Self employment income should be income tax exempt. The tax code should encourage Americans to start their own businesses and to become self-reliant. The tax exemption could be limited to a number of years, such as 10 or 15, and to a maximum number of employees claimed for deductions, with a sliding scale from 0 to 25 employees, and no exemption thereafter.
Part of the moral deterioration that has occurred in America comes from the interpersonal manipulation and separation of ownership and control characteristic of large organizations. Small business is responsive to the market and proprietors are forced to deal with reality. Thus, business ownership makes better citizens than does employment in a large organization. Increasing the share of the population that is self-employed would likely improve the nation's moral tenor. As well, those who are unemployed might find that tax free self-employment earnings can assist reintroduction into the workforce.
Friday, January 18, 2008
Is This Education (and is it entitled to a section 501(c)(3) tax examption)?
Or is it political lobbying?
You be the judge....
>Dear Colleagues,
>Come join us! ---- College's sociology department is taking part in a nation wide teach-in addressing climate change on January 31st, 2008. Over 1300 universities, schools and civic organizations are participating in this historic event. Because the date is so early in the semester, it may not be the best date for ----- College, but by focusing our activity around January 31st, our efforts will link with Focus the Nation's campaign. They have organized what may end up being the largest teach-in ever in U.S. history-reminding us of the fantastic reception to the first Earth Day in 1970.
>What can you do? (if viewed previously please note room change!)
>1. Save the date! On January 31st, From 11 until 1 the sociology department will host a short program in ---- Lounge Student Center involving local politicians, citizen groups, and a Frontline documentary, Hot Politics, on the history of climate change policies in the U.S.
>2. Take your class to view Al Gore's An Inconvenient Truth. There will be multiple screenings in the xxxxx Auditorium on January 30th and 31st. Show times at: 9:30 a.m., 12:15, 2:00, 3:45 and 6:30 p.m. No 12:15 showing on the 31st! Please RSVP to xxxx@xxxx.xxxx.edu.
>3. Plan to teach about climate change in your regular courses on (or around) January 31st. Our goal is to expand our attention to how climate change can be understood and addressed through our many disciplines. Climate change touches on issues as diverse as poverty, power, media discourses, politics, philosophy, human rights, social infrastructure, religion and more every discipline has something to add to the conversation.
>What can you do now?
>1. Let us know that you are joining our project. We will add your name, your course title, and your department to our list of participants. When you join our project, we will put you on a distribution list for additional materials and other updates.
>2. You can visit the website www.focusthenation.org for discipline specific teaching suggestions. Or for a social science focus try ASA's teach-in website http://www.linfield.edu/soan/et/teachin.html.
>3. If you have course material (readings, assignments, projects) share them with us and we will share them with all who participate.
>4. On Jan. 31st come to our teach-in focusing on climate change policies.
>5. Organize your own event and let us know.
>Please send your intention to participate and suggestions for materials to Professor xxx, xxx@----.xxx.edu.
-----------
Visiting Assistant Professor
You be the judge....
>Dear Colleagues,
>Come join us! ---- College's sociology department is taking part in a nation wide teach-in addressing climate change on January 31st, 2008. Over 1300 universities, schools and civic organizations are participating in this historic event. Because the date is so early in the semester, it may not be the best date for ----- College, but by focusing our activity around January 31st, our efforts will link with Focus the Nation's campaign. They have organized what may end up being the largest teach-in ever in U.S. history-reminding us of the fantastic reception to the first Earth Day in 1970.
>What can you do? (if viewed previously please note room change!)
>1. Save the date! On January 31st, From 11 until 1 the sociology department will host a short program in ---- Lounge Student Center involving local politicians, citizen groups, and a Frontline documentary, Hot Politics, on the history of climate change policies in the U.S.
>2. Take your class to view Al Gore's An Inconvenient Truth. There will be multiple screenings in the xxxxx Auditorium on January 30th and 31st. Show times at: 9:30 a.m., 12:15, 2:00, 3:45 and 6:30 p.m. No 12:15 showing on the 31st! Please RSVP to xxxx@xxxx.xxxx.edu.
>3. Plan to teach about climate change in your regular courses on (or around) January 31st. Our goal is to expand our attention to how climate change can be understood and addressed through our many disciplines. Climate change touches on issues as diverse as poverty, power, media discourses, politics, philosophy, human rights, social infrastructure, religion and more every discipline has something to add to the conversation.
>What can you do now?
>1. Let us know that you are joining our project. We will add your name, your course title, and your department to our list of participants. When you join our project, we will put you on a distribution list for additional materials and other updates.
>2. You can visit the website www.focusthenation.org for discipline specific teaching suggestions. Or for a social science focus try ASA's teach-in website http://www.linfield.edu/soan/et/teachin.html.
>3. If you have course material (readings, assignments, projects) share them with us and we will share them with all who participate.
>4. On Jan. 31st come to our teach-in focusing on climate change policies.
>5. Organize your own event and let us know.
>Please send your intention to participate and suggestions for materials to Professor xxx, xxx@----.xxx.edu.
-----------
Visiting Assistant Professor
Selected Blogs of Candace de Russy
Candace de Russy blogs at Phi Beta Cons at National Review.com and she has been productive of late. De Russy uncovers, courageously and without prejudice, scams, shams, swindles, stings, and sucker games that are essential to the postmodern university. The "cons" in phi beta cons are the universities themselves, as a review of de Russy's blogs reveals.
Item: Michael Bloomberg, the INO (independent in name only) presidential candidate, contributed $200 million to the Johns Hopkins School of Public Health, which has just produced a fraudulent report concerning the Iraqi War. Undoubtedly, the Mayor's affiliation with the public health school contributes to his interest in progressive-liberal health fascism. De Russy notes that Bloomberg remarked that the Johns Hopkins researchers “are just some of the great, honest academics, the most talented academics around". Rumor has it that Mayor Bloomberg made similar remarks when he awarded a large pay and retirement bonus to a school principal who, it turned out, had falsified the test results for which he had rewarded her.
As well, de Russy notes that George Soros may have funded the bogus Johns Hopkins story.
(Also see discussion in Dan Stover's Northern Alliance Wannabe Blog.)
Item: de Russy deconstructs the motives of Columbia University, the politically correct institution that refuses to pay taxes on the large number of New York City properties and the the trust fund that it owns, even as its left-wing faculty argues for higher taxes. According to the Chronicle of Higher Education, in 2006 Columbia's tax-exempt endowment totaled $5.9 billion and earned a return of 14.4% or $840 million, enough to provide all of its students with free tuition (24,000 students x $35,000 tuition = $840 million).
Academics claim that they care about the poor, minorities' rights and the oppressed. But instead of using its endowment to provide education to its students, or to provide much needed job training and remedial education to the large number of minority poor people in its community, Columbia utilizes the services of Mayor Bloomberg to indulge in private use eminent domain, aiming to loot land from the people of Harlem, throwing the poor on the streets to benefit its progressive-liberal faculty, which advocates taxing others to benefit themselves.
De Russy quotes the New York Sun, which notes that Columbia is busily reinforcing its progressive-liberal credentials:
"'Virtual empires benefiting private interests — secured through government force — are springing up especially across New York City,'” notably, at Columbia University, which 'seeks land that rightfully belongs to its West Harlem neighbors so it can expand its campus.'"
I can't wait until Mayor Bloomberg becomes president so that politically connected swindlers will have access to land from Peoria to Pennsylvania.
Item: de Russy blogs about Major Stephen Coughlin, the Pentagon analyst who has been fired "for his politically incorrect but “hard-to-refute views on the relationship between Islamic law and Islamist jihad doctrine." Let us hope that the Pentagon's resort to political correctness will be rectified.
Item: de Russy notes that:
"The president of Al-Quds University in Jerusalem, Sari Nusseibeh, made anti-Semitic remarks during a rant against the presence of Jews in any future Palestinian state. Al-Quds has partnered with several American and Canadian universities to offer programs, classes, and research opportunities. These schools include the University of Michigan at Dearborn, Northeastern University, York University in Ontario, Brandeis, and George Washington University. Al-Quds also receives U.S. government support."
Here is one more nail in the coffin of Alan Colmes's argument that progressive-liberals aren't really Nazis. Of course, they are, Jonah Goldberg. Of course they are.
Item: de Russy notes that the Anti-Racist Blog has:
"obtained a series of e-mails promoting a despicable campaign to de-legitimize Israel on college campuses across the United States that will be waged in the coming months. As you will see, anti-Zionist conspirators from student groups such as MSA, and SJP are preparing for a coordinated and unprecedented nationwide assault on the Jewish State and its supporters."
Here is yet one more nail in the coffin of Alan Colmes's argument that progressive-liberals aren't really Nazis.
Item: de Russy notes that there has been a proposal for a Russell Kirk University.
I hope that they have a business school!
Item: de Russy notes that:
"John Yoo, a Yale Law School graduate who served at the Justice Department, has been sued by convicted terrorist Jose Padilla, who is being represented by lawyers at Yale. As the editors of the Wall Street Journal observe, “Perhaps if Mr. Yoo had decided to pursue a life of terrorism, he too could be represented by his alma mater.”
I guess when they're not stealing land from poor African Americans, universities keep themselves busy by harming their alumni!
Item: de Russy notes an Anti-Racist Blog recount of a Chicago Tribune story by Jim Tankersley which mentions that:
"U.S. government officials authorized giving nearly $1 million in foreign aid to a Palestinian university with links to the terrorist group Hamas, despite vetting the school eight times for ties to terrorism, according to a government audit."
Item: de Russy provides still more evidence of the progressive-liberal/Nazi link:
"Norman Finkelstein, a critic of Israel who resigned last year as a political science professor at DePaul University, met this week with a senior official of Hezbollah in south Lebanon.
"Although the U.S. government has labeled Hezbollah a terrorist organization, Finkelstein portrays the group as standing for “hope.”
"...In the past, Finkelstein has maintained that some Jewish groups have exploited the Holocaust for political and financial gain.(AP)"
De Russy consistently demonstrates excellence in blogging. Please, please keep up the good work, Candace. We love you even if our drooling governor showed you the door.
Item: Michael Bloomberg, the INO (independent in name only) presidential candidate, contributed $200 million to the Johns Hopkins School of Public Health, which has just produced a fraudulent report concerning the Iraqi War. Undoubtedly, the Mayor's affiliation with the public health school contributes to his interest in progressive-liberal health fascism. De Russy notes that Bloomberg remarked that the Johns Hopkins researchers “are just some of the great, honest academics, the most talented academics around". Rumor has it that Mayor Bloomberg made similar remarks when he awarded a large pay and retirement bonus to a school principal who, it turned out, had falsified the test results for which he had rewarded her.
As well, de Russy notes that George Soros may have funded the bogus Johns Hopkins story.
(Also see discussion in Dan Stover's Northern Alliance Wannabe Blog.)
Item: de Russy deconstructs the motives of Columbia University, the politically correct institution that refuses to pay taxes on the large number of New York City properties and the the trust fund that it owns, even as its left-wing faculty argues for higher taxes. According to the Chronicle of Higher Education, in 2006 Columbia's tax-exempt endowment totaled $5.9 billion and earned a return of 14.4% or $840 million, enough to provide all of its students with free tuition (24,000 students x $35,000 tuition = $840 million).
Academics claim that they care about the poor, minorities' rights and the oppressed. But instead of using its endowment to provide education to its students, or to provide much needed job training and remedial education to the large number of minority poor people in its community, Columbia utilizes the services of Mayor Bloomberg to indulge in private use eminent domain, aiming to loot land from the people of Harlem, throwing the poor on the streets to benefit its progressive-liberal faculty, which advocates taxing others to benefit themselves.
De Russy quotes the New York Sun, which notes that Columbia is busily reinforcing its progressive-liberal credentials:
"'Virtual empires benefiting private interests — secured through government force — are springing up especially across New York City,'” notably, at Columbia University, which 'seeks land that rightfully belongs to its West Harlem neighbors so it can expand its campus.'"
I can't wait until Mayor Bloomberg becomes president so that politically connected swindlers will have access to land from Peoria to Pennsylvania.
Item: de Russy blogs about Major Stephen Coughlin, the Pentagon analyst who has been fired "for his politically incorrect but “hard-to-refute views on the relationship between Islamic law and Islamist jihad doctrine." Let us hope that the Pentagon's resort to political correctness will be rectified.
Item: de Russy notes that:
"The president of Al-Quds University in Jerusalem, Sari Nusseibeh, made anti-Semitic remarks during a rant against the presence of Jews in any future Palestinian state. Al-Quds has partnered with several American and Canadian universities to offer programs, classes, and research opportunities. These schools include the University of Michigan at Dearborn, Northeastern University, York University in Ontario, Brandeis, and George Washington University. Al-Quds also receives U.S. government support."
Here is one more nail in the coffin of Alan Colmes's argument that progressive-liberals aren't really Nazis. Of course, they are, Jonah Goldberg. Of course they are.
Item: de Russy notes that the Anti-Racist Blog has:
"obtained a series of e-mails promoting a despicable campaign to de-legitimize Israel on college campuses across the United States that will be waged in the coming months. As you will see, anti-Zionist conspirators from student groups such as MSA, and SJP are preparing for a coordinated and unprecedented nationwide assault on the Jewish State and its supporters."
Here is yet one more nail in the coffin of Alan Colmes's argument that progressive-liberals aren't really Nazis.
Item: de Russy notes that there has been a proposal for a Russell Kirk University.
I hope that they have a business school!
Item: de Russy notes that:
"John Yoo, a Yale Law School graduate who served at the Justice Department, has been sued by convicted terrorist Jose Padilla, who is being represented by lawyers at Yale. As the editors of the Wall Street Journal observe, “Perhaps if Mr. Yoo had decided to pursue a life of terrorism, he too could be represented by his alma mater.”
I guess when they're not stealing land from poor African Americans, universities keep themselves busy by harming their alumni!
Item: de Russy notes an Anti-Racist Blog recount of a Chicago Tribune story by Jim Tankersley which mentions that:
"U.S. government officials authorized giving nearly $1 million in foreign aid to a Palestinian university with links to the terrorist group Hamas, despite vetting the school eight times for ties to terrorism, according to a government audit."
Item: de Russy provides still more evidence of the progressive-liberal/Nazi link:
"Norman Finkelstein, a critic of Israel who resigned last year as a political science professor at DePaul University, met this week with a senior official of Hezbollah in south Lebanon.
"Although the U.S. government has labeled Hezbollah a terrorist organization, Finkelstein portrays the group as standing for “hope.”
"...In the past, Finkelstein has maintained that some Jewish groups have exploited the Holocaust for political and financial gain.(AP)"
De Russy consistently demonstrates excellence in blogging. Please, please keep up the good work, Candace. We love you even if our drooling governor showed you the door.
Thursday, January 17, 2008
Optimism Abounds
The Campbell Apartment at Grand Central Station.My good friend Cortes DeRussy is optimistic about our economic future. In contrast to my pessimism over drinks and dinner two nights ago at the Campbell Apartment at Grand Central Station and Cafe Centro in the MetLife Building, Mr. DeRussy sent me the following quote from Alex Tabarrok writing in Forbes:
"People used to think that more population was bad for growth. In this view, people are stomachs--they eat, leaving less for everyone else. But once we realize the importance of ideas in the economy, people become brains--they innovate, creating more for everyone else.
"New ideas mean more growth, and even small changes in economic growth rates produce large economic and social benefits. At current income levels, with an inflation-adjusted growth rate of 3% per year, America's real per capita gross domestic product would exceed $1 million per year in just over 100 years, more than 22 times higher than it is today. Growth like that could solve many problems."
The Campbell Apartment and Cafe Centro illustrate free market change. The Campbell Apartment had been built as John W. Campbell's office and reception hall in Grand Central Station in the 1920s. Now it is a public bar and reception hall. Cafe Centro used to be Pan Am's airline ticket office. Now it is an excellent restaurant.
But is there reason for optimism? The past 40 years have seen the Fed's unrelenting expansion of the money supply despite reputed monetary policy change*; an increasing addiction to publicly manufactured credit; and virtually no movement toward repeal of the Progressive and New Deal regulatory regime. While liberals have mostly won on free trade, there is a strong impulse to revoke the gains and even stronger resistance to further progress. On balance, liberals have been successful on trade but failures with respect to money, permitting the Federal Reserve Bank to reallocate real resources in debtors' interest, in turn causing income inequality that the progressive-liberals now emphasize in agitating for additional taxes and regulation. Yet there is little movement toward further deregulation. The reason for lack of public debate about monetary inflation, which has caused serious disruption in countries like Germany, may be interest group capture of the Republican Party. The nation is reaching a stale mate. Future progress will require new strategies.
The US has been able grow, but there is no guarantee that growth can continue. How much misallocation is too much?
In New York, Mayor Michael Bloomberg has conceptualized a new scope for government regulation: personal wellness and fitness. Nationally, the emphasis is on adding environmental regulation. There is no impulse this year to discuss elimination of the massive waste in government in areas like the department of education.
Like Mr. DeRussy, David Boaz, head of the Cato institute, is optimistic. In response to my blog this morning on Mugwumps and libertarian strategy Mr. Boaz writes:
"I think Bill Niskanen would disagree with your suggestion that libertarians and conservatives haven’t had any effect. A couple of years ago he wrote, 'after a decade or so of gestation, almost all of the major economic policy proposals made during the past 30 years originated on the libertarian right'."
While I do not doubt that Messrs. Boaz and Niskanen are correct (and the Cato Institute has certainly been a crucial voice for reform), the reason is in no small part the Democratic Party's incompetence, with a resulting dearth of ideas. Naturally, the few good ones have come from the libertarian right, Milton Friedman and the Cato Institute.
Michael Cannon, director of health policy studies of the Cato Institute, also kindly responds to my blog. Mr. Cannon writes that the repeal of all campaign finance laws and instant-runoff voting are two changes that could improve libertarians' voice. He also notes a second Cato article by William Niskanen who 18 months ago offered the same idea that I proposed yesterday (although the Mugwumps beat Mr. Niskanen by 122 years):
"Increased outrage about the state of American politics and the prospect for a larger number of close elections increases the potential effectiveness of a different libertarian party — one that sometimes endorses one or the other major party candidate but does not run a party candidate for that position."
"The Libertarian Party’s efforts to promote their policy positions by running Libertarian candidates is counter-productive when they reduce the vote for their favored major party candidates. A disciplined group that is prepared to endorse one or the other major party candidate in a close election, however, can have a substantial effect on the issue positions of both major party candidates... conditions must be met to achieve this effectiveness...This is a strategy to increase the approval of libertarian policy positions rather than the usually counter-productive effort to increase the number of votes for Libertarian candidates. Maybe it is better to term the organization that I have described as a libertarian political action group, not a libertarian party."
Mr. Niskanen's idea is similar to what the Mugwumps did in the 1880s. It is true that there have been some policy successes, and perhaps I am unfairly pessimistic.
But where is the liberal momentum in this year of increasing inflation and monetary instability?
*Despite considerable PR about monetary targets, the inflation rate since 1979 has averaged 3.7%, considerably higher than it was before the establishment of the Fed in 1913. The 3.7% inflation rate may be understated because of exclusion of home purchase prices. At the same time, several foreign governments have acquired dollar denominated assets each equaling the total US money supply of $1.4 trillion.
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