem.

But this was a disaster with two distinct parts – first a blowout, then the destruction of the Horizon. The second part, which killed 11 people and injured dozens, has escaped intense scrutiny, as if it were an inevitable casualty of the blowout.

It was not.

Nearly 400 feet long, the Horizon had formidable and redundant defenses against even the worst blowout. It was equipped to divert surging oil and gas safely away from the rig. It had devices to quickly seal off a well blowout or to break free from it. It had systems to prevent gas from exploding and sophisticated alarms that would quickly warn the crew at the slightest trace of gas. The crew itself routinely practiced responding to alarms, fires and blowouts, and it was blessed with experienced leaders who clearly cared about safety.

On paper, experts and investigators agree, the Deepwater Horizon should have weathered this blowout.

This is the story of how and why it didn’t.

Meanwhile, this Robert Nelson/Weekly Standard article points out that it now is becoming apparent that the Gulf of Mexico suffered remarkably little damage from the oil spill that resulted from the blowout:

Oddly enough, however, the ecosystem of the Gulf itself turns out to have suffered remarkably little damage from the continuous gushing of oil into the water from April 20 till July 15, when the leaking well was capped. One group of scientists rated the health of the Gulf’s ecology at 71 on a scale of 100 before the spill and 65 in October. By mid-August, the National Oceanic and Atmospheric Administration (NOAA) was having trouble finding spilled oil. This squared with the finding of researchers from the Lawrence Berkeley National Laboratory in California that the half-life of much of the leaking oil was about three days. At that rate, more than 90 percent would have disappeared in 12 days.

NOAA explained one reason for this in a report in August: “It is well known that bacteria that break down the dispersed and weathered surface oil are abundant in the Gulf of Mexico in large part because of the warm water, the favorable nutrient and oxygen levels, and the fact that oil regularly enters the Gulf of Mexico through natural seeps.” In other words, the organisms that normally live off the Gulf’s large natural seepage of oil into the water multiplied extremely rapidly and went on a feeding frenzy. Another 25 percent of the spilled oil-the lightest and most toxic part-simply evaporated at the surface or dissolved quickly.

Damage to wildlife, too, was relatively sparse. As of November 2, the U.S. Fish and Wildlife Service reported that 2,263 oil-soiled bird remains had been collected in the Gulf, far fewer than the 225,000 birds killed by the Exxon Valdez spill in Alaska in 1989. Despite fears for turtles, only 18 dead oil-soiled turtles had been found. No other reptile deaths were recorded.

While more than 1,000 sea otters alone had died in the Alaska spill, only 4 oil-soiled mammals (including dolphins) had been found dead in the Gulf region. These are very small numbers relative to the base populations. Similarly, government agencies were unable to find any evidence of dead fish. Fish can simply swim away from trouble. Nor was evidence found of contamination of live fish. In one government test, 2,768 chemical analyses uncovered no signs of contamination.

In the latest irony, marine biologists this fall have actually been seeing surprising increases in some fish populations. It seems that the closure of large areas of the Gulf to fishing amounted to an unplanned experiment in fisheries management. According to Sean Powers, a University of South Alabama marine biologist, “It’s just been amazing how many more sharks we are seeing this year. I didn’t believe it at first.” He attributed the change to the “incredible reduction in fishing pressure,” and added, “What’s interesting to me [is that] we are seeing it across the whole range, from the shrimp and small croaker all the way up to the large sharks.”

Johnny Carson on Politicians

The late Ross Lence, my mentor in undergraduate school, used to laugh when his students decried the lies of politicians. Lence contended that we expect – indeed, we want – our politicians to lie in order to make us feel better about the myths that we rely on about ourselves and our country in our day-to-day lives.

The late Johnny Carson provides a hilarious take on politicians’ lies in this classic video from almost 30 years ago. Enjoy.

The 40-Year War

war-on-drugsGary Becker makes a good point about a frequent topic on this blog – the enormous cost of the government’s drug prohibition policy:

[The Miron and Waldock study does] a good job of estimating the amount directly spent by the United States in fighting the war on drugs. They calculate about $41 billion is spent on this fight by state and local governments, and by the federal government, through policing efforts, the cost of court personnel and buildings used to try and convict drug offenders, and the cost of the guards and other resources used to imprison those convicting of drug offenses.  .  .  .  These estimated direct costs of the war are significant, yet they are regrettably only a small fraction of the total social costs due to the war on drugs. [ .  .  .]

Perhaps, however, the worse results of the American war on drugs are found in its effects on other countries, especially Mexico, Colombia, and other Latin American countries. Mexico is also engaged in a war on drugs, but it is a war almost entirely fought against drugs shipped from Mexico into the United States. The overwhelming majority of drugs that are either produced in Mexico, or that enter Mexico from other countries, are destined for shipment across the border to the United States. The two main drugs shipped from Mexico are marijuana and cocaine, the same two drugs that Miron and Waldock show constitute the vast majority of drugs used by American consumers.

Mexico is engaged in a real war, with advanced military equipment used by the drug gangs; often the gangs have better weapons than the army does. The casualties have been huge: an estimated 30,000 + persons have been killed in recent years as a result of the drug violence, far greater than the combined deaths of American and allied forces in Iraq and Afghanistan. Many of these deaths are of drug cartel members, but a considerable number also are of soldiers and policemen, journalists, and innocent bystanders.

After the drug lords discovered that they are very good at violence and intimidation, they expanded geographically and into other activities. They have spread out from concentration in enclaves near the border or in the West of Mexico into many other areas, including major cities like Monterrey. Some towns have become uninhabitable, as former residents fled from the violence, some entering illegally into the US. Drug lords have taken control in many places of prostitution, gambling, extraction of monies from businesses for “protection” services, and indirectly also various local governments. [.  .  .]

No one has estimated the social cost of American drug policy on Mexico, Colombia, and other countries, but it has to be immense. Perhaps these countries should just allow drugs to be shipped to the US, and put the full burden of stopping these shipments on American enforcement agencies. The American government would protest, but such a result would provide a clearer picture to the American people of the full cost of current policy, including the major costs imposed on other countries. One can hope that then we will get a serious rethinking of the American war on drugs, and some real political movement toward decriminalization and legalization of various drugs.

Richard Epstein on Obama

Reason‘s Nick Gillespie recently interviewed Richard A. Epstein (previous posts here), who explains how misdirected governmental programs under both Republican and Democratic administrations are having a devastating impact on economic growth and prosperity.

The entire interview is well worth watching. However, the initial portion of it (excerpted below) is particularly interesting because Epstein passes along his personal observations about Barack Obama gained from his experiences with Obama while both served on the University of Chicago Law School faculty.

While certainly not as bad as this, Epstein’s portrayal of Obama is but not particularly reassuring, either.

How WikiLeaks is like the office holiday party

wikileaksInasmuch as I believe the hoopla over the WikiLeaks disclosures is mostly overblown, I’m not going to post much on it. Except to point out again that the FT’s Gideon Rachman really has the right perspective toward it all:

It’s amusing for the rest of us to read US diplomats’ frank and sometimes unflattering verdicts on foreign leaders, and it’s obviously embarrassing for the Americans.

It’s a bit like somebody getting drunk at a party and making bitchy comments in too loud a voice. Nobody is incredibly shocked that such things happen. But it’s still awkward to be overheard by the person you are talking about.

A lesson on using other people’s money

Well, maybe it’s not all so bad after all that the Harris County Sports Authority used junk debt to finance construction of Reliant Stadium. Check out what’s going on in St. Louis (H/T Craig Depken):

Eight years ago, as the St. Louis Cardinals aimed to build a new baseball stadium, team owners signed an agreement with the city worth millions of dollars a year in tax breaks.

In exchange, the team agreed to a series of annual perks for the region’s residents – 100,000 free tickets, 486,000 seats for under $12 and $100,000 in donations to recreation for disadvantaged youths.

The Cardinals also agreed to give the city a cut of profits made if any portion of the team was sold.

Then, last year, owners sold a sizeable chunk of the Cardinals – more than 13 percent. Now, a group of anti-public-stadium advocates is alleging that the team owes the city hundreds of thousands of dollars.

And, despite another multimillion-dollar budget gap anticipated for the coming year, the city isn’t checking into it. City officials acknowledge that they have never really kept tabs on the agreement.

.    .     . Several city officials, including Barb Geisman, the former deputy mayor for development, said there was no reason to double-check. They trust the Cardinals.

Which reminds me of what the late Milton Friedman used to say about the dynamics of using other people’s money:

“There are four ways in which you can spend money.”

“You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money.”

“Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost.”

“Then, I can spend somebody else’s money on myself. And if I spend somebody else’s money on myself, then I’m sure going to have a good lunch!”

“Finally, I can spend somebody else’s money on somebody else. And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get.”

“And that’s government .   .   .”