Category: national politics & policies

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national politics & policies subsidy tax policy

Kamala Hood

Kamala Harris, crony corporations, green, taxes, spending, welfare

American politics is largely devoted to the grand task of taking from some and giving to others, a sort of Robin Hood mania that has nothing to do with giving back to taxpayers what was taken from taxpayers (as in the legend) — or doing much of anything for the poor — but, instead, to ostentatiously give to some and quietly take from as many people as possible.

Nevertheless, that giving is not always ostentatious. Sometimes it is surreptitious. 

Or at least not ballyhooed.

Kamala Harris has taken up an old Democratic Party stalking point: soak the rich! Though she tries not to mention just how much money she and her fellow Biden Administration insiders have been giving to a few big corporations.

“Despite Harris’ rhetoric of fighting for the middle class,” writes Jack Salmon at Reason, “her policies have disproportionately benefited the wealthy and large corporations while leaving middle- and lower-​income Americans behind. Far from soaking the rich, Harris’ legacy has been one of feeding them.”

Corporate subsidies have “exploded,” explains Mr. Salmon, going from a ten-​year budget allocation of $1.2 trillion in 2021 to now surpassing $2 trillion.

Nearly doubled!

“The beneficiaries of this largesse are extremely concentrated,” Salmon notes, most of it going to “just 15 large corporations, seven of which are foreign.” Of course, a lot of this is under cover of “saving the planet” and fighting “climate change”: “Wind turbine manufacturers like General Electric, Vestas, and Siemens/​Gamesa — who collectively produce 79 percent of all turbines — are among the biggest winners.”

Robbing from the few and giving to the many makes neither for good mathematics or a winning political strategy. Robbing from the many and giving to the few is what usually works. But if your appeal is to “the left,” you have to pretend to grab most from the super-​rich few.

Your pals.

This is Common Sense. I’m Paul Jacob.

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ideological culture national politics & policies

The Value of Principles

The late Bernie Baltic used to ask politicians, who invariably wanted him to write them a check, “What are your principles?”

They would then recite their key issues or the issues they thought were key to getting Bernie to write that check. He would stop them, saying, “Not your issues — issue positions can change — your principles.”

Values are like sorta like principles. In politician speak.

“My values haven’t changed,” Vice-​President Kamala Harris assured us, after being quizzed about her flip-​flopping on issues including fracking (hello Pennsylvania’s 19 electoral votes), defunding the police and building a border wall.

CNN host Erin Burnett recently took the Democratic nominee to task, citing an investigation that counted more than 50 instances of Harris “slamming Trump’s border wall,” even while her “campaign ads actually showcase that wall.”

Hard to believe but true: Kamala’s TV spot touts Trump’s wall — his “big distraction,” as she dubbed it — as a symbol of her tough border stance. 

You can’t make this stuff up.

In her 2019 book, The Truths We Hold, Kamala Harris identified “a bigger reason to oppose a border wall,” decrying such a structure as “a monument standing in opposition to not just everything I value but to the fundamental values upon which this country was built.”

Therefore … it would seem obvious that her values have indeed changed. Or perhaps the problem is that she doesn’t have any values that cannot be trumped (go ahead, pun intended) by the all-​powerful need to secure her personal political advance.

That’s her paramount principle. 

This is Common Sense. I’m Paul Jacob. 

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national politics & policies tax policy

Kill the Stock Market!

Kamala Harris, Tim Walz, Marxism, socialism, equity, stock, capital gains tax

Taxing capital gains is a form of income taxation that Democrats love. 

And it’s not just a matter of increasing revenue. Remember that President Obama thought that increasing the capital gains rate was a good idea even if it decreased government revenue. Democrats are playing to a soak-​the-​rich sentiment among their base, even when the most important supporters are billionaires.

Take Mark Cuban. He’s a billionaire. And he supports Kamala Harris for president. 

Weeks ago, the Democrat standard-​bearer came out with a wild proposal to tax unrealized capital gains. And Cuban, for all his faults, is not an idiot; he knows just how incredibly corrosive that tax on capital would be.

“It would kill the stock market,” he points out. 

In a chat with Fox Business, Cuban explained how he told Democratic insiders that taxing unrealized capital gains (as when stocks you hold gain value, but you haven’t sold them so you have no income from them), would become “the ultimate employment plan for private equity, because companies are not going to go public because you can get whipsawed, right?” 

By this he means that a stock owner might have to borrow money to cover taxes, only to have the stocks go down later and enjoy neither rebate from the government nor any income from the investment to cover the debt.

Cuban insists that Democratic insiders are pragmatic and will not push this tax.

Yet, with both members (comrades?) of the presidential ticket spouting Marxist talking points, how do we know that they are stable (corrupt?) enough to save public capitalism from their malign agenda?

How can we be sure they’re just lying?

This is Common Sense. I’m Paul Jacob.

Note: Since unrealized capital gains aren’t income, I don’t know how taxing them could be constitutional. Perhaps someone can explain this to me.

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First Amendment rights national politics & policies

Say No to Reich-​Harris Reich

Kamala Harris, Robert Reich, censorship, X, Twitter, mind control, free speech

Freedom of speech is constantly embattled.

Just one example: government-​instigated stomping on social-​media speech in recent years, proof of which has been revealed thanks to litigation, freedom of information requests, and the purchase of Twitter by a friend of free speech.

But the embarrassing revelations have not caused our censors to retreat.

They’re not trying to censor people, they suggest, just trying to stop lies, hate, misinformation. And now Robert Reich, former Secretary of Labor, wants to arrest Elon Musk for resisting censorship as Twitter’s new owner.

Reich says: “Regulators around the world should threaten Musk with arrest if he doesn’t stop disseminating lies and hate on X.”

Reich has also said that we must regulate speech to “direct people’s attention … to a healthy public conversation that is most participatory.” As Jonathan Turley observes, “the ‘healthy public conversation’ with Robert Reich increasingly appears to be his talking and the rest of us listening.”

Would “regulators around the world” include U.S. regulators? Since the First Amendment has yet to be rescinded, perhaps Reich would prefer other countries to handle imprisoning Elon Musk for letting people speak “too” freely. But I’m guessing Reich would be fine with a U.S. arrest.

Reich would fit right in with a Harris administration, if we get one, led by a woman who calls the First Amendment a “privilege” and has lamented that social media sites are “directly speaking to millions and millions of people without any level of oversight and regulation.” Which, she declares, “has to stop.”

Something has to stop.

This is Common Sense. I’m Paul Jacob.

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national politics & policies regulation subsidy too much government

Stay Puft America

FDA, regulations, food, rules, diet, fads

“It was perhaps just a matter of time before issues of health — not policies over health-​care provision but actual human health — would enter into our politics,” surmises Jeffrey A. Tucker in The Epoch Times. “We look at pictures of people in cities or at the beach in the 1970s and compare them with today and the results are shocking. We have changed as people and for the worse.”

Jeff Tucker is trying to explain the background for a big policy-​interest shift, as a result of the Robert F. Kennedy, Jr., endorsement of Donald J. Trump. Kennedy’s big issue is health, and Trump’s gone along with it, willing to make it a part of his agenda.

In “How Did Health Become a Political Issue?” Tucker focuses first on the COVID debacle, moving on to the real culprit: government.

Or, technically, government and industry, combined into one huge Stay Puft Marshmallow of Destruction. For behind our changing eating patterns and food habits are government tariffs, subsidies, researchstrategies, diet crazes, and much, much more. 

Perhaps even bigger than Big Pharma is Big Agribiz, a conglomerate of companies pushing lab-​created additives and worse on a trusting public, or, as Tucker puts it, “many decades of heavy government subsidies for the worst food, and so much in the way of corn, soy, and wheat are produced that we’ve invented new ways to use it.”

But it’s not really “we’ve.” The Standard American Diet (SAD) wouldn’t have existed were it not for the USDA and the FDA and a whole alphabet soup of bureaus captured by the industries they were assigned to regulate, working together in a Big Biz/​Gov partnership to create a Big Problem in the general population.

Somehow, though, when asked about the government causes of SAD, RFKj said he wouldn’t abolish anything. He merely wants “better regulations.”

Someone needs a fast …from Big Government.

That someone? Kennedy. 

And America.

This is Common Sense. I’m Paul Jacob.

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general freedom ideological culture national politics & policies

Sobering Up After DEI

DEI, diversity, equity, inclusion, regulations

Some universities and companies have been retreating from their obnoxious DEI policies. We can now add Jack Daniel’s to the list.

One of the lamentable ideological fads of recent years, DEI (“Diversity, Equity, and Inclusion”) programs are a vicious form of race-​based and sex-​based affirmative action.

All such policies subordinate merit to irrelevant but politically preferred physical characteristics.

So far as I know, old-​style affirmative action at least was not normally accompanied by mandatory indoctrination and mandatory testimony by applicants about how they would cherish and uphold the ideology of compensatory racial and sexual discrimination. But such indoctrination and litmus tests are standard features of many contemporary DEI regimes.

Which are now minus one, thankfully, as Jack Daniel’s announces that it will be ending DEI initiatives, such as a social credit system and “quantitative workforce and supplier diversity ambitions.”

The Dallas Express says that the whiskey distiller is decoupling from DEI because it is “facing backlash.” Specifically, thanks to the impending attention of Robby Starbuck, “an activist known for successfully putting a spotlight on companies like Harley-​Davidson and John Deere” for their DEI policies.

Starbuck said on Twitter that he had been “set to expose” Jack Daniel’s, which perhaps was tipped off by his visiting of employee LinkedIn pages. “We are winning and one by one we will bring sanity back to corporate America.”

He adds that if you want your own workplace’s DEI policies exposed, you can email “tips and evidence” to him at EliminateDEI@​protonmail.​com.

This is Common Sense. I’m Paul Jacob.

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