The Punitive Economic Cost of Class-Warfare Taxation

September 1, 2014

Phineas Fahrquar:

More evidence (from Europe!) that high tax rates harm economic growth and general prosperity. Barack Obama, take note.

Originally posted on International Liberty:

I’ve already shared a bunch of data and evidence on the importance of low tax rates.

A review of the academic evidence by the Tax Foundation found overwhelming support for the notion that lower tax rates are good for growth.

An economist from Cornell found lower tax rates boost GDP.

Other economists found lower tax rates boost job creation, savings, and output.

Even economists at the Paris-based OECD have determined that high tax rates undermine economic performance.

And it’s become apparent, with even the New York Times taking notice, that high tax rates drive away high-achieving people.

We’re going to augment this list with some additional evidence.

In a study published by a German think tank, three economists from the University of Copenhagen in Denmark look at the impact of high marginal tax rates on Danish economic performance.

Here’s what they…

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The Russo-Ukrainian War

August 31, 2014

Phineas Fahrquar:

Our “We don’t have a strategy yet” leadership in DC has left the initiative to Vladimir Putin, who has exploited it to the hilt and is now settled on a revanchist war in Ukraine. Mr. Schindler is right: if NATO means anything anymore, it must respond to this with something more than sanctions.

Originally posted on The XX Committee:

This week Vladimir Putin’s war on Ukraine became overt for all the world to see. Since February, Moscow waged a semi-covert campaign that I term Special War, with the initial aim of taking Crimea. This succeeded almost bloodlessly thanks to confusion in Kyiv. Over the past six months, inspired by Crimean success, Russian strategy has focused on creating and preserving Kremlin-controlled pseudo-states, the so-called Donetsk and Luhansk “People’s Republics,” which are in fact subsidiaries of Russian intelligence.

This, however, is a far more ambitious goal than the Crimean operation, and resistance has mounted. In recent weeks, Ukrainian efforts to retake territory around Donetsk and Luhansk in what Kyiv calls the anti-terrorist operation (ATO) have gained momentum, and this week Moscow sent troops across the border more or less openly since the alternative is the defeat and collapse of its proxies in southeast Ukraine. That Putin will not allow, and…

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‘The Arctic sea ice spiral of death seems to have reversed’

August 31, 2014

Phineas Fahrquar:

Yet another “inconvenient truth” for climate alarmists, in which Nature refuses to play along with their beloved computer models. In Warmist theology, the polar ice cap was supposed to vanish (ignore the fact that’s happened several times before). Yet here it is, growing. I wonder if this is related to the discovery of newborn glaciers in Scotland?

Originally posted on Watts Up With That?:

The headline is a quote by Dr. Judith Curry from a David Rose article in the Sunday Mail: Stunning satellite images show summer ice cap is thicker and covers 1.7million square kilometres MORE than 2 years ago…despite Al Gore’s prediction it would be ICE-FREE by now.

1409435267461_Image_galleryImage_polar1_JPG[1]

The speech by former US Vice-President Al Gore was apocalyptic. ‘The North Polar ice cap is falling off a cliff,’ he said. ‘It could be completely gone in summer in as little as seven years. Seven years from now.’

Those comments came in 2007 as Mr Gore accepted the Nobel Peace Prize for his campaigning on climate change.

But seven years after his warning, The Mail on Sunday can reveal that, far from vanishing, the Arctic ice cap has expanded for the second year in succession – with a surge, depending on how you measure it, of between 43 and 63 per cent since…

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Comforting: ISIS laptop found with bio-warfare manuals on it

August 29, 2014
"Still the JV?"

“Still the JV?”

Well, here’s a cheery something to think about over the holiday weekend: Foreign Policy reports that a laptop captured from ISIS last January, which the journal recently obtained, had hidden files on it that included works on how to make biological weapons:

But after hours upon hours of scrolling through the documents, it became clear that the ISIS laptop contains more than the typical propaganda and instruction manuals used by jihadists. The documents also suggest that the laptop’s owner was teaching himself about the use of biological weaponry, in preparation for a potential attack that would have shocked the world.

The information on the laptop makes clear that its owner is a Tunisian national named Muhammed S. who joined ISIS in Syria and who studied chemistry and physics at two universities in Tunisia’s northeast. Even more disturbing is how he planned to use that education: The ISIS laptop contains a 19-page document in Arabic on how to develop biological weapons and how to weaponize the bubonic plague from infected animals.

“The advantage of biological weapons is that they do not cost a lot of money, while the human casualties can be huge,” the document states.

The document includes instructions for how to test the weaponized disease safely, before it is used in a terrorist attack. “When the microbe is injected in small mice, the symptoms of the disease should start to appear within 24 hours,” the document says.

The laptop also includes a 26-page fatwa, or Islamic ruling, on the usage of weapons of mass destruction. “If Muslims cannot defeat the kafir [unbelievers] in a different way, it is permissible to use weapons of mass destruction,” states the fatwa by Saudi jihadi cleric Nasir al-Fahd, who is currently imprisoned in Saudi Arabia. “Even if it kills all of them and wipes them and their descendants off the face of the Earth.”

Well, thank Allah they have religious permission for their massacre-fantasies. I’d had to see them get into trouble for it.

The FP article reminds us that this isn’t the first time we’ve caught jihadist groups digging into the wonders of cheap WMDs: al Qaeda, of which ISIS is an offshoot, was infamous for its chemical and biological researches.

But what makes this unnerving is ISIS’s balls-to-the-wall dedication to jihad. Remember, this group was kicked out of al Qaeda for being too extreme. When added to that what seem to be incidents of ISIS supporters taking photos of landmarks here in the USA and indications they’re planning to exploit our porous southern border… Well, it’s enough to make one start pricing biohazard suits on Amazon.

And they wouldn’t have to carry a big bomb to wreak havoc, as a manual on the laptop helpfully explains:

“Use small grenades with the virus, and throw them in closed areas like metros, soccer stadiums, or entertainment centers,” the 19-page document on biological weapons advises. “Best to do it next to the air-conditioning. It also can be used during suicide operations.”

Good thing our president has a strategy to deal with ISIS. smiley worried


In which President Obama channels King Ethelred the Unready

August 29, 2014
King Ethelred the Unready

King Ethelred the Unready

An archaeologist friend once told me that the nickname for King Ethelred II of England, “the Unready,” loosely translated from the original Old English as “Ethelred the Without a Clue.”

Yesterday President Obama, constitutionally charged with the conduct of our foreign affairs and responsible for dealing with threats our people, admitted in a question dealing with the threat posed by the Islamic State (ISIS) that he, too, was without a clue:

(via Moe Lane)

Here’s Obama’s full statement, provided by CBS journalist Mark Knoller:

QUESTION: Do you need Congress’s approval to go into Syria?

OBAMA: You know, I have consulted with Congress throughout this process. I am confident that as commander in chief I have the authorities to engage in the acts that we are conducting currently. As our strategy develops, we will continue to consult with Congress, and I do think that it’ll be important for Congress to weigh in and we’re — that our consultations with Congress continue to develop so that the American people are part of the debate.

But I don’t want to put the cart before the horse. We don’t have a strategy yet. I think what I’ve seen in some of the news reports suggests that folks are getting a little further ahead of where we’re at than we currently are. And I think that’s not just my assessment, but the assessment of our military, as well. We need to make sure that we’ve got clear plans, that we’re developing them. At that point, I will consult with Congress and make sure that their voices are heard.

But there’s no point in me asking for action on the part of Congress before I know exactly what it is that is going to be required for us to get the job done.

In other words,

“In my haste to bug out of Iraq before it was ready to stand on its own, so I could really get down to gutting America’s military capabilities, we never considered the possibility that this group we’ve known about for the last two years could actually become a threat. My administration was totally caught with its pants down and we’ve have no idea whatsoever of what to do. But I’ll blather a lot to make it look like we’re doing something. Now, if you’ll excuse me, I’m late for tee-time.”

Mr. President, sir… Dude, we need to have a talk.

To mangle a phrase, “You had two jobs!” The first is to see that the laws passed by Congress are faithfully executed. We already know you don’t like to do that. The other is to see to the United States’ foreign national security interests in your role as commander in chief. We all know you don’t like that one, either. (Believe me, it shows.) You’re rotten at both.

But you’re still the president until January, 2017, and you could at least not make things worse. In other words, sir… (clears throat)…

YOU DON’T TELL THE ENEMY THAT YOU HAVE NO EFFING IDEA WHAT TO DO!!!

Pardon me for yelling.

ISIS is the enemy. They, like their progenitors in al Qaeda, have declared war on us, and they are noting everything you do or say, because they know you could squash them like the bugs they are — if you ever decided to do so. They have to take a possible American reaction into account, and that cognizance of a threat from us might restrain them, if even only a little bit.

Instead, you have just told them they have a free pass because the only thing you can think of is to stand there and, in effect, say “I dunno. What do you want to do?”

You had months and even years to come up with some plan for dealing with a resurgent jihadism in Iraq, and yet you did nothing. We left, Syria fell apart, then Iraq fell apart, and then maniacs carved off the head of an American, and…

You did nothing. You did nothing except issue meaningless statements and declare red lines that were nothing more than mirages, and now you’ve admitted to the world –including our enemies– that you don’t take threats to our interests seriously enough to bother coming up with plans before those threats explode.

Well, sir, you’re president for the next two years and five months, and you had better get your head in the game, because our enemies are coming for ours, figuratively and literally.

At the very least, don’t open your mouth and remove all doubt that you’re “Barack the Unready.”

 


California drivers brace for costly new global warming gas tax

August 29, 2014

Phineas Fahrquar:

This state has gone mad. We’re doing everything to drive prosperity away in pursuit of “progressive” fantasies.

Originally posted on Watts Up With That?:

Gasoline_taxNeal Kaye writes | Californians already pay the nation’s second highest gas tax at 68 cents a gallon — and now it will go up again in January to pay for a first-in-the-nation climate change law.

“I didn’t know that,” said Los Angeles motorist Tyler Rich. “It’s ridiculous.”

“I think it’s terrible,” added Lupe Sanchez, pumping $4.09-a-gallon gas at a Chevron near Santa Monica. “The economy, the way it is right now with jobs and everything, it’s just crazy.”

When gas prices go up, motorists typically blame oil companies, Arab sheiks and Wall Street speculators. This time they can blame Sacramento and former Gov. Arnold Schwarzenegger for passing a bill requiring California to reduce carbon emissions to 1990 levels by 2020.

http://www.foxnews.com/politics/2014/08/27/california-hidden-gas-tax/

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Some notes: gasoline in California will be subject to California’s Global Warming Solutions Act tax (Schwarzenegger signed AB 32 into law in 2006) which will boost the…

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(Video) Andrew Klavan on “How to speak Leftist”

August 28, 2014

This could be an important series:

I hope he does “fairness” next; I’ve been trying to figure for years just what the heck the other side is talking about when they use that word.

Via.


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