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folly general freedom ideological culture media and media people

Nazi by Association

Do haters of Charles and David Koch, the billionaire philanthropists, know no bounds of decency?

Monday’s New York Times squib, “Father of Koch Brothers Helped Build Nazi Oil Refinery, Book Says,” is a grand case in point. The article is basically pre-release gossip about a book that hasn’t been published yet: Dark Money, by Jane Mayer, a New Yorker writer. The author focuses on the Kochs and other rich folks who, the article says, served as “the hidden and self-interested hands behind the rise and growth of the modern conservative movement.”

As usual with “progressive” minds, she just assumes that all the billionaires and foundations who have supported her causes over the years cannot also (or: better) be described as “self-interested.”

Her main charge, that the Koch brothers’ father had helped build “the third largest oil refinery in the Third Reich, a critical industrial cog in Hitler’s war machine,” is nothing more than guilt by association. As Dave Robertson, President and Chief Operating Officer of Koch Industries, notes in his official response, the plant in question was built before Hitler had proven himself a tyrant. It’s ridiculous to insinuate that the business deal demonstrates that a family of limited government proponents were somehow in favor of the big government tyrant, Adolf Hitler.

Calumny!

But once made, we may return volley.

Partisans often accuse their enemies of their own worst faults. I’m sure Ms. Mayer is not a Nazi, as such, but her economic ideas are a lot closer to the actual policies of the National Socialist Party than are the Kochs’.

Hence her need to smear first.

This is Common Sense. I’m Paul Jacob.


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Accountability folly ideological culture nannyism national politics & policies too much government

Doom in Oil Boom?

Tragedy has hit the environmental movement: The price of oil is going down.

And may go down further.

While environmentalists quiver, science writer Ronald Bailey chortles. “Resource depletionists” — the prophets of “peak oil” — should, he says, hide their heads in shame! They’ve been so very, very wrong in the prophecy biz.

As oil descends towards $20 per barrel, we should ask ourselves: where’s the tragedy? Well, it will postpone the switch to non-fossil fuels. The need is far from obvious, and the incentive is to use energy in its cheapest, most efficient forms.

But if increased CO2 in the atmosphere is destabilizing the planet’s atmosphere and ecosystem, cheaper oil (and thus more burning of it) might lead to the much-ballyhooed tragedy for all.

Still, that’s a big “if” — the more we learn about the climate, the more doubtful the identified CO2 causation and attendant doom.

Besides, global warming catastrophism’s implicit message — the “need” for global political control over everybody and everything to “manage” climate changes — seems awfully convenient for those who just love intrusive government . . . on “principle.”

It echoes the Keynesian technocratic conceit in economics — that experts should manage the economy by fiscal methods (increasing debt) and monetary intervention (central bank interest rate manipulation and bad asset purchase). It’s pretty obvious that they shouldn’t, because they’ve demonstrated they can’t.

As prices for oil defy “peak oil” prophets’ predictions, it becomes obvious: the world works differently than dreamed up by the prophets of doom.

This is Common Sense. I’m Paul Jacob.


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folly general freedom ideological culture nannyism national politics & policies too much government

“Unacceptable,” He Sputtered

The King Canute Memorial Award for Clueless Legislation (Winter 2015-16) goes to Senator Bernie Sanders. He had stiff competition from ocean-lowering President Barack Obama, this season, but surely earned it these past few months.

Canute famously warned his advisors that he was no miracle worker. Standing by the sea and commanding the tide to turn only works on a regular schedule — set by natural forces, knowable in advance only after years of careful observation. All the hand-waving, incantations and official edicts cannot change the tide.

The award goes to those most in need of the Full Canute Object Lesson. Sanders’s latest ninnyism begs for just such a lesson: He wants to establish maximum fees for ATMs, down to $2 per transaction.

As everyone knows, some ATMs charge more than others. Why? It is not costless to provide electronic bank inquiries and withdrawals around the country . . . and the world. And profitability varies.

Supply and demand. Entrepreneurs do not offer these services out of charity. Close off profits in some areas, there will be corresponding effects.

From my experience, transaction fees range from about five bucks down to . . . Zero.

I usually pay nothing.

Outlawing fees above some arbitrary maximum will almost certainly ensure there will be fewer ATMs — particularly in low-use areas — and might even raise those zero-priced transactions to one- or two-buck fees.

Prices aren’t arbitrary, so no matter how loudly Bernie Sanders sputters “Unacceptable,” price ceilings aren’t magically going to produce the same service at less cost.

This is Common Sense. I’m Paul Jacob.


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Accountability ideological culture media and media people national politics & policies

This is Yellow Journalism

Weeks ago, I took Hillary Clinton and Donald Trump to task for behaving like rude, dishonest children — she, fibbing about Trump being used in an ISIS recruitment video; he, using a vulgar term to describe her 2008 defeat by President Obama.

The mainstream media is joining the bad behavior, copacetic with “Clinton avoiding the same kind of treatment as Trump,” Callum Borchers informs in his piece headlined: “Does the media have a double standard on Hillary Clinton’s and Donald Trump’s embellishments?”

Short answer: Yes.

When Mrs. Clinton made her false accusation, ISIS was actually using her husband, former Pres. Bill Clinton, in a recruitment video. Even with this man-bites-dog angle — astoundingly underreported — Borcher predicts that Hillary will “emerge from this media brush fire unsinged” in no small part because there are “enough . . . supportive media outlets.”

Now the Post reports that a new 51-minute “propaganda video released by the Somali-based al-Qaeda affiliate al-Shabab includes a clip of Trump calling on the United States to bar Muslims from entering the country . . .”

The story’s lede smears Mr. Trump with guilt by association:

Last month, The Washington Post reported that white nationalists have begun using Republican presidential candidate Donald Trump as a recruitment tool. Now, the polarizing Republican presidential front-runner has become the recruitment fodder for another group of marginalized extremists.

The Post’s previous article found white supremacists trying to somehow glom on to, but clearly being rebuffed by, Trump. Repeatedly associating the two is gutter journalism. Should we hold our breaths for stories about members of the Revolutionary Communist Party favoring Clinton or Bernie Sanders?

Spare us.

This is Common Sense. I’m Paul Jacob.


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Accountability general freedom government transparency ideological culture initiative, referendum, and recall national politics & policies porkbarrel politics responsibility too much government

Ethics First

The biggest problem facing Americans? According to a Gallup poll, for the second year in a row, it’s our government.

Maybe I should say “the government.” Few think it represents us. Which is sort of a big problem for a representative government.

Presidential candidate Donald Trump says our leaders are “stupid.” Were that the case, it’d be easier to correct. The reality is worse.

We have an ethical problem in government. Those entrusted to represent us represent, instead, themselves. And their cronies. And special interests.

Charged with creating a level playing field where we can all succeed through hard work, our elected officialdom have tilted that field. Oh, they’re doing just swell. The rest of us? Not so well.

Elected officials from Washington to state capitols have hiked up their pay, finagled perks, per diems and other bennies, and rewarded themselves with lavish pensions. Meanwhile, most Americans lack even a 401K to help save for retirement, much less a pension beyond a meager (and politician-imperiled) Social Security safety net.

Transparency? Well, it’s not just Hillary Clinton who has conducted public business privately. Even with her scandal looming in the headlines, Defense Secretary Ash Carter confidently did likewise.

Let’s end pensions for politicians, nudging them to return to our world. And let’s change the rules so they work serving the public, not for private gain.

Can we count on our elected representatives to rectify their ethical lapses? Not on your life. We need to do it ourselves, using ballot initiatives to put ethics first.

This is Common Sense. I’m Paul Jacob.


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crime and punishment folly free trade & free markets ideological culture national politics & policies too much government

Subsidizing Illegal Aliens

In The Mouse That Roared, a 1955 comic novel by Leonard Wibberley, a tiny English-speaking country in Europe loses market share for its only export, a wine label, to a cheap American knock-off. Seeking compensation for the loss, the duchy decides to do the only rational thing: declare war on America, and then, after the inevitable defeat, reap the rewards of reconstruction financing.

I was reminded of the book when reading about another of the Obama Administration’s subsidy programs, uncovered by Sen. Rand Paul. The program gives money to illegal aliens deported to their country of origin, El Salvador, to start small businesses.

Sort of a Small Business Administration program for deportees.

But Congress’s involvement is nil, and the SBA has nothing to do with it, either. The program, according to the Rand Paul press release, “is administered by the non-profit Instituto Salvadorno Del Migrante (INSMI — translated to Institute of Salvadorian Migrants) and funded through a $50,000 grant from the taxpayer-backed Inter-American Foundation.”

It is not big money, certainly not by profligate Washington standards. Nor is the premise of the program likely to win it praise from anyone looking for a solution to illegal immigration. Indeed, the best way to describe the program is how Rand Paul’s team did describe it: “absurd.”

In The Mouse That Roared, the Duchy of Grand Fenwick makes a crucial mistake in its plan to profit from American largesse: it wins the war.

But some things haven’t changed since then. The American government throws around money absurdly.

And little countries make fools of Big America.

This is Common Sense. I’m Paul Jacob.


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ideological culture media and media people national politics & policies term limits

Cool Car and Hot Coffee for President Cool

The President of the United States claims to be very popular with “the zero to eight demographic.” The kids like his name, which they say in an unbroken string of syllables: Barackobama.

Politics is a lot like football.

Teddy Roosevelt was the coolest president . . . until Barackobama.

All this, and more, we learn from the latest episode of Comedians in Cars Getting Coffee, Jerry Seinfeld’s online interview show, in which Jerry drives a comedian to a coffee shop for a video-recorded chat.

In the recent Barack Obama episode, the comedian and the Commander in Chief drive inside the confines of the White House fences in a nice silver blue 1963 Corvette Stingray . . . and then go for a coffee inside the White House. Seinfeld’s excuse for this special episode is that the Prez has gotten off just enough funny lines to qualify.

Some of us wonder whether Mr. Obama could be planning an entertainment career after being ejected from office by the normal workings of presidential term limits. As this and other one-on-one interviews have shown, he gives great repartee.

But back to term limits. Aside from the football comment, Seinfeld’s chat did indeed yield a few substantive ideas. Such as:

JS: How many world leaders are completely out of their minds?

BO: A pretty sizable percentage.

And Obama knows why: “The longer they stay in office, the more likely [going bonkers] is to happen.”

“At a certain point,” Obama explains, “your feet hurt, your have trouble peein’, you have absolute power. . . .”

Good thing we have term limits!

Here’s to a future episode of Former Presidents in Limos Getting Lattes.

This is Common Sense. I’m Paul Jacob.


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Accountability Common Sense First Amendment rights free trade & free markets general freedom ideological culture nannyism national politics & policies responsibility too much government U.S. Constitution

re: Solutions

Today’s the traditional day for New Year’s “Resolutions,” but instead of resolutions, how about some solutions?

Sure, Thomas Sowell has sagely reminded: there are no solutions in social life, only trade-offs.

But, utopian perfection aside, let’s agree that some changes would be better than others, and, let us resolve to solve some nagging problems — or at least trade up. And since the really nagging problems are political . . .

For Republicans: this could be the year to give up on government as society’s chief moral agent, empowered to regulate everybody’s medicine cabinets and bloodstreams. End the failed War on Drugs, with legalizing marijuana the simplest first step. Vice will continue, as it always has. But it’s another kind of vice to think that force, policing and imprisoning folks, will “solve” the problem. Much less even reduce the availability of drugs.

For Democrats: this could be the year to give up on government as micromanager of markets — and people’s marketplace choices. Face it: folks will make decisions that liberals don’t like. They’ll eat at McDonalds and buy large sodas — and the wrong stocks. And guns! But adding to the mass of regulations doesn’t make consumers choose better, it makes stuff more expensive and business less open to competition. Indeed, almost all the regulations designed to help “the little guy” backfire, helping big business by hobbling their upstart competitors.

Our leaders, at present, cannot even balance budgets. They are addicted to debt. To pretend we must have more and more government to prevent our addictions or save us from personal debt is ludicrous.

Can we resolve to stop pretending that bigger government is always the solution?

This is Common Sense. I’m Paul Jacob.


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Accountability general freedom ideological culture individual achievement national politics & policies political challengers responsibility

Virus and Host

Presidential candidate John McAfee is an adventurer. Best known for founding the first successful anti-computer virus company, he has also been shot at in tropical jungles, by men trained by U. S. forces, with American-bought guns. This range of experience makes him the most interesting presidential hopeful, bar none.

His big issue is cyber-security. He thinks Americans have placed themselves in a too-precarious position. As he sees it, the war on terror has served as a grand distraction from the real threat, a prime example of doing foreign policy and national security completely upside-down wrong.

He has a point.

But he’s neither a Democrat nor a Republican, and not long ago he realized that his own Cyber Party didn’t have the oomph to get him on the ballot in enough states.

So he has announced his candidacy for the Libertarian Party nomination.

Why? He’s obviously not a libertarian in any strict capital-L sense. But the septuagenarian insists that he has been a libertarian at heart since before the word entered common use.

This is what the Libertarians get for their most obvious success: obtaining and keeping ballot status in more states for more election cycles than any other “minor party.”

Think of the Libertarian Party as the host, and one-time Republicans like former Congressman Bob Barr and former New Mexico Governor Gary Johnson — and now McAfee — as viruses, aiming to commandeer the host’s operating system.

Of course, one might also view the LP as a virus attempting to do the same to the federal government.

Shall we root for the viruses, for once?

This is Common Sense. I’m Paul Jacob.


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Accountability folly free trade & free markets general freedom ideological culture moral hazard national politics & policies too much government

Collateral Damage Defines Socialist B.S.

Senator Bernie Sanders gave us a big present last week. In one simple “tweet” he warbled out the essence of his socialism: “You have families out there paying 6, 8, 10 percent on student debt but you can refinance your homes at 3 percent. What sense is that?”

That’s what he broadcast. That’s what this self-proclaimed socialist wrote — or allowed his staff to write — on his official Twitter account, @SenSanders.

And it is not as if he had the excuse of haste. He was repeating a thought from his presidential campaign account in September: “It makes no sense that students and their parents pay higher interest rates for college than they pay for car loans or housing mortgages.”

To the earlier post, Twitter erupted in criticism. The gist? Have you never heard of collateral, sir?

Lenders can charge less on secured loans because, in case of default, the recourse is to take the collateral, the car or house, thereby recouping the loss.

But an unsecured loan? Well, by law one cannot easily slough off student loans — but one can simply not pay, or pay late. Hence the higher rates.

From its beginnings, socialism — and progressivism and Fabianism and fascism and social democracy, following — has been fueled by complaints about markets.

Without showing any understanding of the logic of markets.

Which is why, when put into practice, socialistic and interventionist programs produce such great amounts of negative collateral effects. Socialism is the philosophy of good intentions that yields collateral damage worse than the problems meant to be solved.

Oh, Bernie Sanders! Your initials say so much.

This is Common Sense. I’m Paul Jacob.


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