Archive for December 26th, 2012

We’ve opened all our presents, spent time with family, and enjoyed some tasty food.

Notwithstanding all this good cheer, there’s a a cloud of doom on the horizon. And that horizon is Washington, DC, America’s work-free drug city.

It appears that there’s no way of avoiding a tax increase. Either we go over the cliff, meaning across-the-board hikes for those who pay federal income tax, or Republicans acquiesce to Obama’s class-warfare tax agenda.

No wonder Santa left one unwanted present.

Santa Higher Taxes

I explain the grim outlook for Fox Business News, though my display of sartorial Christmas splendor somewhat offsets the dour topic.

In the interview, I don’t say what should happen, though I’ve previously argued that it’s better to go over the cliff rather than give Obama a victory that will set the stage for further defeats over the next two years.

Better to have a bigger tax hike now, in other words, than to create a precedent that will lead to even larger losses in 2013 and 2014.

Besides, it’s quite possible that Obama is bluffing and this is the right way to get all the tax cuts extended.

But I admit there’s lots of guessing and speculation in those sentences.

There is one thing, however, that I can say with complete confidence. We don’t need a tax increase to balance the budget. We can get rid of red ink in just 10 years simply restraining spending so that it grows by only 2.5 percent per year.

P.S. Notwithstanding the last sentence, our main fiscal goal should be smaller government, not a balanced budget.

P.P.S. I was glad to have an opportunity in the interview to defend Robin Hood’s reputation. As I’ve explained, he was a Tea Party guy, helping to reclaim and return money that was taken by the tax collectors of Prince John and the Sheriff of Nottingham. Here’s another Ken Catalino cartoon that sort of makes this point.

Obama Reverse Robin Hood

I’ve also had to correct Cal Thomas on Robin Hood’s philosophical bona fides, so this is a very common mistake.

P.P.P.S. This is my second attempt at creating a video in the absence of the Cato expert. There’s a hiccup around the 2:25 mark, but I think the picture quality is much better than my first effort.

P.P.P.P.S. If you like the red jacket, previous attempts to be on the cutting edge of fashion can be seen here and here.

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I’ve never criticized President Obama for playing a lot of golf. As far as I’m concerned, the nation is in much better shape when politicians spend a lot of time goofing off.

But I’m more than happy to use golf as a humor prop to make a serious points about public policy.

Earlier this year, for instance, I shared this golfing cartoon to help emphasize that Obama has been a big spender.

Let’s build upon that cartoon with a bit of humor sent to me by a friend from the Caribbean.

Here’s some new rules for golf, based on Obama’s soak-the-rich/entrap-the-poor approach to fiscal policy.


President B.H.O. has recently appointed a Golf Czar.

Major rule changes in the game of golf will become effective January, 20 2013.

This is only a preview as the complete rule book (expect 2716 pages) is being rewritten as we speak.

Here are a few of the changes:

Golfers with handicaps:
– Below 10 will have their green fees increased by 35%.
– Between 11 and 18 will see no increase in green fees.
– Above 18 will get a $20 check each time they play.

The term “gimmie” will be changed to “entitlement” and will be used as follows:
– Handicaps below 10, no entitlements.
– Handicaps from 11 to 17, entitlements for putter length putts.
– Handicaps above 18, if your ball is on the green, no need to putt, just pick it up.

These entitlements are intended to bring about fairness and, most importantly, equality in scoring.

In addition, a Player will be limited to a maximum of one birdie or six pars in any given 18-hole round.

Obama GolfAny excess must be given to those fellow players who have not yet scored a birdie or par.

Only after all players have received a birdie or par from the player actually making the birdie or par, can that player begin to count his pars and birdies again.

The current USGA handicap system will be used for the above purposes, but the term “net score” will be available only for scoring those players with handicaps of 18 and above.

This is intended to “re-distribute” the success of winning by making sure that in all competitions every Player above an 18 handicap will post only “net score” against every other player’s “gross score”.

These new Rules are intended to CHANGE the game of golf.

Golf must be about Fairness.

It should have nothing to do with ability, hard work, practice, and responsibility.

This is the “Right thing to do.”

So, please remember; if you shot a round of golf under par, you didn’t shoot it yourself. Someone else built that course, and someone else cut the grass so that you could play on it. Someone else built the clubs and the cart.

You need to share with everyone and anyone who made you a successful golfer.


The “Entitleist” photo is a great touch.

Though  it’s very dark humor for someone like me who believes in self reliance and favors entitlement reform.

P.S. Have you ever wondered how America’s Declaration of Independence would look if our friends from the left had been in charge?

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