Categories
General

Abolish Earmarks


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photo credit: Skrewtape

For some time I have been internally conflicted on the issue of congressional earmarking. Many people, including such diverse characters as President Obama and Congressman Chaffetz, have been vocal about calling for an end to earmarks. Others such as my own Congressman, Rob Bishop, reply that earmarks are not an addition to the total size of our federal expenditures – but simply a direction regarding the spending of money already appropriated. Believers in small government who make that argument say that our focus should be on reducing total expenditures rather than shutting down the earmarking process. Personally, I would like to see an end to earmarking and a significant reduction in total spending. (Earmarks alone are an insignificant portion of our spending.)

Categories
Local National

Marionette Bob Bennett


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photo credit: © Giorgio

While candidate Mike Lee acted like a senator on the issue of confirming Ben Bernanke for another term as chairman of the Federal Reserve Board, Bob Bennett acted like a marionette under the control of the mystical wizard of Washington D.C. With a short press release and a predictable vote, our “Senator” Bob Bennett plainly demonstrated the cancerous logic that is rampant among Washington insiders. Here is how he justified his vote to confirm Ben Bernanke:

I reluctantly cast a vote in favor of Ben Bernanke because I do not want to give President Obama the opportunity to put someone who shares his leftist views in charge of the Federal Reserve. I am aware of the mistakes that have been made at the Fed while Chairman Bernanke has been there, but I fear an alternative would be worse for the country’s economic future.

So our elected Marionette is simply trying to save us from having the president nominate someone else. Cute. Perhaps he should have engaged his brain and realized two simple facts – first, if Bernanke was not confirmed by the senate there is little chance that President Obama would have name a more extreme nominee (the natural reaction would be to nominate a safer pick); second, considering the makeup of the Senate (not to mention the final vote tally) opposing Bernanke would have been unlikely to prevent his confirmation but at least it would not have demonstrated approval for his performance (a vote to confirm sends that message more strongly than any press release about your supposed reluctance to cast the vote).

Categories
General

The Right to be Charitable (or Not)


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photo credit: Monjori

A couple of days ago I heard Jason Lewis on the radio talking about how socialism does not create wealth (after Obama’s “where opportunity is absent government must create it” comment it’s obvious that some people just don’t understand that fact) and that the only way that socialism can seem to work is if there are people in society selfishly creating wealth to be redistributed. While Jason started going on about how much better natural self interest is for society than synthetic altruism (my terms, not his) I began thinking that the right to be charitable is one that we must each earn in life.

As an example,  I cannot donate a million dollars to help the relief efforts of Haiti. No matter how much I might want to I simply don’t have the money. There are other people who, through some combination of hard work and chance, have amassed a million dollars or more of money they don’t need for themselves and they can choose to donate that much money to help in Haiti. They have earned the right to make a decision about whether they will do something that generous, but I have not earned that right.

Categories
culture National

Change I Could Believe In


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photo credit: jasoneppink

Back in October I wrote about the dangers of a crisis mentality and tried to show that the abuse of crisis was not a one-party trait. I see that Will Wilkinson did a better job of showing that this month in Let the next crisis go to waste:

The Aughts began in crisis when the second plane hit the second tower on Sept. 11, 2001. The Bush administration, loath to let a serious crisis go to waste, managed to parlay the nation’s alarm and credulity into an ill-conceived invasion of an entirely unrelated country, wasting over a trillion dollars and many tens of thousands of lives, all while losing control of the fight in Afghanistan and failing utterly to bring down Osama bin Laden.

Bush’s botched attempts to capitalize on crisis—the ugly aftermath to which Obama is heir—might have made an alert leader wary. But instead, Obama set up shop in the Oval Office and proceeded immediately to use crisis as (Emanuel’s words again) “an opportunity to do things you’d think you could not do.”

Rather than acting as a prudent guardian of the public good in a time of economic turbulence and hardship, Obama and the Democratic Congress have hurried to check the boxes on their partisan wish list precisely when the nation most needed a restorative break from transformative ambition.

Categories
culture State

Defined Benefit Pensions: A Failed Experiment


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photo credit: inspecie.co.uk

After the town hall meeting I attended on Wednesday I have been thinking about pension plans generally. The state of Utah is looking at changing their pension offerings for new employees to save the state from future financial ruin. I have seen other companies go through that process already. As a nation we have seen the cost of defined benefit pensions contribute mightily to the downfall of GM and Chrysler as well as having a hand in the struggles throughout the airline industry not so many years ago.

As I thought about all these examples I realized that even a fully funded defined benefit pension program is a gamble for any organization. Employees like the security, but it is an inherently risky proposition to offer such a plan.

Categories
life

“Whole Foods” Republican


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photo credit: ilovemypit

Nearly three years ago I publicly wondered where I fit politically. Since then I have solidly concluded that the Republican party is the best fit for me, but now I have found a term for my general political view – I’m a Whole Foods Republican who Michael Petrilli describes as:

independent-minded voters who embrace a progressive lifestyle but not progressive politics. These highly-educated individuals appreciate diversity and would never tell racist or homophobic jokes; they like living in walkable urban environments; they believe in environmental stewardship, community service and a spirit of inclusion. And yes, many shop at Whole Foods . . .

What makes these voters potential Republicans is that, lifestyle choices aside, they view big government with great suspicion. There’s no law that someone who enjoys organic food, rides his bike to work, or wants a diverse school for his kids must also believe that the federal government should take over the health-care system or waste money on thousands of social programs with no evidence of effectiveness. Nor do highly educated people have to agree that a strong national defense is harmful to the cause of peace and international cooperation.

Categories
culture

How Do You Solve a Problem Like Haiti?


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photo credit: United Nations Development Programme

These days everybody wants to help the poor people of Haiti – and that’s obviously a good thing but when I think about Haiti it makes me wonder what the proper course of action is for outside nations to help that struggling country. I’m not talking about the proper course of action to help after the earthquake last week – that’s relatively simple to answer: get aid in supplies and personnel on the ground quickly to restore order and save lives (even though it’s not an easy task). I’m talking about the real fundamental problems that have been plaguing the nation of Haiti as demonstrated by their history of the last 20 years.

In the last 20 years there have been four regular elections – the winner of all four has alternated between Jean-Bertrand Aristide and his good friend René Préval. As far as I understand they never ran against each other so this is not a matter of oscillating between political parties. Both times that Aristide was elected he was later exiled. The first time he was eventually returned to power thanks to U.S. intervention – the second time it was the U.S. that sent him into exile. Hence my question – what is to be done for Haiti?

Categories
culture

Roll Your Own . . .


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photo credit: She Who Shall Not Be Named

When I wrote about the importance of investing in yourself I was having trouble trying to find the words to convey what I meant. I finally found a way to explain what I mean so that nobody should be confused (I hope).

Virtually every book on financial planning or wealth building I have ever encountered says something to the effect that there are two ways to have more money. The most obvious being to make more money and the too-often overlooked being to spend less money. When I wrote about investing in yourself my expectation was that readers would assume I was talking about the things that amount to making more money – increasing your education being frequently cited. That kind of self investment is focused on being better able to produce more goods, or more valuable goods for others to purchase in an economic marketplace.

What I was trying to advocate before was to not forget about self investments that amount to spending less. I would generalize those kinds of self investment as focusing on being able to produce for yourself those things which you have become accustomed to purchasing in the economic marketplace. That may be producing the same thing, or it may be producing a substitute.

Categories
General

A New View on the Flag and Pledge of Allegiance


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photo credit: eschipul

I had some interesting thoughts this morning after reading an article I would normally not bother to read. It was talking about a specific historical flag, but my thoughts were turned to the flag generally and then to the Pledge of Allegiance. Here’s the statement that got my brain moving:

The flag is an American flag — 13 stripes, a blue square canton with 13 white stars surrounding an American bald eagle. So far, this flag isn’t strange for its day. In the 19th century, almost anything goes in handmade national flags. (emphasis added)

Suddenly I am released from the idea of a standardized flag and considering the flag more abstractly as a representation of something to believe in. The nation represented by all those handmade national flags was the same, and the symbolism of that nation was consistent across flags (stars, stripes, red, white, and blue), but people felt free to add things to the flag that helped represent their feelings regarding the nation (an American bald eagle in the field of blue being an apparently common addition back then).

Categories
General

Invest in Yourself


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photo credit: Cambodia Trust

I drove in to work later than usual today and caught a bit of Glenn Beck. Like many conservative talk radio hosts I have heard he was promoting the value of gold as an investment. What caught my attention was the way he started out. I’m going to paraphrase here but essentially he started out by saying:

I don’t know what the future holds for this nation, nobody does. I don’t know what you should be investing in right now.

My immediate reaction was to say to myself that I know exactly what the vast majority of people should be investing in right now – they should each invest in themselves. To his credit Glenn said that gold was not the right investment for everyone and suggested that before investing in gold people should invest in food storage, paying down debt, and having some cash reserves. I think that’s a great start but investing in yourself is more than that.