TSA: Not Even Good at Getting it Wrong

Bruce Schneier has a very good op-ed on the Transportation Security Administration’s airport security programs in the Los Angeles Times today. The winner line: “That’s the TSA: Not doing the right things. Not even doing right the things it does.”
In fairness, security is hard. By their nature, federal agencies aren’t smart and nimble. I argued […]

“Cult” Watch

CNBC just ran a feature entitled “Electing the CEO of America.” It’s a great illustration of the insane expectations Americans invest in what’s supposed to be a limited, constitutional office. As I write in that book,
Over the second half of the 20th century, Gallup polls showed that an average of 41 percent of Americans per […]

Justice Dept Backs Up After KPMG Ruling

The New York Times reports that the Justice Dept. is rolling back its bullying tactic of penalizing companies that reimburse their employees’ legal fees during investigations and trials.  This move is mostly show–to make the feds seem reasonable and open to suggestions.  But it is really just a reaction to the department’s defeat in today’s KPMG case […]

The Uncool Animal Farm Bill

Congress believes some Americans are more equal than others. How else could it have passed (by overwhelming margins and over a presidential veto) the 2008 Farm Bill, which amounts to about a $7 billion annual transfer from the pockets of American taxpayers to high-on-the-hog agribusinesses?
To leave no doubt that these “farmers” are the exalted class, […]

Keep on Rolling

The global tax revolution rolls on. From this week’s International Tax Review:
Kazakhstan’s corporate income tax rate will be cut in half over the next three years after the country’s president approved drafts of the new tax and budget codes.
The new rate of corporate income tax will come into force yearly, decreasing from 30% to 20%, […]

New European Regulation Belongs in the This-Can’t-Possibly-Be-True Category

According to the Irish Times, European Union bureaucrats in Brussels have decided that people no longer should be allowed to eat cakes, tarts, and other treats entered in baking competitions. American bureaucrats love to concoct senseless rules, but can anyone think of a regulation in the United States that matches this gem?

New EU regulations have […]