Category: insider corruption

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Accountability general freedom government transparency incumbents insider corruption local leaders moral hazard national politics & policies term limits

“Dorky” Doesn’t Define It

term limits, Congress, myth, power, corruption

“Term limits,” said Daniel McCarthy, editor of The Modern Age, in a recent podcast conversation with historian Tom Woods, “was one of the dorkiest ideas of the 1994 so-called Newt Gingrich revolution.”

He characterized it as not having really gone anywhere.

Huh?

Granted, Congress is still not term-limited. But Americans in 15 states — including California, Colorado, Florida, Michigan, and Ohio, and representing 37 percent of the nation’s population — do enjoy term-limited state legislatures.*

And it sure wasn’t Newt Gingrich’s idea. Gingrich opposed it.

McCarthy repeats the old chestnut that what term limitation “winds up doing is actually weakening Congress and congresspeople in particular — relative to their own staff, who stay in Congress and become sort of experts and learn how to manipulate their congressman, and also relative to the executive branch who have people rotate in from time to time.”

Nifty theory — one very popular with politicians, who know that voters fear unelected influences on legislation.

The reality, however, is that Congress, designed by the Constitution’s framers to be both most powerful and closest to the people‚ is, today, the weakest branch.

And legislators are not term limited.

Ditch the “manipulation theory”; adopt a “collaboration theory”: legislators with Methuselah-long careers learn, sans “rotation in office,” to feather their own nests and those of the interest groups that fund their re-elections (and insider trading schemes).

Term limits remain popular with normal Americans because voters intuitively grasp the reality of such everyday corruption, which is directly tied to Congress having sloughed off so much constitutional responsibility.

We need term limits to restore a Congress sold out by professional politicians.

This is Common Sense. I’m Paul Jacob.

 

* Nine of the ten largest cities in America likewise have termed-limited their elected officeholders. For more information, see the links to the column from which this episode of Common Sense is condensed.

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Accountability government transparency insider corruption local leaders media and media people nannyism national politics & policies political challengers Regulating Protest responsibility

Not Fine with Feinstein?

Sen. Dianne Feinstein, Democrat of California, election, candidate, California, Democratic Party, money, campaign

Could it be that Sen. Dianne Feinstein, Democrat of California, may not be liberal enough?

The San Francisco Democrat has ostensibly represented the Golden State in the United States Senate for the last 26 years. Before that, Feinstein spent eight years on San Francisco’s Board of Supervisors and then a decade as mayor.

Now, after 44 consecutive years as a public official, what does the 85-year-old Feinstein seek? More. That is, another six-year lease on her powerful perch in the U.S. Senate.

But the Executive Board of the California Democratic Party — Feinstein’s Party — just said, “No way!”

A whopping 65 percent of the 333-member board opted for State Sen. Kevin de León, a fellow Democrat seen as more “progressive.” Only seven percent supported endorsing Feinstein.

Keep in mind that Feinstein is already on the November ballot. She was the leading vote-getter in California’s primary last month. Yet, she received only 44 percent of the vote: a majority does favor someone else.

In February, 2,700 activists at the State Democratic Party Convention in San Diego voted 54 to 37 percent for State Sen. De León over U.S. Sen. Feinstein.

“Feinstein, who spends much of her time in Washington, has had a distant relationship with party activists for years,” noted the Los Angeles Times report.

Still, what Democratic Party activists want may not matter so much. Mrs. Feinstein enjoys tremendous name recognition and, according to the Times, has “$7 million in campaign cash socked away as of May, ten times what De León had.”

That money seems to be Sen. Feinstein’s real base of support.

This is Common Sense. I’m Paul Jacob.

 

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general freedom ideological culture insider corruption media and media people national politics & policies political challengers

Plantation Revolt

#Walkaway, voters, conservatives, culture, liberals, twitter, Facebook, Brendan Straka,

The #Walkaway movement started with Brendan Straka, who proclaimed that his tribe — the liberal Left — had become “intolerant, inflexible, illogical, hateful, misguided, ill-informed, un-American, hypocritical, menacing, callous, ignorant, narrow-minded, and, at times, blatantly fascistic.”

Mr. Straka’s beef — and the general tenor of the pile-on Twitterstorm — was not about Democratic Party policy, as Scott Adams noted. It was about the left-of-center movement’s rhetorical/propagandistic rut. Since the election of Donald Trump, Democrats had come to rely almost exclusively on the feeding of frenzy by psychological manipulation, by ginning up fear.

Straka’s appeal to “walk away” became a hit, especially amongst those “racial, sexual, and religious minorities in America” that he says the Democrats have treated as if they owned.

Yet the Washington Post pooh-poohs the trend as just a social media blip — over-hyped by the very nature of the medium itself.

Plausible?

David Catron says no. Before the #WalkAway movement, he writes in The American Spectator, African-American voters had already walked away from Hillary Clinton’s candidacy in enough numbers to allow Trump his victory. And this bodes badly for the Democratic Party, for, as Catron quotes YouTube sensation Candace Owens, “I’ve seen black liberals go conservative, but never seen a black conservative go liberal.”

It doesn’t take many defections, says Carton: “All that is needed is about 5 percent more African-Americans to vote Republican and another 5 to 10 percent to simply stay home.”

But be warned: wishful thinking and Straka’s litany of political vices — “groupthink, hypocrisy, division, stereotyping, resentment” — can overtake any movement pretty quickly.

Anti-leftists in general and Republicans in particular are not immune to mass mania and suicide-by-panic.

This is Common Sense. I’m Paul Jacob.

 

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Accountability general freedom ideological culture insider corruption media and media people property rights Regulating Protest

Ortega’s Got to Go

Daniel Ortega, Nicaragua, rebellion, atrocity, protest, violence

Sometimes “if it bleeds, it leads” fails us. Only a few news outlets have given much attention to Nicaragua’s ongoing atrocities.

Weeks ago, mothers of some of the 76 people, mainly students, already killed protesting despot Daniel Ortega, were leading a march demanding justice . . . “when gunmen opened fire on the crowd.” The Washington Post report continued, “Witnesses have accused police and their civilian allies of initiating the violence that left as many as 18 people dead and more than 200 wounded.”

The June 2 headline summed up the last seven weeks: “At least 100 killed in Nicaragua as political violence intensifies.”

But time and tyranny march on. “Every day they’re killing more people,” an attorney with the Nicaraguan Center for Human Rights told the Post. Friday, the group updated the death toll to 137.

Then on Saturday, the English-language Today Nicaragua informed that a 60-year-old man was cut down by a government sniper in Masaya, the former Sandinista stronghold, which is “now under almost total rebel control.”

What can we do?

We can educate ourselves on what’s happening — and pester more news organizations to cover Nicaragua.

We can learn from the experiences in Cuba, in Venezuela, and now in Nicaragua, that leaders seeking awesome powers to remake society to supposedly benefit the poor are ultimately batting zero in helping the poor. Instead, they’re busy at the plate for themselves.

And we can add our voices to Amnesty International’s condemnation of what it calls “the systematic ‘shoot-to-kill’ policy of President Ortega’s government.”

When governments open fire on peaceful protesters, it is past time for those governments to go.

This is Common Sense. I’m Paul Jacob.

 

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Accountability general freedom incumbents insider corruption local leaders moral hazard political challengers Regulating Protest term limits

Missouri Shows Article V Action

Missouri, show me, Article V, term limits, legislature, congress,

There’s good news and there’s good news from the Show Me State.

First the good news. The Missouri House declined to follow the lead of the Missouri Senate during its recent legislative session in advancing a ballot measure to make a travesty, mockery and sham of state legislative term limits.

The proposed weakening of the limits would have doubled maximum legislative tenure from eight years to 16 years. Further, it would also have excluded terms already served from counting toward the new limit.

Had the measure ultimately been enacted, some incumbents would have been able to sit in a single seat for up to 24 years. This assault on term limits is dead . . . at least until next year.

Now the good news. The lawmakers deserve high praise for issuing a formal call for an amendment convention to consider the single subject of congressional term limits, making Missouri the third state to do so (after Florida and Alabama). In mid-May, the resolution for a Term Limits Convention easily passed in both chambers.

Thanks to a provision in Article V of the Constitution, if two thirds of the states (34 states) submit a similar application to convene a term limits amendment convention, the convention must be convened. The amendment that the convention produces would then be submitted to the states for ratification. Three fourths (38) are required to ratify.

We’re only in the first-steps stage here, but first steps are crucial.

Thanks for showing us how to do it, Missouri.

This is Common Sense. I’m Paul Jacob.

 

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Missouri, show me, Article V, term limits, legislature, congress,

 

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Accountability crime and punishment folly free trade & free markets insider corruption media and media people moral hazard national politics & policies porkbarrel politics property rights responsibility too much government

Déjà vu All Over Again

housing, bust, financial, meltdown, Government-Backed Mortgages, jail, punishment, cause

One of the stand-bys of the post-2008 mortgage finance bust, at least from left-of-center policy mavens, has been to ask: why has no banker gone to prison? They played a game of fraud and got rich. What a protected class — Cronyism! Plutocracy! Capitalism!

The why is much easier to understand if you read up on Round Two of the aughts’ boom-bust scenario, as in Prashant Gopal’s coverage in Bloomberg, “Getting Rich on Government-Backed Mortgages.” Gopal spotlights a non-bank mortgage broker, Angelo Christian, who is making a killing selling houses to people with horrible credit, just as happened before 2008.

“Christian can do this kind of deal because he is, in effect, making the loan on behalf of the federal government through its most important affordable housing program,” Gopal writes. “It’s a sweet deal: He gets his nearly risk-free commission. [His client] puts no money down. If things go south, the government ultimately bears the risk.”

So, should he go to jail?

Not really. He’s merely doing Congress’s bidding.

Gopal notes that it is not banks that dominate this round. They are under too much scrutiny. But non-banking loan intermediaries like Mr. Christian are swarming like flies on a cow’s behind.

There’s a problem in Gopal’s account though. “No one is saying the system is close to another collapse.”

Well, plenty of people are saying that.

The Cassandras are just not being heeded.

Of course, they don’t know when the bust will happen.

They just know it will.

This is Common Sense. I’m Paul Jacob.

 

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Photo by Images Money on Flickr.