Monday, 16 April 2012

Bobby Jindal's School Vouchers

Governor Jindal's vouchers will not only help kids to get a better education, it will also reduce the income disparity that the liberal elite keeps talking about. The same rich elite sends their children to private schools and top universities. However, they force poor kids into dead-end, dysfunctional public schools and middle-class kids into underperforming public schools; preventing them from getting admission to the top universities. And all that while constantly complaining about the 1% and income inequality. President Obama is the best example. He did away with the vouchers in Washington, DC. Lets abolish the Department of Education!

The FDA Bureaucracy Kills

Are we a free country when the government decides what medications we can buy?  Why can't doctors and patients make their own decision based on the the risks involved?  Does the FDA's need police power over the Medical and Pharmaceutical Market?  Why not  restrict it to control over labeling and an advisory function on effectiveness and risk factors.  The label for new drugs could say: "Experimental - Take at own risk, not approved by the FDA".  Why is a dying person not allowed to use any experimental drug they want to try?   The FDA's police Power has gone to its head and according to the Life Extension Foundation, it is often acting like the Gestapo when raiding doctors offices or drug manufacturing facilities under suspicion of using unapproved products or procedures.

Sunday, 15 April 2012

Buffett Tax will not produce any new revenue

Fairness at a price - less revenue?  Since the Buffett Tax is really a capital gains tax increase from 15% to 30%, it will actually reduce federal tax revenue.  In 1986, we increased the capital gains tax rate from 20% to 28% and the revenue collected went down from $50 billion to $25 billion over the following 5 years.  Conversely, every time we reduced the capital gains tax, revenue went up.  See "The Obama Tax Soup"  WSJ 4/9/2012

Saturday, 14 April 2012

Poverty: Addressing the Symptoms vs. the Cause

Give a man a fish and he will have food for a day.  Teach a man how to fish and he will have food for the rest of his life.  Teach a kid how to fish and he/she will feed the world.
                                                                                                      Big Brothers

Why does our political elite insist of just feeding and housing the poor, but neglect their education?  They want to create dependency, an underclass constituency that gets them re-elected over and over.  If we want the underclass to break free from what Star Parker calls Uncle Sam's Plantation, we need to provide the same private education, the kids of the Washington Elite enjoy, to everyone.  Give every kid a voucher for the full cost of public education.  Then the now clueless underclass will join the middle class and no longer vote for these parasites.

Privatise Airport Security

The Transportation Security Administration (TSA) bureaucracy has taken on a role that private contractors can fulfill more effectively at lower cost with a more traveler friendly attitude.  San Francisco (SFO) is a good example of that.  The most effective role for the TSA would be quality control of private contractors working for the airport or the airlines.  In other words, the private security employees would do the screening and the TSA would do frequent audits to test that no weapons or bombs get through.  This would not only improve the airport environment, but it would also allow for innovation in screening and detection methods.