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De Omnibus Dubitandum - Lux Veritas

Thursday, May 11, 2017

Cry me a polluted non-Trumped EPA river

By Ethel C. Fenig
 
"Elections have consequences," a once triumphant President Barack Hussein Obama (D) crowed.  "I won," he also graciously replied when questioned about his decisions.  However, that was then but this is now and the Democrats don't like the consequences that their candidate lost.  As did many of their favorites in Congress and state legislatures.  So, continuing their ongoing attempts to restore themselves by any means necessary to what they see is their rightful inheritance of governing the U.S.A. as they see fit, the Democrats are attempting a coup of sorts, also known as the euphemistic "resistance."

One of the latest examples is President Trump's (R) revamp of the Environmental Protection (sic!) Agency (EPA)  to meld theoretical university scientists with scientists actually working in the highly regulated industries because "the administrator believes we should have people on this board who understand the impact of regulations on the regulated community."  And so, in another "you're fired" action, Trump legally dismissed several members of EPA's Board of Scientific Counselors a few days ago.  One of those suddenly unemployed followed his loser leader Hillary by tweeting his displeasure.....To Read More......  

 

Wednesday, May 10, 2017

Poland’s Reward for Good Economic Policy

May 9, 2017 by Dan Mitchell
 
Earlier today, I gave a speech about populism and capitalism at the Free Market Road Show in Thessaloniki, Greece.

But I’m not writing about my speech (read this and this if you want to get an idea of what I said about American policy under Trump). Instead, I want to share some remarkable data from a presentation by Ewa Balcerowicz of Poland’s Center for Social and Economic Research.

She talked about “The Post Socialist Transition in Poland in a Comparative Perspective” and showed that Poland and Spain has similar living standards after World War II. But over the next 40 years, thanks to the brutal communist system imposed by the Soviet Union, Poland fell far behind.

But look what has happened over the past 25 years.


Per-capita GDP has skyrocketed in Poland and the gap between the two nations has dramatically narrowed.


So why is Poland now rising relative to Spain?

For the simple reason that public policy has moved in the right direction. Here’s the data from Economic Freedom of the World, comparing Poland’s score in 1990 and today. Poland has jumped from 3.54 to 7.42, and the nation has jumped from a dismal ranking of #104 to a respectable ranking of #40.


By the way, Spain’s score also has increased, but by a much smaller amount. And because the world has become more free, Spain’s ranking has dropped. Indeed, Spain now ranks below Poland.

Which means that we shouldn’t be surprised if per-capita GDP in Poland soon jumps about Spanish levels.

Just as Poland has out-paced Ukraine because it has better policy.

Here are additional examples showing the long-run benefits of pro-market policy.
And here’s a must-watch video on the relationship between good policy and better economics performance.

All of which helps to explain why I’m so disappointed in both Bush and Obama. Their statist policies have caused a drop in America’s score and relative ranking.

 

How to Blow an Election — in Five Easy Steps

by Victor Davis Hanson May 9, 2017

 Counting the ways, and Comey is not among them. Hillary Clinton recently took “full responsibility” for her 2016 loss. Only she didn’t. Instead of explaining what the historian Thucydides once called the “truest causes” (aitiai), she went on to list at least three pretexts (prophases) for her defeat: sexism, FBI director James Comey, and the purported Russian hacking of her unsecured e-mail server and the John Podesta e-mail trove.

Clinton’s accusations also raise the larger question of why a presidential candidate wins or loses an election.

In general, there seem to be five hinges of fate: personality, positions on the issues, the general political atmosphere of the era, the quality of the campaign, and sudden and unforeseen outside events such as depression, scandal, or war. Even a biased media or lots of money pales in comparison.........Read more
 

Thought For the Day!





 

Chicago Facing Mass Exodus As City Transforms Into Gang-Ridden Hellscape

By Andrew West May 9, 2017

Within only a few generations, we could all be looking back at the defunct city of Chicago as a cautionary tales against liberalism and gun control. The Windy City, which enacted an ill-advised and deceptively dangerous handgun ban three decades ago, has been the premiere American city for homicides and gang violence for a vast majority of that same time frame.

The old adage stating that once you outlaw guns, only the outlaws will have guns, has never been more true than it is in Chicago today. Chicago’s murder rate is unfathomable, with the city breaking the 200-homicide mark for 2017 early this week. That equates to over one and a half murders per day for far in 2017. Now, with Illinois’ capital completely spiraling out of control in terms of law and order, it looks as thought Chicago might soon be evacuated by its saner residents......To Read More...

California Looking to Allow Communists to Enter State Government Roles

By Andrew West May 9, 2017
 
The Republic of California has certainly shown that it is moving further and further away from the ideals and principles of the United States of America. The liberal stronghold has been fabricating an entirely ridiculous anti-Trump and anti-conservative platform for the better part of 6 months. (To be fair, they’ve always been anti-conservative, but they’ve truly committed to an exponentially stauncher approach since The Donald was elected).......To Read More....

My Take - These are the Communist Goals for America published in 1963.

Actor Antonio Sabato Jr. is Running for Congress in California

By Onan Coca May 9, 2017

Conservative actor Antonio Sabato Jr. was a vocal supporter of President Trump during the recent election, and he’s argued that his conservative beliefs have made it much harder for him to find work in Hollywood. That blatant bias has spurred him to do something that he didn’t think he’d ever do… run for political office. The LA Times just revealed Sabato’s plans to run for Congress in a district that Democrats have held since 2013......To Read More......

Controversial ‘Embryo Jewelry’: A Symbol of Profound Selfishness

Frivolous items that devalue human life are referred to as 'sacred art' by the company that makes them May 8, 2017

by Leah Jessen | 08 May 2017

An Australian company has taken a controversial spin on preserving keepsake memories: Parents can now wear extra baby embryos and keep test-tube baby remnants in jewelry, of all things.  “We are working with a number of local and international fertility clinics to raise awareness of this option for families,” the company, Baby Bee Hummingbirds, wrote in a Facebook post on April 30.
“My embryos were my babies — frozen in time.”
Some families choose in vitro fertilization as an option for conceiving when fertility issues or other conditions don’t permit them to conceive naturally. With this procedure, extra fertilized embryos may result......To Read More.....

My Take - An embryo is defined as: "an unborn or unhatched offspring in the process of development, in particular a human offspring during the period from approximately the second to the eighth week after fertilization (after which it is usually termed a fetus)."

In short - these are unborn human beings being turned into jewelry, and they describe this outrage as a loving act quoting one of these criminals saying: 
“I don’t believe there is any other business in the world that creates jewelry from human embryos, and I firmly believe that we are pioneering the way in this sacred art, and opening the possibilities to families around the world,”
We have truly lost our minds. 

UPDATED! Eyewitness Claims Government Witness in Malheur Wildlife Reserve Case is Lying

By Tim Brown March 4, 2017

Malheur Wildlife Reserve occupier Blaine Cooper has become the first witness for the government against four men who are facing multiple charges in the occupation of the reserve in 2016. However, at least one eyewitness of event claims that Cooper’s testimony is false based on the fact that she saw him. First, Oregon Live reports on what Cooper testified: .......To Read More....

A Nigerian Prince Named Islam

Posted by Daniel Greenfield 17 Comments Monday, May 08, 2017 @ The Sultan Knish Blog
Say that you get a tempting offer from a Nigerian prince and decide to invest some money in helping him transfer his vast fortune from Burkina Faso or Dubai over to the bank across the street. The seemingly simple task of bringing over the 18 million dollars left to him by his father hits some snags which require you to put in more and more of your own money.

Eventually you have invested more than you ever would have ever done up front just trying to protect the money that you already sank into Prince Hussein Ngobo’s scheme. And to protect your self-esteem, you go on believing that no matter what Prince Ngobo does, he is credible and sincere. Any failings in the interaction are either your fault or the fault of some third party. Anyone who tells you otherwise must be a Ngobophobe.

Now imagine that Prince Ngobo’s real name is Islam.

That is where Western elites are. They invested heavily in the illusion of a compatible Islamic civilization because they hoped to gain something from that illusion.

Some on the left invested in Prince Islam's scheme because they were hoping to transform the staid British society or the excessively rural American political map through multicultural migration. Others, on the right, had ties to oil companies and the defense industry. They were pondering of shipping oil from the Gulf and defending it from Islamic terrorists by keeping up relations with the Saudis.

Those investments, whether in Islamic immigration, Islamic democracy or peace with Islam have turned toxic, but dropping those investments is as out of the question as writing off Prince Ngobo as a con artist and walking away feeling like a fool. Men and women of power and influence, who base their entire right to rule on their own intelligence and enlightenment, are not in the habit of admitting that they have been played for fools.

Turn on the TV. You'll see Condoleezza Rice cheerfully celebrating France's Socialist win and explaining how important immigration and free trade is while promoting her new book which repeats the same old cliches about Islamic democracy. When in doubt, shove your hand into the fire again.

It’s not insanity; it’s the term that rhymes with a certain river in Egypt. The Brotherhood’s victory in Efypt discredited the Arab Spring, which discredited the bid for Islamist Democracy, which discredits the compatibility of Islam and the folks on Fifth Avenue. Follow the river back along its course and suddenly the Clash of Civilizations becomes an undeniable fact. It’s easier to give up and let the river of denial carry you further along while explaining that Islamists need to be included in the system.

In 1993, Israel cut a land-for-peace deal with a greasy Egyptian bloke named Yasser Arafat. The Cairo-born Arafat would turn his gang of terrorists into a government and police force, and rule over an autonomous territory, in exchange for ending the violence. Clinton smiled beatifically as hands were shaken and a new era of peace was upon us.

The era, however, has yet to show up.

Over two decades of terrorism have not shaken the belief of the American or Israeli establishments in the “Two-State Solution”, which has solved absolutely nothing, except perhaps the problem of how to make the Middle East into an even worse place. As the violence increased and the pathways to peace decreased, Israelis stopped believing in the Two-State Solution while everyone in authority began believing in it twice as hard. Denial isn’t just a river in Egypt; it also laps at the shores of Tel Aviv, flows out to the English coast and floods cities across Europe, America and Canada.

Ask a Eurocrat for the time of day and he’ll calculate how much to charge you for the subsidies to the artisanal clock farmers that it will take to answer that question. Ask him about Islamic integration and he will instantly tell you that everything is going smoothly and the problems only exist in the minds of a few bigots and the pages of a few sensationalized tabloids.

Muslim integration into Europe is going swimmingly, much like the Israeli-Palestinian peace process and the Arab Spring. It’s going like a house on fire, not to mention a bus, a lot of cars and two towers on fire—on the other side of the Atlantic. Whatever problems there are, as with the peace process and the spring process, are undoubtedly the fault of someone who isn’t a Muslim.

The Arab Spring, the Palestinian Peace Process and every similar bid to transform the region  presumed that disempowerment was the cause of Muslim violence and that, conversely, empowerment was the solution.

Give the poor dears some weapons, a country, a ballot box, free and open elections, and they’ll be less likely to blow themselves up while seeking 72 virgins on the downtown express. Instead, empowering people who were violent while being supposedly "disempowered" only made them more violent.

Some of the best minds in two hemispheres are engaged in seeking a solution to this paradox, which isn’t a paradox at all but rather a straight-line projection.

If Abdul is beheading people when all he has to work with is a sword then, if you give him a gun, he will start shooting them instead. If he’s blowing up buses when he only has a terrorist group, he will blow up countries when he has a country.

Empowering Abdul does not diminish his grievances, because his grievances are a function of his capacity for violence. Increasing his capacity will increase his grievances until the entire world is on the wrong end of his empowerment scimitar.

The liberal projection that “Abdul + Power + Money + Bigger Guns = Peace” made as much sense, as Prince Ngobo’s story about his transfer fees being cursed by witches, but, as the song goes, “You gotta have faith.” Some of the things that we have faith in are bigger than us and some are just us. Those who put their faith in Prince Ngobo and in the benign nature of Islam are really putting their faith in their own instincts, trusting that they are right, even while looking into the eye of the wrongness.

We rarely know a thing for what it is. For the most part we know it only for what we want it to be. Our knowledge of the world is inseparable from our worldview which casts the shadows that project our inner world on the outer world. The only way to avoid that trap is by studying consequences, by creating theories based on actual events, rather than manufacturing events based on theories.

Most people project their own desires and motivations on to others. Americans assumed that Muslims just wanted democracy, free enterprise and apple pie. Muslims assume that Americans are conspiring to destroy them through a byzantine series of plots and conspiracies, because that is what they do.

We assume that Iraqis, Saudis, Pakistanis, Egyptians and Palestinians are just like us. They assume that we're like them. Unfortunately we're nice people and they're homicidal sociopaths.

The resulting cultural misunderstanding has led to rising death rates on an annual basis.

The Eurocrats assume that Muslims wanted to be good multicultural socialists, because that is what they want them to be. They assumed that the Arab Spring was the equivalent of Europe’s own socialist  movements, after having wrongly assumed the same thing about Arab Socialist movements generations earlier. They assumed those things, because just like Prince Ngobo’s business partners trying to figure out how to call up Lagos, they saw in the Other the mirror of their own desires.

The sunk cost of the free world into the illusion that Islam is benign, that it is a positive influence and that it can be coexisted with is enormous. The cultural cost is even greater.

The mechanism of denial is that sunk cost. That faith which our political, cultural and academic superiors have in themselves—in their probity, their insight and their rational tools of scientific governance. Muslims dare not question Islam because they fear Allah. They dare not question Islam because they fear being fools. If they were completely wrong about Islam, then what else were they also wrong about? Pull at one thread and the whole coat of dreams dissolves leaving behind a very naked emperor.

The longer the fraud goes on, the more impossible it is for them to admit that they were wrong. What could have been tossed out after a year is an article of faith after twenty and undeniable after forty. To admit that you made a mistake right away is bearable, but to admit that your policy for generations has been senseless madness is inconceivable.

The trouble with naked emperors is that everyone knows they are naked. Give people permission to point out the obvious and they will commence pointing and laughing. The only way to keep from being made a mockery is by desperately maintaining the consensus that everyone knows the pants are there; even if you can’t see them. Everyone knows that Islam is violent in the deeper parts of their minds, where common sense observations directly gathered from experience go. Give people permission to point out the obvious and they will turn angrily on those who lied to them and manipulated them for decades. Worse still, they will brand them incompetent fools who cannot be trusted with the reins of government.

Most insidiously, the left likes the imaginary world that that it has created. The multicultural utopia with jolly Pakistanis adding spice to London, Saudis putting up little mosques on the Canadian prairie and sassy Shiites bringing diversity to Dearborn isn’t just propaganda—it’s the imaginary world that they want to live in. The new world order that they have imagined of a friendly multicultural democratic is their idea of the world as it should be-- a utopia created and maintained at our expense, and in the face of all reality and reason.

The illusion of Islam has, like the banking system, become too big to fail. It cannot fail because it would take too much else down with it, leaving behind a harder world. No matter how unintegrated Muslims in Europe are, the Eurocrats must insist that, aside from a few exploding bumps in the road, everything is going according to plan. Any day now a lesbian Imam will be preaching the virtues of secularism in Finsbury Park. It must be that way because the alternative is unthinkable.

In Israel, the Two-State Solution must still be the solution, because the alternative is eternal conflict. In the rest of the region, Islamist Democracy must be viable, because otherwise there is nothing left but despair over an irredeemable barbarism.

We gotta have faith, not in any deity, including the chief deity of Islam, but in our leaders. Muslims believe that Allah is infallible, while we are expected to believe that our mad system of politicians and professors, the diplomats and journalists is infalliable. That they are right, even when the continuing violence proves that they are wrong.

The people who shape our half of the world have fallen for the Nigerian Prince scam of Islam and they need to believe that they know what they are doing and they need us to believe it too. And when the check from Lagos doesn’t clear, when the bombs go off, the cars burn, the children are murdered in schools and the rockets fly, then they don’t blame Prince Hussein Ngobo, the car bombers, terrorists and throatslitters—they blame us for ruining the illusion by not believing in it too.

It would have all worked if only we had been as willing to be lied to as our gullible masters.

 

Tuesday, May 9, 2017

Thought For the Day

Feel the Bern: The Venezuelan Crisis is Due to Economic Ignorance

By Robert P. Murphy

As the world watches with horror, the crisis in Venezuela continues. For years, the population has suffered from rampant inflation, shortages of basic necessities (like toilet paper), high murder rates, and an autocratic government. On April 19, the “mother of all protests” involved hundreds of thousands -- or perhaps even more than a million people -- demonstrating against the regime.

President Nicolas Maduro has authorized paramilitary groups to crack down on protesters and has called for a new constitution, a move that cynics think is merely to weaken his political opponents. As awful as the Venezuelan crisis is, it is not surprising. Indeed, the pattern we see there is a predictable outcome of “populist” policies that ignore the basic laws of economics.

The distinguished Austrian school economist Ludwig von Mises (1881-1973) explained decades ago that government intervention into the economy only causes problems, inviting further rounds of destructive intervention.

Ultimately, Mises argued, the people must decide if they want to live under the institutions of a market economy or of outright socialism. There is no stable “third way” between capitalism and socialism because interventionism creates unintended consequences that no one likes............The worst part of Venezuela's tragedy is that it was so obviously predictable...........Read more

French Election: Reality!

Macron’s Election: France Doubles Down on Failure

By J. Robert Smith May 9, 2017

In a strained bit of humorous idiocy, a flak at the Washington Post spins Emmanuel Macron’s win and Marine Le Pen’s thumping as an “embarrassment” for President Trump.

Aaron Blake, writing for “The Fix,” betrays the MSM’s obsession with pinning anything and everything negative or failed on Trump. Crows Blake:
I argued on this blog that Trump's comments about Le Pen amounted to an endorsement. He had said that she was the best candidate when it came to the most important issue: the security of her country. And he clearly suggested that her popularity was rising after the terrorist attack, a claim that in retrospect looks haphazard, at best, and foolhardy, at worst.  
Sorry, Aaron, but this merits a “Dope Alert.” Most Americans couldn’t give a hoot that the president said nice things about La Pen or even suggested her election as good. Most Americans care about their kids, jobs, and safe streets. Trump’s utterances on the subject matter only to inbreds who breathe the rarified air in DC, New York, and Boston. Or guys like you who get paychecks pulling this inanity from their rears..............Read more

Peter Zeihan Geopolitics: French Election

VISIT THE ARCHIVES TO RE-READ AND SHARE


France Dodges a Bullet…
By Catching a Bullet

The results are in:

Emmanuel Macron defeated Marine Le Pen of the National Front by 66% to 34%, making him the youngest president in French history.

Many were worried about the implications of a Le Pen presidency as the right-wing, pseudo-racist, anti-European populist has called bluntly for an immigration ban, a withdrawal from the euro and EU, the severing of most economic connections with the wider world, and a general break with the whole French system since World War II.

But while there were admittedly a couple of big gulp moments during the campaign, I wasn’t ever really that worried about such an outcome. France’s pro-European instincts are still pretty strong, and the French political center is robust as well. As soon as it became apparent that
the center-right wasn’t going to go down the rabbit-hole, I was pretty sure that Le Pen didn’t have a serious chance. The bullet would be dodged.
 
Which isn’t the same as me saying that all is good in the state of France.

Just because the center remains strong in the French electorate doesn’t mean it remains strong in the French political system. In the first of France’s presidential election’s two rounds, the two parties that have ruled France since the formation of the Fifth Republic only scraped together 26% of the vote between them. And Marine Le Pen increased her father’s share of the vote – when he made the second round a decade ago – by half.

So should the French be congratulated, even celebrated, for their election results? Sure. But let’s not get ahead of ourselves. All the trends in play that enabled the National Front to so hugely improve its vote take remain fully in force, and all will push France in a much darker direction in the months and years to come.
 
Automation at home and abroad continues to erode the earning power and job prospects of French workers. So long as the global trade system and EU survive, the French system’s lack of competitiveness continues to hollow out the French economy. France’s vulnerability to energy shocks continues to deepen.

Europe’s sovereign debt crisis is loads worse than it was in 2007, and continues to sap economic activity in France’s Spanish and Italian neighbors. Inward immigration from France’s colonial legacies continues to flow as those former colonies face issues of systemic collapse. Germany remains shielded from the worst of most of this, and so long as it is the heart of the EU not just geographically, but also economically, financially and politically it will continue to ascend at France’s expense. France is trapped in a system it cannot control and that system is in terminal decline. I’d be scared and angry too.

And let's not understate the challenge the new president faces. The entirety – yes, the entirety – of the parliament is made up of parties that were just wholly discredited on the national scene. The new president doesn't have a single legislator in office. The comparison is imperfect, but can you imagine if Donald Trump ran on a third-party ticket to become president? How do you think the Democrats and Republicans would treat his priorities when they hold all the legislative cards?

Sure Macron can try to capture the French imagination (and some seats) in the June parliamentary elections, but so too can Le Pen. And now that one-third of the French electorate has broken the seal and voted for the National Front, it is highly likely that Le Pen’s (massively) more organized and institutionalized party will do just as well as Macron’s neophyte on-a-shoestring En Marche. When we get to the next presidential election, France is likely to have a president with few successes, an ossified and discredited center-left and center-right, and a National Front that has racked up dozens of electoral successes in both national and regional bodies.

Doesn’t take a pessimist to guess how that will turn out.

BOOK PETER FOR YOUR NEXT EVENT
BUY A SIGNED COPY OF ABSENT SUPERPOWER
 
 

Score a Touchdown with Lower Tax Rates

May 8, 2017 by Dan Mitchell @ International Liberty
The tax system is bad news for professional sports, with plenty of anecdotal evidence showing that athletes (and even fans) get pillaged by government.

Now we have some comprehensive academic research to augment the anecdotes.
The Wall Street Journal opined today on a new study about the impact of marginal tax rates on professional sports teams.
Erik Hembre, an economist at the University of Illinois-Chicago, looked at the question: Do tax rates affect a team’s performance? He analyzed data in professional football, basketball, baseball and hockey between 1977 and 2014. Since the mid-1990s, he writes, “a ten percentage point increase in income tax rates is associated with between a 1.9-3.0 percentage point decrease in winning percentage.” Here’s why: Professional athletes are taxed at the highest marginal rate. The average NBA player earned more than $4.8 million in 2013 and the average was $2.3 in the NFL, so athletes who play for the Minnesota Vikings earn less after taxes than do Dallas Cowboys. …The effect appears strongest in the NBA, “where moving from a high-tax state to a low-tax state has a similar effect on winning as upgrading a bench player to an All-Star.” An NBA team that fled Minnesota (top rate: 9.85%) for Florida (0%) could expect to win an additional 4.5 games a season, Mr. Hembre found.
This makes sense.

Indeed, there’s evidence from Monaco, which plays in the French soccer league, that low taxes produce better results on the playing field.

The editorial concludes with a caveat…and a political lesson.
Players make free-agent decisions for many reasons, and New York or Los Angeles can offer attractions and endorsement deals that offset their horrendous tax rates. But no one should be surprised that professional athletes respond to incentives like individuals in any industry. Perhaps this evidence will tempt governors and state lawmakers to cut rates now that they know that, along with a growing economy, they might end up with better sports teams and happier fans, also known as voters.
None of this should be a surprise. We know taxes impact the decisions of high-income, high-productivity people, everyone from entrepreneurs to inventors.

Now that we’ve looked at the impact of taxes on an industry, let’s now consider the impact of taxes on the overall economy.

Professor Ed Lazear, in an article for the University of Chicago’s Becker-Friedman Institute, makes some critical observations on the American tax code.
Starting with the system’s complexity.
In the first 20 years after the 1986 Tax Reform Act was passed, there were already about 15,000 changes to the basic law. The lack of transparency is costly: resources devoted to tax preparation and avoidance alone amount to more than 1% of GDP.
Continuing with distortions in the internal revenue code.
The tax system is full of inconsistencies, preferences, complex rules, and contradictory definitions that encourage distortionary behavior by Americans in their legitimate attempts to minimize their tax liabilities. …Additionally, there are parallel systems that are not fully integrated into one coherent tax structure. Within the income tax category, the Alternative Minimum Tax has rules that are layered on top of the basic tax rate structure, which override the tax calculation for a sizeable fraction of taxpayers. Beyond that, the payroll tax, both employer and employee contributions, are distinct from the income tax rules, but for most Americans, act as a basic income tax that is an add-on to the income taxes that they pay.
And there’s a big section on the economic harm caused by over-taxing business investment.
…growth is most affected by taxes on capital. Notorious is the high US corporate tax rate of 35% that the US imposes, which results in obvious evasive action like locating business overseas. More important, but less visible, is the actual reduction in investment that occurs because capital is taxed so heavily in the United States. The marginal dollar of investment is one that can find its home in another country as easily as in the US. When we raise taxes on capital, a German investor who might have preferred to invest in an American company simply chooses to keep that money in Germany. The easy flow of capital across borders means that lowering tax rates will encourage more capital to flow to American businesses. …if investment were untaxed altogether, the economy would grow by an additional 5% to 9%. In the short run, the easiest way to accomplish this is to allow full expensing of investment with indefinite carry-forwards. This simply means that firms can deduct the cost of investments from their tax liabilities immediately and fully. Allowing full and immediate deductibility of investment expenses removes the distortions that impede capital investment and, as a consequence, raises productivity, incomes, and GDP.
Augmented by the economic damage caused by over-taxing human capital.
Economists have estimated the human capital portion of the total capital stock in the United States as between 70% and 90%. …increasing tax rates is likely to have profound effects on occupational choice and investment in the skills that are required to be productive in high-value occupations. …The personal income tax, and especially extreme progressivity, which places high burdens on professionals, discourages entry into professional occupations. Since human capital is such an important component of all capital, it is important to avoid over-taxing individuals directly. …
He concludes by explaining why the class-warfare crowd is misguided.
Lowering capital taxation and paying close attention to the progressivity of the tax structure both benefit the rich directly. The middle- and lower-income parts of the income distribution also benefit, however. …there is a close relation between average income wage growth and productivity. Furthermore, there is a close link between GDP growth and productivity growth…unless we ensure that the economy grows, which means that productivity grows, we will not have wage growth. …the poor and rich alike did best when economic growth was robust. 
This last excerpt is critical. Some of my leftist friends think the economy is fixed pie, and this leads them to think the rest of us lose money any time a rich person earns more money.

Or they are motivated by envy. In some cases, this even leads them to support policies that hurt poor people so long as rich people suffer even more.

Both these views are wrong. President John F. Kennedy was right about a rising tide lifting all boats.
And we see that in the incredible data that’s been shared by scholars such as Deirdre McCloskey and Don Boudreaux.

And since we just quoted Kennedy, let’s close with an equally appropriate quote from Winston Churchill, who famously observed that “The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”

And the best example of that is in the data comparing the US with Denmark and Sweden. Or the words of Margaret Thatcher.

The moral of the story is that Slovakia has the right approach on taxes while Sweden has the wrong approach. That’s true, whether you want a winning sports team or a winning economy.

 

Red-Green Alliance Funded by Billionaire Democrats

Don’t expect our media to look behind the curtain of the Peoples Climate March, since reporters share the ideology of climate change. We will probably be told that the march is comprised of moms and kids. Yet, the old Moscow-funded Communist Party is listed as one of the official “partners” of the group sponsoring the April 29th demonstration in Washington, DC.

The Democratic Socialists of America (DSA), a group that backed Obama from the start of his political career, is a partner, as is the Socialist Party. Academia is represented through such organizations as the American Association of University Professors. But there’s more: the Global Muslim Climate Network, the Islamic Society of North America, and a group called Green Muslims have signed on as partners. Trump’s electoral success has split apart the Democratic Party coalition that depended on unions and workers to help liberals win on Election Day.

By Cliff Kincade

“System Change, Not Climate Change” is the demand being made by the Party for Socialism and Liberation in regard to Saturday’s Peoples Climate March. “Only socialism can solve the climate crisis,” they say. It appears that the organizers of the march agree, since the old Moscow-funded Communist Party is listed as one of the official “partners” of the group sponsoring the April 29th demonstration in the nation’s capital.

Russian leader Vladimir Putin would like nothing more than to see the U.S. close down its oil and gas industry and try to run a modern industrial economy on solar panels and windmills....... Read More........

Trump’s Foreign Policy ‘Flip-Flops’: More Fake News

Trump did not campaign as an isolationist and thus cannot be charged with “flip flopping” because he is not acting like an isolationist in office. Both the original charge and its new twist are examples of “fake news” concocted by Trump’s opponents and being properly ignored by his supporters.

By William R. Hawkins l May 2, 2017

In the wake of the April 6 missile strike on a Syrian airbase, critics of President Donald Trump sparked media frenzy about his supposed “flip flop” on foreign policy which would allegedly alienate his anti-establishment followers and open the door to the return of “neoconservatives” to power in Washington.

This charge was predicated on the notion that Trump had run as an “isolationist” who had won votes by pledging to keep the country out of war along the lines of Woodrow Wilson in 1916. The problem with this charge is that it was based on a false narrative created by critics of Trump who tried to discredit his qualifications to be Commander-in-Chief.

If Barack Obama was weak because he wanted to “lead from behind,” a successor who didn’t want to lead at all in world affairs could not protect American interests or security. Those who took part in this smear campaign ran the gamut from rivals in the Republican establishment to Hillary Clinton supporters who stressed her active record as Secretary of State........There has been confusion about Trump’s unilateralism; equating it with isolationism. But the two terms are not synonyms.

Trump’s determination to do what is best for America does not mean he is abandoning allies. The first thing he did upon taking office was to dispatch his national security team (all of whom are veteran actors on the world stage) to trouble spots around the world while hosting a steady stream of foreign leaders at the White House.

He feels like George W. Bush, who famously said America “does not need a permission slip” from anyone else to defend its interests. Trump’s attack on Syria followed the failure of a UN resolution to sanction Damascus officials for the use of chemical weapons; a resolution vetoed by Russia and China. This should send a message to Beijing about the sincerity of Trump’s statement that “If China is not going to solve North Korea, we will.”........To Read More.....

Monday, May 8, 2017

Fake Law: How Trump-hatred warps the judiciary.

May 15, 2017 | By Marc O. DeGirolami

Something ugly is happening to the First Amendment. It is being contorted to enable judges to protest Donald Trump's presidency. The perennial impulse of judges to manipulate the law to achieve morally and politically desirable ends has only been exacerbated by the felt necessity to "resist" Trump. The result: Legal tests concerning the freedoms of speech and religion that in some cases were already highly dubious are being further deformed and twisted.

Welcome to the rise of fake law. Just as fake news spreads ideologically motivated misinformation with a newsy veneer, fake law brings us judicial posturing, virtue signaling, and opinionating masquerading as jurisprudence. And just as fake news augurs the end of authoritative reporting, fake law portends the diminution of law's legitimacy and the warping of judges' self-understanding of their constitutional role............A large part of the blame for this abomination falls on the Supreme Court. It was only a matter of time before the hollowness of its favored establishment clause test—which focuses on impure motivations, perceived slights, and the hurt feelings of political exclusion—would be exposed in the patently unreasonable use of irrelevant and illimitable "context." The reasonable observer, it seems, is not the judge who faithfully applies the law but the politically motivated judge who swells the scope of the establishment clause and wears his contempt for the president like a medal........To Read More.....

There are three levels of the federal judiciary- the District level, the Appeals level and the Supreme Court. Each level should have a ten year limit with a review after five years requiring a majority approval by the Senate. At each level each nominee would have to go through the same process, even if nominated to a higher court before they finish their term in a lower court. If their tem runs out and they’re not nominated to a higher court they may be nominated at some point in the future. No jurist can return to a lower court if their term runs its course at a higher level, and no jurist can ever be appointed to a court if their nomination to any court has ever been rejected by the Senate. No jurist may serve after the age of seventy.

It's Time For a Twenty Eighth Amendment!

By Rich Kozlovich

(Editor's Note:  I originally published this on June 26, 2015, but I think with current events - it's important to republish it now..RK.)

Yesterday Mark J. Fitzgibbons penned this article, Sotomayor's 4th Amendment Time Bomb regarding “A painfully slim 5 – 4 ruling this week by the Supreme Court in City of Los Angeles v. Patel”. He writes, “The court struck down a Los Angeles ordinance that allowed police officers to inspect hotel guest registries for any or even no reason, and without a warrant. The ruling that the Fourth Amendment applies to businesses and that statutes may be declared unconstitutional on their face is consistent with principles as old as, and even older than, the Constitution.” But he also notes that “Justice Sonya Sotomayor’s majority opinion is also a blueprint for a major power grab for the administrative police state” because “her majority opinion even seems to suggest that police departments may be given power to approve their own searches using administrative subpoenas instead of going to judges to obtain warrants”.

Administrative subpoenas? Is she serious? This isn’t something that should even be an option!   The article goes on to explain why say it’s Constitutionally inappropriate for administrative subpoenas to be issued by federal bureaucrats saying, “Justice Frank Murphy’s short but powerful and prescient dissent from his all-Democrat appointed colleagues is spot on”:
"I am unable to approve the use of nonjudicial subpoenas issued by administrative agents. Administrative law has increased greatly in the past few years, and seems destined to be augmented even further in the future. But attending this growth should be a new and broader sense of responsibility on the part of administrative agencies and officials.

Excessive use or abuse of authority can not only destroy man's instinct for liberty, but will eventually undo the administrative processes themselves. Our history is not without a precedent of a successful revolt against a ruler who "sent hither swarms of officers to harass our people."

Perhaps we are too far removed from the experiences of the past to appreciate fully the consequences that may result from an irresponsible though well meaning use of the subpoena power.  
To allow a nonjudicial officer, unarmed with judicial process, to demand the books and papers of an individual is an open invitation to abuse of that power. It is no answer that the individual may refuse to produce the material demanded.  
Many persons have yielded solely because of the air of authority with which the demand is made, a demand that cannot be enforced without subsequent judicial aid. Many invasions of private rights thus occur without the restraining hand of the judiciary ever intervening.

Only by confining the subpoena power exclusively to the judiciary can there be any insurance against this corrosion of liberty. Statutory enforcement would not thereby be made impossible. Indeed, it would be made easier. A people's desire to cooperate with the enforcement of a statute is in direct proportion to the respect for individual rights shown in the enforcement process. 
Liberty is too priceless to be forfeited through the zeal of an administrative agent.

Does Sotomayor, who actually described herself as the “wise Latina”, really understand that?

The founding fathers created lifetime appointments for federal judges because they wanted them to be unafraid about losing their jobs for unpopular decisions. There were some differences between then and now. First of all there were few federal judges and nowhere in the Constitution does it outline exactly their duties. Originally the Supreme Court handled very common cases. Their authority developed over time and they pretty much created their own parameters of responsibility.

Secondly the federal government was amazingly small compared to today and everyone pretty much thought it would stay that way. However the passage of the 16th amendment (income tax) and 17th Amendment (popular elections of Senators) pretty much laid the foundation destroying the checks and balances between the branches of government and the vision of a limited central government, which the founding fathers believed was essential to individual liberty. They couldn't have been more right.

Although it’s true judges can be removed by impeachment. It’s also true the federal judiciary is filled with political hacks that have made decisions that can’t be construed as anything but high crimes. The high crimes of the Constitution means a “crime of high office”,which can simply mean they’ve failed to perform the duties they have sworn by oath to perform. It’s clear the federal judiciary no longer believe they have to "solemnly swear (or affirm)they will administer justice……under the Constitution and laws of the United States." They’re clearly not following the Constitution, and they clearly don’t believe they need to “preserve and defend the Constitution against all enemies foreign and domestic” since they are Constitution’s greatest enemy. If that’s so – and it is – and it’s so obvious – and it is – why aren’t more judges impeached? Because getting a two thirds majority to vote for conviction from the Senate is almost impossible.

As historian Dr. Clarence Carson wrote: "Jefferson doubted that the fear of impeachment was little more than a paper tiger, or as he put it frequently in private correspondence, “not even a scarecrow.” He put the danger this way: “We already see the power, installed for life, advancing with a noiseless and steady pace to the great object of consolidation. [“The engine of consolidation,” he had said, “will be the federal judiciary . . . .”] The foundations are already deeply laid by their decisions for the annihilation of constitutional state rights, and the removal of every check, every counterpoise to the engulfing power of which themselves are to make a sovereign part.”

Has this occurred? It should be obvious to the most casual observer that it has and the Supreme Court’s recent decision King v. Burwell is a clear example the federal judiciary has become an out of control law unto themselves. Justice Scalia’s scathing dissent is a simple, direct and easy to understand intellectual tour-de-force demonstrating how far they’ve sunk in their efforts to overturn the balance of power created by the Constitution.

Scalia states:  “We should start calling this law SCOTUScare ……the cases will publish forever the discouraging truth that the Supreme Court of the United States favors some laws over others, and is prepared to do whatever it takes to uphold and assist its favorites…

He went on to say: “Words no longer have meaning …..Under all the usual rules of interpretation, in short, the Government should lose this case. But normal rules of interpretation seem always to yield to the overriding principle of the present Court: The Affordable Care Act must be saved……

He observes: The Court tries to palm off the pertinent statutory phrase as “inartful drafting.’ This Court, however, has no free-floating power ‘to rescue Congress from its drafting errors.’”…..“The Court’s decision reflects the philosophy that judges should endure whatever interpretive distortions it takes in order to correct a supposed flaw in the statutory machinery. That philosophy ignores the American people’s decision to give Congress ‘[a]ll legislative Powers’ enumerated in the Constitution. They made Congress, not this Court, responsible for both making laws and mending them.”…..

Demonstrating just how dangerous the federal judiciary has become: “More importantly, the Court forgets that ours is a government of laws and not of men. That means we are governed by the terms of our laws, not by the unenacted will of our lawmakers. ‘If Congress enacted into law something different from what it intended, then it should amend the statute to conform to its intent.’ In the meantime, this Court ‘has no roving license … to disregard clear language simply on the view that … Congress ‘must have intended’something broader.”…

He states what should be the understanding of all federal jurists: “Rather than rewriting the law under the pretense of interpreting it, the Court should have left it to Congress to decide what to do about the Act’s limitation of tax credits to state Exchanges.”

If the Constitution is going to really be the document that governs government, and is the real and legitimate law of the land, it's in serious need of reinforcements. It’s time for a 28th Amendment that would impose strict term and age limits on the federal judiciary.

There are three levels of the federal judiciary- the District level, the Appeals level and the Supreme Court. Each level should have a ten year limit with a review after five years requiring a majority approval by the Senate. At each level each nominee would have to go through the same process, even if nominated to a higher court before they finish their term in a lower court. If their tem runs out and they’re not nominated to a higher court they may be nominated at some point in the future. No jurist can return to a lower court if their term runs its course at a higher level, and no jurist can ever be appointed to a court if their nomination to any court has ever been rejected by the Senate. No jurist may serve after the age of seventy.

Here’s the fix! Abolish the FED, repealing the 16th and 17th Amendments and pass a 28th amendment. Everything else will fall into place.
 

Cartoon of the Day!

All the Religions You Can Insult on CNN

Posted by Daniel Greenfield 8 Comments Thursday, May 04, 2017 @ Sultan Knish Blog
Reza Aslan has built a career complaining about Islamophobia. Throw a dart at a map of colleges and the odds were good that Aslan would be speaking at one of them about the rising threat of Islamophobia.

Earlier this year, Aslan, an Iranian Muslim, announced that he was going to change people’s minds about Islam and make them more tolerant, “through pop culture, through film and television.“

“Stories have the power to break through the walls that separate us into different ethnicities,” Aslan rhapsodized, “different cultures, different nationalities, different races, different religions.”

CNN gave Aslan a forum. Nearly every episode of “The Believer” that aired has made some religion that isn’t Islam look freaky, unpleasant and threatening. Instead of breaking through the walls, it has surveyed different non-Islamic religions only to sneer at them as strange and weird.

Instead of Islamophobia, it offers Non-Islam-ophobia.

“The Believer” kicked off with an episode featuring a sect of cannibals whom the show associated with Hinduism. Its last episode spread fear over the threat posed by Orthodox Jews. CNN’s “Believer” clips offer Reza Aslan explaining why he’s a Muslim sandwiched between a doomsday cult leader who calls himself “Jezus”, voodoo, scientology and a Mexican death cult.

Not even Al Jazeera would have been this blatant about its Islamic agenda.

Reza Aslan, CNN and “Believer” have already offended a whole range of religious groups. Hindus angrily denounced the misrepresentation of their religion. But the left has much less interest in Hinduphobia than it does in Islamophobia. Hindu protests outside CNN offices in five cities garnered almost no coverage from the same media that covers every single Islamic protest against Islamophobia.

The media doesn’t believe that all forms of religious bigotry are created equal.

Orthodox Jews condemned Aslan for his fearmongering aimed at Judaism. But the left is uninterested in criticizing anti-Semitism from Islamists. Especially those on its payroll.

“The Believer” has tried to smear Christians, Hindus and Jews. It has yet to profile Muslims. Despite Aslan’s interest in teaching Americans not to be Islamophobes, he seems to prefer pushing Christophobia, Judeophobia and Hinduphobia. But bigots can’t be expected to fight bigotry.

“The Believer” treats non-Islamic religions as a freakshow. The gimmick attracts viewers. See Reza Aslan eat brains, talk to a doomsday cult leader or act afraid of Jews in fedoras. Look at all those freaks!

But don’t expect to see Shiite Muslims cutting their children in the street for Ashura on “The Believer”.

Beneath the hipster approach to religion is malice. Hindus are associated with cannibalism. Orthodox Jews in Israel are swapped in for Islamists. Reza Aslan pretends that Israeli cities are no-go zones as he insists, “If we get out of the car in these neighborhoods, we will be immediately attacked.”

Of course no one attacks him. But Reza Aslan gets to pretend to be afraid of the Jews.

In a CNN article, Aslan warned that Orthodox Jews are “taking on greater political power until, one day, you wake up and find this group has more or less taken over the state.”

If someone were to say such a thing about Muslims, Aslan would be leading a lecture tour to denounce Islamophobia. Last year, Aslan was peddling “Fear Inc.: The Industrializing of Islamophobia.” Now Reza Aslan is, coincidentally, spreading fear of a religion that Muslims view as their leading enemy.

And CNN is serving as Fear Inc. and industrializing Aslan’s Non-Islam-ophobia.

In his CNN hit piece, Reza Aslan cunningly transposes concerns about Islamic birth rates, theocracy, no-go zones and religious police to Jews. It’s inconceivable that CNN would run a documentary worrying about Islamic birth rates leading to theocracy in Europe or America. But all those worries about Islamophobia don’t apply to Islamists fearmongering about other religions.

Israel, Reza Aslan warns, is on the verge of turning into a “Jewish version of Iran”.

That’s certainly a convenient message to peddle if you’re an Islamist opponent of Israel. In the past, Reza Aslan has been utterly unsubtle in his hatred of the Jewish State. Highlights included comparing Israelis to Nazis and insisting that Iran wants nukes because it feels threatened by Israel.

But, as critics know, Reza Aslan has two faces. One is a ranting bigot. The other feigns spirituality. The real Aslan is a bigot. The fake Aslan mouths inanities about the universality of religion even as he attacks every religion that isn’t Islam. You can find the real Aslan on social media and the fake Aslan on CNN.

“The Believer” is the perfect platform for Reza Aslan. Its smirking subtitle “Spiritually curious” and Aslan’s inanities convey the image of a hipster looking for religious meaning everywhere. It’s no doubt how the show was sold to CNN. And CNN execs saw Aslan’s approach of showcasing religious freakiness while disguising it with nostrums about the universality of the search for meaning as a safe bet.

But Aslan isn’t spiritually curious. He’s spiritually hostile. He’s learned to disguise that hostility by sounding like a liberal. On CNN, his attacks on various religions are interspersed with disclaimers. But the disclaimers, like the inanities, are meant to get lost in the overall impression that Hindus eat brains and Jews are Islamic terrorists who want to take over everything. That is what viewers will remember.

Reza Aslan postures as a scholar, but he’s callously ignorant of other religions and he isn’t actually interested in learning about them except to undermine them. His curiosity is only a media pose.

“The Believer” continues the trend that defined Aslan’s career. He writes a book defending Islam and then another that attacks Christianity. Then he responds to the criticism by crying Islamophobia.

The only one who should be allowed to stir up fear and loathing of other religions is Reza Aslan.

Christians, Hindus and Jews have taken apart Reza Aslan’s claims about their religions. But despite Aslan’s posturing, he isn’t a scholar. A scholar wouldn’t be boasting about eating brains or pretending to be afraid of Jews in Israel. “The Believer” isn’t a scholar’s work. It’s a malignant attack on non-Islamic religions disguised in one part universalism and four parts sensationalism.

Reza Aslan’s openness is a sham. As is his enthusiasm. He isn’t a scholar of religion but a promoter of Islam. He appears to embrace other religions, boasting, “I feel Jewish” during one episode and writing a book about Jesus, only to undermine them. He thrives by pitting members of enemy religions against each other whether it’s liberal and conservative Christians or secular and religious Jews.

Nothing better could or should be expected from Reza Aslan. “The Believer” is xenophobia masquerading as tolerance and sectarianism dressed up as universalism. Aslan’s episode on Jews in Israel is exactly what you ought to expect from a slick Hamas apologist. Hindus are likewise in the way of Islamic expansionism. As are Christians. Depicting non-Muslims as bizarre normalizes Islamic violence.

Something more ought to be expected from CNN.

The media has long thrived on mocking conservative Christians. It’s fairly casual about taking swipes at Orthodox Jews. But “The Believer” expanded its hit list to Hindus. How many others will there be?

Islam is involved in conflicts with every major religion on earth. How many religions is CNN ready to allow Aslan to smear? How long before “The Believer” heads to Myanmar to settle scores with the Buddhist monks who are defending themselves against Muslim violence? Or to Sudan to go after the Animists facing Muslim persecution? Islamists have no shortage of enemies. Neither will CNN.

CNN won’t report the truth about Islamic terror. Yet it is ready to offend every non-Muslim religion on earth.