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China
Mar 28 2015 - Investor's Business Daily by Arthur Herman
Anyone wondering why foreign direct investment in China keeps declining — down last year at the sharpest rate since the 2008 financial crisis, according to the Financial Times — needs to look no further than the Beijing government's invidious treatment of foreign companies trying to do business there.
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News / Government / Forms of Government
Democracy
Mar 28 2015 by Bill B May, PhD
DEMOCRACY
Yesterday, I proposed an addition to the Constitution which read: Government shall never violate the liberty of a person or any organization of people except to resolve a conflict of liberty between people and their organizations. In that process, it shall only violate the liberty of one or both of the parties in that conflict in order to settle the conflict. It shall not violate the liberty of any party not involved in the conflict. Liberty is defined as the freedom to do what you want as long as you don't violate the liberty of any other person or organization.
I got one response which said: One of the beauties of the bill of rights, is its brevity. Be concise my friend. I think my friendly reader didn't realize that my proposal in total is the above dictum. It may take a lot of words to explain it but that is it. It is that simple. And it covers most of the Bill of Rights.
Today, I explain that that my proposal needs some entity to resolve the conflicts of liberty, both between citizens and between our nation and others that want to take away our liberty. I haven't thought of a good name for that entity so we will use government, which I don't really like. Why, because government implies that people are governed, or ruled. That's in opposition to the concept of liberty. Perhaps readers can come up with a better name.
But this "government" must exist in order to resolve the conflicts of liberty and to enforce them. Within our country, that is the justice system to include our police, our courts and our jails. It is the State Department to hopefully resolve potential conflicts between countries before they become a violation of liberty; and it is the Defense Department to counter any violation of liberty.
My proposal is not anarchy; quite the opposite. It is those portions of government that we have today tasked to stop the violence that might erupt from anarchy.
Once we have this "government", it will need to be controlled. Government–like organizations that have no checks and balances soon turn into tyrannies. Here is where democracy or the concepts of a republic reenter the picture. I'm not going to continue to argue the differences between the two; it seems to me that one way or another, elections must take place to elect leaders of the specified functions and I'm going to call that democracy. Those elected are subject to an iron–clad rule that says they shall never violate the liberty of a person or any organization of people except to resolve a conflict of liberty between people and their organizations.
So we elect people to oversee the justice portions of government and the defense portions. That's it. All of the other departments of government go away. We will later show that in one way or another, those other departments violate the liberty of the people, at least some of the people. Maybe we still need a Chief Executive (President) but the powers will be so minimal that many capable individuals could qualify. Largely, the elected representatives and the President must decide how much to spend on each of the two main segments. Hopefully, most of the expenditures in the Justice system will happen at lower levels of government, closer to the users of the service and the taxpayers. The President then would mostly lead the international relations aspect. Even that function will be greatly reduced as it is mostly impossible to argue that foreign aid, for example, resolves a conflict between countries. And it surely is a violation of the liberty of many taxpayers who don't believe in the concept.
I will continue to explore the ramifications of my proposal in future Parts.
Previous Parts: Part I, Part II, Part III, Part IV and Part V.

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News / Government / Regulation
EPA
Mar 29 2015 - Town Hall by Ilya Shapiro
The Supreme Court heard arguments on Wednesday in Michigan v. EPA, asking whether it was unreasonable for the Environmental Protection Agency to ignore costs in determining the appropriateness of regulating mercury emissions from power plants. The EPA’s proposed regulations are expected to cost the coal industry a whopping $9.6 billion, but only offer a meager $500,000 to $6 million in public health benefits.
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News / Government / Politics
Political Miscellaneous
Mar 28 2015 - Investor's Business Daily
Harry Reid: The Senate minority leader says he's retiring when his current term is up at the end of 2016 and is being lauded for his decades of public service. But we don't think the fulsome praise is warranted.
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News / Government / Politics / Leaders and Politicians
Hillary Clinton
Mar 29 2015 - Red State by streiff (Diary)
you'd think an elderly harridan and grandmother would find lower risk hobbies
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News / Government / Politics / Foreign Affairs / Foreign Policy
Foreign Policy
Mar 29 2015 - Everything Oregon by NICHOLAS KRISTOF
There are parasites of all kinds in poor countries.
Editor's Comments:
Interesting article about corruption. But Kristoff wants companies to regulate that corruption. That is stupid as that is not the company's job. Why not your favorite John Kerry and your favorite UN? bbm
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News / Economics
Deflation
Mar 29 2015 - Ludwig von Mises Institute by John P. Cochran
The Fed is seemingly slightly out of step with other central bankers as it recently hinted at possible future rate hikes in the official announcement following its March 20, 2015 meeting. But as many commentators have recognized, Janet Yellen, a strong proponent of Keynesian more–inflation–as–cure–for–unemployment policy, later downplayed the significance of the announcement. She was careful to indicate that rates would stay low for the near future and when (and if) rate increases begin, they will be measured. The Fed, like central bankers elsewhere, stays committed to a 2 percent inflation target as it continues a policy driven by a fear of deflation, a fear that is not supported by either good economic theory or economic history properly interpreted.
The economy
Mar 28 2015 - Investor's Business Daily by SEN. DAN COATS AND REP. KEVIN BRADY
As chairman and vice chairman of the bicameral Joint Economic Committee (JEC), we are tasked with evaluating the recommendations of the annual Economic Report of the President, which Council of Economic Advisers Chairman Jason Furman recently testified in defense of before the JEC.
Mar 28 2015 - The New York Times by Paul Krugman
Two impossible things happened to the U.S. economy over the course of the past year — or at least they were supposed to be impossible, according to the ideology that dominates half our political spectrum. First, remember how Obamacare was supposed to be a gigantic job killer? Well, in the first year of the Affordable Care Act’s full implementation, the U.S. economy as a whole added 3.3 million jobs — the biggest gain since the 1990s. Second, half a million of those jobs were added in California, which has taken the lead in job creation away from Texas.
Editor's Comments:
Nutty Krugman is at it again. California got jobs because of High Tech which liberals haven't been able to strangle yet with regulations. Then he blames on the housing bubble on Bush when it in fact it was his Democratic friends that pushed the rules so that unqualified borrowers could have a house. Then their bubble burst. And he whacks Ronald Reagan, 18 years of great economic growth under Reagan policies, that were followed by Bush I and Clinton. We haven't even got back to those levels with Obama, let alone had any real growth. bbm
Economics
Mar 28 2015 - News Balance by Antony P. Mueller
All Keynesian roads lead to stagflation. That was the case in Europe and in the United States in the 1970s when both stagnation and inflation hit the economies at the same time. Currently, this is the case in Brazil.
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News / Economics / Government Economics / Budget and Deficits
Budget
Mar 28 2015 - Investor's Business Daily
Fiscal Policy: It says a lot about Washington addictions that when Republicans passed their budget resolution after 18 hours of debate Friday, Democrats and media began howling over "deep cuts" in social spending.
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News / Economics / Government Economics / Taxes
Corporate Tax
Mar 28 2015 - Investor's Business Daily by JED GRAHAM,
For years, President Obama has been a cheerleader for corporate tax reform, calling for a cut in the 35% statutory rate to 28% without raising the deficit.
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News / Violence / Violence-Axis of Evil / Iran
Iran's nuclear programs
Mar 28 2015 - Washington Free Beacon by Adam Kredo
Limited options for Congress as Obama seeks to bypass lawmakers
Mar 28 2015 - Investor's Business Daily
Iran: The U.S. is giving away the store, the farm and the kitchen sink to Tehran while the terror regime retains nuclear bomb–making capability. For President Obama, a fabricated legacy trumps security.
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News / Violence / Violence-Extremist Muslims
Our Own Hundred Years? War
Mar 28 2015 - Front Page Magazine by Daniel Greenfield
The first school I ever attended had heavy steel doors behind which lay a narrow corridor and a window of bulletproof glass. The next set of steel doors could only be opened by the former Israeli commando behind the glass. And no one was allowed to enter or leave except on a staggered schedule so that in the event of a terrorist attack not more than a handful of children and parents would be killed.
Mar 28 2015 - Investor's Business Daily
Terrorism: An Illinois National Guardsman sought to fight with Islamic State as his cousin plotted to kill scores at an Illinois National Guard facility. If they had succeeded, would President Obama call it workplace violence?
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News / Violence / Disasters
Price Gouging
Mar 29 2015 - Foundation for Economic Education by DONALD BOUDREAUX
The immediate aftermath of a natural disaster inevitably brings much higher prices for staple goods, such as lumber, batteries, fuel, and bottled water. Just as inevitably, these higher prices are roundly decried as unjust and inexcusable.
Airplane crashes
Mar 28 2015 - The News Tribune by EUGENE ROBINSON
We don’t need to know the political or religious views of Germanwings co–pilot Andreas Gunter Lubitz to call his crashing of a crowded airliner into a mountainside an act of terrorism. And we don’t need any further evidence to recognize a cruel irony: Legitimate fear of potential terrorist attacks apparently made this tragedy possible.
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News / Immigration
Visas
Mar 29 2015 - Town Hall by Debra J. Saunders
The libertarian–leaning me believes an American employer should be able to hire pretty much anyone he or she wants to hire. But the taxpaying me believes that if the federal government limits immigration yet creates a special visa program for highly skilled foreign workers with the assurance that the program will not cut into the wages or jobs of American workers, then Washington ought to keep its promise.
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News / Welfare
Welfare and children
Mar 28 2015 - Investor's Business Daily by MICHAEL BARONE
Our kids, at least many of them, are not doing very well.
Mar 28 2015 - Investor's Business Daily by CATHERINE RAMPELL
Many older Americans may not like — or at least empathize with — Kids These Days. But there are selfish reasons to spend more taxpayer money on the young all the same.
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Lifestyle / People and their Relationships
Women's issues
Mar 29 2015 - uexpress by COKIE ROBERTS AND STEVEN V. ROBERTS
As Women's History Month wraps up at the end of March, there's something we want to know: Why should half of the human race be relegated to one month a year? Especially in American history, where we have molded our Founding Fathers into deities of bronze and marble, it's important to consider the perspective of the distaff side in order to get a more accurate, not to mention more lively, understanding of the shaping of our society.
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Lifestyle / Race Relations
Black issues
Mar 28 2015 - Town Hall by Carl Jackson
What if it's not injustice that has led so many blacks across America to feel disenfranchised? What if it's judgment?
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