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Mohammed_Morsi

May 8, 2014: Egypt’s ousted Islamist President Mohammed Morsi sits in a defendant cage in the Police Academy courthouse in Cairo, Egypt. (Photo: AP)

CAIRO – Ousted former Egyptian President Mohammed Morsi was sentenced to death for his part in a mass prison break that took place during the 2011 uprising that toppled Hosni Mubarak. Judge Shaaban el-Shami referred his death sentence on Morsi and others to the nation’s top Muslim theologian, or mufti, for his non-binding opinion. He set June 2 for the next hearing, which is customary in Egypt for capital crimes.

Morsi, an Islamist member of the Muslim brotherhood who rose to be Egypt’s first freely elected president, was ousted by the military in July 2013 amid days of mass street protests by Egyptians in response to his consolidation of power. Morsi had promised reforms, but never delivered.

The ousted leader was recently given a 20-year sentence after his April 21 conviction related to charges of killing protesters outside a Cairo presidential palace in December 2012.

In a related case alleging Morsi and his Muslim Brotherhood cohorts passed state secrets to foreign governments, the Islamist leader had escaped a death sentence before Judge el-Shami. The groups include the Palestinian militant group Hamas and Lebanon’s Hezbollah, two proxy forces backed by the Shiite Gulf power Iran.

Ousted former Egyptian President Mohammed Morsi was


isis-soldiers-syria

Jan. 14, 2014: In this undated file image posted on a Islamic militant website, fighters from the Islamic State of Iraq and the Syria/Levant (ISIS, Islamic State) victoriously march in Raqqa, Syria. (AP Photo/Islamic Militant Website)

U.S. Special Operations Forces killed notorious ISIS leader Abu Sayyaf and captured his wife in an overnight raid in eastern Syria, National Security Council spokeswoman Bernadette Meehan confirmed.

Abu Sayyaf was a senior ISIS leader whose roles included overseeing illicit oil and gas operations — two key revenue streams for the terror group — also was allegedly involved with the group’s military operations.

The Pentagon said there were no U.S. casualties during the operation that represents a stark contrast from the U.S-led air strikes on ISIL militants in the region. Sayyaf died in the firefight.

Umm Sayyaf, the wife, whom U.S. intelligence officials suspect also was an ISIS member and played an important role in terror activities, was after capture taken for questioning to a U.S. military facility in Iraq. The special forces operation also led to the freeing of a young Yezidi woman who appears to have been held as a slave by the couple.

The chain of command that led to the operation is a bit blurry, as of now.

The White House said President Obama authorized the operation as soon as he and his national security team developed sufficient intelligence and were confident the mission could be carried out successfully. Yet, Defense Secretary Ash Carter said he ordered U.S. Special Operations Forces into Syria’s al-Amr region to capture Sayyaf and his wife.

Syrian state media earlier reported that government forces killed at least 40 ISIS fighters, including a senior commander in charge of oil fields, in an attack Saturday on the country’s largest oil field — held by ISIL. The report identified the commander as Abu al-Teem al-Saudi.

There were also rumors that the supreme leader of the group, Abu Bakr al-Baghdadi, was severely injured or paralyzed in a coalition airstrike over a month ago, but the Pentagon would not confirm those accounts. The group’s media outlet, al-Furqan media, published an audio message purportedly from al-Baghdadi, during which he called on supporters around the world to join the fight, whether in Syria and Iraq or to take up arms in wherever nation they may live in.

“Islam is a religion of war,” the ISIS leader purportedly says in the audio. “There is no excuse for any Muslim not to migrate to the Islamic State… Joining (the fight) is a duty of every Muslim. We are calling on you to either join or carry weapons (to fight) wherever you are.”

The Britain-based Syria Observatory for Human Rights confirmed an oil field attack, saying at least 19 ISIL members, including 12 foreigners, were killed. The group did not say who carried out the attack.

U.S. Special Operations Forces killed notorious ISIS


big-government-big-mistake

A protestor rests next to their big government big mistake sign. (Photo: REUTERS)

There’s an old saying that you shouldn’t bite the hand that feeds you. Unfortunately, politicians in Washington don’t follow that advice.

Let me explain. All economic theories – even Marxism and socialism – agree that capital formation is a necessary condition for long-run growth and higher wages.

Marxists and the socialists are misguided in thinking that government has the capacity to be in charge of saving and investing, but at least they recognize that you have to set aside some of today’s income to finance tomorrow’s growth. And they even understand that capital formation leads to more productivity and higher wages.

The politicians, however, act as if they don’t understand the importance of saving and investment. Or, based on the policies we get from Washington, maybe they simply don’t care about the well-being of workers, savers, and investors.

Which is a very short-sighted attitude since capital formation leads to a bigger tax base (i.e., more income that they can tax), which is something they presumably should care about!

I’m pondering this conundrum because of a thought-provoking column. Writing for the Wall Street Journal, Thomas Duesterberg and Donald Norman explore the very important question of why corporations are in very strong shape while investment is lagging.

Corporate profits and cash flow are strong, cash on the books of American firms is at record highs… Yet capital investment, which is one of the main pillars of growing productivity and rising living standards, is historically weak. …In 2014, real gross domestic product was 8.7% above the level it reached just before the onset of the great recession in late 2007, …yet gross private investment was just 3.9% higher. Private investment net of depreciation—an even better measure of keeping up production and innovation capacity—was $524 billion in 2013 (the last year for which we have good data), compared with $860 billion in 2006.

Why is this a problem?

For the simple reason that less investment means lower productivity. And lower productivity translates into stagnant wages.

Bureau of Labor Statistics data show that labor productivity grew at an average rate of just 1.5% a year between 2005 and 2014, and by 0.7% a year since 2011. These numbers compare poorly with the average annual growth rates of 3.3% between 1948 and 1973, and 3.2% between 1996 and 2004.

So why has investment been weak?

You shouldn’t be surprised to learn that bad government policy is at the top of the list. Having the world’s highest corporate tax rate obviously doesn’t help.

…one clear factor—noted by many economic analysts—is corporate tax rates, including effective tax rates. These rates can sway decisions about where companies locate new production or research facilities.

Mindless regulation and red tape also puts a costly burden on the economy’s productive sector.

Regulation is also a growing burden. For example, a 2012 study by NERA Economic Consulting notes that the number of major regulations in the manufacturing sector has grown at the compound annual rate of 7.6% since 1998, compared with only 2.2% average annual growth in GDP. …in the World Economic Forum’s annual “Global Competitiveness Report.” …in the category for “burden of government regulation” the latest report ranks the U.S. 82nd of 144.

America also is falling behind in trade.

More than 400 regional free trade agreements have come into effect since 1995, but the United States is party to just two of these and to 10 smaller-scale bilateral agreements. Europe has 38 separate FTAs, and Mexico has added Europe and all of Latin America to its arsenal, which is one reason cited by Audi recently in locating its newest plant there instead of in the U.S.

Last but not least, the overall policy environment in Washington is creating “regime uncertainty.”

A number of studies—including one at Stanford led by Nicholas Bloom and Scott Baker, and at the University of Chicago led by Steven Davis—have employed sophisticated models to chart what is seen as a secular trend in growth of uncertainty that is tied to growth in government regulation, spending, taxes…major shifts in monetary policy probably also contribute to uncertainty.

In other words, investment is lagging both because of the bad policies that have been imposed and because of the expectation/fear that there will be additional burdens coming from Washington.

So we shouldn’t be surprised that corporations are sitting on record piles of cash. Simply stated, it doesn’t make much sense to invest if there’s little hope of future profits.

And don’t be surprised that banks also are sitting on record piles of cash for the same reason.

When I share this kind of information with some of my leftist friends, I frequently get a visceral response about how they won’t shed any tears just because there are fewer profitable opportunities for “fatcat investors” and “rich corporations.”

That reaction doesn’t bother me, at least in the sense that I never lose sleep about the financial health of Warren Buffett or General Electric.

But then I ask my statist friends whether we should be concerned about the “collateral damage” that occurs when lower levels of investment result in less productivity growth, which translates into stagnant wages for ordinary Americans.

Here’s the bottom line. If you punish investors, you also punish workers. This is why, as Walter Williams has explained, the class-warfare mentality is so destructive.
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he socialists are misguided in thinking that


romney-holyfield-boxing-match

Romney Holyfield Charity Boxing Match: Former Republican presidential candidate Mitt Romney, left, lands a punch against five-time heavyweight boxing champion Evander Holyfield at a charity fight night event on May 15, 2015. (Photo: AP)

The charity boxing match between Republican presidential candidate Mitt Romney and five-time heavyweight champion Evander Holyfield lasted two rounds Friday at an event in Salt Lake City. The charity fight raised a million dollars.

The fight between Romney, 68, and Holyfield, 52, went on for just two short rounds before Romney ran away from the boxer and threw in the towel, giving up a round early. The black-tie event raised money for the Utah-based organization CharityVision, which helps doctors in developing countries perform surgeries to restore vision in people with curable blindness.

Romney’s son Josh Romney, who lives in Utah, serves as a volunteer president for CharityVision, which saw corporate sponsorship ranging from $25,000 to $250,000. The entertainment didn’t end with the fight, as Romney told a series of jokes that had the crowd rolling.

“He said, ‘You know what? You float like a bee and sting like a butterfly,'” Romney said after the fight.

Attendees enjoyed the event and the chance to see Romney in the ring, not to mention the choreographed knowkdown of Holyfield. But when he got up and frantic Romney ran around the ring before his wife Ann threw in the towel to save her husband.

“Oh, it was great. I was very proud of Mitt,” said Katie Anderson, who attended the event with her husband.

“I was happy it went to the second round,” Devin Anderson said.

Romney Holyfield Charity Boxing Match: Fight lasted


dzhokhar-tsarnaev-boston-marathon-bomber

Dzhokhar Tsarnaev, the last surviving Boston Marathon bomber, has been sentenced to death. (Photo: FOX News)

Dzhokhar Tsarnaev, the 21-year-old Boston Marathon bomber has been sentenced to death in a unanimous decision for his thirty-count convictions on April 8. Seventeen of the thirty counts carried a possible penalty of death.

Tsarnaev showed no emotion as the jury announced his grim fate, which is death by lethal injection. He had has hands clasped in front of him as he stood facing the jury.

Prior to the announcement of the jury’s decision, a series of aggravating and mitigating factors had to be read and considered. But, in the end, the jurors found Tsarnaev guilty of several aggravating factors and concluded his role in the bombing was “heinous, cruel and depraved” on eight counts. Among those aggravating factors was the death of 8-year-old Martin Richard, the youngest victim of the bombing.

Dzhokhar-Tsarnaev-guilty

A court artist’s rendering of Dzhokhar Tsarnaev, the last surviving Boston Marathon bomber, as the verdict was read aloud.

After 14 hours of deliberations over three days, the jury found he committed an act of terrorism that involved substantial planning and premeditation.

It is expected that he will appeal, which will either hold up or even possibly reverse the sentence. Tsarnaev will be the 63rd prisoner on federal death row and the average waiting time before sentencing is roughly 15 years. However, Oklahoma bomber Timothy McVeigh spent just four years on death row before he was executed. McVeigh was given the death penalty in 1997 and was executed in 2001.

The 2013 Boston Marathon bombings killed three people and injured more than 260 others when two pressure-cooker bombs were detonated near the finish line of the Boston Marathon. Tsarnaev was also convicted of killing a Massachusetts Institute of Technology police officer days later during a massive police manhunt for him and his brother, Tamerlan.

Tamerlan was killed in a shoot out with the Boston Police Department and the FBI, which ended in Dzhokhar escaping as he ran over his brother’s body. The defense attempted to save Tsarnaev’s life by claiming Tamerlan was to blame for the radicalization of his younger brother. In the end, the jury wasn’t buying.

Dzhokhar Tsarnaev, the 21-year-old Boston Marathon bomber


france-government

France’s Socialist government contains eight millionaires, a list of ministers’ personal assets showed. The report didn’t exactly comport with the image built by President Francois Hollande of servants taking frugal salaries and traveling no-frills.

There’s a Terror Wing in the Moocher Hall of Fame, so I guess it stands to reason that I should create a French Wing of the Bureaucrat Hall of Fame. After all, few nations can compete with France in the contest to over-tax and over-spend. And a lot of that spending goes to subsidize a bloated bureaucracy.

bureaucrat share of labor force

Moreover, I suspect many members of that bureaucracy work in jobs that shouldn’t exist and get wildly over-compensated.

Just last month, for instance, I honored one of those bureaucrats with membership in the Hall of Fame because she managed to squander an average of $145 of other people’s money on taxis each and every day (including weekends) even though she also had a taxpayer-provided car and chauffeur!

Wow. And she wasted that much money while working in a position (archivist for the country’s government-run media operation) that never should have been created.

Speaking of which, here are some amusing (only amusing because I’m not a French taxpayer) snippets from a story in the U.K.-based Times about some other ultra-spoiled French bureaucrats.

The 40 members of the Académie Française have…lavish perks… Their remuneration arrangements…include free flats in some of Paris’s most sought-after districts… The report, by the Court of Accounts, is likely to add to widespread resentment of a Parisian elite seen as clinging to its privileges.

The pay levels for these über-bureaucrats are absurd, but the perks are downright astounding.

Many [flats] were made available without justification to the intellectuals who belonged to the academies and their staff, the report said.Hélène Carrère d’Encausse, the historian who is its “permanent secretary”, received €104,768 a year and a free flat in Paris, the report said. The academy justifies her remuneration on the ground that her work is so great that she has to “renounce all literary work”. However, Mrs Carrère d’Encausse has produced nine books, largely on Russia, her specialist subject, since being given the post in 1999. …There is also criticism of Hugues Galls, the opera director who sits on the Academy of Fine Arts and runs one of its properties — the house and gardens where Claude Monet lived. The report said he received a BMW 125i, bought by the academy for €40,461. His garage fees of €1,700 a month are paid by the institution.

Hey, nice “work” if you can get it.

No wonder the OECD is based in Paris. The culture is perfect for elitist leeches.

And it shows that my First Theorem of Government applies in France as well as the United States.

mitchells-first-theorem-of-government

The only silver lining to this dark cloud is that the French elite is slowly waking up to the reality that the government is running out of victims to finance such special-interest perks.

P.S. I rarely get to celebrate good news, so let’s enjoy this moment because the government thugs who stole $107,000 from Lyndon McLellan are being forced to return the money.

Reason has the wonderful details.

…the federal prosecutor assigned to the case was peeved. “Your client needs to resolve this or litigate it,” Assistant U.S. Attorney Steve West wrote in an email message. “But publicity about it doesn’t help. It just ratchets up feelings in the agency. My offer is to return 50% of the money. The offer is good until March 30th COB.” That deadline came and went, but Lyndon McLellan, the convenience store owner who lost $107,000 to the IRS because it considered his bank deposits suspiciously small, refused to fold. That turned out to be a smart move, because West was bluffing. Yesterday the government agreed to drop the case and return all of McLellan’s money.

This is great news, but notice what happened. The Assistant U.S. Attorney initially tried to threaten this innocent man.

But as the case got more publicity, the hack bureaucrat was forced to relent, in much the same way cockroaches scurry into crevices when the kitchen light is turned on.

By the way, if anyone knows Steve West, make sure to let him know that he’s a despicable human being. I bet he’s friends with Robert Murphy and Michael Wolfensohn.

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There are few nations competing with France


al-baghdadi-audio

ISIS leader Abu Bakr al-Baghdadi. (Photo: Jihadi Website)

The Islamic State (ISIS) released an audio recording Thursday of leader Abu Bakr al-Baghdadi, who called on supporters around the world to join the fight, whether in Syria and Iraq or to take up arms in wherever nation they may live in.

However, that’s about as much that has been covered in the mainstream media, as the rest of al-Baghdadi’s message has largely been ignored for obvious reasons.

“Islam is a religion of war,” the ISIS leader purportedly says in the audio. “There is no excuse for any Muslim not to migrate to the Islamic State… Joining (the fight) is a duty of every Muslim. We are calling on you to either join or carry weapons (to fight) wherever you are.”

[brid video=”8536″ player=”1929″ title=”Abu Bakr alBaghdadi in ISIS Audio “]

While PPD could not independently verify the authenticity of the audio or its date, it was published by the group’s al-Furqan media outlet and posted on several known jihadi websites. The title of the audio — “Go Forth, Whether Light Or Heavy” — is directly referenced by the Qur’anic verse 9:41. The Islamic State publishers even listed the passage in full:

Go forth, whether light or heavy, and strive with your wealth and your lives in the cause of Allah. That is better for you, if you only knew.

The new ISIS audio, if verified, will serve as a proof of life and would be al-Baghdadi’s first message since a number of media reports said he was wounded this year in a U.S.-led coalition airstrike in Iraq. Because he speaks only generally about current events and the fact they chose to use an audio rather than a video, indications are that he is cut off from outside events to at least some degree.

Sources in the Pentagon, who never confirmed al-Baghdadi’s psychical condition, tell PPD they at least hoped he no longer ran the group and was perhaps paralyzed. There was no credible argument to be made that he had died as some reports suggested, according to sources. Though the group has faced military setbacks in Iraq after Iranian Shiite militias filled the void left by the U.S., including retaking the city of Tikrit in the first big counter-offensive since the Islamic State began to rapidly seize large swathes of territory last year.

However, the Islamic State has regrouped and relaunched a massive offensive in Iraq, reaching the center of Ramadi early Friday and raising its trademark black flag over the provincial government building. The ISIS offensive, which started Thursday night and continued into Friday, included suicide attacks with explosive-rigged cars near security check points in Ramadi, the capital of Anbar province, according to Anbar Gov. Suhaib Al-Rawi.

Ramadi, which is the middle of the Sunni heartland in Iraq, is just 70 miles (113 kilometers) west of Baghdad. ISIS captured the city’s police headquarters building and the Ramadi Great Mosque after pushing Iraqi special forces from the area.

The Islamic State (ISIS) released an audio


bb-king-undated-getty

Blues guitar legend B.B. King plays a solo on stage in this undated photograph. (Photo: Charlie Gillett/Red Ferns/Getty)

B.B. King, the legendary blues guitarist and singer-songwriter died peacefully in his sleep at 9:40 p.m. local time Thursday in Las Vegas at 89 years old.

Attorney Brent Bryson told The Associated Press that that funeral arrangements were being made for King, who died at his home where he had been in hospice care in declining health during the past year. He collapsed during a concert in Chicago last October, which was blamed on dehydration and exhaustion. King, a 15-time Grammy winner, suffered from diabetes, as well, and even helped to raise awareness sponsoring commercials for medical products.

For most of a career that spanned nearly 70 years, Riley B. King was a mentor to other renowned blues and rock guitarists, including Eric Clapton, Otis Rush, Buddy Guy, Jimi Hendrix, John Mayall, Slash and Keith Richards. He recorded more than 50 albums, appeared and played with hundreds of musicians, and toured around the world. Not only did his career continue well into his 80s, but B.B. King often put on some 250 or more concerts each year.

On his well-known Gibson guitar he affectionately called, and the world knew as Lucille, King made a blues sound and style all his own. He would and could go on single-string runs during a solo like no other before or after, punching his rhythm with a combination of loud jazz, blues and power chords, each interrupted with subtle vibratos and sustained yet sultry bent notes.

“The Thrill is Gone,” perhaps his best known song, will be a classic for the ages to blues and rock guitarists alike. It features a crying guitar and angry chords that projects the pain and anguish that comes along with forsaken love we cannot live with or without.

“Now that it’s all over, all I can do is wish you well,” King sang to an audience anticipating the final weeping shout.

“Sometimes I just think that there are more things to be said, to make the audience understand what I’m trying to do more,” King told The Associated Press in 2006. “When I’m singing, I don’t want you to just hear the melody. I want you to relive the story, because most of the songs have pretty good storytelling.”

King was born Riley B. King on Sept. 16, 1925 in dire poverty conditions in the Mississippi Delta, which was the birthplace of American blues music. He was raised by his grandmother after his parents separated and his mother died, and worked as a sharecropper for five years in Kilmichael. His father eventually found him and took him back to Indianola.

But it was in the Mississippi Delta where he spent hours developing his skills with his preacher uncle, who taught him to play the guitar. He began picking cotton on tenant farms before he was even a teenager. Being paid as little as 35 cents for every 100 pounds, King was still working off sharecropping debts after he got out of the Army during World War Two.

“I was a regular hand when I was 7. I picked cotton. I drove tractors. Children grew up not thinking that this is what they must do. We thought this was the thing to do to help your family,” he said.

bb-king-paris-grand-rex-09

Blues guitar legend B.B. King plays a solo on stage at Grand Rex Paris 9 in 2012. (Photo: Carlston Wilde/Rock Concerts)

When the weather was bad and he couldn’t work in the cotton fields, he walked 10 miles to a one-room school before dropping out in the 10th grade.

Though King got his start in radio with a gospel quartet in his home state of Mississippi, he would find his stepping-stone in Memphis, Tennessee, where a job as a disc jockey at WDIA gave him an in to the music world. The unfettered access to music records didn’t hurt, either, as he studied the great blues and jazz guitarists, including Django Reinhardt and T-Bone Walker. He played live music a few minutes each day as the “Beale Street Blues Boy,” which was later shortened to B.B. King.

From his first recorded hit in 1951 — “Three O’Clock Blues” — to the best-selling Grammy winner “Riding With the King” recorded with British-born guitarist and singer Eric Clapton, the influence from the Mississippi Delta rang true. However, he only began to reach white audiences in the 1960s with his album “Live at the Regal,” which would later be declared a historic sound recording worthy of preservation by the Library of Congress’ National Recording Registry. He gained a great deal of exposure and notoriety that helped him break into stardom in 1968, during an appearance at the Newport Folk Festival. That gig landed him a chance to open for the Rolling Stones in 1969.

“I’ve always tried to defend the idea that the blues doesn’t have to be sung by a person who comes from Mississippi, as I did,” Joe Smith quoted B.B. saying in his 1988 book Off the Record: An Oral History of Popular Music. “People all over the world have problems, and as long as people have problems, the blues can never die.”

King was inducted into the Blues Foundation Hall of Fame in 1984, the Rock and Roll Hall of Fame in 1987 and received the Songwriters Hall of Fame Lifetime Achievement Award in 1990. He received the Presidential Medal of Freedom from President George W. Bush, gave a guitar to Pope John Paul II and had President Barack Obama sing along to his “Sweet Home Chicago.”

“The Thrill Is Gone” landed him the best male rhythm ‘n’ blues performance in 1971, which preceded the best ethnic or traditional recording in 1982 for “There Must Be a Better World Somewhere.” He also won the best traditional blues recording or album multiple times after for various recordings, and his final Grammy was won in 2009 for best blues album for “One Kind Favor.”

When he wasn’t recording in 1956, King toured the world playing 342 one-nighters. In 1989, he spent 300 days on the road, but after he turned 80 he promised family, friends and fans he would slow down the pace. So, he only did about 100 shows a year. Despite his admirable and impressive lifestyle, King was a modest man who simply saw himself and his performances as maintaining a great tradition, one he loved with every fiber of his being.

“I’m just one who carried the baton because it was started long before me,” he told the AP in 2008.

He had 15 biological and adopted children and is survived by 11. Whether through his name or his music, B.B. King may be dead, but the thrill will never be gone.

[brid video=”8515″ player=”1929″ title=”B.B. King Live At Sing Sing Prison He Said It Was One Of His Best Performances”]

This video of B.B. King, who died at age 89, is one scene in a must-see and one of the best music documentaries ever made – Live at Sing Sing Prison. Get it on Amazon. This is one of the Producer Harry Wiland and David Hoffman filmed inside the joint. Scenes include a concert and other behind the scenes stories. Other scenes involve B.B. King and Joan Baez, Jimmy Walker and the Voices of East Harlem.

[caption id="attachment_25139" align="aligncenter" width="630"] Blues guitar legend


russ-feingold-2010

Defeated three-term Sen. Russ Feingold , D-Wis., concedes the election to Ron Johnson on Election Day 2010.

Former Sen. Russ Feingold, a leftwing progressive Democrat, announced Thursday that he will run to win back the U.S. Senate seat in Wisconsin he lost 6 years ago. The announcement, which was made via a video, demagogues corporations and big money in politics.

[brid video=”8513″ player=”1929″ title=”Russ Feingold Announces Bid For U.S. Senate In Wisconsin Again”]

“People tell me all the time that our politics and Washington are broken. And that multi-millionaires, billionaires and big corporations are calling the shots,” Feingold says in the video. “They especially say this about the U.S. Senate, and it’s hard not to agree. But what are we going to do? Get rid of the Senate?”

Feingold’s decision to jump into the race was met with a mixed reaction, including from Democrats. The race will be a rematch between Feingold and Sen. Ron Johnson, R-Wis., who defeated him 52 to 47 percent during the 2010 midterm elections. Feingold ran what was widely considered to be a terrible campaign in 2010, winning just 15 counties statewide. While Establishment Democrats have pressed Feingold to run a much different campaign in 2016, he has already received support from a former colleague.

“When I came to the Senate, Russ was a great progressive champion and leader. It was a big loss for the country when he lost his seat in the 2010 wave,” Sen. Jeff Merkley, D-Oreg., said in an email to PPD after the announcement. “Russ is the kind of leader we can count on to do what’s right when it matters most. He cast the only “no” vote against the Patriot Act when it first passed, standing up for our civil liberties and proving that he’s willing to make the tough calls to defend our progressive values. Russ was also leading the effort to end the war in Afghanistan, way back in 2010.”

But there are several factors working in Feingold’s favor this time around: Democratic turnout tends to spike in presidential election years, and recent polls have underscored that Johnson is one of the most vulnerable sitting GOP senators.

Marquette Law School, which is considered the gold standard state survey by the PPD Pollster Scorecard, released a poll in mid-April that found Feingold leading Johnson by 16 points in a hypothetical match-up. A March poll conducted by the Democratic firm Public Policy Polling found Feingold leading Johnson by 9 points.

Poll Date Sample MoE Feingold (D) Johnson (R) Raw Spread
PPD Average 3/6 – 4/10 52.0 39.5 Feingold +12.5
Marquette University 4/7 – 4/10 803 RV 3.5 54 38 Feingold +16
PPP (D) 3/6 – 3/8 1071 RV 3.0 50 41 Feingold +9

(Please Note: The above average represents the raw spread, which does not reflect weighting for accuracy according to the PPD Pollster Scorecard.)

“I’m not worried about it. I’ll leave other people to do the evaluation,” Sen. Johnson said. “I think it’s pretty much meaningless at this point in time.”

The senator has a point, historically, as Feingold was way ahead at a point in the cycle far closer to Election Day that it currently is now. Johnson, who was considered a long-shot underdog, didn’t begin to definitely pull away from Feingold until September 2010, just a few short weeks before the election. He will have ample support to fireback at Feingold, who will be well funded.

“Wisconsin voters fired Russ Feingold in 2010 because he was out of touch with their values,” Club for Growth President David McIntosh said in an email to PPD after the announcement. “Since then, he’s been working for President Obama and teaching in California. Now he’s coming back to Wisconsin looking for another chance.”

Even though he spent nearly six years out of the U.S. Senate, Feingold has never really left the progressive insider circles, something McIntosh is quick to remind voters about.

“It only makes sense that Feingold wants Wisconsinites to send him back to Washington,” he said. “In 20+ years he’s hardly ever left. Feingold is a lifelong politician who has used political arm-twisting to push a radical, big-government, big-labor, anti-economic growth and anti-taxpayer agenda.”

While it is true that Feingold has been a longtime campaign finance voice — and, was vehemently opposed to the Supreme Court Citizens United decision, which gutted his reform law — he might find himself a bit out of step with his party on super PACs. Despite the Koch brothers talk from Democrats in 2014, it was Harry Reid’s Senate Majority PAC that put out more than 40,000 Senate-focused television ads during the 2014 election cycle, which was far more than any other outside spending group.

The contribution by the PAC to the Democrat money advantage last cycle is actually understated by that number because, for every 20 ads run this cycle, 1 was put out by Reid’s group in support of so-called anti-big money progressives like Feingold. Nearly two-thirds of the money raised by Reid’s PAC — $34 million— came from big contributors giving half a million dollars or more, according to research of the Center for Public Integrity.

Yet, following his defeat in 2010, Feingold founded Progressives United, a group allegedly opposed to corporations’ influence on the political system. From July 2013 until March 2015, he served as the State Department’s special envoy for the Great Lakes Region of Africa.

“Feingold’s only objection to Obamacare was that it didn’t go far enough toward fully government-run health care. He voted often to add to our nation’s staggering federal debt, and he was repeatedly a solid YES on debt-busting bailouts and spending bills,” Mr. McIntosh added. “Since being voted out of office, Feingold has remained a strong Obama ally, only recently giving up his appointed post at the Obama State Department to find his way back to Wisconsin to run for office. In 2010, The Club for Growth PAC proudly stood with Ron Johnson in his successful defeat of Russ Feingold, and we are doing so again today.”

The Club for Growth, a pro-free market and limited government grassroots organization, won’t be the only thorn in Feingold’s side. The Wisconsin GOP already launched a website called RadicalRussFeingold.com and told reporters that he has a “voting record of supporting one disastrous policy after another.”

“As a Senator, Feingold accomplished nothing in 18 years,” the party writes on the site. “Now, he wants voters to believe things will be different the second time around. Feingold was consistently on the wrong side of hard-working families – supporting big-government policies that dramatically increased taxes and spending. His support for Obamacare is a classic hallmark of his failed legacy.”

The Wisconsin Republican Party criticized Feingold for spending more time in California and Washington than Wisconsin, and put together a video to hammer him over his “ObamaCare Problems.”

[brid video=”8514″ player=”1929″ title=”Russ Feingolds ObamaCare Problems”]

The Wisconsin Senate race is rated Leans Republican on PPD’s 2016 Senate Election Projection Model, and whether or not Feingold can demonstrate he is a significantly better candidate than he was in 2010 will have an enormous impact on moving the needle.

Former Sen. Russ Feingold, a leftwing progressive


alan-grayson

Rep. Alan Grayson, D-Fla., shoots and glaring look to Republican members during committee.

While the Bureaucrat Hall of Fame and Moocher Hall of Fame already exist, the Hypocrite Hall of Fame is just a concept. But once it gets set up, Congressman Alan Grayson of Florida will definitely be a charter member.

Here are some passages from a column in the Tampa Bay Times.

U.S. Rep. Alan Grayson, the outspoken, populist Democrat who thunders against Wall Street fat cats,and used to to joke about Mitt Romney’s low tax bill, incorporated a couple hedge funds in the Cayman Islands so investors could avoid taxes. Grayson Fund Ltd. and Grayson Master Fund were incorporated in 2011 in the Cayman Islands… That was the same year he wrote in the Huffington Post that the IRS should audit every Fortune 500 company because so many appear to be “evading taxes through transfer pricing and offshore tax havens.”

But apparently Grayson only wants other people to cough up more money to Washington.

Grayson’s financial disclosure statements indicate he has between $5-million and $25-million invested in the Grayson fund, and he lists no income from it.

The above sentence frankly doesn’t make sense. How can Grayson have millions of dollars of personal wealth and not generate any income?

The only plausible answer is that he’s just as bad at managing his own money as he is at managing the money of taxpayers (he “earned” an F from the National Taxpayers Union).

In any event, Grayson has plenty of company from fellow leftists who also use tax havens.

Including Treasury Secretary Jacob Lew.

And the President’s top trade negotiator.

Along with big donors to Obama.

Joined by huge donors to Democrats.

Politicians from Massachusetts also are hypocrites. They endorse higher taxes on everyone else, but use neighboring states to protect themselves from oppressive taxation. John Kerry is a prime example, as are run-of-the-mill hacks from the state legislature.

The on-air “talent” at MSNBC also has trouble obeying tax laws. At least Bill and Hillary Clinton have figured out how to legally dodge taxes while endorsing higher burdens for the rest of us.

Though I must admit that the really smart pro-tax statists simply choose to work at places where they’re exempt from taxation. Hey, nice “work” if you can get it.

P.S. Nothing written here should be construed as criticism of tax havens, which are very admirable places.

I’m just irked when I discover that greedy pro-tax politicians are protecting their own money while pillaging our money.

P.P.S. By the way, it’s worth noting that the Cayman Islands is basically a conduit for investment in America’s economy.

Here’s a chart, prepared by the Treasury Department, showing that “Caribbean Banking Centers” are the biggest source of investment for America’s financial markets.

And the reason why the Cayman Islands are a platform for investment to the United States is that America is a tax haven for foreigners, assuming they follow certain rules.

P.P.P.S. Since today’s topic deals with international taxation, here’s an update on “FATCA,” which arguably is the worst provision in the entire tax code.

Here are some passages from a recent column in the New York Times.

…recent efforts by the United States Congress to capture tax revenues on unreported revenues and assets held in foreign accounts are having disastrous effects on a growing number of Americans living abroad. The Foreign Account Tax Compliance Act, or Fatca, signed into law in March 2010 but only now coming into full effect, has been a bipartisan lesson in the law of unintended consequences. Pressure is growing to halt its pernicious impact.

I agree the law is a disaster and that pressure is growing to ameliorate its negative effects, but we need more lawmakers like Rand Paul if we want to translate unhappiness into action.

Here are further details from the column.

The bureaucratic burden of identifying, verifying and reporting has caused many banks to regard American clients, particularly those of moderate means, as more trouble than they are worth. Middle-class Americans living abroad are losing bank accounts and home mortgages and, in some cases, having their retirement savings exposed to debilitating taxes and penalties. …Those impacted are left with the choice of uprooting their families (including foreign spouses and children), careers and businesses to re-establish a life in the United States; or to make the painful decision to renounce their citizenship.

No wonder so many Americans are put in a position where they have to give up their passports and become foreigners.

But here’s the really frightening part.

Worse yet, the law has spawned a potentially more intrusive program known as the Global Account Tax Compliance Act, or Gatca. The proposal, developed by the Organization for Economic Cooperation and Development, calls for data from accounts opened by a foreign national to be automatically reported to that person’s homeland tax authorities. While Gatca is in an early stage of negotiation and implementation, observers believe that as many as 65 countries will ultimately be involved. Fatca, and by extension Gatca, are forming more links in the chain of global government snooping into the lives of innocent individuals under the guise of identifying criminals and tax cheats. For Americans, it is a massive breach of the Fourth Amendment, which forbids unreasonable search and seizure. The repeal of Fatca is the only way to end this dangerous and growing government overreach.

I’ve been warning about this awful outcome for almost four years, so it’s good to see more people are recognizing the danger.

And if you want more details, Richard Rahn and David Burton have explained why these awful policies will lead to bigger government and more statism.

P.P.P.P.S. I’m sure nobody will be surprised to learns that Obama has played a destructive role in these debates.

After all, tax havens and tax competition inhibit government growth and Obama wants the opposite outcome.

[brid video=”8512″ player=”1929″ title=”President Obamas Dishonest Demagoguery on SoCalled Tax Havens”]

[mybooktable book=”global-tax-revolution-the-rise-of-tax-competition-and-the-battle-to-defend-it” display=”summary” buybutton_shadowbox=”true”]

While the Bureaucrat Hall of Fame and

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