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Accountability folly free trade & free markets general freedom moral hazard nannyism national politics & policies

Thanksgivings, 1623 AD

The Pilgrims we were taught about in school deserve a Paul Harveyesque “Rest of the Story” treatment. Most students were not told about how they tried communism before they wised up, though I actually had a teacher who made a point of it.

Yes, initially, the “community” owned everything, and all worked together for the greater good and the Glory of God.

Of course, it was a disaster.

The commune plan sparked sloth, shirking, family quarrels and resentment — with men regarding their wives’ work for others a “kind of slavery.”

And then near-starvation.

The solution? Privatize! They allotted land, setting “corne every man for his owne perticuler.”*

That worked well, but they still had to endure a late Spring drought, and things looked bleak. Then, after prayers and expressions of humility (as Governor William Bradford explained**), the rain returned:

It came, without either wind, or thunder, or any violence, and by degreese in yt abundance, as that ye earth was thorowly wete and soked therwith. Which did so apparently revive & quicken ye decayed corne & other fruits, as was wonderfull to see, and made ye Indeans astonished to behold; and afterwards the Lord sent them shuch seasonable showers, with enterchange of faire warme weather, as, through his blessing, caused a fruitfull & liberall harvest, to their no small comforte and rejoycing. For which mercie (in time conveniente) they also sett aparte a day of thanksgiveing.

So the most obvious political lesson to be drawn from the Pilgrim experience got lost in stories of rain and corn and Indians and such.

But it’s worth noting that Bradford wrote his discussions of communism — and how very wrong Plato and his ilk were — in his primary text, while his talk of the drought was an afterthought in his mss., and appears as a footnote in the edition I’ve consulted.

Both*** Plymouth stories deserve to be told.

This is Common Sense. I’m Paul Jacob.

 

*I wrote about this a few years ago, offering some of the juiciest quotations, in “Plymouth’s Great Reform.”

** Bradford’s History of Plimoth Plantation, available for free at Gutenberg.org.

***The traditional date for the first Thanksgiving is given a few years earlier, with Squanto showing up and helping them plant and all. However, Bradford’s memoirs do not use the term thanksgiving (or “thanks-giveing”) or even “thanks” in relation to the harvests of 1621 at Plymouth Colony. But there is talk of plenty of food, including that Thanksgiving specialty, the turkey:

And now begane to come in store of foule, as winter aproached, of which this place did abound when they came first (but afterward decreased by degrees). And besids water foule, ther was great store of wild Turkies, of which they tooke many, besids venison, &c. Besids they had aboute a peck a meale a weeke to a person, or now since harvest, Indean corne to yt proportion. Which made many afterwards write so largly of their plenty hear to their freinds in England, which were not fained, but true reports.

 


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Categories
Common Sense free trade & free markets general freedom initiative, referendum, and recall local leaders nannyism national politics & policies political challengers Regulating Protest too much government U.S. Constitution

Don’t Kill Colorado!

America has lots of problems. Colorado isn’t one of them.

Search the Internet and confirm that the Rocky Mountain State is the fourth best state “to make a living”; sixth best for homeowners; third on CNBC’s “Top States for Business”; and even holds a coveted first place in “arts engagement.”

What’s not to like?

I know Colorado, fondly, as the only state with a Taxpayer Bill of Rights (TABOR), a constitutional amendment requiring state legislators who want to hike spending or taxes to first ask citizens for approval. It was passed by voters in 1992, by citizens’ initiative.

Imagine that! Citizens in charge. In real life.

In Colorado.

Unsurprisingly, TABOR has long been No. 1 on Big Government’s hit list; for politicians, lobbyists, university presidents and political insiders, it’s the bane of their existence.

Along with the citizen initiative process, from which it came.

That’s why Colorado’s political establishment spent a million dollars to put Amendment 71 on next Tuesday’s ballot. They aim to kill both TABOR and the citizen initiative.

The amendment allows any partial or total repeal of TABOR — or other current parts of the state constitution — with a simple majority vote of 50-percent-plus-one. But it demands that any new enactment of taxpayer protection (or other reform) leap over a 55 percent supermajority hurdle.

Fair?

It means that a court decision, which “reinterprets” any provision of the Taxpayer Bill of Rights, could only be corrected by citizens with a supermajority vote. And citizens would face an avalanche of big spending from big labor and big business. That’s not a bug, but a feature for the powerful forces behind 71.

Still, Amendment 71’s murderous intent goes deeper. The measure also destroys the ability of regular people and grassroots groups to petition constitutional amendments onto the ballot. Instead of one statewide petition drive, Amendment 71 adds 35 additional onerous petition requirements — in every single senate district in the state.

The next question is obvious: Did the political big-shots behind Amendment 71, who blew a cool million dollars to gather their signatures, manage to meet their own mandate for future initiatives by qualifying in all 35 senate districts? Not even close.

While the lobbyists and politicians behind 71 have spent many additional millions claiming Colorado is the easiest state to amend the constitution, a real expert — Dane Waters, chairman of the Initiative & Referendum Institute — concludes just the opposite. His analysis indicates that Colorado’s process is actually “one of the most difficult in the country.” And should 71 pass, Colorado would have “the most strict distribution requirement anywhere in the world,” he said.

Waters fears that by blocking initiative constitutional amendments “on top of the fact that the legislature [in Colorado] has the authority to overturn any statutory initiative, [Amendment 71] will basically shut down the initiative process in Colorado.”

And that is how voters would be silenced and the investments powerful interests have made in the Centennial State’s legislature would be protected.

So there is no reason to be shocked when a bevy of special interests — most notably oil and gas interests, but also gambling interests and other major lobbies — raise and spend over $20 million dollars carpet-bombing the state’s electorate with TV and radio ads, slick mailings, and robo calls to support Amendment 71. They’re trying to convince voters to restrict their own power and increase the legislature’s leverage, since those special interests feel much more “comfortable” with politicians making all the decisions.

And voters making exactly none.

The politicians and lobbyists behind 71 have pulled out all the stops. Big money dominates the airwaves; all four living former state governors are on board; and their TV spots even feature the beloved Hall of Fame Denver Broncos QB John Elway.

But in the end, the beautiful thing about a ballot initiative is that voters have the final say.

And that’s why grassroots groups from throughout the state and all across the leftright spectrum, from the state’s free-market Independence Institute to progressive Common Cause, from pro-TABOR taxpayer groups to more liberal anti-fracking activists, from Colorado NARAL to Colorado Right to Life — those who care about citizens having a say in government — are standing up to the big money establishment barrage, joining the coalition to Stop71.org.

Weeks ago, to kick off the campaign, Citizens in Charge Foundation provided the Vote No on 71 Committee a 10-foot tall, carved, wooden Trojan Horse. The float has been wheeled across the state on a trailer, dramatizing that Amendment 71 is a Trojan Horse from big money interests, who pretend they’re protecting the constitution when they’re actually seeking to restrict citizen power. Providing this focal point has allowed dozens of Colorado citizens to speak out to fellow voters, garnering tons of media attention in the process.

The Trojan Horse continues to reach voters, but like stone soup, the Vote No on 71 campaign has grown in many diverse ways:

  • The head of Common Cause, Elena Nunez, and the head of the Independence Institute, Jon Caldara, have bridged ideological divide to reach out to editorial boards across the state, resulting in the Denver Post and most other major papers editorializing against 71.
  • The Colorado League of Responsible Voters raised several hundred thousand dollars and is running a TV spot countering the millions spent by proponents.
  • The Greenpeace blimp floats over the state, sending the Vote No on 71 message airborne.
  • The coalition has grown to more than 76 groups, each contacting its membership and urging folks to spread the word against 71.
  • A number of groups are advertising against 71 on Facebook.
  • A volunteer phone bank has been set up making thousands of calls to likely voters.

As this election winds down, we know we’re underdogs against the big-shots and their big money. But we also know we cannot let them kill the initiative without a fight. And we know that if we can reach enough Colorado voters with our message against Amendment 71, we can defeat it.

Help us reach more Colorado voters. The best way you can help is to make a financial gift right now. Today. The hour is very late, some voters have already cast their ballots, more are voting every day up until Nov. 8.

Please don’t let them kill Colorado. Help now:

  • Your $50 giftcovers gas for the Trojan Horse to reach another town
  • Your $100 giftpays to put 1,000 flyers on voters’ doorknobs.
  • Your $500 gift – launches Facebook ads reaching 5,000 voters or more.
  • Your $1,000 giftpays for robo phone calls to 10,000 folks who haven’t voted yet, reminding them to vote NO on Amendment 71.

Please give what you can. And take action now.

Can’t afford to give? How about giving your time?

Join our volunteer phone bank and dedicate a few hours one night this week or over the weekend to call likely Colorado voters between 4 pm and 8 pm Mountain Time. You can sign up here for two or four hour shifts and we’ll walk you through how it works.

You do NOT have to live in Colorado to pick up the phone and educate Rocky Mountain State voters about Amendment 71.
Those pushing Amendment 71 claim they want to protect the state constitution from “too many” amendments. But where’s the problem? They won’t say what amendments they believe don’t belong in the constitution.

No, they aren’t seeking to protect Colorado’s constitution, but rather Colorado’s political establishment.

The good guys, Colorado citizens, have taken aim to shoot down Amendment 71. They’ll save the initiative and good government . . . if you’ll pass the ammunition.

This is Common Sense. Thanks for your serious consideration. I’m Paul Jacob.

 

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Categories
Accountability free trade & free markets property rights tax policy

Taxation to What End?

Oregonians have quite a few ballot measures this year.

And only one of them seems obviously nutty: Measure 97.

It would raise taxes on the very biggest of companies. The richest — that is, those with $25 million in sales.

Among the reasons given for this excise hike, which is estimated to be the biggest in the state’s history, are a whole bunch of “ooh, look at what we can do with all that loot!” enticements. Yes, and then there is the tried-and-untrue staple of the left, the “make large and out-of-state corporations pay their fair share in taxes” ploy.

Admittedly, trying to get out-of-state entities to pay for your benefits is classic. What “Let somebody else pay” lacks in nobility and morality it makes up for in avarice’s perennial appeal.

But the practical problem? A tax hike is just a bid on a future expropriation. Tax targets can, in effect, counter-offer by moving, or threatening to move, out of taxing territory.

Imagine yourself a thief. Then imagine first announcing to your victims where, when and how much you intend to take.

Right now Oregon sports the tenth best business environment in the country and, maybe, the lowest business taxes*. Raise taxes to the “middle of the pack” and businesses begin to look at states with lower rates.

Objectionable? Doesn’t matter. Folks go into business to make profits, not pay taxes.

Against this reality? Measure 97’s many bigwig supporters: the progressive Democratic governor, Democratic legislators and big-spending public employee unions eager to expand their bottom lines.

But by seeking to maximize near-term tax rates, these greedy special interests risk losing revenue further off, after businesses flee the state.

This is Common Sense. I’m Paul Jacob.

 

* The Oregon Center for Public Policy ranks Oregon as tied with Connecticut for the lowest in the nation.


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Categories
folly free trade & free markets moral hazard national politics & policies too much government

Trump’s Road Rage

There is no reason why the states shouldn’t handle their own infrastructure. Not only in funding, but in direction and method of production and “distribution.”

But politicians aiming for the presidency tend not to even consider that heresy. And journalists, of course, tend to rah-rah for the nationalist planning notion, too. It’s easier to cover everything from Washington. I remember much talk of “our crumbling infrastructure” back in the 1980s.

Thankfully, Shikha Dalmia has not jumped onto that bandwagon. The Reason writer notes that Trump is trumping Obama’s fling with “shovel-ready jobs,” demanding that the federal government spend up to a trillion in infrastructure “stimulus.”

Forget for the moment the obvious contradiction: pretending to be an outsider, Trump is pushing as “insiderish” a program as imaginable.

I wonder: is Trump playing the cuckoo here, placing an alien idea into his constituents’ nests? Are his supporters about to be “cucked”? (As alt-rightists like to put it.)

Trump looks abroad for models of beautiful roads and bridges and trains and all the rest. If you travel “from Dubai, Qatar, and China,” he bemoans, our biggest cities give off a certain “Third World” vibe.

Dalmia blanches: “the countries Trump is praising as models for a better America are all autocracies that have made a complete hash of things.”

Boy, we do not need to find another way to make a complete hash of things here in the States. And our federal budgets are strained (and pushing us further into debt) as it is.

Besides, it is not written in stone, concrete, or even asphalt, that these United States’ roads and bridges must be made the federal government’s business.

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

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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Categories
Accountability free trade & free markets general freedom moral hazard nannyism responsibility too much government

States of the Unions

As Americans contemplate the intellectual breakdown of our two major parties, Brits and Europeans are trying to figure out what the state of their union is.

Does Brexit spell disaster for Europe?

Germany’s vice-chancellor is just the latest European bigwig to preach gloom and doom. According to the BBC, “Sigmar Gabriel said the EU would go ‘down the drain’ if other states followed Britain’s lead and that the UK could not keep the ‘nice things’ about Europe while taking no responsibility.”

What that “responsibility” is, I do not know.

But look: it is not as if an international order is all that difficult. In the 19th century, freedom of movement was accepted as the civilized standard — except in Russia.

In the 1800s, Britain and France agreed to bilateral free trade, and then Britain went unilateral with free trade. Prosperity ensued in Britain. Even in Europe proper, the century-long trend of wealth was upward.

And now a number of economists are advising the new British government to follow that old path — “a unilateral free trade deal would allow the UK to import cheaper goods and gain access to new markets, delivering greater prosperity,” The Guardian summarized.

Maybe the EU should go under. For the key to the union was subsidies along with EU-regulated trade. European states could adopt free trade without bullying from Brussels. And forget subsidies as a way of life.

America could do likewise, but not if Hillary or The Donald gets elected.

This is Common Sense. I’m Paul Jacob.


Note:  In most browsers, hovering your mouse over the bolded, silver text will give you “footnotes” of explanation.


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Brexit, Europe, hysteria, trade, economics, illustration