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<channel>
	<title>Jay Reding.com</title>
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	<link>http://jayreding.com</link>
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	<lastBuildDate>Fri, 26 Jun 2009 13:29:35 +0000</lastBuildDate>
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		<title>Capping Prosperity, Trading It For Poverty</title>
		<link>http://jayreding.com/archives/2009/06/26/capping-prosperity-trading-it-for-poverty/</link>
		<comments>http://jayreding.com/archives/2009/06/26/capping-prosperity-trading-it-for-poverty/#comments</comments>
		<pubDate>Fri, 26 Jun 2009 13:29:24 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Environmental Wackos]]></category>
		<category><![CDATA[Idiotarianism]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[cap and trade]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Democrats]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[environmentalism]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6268</guid>
		<description><![CDATA[As the media fixates on the death of Michael Jackson, Congress stands ready to enact the largest and most regressive tax hike in history in the guise of &#8220;cap-and-trade.&#8221; Jim Lindgren explains why this bill is so dangerous:
The cap-and-trade bill, if passed by the Senate and actually implemented over the next few decades, would do [...]]]></description>
			<content:encoded><![CDATA[<p>As the media fixates on the death of Michael Jackson, <a href="http://www.volokh.com/archives/archive_2009_06_21-2009_06_27.shtml#1245995607">Congress stands ready to enact the largest and most regressive tax hike in history</a> in the guise of &#8220;cap-and-trade.&#8221; Jim Lindgren explains why this bill is so dangerous:</p>
<blockquote><p>The cap-and-trade bill, if passed by the Senate and actually implemented over the next few decades, would do more damage to the country than any economic legislation passed in at least 100 years. It would eventually send most American manufacturing jobs overseas, reduce American competitiveness, and make Americans much poorer than they would have been without it.</p>
<p>The cap-and-trade bill will have little, if any, positive effect on the environment — in part because the countries that would take jobs from US industries tend to be bigger polluters. By making the US — and the world — poorer, it would probably reduce the world&#8217;s ability to develop technologies that might solve its environmental problems in the future.</p>
</blockquote>
<p>Cap-and-trade is a joke&mdash;it is a policy that <a href="http://news.yahoo.com/s/ibd/20090608/bs_ibd_ibd/20090608general">has already failed in Europe</a> and in virtually guaranteed to fail here in the United States. By giving in to the demands of radical environmentalists, Congress is preparing to take our current recession and plunge it into depression.</p>
<p>As the media focuses once again on celebrity, the advent of the next Great Depression comes closer. Cap-and-trade is terrible policy enacted for foolish reasons, and we will all pay the price for it if we allow it to pass.</p>
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		<title>ABC &#8211; State-Run Television</title>
		<link>http://jayreding.com/archives/2009/06/24/abc-state-run-television/</link>
		<comments>http://jayreding.com/archives/2009/06/24/abc-state-run-television/#comments</comments>
		<pubDate>Wed, 24 Jun 2009 13:43:55 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Idiotarianism]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[ABC]]></category>
		<category><![CDATA[health care]]></category>
		<category><![CDATA[media bias]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[propaganda]]></category>
		<category><![CDATA[TV]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6265</guid>
		<description><![CDATA[Sheldon Alberts has a good editorial on ABC&#8217;s decision to become a propaganda organ for the White House tonight:
At the president&#8217;s invitation, ABC News anchors Charlie Gibson and Diane Sawyer will host a prime time  town hall-style meeting  from the White House during which Obama &#8211; and Obama alone &#8211; will answer audience [...]]]></description>
			<content:encoded><![CDATA[<p>Sheldon Alberts has a good editorial on <a href="http://network.nationalpost.com/np/blogs/fullcomment/archive/2009/06/23/sheldon-alberts-no-room-for-republicans-on-all-obama-u-s-networks.aspx">ABC&#8217;s decision to become a propaganda organ for the White House tonight</a>:</p>
<blockquote><p>At the president&#8217;s invitation, ABC News anchors Charlie Gibson and Diane Sawyer will host a prime time  town hall-style meeting  from the White House during which Obama &#8211; and Obama alone &#8211; will answer audience and viewers&#8217; questions about efforts to cover 50 million Americans without health care insurance.</p>
<p>Talk about a bully pulpit for Obama to sell his proposal for the creation of a government-run public health insurance plan.<br />
ABC News&#8217; packaging of the health care special also includes a Good Morning America &#8220;exclusive&#8221; interview with the President on Wednesday morning, a live broadcast of ABC World News from the White House, a full edition of ABC&#8217;s Nightline devoted to the issue, an ABC News webcast and an ABC Radio special.</p>
</blockquote>
<p>ABC is essentially become a journalistic whore&mdash;giving away their credibility in favor of access to their master&#8217;s house. Tonight&#8217;s programming will be little more than propaganda, despite ABC&#8217;s weak promises that they&#8217;ll be critical of Obama&#8217;s plans, they have not given any airtime for any dissenting voices to Obama&#8217;s attempts to &#8220;reform&#8221; health care.</p>
<p>In short, ABC has decided to become a political propaganda network for the White House. Not only is this blatantly against the &#8220;watchdog&#8221; role of the press, it also <a href="http://www.spj.org/ethicscode.asp">violates the Society of Professional Journalists&#8217; Code of Ethics</a>. That Code requires journalists to &#8220;[a]void conflicts of interest, real or perceived.&#8221; Here, ABC is trading objectivity for access, but even if they are not, the fact that not a single voice will be given time is more than enough to &#8220;perceive&#8221; a conflict of interest. The Code demands that journalists &#8220;[r]efuse gifts, favors, fees, free travel and special treatment, and shun secondary employment, political involvement, public office and service in community organizations if they compromise journalistic integrity.&#8221; Here, ABC is compromising their journalistic integrity in order to curry favor with the Obama White House and gain access to the administration. One could go one, but the point has been made: what ABC is doing is a violation of professional ethics.</p>
<p>It is ironic that a party that has called for a &#8220;fairness doctrine&#8221; to promote &#8220;balance&#8221; on the airwaves and <a href="http://www.dkosopedia.com/wiki/Fox_News">criticizes other networks for being &#8220;biased&#8221;</a> seems to be silent as ABC refuses to give equal time. It only exposes the hypocrisy of those who would censor talk radio to prevent dissenting voices from having a bully pulpit.</p>
<p>This sort of thing should not happen in a free society: and that this is not the product of government coercion is even more distressing. It is one thing to become a slavish propaganda organ for the ruling clique at the barrel of a gun&mdash;but that ABC will prostrate themselves of their own volition is even more disgusting.</p>
<p>ABC has no objectivity. They have allowed themselves to become an uncritical propaganda organ for the Obama Administration and should be treated with the same critical eye as one would treat any other state-run propaganda outlet.</p>
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		<title>A Time For Solidarity</title>
		<link>http://jayreding.com/archives/2009/06/19/a-time-for-solidarity/</link>
		<comments>http://jayreding.com/archives/2009/06/19/a-time-for-solidarity/#comments</comments>
		<pubDate>Fri, 19 Jun 2009 14:41:40 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Iran]]></category>
		<category><![CDATA[democracy]]></category>
		<category><![CDATA[Green Revolution]]></category>
		<category><![CDATA[Mousavi]]></category>
		<category><![CDATA[Obama]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6245</guid>
		<description><![CDATA[David Ignatius has an excellent column on why the revolution in Iran is so important, and why President Obama should stand up and show solidarity with the Iranian people:
President Obama was right to speak carefully about the events in Iran during the first week of protest. But it&#8217;s time for him to express his solidarity [...]]]></description>
			<content:encoded><![CDATA[<p>David Ignatius has <a href="http://www.realclearpolitics.com/articles/2009/06/19/this_is_for_real_97060.html">an excellent column on why the revolution in Iran is so important</a>, and why President Obama should stand up and show solidarity with the Iranian people:</p>
<blockquote><p>President Obama was right to speak carefully about the events in Iran during the first week of protest. But it&#8217;s time for him to express his solidarity with the Iranians who are so bravely taking to the streets each day. He can do that without seeming to meddle if he chooses his words wisely.</p>
<p>Obama should invoke the Iranian yearning for justice &#8212; which was a powerful theme of the revolution. He should cite Iran&#8217;s own rich history of political reform, going back to Cyrus the Great, whose declaration of human rights was chiseled in the Cyrus Cylinder in 539 B.C. He should cite the Iranian constitution of 1906, which established elections and basic freedoms. Democracy is not an American imposition but an Iranian tradition.</p>
<p>&#8220;We clearly have to be on the right side of history here,&#8221; says Karim Sadjadpour of the Carnegie Endowment and an informal adviser to the White House. But he cautions that &#8220;if we try to insert ourselves into the momentous internal Iranian drama that&#8217;s unfolding, we may unwittingly undermine those whom we&#8217;re trying to strengthen.&#8221;</p>
</blockquote>
<p>President Obama&#8217;s unwillingness to make a statement of solidarity is puzzling. Direct intervention would be a very bad idea, but the myth that <em>any</em> act of official support would harm the pro-democracy movement seem wrong. For one, the idea that the Iranian people actually still care about the overthrow of Mossadegh seems unlikely: Iran is a country where most the population was born after the <em>1979</em> revolution: Mossadegh is ancient history. Secondly, Obama has <em>already</em> &#8220;meddled&#8221; by <a href="http://www.guardian.co.uk/world/2009/jun/17/obama-iran-twitter">requesting the Twitter delay maintenance to allow Iranian dissidents to communicate</a>&mdash;a move that undoubtedly helped the Iranian resistance.</p>
<p>This is a time for solidarity. The free people of the world cannot turn a blind eye to the oppression that is harming the Iranian people&mdash;especially as the Khameini/Ahmadinejad regime tries to crack down on the protesters.</p>
<p>The people of Iran are risking their lives for the cause of freedom. As human beings, we cannot ignore their pleas. The very least the American government can do is put its moral authority into pressuring the Iranian government to avoid bloodshed. President Obama has, undoubtedly, a massive amount of political capital on the world stage. He should use it and he should make it clear that while the United States will not intervene unless asked, that we are with those who seek individual rights and human dignity anywhere they may be.</p>
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		<title>History Repeating Itself As Tragedy</title>
		<link>http://jayreding.com/archives/2009/06/17/history-repeating-itself-as-tragedy/</link>
		<comments>http://jayreding.com/archives/2009/06/17/history-repeating-itself-as-tragedy/#comments</comments>
		<pubDate>Wed, 17 Jun 2009 22:08:07 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Iran]]></category>
		<category><![CDATA[Ahmadinejad]]></category>
		<category><![CDATA[democracy]]></category>
		<category><![CDATA[freedom]]></category>
		<category><![CDATA[Green Revolution]]></category>
		<category><![CDATA[Mousavi]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6240</guid>
		<description><![CDATA[Will Collier notes that Obama is acting like Jimmy Carter in 1979:
Rather than offering any crumbs of support to the Iranians who are literally putting their lives on the line for their own freedom, Barack Obama could only manage &#8220;deep concerns.&#8221; In Obamaland, it&#8217;s not as important to offer even moral support to people trying [...]]]></description>
			<content:encoded><![CDATA[<p>Will Collier notes that <a href="http://wcollier.blogspot.com/2009/06/welcome-back-carter.html">Obama is acting like Jimmy Carter in 1979</a>:</p>
<blockquote><p>Rather than offering any crumbs of support to the Iranians who are literally putting their lives on the line for their own freedom, Barack Obama could only manage &#8220;deep concerns.&#8221; In Obamaland, it&#8217;s not as important to offer even moral support to people trying to shake off the yoke of a barbaric dictatorship as it is to not appear to be &#8220;meddling.&#8221;</p>
<p>This all sounds quite familiar, and everyone over 30 has seen it before. Did somebody replace the &#8220;community activist&#8221; with a self-righteous peanut farmer while we weren&#8217;t looking?</p>
<p>The fantasy that &#8220;moderates&#8221; within the mullah regime can be coaxed into a &#8220;grand bargain&#8221; has taken in better men than Barack Obama, but Obama doesn&#8217;t even have the excuse of not being aware of that prior history. The level of self-loathing an American has to possess to believe that the Khomeinists are a brutal, terror-supporting regime entirely because the US hasn&#8217;t been nice enough to them is pretty staggering.</p>
</blockquote>
<p>President Obama is laboring under the entirely mistaken premise that because the U.S. overthrew the Mossadegh regime 30 years before most Iranians were even born, that someone we have no legitimacy in the region. That assumption is pure garbagemdash;Obama unquestionably has great power to at the very least show solidarity to the Iranian people. Even <a href="http://gatewaypundit.blogspot.com/2009/06/canada-joins-sarkozy-condemns-evil.html">French President Nicolas Sarkozy felt free to uncategorically condemn Iranian brutality</a>.</p>
<p>When the French are showing far more spine than you are, it&#8217;s a sure sign you&#8217;re on the wrong side of the issue.</p>
<p>President Obama is wasting his capital in the Middle East by sitting on the sidelines. The idea that a U.S. show of support would hurt the Green Revolutionaries in Iran is a myth. President Bush openly showed support for the March 14th protesters in Lebanon seeking to end the Syrian occupation of their country. Despite President Bush&#8217;s low standing in the region, that call did not hurt the Lebanese people&#8217;s cause. Why in the world does Obama think that joining the chorus of world leaders will hurt?</p>
<p>Collier seems correctmdash;Obama shares in the worldview of placing blame on the United States. He is unwilling to use America&#8217;s capital because he doesn&#8217;t believe in it. He quite literally blames America for the situation rather than seeing the United States as a force that could put its weight behind the crucial cause of freedom in Iran.</p>
<p>John Podhoretz makes the controversial, but compelling argument <a href="http://www.commentarymagazine.com/blogs/index.php/jpodhoretz/70151">that Obama&#8217;s interests are best served by an Ahmadinejad win</a>. Given that Obama has been taking steps towards deacute;tente with the Iranians and the subtle legitimization of the Ahmadinejad/Khameini regime, having that regime suddenly lose all legitimacy undercuts all of that work and makes Obama look like a fool. Obama&#8217;s interests are in a swift return to &#8220;normalcy&#8221; rather than a messy revolution and a nascent Iranian democracymdash;that reeks too much of George W. Bush for the Obama foreign policy team to take.</p>
<p>A show of solidarity is not &#8220;meddling&#8221;, especially when the rest of the world has made their position clear. Obama is showing no leadership on that issue, as the Iranian people are inspiring with their bravery. If ever there was a time when &#8220;hope&#8221; and &#8220;change&#8221; were needed by a people, the Iranians need it now. Too bad that on this issue Barack Obama is one again voting &#8220;present&#8221;.</p>
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		<title>Iran In The Flames Of Revolution</title>
		<link>http://jayreding.com/archives/2009/06/15/iran-in-the-flames-of-revolution/</link>
		<comments>http://jayreding.com/archives/2009/06/15/iran-in-the-flames-of-revolution/#comments</comments>
		<pubDate>Mon, 15 Jun 2009 20:42:58 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Iran]]></category>
		<category><![CDATA[Ahmadinejad]]></category>
		<category><![CDATA[democracy]]></category>
		<category><![CDATA[elections]]></category>
		<category><![CDATA[Middle East]]></category>
		<category><![CDATA[Mousavi]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6230</guid>
		<description><![CDATA[Right now, the people of Iran are engaged in a struggle against tyranny. The Ahmadinejad regime, flagrantly stealing an election, is now on the razor&#8217;s edge as hundreds of thousands take the streets to protest the regime and call for democratic reform.
Michael J. Totten, already a veteran observer of Middle Eastern affairs has some trenchant [...]]]></description>
			<content:encoded><![CDATA[<p>Right now, the people of Iran are engaged in a struggle against tyranny. The Ahmadinejad regime, flagrantly stealing an election, is now on the razor&#8217;s edge as hundreds of thousands take the streets to protest the regime and call for democratic reform.</p>
<p>Michael J. Totten, already a veteran observer of Middle Eastern affairs <a href="http://www.michaeltotten.com/archives/2009/06/an-enemy-of-the.php">has some trenchant commentary on the brewing revolution in Iran</a>. He calls the Iranian regime &#8220;an enemy of the entire world.&#8221; That&#8217;s no hyperbole: the regime in Tehran is illegitimate and oppressive. The Iranian people deserve better. They deserve to have a government that exists for the betterment of the people, not a government that keeps them impoverished and isolated from the rest of the world.</p>
<p>This revolution is being carried live on <a href="http://twitter.com/">Twitter</a>, as that seems to be the most reliable communications method for the Iranian people right now. What is amazing about this revolution is that it is the first Web 2.0 revolution. Social networking sites like Twitter, YouTube, and others are serving as avenues for communication and coordination, and brave Iranian dissidents are breaking through the regime&#8217;s efforts to stifle their voices.</p>
<p>This is a fight for the future of Iran. The Ahmadinejad/Khameini regime can only survive by force, they have lost the Iranian people. This will end in one of two ways: in a new Iran, or in blood.</p>
<p>I pray that this ends with a new and free Iran. I wish the Iranian people strength in these coming days, and I stand in solidarity with the people of Iran.</p>
<p>The Ahmadinejad regime must go. As the cry goes out in Tehran&mdash;<em>Allahu akbar! Death to dictators!</em>.</p>
<div class="center"><a href="http://jayreding.com/wp-content/uploads/2009/06/610x.jpg" class="thickbox"><img src="http://jayreding.com/wp-content/uploads/2009/06/610x-300x185.jpg" alt="Iranian Protesters in Azadi Square" title="Iranian Protesters in Azadi Square" width="300" height="185" class="alignnone size-medium wp-image-6232 thickbox" rel="lightbox" /></a></div>
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		<title>The Decline of TV Political News</title>
		<link>http://jayreding.com/archives/2009/06/09/the-decilne-of-tv-political-news/</link>
		<comments>http://jayreding.com/archives/2009/06/09/the-decilne-of-tv-political-news/#comments</comments>
		<pubDate>Tue, 09 Jun 2009 13:54:43 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Rants]]></category>
		<category><![CDATA[Fox News]]></category>
		<category><![CDATA[hardball]]></category>
		<category><![CDATA[media bias]]></category>
		<category><![CDATA[MSNBC]]></category>
		<category><![CDATA[news]]></category>
		<category><![CDATA[television]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6228</guid>
		<description><![CDATA[Stuart Rothenberg, one of the nation&#8217;s preeminent pollsters has a scathing indictment of the current state of TV political coverage. Rather than providing an opportunity for viewers to get a wide range of opinions, TV political coverage is now largely about attracting the most rabid partisans:
Chris Matthews is a smart, politically astute observer of politics, [...]]]></description>
			<content:encoded><![CDATA[<p>Stuart Rothenberg, one of the nation&#8217;s preeminent pollsters <a href="http://www.realclearpolitics.com/articles/2009/06/09/_its_time_to_change_the_tone_of_our_politics_coverage_96893.html">has a scathing indictment of the current state of TV political coverage</a>. Rather than providing an opportunity for viewers to get a wide range of opinions, TV political coverage is now largely about attracting the most rabid partisans:</p>
<blockquote><p>Chris Matthews is a smart, politically astute observer of politics, but my last appearance convinced me that &#8220;Hardball&#8221; has evolved from a straight political news program with quality guests to one that has more in common with its network&#8217;s prime-time slant. Like most of the evening programming on MSNBC and the Fox News Channel, &#8220;Hardball&#8221; has become a partisan, heavily ideological sledgehammer clearly intended to beat up one party and one point of view.</p>
<p>During the show on which I appeared, Matthews referred more than once to Republicans as &#8220;Luddites&#8221; and took every opportunity imaginable to portray them as crackpots. The show&#8217;s topics inevitably pander to the most liberal Democratic viewers and present Republicans and conservatives in the least flattering of terms.</p>
<p>I don&#8217;t mean to single out Matthews for criticism because he actually understands politics and I believe that he would prefer to do a serious political show. Keith Olbermann, Rachel Maddow and the newest addition to MSNBC&#8217;s unfortunate lineup, Ed Schultz, are far worse than &#8220;Hardball.&#8221;</p>
</blockquote>
<p>The reality is that TV news is based around appealing to the lowest common denominator&mdash;and there are a dwindling number of worthwhile TV news programs available. For example, while FOX is famous for the blowhards Bill O&#8217;Reilly and Sean Hannity, they do have some very good straight political coverage and Brit Hume&#8217;s nightly show was one of the best in the industry. However, their bread-and-butter was in &#8220;opinion journalism&#8221; (an oxymoron if ever there was one). FOX had good political coverage, and for all their supposed conservative bias they did a good job of reporting on serious matters as well.</p>
<p>MSNBC, however, decided to become a cargo-cult version of FOX News with a leftward tilt. They managed to find an ego as big as Bill O&#8217;Reilly&#8217;s with an even bigger chip on his shoulder in the form of Keith Olbermann. Olbermann has all the tact and grace of a rabid pit-bull that just ate PCP-laced dog food. In his world, Republicans make Nazis look like Boy Scouts&mdash;making him unwatchable by anyone who doesn&#8217;t share a similarly rabid worldview. The execrable Ed Schultz and Rachel Maddow are in a similar vein.</p>
<p>Sadly, there just doesn&#8217;t seem to be an appetite for hard news on TV these days&mdash;if you want to be informed about the world, you use the Internet and get the facts for yourself. Right now, TV news is used in the same way a drunk uses a lamppost&mdash;for support rather than illumination.</p>
<p>Perhaps if Chris Matthews had declined to allow himself to be prostituted out to MSNBC&#8217;s brand of acid-drenched partisanship it would have saved <cite>Hardball</cite> from becoming a mockery of itself. If more journalists wanted to report the facts rather than spin them the state of TV journalism would be better. However, that would require some serious intellectual diversity, and journalism in general is a monoculture. FOX has done yeoman&#8217;s work in allowing a different perspective to have a voice, but it&#8217;s set a standard for valuing kneejerk &#8220;opinion&#8221; over strong journalism. The rest of the TV networks are copying the worst of that model.</p>
<p>TV news networks are hemorrhaging viewers, and given this race to the bottom, it&#8217;s not hard to understand why.</p>
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		<title>Analyzing The Sotomayor Supreme Court Nomination</title>
		<link>http://jayreding.com/archives/2009/05/26/analyzing-the-sotomayor-supreme-court-nomination/</link>
		<comments>http://jayreding.com/archives/2009/05/26/analyzing-the-sotomayor-supreme-court-nomination/#comments</comments>
		<pubDate>Tue, 26 May 2009 16:53:20 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[The Law]]></category>
		<category><![CDATA[judiciary]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[nominations]]></category>
		<category><![CDATA[Sotomayor]]></category>
		<category><![CDATA[Supreme Court]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6226</guid>
		<description><![CDATA[President Obama has picked Judge Sonia Sotomayor of the Second Circuit as his nominee to replace David Souter as Associate Justice of the United States Supreme Court. Judge Sotomayor was considered the front-runner for the spot, along with Judge Diane Wood, Homeland Security Secretary Janet Napolitano, and Solicitor General Elena Kagan.
Ilya Somin has a detailed [...]]]></description>
			<content:encoded><![CDATA[<p>President Obama <a href="http://www.cnn.com/2009/POLITICS/05/26/supreme.court/index.html">has picked Judge Sonia Sotomayor of the Second Circuit</a> as his nominee to replace David Souter as Associate Justice of the United States Supreme Court. Judge Sotomayor was considered the front-runner for the spot, along with Judge Diane Wood, Homeland Security Secretary Janet Napolitano, and Solicitor General Elena Kagan.</p>
<p><a href="http://volokh.com/archives/archive_2009_05_24-2009_05_30.shtml#1243346531">Ilya Somin has a detailed critique of Judge Sotomayor&#8217;s record</a> and finds her minimally qualified. As he puts it:</p>
<blockquote><p>&hellip;[H]er record is far less impressive than that of most other recent nominees, such as Roberts, Alito, Breyer, and Ginsburg. Each of these was a far more prominent and better-respected jurist than Sotomayor, and Breyer and Ginsburg were leaders in the development of their respective fields of law. Sotomayor also seems far less impressive than Diane Wood and Elena Kagan, reputedly her top rivals for this nomination. The current nominee&#8217;s qualifications are likely better than Harriet Miers&#8217; were; but Miers&#8217; nomination failed in large part because of her relatively weak resume. Among the current justices, probably only David Souter and Clarence Thomas had professional qualifications similar to or worse than Sotomayor&#8217;s.</p>
</blockquote>
<p>It would be hard to find a <em>less</em> qualified nominee than Harriet Miers, but Sotomayor does not strike me as a strong candidate. She is, to be sure, qualified for the position, but a seat on the Supreme Court is the pinnacle of the American legal profession. The Supreme Court has housed some of the greatest minds in the practice: Oliver Wendell Holmes, Felix Frankfurter, Hugo Black, Robert Jackson, and even the current Court has incredibly talented judges such as Stephen Breyer (on the &#8220;left&#8221;) and Antonin Scalia (on the &#8220;right&#8221;). Does Sotomayor match up with those legal minds? Her record, at least on a cursory glance seems to suggest not.</p>
<p>Judge Sotomayor is not widely considered to be an expert or leading light on a particular field of law, as Stephen Breyer was in administrative law. She has not shown the intellectual caliber of someone like Antonin Scalia or Ruth Bader Ginsberg. Instead, she seems to have been picked because she is a female Hispanic with an interesting life story that meets the basic qualifications.</p>
<p>Now, that is not to say that Judge Sotomayor is an intellectual lightweight&mdash;generally one does not get nominated for a Circuit Court of Appeals or even graduate from a top-tier law school without possessing a strong intellect. Moreover, Judge Sotomayor is no less qualified than the Justice she is replacing&mdash;which is damnation by faint praise given that David Souter was the least intellectually gifted and least competent member of the Court.</p>
<p>It should not be surprising that Obama picked a left-wing candidate. That part was a given. President Obama was not going to pick out a candidate more conservative than the decidedly liberal Justice Souter. Her personal ideology should not be at issue: Justices Breyer and Ginsberg were both strongly liberal judges, but were well-qualified nominees whose nominations were consented to by the Senate in a bipartisan manner.</p>
<p>However, as Prof. Somin adeptly points out, her judicial philosophy is a legitimate reason for combatting her nomination:</p>
<blockquote><p>I am also not favorably impressed with her notorious statement that <a href="http://volokh.com/posts/1242399411.shtml">&#8220;a wise Latina woman with the richness of her experiences would more often than not reach a better conclusion than a white male who hasn&#8217;t lived that life.&#8221;</a> Not only is it objectionable in and of itself, it also suggests that <a href="http://www.nationaljournal.com/njmagazine/or_20090523_2724.php">Sotomayor is a committed believer in the identity politics school of left-wing thought</a>. Worse, it implies that she believes that it is legitimate for judges to base decisions in part on their ethnic or racial origins.</p>
</blockquote>
<p>The role of a judge is to <em>dispassionately</em> and <em>fairly</em> apply the law without preference or bias. It remains an open question whether Judge Sotomayor will follow the law or undermine the rule of law by giving preference to those based on gender, race, class, or her own personal feelings. If it is the case that she will, respect for the rule of law demands that the Senate refuse to consent to her nomination.</p>
<p>Judge Sotomayor was not the worst pick that President Obama could have made (Secretary Napolitano was the least qualified of the four contenders), but Judge Sotomayor was not as qualified as Judge Wood or Elena Kagan. However, politically, Sotomayor may be the more confirmable.</p>
<p>In the end, President Obama could have picked a legal heavyweight&mdash;but instead he picked someone based largely on personal rather than judicial qualities. Judge Sotomayor may be qualified to sit on the Court, but it is unlikely that she will be one of its brightest stars. Given that she is replacing the execrable Justice Souter, it is hard to see her being any worse. Still, there are liberal candidates, and liberal female candidates that President Obama could have nominated that would be stronger picks for the Court. It is likely that Judge Sotomayor will be confirmed, and probably on a bipartisan basis, but she is not the kind of distinguished jurist that will make a strong contribution to American jurisprudence. She will, however, be a reliably liberal vote on the Court, which seems to be President Obama&#8217;s primary criterion for picking a nominee.</p>
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		<title>Liar, Liar, Pantsuit On Fire</title>
		<link>http://jayreding.com/archives/2009/05/15/liar-liar-pantsuit-on-fire/</link>
		<comments>http://jayreding.com/archives/2009/05/15/liar-liar-pantsuit-on-fire/#comments</comments>
		<pubDate>Fri, 15 May 2009 17:15:09 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Idiotarianism]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[War On Terror]]></category>
		<category><![CDATA[Democrats]]></category>
		<category><![CDATA[lie]]></category>
		<category><![CDATA[Pelosi]]></category>
		<category><![CDATA[torture]]></category>
		<category><![CDATA[waterboarding]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6223</guid>
		<description><![CDATA[Charles Krauthammer has a typically great column on the ongoing debate over &#8220;torture&#8221; after Nancy Pelosi&#8217;s denial that she knew anything about waterboarding. Pelosi, assuming that the liberal press would cover for her, has now gotten caught up in a web of her own lies. So much so that the press has the scent of [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/05/14/AR2009051403603.html">Charles Krauthammer has a typically great column on the ongoing debate over &#8220;torture&#8221;</a> after Nancy Pelosi&#8217;s denial that she knew anything about waterboarding. Pelosi, assuming that the liberal press would cover for her, has now gotten caught up in a web of her own lies. So much so that the press has the scent of blood in the water:</p>
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<p>Rep. Pelosi has ended up making a laughingstock of herself&mdash;her desperate attempts to backpedal from her own words are Clintonian in audacity without the skill of Slick Willy. Even the mainstream press has caught on.</p>
<p>Krauthammer puts the political impact of all this succinctly:</p>
<blockquote><p>The reason Pelosi raised no objection to waterboarding at the time, the reason the American people (who by 2004 knew what was going on) strongly reelected the man who ordered these interrogations, is not because she and the rest of the American people suffered a years-long moral psychosis from which they have just now awoken. It is because at that time they were aware of the existing conditions &#8212; our blindness to al-Qaeda&#8217;s plans, the urgency of the threat, the magnitude of the suffering that might be caused by a second 9/11, the likelihood that the interrogation would extract intelligence that President Obama&#8217;s own director of national intelligence now tells us was indeed &#8220;high-value information&#8221; &#8212; and concluded that on balance it was a reasonable response to a terrible threat.</p>
<p>And they were right.</p>
</blockquote>
<p>In the end, that&#8217;s correct. The &#8220;torture&#8221; issue will never have legs because the average American doesn&#8217;t share the sense of moral outrage that some have over that issue. In war, bad things happen. People get killed. Killing is a moral wrong, yet it is part of the nature of warfare. In the same vein, a practice like waterboarding may be credibly called torture, and torture is a moral wrong. Yet it is also a part of war. Pelosi doesn&#8217;t care about the morality of torture, she wants to score political points for partisan reasons. Some have a legitimate, rational, and moral objection to these practices, but they are a distinct minority.</p>
<p>In the end, Pelosi&#8217;s dissembling masks the real issue here. Waterboarding someone who was directly responsible for the inhuman September 11 atrocity is morally and politically different than the mistreatment of detainees. The abuses of Abu Ghraib and others are examples of acts that harm America&#8217;s reputation and dishonor our military. Yet the focus is not on those acts, but on the waterboarding issue. Were this a moral rather than a political issue, detainee abuse would be placed in its full context, rather than being used as a truncheon against the Bush Administration.</p>
<p>Pelosi&#8217;s lies are political in nature, just like this whole attempt at a partisan witch-hunt. Even for those who legitimately and truly oppose torture, tying their wagons to such a despicably partisan crusade only undercuts the seriousness of their position. If the anti-torture campaign will be spearheaded by outright liars like Rep. Pelosi, it will never be taken seriously.</p>
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		<title>Passing Blame To The Wrong Party</title>
		<link>http://jayreding.com/archives/2009/05/15/passing-blame-to-the-wrong-party/</link>
		<comments>http://jayreding.com/archives/2009/05/15/passing-blame-to-the-wrong-party/#comments</comments>
		<pubDate>Fri, 15 May 2009 16:06:45 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[International Relations]]></category>
		<category><![CDATA[Political Philosophy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[conservatism]]></category>
		<category><![CDATA[foreign policy]]></category>
		<category><![CDATA[GOP]]></category>
		<category><![CDATA[Iraq]]></category>
		<category><![CDATA[Obama]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6221</guid>
		<description><![CDATA[Daniel Larison, of the paleo-con American Conservative takes a look at the woes of the GOP and the conservative movement and puts the blame on national-security conservatives.
It wasn&#8217;t that the Bush Administration went on an orgy of spending that made a mockery of conservative principles, or that social conservatives had a message that tended to [...]]]></description>
			<content:encoded><![CDATA[<p>Daniel Larison, of the paleo-con <cite>American Conservative</cite> takes a look at the woes of the GOP and the conservative movement and <a href="http://www.theweek.com/article/index/96536/Who_lost_conservatism">puts the blame on national-security conservatives</a>.</p>
<p>It wasn&#8217;t that the Bush Administration went on an orgy of spending that made a mockery of conservative principles, or that social conservatives had a message that tended to alienate rather than include, it&#8217;s that the the strong national security message of the GOP caused them to lose:</p>
<blockquote><p>Like their short-sighted cheerleading for a “surge” in Iraq, which failed on its own terms, and their subsequent carping this year that the Pentagon budget increase is too small, the mainstream right’s apologies for torture are not only morally bankrupt but also divorced from the reality of the intelligence, or lack thereof, these methods provided.  Much as liberals needed their internal critics to challenge the welfare status quo over the last three decades, conservatism desperately needs similar internal dissent concerning the warfare state. But there is almost none.</p>
<p>One reason for the lack of dissent and accountability is that the majority of the GOP was deeply implicated in supporting and defending the war in Iraq, the signature failure of national security conservatives.  To a large extent, the party has defined itself around the ideological fictions used to justify and continue the war long after the country had turned against it. This process was aided by the disappearance of antiwar Republicans in Congress. Never numerous in the first place, most have been replaced by Democrats during the past two cycles.</p>
</blockquote>
<p>Now, this argument is wrong, but it isn&#8217;t fundamentally wrong. It is wrong on the facts. The surge did work, it worked better than had been expected, and as a testament to how well it worked, the Obama Administration has not disavowed it. President Obama, were the Iraq issue as toxic as it is claimed, could have withdrawn all U.S. troops ASAP. Instead, Obama&#8217;s war strategy is not that much different than what a President McCain&#8217;s strategy would have been&mdash;a gradual and conditional withdrawal over the next year to two years. Moreover, the Obama Administration is hardly rejecting the idea of a hawkish foreign policy. During the debates, Obama needled McCain about getting bin Laden. Hardly the act of someone who wants to push for a more restrained war. Obama has been sending more drones into Pakistan, even though such actions may be dangerous. Rather than de-escalation, Obama plans to put more troops into Afghanistan and has signaled a muscular U.S. foreign policy.</p>
<p>The truth of the matter is, doves don&#8217;t win elections in the U.S. Muscular foreign policy is widely accepted by both political parties in the United States. The idea that the GOP lost because they embraced &#8220;hegemony&#8221; is something only someone inside the intellectual bubble of academia could take seriously.</p>
<p>Moreover, Larison divides the GOP into three wings: social, fiscal, and national security conservatives. The reality is that both social and fiscal conservatives also tend to be national security conservatives. There isn&#8217;t a separate wing of conservatives that believe in a strong national defense but not social issues or fiscal ones. Rather, both socially-minded and fiscally-minded conservatives tend to be interested in national security issues. That&#8217;s why it&#8217;s not that surprising that <a href="http://www.cnn.com/2009/US/04/30/religion.torture/">Evangelicals tend to be supportive of &#8220;torture&#8221; against suspected terrorists</a>&mdash;there is no hard and fast line between social conservatives and national security conservatives. The Reagan coalition was largely built around national security issues, and a strong national defense has been one of the common issues shared by a vast majority of Republicans and conservatives.</p>
<p>There is, however, an element of truth here as well. The GOP lost in large part due to the war in Iraq, a war that was never convincingly explained by the President and suffered from poor management from 2003&ndash;07. The &#8220;surge&#8221; was the product of the Administration finally listening to the people fighting the war rather than dictating from the top down. President Bush never convincingly explained why we were in Iraq so long and why the sacrifice of American blood and treasure was worth it. There was truth in the adage that we were &#8220;fighting them over there rather than over here,&#8221; but that logic was never followed through.</p>
<p>The GOP has many problems, but &#8220;interventionist&#8221; foreign policy is not one of them. The Obama Administration continues to play lip service to the idea of a more &#8220;humble&#8221; foreign policy while still engaging in interventions abroad. Isolationism has not played a major role in U.S. politics since the end of World War II, and for good reason. America&#8217;s superpower status demands world leadership, and we can&#8217;t have one without the other. If the GOP becomes a policy that abrogates its positions on a muscular U.S. foreign policy, they will lose. While Iraq hurt the GOP in 2006 and 2008, the GOP&#8217;s foreign policy positions helped re-elect President Bush in 2004 when Kerry&#8217;s weakness on national security proved to be fatal.</p>
<p>The real lesson here is that if you&#8217;re going to fight a war, fight it well and keep the American people fully engaged in the conflict. To argue that the lesson conservatives should learn from the last election cycles is to abandon a deeply-held and popular principle of conservatism and embrace a discredited and dangerous isolationism is to learn exactly the wrong lesson.</p>
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		<title>Obama&#8217;s Anti-Energy Policy</title>
		<link>http://jayreding.com/archives/2009/05/04/obamas-anti-energy-policy/</link>
		<comments>http://jayreding.com/archives/2009/05/04/obamas-anti-energy-policy/#comments</comments>
		<pubDate>Mon, 04 May 2009 12:53:09 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Environmental Wackos]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[gas]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[power]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6219</guid>
		<description><![CDATA[Robert Samuelson has a great piece on President Obama&#8217;s counterproductive bias against domestic oil and gas production in favor of unrealistic &#8220;green&#8221; jobs:
In 2007, wind and solar generated less than 1 percent of U.S. electricity. Even a tenfold expansion will leave their contribution small. By contrast, oil and natural gas now provide two-thirds of Americans&#8217; [...]]]></description>
			<content:encoded><![CDATA[<p>Robert Samuelson has a great piece on <a href="http://www.realclearpolitics.com/articles/2009/05/04/the_bias_against_oil_and_gas_96324.html">President Obama&#8217;s counterproductive bias against domestic oil and gas production</a> in favor of unrealistic &#8220;green&#8221; jobs:</p>
<blockquote><p>In 2007, wind and solar generated less than 1 percent of U.S. electricity. Even a tenfold expansion will leave their contribution small. By contrast, oil and natural gas now provide two-thirds of Americans&#8217; energy. They will dominate consumption for decades. Any added oil produced here will mostly reduce imports; extra natural gas will mostly displace coal in electricity generation. Neither threatens any anti-global warming program that Congress might adopt.</p>
<p>Encouraging more U.S. production also aids economic recovery, because the promise of &#8220;green jobs&#8221; is wildly exaggerated. Consider. In 2008, the oil and gas industries employed 1.8 million people. Jobs in the solar and wind industries are reckoned (by their trade associations) to be 35,000 and 85,000, respectively. Now do the arithmetic: A 5 percent rise in oil jobs (90,000) approaches a doubling for wind and solar (120,000). Modest movements, up or down, in oil will swamp &#8220;green&#8221; jobs.</p>
</blockquote>
<p>Samuelson assumes that the White House is interested in common sense&mdash;they&#8217;re not. What the White House cares about is what all politicians care about&mdash;catering to their constituencies. The reason why Obama does not favor more domestic energy is because there&#8217;s no political upside to it for him. Obama can&#8217;t afford to annoy the environmentalist lobby that plays to American&#8217;s worse environmental fears. If he did, he&#8217;d risk losing political support.</p>
<p>Even though domestic energy exploration makes sense in terms of energy policy, national security, economics, and even environmentally, none of that means anything. It won&#8217;t play well <em>politically</em>, so it is dead on arrival.</p>
<p>That&#8217;s the way our government works in the 21st Century. For all the talk about &#8220;hope&#8221; and &#8220;change&#8221; the Obama Administration is as nakedly political as any other, and a politically unpopular program will not be enacted no matter how beneficial the results, and a policy that is economically ruinous but politically popular will always win out. It&#8217;s Reding&#8217;s Second Law of Public Policy&mdash;the best policy will always lose out to the most politically popular policy.</p>
<p>President Obama could show real leadership by dramatically increasing domestic energy productions. But &#8220;drill baby drill&#8221; was the motto of the other side, and with the worldwide recession pushing oil prices down, there won&#8217;t be a serious political demand for more domestic energy until the next crisis hits and it&#8217;s far too late.</p>
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		<title>Winning on Principles</title>
		<link>http://jayreding.com/archives/2009/04/30/winning-on-principles/</link>
		<comments>http://jayreding.com/archives/2009/04/30/winning-on-principles/#comments</comments>
		<pubDate>Thu, 30 Apr 2009 18:35:55 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Political Philosophy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[conservatism]]></category>
		<category><![CDATA[GOP]]></category>
		<category><![CDATA[ideology]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6217</guid>
		<description><![CDATA[The New York Times has a look at the ideological battle within the Republican Party as the GOP deals with their drubbings in 2006 and 2008 and the Spector defection. Meanwhile, David Frum offers his own suggestions on rebuilding the party.
Everyone looks at the GOP&#8217;s problems through the lens of &#8220;conservatives&#8221; versus &#8220;moderates.&#8221; That is [...]]]></description>
			<content:encoded><![CDATA[<p><cite>The New York Times</cite> <a href="http://www.nytimes.com/2009/04/30/us/politics/30repubs.html?_r=1&#038;ref=todayspaper">has a look at the ideological battle within the Republican Party</a> as the GOP deals with their drubbings in 2006 and 2008 and the Spector defection. Meanwhile, <a href="http://www.theweek.com/article/index/95947/How_to_rebuild_the_GOP">David Frum offers his own suggestions on rebuilding the party</a>.</p>
<p>Everyone looks at the GOP&#8217;s problems through the lens of &#8220;conservatives&#8221; versus &#8220;moderates.&#8221; That is the wrong way to look at the issue: what this battle really is about is &#8220;principles&#8221; versus &#8220;politics.&#8221; The moderates want the GOP to play towards what they see as the political &#8220;center&#8221;&mdash;or the left. The principle-minded factions wants the GOP to stand on a bedrock of principle.</p>
<p>The moderates have a point. If you want to win as a party, you go where the votes are. It&#8217;s classic Anthony Downs, the voters fall along a bell curve and the party that can capture the most votes in the middle will win the election.</p>
<p>But the problem is that if the choice is between the Democrats and the Democrats-Lite, why not vote for the real thing? If Republicans start advocating for more government control, they lose the conservative and libertarian wings of the party and end up losing anyway.</p>
<p>There has to be room for both. The GOP cannot win by turning its back on its principles, but it has to be able to <em>advocate for</em> those principles. Being the best conservative in the world does absolutely nothing unless the GOP cannot get others to understand the importance of that stand.</p>
<p>That is the problem with the GOP today. They have no ability to connect with the average voter. They&#8217;ve lost the popular imagination, they&#8217;ve lost their political &#8220;brand&#8221; and there is no message coming from the GOP today. Even when they do have a point, they are so ham-handed in making it that they end up hurting each other.</p>
<p>All is not lost. Obama is a <a href="http://en.wikipedia.org/wiki/Mule_(Foundation)">mule</a>&mdash;a rare character that comes out of nowhere, establishes power, but leaves no lasting coattails. Obama is a rare individual, which makes him dangerous to the GOP, but the more the Democratic Party becomes a cult of personality, the worse off they are. Obama becomes largely irrelevant no later than 2016, and by then the sheen will be off. If the GOP hasn&#8217;t gotten their act together by then, they&#8217;ll have gone the way of the Whigs. Now is the time that the GOP needs to regroup and experiment.</p>
<p>That is what the GOP ultimately needs to do. They can&#8217;t be afraid of failure. They&#8217;ve already failed, now is the time to be bold. Yes, the GOP needs to stand on its principles, but what they really need to do is <em>win</em> on those principles. That means trying everything they can to advocate for their values and seeing what sticks. As badly as Michael Steele&#8217;s first weeks on the job has been, at least someone is trying new tactics.</p>
<p>Politics is cyclical, and the Democrats are already sowing the seeds of their own downfall. They will grow complacent and arrogant (and have already), and the GOP will get their opening. Exploiting that weakness will take time and trial. But the Republican Party must learn to stand for something and be able to make that stand one that others will join. That is a tall order, but it is the way politics work in America. Politics is cyclical, and any claim of permanent Democratic majority status is as premature now as claims of a permanent Republican majority in 2002 were then.</p>
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		<title>Specter&#8217;s Pyrrhic Self-Preservation</title>
		<link>http://jayreding.com/archives/2009/04/28/specters-pyrrhic-self-preservation/</link>
		<comments>http://jayreding.com/archives/2009/04/28/specters-pyrrhic-self-preservation/#comments</comments>
		<pubDate>Tue, 28 Apr 2009 17:53:21 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Arlen Specter]]></category>
		<category><![CDATA[Democrats]]></category>
		<category><![CDATA[GOP]]></category>
		<category><![CDATA[Senate]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6213</guid>
		<description><![CDATA[Sen. Arlen Specter of Pennsylvania is now officially becoming a Democrat. There isn&#8217;t much of a shock to this&#8212;Specter has always been an erstwhile Republican, and he would have lost in the Pennsylvania GOP primary to Pat Toomey. Specter&#8217;s argument that somehow the GOP has moved too far to the right for his liking is [...]]]></description>
			<content:encoded><![CDATA[<p>Sen. Arlen Specter of Pennsylvania <a href="http://corner.nationalreview.com/post/?q=ZjIyMDhkZGQ4NzI0YzE3ODJmODlhMTI3NmUyNWQ3NWI=">is now officially becoming a Democrat</a>. There isn&#8217;t much of a shock to this&mdash;Specter has always been an erstwhile Republican, and he would have lost in the Pennsylvania GOP primary to Pat Toomey. Specter&#8217;s argument that somehow the GOP has moved too far to the right for his liking is really just political cover&mdash;this is all about his own political self-preservation.</p>
<p>The problem for Specter is that there&#8217;s a good chance that <a href="http://campaignspot.nationalreview.com/post/?q=M2U5ZDQzNTNmMzQ5MzcxNTE3NWQxN2U1OTFkY2EzZGU=">he won&#8217;t win the <em>Democratic</em> primary</a>. As NRO&#8217;s Jim Geraghty notes, why would the Democrats want a former Republican with a lifetime ACU rating in the 40s who opposes the union-backed &#8220;Employee Free Choice Act&#8221; and has ties with President Bush? Pennsylvania Democrats don&#8217;t need Arlen Specter nearly as much as Arlen Specter needs Pennsylvania Democrats.</p>
<p>The GOP should have gotten rid of Specter in 2004 when they had the chance. Specter&#8217;s claim that the GOP has moved too far to the right is based largely on his vote on the stimulus bill&mdash;which is opposed by far more than just Republicans. The GOP needs to remake its image, and jettisoning the old guard is probably better in the long run. What is needed now is a party that is more self-confident in their ideology and in their policies. The GOP right now is at war with &#8220;moderates&#8221; who barely identify with Republican principles and hard-liners who have failed to identify with the American people. That&#8217;s not a good position for a party to be in, especially not with a Democratic Congress and a President who could be caught on national TV greedily consuming a mewling infant and still get a 60% approval rating.</p>
<p>The GOP needs to get its act together and fast. Doing so without excess baggage is probably better over the long term, even if it is a huge problem over the short term. Specter was not the sort of person who could motivate the GOP base or the American people. His party switch hurts the Republicans in the short term, to be sure. But it is quite possible than even this Hail Mary play won&#8217;t be enough for Specter to keep his political career afloat.</p>
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		<title>Rep. Ellison Arrested Over Darfur Protests</title>
		<link>http://jayreding.com/archives/2009/04/27/rep-ellison-arrested-over-darfur-protests/</link>
		<comments>http://jayreding.com/archives/2009/04/27/rep-ellison-arrested-over-darfur-protests/#comments</comments>
		<pubDate>Mon, 27 Apr 2009 17:11:31 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[International Relations]]></category>
		<category><![CDATA[Darfur]]></category>
		<category><![CDATA[Keith Ellison]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[protests]]></category>
		<category><![CDATA[Sudan]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6211</guid>
		<description><![CDATA[Rep. Keith Ellison (D-MN) has been arrested in Washington D.C. for disorderly conduct after a protest in front of the Sudanese Embassy. Rep. Ellison was protesting the Sudanese government&#8217;s decision to expel aid groups from the Darfur region. Rep. Ellison was arrested along with 4 other members of Congress and other activists.
While this protest was [...]]]></description>
			<content:encoded><![CDATA[<p>Rep. Keith Ellison (D-MN) <a href="http://www.startribune.com/local/43772302.html">has been arrested in Washington D.C. for disorderly conduct</a> after a protest in front of the Sudanese Embassy. Rep. Ellison was protesting the Sudanese government&#8217;s decision to expel aid groups from the Darfur region. Rep. Ellison was arrested along with 4 other members of Congress and other activists.</p>
<p>While this protest was for a noble cause&mdash;the Sudanese government is undeniably complicit in the killing of tens of thousands of Darfuris, what is the point? Rep. Ellison could do far more by lobbying the Obama Administration to get tough on the Sudanese than by a show protest.</p>
<p>All the protests in the world won&#8217;t change the situation in Darfur. The only way that it will change is if the regime in Khartoum has to pay such a high price for its acts that it has no choice but to stop. The international system is so broken at this point that there is little hope of that happening any time soon. When serial human-rights abuser like the Sudan can sit in high positions in the United Nations&mdash;including on the Human Rights Commission itself, the problem is with the U.N.</p>
<p>While Rep. Ellison&#8217;s heart is in the right place, it would perhaps be more beneficial for him to have protested at the U.N. than at the Sudanese Embassy.</p>
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		<title>A Tortured Sense Of Priorites</title>
		<link>http://jayreding.com/archives/2009/04/27/a-tortured-sense-of-priorites/</link>
		<comments>http://jayreding.com/archives/2009/04/27/a-tortured-sense-of-priorites/#comments</comments>
		<pubDate>Mon, 27 Apr 2009 15:42:20 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Obama Administration]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[War On Terror]]></category>
		<category><![CDATA[intelligence]]></category>
		<category><![CDATA[interrogations]]></category>
		<category><![CDATA[national security]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[torture]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6209</guid>
		<description><![CDATA[In the Financial Times, Clive Crook wonders why President Obama is so keen on going after the Bush Administration on the &#8220;torture&#8221; issue:
Common sense may tell you waterboarding is torture, but the law is less clear-cut. Congress should make waterboarding a crime, for the reasons I have stated, and it has had many chances before [...]]]></description>
			<content:encoded><![CDATA[<p>In the <cite>Financial Times</cite>, Clive Crook wonders <a href="http://www.ft.com/cms/s/0/4af5dad2-328c-11de-8116-00144feabdc0.html">why President Obama is so keen on going after the Bush Administration on the &#8220;torture&#8221; issue</a>:</p>
<blockquote><p>Common sense may tell you waterboarding is torture, but the law is less clear-cut. Congress should make waterboarding a crime, for the reasons I have stated, and it has had many chances before and since 9/11 to do so. The fact is, it has chosen not to. Some of those in Congress now calling for prosecutions, including Nancy Pelosi, speaker of the House, were briefed about these methods in the panic-stricken aftermath of 9/11 and offered no objection.</p>
</blockquote>
<p>Politically, what Obama is doing is pandering to the MoveOn.org left. Obama&#8217;s pragmatism is running against the blood lust on the left to get back at the Bush Administration any way they can. The left wants a kangaroo court to put on a nice show trial, then send the objects of their unbridled hatred to jail&mdash;or worse. The irrational hatred of the Bush Administration has not gone away with the left, even though the Bush Administration is gone.</p>
<p>Substantively, Obama is being foolish. For one, the idea that there was some kind of torture &#8220;regime&#8221; with tentacles spreading from GTMO to Abu Ghraib would never stand up to serious scrutiny, because their was no such regime. Prosecuting the Bush Administration for acts like waterboarding would be a blatantly unconstitutional <cite>ex post facto</cite> prosecution, as Congress had the opportunity to make the practices illegal but did not do so. Moreover, the majority of Americans don&#8217;t feel a great deal of outrage over waterboarding someone like Khalid Sheikh Mohammad&mdash;especially since there is likely strong, if not incontrovertible, evidence that doing so saved many American lives. In a country where a show like <cite>24</cite> is popular, the idea that people are going to give much care to the &#8220;civil rights&#8221; of one of the masterminds of the September 11 atrocity is not a very good bet.</p>
<p>Congress should not be so quick to want either prosecutions or a &#8220;Truth Commission&#8221;&mdash;Congressional leaders knew exactly what was being done, and they signed off on it. Speaker Pelosi knew what was being done, and said nothing. The outrage from Congress is nothing less than pure hypocrisy and political payback.</p>
<p>In the end, this is about politics and nothing but. Obama had taken a reasonable and pragmatic response to this issue. Now, the radical left is pushing him further and further towards a politically unsustainable course. Playing politics with national security does not play well outside of the Beltway, especially when this country faces very real and much more immediate crises. Obama should, to borrow a term, move on. What was done in the aftermath of September 11 was done to protect this country and was approved be the same members of Congress who now want to seek a kangaroo court to prosecute crimes they failed to make crimes when they had the chance. Obama has exercised his prerogative to prevent it from happening again under his watch. If the left wants to regard those actions with shame, let them. But this country deserves better than to have do deal with a political circus when there is work to be done. The Democrats will have to lead rather than try to enact their partisan vengeance, and Obama should make it clear that his concern is on the future rather than the past. Let history pass judgment, not partisans.</p>
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		<title>Some People Just Don&#8217;t Get It</title>
		<link>http://jayreding.com/archives/2009/04/24/some-people-just-dont-get-it/</link>
		<comments>http://jayreding.com/archives/2009/04/24/some-people-just-dont-get-it/#comments</comments>
		<pubDate>Fri, 24 Apr 2009 15:48:17 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Idiotarianism]]></category>
		<category><![CDATA[Obama Administration]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[GOP]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[protest]]></category>
		<category><![CDATA[taxes]]></category>
		<category><![CDATA[tea parties]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6207</guid>
		<description><![CDATA[Bill Maher flaunts his ignorance once again over the issue of the Tea Party protests. Like many who live in a comfortable cocoon of left-wing orthodoxy, Maher fails to understand that the reaction to the Obama Administration is about matters of substance. Maher rants:
t&#8217;s been a week now, and I still don&#8217;t know what those [...]]]></description>
			<content:encoded><![CDATA[<p>Bill Maher <a href="http://www.latimes.com/news/opinion/la-oe-maher24-2009apr24,0,927819.story">flaunts his ignorance once again over the issue of the Tea Party protests</a>. Like many who live in a comfortable cocoon of left-wing orthodoxy, Maher fails to understand that the reaction to the Obama Administration is about matters of substance. Maher rants:</p>
<blockquote><p>t&#8217;s been a week now, and I still don&#8217;t know what those &#8220;tea bag&#8221; protests were about. I saw signs protesting abortion, illegal immigrants, the bank bailout and that gay guy who&#8217;s going to win &#8220;American Idol.&#8221; But it wasn&#8217;t tax day that made them crazy; it was election day. Because that&#8217;s when Republicans became what they fear most: a minority.</p>
<p>The conservative base is absolutely apoplectic because, because &#8230; well, nobody knows. They&#8217;re mad as hell, and they&#8217;re not going to take it anymore. Even though they&#8217;re not quite sure what &#8220;it&#8221; is. But they know they&#8217;re fed up with &#8220;it,&#8221; and that &#8220;it&#8221; has got to stop.</p>
<p>Here are the big issues for normal people: the war, the economy, the environment, mending fences with our enemies and allies, and the rule of law.</p>
</blockquote>
<p>Mr. Maher, here is what &#8220;it&#8221; is, in a way that even you can understand:</p>
<div style="text-align:center;margin: 5px;"><img src="http://jayreding.com/wp-content/uploads/2009/04/obamadebt.jpg" alt="obamadebt.jpg" border="0" width="400" height="330" /></div>
<p>This is what President Obama is doing to this country. Former President Bush was fiscally irresponsible enough, but what Obama is doing is sheer madness. Trying to use government to fix the economy will not work. The bailouts are failing. The housing market is still in the toilet. Lenders are still holding back. If that isn&#8217;t a reason to be worried about the future, then it is time to pull your head out of the sand and look at the numbers.</p>
<p>When it was politically convenient, liberals <a href="http://dir.salon.com/story/news/feature/2004/01/13/moveon/index.html">pretended to care about the effect of massive deficits on the future of America</a>. Now that Obama is in office, who cares about a few trillion here or there?</p>
<p>The Tea Party movement is <a href="http://pajamasmedia.com/instapundit/77079/">not a partisan movement</a>. There is great anger at the GOP for not leading on the issues of our time and allowing government to grow out of control during their tenure in office. This is a protest based on principles: in fact, it is a protest based on the <em>classically</em> republican principles that the United States should have a limited federal government of enumerated powers.</p>
<p>Maher, like many, think that just because Obama won an election, that means his policies are 1) popular and 2) right for the country. Neither are true. Winning an election doesn&#8217;t vindicate your policy prescriptions now any more than it did in 2004. Obama&#8217;s ham-handed handling of the economy, his Quixotic campaign against the Bush Administration on torture, and his constant prostrations before America&#8217;s enemies from Iran to Venezuela all demonstrate how radical he truly is. His popularity is being supported by a fawning media and a public that is hardly paying attention. Obama&#8217;s gotten the same honeymoon that most new Presidents get. But in time, his star will fade, as all Presidents do.</p>
<p>When that happens, the arrogance of Mr. Maher may come back to bite him. Politics in America is cyclical, and given the radical course that President Obama has set for this country, it may well be the Tea Parties that get the last laugh.</p>
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		<title>Want To &#8220;Save The Earth?&#8221; Get Rich</title>
		<link>http://jayreding.com/archives/2009/04/22/want-to-save-the-earth-get-rich/</link>
		<comments>http://jayreding.com/archives/2009/04/22/want-to-save-the-earth-get-rich/#comments</comments>
		<pubDate>Wed, 22 Apr 2009 16:15:34 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Environmental Wackos]]></category>
		<category><![CDATA[earth day]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[environment]]></category>
		<category><![CDATA[environmentalism]]></category>
		<category><![CDATA[nuclear]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6204</guid>
		<description><![CDATA[In The New York Times, John Tierney has an excellent column about why getting rich is the best way to improve the environment:
As their wealth grows, people consume more energy, but they move to more efficient and cleaner sources — from wood to coal and oil, and then to natural gas and nuclear power, progressively [...]]]></description>
			<content:encoded><![CDATA[<p>In <cite>The New York Times</cite>, John Tierney has an excellent column <a href="http://www.nytimes.com/2009/04/21/science/earth/21tier.html?_r=3&#038;ref=earth">about why getting rich is the best way to improve the environment</a>:</p>
<blockquote><p>As their wealth grows, people consume more energy, but they move to more efficient and cleaner sources — from wood to coal and oil, and then to natural gas and nuclear power, progressively emitting less carbon per unit of energy. This global decarbonization trend has been proceeding at a remarkably steady rate since 1850, according to Jesse Ausubel of Rockefeller University and Paul Waggoner of the Connecticut Agricultural Experiment Station.</p>
<p>“Once you have lots of high-rises filled with computers operating all the time, the energy delivered has to be very clean and compact,” said Mr. Ausubel, the director of the Program for the Human Environment at Rockefeller. “The long-term trend is toward natural gas and nuclear power, or conceivably solar power. If the energy system is left to its own devices, most of the carbon will be out of it by 2060 or 2070.”</p>
</blockquote>
<p>The best way to &#8220;save the environment&#8221; is to grow the economy and embrace new technologies. That means stopping our irrational fear of nuclear power. That means working to make solar a reasonable means of producing power. That also means, however, that we can&#8217;t just let some government bureaucrat decide what is best&mdash;we have to have a competitive marketplace for green technologies in which the best system wins.</p>
<p>It also means that we must stop looking at dangerous and economically unsound policies like &#8220;cap and trade&#8221;. <a href="http://www.csmonitor.com/2008/0827/p09s01-coop.html">As this article notes, cap and trade systems do not work</a> and fail to reduce CO2 emissions while simultaneously hurting the economy. That kind of strategy will reduce capital that can be applied to new technologies, raise the price of energy through the roof, and end up raising the cost of living for everyone, disproportionately hurting the worlds&#8217; poor who cannot pay extra for their electricity. Such a program would end up <a href="http://online.wsj.com/article/SB123655590609066021.html">turning into a massive tax increase on America&#8217;s vulnerable middle class</a>. Cap and trade is not the right solution.</p>
<p>The right solution is a system that fosters innovation. That means reducing the barriers that keep green technologies off the market, and giving tax incentives to those willing to take the risks of bringing new technologies to market.</p>
<p>Finally, we have to stop believing the cheap energy and green energy are opposed to each other. Basic economics teaches that as supply goes down, costs will go up. If we are running low on fossil fuels, then the prices for those fuels will only rise until the cost of &#8220;green&#8221; energy is substantially less. At that point, without of hint of government intervention, there will be a green revolution.</p>
<p>But government doesn&#8217;t want to wait. By scaring people into seeing an environmental &#8220;crisis&#8221; they want people to give them unprecedented power and control&madsh;power and control that they can use and abuse. Yes, we need a clean environment. But we don&#8217;t need scare tactics. We must take measured and rational steps rather than being frightened into radical and ill-conceived ventures.</p>
<p>200 years ago the streets of every major city were awash in horse manure, water supplies were unsafe, and soot darkened every building. Today, we have made incredible advancements in expanding human quality of life without damaging the environment. Tomorrow, who knows how far we will come if we abandon the politics of environmental fear and embrace the value of human ingenuity and the entrepreneurial spirit.</p>
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		<title>The Myth Of The Laissez-Faire Meltdown</title>
		<link>http://jayreding.com/archives/2009/04/09/the-myth-of-the-laissez-faire-meltdown/</link>
		<comments>http://jayreding.com/archives/2009/04/09/the-myth-of-the-laissez-faire-meltdown/#comments</comments>
		<pubDate>Thu, 09 Apr 2009 16:31:02 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6201</guid>
		<description><![CDATA[In The Spectator, Fraser Nelson has a searching piece on the myth that laissez-faire conservatives led to the current economic troubles:
So while it&#8217;s a statement of the obvious, the obvious can&#8217;t be stated enough at a time when we&#8217;re fighting (or should be) for the future of capitalism and the open society. The last ten [...]]]></description>
			<content:encoded><![CDATA[<p>In <cite>The Spectator</cite>, Fraser Nelson has a <a href="http://www.spectator.co.uk/coffeehouse/3526696/the-truth-about-conservatives-and-laissezfaire.thtml">searching piece on the myth that laissez-faire conservatives led to the current economic troubles</a>:</p>
<blockquote><p>So while it&#8217;s a statement of the obvious, the obvious can&#8217;t be stated enough at a time when we&#8217;re fighting (or should be) for the future of capitalism and the open society. The last ten years were not laissez-faire, as even Gordon Brown suggests. The crash was the result of bad regulation, not insufficient regulation. Brown told the Guardian last month that &#8220;laissez-faire had its day&#8221; and it did &#8211; in the 1880s. The problem this time was a blind, almost fundamentalist, faith in rules-based economics &#8211; the idea that, if inflation was low, everything else would be fine. And this stems from a blind faith in the power of governments.</p>
</blockquote>
<p>He&#8217;s right. The crash was caused not be &#8220;Wild West capitalism&#8221; or anything similar. It was caused by a regulatory climate that encouraged systemic risk. The mortgage meltdown was not the product of evil capitalists meeting in smoky rooms to screw over everyone, it was the product of government meddling in the economy.</p>
<p>Our system of financial regulations has been based on a rules-based approach. Far from being unregulated, the financial markets are covered by a number of regulatory agencies&mdash;the Securities and Exchange Commission regulated the trade of stocks and other securities, along with FINRA (formerly the NASD) acting as a quasi-private regulatory body. Banks were governed by a massive amount of regulations by bodies like the Federal Deposit Insurance Company (FDIC) and the U.S. Treasury. Corporate books were governed by the Sarbanes-Oxley bill that was passed in the wake of the Enron and Worldcom scandals. The housing markets were heavily regulated by the Housing and Urban Development department, the Community Reinvestment Act, and the presence of Fannie Mae and Freddie Mac (who everyone know were &#8220;too big to fail&#8221; and would be bailed out by the government if things got too bad).</p>
<p>With all that going on, the argument that somehow the financial markets were totally unregulated is hardly justified by the facts. Quite the opposite, the government was doing plenty to tilt the market for various social policy reasons. Since President Carter signed the Community Reinvestment Act in 1977, it&#8217;s been government policy to expand home ownership to minorities and low-income people. President Bush&#8217;s &#8220;ownership society&#8221; was hardly a new direction from government policy, but rather a continuation of what came before.</p>
<h3>Tilting the Playing Field: Why the Rules-Based Approach Failed</h3>
<p>There are two rather huge problem with the rule-based approach: first, it gives incentives for industry to try to tilt the rules to their benefit, and secondly such an approach can&#8217;t work fast enough to effectively regulate a modern economy.</p>
<p>On the first point, it&#8217;s obvious to all that there was a cozy relationship between the regulators of the financial markets and those people they were supposed to be regulated. Take the example of Sen. Chris Dodd, who while having been supposed to be in charge of regulating the financial industry <a href="http://www.portfolio.com/news-markets/top-5/2008/06/12/Countrywide-Loan-Scandal">was getting sweetheart loan deals from Countrywide</a> and raking in <a href="http://www.courant.com/news/politics/hc-chris-dodd-email-donations-0330,0,7052877.story">tons of cash from AIG</a>. This is, sadly, not a case of one bad apple in a bunch&mdash;Rep. Barney Frank <a href="http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2008/09/28/franks_fingerprints_are_all_over_the_financial_fiasco/">was one of the biggest impediments to reforming Fannie Mae and Freddie Mac</a> and fixing the problems with the mortgage market.</p>
<p>This cozy relationship meant that efforts at substantive reform like the <a href="http://www.govtrack.us/congress/bill.xpd?bill=s109-190">Federal Housing Enterprise Regulatory Reform Act of 2005</a> could never get off the ground. The regulators were in the pockets of the regulated agencies like Fannie Mae and Freddie Mac, and no way would they allow the world to inspect their books and see just how deeply in trouble they were.</p>
<p>Even if federal regulators were uniformly brilliant and far-sighted (and some of them are), they&#8217;re no more insulated from political pressure than the corrupt politicians. <a href="http://en.wikipedia.org/wiki/Regulatory_capture">Regulatory capture</a> remains a major and persistent problem. There is enormous political pressure, not only from the financial companies, but from special interest pressure groups like ACORN and the unions to push rules through that try to expand home ownership to those who would be enable to afford it. In the end, it wasn&#8217;t just about turning a profit, it was about &#8220;helping the poor&#8221; by lowering lending standards so that more people could buy homes they couldn&#8217;t otherwise afford.</p>
<p>A rules-based approach will always produce these results. Ban the giving of money and the transactions go under the table. There&#8217;s no way to prevent this kind of influence-peddling so long as there is influence to be peddled. As long as people like Barney Frank, Chris Dodd, and the rest of our corrupt legislative class can tilt the playing field, entities like AIG, Fannie Mae and Freddie Mac, and others will have every incentive to see that the rules get tilted in their favor. That is human nature, what James Madison called &#8220;faction&#8221; <a href="http://www.constitution.org/fed/federa10.htm">all the way back in Federalist #10 in 1787</a>.</p>
<p>The other problem with a rules-based approach is that it&#8217;s slow. The process of passing a new federal regulatory rule takes at least a year on average. Yet the financial markets move much faster. New financial equations and methods like <a href="http://www.wired.com/techbiz/it/magazine/17-03/wp_quant?currentPage=all">David X. Li&#8217;s Gaussian copula function</a> (which <cite>Wired</cite>calls &#8220;the formula that killed Wall Street&#8221;) is something that is difficult for anyone, especially federal regulators to understand and predict. Trying to craft a rules-based approach to deal with a modern financial system in the Internet age is ultimately futile: by the time there&#8217;s been a rule that&#8217;s survived the rule-making process, the system has already changed.</p>
<p>It&#8217;s not possible to have a regulatory system that works fast enough to meet the demands of today&#8217;s economy. Even if it were, we don&#8217;t want to have a system that produces rules without time for interested parties to have some say. Even worse than our deliberative rule-making process is one that pushes through rules without considering the potential ramifications.</p>
<h3>Preventing the Next Crisis: Make Regulations Simpler, Fairer, and Automatic</h3>
<p>The rules-based approach is not going to work in the 21st Century, at least not in the form that we have it now. There&#8217;s too many opportunities for regulatory capture and the system cannot keep pace with the needs of a rapidly-evolving market. We need a better approach to the financial system.</p>
<p>That approach should come in the form of a smarter system of regulations. Gary Becker wisely suggests <a href="http://www.becker-posner-blog.com/archives/2009/03/financial_regul.html">that regulations be automatic rather than subject to the discretion of regulators</a>&mdash;such as capital requirements that keep financial institutions from getting &#8220;too big to fail&#8221;. This approach would reduce regulatory capture, but it may be difficult for regulators to set the right ratio of assets to capital. Still, it&#8217;s a step in the right direction.</p>
<p>In addition to that, what we need is a set of financial rules that are dramatically simpler. The more complexity there is in a rule-based system, the easier it is for companies to find loopholes. The large and sophisticated players can find their way around the rules, the smaller and less sophisticated players are easily caught up in a system they can scarcely understand. That tilts the playing field away from smaller competitors and towards the bigger ones. That is not a smart way to run any kind of economic system.</p>
<p>We need to clear away the layers of over-complicated, overlapping, and over-burdensome regulations and replace them with a comprehensive system based on simpler rules that anyone can follow. That will naturally be met with huge cries from both the government agencies and the companies that have captured them, but it&#8217;s a necessary step to fixing this mess.</p>
<p>We also have an urgent need to reduce <a href="http://en.wikipedia.org/wiki/Moral_hazard">moral hazard</a>. Fannie Mae and Freddie Mac knew they could get away with anything because they were &#8220;too big to fail&#8221; and their close ties with government would mean they would be the recipients of a federal bailout. That means that they could take far more risks than was safe, and once they did it, others started to follow suit. In a functioning free market system, there has to be a system in which smart risks get rewarded and dumb risks get punished&mdash;otherwise everyone will start making dumb and risky moves.</p>
<p>Finally, we have to recognize that more government is not the right solution. More bad regulations will only make the system worse. They will continue to create even more problem with regulatory capture and corruption, and it&#8217;s quite likely that they will have a host of negative side effects that won&#8217;t be foreseeable for quite some time. Too much bad regulation got us into this mess, and trusting the same government actors that created the mess in the first place to get us out is a fool&#8217;s errand.</p>
<p>This crisis was not the result of laissez-faire capitalism, it was the result of bad regulation and corrupt government. In order to repair the damage and move ahead we must stop the culture of bailouts and expanding the power of the corrupt technocrats and move to a system that is fairer, less needlessly complicated, and less prone to regulatory capture. That will not make people like Chris Dodd and Barney Frank happy, nor will it be very welcome within the industries that have grown accustomed to buying favor with the government. But for the future of the American economy, it is the right thing to do.</p>
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		<title>Tyranny Of The Minority</title>
		<link>http://jayreding.com/archives/2009/04/06/tyranny-of-the-minority/</link>
		<comments>http://jayreding.com/archives/2009/04/06/tyranny-of-the-minority/#comments</comments>
		<pubDate>Mon, 06 Apr 2009 16:26:40 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Political Philosophy]]></category>
		<category><![CDATA[The Law]]></category>
		<category><![CDATA[courts]]></category>
		<category><![CDATA[Culture]]></category>
		<category><![CDATA[gay rights]]></category>
		<category><![CDATA[Iowa]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[marriage]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6199</guid>
		<description><![CDATA[Law professor Paul Campos takes a critical look at the Iowa Supreme Court&#8217;s recent decision upholding gay marriage. (The Court&#8217;s opinion is available here.) Campos finds that the legal reasoning behind the decision was lacking:
Stripped of its verbiage, the court’s opinion comes down to the following claims: First, it’s a bad thing for the state [...]]]></description>
			<content:encoded><![CDATA[<p>Law professor Paul Campos <a href="http://www.thedailybeast.com/blogs-and-stories/2009-04-04/right-decision-wrong-reason/full/">takes a critical look at the Iowa Supreme Court&#8217;s recent decision upholding gay marriage</a>. (<a href="http://www.desmoinesregister.com/assets/pdf/D213209243.PDF">The Court&#8217;s opinion is available here</a>.) Campos finds that the legal reasoning behind the decision was lacking:</p>
<blockquote><p>Stripped of its verbiage, the court’s opinion comes down to the following claims: First, it’s a bad thing for the state to treat people differently on the basis of sexual orientation, unless the state has a good enough reason. Second, the reasons the state gave for treating same sex-couples differently from opposite-sex couples in regard to marriage weren’t good enough.</p>
<p>That’s it. These conclusions might raise various questions in the mind of someone who hasn’t enjoyed the benefits of a legal education. Such as, what was the court’s basis for these claims? Is there anything specifically “legal” about these conclusions? And how did the judges figure this stuff out, especially given that it took more than a century before anyone noticed Iowa&#8217;s constitution contained this requirement?</p>
</blockquote>
<p>The problem with the Iowa decision is that there <em>isn&#8217;t</em> a strong legal rationale for this decision. The Iowa Constitution cannot require the recognition of gay marriage because gay marriage was not acceptable at the time that the Iowa Constitution was written. In essence, the judges are reading their own personal feelings into the law. While the Iowa Constitution is more broadly worded than the federal Constitution, there is still no plausible argument that it was designed to allow for same-sex marriages. What the Iowa Supreme Court has done amounts to going back and changing the words of the Iowa Constitution to mean something that it never was intended to.</p>
<p>Even those who want gay marriage should be troubled by this. There are seven members of the Iowa Supreme Court. There are nearly 3 million Iowans. In a democratic state, 7 people should not be presumed to have the power to set sweeping social policy for the other 2,999,997 people.</p>
<p>Yet that is what happened. The Iowan people did not vote to have gay marriages recognized in their state. <a href="http://www.politico.com/blogs/bensmith/0409/Iowans_oppose_samesex_marriage.html">In fact, a clear majority of Iowans oppose gay marriage</a>. Yet the voice of the people have been overruled by just 7 people. That is troubling, not only from a standpoint of separation of powers, but because it ultimately hurts the cause of gay marriage. The likely outcome of all of this will be another Prop 8, and even if the Iowa Constitution&#8217;s amendment process <a href="http://www.volokh.com/archives/archive_2009_03_29-2009_04_04.shtml#1238779100">means that the vote won&#8217;t take place until 2012</a>, having this decision essentially forced upon the people of Iowa will not make gay marriage more popular.</p>
<p>This is a clear case of judicial activism. Judges should follow the law, and avoid legislating from the bench. The legal case for gay marriage presented in this opinion is woefully thin&mdash;rather the judges decided to enforce a set of social norms on Iowans by their will rather than the legislative process. Even those who support gay marriage should be troubled by that. This is an example of the tyranny of the minority, where the few use judicial overreach to enforce their views in a way they otherwise could not. No matter what the outcome, that kind of circumvention of the democratic process is wrong. The very foundation of our government is based on fundamental values like separation of powers and the consent of the governed. The Iowa Supreme Court has made a sweeping change to Iowa&#8217;s social policies and laws without the consent of the people. If such a thing were to stand, it would mean that states are governed not by voters, but by the few.</p>
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		<title>China Invests In Pebble-Bed Technology</title>
		<link>http://jayreding.com/archives/2009/04/02/china-invests-in-pebble-bed-technology/</link>
		<comments>http://jayreding.com/archives/2009/04/02/china-invests-in-pebble-bed-technology/#comments</comments>
		<pubDate>Thu, 02 Apr 2009 15:44:23 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Environmental Wackos]]></category>
		<category><![CDATA[International Relations]]></category>
		<category><![CDATA[Nerd-O-Rama]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[nuclear]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6197</guid>
		<description><![CDATA[Next Big Future reports on a joint Chinese-South African project to advance pebble bed reactor technology. Pebble bed reactors are an advanced type of nuclear reactor design that promises to be significantly safer than conventional designs, for more details see here.
One of the reasons I&#8217;ve said that the future may well belong to the East [...]]]></description>
			<content:encoded><![CDATA[<p>Next Big Future <a href="http://nextbigfuture.com/2009/04/high-temperature-reactor-joint-venture.html">reports on a joint Chinese-South African project to advance pebble bed reactor technology</a>. Pebble bed reactors are an advanced type of nuclear reactor design that promises to be significantly safer than conventional designs, <a href="http://en.wikipedia.org/wiki/Pebble_bed_reactor">for more details see here</a>.</p>
<p>One of the reasons I&#8217;ve said that the future may well belong to the East is because the Chinese are willing to invest in this kind of technology while Western governments are too motivated by short-term political pressure to invest in projects such as these. The only way we will be able to meet the energy needs of the future and preserve the environment is to start moving towards nuclear energy. The truth is that wind, solar, geothermal, and other &#8220;green&#8221; technologies cannot produce enough power to meet our needs. They may be <em>supplements</em> to a nuclear infrastructure, but they will never supplant it.</p>
<p>If President Obama wished to be truly forward-looking, he would commission a similar program in the United States. For all the talk about the &#8220;Republican war on science,&#8221; the Democrats remain in thrall to an environmental lobby that wants to push for forms of alternative energy that will never be able to meet America&#8217;s needs. So instead, we keep our inefficient fossil fuels and push for stopgap solutions like &#8220;clean coal&#8221; rather than investing in an energy infrastructure that truly meets the needs of the 21st Century.</p>
<p>Pebble bed reactors promise a safer, cleaner, and more plentiful form of energy for America and for the world. If we are to remain a superpower into the 21st Century, we cannot turn our back to advances such as this. We cannot let the stigma of the word &#8220;nuclear&#8221;&mdash;and the irrational fear it engenders&mdash;stand in the way of our future.</p>
<p>Hat tip to <a href="http://pajamasmedia.com/instapundit/75362/">Glenn Reynolds</a> for the link.</p>
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		<title>Global Warming Is Surely To Blame</title>
		<link>http://jayreding.com/archives/2009/04/02/global-warming-is-surely-to-blame/</link>
		<comments>http://jayreding.com/archives/2009/04/02/global-warming-is-surely-to-blame/#comments</comments>
		<pubDate>Thu, 02 Apr 2009 14:08:55 +0000</pubDate>
		<dc:creator>Jay Reding</dc:creator>
				<category><![CDATA[Nerd-O-Rama]]></category>
		<category><![CDATA[Rants]]></category>
		<category><![CDATA[global warming]]></category>
		<category><![CDATA[jupiter]]></category>
		<category><![CDATA[science]]></category>
		<category><![CDATA[space]]></category>

		<guid isPermaLink="false">http://jayreding.com/?p=6195</guid>
		<description><![CDATA[This can only be the result of our unsustainable human activity.
Where is Al Gore on this?
]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.cnn.com/2009/TECH/space/04/02/jupiter.red.spot.shrinking/index.html?eref=rss_topstories">This can only be the result of our unsustainable human activity</a>.</p>
<p>Where is Al Gore on this?</p>
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