Author: Redactor

Categories
free trade & free markets too much government

Derailed

You gotta love trains. You gotta, you might say, since we all pay for them.

In taxes, subsidies.

The federal government’s Amtrak system loses $32 for every passenger — averaging all the routes. According to a recent Pew study, most lines of the system ran at a loss last year, many at a huge loss.

The Acela line, in the Washington, DC/​Boston corridor, makes a profit of $40.50 per passenger, when depreciation costs are figured in. But most lines aren’t so solvent.

On the other end of the country, the Cascades line loses over $32 per passenger and the Coast Starlight squanders $100 more.

But these losses pale besides the Sunset Limited, from L.A. to New Orleans, which loses a whopping $462.11 per passenger.

Many of these routes should just be closed. People pay the full costs of car rides and plane rides, in droves, right now. There’s no reason to throw more money on “the problem” of routes that already suck up big bucks.

Were all routes sold off, line by line, private enterprise would abandon some — and make the rest profitable. Or go broke trying. But it wouldn’t be your dime going for the losses, unless you choose to invest in a post-​Amtrak rail line.

Instead of this, the Obama administration threw a dozen billion bucks at high-​speed rail.

That way we can go faster — go broke faster.

This is Common Sense. I’m Paul Jacob.

Categories
political challengers

Wake Me When It’s Over

There are gubernatorial elections, today, in Virginia and New Jersey. My Republican buddies in Virginia are excited. After losing to the Democrats in the last two elections for governor — and for president, and the last two U.S. Senate contests — Republicans are now poised to win back the governor’s mansion.

Me? I’m not as excited.

Oh, Bob McDonnell, a former legislator and then attorney general, doesn’t seem any worse, and may be better than your average politician. But his campaign has the usual messaging: more jobs, better education, more and better transportation. All new and improved. For less.

Strikingly similar to the Democrats, I dare say.

Except that McDonnell hasn’t flat-​out said he’d raise anybody’s taxes. His opponent, Democrat Creigh Deeds, admits he would — only after a gallant attempt to dodge all those pesky questions and tip-​toe around taxes.

No independent or third party candidate is on the ballot.

In New Jersey, the sitting governor, Democrat Jon Corzine, may win with less than 50 percent of the vote. What a shame that’d be — the majority votes against a guy and yet they’re still stuck with him.

The polls show it very close, with independent candidate Chris Daggett getting 7 to 13 percent.

I prefer Republican Chris Christie. He promotes voter initiative and referendum. He promises he’ll actively push to establish a statewide initiative process. 

That would give people a real vote for change.

This is Common Sense. I’m Paul Jacob.

Categories
Accountability insider corruption

Nutty Acorn Shenanigans Never Stop

ACORN, a government-​funded community activist group long noted for hard-​left stances, has been earning more and more notoriety for sundry shady practices.

During the presidential campaign, the organization got in trouble for voter fraud. ACORN officials blamed a few bad apples. But phony registrations filed by its employees have been discovered in a slew of states. In 2008, 14 states began investigating the group for fraud.

Then there’s the ease with which many ACORN employees are willing to advise sex slave traders on how to avoid taxes.

As you no doubt know, in September of this year, Hannah Giles and James O’Keefe posed as a prostitute and a pimp at many ACORN offices. They pretended to seek advice on how to avoid paying taxes for income from the child prostitutes they said they were importing into the country. They recorded these visits with a hidden camera, and employees in all too many offices proved eager to help. ACORN responded by firing implicated employees … and suing Giles and O’Keefe.

Now it is coming to light that — to save money — ACORN bosses have been telling paid employees to work for them as volunteers, instead, and earn their pay by collecting unemployment insurance. This, as blogger Michael McCray notes, would be a form of fraud. 

A fraud to match other ACORN policies, I guess, and the handout mentality that permeates our nation’s capital. 

This is Common Sense. I’m Paul Jacob.

Categories
Second Amendment rights

Infringed Upon

Call me a literalist. If I see a sign saying “Keep Off the Grass,” I assume that instruction applies to you, and me, and everybody but the lawn’s gardener.

If my dog Bugsy is on leash, I’ll keep him off the lawn, too.

Same for the Bill of Rights. Even the notoriously controversial Second Amendment seems fairly clear: “A well regulated militia being necessary to the security of a free State, the right of the People to keep and bear arms shall not be infringed.”

What part of “shall not be infringed” is hard to understand? 

I just received a fascinating short article from the Cascade Policy Institute in Portland, Oregon, by Karla Kay Edwards. Ms. Edwards writes about current court cases regarding gun regulation. She explains that “in June 2008, the U.S. Supreme Court ruled that the Second Amendment applies directly to an individual’s right to bear arms. However, the decision did not clarify whether states and other government entities can limit those rights.”

She states it well. But, still, oddly. Don’t you find it a tad strange that rights listed in the Constitution as not to “be infringed” can, in the next breath, be spoken of as limitable?

Ms Edwards believes that such issues should be decided by the courts. I agree. But I’d prefer it if legislatures would simply not infringe on our rights in the first place.

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets too much government

Bernanke’s Pseudo-​Semi-​Solution

I’m not convinced. I’m not persuaded by Federal Reserve Chairman Ben Bernanke’s recent comments about how we must start trimming the nose hairs of the federal government’s runaway deficit spending.

Bernanke has been a great enabler of economic disaster. By pumping so much easy credit into the economy after the Great Internet Bubble popped early in the decade, Bernanke and his predecessor made it easy as pie to pile up all the bad housing loans that produced the Great Housing Bubble late in the decade.

His new solution? Massive new multi-​billion bailouts of bad economic actors. More and faster pumping of the money supply. More and faster enabling of bad investments and bad debt by working to keep federal-​fund interest rates vanishingly low.

Now Bernanke wants America to reduce its sky-​high deficits — $1.42 trillion for fiscal year 2009. He says we need a “clear commitment to reduce federal deficits over time.” Sure Ben, sure. I don’t disagree. But talk is cheap. Especially vague, general talk that your own actions persistently belie.

Bernanke seems to have some inkling that the fantasy economy can’t persist forever. He has, alas, no real idea of how to return to reality. He’s the guy who blows up a dam and then wants to lay down some twigs to stop the flood.

Stop blowing up the economy, Ben.

This is Common Sense. I’m Paul Jacob.

Categories
property rights U.S. Constitution

Not Robbed Until Proven Guilty

You are “innocent until proven guilty” in America, with one big exception: Under civil forfeiture laws, police don’t have to prove that a crime has actually been committed in order to seize your property. And once your boat or car is stolen by your government, the burden falls to you to prove your stuff is innocent.

Police departments are getting rich from the loot they seize from folks never convicted of a crime. As the Institute for Justice argues, civil forfeiture laws provide an ugly incentive for police “to enforce the laws in ways designed to maximize forfeiture income rather than to minimize crime.”

Now a challenge has reached the U.S. Supreme Court. Alvarez v. Smith concerns six people whose property was seized by Chicago police, though three of them were never charged with a crime. 

The Institute for Justice, the Cato Institute, the ACLU and the Reason Foundation have filed amicus briefs arguing that due process was denied. 

In favor of more free-​wheeling civil forfeiture are a number of state governments, the National Conference of State Legislatures, the National Association of Counties, the National League of Cities, the U.S. Conference of Mayors and other groups representing government entities that spend the proceeds from the seized loot.

During oral arguments, Judge Sonia Sotomayor asked the pertinent question, “You take the car and then you investigate?”

Backwards justice is no justice at all.

This is Common Sense. I’m Paul Jacob.