cypherpunks-legacy
Threads by month
- ----- 2026 -----
- July
- June
- May
- April
- March
- February
- January
- ----- 2025 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2024 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2023 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2022 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2021 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2020 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2019 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2018 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2017 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2016 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2015 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2014 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2013 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2012 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2011 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2010 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2009 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2008 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2007 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2006 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2005 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2004 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2003 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2002 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2001 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 2000 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 1999 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 1998 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 1997 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 1996 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 1995 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 1994 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 1993 -----
- December
- November
- October
- September
- August
- July
- June
- May
- April
- March
- February
- January
- ----- 1992 -----
- December
- November
- October
- September
- 130025 discussions
<http://www.washingtonpost.com/ac2/wp-dyn/A54962-2004Nov16?language=printer>
The Washington Post
washingtonpost.com
The Yikes Years
Life as the world's lone superpower is beginning to make the Cold War look easy
By David Von Drehle
Sunday, November 21, 2004; Page W16
The Russian poet and novelist Boris Pasternak observed that "history
cannot be seen, just as one cannot see grass growing." Which was an
interesting assertion from a man who saw, among other clearly historic
events, the Russian Revolution, the rise of the Bolsheviks, the Stalinist
terror and World War II.
But let's work with Boris a little. No doubt he was correct in the sense
that history sort of sneaks up on us. Day after day, stuff happens, and
some of it is strange, some is unsettling, some is stirring, some is
portentous. But we don't often know, in real time, whether these various
happenings are adding up to anything meaningful enough to be called
"history."
Yet there comes a day when you look out the window and notice that the lawn
is extremely shaggy. You may not have seen the grass growing, but suddenly
it's so high you can no longer find the dog's chew toys or the baseball
glove you asked your kid 400 times to put away. And then it rains for three
straight days and you realize there is no way your lawn mower can get
through the sopping wet, jungle-thick morass without making a terrible mess
of the mower, the lawn, your shoes . . .
Based on interviews with esteemed experts, the perusal of a stack of dense
tomes, a plodding trip through thousands of pages of knotty articles in
learned journals, plus the findings of assorted blue-ribbon federal
commissions and weeks of squint-eyed reflection, I can report that this is
precisely where America finds itself today.
We are up to our shins in the sloppy grass of history.
Maybe you have noticed. The past half-dozen years or so, strange things,
unsettling things, stirring things, portentous things have been happening
right and left. The decade of the 1990s danced in with such promise. No
more Cold War. No more Evil Empire. The Persian Gulf War required a mere
four days of land operations and seemed to spell the end of that gloomy,
doubt-America malaise widely known as the "Vietnam syndrome." For a moment,
it genuinely seemed that the most interesting question a president could
face was, "Boxers or briefs?"
Then:
February 1998. A bloodthirsty zealot with a billionaire father declared war
on America. Weird. From some cave or compound in Afghanistan, Osama bin
Laden dispatched a fatwa to a London newspaper announcing the sacred duty
of Muslims to kill Americans anywhere they could find us. Only a handful of
us even noticed. But this strange event turned out to be truly historic.
After all, how many rich fanatics have declared war on an entire country?
And how many, within six months, have managed to blow up two U.S. embassies?
Our elected leaders began making their own sort of history. On December 19,
1998, the designated speaker of the House, Louisiana congressman Bob
Livingston, marched onto the floor of Congress, announced he was quitting
on account of a sex scandal, and called on President Clinton to do
likewise. That certainly felt new. The rich guy in Afghanistan was trying
to have a war with us, but our government had painfully snagged on what we
were calling "zipper problems." Yet this wasn't even the biggest story of
the day, because Livingston's speech was a footnote to the fact that the
House impeached a president for only the second time in U.S. history.
Then bin Laden's troops bombed, and nearly sank, a U.S. Navy destroyer.
Then came a deadlocked presidential election, the first in more than a century.
All this played out against a backdrop of dazzling new technologies and
dizzying new wealth. Men and women barely out of college were making and
losing fortunes that might have turned John D. Rockefeller's head -- and
how? Strange, unsettling stuff: data harvesting, digital pet-food sales,
cooking the books.
And then, bin Laden brought his war to the American mainland. Hitler
couldn't get here. Brezhnev couldn't get here. But the radical Islamists
managed to hit us harder than we had been hit at home since the Civil War.
Followed by Afghanistan and Iraq. Some people have begun using the phrase
"World War IV." (No, you didn't miss one: WWIII is what used to be called
the Cold War.)
Rogue states are developing nukes.
There's a plague decimating Africa.
The polar ice caps are melting.
It's no wonder our civic mood is grouchy. We are bombarded by banner
headlines, caught in CAPS LOCK mode, deluged with dire declarations. Tom
Wolfe dubbed the 1970s the Me Decade. We're living in the Yikes Years.
BACK IN THE SUNLIT ERA WHEN THE BERLIN WALL CAME DOWN, before all hell
broke loose, a theorist named Francis Fukuyama published an influential
essay announcing "The End of History." It was a highly philosophical piece
having to do with the ideological triumph of democracy and free markets,
but the catchy title took on a life of its own, coming to stand for the
ascendancy of the United States and its ideals.
We're going to pay a visit to Fukuyama later in this article, and we'll
hear what he now has to say about history. For the moment, though, just try
to recall those days, when our leaders blithely wondered what to buy with
our "peace dividend" and how best to manage the "Pax Americana."
Some people actually felt a twinge of regret at Fukuyama's coinage. No more
history? What a drag! It was such an American response -- after all,
history had been good to us, nationally speaking. History gathered up
various scattered bands of religious outcasts, economic refugees and
insatiable colonists; history molded these elements into a nation; history
boosted that nation into the global driver's seat. Several years after
Fukuyama wrote his essay, a French leader, Hubert Vedrine, decided that the
word "superpower" wasn't enough for us anymore. America wasn't just
"super," America was "hyper," as in hyperpuissance, hyperpower. It sounded
like something out of a DC Comics futurama. The world had never seen our
equal -- a single nation dominating the globe militarily, economically,
culturally.
In those naive days, it seemed both a great relief and a slight shame to
think that Americans might be done with an era of true significance and
entering a time of uneventful sameness, that we might be embarking on a
tranquil but meaningless period that would eventually be boiled down to a
mere sentence or two in the history texts of our grandchildren and
great-grandchildren. Were we destined to share the fate of the citizens of
the Gilded Age, who apparently liked to argue over "free silver" while
riding bicycles with absurdly large front wheels?
Now we see there was no need to worry.
One last belaboring of Pasternak: It's clear now that the end of the Cold
War wasn't the end of grass; it was more like resodding the lawn. For a
while there, nothing seemed to be growing. But new roots were going down,
and once they took hold, the grass came back stronger and thicker than
before.
So, what does this all point to? What does it mean? Years from now, when a
virtual teacher downloads the history of our time into a microchip in our
great-grandchild's brain, what will the data say?
"History?" President Bush answered with a shrug when Bob Woodward asked him
how the future will view the Iraq war. "We don't know. We'll all be dead."
I've become curious, though, about where the strange and unnerving events
of recent years might be heading, and whether we can steer our course or
must simply ride irresistible currents. I wanted a hint as to how this
movie might end.
So while most Washington journalists were tracking each up and down of the
presidential campaign, I tried to look past this single election, and even
Bush's second term, toward the larger pattern of things. I began reading
books with titles like The Future of Freedom and The Clash of
Civilizations, magazines with names like Foreign Affairs and the National
Interest and Technology Review. I began e-mailing provocative young
scholars and sage older ones. I started paying visits to the offices of
learned women and men who are paid to ponder where America is and where it
is headed. I discovered that they tend to be concentrated along a stretch
of Massachusetts Avenue NW, which I came to refer to as "Big Think
Boulevard."
This is an intimidating world for a layperson to enter. The hushed hallways
and book-lined offices of Big Think Boulevard are home to a priesthood that
knows precisely the difference between "hegemony" and "empire," not to
mention the difference between entente and detente.
I found that some of these thinkers fear we are living through the end of
the Western alliance, while others believe America's power is already
seeping away to China. I met thinkers who fret most about nuclear weapons
in the hands of terrorists and others who prefer to worry about the speed
at which our debtor nation is skidding toward fiscal crisis. You know
things are scary when you find a wistful note of nostalgia for the relative
stability of the Cold War creeping into the voices of level-headed people.
True, the brains of Big Think Boulevard have always shown a tendency to be
worrywarts, except for when they are overly optimistic. Through the years,
a visitor could have heard deep and earnest discussions along that street
of the domino theory (by which the communists would conquer the world), the
triumph of the German economy (which also did not happen) and the rise of
superpower Japan (ditto). But just because predicting the future is
difficult doesn't mean thinking about the future is pointless.
I found widespread agreement on at least two propositions:
First, that some very different sort of world is roaring up at us.
Second, that the history of our times will be the story of how we prepared
for this different world -- which, so far, is mostly a story of how we have
failed to prepare.
Yikes.
A FORMER GOVERNMENT OFFICIAL, THINK-TANK STAR AND NEWSPAPER COLUMNIST,
Jessica Tuchman Mathews is now the president of a venerable outfit called
the Carnegie Endowment for International Peace. The endowment occupies a
handsome eight-story building in a prime spot on Big Think Boulevard -- a
quietly elegant structure of glass and stone and wood, silent testimony to
the power of Andrew Carnegie's millions multiplied by nearly a century of
wise investment and compound interest. Human frailty being what it is,
Carnegie's original goal of eliminating war has been scaled back over the
years, and now the endowment is plenty busy just trying to keep wars from
going nuclear.
I was hoping that Mathews might be able to summarize why being a hyperpower
has turned out to be so unpleasant. Why, just a few years after the dawn of
a new American epoch, it sort of feels like a fast-fading twilight.
"The past couple of years have shown us that the way we felt at the end of
the Cold War -- the dominance we felt in terms of military power, economic
power, so-called 'soft' cultural power -- was too facile," she began.
America's power is "not at all as clear as it seemed just four years ago.
Although we're spending approximately one-half of all the world's total
military expenditures, and our power on that plane is supreme, it is not
that usable against the enemies we now face."
She said this on a late-summer morning when Osama was still in his cave (or
wherever he might be) and the low-tech insurgency in Iraq was
metastasizing. So it was hard to argue with her assertion that certain foes
are not cowed by the most awesome conventional military the world has ever
seen. The United States has a fleet of nuclear submarines, every one of
which packs enough megatons to decimate a nation. We have 12 aircraft
carriers, every one of which totes more power than the entire air force of
virtually any other country. We have stockpiles of laser-guided bombs and
missiles that we can land on the proverbial dime. Yet we are flummoxed by
beheadings -- a technology from the days of Salome and John the Baptist.
As it happens, this is a common problem for global powers: Conventional
strength doesn't always succeed. The Romans had a similar experience with
the Huns. Or a more recent example: In 1898, the British army won an
overwhelming victory at Omdurman to regain control of Sudan and establish
itself as the supreme fighting force on Earth. Within a year, the same army
under the same general went off to fight the Boers in South Africa. At
first, all went well: The British quickly seized the Boer capitals. Mission
accomplished. But the opposing forces simply melted into the population,
then launched a devastating guerrilla war that exposed the vulnerabilities
of the superpower army.
Which sounds familiar.
Mathews continued: "On the economic side, we are very, very vulnerable."
Strange: Wasn't it just a few years ago that the American economy was
crushing its competitors like Godzilla mashing Toyotas? She cited two
reasons to feel nervous. First, while the U.S. economy is easily the
largest in the world, we're not even paying the bills of our own government
-- not by a long shot. The federal deficit is more than $400 billion this
year. And worse is sure to come when the baby boomers start retiring later
this decade and Social Security and Medicare become massive drains. For the
first time in our history, approximately half of our deficit spending is
being financed by foreign nations. It can't bode well for a major power
when its potential competitors hold the mortgage on its future.
The second economic weak spot Mathews sees is the explosive growth of the
global labor market. With populous countries like China and India and
Singapore and Malaysia rushing into the manufacturing age, "we're looking
at a global labor surplus for an extended period, which is something new,"
Mathews said.
Let that sink in for a moment. An oversupply of a commodity means a
declining price. A surplus of labor should mean lower wages, which means
less saving and less spending, which means a sluggish economy, if not
worse. Even the upside of cheap foreign labor -- the low prices we pay for
clothes and gizmos -- often comes with a downside: a staggering trade
deficit. At best, the coming years will be a nerve-racking race to convert
those global workers into buyers of American exports, not just competitors
for American jobs.
Brightening briefly, Mathews added: "We're still best in the world at
adapting to rapidly changing circumstances. No other nation takes
disruption in stride the way we do."
So the good news is, we're good at handling bad news.
Finally, as satisfying as it may be to many Americans, even U.N.-bashing
may be beyond our power in the future. "I think it's clear there are not
many really important issues we can tackle alone," Mathews said. Take the
example currently occupying her attention -- the proliferation of nuclear
technology in places such as North Korea, Iran, Pakistan, places that are
hostile, unstable or both.
"A huge amount of work needs to be done on proliferation by a lot of
countries working together," she said. "We can't accomplish what needs to
be done by ourselves. And yet, what's the level of our political influence
on other countries right now? When we were going into Iraq and the U.N. was
resisting, I must have had 300 people say to me: 'Jessica, don't be silly.
When push comes to shove, we'll get the votes.' But then it happened, and
we couldn't get Mexico, for heaven's sake. Talk about a country that
depends on us. Chile, which had a free-trade agreement on the line with us
-- we couldn't get their vote.
"This is a long-winded way of saying that we are not nearly as dominant as
we all thought we were just a few years ago."
I was surprised by how much agreement I found on this general idea among
big thinkers, ranging from neoconservatives to multilateral peaceniks, from
Republicans to Democrats to unaffiliated foreign intellectuals. They
disagreed over nuances, but nearly all of them concurred that the rosy
assumptions of the recent past must be completely reexamined. If the
touchstone title of the 1990s was "The End of History," the title that
speaks to the dawn of this decade might be Robert D. Kaplan's "The Coming
Anarchy."
So where are we headed? Samuel P. Huntington of Harvard offered an early
take on that question in his influential 1996 book, The Clash of
Civilizations:
"In sum, overall the West will remain the most powerful civilization well
into the early decades of the twenty-first century. . . . [But] the West's
control of [key] resources peaked in the 1920s and has been declining
irregularly but significantly. In the 2020s, a hundred years after that
peak, the West will probably control about 24 percent of the world's
territory (down from a peak of 49 percent), 10 percent of the total world
population (down from 48 percent) . . . about 30 percent of the world's
economic product (down from a peak of probably 70 percent), perhaps 25
percent of manufacturing output (down from a peak of 84 percent), and less
than 10 percent of global military manpower (down from 45 percent).
"In 1919 Woodrow Wilson, Lloyd George, and Georges Clemenceau together
virtually controlled the world. Sitting in Paris, they determined what
countries would exist and which would not, what new countries would be
created, what their boundaries would be and who would rule them, and how
the Middle East and other parts of the world would be divided up among the
victorious powers. . . . A hundred years later . . . the age of Western
dominance will be over."
AND WHAT, YOU MIGHT ASK, WOULD BE SO BAD ABOUT THAT?
Back when happy students were building a papier-mache replica of the Statue
of Liberty in Tiananmen Square, and Russian kids were waving American flags
in Moscow, and the president of the United States and the chancellor of
Germany were fast friends, American dominance felt like a rewarding and
gratifying pursuit. Now, we read bestsellers like Blowback and The Sorrows
of Empire, both by Asia expert Chalmers Johnson -- books in which the
purported costs of our dominance are counted in a litany of miserable
tolls. We're hated, Johnson informs us. We're resented. We're increasingly
opposed by other nations. And a fair number of the world's people would
like to kill as many of us as they possibly can. "In the long run," Johnson
writes, "the people of the United States are neither militaristic enough
nor rich enough to engage in the perpetual police actions, wars, and
bailouts their government's hegemonic policies will require."
I once had the good fortune to visit Rome and found myself sitting on a
perfect late-summer evening at a cafe on the vast Piazza Navona. Thousands
of Romans, ineffably beautiful and thoroughly relaxed, were gliding happily
back and forth across the plaza, hailing their many friends. The whole
city, it seemed, had just returned from a month's vacation in the hills or
by the sea. Shouted greetings and untroubled laughter were accompanied by
the soothing music of water splashing in a huge fountain wrought by the
master carver Bernini. My tummy was pleasantly full of prosciutto and figs
and warm bread dipped in olive oil, and I found myself thinking that the
best places to live in the whole world might be the capitals of former
empires -- Athens, Amsterdam, London, Madrid, Vienna and right there in
Rome -- where people enjoy all the cultural riches of having once dominated
the world but are blissfully free of the burdens of leadership.
There's just one problem with that, said Niall Ferguson. "There isn't
always a contender to take over" the job of leading the world; or sometimes
there is a contender, but one who happens to be a genocidal maniac. "If the
U.S. draws back from the imperial hubris of 2003 -- which I guess it
already is doing; after all, it's hard to imagine America taking any new
significant military actions for a while -- then the short-term and
medium-term scenario is that large parts of the world will be left in a
state of misrule under dictators, or in a state of no rule at all. That is
rather a troubling prospect."
Ferguson is one of the hottest young stars in the foreign policy world, a
thinker so big right now that he has hardly any fixed address. Just a few
years ago, he was an unknown Oxford scholar working on a history of global
fiscal policy (insert enormous yawn here). But it turned out that money
really does make the world go around, or at least that it helps enormously
to understand money if you want to understand history. Plus, Ferguson
writes with flash and verve. His first book was a hit in brainy circles,
and he followed it up with book after provocative book.
Now, at 40, he's a globe-trotting, multinational theorist of empire. It can
take days of e-mail exchanges and transatlantic telephone tag just to track
him down; when we finally did talk, he was taking a brief break from a
conference in Lisbon. At least I think he was still in Lisbon.
While I was trying to find him, I read Ferguson's recent cover article in
Foreign Policy magazine, a harrowing vision of a world without a dominant
country -- a condition he called "apolarity" or "a global vacuum of power."
We've seen such periods before, he observed: the so-called Dark Ages, for
example, after the collapse of the Roman Empire, and, more recently, the
demoralized 1920s, which gave rise to Hitler, Stalin and Mussolini in
Europe and a resurgent Ku Klux Klan in the United States. We now see that
the '20s also sowed the seeds of today's violent Islamicism, thanks to the
dispirited intellectuals of the former Ottoman Empire, who began dreaming
of a new order founded on strict Islamic law.
So: "Be careful what you wish for," Ferguson warned those who might like to
see America pull back from world leadership. "Apolarity could turn out to
mean an anarchic new Dark Age: an era of waning empires and religious
fanaticism; of endemic plunder and pillage in the world's forgotten
regions; of economic stagnation and civilization's retreat into a few
fortified enclaves."
It's one thing to say, as most big thinkers do, that no nation has ever
remained on top forever, and thus the United States, too, will someday see
its period of dominance come to an end. The tricky part, as Ferguson's
worries about a new dark age remind us, is figuring out a relatively
peaceful path from hyperpower to former power.
There are plenty of theories about potential rivals to American power 20 or
50 or 100 years from now. At current levels of growth, China will blow past
the United States as the world's biggest economy sometime in the next
half-century, according to economists at Goldman Sachs. China's influence
over East Asia is growing even faster than that. China's military is no
match for ours today, but it has nuclear-tipped missiles and a big army,
and the wealthier China becomes the more it can spend on guns, bombs,
airplanes and warships, if it so chooses. Many theorists can paint a vivid
picture of a not-so-distant world in which Asia is the center of the
action, with China dominating the continent. One piece of that picture
appeared in a recent article in the Massachusetts Institute of Technology's
magazine Technology Review, which declared that the "world's hottest
computer lab" is the one Microsoft has established in Beijing.
If Bill Gates is betting on China, perhaps we all should.
But even if things go smoothly for the Chinese, their nation is years away
from rivaling the United States. And things are not likely to go smoothly.
The coming years for China are precisely the phase in which other
developing countries have experienced financial panics, civic unrest,
economic meltdown and stagnation of trade.
Maybe Europe? Charles A. Kupchan of Georgetown University said the United
States and Europe were bound to clash after their common enemy -- communism
-- was conquered. Arguments over Iraq and the global warming treaty simply
sped up a process already underway. The development of the European Union
is moving much faster than anyone expected, Kupchan said, and the United
States might soon find itself competing with a confederation of European
countries. There may be a tipping point when the combined EU economy
becomes larger than the U.S. economy, when the euro rivals the dollar as
the global currency, and when America no longer sets the rules for global
banking and finance.
Not everyone buys the idea of a bulked-up Europe, however, because Europe
has problems of its own. European military power is mostly hollow, and some
of Europe's leading economies are wheezing. The demographic picture is
bleak: Native populations, especially in Western Europe, are aging and
shrinking, which means fewer workers and more pensioners -- not exactly the
muscular image of a rising superpower.
If it's true that no other power is ready -- or even close to being ready
-- to step into the yoke of history, America's choice is to either hang in
there or give up. Much of the world is not going to like either choice.
"Our real enemy may simply be . . . chaos in the world," said Walter
Russell Mead, the Henry A. Kissinger senior fellow in U.S. foreign policy
at the Council on Foreign Relations. Mead is another of the hot hands in
the foreign policy business, harder to reach than a mid-list movie star.
When I spoke to him by telephone, Iraq was boiling over and the United
Nations was dithering about the genocide in Sudan. Yet Mead pronounced
himself "optimistic" about the way history is unfolding -- as long as
events aren't allowed to drift into madness.
"Where I worry," he said, "is that the social and economic changes underway
are going to create chaos." Some countries, like the change-loving United
States, will be able to hack it in a world of change. Others will not. The
widening gap between the two is a zone of enormous danger, Mead believes.
"In many ways, I see Islamic terrorism as reflecting the changes of
modernity in societies that may not be ready for them, or are divided by
them," he said. "As the pace of change accelerates, and more and more
people are affected, I worry we will see increasing resentment aimed at the
country often seen as the source of these changes -- the United States."
Which brings us back to: Yikes.
I HALF-EXPECTED TO FIND FRANCIS FUKUYAMA SMOKING A PIPE AND PEERING AT A
GLOBE WITH HIS BROW FURROWED. Or standing over a huge table covered with
maps and encoded dispatches, his hands clasped behind him. Fukuyama is
among the most widely acclaimed foreign policy theorists in the world. Even
people who disagree with him routinely describe him as "brilliant."
But no, Fukuyama works in an ordinary professor's lodgings at 1619 Big
Think Blvd. His is one of several small offices grouped around a bullpen at
the Foreign Policy Institute of the Johns Hopkins University School of
Advanced International Studies. (Eggheads simply call it SAIS -- pronounced
"sice.") His standard-issue desk is heaped with the usual mounds of paper,
and his nondescript bookshelves overflow with volumes that pool on the
tables and spill to the floor. There is an appealing humility about the
place; you have to scour the jumble with your eyes to spot The End of
History and the Last Man, Fukuyama's book-length extension of his
influential essay.
Contrary to the assumptions of people who only read the title, Fukuyama
never claimed that historic events were going to stop happening after the
fall of the Berlin Wall. His thesis was limited to a philosophical claim.
He reminded readers that for almost 200 years, dating back to the German
philosopher G.F. Hegel, many big thinkers -- notably Karl Marx -- viewed
"history" as a sometimes violent struggle to determine the best way to
structure society. History was believed to be headed toward a solution.
Fukuyama argued that the end of the Cold War was "the end of history"
because it left no plausible alternative to free markets and liberal
democracy. End of argument, end of history.
Within that narrow definition, he may still be correct. The global clash of
ideologies may well be over. Bin Laden isn't trying to create the future so
much as he is trying to escape from it to the past, and a very distant,
parochial past at that: medieval Arabia, and step on it. Still, Fukuyama
acknowledged that this rarified use of the word "history" is less
enlightening than it once seemed, because any notion of history that
doesn't include the destruction of the World Trade Center is of dubious
value.
The world has moved on, and so has Fukuyama's thinking. His recent
cogitation has produced a seemingly simple but subtle realization that
might explain a lot about why America's role in the world has become so
difficult. America's enormous power, he noted, actually violates an axiom
of the political philosophy we have been promoting for the past two
centuries.
How so? As every civics class graduate knows, liberal democracy and free
markets depend on "checks and balances" to rein in excess, to correct
mistakes and to unleash creativity by bringing more ideas to the table. But
now the unmatched military, economic and cultural power of the United
States flouts the principle of checks and balances on a global scale. We
don't expect monopolies to work well in economic markets. We don't expect
dictatorships to survive free elections. Perhaps, he suggested, we should
not be surprised to find that hyperpower has not ushered in a pastoral
future.
"We believe that power without checks and balances is not safe -- even in
the hands of well-meaning people. But today, we are an unchecked power,"
Fukuyama said. "After September 11, the world saw America's unchecked power
in the military sphere. We reached out and overturned two regimes halfway
around the world, essentially without help, and said to other countries,
'If you don't like it, you can just stuff it.' "
This rankles the rest of the world, which is naturally suspicious of
unchecked power and, in fact, has a lot of practice in resisting it.
Europe, for example, relied for generations on a "balance of power"
strategy to stabilize the world. Whenever one government or axis became too
strong, a fluid system of treaties would generate a competing alliance to
level the field. This system wasn't pretty -- oceans of blood were shed in
the age of Napoleon, in World War I and in World War II. Yet rulers
preferred it to living with a single unchallenged power.
Then came a streamlined version of the same idea: the Cold War, in which
two nuclear superpowers checked and balanced each other through the threat
of mutual destruction.
American power "generates a big backlash," Fukuyama continued. While no
nation is in a position to offset American military power, the world has
other ways to thwart our intentions. Fukuyama envisions a difficult period
in which the United States is stymied by "the rest of the world [deciding]
not to cooperate with us on a lot of little things that, over time, really
matter."
Iraq may be one of those "little" things.
Al Qaeda could turn into another.
The doozy, though, is nukes.
Nukes are the great X-factor, the cloud of uncertainty, floating over Big
Think Boulevard. The future of Europe, the challenge of China -- such
topics are good for the next conference in Lisbon or Aspen or New York. But
bin Laden with a nuke: That's not a conference, it's a nightmare.
Everyone knows this, on some level. During the presidential campaign, both
George W. Bush and John F. Kerry agreed that it was the No. 1 national
security threat to the United States. But not everyone has really digested
the problem, which is significantly more complicated than the nuclear
threat during the Cold War. Having lived their entire lives in the shadow
of The Bomb, many Americans prefer not to ponder the ways in which today's
nuclear picture is more dangerous than ever.
During the Cold War, the world's security was built on a handful of
interlocking truths that were dreadful to contemplate, but blessedly
stable. First truth: It took a lot of money to develop a nuclear weapon.
Second truth: It wasn't easy to deliver those weapons. You needed a
long-range aircraft or intercontinental missile to put a nuke on a target
without being vaporized yourself. Together, these facts created the third
truth: We felt pretty sure that if we were going to be hit with a nuclear
attack, we would know where it came from and whom to bomb back. The fact
that nuclear bombs came with return addresses allowed us to deter nuclear
attacks by threatening apocalyptic, glowing-molten-rubble retaliation.
Every brick of that deterrent edifice is now crumbling. Technology makes
all things cheaper, including nukes. North Korea, a country where peasants
forage for grass like goats, has nukes. Pakistan, where impoverished youths
seeking an education must turn to schools preaching radical Islamism, has
nukes. Some experts might call them "crude" nuclear bombs, but remember:
Hiroshima and Nagasaki were hit by "crude" nuclear bombs.
Nor do you need a sophisticated jet or missile to deliver a bomb anymore.
It turns out that suicidal zealots driving panel trucks are very cheap,
very precise guidance systems. Who knew the world contained so many of them?
Cheap bombs plus cheap guidance systems mean that a nuke could go off in
Washington tomorrow, and we might never learn for sure where it came from.
Nor, as we've seen in our hunt for bin Laden, would we necessarily know
where to find the culprits. Nor, with an enemy that fetishizes death, could
we be sure the culprits would fear retaliation. For all these reasons, what
worked in the Cold War won't work anymore.
The bomb will determine whether America's current fight against radical
Islam represents a bump in the road of history or, as the venerable
neoconservative Norman Podhoretz argued recently in Commentary magazine,
"World War IV." Minus the bomb, in Fukuyama's words, "Islamism is much
weaker than fascism or communism were. Its appeal is limited to Arab and
Muslim countries. It has come to power in just three places -- Afghanistan,
Iran and Saudi Arabia -- and all three are a mess. It's a protest movement
of angry, marginalized people who haven't been able to integrate into the
modern world."
But . . .
"If they take over Pakistan, say, then they have 60 nukes. And all of a
sudden you have to take them pretty seriously." In other words, one of the
biggest historical questions the United States now faces is impossible to
answer. Ten years from now, will al Qaeda be a fading threat, or will
downtown Washington be a pile of radioactive debris?
Before leaving his office, I asked the professor to think back to the End
of History days. He smiled ruefully. "It's definitely less pleasant today,"
he said. "We've got some real problems now."
"YOU WANT TO HAVE SOME SOBERING THOUGHTS?" Walter Russell Mead had asked
during our conversation about world chaos.
Before I could answer no, he posed a mental experiment: "Ask yourself,
what's the worst that terrorists could do to us in 1901?"
History gives an approximate answer: In 1910, radical labor leaders bombed
the headquarters of the Los Angeles Times, whose publisher was a staunch
anti-unionist. The building collapsed, killing about two dozen people.
"Now, what's the worst they could do in 2001?"
That's easy. They did it on 9/11.
"Okay, what's the worst they could do on September 11, 2101?"
Ugh.
Advances in science and technology -- material progress in general -- are
not just a force for good. The bad guys also benefit. "It's not just
nuclear you have to worry about," Mead said. "It's biological, too." The
same genetic discoveries that promise new cures will, no doubt, reveal new
ways to kill as well. "See, technology strengthens the forces of order and
law, but it also strengthens the forces of anarchy and terror. Technology
is not the automatic problem solver. The notion of liberal democracy and
capitalism leading to the peaceful, quiet end of history underestimates the
dynamism that capitalism and liberalism actually contain. In that sense,
it's Pogo who has the last word: We have met the enemy and he's us . . .
It's not clear that our ability to cope with change is growing as fast as
the pace of change itself."
We might be getting to the nub of the matter here.
What were the 1990s all about in America if not a nation intoxicated by the
perfume of change and drunk on the promise of technology? We chose a
free-associating futurist, Newt Gingrich, to run Congress and a president
who painted word pictures of a sunny bridge to the 21st century. Business
leaders chanted the mantra "change or die," while the newsstands were full
of magazines offering to teach us how to make change our friend. There was
a giddiness to it all. In the future, people would live forever, and the
Dow would never go down. Only fuddy-duddies and Luddites and cranks saw any
drawbacks to the future.
But other people, including some cranks in caves, were taking a very
different view of change and of the future. They were asking which changes
they could prevent, which ones they could reverse, and which changes they
could turn into weapons against the future, judo-style. They failed to
rivet our attention because we didn't think they merited attention; they
weren't with the program. But guess what? Because of those people, the
"bleeding edge" of change that hip people enjoyed talking about 10 years
ago has turned out to involve a lot of actual bleeding.
The unsettling signs and portents of the late 1990s now strike us as the
burps and tremors of a volcano that was about to blow. The decadent trivia
of politics in those years -- the sex scandals, the debates over hairdos,
the millionaires and billionaires seeking to buy themselves high offices,
the extreme niche-marketing of issues that once led President Clinton to
offer a White House initiative on child safety seats -- all these combine
into a sort of barometer of our national blindness, and, as such, were
truly historic -- because they represent a generalized failure of the
futuristic hyperpower to see even the slightest distance into the actual
future.
Time and money wasted on such trivia could have been used instead to plan
for the menaces sure to crop up in the wreckage of the Cold War. Those
years could have been used to begin creating the new international
institutions, treaties and alliances that would allow the United States to
lead and stabilize the world without violating the tested principle of
checks and balances. They might have been used to craft a new strategy for
avoiding nuclear war that would have as much weight and urgency behind it
as the old strategy had.
To be fair, American leaders have tried, in various ways, to engage the
future. President Clinton pulled Bosnia back from the brink of chaos. The
first President Bush built a coalition to enforce the U.N. mandate to
liberate Kuwait. More recently, George W. Bush offered a doctrine of
preemptive action to replace the now-inadequate Cold War deterrence theory.
But none of these efforts have so far proved compelling enough to mark a
clear path forward.
Along Big Think Boulevard, people have their doubts whether America's
leaders, from either party, will be able to brace the public for what
promises to be a long and often unpleasant engagement with our clouded
future. There is, after all, a strong and deep vein of isolationism bred in
the American character. If one day in the not-so-far-off tomorrow we find
that we must choose, for example, between paying the costs of global
leadership and paying the pensions of our burgeoning retiree class, isn't
it likely that we will pull back -- whether or not there is an acceptable
nation ready to step into the void?
Again and again, I heard big thinkers draw a contrast between this era and
another hugely historic period: the immediate aftermath of World War II.
They noted the alacrity with which the Allies, seasoned by economic
depression and catastrophic war, pivoted to comprehend and face the future.
The war ended in 1945. The following year, Winston Churchill delivered his
"Iron Curtain" speech warning of Soviet expansionism. The next year, 1947,
George Kennan laid out the strategy of "containment" that was quickly
embraced by a bipartisan consensus of Western leaders, and the massively
expensive Marshall Plan was launched. By 1948, President Harry Truman had
established the doctrine that would guide Western foreign policy through
Democratic and Republican administrations for the next 40-plus years. And
in 1949 NATO was created to implement that policy.
Four years to reinvent the world.
I got a lot of shrugs and groans when I asked if anyone perceives a similar
vision and unity of purpose today. Mead chose to answer by quoting
Churchill. "He said, You can always count on the Americans to do the right
thing -- after exhausting all the other possibilities."
THERE CAME A POINT IN THIS INVESTIGATION WHEN I NEEDED TO HEAR THE BRIGHT
SIDE, if there was one, in meatier form than the empty campaign-season
exhortations that were leading the morning newspapers. So I sought out
Joshua Muravchik, whose specialty is studying the spread of democracy and
freedom around the world. His little office is located at the American
Enterprise Institute, one of Washington's oldest and most influential think
tanks, where Muravchik is a resident scholar. AEI occupies several floors
of a nondescript Washington high-rise just off Big Think Boulevard -- a
gray building on a gray street under gray skies the morning I visited.
Muravchik is a neoconservative of the purest type, meaning that he started
out some 40 years ago as a hawkish Democrat and today is a hawkish
Republican. He is different from the classic conservatives of the GOP --
the "old-o-cons," as some call themselves. Neocons are more likely to
eagerly seek out opportunities to change the world; old-o-cons are more
likely to advise caution, on the theory that the world's biggest problem,
namely human nature, is stubbornly resistant to change.
Neocons in the Bush administration got much of the credit -- or blame, take
your pick -- for the decision to invade Iraq. So when you meet a thinker of
this sort, you might expect a fire-breather. Muravchik, however, turned out
to be a genial fellow of winning humility. "You're asking big questions,"
he said right off the bat. "I'll probably get myself into trouble here."
Then in he dove. Sure, he said, we're looking at a tricky and scary patch
of history ahead. And yes, eventually, history will erode America's
dominance. "Obviously, our time on top won't last forever. Everything comes
to an end. But whether it lasts another 50 years or 500 years, I can't say.
My guess is, this has a long way yet to go."
He believes this because he sees a strong historical tide flowing in our
direction. "For how many millennia was the world run by kings and
warlords?" Muravchik asked. "And then the first elected democracy springs
to life in 1776. It was a very imperfect democracy, a slave democracy, but
still it contained this idea that people would elect a government
temporarily and then a few years later elect a new one.
"How many people participated? A small group: The entire political polity
of the early United States was what -- a million people? From then to now
is a blink of an eye in historical terms. But today, of the 192 countries
in the world . . . 120 have elected governments." Granted, many of those
are far from true democracies, but 89 qualify as "free" nations, Muravchik
said, in which citizens elect their leaders and enjoy human rights
guaranteed by the rule of law.
"Not all of that was accomplished by the United States," he concluded, "but
it began with the American model." This "remarkable triumph of American
ideas" leaves him in the "long-run view . . . optimistic."
The neocon had the same worry as the rest of the Big Think gang: that
Americans, bloodied by Iraq, scorned by former allies, ill-served by
squabbling leaders, will elect to pull back from a menacing world. "People
could say: 'This is crazy! Bush bit off more than we could chew. We have a
good life here . . . let's just batten down the hatches,' " Muravchik said.
My mind drifted back to that evening in Rome, and my vision of the happy
lives of the formerly dominant.
"The withdrawal of American power would stir fears all over the world,"
Muravchik went on, puncturing my reverie. "It would create temptations,
because the people who rule nations are very ambitious men. Some would act
on those ambitions. The result would be lots of bloodshed, and at some
point, we would be dragged back in."
At that point, history suggests, things would look even worse than they do now.
I came away from Big Think Boulevard having reached a few conclusions, for
what they are worth.
The end of history was a dream, lovely and fleeting.
While we slumbered, the grass grew very tall.
Now we have to cut it, and if there is an easy way to accomplish the job,
no one knows what it is.
And last: The very hope that such work would ever become easy -- the
eternal but vain wish that history will level off into a broad and
tranquil, sunlit meadow -- is a big part of the reason we're in such
trouble. The most enticing dreams can be the most dangerous.
David Von Drehle is a Magazine staff writer. He will be fielding questions
and comments about this article Monday at 1 p.m. at
washingtonpost.com/liveonline.
--
-----------------
R. A. Hettinga <mailto: rah(a)ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
1
0
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
<http://www.techcentralstation.com/111904H.html>
TCS: Tech Central Station -
Ryan H. Sager
Rethinking Libertarian Minimalism
By Ryan Sager
Published
11/19/2004
Libertarians need to get serious about foreign policy.
That's the proposition I put forward earlier this week on my blog,
Miscellaneous Objections, as part of a broader discussion of the future of
libertarianism, and it has drawn a number of interesting -- and often
heated -- responses.
Questions of foreign policy have always been difficult for those of us who
espouse a philosophy of limited government domestically, and they have only
grown more difficult, though at the same time more critical, since
September 11, 2001.
Unfortunately, instead of reassessing their minimalist instincts when it
comes to intervention abroad, many in the institutional centers of the
libertarian movement -- principally at the Cato Institute and, to a lesser
extent, at Reason magazine -- have remained mired in a pre-9/11 mindset.
Here, I would like to address some of the key arguments people are making
against both the need for a coherent (or at least vaguely cohesive)
libertarian foreign policy and the premise that one doesn't exist already.
"We're libertarians, we don't need to agree on anything."
The most common response to any call for libertarians to rethink their
stances on foreign policy is that there's no reason that libertarians
should all have to agree on one approach. True enough, if libertarianism is
a debating club. But that sort of thinking is a bit facile if libertarians
hope to have any impact on politics and public policy.
And we should want that. We are not powerless. This year, a Rasmussen
survey estimated that libertarians make up roughly 10% of the electorate --
and that's just self-identified libertarians. People who share libertarian
beliefs in small government and social tolerance likely make up another
10%-20% of the electorate.
In a 50-50 political landscape -- or even a 51-48 landscape -- that's real
power. When libertarians are so united on domestic issues (taxes, Social
Security, spending, drug laws, gay marriage, etc.), is it not worth it to
begin a serious debate about what libertarians believe about foreign policy
and what ideas we can offer in the War on Terror?
Foreign policy, with the focus right now on the war in Iraq, is the primary
issue that dilutes the libertarian voting bloc. Since similar issue are
likely to define the next few federal elections -- at the very least --
libertarians are going to have to reach a rough consensus of some kind.
Otherwise, their votes will perpetually be split between the two parties,
lessening their leverage with regard to each.
Libertarianism can, of course, continue to exist in such a state. But it
would enjoy less sway within its traditional home, the Republican Party,
while at the same time never making a full move to the Democratic Party.
That's why, for those of us who believe in a muscular foreign policy -- or
at least a more-than-minimal one -- it is worth engaging our libertarian
friends, to at least see how far apart we are.
What will not work is the current attitude in some libertarian circles that
the focus can be kept on domestic issues -- where we agree with each other
and have more experience -- while the national debate passes by us.
"What exactly do you mean by 'serious'?"
The first response of libertarians accused of not being "serious" about
foreign policy is to suspect they are really being called wimps for not
supporting the war in Iraq.
The question of Iraq is inextricable from this debate, but it is not
central. People of good will and good judgment disagreed about the Iraq
invasion before it happened, and we all have our various assessments of how
it has turned out so far.
The question now, however, is how are libertarians dealing with the Iraq
issue as it stands today? There is a strong temptation for them to say,
"Hey, it's not our problem." But that's obviously not very helpful.
Nonetheless, that would be a fairly accurate description of the output of
the Cato Institute foreign-policy staff since the war started.
* On Dec. 13, 2003 -- after the March 2003 invasion -- Cato published a
policy analysis titled, "Iraq: The Wrong War." ("We told you so!")
* On Jan. 5, 2004, Cato published, "Can Iraq Be Democratic?" (Cato's
answer: "No.")
* This June, Cato published the book, "Exiting Iraq." The book calls for a
withdrawal date from Iraq of -- wait for it -- Jan. 31, 2005. (That's a
little over two months from now.)
* Since the start of the war, Cato has also called for the United States to
withdraw all troops from the Gulf region -- even suggesting that we reverse
the long-standing policy of deploying a carrier battle group in the Persian
Gulf. (Talk about a surrender. But at least terrorists have never taken
Western withdrawal as a sign of weakness and an invitation to further
attacks -- oh, wait.)
Now, libertarians are free to get all touchy when people think of them as
less-than-serious when it comes to defense issues, but there's a reason
their opinions are written off almost completely in this area, and have
been for some time, by anyone even in proximity to power. And anyone who
thinks that libertarian opinions on these matters are not written off in
the rest of the Republican Party -- well, they're either out of touch, or
they're not paying attention.
So, "serious," in this context, means forward-looking (not fixated on
recrimination), based in a plausible reality (with at least some eye to
political considerations) and with some appreciation of the nature of the
terrorist threat (eschewing the appearance of retreat).
By and large, libertarians, under this definition at least, have been
anything but serious when it comes to foreign policy lately.
"Libertarians don't have anything constructive to offer in the War on Terror."
The strangest thing about this argument is that libertarians are the ones
making it. Basically, some say, any war -- on terror, in Afghanistan, in
Iraq -- costs money and curtails civil liberties. The job of libertarians,
then, is simply to whine about spending and assist the ACLU in opposing the
governmental bad guys at home.
Now, don't get me wrong, libertarians do have an important roll to play in
opposing the infringements on civil liberties that the Bush administration
seems to think are allowed for in the Constitution somewhere (they're not,
trust me, I've read it).
But libertarians, limiting themselves to the sidelines like this, are
really doing themselves -- and not to sound too grand, but the country -- a
disservice.
Libertarianism, in and of itself, does not in any way limit its adherents
to a minimalist approach to foreign policy -- i.e. using the least amount
of force possible to respond only to the most imminent of threats.
While aggressively pursuing empire or invading any country that looks at
America funny would certainly not be in accordance with libertarian or
classical liberal thinking, there is otherwise quite a bit of flexibility
to be had.
Pro-war and anti-war libertarians don't have to get together on Iraq in
retrospect. It's not going to happen, and there's not much to be gained by
rearguing the last two years. But they should think about how they could
congeal going forward.
If anti-war libertarians are as serious about fighting the War on Terror as
those who favored the war, they're going to have to come up with a lot
better than the John Kerry-esque line that we need to turn our attention
back to finding Osama bin Laden and fighting al Qaeda.
Bin Laden is one man whose capture would be nice -- very, very nice -- but
likely of little strategic import. And, well, we have been fighting al
Qaeda aggressively; we could always kill more of them, but that's more of a
truism than a policy proposal.
So, where can libertarians agree and what can they offer?
Where libertarians have a natural advantage, due to their quirky politics,
is in being able to think creatively and take a step back from the partisan
battles that define much of our public discourse.
* Libertarians could dedicate some of their intellectual firepower to
supporting intelligence reform, for instance, and the strengthening of our
human assets in the Middle East and the Arab world generally.
* Libertarians could delve into questions of nation-building -- all the
better to help us disentangle ourselves from where we're entangled more
quickly. What are the prerequisites of a free society? How can they be
fostered? How can we turn over power to the people we've liberated? For
instance, Cato has put out a few policy papers on how Iraq can set up a
monetary system and deal with its debt; that's a start.
* Libertarians could also turn their attentions to the question of how we
can help the Arab world liberalize on its own. Charles Paul Freund at
Reason has written extensively on the power of Western culture to bring
openness and modernity to Arabs hungry for change. Libertarians were
knee-deep during the Cold War in efforts to sneak Western, democratic and
free-market ideas into Eastern Europe -- something for which the peoples of
those countries are deeply grateful today. Why now, with the West facing
the threat of Islamofascism and millions of Arabs and others suffering
under it, are libertarians suddenly so afraid to look outward?
Libertarians could be spearheading an effort like that during the Cold War
to translate and transmit classics of liberal thought, bringing them to
democratic-minded people trapped in repressive societies. They could be
working to help these people get access to the Internet and to American
radio and television broadcasts. They could be pushing for funding of
pro-democracy movements. And they could be spearheading a push for an
American free-trade initiative to bring economic opportunity to developing
Arab nations.
These are, admittedly, just the most rudimentary of thoughts about the way
forward for libertarians. We need to see where we're divided and see where
we can find common ground. What won't work, however, is a continued
attachment to minimalism in terms of our foreign-policy thinking.
Libertarians need more than that.
Ryan Sager edits the blog Miscellaneous Objections. He can be reached at
editor(a)rhsager.com.
- --
- -----------------
R. A. Hettinga <mailto: rah(a)ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
-----BEGIN PGP SIGNATURE-----
Version: 1308
iQA/AwUBQaAWFsPxH8jf3ohaEQIOgwCfQD37PLr+CE/OS0cvj6ZdLXSDyAMAoNld
QnWvITrmgwh1O4llT1ix+5l6
=o+ze
-----END PGP SIGNATURE-----
1
0
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
<http://www.techcentralstation.com/111804H.html>
Tech Central Station
Long Live Free Fallujah!
By Stephen Schwartz
Published
11/19/2004
With the liberation of Fallujah and the fall of the jihadist regime in the
town, it is apparent that American media intend to keep their story on
message: the message being that the U.S. military operation there has
failed and that Fallujans, and Iraqis in general, still hate the
intervention forces.
At the same time, other reports tell a more significant and eloquent
story: the jihadists had set up a Taliban-style dictatorship, in which
women who did not cover their entire bodies, people listening to music, and
members of spiritual Sufi orders -- that is, ordinary Fallujans -- were
subject to torture and execution.
The Fallujans have learned the same lesson the Shias learned before them,
and the Afghans before them: U.S. boots on Muslim soil may be onerous, but
American military action is preferable to the unspeakably vicious
criminality of Islamist extremists financed, recruited, and otherwise
encouraged by Wahhabism, the state religion in Saudi Arabia.
When Phnom Penh fell to the Khmer Rouge almost 30 years ago, Western media
reported it as the liberation of a city. Noam Chomsky hailed the forced
evacuation of Cambodian towns as a noble social experiment. But many
journalists were soon forced to record the truth about Khmer Rouge cruelty.
It took longer for Western, and especially American media, to stop
glamorizing the Sandinistas in Nicaragua and the Stalinist guerrillas in El
Salvador, and to admit that the masses of people in those countries
rejected their claims to represent them. An editor at the San Francisco
Chronicle, where I worked, on the day after Violeta Chamorro (remember
her?) won election in Managua in 1990, told me, "Nicaragua is no longer a
news story for us." I asked, "is that because there will be no more
violence?" He said, "No, it's because the U.S. is no longer a target." I am
sure he meant "a target of our reporting."
Since the Vietnam era, American journalists seem to operate by an ethic
reversing the infamous slogan of antiwar demonstrators, who chant "media
lies, people die." Much more accurate would be to say "people die, media
lies." American media lied about Vietnam, telling us the Communists won the
Tet offensive when they were defeated -- and when, by the way, the
recapture of the traditional capital city of Hue disclosed that the
Communists had rounded up and executed some 6,000 people. American media
lied about Central America, as noted; American media still lie about Cuba,
portraying the Castro regime, which has driven the average standard of
living of the people drastically down, as the most progressive in Latin
America.
Much of American media lied about the wars in Yugoslavia, depicting
Slobodan Milosevic, early on, as a reformer in the style of Gorbachev. They
continued by "explaining" Serbian aggression against Slovenes, Croats,
Bosnian Muslims, and Albanians by the alleged wholesale collaboration of
the victims' great-grandparents with the Nazis. Presumably, the 1,100
children killed in the siege of Sarajevo were all members of a Bosnian
Waffen SS division about which much propagandistic ink has been spilled
over the years. And they repeated ad nauseam the false charge that equal
atrocities were committed on all sides, when the great majority of mass
murders, rapes, deportations, and expulsions were carried out by the Serbs.
Where the ink of lies is spilled, the blood of victims soon follows. Media
liars are sharks; they gather at the smell of blood. And in this deadly
cycle of untruths, Iraq has set new standards for media mendacity.
President Bush and his team are reviled because the Iraq war was described
by one adviser as a "cakewalk;" well, the conquest of Baghdad was a
cakewalk, remember? Then the administration was defamed because the Iraqis
did not strew roses in the path of our service personnel. Terrorism
suddenly became "insurgency" and "resistance," with the veteran fabricators
of The New York Times -- who lied about Stalin's famine in the 1930s and on
numerous occasions thereafter -- adopting the propaganda vocabulary of
al-Jazeera.
Strangely, throughout the Iraqi struggle, Western media have joined Western
politicians in a reluctance to name the "foreign fighters" in Fallujah as
what they are -- mostly Wahhabis, and mainly Saudis. Those who monitor Arab
media know this to be true because when jihadists die in Fallujah, their
photographs and biographies appeared in newspapers south of the Iraq-Saudi
border. Western media "analysts" added to the fog of disinformation by
alleging that the Shia rebels of Moqtada ul-Sadr would join the Wahhabis in
Fallujah. But Islamic media around the world began to produce curious
items: Moqtada ul-Sadr issued an order for the execution of any Wahhabis
caught infiltrating the Shia holy cities; Abu Musab al-Zarqawi, in turn,
supervised the beheading of an Iraqi Shia accused of spying for the
Americans. Top Shia cleric Ayatollah Ali Sistani issued a fatwa saying that
anybody who obstructed the U.S.-sponsored elections in Iraq is destined for
eternal fire. And the 26 leading Wahhabi radicals in Saudi Arabia published
an open letter to the Iraqis calling for stiffened resistance in Fallujah
and forbidding any cooperation with the U.S. forces. Little of this was
reported in or digested by American media, which stuck to their story:
Americans bad, terrorists in Iraq good.
Most Western journalists seem to have fled Fallujah as the fighting there
heated up. But news is now trickling out of the liberated city, and it is
fascinating to read. The London Times on Monday, November 15, described
Fallujah as "terrorized" by the jihadists, who posted notices ordering
death sentences on walls and poles throughout the streets. "Mutilated
bodies dumped on Fallujah's bombed out streets today painted a harrowing
picture of eight months of rebel rule," it began. The characteristically
arbitrary, if not insane tone of Wahhabi/Taliban "governance" was clearly
in evidence: An order dated November 1 "gives vendors three days to remove
nine market stalls from outside the city's library or face execution. The
pretext given is that the rebels wanted to convert the building into a
headquarters for the 'Mujahidin Advisory Council' through which they ran
the city."
Orders to conform to Wahhabi "virtue" were backed up by graphic examples:
"An Arab woman, in a violet nightdress, lay in a post-mortem embrace with a
male corpse in the middle of the street. Both bodies had died from bullets
to the headB
Many of the residents who emerged from the ruins welcomed the
U.S. marines, despite the massive destruction their firepower had inflicted
on their city. A man in his sixties, half-naked and his underwear stained
with blood from shrapnel wounds, cursed the insurgents as he greeted the
advancing marines on Saturday night.
"'I wish the Americans had come here the very first day and not waited
eight months,' he said, trembling. Nearby, a mosque courtyard had been used
as a weapons store by the militants. Another elderly man, who did not want
his name used for fear the rebels would one day return and restore their
draconian rule, said he was detained by the militants last Tuesday and held
for four days before being freedB
'It was horrible,' he told an Agence
France-Presse reporter. 'We suffered from the bombings. Innocent people
died or were wounded by the bombings. But we were happy you did what you
did because Fallujah had been suffocated by the Mujahidin. Anyone
considered suspicious would be slaughtered. We would see unknown corpses
around the city all the time.'"
The account continues, "Even residents who regard themselves as observant
Muslims lived in fear because they did not share the puritan brand of Sunni
Islam that the insurgents enforced. One devotee of a Sufi sect, followers
of a mystical form of worship deemed heretical by the hardliners, told how
he and other members of his order had lived in terror inside their homes
for fear of retribution.
"'It was a very hard life. We couldn't move. We could not work,' said the
man sporting the white robe and skullcap prescribed by his faith. 'If they
had any issue with a person, they would kill him or throw him in jail.'"
There are, perhaps, some Western Islamophobic ideologues who, from the
safety of their suburban homes, would love to tell these Muslim victims of
terrorism that their torment was their own fault for not changing or
altering their traditional Islamic faith. Some people have no shame. But
sooner or later Americans will understand what Iraqis are learning: that
our troops went there to free Islam, not to destroy it; that in a choice
between American supervision and Taliban atrocities, the ordinary Sunnis
and the mystical Sufis and the majority Shias will opt for our help.
Meanwhile, the body count is encouraging: in Fallujah, 38 Americans and
five Iraqi regulars lost; 1,200 terrorists killed. Long live free Fallujah!
- --
- -----------------
R. A. Hettinga <mailto: rah(a)ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
-----BEGIN PGP SIGNATURE-----
Version: 1308
iQA/AwUBQaAWGcPxH8jf3ohaEQLEZwCg/hZmOyHaSGuXFi8V4NjrZ/z56jMAoNIr
VTeUa8N59DnMG+AbQJHAAV7t
=0kV3
-----END PGP SIGNATURE-----
1
0
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
- --- begin forwarded text
To: "Bruce Tefft" <btefft(a)community-research.com>
Thread-Index: AcTNAwGu+++zgK7aQ5yfqJWprtY+xAAFRDpg
From: "Bruce Tefft" <btefft(a)community-research.com>
Mailing-List: list osint(a)yahoogroups.com; contact osint-owner(a)yahoogroups.com
Delivered-To: mailing list osint(a)yahoogroups.com
Date: Wed, 17 Nov 2004 21:42:54 -0500
Subject: [osint] Group to launch terrorist database
Reply-To: osint(a)yahoogroups.com
Wednesday, November 17, 2004
Group to launch terrorist database
BY Diane Frank
Published on Nov. 17, 2004
National Memorial Institute for the Prevention of Terrorism
"DHS plans info hub" [FCW.com, April 7, 2004]
"DHS debuts info portal" [FCW.com, April 19, 2004]
A new system with detailed historical information on terrorism could become
the first stop for first responders and other government officials
developing strategies to prevent incidents nationwide, experts said
Wednesday.
The Terrorism Knowledge Base is the latest Web-based resource from the
National Memorial Institute for the Prevention of Terrorism, a nonprofit
organization in Oklahoma City. The institute developed three solutions,
which also include the Lessons Learned Information System and the Responder
Knowledge Base, with funding from the Justice and Homeland Security
departments.
This system provides open-source, unclassified information on international
and domestic terrorism, pulling information from a database of terrorist
incident information maintained since 1968 by Rand, nonprofit research
organization. It also incorporates links to original court documents
pertaining to suspected terrorists.
The institute's analysis tools collect this information and allow officials
to compare and sort the information. A wizard tool takes users through a
step-by-step process to find the information they want.
The Rand database had not been available to the public or much of government
until now, and it provides information about groups, individuals, incidents,
tactics and other issues that can provide critical context when developing a
prevention and response strategy, said James Ellis, research and program
coordinator for the project at the institute.
"A lot of people, when they're doing that kind of planning, they're always
trying to think hypothetically, theoretically, what might terrorists do,"
Ellis said. "That's fine, but why don't we look at what they actually have
done over the last several decades, and use that to be able to have
real-world data to support them."
Using open-source terrorist information from public and private sources is
one of the recommendations of the 9-11 Commission, said Lloyd Salvetti, a
former officer with the CIA and a consultant to the commission. It is an
important complimentary resource for the intelligence community and first
responders, he said.
For first responders at the federal, state and local levels of government,
the systems fill a void by providing information in a resource that even
those who are not technology-savvy can use, said Suzanne Mencer, director of
DHS' Office for Domestic Preparedness.
"Whenever you can look at historically what has occurred in a particular
area, that gives you some indication of the potential for what may occur in
the future," she said. "This is an indicator, ... one tool in the toolbox
for the investigator, for the academic, or anyone that is in the
decision-making process."
http://www.fcw.com/fcw/articles/2004/1115/web-terrordata-11-17-04.asp
- ------------------------ Yahoo! Groups Sponsor --------------------~-->
Make a clean sweep of pop-up ads. Yahoo! Companion Toolbar.
Now with Pop-Up Blocker. Get it for free!
http://us.click.yahoo.com/L5YrjA/eSIIAA/yQLSAA/TySplB/TM
- --------------------------------------------------------------------~->
- --------------------------
Want to discuss this topic? Head on over to our discussion list,
discuss-osint(a)yahoogroups.com.
- --------------------------
Brooks Isoldi, editor
bisoldi(a)intellnet.org
http://www.intellnet.org
Post message: osint(a)yahoogroups.com
Subscribe: osint-subscribe(a)yahoogroups.com
Unsubscribe: osint-unsubscribe(a)yahoogroups.com
*** FAIR USE NOTICE. This message contains copyrighted material whose use
has not been specifically authorized by the copyright owner. OSINT, as a
part of The Intelligence Network, is making it available without profit to
OSINT YahooGroups members who have expressed a prior interest in receiving
the included information in their efforts to advance the understanding of
intelligence and law enforcement organizations, their activities, methods,
techniques, human rights, civil liberties, social justice and other
intelligence related issues, for non-profit research and educational
purposes only. We believe that this constitutes a 'fair use' of the
copyrighted material as provided for in section 107 of the U.S. Copyright
Law. If you wish to use this copyrighted material for purposes of your own
that go beyond 'fair use,' you must obtain permission from the copyright
owner.
For more information go to:
http://www.law.cornell.edu/uscode/17/107.shtml
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/osint/
<*> To unsubscribe from this group, send an email to:
osint-unsubscribe(a)yahoogroups.com
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
- --- end forwarded text
- --
- -----------------
R. A. Hettinga <mailto: rah(a)ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
-----BEGIN PGP SIGNATURE-----
Version: 1308
iQA/AwUBQZwlkcPxH8jf3ohaEQKroQCg82xMvgzE8iKa4nFBQhLz38DRfu4AoLZ5
4NuZU7TrbohtCbgKEXX3Td0E
=QZG7
-----END PGP SIGNATURE-----
3
3
Dear Mr. Uche.
Internal Medicine (Harrison) - not available
Anatomy and Physiology (Keith & Moore) - not available
Principles of Biology (Lehringer) - not available
Please check http://www.amazon.com
And, just for your information, you sent your message to totally wrong
recipients.
Wish you best of luck.
- c.a.t.
www.iis.com.br/~cat
----- Original Message -----
From: "pascal uche" <libraryoflosuniversiti(a)fastermail.com>
To: <cypherpunks(a)minder.net>
Cc: <bug-glibc(a)gnu.org>
Sent: Saturday, November 20, 2004 8:07 AM
Subject: bulk to order
> dear sir/madam
> my name is pascal uche,
> i just want to know the prices of this medical book,s bellow and there
> shipment cost to nigeria with DHL courier service,the book,s are at bellow
> brunna and sudath test book of medical surgical nursing
> intenal medicin by harison
> keith more anatomy and physiology
> lehninger principles of biology
> and i will like u to also indecate for me more intreting medical book,s u
> have on ur store,
> thank u and i will be waitin for ur reply ASAP
>
> PASCAL UCHE
> --
> _______________________________________________
> Get your free email from http://fastermail.com
>
> Powered by Outblaze
1
0
20 Nov '04
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
- --- begin forwarded text
To: osint(a)yahoogroups.com
User-Agent: eGroups-EW/0.82
From: "gwen831" <DnNet628(a)netscape.net>
Mailing-List: list osint(a)yahoogroups.com; contact osint-owner(a)yahoogroups.com
Delivered-To: mailing list osint(a)yahoogroups.com
Date: Fri, 19 Nov 2004 19:45:18 -0000
Subject: [osint] NSA director could be in line for CIA deputy director post
Reply-To: osint(a)yahoogroups.com
http://www.govexec.com/dailyfed/1104/111704g1.htm
GovExec.com
DAILY BRIEFING
November 17, 2004
NSA director could be in line for CIA deputy director post
By George Cahlink
gcahlink(a)govexec.com
The Central Intelligence Agency has been rocked in recent weeks by
changes brought by new director Porter Goss, and the shake-up could
continue with the appointment of a tough deputy director.
Reuters reported on Tuesday that Goss was considering naming National
Security Agency Director Lt. Gen Michael Hayden to the agency's No. 2
slot. John McLaughlin, who served as acting CIA director this summer,
recently announced his retirement from the deputy director post.
Hayden has been one of NSA's most visible, powerful and, in some
quarters, controversial directors, as he has fought to reorganize the
signals intelligence agency. If he were tapped for the CIA slot, he'd
likely bring the same aggressive management style to the beleaguered
agency.
Goss served as chairman of the House Permanent Select Committee on
Intelligence before being nominated for the CIA job in August. In that
position, he conducted oversight of the NSA and worked closely with
Hayden to increase the agency's budget.
Hayden, who is NSA's longest-serving director, has been relentless in
pushing change at the intelligence agency since taking over in March
1999. He's asked longtime agency workers to retire to make way for new
hires, outsourced information technology work, expanded the pool of
contractors, raised the agency's profile, and consolidated leadership
ranks.
Few would argue that changes were not needed at an agency with a
veteran workforce trained and computer systems designed for the Cold
War. James Bamford, author of two best-selling books on the NSA,
credits Hayden with continuing to let veteran workers go even after
the Sept. 11 terrorist attacks.
"The people they had were people they did not need," said Bamford, who
noted that the agency had a surplus of Soviet analysts and linguists
but too few Middle East experts.
Retired Air Force Lt. Gen. Charles Boyd, now head of Business
Executives for National Security, who served with Hayden, said, "He
sold needed reforms to those with oversight and resources. He's
presided over a transition there from an institution geared toward the
Cold War into one for a new world with different technology."
Some NSA veterans however, have protested Hayden's moves.
"Coming to a place and telling a large group of well-qualified
professionals they need be cleaned out is not the way to change an
agency," said Michael Lavin, who worked at the agency from 1947 to
1993, first as an analyst and later as a policymaker and spokesman.
NSA veterans with obsolete skills should be retrained to prevent the
loss of corporate memory, Lavin argued.
Hayden earned praise for his efforts to expand the NSA's contracting
base and upgrade the agency's aging computer systems. In 2001, the
agency inked a $2 billion outsourcing deal with an industry team, led
by Computer Sciences Corp., to upgrade and run the agency's computer
operations over the next 10 years.
Congress, however, has not been happy with how the agency tracked its
spending. In 2004, the NSA lost its independent spending authority,
and its budget is now managed by Defense undersecretaries.
Steven Aftergood, an intelligence expert with the Federation of
American Scientists, noted that Hayden is one of the few intelligence
managers to escape blame for Sept. 11. "Everyone has been down on the
CIA," he said, "but NSA came through almost completely unscathed."
- ------------------------ Yahoo! Groups Sponsor --------------------~-->
$9.95 domain names from Yahoo!. Register anything.
http://us.click.yahoo.com/J8kdrA/y20IAA/yQLSAA/TySplB/TM
- --------------------------------------------------------------------~->
- --------------------------
Want to discuss this topic? Head on over to our discussion list,
discuss-osint(a)yahoogroups.com.
- --------------------------
Brooks Isoldi, editor
bisoldi(a)intellnet.org
http://www.intellnet.org
Post message: osint(a)yahoogroups.com
Subscribe: osint-subscribe(a)yahoogroups.com
Unsubscribe: osint-unsubscribe(a)yahoogroups.com
*** FAIR USE NOTICE. This message contains copyrighted material whose use
has not been specifically authorized by the copyright owner. OSINT, as a
part of The Intelligence Network, is making it available without profit to
OSINT YahooGroups members who have expressed a prior interest in receiving
the included information in their efforts to advance the understanding of
intelligence and law enforcement organizations, their activities, methods,
techniques, human rights, civil liberties, social justice and other
intelligence related issues, for non-profit research and educational
purposes only. We believe that this constitutes a 'fair use' of the
copyrighted material as provided for in section 107 of the U.S. Copyright
Law. If you wish to use this copyrighted material for purposes of your own
that go beyond 'fair use,' you must obtain permission from the copyright
owner.
For more information go to:
http://www.law.cornell.edu/uscode/17/107.shtml
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/osint/
<*> To unsubscribe from this group, send an email to:
osint-unsubscribe(a)yahoogroups.com
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
- --- end forwarded text
- --
- -----------------
R. A. Hettinga <mailto: rah(a)ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
-----BEGIN PGP SIGNATURE-----
Version: 1308
iQA/AwUBQZ9PcMPxH8jf3ohaEQK8BACgm/szNVus6K4hMs2QjovuLi8gAVIAoLPk
ej+MqbixbWbBSP0oa9WxXFQc
=hesR
-----END PGP SIGNATURE-----
1
0
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
<http://www.nationalreview.com/script/printpage.asp?ref=/moore/moore20041119…>
The National Review
November 19, 2004, 11:21 a.m.
A Tax-Ban No Brainer
Congress should keep the Internet-tax ban in place.
Today the House of Representatives will vote to extend the ban on Internet
taxation through November of 2007. Keeping cyberspace tax free has long
been a goal of anti-big-government and pro-technology forces in Washington.
This bill, led by Chris Cox in the House and John McCain and George Allen
in the Senate has significant opposition from tax-eater lobbying groups on
Capitol Hill, especially state and local governments who hope that the
World Wide Web will be their next great cash cow. The Senate enacted the
bill earlier this week; the House should follow suit, and keep the
Internet-tax ban in place.
President Bush strongly supports this legislation. So, if the House does
its job, next week this pro-taxpayer legislation will be the law of the
land.
The new law will mean no taxes on Internet access, unless you use dial up
and pay the telephone tax (which should be eliminated as well). It also
means no tax on Internet sales. In other words, the Internet will be a
genuine tax-, regulation-, and tariff-free zone.
A tax on the Internet would do real damage to the U.S. economy. Economic
growth in recent years has been propelled by the technology sector, which
has made a big-time rally after the implosion of 2000-01, when the NASDAQ
fell from 5,000 to 1,500.
The argument against the ban on the Internet tax is that states and
localities need the money and that Internet purchases are eroding the tax
base of city hall and state governments. This is preposterous. The states
and localities are now awash in cash. For example, my home state of
Virginia has a $1 billion state-tax surplus. The same rosy fiscal picture
is true in local governments across the nation. A new Cato Institute study
finds that states and localities have already doubled their tax collections
over the past twelve years, even without tapping into the new frontier of
the digital economy. Governors and mayors should now be aggressively
cutting taxes, not finding sneaky new ways to add to their coffers.
The policy that Congress is about to adopt is simply a continuation of the
federal law that has been in place for the past six years. Since 1998
Congress has wisely declared the Internet a tax-free zone by establishing a
moratorium on Internet-access charges. An "access charge" is essentially a
toll on using the Internet. The idea was to prevent the government from
causing infant crib death of this new consumer technology. After all, as
Justice John Marshall once observed, "the power to tax is the power to
destroy." By all accounts, the Internet-tax moratorium has been a
resounding success. In 1985, about one in six American families and
businesses had access to the web; now, three in four do.
Moreover, e-commerce is the new frontier of business enterprise.
International Data Corporation recently estimated that the Internet economy
in 2003 reached $2.8 trillion. In the U.S. alone, e-commerce accounted for
$500 billion in business activity and employed 2.3 million Americans. The
Internet sector of the economy is growing at 12 percent per year
compounded. E-commerce, in short, is to the early 21st century what the
steam engine was to early-20th-century economic development. Meanwhile, the
telecommunications sector of the economy now stands ready to invest
billions to upgrade the nation's communications networks and make
high-speed (or broadband) Internet access available to all American homes
and small businesses, as it is for large corporations today.
All of this is to say, if ever a public policy has worked precisely as
hoped, it is the Internet-tax moratorium.
Moreover, if the Republicans in Congress really wants to keep tax relief a
centerpiece of their domestic agenda, keeping the IRS and state tax
collectors away from the Internet is critical. By some estimates, a tax on
Internet access could cost families up to $150 a year. If purchases on the
Internet were also taxed, these costs could double or triple.
There is only one problem with the bill that Congress will vote on today.
It does not make the Internet a tax-free zone permanently. Also, it seems
that if we want a regime of "tax fairness" and a level playing field, all
forms of Internet access, whether dial-up or wireless, should be immunized
from state, local, and federal taxation. While Sen. McCain's compromise
does not meet all of these criteria, it brings us a lot closer to the
ultimate goal.
Congress today has a chance to ring the bell for liberty. The opportunity
now exists to create, through the growth of the Internet economy, a massive
global free-trade zone. Opponents of the Internet-tax ban argue that this
bill will only put added pressure on all levels of government to lower
taxes on "bricks and mortar" businesses. That's absolutely true - but I
suspect most Americans would regard this as an added benefit of the
Internet-tax ban.
- Stephen Moore is president of the Club for Growth.
- --
- -----------------
R. A. Hettinga <mailto: rah(a)ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
-----BEGIN PGP SIGNATURE-----
Version: 1308
iQA/AwUBQZ6i/8PxH8jf3ohaEQJyOwCeKeNAAz7QCyiEng3wz8tLjuKQmZcAoLfG
punAsHbRo/bldh6SnM2Qe0Hw
=j/kW
-----END PGP SIGNATURE-----
1
0
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
<http://www.theregister.co.uk/2004/11/18/blunkett_xray_blank/print.html>
The Register
Biting the hand that feeds IT
The Register B; Internet and Law B; Digital Rights/Digital Wrongs B;
Original URL: http://www.theregister.co.uk/2004/11/18/blunkett_xray_blank/
Home Office stalls on weapons scanner health risks
By John Lettice (john.lettice at theregister.co.uk)
Published Thursday 18th November 2004 18:00 GMT
Are your children being irradiated? Are you being irradiated? The UK Home
Office seems unconcerned by the question, despite being responsible for at
least one of the government organisations wielding the devices that might
be doing the irradiating. Weapons scanners that use x-rays are now being
tested by the Metropolitan Police and at Heathrow airport, and while the
effect of a single scan will probably be negligible, the actual health risk
will depend on the nature of the particular deployments, and on the
individuals being scanned. So they should therefore not be deployed
casually, without careful prior consideration, on the basis that they're
'harmless'.
Earlier this week Norman Baker MP asked the Home Office the following
parliamentary question: "To ask the Secretary of State for the Home
Department what air kerma rate has been used to assess radiation doses
associated with the use of the Rapiscan Secure 1000 apparatus." David
Blunkett's (yes, him again, sorry about that) response was: "The
information sought is not in the public domain."
Which is not much of a response from a department deploying at least two
Rapiscan 1000s, and with a unit offering them to police forces throughout
the country.
(http://www.homeoffice.gov.uk/crimpol/police/scidev/news/items/xray2907.html)
Nor is the answer true. (Air kerma, by the way, refers to the amount of
radiation produced by a device.)
Rapiscan 1000s are indeed mostly harmless, probably, depending. Technology
of this sort has been used for baggage scanning for some time now, but more
recently people-sized versions have been undergoing testing in the US and
elsewhere in the world, and x-ray scanning is also being used in other,
mobile and less controlled environments (e.g. scanning containers and
trucks for stowaways). You can find some more about that here.
(http://www.theregister.co.uk/2004/11/08/heathrow_scanner_pilot/) One of
the public domain sources of information about the effects of x-ray
scanners, including the Rapiscan 1000, that David Blunkett says don't exist
can be found here.
(http://www.fda.gov/ohrms/dockets/ac/03/briefing/3987b1_pres-report.pdf) A
presidential report by the US National Council on Radiation Protection and
Measurements carried out for the Food and Drug Administration - very
obscure, not.
The document's very existence provides us with a small case study of how
things work in government on either side of the pond. Both the US and the
UK are proposing and using x-ray scanners on people, but in the US this
involves a diligent process of measurement for potential hazards, while in
the UK they just get haphazardly deployed. Both governments still repress
us, but the US one is somehow more professional about how it starts off,
while the UK one regularly gives the appearance of not being able to find
its arse with both hands.
Back, however, to the document, the measurements and the risks. The dose of
radiation delivered by a scan, which the NCRP team measured in the range
0.04 B5Sv - 0.05 B5Sv, is not terrifying by the radiation standards the US
uses. Negligible Individual Dose (NID) over a year is defined as 10 B5Sv,
which is the effective dose deemed acceptable for a single source, while
ANSI approved a standard in 2002 defining an acceptable dose per scan as
being 0.1 B5Sv or less. This would mean that a security scanner would have
to deliver 2,500 scans of an individual annually at 0.1 B5Sv per scan in
order to reach the US administrative control level of 0.25 mSv. For an
airport security scanner, even operating at a rather higher level, you'd
probably have to be living in it to achieve that kind of level.
But it's not necessarily going to be the only source of radiation you're
exposed to, nor will all of these sources necessarily operate at such low
levels. Cumulative dosage will be higher from scanners you have to pass
several times every day (say, a weapons scanner at a school), and you'll be
exposed at the hospital, at the dentist, and maybe there will be high
exposures you don't know about. The NCRP speaks of proposals for concealed
scanners, and mobile scannners that could check vehicles (which we covered
in our earlier piece), while just today UK Secretary of State for Education
Charles Clarke was proposing to give schools powers to search pupils for
weapons, and to "have arrangements with their local police forces to
undertake snap searches if they thought knives were on school premises".
What kind of equipment did you have in mind they bring with them when they
do that, Charles?
- From our reading of the FDA report, it seems unlikely that the level of
exposure via the Rapiscan at Heathrow would present a health risk to most
people, nor is the Met's happy deployment of x-ray machines for area stop
and searches an obvious hazard to anything other than liberty and race
relations. However in both cases what goes for most people may not go for
particular individuals, so it's extremely important that the operators make
the position vis a vis radiation absolutely clear, and that subjects have
an absolute right to decline the kind offer of an x-ray scan.
The consequences of more widespread deployments are far more difficult to
quantify. If fixed scanners became sufficiently common for it to be
possible to be exposed several times a day, then the risks would climb, and
it would be less possible (it's not exactly easy at the moment) for people
too know what their cumulative dose was. Concealed scanners would make that
impossible, and high dose vehicle and/or concealed scanners would throw the
sums out entirely. Reported doses from a cargo scan test in 2001, for
example, ranged from 0.1 B5Sv to 100 B5Sv, depending on positioning in the
compartment. The US annual dose limit set by the NCRP is 1 mSv, excluding
exposures from natural background and medical care, while the suggested
exposure from a single site is 25 per cent of annual dose, or no single
source under one control delivering more than 0.25 mSv annually. It
recommends the latter being the one set for security screening such as
airport scanners, and that it cover multiple checkpoints at a given (say)
airport.
We commend the report as essential reading for Home Secretaries who might
need to bone up on the potential risks associated with equipment their
departments are deploying. They could of course just carry on giving MPs
dumb and obstructive answers, but it's not clever, and in some cases it's
the sort of thing people might think of as negligent. Ask a focus group,
David. B.
- --
- -----------------
R. A. Hettinga <mailto: rah(a)ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
-----BEGIN PGP SIGNATURE-----
Version: 1308
iQA/AwUBQZ6K6cPxH8jf3ohaEQIDBwCgqyVMif7+rhxP4RaqseORKnCxNZgAniAJ
WvJrvj9VdVetp2xD1IOMRmRJ
=L1az
-----END PGP SIGNATURE-----
1
0
The American Assocation of Motor Vehicle Administrators
has prepared a series of studies on security of drivers
license data, and not least sharing it with law enforcement.
Access to some of the docs are supposed to be limited to
members but R. notes that the security is illusory, so the docs
can be accessed until the hole is closed (see the last
appendix for LE access to data):
-----
http://www.aamva.org/IDSecurity/index.asp
AAMVA determined the need for a comprehensive
framework of minimum requirements with enhanced
recommendations to improve the quality, reliability,
uniformity and security of the driver licensing
process in North America. As a result, AAMVA compiled
and produced its DL/ID Security Framework: A Package
of Decisions Based on Best Practices, Standards,
Specifications and Recommendations to Enhance Drivers
License Administration and Identification Security.
This document is currently available to the AAMVA
membership only. Members will be required to present
their AAMVA user ID and password to access the
framework.
-----
1
0
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1
This is a really good article, with a lot of useful financial history.
Also note the following:
>"It is in the self-interest of every businessman to have a reputation for
>honest dealings and a quality product," he wrote in Ms. Rand's
>"Objectivist" newsletter in 1963. Regulation, he said, undermines this
>"superlatively moral system" by replacing competition for reputation with
>force. "At the bottom of the endless pile of paper work which
>characterizes all regulation lies a gun."
Cheers,
RAH
- -------
<http://online.wsj.com/article_print/0,,SB110081981338978661,00.html>
The Wall Street Journal
November 19, 2004
PAGE ONE
The Deregulator
A Less-Visible Role
For the Fed Chief:
Freeing Up Markets
Greenspan Blessed Mergers
And Blocked Regulation;
Using the 1800s as a Model
Is Modern Finance Too Risky?
By GREG IP
Staff Reporter of THE WALL STREET JOURNAL
November 19, 2004; Page A1
WASHINGTON -- As Alan Greenspan approaches his last year as chairman of the
Federal Reserve Board, he continues to draw praise for his most visible
job: steering the economy by raising and lowering interest rates. But
behind the scenes, the 78-year-old economist has had a big impact on
American life in an entirely different role: pushing the government to stay
out of financial markets.
Consider what happened in 2002, when Democratic Sen. Dianne Feinstein
proposed new rules to govern how traders buy and sell contracts to deliver
energy through financial instruments known as derivatives. Her move came
after Enron Corp. and others helped send electricity prices soaring in
California by manipulating that market. When she telephoned Mr. Greenspan
for support, he declined, telling her the proposal threatened the
multitrillion dollar derivatives industry, which he considers an important
stabilizing force that diffuses financial risk.
Mr. Greenspan persuaded other Bush-appointed regulators to join him in a
critical letter that Sen. Feinstein's opponents wielded as a weapon on the
Senate floor. The bill was narrowly defeated on a procedural motion. Sen.
Feinstein reintroduced the proposal a number of times and at least twice
Mr. Greenspan rallied fellow regulators to oppose it. "I believe it would
have passed without his opposition," Sen. Feinstein says.
In addition to thwarting the post-Enron impulse to regulate derivatives,
Mr. Greenspan has helped remove Depression-era barriers between the banking
and securities industries and has blessed mergers creating banking
behemoths. He has implored regulators to keep their hands off hedge funds
and other markets that are replacing banks as financiers of American
business. Although the Fed is a major bank regulator, it has become a less
intrusive one under Mr. Greenspan.
Behind this advocacy is a passionate belief that freely functioning
financial markets are better than government regulators -- and even central
bankers -- at protecting the economy from booms and busts. Mr. Greenspan
once read that a B-2 "stealth" bomber would crash without a computer that
continuously adjusted its wing flaps. In conversations, he compares markets
to the B-2's computer: They continuously redistribute risk so the economy
can absorb shocks.
The result is a paradoxical position for one of the world's most
influential civil servants: He would prefer that the state play virtually
no role in the economy. His ideal is the pre-Civil War period when the
federal government was so invisible it didn't even issue a national
currency.
In reality, Mr. Greenspan sometimes tailors that radical position to suit
the demands of his job -- such as dealing with the near-collapse of hedge
fund Long Term Capital Management -- as well as the political requirements
of surviving in Washington. But, on balance, his views have been powerfully
influential in deregulating markets at a crucial time in their history when
they are increasing in size, complexity, and the number of ways in which
they interact with everyday people. With Mr. Greenspan's term set to end in
January 2006, an important question is whether his successor will carry on
this less visible role.
Critics say his hands-off regulatory philosophy has made the Fed a less
effective watchdog, citing complicity by Fed-regulated banks in recent
corporate scandals. His intellectual opponents also argue that some
regulation is necessary to moderate the risks inherent in modern finance.
Mr. Greenspan first articulated many of his views in the 1960s when he was
part of the intellectual circle surrounding libertarian philosopher Ayn
Rand. If businesses were solely responsible for their own reputation, he
said at the time, they would do whatever necessary to maintain it or
ultimately fail.
"It is in the self-interest of every businessman to have a reputation for
honest dealings and a quality product," he wrote in Ms. Rand's
"Objectivist" newsletter in 1963. Regulation, he said, undermines this
"superlatively moral system" by replacing competition for reputation with
force. "At the bottom of the endless pile of paper work which characterizes
all regulation lies a gun."
His language has moderated but he still admires the laissez-faire
capitalism of the mid-19th century. At that time, competition, not
regulation, kept financial markets honest. Banks, for example, issued their
own currency whose value fluctuated with the issuer's reputation.
Mr. Greenspan believes the 19th-century economy was inherently stable
because of the gold standard, a system in which currencies were exchanged
for fixed amounts of gold both within the U.S. and across international
borders. Countries that borrowed too much would hear from anxious foreign
lenders demanding to be repaid in gold. To prevent that, banks would raise
interest rates, encouraging lenders to stay put. Borrowing, which was now
more expensive, would abate.
In Mr. Greenspan's view, this self-correcting economy was undermined by
cumulative government intrusions. The first was the creation of a national
currency and national banking system in 1863 whose flaws, he believes,
contributed to periodic financial panics in following decades.
In 1913, the very organization in which he made his name, the Federal
Reserve, was created. As the lender of last resort, the Fed could prop up
failing banks, reducing the incentive for bankers and businessmen to act
prudently. Market discipline weakened further when the government created
federal deposit insurance in 1933, making depositors less concerned about
the reputation of the bank to which they entrusted their money. That was
compounded when the U.S. went off the gold standard in 1933.
"A kind of vicious circle of government replacement of market oversight
[was] clearly set in motion," he said in a May 2001 speech.
Mr. Greenspan has a complicated way of reconciling his job with his
economic theories. In an ideal world, he believes, there would be a gold
standard and no central bank. But the end of the gold standard and creation
of the Fed weakened market discipline. That created a need for government
intervention the Fed chairman must do his best to fulfill.
Few things are more important to Mr. Greenspan than keeping the
government's hands off financial markets. Former Treasury Secretary Robert
Rubin, among others, used to argue to Mr. Greenspan that governments should
sometimes use regulation to moderate risks that stem from the complexity of
modern markets. Mr. Greenspan was willing to tolerate occasional hiccups to
encourage innovations that allow markets to operate more efficiently.
MARKET FORCES Key moments in the history of intervention in U.S. financial
markets.
1791: Alexander Hamilton starts the first Bank of the United States.
Dissolved in 1811.
1816: Second Bank of the United States chartered. Charter lapses in 1836
1863: National Bank Act, national currency issued
1907: Financial panic ends with intervention organized by J. Pierpont Morgan
1913: Federal Reserve formed
1933: Federal deposit insurance introduced
1933: Glass-Steagall Act bars combinations of banks, securities companies
1972: Financial derivatives first traded in Chicago futures markets
1978: States begin to allow interstate banking
1980: Monetary Control Act deregulates interest rates
1981: Over-the-counter derivatives are born with first currency "swap"
1987: Fed gives banks permission to sell bonds
1987: Fed slashes interest rates after stock- market crash
1995: Treasury, Fed bail out Mexico
1996: Fed significantly increases banks' ability to deal in securities
1998: Fed arranges rescue of Long Term Capital Management
1999: Glass-Steagall fully repealed
2000: Deregulated status of most derivatives entrenched in law
2001: Enron collapses
2004: SEC votes to register hedge funds
Source: WSJ research
To those in the Rubin Treasury, this clash became known as the "wooden
tennis rackets" debate. Mr. Rubin's notion, that governments should
constrain markets, "was like saying tennis was a better game with wooden
rackets," says Lawrence Summers, president of Harvard University and
previously Mr. Rubin's deputy and successor at the Treasury. Mr. Greenspan
would prefer rackets made with advanced alloys that delivered better shots
even if they were occasionally wild.
Mr. Greenspan has long disparaged government-imposed limits on mergers. He
came to the Fed an avowed opponent of the 1933 Glass-Steagall Act that
established barriers between the banking and securities industries. The act
was inspired by the belief that bank stock speculation helped cause the
1929 stock market crash and Great Depression; subsequent study casts doubt
on this. The act split J.P. Morgan & Co. into two firms whose successors
today are J.P. Morgan Chase & Co. and Morgan Stanley. Mr. Greenspan, as a
director of J.P. Morgan in 1984, played a part in publishing that bank's
anti-Glass-Steagall treatise, according to a book by historian Ron Chernow.
The Fed took its first step toward undoing Glass-Steagall in 1987, a few
months before Mr. Greenspan's arrival. It further loosened restrictions in
1996. Two years later it precipitated the act's demise by approving the
merger of Citicorp, parent of the U.S.'s second-largest bank, and Travelers
Group, a major insurance underwriter and securities dealer.
The Fed's approval was conditional on Citigroup Inc. -- the merged company
- -- later divesting businesses not permitted. But Citigroup correctly bet
the law would change. The merger prodded Congress to repeal the remaining
barriers a year later.
"Greenspan pushed the envelope," says Kenneth Guenther, retired president
of the Independent Community Bankers of America, a small-bank trade group
that at the time unsuccessfully sued the Fed for pre-empting Congress.
Though Mr. Greenspan usually defers to his staff about regulatory matters,
their recommendations have tended to track his laissez-faire approach. In
his tenure, the Fed has approved the merger of every bank-holding company
that has come before it except two. By contrast, his predecessor, Paul
Volcker, scotched 10 mergers in an eight-year term. The U.S. now has three
banking conglomerates with assets exceeding $1 trillion -- Citigroup, J.P.
Morgan Chase and Bank of America Corp.
Critics say these mergers concentrate financial risk too heavily in a few
institutions. Mr. Greenspan argues that deregulation also produced a more
stable financial system.
His favorite example comes from the telecommunications sector. Telecom
companies borrowed almost $1 trillion between 1998 and 2001, but while many
failed, no major financial institution collapsed as a result. Stock and
bondholders lost money but banks that arranged the financing used
innovative methods to spread their risk. Some sold pieces of loans to other
institutions, underwrote bond offerings or bought hedges in the new market
for "credit derivatives," insurance policies against companies defaulting.
"Even the largest corporate defaults in history -- WorldCom and Enron --
and the largest sovereign default in history -- Argentina -- have not
significantly impaired the capital of any major U.S. financial
intermediary," Mr. Greenspan said in a speech last month. Banks in the
1980s and early 1990s, by contrast, were crippled by bad loans to
developing countries and real-estate developers. The resulting credit
crunch hobbled the economy.
When markets give way to crisis, Mr. Greenspan has reluctantly given way to
government intervention. In December 1997, the Treasury wanted banks to
roll over loans to South Korea to avert a global financial panic. Mr.
Greenspan went along but told Treasury officials he wouldn't call the
commercial banks himself, according to people involved in the effort. He
argued it was inappropriate for a regulator to influence banks' lending
practices. Instead, Mr. Rubin and then-New York Fed President William
McDonough made the calls.
Mr. McDonough says in an interview that as a former commercial banker, he
could convey to the banks that restructuring the loans was in their own
best interest.
A bigger test came several months later, when the near-failure of hedge
fund Long Term Capital Management threatened to halt trading in U.S. debt
markets. Again, Mr. McDonough took the lead and brokered a buyout of the
fund by its private creditors, including several Fed-regulated banks. While
Mr. McDonough says he kept Mr. Greenspan informed, he didn't ask the Fed
chief for approval. Testifying to Congress, Mr. Greenspan called the rescue
one of "those rare occasions when otherwise highly effective markets seize
up and ad hoc responses were required."
The LTCM debacle was an embarrassment to the Fed -- which regulated some of
the hedge fund's largest creditors -- but Mr. Greenspan didn't think it
suggested the Fed needed to significantly beef up its oversight operations.
"If we had to meet the standards that people think exist, we would have
five times as many examiners," he said at a Fed meeting that September,
transcripts show. "We would examine them to death, and they would not have
any breathing room." The Fed didn't take public disciplinary action against
LTCM's lenders.
Congress was more worried about the economic risks inherent in hedge funds
than the adequacy of the Fed's regulatory operations. In 1998, it asked the
President's Working Group on Financial Markets, which included Mr.
Greenspan and Mr. Rubin, to suggest how -- if at all -- to regulate hedge
funds and "leverage," large financial bets made with borrowed money.
Mr. Rubin was open to increased regulatory oversight, say people involved
in the process. Mr. Greenspan was not. He asked why government officials
earning $80,000 or $100,000 would be any more likely to spot overly risky
hedge-fund activities than the Wall Street experts, earning millions of
dollars, who ran them, recalls Gary Gensler, the Treasury official who
coordinated the group. Mr. Greenspan refused to endorse the most intrusive
of the group's recommendations: expanding oversight over brokerage firms'
unregulated affiliates.
Mr. Greenspan has also been skeptical of the value of the Fed's many
consumer-protection rules. The only vote he has lost on the seven-member
Federal Reserve Board was a 4-3 decision in 1995 that required banks to
change the way they calculate savings-deposit rates. Some on the board felt
the way the rate was calculated was misleading to the public. Weeks later,
after banks protested the cost of the change, the board voted unanimously
to suspend its action and the proposal didn't take effect.
In some ways, Mr. Greenspan has become less hostile to these kinds of
rules. For example, he now sees some benefit to Fed-enforced laws that
compel banks to do business in poor communities.
Although banks have been implicated in recent financial scandals, the Fed
has often been slow to take decisive action. Critics note that it was
private litigants and Senate investigators who first brought to light
evidence that Citigroup and J.P. Morgan Chase helped Enron hide its true
financial state from shareholders. Both were eventually charged by the
Securities and Exchange Commission and reached settlements with the SEC,
Manhattan District Attorney and the Fed. Neither admitted or denied
wrongdoing.
The Fed "has changed its approach from being a cop on the beat to being a
consultant at the elbow of major financial institutions," charges Tom
Schlesinger, director of the Financial Markets Center, an often-critical
Fed watchdog.
The Fed's defenders say its main job is to ensure the soundness of the
financial system, not to sniff out fraud. On that score, they note that the
banking system has remained strong amid recent economic upheavals. The Fed
has also revamped its supervisory procedures and has levied three of its
four largest-ever penalties in the last year.
Last year, SEC Chairman William Donaldson put hedge-fund regulation at the
top of the regulatory agenda by proposing hedge funds register with his
agency. The SEC wanted routine access to information and the right to
examine hedge funds' operations to search for fraudulent behavior.
Mr. Greenspan, who worked with Mr. Donaldson on Wall Street in the 1960s,
became one of his leading opponents. He told senators last July that hedge
funds provide essential market liquidity, meaning they are often willing to
buy when everyone else is selling. Registration would scare them away, "to
the significant detriment of our economy," while doing little to stop
fraud, he said.
Mr. Greenspan's opposition was manna to Mr. Donaldson's opponents. "With
due deference to Chairman Greenspan and the tough job that he has, I cannot
think of a time when he has been so clear," Paul Atkins, one of Mr.
Donaldson's four fellow SEC commissioners, declared during the agency's
debate last month.
In an interview, Mr. Donaldson suggests he and Mr. Greenspan simply have
different priorities. "I think it's a legitimate argument that they do
provide liquidity," he says. But "how much fraud are you willing to
tolerate for liquidity? And if you asked me that, I'd say, zero."
On this rare occasion, Mr. Greenspan's side lost. The SEC voted 3-2 for Mr.
Donaldson's proposal. But business groups hope to overturn the SEC's move
and are mulling an appeal to Mr. Greenspan for written support.
- --
- -----------------
R. A. Hettinga <mailto: rah(a)ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
-----BEGIN PGP SIGNATURE-----
Version: 1308
iQA/AwUBQZ4rhsPxH8jf3ohaEQIbfQCg7uv/AxxC8AtPNedy8fESfCrnVV0AoIuP
XmjUFlNFC1PxGDrD44mhuuuw
=3b77
-----END PGP SIGNATURE-----
1
0