LinkSwarm for August 17, 2018

Themes for today’s LinkSwarm: Jihad, rape and China. Not necessarily in that order…

  • So let me see if I have this story straight: New Mexico jihadis, one related to a New York City imam who might have been involved in 9/11, murdered three children, abused and starved 11 other children while teaching them to be school shooters, and the judge let them out on bail?

    A New Mexico state judge ruled Monday that five alleged Muslim extremists accused of training children to conduct school shootings do not have to remain in jail while they await trial for child abuse.

    Judge Sarah Backus released the five defendants, Siraj Wahhaj, Hujrah Wahhaj, Subhannah Wahhaj, Jany Leveille, and Lucas Morten, on a $20,000 “signature bond,” according to the Albuquerque Journal. That means that the defendants will not have to pay money unless they violate the conditions of their release

    It’s a good thing there’s not a huge foreign nation immediately to the south with a porous border they can flee to…

    And authorities just bulldozed the compound?

  • The great illusion of China’s economic growth.

    If China really had a savings rate of 46%, the economy would look quite different. There would be very little debt in the system; the banks would have a very low loans to deposits ratio and low leverage, like banks in nineteenth century Britain. Consumer debt would be almost non-existent, while the Chinese market would have an enormous variety of saving and investment schemes, to take care of all the accumulated wealth. New company formation would be very high, but “venture capital” would be very scarce, because new companies would be capitalized from the savings of the founders’ relatives and friends. Overall, China might well have a rapid growth rate, but it would be a very contented, stable economy.

    A recent Financial Times examination of China’s economy illustrates the problem; it shows consumer debt almost doubling as a share of GDP, from roughly 20% to 40% in the last five years and tells pathetic stories of young, highly educated Chinese who max out their credit cards, desperately hoping to boost their earnings sufficiently to pay that debt back. But Chinese elite youths brought up in a society with a 46% savings rate would have neither the desire nor the need for heavy credit card usage. First, they would have been brought up in families with a fanatical devotion to deferring consumption, so would regard the over-indebted Western Millennial lifestyle with undiluted horror. Second, because of their families’ savings habits, such elite youths would be beneficiaries of very substantial trust funds from their relatives, and so would have no need of credit cards.

    If the savings rate is fiction, then so are all China’s economic statistics. GDP is at least one third lower than claimed, to account for the missing savings, and growth rates over the last decades correspondingly lower, On the other hand, China’s foreign debt is all too real, and most of the domestic debt also appears to be solid, so China’ s gross debt, already alarmingly high at 299% of GDP according to the Institute for International Finance, is in reality about 450% of true GDP, substantially higher than that of any other country. With such a level of debt, China is not about to overtake the West, it is in imminent danger of collapse. Indeed, it is at first sight something of a mystery why it has not collapsed already under the weight of its excesses.

    (Hat tip: Iain Murray at Instapundit.)

  • Speaking of China, they got all pissy about the latest defense bill.
  • Also: “China Buckles, Sends Trade Delegation to Washington to Seek End of Trade War.” Maybe, just maybe, President Donald Trump knows a thing or two about negotiating strategy…
  • Today’s @realDonaldTrump approval ratings among black voters: 36%.” That’s up from 29% two weeks ago.
  • “Evil is a make-believe concept we’ve invented to deal with the complexities of fellow humans holding values and beliefs and perspectives different than our own.” That quote comes from an American bicycling across several foreign countries, including one where Islamic State followers killed him, his wife, and two fellow-travelers thanks to their “different perspectives.” (Hat tip: Stephen Green at Instapundit.)
  • Google has released a report on the paid ads they’ve run on political campaigns. It’s not completely useless, but then you drill down to congressional district, it only shows you total spending, not how much was spent by each campaign, much less links to the relevant ads.
  • Borepatch brings up an old and (to our media) deeply uncomfortable truth about the Catholic child rape scandal:

    A theme that keeps recurring in histories of the worst abusers is that they were trained in seminaries that were run by homosexual men and saturated with gay-liberationist subculture. Reading accounts of students at one notorious California seminary making a Friday-night ritual of cruising gay bars, it becomes hard not to wonder if gay culture itself has not been an important enabler of priestly abuse.

    Along those lines, the book Goodbye, Good Men: How Liberals Brought Corruption into the Catholic Church made this argument shortly after the original Catholic Church pedophilia scandal broke, and was promptly ignored by the media for not fitting the narrative.

  • Speaking of child rape, 30 Muslim men and one woman have been charged with multiple counts of rape and sex trafficking of women as young as 12 in West Yorkshire, UK. (“Luxury! We used to be raped 25 hours a day…”)
  • Ace of Spades is surprised to find Disney holding firm on it’s firing of James “I Make Pedophile Jokes” Gunn. Also, in the course of slamming (perhaps a littler too strenuously) Trump-skeptical establishment conservatives on their hypocrisy on the issue (RE: Roseanne), he does nicely articulate the logic of taking’s the Guardians of the Galaxy director’s scalp, even if Gunn was only joking:

    I will not be subject to one of your rules and yet permit you to be free of your own rule. If it’s your rule, you shall suffer under it just the same as me.

    We do not (yet) have a formal caste system in America, despite the obvious longing from the left and the NeverTrump rump to establish over-castes and under-castes.

    And it’s MUH #SacredPrinciple that we shall not have a tiered system of citizenship that the leftwing establishment as well as the “right”-leaning establishment so clearly crave.

    And I’ll sacrifice anyone to make sure that they do not put me in their designated under-caste.​

  • “Poll: Majority of Millennial Women Do Not Identify as Feminist.” Take a bow, Shoe0nHead! (Hat tip: Stephen Green at Instapundit.)
  • Newspaper editorial says that the MSM is falling into Prsident Trump’s trap:

    Trump may be both more relentless and obnoxious than his predecessors, but cries of “Fake News!” from the Oval Office are old hat. Presidents always blame the messenger. Even Barack Obama, the object of so much media fawning, groused about distorted coverage.

    This time, though, we are taking it personally. Striking at the bait Trump dangles. Joining the war he’s declared. Allowing him to goad us into abandoning the fundamental principles of our profession.

    Donald Trump is not responsible for the eroding trust in the media. He lacks the credibility to pull that off. The damage to our standing is self-inflicted.

    The independent press was built on a foundation of objectivity. Through a tradition of conscientious commitment to telling all sides of a story we convinced our readers, listeners, viewers that we were the source of fair and balanced coverage. We were equal opportunity scourges of scoundrels on both sides of the political aisle.

    Now, too many of us are following the websites, cable networks and blogosphere into point-of-view journalism that presents the news with equal parts fact and opinion. We’ve infused our reports with commentary and call it context.

    Journalists once kept their personal views personal, lest anyone challenge the motives behind their reporting. Now reporters post their opinions on Facebook and Twitter. They sob in newsrooms over the results of an election. News meetings and editorial boards are often indistinguishable.

    Respected journalists openly question whether remaining objective in the Donald Trump era is a sell-out rather than a virtue. Some have joined the resistance movement, blending journalism with activism.

    No one in our profession can say with a straight face that we cover Donald Trump the same way we have past presidents. We are not only giving him more scrutiny — rightly so — but we are making more mistakes in our haste to discredit him. Our accuracy ratings have fallen as we turn to poorly vetted anonymous sources and repeat every rumor that fits the narrative that Trump is a disaster.

    Yes, Trump is an extraordinary case. Chaos is the hallmark of his governing style. His personal conduct falls well short of presidential. But his administration has had successes, and the press is not as eager to cover those as it is his failures.

    Journalism seems to have turned a corner in search of some higher purpose beyond simply digging out the truth, presenting it to our readers and letting them decide what to do with it.

    Nothing about Donald Trump justifies tossing aside the standards that have allowed journalists to remain the trusted eyes and ears of the people.

  • “Patreon and Mastercard ban Robert Spencer without explanation.” That’s Robert Spencer of JihadWatch, not Richard Spencer the LARP Nazi.
  • By the way, Robert Spencer has a new book out: The History of Jihad: From Muhammad to ISIS.
  • MoviePass is getting ready to bite the moose. I can imagine a way you could make this thing work out: Make deals with large theater chains, exclude the first week of all movies, and the first few weeks for blockbusters, and make a deal to buy tickets at a steep discount to put butts in seats so theater owners can make more money off concessions. All things that MoviePass evidently never attempted…
  • The great plastic gun panic…of 1986. I think we can all remember how the widespread availability of the Glock resulted in the downfall of America…
  • The remote Australian town where people live underground and hunt opals.
  • Unlikely teamups:

  • Are you ready to take your cosplay to Flavortown? (Hat tip: Dwight.)
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