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insider corruption subsidy too much government

Ax Tax-Funded Tax-Grubbing

Some people in pursuing their business or charitable projects rely only on the voluntary support of customers or patrons. Other people rely on government funding, perhaps by default because it’s “always been that way.”

Still others not only feel entitled to government funding but are quite importunate about it, going so far as to use taxpayer dollars to pay for lobbying the government for even more taxpayer dollars. 

My theory? If taxpayers weren’t so routinely robbed to fund lobbyists, fewer dollars in general would be siphoned from taxpayers’ pockets to the demanders’ pockets.

Lone Star state officials are making some progress toward ending taxpayer-funded tax-grubbing. The state attorney general, Ken Paxton, has reached an agreement with several Texas school districts guilty of taxpayer-funded campaigning against a school choice bill. They have agreed to institute safeguards to prevent themselves from doing it anymore. We’ll see.

Texas Governor Greg Abbott “has also had enough,” writes John Fund. Abbott is promoting a bill being considered in the legislature that would prevent cities, counties, and school districts from using tax dollars to hire lobbyists. Officials and teachers would still be able to talk to their representatives themselves.

“Texans are being taxed twice,” State Senator Paul Bettencourt, a supporter of the bill, explains, “once to fund local services and again to fund political lobbying they may not support.”

Yes, that’s the costly and corrupting problem all right. One that Texas is hardly alone in suffering but perhaps a ‘lone star’ in fighting.

This is Common Sense. I’m Paul Jacob.


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Thought

Herbert Spencer

The tyranny of Mrs. Grundy is worse than any other tyranny we suffer under.

Herbert Spencer, “On Manners and Fashion,” The Westminster Review (April 1854).
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Today

Eclipse 1831

On August 13, 1831, Nat Turner witnessed a solar eclipse, which he interpreted as a sign from God. Eight days later he and 70 other slaves killed approximately 55 whites in Southampton County, Virginia.

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First Amendment rights judiciary

Satire Censorship, DOA

In the endless battle to protect our freedom of speech, the forces for good can chalk up another victory, this one out in California.

The Golden State government has been trying to impose censorship on so-called “deep-fake” videos by forcing social-media platforms to find and eliminate “materially deceptive content” about incumbents and candidates. Platforms like Twitter-X and Rumble contend that the law would compel them to act as government censors.

Had a ban on “materially deceptive content” been imposed on TV networks, it might have wiped out most campaign commercials aired over the past 65 years.

But the deepfakes that California politicians want to censor are satirical. Example: a popular video of Kamala Harris talking about what a lightweight and unscrupulous politician she is. 

The bogosity of the video is obvious. 

Indeed,the effectiveness of such parody is what caused politicians like California Governor Newsom to hit the red-alert button.

A district judge, John Mendez, recently stated in court that since platforms are protected from being punished for third-party content under the Communications Decency Act, the California law seeking to punish platforms that fail to remove “deep-fake” political criticism on behalf of pusillanimous pols is dead on arrival.

Mendez has already blocked enforcement of the law throughout the state until he can issue a formal opinion.

“No parts of AB 2655 can be salvaged,”he explained. 

Judge Mendez also suggested that a related California censorship law targeting videos, AB 2839, is doomed because it violates First Amendment rights.

This is Common Sense. I’m Paul Jacob.


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Thought

Fernand Braudel

Events are the ephemera of history; they pass across its stage like fireflies, hardly glimpsed before they settle back into darkness and as often as not into oblivion.

Fernand Braudel, The Mediterranean (1949).
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Today

Leclerc at Alençon

On August 12, 1944, French forces under General Philippe Leclerc de Hauteclocque liberated Alençon from Nazi rule — the first city in World War II France to be rescued by the French themselves.

Categories
free trade & free markets regulation

Debanking Disallowed

President Trump has issued an executive order telling banking regulators to cut it out already.

The order, “Guaranteeing Fair Banking for All Americans,” takes aim at Biden-era regulations that pushed banks to “debank” clients who had the “wrong” political viewpoints: supporters of the First Amendment, the Second Amendment, or whatever aspect of individual rights and freedom the Biden administration was most insistently opposed to.

One key passage requires regulators to “remove the use of reputation risk or equivalent concepts that could result in politicized or unlawful debanking . . . from their guidance documents, manuals, and other materials . . . used to regulate or examine financial institutions over which they have jurisdiction. . . .”

The order also takes aim at banks. It requires regulators to identify financial institutions that have engaged or still engage in “politicized or unlawful” debanking practices and “to take appropriate remedial action” against the banks, including possibly “levying fines, issuing consent decrees, or imposing other disciplinary measures.”

Overall, the order represents a welcome 180 turnabout in very recent policy. The one problem I see, though, is that no clear attempt is made to distinguish between banks that were gung ho about clobbering politically unhip account holders and those that went no further than what they were pushed by Biden regulators to do.

Of course, one could always take a stand and do the right thing despite being threatened. Like the way the debanked individuals and institutions fought for what they believed in despite the risk of being debanked.

This is Common Sense. I’m Paul Jacob.


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Thought

Herbert Spencer

If insistence on them tends to unsettle established systems … self-evident truths are by most people silently passed over; or else there is a tacit refusal to draw from them the most obvious inferences.

Herbert Spencer, The Data of Ethics (1879).
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Today

Vietnam

On August 11, 1972, the last of American ground combat troops exited South Vietnam.

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Update

Col. John Mills on Russiagate

As Donald Trump tries to negotiate a peace in Ukraine — with the beleaguered country’s president balking at the current favored option of Putin and Trump (ceding thr Donbas to Russia) — an older Russia story is receiving updates. Russia Collusion!

Paul Jacob last covered the story late last month, in “One Dares Call It Collusion,” with Tulsi Gabbard releasing the intel data on “Russiagate” to the public. Now we are seeing a lot more of the evidence, with testimony of key figures.

Not Clapper or Brennan or Comey, mind you — they confess to nothing.

But the evidence against these past directors of the NSA, CIA, and FBI (respectively) appears to be mounting, and one bit of testimony, at least, is worth considering: “Two days after the election in 2016, I was called up on the NSA phone. The person said I had to be on the intelligence community assessment that was assembling to finalize the Russia narrative, because we were going to prove that Trump was a Russian asset, and we were going to delay or block the inauguration of Donald J. Trump for the first term.”

Also worth considering? This very same Col. John Mills’ perspective on Chinese (well, CCP) influence: “How the CCP and Its Proxies Created a ‘World on Fire’.”