Sunday Shorts
It's a fairly slow news day (for the moment, anyway), here's a few miscellaneous items:
- Eric Ruth at the WNJ suggests that Delaware businesses will gain from the upcoming bump in Maryland sales tax. Good thing, if it happens, but color me skeptical. Folks wishing to dodge Maryland sales tax already come here to shop. Last night I went to Elkton with the family to shop at the only decent Wal-Mart in the region, and parked in a sea of Delaware-tagged vehicles. It would seem that that sales tax isn't the only thing folks consider in choosing where to shop.
- Fox News has been flogging this story about a dog from the Washington Square area possibly being held for ransom. Not to take away from the story itself, as it's truly difficult not to empathize with the dog-owner's loss, but why is this a national top story for Fox? Have they run out of MAWWs (missing attractive white women)?
- I stayed away from the story about the NIE last week. Opinions on the right are as varied as I've seen, and the left predictably has flip-flopped on their view of our intelligence agencies. Before, they were untrustworthy tools of the administration, suddenly the CIA is back in vogue now that the meme is convenient to the reflexive purveyors of hatred toward all things Bush. All kinda predictable, I suppose. A couple of points, though. Applying pressure on a rival nation and actually going to war are very different, and I've seen nothing substantive to indicate that Bush has crossed that line or even plans to. With even many on the right (including me) conceding that the administration has made plenty of errors, why does the left feel compelled to engage in fantastic conspiracy hype and downright dishonesty?
- Okay, one more thought on the NIE. In industry, it's not uncommon to design something even go so far as to prototype it, then shelve the design while waiting for some outside event to occur, such as new availability of raw materials, or the maturing of complementary technology, or an anticipated change in market conditions or politics. The elephant in the middle of the room regarding Iran is that they did indeed have a nuclear weapons program, and they are still enriching uranium they don't need. Isn't it possible that they shelved it for reasons having nothing to do with us? Wouldn't it be folly to assume that "shelved" is the same as "scrapped"? Just asking...
- On the CIA's destroyed interrogation tapes - everyone knows that we waterboarded two or three terrorists a few years ago, and haven't done it since. Does a tape of an event already admitted to really add anything new to anyone's argument on either side? Other than to be used as fuel for demagoguery, that is. Speaking of which, all of the "obstruction of justice" talk seems to be a little overboard in light of the fact that no one was objecting to the CIA's techniques at the time, including some key Democrats like Nancy Pelosi, Jane Harman, Bob Graham, and John D. Rockefeller. But I don't hear anyone calling for investigations on their complicities in the matter...
- I agree that Huckabee is starting to look like he has too many warts to go the distance. Shame, too, as he seemed pretty likable before his record started coming to light. Maybe there's still time for Fred to come alive...
- Lots of folks seem to agree with the sentiments in this opinion piece. I can't remember Ron Williams' message, though - all that stuck with me was the childish and petty tone of the piece. Shame, too, as Ron might have had something important to say...
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Mr. Huckabee is the only non--status-quo candidate in the race (who will not cede Iraq and Afghanistan to the enemy). Turns out his candidacy comes at a crucial time for America, economically.
Renown economist, Dr. Laurence Kotlikoff, has stated (9/26/2006),
"Yes I think [the U.S. is bankrupt] because if you look at our long term fiscal obligations and compare them with our tax receipts that are projected to come in, you end up finding the difference in present value is equal to $63 trillion. This is according to an update of a U.S Treasury study. So it is not an academic study but rather a government study.
"To come with $63 trillion in present value, you would have to have an immediate and permanent roughly 70 percent hike in federal corporate and personal income taxes. Alternatively you could immediately double the payroll tax. So we are talking about gargantuan adjustments here, huge problems that we are facing, and a lot of this has to do with the fact that the society is aging. We are currently facing 33 million people over 65. But when the Boomers retire there will be about 77 million people over 65. And we are currently handing out per old person roughly $30,000 on average in Medicare, Social Security and Medicaid benefits. But when the Boomers retire we are going to be paying them a lot higher level of benefits because these benefit levels continue to grow much more rapidly than wages per worker. So think about 77 million Baby Boomers getting roughly $40,000 per head, and you see the magnitude of the problem. We are talking trillions of dollars. $44,000 times 77 million is a very big number. It is in the trillions, A couple trillion dollars a year in obligations. So I do not think it is an exaggeration to say the country is bankrupt."
Kotlikoff believes that Huckabee's FairTax is the vehicle to derail economic meltdown.
And Kotlikoff is in good company.
Flat tax has a few supporters as well, and IMO has fewer problems. However, I'm not sure Huck can win in the general election - the warts I mention above have nothing to do with his support of FairTax.
I couldn't disagree with you more about Gov. Huckabee. The more I see about his record the more I like him.
I think the questionnaire is a silly issue. The man has a record in public office of what a decade and a half. There is not one negative toward AIDS patients. Are you saying you have a problem with people growing? It is fascinating how governance helps you to understand people. By the time of the Lawrence decision, he was already in opposition to Sodomy laws. It was not the place of government to interfere in private lives.
I want a President with the capacity for growth but who will not abandon his core.