Categories
folly property rights too much government

Rare Earth Reserve

There are many places on this planet I would hardly dare visit, much less seek to live near.

One of those places is remote Baotou, in Inner Mongolia, a boom region where much of our planet’s rare earth industry is located.

It becomes obvious as you read Tim Maughan’s BBC report on the region, “The dystopian lake filled by the world’s tech lust,” that the reason China now “monopolizes” this industry is that un-democratic, illiberal China does not have a Not-In-My-Back-Yard “problem.”

NIMBY is for freer societies.

The devastation to the landscape, Maughan writes, is astounding in scope and horror. “Dozens of pipes line the shore, churning out a torrent of thick, black, chemical waste from the refineries that surround the lake,” he explains. “The smell of sulfur and the roar of the pipes invades my senses. It feels like hell on Earth.”

But NIMBYnomics aside, Maughan’s parting shot is interesting. “[O]nce we made watches with minerals mined from the Earth and treated them like precious heirlooms; now we use even rarer minerals and we’ll want to update them yearly. Technology companies continually urge us to upgrade; to buy the newest tablet or phone. But I cannot forget that it all begins in a place like Bautou, and a terrible toxic lake that stretches to the horizon.”

I hazard that Apple and its competitors will discover ways around rare earth reliance, in the future — if consumers raise a stink.

It is amazing how responsive free markets can be.

And as for outrageous pollution? Socialist command economies were notorious for their horrifying pollution standards back in the day. Corporatist, one-party (fascist) China carries on that tradition.

The cure for pollution is obvious.

This is Common Sense. I’m Paul Jacob.


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NIMBY

 

Categories
Thought

Frédéric Bastiat

Nature has provided, by means as simple as they are infallible, that there should be dispersion, diffusion, coordination, simultaneous progress, all constituting a state of things that your restrictive laws paralyze as much as they can; for the tendency of such laws is, by isolating communities, to render the diversity of condition much more marked, to prevent equalization, hinder integration, neutralize countervailing circumstances, and segregate nations, whether in their superiority or in their inferiority of condition.

Frédéric Bastiat, from Economic Sophisms, “To Equalize the Conditions of Production” — the “such laws” mentioned are protectionist measures, and protectionism was the chief target of Bastiat’s famous book.
Categories
general freedom government transparency tax policy

Latest Learned About Lois Lerner

Is it time to spell out the IRS as the Internal Revenue Scandal?

The IRS has so many scandals under its belt.

But the biggest, from a broad, threat-to-the-republic point of view, surely remains the agency’s targeting of Tea Party and conservative organizations seeking 501c(3) and 501c(4) nonprofit status. Agents ideologically tagged their applications for special obstruction in the run-up to the 2012 presidential campaign. And after.

I don’t bother Googling to get my IRS-scandal updates, I just visit the indefatigable Paul Caron’s TaxProf Blog. Day in, day out, for the past 700+ days and counting, TaxProf has aggregated all the latest reportage and analysis about this abuse of power.

Lois Lerner — former head of the IRS’s stomp-conservative-nonprofit-applicants division — has both declared herself innocent of any wrongdoing and asserted her Fifth Amendment right not to incriminate herself.

But evidence is piling up of her actual attitudes and what-she-knew-when.

TaxProf points to an email by Lerner from way back in February of 2012 in which she advocates training for IRS staffers in the fine art of “understand[ing] the potential pitfalls” of providing too much information to Congress. A 2013 email by Lerner states that she can understand “why the IRS criteria” leading to the targeting of Tea Party and other groups “might raise some questions.”

The documents are out in the wild now, thanks to Judicial Watch’s Freedom of Information Act requests. JW has been relentless in trying to hold the IRS accountable.

Which has to be one of the very toughest jobs on earth.

This is Common Sense. I’m Paul Jacob.


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Lois Lerner

 

Categories
Thought

Frédéric Bastiat

[I]f two countries are placed under unequal conditions of production, it is that one of the two that is least favored by nature that has most to gain by free trade.

Frédéric Bastiat, from Economic Sophisms, “To Equalize the Conditions of Production.”
Categories
national politics & policies political challengers

My Mom for President

My musing, yesterday, about Hillary Clinton’s hat throw into the presidential ring failed to recognize that yesterday was also my mother’s 81st birthday.

Jane Jacob is not yet an announced presidential candidate, but when I think of a hard-working, organized, smart and always-optimistic woman — someone who keeps promises and looks out for the other person; someone with commitment to principle — I think of her.

Not Hillary Clinton.

Maybe Mrs. Clinton would have put in the hours playing catch with me as a tyke. But can Hillary even catch? My mom can. And throw too. (Not like a — well, incorrectly, either gender.)

My mom has a soft heart. I remember coming home from school and seeing her crying from watching a soap opera.

Nonetheless, she can dish out tough love. During a family clean-up effort (like a Bataan death march, but in English) she asked if one of us six kids could do something or other. I stepped forward to say, “I’ll try.”

Mom looked at me plainly and explained, “I need someone to do it, not just try.”

She is still full of fun and passion. Her deep love and concern for America’s freedom has certainly had an enormous impact on my life.

Too bad my mom’s not running.

Hillary Clinton has demonstrated none of the presidential timber my mom has, and yet Clinton is very likely to enjoy a large electoral advantage among women voters. So, here’s my idea: the Democratic Party’s competition should each nominate a woman for the top of the ticket. There are plenty of women qualified to serve as president. Not just my mom.

May the best woman win.

Have I started a stampede to office supply stores to buy binders?

This is Common Sense. I’m Paul Jacob.


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My mom for president

Categories
Thought

Frédéric Bastiat

“The state can put its taxes to either a good or a bad use. It puts them to a good use when it performs services for the public equivalent to the value it receives from the public. It puts them to a bad use when it squanders its revenues without giving the public anything in return.”


Frédéric Bastiat, from Economic Sophisms (included in the Laissez Faire Books ebook edition, What Is Seen and What Is Not Seen, 2014)

Categories
media and media people national politics & policies political challengers

Humble Hillary Heads Off

Hillary Clinton announced, yesterday, that she wants to be the next president of these United States. She made it official via an Internet video, which starts off with all kinds of normal, regular folks expressing their hopes and plans for 2015.

The small boy singing about “little tiny fishes” steals the show.

After a minute and a half of innocence-by-association, Hillary Clinton comes on to say that she, too, has big plans: “I’m running for president.”

Mrs. Clinton continues: “Americans have fought their way back from tough economic times, but the deck is still stacked in favor of those at the top.”

She should know, what with her family’s struggles after leaving the White House in 2000 — multiple mortgages on multiple multi-million-dollar domiciles. I’m sure we all relate to that.

“Everyday Americans need a champion and I want to be that champion,” she states, “so you can do more than just get by, you can get ahead and stay ahead.”

Apparently, without Hillary at the helm of our Leviathan federal government, all we can do is “just get by.” Barely. Never “get ahead” and “stay ahead.”

“Because when families are strong,” intones Clinton, “America is strong.”

Yes, the woman who wrote It Takes a Village now extols family strength.

“So I’m hitting the road to earn your vote,” she pledges. “Because it’s your time.”

Or so says this Everywoman, a former first lady, U. S. Senator, presidential candidate, Secretary of State, and savvy cattle futures trader.

Hillary Clinton has had a long career in government. It will be interesting to see what she runs on — what she identifies as accomplishments — as opposed to what she runs away from.

Or deletes.

This is Common Sense. I’m Paul Jacob.


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Hillary Clinton Campaign

 

 

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Today

Thomas Jefferson

On April 13, 1743, Thomas Jefferson was born. Author of “Notes on the State of Virginia” and the first draft of the United States’ Declaration of Independence, Jefferson was also a scientist, philosopher, inventor, diplomat, and American politician who served as third President of the United States.

Categories
Thought

Frédéric Bastiat

To maintain that human labor will ever come to want employment, would be to maintain that the human race will cease to encounter obstacles. In that case labor would not only be impossible; it would be superfluous.


Frédéric Bastiat, first essay, Economic Sophisms (included in the Laissez Faire Books ebook edition, What Is Seen and What Is Not Seen, 2014)

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links

Townhall: Totally Eye-Popping

How best to describe a whopping campaign fundraising effort? How about not assume that big is bad, or that it is the voters who are being shortchanged? We know who really loses when candidates collect surprisingly huge donations.

This weekend, I point fingers at the real losers. Click on over to Townhall, then back here, for an eye-popping amount of further reading: