Category: too much government

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Accountability free trade & free markets too much government U.S. Constitution

Stop Unconstitutional Stomping

Here’s an idea about how to help businesses survive in this troubled economic climate: Stop allowing an unaccountable regulatory board — unclad by even a fig leaf of constitutionality — to ride roughshod over public companies.

In the wake of the Enron scam and other financial scandals several years ago, Congress enacted a packet of onerous new regulations. This Sarbanes-​Oxley legislation created a regulatory board, the Public Company Accounting Oversight Board, to issue arbitrary edicts, impose arbitrary penalties, etc.

One problem with this star chamber is that its officers are neither appointed by the executive branch nor approved by Congress, as required by the Constitution.

The Competitive Enterprise Institute and the Free Enterprise Fund want this practice to end. CEI explains that if the president were obliged to appoint and dismiss members of this board, as required by the Constitution’s Appointments Clause, “he will be on the hook for their policy failures, and thus have an interest in making them develop sound policies.… He won’t be able to blame the red tape on an unaccountable agency.…”

But the two organizations are not merely publishing op-​eds and issuing press releases. They have filed suit, taking their case against the oversight board to the courts. And now the Supreme Court has agreed to hear the case. 

At last, this oversight board gets some much-​needed oversight.

This is Common Sense. I’m Paul Jacob.

Categories
national politics & policies too much government

Smash Hack Attacks

Add one more news story to all the others about how your private data is not secure in any database.

In May, a gang of hackers demanded $10 million ransom in exchange for not posting the personal information of millions of Virginia residents on the Internet. 

Yikes, I’m from Virginia!

The Virginia Department of Health Professions confirms that there was indeed a recent breach of its servers.

If marauders get your name, birthday, and social security number, they can make life a living hell for you. Some of these jokers commit crimes in the name of the identity they stole. Guess who ends up getting arrested.

No, the databases are not secure. Still, Big Brother keeps trying to compel us to stick all our private data in one huge database to be tethered to a national ID card. The latest approach is to require all state ID cards to follow federal data and biometric protocols. And then link every state database together until it’s all one big database. The fate of this federal project is uncertain, since — thank goodness — some state governments are refusing to play along. But the feds will keep trying.

If the government succeeds, cyber terrorists would need to pull off only one big hack attack to jeopardize the privacy and security of every card-​carrying American. 

I’m against being forced to be a sitting duck. How about you?

This is Common Sense. I’m Paul Jacob.

Categories
responsibility tax policy too much government

March to Bankruptcy

I have warned, before, about the upcoming double-​barrel crisis aimed at the U.S. financial system: The insolvency of the U.S. government itself, as entitlement debt can no longer be kept afloat by FICA withholding, and as Treasury debt can no longer be maintained on a monthly basis simply because it has grown too big.

Last week our entitlement system’s trustees said that the current recession is so undermining Medicare Part A that payments for elderly care will fail in eight years, with Social Security itself imploding in less than 28.

That is, if the economy doesn’t get worse.

Medicare Part B, covering doctors’ visits and outpatient care, and Part D, covering prescriptions, are right now insolvent, sucking money from general revenues.

This crisis rushes closer, even as our president insists on reforming health care in ways that will almost certainly add new entitlements — which will also have to be paid for. 

President Obama says that more government will do the opposite of what it’s done in the past. Until now, government involvement in medicine has increased costs and prices. Now he says what he’ll do will make for more “efficiency.”

Why do politicians believe in the magic of their new programs rather than the history of their old ones?

Why is it that, in politics, irresponsibility rises to the top? 

However you answer that, the march to bankruptcy is picking up pace.

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets individual achievement too much government

I’ll Clink to That

Awards, known as the Sammies, are given annually by the Sam Adams Alliance to recognize the efforts of citizen activists fighting governmental lunacies.

This year’s winners for best video, Caleb Brown and Austin Bragg, produced a film on the anti-​competitive liquor laws of Virginia.

In the interests of full disclosure, I should report that I received a Sammy this year too — partly for fighting the Oklahoma Attorney General’s attempt to jail me for supporting Oklahoma democracy. Long story made short, we won that battle. 

The award also recognized my decades-​long work for term limits and citizen initiative rights.

Caleb and Austin’s video is entitled “The ABCs of Virginia Alcohol Law.” “ABC” is a pun on the name of the agency spewing the nonsensical edicts, the Virginia Department of Alcoholic Beverage Control. The brief video gives you a good glimpse of the silliness, which includes violation of free speech rights.

Did you know that it is legal for a Virginia bar to sell you a beer, or a shot of liquor, or a beer and a shot of liquor, but not a shot of liquor in a glass of beer? 

Or that America’s Founding Fathers would be thrown in jail under the liquor laws of today’s Virginia? 

Watch the video. It’s slick, it’s funny. And it should make you mad.

For more on all of this year’s Sammy winners, visit samadamsalliance​.org.

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets too much government

Cuba Needs Freedom

A viral video is making the rounds of Latin America. You can find it on YouTube. It’s an interview with a man on the street, and another Cuban man walks up and steals the show. He points to his open mouth. In island slang he says he’s hungry, and that “what Cuba needs is food.”

A lot of people blame America for Cubans’ hunger. And our government is now considering removing the embargo we have had against Cuba since its Communist-​inspired revolution. But that should be done — or not — for reasons that have nothing to do with the motto “Cuba needs food.”

Think about it. Cuba can trade with the rest of the world. In fact, on a cash basis, even with the U.S. Plenty of opportunities to produce and purchase food. 

And hey: The resorts in Cuba are well-​stocked with food. Canadians and Europeans and Arabs and others visiting the island don’t complain about a lack of food. 

But the common folk do.

Why?

Well, Cuba suffers from a kind of apartheid. Everyday citizens get ration cards. Their food shelves are bare. They cannot visit tourist beaches, shop at tourist supermarkets, or eat at tourist restaurants. They have to make do with the meager food they’ve been rationed.

So much for the abolition of the class system by Castro!

To feed Cubans, just one thing is needed: Freedom — an end to socialistic apartheid.

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets too much government

Fix Health Care?

When the president of the United States tells us that we “can’t fix the economy without fixing health care,” what do you make of it?

If you’re like me, you want to unravel the health care mess. And making it better would surely help the economy. But do I agree with President Obama?

Well, no.

The president and his party want to increase government controls and establish new government programs, the usual whatnot.

That is, the usual stuff that is precisely “what not to do.” 

Instead of increasing costs by regulation, we should decrease costs by having the government stop mandating what health insurance companies must provide. Or unentangle our hyper-​expensive Food and Drug Administration, with its longest and most expensive research rules in the world.

Generally, our politicians want us to emulate various socialized systems from across the globe, while ignoring the aspects of those systems that are freer than ours.

Specifically, Obama wants to set up a tax-​funded Medicare system for everybody, in competition with regulated private insurance companies. And since Medicare is one of the main drivers of high prices, you can see where this will lead.

Funny thing is, our medical costs have not been shooting up these past few years as much as they were before, while in heavily regulated-​and-​rationed Britain, costs have skyrocketed during this same period.

I’m reminded of the Hippocratic Oath: First, do no harm.

This is Common Sense. I’m Paul Jacob.