American Ruling Class

Obama: US Tyranny Impossible Because ‘Government Is Us’

"The government is most assuredly not us – at least not all of us – which is why our system of government is designed to protect the rights of minorities while still allowing majorities to legislate without violating those rights. Obama’s defense to charges of incipient tyranny is that tyranny can never happen here. Which, of course, makes it more likely that tyranny will happen here. The second odd angle is Obama’s insistence that the Constitution constrains him. The natural inference seems to be that if it were not for the Constitution, Obama would indeed pursue a federal gun seizure." Continue reading →

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“State Control”: What the UN Firearms Treaty is All About

"For more than fifty years, the United Nations, with the enthusiastic support of the U.S. government, has pursued a vision of 'general and complete disarmament' in which the world body, or its successor, would claim a monopoly on the 'legitimate' use of force. Within that global monopoly, each national government would have an exclusive territorial franchise. It was in pursuit of that formula that UN 'peacekeepers' were deployed in Rwanda in 1993. Despite that country’s history of bloody ethnic conflict, Rwandans were assured that they had nothing to fear from a UN-approved government that claimed a monopoly on weaponry." Continue reading →

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The GOP’s Drug-Testing Dragnet

"The annual Drug & Alcohol Testing Industry Association (DATIA) conference, held in 2012 in San Antonio, Texas, looks like any other industry gathering. The 600 or so attendees sip their complimentary Starbucks coffee, munch on small plates of muffins and fresh fruit, and backslap old acquaintances as they file into a sprawling Marriott hotel conference hall. They will hear a keynote address by Robert DuPont, who served as drug policy director under Richard Nixon and Gerald Ford. Nothing odd about any of this until you consider that the main subject of the conference is urine." Continue reading →

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David Galland: Big Brother’s Beginnings

"For me, then, the real message of 1984 is that once governments are allowed to get too firm a grip on the reins of power – including the judicial, the constabulary, the military, the media – they are not just imminently corruptible but super-hardened to any real change. I, Pencil, Leonard Read's 1958 essay, a video version of which you can watch here, explains how the free market works using the simple example of how the lowly pencil is produced and brought to market. I'll try to use the same sort of simplistic example – replacing the pencil with the coca leaf – to expose the genesis of Big Brother's steady assent to unassailable power." Continue reading →

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Obama picks Goldman Sachs exec for ambassador to Canada

"U.S. President Barack Obama has selected a partner at the investment firm of Goldman Sachs in Chicago to be the new U.S. ambassador to Canada, CBC News has learned. Sources tell CBC News Network's Power & Politics that Bruce Heyman has accepted the job but still has to pass a vetting process in order to be be formally nominated. His confirmation will be up to the U.S. Congress. Well known as a high-level fundraiser to Barack Obama, Heyman and his wife Vicki, also a fundraiser, raised more than $1 million for Obama and were on his national finance committee. Heyman runs the private wealth fund at Goldman Sachs." Continue reading →

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State-Wrecked: The Corruption of Capitalism in America – David Stockman

"As the federal government and its central-bank sidekick, the Fed, have groped for one goal after another — smoothing out the business cycle, minimizing inflation and unemployment at the same time, rolling out a giant social insurance blanket, promoting homeownership, subsidizing medical care, propping up old industries (agriculture, automobiles) and fostering new ones ('clean' energy, biotechnology) and, above all, bailing out Wall Street — they have now succumbed to overload, overreach and outside capture by powerful interests. The modern Keynesian state is broke, paralyzed and mired in empty ritual incantations about stimulating 'demand.'" Continue reading →

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Study: Economists Willing To Sacrifice Body Parts For Prestigious Journal Publications

"The time tradeoff (TTO) method is popular in medical decision making for valuing health states. We use it to elicit economists’ preferences for publishing in top economic journals and for living without limbs. The economists value journal publications highly and have a clear preference among them, with the American Economic Review (AER) the most preferred. Their responses imply they would sacrifice more than half a thumb for an AER publication. These TTO results are consistent with ranking and willingness to pay results, and indicate that journal preferences are not entirely determined by impact factors or by expectations of a salary increase." Continue reading →

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George W. Bush the costliest former US President at $1.3 million per year

"George W. Bush is costing taxpayers $1.3 million a year, the most of any ex-President, according to a report by the nonpartisan Congressional Research Service. Meanwhile, taxpayers are forking over nearly $3.7 million total to pay for the four remaining presidents: Jimmy Carter, George H.W. Bush, George W. and Bill Clinton. That figure includes their $200,000 annual pension, compensation and benefits for a small staff, and funds for travel, office space, and postage. But it doesn't include the additional money spent on Secret Service protection, which is not made public, CNN wrote." Continue reading →

Continue ReadingGeorge W. Bush the costliest former US President at $1.3 million per year

California’s Golden Bureaucrat Snags $400K of Yearly Compensation – for the Rest of Her Life!

"Alameda County supervisors have really taken to heart the adage that government should run like a business — rewarding County Administrator Susan Muranishi with the Wall Street-like wage of $423,664 a year. For the rest of her life. …Muranishi’s annual pension will be equal to the dollar total of her entire yearly package — $413,000. She also has a separate executive private pension plan, for which the county chips in $46,500 a year." Continue reading →

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Bauman’s Little Black Book of Buffoons

"Public servants who no longer serve the best interests of the public should always follow Sir Anthony Eden’s example and resign on moral grounds. And here in the U.S., the list of useless officials in our government is shocking and even demoralizing. Resign! What follows is just a small sample of them, albeit the top five in my little black book of who should fall on their swords – all of them buffoons." Continue reading →

Continue ReadingBauman’s Little Black Book of Buffoons