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national politics & policies property rights regulation

National Control

Is federal rent control, just proposed by Commissar Biden, a good idea or bad?

Well, it’s good in one way — great to torpedo the incentives and capital of owners while reducing the supply of rental units and further eroding property rights. 

All of which is bad.

Very bad.

A few details of the economic principles being blithely ignored by Biden and/​or his handlers are explained by The Wall Street Journal (“another classic White House policy contradiction: Subsidize housing, then discourage its development”), Mises​.org, and Breitbart Business, among other places.

What are the chances that this pot shot at the economy will become law in the near future: slim or none?

Slim. 

Not none, unfortunately — we’ve seen too many unthwarted federal attacks on the property rights of landlords and owners, including during the COVID-​19 pandemic.

The chances are considerably more than slim if there’s a Biden Simulacrum 2 administration.

The goal of Biden and/​or his handlers is to make clear to persons who want something for nothing — a goodly percentage of Biden’s constituency — that even a near-​brain-​dead party leader or his puppeteers can come up with scads of new schemes to loot fellow Americans as long as Biden or a Biden-​type is at least nominally in office.

So if you want more pelf, along with an expiring economy with a war of all against all, vote for Biden! 

Or whoever replaces him at the Democratic convention.

If you want freedom, prosperity, respect for property rights and each other, don’t.

This is Common Sense. I’m Paul Jacob.


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Thought

Mortimer Adler

In the case of good books, the point is not to see how many of them you can get through, but how many can get through to you.

Mortimer Adler, The Wordsworth Book of Humorous Quotations (1998), p.2.

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Today

Seneca Falls

On July 19, 1848, a two-​day Women’s Rights Convention opened in Seneca Falls, New York.

Categories
general freedom ideological culture national politics & policies

The Vance Plan for DEI

Will certain items on Senator J. D. Vance’s legislative agenda be expedited by his new status as Donald Trump’s running mate?

For example, Congress could pass his kill-​DEI legislation immediately. But Biden would have to sign the bill, and it’s Biden’s administration which has been pushing the horrific DEI federal mandates.

An initialism for “mediocrity, inequity, and exclusion” — “diversity, equity and inclusion,” actually — DEI designates enforcement of race-​based, gender-​based, irrelevant-​characteristics-​based criteria for hiring and promotion. It’s a continuation of old-​style affirmative action quotas but nastier, and often attended by extra helpings of censorship and hectoring indoctrination.

On June 12, 2024, Senator Vance and Representative Michael Cloud introduced legislation that would, per their press release, “eliminate all DEI programs from the federal government.”

More specifically, the Dismantle DEI Act would “eliminate all federal DEI programs and funding for federal agencies, contractors which receive federal funding, organizations which receive federal grants, and educational accreditation agencies.” 

Seems to cover the waterfront.

Vance argues that our tax dollars should not be “co-​opted” to promote an agenda that “breeds hatred and racial division.”

One of the bill’s cosponsors, Senator Kevin Cramer, observes that DEI “doesn’t promote diversity of thought or merit-​based employment and promotion,” which is something of an understatement. DEI doesn’t merely neglect but actively opposes rewarding of merit whenever doing so would conflict with the DEI agenda.* An agenda that obtrudes continuously.

Of course, Vance’s attack upon DEI doesn’t require Vance to be Vice President, what is required is a Republican president to sign the legislation, should it pass through Congress.

This is Common Sense. I’m Paul Jacob.


* More than a few commentators have suggested that Secret Service Director Kimberly Cheatle was a DEI hire and that contributed to last weekend’s utterly botched Secret Service protection of Donald Trump, previously discussed.

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William Leggett

Whenever a Government assumes the power of discriminating between the different classes of the community, it becomes, in effect, the arbiter of their prosperity, and exercises a power not contemplated by any intelligent people in delegating their sovereignty to their rulers. It then becomes the great regulator of the profits of every species of industry, and reduces men from a dependence on their own exertions, to a dependence on the caprices of their Government. Governments possess no delegated right to tamper with individual industry a single hair’s‑breadth beyond what is essential to protect the rights of person and property.

William Leggett, “True Functions of Government,” New York Evening Post, November 21, 1834.
Categories
Today

A Day of Loco Foco Glory

Echoes of political events past:

Second Declaration of Independence, Or Grand Loco Foco Federal Glorification! To Come Off at the Court House, in the Village of Syracuse, on Saturday, the 18th Day of July, A.D. 1840.

A “Loco Foco” event in New York, five years after an advertisement for a new form of matchstick, the “Loco Foco” (see image above). The “Loco-​Focos” is what the establishment press of New York derisively dubbed members of the Equal Rights Party in 1835, after the insiders turned off the gas, sending Tammany Hall into darkness, and the upstart libertarians lit candles with their new Loco Foco matches and proceeded with electing a new slate of Democratic Party officers.