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Today

Oil Deregulated

On Jan. 28, 1981, President Ronald Reagan lifted the federal government’s remaining domestic petroleum price and allocation controls in the United States, helping to end the 1970s energy crisis and begin the 1980s’ oil glut.

The deregulatory move had been begun by Democrats in Congress, particularly Sen. Ted Kennedy, but had been placed on a gradual schedule, and the whole effort clouded with talk of “windfall profits” and a tax on those allegedly unfair returns on investment.


On January 28, 1912, Belgian economist Gustave de Molinari died. One of the last major economists of the French Liberal School, heir to Frederic Bastiat, and a prominent advocate of free trade, Molinari’s last book, The Society of To-morrow (the only one of his many books to be translated into English in his day) envisioned a future of extremely limited government, and argued against the growing tide of socialism and war that was becoming all too apparent as the future of Europe.

Indeed, the old liberal order of Europe ended with the beginning of the Great War, exactly two and one half years after Molinari’s demise.

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video

Lindsay Shepherd’s Inquisition

“There was no complaint.” When a young teaching assistant was brought before a politically correct tribunal at her Canadian college, just for including a video of Dr. Jordan Peterson, we knew it was quite the scandal. Now, after some time has lapsed, she updates her story, and puts it in context. This is a good interview:

Categories
Thought

Irving Kristol

Our youthful rebels are anything but inarticulate; and though they utter a great deal of nonsense, the import of what they are saying is clear enough. What they are saying is that they dislike — to put it mildly — the liberal, individualist, capitalist civilization that stands ready to receive them as citizens. They are rejecting this offer of citizenship and are declaring their desire to see some other kind of civilization replace it.

Irving Kristol, “‘When virtue loses all her loveliness’ — some reflections on Capitalism and ‘the free society,’” National Affairs, No. 21, Fall 1970.

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Today

American Conscription Ends

On Jan. 27, 1973, President Richard Nixon’s Secretary of Defense, Melvin R. Laird, announced an end to the military draft in favor of a system of voluntary enlistment. Since 1973, the United States armed forces have been known as the All-Volunteer Force.

The Selective Service System, the federal agency that would administer a military draft, continues to be funded, however. Furthermore, American males continue to be forced to register for the draft.

Categories
Accountability ideological culture media and media people moral hazard national politics & policies responsibility term limits too much government

The Politics of Inertia

Congress’s failure to establish, last week, any semblance of budgetary responsibility led to one of those “government shutdowns” that the press likes to yammer about so breathlessly.

Then, early this week, Senate holdouts caved, allowing a short-term fix to bring the federal government fully back to life, like the monster in Dr. Frankenstein’s lab given a defibrillator jolt.

Usually these government shutdowns are caused by Republicans not playing along — Obamacare being the sticking point most recently — but this time the desperate negotiators were Sen. Chuck Schumer (D -NY) and his Democrat gang, whose “heroic” stance was all about immigration reform and “the Dreamers.”

After they folded, and the Monster was bequeathed new life, CNN’s Brooke Baldwin asked former Democratic National Committee chair Rep. Debbie Wasserman Schultz what her party had gained from its temporary obstructionism.

Her answer? “Potential for momentum.”

That had to be one of the more bizarrely drawn happy faces over complete and utter failure that we have witnessed since . . . well, the last one.

Even Ms. Baldwin was incredulous.*

The Democratic Party’s disarray is astounding. If any party has momentum on its side, it is the party of Andy Jackson and William Jennings Bryan, the party of the elitist media, insider government and the Deep State, and the resistance to Trump.

So why its current pathetic fortune? Because the Democrats have rested so long upon their “momentum.”

Inertia can sure have its downside.

On the “bright side,” Democrats will have occasion to revisit this, for no real budget has been established. All Congress even tries to do these days is provide temporary fix after temporary fix.

Call it potential for catastrophe.

This is Common Sense. I’m Paul Jacob.

 

* The CNN anchor may have been nonplussed by the specter of entropy in the odd Newtonian metaphor.


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Categories
Today

Boris!

On January 26, 1992, Boris Yeltsin announced that Russia would stop targeting United States cities with nuclear weapons.

Categories
Thought

John C. Calhoun

A power has risen up in the government greater than the people themselves, consisting of many and various and powerful interests, combined into one mass, and held together by the cohesive power of the vast surplus in the banks.

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crime and punishment First Amendment rights general freedom ideological culture media and media people moral hazard nannyism national politics & policies Regulating Protest too much government

Twitter’s Merkel Tactics or Merkel’s Twitter Tactics?

Is Twitter cooperating with Germany’s new crackdown on social-media speech because otherwise it risks steep penalties? Or is Twitter just doing what it would do anyway?

When Germany’s new law against unwelcome speech went into effect this year, many Germans protested. “Please spare us the thought police!” was the headline in one top-selling paper, Bild.

The law requires social-media sites to block unapproved content — which includes “hate speech” and “fake news” — within 24 hours or face exorbitant fines. (Of course, every piece of news, no matter how well or shabbily reported, gets decried as hateful “fake news” by somebody.) Under the new law, Twitter suspended the accounts of two officials of the political party Alternative for Germany who tweeted that Muslim men have violent proclivities. Hateful, fake, inexact, whatever, such tweets by themselves threaten nobody and violate nobody’s rights.

Did Twitter act only under duress here?

Well, in the U.S., the company is not ordered by our government to muzzle anybody except perhaps terrorists or persons directly instigating a crime. Yet Twitter regularly suspends or bans users whose speech it considers objectionable. Moreover, it has become notorious for especially targeting speech that can be regarded as on the right end of the political spectrum — while leaving intact the tweet-speech of left-wing micro-bloggers no matter how threatening or abusive.

I don’t say America’s government should become involved. It should certainly not compel Twitter to drop its double standard.

Instead, it is Twitter itself that should become involved . . . and drop its double standard.

This is Common Sense. I’m Paul Jacob.


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Categories
Thought

Virginia Woolf

A light here required a shadow there.

Categories
Today

Shays

On January 25, 1787, Shays’s Rebellion experienced its largest confrontation, outside the Springfield Armory, with four of the rebels dead, 20 wounded.

The rebellion was a key moment in United States history. Daniel Shays and his followers objected to Massachussetts’s high taxes and rampant cronyism. The revolt, which was completely suppressed, led to the adoption of the U.S. Constitution and drawing George Washington from his retirement.