Apr 212010
 

The ruling class worries that peaceful demonstrations might incite broader unrest? They want protestors to work without fanaticism?

No, this isn’t the American ruling class trying to maintain its hegemony against the rise of tea party activism. These are Russian rulers who are afraid of motorists who are protesting against special road privileges for VIPs.

Just the same, the Russian government could use the services of our Bill Clinton. He knows how to deal with these types of people, if you know what I mean.

His step to the national stage brought police surveillance and a mix of pressure and courtship by officials worried that his horn-honking activism might ignite broader unrest. He recalls the swift reaction when a participant on his group’s online forum suggested setting a car on fire in Red Square. Within minutes, Mr. Kanayev was summoned to Criminal Police headquarters. “It was just a joke,” he says he told his interrogators.

A Kremlin political operative approached, he says, and promised time on state-run television if he would stop the caravans. Another official, Sergey Shishkarev, who heads parliament’s transport committee, says he has offered to shape some of Mr. Kanayev’s ideas on tax and safety issues into legislation but warned the activist “to work without fanaticism.”

WSJ link here

Apr 202010
 

Sherrilyn Ifill, quoted at Politico.com:

“Republicans should be reaching out to address the legitimate concerns of tea party advocates and publicly denouncing the incendiary language and demonstrations that may contribute to a climate that encourages one person on the fringe to commit an unspeakable act.”

I’m not a Republican, but I believe in addressing the legitimate concerns of tea party advocates. And I wish to publicly denounce the incendiary language that contributes to a climate that encourages those on the fringe to commit unspeakable acts. More particularly, I denounce Bill Clinton’s incendiary language linking tea partiers to the Oklahoma City bombing, which could encourage moonbats on the fringe to commit the unspeakable act of infringing on our First Amendment freedoms.

Apr 192010
 

L Gordon Crovitz wrote an article in the WSJ headlined: “Is Internet Civility an Oxymoron? Unmoderated, anonymous comments on Web sites create more noise than wisdom.”

My response:

A few days ago Bill Clinton waged a neo-McCarthyite smear campaign against dissidents and protesters, trying to link their activity to the Oklahoma City bombing. I don’t think you can blame the Internet or anonymity for that kind of uncivil rhetoric.

Apr 182010
 

President Obama says he will veto any financial reform bill that doesn’t bring the derivatives market under control. If he really meant that, he would have vetoed the recent health bill.

Derivatives are a problem in that they obscure what it is a purchaser owns. It’s hard to know how to value them, which makes it difficult for buyer, seller, and regulator. They create opportunities for market distortions.

The same is true of the health care bill. Supposedly there is some pie in the sky that’s going to repay the investment of higher taxes that we’ll be making. But it’s all so vague — it’s hard to connect value and payments in any accountable way. The health care plan should have been subject to the same scrutiny and controls (and perhaps prohibitions) that are needed in the securities market.

Apr 172010
 

Bill Clinton says words matter. From an AP article:

“By all means keep fighting, by all means, keep arguing,” he said. “But remember, words have consequences as much as actions do, and what we advocate, commensurate with our position and responsibility, we have to take responsibility for. We owe that to Oklahoma City.”

This, of course, is the president who exuded the aura of a B-movie gangster every time he spoke, and never more so than when he said this in 1995:

“The most important thing we can do to make your father [a member of the national police force] safer is to have everybody in this room, whatever their political party or their views, stand up and say it is wrong to condemn people who are out there doing their job and wrong to threaten them. When you hear somebody doing it, you ought to stand up and double up your fist and stick it in the sky and shout them down.”

Of course, if Clinton had read the Bill of Rights, he would have learned that it is NOT wrong to criticize federal employees who are doing their jobs. And if he was a man who was careful with his words, he would not have said that the response to people who threaten actual harm (as opposed to criticism) of national police officers is not to have a mob outshout them.

And if he was really, really careful of what he was saying, he would not try to do something so sleazy as to link dissent with the Oklahoma City bombing.

The AP article mentioned none of this, btw. I’m guessing it put out the article without bothering to get the response of other politicians to Clinton’s words.

Apr 132010
 

Blog item at the WSJ:

Anybody who thinks the European Union will cut its mammoth annual aid package for farmers — at $70 billion, the equivalent of an AIG bailout every year — should listen to new EU farm commissioner Dacian Ciolos.

My response:

Joe Stalin liquidated his kulaks. Other industrial countries have dealt with the problem by turning them into welfare queens.

Which method is more effective? Discuss.

Apr 112010
 

Fred Barnes has written an aptly titled article for the April 5-12 issue of The Weekly Standard: “Economics for Dummies.” It’s about “Nancy Pelosi’s cockamamie ideas.” Nancy does have a lot of those, but the dummy in this case is Fred Barnes.

(BTW, this may be the first and last time I’m going to say anything about Nancy Pelosi that isn’t critical of her.)

The dummy part is where Barnes says this:

So far as I know, Pelosi is the first person in the universe to regard the lack of portability of health insurance as a deathblow to entrepreneurship. This idea is, to put it mildly, farfetched. Is there evidence that budding entrepreneurs have been deterred by the fear of losing health insurance for a spell? Don’t bet on it. Are future Michael Dells or Ted Turners or Pierre Omidyars suppressing their entrepreneurial juices because their doctor visits aren’t covered? Please.

Pelosi, as is the habit of Democrats, cited an uncheckable and probably imaginary case. “If they had a child with diabetes who was bipolar … they would be job-locked,” she insisted. Maybe so. But a job-locked entrepreneur? It’s surely overkill to revolutionize our entire health care system for the sake of that rare bird. Besides, there’s COBRA, the federal law that permits an employee who quits to stay insured for months.

Barnes is way out of touch. Pelosi is NOT the first person in the universe to regard the lack of portability of health insurance as a hindrance to entrepreneurship. (“Hindrance” is a fairer way of characterizing her words than “deathblow.”) I’m not the first, either. All Barnes would have to do is get out and talk to people who work for large organizations that provide health benefits. Talk to them about their plans and aspirations. He would find no end of people who stay where they are because of health insurance, instead of striking out for something new and different, sometimes to start their own business — just like Nancy Pelosi describes.

If there could be any saving grace to nationalized health insurance, it would be in making health insurance more portable. Unfortunately, all the negatives about the Democrats’ way of going about it are going to cancel out any vestige of the benefits of the portability that Pelosi talks about. But she is absolutely correct in linking “entrepreneurial power” with greater portability in health insurance. If Democrats had concentrated on that and had really meant it, they could have devised a national plan that would have harnessed the power of markets to give us portability and lower costs, too, instead of creating a bigger and more fearsome monster than the one we have now.

Well, Democrats aren’t going to do anything to harness the power of markets or anything that will give people more choices. Their game is power. They have a psychological and political need for dependency, which means they’re not really going to do anything to encourage entrepreneurship, any more than Stalin tried to encourage the kulaks. But we should give Nancy Pelosi credit for at least talking a better game than the Barnes-type Republicans.

Barnes asked, “Are future Michael Dells or Ted Turners or Pierre Omidyars suppressing their entrepreneurial juices because their doctor visits aren’t covered? Please.”

The answer is yes, some future entrepreneurs will suppress their entrepreneurial juices due to the fear of losing health insurance for a spell. Some people will not risk dropping their employer-paid insurance and then incurring family difficulties that will constitute pre-existing conditions if they try to get it back in a few years. And not all entrepreneurs are people with the resources of Michael Dell or Ted Turner, nor should they have to be. Nor should we think only of those high-profile people when we think of entrepreneurs. We should also think of Joe Plumber and other people who don’t travel in Barnes’ rarified atmosphere.

And what’s even more amazing (and stupid) is that Fred Barnes thinks the health care debate is about having doctor visits covered. If it was just a matter of doctor visits, health care would not be 17 percent of our economy and growing. It makes you wonder if Barnes was hiding under a rock the past few decades while these things have been discussed. I’ll put his remark in the same category as Hillary Clinton’s, “I can’t be responsible for every undercapitalized business.”

Barnes refers to COBRA. But COBRA lasts only a relatively short time. We should expect entrepreneurs to be able to think a little further down the road than that. They have to be long-term planners who think ahead to more than the next paycheck, or they’re not going to be entrepreneurs. COBRA is one of those Democrat-devised things that was intended to keep people in dependence on the good graces of the government, as a way to avoid putting market forces to work to create truly affordable, portable, and accessible health care. It’s kind of strange for Barnes to be praising one of the Democrats’ Rube Goldberg devices in defense of another.

If the reason that Republicans pushed their better ideas only half-heartedly is because they were thinking like Fred Barnes, we can put a large share of the blame for the monstrosity that was just passed on Republicans. Such a head-in-the-sand attitude is going to drive people to desperate solutions — even solutions that will make matters worse. Which is what got enacted just last month.

Barnes is a dummy.

Apr 112010
 

I’ll bet comic strip artist Cathy Guisewite hasn’t been to any tea parties lately. If she had been, her April 11 strip (as seen at ArcaMax Publishing) would have had a longer list than:

  • the wall street bunglers
  • the nasdaq knuckleheads
  • the oil company crooks
  • the mortgage company schnooks

But it’s OK. Her comic strips usually have more than enough words as it is.