Tag: Nanny State
Fed ED Flunks

One of the leading claims proponents made for establishing a US Department of Education was that state and local citizens simply couldn’t be trusted with education. What proponents leave out, of course, is any rational explanation why DC bureaucrats know better than we hoi polloi taxpayers and parents. A recent column by Santa Clara…
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Warren Buffet’s Non Sequitur on Taxes

Here’s an article about Warren Buffet’s well-known view that the rich should pay more in taxes.  His bottom-line argument is, “If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.”  I don’t disagree. My disagreement with Buffet is the implication that being…
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Wall Street Enabled Detroit’s Collapse?

USA Today published a book review of Nathan Bomey’s book, Detroit Resurrected: To Bankruptcy and Back.  I haven’t read the book (which just came out today), so my gripe isn’t with the book but with the spin USA Today is putting on it, starting with the title of the review: “How Wall Street enabled…
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What Is Consent? Edison’s Light Bulb

Back in 2006, Congress passed a “green” law to save energy by replacing the warm light of the incandescent bulb with alternative bulbs (not so friendly to the eyes or the pocketbook). Did Americans truly “consent” to the elimination of this light bulb? Almost no one knew their lawmakers passed this law. Moreover, the expensive, ugly-lit light bulbs regulators wanted Americans to buy were on sale for years. The problem was consumers – day after day, purchase after purchase – refused to consent to pay many times over for inferior light. Isn’t that a form of “consent” more responsive to the issue at hand than the passage of a law no one knew about?

Government Investment in Self-Driving Cars: Leading from Behind

The Obama administration announced that they were going to invest $4 billion in self-driving cars.  Why?  Private firms have already developed self-driving cars, and although none are available for purchase now, they are on their way with or without government involvement. Is this really a good use of our tax dollars?  What investments can…
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US Drug Laws Destabilize Other Nations

This article in USA Today is headlined, “El Salvador: World’s New Murder Capital.”  El Salvador’s murder rate is 104 per 100,000 population, and as the article notes, this is a national average.  “If you start looking at where the pockets of violence are, it’s shocking.” Why are things so bad in El Salvador?  The…
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Barack Obama: Firearms Industry’s Best Friend

For several years now, President Obama has been threatening to crack down on gun sales and gun ownership, and the result has been… more guns.  As this article notes, the firearms industry is booming (pardon my phraseology), largely because of the president’s anti-gun rhetoric.  Surely a man as perceptive as President Obama can see…
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The Stock Market Reacts to the Fed’s Interest Rate Hike

After the Fed’s November meeting, when the Fed decided not to hike interest rates, the stock market fell, indicating the disappointment of market participants.  As I noted at the time, because lower interest rates tend to raise asset prices, the market decline was an indication of disapproval from market participants. At the Fed’s December…
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Right Problem; Wrong Solution. Obama’s Push for Reduced Prison Sentences

President Obama is pushing for reductions in prison sentences for non-violent drug offenders.  As this article notes, the federal prison population is more than eight times higher today than in 1980, before the Reagan administration’s War on Drugs.  The United States has a larger share of its population behind bars than any other nation…
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College Campuses Are Not Gun-Free Zones

Wishing for something to be true does not make it true.  Declaring an area to be gun-free is wishful thinking.  We know campuses are not gun-free zones from the news reports of campus shootings. Declaring an area to be a gun-free zone discourages law-abiding citizens from carrying guns there, but it encourages people who…
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