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Accountability free trade & free markets insider corruption national politics & policies responsibility

United States of Corruption

When Hillary Clinton assured her insider sponsors (as we learned through WikiLeaks) that there would be a crucial difference between what she tells the people and what her actual policies would be, she was not merely admitting to a private and a public face.

The President is legally, and by honor, bound to serve the American people, not Goldman-Sachs. What she was confessing to was more than the mere appearance of a conflict of interests.

She boasted a plan of betrayal.

In that light, President-elect Donald Trump’s international business deals seem . . . what? His first diplomatic meeting — with Japanese Prime Minister Shinzo Abe — included his daughter and partner-in-business Ivanka.

It seems to at least wander into conflict-of-interest territory, if not stake claim and hoist up a flag proclaiming Trumpistan America!

So I was very pleased, yesterday, when the President-elect vowed to step out from the running of his global business and branding empire.

Earlier, he had brushed off conflict-of-interest concerns, saying he could run his empire and . . . ours.

Apparently, his new White House appointees have convinced him that this business dealing while President was a huge problem. “I feel it is visually important,” he explained Wednesday morning, “as president, to in no way have a conflict of interest with my various businesses.”

Thanks, Steve Bannon?

Or, maybe, Mitt Romney, with whom he dined* the night before?

I hope Mr. Trump follows through with this, as well as distance himself from business partner Ivanka as unofficial policy advisor.

Americans did not reject Corrupt Hillary only to wind up with a Corrupt Trump set.

This is Common Sense. I’m Paul Jacob.


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Romney, Trump, crow, corruption, dinner, illustration

 

Categories
ideological culture national politics & policies political challengers

Polled American!

More people view Mitt Romney unfavorably (49 percent) than view Barack Obama unfavorably (45 percent), according to the most recent Reason-Rupe Poll. This, despite Romney being the challenger, while President Obama must live down his sorry record.

By this measure, and others in the poll, Obama’s re-election seems ever more likely. And if you think that’s depressing, wait till you read about the general views of taxing the rich more. The “soak the rich” mentality remains quite strong. But some of this “the rich don’t pay their fair share” notion is based on misinformation. Get a load of this:

Last year, the government collected about $1.8 trillion dollars in income tax revenue. If you were to estimate, about what PERCENTAGE of this total tax revenue do you think the top 5 percent of households probably contributed? Would you say…

<1% . . . . . . . . . . . . . . . . . . .  3%

1% to less than 20% . . . . . . . 29%

20% to less than 40% . . . . . . 19%

40% to less than 60% . . . . . . 15%

60% to less than 80% . . . . . . 11%

80% or more . . . . . . . . . . . . . 8%

Don’t Know/Refused . . . . . . . 16%

The truth is that America’s Top 5 percenters pay more than 60 percent of income taxes collected. The vast majority of those polled (66 percent) thought the Top 5 should pay less than they currently do.

I’m not going out on a limb, here, to infer a lesson: Were Americans to learn a few more truths about their government, about taxes, and (hey, why not?) real life, they might change their minds on a few crucial political notions.

Education — and by this I don’t mean schooling — is obviously important to political betterment.

This is Common Sense. I’m Paul Jacob.

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ideological culture too much government

Togetherness

“We’re all in this together,” folks say. I’ve even said it. But are we?

Yesterday, I discussed Mitt Romney’s secretly recorded comments on the “47 percent” he believes are hell-bent on supporting President Obama . . . and an apparently different 47 percent not paying federal income taxes. Romney expressed a not unreasonable fear that government bailouts and handouts and entitlements will cause dependency, and there will come a breaking point where those working and producing will be unable to shoulder that burden.

But Mr. Romney shouldn’t go along with the bifurcation of the American public facilitated by the structure of the federal income tax and the payroll taxes for Social Security and Medicare. Most people of all incomes are paying a lot more in taxes than they should have to, even when they do not pay federal income taxes.

Moreover, while no doubt some folks wallow in dependency through welfare or crony insider deals, the vast majority of Americans desire to stand on their own two feet. Part of the 47 percent not paying income taxes are people on Social Security, as noted in an online comment by John C. Bisely:

To lump Social Security in with the other parasites is very disturbing to me. I didn’t ask for SS, it was a government run insurance for my retirement that made sense, actually. The politicians used it as a cash cow and stole billions to buy votes — plus the fact, I gave them real dollars at the time I paid into it and they give me, inflated fiat!!!

Mr. Bisely, like most Americans, is not a parasite. He’s earned his way in this world. He deserves a less parasitic government.

This is Common Sense. I’m Paul Jacob.

Categories
ideological culture national politics & policies political challengers too much government

Bite the Hand

I’m not sure there’s much percentage in talking about percentages.

Divvying folks into groups, and then relying on people to “stay” within their group — behaving according to one’s specifications — seems . . . kind of creepy.

Last year’s “Occupy” movement, with its relentless pitching of the “99 percent,” demonstrated that creepy/icky factor pretty well.

But Mitt Romney had to horn in on the action. “There are 47 percent of the people who will vote for the president no matter what,” he said. These wards of the state, he went on to say, believe that

  • they are victims
  • government has a responsibility to care for them
  • they are entitled to health care, to food, to housing, to you-name-it

Furthermore, “these are people who pay no income tax,” Romney stated. “I’ll never convince them they should take personal responsibility and care for their lives.”

Well, not all folks who are somehow “dependent on government” — a group ranging from Social Security retirees and the non-working poor to federal employees and agribusinesses and Solyndras feeding at the federal trough — necessarily want to increase their own ranks. Not a few are savvy enough to notice that the system that feeds them would, if larded up with more recipients, be made less capable of feeding them.

As for the logic of “not biting the hand that feeds you,” the advice of the late Thomas Szasz is pertinent: “maybe you should, if it prevents you from feeding yourself.”

After all, many of the people who may qualify, technically, as being “dependent on government” would rather not be. And might like the option of being less encumbered by government “help.”

Mitt, I wouldn’t write them off yet.

This is Common Sense. I’m Paul Jacob.

Categories
national politics & policies political challengers

The Punisher Vote

As bad weather and thousands of good Republicans descend upon Florida, it’s worth keeping perspective: The best (and perhaps only) reason to vote for Mitt Romney is the same as the best/only reason Americans had to vote for Barack Obama in 2008: to punish the party previously in power.

The excesses of united Republican government in the mid-oughts, and the sheer irresponsibility and insider bias in the lame duck Bush years, as the GOP president panicked and turned Wall Street into the largest welfare queen class in America, required punishment.

Americans wanted a change. So they voted, understandably, for the man who promised change.

But what did they get?

Bush had pushed in a new welfare “entitlement” program; so did Obama and the Democrats. Bush had pushed bailouts for the wealthy and the protected; so did Obama and the Democrats. Bush had pushed war and occupation and “nation building”; so did Obama and the Democrats. Bush had presided over deficits and a rising debt; so did Obama and the Democrats.

Turnabout being not merely fair play, but the will of the pendulum to swing back, it seems like voting against Obama is what is in order. It seems almost ineluctable.

But, uh, there’s a problem. Is Romney electable?

Both major parties tend to throw up lackluster candidates when the opposition has an incumbent in the White House. Take three examples: Walter Mondale, Bob Dole, and John Kerry, paragons of pointlessness.

But, this time, a pointless challenger has history endow him with a point: Obama and the Democrats deserve to be punished.

Not much of a platform? True. But it’s something.

This is Common Sense. I’m Paul Jacob.

Categories
video

Video: Ryan’s “Path to Prosperity”

“Washington has not been telling you the truth,” says Rep. Paul Ryan — Mitt Romney’s selection for his running mate:

Consider what he offers, following up with the rest of the video in its second and third installments.

But take caution. Rep. Ryan’s plan is very slow to take effect, if what you are aiming for is balanced budgets. And as David Boaz has argued, it’s a good example of Republican “me-tooism,” of offering Democratic policy at an allegedly discounted price.

Contrary to what we are often told, there’s nothing radical about Ryan’s plan. Indeed, it’s so non-radical, it makes him a perfect fit with Mitt Romney’s presidential bid. Of course, scuttlebutt has it that Romney will put forth his own, distinct plan, no doubt building on Ryan’s — and we will see what that is, whether it strengthens or weakens Ryan’s approach.