Archive for November, 2011

November 30, 2011

Gingrich and Immigration – Thomas Sowell

When you import people, you import cultures, including cultures that have been far less successful in providing decent lives and decent livelihoods. The American people have a right to decide for themselves whether they want unlimited imports of cultures from other countries.

By Thomas Sowell

Now that Newt Gingrich has become the latest in a series of Republican front-runners, he is getting the kinds of scrutiny and attacks that have done in other front-runners.

One of the issues that have aroused concern among conservative Republicans is that of amnesty for illegal immigrants, especially after Gingrich said that it would not be “humane” to deport someone who has been living and working here for years.

Let’s go back to square one. The purpose of American immigration laws and policies is not to be either humane or inhumane to illegal immigrants. The purpose of immigration laws and policies is to serve the national interest of this country.

There is no inherent right to come live in the United States, in disregard of whether the American people want you here. Nor does the passage of time confer any such right retroactively.

The usually sober and thoughtful Wall Street Journal, on issues other than immigration, outdoes Newt Gingrich’s claim that it would not be “humane” to deport illegal immigrants who have been living here a long time. A Wall Street Journal editorial says that it would be “psychotic” to do so.

“No one honestly believes the government should or will mount a nationwide manhunt to deport millions of people,” according to the Wall Street Journal.

What we have today is virtually the opposite of that. Cities that openly proclaim themselves “sanctuaries” for illegal immigrants put their own policemen under strict orders not to report illegal immigrants to the federal authorities, with the result that illegal immigrants who have committed crime after crime are free to stay here and commit more crimes, including murder.

Read full article here:  Gingrich and Immigration – Thomas Sowell – Townhall Conservative.

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November 30, 2011

Indoctrination: A Must Read For Parents, Taxpayers and Everyone Else

To a large extent, the progressives have taken over American education, are transforming it and are doing it in plain sight.

President California Teachers Empowerment Network

Indoctrination: How ‘Useful Idiots’ Are Using Our Schools to Subvert American Exceptionalism is an invaluable book written by Kyle Olson, founder and CEO of the Education Action Group, an organization that is on the frontline of education reform and a champion of school choice.

In this brief and very readable book, Olson describes the ways that the progressives in our society have taken over K-12 education. They have been running most of our elite colleges and schools of education for years now and this step is in keeping with their plan to transform America.

As a public school teacher whose career spanned four decades, I have seen the long march first hand. Perverting the traditional purpose of American education (which has been to make better and more educated citizens), progressives have been inspired by the theories of Paolo Freire, a Brazilian socialist who saw everything through a Marxist class warfare lens.

Carrying Freire’s mantle, current gurus like revolutionary terrorist Bill Ayers and the recently deceased Communist Howard Zinn have been behind the effort to destroy America as we know it. They claim that basically the U.S. and its capitalist system are the root of all evil. Unfortunately, their love-the-world/hate-America attitude has gained an incredible amount of currency in our public schools in a relatively short time. Ayers, Zinn and their ilk have essentially managed to convince much of the education establishment to abandon every teaching technique and curriculum that benefited prior generations. For example, “drill and kill” has been thrown on the refuse heap; we are now supposed to let our students “discover” learning. The “sage on the stage” has been replaced by the “guide on the side.” The only problem with these techniques is that they haven’t worked, but they do sound good (at least to the progressives.) As such, we are now raising a nation of dunces.

On the 2010 NAEP history test, we learned that only 12 percent of high school seniors have a firm grip on American history. Yes, we are educating students to the point that almost half the nation thinks that the cornerstone of Communism, “From each according to his ability, to each according to his needs,” is in the U.S. Constitution. Only 2 percent of high school seniors know the significance of Brown vs. the Board of Education and only 4 percent of 8th graders could explain why urban populations rose and rural populations shrank over time.

So just what are we teaching them?

This is where Olson’s book shines. In chapter after chapter, he meticulously details lessons being foisted on students that are being taught for one purpose only – to advance the progressive agenda. A few examples:

  • An examination of the nature and extent of police brutality, which is being promoted in middle schools by none other than Van Jones, conspiracy enthusiast extraordinaire.
  • A clever lesson using poker chips, the aim of which is to convince students that unequal distribution of wealth has to do with the fact that the U.S. has more than its share of resources, not that we have a wealth-promoting capitalist system.
  • “I Pledge Allegiance to the Earth.” Yup, no more of this silly patriotic stuff. Children, you are denizens of the earth! (I wonder what our political enemies think of this rubbish… when they stop laughing, that is.)

Rightfully, Olson reserves a special section for the unions whose far left agenda has been well documented, and who have gone to great lengths to make this country over in their own image. Their attempts to indoctrinate kids and glorify the union movement are staggering. For example,

  • “Trouble in the Henhouse: A Puppet Show.” In this charming bit of propaganda put out by the California Federation of Teachers aimed at kindergartners, we find  an oppressive farmer whose hens unionize and convince the heartless farmer that he’d better respect them or else.
  • The “Yummy Pizza Company” is another lesson from CFT — actually ten, which delve into the process of organizing a union local. They include instructions on how to collectively bargain as well as a sanitized look at prominent labor leaders.
  • Click Clack Moo, a popular book promoted by the AFL-CIO, tells second graders about unhappy cows that refuse to work until the mean farmer is forced to meet their demands.

And while we are teaching our children the joys of class warfare, earth worship and the importance of union membership, other countries that are more serious about educating their young are cleaning our clocks in every international comparison available.

Actually, it is even worse than Olson suggests. There is one aspect of the progressive takeover that he gave short shrift to. Except for SB 48, an obscene bit of legislation in California which will bring the contributions of homosexuals and transgenders into the K-12 curriculum, there is little mention of the progressives’ ongoing effort to sexualize children. From Gay-Straight clubs in middle school (where parents do not have to be notified of their child’s involvement) to attempts to teach orgasm to eleven year olds, the radicals led by the National Education Association have been making alarming progress.

Another example of the progressives’ sexual agenda is which holidays are deemed important. Few people are aware of what holiday is celebrated on November 20th. But every student at the middle school where I worked till my retirement in 2009 knows, because the school spent more time acknowledging that day — “Transgender Day of Remembrance” — than Veteran’s Day, November 11th.  TDR was considered more worthy of the students’ time at my school than a holiday which acknowledges the contributions of American soldiers. (Maybe this shouldn’t be surprising. At the same school, posters of Che Guevara adorned the walls of no less than five classrooms, including an American history class that had no pictures of Washington or Lincoln. Che was considered a hero by these teachers who passed this admiration on to their impressionable students. Of course the real life Che was a sadistic mass murderer, but being a progressive means never having to sweat minor details like the truth.)

Clearly Indoctrination is a book that could leave citizens in a state of great despair. But fortunately, in the last chapter, Olson lists several important ways that parents and the general public can fight back. And if this country isn’t to become permanently transformed — fight back we must. None of our international enemies are as powerful, organized and, thus far, as successful as our home grown progressives who are bent on destroying public education as we know it in America. It is imperative that we all become more knowledgeable about what is going on in our schools and take action. Kyle Olson’s Indoctrination is an excellent place to start that process.

Larry Sand, a former classroom teacher, is the president of the non-profit California Teachers Empowerment Network – a non-partisan, non-political group dedicated to providing teachers with reliable and balanced information about professional affiliations and positions on educational issues.

November 28, 2011

The Facts About the Bush Tax Cuts: Bush Stimulas vs Obama Stimulas

Full Employment, Highest GDP in 20 years

Under George W. Bush’s “tax cuts for the rich” the rich paid more in taxes in 2005 than any time in the prior 20 years. 

…the Bush economic program created the lowest unemployment level ever.

By Erick Erickson

A lot of the media and all of the Democrats seem to forget one simple fact about the Bush tax cuts: they were passed in response to a recession occurring as George W. Bush and Dick Cheney entered office.

Moe Lane wrote an excellent post about the impact of the Democrats not extending the Bush tax cuts, but what about what they actually did.

We should not forget that.

The 2001 Economic Growth and Recovery Tax Act was George Bush’s version of Barack Obama’s stimulus plan. However, instead of creating a bunch of temporary government jobs and subsidizing the expansion of government, it cut tax rates, increased the child tax credit, increased the standard deduction for married couples, and increasing contribution caps for a variety of savings programs. The result? The recession ended in November of 2001. (Source)

But, September 11, 2001, happened as the economy was recovering and throughout 2002, the economy grew at an anemic rate. The Jobs and Growth Tax Relief Reconciliation Act of 2003 revved up the 2001 tax cut package and cut taxes again on dividends and capital gains.

The result?

Under George W. Bush’s “tax cuts for the rich” the rich paid more in taxes in 2005 than any time in the prior 20 years. In fact, as the Wall Street Journal noted, thanks to George W. Bush’s tax cuts for the rich, the richest one percent went from paying 25% of all income taxes in 1990 to 39% in 2005. The richest 5% went from paying 44% of all income taxes in 1990 to paying 60% of all income taxes in 2005.

In 1980, when the top income tax rate was 70%, the richest 1% paid only 19% of all income taxes; now, with a top rate of 35%, they pay more than double that share.

More crucially, after the 2001 initial tax cuts, the annual growth rate went from 0.3% in 2001 to 2.5% in 2002. By 2004, GDP growth was the highest in 20 years. (Source)

Likewise, after the 2003 tax cuts, the unemployment rate fell to the lowest level since World War II. Let me repeat that: the Bush economic program created the lowest unemployment level ever. In fact, economists liken it to full employment given the demographic composition of those who were left on the unemployment line.

This is but a bit of what the Bush tax cuts did.

Why then the collapse? There are lots of reasons for the collapse. For one thing, contrary to what economists would have you believe, they are not scientists and the economy is not a science. There have been upturns and downturns in the economy since economies first developed several millennia ago. But also, massive new regulations in Sarbanes-Oxley and the continuing incursion of the government via Fannie and Freddie into private lending markets forcing private lenders to launch even riskier ventures to stay profitable led to a lot of schemes collapsing in on themselves and taking the economy out too.

That has nothing to do with the Bush tax cuts. The Bush tax cuts, objectively, helped the economy both recovery from the 2000-2001 recession and spur some of the greatest economic activity the nation has ever seen.

In their efforts to end the Bush tax cuts during a prolonged recession, the Democrats risk making the economy worse and introducing greater uncertainty into the market.

via The Facts About the Bush Tax Cuts | RedState.

November 27, 2011

Some Belated Parental Advice to Protesters – Marybeth Hicks

Marybeth Hicks Columnist Oct 20,  2011
(Excerpt):

Here, then, are five things the OWS protesters’ mothers should have taught their children but obviously didn’t, so I will:

• Life isn’t fair. The concept of justice – that everyone should be treated fairly – is a worthy and worthwhile moral imperative on which our nation was founded. But justice and economic equality are not the same. Or, as Mick Jagger said, “You can’t always get what you want.”

No matter how you try to “level the playing field,” some people have better luck, skills, talents or connections that land them in better places. Some seem to have all the advantages in life but squander them, others play the modest hand they’re dealt and make up the difference in hard work and perseverance, and some find jobs on Wall Street and eventually buy houses in the Hamptons. Is it fair? Stupid question.

• Nothing is “free.” Protesting with signs that seek “free” college degrees and “free” health care make you look like idiots, because colleges and hospitals don’t operate on rainbows and sunshine. There is no magic money machine to tap for your meandering educational careers and “slow paths” to adulthood, and the 53 percent of taxpaying Americans owe you neither a degree nor an annual physical.

While I’m pointing out this obvious fact, here are a few other things that are not free: overtime for police officers and municipal workers, trash hauling, repairs to fixtures and property, condoms, Band-Aids and the food that inexplicably appears on the tables in your makeshift protest kitchens. Real people with real dollars are underwriting your civic temper tantrum.

• Your word is your bond. When you demonstrate to eliminate student loan debt, you are advocating precisely the lack of integrity you decry in others. Loans are made based on solemn promises to repay them. No one forces you to borrow money; you are free to choose educational pursuits that don’t require loans, or to seek technical or vocational training that allows you to support yourself and your ongoing educational goals. Also, for the record, being a college student is not a state of victimization. It’s a privilege that billions of young people around the globe would die for – literally.

• A protest is not a party. On Saturday in New York, while making a mad dash from my cab to the door of my hotel to avoid you, I saw what isn’t evident in the newsreel footage of your demonstrations: Most of you are doing this only for attention and fun. Serious people in a sober pursuit of social and political change don’t dance jigs down Sixth Avenue like attendees of a Renaissance festival. You look foolish, you smell gross, you are clearly high and you don’t seem to realize that all around you are people who deem you irrelevant.

• There are reasons you haven’t found jobs. The truth? Your tattooed necks, gauged ears, facial piercings and dirty dreadlocks are off-putting. Nonconformity for the sake of nonconformity isn’t a virtue. Occupy reality: Only 4 percent of college graduates are out of work. If you are among that 4 percent, find a mirror and face the problem. It’s not them. It’s you.

via Some Belated Parental Advice to Protesters – Marybeth Hicks – Townhall Conservative.

November 26, 2011

California’s Looming Fiscal Disaster: Sunshine and an Informed Public are the Best Disinfectants

President California Teachers Empowerment Network

With the state and various cities on the brink of insolvency, it’s imperative that the electorate become more informed and demand that school districts and teachers unions do their negotiating in public.

 This past Sunday’s Los Angeles Times above-the-fold headline screamed “Voters back tax hikes for schools.”  It was déja-vu all over again. As I wrote in September,

“… a poll which is biased and does not take into account the knowledge of the people being polled is misleading and dangerous. The public is led to believe that the responders are perceptive and knowledgeable, when in reality so many are not.”

 (And I could have added that a poll that misleads or misinforms its respondents is the most dangerous of all; I’ll address that shortly.)

The Times article reported that a USC Dornsife College of Letters, Arts and Sciences/Los Angeles Times Frequency Questionnaire released last week showed that 61 percent of those surveyed said they would pay higher taxes to boost school funding.

 As I read those words, I wondered,

  • What do those people really know about the amount we already spend on education? For example, do they know that over 50 percent of the state’s general fund spending already goes to education?
  • Do they know how much is wasted on an excessive number of administrators and useless bureaucrats?
  • Do they understand that due to an archaic tenure system, it can cost hundreds of thousands of dollars to try to rid a school system of one incompetent or criminal teacher?
  • Do they know the average teacher’s salary and how much more they get in additional healthcare and pension compensation?
  • Do they know that teachers can pad their pay by taking useless “professional development” classes that can “earn” them an extra million dollars in their careers and retirement?
  • Do they know that practically every teacher contract in the state has a provision whereby teachers who are union representatives get classroom time off each month to do union business while the taxpayers foot the bill for the rep’s substitute teacher?
  • Do they know that it is the taxpayer supported school district, not the teachers unions, that collects the union dues that teachers are forced to pay in this state?
  • Do they know that California already has one of the highest sales and income tax rates in the country?

There was one question where the pollsters intended to educate the people by including the following “information.” They asked,

“As you may know, California currently ranks forty-second out of the fifty states in funding per student. (Bold added.) Would you favor or oppose increasing funding for California‘s public schools, even if it meant an increase in your own taxes?” 61 percent responded that they would favor raising taxes.

The problem with the pollster’s information is that it is very misleading. California is not “forty-second out of the fifty states in funding per student.”

As Sacramento Bee writer Dan Walters pointed out in a column on November 13th, doomsday statistics regarding education matters are typically provided by special interest groups like the National Education Association. What agenda-driven groups typically do is take regional costs such as standard of living into account which skews the numbers in a way that benefits them.

A more objective source like the Census Bureau,

“…surveys all forms of school spending and pegs California‘s per-pupil number at $11,588, just $662 under the national average and 27th-highest in the nation….

“And it’s much higher in some big-city school systems, such as Los Angeles Unified, which has more than 600,000 students, spends $14,100 per pupil and has about a 50 percent high-school dropout rate.”

The non-partisan California Legislative Analysts Office has the state in 31st place in school spending.

The whole spending issue becomes even more convoluted, because typically school districts don’t count capital expenses, e.g. the cost of school buildings, in their per-student spending. Since students don’t take classes at the beach or in a field, these costs must be included to give the public an idea of the true cost of educating a child. Including capital costs, the dollar amount that Adam Schaeffer of the Cato Institute came up with for Los Angeles Unified is $25,208 per year.

Mike Antonucci, director of the Education Intelligence Agency, looks at the situation from another perspective.  Last May, he pointed out,

“The latest Census Bureau report provides details of the 2008-09 school year, as the nation was in the midst of the recession.”

He then breaks the national numbers down state by state and in California, we find that for the years 2003-2004 to 2008-2009 school enrollment went down 87,548 or 1.4%, but at the same time we added over 3,000 teachers (1.1%) and spending went up a whopping 24.1%.

So even in a time period which included a world wide recession, we see a big increase in spending and a shrinking teacher/student ratio.

The bottom line is that we should not let special interests get away with using skewed data in an attempt to con the public. People need to become better consumers by making a concerted effort to become more informed about what we really spend on education.

One way to accomplish this would be for the public to get directly involved with teacher contract negations. As Education Action Group’s Steve Gunn wrote last week,

“Local taxpayers across the nation cough up millions of dollars every year to fund their local schools. About 75 percent of those schools’ budgets are dominated by labor costs, mostly negotiated union labor costs.” (Bold added.)

“But there’s nothing they can do to address that concern if compensation is negotiated behind their backs.”

And in fact, public scrutiny is a reality. School districts in Idaho, New Jersey, New York and elsewhere have gone public with their contract negotiations.

If Californians don’t become more informed and demand public access to teacher’s contract negotiations — and in fact all public employee contract negotiations — they will continue to let the special interests have their way while the taxpayers get to pay and pay and pay. However there is a limit to the fiscal abuse that the formerly Golden State can stand before it becomes insolvent.

Larry Sand, a former classroom teacher, is the president of the non-profit California Teachers Empowerment Network – a non-partisan, non-political group dedicated to providing teachers with reliable and balanced information about professional affiliations and positions on educational issues.

November 26, 2011

Caroline Glick :: Calling things by their proper names – Another American Defeat.

Ahmadinejad & Maliki against the West

HOW HAS this situation arisen? How is it possible that the US finds itself today with so few good options in the Arab world after all the blood and treasure it has sacrificed? The answer to this question is found to a large degree in an article by Prof. Angelo Codevilla in the current issue of the Claremont Review of Books titled “The Lost Decade.”

Codevilla argues that the reason the US finds itself in the position it is in today owes to a significant degree to its refusal after September 11, 2001, to properly identify its enemy. US foreign policy elites of all stripes and sizes refused to consider clearly how the US should best defend its interests because they refused to identify who most endangered those interests.

The Left refused to acknowledge that the US was under attack from the forces of radical Islam enabled by Islamic supremacist regimes such as Saudi Arabia and Iran because the Left didn’t want the US to fight. Moreover, because the Left believes that US policies are to blame for the Islamic world’s hostility to America, leftists favor foreign policies predicated on US appeasement of its enemies.

For its part, the Right refused to acknowledge the identity and nature of the US’s enemy because it feared the Left.

And so, rather than fight radical Islamists, under Bush the US went to war against a tactic – terrorism. And lo and behold, it was unable to defeat a tactic because a tactic isn’t an enemy. It’s just a tactic.

via Caroline Glick :: Calling things by their proper names.

EDITORS NOTE;

Caroline does not mention the issue of oil and how our dependence on Islamist oil has enabled the rise of radical Islam. What ideology is more responsible for America’s dependency on Islamist Oil? Why do we fear the Left? We need to first deal with the fundamental internal resistance to our ability to clearly define and disable our enemies. We absolutely must replace Obama and win the Senate in order for America’s Constitution to survive.

November 25, 2011

Climategate 2.0: New E-Mails Rock The Global Warming Debate – Corruption exposed again.

How to spin a lie.

A new batch of 5,000 emails among scientists central to the assertion that humans are causing a global warming crisis were anonymously released to the public yesterday, igniting a new firestorm of controversy nearly two years to the day after similar emails ignited the Climategate scandal.

Three themes are emerging from the newly released emails: (1) prominent scientists central to the global warming debate are taking measures to conceal rather than disseminate underlying data and discussions; (2) these scientists view global warming as a political “cause” rather than a balanced scientific inquiry and (3) many of these scientists frankly admit to each other that much of the science is weak and dependent on deliberate manipulation of facts and data.

Regarding scientific transparency, a defining characteristic of science is the open sharing of scientific data, theories and procedures so that independent parties, and especially skeptics of a particular theory or hypothesis, can replicate and validate asserted experiments or observations. Emails between Climategate scientists, however, show a concerted effort to hide rather than disseminate underlying evidence and procedures.

“I’ve been told that IPCC is above national FOI [Freedom of Information] Acts. One way to cover yourself and all those working in AR5 would be to delete all emails at the end of the process,”writes Phil Jones, a scientist working with the United Nations Intergovernmental Panel on Climate Change (IPCC), in a newly released email.

“Any work we have done in the past is done on the back of the research grants we get – and has to be well hidden,” Jones writes in another newly released email. “I’ve discussed this with the main funder (U.S. Dept of Energy) in the past and they are happy about not releasing the original station data.”

The original Climategate emails contained similar evidence of destroying information and data that the public would naturally assume would be available according to freedom of information principles. “Mike, can you delete any emails you may have had with Keith [Briffa] re AR4 [UN Intergovernmental Panel on Climate Change 4th Assessment]?” Jones wrote to Penn State University scientist Michael Mann in an email released in Climategate 1.0. “Keith will do likewise. … We will be getting Caspar [Ammann] to do likewise. I see that CA [the Climate Audit Web site] claim they discovered the 1945 problem in the Nature paper!!”

The new emails also reveal the scientists’ attempts to politicize the debate and advance predetermined outcomes.

“The trick may be to decide on the main message and use that to guid[e] what’s included and what is left out” of IPCC reports, writes Jonathan Overpeck, coordinating lead author for the IPCC’s most recent climate assessment.

“I gave up on [Georgia Institute of Technology climate professor] Judith Curry a while ago. I don’t know what she thinks she’s doing, but its not helping the cause,” wrote Mann in another newly released email.

via Climategate 2.0: New E-Mails Rock The Global Warming Debate – Forbes.

November 23, 2011

The Laffer Curve: A Lesson in Logic for Liberals who can’t do math. Terrorism for the Left.

By Daniel J. Mitchell

Daniel J. Mitchell is a top expert on tax reform and supply-side tax policy at the Cato Institute.


One of my frustrating missions in life is to educate policy makers on the Laffer Curve.

This means teaching folks on the left that tax policy affects incentives to earn and report taxable income. As such, I try to explain, this means it is wrong to assume a simplistic linear relationship between tax rates and tax revenue. If you double tax rates, for instance, you won’t double tax revenue.

But it also means teaching folks on the right that it is wildly wrong to claim that “all tax cuts pay for themselves” or that “tax increases always mean less revenue.” Those results occur in rare circumstances, but the real lesson of the Laffer Curve is that some types of tax policy changes will result in changes to taxable income, and those shifts in taxable income will partially offset the impact of changes in tax rates.

However, even though both sides may need some education, it seems that the folks on the left are harder to teach — probably because the Laffer Curve is more of a threat to their core beliefs.

If you explain to a conservative politician that a goofy tax cut (such as a new loophole to help housing) won’t boost the economy and that the static revenue estimate from the bureaucrats at the Joint Committee on Taxation is probably right, they usually understand.

But liberal politicians get very agitated if you tell them that higher marginal tax rates on investors, entrepreneurs, and small business owners probably won’t generate much tax revenue because of incentives (and ability) to reduce taxable income.

To be fair, though, some folks on the left are open to real-world evidence. And this IRS data from the 1980s is particularly effective at helping them understand the high cost of class-warfare taxation.

The Liberal Nightmare - Logical Economics

There’s lots of data here, but pay close attention to the columns on the right and see how much income tax was collected from the rich in 1980, when the top tax rate was 70 percent, and how much was collected from the rich in 1988, when the top tax rate was 28 percent.

The key takeaway is that the IRS collected fives times as much income tax from the rich when the tax rate was far lower. This isn’t just an example of the Laffer Curve. It’s the Laffer Curve on steroids and it’s one of those rare examples of a tax cut paying for itself.

Folks on the right, however, should be careful about over-interpreting this data. There were lots of factors that presumably helped generate these results, including inflation, population growth, and some of Reagan’s other policies. So we don’t know whether the lower tax rates on the rich caused revenues to double, triple, or quadruple. Ask five economists and you’ll get nine answers.

But we do know that the rich paid much more when the tax rate was much lower.

This is an important lesson because Obama wants to run this experiment in reverse. He hasn’t proposed to push the top tax rate up to 70 percent, thank goodness, but the combined effect of his class-warfare policies would mean a substantial increase in marginal tax rates.

We don’t know the revenue-maximizing point of the Laffer Curve, but Obama seems determined to push tax rates so high that the government collects less revenue. Not that we should be surprised. During the 2008 campaign, he actually said he would like higher tax rates even if the government collected less revenue.

That’s class warfare on steroids, and it definitely belong on the list of the worst things Obama has ever said.

But I don’t care about the revenue-maximizing point of the Laffer Curve. Policy makers should set tax rates so we’re at the growth-maximizing level instead.

To broaden the understanding of the Laffer Curve, share these three videos with your friends and colleagues.

This first video explains the theory of the Laffer Curve.

Vodpod videos no longer available.

This second video reviews some of the real-world evidence.

Vodpod videos no longer available.

And this video exposes the biased an inaccurate “static scoring” of the Joint Committee on Taxation.

Vodpod videos no longer available.

And once we educate everybody about the Laffer Curve, we can then concentrate on teaching them about the equivalent relationship on the spending side of the fiscal ledger, the Rahn Curve

via A Lesson on the Laffer Curve for Barack Obama – Daniel J. Mitchell – Townhall Finance.

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November 22, 2011

Computerised contact lens will keep you up to date with news and texts

How it might work.

Imagine catching up with your texts, social networking and perhaps the news  without having to log on to a computer or even glance at  a smartphone.

Messages and images would simply appear in front of your eyes, generated by a computerised contact lens.

Of course, you may not always want to be bothered by such messages if you are doing anything so quaint as – for instance – reading a book or going out walking and enjoying the scenery.

But until now the concept of info-vision – the ability to stream information across a person’s field of vision – had belonged to the realms of science fiction, featuring in films such as the Terminator series or TV shows such as Torchwood.

However, scientists have developed a prototype lens that could one day provide the wearer with all kinds of hands-free information.

It could also be used to display directions and TV programmes.

via Computerised contact lens will keep you up to date with news and texts | Mail Online.

November 22, 2011

Top Obama supporter Tony Rezko to be sentenced Tuesday. Will Obama pardon best friend?

Will Obama pardon best bud Tony Rezco?

November, 22, 2011

Antoin “Tony” Rezko was sentenced today to 10½ years in prison for extorting millions of dollars from firms seeking state business or regulatory approval while he was a top fundraiser and adviser to then-Gov. Rod Blagojevich.

June 4, 2008

Antoin “Tony” Rezko, a prominent longtime fundraiser for Sen. Barack Obama, was convicted on June 4, 2008, of federal charges of fraud and money laundering.

There is plenty to scrutinize in Obama’s dealings with Rezko, a developer and political operative who has come to symbolize Illinois’ shadowy and infamous pay-to-play politics

Barack Obama’s position on Iraq has shifted significantly over the last six years. What is interesting is how his position on Iraq matches up with developments in Chicago. Specifically, there appears to be a direct correlation between the rising and falling prospects of his longtime friend and fundraiser Tony Rezko’s attempts to secure multi-million-dollar contracts to build and operate a power plant in Kurdish Iraq and the senator’s Iraq flip-flops.

Interviewer: But you said that troops should be withdrawn.

Obama: No, no. I’ve never said that troops should be withdrawn. What I’ve said is that we’ve got to make sure that we secure and execute the rebuilding and reconstruction process effectively and properly and I don’t think we should have an artificial deadline when to do that. What’s important is that we have a long-term plan in process and short-term security strategy.

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