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Common Sense

Starve the Poor, Feed a Senator

Subsidies for ethanol are the biggest reason why food prices are rising faster than gas prices. This is leading to a worldwide humanitarian crisis, with the poor being hit hardest. Think of that when you next pump your ethanol.

And the main reason to favor ethanol over gasoline — to reduce carbon emissions so to help keep our planet cool — proves worse than empty. What’s required to grow and produce ethanol puts more carbon into the atmosphere than does producing and burning gasoline.

So why keep up the charade?

Well, ask Barack.

Senator Obama says he’s running to reduce the power of special interests. But, as the New York Times carefully parsed it, “like any other politician, he has powerful constituencies that help shape his views.” Tom Daschle, co-​chairman of Obama’s campaign, says Obama possesses “a terrific policy staff” … which seems united in advising him to push ethanol.

The fact that Obama represents a state filled with lots of people who directly benefit from pro-​ethanol subsidies may also have something to do with his enthusiastic support.

Obama has given the standard “national security” reason for the policy, too — energy independence — but I won’t repeat his arguments. They make no sense. If Americans don’t buy Arab oil, Europe, China, and India will. Big deal. Trillions will still go to some bad guys.

And, uh, billions will go to Obama’s friends.

Change? No, politics as usual.

This is Common Sense. I’m Paul Jacob.

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Common Sense

The Muddle Men

There are two competing visions of the social hierarchy:

1. The Elitist View: The people are fools needing to be led by experts.

2. The Populist View: The people have common sense while their leaders are generally fools or knaves or both.

You can guess which one I tend to favor. But recently, I’ve seen some evidence suggesting a third position …

3. The “It’s All a Muddle” Theory: The people are prone to conspiracy theories and outrageous nonsense while their leaders fan the flames of folk paranoia just to get ahead.

This third view fits the current energy debate. Every time fuel prices rise, I get inundated with conspiracy theories and cockamamie economics. The current notion? That gas prices are rising because of speculators.

It doesn’t make much economic sense, and it flies in the face of good supply and demand reasons that everyone should know about. But a lot of people buy into the finger-pointing.

And so do our leaders. Senator Barack Obama has called for two departments of the federal government to investigate the influence of speculation on pricing. Senator John McCain has made similar — if less clear — rumblings on the same theme.

Just as the major presidential candidates talk about “change,” they strike the usual politician’s pose — as demagogues.

Look folks, we need middlemen, like futures traders. But we don’t need “muddle men,” like Obama and McCain.

This is Common Sense. I’m Paul Jacob.

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Common Sense

A Wish for Presidential Transparency

The blogger Alaskan Librarian has a list of things he’d like done by the next president. I share at least one of his wishes, “to see policy formulated in the open.”

Specifically, he wants candidates to sign the Reason Foundation’s “Oath of Presidential Transparency.” The pledge has two parts. The first endorses “effective management, accountability, transparency, and disclosure” of federal spending. The second is a commitment to enforce the Federal Funding and Accountability Act, passed by Congress in 2006.

This legislation was introduced by Senator Tom Coburn. Both Barack Obama and John McCain signed on as co-​sponsors. It requires all recipients of federal funds to be fully disclosed on the Web. And hey, they even set up a website.

Obama has already signed the Oath of Presidential Transparency. I have to wonder who is asleep at the McCain camp, given that their candidate has yet to add his John Hancock. Same goes for Ralph Nader, Libertarian Bob Barr and the Green and Constitution Party nominees.

But since we’re all in agreement here, let’s demand more.

Like what? Like real-​time updates about budget items, allowing citizens time to protest particular pork projects and other prodigalities. Like forbidding the last-​minute stuffing of earmarks into reconciliations bills.

Maybe we need a new compact with our government, one where, as Leslie Graves of the Lucy Burns Institute suggests, there would be “No taxation without information.”

This is Common Sense. I’m Paul Jacob.

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Accountability Common Sense free trade & free markets insider corruption

A Real Reform for Obama

Barack Obama’s record as a maverick, either in the U.S. Senate or his years as an Illinois legislator, is slender at best. Behind the self-​avowed reformer’s rhetoric, his policies seem typical, demanding ever-​bigger government, ever-​more intrusive government.

But there’s at least one reform practiced by candidate Obama that could yield some very good changes indeed: His rejection of government funding of presidential campaigns.

Note I say “practiced by,” not “advocated by.” Obama has opted out of the system for tactical reasons only. In doing so he broke a promise earlier in the campaign that he would accept matching funds — along with the limits on his own general election spending that this would entail. But he had scooped up so much financial support so fast that he decided it would be shooting himself in the foot to accept spending restrictions.

Obama may be uncomfortable with his flip-​flop. I applaud it — no, not the hypocrisy of it, but the example it sets for policy.

We should never force taxpayers to fund campaigns they may not support. And while we’re at it, let’s cut away the tangle of campaign laws regulating how much money we can give a candidate, or what and when and where we can say things about candidates.

If Obama could sign on to that proposal, he could really punch away at McCain on the issue. Obama would then be advocating real reform. Real good reform.

This is Common Sense. I’m Paul Jacob.