Thursday, December 29, 2005
Travel Bans
The [OFAC] administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries, terrorists, international narcotics traffickers, and those engaged in activities related to the proliferation of weapons of mass destruction. OFAC acts under Presidential wartime and national emergency powers, as well as authority granted by specific legislation, to impose controls on transactions and freeze foreign assets under US jurisdiction. Many of the sanctions are based on United Nations and other international mandates, are multilateral in scope, and involve close cooperation with allied governments.
Judicial Confirmation Hearings
...Supreme Court nominations didn’t used to take so long. As recently as the 1920s, it was still possible for a member of the Supreme Court to resign on a Monday, the President to nominate his successor on a Tuesday, and the Senate to confirm the nominee later that afternoon...Part of the reason for the change is the Senate hearing itself. It was not until 1925 when the Senate Committee on the Judiciary held its first hearing on a Supreme Court nominee. And it was not until the 1950s that hearings became routine–perhaps not coincidently around the same time many Americans were buying their first television set. When Harry Truman nominated Sherman Minton in 1949, Minton actually refused to appear before the Senate committee. He considered it undignified and unnecessary given his record of judicial service. The Senate confirmed him anyway.
Wednesday, December 28, 2005
NSA Wiretapping
The president has the constitutional authority to acquire foreign intelligence without a warrant or any other type of judicial blessing. The courts have acknowledged this authority, and numerous administrations, both Republican and Democrat, have espoused the same view. The purpose here is not to detect crime, or to build criminal prosecutions - areas where the Fourth Amendment's warrant requirements are applicable - but to identify and prevent armed attacks on American interests at home and abroad. The attempt, by Democrats and Republicans alike, to dismantle the president's core constitutional power in wartime is wrongheaded and should be vigorously resisted by the administration.
Peace on Earth… thanks to Globalization
Many causes lie behind the good news -- the end of the Cold War and the spread
of democracy, among them -- but expanding trade and globalization appear to be
playing a major role. Far from stoking a "World on Fire," as one misguided American author has argued, growing commercial ties between nations have had a dampening effect on armed conflict and war, for three main reasons.First, trade and globalization have reinforced the trend toward democracy, and democracies don't pick fights with each other. Freedom to trade nurtures democracy by expanding the middle class in globalizing countries and equipping people with tools of communication such as cell phones, satellite TV, and the Internet. With trade comes more travel, more contact with people in other countries, and more exposure to new ideas. Thanks in part to globalization, almost two thirds of the world's countries today are democracies -- a record high.
Second, as national economies become more integrated with each other, those nations have more to lose should war break out. War in a globalized world not only means human casualties and bigger government, but also ruptured trade and investment ties that impose lasting damage on the economy. In short, globalization has dramatically raised the economic cost of war.
Third, globalization allows nations to acquire wealth through production and trade rather than conquest of territory and resources. Increasingly, wealth is measured in terms of intellectual property, financial assets, and human capital. Those are assets that cannot be seized by armies. If people need resources outside their national borders, say oil or timber or farm products, they can acquire them peacefully by trading away what they can produce best at home.
Much of the political violence that remains in the world today is concentrated in the Middle East and Sub-Saharan Africa -- the two regions of the world that are the least integrated into the global economy. Efforts to bring peace to those regions must include lowering their high barriers to trade, foreign investment, and domestic entrepreneurship.
Very Good
Liberals are claiming that President Bush has violated constitutional restrictions on torture and spying on Americans. Don't they understand that the constitution is a living document that must be reinterpreted in light of new events and understandings? An originalist reading of the constitution would throw us back into the primitive past when the minimum wage was unconstitutional. Fortunately, conservatives know that constitutional interpretation must change with the times and never more so than now. We live in a different world. The Founding Fathers may have been great in their time but they did not face the problems that we face today and we should not be bound by their 18th century ideas of liberty and executive tyranny.
Tuesday, December 27, 2005
The GOP Strikes Again
When Ohio Congressman John Boehner recently told a gathering of student loan bankers that he had some "tricks up my sleeve to protect you," he wasn't talking about new tricks. He was talking about the oldest trick in the book: "Protecting" business people from competition and innovation. Stopping consumers from getting lower rates and better terms for their student loans.
The student loan business is now one of the most profitable in America, says Fortune Magazine. And it did not get that way because student loan bankers are smarter, better or less expensive than bankers in other industries.
It is more profitable because they have more protection from competition. And now Boehner, head of the House Committee that oversees student loan legislation, is promising them even more protection from the one force that drives down prices, improves service, and stimulates innovation: Competition, of course. Which in the student loan business in almost non-existent. Thank you, Congressman Boehner.
That is the way it was until earlier this year, when in January, the Department of Education ruled that borrowers looking to reconsolidate their student loans could sidestep the longstanding anti-competitive rule against doing so.
It was cumbersome, but effective. Borrowers had to use a two-step process of reconsolidating into the federal government's Direct Loan Program, then reconsolidating again with a private lender offering better rates. Before then, borrowers were locked in to their current lender no matter what other lenders offered them a better deal.
In May, the Department of Education set aside another longstanding anti-consumer policy by ruling that borrowers who are still in school could convert their variable rate student loans into fixed-rate consolidation loans before rates increased in July. That way they could take advantage of historically low interest rates, much as millions of other borrowers do with their home loans. While borrowers celebrated, consumer bankers plotted. Enter Boehner. Buried deep in legislation to raise prices on student loans are provisions that will largely outlaw the reforms that introduced so much competition into student loans earlier this year.
If passed, student loans would once again be the only thing sold in America that cannot be freely refinanced.
Columnist Dick Morris calls the anti-refinancing scheme an "obnoxious .. ripoff." Terry Savage, the financial columnist of TheStreet.com, says there is "no way" borrowers should support this plan." The New York Times calls it "Robbing Joe College to Pay Sallie Mae," the country's largest student loan provider. The Times Union of New York, calls plans to outlaw refinancing a "student loan shame.'
Friday, December 23, 2005
Thursday, December 22, 2005
Tis the Season - thank an Illegal
While politicians put presents under their trees they should think about workers such as Buca, a 35-year-old Mexican immigrant who works in North Carolina, where one out of every five Christmas trees sold in the United States is grown. It is grueling, backbreaking work, the sort that most of us born in the United States would never do, for any amount of money. The typical worker makes between $6 and $8 an hour to cut, stack and haul trees on a mountainside. During the harvest season, they routinely pull shifts that last 16 hours, often in harsh weather.Buca (we've omitted his last name to protect his family's identity) has an H-2A temporary agricultural visa, which allows him to work for about 10 months out of the year, while Christmas trees are being grown or cut. Every December, after the harvest, he has to leave the country -- and his wife and two children -- returning only in February. Buca's wife, who works as a nanny, is an illegal immigrant, so she stays behind in North Carolina with their two children rather than risk not being able to get back into the United States.
Buca and his wife arrived in North Carolina in 1994, leaving behind $1-an-hour jobs in a Florida orange grove. Despite their long history of employment in the United States -- and even though their kids are native-born U.S. citizens -- they have no serious shot at permanent resident green cards.
Given her undocumented status, Buca's wife simply can't risk applying without fear of arrest or deportation. Her lack of legal working status is something she shares with more than half of the nation's agricultural workers. Most of the people who raise your turkey in Minnesota, dig your potatoes in Idaho, pick your corn in Illinois, and more are illegal immigrants.
Wednesday, December 21, 2005
ANWR Stalled
[O]ne of the collectivists' tactics is to produce scarcities, particularly of what makes modern society modern — the energy requisite for social dynamism and individual autonomy. Hence collectivists use environmentalism to advance a collectivizing energy policy. Focusing on one energy source at a time, they stress the environmental hazards of finding, developing, transporting, manufacturing or using oil, natural gas, coal or nuclear power.A quarter of a century of this tactic applied to ANWR is about 24 years too many. If geologists were to decide that there were only three thimbles of oil beneath area 1002, there would still be something to be said for going down to get them, just to prove that this nation cannot be forever paralyzed by people wielding environmentalism as a cover for collectivism.
Caribou? They don't care. The population of the Central Artic caribou herd near the oil fields of Prudhoe Bay has grown an average of 8.5% per year. The oil exploration operations don't bother them a bit.
Take the highest estimate of oil reserves from ANWR, then take the lowest. Use those numbers to come up with a mean estimate of ANWR oil potential. That figure is 10.4 billion barrels of oil. That much oil could meet the total petroleum consumption needs of the state of New York for 34 years; Georgia for 54 years, Maine for 259 years, Pennsylvania for 39 years. That is not an insignificant amount of oil.
If the most optimistic estimates of oil reserves in ANWR turn out to be true, it would be enough to replace 30 years of oil imports from Saudi Arabia. That is not an insignificant amount of oil.Will oil production from ANWR exceed estimates? Who knows? The estimates for Prudhoe Bay were around eight billion barrels of oil. So far we've extracted 14 billion barrels .. and we're not near through.
So now you tell us...
7-Timer
Congrats to Kelly Slater for his Seventh WST World Championship. With the exception of the accomplishments of Mr. Lance Armstrong "Crowe," this feat is aboslutely unparalleled in sport. But you never even hear about it in the American MSM. Anyway, not bad for an EAST-coaster.
Tuesday, December 20, 2005
Will on Wire Tapping
Particularly in time of war or the threat of it, government needs concentrated decisiveness -- a capacity for swift and nimble action that legislatures normally cannot manage. But the inescapable corollary of this need is the danger of arbitrary power.Modern American conservatism grew in reaction against the New Deal's creation of the regulatory state, and the enlargement of the executive branch power that such a state entails. The intellectual vigor of conservatism was quickened by reaction against the Great Society and the aggrandizement of the modern presidency by Lyndon Johnson, whose aspiration was to complete the project begun by Franklin Roosevelt.Because of what Alexander Hamilton praised as "energy in the executive,'' which often drives the growth of government, for years many conservatives were advocates of congressional supremacy. There were, they said, reasons why the Founders, having waged a revolutionary war against overbearing executive power, gave the legislative branch pride of place in Article I of the Constitution.
Thursday, December 15, 2005
Wasted Charity
Africa has no real shortage of capable people - or even of money. The patronizing attention of donors has done violence to Africa's belief in itself, but even in the absence of responsible leadership, Africans themselves have proven how resilient they can be - something they never get credit for. Again, Ireland may be the model for an answer. After centuries of wishing themselves onto other countries, the Irish found that education, rational government, people staying put, and simple diligence could turn Ireland from an economic basket case into a prosperous nation. In a word - are you listening, Mr. Hewson? - the Irish have proved that there is something to be said for staying home.
Friday, December 09, 2005
Dr. Big Brother
People who are grossly overweight, who smoke heavily or drink excessively could be denied surgery or drugs following a decision by a Government agency yesterday.
Thursday, December 08, 2005
Why the Beatles Rule (...and always will)
On a side note, can you name a figure of historical significance that is known by three names that is also NOT an evil SOB??
Randian Christmas
Christmas in America is an exuberant display of human ingenuity, capitalist productivity, and the enjoyment of life. Yet all of these are castigated as "materialistic"; the real meaning of the holiday, we are told, is assorted Nativity tales and altruist injunctions (e.g., love thy neighbor) that no one takes seriously.In fact, Christmas as we celebrate it today is a 19th-century American invention. The freedom and prosperity of post-Civil War America created the happiest nation in history. The result was the desire to celebrate, to revel in the goods and pleasures of life on earth. Christmas (which was not a federal holiday until 1870) became the leading American outlet for this feeling.Historically, people have always celebrated the winter solstice as the time when the days begin to lengthen, indicating the earth's return to life. Ancient Romans feasted and reveled during the festival of Saturnalia. Early Christians condemned these Roman celebrations -- they were waiting for the end of the world and had only scorn for earthly pleasures. By the fourth century, the pagans were worshipping the god of the sun on December 25, and the Christians came to a decision: if you can't stop 'em, join 'em. They claimed (contrary to known fact) that the date was Jesus' birthday, and usurped the solstice holiday for their Church.Then came the major developments of 19th-century capitalism: industrialization, urbanization, the triumph of science -- all of it leading to easy transportation, efficient mail delivery, the widespread publishing of books and magazines, new inventions making life comfortable and exciting, and the rise of entrepreneurs who understood that the way to make a profit was to produce something good and sell it to a mass market.For the first time, the giving of gifts became a major feature of Christmas. Early Christians denounced gift-giving as a Roman practice, and Puritans called it diabolical. But Americans were not to be deterred. Thanks to capitalism, there was enough wealth to make gifts possible, a great productive apparatus to advertise them and make them available cheaply, and a country so content that men wanted to reach out to their friends and express their enjoyment of life. The whole country took with glee to giving gifts on an unprecedented scale.Santa Claus is a thoroughly American invention. There was a St. Nicholas long ago and a feeble holiday connected with him (on December 5). In 1822, an American named Clement Clarke Moore wrote a poem about a visit from St. Nick. It was Moore (and a few other New Yorkers) who invented St. Nick's physical appearance and personality, came up with the idea that Santa travels on Christmas Eve in a sleigh pulled by reindeer, comes down the chimney, stuffs toys in the kids' stockings, then goes back to the North Pole.Of course, the Puritans denounced Santa as the Anti-Christ, because he pushed Jesus to the background. Furthermore, Santa implicitly rejected the whole Christian ethics. He did not denounce the rich and demand that they give everything to the poor; on the contrary, he gave gifts to rich and poor children alike. Nor is Santa a champion of Christian mercy or unconditional love. On the contrary, he is for justice -- Santa gives only to good children, not to bad ones.All the best customs of Christmas, from carols to trees to spectacular decorations, have their root in pagan ideas and practices. These customs were greatly amplified by American culture, as the product of reason, science, business, worldliness, and egoism, i.e., the pursuit of happiness.
Tuesday, December 06, 2005
Tummy Tuck Vacation
Last year, the medical-tourism business grossed around $40 billion, and the numbers are getting bigger every day. A recent McKinsey study predicts that medical tourism in India, worth $333 million last year, will bring in $2.3 billion by 2012. Compare price tags and you'll understand why. A bone-marrow transplant costs $2.5 million in the United States. Doctors in India can do it for $26,000. Heart-bypass surgery runs $60,000 to $150,000 in this country. In Asia, the average cost is $10,000. Other less-serious procedures—tummy tucks, face lifts, breast implants, LASIK eye surgery, even MRIs and dental work—can also be had at a fraction of they cost here.
The hospitals abroad offering these bargains insist that the savings come at no sacrifice to quality. They lure potential patients with airport pick-ups, private nurses, frequent-flier miles, and all-inclusive post-op resort stays. Why go to the hospital in Boston if you can stay in a five-star hotel in Thailand? A record 1 million tourists traveled to that country last year for health care. Using Thailand's success as a model, countries like India, Malaysia, Singapore, and the Philippines have established governmental committees to promote medical tourism.
Monday, December 05, 2005
Lincoln: Patriot or Tyrant?
She also correctly states that after his election as president, the top requirement for members of his cabinet was that they had to be former Whigs. But she completely misses the significance of this point – of the total victory of the old Whigs. For the previous thirty years the Whig Party was the party of Henry Clay’s "American System," period. Lincoln toiled as much as anyone in the political trenches of the Whig Party for decades to attempt to secure the planks of this "system" – protectionist tariffs, a monopoly central bank run by the federal government, and corporate welfare for the railroad and road-building industries (and later, free land giveaways). This is why they were Whigs: they were the political water carriers of the mostly northern business and banking elite, as their political descendants, the Republican Party, still are to this day. Lincoln filled his cabinet with former Whigs like himself so as to guarantee that the old Whig economic agenda would be a top priority.
The distinguishing feature of these neo-mercantilist policies was that they were all
tools of political plunder that primarily benefited the rich and politically well connected at the expense of the rest of society...Students of politics have understood for literally centuries that the key to success in democratic politics is to use the coercive powers of the state to dispenseconcentrated benefits (through spending, tariffs that block competition, etc.) on well-organized special interest groups while dispersing and disguising the costs among the general population. The so-called "American System" was a textbook example of this age-old recipe for political plunder…
Will on Incumbent Protection
When writing regulations to implement McCain-Feingold, the Federal Election Commission in 2002 declined to bring Internet political speech, meaning bloggers, under the metastasizing federal apparatus of speech regulation. McCain-Feingold does not mention the Internet when listing forms of "public communication" (e.g., mailings, billboards) the FEC should regulate. But unregulated speech is an affront to today's liberalism. And a federal judge with an interesting theory of liberty—that whatever Congress does not specifically exempt from regulation should be regulated—decided that the FEC's exempting the Internet from regulation is impermissible because Congress was silent on the subject. She ordered the FEC to write regulations. This, even though Internet communication is limitless, virtually cost-free and, hence, wonderfully anarchic.
So Rep. Jeb Hensarling, a 48-year-old Texan, tried riding to the rescue. Hensarling is a Republican, which means next to nothing nowadays, but also a libertarian, which means he believes, as Republicans once did, in limited government. He proposed the Online Freedom of Speech Act, to exclude blogs, e-mails and some other Internet communications from federal regulation. He got 55 percent of the House votes, but two thirds were needed to get expedited action. The speech rationers, a.k.a. the "reform community"—abetted by much of the unregulated mainstream media, which advocate regulating rivals—will redouble their efforts to clamp the government's grip on the Internet, and require bloggers to hire lawyers.