Author: Redactor

Categories
national politics & policies responsibility

A Deficit of Common Sense

Congress has just raised the federal debt “ceiling” to $14.3 trillion. 

Yes, it’s called a “ceiling,” though I cannot recall seeing any other ceiling so adjustable.

The Associated Press reassures us: The new ceiling means that congressmen won’t have to pass an even higher ceiling until after November. According to the AP, if Congress had to raise the debt limit too close to the election, this would “[feed] a sense among voters that the government is spending too much and putting future generations under a mountain of debt to do it.”

“Feed a sense”? Yes, committing fiscal crime in broad daylight might serve to “feed a sense” that the crime is in fact being committed.

Meanwhile, Moody’s, the Wall Street credit agency, warns that the U.S. is at risk of losing its triple‑A credit rating. The federal government must stop its fashionable trillion-​dollar annual deficits. But Moody’s also proclaims to understand why the government has run these trillion-​dollar deficits. Seeing as how we’re in a recession, it would be politically tough to trim budgets right now. 

Let me get this straight. If you’ve been taking on way too much debt, the best solution to the problem is to borrow money even faster and even more irresponsibly? But only for now? Then kick the habit later … when it’s suddenly real easy?

No, I don’t think so. Try again, Moody’s.

This is Common Sense. I’m Paul Jacob.

Categories
insider corruption term limits

Bye Bye Bayh

Senator Evan Bayh of Indiana is calling it quits, leaving the Congress after two terms. What’s not to like?

Without mandatory term limits for the office, Mr. Bayh’s self-​imposed limit seems an honorable second-best.

Bayh has also openly expressed his disgust with the behavior of this Congress, calling it “brain dead.” No argument from me.

On CBS’s Early Show Bayh clarified his decision to leave government for the private sector, saying, “If I could create one job in the private sector by helping to grow a business, that would be one more than Congress has created in the last six months.”

Ouch!

If he’s talking about sustainable, productive jobs, he’s no doubt correct.

But there is something about Evan Bayh’s leave-​taking announcement that leaves me more than a little disgusted.

Bayh’s decision surprised most. But it was certainly no surprise to Bayh. Surely contemplating re-​election has been on his mind for some time.

By waiting until to the last minute to drop out, Bayh ensures that the people of Indiana will have no say in choosing the Democratic candidate for his position — no campaign, no primary election. The Democrat’s nominee will be installed by the party’s State Central Committee.

Bayh’s departure is unfortunately no departure from the brand of politics that continually games our elections, where the insiders offer voters as little choice as possible.

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets

High Tech versus Disaster

Amidst all the tragedy dealt by the earthquake in Haiti, there have also been inspiring tales of coping and survival — some occasioned by the wonders of modern technology.

Consider the cell phone and its muscular cousin, Apple’s versatile iPhone.

The iPhone was the star of Dan Woolley’s self-​rescue effort. Woolley, an American filmmaker, was in Haiti when the earthquake buried him in rubble. Help would not arrive until three days later. So he consulted an iPhone application to learn how to make a tourniquet for his leg and bandage his own head wound. Without the software, Woolley might not have survived.

Few in Haiti have iPhones, but many have access to some kind of cell phone. For weeks after the earthquake, electricity was out. Landlines were dead too. But in a patchy way the cellular network was up within days. Voice calls remained iffy, but you could easily send text messages.

Without electricity, though, how to power up a drained cell phone and contact a loved one? That’s where street-​corner entrepreneurs came in, hooking up power strips to car batteries and charging 40 cents or so to charge a cell.

We often take technology for granted. But the high-​tech that makes life easier in normal times can also help us contend with disaster. As do the markets that make the technology and its maintenance possible. 

This is Common Sense. I’m Paul Jacob.

Categories
ballot access insider corruption political challengers

Independent at the FEC?

Nowhere has President Obama lost more support than among independent voters. So, now Mr. Obama is talking up bipartisanship. But his focus is too narrow. He needs to think more about NONpartisanship — or, perhaps, “transpartisanship.”

Take for instance the Federal Election Commission. The FEC is governed by six commissioners — three Republicans and three Democrats. As Theresa Amato, an attorney and author of Grand Illusion: The Myth of Voter Choice in a Two-​Party Tyranny, wrote recently in the Kansas City Star, “[M]ake no mistake that the FEC is a partisan body.”

Amato — who serves on the board of Citizens in Charge Foundation, this program’s sponsor — explained that the FEC’s partisan make-​up is not caused by “the demands of the law, merely the outcome of a ‘bipartisan’ rather than ‘nonpartisan’ appointment process.”

Amato suggests an easy way to break the partisan gridlock at the FEC and to reach out to the majority of Americans who identify as “independents”: Appoint the first non-​Republican, non-​Democrat as commissioner — someone independent, or a representative of a third party.

Months ago, leaders of IndependentVoting​.org wrote to the president also urging him to shake up the FEC in exactly this manner. 

It’s bad enough for a federal agency to regulate political campaigns and political speech. It’s worse to allow the two major parties to control such an agency. We need more independence — and thus independents. 

This is Common Sense. I’m Paul Jacob.

Categories
education and schooling free trade & free markets too much government

Take That Money

I didn’t notice it right away, but President Obama included some strange stuff about student loans in his State of the Union address. He called the current system an “unwarranted” taxpayer subsidy to banks.

Well, yeah. His solution? Another unwarranted taxpayer subsidy.

The president seeks to give families a $10,000 tax credit for sending kids to college. He also insists that no student spend more than 10 percent of his income to pay back loans, and that the unpaid portion of loans be forgiven after 20 years.

Further, if the former student happens to work for the government, the loan would be forgiven in half that time — just ten years!

This amounts to a huge special favor to government workers, of course. It may sound nice and patriotic when the president calls it “public service,” but it seems less so when you realize that government workers now earn, on average, more than private sector workers. Perhaps the fact that public employee unions are a big spending political powerhouse for Obama and Democrats matters in some small way.

Alas, more vote buying.

The president used an interesting phrase, explaining what he’s up to. He instructs us to “take that money” now loaned by banks and “give to families.” This is pseudo-​specific. It’s not the same money.

But a politician obscuring the real source of wealth is nothing new.

This is Common Sense. I’m Paul Jacob.

Categories
too much government U.S. Constitution

The Man Who Would Be Missed

A billboard went up in Wyoming, Minnesota. It features a photo of ex-​prez George W. Bush, with a goofy smile and one of his off-​kilter, clumsy poses, with the large caption “Miss Me Yet?”

Some dispute the intent of the message. The anonymous businessmen who paid for it aren’t talking. But it seems pretty clear to me. To ask the question is to challenge the current man in the hot seat.

For my part, I never hated George W. Bush the way some did — but I never admired him as did many others. In my mind, Bush didn’t do much for limited government and the rule of law. He mostly moved things in the other direction.

Sadly, that “other direction” is not exactly a new direction. It’s old hat. More government. More regulation. More spending. More debt.

And, even sadder, the current president likes George W. Bush’s direction. He’s taken Bush’s Keynesian stimulus ideas, and upped the ante. He took the bailouts, and bailed out more businesses. And he took Bush’s two wars, and he’s put more money and men and women into them.

Miss Mr. Bush? There are days when it looks like we’re experiencing his third term. And enough was enough already, long ago.

How long ago?

Picture good ol’ Grover Cleveland, and picture that picture with the caption, “Miss Me Yet?”

Well, yes.

This is Common Sense. I’m Paul Jacob.