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  • Obamagate

    February 10, 2016
    US politics

    Jim Geraghty must not have required much time to write this:

    David Brooks, [Tuesday] morning:

    The first and most important of these is basic integrity. The Obama administration has been remarkably scandal-free. Think of the way Iran-contra or the Lewinsky scandals swallowed years from Reagan and Clinton. We’ve had very little of that from Obama. He and his staff have generally behaved with basic rectitude.

    “Remarkably scandal-free”? David Brooks works in the news business, right?

    Fast and Furious. The IRS scandal. The $2 billion spent buildingHealthcare.gov. The Veterans Administration letting veterans die waiting for care. The Office of Personnel Management hacking. Lying about Bowe Bergdahl. “Companies like Solyndra are leading the way toward a brighter, more prosperous future.”

    Jonathan Gruber’s declaration that Obamacare depended upon the “stupidity of American voter.”

    The NSA and Edward Snowden.

    The stimulus “was riddled with a massive labor scheme that harmed workers and cheated unsuspecting American taxpayers.”

    Prostitution and incompetence in the U.S. Secret Service.

    Hillary and her private e-mail server.

    The Department of Justice secretly reviewed the phone records of at least 20 phone lines of Associated Press reporters — their work, home, and cell-phone lines. The Department of Justice’s decision to call Fox News reporter James Rosen a criminal “co-conspirator” in leaking classified information. The Department of Justice punishing whistleblowers.

    Benghazi — the failure to provide Chris Stephens with the security he requested, the inability to put together a rescue operation that night, and the false explanation to the public afterwards blaming a video.

    I’m sure you can remember others. Just how deep in denial do you have to be to write a sentence like, “The Obama administration has been remarkably scandal-free”?

    This list does not include the criminal waste that was Cash for Clunkers, pulling troops from then putting troops back into Afghanistan and Iraq, or Obama’s obscene and unparalled contempt for anyone who doesn’t share his political views.

    As a comment on Geraghty’s blog puts it: “The only thing remarkable about the last seven years has been the elite press’ complete abdication of its responsibilities out of political loyalty to Obama.”

     

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  • Punishment for politicians

    February 10, 2016
    US politics

    InstaPundit Glenn Harlan Reynolds:

    As scandals explode across Washington — from the IRS scandals, to the Benghazi scandal, to the HHS donations scandal, to Pigford and more — one thing that I’ve noticed is that the people involved don’t seem to suffer much. There are consequences, but not for them. Likewise, Rep. Anthony Weiner, D-N.Y., left office in disgrace, but wound up with surprisingly lucrative consulting gigs.

    This reminds me of something writer Robert Heinlein once said: “Any government will work if authority and responsibility are equal and coordinate. This does not ensure ‘good’ government, it simply ensures that it will work. But such governments are rare — most people want to run things, but want no part of the blame. This used to be called the ‘backseat driver’ syndrome.”

    Government officials are happy making and executing plans that affect the lives of millions, but when things go wrong, well … they’re willing to accept the responsibility, but they’re not willing to take the blame. What’s the difference? People who are to blame lose their jobs. People who are “responsible,” do not. The blame, such as it is, winds up deflected on to The System, or something else suitably abstract.

    But when you cut the linkage between outcomes and experience, you make learning much more difficult. When you were a toddler learning to walk, you fell down a lot. This was unpleasant: shocking, at least, and often painful. Thus, you learned to fall down a lot less often.

    But imagine if falling down didn’t hurt. You wouldn’t have learned not to fall, or at least, you would have accumulated a lot more bruises along the way.

    Given the low penalties for failure it faces, our political class is one for whom falling down is usually painless and even — given the surprisingly common tendency of people who have presided over debacles to be given promotions rather than the boot — actually pleasurable. The leaders move society’s arms and legs, but we’re the ones who collect the bruises.

    The problem is that they don’t have, in President Obama’s words, “skin in the game.” When it comes to actual wrongdoing, they’re shielded by doctrines of “absolute immunity” (for the president) and “qualified immunity” (for lesser officials). This means that the president can’t be sued for anything he does as president, while lower-ranking officials can’t be sued so long as they can show that they were acting in a “good faith” belief that they were following the law.

    Such defenses aren’t available to the rest of us. And they’re not even the product of legislation passed by Congress after considered judgment — they’re judicially created. (Judges gave themselves absolute immunity, too, for good measure.)

    Then, of course, there’s the unfortunate fact that the worse the economy does, the more important the government becomes. As Tim Noah pointed out back when the financial crisis was new, “On Wall Street, financial crisis destroys jobs. Here in Washington, it creates them. The rest is just details.”

    Some incentive system. And yet they want us to trust them to “fix the economy.” My worry is that their idea of “fixed” may not be the same as mine.

    I’d favor some changes that put accountability back in. First, I’d get rid of judicially created immunities. The Constitution itself creates only one kind of immunity, for members of Congress in speech and debate. (Perhaps unsurprisingly, courts have interpreted this grant of immunity, explicitly in the Constitution, more narrowly than the judicially created ones).

    I’d also cut all payments to members of Congress whenever they haven’t passed a budget. If they can’t take care of that basic responsibility, why should they get paid? Likewise, I’d ban presidential travel when there’s not a budget. He can do his job from the White House.

    I’m willing to consider other changes: Term limits that kick in whenever there’s a deficit for more than two years in a row. Limitations on civil-service protections to allow wronged citizens to get offending bureaucrats fired. Pay cuts for elected officials whenever inflation or unemployment are above a threshold.

    But the real lesson is this: We entrust an inordinate amount of power to people who don’t feel any pain when we fall down. The best solution of all is to take a lot of that power back. When the power is in your hands, it’s in the hands of someone who feels it when you fall down. When it’s in their hands, it’s your pain, their gain. That’s no way to run a country.

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  • Presty the DJ for Feb. 10

    February 10, 2016
    Music

    The first gold record — which was only a record spray-painted gold because the criteria for a gold record hadn’t been devised yet — was “awarded” today in 1942:

    The number one British album today in 1968 was the Four Tops’ “Greatest Hits”:

    (more…)

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  • Hillary and the little people

    February 9, 2016
    US politics

    Kevin D. Williamson:

    Hillary Rodham Clinton is not qualified to be president of the United States of America, because she doesn’t know what the United States of America are.
    Terry Shumaker, former U.S. ambassador to Trinidad (I wonder what that gig cost him) and current abject minion in the service of Mrs. Clinton, quotes Herself telling an audience in New Hampshire: “Service is the rent we pay for living in this great country.”
    There is a very old English word for people who are required to perform service as a rent for their existence, and that word is serf. Serfdom is a form of bondage.
    Americans are not serfs. We are not sharecroppers on Herself’s farm or in vassalage to that smear of thieving nincompoopery in Washington that purports to rule us.
    We don’t owe you any damned rent.
    The American proposition is precisely the opposite of what Herself imagines: The U.S. government exists at our sufferance, not the other way around. We have governments because there are some things that we as individuals have a hard time doing through private enterprise, and we have a federal government because there are things that the several states cannot manage separately, such as national defense and border security. (And, bang-up job on the latter, Washington.)
    A president isn’t a prince, and a citizen isn’t a serf.
    Herself’s invocation of serfdom is the logical extension of “You Didn’t Build That”-ism, the backward philosophy under which the free citizen is obliged to justify his life and his prosperity to the state, in order to satisfy the economic self-interest, status-seeking, and power-lust of such lamentable specimens as Elizabeth Warren, a ridiculous little scold who has never done a single useful thing in her entire public life. The American model is precisely the opposite: Government has to justify itself to us. The states created the federal government, not the other way around, and the citizens created the states, not the other way around.
    We don’t owe these jackasses any service. They owe us service: services they routinely fail to perform. We’ve got jihadis shooting up California while the government doesn’t even bother to track visa overstays or properly scan entrants from Pakistan by way of Saudi Arabia (because what could possibly go wrong in that scenario?) in spite of being legally obliged to do so. Instead, the powers that be in Washington are literally masturbating the day away when they aren’t busy poisoning veterans to death with dope.
    These people—these people—are going to lecture us on citizenship? How about you skip the homilies and do your damned jobs?
    Of course Americans perform service: in our families, in our churches, in civic organizations, through charity. We serve because we believe in it, not because we have to justify our consumption of O2 to some despicable low-rent Lady Macbeth who is so keenly aware of her own profiteering and corruption that she violated a stack of federal statutes to keep her work correspondence away from proper oversight. We may be called to justify ourselves before God one day, but not before that.
    Herself imagines the United States of America to be a nation of serfs. Whom do you think she imagines as their overlord?
    And that is why any sane and self-respecting country would have kept this woman far away from any public office, much less let her flirt with the presidency.

    Read more at: http://www.nationalreview.com/corner/430898/hillary-talks-about-americans-theyre-peasants

     

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  • The factual flaw that is Comrade Sanders

    February 9, 2016
    US politics

    Grant Phillips:

    Senator Bernie Sanders recently published an op-ed in the Huffington Post where he makes numerous claims about the economy. In typical leftist political theater, his narratives are either grossly misrepresented or outright lies, nor does he include a single citation for his wild claims.

    From “stagnant middle class” and “income inequality” to “child poverty” and “evil corporations”, his analysis employs one step thinking and over-generalization to draw incomplete conclusions. I will directly address some of his specific claims.

    Income inequality is one of today’s most popular economic myths derived from the misconception that wealth and income are fixed pies. Sanders makes the usual claim of the “1%” having a disproportionate amount of both.

    Economic inequality is largely overstated through aggregate statistics, nor is there a connection between inequality levels and overall economic well-being.

    In a paper for Columbia University, economists Emmanuel Saez and Wojciech Kopczuk analyzed wealth shares from 1916 to 2000 using more inclusive and exact definitions of income and wealth. They found that “there has been a sharp reduction in wealth concentration throughout the 20th century”. Around the 1920s, the top 1% held about 40% of wealth, but that has remained about 20% in the last few decades. Saez, who worked with Thomas Piketty at one point, postulates that, in 2004, the top 1% held about 18% of total wealth, which is a historic low.

    Robert Haig and Henry Simons developed the Haig-Simon metric. Their measurement includes: wages/salaries, transfer payments (such as employer insurance), gifts of inheritance, income in-kind, and net increases in the real value of assets.

    In a 2013 paper, economists found that Haigs-Simon is an attractive standard for calculating wealth and income because of its inclusive definition. By employing Haigs-Simon, observed growth of income inequality within tax brackets is dramatically reduced.

    Based on the inclusive metric, top income shares have not significantly increased in the last 20 years, and most income growth has been in the bottom 80% of earners. Also, by incorporating accrued capital gains and not just IRS-realized capital gains, economic inequality quickly dissipates.

    Leftists such as Sanders often cite the Gini Coefficient, which is the measure of a country’s inequality. The United States ranks next to African countries, while egalitarian Norway ranks next to Afghanistan. The Gini Coefficient might measure inequality to a degree, but, if anything, it proves that income inequality is not associated with economic well-being.

    Bernie Sanders must not care to read further. Instead, he bases his claim off incomplete data by adjusting the CPI for inflation, which overstates it, and then excludes fringe benefits, which have doubled since 1970. Why would you when pandering to the base is more profitable?

    “Income inequality” is expectedly followed by claims of a “shrinking middle class”. In reality, however, the middle class has “shrunk” upwards to higher incomes.

    According to Census Bureau data compiled by the American Enterprise Institution, 61% of families qualified as middle-class income in 1967. They define “middle class” as $25K to $75K per family per year. In the same year, upper-income families, or over $75K, only made up about 16% of families.

    Fast forward to 2009 and things have dramatically changed. We have 43% of families in middle class incomes and 38% of families in the upper class. It’s also worth mentioning that lower incomes declined from 22.8% to 17% in that same time period.

    A well-respected paper published by NBER further illustrates the increasing wealth and income going to the middle class. According to their findings: “using our broadest measure of available resources – post-tax, post-transfer size-adjusted household income – median income growth of individual Americans improved to 36.7% from 1979 to 2007”.

    In other words, by expanding the definition of “income” and “wealth”, much like in the Haig-Simon metric, the narrative changes dramatically. Such a narrative, however, doesn’t make for vote-inducing rhetoric.

    Sanders also claims that alongside the “decline of middle class”, there has been a decline in overall economic mobility. Nothing could be further from the truth.

    A recent study published by Harvard measures the long run trend of economic mobility over the last twenty years, which has been difficult to accomplish due to data constraints. Michigan State economist Gary Solon said the Harvard study is the most comprehensive and in-depth research on the subject.

    According to their findings, “percentile rank-based measures of intergenerational mobility have remained extreme stable”. They even address income inequality and note that the “top 1% income shares are not strongly associated with mobility”. Measures of social mobility have remained stable in the second half of the 20th century. The rungs on the ladder have grown further apart (wealth and income have increased), but the chances of climbing the ladder have not changed.

    In Sanders’s own words, “children go hungry every day”. We have another misrepresentation of reality.

    According to a USDA survey, only 3% of Americans do not have enough food to eat or express concern over their next meal. Interestingly enough, 93% of people living in low-income areas reported taking a car to the grocery store, either as driver of passenger. That, however, does not coincide with the Senator’s narrative.

    “Child poverty” is grossly inflated by how it is defined. In 2013, the income threshold for public school lunch programs was $43,567 for a four person family, or 185% above the poverty line. Sanders claims that “children go hungry” when they only appear to be going hungry simply because their families qualify for lunch programs. The details in a Southern Education Foundation study note that the $43,567 income level is used to measure “child poverty” in public schools, thus grossly embellishing the Senator’s rhetoric.

    From Bernie Sanders’s article, he finds it “absurd” that, in 1952, corporate taxes were 32% of federal revenue and, in 2013, are only 11%. This, however, only states the share of revenue from corporations and has nothing to do with the actual corporate tax rate. During that time, federal revenue has obviously increased.

    By digging further, the amount of corporate tax revenue has increased 46.5% during that time – from $186B to $273B (2013 USD; adjusted for inflation). Furthermore, by imposing such a high rate, the U.S. is really encouraging money to leave for more financially appealing countries. In fact, the worldwide corporate tax system forces corporations to pay twice – first to a foreign country and second to the IRS. If Bernie Sanders wants money to stay home, he should reduce the corporate tax rate and simplify the tax code.

    Sanders makes other unsubstantiated claims. He slams student loan practices despite most of it being held by the federal government. He repeats the minimum wage narrative of “fixing poverty” with no regard for the voluminous empirical evidence to the contrary. He fears “seniors cannot afford their medication” when seniors are fourteen times wealthier than the younger generation. He claims the rich don’t pay their “fair share” when, according to the CBO, the highest quintile of income earners pay almost 70% of federal taxes.

    Much like Elizabeth Warren, who I have also debunked in the past, Senator Bernie Sanders perpetuates numerous economic myths that are wholly disingenuous. Although observable on the surface, a more in-depth analysis provides substantial evidence that these supposed victimized groups have benefited from economic growth.

     

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  • Presty the DJ for Feb. 9

    February 9, 2016
    Music

    The number one single today in 1963:

    Today in 1964, three years to the day from their first appearance as the Beatles, the Beatles made their first appearance on CBS-TV’s Ed Sullivan Shew:

    The number one single today in 1974:

    The number one single today in 1991:

    (more…)

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  • The party of big business and the rich

    February 8, 2016
    US business, US politics

    The Wall Street Journal observed this from the Democratic presidential candidate that took place while I was doing something more worthwhile Wednesday:

    President Obama has spent seven years denouncing Wall Street and persuading young progressives that the U.S. economy is rigged for the benefit of wealthy financiers. So how will he now persuade them to support Wall Street’s favorite Democrat?

    This is the political trap Mr. Obama has sprung on Hillary Clinton, who made it difficult to watch Wednesday’s Democratic town hall on CNN as she squirmed in response to a question about speaking fees she collected from Goldman Sachs. Host Anderson Cooper asked her whether she really had to be paid $675,000 for giving three speeches.

    “Well, I don’t know. That’s what they offered,” said Mrs. Clinton—to much audience laughter. She then tried the argument that every Secretary of State does it, and then settled on the unbelievable claim that at the time she took the money she didn’t know she would be running for President again. Mr. Cooper was so startled he asked her to repeat the point.

    The laughter likely occurred because the average voter can guess that the traders at Goldman have a keen sense of value. And they’re not trading $675,000 for the entertainment value of Hillary Clinton appearances.

    The long-standing arrangement between Democrats and financial giants like Goldman is that the politicians collect money and get to pose as populists by publicly attacking the big banks, and in return the big banks enjoy high regulatory barriers that prevent smaller firms from competing with them. New York Sen. Chuck Schumer has perfected this bargain, which may have reached its zenith with the Dodd-Frank law of 2010, which brought Wall Street giants and Washington into a historically intimate embrace.

    Yes, Wall Streeters love to complain about Dodd-Frank, but they also know it virtually ensures that no upstart finance company in the Midwest is going to challenge Goldman’s position in global finance. “More intense regulatory and technology requirements have raised the barriers to entry higher than at any other time in modern history,” said Goldman CEO Lloyd Blankfein last year. “This is an expensive business to be in, if you don’t have the market share in scale.”

    Mrs. Clinton has been trying to enjoy the customary privileges—squeezing every nickel she can out of New York’s financial district while suggesting that she too is a progressive who wants to occupy the place. Her problem is that she’s now running for her party’s nomination against Bernie Sanders, who actually means what he says about bankers. And she’s running in a party that, thanks to Mr. Obama, increasingly looks at finance not as an essential part of the economy that needs to be moved outside the taxpayer safety net, but as a den of thieves populated by people who ought to be in jail.

    As Mrs. Clinton continued her meandering explanation on CNN Wednesday, she tried to say everything that Mr. Obama’s refashioned Democratic Party wants to hear about the banksters. “I’m out here every day saying I’m going to shut them down, I’m going after them. I’m going to jail them if they should be jailed. I’m going to break them up,” she said. “I mean they’re not giving me very much money now. I can tell you that much.”

    She can tell people whatever she wishes. But according to the Center for Responsive Politics, which maintains a searchable database of contributions reported to the Federal Election Commission, the securities and investment industry is Mrs. Clinton’s single greatest source of support. Financiers have given her campaign and other pro-Clinton political operations more than $17 million, compared with a little less than $78,000 for Mr. Sanders.

    The flood of money to Clinton political committees, on top of the speaking fees, plus whatever other contributions the Clinton Foundation was able to wring out of Wall Street, are among the reasons no one believes her when she talks about breaking up banks and jailing their employees.

    When asked on CNN if she regretted her income windfall from Goldman, Mrs. Clinton replied, “No, I don’t, because, you know, I don’t feel that I paid any price for it and I am very clear about what I will do and they’re on notice.”

    Mrs. Clinton is the one on notice that there is a political price to be paid for it. And the bill is coming due because she so ostentatiously collected money from people that the President has taught Democratic voters to hate. And because everyone knows why Goldman paid her $675,000.

     

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  • Breaking news from the ’90s and last week

    February 8, 2016
    US politics

    The Hill reports:

    Hillary Clinton agrees there is still a “vast right-wing conspiracy” — and if anything it has only become more richly financed.

    During the New Hampshire town hall debate on Wednesday night, CNN host Anderson Cooper asked the presidential hopeful if she still believes there is a “vast right-wing conspiracy,” as she said there was during the late 90s to initially explain the Monica Lewinksy scandal involing her husband.

    “Don’t you?” Clinton replied, as the audience laughed. “Yeah. It’s gotten even better funded.”

    “They brought in some new multibillionaires to pump the money in. Look, these guys play for keeps.

    “They want to control our country.”

    Seconds before the conspiracy exchange, a supporter in the audience asked the Democratic front-runner how she would, as nominee and president, defend herself against right-wing attacks.

    “I’ve had a lot of practice,” Clinton replied. “I can laugh up here but it’s not easy.

    “It is a brutal experience and when it first started happening to me … I was just stunned. I could not understand how they got away with it.

    “So now that I’ve been through this for so many years,” the former first lady continued, “my understanding of the political tactics that the other side uses is pretty well versed. They play to keep. They play to destroy.

    “I know I have to keep defending against them,” Clinton added. “But I’m the one who has the experience to do that.

    “It’s unlike anything you’ve ever gone through, to be the subject of tens of millions of dollars of untrue negative attacks.”

    The Clintons have great experience in “they play to destroy” and “tens of millions of dollars of untrue negative attacks,” having instigated the most vicious political machine of someone not named Kennedy. Apparently Hillary isn’t really interested in bridging the partisan and ideological gaps and healing and all that.

    That reminds me that about 20 years ago I called a classic rock radio station and dedicated this song to Hillary and Janet Reno:

    Meanwhile, the Des Moines Register isn’t done with covering the Iowa caucuses, Politico reports:

    In a strongly worded editorial on Thursday, The Des Moines Register called on the Iowa Democratic Party to move quickly to prove that Monday’s results are correct.

    The piece titled “Editorial: Something smells in the Democratic Party,” starts out: “Once again the world is laughing at Iowa.”

    It gets sharper from there. “What happened Monday night at the Democratic caucuses was a debacle, period. Democracy, particularly at the local party level, can be slow, messy and obscure. But the refusal to undergo scrutiny or allow for an appeal reeks of autocracy,” the DMR reads. “The Iowa Democratic Party must act quickly to assure the accuracy of the caucus results, beyond a shadow of a doubt.”

    The editorial cites Clinton’s razor-thin victory as too close “not to do a complete audit of results.”

    The newspaper editorial also said there were too many opportunities for error to arise.

    “Too many accounts have arisen of inconsistent counts, untrained and overwhelmed volunteers, confused voters, cramped precinct locations, a lack of voter registration forms and other problems,” the editorial reads. “Too many of us, including members of the Register editorial board who were observing caucuses, saw opportunities for error amid Monday night’s chaos.”

    The editorial ends by calling on the state’s Democratic Party to “work with all the campaigns to audit results. Break silly party tradition and release the raw vote totals. Provide a list of each precinct coin flip and its outcome, as well as other information sought by the Register. Be transparent.”

    I have a better idea: Dump the caucus and create a primary election, and join the 21st century.

     

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  • Presty the DJ for Feb. 8

    February 8, 2016
    Music

    The number one album today in 1969 was the soundtrack to NBC-TV’s “TCB,” a special with Diana Ross and the Supremes and the Temptations:

    The number one album today in 1975 was Bob Dylan’s “Blood on the Tracks”:

    (more…)

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  • On Super Sunday

    February 7, 2016
    Uncategorized

    In case you didn’t notice from all the political “news,”  Super Bowl 50 is today.
    Football as a sport is simultaneously unparalleled in popularity and embattled. David French writes:

    I grew up in the kind of eighborhood where I could walk with my football to the n field near my house, kick the ball around a few times, and — within minutes — my friends would be pouring out of their homes ready to play for hours on end. Those were some of the greatest times of my life. On that field, a skinny, nerdy kid who was more comfortable with graph paper and 12- and 20-sided dice could learn how to take a hit and — just as important — how to deliver one. I gained confidence, I was humbled (more than once), and I fell in love with America’s new athletic pastime. 

    However, there are some on the left who want to deny kids those kinds of days, to turn America against its favorite sport. To them, football is just too male, too martial, and too darn American. They’ve argued that football breeds disrespect for women, that it’s too violent, and that its culture is too religious. Yet none of those criticisms have made an impact. People kept watching football, and — crucially — they kept letting their kids run outside, join the games in the field or at school, and level their friends on the crossing route.

    But now there’s a new attack — one that precisely tracks the timid tenor of our times. Sure we knew football was violent, but now we know it’s dangerous — so dangerous that it’s immoral to watch.

    And, yes, it is modestly dangerous. Kids who play football tend to get injured more than kids who player other sports, and — yes — they have a greater likelihood of suffering from concussions. Repeated concussions can and do cause brain damage, and for those who play football for a living, there are sad stories of retired NFL players who have suffered severe and even deadly damage to body and mind.

        When children are denied the opportunity to take risks, they often approach the world with a fear and timidity that can haunt them for life.

    This is the worst possible news for today’s parents, who often seek above all to guarantee the physical and psychological safety of their children. Children are being raised as if they’re fragile, in need of constant protection. For these (often upper-middle-class) parents, new information about football’s dangers makes their decision easy. Johnny can play basketball or soccer, but he can’t play football. Indeed, in just one year’s time, the percentage of Americans who said they wouldn’t let their children play football jumped nine points, from 22 percent to 31 percent.

    Yet this mindset advances the great error of modern parenting — the belief that we should protect our kids from as much harm as we can. This short-sighted, fearful attitude ultimately damages the very children we so desperately safeguard. By taking risks, children learn other virtues, and when children are denied the opportunity to take risks, they often approach the world with a fear and timidity that can haunt them for life. What if my parents had kept me from the field near our house, protecting me from those many blows — endured without a helmet or shoulder pads or protection of any kind? Would I be the same person that I am today? Or would I perhaps be a bit more fearful, uncertain of my own physical courage and toughness?

    Football, moreover, channels natural and desirable male risk-taking and aggression into a game bound by rules and governed by a code of conduct. In football, as in many sports, you learn self-sacrifice, including how to deny yourself and risk yourself for the benefit of your teammates. One doesn’t have to play football to learn those lessons, and playing football is not necessary to turn boys into young men, but the fear that motivates parents to reject football can indeed keep boys from growing into men.

        To deny a young man the opportunity to test himself is to deny and diminish his very essence.

    Since the dawn of time, boys have courted danger and tested the limits of their own endurance. To deny a young man the opportunity to test himself is to deny and diminish his very essence. Not all young men are aggressive, but young men with aggressive instincts will attempt to find outlets for their innate sense of adventure. This puts them in direct conflict with the fearful spirit of the age. Parents, schools, and maternalistic government officials who try to deny those outlets or strip the masculine aggression and valor from boys do far more harm than good. They crush the spirits of the young men they seek to protect.

    When I watch the NFL, I don’t see victims. I see men who have known their entire lives that football can be dangerous. These men have injuries, and they’ve suffered their own pain, but they play on. They do it for the thrill of competition, for the love of their teammates, and — yes — for the fame and money their athletic prowess provides. At the end of the day, however, the courage they show on the football field is central to their very identity. Long before there were stadiums full of cheering fans, each one of those players pursued his own lonely, self-sacrificial quest for greatness. It is not immoral to applaud their achievements, to appreciate their sacrifice, and to enjoy the sheer spectacle of the sport they love.

    Every football player, when he steps onto the gridiron, demonstrates a degree of bravery that directly rebukes our increasingly bubble-wrapped culture. Our nation needs bravery far more than it needs safety, but in the cultural struggles ahead I believe that fear may prevail. And if fear does prevail, it will do more than destroy a great sport, it will rip the valor and purpose right out of the hearts of men.

    The winners of Super Bowl 50 today will, not surprisingly, pay a lot of taxes, about which Dan Mitchell writes:

    Imagine a taxpayer who earns $50,000 and pays $10,000 in tax.

    With that information, we know the taxpayer’s average tax rate is 20 percent. But this information tells us nothing about incentives to earn more income because we don’t know the marginal tax rate that would apply if the taxpayer was more productive and earned another $5,000.

    Consider these three simple scenarios with wildly different marginal tax rates.

        The tax system imposes a $10,000 annual charge on all taxpayers (sometimes referred to as a “head tax”). Under this system, our taxpayer pays that tax, which means the average tax rate on $50,000 of income is 20 percent. But the marginal tax rate would be zero on the additional $5,000 of income. In this system, the tax system does not discourage additional economic activity.
        The tax system imposes a flat rate of 20 percent on every dollar of income. Under this system, our taxpayer pays that tax on every dollar of income, which means the average tax rate on $50,000 of income is 20 percent. And the marginal tax rate would also be 20 percent on the additional $5,000 of income. In this system, the tax system imposes a modest penalty on additional economic activity.
        The tax system has a $40,000 personal exemption and then a 100 percent tax rate on all income about that level. Under this system, our taxpayer pays $10,000 of tax on $50,000 of income, which means an average tax rate of 20 percent. But the marginal tax rate on another $5,000 of income would be 100 percent. In this system, the tax system would destroy incentives for any additional economic activity.

    These examples are very simplified, of course, but they accurately show how systems with identical average tax rates can have very different marginal tax rates. And from an economic perspective, it’s the marginal tax rate that matters.

    Remember, economic growth only occurs if people decide to increase the quantity and/or quality of labor and capital they provide to the economy. And those decisions obviously are influenced by marginal tax rates rather than average tax rates.

    This is why President Obama’s class-warfare tax policies are so destructive. This is why America’s punitive corporate tax system is so anti-competitive, even if the average tax rate on companies is sometimes relatively low.

    And this is why economists seem fixated on lowering top tax rates. It’s not that we lose any sleep about the average tax rate of successful people. We just don’t want to discourage highly productive investors, entrepreneurs, and small business owners from doing things that result in more growth and prosperity for the rest of us.

    We’d rather have the benign tax system of Hong Kong instead of the punitive tax system of France. Now let’s look at a real-world (though very unusual) example.

    Writing for Forbes, a Certified Public Accountant explains why Cam Newton of the Carolina Panthers is guaranteed to lose the Super Bowl.

    Not on the playing field. The defeat will occur when he files his taxes.

        Remember when Peyton Manning paid New Jersey nearly $47,000 in taxes two years ago on his Super Bowl earnings of $46,000? …Newton is looking at a tax bill more than twice as much, which will swallow up his entire Super Bowl paycheck, win or lose, thanks to California’s tops-in-the-nation tax rate of 13.3%.

    You may be wondering why California is going to pillage Cam Newton since he plays for a team from North Carolina, but there is a legitimate “nexus” for tax since the Super Bowl is being playing in California.

    But it’s the level of the tax and marginal impact that matters. More specifically, the tax-addicted California politicians impose taxes on out-of-state athletes based on how many days they spend in the Golden State.

        Before we get into the numbers, let’s do a quick review of the jock tax rules… States tax a player based on their calendar-year income. They apply a duty day calculation which takes the ratio of duty days within the state over total duty days for the year.

    Now let’s look at the tax implication for Cam Newton.

        If the Panthers win the Super Bowl, Newton will earn another $102,000 in playoff bonuses, but if they lose he will only net another $51,000. The Panthers will have about 206 total duty days during 2016, including the playoffs, preseason, regular season and organized team activities (OTAs), which Newton must attend or lose $500,000. Seven of those duty days will be in California for the Super Bowl… To determine what Newton will pay California on his Super Bowl winnings alone, …looking at the seven days Newton will spend in California this week for Super Bowl 50, he will pay the state $101,600 on $102,000 of income should the Panthers be victorious or $101,360 on $51,000 should they lose.

    So what’s Cam’s marginal tax rate?

        The result: Newton will pay California 99.6% of his Super Bowl earnings if the Panthers win. Losing means his effective tax rate will be a whopping 198.8%. Oh yeah, he will also pay the IRS 40.5% on his earnings.

    In other words, Cam Newton will pay a Barack Obama-style flat tax. The rules are very simple. The government simply takes all your money.

    Or, in this case, more than all your money. So it’s akin to a French-style flat tax.

    Some of you may be thinking this analysis is unfair because California isn’t imposing a 99.6 percent or 198.8 percent tax on his Super Bowl earnings. Instead, the state is taxing his entire annual income based on the number of days he’s working in the state.

    But that’s not the economically relevant issue. What matters if that he’ll be paying about $101,000 of extra tax simply because the game takes place in California.

    However, if the Super Bowl was in a city like Dallas and Miami, there would be no additional tax.

    The good news, so to speak, is that Cam Newton has a contract that would prevent him from staying home and skipping the game. So he basically doesn’t have the ability to respond to the confiscatory tax rate.

    Many successful taxpayers, by contrast, do have flexibility and they are the job creators and investors who help decide whether states grow faster and stagnate. So while California will have the ability to pillage Cam Newton, the state is basically following a suicidal fiscal policy.

    Basically the France of America. And that’s the high cost of high marginal tax rates.

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Steve Prestegard.com: The Presteblog

The thoughts of a journalist/libertarian–conservative/Christian husband, father, Eagle Scout and aficionado of obscure rock music. Thoughts herein are only the author’s and not necessarily the opinions of his family, friends, neighbors, church members or past, present or future employers.

  • Steve
    • About, or, Who is this man?
    • Facebook
    • Twitter
    • Adventures in ruralu0026nbsp;inkBack in June 2009, I was driving somewhere through a rural area. And for some reason, I had a flashback to two experiences in my career about that time of year many years ago. In 1988, eight days after graduating from the University of Wisconsin, I started work at the Grant County Herald Independent in Lancaster as a — well, the — reporter. Four years after that, on my 27th birthday, I purchased, with a business partner, the Tri-County Press in Cuba City, my first business venture. Both were experiences about which Wisconsin author Michael Perry might write. I thought about all this after reading a novel, The Deadline, written by a former newspaper editor and publisher. (Now who would write a novel about a weekly newspaper?) As a former newspaper owner, I picked at some of it — why finance a newspaper purchase through the bank if the seller is willing to finance it? Because the mean bank lender is a plot point! — and it is much more interesting than reality, but it is very well written, with a nicely twisting plot, and quite entertaining, again more so than reality. There is something about that first job out of college that makes you remember it perhaps more…
    • Adventures in radioI’ve been in the full-time work world half my life. For that same amount of time I’ve been broadcasting sports as a side interest, something I had wanted to since I started listening to games on radio and watching on TV, and then actually attending games. If you ask someone who’s worked in radio for some time about the late ’70s TV series “WKRP in Cincinnati,” most of them will tell you that, if anything, the series understated how wacky working in radio can be. Perhaps the funniest episode in the history of TV is the “WKRP” episode, based on a true story, about the fictional radio station’s Thanksgiving promotion — throwing live turkeys out of a helicopter under the mistaken belief that, in the words of WKRP owner Arthur Carlson, “As God is my witness, I thought turkeys could fly.” [youtube=http://www.youtube.com/watch?v=ST01bZJPuE0] I’ve never been involved in anything like that. I have announced games from the roofs of press boxes (once on a nice day, and once in 50-mph winds), from a Mississippi River bluff (more on that later), and from the front row of the second balcony of the University of Wisconsin Fieldhouse (great view, but not a place to go if…
    • “Good morning/afternoon/evening, ________ fans …”
    • My biggest storyEarlier this week, while looking for something else, I came upon some of my own work. (I’m going to write a blog someday called “Things I Found While Looking for Something Else.” This is not that blog.) The Grant County Sheriff’s Department, in the county where I used to live, has a tribute page to the two officers in county history who died in the line of duty. One is William Loud, a deputy marshal in Cassville, shot to death by two bank robbers in 1912. The other is Tom Reuter, a Grant County deputy sheriff who was shot to death at the end of his 4 p.m.-to-midnight shift March 18, 1990. Gregory Coulthard, then a 19-year-old farmhand, was convicted of first-degree intentional homicide and is serving a life sentence, with his first eligibility for parole on March 18, 2015, just 3½ years from now. I’ve written a lot over the years. I think this, from my first two years in the full-time journalism world, will go down as the story I remember the most. For journalists, big stories contain a paradox, which was pointed out in CBS-TV’s interview of Andy Rooney on his last “60 Minutes” Sunday. Morley Safer said something along the line…
  • Food and drink
    • The Roesch/Prestegard familyu0026nbsp;cookbookFrom the family cookbook(s) All the families I’m associated with love to eat, so it’s a good thing we enjoy cooking. The first out-of-my-house food memory I have is of my grandmother’s cooking for Christmas or other family occasions. According to my mother, my grandmother had a baked beans recipe that she would make for my mother. Unfortunately, the recipe seems to have  disappeared. Also unfortunately, my early days as a picky, though voluminous, eater meant I missed a lot of those recipes made from such wholesome ingredients as lard and meat fat. I particularly remember a couple of meals that involve my family. The day of Super Bowl XXXI, my parents, my brother, my aunt and uncle and a group of their friends got together to share lots of food and cheer on the Packers to their first NFL title in 29 years. (After which Jannan and I drove to Lambeau Field in the snow,  but that’s another story.) Then, on Dec. 31, 1999, my parents, my brother, my aunt and uncle and Jannan and I (along with Michael in utero) had a one-course-per-hour meal to appropriately end years beginning with the number 1. Unfortunately I can’t remember what we…
    • SkålI was the editor of Marketplace Magazine for 10 years. If I had to point to one thing that demonstrates improved quality of life since I came to Northeast Wisconsin in 1994, it would be … … the growth of breweries and  wineries in Northeast Wisconsin. The former of those two facts makes sense, given our heritage as a brewing state. The latter is less self-evident, since no one thinks of Wisconsin as having a good grape-growing climate. Some snobs claim that apple or cherry wines aren’t really wines at all. But one of the great facets of free enterprise is the opportunity to make your own choice of what food and drink to drink. (At least for now, though some wish to restrict our food and drink choices.) Wisconsin’s historically predominant ethnic group (and our family’s) is German. Our German ancestors did unfortunately bring large government and high taxes with them, but they also brought beer. Europeans brought wine with them, since they came from countries with poor-quality drinking water. Within 50 years of a wave of mid-19th-century German immigration, brewing had become the fifth largest industry in the U.S., according to Maureen Ogle, author of Ambitious Brew: The Story of American Beer. Beer and wine have…
  • Wheels
    • America’s sports carMy birthday in June dawned without a Chevrolet Corvette in front of my house. (The Corvette at the top of the page was featured at the 2007 Greater Milwaukee Auto Show. The copilot is my oldest son, Michael.) Which isn’t surprising. I have three young children, and I have a house with a one-car garage. (Then again, this would be more practical, though a blatant pluck-your-eyes-out violation of the Corvette ethos. Of course, so was this.) The reality is that I’m likely to be able to own a Corvette only if I get a visit from the Corvette Fairy, whose office is next door to the Easter Bunny. (I hope this isn’t foreshadowing: When I interviewed Dave Richter of Valley Corvette for a car enthusiast story in the late great Marketplace Magazine, he said that the most popular Corvette in most fans’ minds was a Corvette built during their days in high school. This would be a problem for me in that I graduated from high school in 1983, when no Corvette was built.) The Corvette is one of those cars whose existence may be difficult to understand within General Motors Corp. The Corvette is what is known as a “halo car,” a car that drives people into showrooms, even if…
    • Barges on fouru0026nbsp;wheelsI originally wrote this in September 2008.  At the Fox Cities Business Expo Tuesday, a Smart car was displayed at the United Way Fox Cities booth. I reported that I once owned a car into which trunk, I believe, the Smart could be placed, with the trunk lid shut. This is said car — a 1975 Chevrolet Caprice coupe (ours was dark red), whose doors are, I believe, longer than the entire Smart. The Caprice, built down Interstate 90 from us Madisonians in Janesville (a neighbor of ours who worked at the plant probably helped put it together) was the flagship of Chevy’s full-size fleet (which included the stripper Bel Air and middle-of-the-road Impala), featuring popular-for-the-time vinyl roofs, better sound insulation, an upgraded cloth interior, rear fender skirts and fancy Caprice badges. The Caprice was 18 feet 1 inch long and weighed 4,300 pounds. For comparison: The midsize Chevrolet of the ear was the Malibu, which was the same approximate size as the Caprice after its 1977 downsizing. The compact Chevrolet of the era was the Nova, which was 200 inches long — four inches longer than a current Cadillac STS. Wikipedia’s entry on the Caprice has this amusing sentence: “As fuel economy became a bigger priority among Americans…
    • Behind the wheel
    • Collecting only dust or rust
    • Coooooooooooupe!
    • Corvettes on the screen
    • The garage of misfit cars
    • 100 years (and one day) of our Chevrolets
    • They built Excitement, sort of, once in a while
    • A wagon by any otheru0026nbsp;nameFirst written in 2008. You will see more don’t-call-them-station-wagons as you drive today. Readers around my age have probably had some experience with a vehicle increasingly rare on the road — the station wagon. If you were a Boy Scout or Girl Scout, or were a member of some kind of youth athletic team, or had a large dog, or had relatives approximately your age, or had friends who needed to be transported somewhere, or had parents who occasionally had to haul (either in the back or in a trailer) more than what could be fit inside a car trunk, you (or, actually, your parents) were the target demographic for the station wagon. “Station wagons came to be like covered wagons — so much family activity happened in those cars,” said Tim Cleary, president of the American Station Wagon Owners Association, in Country Living magazine. Wagons “were used for everything from daily runs to the grocery store to long summer driving trips, and while many men and women might have wanted a fancier or sportier car, a station wagon was something they knew they needed for the family.” The “station wagon” originally was a vehicle with a covered seating area to take people between train stations…
    • Wheels on theu0026nbsp;screenBetween my former and current blogs, I wrote a lot about automobiles and TV and movies. Think of this post as killing two birds (Thunderbirds? Firebirds? Skylarks?) with one stone. Most movies and TV series view cars the same way most people view cars — as A-to-B transportation. (That’s not counting the movies or series where the car is the plot, like the haunted “Christine” or “Knight Rider” or the “Back to the Future” movies.) The philosophy here, of course, is that cars are not merely A-to-B transportation. Which disqualifies most police shows from what you’re about to read, even though I’ve watched more police video than anything else, because police cars are plain Jane vehicles. The highlight in a sense is in the beginning: The car chase in my favorite movie, “Bullitt,” featuring Steve McQueen’s 1968 Ford Mustang against the bad guys’ 1968 Dodge Charger: [youtube=http://www.youtube.com/watch?v=GMc2RdFuOxIu0026amp;fmt=18] One year before that (but I didn’t see this until we got Telemundo on cable a couple of years ago) was a movie called “Operación 67,” featuring (I kid you not) a masked professional wrestler, his unmasked sidekick, and some sort of secret agent plot. (Since I don’t know Spanish and it’s not…
    • While riding in my Cadillac …
  • Entertainments
    • Brass rocksThose who read my former blog last year at this time, or have read this blog over the past months, know that I am a big fan of the rock group Chicago. (Back when they were a rock group and not a singer of sappy ballads, that is.) Since rock music began from elements of country music, jazz and the blues, brass rock would seem a natural subgenre of rock music. A lot of ’50s musical acts had saxophone players, and some played with full orchestras … [youtube=http://www.youtube.com/watch?v=9CPS-WuUKUE] … but it wasn’t until the more-or-less simultaneous appearances of Chicago and Blood Sweat u0026amp; Tears on the musical scene (both groups formed in 1967, both had their first charting singles in 1969, and they had the same producer) that the usual guitar/bass/keyboard/drum grouping was augmented by one or more trumpets, a sax player and a trombone player. While Chicago is my favorite group (but you knew that already), the first brass rock song I remember hearing was BSu0026amp;T’s “Spinning Wheel” — not in its original form, but on “Sesame Street,” accompanied by, yes, a giant spinning wheel. [youtube=http://www.youtube.com/watch?v=qi9sLkyhhlE] [youtube=http://www.youtube.com/watch?v=OxWSOuNsN20] [youtube=http://www.youtube.com/watch?v=U9U34uPjz-g] I remember liking Chicago’s “Just You ‘n Me” when it was released as a single, and…
    • Drive and Eat au0026nbsp;RockThe first UW home football game of each season also is the opener for the University of Wisconsin Marching Band, the world’s finest college marching band. (How the UW Band has not gotten the Sudler Trophy, which is to honor the country’s premier college marching bands, is beyond my comprehension.) I know this because I am an alumnus of the UW Band. I played five years (in the last rank of the band, Rank 25, motto: “Where Men Are Tall and Run-On Is Short”), marching in 39 football games at Camp Randall Stadium, the Hubert H. Humphrey Metrodome in Minneapolis, Michigan Stadium in Ann Arbor, Memorial Stadium at the University of Illinois (worst artificial turf I had ever seen), the University of Nevada–Las Vegas’ Sam Boyd Silver Bowl, the former Dyche Stadium at Northwestern University, five high school fields and, in my one bowl game, Legion Field in Birmingham, Ala., site of the 1984 Hall of Fame Bowl. The UW Band was, without question, the most memorable experience of my college days, and one of the most meaningful experiences of my lifetime. It was the most physical experience of my lifetime, to be sure. Fifteen minutes into my first Registration…
    • Keep on rockin’ in the freeu0026nbsp;worldOne of my first ambitions in communications was to be a radio disc jockey, and to possibly reach the level of the greats I used to listen to from WLS radio in Chicago, which used to be one of the great 50,000-watt AM rock stations of the country, back when they still existed. (Those who are aficionados of that time in music and radio history enjoyed a trip to that wayback machine when WLS a Memorial Day Big 89 Rewind, excerpts of which can be found on their Web site.) My vision was to be WLS’ afternoon DJ, playing the best in rock music between 2 and 6, which meant I wouldn’t have to get up before the crack of dawn to do the morning show, yet have my nights free to do whatever glamorous things big-city DJs did. Then I learned about the realities of radio — low pay, long hours, zero job security — and though I have dabbled in radio sports, I’ve pretty much cured myself of the idea of working in radio, even if, to quote WAPL’s Len Nelson, “You come to work every day just like everybody else does, but we’re playing rock ’n’ roll songs, we’re cuttin’ up.…
    • Monday on the flight line, not Saturday in the park
    • Music to drive by
    • The rock ofu0026nbsp;WisconsinWikipedia begins its item “Music of Wisconsin” thusly: Wisconsin was settled largely by European immigrants in the late 19th century. This immigration led to the popularization of galops, schottisches, waltzes, and, especially, polkas. [youtube=http://www.youtube.com/watch?v=yl7wCczgNUc] So when I first sought to write a blog piece about rock musicians from Wisconsin, that seemed like a forlorn venture. Turned out it wasn’t, because when I first wrote about rock musicians from Wisconsin, so many of them that I hadn’t mentioned came up in the first few days that I had to write a second blog entry fixing the omissions of the first. This list is about rock music, so it will not include, for instance, Milwaukee native and Ripon College graduate Al Jarreau, who in addition to having recorded a boatload of music for the jazz and adult contemporary/easy listening fan, also recorded the theme music for the ’80s TV series “Moonlighting.” Nor will it include Milwaukee native Eric Benet, who was for a while known more for his former wife, Halle Berry, than for his music, which includes four number one singles on the Ru0026amp;B charts, “Spend My Life with You” with Tamia, “Hurricane,” “Pretty Baby” and “You’re the Only One.” Nor will it include Wisconsin’s sizable contributions to big…
    • Steve TV: All Steve, All the Time
    • “Super Steve, Man of Action!”
    • Too much TV
    • The worst music of allu0026nbsp;timeThe rock group Jefferson Airplane titled its first greatest-hits compilation “The Worst of Jefferson Airplane.” Rolling Stone magazine was not being ironic when it polled its readers to decide the 10 worst songs of the 1990s. I’m not sure I agree with all of Rolling Stone’s list, but that shouldn’t be surprising; such lists are meant for debate, after all. To determine the “worst,” songs appropriate for the “Vinyl from Hell” segment that used to be on a Madison FM rock station, requires some criteria, which does not include mere overexposure (for instance, “Macarena,” the video of which I find amusing since it looks like two bankers are singing it). Before we go on: Blog posts like this one require multimedia, so if you find a song you hate on this blog, I apologize. These are also songs that I almost never listen to because my sound system has a zero-tolerance policy — if I’m listening to the radio or a CD and I hear a song I don’t like, it’s, to quote Bad Company, gone gone gone. My blonde wife won’t be happy to read that one of her favorite ’90s songs, 4 Non Blondes’ “What’s Up,” starts the list. (However,…
    • “You have the right to remain silent …”
  • Madison
    • Blasts from the Madison media past
    • Blasts from my Madison past
    • Blasts from our Madison past
    • What’s the matter with Madison?
    • Wisconsin – Madison = ?
  • Sports
    • Athletic aesthetics, or “cardinal” vs. “Big Red”
    • Choose your own announcer
    • La Follette state 1982 (u0022It was 30 years ago todayu0022)
    • The North Dakota–Wisconsin Hockey Fight of 1982
    • Packers vs. Brewers
  • Hall of Fame
    • The case(s) against teacher unions
    • The Class of 1983
    • A hairy subject, or face the face
    • It’s worse than you think
    • It’s worse than you think, 2010–11 edition
    • My favorite interview subject of all time
    • Oh look! Rural people!
    • Prestegard for president!
    • Unions vs. the facts, or Hiding in plain sight
    • When rhetoric goes too far
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