Regnery Publishing, 256p, 1981, 2012
Reviewed by Daniel Brinkman -
When challenging Ronald Reagan in 1980 for the Republican nomination, George H W Bush leveled a charge against the idea of cutting taxes to stimulate economic growth calling it, “voo-doo economics.” It is a charge that has been repeatedly leveled at it since. As predictable as that line is, you can just as likely expect a lame ‘shrug of the shoulders’ defense of the free market capitalist system, usually spiced with some paraphrased version of the Churchill line “it’s the worst form, except for all the others.”
CHICAGO - Conservative philanthropist Dick Uihlein donated $100k to support Alabama Republican Roy Moore's special election bid for U.S. Senate, and Illinois Dems and liberal media are up in arms.
Moore, who faces liberal pro-abortion Democrat Doug Jones in a December 12 election, has been accused by several women of aggressive sexual advances when the women were minors. Moore denies the allegations.
Uihlein gave over $2 M to elect Illinois GOP Governor Bruce Rauner in 2016 and is now heavily funding Dan Proft's Liberty Principles PAC with $2.5 M thus far in 2017 to elect conservatives next year to the Illinois General Assembly.
Photo from Univision news broadcast
CHICAGO - A Chicago area bakery lost one-third of its workforce during immigration raids in June and July this year that has cost them over $21 million, ARYZTA Bakery's 2017 report shows.
The bakery, which makes hamburger buns for McDonald's and other vending machine companies, says the recovery is taking a long time. They are being forced to increase wages in order to get the staff back up to the 2500 plus level.
By Adam Andrzejewski -
Many pundits describe the Ivy League as “a hedge fund with classes.”
They are right, and Congress seems to agree. House and Senate Republicans are proposing a new 1.4 percent tax on endowment income for America’s richest private colleges - including the eight Ivy League schools.
Harvard President Drew Faust fiercely opposed the tax, claiming the school’s endowment is “at work in the world” not “locked away in some chest.” But Faust isn’t complaining about the largesse the Ivies receive from the federal government even though the Ivies have amassed an enormous endowment.
During the spring, we released our OpenTheBooks Oversight Report: Ivy League, Inc. that showed how $42 billion in U.S. taxpayer subsidies, special tax-breaks, and Federal payments (contracts and grants) went into the eight Ivy League colleges during the past six years. In our comparison of federal contracting and grant payments, the Ivy League outranked sixteen state governments as a recipient of funds – despite amassing a $120 billion endowment.
Abstinence & Marriage Education Partnership (A & M) held its Annual Banquet, Friday, November 16, 2017, at The Cotillion Banquets in Palatine. The theme was "Lifting Up the Truth." 500 were in attendance.
The mission of A & M is to ensure that every teenager in the country has the opportunity to hear a clearly reasoned, positive presentation on the benefits of abstinence until marriage and also instruction on preparing for a healthy future marriage.
It’s been a decade since the financial crisis. Since then, Illinois has garnered a name for itself as one of the worst locations to do business in the country among American CEOs.
Development Counsellors International asks hundreds of corporate executives every three years what they think of each of the 50 states. The three surveys since 2008 have seen Illinois’ standing fall to nearly the bottom of their rankings in places they would choose to expand their business.
DCI President Andy Levine says the state was once much better regarded but no more. Illinois had only shown up once among the worst states before the recession. In the three reports since – 2011, 2014, and 2017 – the state placed firmly in third.
At most, 34 percent of the executives asked said Illinois was worse than California and New York. The two coastal states have traded first and second place for two decades, largely due to their high costs of living and tax burdens. In 2011, nearly a quarter of those asked thought Illinois was the worst state in the country to do business. The next two surveys saw 34 and 20 percent of CEOs of the same opinion.
Why would an Arab Muslim serve in the Israeli military? Because he, like many Israeli Arabs, proudly defend the nation that has given them freedom and opportunity. Mohammad Kabiya, Israeli Air Force reservist, shares his remarkable story.
“…'The state has to tackle the debt,' Jameson said. 'The exodus of people and businesses now making their way out of Illinois shows that our tax base is being eroded. We need to be increasing our tax base, not the rate we’re all being hit with.' …”
An opportunity for high-tax states. If the state and local income tax deduction (SALT) is eliminated—which tax reform plans currently before Congress do—taxpayers in high-tax states could face higher tax bills despite lower federal rates. Illinois is one of those high-tax states, and the solution, says the Illinois Policy Institute, is for state lawmakers to lower taxes:
Illinois is already experiencing capital flight. According to Internal Revenue Service data, Illinois is already losing higher-earning residents to out-migration. A consequence of these outflows of labor and capital is state tax revenues suffer as the tax base shrinks. This exodus has had disastrous effects on the state’s budget. Eliminating the SALT deduction would only make this trend worse – as the full effect of Illinois’ high state and local taxes is truly felt.
Have you read The Washington Post lately? If so, you probably read about how we here at The Heartland Institute are a “fringe” group of global warming deniers working behind the scenes to push President Donald Trump’s administration ever farther to the right. They depicted our November meeting in Houston, Texas, as full of activists unhappy with the Trump administration’s progress on undoing liberal climate policies. Nothing could be further from the truth.
By Nancy Thorner & Bonnie O'Neil -
American patriots are calling the activities of Organizing for America treasonous. That is a heavy accusation worth exploring for facts and accuracy, which is the intent of this article. Organizing for Action (OFA), was founded by leftist Democrats to help President Barack Obama promote an agenda that does not align with that of our forefathers. One of their first goals was to question America's long-held opinions on important issues with which they disagreed and to thus promote changes to our established laws and historical concepts. They succeeded in many of their goals by using the power of the presidency and specific like-minded media sources to influence and persuade people to their political views.
Inequality was one of their key tools used to promote division among us. They pitted Blacks against Whites and the poor against the wealthy to divide us. They promoted themes of inequality, racism, and police brutality. One would think that after Americans had just elected Barack Obama, a Black man, a majority of Americans no longer could be accused of advocating racial divides. We could bask in the progress America had made regarding racism. Instead, the Obama administration, OFA, and specific media sources sought isolated examples to persuade the public racism remained a major problem in America
Inequality as a tool to promote division
By Steve Goreham -- November 8, 2017
“… new mileage standards will raise vehicle prices and may force the adoption of electric cars. But there is no evidence that the regulations will have a measurable effect on global temperatures.”
“[US EPA] Administrator Scott Pruitt launched a review of the strict mileage regulations from the Obama Administration. It’s long past time for a roll-back of obsolete US vehicle mileage regulations.”
Regulations to reduce fuel consumption and to increase vehicle mileage were born during the oil shock of the 1970s. But within the last decade, the fracking revolution reestablished the United States as the world’s energy superpower.
Are vehicle mileage standards now obsolete?
If you don’t believe in handouts, then you’re not Hispanic, says the Congressional Hispanic Caucus. By rejecting Republican Rep. Carlos Curbelo’s “quixotic mission to join the Congressional Hispanic Caucus,” the organization has merely ratified it’s “ideologically-driven definition of ‘Hispanic’,” writes Mike Gonzalez:
From the beginning in the 1960s, when radical Chicano activists, federal career officials and the Ford Foundation began to strategize on how to synthetically create this now federally recognized group out many different ethnicities, it was clear that a definition of “Hispanic” would be hard to come by. […]
Dropping net neutrality will make the internet truly open. Ajit Pai, chairman of the Federal Communications Commission, has proposed dropping net neutrality rules. Such a move, writes Jeffrey Tucker, will serve consumers far better than the old system:
Net neutrality closed down market competition by generally putting government and its corporate backers in charge of deciding who can and cannot play in the market. It erected barriers to entry for upstart firms while hugely subsidizing the largest and most well-heeled content providers.
Bring the pressure. The Trump administration put North Korea back on the United States’ list of state sponsors of terrorism. That makes sense because North Korea is a state sponsor of terrorism, as Bruce Klingner explains:
Since being dropped from the terrorism list, Pyongyang has conducted repeated cyberattacks against government agencies, businesses, banks, and media organizations. It has also engaged in: threats of “9/11-type attacks” against U.S. theaters and theatergoers; assassination attempts against North Korea defectors, human rights advocates, and South Korea intelligence agents; and numerous shipments of conventional arms bound for terrorist groups Hamas and Hezbollah. Earlier this year, North Korean agents used VX, the most deadly nerve agent, to kill Kim’s half-brother in a crowded civilian airport.
Imagine for a second that you are one of Pennsylvania’s poor. You love your children and work hard to provide the best for them you can. You want nothing more than for them to have a life better than you had, with more opportunities than you were provided and with far fewer struggles than you’ve had to go through. Fortunately for the thousands and thousands of parents living this nightmare, Pennsylvania legislators have the opportunity to do something remarkable for their kids: Give them a way out.
By Tim Huelskamp, Washington Examiner -
According to the National Association of State Budget Officers, Medicaid now consumes 23.6 percent of state governments’ expenditures. Fortunately for state policymakers, there is now an option available to them to help create greater access to high-quality, more-affordable health care without increasing state budgets or the national debt: Section 1115 waivers.
Why should every American stand for the National Anthem? Because the Anthem and the flag represent America, and America is a free nation. That alone is worth standing for. Joy Villa, singer, songwriter, and recording artist, explains.
Should Americans celebrate Thanksgiving as a day of gratitude? Or should they mourn it as a day of guilt? Michael Medved, author of The American Miracle, shares the fascinating story of the first Thanksgiving.
By Mark Glennon -
In the Chicago City Council discussion Tuesday about the budget it passed, Mayor Emanuel was asked what the plan is to deal with big looming pension payment spikes. We have never run away” from doing what’s needed and “when we have to come to that moment…will answer that question.” That’s according to a Tweet by The Bond Buyer’s Yvette Shields.
In other words, he doesn’t have an answer. Nobody does.
Want to be miserable, resentful, and bitter? Few people do, and yet many people are. Why? Because many people have the one primary character trait that leads to unhappiness. And you need to avoid it. Nationally syndicated talk show host Dennis Prager explains.
Is Google open to a diverse array of viewpoints? Or is it an ideological echo chamber? Just ask former Google software engineer James Damore. He was fired for disagreeing with Google's (left-wing) orthodoxy. In this video, James shares his story.
“One thing that’s always amazed me about Newton is how people take care of each other,” said Scott Bierman, who owns PS Realty in Newton with his wife, June. “There was an older guy here recently who was really beloved by a lot of people but he got sick. They raised $68,000 for him in one night. In one night. It’s always really cool to see people come together like that.”
Jonathan Broscious, a pastor at Newton’s New Hope Church, moved to Newton in 2013 after attending school in Pennsylvania and growing up in the Washington, D.C., area. His wife grew up in Newton, and the city’s strong sense of community has made Broscious happy to call Newton home.
Those of us who have been watching politics all our lives have noticed a progression in the way candidates are presented to us, in radio commercials, television commercials, brochures and newspaper articles. We see less and less focus on policies, and more and more pictures and videos of the candidates at parties, at cookouts, at picnics and conventions, often distance shots showing them smiling and laughing and hugging lots of people... to show that they're just the greatest guys in the world... so if we're looking for someone to hang out with... "This is your guy!"
But there's a problem: 99% of us will never go to dinner with our congressmen or senators, hang out with them at the bars, play golf or bridge with them, or spend our holidays or fishing trips with their families. At least 99% of us will never meet them in person at all.
In short, we really DON'T have to like them.
Dr. Paul Jacobs, a House candidate in the 115th district, says a Truth in Accounting report showing the high tax burden on the average Illinois citizen reiterates the same bad news he and his neighbors constituents already know.
“It really gives you a reason to leave the state,” Jacobs told SW Illinois News, adding that people and businesses are already leaving the state in droves because they feel the effects of punishingly high property and income tax rates.
Jacobs is challenging incumbent Terri Bryant (R-Murphysboro) in the Republican primary in March.
By Mark Glennon -
Politicians and the media routinely describe state and local budgets in Illinois as balanced, including Crain's in a recent editorial about Chicago's. That's badly misleading. Governments gush red ink while claiming balanced or nearly balanced budgets. The public should understand that most budgets in Illinois aren't remotely close to balanced under any common-sense approach.
In the phony world of government budget accounting, routine gimmicks include counting borrowed money, asset sales and raids on segregated funds as income. Most important for Illinois and its municipalities, budgets entirely ignore growth in unfunded pension liabilities, which are the primary source of our fiscal crisis.
Over the weekend, wealthy leftists gathered for a secretive conference at the posh La Costa Resort in Carlsbad, California. The event was titled “Beyond #Resistance: Reclaiming our Progressive Future.” The high-dollar fundraising event had donors pledge to give at least $200,000 to approved leftist groups, all for the purpose of opposing Liberty at every turn. Not surprisingly, billionaire George Soros was headlined as one of the featured speakers. Recall that just last month Soros transferred $18 billon — or “the bulk of his wealth” — into his leftist activist arm, and it’s not for charitable purposes.
Other high-profile speakers included several politicians either in person or via video — Sen. Kamala Harris (D-CA), who has been rumored to be preparing for a run for the White House in 2020, Sen. Amy Klobuchar (D-MN), Pennsylvania Democrat Gov. Tom Wolf, Virginia Democrat Governor-elect Ralph Northam, Rep. Ray Lujan (D-MN) and even House Minority Leader Nancy Pelosi (D-CA).
A University of Illinois graduate instructor was arrested for assaulting two students during an anti-Trump protest Thursday, stealing the phone of one student and throwing it on the sidewalk.
Tariq Khan charged the students in a rage after one of them mocked the 39-year-old by asking, “Don’t you have anything better to do? Don’t you have kids?”
After accusing the students of threatening his children, Khan chased after one of them, stealing his phone and hurling it to the sidewalk.
Sticking together is commonplace in the 182-year-old city of Newton, Illinois. “Our community is wonderful," said Roni Myers, owner of local bar MVP Happy Holler. "They will stand by and help anyone who needs it. If someone’s sick, if anyone needs help, people really chip in.”
By George Will -
This state’s story, which lately has been depressing, soon will acquire a riveting new chapter. In 2018 Illinois will have the nation’s most important, expensive and strange election.
Its importance derives from this fact: Self-government has failed in the nation’s currently fifth-most populous state (Pennsylvania soon will pass it). Republican Gov. Bruce Rauner will seek re-election with a stark warning: The state is approaching a death spiral — departing people and businesses suppress growth; the legislature responds by raising taxes; the exodus accelerates.
Rauner, whose net worth earned as a private-equity executive is $500 million, give or take, probably will be running against someone six times richer. The race might consume $300 million — “maybe more,” Rauner says — eclipsing California’s $280 million gubernatorial race in 2010, when that state’s population was three times larger than Illinois’.
There will be an election in Alabama to fill the unexpired US Senate term of Attorney General Jeff Sessions. Unlike most Senate races, since this is a special election, it’s not for a full six years; the winner will only serve for three years – half a term.
Republican primary winner Roy Moore is 70, the same age as fellow politicians Hillary Clinton, Jon Corzine, William J. Jefferson, Tom Daschle, and Carol Moseley Braun. If he should win the race, it’s reasonable to assume this half term is likely all he would serve in the office.
By contrast, Democrat nominee Doug Jones is 63, and considering the differences between the media’s handling of the two candidates, it’s more likely that Mr. Jones could take full advantage of the benefits of incumbency, and stay on for much more than this half a term, should he win the day on December 12.
By Robert L. O’Connell - Random House - 2015
Review by Daniel Brinkman -
During a Presidential review in 1861, a soldier, distraught upon being denied a request for leave, used his unexpected face-time to appeal to President Lincoln, “This morning I went to speak to Colonel Sherman and he threatened to shoot me.” Lincoln stared at him a moment, glanced at Sherman, and finally leaned close to the officer, saying in a stage whisper, “Well if I were you, and he threatened to shoot, I would not trust him, for I believe he would do it!” Laughter erupted and the twice-denied captain slunk away.
By Nancy Thorner -
Do you have self-reflective moments when you are reminded that your days on Earth are limited and thus ponder whether you used your time wisely? Remember sitting in a boring classroom as a young student? It seemed time went by so slowly, but looking back on life as a mature adult we wonder how the years escaped us so quickly.
WASHINGTON DC – Thursday, the House of Representatives voted to pass the Tax Cuts and Jobs Act (H.R. 1), 227-205. Representative Peter Roskam (IL-06), who voted in favor of H.R. 1, also serves as the Chairman of the Tax Policy Subcommittee on Ways and Means and has taken a leadership role in crafting this legislation. Rep. Roskam released the following statement:
Today we took a transformative step to putting an end to the status quo. The status quo benefits the few, it benefits the privileged, and it benefits those at the top of the economic ladder. Today the House voted to reject the old way of doing things and support the most significant tax overhaul in over 30 years that will help hardworking families and small businesses around the country.
WASHINGTON, D.C.— Thursday, the House of Representatives voted in favor othe Tax Cuts and Jobs Act, which would comprehensively reform America’s tax code for the first time since 1986. Congressman LaHood released the following statement regarding his vote in support:
Today’s vote is a big win for the middle class families of Illinois’ 18th district. For the past thirty years, they have seen our tax code get bigger while their paychecks got smaller,” said Rep. LaHood. By passing the Tax Cuts and Jobs Act, the House has taken the first step towards rectifying this, and I was proud to vote in support of it today. Our economy is strongest when the middle class gets to keep more of their money in their pockets, which is why I will continue advocating for a simpler and better tax system as the Senate takes up this process.
LaHood's office explained the vote:
“Our current tax code is over 30 years old and our economic growth is stagnant. Today, I voted in favor of the House’s ‘Tax Cuts and Jobs Act’ to provide tax relief to families, small businesses, and individuals here in IL-16 and across the country, and to give our economy the jump start it so desperately needs.
WASHINGTON DC —Thursday, U.S. Representative Randy Hultgren (R-IL-14) supported passage of H.R. 1, the Tax Cuts and Jobs Act. The legislation included Rep. Hultgren’s bill H.R. 1425, the Bring Small Businesses Back Tax Reform Act, which cuts the overall small business tax rate to 25 percent. Some Illinois companies are paying up to 40 percent in federal taxes.
For too long our complex tax code has confused American individuals and families, nickel-and-dimed small businesses and obstructed job creation and economic growth. It has kept our businesses from growing and adding more workers. This bill provides tax cuts for the middle class, low-income Americans and U.S. businesses of all sizes—from home builders, to contractors, to farmers and small businesses in Illinois,” said Rep. Hultgren. “Comprehensive tax reform is long overdue, and this bill provides significant relief to people in Illinois and across the country. Every time I meet with family-owned businesses and ask them what it would take to hire one more employee, they unanimously state fixing the tax code, among other issues. I am especially pleased the legislation includes my bill, the Bring Small Businesses Back Tax Reform Act, to cut the overall small business tax rate to 25 percent and provide much-needed relief to the engine of Illinois’ economy. I look forward to working with my colleagues in the U.S. Senate to finalize a plan that includes municipal finance tax protections that preserve a key tax tool for funding local and state infrastructure projects like hospitals, roads and bridges. Our goal is a tax code that benefits and works for families, seniors, workers and job creators in the 14th District.
WASHINGTON – U.S. Representative Mike Bost (IL-12) today released the following statement after the House passed the Tax Cuts and Jobs Act:
Southern Illinois’ hardworking middle-class families deserve a break. We need more jobs, higher take-home pay, and greater opportunity to get ahead. The Tax Cuts and Jobs Act is focused on empowering middle-class working families by delivering more jobs, fairer taxes, and bigger take-home pay. For the 78% of tax filers in Illinois’ 12th Congressional District who currently take the standard deduction, you will see an average $1700 more in your pocket after taxes. The Tax Cuts and Jobs Act gives you the breathing room you need to save for college, help raise a family, or prepare for a rainy day. When given the chance, I have no doubt you’ll keep a closer eye on your hard-earned dollars than any Washington bureaucrat ever will.”
Bost's office iisted the following effects with the tax reform bill:
Adam Andrzejewski, the CEO & Founder of OpenTheBooks.com, presents the lunch lecture at Harvard Law School on October 24, 2017 in Cambridge, MA. The theme of Andrzejewski's presentation was "How the Transparency Revolution Can Transform U.S. Public Policy."
Which country has reduced CO2 emissions the most? The United States, of course. From Mark Perry:
Through regulations, subsidies, and steady demonization, President Obama did all he could to destroy the fossil fuel industry. While PresidentTrump promises to reverse that onerous legacy, word hasn’t reached some state and local regulators, public utility commissioners, and utilities. More than 250 coal-fired power plants in the United States have been retired since 2010 and more are scheduled. By prematurely closing coal-powered generation, regulators are imposing billions and potentially trillions of dollars of unnecessary costs on ratepayers.
By David S. D’Amato, American Spectator -
Humankind’s propensity to act selfishly is taken to be an important problem in political theory: an impediment, perhaps, to the utopian dreams of political philosophers. State-organized collectivization is often wrongly believed to provide a way out of the cycle of selfishness, but of course it doesn’t. People remain human, motivated to act according to concrete material incentives, guided by self-interest. And it is natural that it should be so. People want to do what is best for themselves and their families.
Trust in the media is at an all-time low. But should it be? Why do fewer and fewer Americans trust the mainstream media. Investigative journalist Sharyl Attkisson, author of The Smear, explains.
As Betsy McCaughey writes, people got hooked on opiods because they chose to use them, not because they had to use them.
At least three quarters of opioid pill abusers and almost all heroin addicts got hooked without ever having been prescribed pain medication for an injury or illness, according to the National Survey on Drug Use and Health.