Considerettes

This is what you get when you try to soak the rich.

President Obama proposes to pay for his $447 billion jobs bill mainly by limiting tax deductions for wealthy Americans. Unfortunately, if enacted, this policy will likely dampen charitable giving and further shift perceived responsibility for social welfare from individual donors to the state.

The President’s plan calls for lowering the rate at which wealthy taxpayers can take itemized deductions—from the current rate of 35 percent down to 28 percent, beginning in 2013. The change would affect individuals making more than $200,000 (and families making more than $250,000) per year.

So how much would we be talking about?

The result of President Obama’s proposal will likely be several billion dollars in decreased revenue each year for hospitals, educational institutions, and nonprofits that help the poor. While giving would probably drop only a small percentage, the anticipated amount would total more than the combined annual operating budgets of the Ameri­can Cancer Society, World Vision, St. Jude Chil­dren’s Research Hospital, Habitat for Humanity, and the American Heart Association.

Those who are served by these institutions aren’t the only ones who would be hurt by decreased giving. Many people’s jobs would also be threatened.

Perhaps most importantly, Obama’s proposal sends the message that federal bureaucracy can deploy the resources of the wealthy more effectively than civil society can. Decreasing an incentive for charitable giving implies that the state should assume responsibility for people’s needs, even at the expense of vital nonprofit organizations. Churches, ministries, and other community-based institutions, however, are often better equipped to serve people in need. And they often do so at reduced costs.

If Republicans vote against this, be sure that this analysis will not be mentioned. Instead, by protecting charities, Republicans will be said to be "against jobs".

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I know I’m biased, but Romney was mopping the debate floor with Obama last night. Even on the ObamaCare vs RomneyCare situation, he’s came out on top.

Some of the big-name liberals were astonished as well. Jeff Jarvis, media critic at BuzzFeed tweeted, "How did Obama get backed into the corner defending the death panel?" Indeed, Sarah Palin deserves an apology. Bill Maher had to admit, "i can’t believe i’m saying this, but Obama looks like he DOES need a teleprompter". Markos Moulitsas of The Daily Kos top liberal blog lamented, "Nobody likes seeing a prevent defense in action, and that’s what Dems saw tonight."

Some good Tweets from the Right, too.

James Taranto: It’s a close one, but I’ll say Obama had a better night than Lehrer.

David Limbaugh: Again — listen to Obama- in almost every answer he focuses on what is and isn’t fair. He never addresses what will work esp 4 growht [sic] & debt

Blogger Ace of Spades quotes a pollster: Frank Luntz: "I have not had a group that swung this much. This is overwhelming for Romney. This is a big deal."

Again, I know I’m biased, but I think Romney won on substance as well as style; explaining the $716 billion he would put back in Medicare (and why), why RomneyCare was at least passed in a bipartisan way (as opposed to ObamaCare), and, as I said, getting Obama to admit and even defend "death panels".

It was a great first day of the rest of the campaign. Hopefully, this will translate into votes.

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A couple months ago I started a new project; a political and cultural opinion podcast where I say what I’m going to say in 10 minutes or less. It doesn’t require as much a time commitment from you to listen in, and I want to hear back and make it more of a conversation than a monologue.

Today I hit a milestone; the 10th episode. There’s something of a psychological part of this as well. Folks who keep track of such things say that if you get (on average) past episode 7, that seems to be a tipping point. Podcasts that get past that generally continue on. So here I am at 10, and hopefully we’ll just roll along, with your input.

My topics are usually varied, but this episode focuses on the Paul Ryan VP pick. Let me know what you think of that choice by either commenting on the show notes, on Twitter, Facebook, or Google+. You can even use that tried and true method; E-mail.

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“I would not have you exchange the gold of individual Christianity for the base metal of Christian Socialism.” – Charles Spurgeon. He had quite a bit to say on economic and political issues of the day, applicable to that day and this.

For those still blaming Bush for our economic situation, Paul Mirengoff reminds us that the housing  market collapse was the main cause of it, and the Bush administration tried to keep it from happening. Democrats would have none of that.

"The New York Police Department, the mayor and the city’s top prosecutors on Monday endorsed a proposal to decriminalize the open possession of small amounts of marijuana…." But the real scourge, Big Gulps, will not be tolerated.

A cautionary tale about hyper-partisanship.

Remember those advertisers that left the Limbaugh show after his remarks about Sandra Fluke? One big one tried to come crawling back, and Limbaugh just said No.

The Obama administration is against voter ID laws, but Michelle Obama herself required IDs to get a book signed. Irony. Meter. Pegging.

Austerity works, when it’s actually implemented. Just ask the European country who’s economy outpaced the average growth in the euro-zone by 500%, and has the only budget surplus there.

Obama actually was a member of a socialist political party while in Chicago. Stanley Kurtz of National Review has the documentation. Where was the mainstream media on this 4 years ago?

In case you heard otherwise, no, the Boy Scouts are not changing their policy on gay scouts and scout leaders.

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Whenever I try to give credit to Ronald Reagan for participating in the fall of the Soviet Union, I often hear that its fall was an inevitability, and it just so happened to occur on Reagan’s watch. I have to point out to them that Reagan was the first President to come along with an intent to defeat communism, not just contain it. And then to have the Soviet Union defeated "on his watch", with nary a nuke dropped, is one of those "coincidences" you don’t often see in politics; where the effect so closely mirrors the cause.

Interestingly, some of those who say the fall of communism was inevitable weren’t around when it happened. I was. And so was Lech Walesa.

Lech Walesa said that there would not be a free Poland without Ronald Reagan, during the unveiling of a statue in Warsaw of the late American president on Monday.

The former Solidarity leader said that “as a participant in these events,” it was “inconceivable” that such changes would have come about without the last American president during the post-1945 cold-war era.

Walesa added that thirty years ago, it seemed that the fall of the communist system would not be possible without a nuclear war.

Reagan stood strongly, and very publicly, with Poland against the Soviets. This was not an appeasing President. The Soviet Union was wrong and evil, and Reagan was not afraid to call it that, to the consternation of so many American liberals. (Just ask if, after Reagan walked out of the Reykjavik summit, if they thought nuclear war was a distinct possibility.) Lech Walesa agreed, and understood that history could just as easily played out very differently, if Reagan had not believed that victory was possible.

Let’s give credit where credit is due. Poland certainly is.

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Planned Parenthood keeps breaking all its previous records in abortions performed.

Chavez is running out of people/things to blame for socialism’s failure. "[I]n a remarkable volte-face, for the first time this week Hugo Chávez admitted that the government was, after all, largely to blame for the electricity shortages and rationing that are hampering the economy, having previously tried to blame it on a drought, which dried up Venezuela’s hydroelectric reservoirs. That argument didn’t work so well this year, with torrential rains flooding much of the country."

Down’s Syndrome death panels are getting setup.

The debt crisis in Europe threatens to tear apart the EU. That’s not some conservative think tank talking, it’s the EU itself.

"If you love me, pass this bill!" Apparently, Mr. Obama has lost a lot of love in his own party, as Dems pick apart his jobs bill.

We spend more and more on public schools — in absolute dollars and per student — and yet SAT scores continue to fall. There are proven ways to deal with this, but Democrats are against all of them (predictably).

If poverty leads to crime, why is the crime rate falling during this recession (and the decade before it)? Is it because, perhaps, we’re actually keeping criminals behind bars?

Talk about over-regulation, here’s a CEO who was fined for hiring too many people and required to stop hiring altogether. When government calls the shots, the left hand doesn’t know what the right hand is doing (or even that there is a right hand).

Palin Derangement Syndrome: Joe McGinniss wrote an expose on Sarah Palin that was essentially (according to the publisher) filled with unproved “tawdry gossip” and rumors that lacked “factual evidence.”

The new 2011 version of the New International Version of the Bible strives for gender-inclusivity. Mary Kassian gives her 10 reasons why this is bad for women.

And finally, never mind abortion, Michelle Obama thinks you should have parental consent before getting French Fries. (Click for a larger version.)

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The Republican legislators in the Pennsylvania state government are pushing a bill that would relatively proportion their presidential electoral votes based on the results of the individual congressional district presidential votes. The (Republican) governor says he would sign such a bill. This is a bad idea.

The suggestion came up in Colorado and California in years past, and failed in both cases. The Electoral College is actually a very good way of apportioning votes, ensuring that a President has both a sufficient number of votes and also a diverse support base; broad support favored over the most support in close races. I posted a number of reasons why the Electoral College is a good idea here, with a link to the history of the EC.

As a side note, Markos Moulitsas, the "Daily Kos" himself, split his support over the Colorado and California efforts. One of them he called a "bad horror movie" and an attempt to "game the system". The other he called "brilliant" and suggested that "every state should allocate EVs in this manner". Why the difference in tone? As you can probably guess, it’s all about politics over principle. When Colorado wanted to do it, it would benefit Democrats, so he was all-in. When California wanted to do it, he had nothing but disparaging comments for anyone who even considered it. This clearly points out a pundit who a) has no appreciation for, not just history, but the status quo, and b) makes every decision based, not on what’s best for everyone, but what’s best for his political kindred.

Consider this when reading opinions. I will note that I’m always against this sort of thing, including in the guise of the National Popular Vote Interstate Compact. Inform yourself.

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Republicans run a political rookie against a veteran, a Catholic against an Orthodox Jew (in a heavily Jewish district of New York City). Democrats pour $500,000 and deploy Bill Clinton to the race. Result: GOP wins a seat it hasn’t held since the 1920s. Secret: It was billed as a referendum on Obama.

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The Dalai Lama calls himself a Marxist.

An "unexpectedly" we could do with down here. "Canada Jobless Rate Unexpectedly Declines in May to Its Lowest Since 2009" It’s down to 7.4 percent. We’re adding government jobs and they’re adding private sector jobs. Our dollar is getting weaker while theirs gets stronger. “Our economy has one of the best records in the area of job creation in comparison with other industrialized countries and this is why we will continue to keep our taxes low,” Prime Minister Stephen Harper told lawmakers on June 8. Lessons to be learned  here.

Obama finally figures out, "Shovel-ready was not as shovel-ready as we expected." Which is one big reason why the stimulus didn’t stimulate.

Civility Watch: “Good afternoon brothers and sisters. Welcome to Nazi Germany….Brothers and sisters, this is not going to be an easy fight,” he shrieked. “It took World War II to get rid of the last Adolf Hitler. It is going to take World War III to get rid of Adolf Christie. Are you ready for World War III?” Union leaders are setting the example in New Jersey.

Soaking the rich won’t work the way the Left intends. Historical tax rates vs actual receipts put the lie to the idea that raising rates will necessarily bring in more revenue.

When even actor Aston Kutcher comes to the aid of Sarah Palin, you know the media has gone way too far.

And speaking of which (click for a larger version):

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If this doesn’t wake up Democrats, and the Americans that vote for them, to the real, actual unsustainability of more and more spending, what will? If the last remaining superpower can’t keep its financial house in order, then what comes next? Are we "spreading the wealth around" so much now, that too many are unwilling to give up their government dependence?

Should the rich pay more? If so, please say how much more, specifically? Should we go back to 91% rates? The problem is, when more that is taxed, it isn’t used to pay for existing debt and spending; it instead spurs on new spending. Our problem is not how much revenue the government is getting; it’s the amount of spending going on.

This is a bi-partisan problem; both parties have contributed to this. The Republicans, however, spurred on by the Tea Party, are making the first real effort in decades to do something about the problem. Nothing was done on this until Republicans won a majority in the House, and even now, Obama and the Democrats are making only token gestures.

Man oh man, I hope the independents are watching, and will remember in 2012. I hope some fiscally responsible Democrats are, too.

OK, lots of questions above. I would love to hear any answers in the comments.

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Six out of ten politicians in don’t think you know enough about the issues facing Washington to form a reasonable opinion. More telling to me is that, broken down by party, most Republicans trust you but way more Democrats don’t.

Another example of why it’s hard for government to cut spending (and why conservatives try to hard to hold back increases); Between 400,000 and 500,000 protest against government spending cuts in the UK.

Media Matters becomes a parody of itself, ignoring the media in general and concentrating solely on Fox News. James Taranto wonders:

Does a group that proclaims its purpose to be industrial sabotage qualify [for tax-exempt status]? It’s hard to imagine the answer is yes. Could, say, AT&T set up an organization to sabotage Sprint and do the whole thing free of taxes?

Did you know that opting out of Medicare (not asking for your tax money back, just not taking advantage of it and paying the tab yourself) will cause you to forfeit Social Security? Big, big government, anyone?

The European Union has an idea for clean air; ban all cars.

Irony Alert: President Obama accepted a transparency award from the open government community, in a closed, undisclosed meeting at the White House.

Barack Obama was against wars against brutal dictators that did not directly threaten the United State or its interests, before he was for them.

A salute to the men and women of Japan — the Fukushima 50 — who are putting their health and, indeed, lives on the line to bring the reactors under control.

Speaking tearfully through an interpreter by phone, the mother of a 32-year-old worker said: “My son and his colleagues have discussed it at length and they have committed themselves to die if necessary to save the nation.

“He told me they have accepted they will all probably die from radiation sickness in the short term or cancer in the long-term.

And finally, "regulating relationships". (Click for a larger image.)

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A verse I found highlighted by a friend on Facebook:

Proverbs 26:18-19 (New International Version 1984, ©1984)

¹⁸ Like a madman shooting
   firebrands or deadly arrows
¹⁹ is a man who deceives his neighbor
   and says, “I was only joking!”

The Left seems to forget their own hateful rhetoric when they start to point fingers at Sarah Palin. “…a big mashed-up bag of meat with lipstick on it.” “I’m just saying if he did die, other people, more people would live. That’s a fact.” “Somebody’s going to jam a CO2 pellet into his head and he’s going to explode like a giant blimp.” Indeed. These and other gems at Q&O.

On the (much) lighter side, I have finally been convinced that you should only put 1 space after a period, not two. I’m endeavoring to do so in this post, but it’s a hard habit to break.

Living up their promises, the Republicans have put forth a proposal for $2.5 trillion of spending cuts. Since it’s that amount over 10 years, it’s still only a drop in the bucket. But it’s more than they have suggested in the past (as far as I know) and certainly more than Democrats ever have. If the Dems want to criticize the choices of where to cut, let’s just see them propose their own.

I grew up in the Salvation Army denomination. (Yes, it’s a denomination.) Representatives from around the world are currently meeting to elect the next General, the administrative head of the Salvation Army. You can follow events on their web page, get e-mail updates, or even follow them on Twitter.

Cutting sugar, sodium and trans fats. Buying more produce locally. Cutting price premiums for healthier food options. That’s Wal-Mart for you. (Yeah, that Wal-Mart).

In Houston, it’s apparently safer for the homeless to go hungry than to get a meal that hasn’t been government certified.

Reason TV asks, what happened to the antiwar movement? It gives a serious look at the disappearance of a group that was so huge while Bush was President. Glenn Reynolds notes, they were useful idiots until they stopped being useful.

Charles Krauthammer:

Suppose someone - say, the president of United States - proposed the following: We are drowning in debt. More than $14 trillion right now. I’ve got a great idea for deficit reduction. It will yield a savings of $230 billion over the next 10 years: We increase spending by $540 billion while we increase taxes by $770 billion.

He’d be laughed out of town. And yet, this is precisely what the Democrats are claiming as a virtue of Obamacare.

Some say that if spending $X saves us $Y down the road(where Y is greater than X), then the government should spend it. But ObamaCare is much more a behemoth than simply judicious spending on road repairs before they get much worse. The claim that repealing ObamaCare will cost us money is ridiculous for Krauthammer’s reason.  Amazing.

And finally:

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As I noted earlier, if we stay on the same course, budget-wise, in just 5 years the interest on our national debt will approach what we spend to defend the country.  This must be dealt with.

Yesterday, a White House commission put together by President Obama released a draft proposal to do just that.

The leaders of a White House commission laid out a sweeping proposal to cut the federal budget deficit by hundreds of billions a year by targeting sacrosanct areas of U.S. tax and spending policy, such as Social Security benefits, middle-class tax breaks and defense spending.

The preliminary plan in its current form would end or cap a wide range of breaks relied on by the middle class—including the deduction for home-mortgage interest. It would tax capital gains and dividends at the higher rates now levied on wage income. To compensate, one version of the plan would dramatically lower and simplify individual rates, to 9%, 15% and 24%.

For businesses, the controversial plan would significantly lower the corporate tax rate—from a current top rate of 35% to as low as 26%—but also eliminate a number of deductions. It would make permanent the research and development tax credit.

There’s much more; cutting $100 billion from defense, raising gas taxes, raising the Social Security retirement age, cutting federal work force by 10%, and others.  It’s quite a sweeping proposal, and it’ll call on the government and the people alike to share the burden.

But what will it wind up doing?

Overall, the plan would hold down the growth of the federal debt by roughly $3.8 trillion by 2020, or about half of the $7.7 trillion by which the debt would have otherwise grown by that year, according to commission staff. The current national debt is about $13.7 trillion.

The budget deficit, or the amount by which federal expenditures exceed revenues each year, was about $1.3 trillion for fiscal year 2010, which ended on Sept. 30.

Even with all this, it’ll only cut the growth by half, with debt still rising by trillions every year.

This is where we find ourselves; overextended and really unable to do anything about it despite some Herculean efforts.  Our government has made so many promises that it can’t renege on, that the most we can hope for is "only" growing slower. Well, ya’ gotta’ start somewhere, and this is just a draft proposal.  But this is a good start.

Or is it?  How do other politicians see it?  (Warning: Easily anticipated reactions follow.)

Read the rest of this entry »

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Photonic computers, that use light rather than electrical signals to do the work, may actually be on the horizon.  This will be huge.  While it’s still a few years down the road, the number of years is in the single digits at this point.

Let’s be more like Europe!  "The UK’s tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and pay the employees by bank transfer."  Even a little socialism can be a dangerous thing.  Exhibit A.

Obama supporters are "exhausted of defending" him.  If this turns into an exhaustion of voting for Democrats, House and Senate seats polling close now may yet be a big win for Republicans.  Obama only has himself to blame; supporters are not exhausted of defending "the mess" he inherited, they’re tired of defending his "accomplishments".  If you’ve lost Jon Stewart, you’ve lost a lot of folks who think he’s a news anchor.  (Which is, unfortunately, quite a lot of people.)

No, ACORN isn’t really dead, it’s just changed its name.  And it’s still breaking the law, so says federal investigators who are urging that the funding moratorium be made permanent.

Obama says the stimulus kept the recession from falling into a depression.  But economists are now saying that, technically, we came out of the recession in June, 2009.  That’s before the stimulus really kicked in.  We spent $800 billion on measures to save the economy from something it had recovered from on its own.  Under that guise, we got record- and precedent-setting debt. 

Which is why the Tea Party influence in the Republican party is so needed now, even if the GOP goes kicking and screaming.  (Click for a larger image.)

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With two more Tea-Party-approved candidates winning their primary last night, most notably Christine O’Donnell in Delaware, the Tea Party groups are racking up an impressive number of wins over establishment Republicans than anyone ever thought possible.  That an upstart, grassroots effort like this could make such headway in such a short time is something I’ve not seen in my lifetime, as best I can tell.

That the Republican establishment is taking this so poorly is an indication of how much this was needed.  The party has decided that it’s more important to have an "R" after your name than to actually stand up for the party platform and philosophy.  Witness the spendthrift ways of a Republican Congress under a Republican President.  True, they didn’t hold a candle to the precedent-setting debt our current Democrat is sinking us into, but they gave up the mantle of fiscal responsibility when they abused their power.  They stopped being conservative and just wanted to be liked.

Well, we’re reaping the whirlwind that created. 

Instead, the Tea Party says that it isn’t that the Congress needs more politicians of a certain party, but more politicians of a certain responsibility.  They need to stop doing what doesn’t work (aka stimulus), stop ramming massive government takeovers down our throats (aka ObamaCare(tm)), and instead actually represent the people they’re supposed to be representing, and start dismantling this huge behemoth that has become a farce of the limited government model the Constitution permits.

Some say that the O’Donnell win last night mean Republicans won’t take back the Senate.  They’ve somehow made that the goal post and declare if it doesn’t happen that Republicans will somehow have failed.  Nuts to that.  The goal is more responsible government, and it’s not going to come about in a single election cycle.  Sure, O’Donnell may lose in November.  However, the message has been sent to the Republican establishment that conservatives are through pulling the lever for Republicans after hearing so many promises of being responsible, only for them to forget them as soon as they pass through the border of the Beltway.  This is a good message to send, and we’ve got to be in it for the long haul, and not be bothered by folks saying we failed if we don’t meet their expectations.

But here’s the thing.

If these Tea Partiers get to Washington and don’t do what they said they would — if this become more of the same — I half expect a third party to grow up out of this; an official Tea Party.  There is so much frustration at Washington politicians at this point that I can see it happening.  Articulating a vision that holds government to it’s Constitutional boundaries and not over-extending itself, while still meeting its obligations to the people is eminently possible.  It needs to be done, and if Republicans won’t do it, I think — I hope — someone else will

That’s the kind of hope and change I want to see.

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