The Catalan Independence Movement – A Memory and a brief analysis

A quick note to share a smattering of links and thoughts related to the Catalan Independence movement and the latest wave of anti-austerity protests in the Club Med region:

Courting disaster in Spain via creditwritedowns.com

The eleconomista.es article referenced, which should be cause for alarm:  Militares advierten a Mas de las consecuencias de promover la “fractura de España” (The Military warns (Artur) Mas (Catalunya’s regional president) of the consequences of promoting the “break up of Spain”)

and this on broader unrest in Greece and Madrid from Reuters via Yahoo!:  Anti-cuts protests erupt on streets of Athens and Madrid

The people of the Mediterranean states are no fools, they realize that they have been made the scapegoats and guarantors for years of mismanagement by their parasitic central governments and banking sectors.  In a reasonable world, where the government respected its citizens, a region like Catalunya would have the right to shrug off the debts of the central government and make a go of providing basic services on its own.

Flag of Catalunya
The Catalans deserve better

Something, that most Catalans will point out, it is capable of doing very well.

However, when it comes to sovereign debt, it appears that there is no escape for the capable.  Rather, the noose is generally tightened as the central government becomes increasingly desperate for revenue.

All reasonable dialogue is thrown out the window, and the central government makes a nationalist appeal and orders subservience at the point of a gun, as evidenced by the statement issued by the Spanish Military Association to Artur Mas.

The statement comes in response to protests calling for Catalan independence that included one in five Catalans (1.5 Million of 7.5 Million).  

We must note, however, that the Catalans are an unusually peaceful people, and the chances of widespread violence are nil.

We were attending grad school in Barcelona when the tragic Madrid train bombing occurred on March 12, 2004.  Apalled by the violence, we participated in a protest of similar size.

It was beautiful.

We took the Metro to Passeig de Gracia and slowly streamed down Barcelona’s grandest boulevard.  As we came together with the main march, it was apparent that this was a large event which was hell-bent on rejecting the violence with an overwhelming show of peace.

No al terrorisme, No a la Guerra by Kippeboy via wikimedia commons
No al terrorisme, No a la Guerra by Kippeboy via wikimedia commons

As we marched down the Paseo, from time to time the procession of millions would stop, clap our hands, slap our legs, and then hold our hands, palms out, in front of us in silence in a grand gesture that shouted through the silence:

Enough

Adin Ballou would have been proud.

Enough of terrorism, enough of war.  This message came to the world in stark contrast to the regular reaction of an eye for an eye that had been pursued up to this point with predictable results.

We pray that this latest round of protests in our beloved Catalunya and Spain end in a similar fashion, with a firm and peaceful rejection of austerity, and a show of solidarity and goodwill towards men.

Apple’s use of Patent Law indicative of an inferior product offering

9/26/2012 Portland, Oregon – Pop in your mints…

The global smart phone industry is still reeling from the implications of the ruling in favor of Apple in a high stakes legal battle with rival Samsung in the mobile technology space.

To be clear, Apple has every right to make use of the remedies available to them under international patent law.  As the law is written, there can be no mistake that the pioneering iPhone and iOS operating system has been shamelessly mimicked in a desperate attempt to replicate its success and help satiate the insatiable human need for easy to use technology at an affordable price on a platform friendly to developers.

Yes, the villains at Samsung are being punished for listening to the market and copying and improving upon Apple’s design, making it faster, bigger, more affordable, and accessible to developers.

For this their punishment should be all the more severe.

So should the punishment for every organic farmer who dares to “copy” a seed which has been “patented” by Monsanto, or anyone who puts their hands to work to cultivate or, dare we say, improve upon something that has been made before them.

The point is that patent law, while serving the important function of protecting innovations as they come to market, is counterproductive on a societal level when they are enforced to keep copy cat products, which meet a need that the original product does not.  In the example of the iPhone, offering a similar product at a more accessible price with an easier to use interface.

In fact, we see that in nearly every example of a company or individual invoking patent protections to protect its products, the law ends up causing a greater loss to society as they are forced to choose between what is now seen as an inferior or prohibitively expensive product or go without until the patent holder sees fit, from the crystal cage of their legal monopoly, to grant the populace an upgrade or a price break.

Apple, in this sense, has admitted defeat in the mobile realm, as the iPhone 5 proves once again that, after establishing the baseline for mobile technology through sheer genius, they are forced to lean on patent laws to maintain what should have been a clear competitive advantage.

The sales figures speak for themselves:  Samsung shipped twice as many smartphones as Apple sold last quarter.

In the case against Samsung, we see that the authorities are more interested in product pride than allowing free actors in the market to supply a consumer need that the iPhone does not, par for the course in a system where Crony Capitalism daily stifles what may be life-changing innovations.

Thank goodness the human genome wasn’t patented!  Where would we apply for the right to reproduce?

Full disclosure:  We own devices with both android and iOS operating systems.  For those who have never tried a droid, let’s just say that it makes operating in the iOS and the Apple ecosystem feel like being shackled with a pair of handcuffs.  For those who have never tried the iOS, let’s just say it makes the droid feel clunky and unstable.  Were it possible to mesh the iOS with the freedom of the android ecosystem, mobile nirvana would be achieved.  Thanks to patent law enforcement, it never will be.

Stay tuned to your devices and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for September 26, 2012

Copper Price per Lb: $3.70
Oil Price per Barrel:  $90.25
Corn Price per Bushel:  $7.43
10 Yr US Treasury Bond:  1.63%
FED Target Rate:  0.16%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,743 PERMANENT UNCERTAINTY
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  8.1%
Inflation Rate (CPI):  0.6%
Dow Jones Industrial Average:  13,455
M1 Monetary Base:  $2,279,800,000,000
M2 Monetary Base:  $10,150,900,000,000