Category: free trade & free markets

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Common Sense free trade & free markets general freedom initiative, referendum, and recall U.S. Constitution

Compatriots, We — For Liberty!

thanksgiving, Common Sense

Thank you. It’s Thanksgiving, a good day to say so.

What a great idea for a holiday — a thoroughly American one, unpretentious and unspoiled. Centered on family and friends, the day may be the most important of the year, something we all share, in no small part because it is when we count (and publicly acknowledge) our blessings.

First on the list?

The blessing of liberty, of course. The freedom to work and produce and to keep the fruits of your labor. In order to put food on the table (a LOT of GOOD food.)

And, because man does not live by bread alone, to do it your way, independently, by the sweat of your own brow and the work of your wits — not as any man’s slave, nor riding anyone’s back . . . including the taxpayer.

Thanksgiving thus serves to celebrate that quintessential American Dream: standing on one’s own two feet . . . with friends, family, and freedom.

I have a further reason to thank you, though, other than this date on the calendar.

And no, it’s not simply for reading Common Sense and allowing me to bring you heaping helpings of honest outrage, and resolve, stories of perseverance, commitment to principle, tales of “doing something about it,” offering a bit of humor, hopefully providing some good information and argumentative ammunition, a perspective on smart grassroots politics in this state or that, a lens on corrupt politicians and their latest schemes in a city or town all the way across the country.

I’m thanking you for something even more important.

Don’t get me wrong. Common Sense is important. I love riffing on the latest insanity, or success — especially presenting stories that can spur copy-cat campaigns, initiatives, legal actions and, in a word, ACTION.

Imitation is the sincerest form of flattery, after all.

You and I: we’re the folks taking responsibility for the future of freedom. We’re committed to doing the hard work of political reform.

Right?

It ain’t easy. We need to support each other, learn from one another, and work together — even when we are many miles apart. We have to build a smarter, more united pro-liberty community.

That’s why I write Common Sense.

To communicate with you . . . and other important individuals. All of us hanging together — and not “hanging separately,” as old Ben Franklin once quipped — because our efforts are absolutely essential to protecting the values of freedom, responsibility and independence.

Friend, we pay our dues (and more) — for otherwise your children and grandchildren, and mine, will face a world without what we hold so dear.

I started Liberty Initiative Fund to help citizen activists place tax limits, term limits, criminal justice reforms, and other pro-liberty and anti-crony measures on state and local ballots. I also serve as president of Citizens in Charge Foundation, which protects our crucial ability to use the citizen initiative and referendum process to hold government accountable.

Thankfully, Citizens in Charge Foundation financially supports Common Sense, allowing my compatriots to make tax-deductible contributions to keep this communication network alive and kicking.

Of course, it all comes down to you. This program, this Common Sense network doesn’t exist without your caring and support.

You know, I adore the Constitution and the Bill of Rights. As I know you do, too. But words on paper don’t keep us free unless there are people, like you and me, standing up for those words.

Stand with me again today and support Common Sense by joining Team 1776.

What’s “Team 1776”? It’s a group of folks like you who believe in the values of liberty and in building a network around those values through this communication vehicle. Members of Team 1776 care enough to provide our financial foundation by making a one-time gift of $1,776. Or they donate more. Or less. Whatever they can afford to give.

Many join Team 1776 with a monthly pledge of $17.76, which doesn’t hit the checkbook so hard (less than 60-cents a day), but adds up big-time for Common Sense — especially with more people stepping up to make that commitment.

Between today and the end of the year, I need to raise $30,000 to keep the Common Sense coming. I hope you have a great Thanksgiving Day and that you’ll claim this Common Sense program as one of your blessings.

Thanks for all you do and for your consideration now.

This is Common Sense. You make it possible. I’m Paul Jacob . . . and mighty grateful.

P.S. Your gift to Citizens in Charge Foundation for Common Sense is fully tax-deductible and 100 percent will go to the support and expansion of this program. Be part of Team 1776 by making a contribution or a monthly pledge today. Click here to make a donation by credit card. If you prefer to mail a check, please write “Team 1776” in the memo line.

P.P.S. My rough draft of this letter was titled, “Hey Comrades — Send Money!” I chuckled. My Web guy chuckled. But “comrades” is a commie word. We’re not even socialists, right? Sociable individualists, I like to think of us. Patriotic Americans. Compatriots. The word “compatriot” means both fellow countryman and colleague. And most of my readers (though certainly not all) are Americans like me, and almost all of you are colleagues (“comrades” without the bad connotations) in an important cause, a cause that must triumph. So this may be a better way to think of us: Compatriots for Freedom! Let’s make an impact . . . by saving civilization.

P.P.P.S. Thanks again. Happy Turkey Day!

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folly free trade & free markets general freedom ideological culture too much government

Bitter Pill

Martin Shkreli, Turing Pharmaceuticals, Daraprim, greed, FDA, ilustration, Common Sense

When Martin Shkreli, CEO of Turing Pharmaceuticals, announced his August acquisition of Daraprim, the only available version of the anti-parasitic pyrimethamine, and his plan to raise its price from under $14.00 to $750 per dose, I did not comment. Everybody else seemed to know exactly how evil the man was, and how awful the system that allowed his machinations.

I knew only that I didn’t know enough.

After reading Mary J. Ruwart’s “The $750 Pill: Corporate Greed, Excessive Regulation—or Both?,” I’m glad I waited. According to Dr. Ruwart, who has worked in the pharmaceutical industry, even the barest facts in the case incite suspicion:

Daraprim was patented in the 1950s, and is used for treating parasitic infections in fewer than 13,000 people a year in the U.S.  Turing bought exclusive rights to distribute the drug in the U.S. from Impax for $55 million; drug sales are less than $10 million/year. Impax itself bought daraprim several years earlier. It upped the price from $1 to $13.50/pill, causing the number of prescriptions to drop about 30%.

As Ruwart explains, the drug is no longer patent-protected, and “any generic company could make daraprim. . . .” So, what gives?

A company cannot just jump into the market. It has to prove — to the Food and Drug Administration — that its new generic would enter the bloodstream exactly as the old one. With the FDA’s red tape, this costs millions.

Which allows companies like Turing to effectively reclaim a monopoly for a little-used generic. Blame the FDA.

Still, there is some competition, from a company with a similar drug, priced at $1 per tablet.

This is Common Sense. I’m Paul Jacob.

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Martin Shkreli, Turing Pharmaceuticals, Daraprim, greed, FDA, ilustration, Common Sense

 

Categories
free trade & free markets general freedom government transparency national politics & policies responsibility too much government

Post Dated

USPS, Postal Service, Post Office, Mail, bankrupt, government, inefficiency, Common Sense, Illustration

What does a business do whose market share is decreasing, is billions of dollars in debt, and which incurred one-third of that debt just last year?

Realistically, it cannot be sustained. Not as a normal business.

Of course, the business in question has been struggling to reform, has been cutting costs. But can’t cut enough.

I’m referring to the United States Postal Service. Not a “normal business,” either: no “normal business” is authorized in the U.S. Constitution — or must suffer with the 535 members of Congress as its board of directors.

Kevin Kosar, writing at the Foundation for Economic Education, says the “existential crisis is already happening.”

And by this he doesn’t mean that the organization is going through a bout of anxiety leading to Nausea, or is so estranged from humanity that on a beach the company will kill an Arab — though that may be indeed true, “going postal” and all. He means, simply, what his title says: “USPS Is Going Down, and It’s Taking Billions with It.”

Many on the left say the problem is Congress’s insistence that the enterprise fund its employee retirement program. Kosar quotes an economist who figures that, even without current (and still inadequate) levels of pension contributions, the post office would have “lost $10 billion over the past seven years.”

Besides, those pensions must be paid for at some time — postponing them just delays the inevitable, making a future bust that much bigger, less manageable. (Current level of unfunded liability? $54 billion — which is not accounted for in its official debt.)

The Internet is more important than the post, now. Could it be time to junk mail?

This is Common Sense. I’m Paul Jacob.

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USPS, Postal Service, Post Office, Mail, bankrupt, government, inefficiency, Common Sense, Illustration

 

Categories
crime and punishment folly free trade & free markets general freedom

Drive Free or Die

Uber, taxi, sharing, free uber, Common Sense

Ever told your kids to share? That’s aiding and abetting, you know.

Sharing is illegal.

At least, it is in Portsmouth, New Hampshire . . . regarding Uber.

The popular ride-sharing company may be widely heralded as the flagship of the new sharing economy, but a Portsmouth city ordinance effectively blocks the service, requiring that the company provide background checks on all drivers, which Uber calls “draconian.”

While the company is trying to get the city to alter that mandate, several Uber drivers have ignored the ban, continuing to pick up passengers. In October, police stopped Stephanie Franz, who now faces a $500 fine.

Chris David has also continued to drive for Uber. After he recorded a verbal altercation with a cabbie on a city street and posted it to YouTube, David was charged with wiretapping — a felony.

Taxi companies are upset, too, claiming the ordinance creates “a free-for-all.” A Portsmouth Taxi executive bemoaned, “Anybody can come in.”

Before the ordinance took effect in September, only 28 cabs were allowed to operate. “That’s like limiting the number of restaurants and bars in Portsmouth to 28 to keep them full day and night,” argued Assistant Mayor Jim Spilane.

In the “Live Free or Die” state, barriers to earning a living and heavy-handed criminal charges have led to the pro-Uber slogan, “Drive Free or Die.”

Tonight at 6:30 pm, there’s a #FreeUber rally at the Portsmouth City Hall. If you’re nearby, please go help explain that government regulations ought to accommodate economic advances, not frustrate them.

That is, if you can find a legal ride.

This is Common Sense. I’m Paul Jacob.

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Uber, taxi, sharing, free uber, Common Sense

 

Categories
folly free trade & free markets general freedom nannyism responsibility

The Uber-Huge Mistake

Uber, car, ride, London, taxi, regulation, waiting, Paul Jacob, Common Sense

Uber’s challenge to old-fashioned ride service — to the taxi industry — is at least twofold.

One, it shows government regulation to be counterproductive and kind of witless.

Two, it shows that innovation — particularly by decreasing transaction costs — can rapidly transform a market for the good of consumers.

Recently, politicians who play to special interests — in this case, to taxicab companies and taxi drivers — have made some spectacular blunders. Perhaps the best-known is Bernie Sanders, who claims to see severe “problems” with Uber’s online ride-sharing service, but whose campaign staff uses Uber for ride-sharing . . . and nothing else. Hah!

But the London transit regulators have made the biggest splash.

Their latest proposal? To require Uber drivers to wait five minutes before picking somebody up.

Evens the playing field, you see.

Uber is so much quicker to respond to the paying riders’ needs that taxicabs apparently cannot compete in Old London Town.

The folks at Uber publicized the expected company reaction: the regulation would be a “huge mistake.”

But really, it’s a HUGE ADMISSION.

It shows that Uber’s service is superior, and that government regulators are more interested in protecting providers (taxicabs) than customers (pedestrians seeking rides).

It also shows these regulations for what they really are: protectionism for special interests, not protection for the safety of consumers.

Remember what Frédéric Bastiat said about protectionism: it’s always about placing obstacles in front of some producers (and the market in general) to aid a select (literally privileged) group of producers, regardless of consumer wants and needs.

Hobbling Uber to save taxicabs! What’ll they think of next?

This is Common Sense. I’m Paul Jacob.

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Uber, car, ride, London, taxi, regulation, waiting, Paul Jacob, Common Sense

 

Categories
free trade & free markets general freedom nannyism national politics & policies tax policy

Pass/Fail/Pass

November 2015 vote, Washington, Ohio, marijuana, legalization, illustration

While the Ohio measure to legalize marijuana did not pass, this week, the Washington State measure to wrest tax limitations out of a recalcitrant legislature did indeed succeed, with a 54 percent win.

Win some, lose some.

But in both these cases, there is some evidence for a general smartening up of the voting public.

With Ohio’s Measure 103, the support for cannabis legalization, a few weeks before Election Day, seemed strong. But the more voters looked at the measure, the more they caught a whiff of stink — and it wasn’t skunk weed. It was crony capitalism and insider favoritism. So, while a solid majority reasonably favors legalization — even in Ohio — it strikes most reasonable people that the measure’s secondary provision of setting up a monopolistic/oligopolistic production cartel is as anti-freedom as the legalizations is pro.

Smart folks saw through the proposal. Cannabis legalization is proceeding, state by state. Better results for legalization next time?

Perhaps, provided a better measure is offered.

Washington’s I-1366, on the other hand, had several levels to it, too, but they worked together. Voters seeking a constitutional tax limit, got it — or, if the legislature balks at delivering it as a future referendum (as the measure instructs) then the initiative’s main feature would kick in and the sales tax would be lowered. Low-tax voters get low taxes either way, legislature cooperating or resisting.

As I’ve explained some time back, repeated legislative betrayal had forced Evergreen State super-activist Tim Eyman to concoct this rather clever ploy.

In both Ohio and Washington, what voters voted against was against politics-as-usual — and that is good, no?

This is Common Sense. I’m Paul Jacob.

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November 2015 vote, Washington, Ohio, marijuana, legalization, illustration

 

Categories
Accountability Common Sense folly free trade & free markets general freedom meme

Progressive Logic

progressive logic, crony capitalism, corruption, big government, government power, meme, illustration, photomontage, Jim Gill, Paul Jacob, Common Sense

Government is so corrupt that its power to intervene in the market can be bought and sold by the rich…

…Therefore government should be bigger and more powerful.

Click here for a large resolution version of this image:

progressive logic, crony capitalism, corruption, big government, government power, meme, illustration, photomontage, Jim Gill, Paul Jacob, Common Sense

 

Categories
free trade & free markets general freedom national politics & policies

Why Protectionism

Donald Trump, Bernie Sanders, economics, free trade, collage, photomontage, Jim Gill, Paul Jacob, Common Sense

Why do so many people (especially politicians) favor high tariffs, “managed trade,” embargoes and domestic subsidies, all of which — first as “mercantilism” and then as “protectionism” — have been debunked, repeatedly (demonstrated as ineffective economic policy), since Adam Smith’s famous 1776 attack?

Economist Donald Boudreaux, in an excellent defense of economic principles, explains why the Bernie Sanderses and Donald Trumps of this world support anti-free trade nostrums — out of sheer ignorance:

The typical politician opposes free trade because he . . . doesn’t understand that the purpose of trade — any trade — is to enrich people as consumers and not to enrich people as producers. He doesn’t understand that exports are a cost and that imports are a benefit; he thinks that it’s the other way ’round. He doesn’t understand that the specific jobs lost to imports are not the only employment consequences of trade; he doesn’t understand that trade also “creates” jobs in the domestic economy. . . . He, in short, doesn’t understand the first damn thing about the economics of trade.

But what protectionists do understand are direct appeals to “good results” (like more and better high-paying jobs). The fact that their proposals throw a monkey wrench into the diverse mechanisms of trade, yielding worse results?

They just don’t see them.

Why? Because real economies are complex, and protectionists lack the science that would help them trace the consequences of their policies.

The fact that they’ve focused their whole attention on the business of “governing,” and making simplistic, direct appeals to people who are also uneducated in economic principles, doesn’t help.

This is Common Sense. I’m Paul Jacob.

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Donald Trump, Bernie Sanders, economics, free trade, collage, photomontage, Jim Gill, Paul Jacob, Common Sense

 

Categories
crime and punishment folly free trade & free markets general freedom tax policy

Gold Leaf

cannabis, marijuana, legalization, tax, taxes, federal, Colorado, illustration, Jim Gill, Paul Jacob, Common sense

The experiment in legalized marijuana begun by citizens in the states of Washington and Colorado has, from the beginning, faced a huge obstacle: marijuana is still illegal, federally. State nullification of federal law is not merely “problematic,” it’s hard to “get away with.”

Take Colorado’s experience. The Centennial State, which has made the swiftest and most extensive progress regarding marijuana retail sales, has come up to an inevitable problem with the federal government.

Over banking.

Interesting Reason reporting tells us that “Marijuana-related businesses in Colorado are so profitable that the government doesn’t know what to do with all of the tax revenue they’re generating. But business owners face a more immediate problem: Where to stash their own profits when banks won’t take it.”

Congress has been very active making banking less and less private and less and less free for decades now, in part because of the War on Drugs. Existing banks refused to take new cannabis clients.

So a new credit union was formed, to handle the cash.

And now, NBC News tells us, our central bank, the Federal Reserve (dubbed by NBC “the guardian of the U.S. banking system”), said “that it doesn’t intend to accept a penny connected to the sale of pot because the drug remains illegal under federal law.” Which makes modern banking difficult, even for a credit union, apparently.

What are “weed” businesses to do . . . other than what they are doing, hiring security guards for all the cash?

Maybe Bitcoin will step in. Or old gold-warehouse banking, as was not unheard of even in the 19th century.

Or, maybe, the federal government will cease its over-reach?

This is Common Sense. I’m Paul Jacob.

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cannabis, marijuana, legalization, tax, taxes, federal, Colorado, illustration, Jim Gill, Paul Jacob, Common sense

 

Categories
Common Sense crime and punishment free trade & free markets general freedom judiciary nannyism national politics & policies too much government

Legalize, But Prohibit?

Pot Pot, legalization, collage, photo-montage, Paul Jacob, Jim Gill

Last week, I warned of marijuana legalization.

Not that I’m against it. But how much will actual freedom be increased?

Note: I’m not bemoaning, as one activist friend argued, that “if you can’t toke up and celebrate in public when it passes, it’s not legalization.”

One cannot now legally smoke tobacco in most public buildings (meaning those open for business as well as government-owned structures) or drink a beer in most public parks or while navigating sidewalks. But you can smoke and drink at home or on certain types of private property.

Ending the drug war and treating newly legalized marijuana pretty much as we treat alcohol and tobacco seems like a long overdo common sense approach.

There’s also the freedom of home cultivation. I have friends who make wine at home, for private consumption. It’s legal; it’s proper. It should also be legal to grow cannabis at home. Yet, many a politician thinks otherwise.

And they are inspired, in a sense, by the popular legalization mantra, “legalize, tax and regulate.” That sends an ominous signal: in order to maximize revenues, politicians see the revenue advantage in forbidding hard-to-tax home cultivation — cultivation that is, let’s face it, a traditional freedom, a right “retained by the people.”

The excuse for this continued prohibition could be “think of the children.” But it’s probably just greed for revenue . . . and the even more hidden enticements of “crony capitalism,” which plagues almost all industry.

You should be able to grow a plant. And self-medicate. These are basic human rights, and the state should work around those.

This is Common Sense. I’m Paul Jacob.

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Pot Pot, legalization, collage, photo-montage, Paul Jacob, Jim Gill