Sunday, December 30, 2007

Project Habbakuk

Cast your eyes over the nations and be amazed, astounded. For I am doing something in your own days that you would not believe if you were told it (Hab 1:5)

Fuel Reserves limit China's Opitions on Taiwan.

Kanwa Defense Review Monthly, thinks that China lacks the capability of conquering Taiwan if an extended military operation is required.

The Airport Security Follies

In years past, a takeover meant hostage negotiations and standoffs; crews were trained in the concept of “passive resistance.” All of that changed forever the instant American Airlines Flight 11 collided with the north tower. What weapons the 19 men possessed mattered little; the success of their plan relied fundamentally on the element of surprise. And in this respect, their scheme was all but guaranteed not to fail.

For several reasons — particularly the awareness of passengers and crew — just the opposite is true today. Any hijacker would face a planeload of angry and frightened people ready to fight back. Say what you want of terrorists, they cannot afford to waste time and resources on schemes with a high probability of failure. And thus the September 11th template is all but useless to potential hijackers.

The Laffer Curve

Sure, Americans pay lower personal income taxes, lower "carbon" taxes, lower sales taxes, and so on, but the portion of the American tax code that stands out like a sore thumb is our once-low-but-now-high corporate tax rate.

What is even more unfortunate is that, in this country, "corporation" seems to have become a hyper-politicized concept at best, and a flat out dirty word at worst. The thought of cutting taxes on American businesses is wholly antithetical to today's political zeitgeist. Meanwhile, in other countries, often ones run by people far more left-wing than even our own dear Nancy Pelosi and gang, are racing to cut their corporate tax rates to reap the benefits of stronger growth and higher tax revenue

Why Your Cable Television Stops Working...

Well that explains a lot.

The rise of the Chinese Navy.

Things could get interesting in the next few years.

Lessons From the Surge

A year ago it was widely thought, not just by the new Democratic leaders in Congress but also in many parts of the Pentagon, that containing the violence in Iraq was impossible. Now we have seen it done.

The great fall of China

Revised GDP calculations show that Beijing isn't the giant we thought it was.