Category: national politics & policies

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Accountability ballot access folly ideological culture nannyism national politics & policies

The Anti-Democratic Party Establishment

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Democrats aren’t very good at democracy.

Consider the party’s presidential contest, as I did yesterday at Townhall.

As an appetizer, I noted the Democratic National Committee policy of hiding their debates from viewers by placing them on weekend evenings pitted against major sporting events.

For meat and potatoes, ponder my warning of the very ugly scenario of Sen. Bernie Sanders capturing as much as 58 percent of the primary and caucus vote and resulting delegates, but still losing to Hillary Clinton.

How could that possibly happen?

Because of folks designated as “superdelegates” — those awarded voting delegate status for holding a party office or being an elected or former elected official.

Democrats brag that they’ve reduced these insiders’ impact. Democratically-unaccountable superdelegates once accounted for 30 percent of Democratic Party convention delegates; now it’s only 15 percent of the total. Still, Clinton leads Sanders 380 to eleven among superdelegates.

At that rate, she could lose the actual state elections and still win the party’s presidential nomination.

The Democrats’ dereliction of democratic duty doesn’t end there, either.

The process by which various powerful party “interests” endorsed either Sanders or Clinton is quite telling. Journalist Zaid Jilani reports in The Intercept that, “Every major union or progressive organization that let its members have a vote endorsed Bernie Sanders.”

“Meanwhile,” Jilani found, “all of Hillary Clinton’s major group endorsements come from organizations where the leaders decide. And several of those endorsements were accompanied by criticisms from members about the lack of a democratic process.”

Seems the insiders have decided Mrs. Clinton will be on the Democratic Party presidential menu, whether Democrats like it or not.

This is Common Sense. I’m Paul Jacob.

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

Why government is (almost) never the solution. . .

big government, solutions, toxic assets, bank bailout, meme, illustration, Jim Gill, Paul Jacob, Common Sense

When you systematically reward failure, incompetence and irresponsibility…what results should you expect?

Bank Bailout

QE – Toxic Asset Government Purchases

Moral Hazard

Click below to get a high resolution version of this image:

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Accountability folly free trade & free markets general freedom ideological culture moral hazard national politics & policies political challengers responsibility tax policy too much government

Berating Bernie?

Bernie Sanders, Glass Steagall, ratings, agency, Common Sense, illustration, Paul Jacob, James Gill

Bernie Sanders has risen in the polls. He may even beat Hillary Clinton in the first caucus and primary contests for the Democratic presidential nomination.

A cause for celebration! Witnessing a huge hunk of Americans accept Mrs. Clinton, the consummate and corrupt insider, is too disheartening.

Bernie Sanders, for all his faults, is at least not an insider like Hillary.

And even when he’s obviously wrong, he’s a breath of fresh atmosphere. Take his recent call for turning the credit ratings institutions into non-profits, or into government-run bureaus. It’s good to hear someone on the left blame something other than the partial repeal of Glass-Steagall as the cause of the Crash of 2008, and (thus?) of the current “Great Recession.” Glass-Steagall was utterly irrelevant to the institutions that were hit hardest in 2008’s collapse; it has, nevertheless, served as leftists’ idée fixe for years now. Embarrassing.

The ratings agencies, on the other hand, did play a part in the crash.

Still, remember: their prominence and importance (and very existence) in financial sectors rests entirely upon one provision of FDR’s New Deal.

More importantly, Bernie’s favored solution — government bureaus — is no solution at all. Europe’s ratings system failed in 2008, too, as Mark A. Calabria has noted, and “it was the international financial regulators, not the rating agencies, who decided that Greek debt was ‘risk-free.’”

Earth to Bernie: government regulatory failure is normal.

Calabria agrees that we need to have a political conversation about the ratings agencies, but insists it be “based on facts,” not ideology.

I’m all for the facts, but ideologies are inevitable. And ideologies promoting Big Government inevitably fail.

This is Common Sense. I’m Paul Jacob.

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crime and punishment general freedom moral hazard national politics & policies The Draft too much government U.S. Constitution

Junk the Law

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Would your favorite presidential candidate force women to register for the military draft?

A federal court case, National Coalition for Men v. Selective Service System, is bouncing around the Ninth Circuit. It challenges the male-only draft registration program as discriminatory against men.

Thirty-five years ago, when yours truly was fighting the draft, the U.S. Supreme Court upheld a male-only program because women were then barred from combat. Now the All-Volunteer Force has opened all military fields to women, including combat roles. It follows that the federal courts will likely strike down male-only registration.

What will Congress do? What will the next commander-in-chief advocate? Allow the program to end — or mandate that both young men and young women register?

Hillary Clinton answered this question in 2008, during her first run for the presidency: yes, register women for the military draft.

What about the other presidential hopefuls?

Back in 1980, then-candidate Ronald Reagan pledged to end it, saying that conscription (and registration for it) “destroys the very values our society is committed to defending.”

Sadly, President Reagan continued draft registration, prosecuting me and others.

“The question is nothing less, than whether the most essential rights of personal liberty shall be surrendered,” the great Daniel Webster railed against conscription, “and despotism embraced in its worst form.”

Men and women have an equal right to freedom — not conscription. Free people will always volunteer to defend their country.

This is Common Sense. I’m Paul Jacob.

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

Bernie’s Bogus “Medicare for All”

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Bernie Sanders promises universal health care, but, up until the other day, just waved his hands in the air, without specifics. Now he has a plan.

Sort of.

Ezra Klein, writing at Vox, says Sanders’s “Medicare for All” is not a plan at all. It’s a “gesture towards a future plan.”

But that doesn’t mean that the thing isn’t “well sold.”

After praising the Obamacare/Affordable Health Care Act for giving “health insurance” to more than 17 million people, the preamble of Sanders’s proposal made its most predictable statement: “Twenty-nine million Americans today still do not have health insurance and millions more are underinsured and cannot afford the high copayments and deductibles charged by private health insurance companies that put profits before people.”

Forget that deductibles are integral to the very idea of insurance. Forget that profits are absolutely necessary for the success of an industry. Forget that profits come from serving people.

Remember, instead, the leftist clichés.

Sanders’s plan, such as it is, is a lie — or, in Klein’s phrasing, “has nothing to do with Medicare.” Sanders aims to get rid of deductibles and copays, on which Medicare depends. It’s what makes Medicare distinct from, say, socialized medicine.

Insurance covers individually unforeseeable but actuarially manageable risks. Socialized medicine gets rid of the idea of “payment for service” on every level — and thus the very idea of insurance — and turns the whole thing over into a tax-and-spend program, i.e., what Sanders really wants.

That won’t be cheap, as Megan McArdle demonstrated some time back during the Vermont “single payer” kerfuffle.

The only option for increasing value while lowering prices? Go the opposite direction from socialism.

This is Common Sense. I’m Paul Jacob.

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Accountability general freedom moral hazard national politics & policies political challengers responsibility tax policy

Bankrupt Leadership

national debt, debt, deficit, debate, Republican, Democrat, Tea Party, CommonSense

Sen. Rand Paul wasn’t the only thing absent from the GOP presidential stage last Thursday.

Also missing? Any meaningful talk about reducing federal spending and avoiding a sovereign debt crisis. The debt looms over all our heads. But you wouldn’t know it to listen to the GOP hopefuls. (And the same nearly goes without saying for the Democratic Party’s debt-denying presidential aspirants.)

Way back when the Bush Administration had lost America’s confidence, deficits and debts were a common concern. Much of the disgust that birthed the Tea Party movement was disgust at Republican over-spending, as well as at the bailouts that spurred the initial protests. And then came Obama, Obamacare, and a 70 percent increase in federal debt.

Why the silence now?

Nick Gillespie, of Reason, figures that Republicans don’t really care about deficits and debts.

Andrew Flowers, of FiveThirtyEightPolitics, wonders whether the GOP has abandoned the issue because Republicans don’t want to face the fact that Obama has, indeed, reduced deficits — though definitely not the debt, which has nearly doubled.

Alternative theory? Republicans have given up hope, because the last two Democratic presidents, Bill Clinton and Barack Obama, have successfully threatened government shutdown over even the itty bittiest spending cut, safe in the knowledge that the mainstream media’s full spin-cycle will be blaming conservatives.

This has made it easier for Big Government Republicans to embrace greater military funding and other spending programs, as Gillespie notes.

But real leadership recognizes the present danger of debt.

This is Common Sense. I’m Paul Jacob.

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general freedom ideological culture national politics & policies too much government

The Great Ideological Divide?

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When I was a kid, both Democrats and Republicans sported “conservative” and “liberal” wings as well as “moderate” leaders and representatives.

Now, conservatives have pretty much corralled themselves into the GOP, and liberals into the Democratic Party.

Why? Birds of a feather?

Ezra Klein offers some interesting observations in “This is what makes Republicans and Democrats so different”:

  • “Democrats are motivated by specific policy deliverables while Republicans are motivated by broader philosophical principles”;
  • “Democrats rely on more interest groups than Republicans” do;
  • “Democrats prefer politicians who compromise, and Republicans prefer politicians who stick to their principles”;
  • “Policymaking has a liberal bias — even when Republicans do it.”

Klein also draws on research by political scientists Matthew Grossmann and David Hopkins, who in their paper, “Policymaking in Red and Blue,” conclude that “the Republican Party is dominated by ideologues who are committed to small-government principles, while Democrats represent a coalition of social groups seeking public policies that favor their particular interests.”

Interest groups demanding that their “particular interests” be addressed with more “deliverables” from government would certainly explain a strong Democratic Party bias in favor of more government. Klein seems to be saying that Democrats are led, as if by an invisible hand, in the socialistic direction.

But why does a Republican Party supposedly “dominated” by those with “small-government principles” also advance policies that grow big government? “New policies usually expand the scope of government responsibility, funding, or regulation,” Grossmann and Hopkins point out.

Perhaps Republican politicians are more influenced by their own position in government than by the views of their base voters.

This is Common Sense. I’m Paul Jacob.

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Accountability folly ideological culture media and media people national politics & policies

Shameless: The Next Generation

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On Tuesday, former (and perhaps soon to be again) First Daughter Chelsea Clinton attacked Vermont Sen. Bernie Sanders, her mother’s chief rival in the presidential primaries.

“Sen. Sanders wants to dismantle Obamacare, dismantle the [Children’s Health Insurance Program], dismantle Medicare, dismantle private insurance,” Chelsea charged, telling an Iowa audience that he “would strip millions and millions and millions of people off their health insurance.”

The Sanders campaign quickly fired back that the young Clinton was “wrong” and disingenuously ignoring the fact that Sanders would bestow government-paid healthcare coverage on every American. For free! (Unless you happen to pay taxes, that is. Then, it’d be very expensive.)

“It wasn’t an honest attack,” declared Democratic strategist David Axelrod on CNN.

But on ABC, Hillary defended her daughter, doubling-down by arguing, “that’s exactly what he’s proposed. To take everything we currently know as health care, Medicare, Medicaid, the CHIP Program, private insurance, now the Affordable Care Act, and roll it together.”

Strange, in 2008, when Hillary was promoting a single-payer system and Barack Obama took issue, Mrs. Clinton decried “tactics right out of Karl Rove’s playbook,” asking, “Since when do Democrats attack one another on universal healthcare?”

“This is wrong and every Democrat should be outraged,” the 2008 Hillary declared. “So shame on you, Barack Obama!”

Now it’s Hillary Clinton who knows no shame.

“More striking perhaps,” lamented Mark Halperin, a senior political analyst for MSNBC and Bloomberg News, “was a lack of interest that most of the news world had to [Chelsea’s] remarks.”

Maybe when Clintons “dismantle” the truth, it just isn’t news anymore.

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?

Oil, cheap, energy, climate change, global warming, prices, illustration, Common Sense

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

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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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