body~politic

Saturday, August 15, 2015

White House's Iran Deal Meme: It Worked on Me | National Review Online

White House's Iran Deal Meme: It Worked on Me | National Review Online



by KATHERINE TIMPF August 14, 2015 4:55 PM @KATTIMPF I have to admit that, at first, I wasn’t so sure about the Iran deal. I mean, Iran being able to delay inspections of suspicious sites, the fact that President Obama didn’t bother to get any of the four Americans imprisoned there, the fact that it could wind up putting billions of dollars into the hands of terrorists who want to brutally murder Americans — you know, stuff like that. But then I saw this: And I thought: Ooooooh, a meme! And not just any meme — a cool, topical meme referencing a super-cool movie that all of the super-cool young kids like me really think is super cool. Now, never mind the fact that the deal actually does not get rid of all of Iran’s uranium and therefore the phrase “straight out of uranium” is factually incorrect. In fact, never mind any of my previous concerns! I am a Millennial, which means I form all of my political opinions based on memes, and also that I decide which leaders to trust based on whether or not we think the same stuff is cool. I mean, seriously. Would someone familiar with the new NWA movie really steer our country wrong? No way! Knowledge of pop culture is definitely related to knowledge of foreign relations, and I couldn’t possibly feel any safer. I now have no doubts that President Obama and his administration are doing the right thing here. Can everyone else please stop being so ridiculous? 

Read more at: http://www.nationalreview.com/article/422578/white-house-meme-iran-deal-millennial




Alex in Chains on Twitter: "OH, NO! No officer, the song that was blaring on my stereo was about the BAND. Fuck 'The Police'. N.W.A. has a beef with Sting, apparently."

Alex in Chains on Twitter: "OH, NO! No officer, the song that was blaring on my stereo was about the BAND. Fuck 'The Police'. N.W.A. has a beef with Sting, apparently."

Alex in Chains on Twitter: "OH, NO! No officer, the song that was blaring on my stereo was about the BAND. Fuck 'The Police'. N.W.A. has a beef with Sting, apparently."

Alex in Chains on Twitter: "OH, NO! No officer, the song that was blaring on my stereo was about the BAND. Fuck 'The Police'. N.W.A. has a beef with Sting, apparently."

Alex in Chains on Twitter: "OH, NO! No officer, the song that was blaring on my stereo was about the BAND. Fuck 'The Police'. N.W.A. has a beef with Sting, apparently."

Alex in Chains on Twitter: "OH, NO! No officer, the song that was blaring on my stereo was about the BAND. Fuck 'The Police'. N.W.A. has a beef with Sting, apparently."

Alex in Chains on Twitter: "OH, NO! No officer, the song that was blaring on my stereo was about the BAND. Fuck 'The Police'. N.W.A. has a beef with Sting, apparently."

Alex in Chains on Twitter: "OH, NO! No officer, the song that was blaring on my stereo was about the BAND. Fuck 'The Police'. N.W.A. has a beef with Sting, apparently."

Alex in Chains on Twitter: "OH, NO! No officer, the song that was blaring on my stereo was about the BAND. Fuck 'The Police'. N.W.A. has a beef with Sting, apparently."

Alex in Chains on Twitter: "OH, NO! No officer, the song that was blaring on my stereo was about the BAND. Fuck 'The Police'. N.W.A. has a beef with Sting, apparently."

Alex in Chains on Twitter: "OH, NO! No officer, the song that was blaring on my stereo was about the BAND. Fuck 'The Police'. N.W.A. has a beef with Sting, apparently."

Alex in Chains on Twitter: "OH, NO! No officer, the song that was blaring on my stereo was about the BAND. Fuck 'The Police'. N.W.A. has a beef with Sting, apparently."

Friday, August 14, 2015

Algae next great renewable energy source - Business Insider

Algae next great renewable energy source - Business Insider



Worldwide oil prices are subject to quite a bit of volatility and are often affected by political disputes and controversies. When we consider these facts, in conjunction with the amount of pollution generated by burning petroleum products for fuel, it's no surprise that scientists and governments are trying to explore alternative forms of energy.
One of the newest, and seemingly most viable forms of clean energy, could be poised to outperform all of the existing options, including solar: algae biofuel.
Algae are found throughout the Earth's oceans, where they employ photosynthetic processes to create energy using sunlight. Some types of algae produce oils that they use to store energy, which means that certain algae can be grown and then harvested to produce biofuel: a net carbon-neutral process.
Although other crops, such as corn and soybeans, have been used to produce biofuel in the past, algae offer several advantages over them. According to the US Department of Energy, algae yields are between 10 and 100 times as high as those of traditional biofuels. What's more, algae can grow in marginal or brackish agricultural areas, meaning that production can be ramped up significantly without competing with food crops for land and other resources.
The global market for biofuel was estimated at about $100 billion in 2013. Many believe that the size of this market could almost double within the next few decades. According to scientist and entrepreneur Craig Venter, it would take a land area three times the size of the United States to replace all the fuel used in transportation in the U.S. with corn-derived biofuel. By contrast, it would only take an area the size of Maryland to do so using algae.
The U.S. Department of Energy is pouring money into efforts to promote the viability and efficiency of using algae as a fuel. It has announced $18 million in funding towards this end, and Just Energy in Ohio has pushed for more state level funding for research into methods to more efficiently grow, process and extract the oils from algae. Efforts are underway throughout many other countries as well.
Researchers in the Netherlands are experimenting with growing multiple species of algae together to achieve synergies that aren't possible with monocultures. Australia saw its first testing of a commercial algae fuel production facility last year in Whyalla. Canadian researchers have used specially grown algae to activelyclean up oil sands. In Sweden, chemical company Perstorp is trying out different growing conditions and algae species to identify ones that show potential as biofuel.
algae fuel petri dishRegis Duvignau/ReutersPierre Calleja, manager of French firm Fermentalg, specializing in ichthyology, checks microalgae bred in his laboratory in Libourne, southwestern France.
Algae has already been used successfully in a number of commercial areas. In 2011, United Airlines ran the first passenger flight powered solely by algae products. In Hamburg, Germany, a unique residential structure, called the “BIQ House,” uses bioreactors filled with algae to generate heat and biomass without requiring any electricity to be added from outside the system. The success of these trial projects as well as the support of big names like Craig Venter and Japanese PM Shinzo Abe might well serve to propel algae-based fuel solutions even further.
What's holding algae back from wider mainstream adoption is price. Estimates from the Biofuels Digest in late 2014 suggest that the price of algae biofuel is around $7.50 per gallon. Although the price of gasoline and other fuels changes quite frequently, it tends to be much less than this figure. Experts believe that algae fuels must reach around $3 per gallon to be able to successfully compete with oil-based products.
It's hard to speculate on whether algae or any other type of biofuel could completely displace oil.
If any of them could do it, it would most likely be algae, assuming that it can someday be produced at competitive prices. The arable land requirements of other types of biofuel made from food crops place a hard limit on the amount of fuel that could be sourced in this way, and we must also consider the effect on food prices as more farmland is devoted to the production of fuel.
A Florida-based company called Algenol has an ambitious target of producing several types of fuel using algae at $1.30 per gallon. This company's processes actually consume salt water and generate freshwater, a useful byproduct of its production model. Tokyo-based Euglena, named after a species of algae, received a special Prime Minister's Award for its work producing foodstuffs, cosmetics and fuel from algae.
Craig Venter's company Synthetic Genomics is active in efforts to use genetic manipulation of algae to increase fuel production, reduce atmospheric CO2 and grow food for human consumption. What all these companies have in common with each other and with many other algae firms is the fact that they're trying to create other usable products while at the same time generating fuels.
Now that there's serious interest and investment in algae-derived fuels, it's highly likely that advancing technology will be able to reduce prices to a level necessary for market success. If this occurs, we could see algae having a greater impact on sustainability, carbon dioxide reduction and clean energy generation than wind, solar and hydroelectric combined.


Read more: http://www.businessinsider.com/algae-next-great-renewable-energy-source-2015-8#ixzz3iqw7LeKQ

Hillary's IT Firm Lacked Security Clearance, Gov't Confirms | The Daily Caller

Hillary's IT Firm Lacked Security Clearance, Gov't Confirms | The Daily Caller

Thursday, August 13, 2015

ISIS Enshrines a Theology of Rape - The New York Times

ISIS Enshrines a Theology of Rape - The New York Times



The systematic rape of women and girls from the Yazidi religious minority has become deeply enmeshed in the organization and the radical theology of the Islamic State in the year since the group announced it was reviving slavery as an institution. Interviews with 21 women and girls who recently escaped the Islamic State, as well as an examination of the group’s official communications, illuminate how the practice has been enshrined in the group’s core tenets.




Reddit banned in Russia because of one thread - News - Gadgets and Tech - The Independent

Reddit banned in Russia because of one thread - News - Gadgets and Tech - The Independent



Reddit has been entirely banned in Russia, after the government attempted to shut down one barely-read post about how to grow magic mushrooms.




Thucydides - Wikipedia, the free encyclopedia

Thucydides - Wikipedia, the free encyclopedia



Quotations[edit]

A statue of the Thucydides inMunich
  • "But, the bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it."[73]
  • "Right, as the world goes, is only in question between equals in power, while the strong do what they can and the weak suffer what they must."[74] — This quotation is part of the Melian dialogue (Strassler 352/5.89).
  • "It is a general rule of human nature that people despise those who treat them well, and look up to those who make no concessions."[75]
  • "In peace and prosperity states and individuals have better sentiments, because they do not find themselves suddenly confronted with imperious necessities; but war takes away the easy supply of daily wants and so proves a rough master that brings most men's characters to a level with their fortunes" (Strassler 199/3.82.2).
  • "The cause of all these evils was the lust for power arising from greed and ambition; and from these passions proceeded the violence of parties once engaged in contention."[76]
  • "So that, though overcome by three of the greatest things, honour, fear and profit, we have both accepted the dominion delivered us and refuse again to surrender it, we have therein done nothing to be wondered at nor beside the manner of men."[77]
  • "Indeed men too often take upon themselves in the prosecution of their revenge to set the example of doing away with those general laws to which all can look for salvation in adversity, instead of allowing them to subsist against the day of danger when their aid may be required" (Strassler 201/3.84.3).
  • "It is the habit of mankind to entrust to careless hope what they long for, and to use sovereign reason to thrust aside what they do not desire" (Strassler 282/4.108.4).
A quotation frequently attributed to Thucydides but was in fact from Sir William Francis Butler:[78]
  • "The nation that will insist upon drawing a broad line of demarcation between the fighting man and the thinking man is liable to find its fighting done by fools and its thinking by cowards."
More frequently, this quotation is truncated as follows:
  • "The State that separates its scholars from its warriors will have its thinking done by cowards and its fighting by fools."



Navajo Nation Spars With EPA Over Animas River Disaster Compensation | TIME

Navajo Nation Spars With EPA Over Animas River Disaster Compensation | TIME

Razor on Twitter: "Exxon Valdez: JAIL THE NEGLIGENT CRIMINALS! Gulf Oil Spill: JAIL THE NEGLIGENT CRIMINALS! EPA pollutes #AnimasRiver: hey it was an accident."

Razor on Twitter: "Exxon Valdez: JAIL THE NEGLIGENT CRIMINALS! Gulf Oil Spill: JAIL THE NEGLIGENT CRIMINALS! EPA pollutes #AnimasRiver: hey it was an accident."

Brigid - Wikipedia, the free encyclopedia

Brigid - Wikipedia, the free encyclopedia





In Celtic polytheism and Irish mythologyBrigitBrigid or Brighid (exalted one[1]) is the daughter of the Dagda and one of the Tuatha Dé Danann. She was the wife of Bres of the Fomorians, with whom she had a son, Ruadán.
As is often the case with Celtic deities who are described as threefold, she is seen as three sisters, all named Brigid, who perform various functions in society, such as healing, poetry and smithcraft.


Coolie - Wikipedia, the free encyclopedia

Coolie - Wikipedia, the free encyclopedia



coolie (alternatively spelled coolicoolyqulikoelie, and other such variations), during the 19th and early 20th century, was a term for a locally sourced unskilled labourer hired by a company, mainly from the Indian subcontinent or Southern China.
Today, it is used varyingly as a legal inoffensive word (for example, in India for helpers carrying luggage in railway stations)[1] and also used as a racial slur in Africa for certainpeople from Asia,[2] particularly in South Africa.[


Wednesday, August 12, 2015

Katt❤️#CruzCrew 2016 on Twitter: "Silly people blame blame blame or was that blah blah blah... 96 million!!! #WakeUpAmerica http://t.co/FrPywfX4bD"

Katt❤️#CruzCrew 2016 on Twitter: "Silly people blame blame blame or was that blah blah blah... 96 million!!! #WakeUpAmerica http://t.co/FrPywfX4bD"

Ronda Rousey is vying to play ‘Captain Marvel’s’ Carol Danvers |

Ronda Rousey is vying to play ‘Captain Marvel’s’ Carol Danvers |




“Daniel Ceballos dormirá esta misma noche con su familia”

“Daniel Ceballos dormirá esta misma noche con su familia”



Sobre Leopoldo López
El miércoles 12 de agosto continúa el juicio del dirigente de VP, Leopoldo López, y la defensa espera que pueda producirse una decisión similar.
“Por supuesto que debe darse la misma medida con López, hay las mismas condiciones. Hay parámetros jurisprudenciales que pudieran presentarse a su favor, mañana es la audiencia de juicio, y vamos a exigir justicia para su caso”, declaró Gutiérrez, quien también es abogado de López.
Sobre el juicio de Daniel Ceballos, Gutiérrez informó que lo que sigue es la parte probatoria del caso, y luego las sentencias. “Estamos en la etapa de recepción de pruebas, y presentaremos los 12 testigos. Quedará claro que Daniel nunca llamó a la violencia y no cometió ningún delito de rebelión. Los hechos certifican la plena inocencia del exalcalde y la necesidad de que sea absuelto”.

Tuesday, August 11, 2015

Runrunes on Twitter: "Venezuela tiene hambre - http://t.co/Q6sZEfAxHT por José Vicente Carrasquero @botellazo http://t.co/te13b6gsk2"

Runrunes on Twitter: "Venezuela tiene hambre - http://t.co/Q6sZEfAxHT por José Vicente Carrasquero @botellazo http://t.co/te13b6gsk2"





Now that he has set the Middle East on fire, betrayed our allies, made a suicidal deal with Iran, the Muslim-in-Chief is working hard on closing Gitmo | BARE NAKED ISLAM

Now that he has set the Middle East on fire, betrayed our allies, made a suicidal deal with Iran, the Muslim-in-Chief is working hard on closing Gitmo | BARE NAKED ISLAM




Just because one of every four Muslim terrorist prisoners released from Guantanamo Bay has returned to his favorite terrorist group to kill Americans and our allies, Barack Hussein Obama is bound and determined to release the rest of the savages before he leaves office.

And what about Khalid Sheik Mohammed, mastermind of 9/11? Why hasn’t he been tried and executed yet? IsObama going to release him, too?

There is nothing more difficult to take in hand, more perilous to conduct, or more... - Niccolo Machiavelli at BrainyQuote

There is nothing more difficult to take in hand, more perilous to conduct, or more... - Niccolo Machiavelli at BrainyQuote





There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things.

Read more at http://www.brainyquote.com/quotes/quotes/n/niccolomac131418.html#PhjbgdID7vEeRLxD.99

Obama’s EPA Destroys The Animas River | Real Science

Obama’s EPA Destroys The Animas River | Real Science



The water has now flowed into the San Juan River in New Mexico, and the EPA didn’t bother to tell the governor of New Mexico about it.
Remember the outrage Obama feigned at BP? Will he unleash hell on himself, now that he is the biggest polluter in US history?

Yahoo News Digest — Turkish Marxist group claims US consulate attack



Yahoo News Digest — Turkish Marxist group claims US consulate attack




Turkish Marxist group claims US consulate attack

An outlawed radical Turkish Marxist group on Monday claimed responsibility for a gun attack on the US consulate in Istanbul, the latest strike by the secretive organisation.The Revolutionary People’s Liberation Front (DHKP-C) said on its website that one of its female militants carried out Monday’s attack, which left no reported casualties.It named the attacker as Hatice Asik and said she was arrested and taken to hospital after being shot by police. “The American consulate at Istinye was struck by people’s warrior Hatice Asik,” the group said, labeling the United States as “chief enemy of people in the Middle East and in the world.”


Socialism is Not Hipster and Real Hippies Love Free Markets

Socialism is Not Hipster and Real Hippies Love Free Markets



Dear hipsters, turn down that bluesy, grunge EDM acoustic cover that no one has ever heard of before and listen very closely, Bernie Sanders will not help save the whales or advance your I-N-D-E-P-E-N-D-E-N-T, “I’m broke but intellectual” facade.
PSA: Socialism is mainstream, so its time to kick it. Greece is doing it, Venezuela is doing it, Sweden is doing it. Help the stars and stripes maintain #rebelstatus.
Now, I suffer from the angsty millennial streak too, I love Birkenstocks and abstract photography. But socialism is not chill.
First, Mayor Bill De Blasio (D-NY), Presidential Candidates Hillary Clinton and Bernie Sanders (a declared Democratic Socialist), hate the sharing economy, i.e. Uber, Air BnB, Fedex.
Voluntary sharing is not caring for socialists.
Hipsters love Uber (and if they don’t, they should). It’s an efficient way to prevent drunk driving. It’s 18 percent cheaper than taxis on average, which is good because hipsters are typically millennials, and consequently dirt cheap. It comes in an app (still waiting for my refrigerator to have a “mobile” setting). And sometimes the drivers even have caramels and candies with mini water bottles waiting for you fo’ free.
Bernie, y u no lyke free candy?
And in every generation, there’s been the class of youthful rebellion. In the 50’s, alternative young adults were called “beatniks,” in the 70’s there were hippies, and now, the 2000’s present “the hipster.”
la-la-ca-1124-hipsters-politicians-050-jpg-20141126
Beatniks loved rock n’ roll, hippies hated war, and now hipsters want their student loans subsidized?
I think we’ve lost track, fellow kiddos. Alt youth is supposed to fight the man, not embrace him and put his sticky face all over our rusted bumpers.
Socialism requires the centralization of the state. Meaning, taking the power from the people, and giving it to another person so that person can tell everyone else what to do.
Do you really want your beard regulated? Didn’t think so. Bernie is not the boss of you or me.
Ellen Pao tried to regulate Reddit, and we saw how well that megafail worked out for her.
And hipsters cannot forget that their low-budget, gently used reputation is only thanks to the organic, antioxidant-filled fruits of capitalism.
The Apple products we worship? Thanks, Capitalism. Competitive and tasty coffee market? Thanks, Capitalism. Too many craft beers to choose from? Thank, Capitalism. All the cigars ever? Thanks, Capitalism. Instagram? Cheap, dank weed? You get the point.
Imagine if your local, GMO-free records shoppe (no, not “shop”) looked like this grocery store in socialist Venezuela:
Socialism prohibits the most efficient, cheapest, and most consumer-friendly products from ever hitting the market because of hyper-regulation. As young people, we don’t have time to wait in lines for goods monopolized by the state and we don’t have the extra money to subsidize those same goods that we would stand in line for under socialist rule.


The free market is the most organic and philanthropic way to regulate exchange. I mean, look at Carly Fiorina’s charity Good360 (notice most of their donations are from big, bad corporations too).
Mandated giving isn’t giving. Who wants a cake that was baked in vain anyway?
I’m a proud flower child, but I can’t jump on the socialism bandwagon with all my other peace-loving peers, because freedom. Coercion from the man is not free love.
Bernie Sanders does not represent organic growth, philanthropic giving, or innovation, no matter how good his intentions or messy his hair may be.
Besides, he doesn’t even have a watercolor tattoo.

FBI Files Show Valerie Jarrett's Hardcore Communist Family

FBI Files Show Valerie Jarrett's Hardcore Communist Family



JW has exposed Valerie Jarrett’s many transgressions over the years, including her role in covering up a scandalous gun-running operation carried out by the Department of Justice (DOJ). Last fall JW obtained public records that show Jarrett was a key player in the effort to cover up that Attorney General Eric Holder lied to Congress about the Fast and Furious, a disastrous experiment in which the Bureau of Alcohol, Tobacco Firearms and Explosives (ATF) allowed guns from the U.S. to be smuggled into Mexico so they could eventually be traced to drug cartels. Instead, federal law enforcement officers lost track of hundreds of weapons which have been used in an unknown number of crimes, including the murder of a U.S. Border Patrol agent in Arizona.
In 2008 JW got documents linking Valerie Jarrett, who also served as co-chairman of Obama’s presidential transition team, to a series of real estate scandals, including several housing projects operated by convicted felon and Obama fundraiser/friend Antoin “Tony” Rezko. According to the documents obtained from the Illinois Secretary of State, Valerie Jarrett served as a board member for several organizations that provided funding and support for Chicago slum projects operated by Rezko.

Brazil: hundreds of thousands of protesters call for Rousseff impeachment | World news | The Guardian

Brazil: hundreds of thousands of protesters call for Rousseff impeachment | World news | The Guardian



In Rio, many wore the canary yellow jerseys of the national football team or bore banners declaring outrage at a range of perceived national ills and policies that they say have more in common with less stable and more radical leftwing government in Latin America.
“Brazil does not want and will not be a new Venezuela,” read one. “Nation + Liberty = PT (Workers Party) Out!” declared another.
There was a range of voices. While one flag extolled “Peace and Love”, a sizeable contingent of the crowd expressed support for a return to the military dictatorship that ran the country between 1964 and 1985
“Army, Navy and Air Force. Please save us once again of [sic] communism” read one banner in English. Among those holding it was computer graphic designer Marlon Aymes who said military force was the only way to unseat the Workers Party.
“They are in power for 16 years. That is like a dictatorship,” he said. “In 1964 the military of Brazil took a stand against a president who was close to the Kremlin. Today, the PT is in a group that wants a Bolivarian socialist model across Latin America. Common people are protesting and calling for impeachment, but congress is too corrupt to approve that so we need military intervention.”

Monday, August 10, 2015

Why is Higher Education So Expensive? | Libertarianism.org

Why is Higher Education So Expensive? | Libertarianism.org



It’s no secret that U.S. college tuition costs are rising dramatically, and the high cost of a college education burdens young people and their families. How can we make college more affordable?
Many suggest that the best way to keep tuition affordable is by increasing government assistance through student loans, grants, and tax credits for education. Professor Daniel Lin shows that doing so will actually lead to higher college costs, because loans/grants/tax credits are directly related to the increasing cost of education.
Before we can find any solution, it is important to understand the root cause of the rising prices. Professor Lin finds that increased demand—fueled by improved job prospects for graduates and increased government assistance—is to blame for soaring tuition prices. Knowing the cause should inform our search for a solution.
For more, visit LearnLiberty.org.

Sunday, August 9, 2015

A How-To Guide To Comprehensive Tax Reform - Forbes

A How-To Guide To Comprehensive Tax Reform - Forbes



Supporters of comprehensive tax reform were given a glimmer of hope July 8 when the Senate Finance Committee released a series of reports providing a framework for a much needed overhaul to our antiquated tax code. The U.S. Chamber of Commerce has long supported and repeatedly called on Congress to enact comprehensive tax reform that promotes economic growth and creates jobs, and there’s a flicker of optimism that with these reports, we might be moving in the right direction.




A Tale Of Two Labor Markets - Forbes

A Tale Of Two Labor Markets - Forbes


There are two parallel stories relating to the U.S. labor market today. The first is what I call the “traditional” labor market story, which relies on the official monthly employment data released by the Bureau of Labor Statistics. Although unemployment has declined markedly over the past several years, these data still show worryingly high levels of underemployment, as exemplified by the large number of involuntary part-time workers, discouraged workers and workers who are long-term unemployed. This labor market slack has served as a drag on wage growth.




My Wife's Losing Her Obamacare Coverage Because The Insurer Lost $400 Million - Forbes

My Wife's Losing Her Obamacare Coverage Because The Insurer Lost $400 Million - Forbes



If you ask President Obama how Obamacare is going, he will say awesome, couldn’t be better. But how about asking 367,000 Texans who are having their health insurance coverage eliminated because the insurer lost $400 million on that group in 2014.
It’s not like the health insurer, Blue Cross Blue Shield of Texas, wasn’t charging enough—at least from the insureds’ standpoint.
Last fall, the company informed us, along with thousands of other Texans, that it would be canceling my wife’s individual policy—i.e., a policy she buys personally.

High Taxes Are Only One-Third Of Our Problem - Forbes

High Taxes Are Only One-Third Of Our Problem - Forbes



Regulations combine the worst features of both taxing and spending
Regulations are placed on the private sector, acting like a second tax system. And like spending, because their costs are unmeasured, they are completely uncontrolled. Instead, they are layered, with old regulations staying in place—and continuing to inflict costs—even as new ones are promulgated.
But unlike its two counterparts, regulation is often determined bureaucratically, making it even more insulated (and its negative economic impact even less a consideration) than in the political process.


High Taxes Are Only One-Third Of Our Problem - Forbes

High Taxes Are Only One-Third Of Our Problem - Forbes



Controlling federal spending is a perfect way to aid the economy
While taxing squeezes resources from the private sector, spending allocates resources the private sector otherwise would. Just as tax policy is determined politically, so too spending. And again the economy cannot capitalize on its potential.

Healthcare Consolidation Leaves Consumers With Fewer Choices And More Problems - Forbes

Healthcare Consolidation Leaves Consumers With Fewer Choices And More Problems - Forbes

6 Changes Every Tax Reform Plan Should Include - Forbes

6 Changes Every Tax Reform Plan Should Include - Forbes



The good news is that there are ways that we can fix the current tax code to make it neutral. Tax reform done right can and should be pro-growth, improve U.S. competitiveness, and eliminate double taxation in its many forms. To that end, every tax reform should include these six changes:
  1. Make Tax Rates Competitive for Businesses
  2. Move to a Territorial Tax System
  3. Correctly Define Business Income with Full Expensing
  4. Integrate the Corporate and Individual Tax Systems
  5. Eliminate the Double Tax on Saving with Universal Savings Accounts
  6. Repeal the Estate Tax

6 Changes Every Tax Reform Plan Should Include - Forbes



6 Changes Every Tax Reform Plan Should Include - Forbes




A number of presidential candidates and members of Congress have presented big ideas to overhaul our outdated tax code. Some policymakers are talking about flat taxes, value-added taxes, cash-flow taxes, or hybrid reform plans.

Many of these plans move toward a simple principle: the idea that a tax code should tax each dollar of income one time, which makes it neutral between the decision to spend a dollar today or save and invest a dollar to spend tomorrow.

This is important because one of this biggest problems with the current tax code is that a dollar of income can face up to four layers of taxation when all is said and done: 1) it’s taxed when you earn it and pay an income tax; 2) it’s taxed when a business you invest in earns a profit and pays a business income tax; 3) it’s taxed when you realize returns to investment and pay taxes on capital gains and dividends; and 4) it’s taxed when you pass away or give it as a gift through estate and gift taxes. This builds into the tax code a bias against saving and investment.

A neutral tax system would tax each dollar of income once and only once. Whether we start from scratch or make changes within the confines of the current tax code, all tax reform plans should aim for that goal of neutrality.



How Much Do We Owe? $72 Trillion And Counting

How Much Do We Owe? $72 Trillion And Counting



What’s unimportant? The trust funds and when they will run dry. Like most social security systems in the world today, ours is a pay-as-you-go system. Nothing has been saved or invested. What we call trust funds consist of nothing more than IOUs the government has written to itself. (More on that below.) Yet, that is what the official press releases emphasize and this focus is reflected in the first graph below.
What’s important? Cash flow. In fact, in a pay-as-you-go system, cash flow is the only thing that matters. As the second graph shows, Social Security and Medicare are paying out more than they are taking in. As the baby boomers retire, the total deficit will grow dramatically. Currently, we are using about one in every seven general revenue dollars to cover these deficits. By 2020, we will need more than one in five. By 2030, we will need about one in three.


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