Tuesday 09 March '10 show notes

  • Guests:
    • Katherine Mangu-Ward, Senior Editor and Columnist at Reason magazine and Reason.com – the magazine of “Free Minds and Free Markets.”
    • Rev. Roger Christie, Ordained minister the Religion Of Jesus Church; licensed to marry people by the Department Of Health, State of Hawaii, specifically as a ‘Cannabis Sacrament‘ minister.
    • Progressive investigative journalist, columnist & author Greg Palast
  • Topics:
    • When will the United States stop our insane trade policies and bring our jobs home?
    • Does freedom of religion mean freedom to smoke pot?
    • How the vulture corporations are destroying third world countries as they have already destroyed American jobs?
  • Bumper Music:
  • Today's newsletter has details of today's guests and links to the major stories and alerts that Thom covered in the show, plus lots more. If you haven't signed up for the free newsletter yet, please do. If you missed today's newsletter, it is in the archive.
  • Quote: "Tariff: a scale of taxes on imports, designed to protect the domestic producer against the greed of his consumer." ~ Ambrose Bierce.
  • Article: Tariff move by Brazil risks US trade war by James Politi in Washington and Jonathan Wheatley in São Paulo.

    "Brazil moved to raise tariffs on a wide range of US goods yesterday, potentially igniting a trade war over cotton subsidies after eight years of litigation at the World Trade Organisation.

    The decision takes effect next month, starting a 30-day period during which US and Brazilian officials will attempt to negotiate a solution to the dispute.

    Gary Locke, US commerce secretary, and Michael Froman, deputy national security adviser for international economic affairs, are due to arrive in Brazil today. The cotton dispute is expected to be raised in meetings with government officials.

    Under the Brazilian plan, duties would rise most steeply on cotton products. Many that are currently taxed at between 6 per cent and 35 per cent would be taxed at 100 per cent. The tariffs on beauty products would double, from 18 per cent to 36 per cent. Duties on household goods such as cookers, refrigerators, television sets and video cameras would also double, from 20 per cent to 40 per cent. Duties on cars would rise from 35 per cent to 50 per cent.

    Brazil is allowed to impose the tariff increases- worth $560m - after winning a case at the WTO last year.

    Brazil challenged the legality of direct subsidies to US cotton farmers to protect them against fluctuations in global prices and a loan guarantee programme for international buyers of US cotton.

    Brazil could also impose further penalties, known as "cross-retaliation", on US intellectual property rights, potentially breaking patents in the pharmaceuticals, technology and media industries."

  • "By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was not part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good. It is an affectation, indeed, not very common among merchants, and very few words need be employed in dissuading them from it."

    "An Inquiry into the Nature and Causes of the Wealth of Nations", Adam Smith, 1776. Book IV.

  • Matthew 25:31-46:

    When the Son of Man comes in his glory, and all the angels with him, he will sit on his throne in heavenly glory. All the nations will be gathered before him, and he will separate the people one from another as a shepherd separates the sheep from the goats. He will put the sheep on his right and the goats on his left.

    Then the King will say to those on his right, 'Come, you who are blessed by my Father; take your inheritance, the kingdom prepared for you since the creation of the world. For I was hungry and you gave me something to eat, I was thirsty and you gave me something to drink, I was a stranger and you invited me in, I needed clothes and you clothed me, I was sick and you looked after me, I was in prison and you came to visit me.'

    Then the righteous will answer him, 'Lord, when did we see you hungry and feed you, or thirsty and give you something to drink? When did we see you a stranger and invite you in, or needing clothes and clothe you? When did we see you sick or in prison and go to visit you?'

    The King will reply, 'I tell you the truth, whatever you did for one of the least of these brothers of mine, you did for me.'

    Then he will say to those on his left, 'Depart from me, you who are cursed, into the eternal fire prepared for the devil and his angels. For I was hungry and you gave me nothing to eat, I was thirsty and you gave me nothing to drink, I was a stranger and you did not invite me in, I needed clothes and you did not clothe me, I was sick and in prison and you did not look after me.'

    They also will answer, 'Lord, when did we see you hungry or thirsty or a stranger or needing clothes or sick or in prison, and did not help you?'

    He will reply, 'I tell you the truth, whatever you did not do for one of the least of these, you did not do for me.'

    Then they will go away to eternal punishment, but the righteous to eternal life."

  • Member of the day was Pablito, who won a copy of "Screwed: The Undeclared War Against the Middle Class – And What We Can Do About It" logging:

    Prostitution is legal in Costa Rica and they have good health care.

    so Rush’s wanting to go there doesn’t surprise me.

  • When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

    We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.--Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.

    Declaration of Independence

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