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sonofasillyperson

Wednesday, June 11, 2008

On foul language, smoking, and morality

Following is a post I did in February of 2006 - the passage of a full smoking ban here in Fargo got me to thinking about this post, so I re-read it and figured now’s as good a time to share it w/ my new audience here at SAB.  Enjoy...

A funny thing happened on the way back to my office today.  In part to celebrate my new job title (a semi-promotion, if that’s not too self-congratulatory), in part to relieve a bit of job-related stress, and in part just because it sounded good, I eschewed the downtown Minneapolis skyway, lit a semi-cheap but uniquely-flavored cigar, and walked from an off-site meeting back to my office via the outdoor route, despite the 15-degree temps.  While waiting for the “walk” signal at a street corner, a man in an H2 rolled down his window and yelled at me, “Put that f’ing thing out, I don’t want your second-hand smoke!” His light turned green before I had a chance to get into a verbal spar with him, and I didn’t think too deeply about it - as a cigar smoker I’ve become fairly immune to peoples’ spoken desires for me to extinguish my stogie.

Upon getting back to my office, I donned my headphones and listened the last few minutes of the Dennis Prager show.  Dennis was lamenting today’s vote for a complete public smoking ban in Britain.  In doing so, he mentioned something to the effect of, “when I was a kid and I went to baseball games, everybody smoked and no one swore; today, nobody smokes and everybody swears” and “we’ve traded in moral character development for a nearly religious commitment to physical health” (I’m paraphrasing, not quoting, but it was something like that).

I chuckled to myself, thinking about the f-bomb the the H2 driver had dropped on me, and then I started thinking about the incident a bit more.  Let’s forget for a moment about the most obvious irony: that a guy driving a vehicle with EPA-estimated miles per gallon in the single digits would whine about the size of my carbon footprint.  The bigger irony to me (and I’m guessing, to Dennis Prager) is that a guy who had the windows completely closed on his H2 would take the time to roll them down and chastise me for contributing tobacco smoke to the environment.  My secondhand smoke was obviously not going to get into his lungs, and I was alone on the street (did I mention the 15-degree temps?).  The questionable notion of me jeopardizing someone’s respiratory health was obviously not at issue here.

(big change of subject here - I promise to bring the loose ends together)

I taught Business Ethics last quarter, and one of the (very easy) questions on a quiz that I gave was “Do corporate codes of conduct tend to be highly detailed or fairly general in their outlining of acceptable behavior?” The answer, for those of you who don’t care to think deeply about it, is “fairly general”.  Why, though?

As anyone who pays attention to ethics breaches in the corporate world today can tell you, it’s nearly impossible to ennumerate all of the potential ways that business agents can err in terms of their ethical behavior.  Lists of what to do in specific situations would not only be impossibly long, they would also be hopelessly incomplete.  Thus, organizations draft codes of conduct that are somewhat general, giving guidelines for what is deemed to be ethically acceptable, and giving occasional examples to illustrate those guidelines.

Today, we live in a politically correct society that equates political and/or social stances with being moral or immoral, without much thought given to what moral principles lead to that chosen stance. 

For example, to the politically correct crowd, opposing affirmative action means you’re racist (i.e., immoral), because you’re opposed to giving ethnic minorities specific advantages to level the proverbial playing field.  If you’re opposed to it because you believe that such policies necessarily presume that ethnic minorities need such advantages, and that giving those advantages means placing members of an ethnic majority who, as individuals, personally did nothing to place the minority in a relative disadvantage, who cares?  You’re still a racist to the PC crowd.

If you drive a car that runs on E-85, you’re automatically moral to the politically correct.  Forget the fact that, given the current state of ethanol production in this nation, it takes more than a gallon of diesel and/or gasoline to bring one gallon of ethanol to market - it’s still green (and thus good - a.k.a., moral) behavior!

And if you smoke, you’re immoral not because it’s unhealthy to your own self, but because of the second-hand smoke it releases.  Forget whether or not you’re alone on a street corner on day cold enough that no one in the passing cars has rolled-down windows.  Forget whether you’re in a British pub, with other adults who came to said pub of their own volition, served by wait-staff who make the decision each day to come to a smoking’s-allowed-workplace.  And, most ludicrous of all, forget whether you’re in a theater watching an Arthur Miller play that calls for the protagonist to smoke a cigarette during the performance, the anti-smoking zeolots can still get the play re-written in 15 minutes, simply because not smoking is more important than the art itself.  The very fact that you’re smoking means that you’re releasing second-hand smoke; whether or not someone breathes it in is irrelevant.  It’s immoral.

This is the same PC crowd which cries foul when the sitting president refers to nations like Iran and North Korea as evil.  The same crowd which seeks to “understand the natures” of Islamic terrorists who killed 3,000 people in the 9/11 attacks, while condemning as evil America’s decision to seek vengeance and to pre-emptively defend itself from an enemy which has promised more, similar attacks.  The same crowd which calls the cartoons mocking Islam “abhorrent” and “hate-filled” while calling Che Guevara “dashing”.

Our society today is in a state of moral confusion, and the reason is simple.  To too many people, holding the (politically) correct position on an issue is much more important than understanding how one came to that position in the first place.  Schools are to blame, parents are to blame (Dennis Prager often cites the survey that said more parents would be upset if their child was caught smoking than cheating on an exam), the media are to blame, and society in general is to blame.  It’s high time we started holding our underlying values in higher regard than the resultant positions that we take.  If we do, the world will make more moral sense.

Friday, April 25, 2008

“Wait a minute, there’s an animal loose…”

Happy Rick Monday day!

I love the shot of Lasorda standing next to the two “animals” - no doubt letting loose on them as bad as he’s ever let loose on a home-plate ump.  How priceless would it be to overhear that conversation?

Cross-posted at ...or I shall taunt you a second time-uh!

Wednesday, March 26, 2008

Tax thoughts, 2008

UPDATE: OK, so the original title isn't quite so clever when the strikethrough font doesn't work the way it does over at Blogger. The original title to this post, "Death and to taxes! (and Congressional economic meddling)" doesn't work as well this way, so I'm changing it so I'm not construed as some complete wing-nut tax dodger.


Remy’s back with another seasonal video (although he came up with this one last tax season).  My tax thoughts below…



For the first time since fatherofsonofasillyperson paid his accountant $45 to file a 1040-EZ (quite possibly the biggest ripoff since the income tax itself) for me, I eschewed the ol’ pencil and paper method and downloaded TurboTax to aid my annual reminder of why I dropped my Income Tax course in college.  I don’t think there’s any product in existence that can make tax filing pleasurable, but TT at least made it pain-free (well, the process of completing the forms, anyway).

What I really want to discuss today is the government’s increasingly frequent exercises in stupidity that they do in the name of “fixing” the economy, namely, diddling with interest rates and the ludicrous “economic stimulus package”.  I blogged this bit over 15 months ago - well before the adjective “sub-prime” became tip-of-tongue for most lay economists, and it deserves (I think, anyway) re-reading now:

We’ve had artificially low interest rates for the better part of the last 10 years, and we’ve seen skyrocketing home prices and the advent of 125% equity loans as a result. But now that interest rates are on the rise again, monthly mortgage payments are going up (even with housing prices staying relatively flat), which means that more and more people are stuck in their homes, because they won’t sell their home with their inflated second mortgage and wind up OWING money at closing rather than GETTING it. I’m no Nostradamus, but the future of mortgage foreclosures and student loan defaults should be relatively clear to most people. It’s time for government to stop meddling with interest rates and just let the business cycle (boom and bust) run its course.


What’s this got to do with paying my taxes, you ask?  Plenty, mister, plenty.  You already know that daughterinlawofasillyperson and I relocated last summer; you may not know that, due to the aforementioned mortgage foreclosures and the increased-by-900%-over-normal inventory of homes on the market, we were unable to sell our just-a-notch-above-modest home.  Without the proceeds of a home sale to finance the down payment and closing costs of a new one, we turned to an emergency fire-sale of the stock options that my employer had granted me upon my hiring 6 years ago, and hired a property manager to find tenants for our Minneapolis house (though we stubbornly kept on trying to sell the house for 3 months more before doing so, but that’s another story).  Back to the fire sale…

Many of you may see where this is going: the entirety of the proceeds of the options sale went to the bank and/or closing company, so none was withheld for tax purposes.  I’m not a live-paycheck-to-paycheck kind of guy, so we have our proverbial rainy-day fund to turn to in order to pay the bill, and as it just so happens, the “economic stimulus” check we’re due to receive in a couple of months will just about perfectly replenish the rainy-day fund when all is said and done.

My epitomologically long-winded point is this: “Hey Uncle Sam: stop tinkering with the economy!  You’re not making any progress toward ‘stabilizing’ anything, and it’s just causing more paperwork for the lot of us!” Not to mention creating a huge population of people that now have to rent houses instead of buying them, because their credit is ruined because of foreclosure!  But hey, there’s also a growing number of rental properties available because people like me refused to sell low when other alternatives were available. 

You see how it all works out?  Responsible people who make informed and reasonable choices end up right back where they were before the feds’ interference.  And uninformed people who make unreasonable choices get the shaft.  When are the ego-maniacs in Washington (and Wall Street) going to realize that they can’t conjure up a booming economy with spending bills (no matter what pretty names they put on them) and interest rate cuts?  In our increasingly globalized world, the supply of US dollars (which is really what they’re controlling by tweaking interest rates - if you don’t understand that, get this book) holds less and less sway over the domestic economy.  Sound tax policy (i.e., low personal and corporate rates) that make people and businesses want to live and operate in your jurisdiction is the way to revive the economy, not shaky fiscal policy.  Is it a coincidence that more and more U.S. companies are ratcheting up operations in Europe and Southeast Asia at a time when U.S. tax rates are probably going to go up (thanks to Democrats) and every other advanced economy in the world is slashing tax rates?

It works like this: think for a moment on a purely domestic scale.  How do states (like South Dakota and Nevada, for example) drive incredible growth in their economies?  Mainly by providing a favorable tax structure vis-a-vis their neighbors.  Sioux Falls, SD is witnessing amazing growth because of South Dakota’s smart tax policies (i.e., low rates!) and good marketing.  You don’t listen to talk radio in Minneapolis very long before you hear spots touting South Dakota’s favorable business environment; I know a guy considering moving his business from Minneapolis to Sioux Falls right now for one reason - lower taxes will help him keep his business afloat during this economic downturn.  Nevada: same story.

Think even smaller-scale.  How is it that deep discounters like Wal-Mart and Best Buy are some of the most financially successful business models out there, despite operating on a lower margin (that’s profit-per-widget for you non-business types) than their competitors?  By earning a smaller profit on a vastly increased volume of sales, that’s how.

This is how cutting tax rates produces higher tax revenues (to a point, anyway - no one thinks cutting your tax rates to zero will produce higher revenues) - i.e., the Laffer curve.  You rely on an increased number of transactions to produce greater profits, even if individual transactions result in lower profits.  Much like a sale at Target.  “Hmm, we’re not making much money lately - how can we get more people into the store?  I know!  We’ll have a sale!  And advertise it!  Brilliant!”

Go back to the international scale now.  Somehow “outsourcing” has become a 4-letter word that Democrats love to throw around as an epithet, but only GOP stalwarts are putting forth tax policies that make outsourcing less desirable as an operating strategy, much less complete relocation of companies to overseas markets.  Hillary and Barack have put forth suggestions that they’ll penalize companies that do this, and reward companies who stay put.  How do you suppose that will work out?  Here’s how: Companies who need to relocate or outsource to overseas markets in order to stay afloat will find a way to do so without paying this “relo-tax” - even if it means shutting down (temporarily).  And companies who stay put will receive their incentives, only to have to re-invest those incentives in themselves in order to stay temporarily competitive with their rivals who are now located in a more economically-friendly place.

People, this isn’t complicated.  It takes a left-leaning Congress to make it complicated.  Enough with the tinkering already.  Let us take our lumps, economically speaking, and let markets work themselves out.  Figure out how to cut tax rates beyond what other similar economies are doing (mainly by reducing government spending), and you’ll be impressed with the results.  Really.


Cross-posted at or I shall taunt you a second time-uh!

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