From TaxProf Blog via Instapundit:
The untold story is that redistribution of income is, by and large, not designed to help the poor but to preserve social stability on behalf of the rich (or a portion of them). It’s like Guido Calabresi used to tell his students on the first day of classes at Yale. Are you in favor of high taxes? Yes. Are you in favor of high spending? Yes. Do you want to see your seats at Yale redistributed to people with lower test scores? Silence. Aha, he would say, you just want to redistribute other people’s advantages, not your own.
Freakin’ Liberal Leftists!
80% of all people who pay no taxes are in favor of raising taxes on those who do pay taxes.
This is not a scientific poll. I asked 5 people who I didn’t think pay any taxes tonight while having a couple of beers after going to workout* at the Y.
* Where workout = a solid rotation of hot tub, sauna and steam room.
Ask anyone on the street if they would be willing to see the needy get the medical care they need and the answer is a massive “Hell yeah!”. But ask them HOW that is to happen and you get a whole bunch of, “Hell, I da’know.”.
And so’s the quandary of the average American.
And so it is, when faced with work, and love, and school and bills and and and…we are willing, almost demanding, that this burden be taken from us and handled by someone else. The Genesis. The lightning striking the mud.
The government’s credit rating was cut today. For the first time in the history of the planet the United States of America is no longer a sure bet on it’s credit. To be sure, AA+ isn’t nothin to sneeze at, but it’s not, ahem, Money.
S&P cut the long-term U.S. credit rating by one notch to AA-plus on concerns about the government’s budget deficits and rising debt burden. The move is likely to raise borrowing costs eventually for the American government, companies and consumers.
And the why:
“The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics,” S&P said in a statement.
The deal reached by Congress and signed by the President doesn’t do anything about our fiscal woes. Cries from the Left that we aren’t raising revenue ring hollow as the United States regularly see year over year revenue gains of over 7%; revenue is NOT the trouble.
Spending is the problem.
And the liberal Left will not listen and take action. They continue down the path that somehow someone isn’t paying their fair share yet irresponsibly care to put pen to paper and define what that fair share really is.
What we are seeing now is the natural result of the kind of quasi socialism that exists in the world today.
The Tea Party is right.
The irony is just too much.
It seems not so long ago that a mad-man did the unspeakable. He took a gun and fired it. Lots of times. People died and a nation changed, and a dialogue on dialogue began.
And it got kinda personal.
It turns out that this global economy has implications. Namely that money is movable and flexible. The other implication is that government is seen as damage and as much as possible people will avoid it; even uber-liberal ones like George Soros.
“It emerged that George Soros is to close his hedge fund to outside investors and will refund $1 billion to those who have put in money. The prominent financier blames new regulations that require investment advisors to register with the SEC.”
“This is an excuse. The budget deficit is an excuse for the Republicans to undermine government plain and simple. They don’t just want to make cuts, they want to destroy. They want to destroy food safety, clean air, clean water, the department of education. They want to destroy your rights.”
The federal government has spent years considering whether to take steps to help keep dangerous strains of E. coli bacteria out of the food supply, a question that has become even more urgent in the face of a deadly wave of E. coli sickness that swept through Europe and raised alarms on both sides of the Atlantic.
Now, two major American companies, Costco Wholesale and Beef Products Inc., have gotten tired of waiting for regulators to act. They are proceeding with their own plans to protect customers.
Last month, Costco, one of the nation’s largest food retailers, quietly began requiring its suppliers of bagged produce, including salad greens and mixes, apple slices and baby carrots, to test for a broad range of toxic E. coli.
“We know this is where we have to go and there’s no reason to wait,” said Craig Wilson, the food safety director of Costco. In the last two weeks, he said, most produce suppliers have added a test that can detect the strain from the European outbreak as well.
We don’t need government to test our food.
Milton Friedman in a knockout.
So, last we spoke about Jon Stewart, I was complaining that he let Weiner off the hook. I made mention of this fact because I felt that Jon is Liberal, Anthony is Liberal and so, Jon let him free. In retrospect I suspect that the reason Jon Stewart went easy on Anthony Weiner was because the two are friends.
But tonight I’m catching up on my “The Daily Show” and Jon is mocking Chris Wallace and his interview of Stewart.
In that interview, Jon asks Chris, “Do you think I’m an ideological partisan activist?”
Chris answered, “Yes.”
And Stewart responded that he disagreed with Wallace.
Jon devouts hours of his time to the mocking of Fox News for being “unbalanced.” A view I happen to agree with. It’s clear that Fox takes the conservative “side” in the reporting of the news. And if Jon felt that he needed to defend his honor in being a comic that comes across as a neutral player, you would think that he would mock MSNBC for the same bias tendencies that Fix has.
None. Nary a word.
MSNBC? Maddow? Matthews? Obelrman?
Stewart is a partisan hack. He’s funny and talented. To be very clear, he’s VERY talented.
But he’s a hack.
I was wrong, Jon didn’t blink; he winked.
First, out of the gate: Unions are loathsome awful things.
They produce nothing; create nothing.
They drain resources from the companies they work for and inhibit growth and expansion.
They do this by appealing to the populist message that unions protect the worker, the everyday guy gettin’ ‘er done.
Fair wage, safe conditions and equality for all.
But it’s not true. Precious little of it is true.
Government has no place in the market. In so much that the government needs to spend money on things that constitute the proper role of government, there is nothing that the State does that is expressly efficient.
The State is unable to address the needs and/or wants of the populace well enough to signal an efficient use of scare resources; resources that have alternative uses. The government can, by force of gun or sword, dictate where money is spent, to be sure. But that government has neither the ability or will to intuit that “will of the people who is the mark of a dynamic market.
What does this mean?
It means the government is incapable of spending your money better than you are.