Archive for 2013

CHANGE: Obama’s Base Increasingly Wary Of Drone Program. “The issue grates on some Democrats who backed Obama over Hillary Clinton because of her vote in favor of the war in Iraq, only to see the president ignore a campaign promise to close the detainee holding camp in Guantanamo, Cuba, and mount a troop surge in Afghanistan.”

They told me if I voted for Mitt Romney, we’d see a war on terror that John Bolton endorsed. And they were right!

SEN. TED CRUZ PWNS RAHM EMANUEL. “In light of the reception you have received in the Windy City, please know that Texas would certainly welcome more of your business and the jobs you create. Texans value jobs and value freedom, and over 1000 people a day are moving to Texas (often from cities like Chicago), because Texas is where the jobs are.”

PEW STUDY: Voting In The United States Is Kind Of A Mess. Yes, and this is one of those places where the chattering classes are curiously uneager to emulate the international standard, with strict ID rules, purple fingers to avoid multiple voting, etc.

IN AN EDITORIAL, the Boston Herald endorses my revolving-door surtax on post-government employment.

As a senator from Connecticut, Democrat Christopher Dodd earned $174,000 in his last year in office. In 2011 he became head of the Motion Picture Association of America at $1.2 million a year. U.S. Rep. Billy Tauzin (R-La.) earned $158,000 in his last year in the House, 2004, and $2.06 million the next year as head of the Pharmaceutical Research and Manufacturers of America.

Congress is not unique. The regulatory and executive agencies display this behavior too. What the employer is trying to buy is knowledge, connections and influence. You could think of these as intangible capital, and the Reynolds tax as a form of capital gains tax.

It’s nice to have my ideas noticed.

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): Harvard Study: Just 6 in 10 Millennials have jobs, half are part-time.

A comprehensive new Harvard University report on Americans under 30, the so-called Millennials, shows that the economy is having a crushing impact, with just 62 percent working, and of those, half are toiling at part-time jobs.

The report, released by Harvard’s Institute of Politics, paints a depressing economic portrait of young Americans, many of whom are stuck with huge college tuition bills and little chance of finding a high-paying job. Those figures are stark: 62 percent halve jobs; 31 percent of those work part-time; and 27 percent are out of the workforce. The rest are dubbed “unemployed.”

But over half, or 59 percent of those aged 18-29, have gone to college and The report reveals that time in college is a better sign of social status than income, mostly because jobs aren’t available.

Or maybe I should have styled this “Higher Education Bubble Update.”

CONGRATULATIONS: Eastern Kentucky U. Earns FIRE’s Highest Campus Free Speech Rating. “Eastern Kentucky University (EKU) has eliminated all of its speech codes, earning the highest, ‘green light’ rating for free speech from FIRE. EKU is now one of just 16 schools nationwide to earn a green light and as Kentucky’s first green light school.”

I’m proud to say that the University of Tennessee has a green light rating.

STEPHEN GREEN: Only One Michael Moore was Harmed in the Making of this Column. “The United States Post Office has a problem: It’s a dinosaur. And I don’t mean one of those Jurassic Park-style T-Rexes that can run 30 miles an hour. I mean what we used to think of as dinosaurs — huge, lumbering beasts that had to live in deep swamps because their legs couldn’t support their own weight. USPS owns eleventy-billion trucks and employs eleventy-billion union workers, all to deliver a product nobody wants.”

HMM: Is Senator Menendez Doomed? “There are rumors that powerful Democrats are now working to hasten the downfall of Menendez. . . . Attempts by certain liberal journalists (e.g., Chris Cillizza of the Washington Post) to minimize the seriousness of this scandal will prove ineffectual, because if Senator Menendez tries to hang on, it might inspire greater scrutiny to other politicians connected to Dr. Melgen, and those other politicians don’t need that scrutiny.” Stay tuned.

UH OH: Hagel Vote Postponed. “What is unclear is whether this is a somewhat choreographed maneuver whereby the White House, the Senate and Hagel can all end this. Not unlike Harriet Miers, whose nomination to the Supreme Court ended when the White House could not provide documents covered under executive privilege, this gives all sides a chance to end what has been a disastrous nomination. In the short term this provides Republican opponents more time to secure opposition. From the administration’s point of view, it must endure another round of Sunday shows.”