Category: too much government

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First Amendment rights free trade & free markets too much government

Absurdity Then, Absurdity Now

There’s a famous quip by one English intellectual about another. “Oh, you know what so-and-so’s idea of a tragedy is: A beautiful theory killed by an ugly fact.”

Well, don’t I know it.

I wrote a column, recently, for Townhall​.com, entitled “The Buxom Bailout Babes of the Umpteenth Brumaire.” In it I noted that while the Great Depression was a tragedy, today’s economic debacle, though a repeat of it, is more farce. To demonstrate its farcical nature I noted that some people are seriously talking about bailing out the newspapers, which have hit hard times.

And nothing, I assured my readers, could be more absurd than that. The point of having newspapers is to be critical of government. To have government support them would turn them into worse propaganda rags than they now are.

The trouble with this? Well, FDR, way back in the tragedy, also subsidized newspapers. Well, at least one.

Bailouts weren’t exactly the main thrust of the New Deal, but they happened. And, like most political acts, they were politically motivated. FDR was worried about Philadelphia, which was solidly Republican. The Democratic newspaper was failing.

So he bailed it out.

Simultaneously he set the IRS on the publisher of the Republican newspaper. In the next election, the area turned Democrat.

Here’s one theory that won’t be disproven: In government, it’s politics that matters.

This is Common Sense. I’m Paul Jacob.

Categories
Accountability Common Sense free trade & free markets too much government

New Prez Pleads for Common Sense

I like a president who pleads for common sense.

Here’s the story, headlined in the New York Times: “Obama Calls for ’Common Sense’ on Executive Pay.”

The president announced a salary cap for top executives working for companies garnering the greatest gobs of booty under the most recent federal bailout. The cap? Half a million bucks.

President Obama allayed a few qualms, right away. He said that “This is America, we don’t disparage wealth.…” And he said, “we certainly believe that success should be rewarded.”

But he does talk about the “height of irresponsibility” in Bush administration bailouts, with execs taking huge bonuses after running their companies into the ground. Who wasn’t sickened by this? Obama sees it as common sense to make sure we don’t reward massive failure with the usual rewards of success.

Still, America is also about respecting contracts. Those corporations had negotiated very explicit contracts with their execs regarding the big bucks. And — surprise, surprise —  Congress wrote up the law on the gargantuan bailouts without requiring those contracts be renegotiated.

And consider: Do we really want our politicians setting non-​government salaries?

This is all a side issue, though. Take the bailouts themselves. Where’s the common sense there? They do reward failure. They will not help the economy. If our leaders had acted according to common sense, the whole salary issue wouldn’t even have come up.

This is Common Sense. I’m Paul Jacob.

Categories
general freedom too much government

Fake Grit

“Desperate times call for desperate measures.” Or maybe not: I prefer it when “cooler heads prevail.”

But as our times get desperate, here comes Tony Blankley with a new book, True Grit.

Blankley calls for a universal draft that would delay college or work for your 18- or 19-​year-​old boy or girl, forcibly placing them under government control. Under Blankley’s plan the military would get first dibs, but those not forced into military service would be corralled into civilian government service.

This is, well, stupid. One of the federal government’s few big successes has been the all-​volunteer military. Forcing people, not suited or interested, into armed service may seem egalitarian, but it undermines the military, which ought to concentrate on winning wars.

Moreover, to force millions more into government make-​work programs, again in the name of fairness, will cost taxpayers plenty — and uproot the lives of young people.

Charlie Rangel has been the most persistent conscription pusher. His draft legislation proved so overwhelmingly unpopular that when it was brought up in Congress even he voted against it.

In a review of True Grit at Human Events, Blankley is described as progressing politically from being a libertarian to a conservative to a nationalist.

Sorry, that’s not progress.

This is Common Sense. I’m Paul Jacob.

Categories
national politics & policies too much government

Trillions I Say

I hate to talk bailouts all the time. But the feds keep throwing more misallocated trillions at the problem.

What problem? Oh, you know — the predictable consequences of all the previously misallocated trillions.

We keep hearing about fresh piles of governmental largesse being devoted to making our troubles as long-​lasting and burdensome as possible. Of course, the central planners in D.C. don’t admit the necessary effects of their wastrel social-​engineering ways. They would rather call it, say, “investing,” or “economic stimulus.”

Economist Henry Hazlitt pointed out that government spending does nothing to “stimulate” the economy. It merely directs “labor and capital into the production of less necessary goods or services at the expense of more necessary goods or services.”

What politicians are really doing is buying votes, keeping themselves in office longer … while the bad times roll.

Our calculations of red ink should consider not only the federal debt on the books, which is now more than $10 trillion, but also the unfunded liability for Social Security and other programs. Adding all that, we get something like $70 trillion or more we’re on the hook for.

I did some quick math. A stack of 70 trillion one dollar bills would be close to 48 million miles high. More than half the average distance between the earth and the sun.

Just thought I’d mention it.

This is Common Sense. I’m Paul Jacob.

Categories
insider corruption too much government

Get Real, Mr. Rael

Political ads are not much different from normal, commercial ads. Effective advertisements usually make it pretty clear what the hoped-​for outcome is.

Buy a widget? Patronize a business? In politics, it’s “Vote for X” … or A, B, or C.

Last political season, in New Mexico’s Bernalillo, Sandoval, and Valencia counties, ads ballyhooed a Rio Metro expansion project. They very clearly concluded by telling voters to “Make a Difference on November 4th,” and offering up a certain website that also promoted voting for the tax increase to expand the transit system.

So why did Lawrence Rael of the political entity responsible for Rio Metro deny the obvious? “We’re not saying ‘vote for the tax’ as an advocacy committee would do,” he explained. “We’re just simply saying, ‘Look, this issue is on the ballot … Here’s what it’s about.’”

Oh, get real, Mr. Rael.

The reason for his reticence? Governments in a republic aren’t supposed to influence voters but be influenced by voters. That’s the point of an election, where our tax dollars ought not be on either side.

Paul Gessing, of the Rio Grande Foundation, wrote in the Albuquerque Journal, “Having advocates for these proposals working on the taxpayer dime obviously tilts the advantage in the direction of higher taxes. But giving the pro-​tax side the additional advantage of a significant advertising budget is simply too much, and is truly unfair.”

No wonder government keeps growing, eh?

This is Common Sense. I’m Paul Jacob.

Categories
Common Sense general freedom national politics & policies too much government

Santa Speaks Out

Oh, sure, he’s a jolly old elf most of the time. But just ask Mrs. Claus: He’s got a temper.

Not long ago, I compared Congress to Santa Claus, because both hand out lots of goodies. Well, Santa was not amused.

“How in the name of the North Pole can you compare me with the politicians in Congress?” he wanted to know. “My elves and I produce our presents ourselves and we make a list so they go to the nice people. The Congress takes from others and often gives the loot to folks who are naughty.”

He’s got a point. And who wants to argue with Santa this time of year? Then there was the flap in Kensington, Maryland, where the long tradition of Santa lighting the town tree was ended after complaints from families who don’t celebrate Christmas.

Santa called and I was ready for an earful. But Santa wasn’t mad at the families who complained or the town officials. “Christmas is my holiday,” Santa said calmly, “and I’ll not let anyone turn it into something that’s forced on people. That’s not my style. I don’t want anyone forced to pay taxes against their will to celebrate Christmas. And that’s what’s been going on in this little town.

“I don’t need any government mandates; after all, hundreds of people in Santa suits brought their own holiday cheer to the Kensington tree lighting. The spirit of Christmas is something you give, not something you take. Ho! Ho! Ho! Merry Christmas!”

This is Common Sense. I’m Paul Jacob.