February 28, 2006Do I Have To Vote For Sen. Kennedy?What City am I?
I am not a big city guy and I am usually not an East-coast guy, but I have to admit that I really liked Boston. Hmm, I can always pretend to be educated...Hat-tip: Virginia Postrel (who is L.A.)
But AlexC thinks:
Las Vegas baby! Bring on the hookers and 7 dollar surf & turfs!!! Posted by: AlexC at March 1, 2006 12:17 AM
But johngalt thinks:
Austin? Well, okay. Much better than Boston or Las Vegas, which seemed to be the only two possible answers for a while. ***You Are Austin*** A little bit country, a little bit rock and roll. Famous Austin residents: Lance Armstrong, Sandra Bullock, Andy Roddick Posted by: johngalt at March 1, 2006 3:15 PMFebruary 27, 2006Cuts!When is a cut not a cut? When you slow the growth of Medicare spening from 8.1% per year to 7.7%. Some cut. Socialized Medicine IIIIt has been a tough week for government run health care on ThreeSources. Today, Cafe Hayek reports on The Death of the Canadian Model We pointed out things were bad at the NHS. Our neighbors to the north allowed the crack in the dam when its supreme court ruled that private medical purchases could not be outlawed. Freedom is now rushing in. The NYTimes reports: The country's publicly financed health insurance system — frequently described as the third rail of its political system and a core value of its national identity — is gradually breaking down. Private clinics are opening around the country by an estimated one a week, and private insurance companies are about to find a gold mine. I flog this deceased equine because many people still want to bring this model here. Pharmaceuticals
Posted by jk at 1:08 PM
Harvard as GMI have posted before about Professor William Stuntz of Harvard and his articles in The New Republic. He is on fire again. In What Summers's fall says about the future of higher education he takes the educational establishment square on with a prescient metaphor about Harvard as GM: on top, yet unable to see the problems on the horizon. Harvard is the General Motors of American universities: rich, bureaucratic, and confident--a deadly combination. Fifty years from now, Larry Summers's resignation will be known as the moment when Harvard embraced GM's fate. From now on, the decline will likely be steep. And not only at Harvard: Among research universities as in the car market of generations past, other American institutions will follow the market leaders, straight to the bottom. The only question is who gets to play the role of Toyota in this metaphor. At the end he suggests that Chinese or Indian Universities might take over, or that Bill Gates might start a University from scratch. Of course, he admits the current universities might wisen up, but it does not seem likely. Problem is, university faculty don't want to talk back to their bosses; they don't want to have bosses. And their preferences matter. The past 40 years have seen faculty take near-total control of leading universities. These institutions are democracies of a peculiar sort: Only a part of one constituency gets to vote. Two kinds of people teach in universities: those who invest in some combination of teaching students and writing scholarship (the best people invest in both), and those who go through the motions. Which group do you suppose is more likely to attend the meetings and write the memos and vote on the motions of no confidence? The correlation isn't perfect: There are great teachers and scholars who do invest in institutional governance, and thank God for them. Over time, though, general tendencies swamp individual variations, and the general tendency here is disastrous. It is as if you took the bottom half of GM's factory workers a half-century ago and told them to run the corporation, promising that whatever they did, their jobs were guaranteed and their pay could only rise. It's a great gig while it lasts. In between, he makes a serious defense of Summers as a man of ideas and a true reformer. This has exposed the seriousness of the problem to a few more people. A competitor for traditional higher education would have a great opportunity; sadly, none exist now. If you can't lick 'emInstead of complaining about Kyoto adding 20% to the cost of energy in the EU, I should have been playing the future's market. Iain Murray writes in TCS Today about "The Kyoto Bubble." It is well known that Enron was a keen enthusiast for limits on carbon dioxide emissions under the aegis of a cap and trade scheme, which would enable companies to trade permits for the right to emit carbon dioxide. Enron documents released to the public reveal that executives thought such restrictions would, "do more to promote Enron's business than almost any other regulatory initiative outside of restructuring the energy and natural gas industries in Europe and the United States." We can now see why. In Europe, such a scheme has been introduced, and the energy companies and their advisers are very happy. " UBS itself concluded that there is a significant risk of a windfall profit tax being placed on the industry." Talk about full-circle -- whom would I root for if there were a windfall profits tax on greenhouse gas markets? I get dizzy just thinking about it. I know we have some fundamental disagreements on global warming around here, but perhaps we can all agree that Kyoto is a bad idea? Oddly enough, the free-marketer in me loves the idea of cap and trade. But I would like to use it for real pollutants, not what plants breathe. Oil and Energy
Posted by jk at 12:10 PM
WSJ Answers FukuyamaMy wobbly moment is solidifying without any help from PM Thatcher. Rather, it comes from today's lead editorial in the Wall Street Journal,(free link) which matches my objection to Fukuyama's "end of neocon history," namely, what else do you do? Then there is the supposedly failed policy of the Bush Administration. In five years, it has brought four democratic governments to power in the Middle East: by force of arms in Afghanistan and Iraq, and through highly assertive diplomacy in Lebanon and Palestine. Mr. Fukuyama tells us that "by definition, outsiders can't 'impose' democracy on a country that doesn't want it." Freedom on the March
Posted by jk at 11:38 AM
Bereft of IdeasI'm gonna beat up on a good friend who is a committed liberal. He keeps me on his e-mail list, which has some intelligent commentary and interesting articles from time to time. Today, it was a poem called "Make the pie higher" assembled entirely from supposed W malapropisms (click "Continue..." if you really want to read it). It struck me that "his side" has had several important victories this week, He could have sent me a link to the Fukuyama piece in the NYTimes, he could have sent me a link to Bill Buckley's article which claims the war is lost, he could have pointed to the Dubai port contretemps to highlight GOP rifts and signal what FOXNews commentators called "creeping lame-duckism," et cetera, et cetera... Instead they have made the discovery -- five years into his presidency -- that the President is not a skilled orator, and ask the question whether this might indicate a lack of intelligence. Just one guy who is not a moonbat but runs with them from time to time. But I think it shows the lack of seriousness from their camp. Even when the president is in real political difficulties, they come out blasting with 3rd-grade humor. MAKE THE PIE HIGHER I think we all agree, the past is over. Rarely is the question asked Will the highways of the Internet How many hands have I shaked? I know that the human being Put food on your family! Pass this on. From the other side
Posted by jk at 10:52 AM
February 26, 2006Lighter FareSteven Den Beste: Why I want Roe v Wade Overturned. Powerline: Saddam Had WMD On the web
Posted by AlexC at 8:50 PM
WSJ Ed Page on Drug WarI've always looked to National Review (and Instapundit) for common sense about the "War on Drugs" feeling that The Weekly Standard and the WSJ Ed Page were on the wrong side of this issue. Today, Ed Page Editor George Melloan has a "Featured Article" (free link) that makes me think my favorite economic folks are coming around. Economist Milton Friedman predicted in Newsweek nearly 34 years ago that Richard Nixon's ambitious "global war against drugs" would be a failure. Much evidence today suggests that he was right. But the war rages on with little mainstream challenge of its basic weapon, prohibition. Melloan also discusses the rise of leftists in Latin America and the corruption of drug gangs in Mexico: anti-freedom movements exacerbated by the US position. I hope this "libertarian" issue will come out into the mainstream (not only because my MS might get much worse). This is as issue of basic freedom and economics to me. Freedom because people should be allowed to do very bad things if they don't hurt anybody else. Economics because criminalization funds the street gangs and their high-end lifestyle. Prohibition has failed twice now; let's try something else.
But AlexC thinks:
I'm all for ending prohibition. But I can't get past the "victimless" angle. Even for liquor. If you abuse it, you may screw up your own life. Since there is a dearth of responsibility in this country, we're all going to be stuck trying to fix you, or at least making your last days "not as bad." And MADD didn't get to be as powerful as they are/were because alcohol "didn't hurt anybody else." If we could get more personally responsible in this country, I'd say smoke 'em if you got 'em.... Until then, "smoke 'em if you got 'em, then stay right where you are." Posted by: AlexC at February 26, 2006 3:26 PM
But jk thinks:
Not sure we disagree. If the police are not chasing down possession charges, I'd suggest that they'd have a lot more time to catch those who are hurting other people. This is similar to my (and the NRA's) stand on guns. Put away an armed robber or a stoned driver. I'm all for it. And, yes, we'll probably spend more government $$ on treatment and rehab. Stepping out of pure libertarianism, I'd say if you're going to spend money on anything beyond national defense, that's a pretty good place to put it. It would be humane and a much better value than the drug war. Like Melloan, I'm against drug use. But I am more against capricious, un-Bastiatian, enforcement of unavoidable drug laws and of propping up gang economics. The novel "Clockers" by Richard Price cemented my position: the use of drug money to recruit a good kid to sell drugs really hit home. Let's take that tool away. Socialized Medicine IIA couple days ago JK made a post comparing the survival rates of cancer patients between socialized medicine nations and the United States. Unsurprisingly, Americans have a higher survival rate. I commented somewhat sarcastically...
I can't wait until euthanasia becomes prescribed by the health systems of those countries. It's the most cost-effective, after all. Then we're one step closer to Logan's Run. ;) Well, here's a case, where I'd rather be wrong.
A High Court judge yesterday lifted a previous ruling that she should always be resuscitated, on the grounds that the two-year-old was now on a "downward rather than an upward trend". Mr Justice Hedley heard an emergency application from doctors treating her that she had developed an aggressive chest infection and was unlikely to survive any moves to keep her alive. "Medical evidence speaks with one voice, that ventilation simply will not achieve the end for which no doubt the parents would wish," he said. It's not quite a prescription for death by bureaocracy.... but it's awfully close.
But jk thinks:
Very sad. The mother believes "that if her daughter were ventilated she would recover," but the UK's NHS doesn't think her chances are worth the investmnet. It amazes me how many people think it's okay to give government control over life and death. Posted by: jk at February 26, 2006 2:08 PMSelf-ImmolationEverytime I read DailyKos, I have to ask myself why I do it.
"We find an organization that is deeply troubled by bad management, by sex and corruption and by a growing lack of confidence in its ability to carry out missions that are given to them," Bolton told an audience at a Columbia Law School symposium held by the Federalist Society, a conservative law organization. What is the bizarre preoccupation these guys have with sex? Really? Sex is one of the UN's primary problems? I'd think it might have something to do with the fact that the world's greatest power refuses to participate in a meaningful way in any international effort or to recognize international law or the Geneva Conventions or to sign onto critical international treaties. But maybe that's just me. Well, I cant hold being completely uninformed against someone. Hint: It's the molestations of boys and girls in Africa by blue helmeted men. ABCNews But then it gets worse.
Ok. so it's corrected, yet that makes it worse? Worse because why exactly? Bolton is not equating them, he's listing them. Oy. From the other side
Posted by AlexC at 12:32 PM
EngimaApparently there are some Engima codes for World War II that remain unbroken. If you'd like to help to crack them, click here. On the web
Posted by AlexC at 12:06 PM
February 25, 2006Door to DoorSo I was going around door to door today to my neighbors to collect signatures to get my Congressman Jim Gerlach on the ballot. I went around with one of my solidly R neighbors, who happens to be a recovering Liberal. On the way out of my house he was saying, "What is Bush doing?" Shrugging my shoulders, I said, "I have no idea..." I had the neighbors pretty much pegged D or R. We've never been overly political in the neighborhood, except for a few comments over the years, so I knocked on the definate R doors. In BS'ing with the Republican neighborsI heard more than once, "yeah, I'm a Republican... but I've been disappointed lately." How do you say anything else but, "Yeah, me too?"
But jk thinks:
I recently commented on Samizdata: "When I look at the choices, however, it seems clear that GOP control is the least worst option. I know Samizdats tend to be purists, but a dirty pragmatism seems a better friend to liberty than would a 'Speaker Pelosi.'" On the lighter side, we are asking Iraqis to accept compromise from feuding tribes. I suppose we have to accept compromise from RINOs and Democrats. Posted by: jk at February 26, 2006 11:03 AMStarbucks LibertarianI read this article last week off a Pajamas Link. Employment demands and the Fukuyama post crowded it out but it has stuck in my mind. So I entered the title "starbucks libertarian" into Yahoo search and got 224,000 hits, with the story I wanted represented four times in the top five. I have a lot of liberal friends who will not set foot in a Starbucks. Fine, I'll go with them to an independent place (we're blessed in Boulder and Lafayette with several good ones). But I always say -- or want to say -- that big green created the market and awareness. Jacob Grier backs this up with Statistics and puts the "Starbucks drives out independents" meme to bed. The piece is even-handed as Grier voices many serious objections to Starbucks's style and quality. Dave and I come from often opposed ends of the political spectrum. He runs a "red meat" progressive weblog, while I'm loosely affiliated with the libertarian public policy scene in Washington, DC. But we're united by our desire to cross ideological boundaries and by our love for great coffee. So when Dave invited me to write a guest post on "a libertarian perspective on coffee," I was intrigued. Grier describes three waves of coffee adoption and even links to the famous "Coffee Achievers" ad. I ask people to believe counter-intuitive things on this blog all the time: lower taxes increase Federal revenue, imports make us richer, freer immigration will raise wages, &c. I'll add this to the list: Starbucks is the best thing in the world for independent coffee houses According to the Portland Yellow Pages, before Starbucks came to Portland in 1989, there were 28 coffee shops in the city. Today, there are 91 non-Starbucks coffeehouses in Portland proper, compared with the chain's 48 stores within city limits. An excellent article, near and dear to all of our hearts.
Posted by jk at 1:00 PM
February 24, 2006
But AlexC thinks:
Heh. You can devine left vs right from them. Some of them Dems are angry! Posted by: AlexC at February 24, 2006 5:08 PMBake SalesI love these things. The College Republicans at a local university setup an affirmative action bake sale.
Prices at the so-called ''Affirmative Action Bake Sale,'' which was actually against affirmative action, varied depending on the race of the customer, with whites paying more than minorities. ''The sign said $1 for whites, 25 cents for blacks and women got a 25-cent credit, so they told me, 'Go ahead and take it, it's free for you,''' said Cottman, a black woman. That's a good deal.
I'm sure you did, Ms Cottman. That's precisely the point. You have to defend your admission to KU because of the taint of affirmative action. Witness some silencing of dissent.
Too bad the CR's didn't have the Mohammed comics. It would have been open and shut. Here's another case where an offended group wishes to silence an opinion contrary to their own.
Can't silence is the correct answer. Thank you Mr President. Howdy From TXThanks JK! The name and password worked, and here I am. I'll be working in San Antone this weekend, so I'll see ya'll next week!!
But jk thinks:
Welcome aboard. Posted by: jk at February 24, 2006 10:15 AMFebruary 23, 2006NeoliberalismEarlier I posted about liberals and leftists being defined not by what they're for, but what their against. The Environmental Republican labels these people neoliberals.
An unflinching hatred of George W. Bush, Donald Rumsfeld, Paul Wolfowitz, etc. Watch a neoliberalhenever W is shown on TV--they actually develop a tic and get a crazy-assed look in their eyes. Kind of like Pavlovs dogs at the sound of the bell. They go insane. Depending on the company they are in, they may suffer from symptoms that look alot like those associated with Tourette's Syndrome. They'll uncontrollably start saying things like "Bush is a new Hitler" or "It's all for the oil" or my personal favorite: "He was selected and not elected". It goes on to list a number of other ways to spot them, as well as including some situations. He ends...
Yeah.
But jk thinks:
My (very conservative) brother sent me this link. I guess it's funny: Posted by: jk at February 24, 2006 10:16 AMUS / UAE Bi-lateral RelationshipI got the following email forwarded to me.
Click read more to see the bullet points...
"But I also want to repeat something again, and that is, this is a company that has played by the rules, that has been cooperative with the United States, a country that's an ally in the War on Terror, and it would send a terrible signal to friends and allies not to let this transaction go through." "[T]he military-to-military relationship with the United Arab Emirates is superb. … They've got airfields that they allow us to use, and their airspace, their logistics support. They've got a world-class air-to-air training facility that they let us use and cooperate with them in the training of our pilots. In everything that we have asked and work with them on, they have proven to be very, very solid partners." The United Arab Emirates (UAE) Is A Longstanding Friend And Ally Of The United States. The United States and UAE have a longstanding alliance. The UAE is a key partner of the United States in the War on Terror, helping to advance Middle East peace efforts. The UAE is also a vibrant trading partner and has provided critical support in the wake of Hurricane Katrina. The UAE Is A Key Partner In The War On Terror. The UAE provides U.S. and Coalition forces unprecedented access to its ports and territory, overflight clearances, and other critical and important logistical assistance. Today, the UAE is providing assistance to the missions in Afghanistan and Iraq, combating terrorists by cutting off their financing, and enhancing America's homeland security by actively participating in initiatives to screen shipments and containers. UAE Ports Host More U.S. Navy Ships Than Any Port Outside The United States. The UAE provides outstanding support for the U.S. Navy at the ports of Jebel Ali – which is managed by DP World – and Fujairah and for the U.S. Air Force at al Dhafra Air Base (tankers and surveillance and reconnaissance aircraft). The UAE also hosts the UAE Air Warfare Center, the leading fighter training center in the Middle East. The UAE Is A Partner In Shutting Down Terror Finance Networks. The UAE has worked with us to stop terrorist financing and money laundering, including by freezing accounts, enacting aggressive anti-money-laundering and counter-terrorist financing laws and regulations, and exchanging information on people and entities suspected of being involved in these activities. The UAE Is An Established Partner In Protecting America's Ports. Dubai was the first Middle Eastern entity to join the Container Security Initiative (CSI) – a multinational program to protect global trade from terrorism. Under CSI, a team of U.S. Customs and Border Protection officers is permanently stationed inside Dubai's ports, where they work closely with Dubai Customs to screen containers destined for the United States. Cooperation with Dubai officials has been outstanding and a model for other operations. Dubai was also the first Middle Eastern entity to join the Department of Energy's Megaports Initiative, a program aimed at stopping illicit shipments of nuclear and other radioactive material. The UAE Is A Critical Partner In Afghanistan. The UAE extends vital military and political support to Operation Enduring Freedom in Afghanistan and substantial financial and humanitarian support to Afghanistan and its people. The UAE Is Supporting The New Iraqi Government. The UAE has provided significant monetary and materiel support to the Iraqi government, including a pledge of $215 million in economic and reconstruction assistance. The UAE Is Supporting Middle East Peace Efforts. The UAE is a moderate Arab state and a long-time supporter of all aspects of Middle East peace efforts. The U.S. and the UAE are also working together to create a stable economic, political and security environment in the Middle East. The UAE Provided $100 Million To Help The Victims Of Hurricane Katrina. The UAE was one of the first nations to offer financial aid to the U.S. after Hurricane Katrina struck the Gulf Coast. UAE's $100 million donation was one of the largest by any nation. The CFIUS Process And The DP World Transaction President Bush Strongly Supports The Decision To Move Forward With The DP World Transaction DP World Has Provided Strong Security Assurances To The United States. DP World has signed a letter of assurances making commitments to meet and maintain security standards for the port terminals that they will own and operate in the United States. There are a number of safeguards that are in place in the agreement, and the American people should feel confident that the transaction will in no way harm the security of the Nation’s ports. DP World’s Bid For The London-Based Peninsular And Oriental (P&O) Steam Navigation Company Was Announced Last Fall. DP World, a UAE-based commercial entity, is purchasing the U.S. subsidiary of the London-based P&O Steam Navigation Company. The announcement of DP World’s bid for P&O was made in November 2005, and the news was widely reported in the press and international financial trade publications. The formal CFIUS process was set into motion in December, and the Federal government conducted a thorough review to ensure that port security would in no way be compromised by the deal. The Administration Has Taken A Principled Position Based On The Security Of Our Nation And Careful Review Of The Transaction. The President has made clear that he stands firmly behind the decision to allow the DP World transaction to move forward. Preventing this transaction by a reputable company to go forward after careful review would send a terrible signal to friends and allies that investments in the United States from certain parts of the world are not welcome. The Port Security Of the United States Is The Administration’s First And Foremost Concern The Department of Homeland Security (DHS) Is Always In Charge Of The Nation’s Port Security, Not The Private Company That Operates Facilities Within The Ports. Nothing will change with this transaction. DHS, along with the U.S. Coast Guard, U.S. Customs and Border Protection, and other Federal agencies, sets the standards for port security and ensures that all port facility owners and operators comply with these standards. The Transaction Is Not About Port Security Or Even Port Ownership, But Only About Operations In Port. DP World will not manage port security, nor will it own any ports. DP World would take on the functions now performed by the British firm P&O – basically the off- and on-loading of cargo. Employees will still have to be U.S. citizens or legal permanent residents. No private company currently manages any U.S. port. Rather, private companies such as P&O and DP World simply manage and operate individual terminals within ports. Background On The CFIUS Process The CFIUS Process Was Rigorously Followed, And CFIUS Agencies Carefully Reviewed The Transaction. Ensuring the protection of our national security is the top priority of all members of CFIUS. In reviewing a foreign transaction, CFIUS brings together 12 Federal agencies with diverse expertise to consider transactions from a variety of perspectives and identify and analyze all national security issues.
Posted by AlexC at 7:16 PM
| What do you think? [1]
But AlexC thinks:
Strange... The UAE supports Hamas. If in doubt, don't sell out...? Socialized MedicineIn The Big Idea, AlexC asks what the Left stands for. If we had more progressives running around here (for better or worse), I've no doubt we would hear something about healthcare and some very large number n of uninsured Americans. If they have an idea, it includes greater government involvement in health care They have an idea, and it's bad -- check out these statistics from a WSJ ed, Cancer Prognosis (paid again, sorry!) about how Cancer rates are dropping in the US. Both are the result of medical innovation funded by government, private donations, and profit-making bio-medical and pharmaceutical companies. Colonoscopies, mammograms and other tests are more widely publicized and utilized. And new drug therapies, less punishing and invasive than surgery or chemotherapy, have been developed thanks to the incentives of a private medical marketplace. Twenty percent vs. 57%? Yeah, let's bring that great idea to this country!
But AlexC thinks:
Yet another unsurprising factoid from the ills of socialized medicine. I can't wait until euthanasia becomes prescribed by the health systems of those countries. It's the most cost-effective, after all. Then we're one step closer to Logan's Run. ;) Posted by: AlexC at February 23, 2006 7:29 PMThe Downside of OutsourcingRemember when outsourcing was going to destroy the domestic IT sector? Lou Dobbs had a hard-on for that line of thinking, and it was a bullet point in the Kerry/Edwards run in 2004.
And even with greater globalization, the report argues that the lower wage scales in India and China are not pushing down pay for U.S. IT workers. Citing information from the U.S. Bureau of Labor Statistics, it said that IT workers have seen steady gains in average annual wages for different fields in the sector of between about two to five percent a year. I'll be darned.
But jk thinks:
Great Post! I don't quite get the headline; are you suggesting that there is a downside? Posted by: jk at February 23, 2006 4:41 PM
But AlexC thinks:
The hardest thing about blogging is coming up with a title. Sometimes I go 180 on the title vs the post. Common Sense on PortsIsn't this precisely what the United States preaches? Don't we want places like Dubai to fight terror and to grow, to invest, to buy, to trade, to adopt Western commercial practices, to expose themselves to the rest of the world and thus become tolerant and moderate?Yes, James, it seems to have worked well everywhere else. My right wing bloggers are in a full blown tizzy over the United Arab Emirates port deal, but the free marketers are finally getting their side out. And I have to agree with folks like James Glassman in TCS. Instead, congressional leaders are trying to kill the deal, which is set to go into effect next week. Why? "Outsourcing the operations of our largest ports to a country with a dubious record on terrorism is a homeland security and commerce accident waiting to happen," says Schumer. Nationalist undertones are a great tool for protectionists. Now that their arguments have failed economically, they will seek to use security. Sorry gang, free trade not only makes us all richer, it also promotes freedom without endangering a single US Marine. Zachary Karabell, in a guest editorial in the Wall Street Journal, sounds the same themes (paid link, sorry!) Most troubling of all is the larger pattern of hyperbolic and xenophobic reactions against the tide of globalization. Strip away the particulars and the response to this current deal is almost identical to the reactions last summer when oil giant Unocal was nearly purchased by the Chinese company Cnooc. Then, Republican Rep. Richard Pombo warned that the deal could have "disastrous consequences for our economic and national security," while Democratic Sen. Ron Wyden noted, "Being a free-trader isn't synonymous with being a sucker and a patsy."
But mdmhvonpa thinks:
A minor point ... but, the ports are not currently managed by a US company. They are under Brittish control. Yeah, the same country that is soooo welcoming to the Radical Islamic blow-hards that preach our destruction. Besides, why the hell should you worry about this. I would be more concerned about pirate terrorists putting a nuke at the bottom of an oil tanker. Have we EVER turned away an oil tanker!? Just sail that baby up the Hudson and ... err, yeah. Posted by: mdmhvonpa at February 23, 2006 3:14 PM
But johngalt thinks:
There's a very large oversight going on in some of this commentary. These "foreign companies" that are trying to acquire US assets are not private firms. They are wholly owned organs of totalitarian governments. There's quite a difference in motivation (and everything else)between the two. Posted by: johngalt at February 23, 2006 3:26 PM
But AlexC thinks:
I was wondering when the Ports would come up here. I've been linking like mad to stuff about it at SantorumBlog because he's one of the early voices against it. This sounds to me like one of those big deals that probably isn't a big deal. Except for, as JohnGalt points out, they're not exactly private firms. Another point that is lost. It's not to turn over ownership in the port, it's turning over the operation of it. One of the threats that the Governor of Pennsylvania is using is that if it goes through, the port contract is up in May, and he'll make sure that the UAE company doesn't get it. Actually it's more the management of the operation. There will still be union labor unloading the ships. Posted by: AlexC at February 23, 2006 3:34 PM
But jk thinks:
FDI (Foreign Direct Investment) is an unalloyed good. Denying an organization participation in our asset markets because they dress like our enemies or because their corporate structure does not mach our ideal reduces our asset values. Free trade, free movement of capital, specialization, comparative advantage. Good stuff. Senator Santorum is unfortunately in good company. Holy cow, AlexC, he's with Senator Schumer and Senator Graham -- he's obviously wrong on this one!
But johngalt thinks:
Denying an organization participation in our asset markets because they ARE our enemy will also reduce our asset values, but only in the near term. Long term it increases our asset values because our assets and infrastructure and countrymen are not blown up. And if said FDI enables capital growth on the part of our enemy, how is that good for us? I'm not saying that UAE is our enemy, in fact I'm more inclined the other direction. I'm just disputing the finer points of your argument. The classification of FDI as an unalloyed good assumes that all participants in a capitalist system are capitalists. Posted by: johngalt at February 24, 2006 3:46 PMThe Big IdeaJane Galt compares the ideas of the left and the right in America.
What's the liberal Big Idea? Raise taxes? I'd say pretty much all the liberals I know are for that . . . but raising taxes, even "raising taxes on the rich", is not an ends, but a means, unless you're the kind of emotional toddler who wants to take other people's things away just because you can't have them. And the left (into which I throw moderate Democrats, just as I'll throw moderate Republicans on the right) does not agree what it wants to do with the taxes it raises. The DLC types (and swing voters) want to close the budget deficit in a (IMHO futile) attempt to build the Clinton legacy. The left-liberals want a big government health care programme, and other sorts of Great Society style social programmes. The far left wants . . . ohhh, a lot of things, but they're not going to get any of them, so that hardly seems relevant. The idea that the left is defined not by what it stands for, but for what it stands against has been percolating for a while. I've been seeing a lot of evidence of it in my alternate life on SantorumBlog. Senator Rick Santorum is the new Jesse Helms. No matter what he does, the left hates him. Now he's up for re-election, the Democrat's establishment candidate is not really their kind of guy (pro-life... also pro-Alito). As you can imagine, they're not for Bob Casey. They're against Rick Santorum. Kind of like Rick Lazio was. He ran against Hillary Clinton in 2000 for the Senate. Yeah, you remember him. Right?
But mdmhvonpa thinks:
It's always easier to attack than to defend. Really. You just need one weak spot to exploit. Given this, you can deduce that the left is ... lazy. Posted by: mdmhvonpa at February 23, 2006 3:17 PM
But johngalt thinks:
The left definitely has a plan, but they dare not speak it. It's the same plan they've always had, and the last time it's name was spoken was in the Johnson administration. Then it was called, The Great Society. It amounts to "equality for all." Equal misery, that is. Posted by: johngalt at February 25, 2006 10:21 AMRemember!
"Lynch said Kennedy had overcome such adversity to get to the place he was, and that's a bunch of bull," Trost said of the introduction, which occurred in the school's student center Tuesday morning. Just as Kennedy began speaking, Trost was walking out of the room when he shouted, "Remember Chappaquiddick!" "Most of the crowd gasped," Trost said. "Then I walked out of the student center." Gasped.. I bet.
"One of my teachers called me ignorant and told me this was an embarrassment to the school," Trost told WND. "She said to me, 'Can't you forgive him after all these years?' And I said, 'No, he killed somebody.' "If it had been me or any other person, we'd be in jail," Trost says he told his instructor. It is unknown if Senator Kennedy's face got any redder than usual.
Posted by AlexC at 11:52 AM
| What do you think? [6]
But jk thinks:
Ahh, the hardships young Edward faced, growing up a Kennedy in Hyannis port. Really, it drives me to tears thinking about it. Which Harvard fraternity would he join? What ARE the restrictions on his trust fund? Truly a hardscrabble existence. Chappaquiddick kept him out of the White House, at least. If the Commonwealth wants to send this drunk, vicious, murderer to the Senate every six years, that is their Constitutional right. I can respect most every holder of elective office on some level, but after the Alito hearings, I can no longer extend this courtesy to Senator Kennedy.
But johngalt thinks:
Not in defense of Ted, but of the veracity of information on our dear blog, I'll correct your otherwise perfect characterization of him as "drunk, GUTLESS, murderer." The murder he committed was an act of cowardice, not viciousness. Posted by: johngalt at February 23, 2006 3:30 PM
But jk thinks:
Senator Kennedy is a vicious man. He attacks his enemies publicly with distortions and lies. When he is attacked with truth he shows indignation. I will not take that adjective back. Posted by: jk at February 23, 2006 4:12 PM
But johngalt thinks:
Fair enough... you had a comma betwixt them. "Drunk, vicious, gutless murderer." Posted by: johngalt at February 23, 2006 5:09 PM
But jk thinks:
You're right. Again, be very careful. That Threesources Editor position is still open... Posted by: jk at February 23, 2006 5:31 PM
But johngalt thinks:
Most errors I let slide. This one was material: A United States senator who should be in prison. Posted by: johngalt at February 25, 2006 10:24 AMThe Wake of WarVietnam: beacon of freedom? In another sign that Vietnam is beginning to attract a critical mass of foreign investment, Vietnamese regulators approved Intel Corp.'s plans to proceed with the country's single biggest technology project to date, a chip-assembly plant in Ho Chi Minh City. Like my Fukuyama post (for which I expected severe opprobrium), it makes me question my neoWilsonian beliefs. We failed to install capitalism and democracy in Vietnam, but they found it. Estonia found it, Socialist India and Communist China are finding it. I definitely veered toward some basic precepts of isolationism in 2005. Not just the tough times -- a better feeling for the difficulty of affecting change from outside.
But AlexC thinks:
I wonder if the Soviet Union communist/socialist system not collapsed, if "creeping capitalism" would have had a chance to settle in?
But jk thinks:
Man, I just think you have to look at what works. I love the Cuban exiles in Miami for their anti-Communism, but you have to call the embargo a 40 year failure. This grabs me because Vietnam would seem to have everything against it, but it finds success and freedom -- how do you spread THAT! Posted by: jk at February 23, 2006 2:25 PM
But AlexC thinks:
Yeah, but what if you can't see how good it is on the outside? F*ck. Even the CIA didn't think the Soviets would call it quits in the 80s. If you don't know any better, and only know what your told, I can see how you wouldn't understand that there is another way. Posted by: AlexC at February 23, 2006 4:09 PM
But johngalt thinks:
I recently watched a History Channel program on the Vietnam war. The lede promised to relate that war to the one in Iraq. There weren't any direct mentions of Iraq during the program itself but the parallels were there to see. An invading army attempts to (reject or unseat) a tyrant's hold on the throats of an unwilling populace. Defeating the tyrant is also in the interests of the invading army, for reasons of capitalism and freedom. But there was a difference in Vietnam: a huge proportion of the populace was not only willing, but fiercely dedicated to the communist cause. Ho Chi Minh was a shrewd and effective politician with the persuasive power of Billy Graham. He had plenty of material to work with in his propaganda effort, given that France had been occupying the place as a colony since the end of WWII. And for what reason? Rubber plantations. Michelin tires. The distinction in Iraq has been and must hasten to materialize, "we are here to liberate and stabilize, then we're going home." I say split the place up into three soverign states and move our forces to the borders between them. Help each state eradicate hostile elements within their state and then let the UN replace our border forces with UN forces. Whatever the specific route we take to get there, we must let these people run their own affairs entirely as soon as we can. We are not their keepers. Posted by: johngalt at February 25, 2006 10:39 AMWho Will Google Censor Next?Our friend Cyrano sent me this link under the email heading, "Google Censoring Mohammed Cartoons?" I can't tell if any censorship is in play here, but how many people even suspected this sort of thing before Google caved to the Chicoms? This is an apt example of why Google is playing with fire by agreeing to censor certain content for certain markets. So far it's only the Chinese market, as far as we know, but once they show their willingness to bow to one master, how can we have any trust in them ever again? Besides that, you just can't win the censorship game. No matter how much you hide there will always be something that gets through and pisses off "mastah." According to Brit Hume's Political Grapevine today: The popular Internet search engine Google has come under fire for giving in to Chinese demands to filter out politically sensitive search results, but China is complaining that Google hasn't gone far enough. Unnamed officials tell one Beijing newspaper that Google needs to cooperate further in blocking "harmful information" and an editorial in another state-run paper accused the firm of sneaking into China like an "uninvited guest," then complaining about having to follow the law. You can't lie with dogs without getting fleas.
But jk thinks:
Administrative note: Cyrano and I have been in email contact to rejuvenate his Berkeley Square Blog login and add him to ThreeSources. This moves the geographic mean of ThreeSources South and the philosophical average more toward -- I'll let y'all figure that out -- anyway, welcome aboard!
But johngalt thinks:
What? Heavy commenting on multiple "Google censorship" posts and not a whimper about the possibility that Google is censoring some of the "free" world's net traffic? Are Pamela and I the only conspiracy theorists around here? Posted by: johngalt at February 25, 2006 10:42 AM
But jk thinks:
Sadly, we all recognize that the real threats to free speech come from the multicultural-diversity-no-hate-speech crowd. Well, them and Senator McCain... Posted by: jk at February 25, 2006 12:29 PMFebruary 22, 2006On Free SpeechPhiladelphia's chapter of CAIR had a panel this past weekend to discuss the offensive to Prophet cartoons and free speech. UPenn's paper, the Daily Pennsylvanian covered it.
"People have every right to give an opinion on something," Rachel Lawton, executive director of the Philadelphia Commission on Human Relations, said. "You cross the line when you threaten, intimidate or harass, and that is when free speech is limited." The trouble is that when that line is defined by the threatened or the harrassed, freedom of speech itself is threatened. ... and that offends me.
"The right to free speech is not absolute," Rishi said. "It does not give a right to defame Prophet Muhammad or any other" religious figure. See what I mean? If I were a trouble maker, I could do down to Penn's campus, (it's perhaps a forty minute drive) and take an inventory of things I was offended by. Philadelphia has more artwork per capita than any other major city. Surely there is something around that I will be offended by. Opponents of the death penalty often quote Gandhi, "an eye for an eye makes the whole world blind," I would say that "muzzling offense leaves the whole world muzzled."
But johngalt thinks:
And if I were a troublemaker (if?) I would point out that this sounds a lot like my point about "fighting words" back on March 9th of last year. http://www.threesources.com/archives/001487.html At the conclusion of a contentious and emotional comments debate I declared, "Force against another is only justified in self-defense... defense from FORCE (or a reasonable anticipation of it), not "epithets." To this we can now add, "... or defamation of religious figures." My point then was that a free society must not condone acts of violence by individuals who are offended by the speech of others, no matter how universally offensive it is. Today we have a textbook example of why defending a "stupid white kid's" right to say nigger without being physically assaulted is important: Who then could say that such physical assaults are proper in response to unflattering cartoons about a muslim prophet? Posted by: johngalt at February 23, 2006 3:57 AM
But jk thinks:
A moment of shame for my old hometown of Denver was when they buckled to threats of violence from Russell Means and shut down the Columbus Day parade. I'm pretty lukewarm on the European explorer. Bully for him for pluck and vision and all that, but American exceptionalism is based on ideas and I would rather celebrate those who made this country (When is Hamilton Day?), not the (perhaps) first European to wash ashore. Yet the Italians celebrated this day with parades and pride -- and were shut down with threats of violence from indigenous american groups. Shame. Must ReadEric S Raymond writes a great piece on memetic warfare.
But it was the Soviet Union, in its day, that was the master of this game. They made dezinformatsiya (disinformation) a central weapon of their war against “the main adversary”, the U.S. They conducted memetic subversion against the U.S. on many levels at a scale that is only now becoming clear as historians burrow through their archives and ex-KGB officers sell their memoirs.
But mdmhvonpa thinks:
It's not so much that they use/used liberty and the freedom of choice/speach against us as a weapon, but rather, the inate stupidity that comes along with making all the wrong choices. We are helpless against that and can only use (GASP!) our own propaganda to combat it internally and externally. Something that the Saudi's picked up on but we have forgotten. Posted by: mdmhvonpa at February 22, 2006 2:32 PM
But jk thinks:
Must read, indeed! I dug hi list of the Soviet Unions memetic weapons. -- There is no truth, only competing agendas.
But johngalt thinks:
Hi, my name is johngalt. I'm an "evil oppressor." Posted by: johngalt at February 25, 2006 3:26 PMFebruary 21, 2006Screen NamesThe Register...
This was uncovered by Reg reader Ed Callahan whose mother Linda Callahan was trying to sign up for a Verizon email address. She could not get it to accept her surname. Enquiries to Verizon revealed that a partnership with Yahoo! was to blame. Yahoo! will not accept any identies which include the letters "allah". I suspect it's a way to prevent trouble making infidels from coming up with screen names like F-Allah1234 or something. Because that would be offensive.
Ed Callahan told us: "On one level this is just silliness. But we have a war on terrorism and it's migrating to be a war on Muslims - this just shows the confusion there is between the two and how pervasive this is." Yeah. Update: Unbanned!
But jk thinks:
AlexC said jehovah! Posted by: jk at February 22, 2006 1:10 PM
But AlexC thinks:
No, you did! I only quoted it! Posted by: AlexC at February 22, 2006 4:05 PMTwenty Years of ZeldaAmericans of a certain age can certainly remember endless days in front of a TV trying to beat one of the greatest games ever. The Legend of Zelda. It's been 20 years now. On the web
Posted by AlexC at 2:34 PM
Global WarmingJK alluded to this effect in last week's post.
Michael Kalmanovitch, organizer of the event in Edmonton, says the skate will go ahead in Edmonton despite the -23 C temperature. He admits the cold snap is a touch ironic but stressed the above average temperatures that have dominated the winter thus far. This phenomenon has been observed once or twice previously. Just a reminder. It's not global warming. It's climate change.
But jk thinks:
This proves their ability to disregard empirical evidence in favor of near-religious beliefs. Posted by: jk at February 22, 2006 9:21 AM
But AlexC thinks:
Near? I would say it goes to full-on religion. Witness what they did to the heretic that wrote "Skeptical Environmentalist"... he was a believer. But Mr Lomberg went against the litany and is now reviled. If burning a tire with a man inside it wasn't so damaging to the environment, Bjorn Lomberg would have been in one. Posted by: AlexC at February 22, 2006 11:28 AMFirst Quarter Economic NewsUsually we hit these stories after the fact, but here's an interesting economic prediction.
Economists have since raised forecasts after a report last week showed stronger-than-expected retail sales. Morgan Stanley raised its estimate for first quarter economic growth to 5.9 percent, up from a previous prediction of 5.5 percent. 5.9%!!!
But jk thinks:
The headline of the Rocky Mountain News yesterday was "Welfare up 45%" The subhead said this was the result of a "tough job market." Unemployment is less than 5%, kids, only the MSM could possibly spin that as a tough job market. Posted by: jk at February 22, 2006 9:20 AMFree Market Health CareNot as fun as a hunting accident, but the President's health care ideas are getting high marks. The WSJ says (paid site, sorry!): Washington denizens who say the Bush Administration is out of domestic ideas haven't been paying attention. The more we look at the fine print in the health-care reforms President Bush is now stumping for, the more we see the potential for the most sweeping and beneficial changes in half a century. When you start to think that the Democrats and Republicans are all alike -- which they too often are -- contrast command-and-control-HillartyCare to Hayekian-free-market-HSAs and walk proudly, Republicans! Pharmaceuticals
Posted by jk at 9:27 AM
February 20, 2006Voter IntegrityThe Pennsylvania legislature passed a voter identification bill recently which the governor, "Fast Eddie" Rendell (D-Comcast) is promising to veto. VoterIntegrity.com is a clearinghouse for information.
Posted by AlexC at 8:21 PM
Lack of BloggingSo I haven't been blogging much... or reading blogs for that matter. Last week my primary computer a Powerbook G4 finally kicked the bucket after 3 years, and many many many miles. Despite it's problems, it was miles better than this Gateway laptop, I'm suffering with (for as little time as possible) now. My MacBookPro is still reportedly a month away from delivery... but we're calling the Apple store in town to see if they have any in yet. Ugh.
Posted by AlexC at 8:16 PM
| What do you think? [2]
But jk thinks:
I almost posted this but I didn't want to step on your beat. Rendell has been one of my favorite Democrats since he stepped down from his party post. But not a guy I would count on to oppose party principles (if it once had a pulse, it can vote once or twice.) Sad. Posted by: jk at February 21, 2006 9:32 AM
But johngalt thinks:
Hey, that's strange. I had heard (not from you, admittedly) that not only do Macs NEVER get viruses, they also NEVER break! I think I'd call Cupertino about that one. They'll probably want to take a look at it and figure out how Microshaft sabotaged it. :) Posted by: johngalt at February 21, 2006 4:27 PMRe-accessing IraqThe best anti-war piece you're ever going to see is in Sunday's NYTimes Magazine. After Neoconservatism is an adaptation of Francis Fukuyama's upcoming book, "America at the Crossroads." I confess that I was thinking of Fukuyama's "End of History" over this weekend as I tired of the Cheney hunting accident. These are hard times for neocons; hard times for Sharansky-ites; and pretty tough times for Republicans (though it appears they're going to let us play the Democrats again this year...) I was re-accessing the Iraqi liberation just before this came out. And it is a thoughtful exegesis. Fukuyama is no moonbat. I find much to agree with. Especially his retrospective questioning of the neo-Wilsonianism I felt so strongly. The way the cold war ended shaped the thinking of supporters of the Iraq war, including younger neoconservatives like William Kristol and Robert Kagan, in two ways. First, it seems to have created an expectation that all totalitarian regimes were hollow at the core and would crumble with a small push from outside. The model for this was Romania under the Ceausescus: once the wicked witch was dead, the munchkins would rise up and start singing joyously about their liberation. As Kristol and Kagan put it in their 2000 book "Present Dangers": "To many the idea of America using its power to promote changes of regime in nations ruled by dictators rings of utopianism. But in fact, it is eminently realistic. There is something perverse in declaring the impossibility of promoting democratic change abroad in light of the record of the past three decades." The Romanian model was expected to repeat in Iraq, and the insurgency was underestimated. I yield to no-one in my support for this administration and the war on terror. But I am frequently asked to look people in the eye and say we did the right thing. To fail to reevaluate is stubborn. Am I still a Sharansky-ite? Yes. Am I still a neoWilsonian? I don't know. What is certain, and only partially conceded by Fukuyama, is that it is hard to conceive a pleasant counterfactual. Had we not invaded Iraq, Saddam would still be in power, Iran would be making nuclear noises, payments to suicide bombers' families would still be occurring, training camps would still be open. Fukuyama has no great illusions about the UN's being able to sort this out. The conservative critique of the United Nations is all too cogent: while useful for certain peacekeeping and nation-building operations, the United Nations lacks both democratic legitimacy and effectiveness in dealing with serious security issues. The solution is not to strengthen a single global body, but rather to promote what has been emerging in any event, a "multi-multilateral world" of overlapping and occasionally competing international institutions that are organized on regional or functional lines. Kosovo in 1999 was a model: when the Russian veto prevented the Security Council from acting, the United States and its NATO allies simply shifted the venue to NATO, where the Russians could not block action. Yet, in the next breath (or page) he is ready to hand it off to USAID, and the State Department, which I consider our own, local, UN. If we are serious about the good governance agenda, we have to shift our focus to the reform, reorganization and proper financing of those institutions of the United States government that actually promote democracy, development and the rule of law around the world, organizations like the State Department, U.S.A.I.D., the National Endowment for Democracy and the like. In fact, I will bend quite a ways to agree with Fukuyama on problems, philosophy, and past history. It is his present and future to which I cannot subscribe. In fact this startling assertion undermines his entire argument: The most basic misjudgment was an overestimation of the threat facing the United States from radical Islamism. Although the new and ominous possibility of undeterrable terrorists armed with weapons of mass destruction did indeed present itself, advocates of the war wrongly conflated this with the threat presented by Iraq and with the rogue state/proliferation problem more generally. The misjudgment was based in part on the massive failure of the American intelligence community to correctly assess the state of Iraq's W.M.D. programs before the war. But the intelligence community never took nearly as alarmist a view of the terrorist/W.M.D. threat as the war's supporters did. Overestimation of this threat was then used to justify the elevation of preventive war to the centerpiece of a new security strategy, as well as a whole series of measures that infringed on civil liberties, from detention policy to domestic eavesdropping. Watching the Cartoon Wars for a couple of weeks, I cannot believe that we overestimate Islamicist Terror. And I accuse Fukuyama of underplaying the domestic safety that our foreign actions have produced. Robert Kaplan, quoted in the story, has stated that the original war was not worthy but that the larger conflict in which we are now embroiled is worthy of the blood and treasure.
Freedom on the March
Posted by jk at 5:08 PM
Happy President's DayTake the President's Day Quiz! ALa from Blonde Sagacity and I tie at 14-20. She apologizes; I do not.
But AlexC thinks:
Ha! 17!!! Re-spect! Posted by: AlexC at February 20, 2006 7:41 PMDarknessThere has been good discussion on these pages about "The Bush Doctrine" and the application of absolutes toward questionable regimes like Saudi Arabia and Pakistan. Good stuff, but let me pull up one I bet we can agree on: North Korea. I like the ThreeSources logo because it associates prosperity to politics and freedom. No segment of the map is clearer than the Korean peninsula. Dynamic, free, South Korea is vibrant and prosperous; their cousins in the north are dark as the sea. Here's a full-size look at the area: It's bad enough that North Korea's Kim Jong Il is starving his people while building nuclear bombs. But why are we helping him? Just like Saddam, the UN will provide not only cover, but political favors Kim can dispose at his discretion. If the WFP's new plan goes forward, Kim will be in the pleasant position of receiving free goods, enjoying plenty of control over who gets what, and taking credit for the handouts. Part of the WFP plan, for example, is to provide supplies for food-processing factories where the government will hire the workers, operate the plants, and in some cases -- how many is not clear -- "transport the product to the beneficiary institutions." Freedom on the March
Posted by jk at 1:07 PM
February 18, 2006The Spirit of '94From Mr. Speaker himself. The WSJ has an interview (free site!) with Speaker Gingrich. "Do I think it's possible to offer a Social Security plan for people under 40 years of age in a positive savings account model that you could pass? Yes. Do I think it's possible to make it so complicated, so impossible to understand that you can't build any momentum for it? Yes." Then the wrap up (after a digression into football): "Let me be quite clear. I don't think 2005 was a good year for Republicans. I'd like to not repeat it. So I'm for doing things differently." I was a big fan of the Speaker, watching his Pepperdine lectures and enjoying his problem solving and enthusiasm. Oddly enough, I cannot get excited about a 2008 run. There's nothing in the piece with which I disagree but I do not see him as the man for the times.
Spirit of '94
Posted by jk at 3:48 PM
February 17, 2006Bottom Story of the DayIf you were on a sci-fi series, which would it be? For jk, it's Firefly. I know, you're shocked! I was too.
On the web
Posted by jk at 5:23 PM
Word of the DayCondign: adj., deserved, adequate. The WSJ Ed page says, in Chertoff's Penance: "It sounds like the man has actually thought about this, which is more than most of Congress has done. Rather than replace [Michael Chertoff] with some other punching bag, a more condign punishment for Katrina would be to insist that he stick around and finish the job". Second Bush Administration
Posted by jk at 1:38 PM
The Democrats have a plan!Rep Rahm Emmanuel, who famously said that "the Democrats will have an Iraq plan before the elections," hits the pages of the Wall Street Journal today with Democratic Senator Ron Wyden of Oregon. Their guest editorial outlines a tax plan called the "Fair, Flat Tax." The plan has three brackets: 15, 25 & 35% and promises equal treatment of capital and labor (Silence will approve); enough progressivity, presumably, for Democrats; abolition of the AMT; and a one-page 1040 form. The editorial is an overview without a lot of details and I fear that the devil might be hiding in them. Democrats love to give targeted tax breaks. It's a great form of social engineering. So is this really flat? What about the home interest deduction? What about tax rebates for hybrid car owners or purchasers of diversity rich co-op housing? The 35% rate strikes me as high, especially if a lot of deductions are removed. I would prefer lower rates on capital but I would trade that for a truly simplified tax plan. One could get it back through productivity. The worst feature is that it is DOA. Serious legislators would involve the other party (especially if they are in the majority). Then this could be proposed and debated as a serious idea. I feel this is a campaign issue: By eliminating scores of tax breaks for the fortunate few, reforming the corporate code, and refusing to renew the disproportionate Bush tax cuts, we can give significant relief to those who really need it -- and cut the deficit by $100 billion. Lastly, you gotta pay money to read it (holler if you'd like me to email you a copy.) UPDATE: It is pretty short -- I copied the text into extended entry -- click "Continue..." It's that time of year again -- when millions of Americans begin the mind-numbing chore of doing their taxes. Once again, they'll collect W-2 forms and call for missing 1099s, sift through shoeboxes for receipts and cancelled checks. The typical taxpayer needs more than 30 hours to complete this process, struggling to comprehend a tax code that contains more than 10,000 sections. That's why taxpayers spend more than $100 billion annually on tax preparation. But it doesn't have to be this way. We have proposed the Fair Flat Tax Act, which would require most taxpayers to fill out a simple, one-page Form 1040. There would be just three personal tax rate brackets -- 15%, 25% and 35% -- instead of the current six. Gone would be the maze of regulations and loopholes. The tax code would receive what it desperately needs: a good cleansing. And it should not just be simpler, but fairer as well -- especially for the middle class. Under the current system, a police officer walking the beat pays a higher effective tax rate than someone who makes their money from capital gains and dividends. The policeman who makes $70,000 in annual wages pays almost 25% of that salary to the federal government, while an executive who makes five times that in capital gains pays just 15%. Today's tax code has not just become anti-middle class, but anti-worker. Wealth and work should be treated equally. There are other ways to help the country's middle-class families. By eliminating the Alternative Minimum Tax, which our plan does, we can put an end to the process that forces millions of Americans to do their taxes twice. These measures can help taxpayers without eliminating the incentives used most by the middle class: home mortgages, retirement savings and education. Our aim is not to soak the rich but to make the tax system fairer. Every American has a right to build and grow wealth. Eliminating the unfair ways wages and investment income are currently treated can allow markets -- not government -- to drive our country toward the best use of investment capital. Can we afford fundamental tax reform, given our record deficits and tight budgets? We believe America can't afford not to reform. And it can be done without exploding the deficit. By eliminating scores of tax breaks for the fortunate few, reforming the corporate code, and refusing to renew the disproportionate Bush tax cuts, we can give significant relief to those who really need it -- and cut the deficit by $100 billion. Every year, the tax rigmarole takes more time and leaves more Americans more frustrated. It's time for a change. If we make the tax code easier and fairer, come Tax Day, more Americans will have more sanity, more freedom -- and more money. Mr. Wyden is a Democratic senator from Oregon and a member of the Senate Committee on Finance. Mr. Emanuel is a Democratic congressman from Illinois and a member of the House Ways and Means Committee.
But johngalt thinks:
What a miserable bunch of crap. "Our aim is not to soak the rich but to make the tax system fairer." But if the rich have to be soaked to achieve their idea of "fairer" I suppose they'll just grin and bear it. And as JK has told Silence enough times that he should remember by now, the problem with taxing capital growth is that the seed capital was already taxed, and often at a much higher marginal rate than our "poor" policeman. The "fortunate few" that these demogogues want to soak are yesterday's ants, ostensibly for the benefit of today's grasshoppers. And hello, what part of "flat" do these mathemagicians not understand? I know, I know, a REAL flat tax isn't "fair" so this "progressive" "flat" tax is the "FAIR flat" tax. Yawn. Hell, even a flat tax RATE is not a flat TAX. Poor mister policeman pays almost $19K in federal taxes but the executive pays "just" $52K. How is that "fair?" And this is just on the executive's investment income. How about his payroll taxes? It is painfully clear that modern Democrats are no different than classical Soviet Socialists - our society won't be fair in their eyes until we all take home the same amount, and accumulation of wealth will be virtually impossible unless you're one of them. NPR reported last night (or the night before) that of the billions in tax revenue that goes uncollected, IRS efforts to "crack down" this tax year will net a fraction of a percent of the underpayment because there are so many ways to avoid reporting income. Unless, of course, you are an employee. Payroll tax collections are enforced by employers as the government's proxy. The loser? Mister policeman. Wan't a "fairer" tax? Replace income taxes with a consumption tax. Posted by: johngalt at February 17, 2006 7:43 PM
But jk thinks:
I'll put you down as a "no," then. I agree that it is seriously flawed. The things that interested me were: 1) The Democrats were saying something besides "We're not George W. Bush:" actually defining themselves with a positive program. (This would be Rep Rahm Emmanuel's work. He drove me mad as a Clintonista, but he is a very smart guy.) 2) They have internalized the mantra of "flat" and "fair" even though they do not implement it as I see those terms. This might grow someday into a willingness to accept pieces of plans that I do like. 3) They are embracing reform and mention in the first paragraph the productivity loss of the status quo. Compare that to their obdurate opposition to Social Security reform. It will be harder for them to stand and cheer next January if the President says they have blocked it.
But johngalt thinks:
While you are encouraged by engagement with the Robin Hood crowd, I will always be skeptical of their intentions when the only thing that changes about their "plan" is the rhetoric - and the redefinition of the english language that comes along with it. I couldn't find the mention of productivity loss you referred to. I wanted to compare it to the evidence from a very influential economic blogger who said real incomes are increasing. Posted by: johngalt at February 19, 2006 1:55 PM
But jk thinks:
Hope I didn't oversell -- I was referring to the admitted productivity loss in filing taxes. The article said "The typical taxpayer needs more than 30 hours to complete this process, struggling to comprehend a tax code that contains more than 10,000 sections. That's why taxpayers spend more than $100 billion annually on tax preparation." It would be good to have that effort directed a |