Salsman: Fiscal Austerity And Rational Morality

Writes Richard Salsman on Fiscal Austerity And Rational Morality in Forbes:
[...] To produce income for oneself and one’s family, to  plan ahead and budget, to borrow only when it makes sense to do so (but not in order to consume beyond one’s current or near-future means), and to save some income, are all acts that are rational, selfish, and thus moral. None of them is an ascetic act of self-sacrifice performed from duty or a hatred for one’s life, self, health or wealth. The result of producing, saving, and investing is not the miser’s life nor the cartoonish life of Mr. Scrooge but the life of earned success, supreme comfort, and guilt-free happiness. “Austerity” seems much too harsh a name for this kind of wonderful life.

To live this way used to be called “economizing.” It was the life of the virtuous – and prosperous. Yet most economists today, Keynesians as they are, deride economizing. Saving, they insist, constitutes a “leakage” from the “spending stream;” saving allegedly drains an economy of its lifeblood, of that unaffordable gusher known as “consumer spending.” Consume! is their sole advise to all who will listen, consume early and often, consume on credit, if necessary, and “shop ‘til you drop,” then pick yourself up and shop yet again. Somehow, all of this will revive a weak economy. If it’s weak, we’re told, it’s because there’s “insufficient demand,” insufficient consuming, too little senseless shopping. Households, businesses and governments alike should spend more, say these anti-economizing economists, not save more; they should spend beyond their means, and somehow that will create the means. If all must borrow to spend beyond their means, then banks must lend more; if they don’t, they must be “induced” to lend more; if needed, they must be forced.

Bosch Fawstin Releases Infidel#2

It's been a long wait, but Bosch Fawstin's The INFIDEL #2 is out -- and it is full of surprises.THE INFIDEL, a story about twin brothers whose Muslim background comes to the forefront of their lives on 9/11. One responds by creating a counter-jihad superhero comic book called PIGMAN, as the other surrenders to Islam. Pigman's battle against his archenemy SuperJihad is echoed by the escalating conflict between the twins.Bosch Fawstin is not only a great illustrator -- he is an even better story teller. If you like Frank Miller's original Dark Knight books you will love Fawstin's THE INFIDEL.Visit this page to order it online for only$3.

BBC Bows to Mecca

Here's a piece about the BBC's (Bend over Backwards Corporation?) self-censorship over Islam and Muslims as an explicit, mandated policy under its current director, Mark "Run Away!" Thompson. (The nickname is mine, from the knights' battle cry in Monty Python's "Holy Grail" movie.) I'd like to see a similar exposé of its counterpart here in the U.S., the Corporation for Public Broadcasting (or PBS) "a private corporation funded by viewers like you," through donation and tax dollars.

Anyone see the contradiction in that assertion? I've not seen a single program that portrays Islam in its true light, only programs about animals and struggling illegal aliens and global warming and bringing technology to poor countries that couldn't sustain it anyway because they're mired in collectivism and socialism. or just plain primitivism. We don't have a TV license tax here, but we may as well have for all the hidden taxes that go into the purchase of a TV. The CPB is the federal government's propaganda arm; PBS affiliates are its local branches, and the MSM its private and willing auxiliary, all hoving to the
gentleman's agreement to "never speak ill of Islam." -- Ed Cline

http://www.islamist-watch.org/9972/the-bbc-broadcasts-its-own-dhimmitude

Collectivist Arizona Immigration Law is Anti-Capitalist

by Harry Binswanger, Ph.D.Now that the Arizona immigration-control law is at the Supreme Court, it’s time to analyze that law.There are two levels: the philosophic level and the level of Constitutional law. Fortunately, they both point to the same conclusion.The philosophical issue is my main concern. There is no dichotomy between property rights and human rights. Just as foreign businessmen have the absolute right to send their products to domestic buyers, foreign individuals have the absolute right to enter the country. If you support free trade, consistency requires supporting free immigration. (But granting citizenship, and the vote, is a different matter; restrictions on that are proper—and should be applied even to natural born citizens.)And let’s go further: if you abhor the inspection of goods at the border, you should abhor the inspection of men at the border. (The premise of this entire discussion is that we are not at war and not in the midst of an epidemic or other emergency). There is no justification for inspecting parcels or persons at the border. The widespread view that government may properly inspect for disease and criminal records is well motivated, but mistaken. The terms of when a person may be inspected by government has nothing to do with whether the person is domestic or foreign, nor whether he is standing at the nation’s border or on the corner of Hollywood and Vine. Police need probable cause (or whatever the legal standard is) in order to interfere with free movement.There should be no visible border. The border between the U.S. and Mexico (and between the U.S. and Canada) should be exactly like the border between Connecticut and Massachusetts: you see Welcome to Massachusetts and otherwise you are unaware of the difference.A logical error makes some people think a government has the right to exclude, detain, or otherwise interfere with foreigners. The error is confusing the protection of rights and the non-violation of rights. The fact that a government is limited to protecting its citizens’ rights doesn’t mean the government is allowed to violate non-citizens’ rights. The San Diego police are not authorized to enter Tijuana to start protecting Mexican’s rights, but that doesn’t mean it can enslave Tijunans (whether those Tijunans are inside or outside the U.S.).Back to first principles: the source of government authority is the delegation of rights by the citizenry. A citizen has no right to interfere with the free movement of any individual, foreign or not, so neither does the government. You could not stand at the national, state, or municipal border and demand people stop for inspection, to prove they are not criminals and not diseased. You cannot delegate to the state a right you do not possess.Notice that, stemming from your right of self-defense, the state certainly does have the authority to detain and inspect—or even imprison—anyone who gives specific evidence of initiating force. Contra anarchism, if a foreigner is brandishing a gun, that is full justification for police action. But that governmental authority applies in exactly the same way to citizens. It is not whether someone is Mexican or American that justifies government action, it is whether he is objectively threatening force.Collectivism is usually involved in people’s thinking on this subject: xenophobia is a form of collectivism, and that accounts for a lot of the opposition to open immigration; but collectivism in regard to America is often involved—on both the Left and the Right. For example, people will say: If government didn’t inspect fruits and vegetables coming in from unsanitary places like Mexico, we’d be hit with diseases, which is a form of force. But no one forces you to buy or eat particular fruits or vegetables: they end up in your mouth by a series of voluntary transactions on the free market. A&P chooses to buy Mexican fruits and vegetables, and you choose to buy them from A&P. It is highly against A&P’s interest to sell tainted produce—from anywhere. (And food poisoning is not contagious.)Collectivism means viewing this issue as: Their unsanitary food enters our country. But it is not them and us—it is a particular Mexican vendor dealing with a particular American supermarket dealing with a particular citizen. And it’s all voluntary.Now here’s an example of collectivism from Wednesday’s Wall Street Journal. An editorial on the Arizona law refers to the authority that Congress bestowed as part of its power to manage the nation’s borders. There is no such proper power. The relation of Congress to the U.S. border is not the relation of an individual to his property line. Congress does not hold the U.S. as its property. Again, no individual has the right to go to some jurisdictional boundary and use force against people trying to cross it; he can do that at the border of his property (subject to the requirements of objectivity vs. anarchist vigilantism), but it is collectivism to transfer one’s thinking about property lines to border lines.The border is a line demarcating jurisdiction not ownership. Its function is to tell the government where its authority ends (and to tell the citizen what legal jurisdiction he has entered). The only proper governmental managing of our borders, in peacetime, that I can think of is keeping in good repair the Welcome to America signs.The legal-Constitutional side of the Arizona law is something I am not expert on, but given my limited knowledge it seems that the issue is federal vs. state authority regarding immigration. The Constitution gives that authority to the federal government. It is said that all the states are doing is enforcing federal law. E.g., the same Wall Street Journal editorial says:
[Arizona] carefully crafted a state law that is consistent with the federal immigration laws already on the books. All Arizona does is instruct state police to enforce federal immigration laws—for instance, by calling federal officials if a person they arrest can’t verify his legal status. . . . The state is simply using its own resources to execute rules set up by Congress.
These rules are themselves wrong, as I showed above. But let’s waive that and try to straighten out the resulting (ultimately irresolvable) mess. In a conflict between the federal government’s interpretation of how its laws should be executed and a states interpretation of that, which body should prevail? Clearly, the federal government’s. I gather that the federal government does not agree with how Arizona is executing federal law. If that’s the case, it’s sufficient grounds for the Supreme Court to void the Arizona law.What complicates the case here is that not only is the federal law improper, the objections to how Arizona is administering it, from the little I have read, are improper. The objections seem to center around profiling, which is a conceptual package-deal. The proper part of the package is: it is wrong to use statistics about groups as evidence regarding the volitional choices of individuals. The improper part of the package is the reverse: it is wrong to ignore evidence about the volitional choices of an individual because he is a member of some group. If one sees a thuggish looking individual engaged in suspicious behavior, that is not to be ignored on the grounds that he is a member of some race. (This is only an indication of how to approach what can be a difficult issue in application.)Aside from the legal issues, the symbolic meaning of the Arizona law is well understood and transcends the issue of Left vs. Right. The supporters of the law are anti-immigration; the opponents of the law are pro-immigration. As an individualist, I oppose the law.Dr. Binswanger, a longtime associate of Ayn Rand, is a professor of philosophy at the Objectivist Academic Center of the Ayn Rand Institute. Special Offer: Dr. Binswanger moderates Harry Binswanger’s List (HBL)–an email list for Objectivists for discussing philosophic and cultural issues — a free one-month trial is available at: www.hblist.com.

IRS Harassment of Tea Party Groups

Ira Stoll notes at The Future of Capitalism that Congressman Tom McClintock, a Republican of California, has made the following remarks about the "IRS Harassment of Tea Party Groups."
It seems that Tea Party groups are now being treated very differently than their counterparts on the political Left. For the last two years, many have been stone-walled by the IRS when they have sought to register as non-profits and most recently, they have been barraged with increasingly aggressive and threatening demands vastly outside the legal authority of the IRS. Indeed, the only conceivable purpose of some of these demands could be to intimidate and harass.

A Tea Party group in my district is typical of the reports we are hearing from all across the country. This group submitted articles of incorporation as a non-profit to the state of California, and received approval within a month. Then, they tried to register as a non-profit with the IRS. Despite repeated and numerous inquiries, the IRS stonewalled this group for a year and a half, at which time it demanded thousands of pages of documentation – and gave the group less than three weeks to produce it.

The IRS demanded the names of every participant at every meeting held over the last two years, transcripts of every speech given at those meetings, what positions they had taken on issues, the names of their volunteers and donors, and copies of communications they had with elected officials and on and on.

Perhaps most chilling of all, the organizer of this particular group soon found herself the object of a personal income tax audit by the IRS....

The FDA Owns Your Stem Cells

Writes Scientist Keith Lockitch on FDA Versus Stem Cell Therapies:
Who owns your cells? The FDA seems to think it does, given its lawsuit against Regenerative Sciences, a company that treats orthopedic injuries by extracting, culturing and reinjecting adult stem cells derived from a patient’s bone marrow.

The case is precedent-setting in that FDA is claiming authority to regulate a patient’s own cells as though they were chemical drugs. As one researcher describes it:
If you start to look at this product as being the patient’s own stem cell, how can the FDA claim Regenerative is manufacturing [cells] – they’re culturing them. . . . They seem to have lost perspective on using autologous stem cells. There’s just no way you could apply manufacturing standards. . . . The FDA does not come into a cardiology practice and tell doctors how to do their surgeries or how to do heart replacements. And yet they feel they can come into a stem cell clinic.
The problem with FDA “coming into a stem cell clinic” is that this could have a significantly chilling effect on this whole field of medical research. Under the burden of FDA’s regulatory intervention, the costs of developing adult stem cell treatments would explode and treatments that might have otherwise been profitable might never even make it to market—as has happened with drug development in the U.S. And while stem cell therapies are under FDA review, patients will be denied government permission to use treatments derived from their own cells. [FDA Versus Stem Cell Therapies]

Read the full post at VOICES for REASON.


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