National Sovereignty

There’s sovereignty, and there’s sovereignty. Michael Graetz, in Thursday’s Wall Street Journal, talked about the European Union’s extra-legal tax crime creation and its retroactive application of its newly minted crime to a number of multinational corporations. Interestingly, the “felonious” multinationals are American, so far.

These companies’ offenses? Tax agreements they entered into with the governments of Luxembourg and the Netherlands (and with Ireland…).

Graetz went into considerable detail about the nature of the so-called crimes in his piece. What’s interesting to me, though, is that these agreements were entered into in good faith on both sides: the multinationals on the one side and supposedly sovereign nations’ governments on the other side. However, the European Commission says it’s sovereign over these nations, and their solemn agreements cannot be allowed to stand.

This is the price of doing business—or trying to do business in good faith—with a fundamentally socialist polity—even if that polity has not the sovereign superiority it purports to arrogate to itself. On the other hand, this is the damage done by erstwhile sovereign nations surrendering even a part of their sovereignty to a supra-national construct.

“Putin to Keep Up Pressure on Turkey Over Shootdown”

That’s the headline of a Thursday Wall Street Journal piece about Russian President Vladimir Putin continuing his dudgeon over Turkey’s having shot down one of his fighter-bombers for violating Turkish airspace.

For instance, Putin said this in his State of the Nation speech:

If anyone thinks that—after having committing such a heinous war crime of killing one of our people—[the consequences] will be limited to tomatoes or other restrictions in construction and other sectors, they are deeply mistaken[.]

It’s a pressure game I don’t think Putin can win, unless he’s prepared to go to a shooting war with Turkey. Russia isn’t the one who controls the egress route from the Black Sea, for instance. This is the route a significant amount of Russian trade must take to get into the Mediterranean and points beyond. This is the route significant fractions of reinforcements and resupply for Russian forces in Syria and of aid for Bashar al Assad’s rump Syria must take.

Turkey controls that egress route.

Private Property Rights and Asteroid Mining

The US Commercial Space Launch Competitiveness Act (the Space Act), which President Barack Obama signed shortly before Thanksgiving, acknowledges certain critical things regarding private enterprise and solar system resources. One of those critical things is this:

Any asteroid resources obtained in outer space are the property of the entity that obtained them, which shall be entitled to all property rights to them, consistent with applicable federal law and existing international obligations.

Naturally, others who lack the capacity to reach the asteroids (our own capacity, so far, is limited; the law was enacted in the expectation that our capacity would expand in the reasonably nearby future), demur from our new law: it violates international law, they claim. Sa’id Mosteshar, a Board Member of the London Institute of Space Policy and Law, is one such:

It is my opinion that any US entity obtaining asteroid resources would be in contravention of international law, as would the government for permitting it. The Treaties governing space activities do not give the US that right, and the US government cannot assign to its citizens rights that it does not have.

Indeed, he argues that the asteroids are

not subject to national appropriation.

Mosteshar is right, but he plainly doesn’t understand how wrong that makes him.

It isn’t government enterprise that would be doing the exploration and exploitation governed by the Space Act. It’s private enterprise.

We’ve understood since Locke articulated the concept all that time ago that governments don’t have rights to give or withhold. Already endowed in each individual one of us by dint of our existence is a set of rights. We then grant certain lesser rights, authorities, and privileges to our governments in order that those governments can do what they were created to do: protect those larger rights that are our endowment.

One of those rights is our property in our own bodies and the ownership that gives us—each of us as individuals—in the fruits of our labor. Hence Mosteshar’s correctness, which makes him so wrong. Private property rights are not governments’ to give; of course, the US government cannot assign to its citizens that right: we already have it. Private enterprise exploration and exploitation are not subject to national appropriation because it isn’t national at all: it’s…private. Private exploration and exploitation of off-Earth resources—the asteroids, for instance—in no way establishes a national claim on those resources or the results of their exploitation. It just obligates the nation to move to protect those private property rights, held by its citizens, against interference by others.

Hillary Clinton’s Tax Proposals

And she has lots of them. I’ll list her tax credit proposals here.

  • $1,200 to offset the costs incurred by a family member caring for an aging parent
  • $5,000, refundable (it’s paid even to those who aren’t paying any income tax), for out of pocket health costs
  • $1,500 “apprenticeship” for businesses who hire entry-level workers, per such hire
  • 15% of the value of bonuses paid out if businesses create employee cost-sharing programs, paid to those businesses
  • Unspecified amounts for low-income homeowners who install solar panels

She also wants to expand these extant wealth redistributing credits:

  • Child and Dependent Care Tax Credit
  • Work Opportunity Tax Credit
  • New Markets Tax Credit
  • American Opportunity Tax Credit
  • Wind, solar, ethanol tax credits

We don’t have enough pages to our tax code rules, you see, and we don’t have enough special exceptions to our tax rules and who pays—and who gets.

Never mind that none of this tax gerrymandering, none of this redistribution of OPM according to Progressive rules rather than the needs and wishes of those doing the earning, would be necessary with a low, flat rate tax code that admitted of no exceptions, no deductions, no credits, no loopholes, no gerrymandering; a tax code that would be used to fund government and not be abused for social engineering in accordance with Progressive demands.

A Bit About Global Warming

The climate panic-mongers need to explain some things. This, for instance, from Steven Mithen’s After the Ice: A Global Human History 20,000-5000 BC (quoted at Watts Up With That:

The next century of human-made global warming is predicted to be far less extreme than that which occurred at 9600 BC [11,600 BP]. At the end of the Younger Dryas, mean global temperature had risen by 7°C in fifty years, whereas the predicted rise for the next hundred years is less than 3°C. The end of the last ice age led to a 120 meter increase in sea level, whereas that predicted for the next fifty years is a paltry 32 centimeters at most,….

The timeline that opens the article at the link is complex, and it’s instructive. So is Andy May’s article at that link.