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POPSThe Great Depression Hoax Are we a nation of whiners, as Phil Gramm put it a little while ago? No, the American public is not whining...More likely, though, Americans are just leaving the whining to pundits and trend reporters. Our problem is not whining. It is persuading young people that, with baby boomers retiring, entitlement programs bulging and the world economy growing ever more competitive, now's the time to roll up the sleeves for something other than tattoos. For example, India produces 2.5 million college graduates every year (with concentrations in high demand fields - electronics, programming, engineering, accounting, etc.), and approximately 90,000 MBA's. Nothing against tattoos, but I do feel ignorance and apathy are much too prominent in America. Awareness of ignorance is the first step to wisdom.
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POPSObama's Fair Tax Mr. Warren, a man of the cloth, has done us a great service by asking the candidates to answer a pretty secular question: What kind of income makes an American "rich"? Maybe in the more secular setting of an upcoming debate, one of our nonpastor moderators could ask the candidates the moral question: What specific rate of individual taxation would it take for the rich to be paying their fair share?
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POPSNo Tax Increase Needed for Social Security, Medicare, Medicaid... If Congress were to act responsibly (yes, an oxymoron), it would hold down the growth of spending, as was done in the late 1980s and late 1990s, and eliminate those government programs that do not meet a reasonable cost-benefit test. As has been shown before, such actions would quickly eliminate the deficit.
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POPSCigarette Tax Burnout In New York City and State, tobacco taxes have been raised so many times that the retail cost can exceed $9 a pack -- about double the national average. Few budget-savvy smokers in the Big Apple pay that tax. Patrick Fleenor, an expert on tobacco taxes at the Tax Foundation, estimates that there is "now a 75% gap between cigarette sales in the city and cigarette consumption." In other words, three out of four cigarettes are bought elsewhere or are contraband. In New Jersey, about 40% of the Marlboros and Virginia Slims that are lit up escape the $2.57-a-pack tax. In Washington State, evasion was so rampant that the legislature decided in 2005 to lower the 75% tax on cigars and other tobacco products as a way to raise revenue and help state retailers.
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POPSChavez - More Like Castro Everyday Nevertheless, Mr. Chávez appears pleased with the circumstances, illuminating another way in which he resembles Castro: Both men are narcissists above all else, and both have been driven by an intense desire to rule as the omnipotent caudillo. The welfare of the nation is beside the point.
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POPSMore on Obamanomics Obama's economic plan also calls for mandating a "living wage." He plans to saddle retailers with a $10 minimum wage indexed to inflation, along with a mandate to provide seven days of paid sick leave to workers. Obama assumes business owners will just eat the added costs.
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POPSObama's Tax Redistribution ...Obama's plan would greatly accelerate the decades-long trend toward a federal government that depends for tax revenue almost exclusively on a few high-income people. I guess you can call greatly accelerating in the same direction, "change". Hodge acknowledges that some Americans may cheer this dramatic dependence on the highest earners, but he says the shift should be part of a larger national discussion asking questions such as: * What is the long-term effect on the economy if so few households shoulder such a large share of the tax burden? * When a majority of Americans are paying so little for government, will that majority then demand even more services than they would have otherwise? * Can a tax system so focused on redistribution be compatible with economic growth? The new study, "Hard Numbers on Obama's Redistribution Plan," is available online at www.taxfoundation.org/publications/show/23319.html.
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POPSBaltimore's Capital Punishment Policies Back in the good old days, Baltimore had a smaller percentage of residents living in poverty (22.7%) than the nation as a whole (27.8%), and a greater percentage of families (23.1%) earning a middle-class income of at least $44,600 in today's dollars than the rest of the country (19.1%). Today, the city has a population that is almost 50% smaller, and about 40% of families with children live at or near the federal poverty line. Among the country's 100 most populous cities, Baltimore ranks a shameful 87th on median household income. There are now at least 30,000 housing units in Baltimore that are abandoned and waiting to be demolished, while even old, upper-crust neighborhoods now have a seedy look. Property taxes are so high – as well as the strong likelihood they will soar even higher in the future – that even maintenance, no less capital improvements, are a losing proposition.
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POPSRich Dictator, Poor People Chávez imposes his Bolivarian curriculum, which intends to promote Chavista ideology and eliminate the democratic history of Venezuela. Instead of focusing on educational standards, schools today are becoming miniature military boot camps. It is no surprise that literacy rates are dropping.Children with green uniforms and red berets are handling guns and shouting, “Fatherland, Socialism or Death.” This horrifying phenomenon is fueled by Chávez’s determination to condition the Venezuelan youth into believing his own skewed interpretation of history, through which they will likely become little soldiers for his cause.
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POPSThe Hopeless Press Network news shows have been delivering overly negative reports since 2003. This was standard operating procedure, just more horrific than usual. In 2006, 17 network stories drew comparisons with the Great Depression, from U.S. savings rates to climate change.
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POPSWhy Doctors Have "GTT" This has allowed doctors and hospitals to cut costs and even increase the resources devoted to charity care. Take Christus Health, a nonprofit Catholic health system across the state. Thanks to tort reform, over the past four years Christus saved $100 million that it otherwise would have spent fending off bogus lawsuits or paying higher insurance premiums. Every dollar saved was reinvested in helping poor patients. Texas recently became home to more Fortune 500 companies than New York and California. Things are trending well for the Lone Star State. Anecdotally, we can see that while doctors are moving in, trial lawyers are packing up and heading west. They're GTC -- Gone to California.
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POPSWhat Happened to the American Spirit? More importantly, the economic evolution of places such as China and the Gulf states of the Middle East is intimately tied to something so simple and so essential that it is easily overlooked: the belief that they can achieve anything. That used to be the defining feature of this country, one that peoples throughout the world marveled at and envied.
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POPSA Few Things Moore Forgot in Sicko Michael Moore forgot to mention what the United States does have that other countries do not: A Declaration of Independence. A Constitution. A Bill of Rights. The concepts of individual rights, personal choice, free markets, private investment that develops most of the world's new medications, and the benefit of a private relationship between physicians and their patients without third-party interference. In his hymn to every other nation's superiority to America—in proportion to their commitment to collectivism—Michael Moore forgot to mention any American values at all.
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POPSHealth Care Is Not a Right Some people can't afford medical care in the U.S. But they are necessarily a small minority in a free or even semi-free country...As to this small minority, in a free country they have to rely solely on private, voluntary charity. Yes, charity, the kindness of the doctors or of the better off—charity, not right, i.e. not their right to the lives or work of others. And such charity, I may say, was always forthcoming in the past in America. The advocates of Medicaid and Medicare under LBJ did not claim that the poor or old in the '60's got bad care; they claimed that it was an affront for anyone to have to depend on charity.
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POPSWhat's Wrong with Republicans? To the degree McCain can articulate the above, he will win; to the degree that he either cannot or believes the latest gurus that he must abandon them, he will lose. Moving toward a lite version of the Obamian/European "bipartisan"and socialist view of government and calling it a new conservatism is a prescription for utter disaster. No one can out-Obama Obama.
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POPSShocker: Audit Reveals Abuse of Government Credit Cards In the fraudulent category, a longtime employee of the U.S. Forest Service in Oregon, Debra K. Durfey, wrote convenience checks worth more than $640,000 from 2000 to 2006 to a live-in boyfriend, who used the money for gambling, car expenses and mortgage payments In a case the GAO deemed "abusive," the Postal Service spent $13,500 in 2006 on a dinner at a Ruth's Chris Steak House in Orlando, including "over 200 appetizers and over $3,000 of alcohol, including more than 40 bottles of wine costing more than $50 each and brand-name liquor such as Courvoisier, Belvedere and Johnny Walker Gold." The tab came to more than $160 a head for the 81 guests, the report said. The GAO found that 41 percent of the transactions it examined did not follow government purchasing rules. The problem was worse with larger purchases: Forty-eight percent of transactions over $2,500 were in violation of federal rules, the report said.
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POPSThe First Barbary War On Jefferson's inauguration as president in 1801, Yussif Karamanli, the Pasha (or Bashaw) of Tripoli, demanded $225,000 from the new administration. (In 1800, Federal revenues totaled a little over $10 million.) Putting his long-held beliefs into practice, Jefferson refused the demand. Consequently, in May of 1801, the Pasha declared war on the United States, not through any formal written documents but by cutting down the flagstaff in front of the U.S. Consulate.
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POPS'Should Be' News That Iraq has disappeared from the news--save the stories of suicide bombings that, because the way they are the opposite of the way things 'should be,' are judged to be news--is a dangerous trend.
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POPSLone Star Statement I'm not the biggest fan of Gov. Perry, but I give credit where it's due. Governor Perry is saving Texan businesses $260 million all told in unnecessary unemployment taxes. In recent months he has also directed the state to rebate $170 million that employers paid into the trust fund in 2007.
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POPSFrom Climate Alarmism to Climate Realism As written by the President of the Czech Republic: What I see in Europe (and in the U.S. and other countries as well) is a powerful combination of irresponsibility, of wishful thinking, of implicit believing in some form of Malthusianism, of cynical approach of those who themselves are sufficiently well-off, together with the strong belief in the possibility of changing the economic nature of things through a radical political project.
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