Monday, February 16, 2009

Attack on Free Speech in Los Angeles...

Jonathan Lopez, a student at Los Angeles City College, was in the process of giving a speech in a speech class when he offered his opinion that, based on his religious beliefs, marriage should be reserved for heterosexuals. He was cut off by the instructor, who justified his actions because two students were 'upset.'

Ooh, poor babies....This is COLLEGE folks...people dont lose their right to free speech when they walk in the doors of a college! (And for those who suggest this was 'hate speech,' save your breath. There is no such thing. That speech which is MOST offensive is precisely that speech the first amendment is meant to protect.

As the the American Civil Liberties Union (ACLU) stated in its Dec. 31, 1994 paper "Hate Speech on Campus" :

"The First Amendment to the United States Constitution protects speech no matter how offensive its content. Speech codes adopted by government-financed state colleges and universities amount to government censorship, in violation of the Constitution. And the ACLU believes that all campuses should adhere to First Amendment principles because academic freedom is a bedrock of education in a free society...

Where racist, sexist and homophobic speech is concerned, the ACLU believes that more speech -- not less -- is the best revenge. This is particularly true at universities, whose mission is to facilitate learning through open debate and study, and to enlighten. Speech codes are not the way to go on campuses, where all views are entitled to be heard, explored, supported or refuted..."


Lopez, is appropriately, suing.

Bishop Robinson and Gay Marriage in NH



This past Sunday Bishop Gene Robinson officiated at my home parish, St. James Episcopal Church in Keene, NH. It was the first time I had met the man, and he proved to be everything his supporters claimed, and more: warm, scholarly, humorous, articulate, spiritual...I am proud this man is my Bishop.

Afterwards, we had some time to chat with him. He had recently testified before the NH State Legislature concerning the issue of marriage...and, just as I had suggested in my own testimony several years ago, he asked for a seperation of the civil 'rights' from the ecclesaistical 'rites.' In other words, he asked the state to grant 'recognition' (and you can use any word you'd like for that) to any two people desiring state recognition, while the churches would issue their own blessings (or not) based on their own traditions and canons. The distinction between the civil and the ecclesiastical is precisely what I have been arguing for all along here.

We forget that two different processes are happening because they 'collapse' into one at most wedding ceremonies. The Bishop has proposed that churches within his diocese lead the way for making this clear: He has suggested that a Justice of the Peace perform the 'civil' ceremony at the back of the church for all couples (gay or straight), and then have the couple proceed to the altar area where the ecclesisastical rites are engaged.

Makes a heck of a lot of sense to me.

Saturday, February 14, 2009

"Stimulus."


$13.00 tax cut per paycheck.

Spending bill cost, with interest: $17,000 per person.

YOU do the math.

Monday, February 09, 2009

Michael Phelps...what I wish he would have said...



So Michael Phelps was caught by some moron with a camera taking a hit of pot at a party, and felt it necessary to broadcast it to the world. Kellogg's acted in predictable knee-jerk, Neo-Puritan fashion and dumped him from their ads (3 Cheers for Subway, who's keeping him). And As equally expected, Phelps issued the expected apology, complete with phrases like , "regrettable,” “youthful,” "inappropriate,” and “it will never happen again."

Here's what i would have liked to have heard him say:

"Dear Muckraking Hypocrites in the Media,

Go to Hell. Yes, I smoked some pot, just like a majority of the generatiion currently writing about me did. Yes, I inhaled a substance that Presidents and Corporate Executives and Policemen and Politicians of all stripes before me have. Yes, I used a substance that is demonstrably less dangerous to anyone than liquor, which is legal in all 50 states and a multimillion dollar industry for both the private sector and the government that feeds off of its taxes.

I did not apply for the position of "role model," and did not ask to be under your microscope. I worked my ass off, and did what no other athlete before me has done, and you loved it and made it 'your own' because I was on 'your team,' even though your only contributon was to sit on your fat asses and watch the television.

Of course, you delight on creating drama, in elevating heroes to God-like stature, and then pulling them down in the excitement of scandal. It's a time-honored American tradition to provide fodder for the intellectually-challenged who thrive on gossip to titillate them while they down grease-soaked fries and make excuses for their mediocrity.

Yes, I smoked pot. Go find some other item of equal importance to fill the pages of your news magazines...like aliens abducting Oprah's secret twin or something..."

Yeah, I'd like to see someone take a swat at a public and a media that insists on crucifying its heroes, that loves the bloodlust of pulling down the great. Maybe, someday, someone will tell us to go to hell - and it will be overdue and well-deserved.

Thursday, January 29, 2009

Obama's Stimulus: in the end, a disappointment that will make matters worse.




(Actual picture of a woman heating her home with a wheelbarrow of Deutschmarks. The German financial collapse that precipitated WW2)

When the new White House first let glimpses of the Stimulus Plan out to the media, I was cautiously optimistic: the cornerstone appeared to be tax cuts and spending on infrastructure. Tax cuts always help (if they are across the board and accompanied by spending cuts); investing in infrastructure is a tool that has long-term benefits and payoffs in terms of more efficient movement of goods and services throughout the economy.

My hopes have faded into nothing. Less than 5% of the bill is for highways and bridges

What has emerged is a free-spending "give-away" that will cause more harm than good. The $800-$900 billion spending pacakge will actually cost an additional 347 billion in interest alone according to the Congressional Budget Office.

The largest single chunk of these funds - $252 billion - is for "transfer payments" - $81 billion for Medicaid, $36 billion for expanded unemployment benefits, $20 billion for food stamps, and $83 billion for the earned income credit for people who don't pay income tax. While this may sound "good" because it helps poor people who are struggling, it is still a one-time dumping of money that is not going to create jobs, increase employment, or ramp up our GDP. Bush tried thsi twice with no effect.

You may argue that in this economy, helping those in need is a worthy end in itself: but at what cost? Obama claims that 95% of Americans will get a tax cut as a result of this Stimulus Package. But the reality is that we are not getting free money from the government: we will be getting money that the US Government is going to borrow, and then we will have to pay it back with interest. In other words, Uncle Sam is forcing us to take out a loan, and forcing us to repay it, whether we like it or not. It is not a give-away, although it will appear that way.

We are not in a Liquidity (credit) Crisis. We are in an Over-Indebtedness Crisis, which has resulted in a liquidity problems, and this will exacerbate the problem. How many times can you shore up a collapsing dock with duct tape and baling wire before the entire structure collapses?

When inflation hits - and it will - we will be in worse shape than ever. If losing 40% of your 401K is bad (which is what happened to many of us in the last year), think how bad it will be when those funds can't even cover the cost of a used car.

Saturday, January 24, 2009

Spending vs. Saving: Washington's attempt to cure a Hangover with more Booze




The current economic recovery proposal before Congress is a mixed bag, and attempts to use Reagan's formula: marry Supply-Side tools (which appeals to Republicans) with Fiscal Policy Tools (appealing to Democrats) in order to forge a grand coalition to pass the legislation.

Fiscal Policy liberals have traditionally relied on spending borrowed government money like a drunken sailor. The idea is that if the government spends money on projects, it will employ people, putting money into their hands, and enabling them to purchase goods...which in turns increases factory orders, and increases employment. The problem with this, of course, is that when government borrows money, it borrows from HUGE institutions that have HUGE amounts of dollars to lend: Credit Suisse, Lloyds of London, China, the House of Saud, and other wealty entities. As American citizens pay the interest on these borrowed funds (now amounting to 20 to 25 cents per tax dollar paid), we transfer our wealth from the American citizens to these huge institutions.

Supply Siders have traditionally felt that the way to stimulate the economy is to help businesses directly, the notion being that these businesses can then afford to hire people, pay them, and kick-start the economy from the business side.

Thus, investing in infrastructure improvements appeals to both sides: Fiscal Dems love spending money on projects, and Supply Side Reps like making the transportation of goods and services less expensive for business. Hence, Obama's initiative in investing in Infrastructure.

Meanwhile, both sides are negotiating tax cuts, tax rebates, and money giveaways for consumers and small businesses.

Now...I am 100% in favor of tax cuts, too. But the problem here is that Washington is favoring tax cuts for all the wrong reasons.

Current thought is that if "the people" have more of their own money, they will spend it freely, thus stimulating the economy. But this is like attempting to cure a hangover by encouraging the drunk to drink more alcohol: yes, it may deaden the pain, but it doesnt cure the problem, and in fact, only makes it worse.

For years, "savings" has been a dirty word to Fiscal Keynesians. In fact, in economic jargon, they call savings "leakage," because it represents buying power that 'leaks' from the economy.

Let me suggest that one of the root causes of our current problems is the attitude that consumers must buy more, more, more and not save.

Consumers, with the encouragement of Washington politicians and the Federal Reserve, have purchased homes and cars on credit, with reckless disregard to their ability to repay. During the recent credit crunch, a spokesman for Detroit actually cried, "People can't get loans to finance cars!"

And just when did the ability to get a loan become an inalienable right?!

People have bought beyond their means, used credit unwisely, and bought into the 'buy-buy-buy' notion. The average American now spends more than they earn each year.

Yes, we are in a recession. Yes, it is deep, and will get deeper still. Yes, it's going to hurt. But it's not unprecedented: we have had 26 recessions in the last 150years. It is a naural downturn in the business cycle. Rather than insisting that Americans continue to drink at the well of non-stop consumption, it is time for us to bear the hangover and come out stronger.

It is time to begin saving again for our futures.
Time to increase pre-tax 401 K contribution limits.
Time to make Pre-Tax Medical Savings Accounts available to ALL Americans, not just the self-employed and government workers;
Time to value savings and individual nest-eggs over constantly spending and then asking the government for help when the funds run out.