Saturday, January 16, 2010

More illogic from the WSJ editorial page

There was an editorial in The Wall Street Journal a few days ago, talking about antitrust and the NFL, that takes a cheap shot at Drew Brees. He wrote a column in the The Washington Post that the Journal editorial board disagrees with. The editorial refers to Brees,sarcastically, as a "renowned antitrust expert." True, Brees is no antitrust expert. But to be fair, neither are the Journal editorialists, none of which are antitrust lawyers. Why should I listen to them anymore than Brees? They have no more expertise in the subject than he does.

Since only expert opinion is valid, I call for the Journal to stop writing editorials on climate change, health care, economics,and any other issue they have no expertise in. It's nothing personal against the Journal, in fact they're on the few papers that publish my letters. All I'm asking for here is some consistency.

(See last post for more illogic from the Journal).

Thursday, January 07, 2010

235 years....

A completely ridiculous argument by the Wall Street Journal editorial page (in criticizing new licensing requirements for tax preparers):

The U.S. has survived for 235 years with an unregulated tax prep industry, but the Obama crowd can hardly resist grabbing one more corner of the private economy it doesn't control.

This is complete nonsense, for three reasons:

1. We haven't had the income tax for 235 years; the Sixteenth Amendment legalizing the direct income tax was passed only in 1913.

2. As someone who has done tax preparing before, I can say it is just not true that the industry is unregulated. In California, you must be licensed and bonded before preparing tax returns.

3. "We've survived for 235 years with an unregulated tax industry" is just a horribly illogical argument. The fact a country can survive with something doesn't mean that thing is beneficial. We "survived" for 200+ years with slavery, but I don't think the Journal would argue that it was wrong to abolish slavery. We certainly survived the 1950s with a 91% top tax rate, but I won't hold my breath waiting for the Journal to call for a return to that rate.

Global warming disproved?

Well, no, but a lot of people are saying the recent frost across the eastern U.S. disproves man-induced climate change. This article shows why that is a bogus argument. In fact, record highs were reported in Washington state and Alaska. (Which does not prove global warming, by the way). It is simply an onrush of Artic air that is causing the cold snap. It is not a sign of a cooling planet, as many on the right would have you believe.

Yes, I have blogged about this subject before, but there's more misunderstanding on this issue than any other.