The Library of Congress’ online catalog includes several great old pictures of Dupont Circle, including this one of the circle before the fountain was installed:
Sean Fieler and Jeffrey bell ask whether we should revisit the gold standard as one way to rein in runaway government.
Rep. Paul Ryan has an important article in the New York Timesmaking the case not only for repealing Obamacare but for replacing it. “It is not sufficient,” he argues, “for those of us in the opposition to await a reversal of political fortune months or years from now before we advance action on health care reform.” To build a system that puts patients first, not bureaucrats, he favors “attaching tax benefits to the individual rather than the job” and enabling state-based reforms like risk pools to manage pre-existing conditions.
The government seems determined to enforce Matthew 26:11. A new poverty metric would count as poor not those living in real destitution but those living in relative destitution.
In the Washington Post, Brian Frosh and Jamie Raskin argue that if progressives want to undo the effects of Citizens United—a bad idea, to be sure—they ought to turn to the states, which retain broad regulatory powers. (Full disclosure: Brian is a cousin.)
Steven Spruiell offers a three-step guide to socializing an industry: 1) the government subsidizes private firms; 2) the government creates a “public option” to “compete” with the private firms that have grown fat on subsidies; 3) the government federalizes the whole industry on the grounds that the “public option” is cheaper and doesn’t funnel money to private firms. Solution: don’t subsidize industries in the first place.
Apropos of nationalizing firms, Rep. Barney Frank worries that investments in Fannie Mae and Freddie Mac might not be terribly sound. Good thing the federal government “invested” so much money on behalf of taxpayers over the past year!
While we’re on the subject of bad ideas, FEMA’s director has proposed federal disaster insurance as an alternative to federal bailouts for those who suffer a catastrophe. Of course, like federal flood insurance, such a policy effectively rewards those who choose to live in high-risk areas. Furthermore, disaster relief isn’t necessarily a federal responsibility at all, as President Calvin Coolidge argued after the 1927 Mississippi floods.
Kevin Gentry of the Charles G. Koch Charitable Foundation was kind enough to include my take on the role of online fundraising in his “Fundraising Tip of the Week” e-mail:
Direct mail and new media are complementary and reinforce one another. Even with the best online fundraising campaign, you’d still be leaving money on the table without an offline component, just as with the best direct mail campaign you’d be forgoing funds without an online effort.