Monthly Archives: December 2011

Consumer Protection

Obama is mad that his nominee for Consumer Financial Protection boss was blocked.  But I have to ask, why do we even need such a position?

Why isn’t is possible that the consumers learn to protect themselves?

With all the buzz, Apple’s iPhone 4S tops a lot of lists this holiday season, but is it worth it? Consumer Reports testers say it is a great phone. It’s faster than the iPhone 4, and the improved camera takes better photos.

Another perk is the voice-activated personal assistant, Siri, which works well and even has a sense of humor. Ask it for the meaning of life, and here’s the response you get: “I can’t answer that now, but give me some time to write a very long play in which nothing happens.”

Even with all that, Consumer Reports says plenty of other smartphones perform just as well, or even better, than the iPhone 4S.

“Several phones we tested weigh less than the 4S and have larger screens,” Consumer Reports’ Mike Gikas said.

If we can build private organizations that help us with phones, why can’t we build organizations that help us with credit cards, or homes or cars?

 

State Taxes

We all know that if you buy goods on Amazon you get to avoid state sales tax.  Buy your whole Christmas on line and you might be able to save a hundred bucks.  Maybe two.

Should states be able to reach out to those online retailers and tax them as if they were selling goods in state:

Garner, N.C. — A group of North Carolina citizens is lobbying Congress to require companies not based in the state who sell online to start charge state sales tax.

The Alliance for Main Street Fairness, which has branches in several states, said not all companies are doing so, which creates a less even playing field for local businesses.

“People come into the store. They look at the appliances. They go online. They find it cheaper. The cheaper is (because) they’re saving $70, $80, $100 on sales tax,” Alliance for Main Street Fairness spokesman Christopher Dean said Sunday.

The issue affects businesses like Garner TV and Appliance, which doesn’t have an online store.

“It’s a huge, huge impact on our business that we worry about every day and what we can do to stop it,” the company’s Vice President of Operations, Randy Pleasant, said.

I guess it depends upon how you look at it.

If the state is simply saying that we want to generate revenue on goods sold, then yeah, online sales should be taxed.  On the other hand, you could argue that sales tax is meant to pay for infrastructure that isn’t being consumed by out of state businesses.

Either way, state governments would be wise NOT to use the sales tax as a means of “even the playing field” for business.  THAT is most certainly not the role of government.

GINI Coefficient

The latest report from the OECD should make those in favor of redistributive policies vindicated in their opinion that the income disparity is growing.  Data suggests that it is:

THE gap between rich and poor has grown ever wider in wealthy countries over the past three decades. A new report by the OECD has reams of data on this phenomenon and is well worth looking at. The Gini coefficient, a measure of inequality in which zero corresponds to everyone having the same income and one means the richest person has all the income, increased by almost 10% from 0.29 in 1985 to 0.32 in 2008, for working-age people in OECD countries. The trend is caused by earnings: the pay of the richest 10% of employees has increased at a far greater rate than that of the poorest 10% of employees. Within the upper echelons, the top 1% have reaped the greatest gains.

I have ideas about why this gap is growing.  I think that much of it is the way in which they measure the Gini.  For example, you could take 4 people with incomes described as:

  1. $24,000
  2. $30,000
  3. $50,000
  4. $75,000

The Gini coefficient for the above data is .24162

Now, marry two of those wage earners:

  1. $24,000
  2. $50,000
  3. $105,000

The Gini coefficient for THAT data is .301676.  Without ANY income changing at all, the Gini increases by 25%.  In other words, the same number of people are working the same number of jobs and earning the same number of dollars.  The only difference is the method by which they calculate the Gini.

But are there other reasons for the Gini to increase?  Why yes:

Technology has disproportionately benefited high-earning workers, who also spend far longer at work than do low-earners. High earners marry other high earners. And governments are doing less to redistribute wealth than they have done in the past. So far, so familiar. But the report also argues that globalisation is not a significant cause of inequality, and that one of the many reasons for the rise in income inequality is that more people are in work now (or at least they were before the financial crisis hit) compared with the 1970s.

So, we have factors such as:

  1. Technology has helped the wealthy [did it create them?].
  2. Productive people marry other productive people .
  3. Governments are correctly not redistributing wealth.
  4. More people are “in work” now.

In the end, I’m not sure that the use of the Gini is an appropriate measure of income disparity.  Further, I’m not sure it even matters.

Occupy Raleigh: Nice Insight

I got this from Occupy Raleigh’s Facebook page.

Very refreshing to see some semblance of non-partisan content.

What Is The Role Of Government

If we erect government to resolve disputes, protect from fraud and safeguard Liberty, where do we get the idea that we need to redistribute wealth?

Why do we tax from some and give to others?

Plan B Morning After Pill

So, it occurred to me.

We do not trust young women to choose to purchase a morning after pill but we do trust them to have an abortion?

#Don’tFollowTheLogic

Brad and Britt And Glass Houses

So, two months ago local talk radio show hosts were taking phone calls on their show.  The guys at Brad and Britt are Liberal.  I don’t think that they’d object to being described as left of center.  Anyway, they took this call from a listener and it turned out he subscribed to the more conservative point of view.  Britt, clearly having taken the opposite point of view went into his “Little Rush” imitation.  This is where he puts on Rush’s radio bumper music and does a fantastic impression of Rush.  By itself, Little Rush is hilarious and spot on, using it to yell over an earnest caller is obnoxious.

I called him out:

That Tweet got me “blocked”.

Meanwhile, Britt feels it’s totally appropriate to call out Neil Boortz in a much less polite tweet:

This is how the Left rolls.  Free speech for me, censorship for thee.

 

UPDATE:

It would appear that The TalkMaster blocked Britt months ago:

Not sure that this makes any difference what-so-ever, but Britt felt it was important to include.

Done.

Picture IDs – Morning After

Oh my!

How are we going to protect our young, poor, rural elderly Democrats from having babies?

WASHINGTON –  In a surprise move, the nation’s health secretary stopped the Plan B morning-after pill from moving onto drugstore shelves next to the condoms, deciding Wednesday that young girls shouldn’t be able to buy it on their own.

The Food and Drug Administration was preparing to lift a controversial age limit and make Plan B One-Step the nation’s first over-the-counter emergency contraceptive, available for purchase by people of any age without a prescription.

But Health and Human Services Secretary Kathleen Sebelius intervened at the eleventh hour and overruled her own experts.

Plan B instead will remain behind the pharmacy counter, as it is sold today — available without a prescription only for those 17 and older who show an ID proving their age.

It is clear that Democrats hate Democrats.

How To Reduce Unemployment

I have long argued that if we are going to pay people not to work, we should be allowed to dictate what we want for that pay.  For example, when I go to work, my boss is able to guide my activities.  He gets to prioritize my day and my efforts.  He gets to do this because we have entered into some agreement where I end up getting paid.

I see little difference when we provide Unemployment Benefits to folks who aren’t working.

In theory, the benefits are meant to provide some relief to the out of work individual during their time looking for gainful employment.  Even while I disagree with the program, I can understand what we’re all trying to do.  I really do.

However, if we are going to be spending all this money to help people out, I think that we should be able to watch over the program.  For example, if we want people to find a job, we should ask that they come to a “job finding office”.  That is a place where computers would be available, resume consultants and even job placement professionals.  To be sure, if someone has an interview, they would be free to attend and “time off” would be accommodated.

Further, if there is time in the day when filling out applications and constructing resume’s has ended, there must, MUST, be good work the folks could engage in in an effort to “earn” the benefit pay.  That good work could even be charity or community service; reading to kids or the elderly.  Anything.

Well, it seems as if lawmakers are reading Tarheel Red:

A Georgia lawmaker wants the unemployed to put in community service hours in exchange for their government-paid jobless benefits.

John Albers, a Republican state senator, has proposed a bill that would require out-of-work Georgians to volunteer at charities at least 24 hours every week, according to MyFoxAtlanta.com. Otherwise, they wouldn’t receive unemployment benefits.

“We want to have a society that is responsible and that is accountable,” he said.

The lawmaker, who calls his bill the Dignity for the Unemployed Act, brushed off concerns that the volunteerism would cut into valuable job-searching time. And he said the law would provide “flexibility” so that if somebody needs to go to extra interviews one week, he or she could make up the volunteerism hours the following week.

Now, to be sure, I have some issues with the good congressman.  I don’t think that we need the government to dictate charity, this sounds like Obama.  And second, I would flat out give the candidate excused time for ANY work related activities.  Got an interview?  Go, good luck and win that job!

Certainly there is room for compromise here, yes?

Celebration

I’m a big fan of Barry Sanders.  He was an amazing athlete.  And would easily have beaten Walter Peyton’s rushing record for yards in a career.

He scored often.  And each time he did, he acted just like he belonged there.  Nothing heroic, no Sharpies, no dancing or jumping.

Just a guy doing what he does.

So I get the spirit behind the rules that are being imposed in college and high school; we wanna end the taunting and the celebration.  But THIS, really, is what we have come down to?

The kid raised his arm for two steps.  He just scored the touchdown that would have won the State Football Championship.  The kids is ALLOWED to express joy and accomplishment.

Right?