Wealth Redistribution as a Condition for Doing Business

The Progressive-Democrat Abigail Spanberger ran as a centrist moderate for, and won, the governorship of Virginia. Then, in typical Progressive-Democrat duplicity, she began governing from the Far Left. (In truth, it’s also understandable and predictable, since the Far Left has become the Party’s center.) Spanberger’s latest example is her demand for NextEra and Dominion Energy to agree to redistribute their wealth as a condition for approving their proposed merger. The one is the world’s largest solar and wind producer and the other is a major electricity utility, and their merger would provide large synergies while spurring innovation.

Spanberger’s conditions:

  • freeze residential base electric rates for six years,
  • provide ratepayers a $29 monthly “credit” for four years
  • agree not to cut off customers who don’t pay their bills “due to financial hardship,” however that is defined
  • provide discounted rates to customers with electric vehicles and heat pumps
  • remove the cap on the state’s net-metering program

These, of course, eliminate those synergies of combination by forcing the new company to pay out all of those otherwise realizable cost reductions to those entities favored by the Progressive-Democrat, instead of committing those cost reductions to innovation and real future benefits to customers.

There is an obvious solution to Spanberger’s extremist demands: NextEra and Dominion should go through with the merger and go out from Virginia altogether. Since Spanberger isn’t serious about business in Virginia, there’s no reason for businesses to be serious about Virginia.

Defeat Iran with Slow and Steady?

That’s the recommendation of Michael O’Hanlon, Research Director of the Foreign Policy Program of Left-leaning Brookings Institution. His rationalizations include these:

[A]s Iranian oil inventories on ships around the world diminish, overland supply routes are pressured, and other sources of Iranian regime income are gradually curtailed, it is increasingly likely that time is on our side in the economic dimension of the war, even if the global pain from the conflict is significant. … Iranian leaders aren’t like the Taliban; they like money, pomp, and power. Today they are hurting.

Lacking money, pomp, and power though doesn’t mean the Iranian terrorists are hurting. To conclude that assumes—naively or cynically; you decide—that their pain points in any way resemble ours. And there’s that global pain that the rest of the globe feels: we’re supposed to be as indifferent to that as the terrorists are to their own?

[A] major bombing campaign would run a near-certain risk of intensified Iranian retaliation, in the region and beyond, further depleting US missile defense interceptor inventories while running the risk of much higher fuel prices and higher casualties, perhaps even on the home front.

This emphasizes an essential contradiction in O’Hanlon’s argument, which he exposed earlier in his article, apparently obliviously.

[M]ore than 30,000 additional US combat sorties, including strike missions attacking some 13,000 aim points, have been less effective against other targets. Perhaps one-third to two-thirds of Iran’s missile force was put out of action, yet some has likely been rebuilt. Drone production continues apace, even as US regional allies remain vulnerable to Iranian attack.

 

Despite our Navy is largely successful efforts in escorting shipping through the Strait of Hormuz, Iran’s terrorists continue to attack that shipping, with enough success to keep maritime insurance costs at several times their levels a year ago and so still sharply elevates the price of oil, even though “limited” to those higher prices. Moreover, Iran still lobs missiles across the Arabian Gulf at Arab nations’ energy production and transportation infrastructures while continuing to arm the Houthis and its Iraqi militias so they can join in the infrastructure attacks.

Steady certainly could be useful, especially if it’s steady total conflict—kinetic, cyber, economic. Slow, though, is maliciously foolish and punishes, only and severely, the Iranian people, who are not the bad guys here. The bad guys—the terrorists—are the IRGC and its civilian political arm who are in charge of the government that’s reigning over the Iranian people.

Slow has, and will have, no effect on those terrorists: they’re too married to their ideology and too indifferent of the effects of their ideology on the people over whom they rule. More broadly than that, those terrorists’ value set, concept of morality, means of getting others to live by their imperatives, and view of the costs of these to others are so radically different from our own, from those of western civilization, as to be orthogonal to them.

The only way to defeat Iran consists of two steps. First is to distinguish between the Iranian government and the Iranian people. That distinction is largely in place. Second is to mount that total war and keep it going at maximum pace until the terrorists are dead. Part of their value set: if they’re still alive, they’re winning, no matter how many others suffer catastrophically or are killed. It’s that latter cost, those others’, that is maximized by fits and starts conflict and by “slow,” regardless of how steady.

Bigotry and Virtue Signaling

Making land acknowledgments purporting to recognize the inequity of modern political, social, and economic successes have been in vogue among the Left and Progressive-Democratic Party political jurisdictions for some years. The recently done land acknowledgment from Los Angeles County provides a clear and canonical example, its repeated bodice-ripping mea culpas are especially illustrative: We respectfully acknowledge… and We acknowledge… and We recognize….

What’s instructive, though, is the utter lack of proposed solutions in these so-called acknowledgments. “We’re so sorry about all this; sucks to be you, good luck.”

That’s not just hypocrisy by these Leftists and Progressive-Democratic Party members; these…statements…demonstrate the same racist bigotry, if far more invidiously, as the Left’s and Party’s insultingly bigoted premise that black Americans are intrinsically inferior and desperately need the plethora of special treatments from Government, from “affirmative” action programs to race-based (now sotto voce) selections into universities and employment, in order to be able to operate, much less compete, in the same world as the rest of us.

Virtue signaling. Too bad, so sad. Carry on.

Gun Control

This one in Bend, OR. A mass-shooter wannabe, after firing into nearby cars, broke into a locked elementary school by shooting out the door locks. The violence began around 1300 last Thursday. More precisely,

The violence started and ended within minutes, with police saying they received an initial call at 12:59 pm local time and then arriving at the scene with the suspect dead at 1:02 pm.

A teacher armed with a cell phone as a throwing object and her own physical courage and a bystander armed with a firearm had responded and stopped the mass shooter and his butchery by the time the police arrived. The teacher had followed her thrown phone by charging and tackling the shooter. She was still struggling with him (I speculate in an ultimately losing effort) when the bystander arrived and shot the shooter, killing him.

The shooter had already killed three children and another teacher and severely wounded another child and teacher; his butchery was cut short at that point by those two civilian first responders, one of whom was armed.

Yet, gun control…persons…insist on disarming and keeping disarmed civilians already on scene—the true first responders—in favor of police, who won’t arrive for some few minutes (three of them in the present case, which is a fast response. For those in the peanut gallery, the police failure in Uvalde, TX, was an extreme exception; most police response times in urban areas are quite good, in the range of 3-7 minutes.). These gun control persons don’t seem to care that the butchery will continue apace until the police do make it to the scene.

Go figure.

School Fraternities and Sororities

In their WSJ article regarding Fraternities at Cornell University and school management teams’ efforts to “reign them in,” the news writers had this remark:

…fraternities that are both a disproportionate source of trouble and a fixture of campus life.

Neither of those need to be. Schools have no intrinsic obligation to host fraternities or sororities, and neither fraternities nor sororities have any intrinsic right to a presence on campus. It’s completely straightforward, if requiring more courage than school managers seem to possess, to ban these organizations altogether and thereby eliminate that particular disproportionate source of trouble.

Of course, that would move the misbehavers that so heavily populate and take advantage of those fundamentally insular organizations into the school’s dormitories or to off campus locations, including to fraternity and sorority houses that might set up off campus. Frat and srat houses, after all, collect a fair amount of dollars in the form of dues and donations, so they’re likely to hang around nearby, never minding the troublemakers in their membership.

Dormitories, though, are much easier to monitor, inspect, and control, than are these houses. Off campus, on the other hand, gives the city and State police direct access and better ability to deal with the criminal behavior that’s all too common in frat and srat houses. The authorities possessed by campus police are severely limited by those too timid school…administrators.

If a fraternity or sorority wants onto a school’s campus, let it demonstrate its worthiness first with several years of trouble free operation off campus and on other schools’ campuses.