Monthly Archives: February 2015

A Fatal Flaw

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In a piece for Wired, FCC MFWIC Tom Wheeler offered rationalization for his decision to dismantle the Internet. He opened his apologia with this remarkable claim:

This proposal is rooted in long-standing regulatory principles….

That’s the problem. Regulatory “principles” proceed from the assumption that government regulation is a universal and primary good.

Of course, that’s precisely backward—and backwards. A free market is almost universally self-regulating: make a bad product, people find out and stop buying—the producer goes out of business. Lie about a product, people find out and stop buying—even if the product itself might be sound—and the producer or seller goes out of business. And so on.

Almost universally: yes, there are conditions within which government regulation is warranted. But such regulation must proceed from the fundamental assumption that regulating is bad or unnecessary, and the regulation proposer must prove—not merely justify—why this proposed regulation is necessary (not merely useful in some sense).

Wheeler’s regulatory travesty must be halted. Even its mere suggestion is sound reason for Congress to act—perhaps unsuccessfully until 2017 with a Republican President, too—now to reign in, to severely circumscribe, the regulatory authority of all Departments and Agencies.

News Media

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First, there was Dan Rather and his nakedly falsified National Guard document, which he used on his 60 Minutes show to attempt to smear President George Bush the Younger.

Then there’s the constant smear campaign against folks like Governor Sarah Palin and the Tea Party as racists.

There’s the blatantly biased coverage of the Ferguson shooting.

Now there’s Brian Williams.

Brian Williams, the nation’s top-rated news anchor, has admitted fabricating a tale of being forced down by enemy fire in a helicopter over Iraq a dozen years ago.

Williams apologized on the air Wednesday evening, saying: “I made a mistake in recalling the events of 12 years ago.”

A lie is just a mistake, is it? Well, yeah, if…recognition…of it by the perp comes 2 years after the lie, it’s of personal interest to the liar to play down the lie, and it’s a journalist doing the down-play. He did, finally, tell the Stars and Stripes straight up that

I think the constant viewing of the video showing us inspecting the impact area—and the fog of memory over 12 years—made me conflate the two, and I apologize.

He only made the statement, though, after he’d been caught out by the helicopter crewman who were there—the ones who actually had been shot down by Iraqi ground fire.

He also said:

I would not have chosen to make this mistake. I don’t know what screwed up in my mind that caused me to conflate one aircraft with another.

Except he did choose exactly that. Besides, how does one “conflate” the helicopter one’s in with another helicopter an hour and some miles away?

Is there anyone on the Left News Media who’s an honest journalist?

Oh, yeah: there’s also the woman who used to sit in the Secretary of State’s chair, Hillary Clinton, who lied about taking sniper fire in Bosnia.

And President Barack Obama’s repeated lies about Obamacare (and nearly everything else about his administration’s policies).

Is there anyone on the Left who’s honest?

The Party of Stupid on the Right

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A group of young conservatives, dubbed “reformicons,” are making inroads among Republican presidential candidates by arguing the party’s traditional reliance on broad-based tax cuts…isn’t enough to cure middle-class woes.
Instead, they are calling for crafting subsidies, tax credits, and other public-policy tools based on conservative philosophies and tastes to help the unemployed and other struggling middle-income households.

And

“For the past 10 years, our biggest issue was whether the top tax rate was 35% or 39.5%. I don’t care anymore,” said Michael Strain, 33 years old and an economist at the American Enterprise Institute think tank. One of his ideas gaining fans on the right: let employers pay some workers less than the minimum wage as an inducement to hire them and use the federal tax code to bump up salaries.

Leaving aside the abject surrender inherent in that “I don’t care” bleat, Strain’s small point—letting employers pay below-minimum wage rates under certain circumstances—is better achieved by curbing yet another government interference in the market, by getting rid of the minimum wage altogether.

Bob Davis’ article in The Wall Street Journal goes on in this vein, but you get the idea.

The larger point, though, is that these reformicons’ ideas are foolish. Using the tax code for social engineering or for favoring some Americans—which can come only at the expense of other Americans—is an inefficient and immoral use of people’s money. Even when it favors those Americans whom Republicans and Conservatives favor.

Government interference in the free market only inhibits the market, only caps what used to be equal opportunity, only reduces prosperity to the lowest common denominator rather than increasing the general prosperity by elevating the lowest common denominator.

These reformicons’ policies, worse, will only exacerbate the byzantine structure of our tax code and make it even harder to get to a single, low tax rate that every citizen pays; a rate based on all income, regardless of source and devoid of special treatment based on that income’s source; a rate devoid of gerrymandering with tax credits here, subsidies there, loopholes over there. A fair tax rate.

Threats

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Russian-backed rebels in eastern Ukraine and Russian troops there have renewed their offensive in an effort to expand their hold on the oblast of Donetsk and to seize the Ukrainian Sea of Azov port city of Mariupol as part of opening a land bridge from Russia to Russian-occupied Crimea. In response to this, western European leaders and President Barack Obama are making noises about extending existing sanctions and, perhaps, broadening them to include cutting Russia off from the international financial system. In response to this, Russia threatens.

Prime Minister Dmitry Medvedev said on Jan 27 that if Russia is cut off from the Swift international payment system as punishment for its actions in Ukraine, its response “will know no limits.” Andrei Kostin, the head of VTB, Russia’s second-largest bank, said excluding Russia from Swift would mean “war.” Igor Ivanov, the former foreign minister, said that a confrontation could involve nuclear weapons.

These are people with whom negotiation is impossible, with whom a negotiated withdrawal of Russia from Ukraine cannot be had.

Threats such as these should make any response impossible other than cutting Russia off from Swift, promptly. And arming Ukraine so they can defend themselves from this Russian aggression.