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Accountability general freedom moral hazard responsibility

Kim Jong Un-civilized

The Democratic People’s Republic of North Korea isn’t.

That is, it isn’t democratic and it is not “the people’s” in any republican sense.

But it does exist . . . as the world’s most totalitarian dictatorship. A tyranny that would make the Pharaohs, Caesars, and Grand Poobahs of the ancient world wince in distaste.

Once dubbed The Land of the Morning Calm, North Korea is today the darkest place on Earth. Agitated, terrified — not calm.

In Pyongyang, the Seventh Worker’s Party Congress is going on, and Kim Jong Un, the nation’s tyrant, has laid out a blustery, challenging barrage of threats to the outside world, particularly South Korea and the United States, with 30,000 soldiers stationed on the peninsula.

Kim Jong Un has a new “five-year plan,” and his foreign policy, though backed by nukes, doesn’t seem so much Stalinesque as Husseinish.

He threatens offensive action, raining down destruction against his enemies.

But he also says he’d only use nukes in defense. Plus, his capabilities are much doubted.

No wonder many analysts dismiss his talk as a cover to keep his people in line. And to worship him. The subject North Koreans are weak in the face of such monstrous tyranny, and the more Un “challenges” the world, the bigger and more impregnable he seems.

And yet, when one individual rides herd so cruelly on so many, there’s a certain . . . frangibility about the whole system.

I hope.

Like the late Saddam Hussein, Un’s braggadocio is a sign of weakness, likely designed to discourage more powerful nations — China, South Korea, and our country — from intervention.

And we shouldn’t intervene.

But neither should we make any more stupid deals to provide him oil.

This is Common Sense. I’m Paul Jacob.


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free trade & free markets general freedom ideological culture nannyism national politics & policies responsibility

Too Much of a Good Thing

Once upon a time, over-indulgence was considered a sin, a vice.

Not so much, nowadays.

Somewhere along the line, the idea that a little of a good thing was good, that general abundance is good, but that there can be too much of a good thing for any particular person . . . this latter common sense idea got lost.

I was reminded of this while reading the latest from the nation’s most famous investor: “Warren Buffett set himself on a potential collision course with public health campaigners when he said it was ‘quite spurious’ to lay the blame for obesity and diabetes at the door of fizzy drinks companies, such as his part-owned Coca-Cola.”

The octogenarian multi-billionaire Buffet, described as a “renowned Cherry Coke drinker,” defended not only his habit but the company that produced it. He emphasized choice, consumer choice. And he said, “I make a choice to get 700 calories from Coke, I like fudge a lot, too, and peanut brittle and I am a very happy guy.”

It came up because a university study had “linked fizzy drinks to 184,000 deaths annually worldwide.”

Well, name your poison. Some folks over-indulge in alcohol; others, food; others, fizzy drinks. But Buffet limits his Cherry Coke intake, as common sense would indicate.

Gluttony used to be a vice. It was preached against. The morality of common sense held sway in our culture.

At some point hedonism in the unrestrained sense took hold of many consumers, who can pay a heavy price — if not at the grocery, at the doctor’s office.

No new laws or regulations are needed. Let everyone, billionaire or not, add up their costs and choose.

This is Common Sense. I’m Paul Jacob.


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Accountability ideological culture national politics & policies political challengers responsibility

The Most Hated

I’ve been robbed!!!

By Ted Cruz, no less.

Yes, without so much as a passing “Howdy-do,” the Texas senator stole my cherished public mantel, simply waltzed in and snatched what was once my own special place in our nation’s capital.

You’ve heard it on the news, I’m sure. In a speech at Stanford University, former Republican Speaker of the House John Boehner lit into Sen. Ted Cruz, referring to him as “Lucifer in the flesh.” And a “miserable S.O.B.” to boot.

Boehner vowed never to vote for Cruz, adding: “Over my dead body will he be president.”

Back in January, former Kansas Sen. Bob Dole, a 34-year Washington fixture, attacked Cruz, arguing his nomination would lead to “cataclysmic losses,” and that, in Washington, “Nobody likes him.”

Can’t. Ignore. Ugly. Truth. Must. Face. Facts. Unmistakably: Sen. Ted Cruz is today . . . the MOST HATED MAN IN WASHINGTON.

Once upon a time, back in the day, I was hated. A LOT. The most, arguably.

In 1995, I was running U.S. Term Limits, battling Republican congressional leaders (an oxymoron), who were playing games to block term limits. At a news conference, then-House Speaker Newt Gingrich, never a friend of term limits, went on a tirade. One of his more colorful slings was calling us “cannibals.”

Which turned out to be a great name for our softball team.

After the Speaker’s temper tantrum, the late, great Bob Novak told me I was “the most hated man in Washington.”

Now? Well . . . campaigning in Indiana, Sen. Cruz responded to Boehner’s attacks succinctly: “What made John Boehner mad is that I led a movement to hold Washington accountable.”

Yeah, sounds familiar.

This is Common Sense. I’m Paul Jacob.


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Accountability moral hazard national politics & policies political challengers responsibility

Obscene Amounts

Actor George Clooney, star of the current Coen brothers picture, Hail Caesar!, is a major fundraiser for Hillary Clinton. When asked on NBC’s Meet the Press if the $353,000 per couple dinner he organized last Friday constituted an “obscene amount of money,” he answered, simply, “yes.”

Clooney went on to explain, “It’s ridiculous that we should have this amount of money in politics.”

He’s an advocate for campaign finance reform. He is, specifically, “against” Citizens United, though he doesn’t know that it isn’t a law but a Supreme Court case that overturned previously passed legislation that regulated what people and corporations could do to support or oppose (or mention) candidates in elections. The government, authorized by the campaign finance legislation, had suppressed a movie.

Interestingly, that movie was a polemical documentary against . . . Hillary Clinton.

Campaign finance regulation has been shown to help incumbents. Not unexpectedly, since the regulations are written by sitting legislators against their competitors.

But “getting money out of politics” would advantage other groups, too. For example, one consequence of limiting political donations would be to nudge challengers to (a) be rich and mostly self-funding (like Trump is said to be), and (b) be more demagogic, leveraging the “free” publicity from major media.

More demagogues aren’t needed.

But then, the whole issue is demagogic, appealing to the knee-jerk reaction of everyday people who are, indeed, often nonplused by how others spend their money.

As for Clooney, he’d like not to have to spend money for his candidate.

We’d all like the important things in life to just happen. But it turns out we have to work for what we want.

This is Common Sense. I’m Paul Jacob.


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Accountability general freedom government transparency moral hazard national politics & policies political challengers responsibility

Big-Dollar Impact

Last Saturday, The Washington Post’s top-of-the-front-page headline blared, “50 donors with outside impact.”

If that doesn’t curdle your blood, readers were further warned of a new “Gilded Age.” Yes, in concentrated fundraising the Post heard “echoes of the end of the 19th century, when wealthy interests spent millions to help put former Ohio governor William McKinley in the White House.”

McKinley. The horror. The echoes.

Hopefully, self-immolations can be kept to a bare minimum as Americans discover the report’s main (only) thrust: 41 percent of $607 million contributed to 2,300 super PACs this election cycle has come from just 50 donors . . . at least, if you also aggregate gifts from the relatives of these 50 folks and their business interests as well.

Isn’t that terrifying? Destructive of democracy? Are our elections simply being bought by the billionaires?

No. No. And no.

Any common sense analysis of this year’s presidential contests, both Republican and Democrat, must acknowledge that big money did not trump. Pun intended. Sen. Bernie Sanders is now outraising Hillary Clinton with millions of small donations — not “millionaires and billionaires.” Jeb Bush’s massive financial warchest made no discernible difference.  Even the Post concedes “the mixed impact that big-money groups have had on the presidential contest so far.”

Mixed? Name a single state where “big spending” determined the outcome.

Ideas matter. And securing the resources to advance and advertise ideas obviously matters, too. Same goes for candidates — and their ideas.

More money, more campaign spending, means more ideas and candidacies can reach the political marketplace. That’s where voters, not big donors, do the deciding.

This is Common Sense. I’m Paul Jacob.


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campaign finance reform, contributions, Hillary Clinton, Bernie Sanders, corruption

 


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folly free trade & free markets moral hazard nannyism national politics & policies responsibility

Auto Destruct

Just when you thought it safe to go back into the loan market. . . .

Yes, you guessed it: a bubble may be about to pop.

There are actually several, but here’s one you might not expect: the automobile loan market.

Though less regulated and tampered with than the housing market, auto loans aren’t immune to “moral hazard” and other government-induced dangers. The Fed’s low interest rates are almost certainly stimulating the new car market. “Subprime” car loans are way up and so are delinquencies. Do the bankers making these decreasingly solvent loans expect a bailout?

As Eric Peters notes at his immensely fascinating automobile website, the average car loan is now $32,000, “a record high.” And then there’s the “ever-increasing duration of new cars loans. They are now on average six years long — and seven year loans are becoming pretty common.”

Why? “In order to spread out payments (now averaging almost $500 a month) that have become simply too much to manage for most people.”

But then of course car prices are rising. And not just because of simple inflation. It’s the result of government regulations, mandates, and . . . general craziness. Many buyers now finance used car purchases, too, as Mr. Peters explains. That used to be fairly uncommon. The used-car market has been unduly affected by government insanity as well. Remember Cash for Clunkers? Politicians boasted about their managed destruction of millions of used autos.

What they really achieved was a tighter-than-ever supply of usable older cars.

Cruising toward the auto-destruct of the auto-loan markets.

This is Common Sense. I’m Paul Jacob.


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Accountability initiative, referendum, and recall insider corruption responsibility

Four Powers on the Chopping Block

A group of Ohio citizens isn’t leaving the maintenance of ethical standards in government to the politicians. Smart. Forming a political committee, “Ethics First — You Decide Ohio,” the group filed an initiative to amend the state constitution unsurprisingly called, “Ethics First.”

What does the ballot measure do?

“Ethics proposal would cut state lawmaker’s pay and power,” said the segment on Cleveland’s NBC affiliate, WKYC-TV 3.

The initiative limits base pay for the state’s part-time legislators to the median household income of full-time Ohioans. Because Ohio is one of only six states in which legislators pay themselves more than median household income, the measure, if in effect today, would mandate cutting legislators’ base pay from $60,584 annually to $49,644.

“The purpose is not to cut their pay,” explained spokesman Jack Boyle. “The purpose is to make their pay related to what happens to all of us in Ohio. If we’re doing well, their pay will go up. If not, it will go down.”

What legislative “power” will be cut?

The amendment takes away four powers:

  1. The power of legislators to exempt themselves from laws and taxes other Ohioans must follow and pay,
  2. The currently unlimited power of legislators to raise their own pay,
  3. The power to be a paid lobbyist before the legislature within two years of leaving office as a state legislator, and
  4. The power of legislators to destroy legislative records, including electronic records, within four years.

All the other powers of the legislature remain completely intact.

How would you vote: Yes or No?

This is Common Sense. I’m Paul Jacob.


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Accountability crime and punishment education and schooling insider corruption local leaders responsibility

Schooled in Corruption

Michigan’s governor just signed a $49 million emergency funding bill, designed by legislators to keep Detroit’s public schools open.

Open for what?

Will any of that dough actually make it to the classroom, where children might possibly be educated?

Or, as I inquired at Townhall yesterday, is it merely another opening for . . . graft?

Less than a week after the rescue bill, U. S. Attorney Barbara McQuade brought criminal charges against more than a dozen DPS principals and administrators, as well as a vendor of school supplies. Their kickback scheme was simple: school officials received big, fat bribes from the vendor for school supplies that, as the Detroit Free Press put it, “were rarely ever delivered.”

The scam involved at least twelve separate Detroit schools over as long as 13 years. During that time, more than $900,000 was paid in bribes to DPS officials.

The newspaper highlighted how “shocked” teachers were that their principals had been indicted. “It’s pitiful that they’re going after principals who are probably just doing what they need to do even if it might be a little bit unethical in order to provide the students in their schools with the supplies and materials that they need that district and the state should be providing us,” was the excuse one teacher offered.

“A little bit unethical”?

Frankly, the fraud didn’t deliver, but deny “supplies and materials” to students — supplies taxpayers had sacrificed to provide.

This same teacher added that her indicted principal is “always putting students’ interests first. It’s not just rhetoric with her. It’s actual practice.”

Except for the graft.

This is Common Sense. I’m Paul Jacob.


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crime and punishment folly ideological culture responsibility too much government

Pincher, Pinchee

Limited government sports several rationales. The need for it pertains on many levels. One such level we don’t think about enough? This: Not every rights violation warrants calling in the law.

Take the strange case of Breana Evans, 12-year-old assailant, charged with misdemeanor battery.

What did she do?

She pinched the gluteal posterior of a boy she did not know.

Now, pinching the butt-end of strangers is a breach not only of decorum (to the extent that this standard we call “decorum” even exists any more), but of a pinchee’s rights.

Yet it was a mere pinch.

And the boy did not press charges.

The school’s “resource deputy” did not arrest her; she was merely suspended from school.

It would have remained a minor matter (so to speak) had not the boy’s mother “insisted to police that he was the victim of battery, and so they had no choice but to arrest Breana,” as Robby Soave explained over at Reason. “She was Mirandized and put in a patrol car. They took her mugshot and booked her into juvenile detention.”

The escalation of the dispute over carnal rites and personal rights into a matter fit for the police is, it seems to me, a grave result of a sort of cultural hysteria about all sorts of things. The willingness of some adults to push children through our harsh, bureaucratic, and often ruthless criminal justice system is sad to behold.

It is more indecent than a pinch.

This is Common Sense. I’m Paul Jacob.


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Accountability folly government transparency incumbents local leaders responsibility term limits

Incumbent Upon Heaven

Many who pledged to limit their terms in Congress have gotten elected and, then . . . actually kept their word. Yet, with the temptations of power, combined with the acute narcissism of politicians, not a few have flung their honor aside to break their promise.

Four years ago, Oklahoma Congressman Markwayne Mullin was a challenger, “who pledged repeatedly . . . not to serve more than six years in the House.” Okie voters limited their congressional reps to three terms (six years) via a ballot initiative back in 1994. Of course, the U.S. Supreme Court struck down that and 22 other state-imposed congressional term limits laws just a year later.

NewsOK.com reporter Chris Casteel asked Rep. Mullin if this coming term would, as Mullin vowed, be his last.

A simple yes or no question, eh?

Well, the incumbent’s response was less than unequivocal, “leaving open the possibility that he may run for a fourth term,” Casteel reported.

“Our position on this has not changed,” read Mullin’s official statement. “However, Christie and I will continue to seek the Lord’s guidance and do what is best for our family and the 2nd District of Oklahoma. The only election I am focused on right now is in 2016.”

Hmmm. Do you recall the Lord ever guiding anyone to break his word to the people?

What a dodge!

Mullin is like a burglar announcing, “I’m not sure if I’m going to rob your home when I get out of jail. That’s too far off in the future. But I’m seeking spiritual advice about it.”

Come to think of it, incumbent politicians and burglars have quite a lot in common.

But not Common Sense. I’m Paul Jacob.


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Markwayne Mullin, term limits, lies, Oklahoma, politicians, lie

 


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