Category Archives: Elections

UPDATED: The Individual? The Family? What About Property?

Elections, Family, Founding Fathers, Individual Rights, Individualism Vs. Collectivism, Private Property, Ron Paul

RICK SANTORUM said this during the CNN Western Republican Debate, last night: “I disagree in some respects with Congressman Paul, who says the country is founded on the individual. The basic building block of a society is not an individual. It’s the family. That’s the basic unit of society.”

[SNIP]

What came first; the unit or its constituent parts? Is not a social unit like the family comprised of individuals? And did not the sovereign states precede the union? Although it all begins with the individual, the preeminence of the individual in no way negates the vitality of the family.

CONGRESSMAN RON PAUL REPLIED: “Well, I would like to explain that rights don’t come in bunches. Rights come as individuals, they come from a God, and they come as each individual has a right to life and liberty.”

Someone please stand up for property, next time. The defense of private property rights is urgent as the Occupy Wall Street hooligans encroach.

UPDATE: Contemplationist below is right. With his “Live, liberty and the pursuit of happiness,” as I observed, Jefferson has “bequeathed us a vagueness that has helped undermine the foundation of civilization: private property.”

UPDATE II: 999 Or 666?

Economy, Elections, Politics, Republicans, Taxation

“When you take the 999 plan and turn it upside down (666); the devil’s in the details.”—Michele Bachmann.

Here’s Bachmann’s brilliant quip in it entirety, excerpted from “The Hanover Economic Debate.” [YouTube of the beautiful Minnesota Congresswoman follows.]

BACHMANN: “I would have to say that the 999 plan isn’t a jobs plan, it is a tax plan. And I would say that from my experience being in Congress, but also as a federal tax lawyer, when you — the last thing you would do is give Congress another pipeline of a revenue stream. And this gives Congress a pipeline in a sales tax. A sales tax can also lead to value-added tax. The United States Congress put into place the Spanish-American War tax in 1888. We only partially repealed that in 2006. So once you get a new revenue stream, you are never going to get rid of it.

And one thing I would say is, when you take the 999 plan and you turn it upside down, I think the devil is in the details.”

UPDATE I (Oct. 15): Peter Schiff says 999 offers a substantial reduction in the corporate rate of income tax which is a positive thing (naturally). Schiff also credits Cain with intending to move toward the abolition of tax on income and toward replacing the income tax with some tariff-like national sales tax. So far so good, says Schiff. However, corporations will have to pay a 9 percent tax on profits as well as on their payroll. 999 is a hidden payroll tax. That’s a new thing. And it’s bad, says Schiff.

UPDATE II (Oct. 16): More about the 9-9-9 plan from Bruce Bartlett (whom I once praised for aiming a shot across the bows of Bush’s bastardized “conservatism” before it was allowable).

No mention is made on the site of a tax cut for those now in the 10 percent, 15 percent or 25 percent brackets. This means that the only people who would get a tax rate cut are those now in the 28 percent, 33 percent or 35 percent brackets. According to the Joint Committee on Taxation, only 4 percent of taxpayers pay any taxes at those rates.
As for corporations, Mr. Cain’s proposal is primarily going to benefit those with revenues of more than $1 million a year, because they account for 98.7 percent of all receipts by C corporations. (A C corporation is a legal entity separate and distinct from its owners that is taxed as a corporation; its shareholders pay taxes individually on their gains.) Those companies with receipts over $50 million account for 88.8 percent of total receipts.
Other business entities — sole proprietorships, S corporations (which have between 1 and 100 shareholders and pass through net income or losses to shareholders) and partnerships — would not benefit because they are not taxed on the corporate schedule. But they represent 92 percent of all businesses.
Second, Mr. Cain would eliminate all taxes on profits earned by multinational corporations outside the United States. It’s hard to know the impact of this provision, but according to Martin Sullivan, an economist with Tax Analysts, the 50 largest corporations in the United States generated half of their profits in other countries.

Read the rest of Bartlett’s substantive analysis of 999.

Not Another Sermon on the Mitt

Christian Right, Christianity, Elections, Ethics, Morality, Politics, Religion

Whatever you say about Mitt Romney, one cannot dispute that this presidential candidate is patrician; Romney is a refined, mild-mannered man. He could have made mincemeat out of Rick Perry for his word-salad during the debate in Tampa, Florida. Romney’s retort was, “Nice try.” That’s all. But a lot of people prefer the boorish Bush clone, Rick Perry. In fact, rumor has it that Perry is behind the latest assault on Mitt’s Mormonism. Via the WaPo:

Dallas pastor Robert Jeffress, a Rick Perry supporter who recently described the Mormon religion as a “cult,” and isn’t backing off that claim in subsequent interviews.
But while the “Mormon Question” was a big one in the 2008 presidential race, there’s plenty of reason to believe its impact has somewhat lessened four years later, as Romney becomes more of a known quantity to voters.

Mitt Romney’s response typified his good manners: “We should remember that decency and civility are values too.”

The country and the “cognoscenti” did this dance in 2007, back when Mitt was forced into publicly defending his faith.

I’ll repeat what I said back then, on 12.07.07:

“I have no dog in the fight over Mitt’s Mormonism … Admittedly, the Church of Jesus Christ of Latter-day Saints may have some odd ideas. Not so the Mormons I know; they are very fine people. And quite magnificent is the Mormon Tabernacle Choir; it’s in fact the finest in the world.”

What gets to me is the absolute Alzheimer’s of the political players involved and their followers.

I would not put it past Bush’s clone (Perry) to have had a hand in this latest anti-Mormon mischief-making.

Not Doing a Palin

Elections, Ethics, Federalism, Politics, Republicans, Sarah Palin

Gov. Chris Christie, aka “The Incredible Hulk,” has certainly struck a pose—and it is in opposition to the one Sarah Palin struck when she gave up the governorship of Alaska midterm in order to frolic on the national stage.

For Christie to have joined the presidential lineup without completing his term as the governor of New Jersey would have amounted to doing a Palin.

As for a country obsessed with Gov. Christie and his non-existent presidential plans: It reminds me of a toddler chasing a parent, screaming, “Pick me up, daddy, pick me up. Kiss better, kiss better.”