Category Archives: Regulation

UPDATE II: Republican Thrust And ‘Perry’ (Perry Feels Your Pain, NOT)

IMMIGRATION, Outsourcing, Politics, Regulation, Republicans, Ron Paul, Taxation, The State

I thought the CNN/Tea Party Debate in Tampa, Florida, was far and away better than the Republican spat in Des Moines, Iowa, last month. Perhaps the network is desperate for the ratings Tea Party sponsorship affords because Wolf Blitzer worked it—even if the focus was placed on the Big Two, Rick Perry and Mitt Romney.

Michelle Bachmann showed that, like her or not, she’s a force of nature. Would that the woman’s eloquence, attractiveness, and the fact that she is seldom fazed could be harnessed in the service of liberty. Like a bulldog, Bachmann latched onto Perry and refused to let go over the governor’s Body Snatcher Program—the forcible invasion of the bodies of little Texan girls. Perry was man enough to apologize for requiring the vaccination of girls as young as 12 against cervical cancer. But a man who would mandate such a thing should never be trusted. Perry is almost as shifty as Bush, although more intelligent than The Shrub.

Jon Huntsman generally came over as the most statist among the Republican contenders. A young man asked him poignantly, “How much of what I earn do you believe I should be able to keep?” Rep. Paul would have replied, “All of it.” Huntsman belabored an incoherent tax plot.

Huntsman managed, however, to brilliantly commandeer Ron Paul’s argument for divesting from Afghanistan. This in response to a question about what he intended to do, as president, for the women and girls of Afghanistan. Nothing, basically, was Huntsman’s retort. Unlike Fox News on whose website there are more images than words, CNN is sure to post debate transcripts by tomorrow, at which time I’ll excerpt Huntsman’s excellent thrust and parry over the need to bring the troops home, look after the homeland, and act as an example to the world by, once again, shining.

However, Huntsman, like most Americans (except for us immigrants), proved that he knows close to nothing about America’s labyrinthine visa programs. He advocated for fixing the immigration system so that the US could import many more brilliant, highly skilled individuals, as if there was a limit on, or an impediment to, such immigration.

THERE are no limits on the number of geniuses American companies can import.

America already has an “Extraordinary Ability” Visa. In exchange for my spouse’s exceptional abilities and qualifications, he was awarded the O-1 visa. And we, in short order, gained green cards.

The primary H-1B hogs—Infosys (and another eight, sister Indian firms), Microsoft, and Intel—are forever claiming that they are desperate for talent. But, in reality, they have unlimited access to individuals with unique abilities through the open-ended O-1 visa program.

I believe that before “Why Aren’t The H-1B Hogs Satisfied With The O-1 ‘Extraordinary Ability’ Visa?” was written, no immigration expert had made the simple point above.

That’s right: The O-1 visa program enables the importation of as many geniuses as a company can find, from every corner of the world. Yet, not even Ron Hira (Ph.D., P.E. Chair, Research & Development Policy Committee The Institute of Electrical and Electronics Engineers – United States of America), advocate for local talent, bothers to point this out in the course of his many media appearances.

UPDATE I (Sept. 13): Tom, the criteria for Sean were quite rigorous. As I mentioned in the article, the authorities do make it even easier for guys who’re more gifted than my guy; they are given green cards on the spot. “A one-of-a-kind Afrikaner RF engineer we know, who possesses a PhD, publications galore, patented software programs and products, and a company, was told to hop on a plane, family in tow.” He came and left; he and the family didn’t like the USA.

Super models can also get the O-1 ‘Extraordinary Ability’ Visa, I believe. And if they are wealthy and beautiful, why not? Heidi Klum has a unique talent or two—and has generated an industry for the locals.

UPDATE II: PERRY FEELS YOUR PAIN, NOT. JACK CAFFERTY, CNN CONTRIBUTOR: “Rick Perry, the anointed front-runner at least at this hour, would have us believe he is a country boy at heart, a down home country cornpone that can relate to the plight of the ordinary American. There’s another side to the Texas governor. ‘Politico’ reports that for years, Perry, who makes $150,000 a year as governor, has enjoyed additional lavish perks and travel mostly funded by wealthy supporters. Imagine that.”

“Texas donors have paid for the governor and his family to travel around the world sometimes on private jets, paid for them to stay at luxury hotels, resorts, vacation in Colorado ski towns, and attend tons of sporting events and concerts. Rick Perry has also accepted a wide range of very expensive gifts, including 22 pairs of cowboy boots, some of them costing $500 a pair. Somebody else even pays his cable TV Bill. Taxpayers pay his rent, $8,500 a month for Perry’s 4,600 square foot mansion in Austin. The governor and his family have been living in the five bedroom seven bath mansion since 2007 while the governor’s mansion undergoes repair. Four years? What sort of repairs are those, do you imagine?”

“It’s all copacetic down there in the lone star state which has some of the loosest ethics and campaign rules in the country. Nonetheless, it is tough to imagine supporters aren’t buying influence when they lavish those perks on the governor. Of course they are. Some donors have wound up with appointments to state commissions, million dollar state grants to businesses they are involved in.”

Perry’s camp insists it is all on the up and up. A spokeswoman told ‘Politico’ the governor fully discloses all gifts and travel in his financial disclosure statements. But that don’t make it cricket.”

Here’s the question — does Rick Perry’s lavish lifestyle, mostly paid for mostly by taxpayers and wealthy friends and donors, match his downhome, awe shucks country boy image?

UPDATED: Mañana: Manna Will Fall From DC Heavens (Bunk Obama)

Barack Obama, Debt, Economy, EU, Europe, Federal Reserve Bank, Journalism, Media, Political Philosophy, Regulation

Streamed into American living rooms, almost hourly, is an ad with MSNBC commentator Rachel Maddow. In the ad, Maddow, whose version of a tinfoil hat is the hardhat, has taken up a position at the foot of the Hoover Dam. Face turned upwards, with childlike faith, she seems to be expressing hope that money will fall like manna from the DC heavens, and that the government will build another such giant dam. Rumor has it that the Messiah will deliver. Mañana.

More to the point, the American cognoscenti, monetary movers-and shakers included, are agreed: The make-work projects of a bankrupt government can cure a country’s economy. Perhaps they don’t know that the money to make work is either stolen (taxed), printed (theft by stealth), or borrowed (fraud if you can’t pay it back).

Among these people a consensus exists: National bankruptcy could never befall the US, because it has a printing press—a paper Pantheon where magic money is manufactured. And we are all expected to believe, based on the divination of the animal spirits, that an abundance of paper, and not production, will produce prosperity.

No less a moocher than the Greek Finance Minister seems to understand that to fix his country’s finances he must privatize industries, cut public-sector wages, and implement a range of labor-market reforms.

He gets it, but not Rachel Maddow. She’s waiting for BHO to deliver. Tomorrow.

UPDATE (Sept. 8): BUNK OBAMA. Please don’t expect a run-down of Zero’s latest plan to spend more money without incurring any more debt. That’s the administration’s claim for its latest political shenanigans.

I’ll be bunking Barack’s speech.

“Illinois Republican Rep. Joe Walsh was the first to announce his intentional absence last week, saying he didn’t want to act as a ‘prop’ for Obama’s speech.” Others have followed, including Ron Paul, who had set the precedent for skipping presidential extravaganzas.

How low have we fallen: The White House is touting
an enhanced live stream with charts, graphs, and quick stats at WhiteHouse.gov/live.” Yippee. ONLY NEXT WEEK will the president divulge how he intends to pay for the purported $400 billion in deficit-spending he will be proposing, shortly.

If the guy meant business, he’d repeal ObamaCare and all the thousands of pages of other regulation he has signed into law since his pox-full presidency began. He’d adopt flat, very LOW, corporate and individual tax rates. And he’d stop stimulating his package in public. It’s obscene.

Should the Fretboard Man Fret?

Business, Free Markets, Government, Individual Rights, Law, Music, Natural Law, Regulation, Technology

The house virtuoso does not own a Gibson guitar; he dislikes them with a passion. Being one hell of a neoclassical, instrumental guitarist, Sean Mercer has his reasons. (Listen to the YouTube posted below.) He does, however, own the following fine instruments, which are crafted with assorted hardwoods, some rare, and possibly illegal:

Carvin DC747 (Maple)
Carvin AC275 (Hawaiian Koa body & neck, Ebony bridge)
Carvin AC175 (maple, ebony)
Carvin LB76 (Curly maple)
Carvin IC6 (Walnut, maple)
Carvin NS1 classical (mahogany, ebony bridge & fretboard)
Warwick Streamer (Wenge, maple) – Germany
Warwick Double Buck (Wenge neck, Alder)
Yamaha Classical (Rosewood back & sides, Ebony, Spruce)
Jackson SL1 (maple)
Kramer Stagemaster (Maple, ebony fretboard)
Kramer Pacer (Rosewood fretboard, maple)
Dean 7 string (mahogany body, maple neck, ebony fretboard)
Brian Moore iGuitar (Rosewood fretboard, alder border)

For the possession/importation/smuggling of “rare ebony wood from India used to make some of the world’s most coveted guitars,” US federales have raided the Tennessee plants of Gibson Guitars.

The meek chief executive of Gibson Guitars, Henry Juszkiewicz, pleaded plaintively with the public: “We were not engaged in smuggling. ‘We have been importing fingerboard stock on a regular basis from India for 17 years.'”

He might have pointed to the fact that this is part of the feds’ ongoing criminalization of naturally licit behavior, and that, last he looked, ex post facto prosecutions were unconstitutional. In other words, when Gibson began importing these woods, the practice was legal. It is unconstitutional to criminalize actions that were legal when committed.

Business in the US is anything but Randian; it adopts an obsequious manner with the both the pitchfork-hoisting public and our DC Overlords.

Downsize the “Oink Sector”!

As promised, here is a piece from the CD “Electric Storm,” by instrumental guitarist Sean Mercer. Sean’s compositions were featured in Guitar Player Magazine. Wrote the great Mike Varney:

Sean’s demo showcases his skills as a producer, engineer, writer, performer, and keyboardist. His set of neo-classical instrumentals are [sic] reminiscent at times of works by Tony MacAlpine. Complex arrangements, tightly played ensemble lines, and a grand display of thematic solo work should make this tape of particular interest to neo-classical fusion fans. [Mike Varney, Guitar Player, October 1991]

Leech-In-Chief Robs Job Market

Barack Obama, Business, Debt, Economy, Free Markets, Labor, Political Economy, Regulation

Robbing Peter to pay Paul impoverishes. Put differently: this month, the proverbial Peter was unable to create prosperity that would have redounded to all Americans. The leech-in-chief and the political parasites surrounding him have put in place policies which guarantee that the U.S. job market flat-lines, as it did this month. “The worst performance since last September, the Labor Department said.”

Heartbreaking are the images of “job seekers waiting to enter job fairs”—which in themselves often appear to be feel-good affairs organized by ruthless politicians eager to be perceived as doing something.

In the interim, when he’s not preparing to wow us with his words—a disappearing act would be more welcome—President Obama is hiring. He has just nominated a new bloodsucker to advise him on economics. Does Alan Krueger truly believe that fixing the price of labor via minimum wage laws is not such a bad idea? Apparently so.

Considered a form of price control, minimum wage laws create poverty by creating unemployment among the poor and unskilled. “Fixing the price of labor above the market rate or the productivity of the employee as the minimum wage does causes surpluses of labor. The jobs would exist had government not legislated them out of the reach of those who need them.”

They are the individuals in the images.

BHO is also poised to do some more taxing, printing, and borrowing.

A glimmer of good news can be gleaned from the WSJ report: “Cuts in the public sector entirely offset the private sector’s gain of 17,000 jobs.”

If only the poor people standing in line at these job fairs—often only to meet and greet a greasy politician—understood that every little slash at the “Oink Sector” helps to seed a job in the real sector.