THE LIBERTARIAN ENTERPRISE
Number 638, September 25, 2011
"Call it a game of chicken on a global scale."
Flash Editorials September 24, 2011
Special to L. Neil Smith's The Libertarian Enterprise
International: BIG controversy coming to a head about Palestinian statehood. Can't think of a reason why they should be prevented from organizing a new nation, and can't think of a reason why the Israelis and DC should have veto power. Oh yea... I remember now. Washington and Tel Aviv don't like Hamas leadership, even though Hamas was lawfully elected to office. Perhaps if the Palestinians got statehood, they would stop trading mortars and rockets with Israel. And before Washington labels Hamas "terrorists," let's ask Iraqis, Afghanis and Pakistanis who THEY consider the top terrorist nation in the world. And could somebody in the damn earth remember that PM Yitzhak Rabin, PM Ariel Sharon and Foreign Minister Moshe Dayan were all considered terrorists back in 1948 when they were fighting for a state of Israel?
The Nation: So President Barry wants the rich to pony up more tax money, stating that they need to pay "their fair share." The top 10% of the earners already pay 70% of the income taxes collected, while the bottom 45% pay no Federal taxes whatsoever. But we all know this ain't about fairness, it's about redistributing wealth at the end of a gun. The only fair tax is a sales tax, and DC will NEVER change to the sales tax. Will Congress have the balls to tell Barry 'no'? Just as soon as you see pigs flying around the Rotunda.
Religion: Politics meet religion in OhioThe Ohio legislature recently passed the so-called "Heatbeat Bill," named because it outlaws abortion at the first detectable heartbeat of a human fetus. Now the bill must be passed by the Ohio Senate before it can be signed into law. It will be the most restrictive abortion law in the nation if passed. Remember folks... this is not about reproductive rights. You have all the reproductive rights you deserve... right up to the instant you get pregnant. Then your rights properly morph into responsibility... which is what REAL rights always do anyway. This is about whether or not it's OK to kill another human being because its existence is inconvenient. Natural law bestows the right to life. Good luck, Ohio. Godspeed. About 50 million lives have been snuffed out since Roe v. Wade in 1973. The oldest of them would be nearly 40 years old now... paying into Social Security and Medicare. OOOPS. Unintended consequences suck, don't they?
Economy: This week's new unemployment claims are at 423,000. According to The US Department of Labor, the total number of people claiming benefits in all programs for the week ending September 3 was 6,889,058. But there have been no less than 22 weeks in a row in which the number of new claims was above 400,000. That's at least 8.8 million NEW claims just in the last five months. Who ya gonna believe?
Business: Moody's Corporation, the financial ratings service, downgraded the credit ratings of mega-banks Wells Fargo, Bank of America and Citigroup, saying that Washington is now "less comfortable" with the idea of further bailouts for troubled lenders. The banks face an uphill battle to comply with the Dodd-Frank law's requirements. Lower ratings mean more difficulty raising capital. No bank is too big to fail. Neither is any government.
Sports: The National Feminine Football League continues its plunge toward mediocrity as it tries to make the most violent sport less violent. Michael Vick, the Philadelphia Eagles' QB, suffered a mild concussion in Atlanta due to a collision with one of his own teammates. Later in the game, Falcon cornerback DeSean Jackson collided with another Eagle, and both of them suffered concussions. Jackson got a fine from the NFFL. Extra-large powerful men running toward each other and colliding will occasionally cause injuries. It's pretty hard to play aggressively and cautiously at the same time. The NFL sucks.
Entertainment: "Modern Family" garnered the most Emmy Awards at this year's gala. One big (gay, straight, multi-cultural, traditional) happy family. Is this what the modern American family looks like?
DumpDC. Six Letters That Can Change History.
Was that worth reading?