The John Kerry-Barack Obama Plan

The guy who sits in the Secretary of State’s chair laid it out in his Wall Street Journal op-ed Wednesday.

Put simply, we are building a global partnership against violent extremism.

That’s so vapid and empty it doesn’t deserve comment. I include it only as an illustration of the depth of thinking and the level of importance Kerry attaches to this as sum and total of this Plan.

And this:

We must identify the zones of greatest vulnerability…. And then we must tailor our efforts and target our resources to meet the specific needs of those places. It may be training young people so they can get jobs and envision a future of dignity and self-reliance. It may be working to eliminate corruption and promote the rule of law, so that marginalized communities can enjoy security and justice.

The Community Organizer School of Realpolitik. Offering terrorists alternative career paths will set them free.

This Plan operates from a very fundamental false premise: that these terrorists don’t already see, quite clearly, their future of dignity and self-reliance, that the path they see to security and justice is not the path we prescribe. No, the terrorists of Daesh, of al Qaeda and its associates, of Boko Haram, of Jahbat al Nusra, of the Palestinian Authority, of Hezbollah, of… all see their path to dignity, to self-reliance, to their security, to their concept of justice is through the elimination of all nonbelievers and the destruction of Western Civilization, a polity they view as evil incarnate and with which they cannot coexist.

And their freedom lies in martyrdom in pursuit of that cause.

There’s also this…laugher (because the alternative is tears):

We’ve combated violent extremism before. We know there are tools that work. …we combined our efforts most recently to fight Ebola.

Oh, and this aside:

There is no room for Islamophobia or anti-Semitism.

No one is arguing otherwise, especially regarding Islamophobia. Decrying Islamic terrorists and Islamic terrorism has nothing to do with Islamophobia. That argument is of a piece with President Barack Obama’s statement that we’re not at war with Islam. The one is Kerry’s straw man, and the other is Obama’s. They’ll have to play with their dollies without me.

As a man said not so long ago, in America everyone has the right to be stupid.  But when it’s an American in State exercising that right, it’s downright dangerous for all of us.

More Excessive Government

US financial regulators are focusing renewed attention on Wall Street pay and are designing rules to curb compensation packages that could encourage excessive risk taking.

Regulators are considering requiring certain employees within Wall Street firms hand back bonuses for egregious blunders or fraud as part of incentive compensation rules the 2010 Dodd-Frank law mandated be written, according to people familiar with the negotiations. Including such a “clawback” provision in the rules would go beyond what regulators first proposed in 2011 but never finalized.

Congress created a bureaucracy, and it expanded it enormously with that Dodd-Frank. Now the bureaucrats have to do something to justify their existence. Regulators gotta regulate. And so we get this.

Never mind that the free market is a fine regulator, and “certain employees” and their “Wall Street firms” employers will be severely and promptly regulated when those excessive risks fail.

Government intrusion isn’t just not needed, though, it’s counterproductive. Now businesses, on and off Wall Street, will incur additional costs as they seek compliance, additional costs as they seek work-arounds, additional costs from the expanded field for nuisance suits (and legally legitimate ones), additional costs as they’re forced to negotiate even more complex compensation packages in order to hire the best, rather than the second best.

Such regulatory nonsense also is in large part duplicative and so wasteful. For instance:

Some banks are already voluntarily recouping money from employees who engage in misconduct or excessive risk.

We already have adequate laws (not regulations) on the books to handle both criminal and civil misconduct. Additional regulation here would be useless.

Too, that some businesses think such procedures are appropriate for them does not at all justify government interfering to impose such procedures on all of business.

Update: Corrected a typo in the third paragraph: Government intrusion isn’t just not needed….  <sigh>