Common Sense with Paul Jacob

Today

The “Stolen Election”

On December 1, 1824, with neither John Quincy Adams nor Andrew Jackson receiving a majority of the total electoral college votes in the election, the United States House of Representatives was given the task of deciding the winner in accordance with the Twelfth Amendment to the United States Constitution.

The House selected Adams. Jackson and his supporters felt deeply aggrieved, and immediately set about preparing for the next election, which Jackson won handily. Jacksonian supporters referred to the election of 1824 as “the Stolen Election,” in no small part because Jackson had received more popular votes.

Thought

John Quincy Adams

All the public business in Congress now connects itself with intrigues, and there is great danger that the whole government will degenerate into a struggle of cabals.

Peel Back the Onion

The Onion, satire, humor, CFPB, bureaucracy

Yesterday, an Onion title caught my attention: “Hooded Members of Congress Drown Another Love Child in the Potomac to Prevent Affair from Getting Out.” This is not funny because it is true, but because it is so close to the truth. Too close for comfort.

A similar story, the day before, sported a title so sublime that you do not really need to read further: “Al Franken Tearfully Announces Intention To Step Down From Role As Harasser Of Women.” The week before that, another satire gave us this extravaganza: “Paul Ryan Announces New Congress Sexual Harassment Training Will Create Safe Work Atmosphere, Plausible Deniability.”

But sex scandals are easy. If The Onion were seriously in the satire biz, the farcical-on-the-surface nonsense of the Consumer Financial Protection Bureau brouhaha that I wrote about on Tuesday would get incisive treatment as well.

My advice to Onion writers? Don’t go halfway into the problem, like David A. Graham does in The Atlantic: “The Fight Over the CFPB Reveals the Broken State of American Politics.” Sure, that’s true. But concluding that “neither party sees the political process as effective in resolving these basic issues is worrying” hardly goes far enough, and the next line — “the fact that they might both be right is worse still” — shies from the full extent of the predicament.

The Constitution was designed to avoid problems like the CFPB nonsense. Start there. Something like this comes close: “Politicians Shocked, Shocked to Discover That an Un-Constitutional, Partisan Bureau Becomes Subject to Constitutional Dispute Along Partisan Lines.”

I have confidence that, if The Onion went there, it’d be funnier.

Even without a sex angle.

This is Common Sense. I’m Paul Jacob.

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Tags bureaucracy, cfpb, humor, satire, The Onion

Thought

George Bernard Shaw

Political necessities sometimes turn out to be political mistakes.

Today

Chase and Clemens

On November 30, 1804, the United States House of Representatives began impeachment hearings against Supreme Court Justice Samuel Chase. The House thought he was too partisan, too “Federalist.”

The Senate later acquitted Chase.

On 1835 on this date, Samuel Clemens was born, later to achieve world fame as author and humorist Mark Twain (pictured above). His most beloved books include The Adventures of Tom Sawyer (1876) and his masterpiece, Adventures of Huckleberry Finn (1885). He died in 1910.

Accountability free trade & free markets insider corruption moral hazard national politics & policies porkbarrel politics responsibility too much government

Cry Me an Amazon

My idea of a “free market” is not our politicians’. Their idea is to give away free stuff to their new and old business buddies . . . at everyone else’s expense.

That sort of “crony capitalism” has been writ large per Amazon’s search for a location for a second headquarters (HQ2). The world’s biggest retailer — valued higher on the market than all other major retailers combined — announced it would spend $5 billion and bestow 50,000 new jobs on HQ2’s locale. Subsequently, 238 cities, states and provinces in the U.S., Canada, and Mexico offered to take from their current citizenry to give unfairly to Amazon.

Chicago’s proposal would allow Amazon to keep the income taxes their employees pay. Seriously. This “personal income-tax diversion” would add up to over a billion dollars for the company.

New Jersey state government offered a cool $7 billion in subsidies should Amazon choose to locate in Newark.

Seattle Times columnist Danny Westneat described this sorry spectacle of subsidy as not so much a corporate “takeover” as a government “surrender.”

The most egregious example, though, has to be Fresno, California, where the city “promises to funnel 85 percent of all taxes and fees generated by Amazon into a special fund. . . . overseen by a board, half made up of Amazon officers . . . supposed to spend the money on housing, roads and parks in and around Amazon.”

“Rather than the money disappearing into a civic black hole,” explained Larry Westurland, Fresno’s economic development director, “Amazon would have a say on where it would go.”

Selling out the taxpayers? Moolah in the millions. Referring to a normal city budget as a “black hole”? Priceless.

This is Common Sense. I’m Paul Jacob.

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Tags Amazon, black hole, cronyism, taxpayers

Today

C. S. Lewis

Irish-English medievalist, theologian, and novelist Clive Staples Lewis was born on November 29, 1898. Among his best known works are Out of the Silent Planet, The Problem of Pain, Miracles, and the “Narnia” fantasies for children. His retelling of the Psyche myth, Till We Have Faces, and political essays such as “The Humanitarian Theory of Punishment” and The Abolition of Man, will almost certainly stand the test of time.

Thought

Baruch Spinoza

If you want the present to be different from the past, study the past.

Accountability general freedom government transparency ideological culture insider corruption moral hazard nannyism national politics & policies responsibility too much government U.S. Constitution

Invulnerable Government

cfpb, Consumer Finance Protection Bureau, director, Richard Cordray, Mick Mulvaney, deep state, administrative state, bureaucracy

As of this week, there are two heads of the Consumer Financial Protection Bureau.

Two claimants to the throne, so to speak.

The bureau’s previous director, Richard Cordray, resigned last week, and as he left he appointed a deputy director, Leandra English. Ms. English sent out a nice Thanksgiving email, billing herself as “Acting Director.”

Meanwhile, in advance of Cordray’s exit, President Trump appointed Mick Mulvaney to fill the role. Mulvaney showed up at work yesterday and took possession of the director’s office. He ordered a hiring freeze . . . and brought donuts.

It gets juicier. English has filed suit against the president and his appointee, claiming to be, herself, the directorship’s rightful heir. She cites the enabling legislation, which allowed for deputization by the director. And she cites her commitment to the agency’s mission, of which Mulvaney and Trump have none.

Republicans generally regard the agency as having gone rogue.

And the squabble over the directorship sure seems to validate that charge.

The legality? Presumably, the legislation that established the agency — which deliberately insulated the CFPB from oversight by funding it from the Federal Reserve — does not void an established law, the Vacancies Act, which does allows the president to fill vacated posts.

Sen. Elizabeth Warren has taken up English’s side in the dispute, because she believes in the agency’s mission.

Now, I get it: to make government as impregnable as a high mountain fortress is an idea that many folks flirt with, from time to time. But the results are always the same: government secure from democratic checks and constitutional balance.

Come on, Democrats! Give democracy a chance.

This is Common Sense. I’m Paul Jacob.

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Tags administrative state, bureaucracy, cfpb, Consumer Finance Protection Bureau, deep state, Director, Mick Mulvaney, Richard Cordray

Today

Henry Hazlitt

In 1894, on November 28, economics journalist Henry Hazlitt was born. Halitt went on to write Economics in One Lesson, Time Will Run Back, and several books criticizing Keynesianism. He was the main proponent of the work of Ludwig von Mises and F.A. Hayek in America during the 1940s and 1950s.

Exactly one year earlier, women voted in a national election for the first time . . . in New Zealand. On the same date in 1917, the Estonian Provincial Assembly declared itself the sovereign power of Estonia. November 28 also marks the independence of Mauritania from France (1960), and East Timor from Portugal.