Professor: Jail Climate Skeptics

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Professor Lawrence Torcello an assistant professor of philosophy at Rochester Institute of Technology, has called for the arrest and prosecution of doubters of the government’s manmade-carbon-dioxide-driven-global-warming hysteria. Torcello says there is “an organised campaign funding misinformation” regarding climate change which “ought to be considered criminally negligent.” See here.

Torcello is not speaking of the well organized, government-funded movement to promote hysteria regarding climate change, and its accompanying calls for more government power, taxation and socialism.

Rather, he writes that questioners and skeptics, especially those who seem to be leading others toward questioning authority regarding climate, should be prosecuted for criminal negligence.

The Average Retiring New York Firefighter Costs Taxpayers About 2 Million Dollars.

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Today’s federal and state government employees are often lavished with luxurious pensions and salaries. In many counties, the largest and most expensive mansions are owned not by business leaders but by government employees.

New York City firefighters are greatly overpaid. And when they retire, a very high percentage (80 percent or more) declare they are “disabled,” meaning they claim they are not able to work in other fields. Many of these “disabled” firefighters can be seen on Long Island golf courses and swimming in pools at elite country clubs.

According to Gavin McInnes, some 80 percent of retiring New York firefighters declare they are disabled and thereby “get their 100k a year tax-free and if they die, their spouses get the money until they die.” “[T]his usually runs the taxpayer about two million dollars per firefighter’s retired lifetime; not bad for getting paid to sleep for twenty years.”

According to McInnes, New York City employees are milking the taxpayers royally. “[I]t’s not unusual in New York to get ten firefighters, five cops, and three EMT for every teen who faints on a field trip to the museum—seriously, my wife works there.” McInnes article is here.

U.S. Senator Calls on Justice Department to Persecute Climate Skeptics

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We have previously reported on leading journalists and professors who have called for the arrests and prosecutions of those who question the government’s climate-change messaging. See here and here.

Now a sitting U.S. Senator, Sheldon Whitehouse (D.-R.I.), is calling on the U.S. Justice Department to pursue (apparently civil) charges against those who disagree or question the government regarding the alleged threat of manmade-CO2-driven-global-warming. See here.

Kuwait becomes first country to mandate government DNA registry for all subjects

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The endless quest by governments to monitor, surveil and control all human life and activity continues.

It went mostly unnoticed 10 years ago when the U.S. Congress enacted a “Real ID” law requiring that every state impose some form of biometric identifier in its driver-licensing. There was a minor popular backlash in state legislatures; then the draconian move was mostly forgotten. See here.

Today, many state driver-licensing programs require fingerprints or thumbprints to get a driver license. (Of course, the whole idea of driver licensing is quickly becoming outdated, as technology approaches the era of driverless vehicles. The program, even now, is mostly a government identification program masquerading as a traffic-safety program.)

Now Kuwait has moved toward requiring a blood-DNA sample from every citizen, . . . er, subject. See here.
At present, the U.S. only requires DNA blood samples from exiting federal (and many state) prisoners.

Stay tuned!

An Example of a Society that made itself Wealthy: Singapore

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Amidst all the recent news of societies foolishly impoverishing and destroying themselves with socialism, it is always good to point to societies that transformed themselves from poverty to abundance.

The country of Singapore was a 3rd world country just two generations ago. Most of its population had no running water and no electricity. Life expectancy was short and malnutrition was common. Pollution and environmental degradation was the norm.

But “[b]y embracing free trade, capital formation, vigorous meritocratic education, low taxes, and a reliable judicial system, [Singapore] raised [its] per capita income from $500 a year to some $52,000 a year today. That’s 50 percent higher than that of Britain, the colonial power that ruled Singapore for 150 years. Its average annual growth rate has averaged 7 percent since the 1970s.”

The people of Singapore were toothless savages in the beginning; but they refused to listen to voices telling them to follow other societies toward government control and redistribution.

Today the Frasier institute’s Freedom of the World report lists Singapore as the second freest economy in the world — right behind Hong Kong. As Frasier scholars have demonstrated year after year, economic growth and free markets go hand and hand.

As John C. Goodman writes, Singapore “has built an alternative to the European style welfare state.” “About 90 percent of Singapore households are home owners – the highest rate of home ownership in the world.”

And Singapore has a sort-of individual Roth IRA system for health care. Private accounts rather than public, single-payer medicine:

In health care, Singapore started an extensive system of “Medisave Accounts” in 1984 – the very year that Richard Rahn and I proposed “Medical IRAs” for America in the Wall Street Journal. Today, 7 percentage points of Singapore’s 36 percent required savings rate is for health care and is deposited in a separate Medisave account for each employee. Individuals are also automatically enrolled in catastrophic health insurance, although they can opt out. When a Medisave account balance reaches about $34,100 (an amount equal to a little less than half of the median family income) any excess funds are rolled over into another account and may be used for non-health care purposes.

Goodman’s article is here.

High-taxing Illinois, like Greece and Puerto Rico, is nearing default on its debts.

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The financial world has been reeling from a series of worldwide financial crashes. This week, high-taxing, high-regulating Greece became the world’s first “first-world” country to default on an IMF loan. On Sunday, the governor of Puerto Rico announced that his Island State’s debts are unpayable. On Monday, the U.S. Dow plummeted 350 points.

Also this week, the State of Illinois–considered America’s Greece by the Economist Magazine–is approaching default on its high pension obligations. Illinois, like California and New York, lavishes public so-called workers with extravagant pension, medical and retirement packages. Illinois State retirees have often been seen in Las Vegas casinos alongside sheiks and oil barons at high-stakes craps and blackjack tables.

According to the Chicago Sun-Times, “One day after using borrowed money and savings generated by 1,400 layoffs to make a $634 million payment to the teachers pension fund, [Chicago] Mayor Rahm Emanuel’s administration is asking the pension fund for a five-month, $500 million loan.”

Socialist-oriented politicians at both the Illinois State and Chicago City level are shuffling funds back and forth to attempt to meet financial-payment deadlines. The hard-hit taxpayers of Illinois are being made to shoulder ever-higher burdens.

Stossel: The Real Erin Brockovich Reaped Millions by Shaking Down Innocent Corporations

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The often-brilliant John Stossel is out with a review of the new box-office smash, Jurassic World. The movie, like many others, bashes corporations.

Stossel briefly discusses the 2000 film “Erin Brockovich,” which was nominated for Best Picture and which garnered actress Julia Roberts with numerous “best actress” awards:

In the movies, anti-business activists like Erin Brockovich are depicted as lifesavers. Brockovich, a hustler for personal injury lawyers, used her ample charm and cleavage to recruit clients who sued Pacific Gas and Electric, claiming the power company gave them cancer.

That was highly unlikely, given that the accused chemical, hexavalent chromium, causes cancer only at much higher doses. PG&E workers, despite being exposed to much more of it, live longer than average.

But Brockovich still got PG&E to pay out over $300 million, of which she got $2 million. That makes her a hero?

Martin Gilens’ Affluence & Influence (2012): A Review

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by Dr. Roger I. Roots

There is a book (and several studies) by Princeton Sociologist Martin Gilens making the rounds among “campaign finance reformers” of late. Gilens purports to have analyzed extensive data regarding the political preferences of the affluent, the middle class, and the poor, and to have distinguished between the three. The book is essentially Marxist in its obsession with class struggle, and government’s responsiveness to the wishes of the poor, as opposed to those of the middle class, as opposed to those of the rich.

Gilens’ overarching theme and conclusion is that the political system responds more favorably to the policy preferences of the affluent than to the policy preferences of the poor or the middle class. His work is cited commonly by the government-trusting “left” as grounds for constitutional amendments, “democracy vouchers,” and other mechanisms to further empower the government in the area of campaign messaging.

This research might be criticized on many grounds. Gilens has made dozens—maybe hundreds, maybe thousands—of choices regarding which polls to cite, and which statutes of Congress or policies of the president to count as successful enactments. By picking some polls and not others, or pointing to some policies and not others, Gilens pronounces (don’t laugh) that the U.S. government has veered deeply toward a free-market, libertarian agenda—as (he claims) is favored by the ultra-rich.

Of course, even the most superficial scrutiny of long-term trends (e.g., the growing share of GDP taken up by government) demonstrates the general falsity of some of Gilens’ assertions.

Gilens’ work contains a built-in bias favoring the notion that “democracy” works best when political representatives are most responsive to majorities. But most people (rich, poor or otherwise) would probably admit that majorities are often wrong, or hold opinions that are superficial and not well thought-out. Minorities with more in-depth knowledge or experience in a given topic area might hold “better” opinions on some things, and any wise policymaker should be well aware of this.
But Gilens is obsessed with notions that any failure by government to respond to voting majorities represents proof of manipulation by the affluent.

Totally lacking in Gilens’ analysis is any notion that government has an interest, or that that interest could ever be malevolent. Gilens appears to have overlooked vast polling which shows Americans have become highly suspicious of government, that voters regard government as “an immediate threat” (Gallup’s words) to their lives, that voters overwhelmingly (by supermajorities) favor tax cuts, and that voters believe the federal government wastes the majority of money it receives.

The true scandal of modern American politics, of course, is that democratic majorities want more freedom and are not getting it.

There is an interesting discussion of the Bush tax cuts in Chapter 7 of Affluence & Influence. Gilens is deeply troubled by the seemingly (to him) unexpected support by the poor for tax cuts that helped the rich. In Gilens’ view, there could be no good reason (other than “false consciousness”) for the poor to favor free-market reforms of any kind. The poor, according to Gilens, should support nothing other than socialism and redistribution as being in their best interests. Gilens has almost certainly never read Hayek’s Road to Serfdom.

Greek Social Security checks are withheld from retirees as Greece defaults on national debt

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Have you ever wondered about the future of American Social Security? What will happen when liabilities are larger than the credit of the country?

A story today on Yahoo News revealed that retired Greeks who traditionally draw their government pensions in cash from their local banks are now finding that the banks only allow small portions of the pensions to be paid out.

Greece, like the U.S., has gone through years of socialistic, redistributionist governance. Just as in the U.S., government spending has taken up a larger and larger share of the country’s GDP, as grandstanding politicians made promises to the electorate. Health care, job security, and retirement security were all promised by politicians.

Greece’s retirement program–just as American Social Security–incentivized Greeks to work less, save less, and invest less. Just as people themselves lost productivity and prosperity, the country as a whole became weaker and poorer over time.

Long-term artificially-low interest rates are causing lower productivity across Europe

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In a previous post, we alerted readers to a recent report that worldwide central banking has kept interest rates so artificially low for so long that “experts” now doubt whether central bankers can “fix” any future financial crisis. The Telegraph story is here.

The same report also warned that these artificially low interest rates have almost certainly caused a significant decline in general productivity across the world.

Study the chart above. Overall productivity in Europe traditionally grew at rates greater than one or two percent per year. (And growth rates were much higher in the U.S.)

After the recent financial crises, however, government-central bankers responded with lower-than-natural rates of interest on lending. This led to misallocation of business capital, lots of foolish business investment, lots more debt everywhere, and lots more government.

Now productivity growth rates are at or near zero-to-half-of-one-percent annually.

Europe is dying, killed by government and Keynsian economics.