A chairde —
Right about now
you’re probably thinking that “Litir Scéala an tSIG Gaelach is Irish for
“Coordinator’s Continuing Excuses.” Well
. . . they’re not excuses. They’re reasons.
And they’re really
good reasons, too. In real life, I’m
Director of Research for the non-profit Center for Economic and Social Justice
(CESJ), which, while more demanding, pays as much as the SIG Coordinator
position.
Beannachtai!
Michael
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Right after I posted this newsletter, Mr. Chris O'Connor sent us the following link to an article in the Irish Independent. He couldn't have sent it ten minutes earlier, now, could he. . . .
http://www.independent.ie/business/world/pope-calls-for-world-financial-reform-29272442.html
Note His Holiness's comment regarding the emphasis on consumption, by which Keynesian economics justifies what Jean-Baptiste Say called "barren consumptions." Capital Homesteading focuses on making people productive so that they can consume, rather than on forcing consumption so that other producers can make more profit. The Just Third Way would put money power — and thus economic power — back into the hands of ordinary people where it belongs. Own or be owned!
Breaking News!
Right after I posted this newsletter, Mr. Chris O'Connor sent us the following link to an article in the Irish Independent. He couldn't have sent it ten minutes earlier, now, could he. . . .
http://www.independent.ie/business/world/pope-calls-for-world-financial-reform-29272442.html
Note His Holiness's comment regarding the emphasis on consumption, by which Keynesian economics justifies what Jean-Baptiste Say called "barren consumptions." Capital Homesteading focuses on making people productive so that they can consume, rather than on forcing consumption so that other producers can make more profit. The Just Third Way would put money power — and thus economic power — back into the hands of ordinary people where it belongs. Own or be owned!
Contents
Announcements
Organization, Publication
and Membership Information
Letters
News and Reports
Articles
Food
Reviews
The Fourth Page
Announcements
As a newsletter, we rely on you to tell us what’s going
on. If you have an announcement for an
upcoming event, please let us know. Just
keep in mind that we try to publish on the 17th of every month, so
get your announcements in at least a few days before that. Otherwise, consider sending it in as a report
or a news item for the subsequent month.
• The Usual Nagging Announcement. We still have a number of subscribers who are
probably wondering why they’re not getting the newsletter. It’s because they haven’t verified their
subscriptions by clicking on the link in the e-mail Google sent to their
specified e-mail address. If you
subscribed but have not received the newsletter (which means you’re visiting
the blog and are reading this there), it’s an easy matter to correct. Enter your e-mail address again, and Google
will send you another verification e-mail.
• The Colonel John Fitzgerald Division of the Ancient Order
of Hibernians in America in Arlington, Virginia, will be having a social
tonight at the Knights of Columbus Hall on Little Falls Road in, obviously,
Arlington, Virginia. All are invited . .
. although most of you are maybe a little too far away to make it.
• From "Irish News Inc.": "Come enjoy the 27th year of a great fest in your own Chicago Gaelic Park. This is a full day of fun, music and Irish-ness for the price of a pizza! It's a family affair and includes Gaelic Storm, Ronan Tynan, The Makem and Spain Brothers, Eileen Ivers and Immigrant Soul, The Gothard Sisters, The Fighting Jamesons, Mulligan Stew, The Killdares, Runa, Red Rebel County, Pat Finnegan and Friends, Gerard Haughey and Sean O'Donnell, family fun, rides, theater and much more.
For more info:
http://chicagogaelicparkirishfest.org/
For tickets:
http://chicagogaelicparkirishfest.org/ticket-info/
• From "Irish News Inc.": "Come enjoy the 27th year of a great fest in your own Chicago Gaelic Park. This is a full day of fun, music and Irish-ness for the price of a pizza! It's a family affair and includes Gaelic Storm, Ronan Tynan, The Makem and Spain Brothers, Eileen Ivers and Immigrant Soul, The Gothard Sisters, The Fighting Jamesons, Mulligan Stew, The Killdares, Runa, Red Rebel County, Pat Finnegan and Friends, Gerard Haughey and Sean O'Donnell, family fun, rides, theater and much more.
For more info:
http://chicagogaelicparkirishfest.org/
For tickets:
http://chicagogaelicparkirishfest.org/ticket-info/
Organization, Publication and
Membership Information
What We Are
Litir Scéala an tSIG
Gaelach is the newsletter of the Irish Special Interest Group of American
Mensa, Ltd. More information about the
SIG and this newsletter may be accessed by clicking
on this link.
Resources
We are preparing to put together a list of
resources and organizations that might be useful to our members. Due to the global scope of our readership, we
are trying to limit the list to organizations that extend beyond a purely local
constituency. This is a matter of simple
logistics, due to the immense number of organizations out there. If you’re looking for a local group to get
involved with — and we encourage that — do an internet search. You may be both amazed and pleased at what
you will find. We expect to list resources
as we rebuild our membership, but right now . . . oh, you know the rest.
Who We Are
No new members this month, blah, blah. We have an increasing number of visitors and
casual readers, — no, really — but that’s not going to get the SIG reactivated officially,
however gratifying it may be personally.
Anyway, here’s this month’s membership report:
5 Members of
Mensa
2 Other
1 Institutional
Member
26 Newsletter
Subscribers
34 Total
Circulation, although four of them have not “validated” their subscription
(This does not include forwarded newsletters or visitors to the website who
have not signed up for the newsletter — over 1,000 to date.)
Letters
Out of the blue last month CESJ’s president, Dr. Norman G.
Kurland, was accused in an e-mail of giving a “flippant response” to somebody
who asked CESJ a question on something or other. The accuser refused to present any evidence
or even give any details of this heinous offense, even after Norm asked for
them so he could apologize. I, among
others, added my demand that the accuser provide something to show that the
crime actually occurred, but all I got was to be accused myself of “banning”
the accuser from CESJ . . . even though 1) I had done no such thing, and 2) the
accuser isn’t even a member of CESJ to be banned.
This caused someone in the U.K. (London) to start ranting
and raving about our high crimes and misdemeanors and how the U.S. is fascist,
we hate Muslims, how we kick everybody out of our “exclusive” little group, are
lunatics, blah, blah. While none of my
best friends are English, I do not think that this particular individual is
representative of anything other than a deep personal psychosis, and not the
English people as a whole. At least, I
hope not.
The reasons for relating this rather tedious little anecdote
is, 1) we don’t have any other letters to report, and 2) we’ve almost finished
our response to the Base, Brutal and Bloody Saxon who chimed into the
discussion. We had to put another couple
of projects on hold while we did it, but I’ll post a link to the response in
the next newsletter. If you prefer that
I don’t, send in your own letters, otherwise you’re stuck with mine.
News and Reports
Members of the Irish SIG don’t usually belong only to the
SIG, but to other groups with an Irish orientation as well. This is all to the good — the more society
becomes more social, the better
chance we have of influencing our institutions in a positive way and carrying
out “acts of social justice” aimed at improving the common good for
everybody. We want to encourage your
community participation and then report on local events in which SIG members
took part.
• The Rally at the Federal Reserve went very well . . . even
though (or because) most of it was held at the Lincoln Memorial. This makes sense, because we are promoting a
“Capital Homestead Act,” and it was Lincoln’s 1862 (land) Homestead Act that
has been described as the greatest economic initiative in history. We just need to duplicate that for other forms
of capital.
• I found out the day before the Rally that I was giving a
talk. Brief, to be sure, but still. . .
. I think I may have let my mouth move up and down for five minutes or so, and
I know that some kind of noise was coming out.
I thought I was talking about returning the Federal Reserve to its
original purpose of creating money directly in response to the presentation of
private sector bills of exchange for rediscounting (everybody’s favorite topic
early on a Friday morning), but figured I failed when somebody in the crowd
yelled out, “So, you’re just going to print money!” Noooooooooo!!!! Money is only supposed to be created
(“printed”) by accepting bills of exchange for discounting and rediscounting
that have a solid present value based on the future marketable goods and
services to be produced. Don’t you
people know anything?
• I attended the annual ESOP Association conference a week
ago. Very interesting, especially the
session on seller-financed ESOPs. A few
caveats about being careful not to arrange the transaction so you create
“synthetic” or “shadow” equity, but otherwise it duplicated what Equity
Expansion International, Inc. (http://www.eei-consultants.com), had worked out
to finance a worker buyout when banks aren’t lending. The possibilities it opens up for a situation
like Ireland are . . . I’ll say “interesting.”
Articles
Feature Article: The
Housing Crisis
I don’t know if the information is either accurate or
up-to-date, but a brother Hibernian who recently returned from Ireland asserted
that no new building permits were being issued for private homes until the
banks could dispose of their holdings of overpriced inventory. This seems a little counterproductive, for
when goods aren’t selling in the real world, the usual tactic is to reduce the
price until the real price on the market is reached.
In any event, there is a solution to the whole housing
crisis, and it’s one that no one (except us at CESJ) seems to have considered. CESJ has developed a proposal that would turn a
personal dwelling into a capital good for which pure credit financing would be
appropriate.
The “Homeowners Equity Corporation” (HEC) was developed to
address the home mortgage crisis. The
crisis was brought about in part by making low-cost credit available for the
purchase of personal dwellings, and by creating money for home mortgages
instead of confining lending to the pool of existing savings.
The HEC would make interest-free capital credit available
for the purchase of personal dwellings, but not in the way Shakespeare
demands. Instead of purchasing a
dwelling directly, someone would rent a house from the HEC.
Shares in the HEC equal to the fair market value of the
house would be placed in escrow. A rent
sufficient to pay for the shares over a period of years and meet administrative
and maintenance costs would be calculated.
This would spread the risk that a single owner has in loss
of future income to meet his mortgage.
This is a major problem that led to the 2007 credit crisis from “toxic”
home loans.
As the rent payments were made a portion of each rent
payment would go to repay the acquisition loan that financed the HEC’s purchase
of the house. Shares equal in value to
the principal payment would be released from escrow and put into the renter’s
account.
Eventually, a renter would own all the shares put into
escrow equal to the value of the house at the time of “purchase.” At that point, a renter could either exchange
the HEC shares for title to the house, or continue as a renter at a much-reduced
rent.
A number of variations are possible with the HEC. For example, someone who exchanges HEC shares
for title could enter into a maintenance contract, relieving the homeowner of
tedious maintenance tasks. The HEC could
maintain a vacation resort with other HECs, or even be partners in a number of
them throughout the world. HEC
shareholders would get favorable rates, but the resorts would be open to all — and
the profits would be paid to HEC shareholders or applied to the accelerated
purchase of shares.
A tenant could make a zero down payment, or 100%. Private charity or government vouchers could
be provided for people with inadequate incomes.
“ESOP financing” by the HEC would in
effect allow a tenant to acquire beneficial ownership of his or her primary
residence through direct ownership of shares (along with other
tenant-shareholders in the HEC) with “interest-free” money. Ownership risk would be spread out among many
shareholders, offsetting or ameliorating the effect of a decline in the value
of a single house. And so on.
Changing dwellings would be much easier, and much more
pleasant. (Military families would
benefit greatly from this, as would retirees.)
A tenant in temporary financial difficulties could negotiate for reduced
payments covering only current administrative costs and maintenance, with a
temporary moratorium on principal payments.
At worst, cashing in a portion of HEC shares to go back into escrow
would be far more advantageous and certainly less risky than a single individual’s
home equity loan or a reverse mortgage.
And so on. The bottom
line is that it is completely unnecessary to deviate from the common sense
principle that all capital assets pay for themselves with their own
earnings. By making it possible for tenants
to own the company that owns the house, a HEC turns a personal residence into a
capital asset for the HEC, while the use is rented to a tenant who just happens
to be a shareholder of the HEC that owns the house. A tenant would not be released from the
obligation to make rent payments simply because he or she is a HEC shareholder.
The same concept could be applied to other consumer
durables, such as automobiles and even bicycles, and, in fact, has been in some
places. The need is not so critical as
it is with housing, however, and it can be left to private initiative. The concept cannot be applied to education
(below), because you cannot rent an education, but (at least in theory) it
could be applied to anything that can be rented.
Food
Lentil Salad
This uses green lentils, which is close enough to Irish when
I’m in a hurry.
1 lb dried lentils
1 thinly sliced yellow onion
1 pint salad dressing, preferably homemade, half oil, half
vinegar, and whatever spices you want.
Cook the lentils.
Lentils don’t take anywhere near as long as other dried beans, so be
careful not to overcook. Drain the
lentils in a colander. Put them in a
bowl. Add the onions and salad
dressing. Put in a glass jar and let sit
in the refrigerator at least overnight.
Reviews
This isn’t so much a review of a book, as it is of an
author: G. K. Chesterton. In his Autobiography, Chesterton said a number
of very nice things about William Butler Yeats, whose poetry I assume you’ve
read. That’s not much of a segue, but
it’s all I’ve got to bring in the subject that Chesterton himself seemed to
think was somehow important: the death of reason.
Reading the tripe that comes out of today’s Professional
Chestertonians and neo-distributists, you’d never guess that, on occasion,
Chesterton might actually have said something that didn’t support State
socialism or other forms of idiocy; that he was, in fact, something more than a
genial buffoon more interested in wit than in reason.
If, however, we start reading what Chesterton wrote between
1933 when he published his biographical sketch of St. Thomas Aquinas, and 1936
when he died, we run the risk of coming to a far different conclusion. In Chapter XI of his autobiography, “The
Shadow of the Sword,” which Chesterton opened by recounting the story of the
Beaconsfield War Memorial. The question
before a committee of citizens was whether or not to erect a cross at the
crossroads. The goal was to commemorate
the sacrifices made by local members of the military during the Great War.
The “common” people of the
more-than-a-village-but-less-than-a-suburb of Beaconsfield were divided on the
issue. Some liked the idea of a cross
because it was Christian. Others disliked
the idea because a cross seemed a bit too suggestive of a crucifix and thus
might be considered papistical.
Rather than debate the merits of cross/no-cross, however,
the committee droned on at great length about other things entirely. They discussed a wide range of subjects
covering pretty much everything except
whether or not to have a cross erected.
Evidently a little frustrated, Chesterton slightly misquoted
the Mister Bingley character from Jane Austin’s Pride and Prejudice on the subject of balls versus rational conversation.
The “Apostle of Common Sense” pointed out that, while all the
alternatives discussed were very worthy in their way, even laudable, none of
them really were very much like war memorials.
Chesterton used his anecdote to illustrate the difficulties
of getting people to recognize aims and goals.
Unless we keep the reason we are doing something before our eyes at all
times (so to speak), we run the risk of getting diverted.
Losing sight of that, the means becomes more important than
the end. Then the focus shifts to the
means to achieve the means. Finally we
forget precisely why we are clubbing our fellow man to death.
The only thing we know for certain is that he has committed
the ultimate crime of disagreeing with us.
Nor was the disagreement anything substantive. It was just over the means to achieve the
means to achieve the means to get to the discussion to achieve the means.
The process is, in every sense of the word, “endless,” being
both interminable and without a goal or ultimate purpose. It is also a striking characteristic of the
modern age, that has replaced what Chesterton called the great and glorious
sport of argument and debate, with sordid quarreling over any trivial detail
that can give someone a victory — all the while turning the only thing that
matters, truth itself, into a triviality.
As Chesterton observed (and keep in mind that he was writing in the
early 1930s),
[T]here are many who do not understand
the nature of any sort of argument.
Indeed, I think there are fewer people now alive who understand argument
than there were twenty or thirty years ago; . . . [Most men] have not time to
argue. No time, that is, to argue
fairly. There is always time to argue
unfairly; not least in a time like ours. . . . [I]t is generally the man who is
not ready to argue, who is ready to sneer.
That is why, in recent literature, there has been so little argument and
so much sneering.
The Fourth Page
The Geraldines of
Ireland, XI: The Beginning of the End of the Kildares
Perhaps the most famous
example of "Perfidious Albion" remains the Treaty of Limerick.
Memory of it would provide the battle cry of the Irish mercenaries in exile on
the continent throughout the eighteenth century whenever they fought English
troops. As one instance, the Treaty of Limerick inspired the French victory at
the British debacle of the Battle of Fontenoy, during the War of Austrian
Succession. The Irish Brigade in the service of the King of France saved the
day with their last-hope charge against the nearly-victorious allied English
and Austrian army. The Brigade rallied from a general retreat by shouting, Cuimhnigidh ar Liumneac, agus ar fheile na
Sacsanach, "Remember Limerick and Saxon Faith." The Allied forces
were under the command of the Duke of Cumberland, a younger son of George II.
He was later to avenge his defeat at the hands of the Irish and earn the
sobriquet "Butcher Cumberland," by slaughtering the supporters of
Bonnie Prince Charlie at the Battle of Culloden on Wednesday, April 16, 1746.
Recent English historians have attempted to downplay the
role that the Irish Brigade played in the victory, but the Maréchal de Saxe,
the French Commander in Chief, gave all credit to the Irish, and Louis XV, upon
reviewing the troops after the battle, singled out the Irish Brigade for signal
praise. Receiving a report of the terrible defeat inflicted on the English by
the Irish Brigade, George II is reported to have groaned, "Cursed be the
laws that deprive me of such subjects!"
The story behind such resentment over Limerick is simple. In
1690, during the Williamite wars (and, as Samuel Johnson points out, before
William had been accepted as king of Ireland by the Anglo-Irish Parliament) the
Limerick garrison surrendered to the English. This was only on two conditions.
The first and most important was that the civil and religious liberties of
Irish Catholics granted under Charles II be secured. These, it should be noted,
were in no wise comparable or equal to the civil and religious liberties held
by Protestant Englishmen of the same period, or even by Protestant Irish. The
Irish Catholic would, under this arrangement, remain a second-class citizen.
The second condition was that the garrison would either leave the country or
join the Williamite army. As it happened, less than ten per cent. of the Irish chose to accept enlistment under William of
Orange as the price of remaining in their homeland.
The Treaty of Limerick became a byword for absolute and
utter contempt for the pledged word of a nation. The fact that Ireland would
very likely have become independent had the Irish commander, Patrick Sarsfield,
Lord Lucan, gone back on his own word to surrender, given two days before
French aid arrived. Instead, Sarsfield kept his word, and ordered the French to
leave and adhere to the terms of the treaty. The English, however, having
obtained everything they wanted by relying on the honor of the Irish, had no
such qualms about dishonoring the agreement and sullying England's name once
again. Every provision of the treaty was violated before the ink was scarcely
dry, and additional disabilities against Catholics were added to those formerly
on the statute books, which had been removed by Charles II (one of the reasons
for his great unpopularity with the rich and powerful).
However, this was in the future, and Silken Thomas probably
did not suspect that his own royal cousin would so abuse his given word.
Although of noble, even royal, blood (of a sort, being Henry's own cousin, once
removed), and thus "entitled" to a dignified and relatively merciful
decapitation, Thomas was subjected to the barbarity of being hanged, drawn and
quartered at Tyburn in 1537. A. M. Sullivan, in his The Story of Ireland for Young and Old, maintains that the young
FitzGerald was beheaded, but the fact that the execution took place at Tyburn
confirms death by the usual method reserved for traitors of "common"
blood. This involved a partial hanging and the further torture of being cut
down while half-strangled and still alive, being disemboweled, and forcing the
victim to watch while his own intestines were burned in front of him before
expiring, then having his body cut into four pieces, parboiled, and sent to the
four corners of the kingdom for display over the gates of prominent towns.
Executed with Thomas, in an attempt to exterminate the
entire family of the FitzGeralds of Kildare, were his five uncles, who were
also relatives of Henry, being Thomas's father's half-brothers. Three of these
men had taken no part at all in Thomas's rebellion, saving only to advise him
against it. The other two had actually assisted in suppressing the revolt, but
paid the price of being guilty on at least three counts: getting in the way of
Henry VIII's bloodthirsty paranoia, being Henry's own Irish relatives, and
suffering from complete innocence of the charges brought against them. They
were seized at a banquet to which they had been invited by the new English Lord
Deputy, ostensibly to thank them for their loyalty and assistance in putting
down the rebellion. Of course, it probably didn't help that these men were also
devout Catholics, and not completely enthusiastic about Henry's new religion.
Imitating the degraded familial purges carried out by Caligula and Nero, a
number of Henry's other relatives, including a senile aunt in her nineties (the
Dowager Countess of Salisbury), in addition to his own childhood tutor (shades
of Seneca, Nero's tutor), would also pay the price of their connection to a
sociopath and their adherence to the old faith.
Even the Butlers, the Earls of Ormond, solid Lancastrians,
English to the core and ancient enemies of the FitzGeralds, were horrified at
Henry's display of savagery. James "The Lame" Butler, the tenth Earl
of Ormond (MacManus again makes a mistake in numbering and refers to him as the
ninth earl), wept openly when the butchery at Tyburn was related to him. Ormond
X was distantly related to the victims, being the son of "Magheen"
FitzGerald, the daughter of the Great Earl himself, and Pierce Butler, the
loyal Lancastrian and ninth Earl of Ormond.
James Butler was married to Joan FitzGerald, daughter of
James FitzGerald, the tenth Earl of Desmond (not the eleventh, as MacManus
states). All of this, no doubt, helped convince the last of the English
Anglo-Irish Lords of the distastefulness of remaining English and assisted in
his gaelicisation. He was to pay for this later, when, after the death of the
tenth Earl of Desmond, he claimed the Earldom, which would have made him
virtual ruler of the whole of Southern Ireland. Henry VIII had James Butler
invited to a dinner in London in 1550, where his entire retinue of fifty took
sick, and eighteen people, counting the Earl, died. Poison was
"suspected," some accusing Henry and his Lord Deputy, others the Earl
of Northumberland, "a rare poisoner."
#30#