Category: folly

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Accountability ballot access folly general freedom media and media people national politics & policies Regulating Protest too much government

The Two-​Product Economic System

election, duopoly, rotten choices, Hillary Clinton, Donald Trumpk

What if our economy worked like our political system?

Only two major companies would provide any particular product for sale. But don’t worry — we’d still have a solid choice between “This Product Is Obnoxious” and “I Don’t Trust This Product.”

Those two companies would create a non-​profit entity — a Commission on Product Debates — empowered to determine the rules under which any upstart company could present its “third-​choice” product to consumers.

That Commission would prevent any third-​choice product from standing on the marketplace stage where consumers could compare it face-​to-​face with the two established choices … until it captured 15 percent of the market.

Last week, in real life, the Commission on Presidential Debates announced that its upcoming September 26th debate would feature only Republican Donald Trump and Democrat Hillary Clinton.

Neither Libertarian Gary Johnson, averaging 8.4 percent in the five commission-​approved polls, nor Dr. Jill Stein, the Green, at 3.2 percent, met the 15 percent threshold set by the Commission.

Forget that polls also show nearly two-​thirds of consumers — er, voters, want Johnson and Stein in the debates. You can’t win ’em all.

Or any at all … if you can’t take your product to market. And the presidential debates are an essential space in today’s political marketplace.

No third-​party or independent presidential candidate has been allowed on that debate stage since Ross Perot qualified in 1992, at the time polling at 8 percent — below Johnson’s current percentage.

That was before the Commission required a polling threshold. After those debates, one in five Americans voted for Perot on Election Day.

Duopolies do not serve us well. They cannot. That is not even their aim.

This is Common Sense. I’m Paul Jacob.

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folly insider corruption moral hazard nannyism national politics & policies porkbarrel politics responsibility

Settled Science?!?

sugar, lobbying, science, corruption, illustration

You probably know that America’s sugar industry is protected, making astounding profits because of high tariffs and artificially raised consumer prices.

And you likely know that government has worked hand-​in-​hand with agribiz interests to cook up (and regulate) a competitive sweetener, high fructose corn syrup. You understand that there are various types of sugar, and almost certainly suspect that refined sugar is bad for you, with high fructose corn syrup perhaps worse.

In fact, the scientific evidence for the danger of a high sugar diet has been around since the 1950s.

Well, what we now know, Elizabeth Nolan Brown writes at Reason, is “how the sugar industry essentially bribed Harvard scientists to downplay sugar’s role in heart disease — and how the U.S. government ate it up.”

Before Reason weighed in, my colleague Eric D. Dixon sent me a New York Times story, which stated the main proposition plainly: “How the Sugar Industry Shifted Blame to Fat.” But Reason’s Brown is right: it was government that really made this a nationwide disaster. The imprimatur of government sanctified the anti-​fat craze, and the government’s own dietary guidance (and regulations) proved grossly wrongheaded.

Now we’re the ones who are gross.

Scientists and government (bought off by a protected industry) fed us a line that many swallowed. We increasingly swapped fat for refined sugars, causing health to decline as girths went out and weights went up.

So when I hear outrageous claims for the “settled science of climate change,” I look at my middle and doubt that “settled” part. And I nurture an unsettling thought.… it’s the political science that’s settled: government lies to us.

This is Common Sense. I’m Paul Jacob.

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Accountability folly national politics & policies responsibility

Greedy Union Bosses

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Since the Service Employees International Union (SEIU) is a union, you might assume it holds that workers should be unionized.

Or, at the very least, that workers should have a right to unionize, if they so choose.

But you would be mistaken.

Similarly, many unions, most notably the SEIU, have been quite vocal in urging — demanding — that cities and states and the federal government require businesses to pay their employees a minimum wage of $15 an hour. The “Fight for 15” is their fight, no?

No.

Well, yes and no. It may be a fight they’ve picked, but unions such as the SEIU are on both sides of it. They’re fighting mighty hard to make other employers pay at least $15 an hour to employees, sure, but they’ve apparently not got an ounce of fight left to muster up the $15 an hour in pay for their own employees.

Last month, the pro-​labor In These Times covered the struggle between the SEIU and those working for the SEIU’s “Fight for $15” campaign to form their own union as well as to receive an hourly wage of $15.

“We don’t have the right to join a union that we’re fighting for other workers to have,” one worker explained. “When we’re fighting for everyone to have $15 an hour, we should have it ourselves.”

“It is true that over the labor movement’s long history,” confirmed David Moberg, senior editor at In These Times, “many unions have fought with their staff over whether staff could or should organize.”

“Practice what you preach,” Moberg admonished the unions.

And if that’s so difficult for the SEIU, maybe what it preaches is the problem.

This is Common Sense. I’m Paul Jacob.

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folly free trade & free markets general freedom moral hazard too much government

When Parasites Collide

Apple, EU, tax, Europe, Ireland, illustr

There are times I wish I were a tax accountant.

You know, just so I could better understand the news.

The European Commission has handed Apple, Inc., a $14.5 billion tax bill.

Owed to Ireland.

Apple, the tax commissioners said, had paid too little in taxes to Ireland, amounting to a mere 1 percent of the company’s European profits.

The Emerald Isle’s normal corporate tax rate is 12.5 percent.

On first read, this sounded like a tale of crony capitalism, with the EU’s tax authorities riding in, heroically, holding aloft the gonfalon of fair play, on the side of truth, justice, and an even playing field.

Well, the story gets complicated. The U.S. Treasury has protested the ruling as unfair. And Senator Chuck Schumer called it a “cheap money grab.”

The Wall Street Journal opinion page comes out on Apple’s side, too, but gives some specifics. Apple paid all the taxes it owed under Irish and EU law, but the ruling wasn’t about law, it was, we are told, about politics.

I can believe that.

So, as near as I can make out, what we have here are three sets of governmental interests, each intent on sucking the most out of a rich, innovative, and wildly successful multinational corporation.

It’s hard not to side with the target, Apple, and think of the other groups as mere parasites.

After all, my non-accountant’s spidey sense suspects that Schumer objects because the U.S. government isn’t going to get any of that $13 billion.

Preferring an “expensive money grab,” I suppose.

This is Common Sense. I’m Paul Jacob.  

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folly ideological culture media and media people national politics & policies political challengers

Naked Came the Pickle

Donald Trump, statue, Hillary Clinton, pickles, illustration

Last week, Donald Trump’s enemies staged an “emperor has no clothes” gag in full view of the public. It was a caricature of Trump, and featured him fat, old, and nude … and gave us a full view of the pubic.

Titled “The Emperor Has No Balls,” it failed to qualify as highbrow.

Kristin Tate, author of Government Gone Wild, was one of many non-​left commenters to take note of the double standard in plain sight: while media folk chuckled and even gloried in the short-​lived art placements, their reaction to a similar graven image of Hillary Clinton would almost certainly have been viewed with horror and outrage.

This week, the real (non-​effigy) Hillary proffered another stunt.

Facing rumors that she is not well, that her fall several years ago left her with a host of neurological and physical disabilities — rumors that focus on her weird leave of the stage at one of the Bernie debates, her strange, uncomfortable and borderline autistic bouts of laughter, her exaggerated motions, and much more — Mrs. Clinton went on Jimmy Kimmel Live to open a jar of pickles.

Considering the pickle she placed America in throughout the Middle East, perhaps there was a message here.

Whatever feat of strength this was supposed to amount to, Kristin Tate is having none of it. On Fox News’s RedEye, Ms. Tate insisted she heard no telltale “pop” that would indicate the unsealing of a sealed jar.

Somehow, this whole election season is symbolized in one lame stunt.

This is Common Sense. I’m Paul Jacob.

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Accountability folly ideological culture nannyism responsibility

Venezuela’s New Firing Squad

Maduro, Venezuela, socialism, collapse, illustration

We’ve watched Venezuela’s big-​daddy socialism descend into dystopia:

  • Arbitrary arrests of political opponents;
  • An economy managed by government decree, in which inflation “may top 700 percent this year” and toilet paper, food and medicine are in terribly short supply;
  • The once oil-​rich country has become “the worst performing economy in the world,” with hundreds of thousands of Venezuelans clogging border crossings with Colombia;
  • Meanwhile government workers “enjoy” a two-​day work-​week to save electricity, avoiding the wasted hours caused by daily blackouts;
  • And President Maduro has decreed that citizens can be conscripted — drafted into service — for 60 days, forced to pick crops.

“Venezuela brings back fedual [sic] serfdom to try to alleviate food shortages,” read one online headline. (Don’t laugh, that may be how we spell “feudal” someday.)

Still believing in magic … “Maduro ordered a 50 percent increase in the minimum wage last month,” informed the National Post, “but the latest studies show that salaries still fall far short of the amount needed to obtain basic household goods and food.”

Socialism has failed, again, and in doing so demonstrates something more than economic shortcomings. As the late President Ford warned, “A government big enough to give you everything you want is a government big enough to take everything you have.”

The Venezuelan people have the right to recall the president enshrined in their constitution, a particularly popular right at present … but the Maduro dictatorship refuses to take prompt, lawful action to facilitate the recall.

Not to mention unjustly arresting citizens circulating the recall petition or telling high government ministers to fire any government worker who signs.

So much for the socialist revolution … now tyrannically blocking a real revolution.

This is Common Sense. I’m Paul Jacob.     

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