I commented last week about the need to deal with global warming, population growth and protecting the lands and forests that produce the oxygen we depend on. Those problems are interrelated, and if the rising seas aren’t bad enough, the loss of atmospheric oxygen will suffocate us all. I confess that puts a different perspective on other issues. Can we improve people’s health and job prospects if we have to hold down the impact on the environment? Well yes, but the question is whether we are willing to share in the sandbox we call earth? Read the rest of this entry »
My wife and I went to see The Butler Saturday evening. There were important differences between the lives of the actual Butler, Eugene Allen, who served eight presidents, and Cecil Gaines, the butler in the film. But those differences actually got to larger truths it is worth thinking about.
In the film Cecil learns from the rape of his mother and the murder of his father what he has to do to survive in the white world. He creates a safe place for his family and is distraught when his son puts body and soul at risk in the Civil Rights Movement. That didn’t happen to Eugene Allen but it did happen to hordes of African-Americans in the South and many elsewhere. The demonstrators, trained to be peaceful and nonviolent, to take it without giving it back, were met with bombings, beatings, murders and jail. And their families were in anguish. Read the rest of this entry »
The Detroit bankruptcy is likely to mean a big hit for people’s pensions. Think about that: people have worked all their lives and now you tell them the terms just changed, and at precisely the part of their lives when they will find it hard to replace the lost income.
There are two issues involved in the bankruptcy. One is the outrageous fact that wages and pensions are not treated as secured so they take second place to banks and others whose only skin in the game is money, not the sweat of their brows over lifetimes of work. That’s the legal rule but I’ve never liked it. It creates maximum hardship. Cities and companies go bankrupt for the very reason that they can dishonor their pension obligations. Federal laws require companies to do some things to protect us. But if they don’t do well enough, well, there’s always bankruptcy. That, in my view, is a travesty. Read the rest of this entry »
I’m tired of hearing that lower taxes will bring new business. Politicians chant low taxes like a mantra that answers everything. Governor Cuomo offers to starve many New York communities of money for services by barring them from taxing new business.
Many places in the world have no taxes, and no business opportunities either. Many places in the US charge lower taxes than New York but do much worse. What’s missing in the low tax nonsense includes markets, transportation, supplies, employees, skills, resources and amenities, the things that make places interesting and fun to live in, the reasons company founders live here, why the bosses live here, and why their employees want to live here. Read the rest of this entry »
The Supreme Court’s decision that no company can patent genes but can patent its tests for genetic information is the tip of a large iceberg. We have gotten used to believing that the patent process is the only way that new drugs and treatments are developed, and that private industry is the only source of that work. Nothing could be further from the truth but the attack on government activity may make it true. Read the rest of this entry »
A few months ago, both Steve Leibo and I brought attention to an MIT study that suggested that a carbon tax could be a win-win-win solution. It would meet some Republican and some Democratic objectives, by allowing Congress to keep income taxes low, allow the Bush tax cuts to remain, yet fund Democratic social policies, all the while reducing our use and dependence on carbon based energy, which is destroying the environment, and is likely to leave an uninhabitable earth for our grandchildren. Read the rest of this entry »
I got into a discussion about a proposed 28th Amendment to our Constitution a few days ago. Turns out there’s more than one proposal calling itself the 28th Amendment. I’m talking about the one that begins, “The rights protected by the Constitution of the United States are the rights of natural persons only.” There may be similar ones. There certainly are some calling themselves the 28th Amendment that address very different subjects and are totally misinformed. But the restriction of constitutional rights to natural persons is worth talking about. Read the rest of this entry »
Yesterday was the last day to file our tax returns for 2012. If you enjoyed it you are probably either an accountant who earned lots of money filing other people’s returns, or you have enough money to have an accountant file your returns, or you were getting a BIG refund. For the rest of us it was anything from a mild annoyance to a big pain.
But I’d like to reflect on why that is. Read the rest of this entry »