Ben Weingarten

Reader. Writer. Thinker. Commentator. Truth Seeker.

Tag: Debt

Reaction to Tarantino’s Anti-Cop, Black Lives Matter Rhetoric Illustrates Virtue of Free Markets and Free Minds

On Monday 11/2, I sat in as a guest again on Newsmax TV’s “The Daily Wrap.”

During the episode, we had the chance to discuss a variety of issues including Donald Trump and Ben Carson’s continued dominance in the polls, the RNC’s botching of the GOP debates, Quentin Tarantino’s siding with #BlackLivesMatter against cops and the market-driven backlash, our nation’s $43 million gas station in Afghanistan and much more!

You can watch the show in full, along with some particularly pertinent clips below.

Full Episode

Trump v. Carson and Current GOP Polls

The RNC’s Bungling of the GOP Debates

Quentin Tarantino’s Clinton-Like Phony “Apology”

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China Chills ‘Rumor Spreaders’ Because It Can’t Handle The Truth of Communist Wreckage

The recent collapse of the Chinese stock market, and the inability of the country’s central planners to “successfully” intervene and stop the slide of prices artificially elevated thanks to their previous intervention is a serious rebuke to the Communist regime.

That is why today the Chinese government is seeking out scapegoats, reportedly arresting around 200 people for “rumor-mongering” or related “violations” in connection with the market selloff and recent Tianjin chemical factory explosion.

This follows a series of other desperate moves:

Since an epic stock boom went bust this summer, China’s government has struggled to contain the crisis, ordering the press to downplay the story, and periodically singling out scapegoats, from hostile foreign forces, to“malicious” short-sellers, to the U.S. Federal Reserve and now, the press.

Notably, concerning this latest round of illiberal and ill-conceived “damage control,” the Chinese authorities forced a financial journalist named Wang Xiaolu to “confess” on Chinese state television to one such supposed violation resulting from a report he published in late July in which he indicated that the China Securities Regulatory Commission (CSRC) was contemplating ceasing share price “stabilization” efforts.

And all of this because the Communist Chinese regime cannot handle the truth that it has blown a bubble of epic proportions that like all bubbles must end in liquidation; all of this because the Communist Chinese regime cannot bear to take responsibility for its failed central planning reflected in plunging financial asset prices.

The free flow of information, like the free flow of ideas and capital, is anathema to totalitarian regimes, and indeed dangerous to them.

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20 Signs You Are Living in a Progressive Utopia

It can be said that progressivism at its core seeks to turn the world upside down.

It is an ideology and a tactic of modern-day Sophists who seek to replace facts with narrative, justice with injustice, morality with immorality and virtue with vice — but it does so with a smile on its face.

Consequently, in order to identify whether one is in fact living in a progressive Utopia, one merely needs to identify instances in one’s society, economy and political system, themselves a natural outgrowth of the culture (itself an outgrowth of the ideas that a people has imbibed), in which facts, logic and history have been shoved aside in favor of the whims of the wise collective.

Here are 20 signs that you might be living in such a blissful place:

1) When the executive branch has effectively become the legislative branch

President Obama has been pushing executive actions as a means of working around Congress in 2014. (Image Source: heartland.org)

President Obama has been pushing executive actions as a means of working around Congress in 2014. (Image Source: heartland.org)

2) When the notions of secure borders and national sovereignty are considered thinly-veiled euphemisms for racial hatred

3) When justice means determining a person is guilty before seeing any evidence, then rioting, looting and destroying property when said person does not even make it to trial

4) When those who riot, loot and destroy property are considered freedom-fighters, and those who peacefully assemble are considered radical extremists

In this June 19, 2013, photo, Tea Party activists attend a rally on the grounds of the Capitol in Washington, Wednesday, June 19, 2013. (Photo: AP)

In this June 19, 2013, photo, Tea Party activists attend a rally on the grounds of the Capitol in Washington, Wednesday, June 19, 2013. (Image Source: AP)

5) When criminals advise law enforcement on how to do its job

Continue reading at TheBlaze…

An interview with Jim Lacy, author of ‘Taxifornia’

Blaze Books sat down for an in-depth interview in TheBlaze’s New York newsroom this past Tuesday with former Reagan appointee and California-based lawyer and political communications company executive Jim Lacy, author of “Taxifornia,” to discuss the major challenges facing California that threaten to turn the state into one big version of Detroit.

Below is our interview, transcribed from our interview with slight edits for clarity. All links are ours.

Make your elevator pitch for why Blaze readers should pick up this book?

Lacy: Well public employee unions are really transforming government throughout the United States and the negative effects of that are being played out in California right now. So what my book does is very closely examines the political control that the public employee unions—specifically the California Teachers Association (CTA) and Service Employees International Union (SEIU) have accomplished in the state, and it discloses their swamped political spending: spending that is three, four, five-fold more than traditional special interests like Chevron which is just completely dwarfed by their political spending. AT&T, the California Chamber of Commerce, none of them can match the political spending, and as a result of this political spending, the public employee unions really do have a lock on the outcome of political decisions in the state that effect the economy. And this involves a connection between the problems that we’re having with public employee pension obligations, bankruptcies of local government, and taxes being raised to the very highest levels in all categories.

For two years in a row California has had the highest rate of poverty in the nation according to Obama’s census bureau. The unemployment is still completely out of whack. California has depending upon what survey you read either the first highest, third highest or fifth highest unemployment in the nation. So my theory is that people need to have that information because the information that they are getting right now from the mass media is that California has a surplus and Jerry Brown and the liberal Democrats are doing a great job and the reality is they aren’t – the state’s getting ready to explode economically in a negative way. And so that’s what my book, “Taxifornia,” is about.

Why should non-Californians care about California’s problems?

Lacy: Well we know that the largest municipal bankruptcy in the country was in Detroit right? Well before Detroit what was the largest municipal bankruptcy in the country? It was the city of Stockton, California. Yes again, California leads the nation – it leads the nation in municipal bankruptcies. USA Today says that there are probably ten more cities in California that are ready to go bankrupt. So we have to ask ourselves the question, “Well why?”

A big part of the reason that the municipalities are having these problems is because of public employee pension obligations. And as a result of those, they’re raising taxes. I’ll give you an example. San Jose is the third-largest city in California. It’s also the 10th largest city

in the nation. So your question was “Why should the rest of the nation care?” And what I’m gonna tell you is that because of the way that the liberals and the public employees have controlled California politics, this is what’s coming in municipalities all across the nation. It’s just playing out in California first because the liberals have been in control for so long. The city of San Jose just put together its latest city budget, and they have a reform mayor. The budget’s a $1 billion budget. 30% of the budget is dedicated to paying for pension obligations for public employees that have already provided services. If 30% of the budget today is to service debt on past services by public employee union members, what’s it gonna be tomorrow, two years from now, or three years from now? Because people are living longer, and because of the salary obligations of two generous salaries that the politicians have given.

And I’ll give you an example. In the county that I live in, the average pay for a firefighter is $234,000 a year. That firefighter can opt to retire at age 50 or age 55 and depending upon the calculation from anywhere from 50% to 75% or 90% of that salary over time. In the last 10 years San Jose’s obligations to pay for public employee pensions, which by the way are all underfunded (they aren’t paying enough) have quadrupled to $300 million. So if they’re going to go up exponentially, I would say that probably in the next 10 years it’s quite conceivable that San Jose’s public employee pension obligations will constitute the majority focus of government spending.

So what’s happening in California is that the purpose of government is shifting – government is no longer primarily organized to provide police, fire and public safety services. What it’s primarily organized for right now – the direction that it’s going in — is to provide pensions to past employees. And that’s a real problem. And it finds itself in too-high salaries, and too-generous pensions under defined benefit plans. And there’s a whole reason that we have that in the state, and part of what “Taxifornia” does is reveal that.

Read more at TheBlaze…

An explosive interview with ex Secret Service agent Dan Bongino, author of ‘Life Inside the Bubble’

In a hard-hitting interview with Blaze Books in connection with his newest title, Life Inside the Bubble, outspoken former Secret Service Agent Dan Bongino provided his insights on a wide array of topics, from his life in law enforcement protecting a Senator and two Presidents, to Barack Obama’s worldview, the government shutdown, the Benghazi and NSA scandals and all things in-between. Below is our interview, which was conducted via phone prior to the release of his book. The interview has been transcribed and edited for clarity.

What inspired you to write Life Inside the Bubble?

Bongino: You know I hate to use the term because as you probably know the political consultant class has all kinds of bad advice for you, but they always say to never talk about frustration or, you know anger. But, I don’t think those are necessarily negative things if you use them for the right reasons. I mean anyone can turn anger or frustration into a negative action, but I was really frustrated and frankly angry at the process, and having been an ideological libertarian, small government conservative my whole life I had this frustration being behind the scenes watching what was going on and seeing what seemed to me at the time like an irreversible trend towards governing principles which – there’s no serious person left that actually believes these governing principles work. You know redistribution, top down bureaucracy, planning based, governing based on what Thomas Sowell calls the vision of the anointed ones, the bureaucrats, and it was frustrating. So I figured if I gave my behind the scenes perspective having seen it, been enmeshed in it for 12 years that it would be, that Siren sound that sometimes people need to motivate them to action. You know action changes the world. Talk is cheap if it doesn’t motivate action.

Why should the man on the street buy your book?

Bongino: Because it’s worse than you know. The government, the administrative state, the bureaucracy, you tell me a problem, you think you see with government from a libertarian or limited government conservative’s perspectiveand I can tell you in the book, which I give some examples on how it’s worse than you actually know it to be. You’ve been sold out. But sometimes you need an example to literally hit you in the gut to say, you know it’s kind of like…hearing about how bad a baseball team is, and then watching a game where they get blown out like 25-1, and you go “wow, they’re really bad, we need to fix something.” That’s why you need to buy the book.

What is the one thing that you hope readers take away from the book?

Bongino: However bad you think it is, it’s worse, and it’s on a bipartisan trajectory getting worse by the day. People think since 2010 we’ve turned it around…we haven’t, we’ve turned nothing around, it’s still getting worse. But you really need to see the examples in the book to punch you in the gut. You need to watch or see the baseball game sometimes to realize just how bad the team really is.

What is the one thing that people on the outside do not appreciate about the job of a Secret Service agent?

Bongino: It is a cerebral exercise. It is not, contrary to Line of Fire or whatever movies or tv shows you may have seen or comic books. It’s not a bodyguard job. It’s not. Ironically, 99% of what you would call bodyguard work or physical security as it’s called in the business is actually done by uniform law enforcement, not us. We’re the ones that design the plan, and the plan is a cerebral exercise that takes literally decades, I kid you not, decades to master. Think about it here. I call it the big six: tactical, medical, chem-bio, IED, airborne and fire, and maybe sometimes geologic. You have to have an A to Z plan to mitigate every one of those threats: a tactical threat, a medical threat, a chem-bio threat, an IED, an airborne threat, a fire, and when I say geologic, sometimes earthquakes depending on where you are. But not just an A-B plan, an A-Z plan. Do you have any idea how complicated that is? With budget constraints and manpower constraints, it is really…it is a cerebral exercise that very few have truly truly mastered. And that’s why very few guys get to the President’s detail, and even after that, very few of those guys eventually even do a lead advance where they’re in charge.

Read more at TheBlaze…

An interview with British Member of European Parliament Daniel Hannan: Bullish on the Anglosphere despite impending defaults and revolt-worthy tax levels

In a wide-ranging interview with Blaze Books in connection with his newest title, Inventing Freedom: How the English-Speaking Peoples Made the Modern World, outspoken British MEP Daniel Hannan provided his insights on American exceptionalism, Western governmental defaults, why he is bullish on the West in spite of such defaults, and a whole host of other topics. Below is our interview, conducted via email. The interview has been slightly edited for clarity.

What would you say to critics who argue that there are strong bedrock principles that have come from cultures outside the Anglosphere (or to paraphrase the President, that he believes “in American exceptionalism, just as I suspect that the Brits believe in British exceptionalism and the Greeks believe in Greek exceptionalism”)?

Hannan: The President was right about one thing. Most Brits do indeed believe in British exceptionalism. But here’s the thing: we define it in almost exactly the same way that Americans do theirs. We believe it resides in certain values and institutions, such as the rule of law, free contract, secure property, jury trials, personal liberty, regular elections, habeas corpus, and uncensored newspapers. In Greece, as in pretty much the rest of the world, people expect – indeed demand – far more intervention from the state. That’s why they’re in the mess they’re in. Come to think of it, maybe it wasn’t a coincidence that the President, back in 2009, cited Greece in that answer: with a $17 trillion national debt, he seems pretty keen on taking America in that direction.

It seems as if Anglosphere principles are being implemented to some degree more faithfully by folks in the East than the West. Do you see this trend occurring? What are the implications?

Hannan: Anglosphere principles are transportable. They are passed on through intellectual exchange, not gene flow. They are why Bermuda isn’t Haiti, why Hong Kong isn’t China, why Singapore isn’t Indonesia. But it’s striking that, in the league table of economic freedom, the top four territories are all common law and Anglophone: Australia, Hong Kong, New Zealand, Singapore.

One topic that you do not mention in Inventing Freedom is the effect of the Israelites, Greeks/Romans and others on our political system. Do you see Anglosphere roots in these peoples, or otherwise care to comment?

Hannan: I don’t claim that we invented the idea of law. When Moses came down from Sinai, the fathers of the English were still grubbing about with their pigs in the cold soil of northern Germany. What we invented, rather, was the extraordinary idea that the law is the property of the people. Think of that commonplace, yet peculiarly English, phrase ‘the law of the land’. Not the king’s law, nor God’s law, but the law of the land – the patrimony of every citizen. Even now, people raised in the European Roman-law tradition are astonished by our beautiful, anomalous common-law system. They can’t get their heads around the idea that, instead of writing down a law and then applying it to particular cases, the law grows up, like a coral, judgment by judgment. It’s the property of the people as a whole, not of the state: an ally of freedom, not an instrument of government control.

Nor do I claim we invented democracy: the rooting about with the pigs thing was still going on when Cleon and Demosthenes were making their speeches. But we invented the idea of personal freedom within a democratic system – a very different tradition to the Continental one, inspired by Herder and Rousseau, which elevated the will of the majority over the rights of the individual and which, in the end, whelped the two misshapen pups of fascism and communism.

Our system worked. Anglosphere countries never fell to revolution or dictatorship. Our countries never elected a single fascist legislator, and no more than half a dozen revolutionary socialists. We made the defense of freedom everyone’s business, and people responded.

Read more at TheBlaze…

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