The Real Social Security Issue

The solvency or insolvency of the so-called Social Security trust fund is irrelvant. The trust fund is an artifact of bookkeeping, not a real asset. So, forget the trust fund and focus on what really matters: taxes paid in and benefits paid out.

Taxes paid into Social Security don’t yield real returns. Social Security is merely a transfer-payment Ponzi scheme that’s going to begin claiming victims in about 14 years, when benefits begin to outrun taxes.

Private accounts, on the other hand, would yield real returns. Thus, investments in private accounts would provide income that doesn’t depend on transfer payments.

The only question, then, is how to make the transition from the present Ponzi scheme to a system of private accunts.

Let’s Talk about Intelligence

I ran across an article on “Theories of Multiple Intelligence,” by Grady M. Towers, which was published in the Prometheus Society’s journal, Gift of Fire (Issue No. 33, September 1988). I know little about the measurement of intelligence and the controversies surrounding it. With that disclaimer, here are some bits I find fascinating:

We now know that there are two [kinds of intelligence]: one called fluid g, measured by culture fair tests such as the Raven Progressive Matrices or the LAIT, and another called crystallized g, measured by culture loaded tests like the Concept Mastery Test or the Miller Analogies Test. What we call g has been defined as the ability to “educe relations and correlates,” or in more everyday terms, the abilities for inductive (“relations”) and deductive (“correlates”) reasoning. Culture fair tests measure the ability to educe relations and correlates using abstract diagrams, and other material that requires only a minimum of formal learning. Culture loaded tests measure the ability to educe relations and correlates using learned and over learned material, such as vocabulary, algorithms for arithmetic or multiplication, recognition of common objects and their uses, etc. Ordinary IQ tests measure both kinds of intelligence, but not necessarily to the same degree; they are generally biased in favor of crystallized g.

The currently accepted relationship between these two kinds of ability is called the investment theory of intelligence. It says, in effect, that we are all born with a certain raw ability, or the eduction of relations and correlates, which can be measured with culture fair tests. As we get older, we “invest” this fluid g in certain kinds of judgment skills, such as those involved in doing a mathematical word problem, or parsing a sentence. When we are young, the theory goes, our formal educations are so much alike that we all invest our fluid g in much the same kinds of judgment skills. That means that our fluid intelligence and our crystallized intelligence are so similar at an early age that it’s almost impossible to tell them apart. After we leave school, however, we all begin to invest our fluid g abilities in different things. Measures of fluid g and crystallized g begin to draw apart. Those that invest their fluid g in school-like activities, such as accounting or law, continue to show intellectual growth on conventional (crystallized) IQ tests. Those that put their intelligence to work in other ways, such as becoming ranchers or artists, will not show the same intellectual growth, and may even show a decline in IQ on conventional measures of intelligence….

None of this would matter except that each kind of ability brings with it its own kind of cognitive style, its own kind of personality, and its own set of values. In fact, the contrast between persons gifted with fluid g and those gifted with crystallized g is so sharp that, with a little practice, most people find that they can learn to tell them apart at a glance. Those gifted with fluid g (LAIT) tend to be socially retiring, independent of the good opinion of others, analytical, interested in theoretical and scientific problems, and to dislike rigid systematization and routine. Those gifted primarily with crystallized g (conventional tests) tend to be sociable, quick in reactions, artistic, and to dislike logical and theoretical problems. And then there are those who are equally gifted with both kinds of ability, and tend to be mixtures of all these qualities….

In other words, there are those who can do, those who can teach, and those who can do both. In other-other words, don’t “misunderestimate” the intelligence of people who seem to lack “book smarts” and who talk like “regular people.”

Yeah, But What Does He Know?

Headline from AP, via Yahoo! News: “Scientist Stephen Hawking Decries Iraq War.” But Hawking is the guy who recently recanted his long-standing theory about black holes. If he doesn’t understand black holes, he surely doesn’t understand the truly complex phenomenon of military strategy.

Seeing the Handwriting

Charles Paul Freund, writing at reasononline more than two years ago, said:

…The U.S.’ actual intentions in Iraq may have very little—perhaps nothing—to do with the reasons that have been offered by the administration, either before the UN or in the domestic debate. The U.S. may actually be pursuing a strategy it is unwilling to articulate in public….

Getting rid of Saddam and installing a friendly government in his place would have immediate consequences, because it would give the U.S. a number of strategic options it currently lacks. For one thing, the U.S. could count on access to Iraq’s immense oil resources. To some critics on the left, Iraq’s oil is the whole purpose behind Bush’s bellicosity, because he wants to distribute it among his oil-industry cronies. But there is another possibility: Access to Iraqi oil would profoundly alter the U.S. role in the region, because it would alter the nation’s relationship with Saudi Arabia.

The U.S. and Saudi Arabia have long been trapped in a relationship that neither party much likes. But because America needs lots of oil, and because the Saudis need security, the two nations have tried to find a way to deal with each other. The terror attacks have shaken this relationship of interdependence. Most of the hijackers on 9/11 came from Saudi Arabia, and much of the money being funneled into global terrorist networks reportedly originates from there as well. If the U.S. seeks ultimately to choke off the finances of Al Qaeda and groups like it, it must first do something about its dependence on Saudi oil. In that sense, the road to Riyadh runs through Baghdad.

So, perhaps, does the road to Tehran. According to numerous accounts, the mullahs’ control of Iran has been crumbling for months. Many Iranians have had enough of their failed revolution and their economic stagnation. They’ve had enough of being arrested for listening to music on the radio, and of being jailed for attending private gatherings where both men and women are present. Iran’s revolution is now reportedly so shaky that it may collapse even if the U.S. does nothing in the region. Were the U.S. to succeed in establishing a regime in adjacent Iraq that exhibited at least some democratic values and allowed greater personal freedoms, the fate of Iran’s ruling mullahs would probably be sealed, and the future of any future democratic government there bolstered.

A region that features at least relatively democratic regimes in both Iraq and Iran, a Saudi Arabia whose leverage on the West is greatly reduced, and, as Bush put it at the UN, “an independent and democratic Palestine,” however that might be achieved, would be a region where modern political values are advancing and retrograde dictatorship and theocracy are declining.

In his UN address, Bush hinted at the outlines of “a very different future” for the Middle East. As he put it, “The people of Iraq can shake off their captivity. They can one day join a democratic Afghanistan and a democratic Palestine, inspiring reforms throughout the Muslim world. These nations can show by their example that honest government, and respect for women, and the great Islamic tradition of learning can triumph in the Middle East and beyond.”…

Precisely. That’s about what I’ve been saying all along, most recently here:

…The invasion of Iraq was — and is — a means of removing an avowed enemy of the U.S. and gaining a base in the Middle East. If Bush wins re-election, watch the dominos fall in Syria and Iran — both of which are assuredly sponsors of terrorism….

Freund, you’re a genius.

(Thanks to Virginia Postrel for the pointer.)

French Hypocrisy of a Welcome Kind

The Washington Post reports:

French Push Limits in Fight On Terrorism

Wide Prosecutorial Powers Draw Scant Public Dissent

By Craig Whitlock

Washington Post Foreign Service

Tuesday, November 2, 2004; Page A01

PARIS — In many countries of Europe, former inmates of the U.S. military prison at Guantanamo Bay, Cuba, have been relishing their freedom….

Not so in France, where four prisoners from the U.S. naval base were arrested as soon as they arrived home in July, and haven’t been heard from since. Under French law, they could remain locked up for as long as three years while authorities decide whether to put them on trial — a legal limbo that their attorneys charge is not much different than what they faced at Guantanamo.

Armed with some of the strictest anti-terrorism laws and policies in Europe, the French government has aggressively targeted Islamic radicals and other people deemed a potential terrorist threat. While other Western countries debate the proper balance between security and individual rights, France has experienced scant public dissent over tactics that would be controversial, if not illegal, in the United States and some other countries….

French counterterrorism officials say their preemptive approach has paid off, enabling them to disrupt plots before they are carried out and to prevent radical cells from forming in the first place. They said tips from informants and close cooperation with other intelligence services led them to thwart planned attacks on the U.S. Embassy in Paris, French tourist sites on Reunion Island in the Indian Ocean and other targets.

“There is a reality today: Under the cover of religion there are individuals in our country preaching extremism and calling for violence,” Interior Minister Dominique de Villepin said at a recent meeting of Islamic leaders in Paris. “It is essential to be opposed to it together and by all means.”

Thomas M. Sanderson, a terrorism expert with the Center for Strategic and International Studies in Washington, said France has combined its tough law enforcement strategy with a softer diplomatic campaign in the Middle East designed to bolster ties with Islamic countries.

“You do see France making an effort to cast itself as the friendly Western power,” as distinct from the United States, he said. “When it comes to counterterrorism operations, France is hard-core. . . . But they are also very cognizant of what public diplomacy is all about.”

France has embraced a law enforcement strategy that relies heavily on preemptive arrests, ethnic profiling and an efficient domestic intelligence-gathering network. French anti-terrorism prosecutors and investigators are among the most powerful in Europe, backed by laws that allow them to interrogate suspects for days without interference from defense attorneys.

The nation pursues such policies at a time when France has become well known in the world for criticizing the United States for holding suspected terrorists at Guantanamo without normal judicial protections. French politicians have also loudly protested the U.S. decision to invade Iraq, arguing that it has exacerbated tensions with the Islamic world and has increased the threat of terrorism.

Despite the political discord over Iraq, France’s intelligence and counterterrorism officials say they work closely with their American counterparts on terrorism investigations….

It’s their country, their rules. C’est la vie.

A Pleasant Surprise

From Reuters, via Yahoo! News:

U.S. Justice Allows Challengers at Ohio Polls

By James Vicini

WASHINGTON (Reuters) – U.S. Supreme Court Justice John Paul Stevens (news – web sites) Tuesday allowed Republicans to challenge voter qualifications at the polls in Ohio, a key battleground state that could determine the presidential election.

Stevens acted on an emergency request shortly before polls opened in Ohio and across the nation. He refused to set aside a U.S. appeals court order that allowed political parties to send challengers to polling places across the state….

One More Reason to Vote for Bush

I offered a few reasons here. One more just reared its ugly head:



Osama bin Laden’s script writer.

So I lied when I said I wouldn’t post any more about candidate Bush. Sue me.

The Eeyore Party

You read it here first — I think. I have dubbed the Democrat Party the Eeyore Party because it’s the party of doubt and pessimism. As it says at a Winnie-the-Pooh site:

Eeyore [is] a very gloomy, blue-gray donkey….

Red State, Blue State

I like the new political color-coding scheme that has become the norm since the 2000 election. That is, Red States are Republican and Blue States are Democrat. It sure beats the old scheme, in which the incumbent party was Blue and the challenging party was Red. That’s too hard to keep up with.

Think about recent history. In the election of 1976, Republicans were Blue and Democrats were Red. But because Carter was elected in 1976, the color scheme for the 1980 election had Republicans as Red and Democrats as Blue. Then Reagan was elected, so the color scheme for the 1984 election had Republicans as Blue and Democrats as Red. It stayed that way until the 1996 and 2000 elections, when Republicans were Red and Democrats were Blue. It should have changed after the 2000 election, but most political analysts — wisely — decided to stick with the Republican-Red and Democrat-Blue theme.

It’s a more fitting color scheme, anyway. Republicans are the party of positive thinking — as in “We won’t stand for any more of this crap; we’re coming to get you. We’re not slowing down our economy just because some pseudo-scientists mistakenly think that global warming is a bad thing caused by humans.” Red — an aggressive color — is definitely Republican.

Democrats are the party of doubt and pessimism. Blue suits the Eeyore Party.

A Reason to Like Tom Wolfe

I’ve read only one of Tom Wolfe’s novels — A Man in Full — which I found overblown and overpraised. But I forgave Mr. Wolfe my disappointment in his writing when I read this:

“Here is an example of the situation in America,” [Wolfe] says: “Tina Brown wrote in her column that she was at a dinner where a group of media heavyweights were discussing, during dessert, what they could do to stop Bush. Then a waiter announces that he is from the suburbs, and will vote for Bush. And … Tina’s reaction is: ‘How can we persuade these people not to vote for Bush?’ I draw the opposite lesson: that Tina and her circle in the media do not have a clue about the rest of the United States. You are considered twisted and retarded if you support Bush in this election. I have never come across a candidate who is so reviled. Reagan was sniggered it, but this is personal, real hatred.

“Indeed, I was at a similar dinner, listening to the same conversation, and said: ‘If all else fails, you can vote for Bush.’ People looked at me as if I had just said: ‘Oh, I forgot to tell you, I am a child molester.’ I would vote for Bush if for no other reason than to be at the airport waving off all the people who say they are going to London if he wins again. Someone has got to stay behind.”…

You tell ’em, Tom.

"Forgiving" Youthful Error

A young man from Oz posted a rather bizarre comment on a blog that I read daily. That led me to the young man’s blog, where I found this:

This is my thoughts on Writing and Politics. This blog also includes reviews on movies, albums etc and my general thoughts….

Hi my name is B******* S****, I’m and 18 year old from Sydney Australia. There are basically two sides to me, writing and politics. I write horror, thriller and poetry, and it usually contains some sort of inner meaning about life or humanity. With politics, I am a passionate left-wing blogger, that promotes treating everyone with respect and compassion….

…[T]here are so many pro-Bush blogs out there backing Bush up, but even bloggers on the civil rights/anti-bush side, we seem to be inherantly biased. Though I think the difference is, although we are biased, I speak the truth. My biased opinion is not wrong because it is biased, I have gained my opinion from the truth. Bush bloggers have an opinion, however racist, but it is based on lies. Bush lied to the world when he said Iraq had weapons of mass destruction. He lied when he said he would do anything to capture Saddam Hussein. Bush bloggers are just puppets to the Fox new channel….

Even those among you who sometimes wrestle with spelling, punctuation, grammar, syntax, and logic can see the errors in those three quotations. Do those errors mean that the young man is stupid? Not necessarily, though his IQ is almost certainly quite a bit lower than George Bush’s — a fact that the young man probably doesn’t like to admit. Does the third quotation mean that he is a confirmed left-wing bigot? Not necessarily; he may simply be going through a “rebellious phase” that’s common in young adults.

But I lost my tolerance for the young man’s mental deficit and youthful foibles when I read a post in which he enthuses about bin Laden’s latest message:

…He [bin Laden] then told of his inspiration for the September 11 attacks saying “As I watched the destroyed towers in Lebanon, it occurred to me to punish the unjust the same way … to destroy towers in America so that it can taste some of what we are tasting and to stop killing our children and women,” He was referring to an Israeli attack on towers in Lebanon that the US was accused of supporting. Maybe people will realise terrorism is running both ways.

Oops, I gave away the young man’s identity. How “stupid” of me.

Final Election Projections

I was planning to post this in the wee hours of election day, but — barring a catastrophe or news with a significant bearing on the election — I think this is how it will go:

THE PRESIDENCY

Bush will win 51 percent of the two-party popular vote.* He will take at least 279 and perhaps well more than 300 electoral votes. The range of uncertainty about electoral votes (EVs) reflects the apparent closeness of the race in many states.

Kerry faces likely-to-certain victory in the District of Columbia (3 EVs) and these 20 States: California (55 EVs), Connecticut (7), Delaware (3), Hawaii (4), Iowa (7), Illinois (21), Maine (4), Maryland (10), Massachusetts (12), Michigan (17), Minnesota (10), New Hampshire (4), New Jersey (15), New York (31), Oregon (7), Pennsylvania (21), Rhode Island (4), Vermont (3), Washington (11), and Wisconsin (10). That’s a total of 259 EVs for Kerry. The other 30 States, which are leaning-to-solid for Bush, have 279 EVs.

My method of estimating EVs as a function of popular-vote share indicates that Bush’s 51 percent of the two-party vote could yield as many as 318-358 EVs. (Go here and see method 3.) Such a result is possible if Bush takes the 279 EVs of all 30 leaning-to-solid States, then picks off Iowa (7) and Wisconsin (10) — where the races are tight — plus a combination of Hawaii (4), Michigan (17), Minnesota (10), New Hampshire (4), and Pennsylvania (21) — for a maximum of 352 EVs. I think that’s the best Bush can hope for, unless his popular-vote share is 52 percent or greater.

All of which assumes, of course, that Bush will take Florida (27 EVs) and Ohio (20). If Bush loses either, we may be in for a long, long night — and perhaps a long several weeks of recounts and court battles. If — in the end — Bush loses both Florida and Ohio, Kerry wins.

THE SENATE

Republicans are poised to pick up six Democrat seats: Florida, Georgia, Louisiana, North Carolina, South Carolina, and South Dakota. Democrats will probably pick up three Republican seats: Alaska, Colorado, and Illinois. That’s a net GOP gain of three seats, for a 54-46 advantage in the Senate.

The best the Republicans can hope for is 55-45, with a come-from-behind win by Republican Murkowski in Alaska. However, that gain could be canceled by a come-from-behind win by Democrat Daschle in South Dakota.

__________

* I base my estimate of Bush’s popular-vote share on the presidential vote-share market at Iowa Electronic Markets, Rasmussen’s presidential tracking poll, and the “poll of polls” at RealClear Politics.

In the "Old News" Department

A headline in The Washington Times:Study finds press pro-Kerry.” Next thing you know, we’ll be told that the sun rises in the east.