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Accountability folly general freedom government transparency moral hazard too much government

Buying Quality of Life

People who spend other people’s money in Indiana are applauding their amazing ability to write big checks and hand them out.

The Regional Cities initiative — enacted by the Republican legislature and heralded by the Republican governor — just awarded grants of $42 million of taxpayer dough to three of seven county consortia in the Hoosier State.

“This is big. This is a big deal in Indiana,” Gov. Mike Pence told reporters, “and I believe it’s part of a third century strategy for growth that will pay dividends for generations.”

Really? Government redistribution will fuel “growth” . . . and “pay dividends”?

The more-spending “strategy” is “geared toward quality of life projects ranging from economic development and job creation, to improved recreational and arts opportunities,” according to WNDU-TV in South Bend, adding that, “The Regional Cities Initiative is aimed at the younger generation and giving those people more reasons to love — than leave the state.”

Love it or leave it, eh?

“The public has been told that we have some sort of $42-million jackpot to spend on wonderful things,” explains Fort Wayne City Councilman Jason Arp in his Indiana Policy Review. “What hasn’t been made clear is that with the award comes [an] obligation not only to match that $42 million with taxpayer and private money but a separate eight-year commitment to a portfolio of $1.4 billion in projects. . . .”

In other words, it’s a classic government-spends-our-money-better-than-we-can program.

The Regional Development Authority will, in the end, “have discouraged actual entrepreneurship, innovation and free enterprise,” Arp explains. In their place? A “sort of unaccountable directorate.”

Growing ever bigger to better spend our hard-earned dough.

This is Common Sense. I’m Paul Jacob.


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Accountability folly free trade & free markets general freedom ideological culture moral hazard national politics & policies political challengers responsibility tax policy too much government

Berating Bernie?

Bernie Sanders has risen in the polls. He may even beat Hillary Clinton in the first caucus and primary contests for the Democratic presidential nomination.

A cause for celebration! Witnessing a huge hunk of Americans accept Mrs. Clinton, the consummate and corrupt insider, is too disheartening.

Bernie Sanders, for all his faults, is at least not an insider like Hillary.

And even when he’s obviously wrong, he’s a breath of fresh atmosphere. Take his recent call for turning the credit ratings institutions into non-profits, or into government-run bureaus. It’s good to hear someone on the left blame something other than the partial repeal of Glass-Steagall as the cause of the Crash of 2008, and (thus?) of the current “Great Recession.” Glass-Steagall was utterly irrelevant to the institutions that were hit hardest in 2008’s collapse; it has, nevertheless, served as leftists’ idée fixe for years now. Embarrassing.

The ratings agencies, on the other hand, did play a part in the crash.

Still, remember: their prominence and importance (and very existence) in financial sectors rests entirely upon one provision of FDR’s New Deal.

More importantly, Bernie’s favored solution — government bureaus — is no solution at all. Europe’s ratings system failed in 2008, too, as Mark A. Calabria has noted, and “it was the international financial regulators, not the rating agencies, who decided that Greek debt was ‘risk-free.’”

Earth to Bernie: government regulatory failure is normal.

Calabria agrees that we need to have a political conversation about the ratings agencies, but insists it be “based on facts,” not ideology.

I’m all for the facts, but ideologies are inevitable. And ideologies promoting Big Government inevitably fail.

This is Common Sense. I’m Paul Jacob.


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Categories
crime and punishment general freedom moral hazard national politics & policies The Draft too much government U.S. Constitution

Junk the Law

Would your favorite presidential candidate force women to register for the military draft?

A federal court case, National Coalition for Men v. Selective Service System, is bouncing around the Ninth Circuit. It challenges the male-only draft registration program as discriminatory against men.

Thirty-five years ago, when yours truly was fighting the draft, the U.S. Supreme Court upheld a male-only program because women were then barred from combat. Now the All-Volunteer Force has opened all military fields to women, including combat roles. It follows that the federal courts will likely strike down male-only registration.

What will Congress do? What will the next commander-in-chief advocate? Allow the program to end — or mandate that both young men and young women register?

Hillary Clinton answered this question in 2008, during her first run for the presidency: yes, register women for the military draft.

What about the other presidential hopefuls?

Back in 1980, then-candidate Ronald Reagan pledged to end it, saying that conscription (and registration for it) “destroys the very values our society is committed to defending.”

Sadly, President Reagan continued draft registration, prosecuting me and others.

“The question is nothing less, than whether the most essential rights of personal liberty shall be surrendered,” the great Daniel Webster railed against conscription, “and despotism embraced in its worst form.”

Men and women have an equal right to freedom — not conscription. Free people will always volunteer to defend their country.

This is Common Sense. I’m Paul Jacob.


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Accountability folly ideological culture moral hazard nannyism national politics & policies too much government

Bernie’s Bogus “Medicare for All”

Bernie Sanders promises universal health care, but, up until the other day, just waved his hands in the air, without specifics. Now he has a plan.

Sort of.

Ezra Klein, writing at Vox, says Sanders’s “Medicare for All” is not a plan at all. It’s a “gesture towards a future plan.”

But that doesn’t mean that the thing isn’t “well sold.”

After praising the Obamacare/Affordable Health Care Act for giving “health insurance” to more than 17 million people, the preamble of Sanders’s proposal made its most predictable statement: “Twenty-nine million Americans today still do not have health insurance and millions more are underinsured and cannot afford the high copayments and deductibles charged by private health insurance companies that put profits before people.”

Forget that deductibles are integral to the very idea of insurance. Forget that profits are absolutely necessary for the success of an industry. Forget that profits come from serving people.

Remember, instead, the leftist clichés.

Sanders’s plan, such as it is, is a lie — or, in Klein’s phrasing, “has nothing to do with Medicare.” Sanders aims to get rid of deductibles and copays, on which Medicare depends. It’s what makes Medicare distinct from, say, socialized medicine.

Insurance covers individually unforeseeable but actuarially manageable risks. Socialized medicine gets rid of the idea of “payment for service” on every level — and thus the very idea of insurance — and turns the whole thing over into a tax-and-spend program, i.e., what Sanders really wants.

That won’t be cheap, as Megan McArdle demonstrated some time back during the Vermont “single payer” kerfuffle.

The only option for increasing value while lowering prices? Go the opposite direction from socialism.

This is Common Sense. I’m Paul Jacob.


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Accountability general freedom moral hazard national politics & policies political challengers responsibility tax policy

Bankrupt Leadership

Sen. Rand Paul wasn’t the only thing absent from the GOP presidential stage last Thursday.

Also missing? Any meaningful talk about reducing federal spending and avoiding a sovereign debt crisis. The debt looms over all our heads. But you wouldn’t know it to listen to the GOP hopefuls. (And the same nearly goes without saying for the Democratic Party’s debt-denying presidential aspirants.)

Way back when the Bush Administration had lost America’s confidence, deficits and debts were a common concern. Much of the disgust that birthed the Tea Party movement was disgust at Republican over-spending, as well as at the bailouts that spurred the initial protests. And then came Obama, Obamacare, and a 70 percent increase in federal debt.

Why the silence now?

Nick Gillespie, of Reason, figures that Republicans don’t really care about deficits and debts.

Andrew Flowers, of FiveThirtyEightPolitics, wonders whether the GOP has abandoned the issue because Republicans don’t want to face the fact that Obama has, indeed, reduced deficits — though definitely not the debt, which has nearly doubled.

Alternative theory? Republicans have given up hope, because the last two Democratic presidents, Bill Clinton and Barack Obama, have successfully threatened government shutdown over even the itty bittiest spending cut, safe in the knowledge that the mainstream media’s full spin-cycle will be blaming conservatives.

This has made it easier for Big Government Republicans to embrace greater military funding and other spending programs, as Gillespie notes.

But real leadership recognizes the present danger of debt.

This is Common Sense. I’m Paul Jacob.


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meme

So Now We Know!

Bernie’s health plan will WORK (and save money!) through (wait for it!)…

GOVERNMENT EFFICIENCY!


Click below for high resolution version of this image (great for screensaving and sharing).

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meme

A Proud Progressive…

…bravely fighting income inequality one target at a time!


Click the image below for a high resolution version (great for screensaving and sharing).

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Categories
general freedom ideological culture national politics & policies too much government

The Great Ideological Divide?

When I was a kid, both Democrats and Republicans sported “conservative” and “liberal” wings as well as “moderate” leaders and representatives.

Now, conservatives have pretty much corralled themselves into the GOP, and liberals into the Democratic Party.

Why? Birds of a feather?

Ezra Klein offers some interesting observations in “This is what makes Republicans and Democrats so different”:

  • “Democrats are motivated by specific policy deliverables while Republicans are motivated by broader philosophical principles”;
  • “Democrats rely on more interest groups than Republicans” do;
  • “Democrats prefer politicians who compromise, and Republicans prefer politicians who stick to their principles”;
  • “Policymaking has a liberal bias — even when Republicans do it.”

Klein also draws on research by political scientists Matthew Grossmann and David Hopkins, who in their paper, “Policymaking in Red and Blue,” conclude that “the Republican Party is dominated by ideologues who are committed to small-government principles, while Democrats represent a coalition of social groups seeking public policies that favor their particular interests.”

Interest groups demanding that their “particular interests” be addressed with more “deliverables” from government would certainly explain a strong Democratic Party bias in favor of more government. Klein seems to be saying that Democrats are led, as if by an invisible hand, in the socialistic direction.

But why does a Republican Party supposedly “dominated” by those with “small-government principles” also advance policies that grow big government? “New policies usually expand the scope of government responsibility, funding, or regulation,” Grossmann and Hopkins point out.

Perhaps Republican politicians are more influenced by their own position in government than by the views of their base voters.

This is Common Sense. I’m Paul Jacob.


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Accountability folly ideological culture media and media people national politics & policies

Shameless: The Next Generation

On Tuesday, former (and perhaps soon to be again) First Daughter Chelsea Clinton attacked Vermont Sen. Bernie Sanders, her mother’s chief rival in the presidential primaries.

“Sen. Sanders wants to dismantle Obamacare, dismantle the [Children’s Health Insurance Program], dismantle Medicare, dismantle private insurance,” Chelsea charged, telling an Iowa audience that he “would strip millions and millions and millions of people off their health insurance.”

The Sanders campaign quickly fired back that the young Clinton was “wrong” and disingenuously ignoring the fact that Sanders would bestow government-paid healthcare coverage on every American. For free! (Unless you happen to pay taxes, that is. Then, it’d be very expensive.)

“It wasn’t an honest attack,” declared Democratic strategist David Axelrod on CNN.

But on ABC, Hillary defended her daughter, doubling-down by arguing, “that’s exactly what he’s proposed. To take everything we currently know as health care, Medicare, Medicaid, the CHIP Program, private insurance, now the Affordable Care Act, and roll it together.”

Strange, in 2008, when Hillary was promoting a single-payer system and Barack Obama took issue, Mrs. Clinton decried “tactics right out of Karl Rove’s playbook,” asking, “Since when do Democrats attack one another on universal healthcare?”

“This is wrong and every Democrat should be outraged,” the 2008 Hillary declared. “So shame on you, Barack Obama!”

Now it’s Hillary Clinton who knows no shame.

“More striking perhaps,” lamented Mark Halperin, a senior political analyst for MSNBC and Bloomberg News, “was a lack of interest that most of the news world had to [Chelsea’s] remarks.”

Maybe when Clintons “dismantle” the truth, it just isn’t news anymore.

This is Common Sense. I’m Paul Jacob.


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folly general freedom ideological culture media and media people

Nazi by Association

Do haters of Charles and David Koch, the billionaire philanthropists, know no bounds of decency?

Monday’s New York Times squib, “Father of Koch Brothers Helped Build Nazi Oil Refinery, Book Says,” is a grand case in point. The article is basically pre-release gossip about a book that hasn’t been published yet: Dark Money, by Jane Mayer, a New Yorker writer. The author focuses on the Kochs and other rich folks who, the article says, served as “the hidden and self-interested hands behind the rise and growth of the modern conservative movement.”

As usual with “progressive” minds, she just assumes that all the billionaires and foundations who have supported her causes over the years cannot also (or: better) be described as “self-interested.”

Her main charge, that the Koch brothers’ father had helped build “the third largest oil refinery in the Third Reich, a critical industrial cog in Hitler’s war machine,” is nothing more than guilt by association. As Dave Robertson, President and Chief Operating Officer of Koch Industries, notes in his official response, the plant in question was built before Hitler had proven himself a tyrant. It’s ridiculous to insinuate that the business deal demonstrates that a family of limited government proponents were somehow in favor of the big government tyrant, Adolf Hitler.

Calumny!

But once made, we may return volley.

Partisans often accuse their enemies of their own worst faults. I’m sure Ms. Mayer is not a Nazi, as such, but her economic ideas are a lot closer to the actual policies of the National Socialist Party than are the Kochs’.

Hence her need to smear first.

This is Common Sense. I’m Paul Jacob.


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