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Business ‘Savant’ Andrew Ross Sorkin Gets Elon Musk Very, Very Wrong

Seton Motley | Less Government | LessGovernment.org

At This Point, the Government Might as Well Just Let Musk Print it Himself

We warned that this was happening.

In case you don’t already know – this is Andrew Ross Sorkin: “Andrew Ross Sorkin is a columnist for The New York Times and the founder and editor-at-large of DealBook, an online daily financial report published by The Times that he started in 2001. In addition, Mr. Sorkin is an assistant editor of business and finance news, helping guide and shape the paper’s coverage.  Mr. Sorkin is also a co-anchor of Squawk Box, CNBC’s signature morning program.”

So Sorkin is considered a financial guru – a savant of all things business.  So how is he so very, very wrong about government teat specialist Elon Musk?: “Donald Trump: Please think about calling Elon Musk….Mr. Musk…(is) the real-life Tony Stark behind Tesla, the electric car company; SolarCity, the solar power provider; and SpaceX, the rocket company….”

Actually, Elon Musk isn’t the Tony Stark of anything.  And the only person behind Tesla and Solar City is a government bureaucrat – writing Musk yet another government check.

So far, Musk has received FIVE BILLION DOLLARS in government money – mostly for his “green energy” business fallacies.  He is arguably the world’s largest welfare recipient. More

Trump Is Looking to Go – ‘Big League.’ Congress Says They’re Ready. Let’s Do It

Seton Motley | Less Government | LessGovernment.org

The Time for Time
in the Minors is Over

President-elect Donald Trump is from all appearances looking from Day One to very rapidly go very “big league.”  And by “big league” – he means huge reductions in the amounts of the federal government to which we are subjected.

After more than a century of Washington, D.C. ceaselessly, inexorably vacuuming up power that Constitutionally belongs to the states, municipalities and/or We the People – Trump’s revolution will be about re-devolving power.

Trump’s not doing this as the implementation of a lifelong ideological crusade.  Because he’s not an ideological crusader.  He’s a businessman – he just wants things to work.  And he has spent a lifetime watching government (at all levels) royally screw up…basically everything.

Call this the Reality Revolution.  DC has spent a century-plus ignoring Reality – Trump intends to again acknowledge it.

Trump was throughout the campaign routinely ridiculed by the Left and the Never Trump Right for his amorphous pledge to hire “the best people.”  Turns out he wasn’t kidding.  He is rapidly assembling, almost inarguably, the most deregulatory Cabinet in our nation’s history.

Heck, Trump’s nominated as Energy Secretary former Texas Governor Rick Perry – who four years ago ran for President pledging to close the Energy Department.  It doesn’t get any more deregulatory than that.  (And it should be closed – and be just one of oh-so-very-many to go.) More

Shocker: Government Bureaucrats Don’t Understand Business or Economics

Seton Motley | Less Government | LessGovernment.org

Sadly, Epidemic Upon Epidemic

It is one of the many, many reasons our nation’s Founding Fathers profoundly limited government. They trusted businessmen much more than they trusted government bureaucrats. Because they knew: Those who can – do. Those who can’t – regulate those who can.

The Founders knew the private sector is better, stronger and faster than government. And smarter. And better behaved. And better intended. And….

The Founders only established the federal government. But they understood that these government limitations exist at every level – and thus limitations should be imposed on every level. State and local bureaucrats are just as inferior to private businessman – and should be just as restricted.

But as we all know, since the Founders’ glorious creation governments at all levels have grown exponentially – and continue to grow inexorably. And as governments have achieved their now titanic proportions, they have attracted more and more bureaucrats that are increasingly hostile to the private sector. They don’t know it or understand it – but they don’t like it. And they use all the arms of the giant governments at their disposal as weapons to attack the businesses and businessmen they loathe.

To wit: New York State Attorney General Eric Schneiderman. Who REALLY has it in for petroleum companies. And has spent the last several years placing his oversized government power in the service of environmental radicals – to persecute them:

“(E)nvironmental activists…are now accusing publicly traded oil and gas corporations of hiding the true costs of climate change to their businesses. The effort threatens to change the current focus of financial reporting—which is to provide salient information to investors—and instead serve the policy agenda of liberal activists…. More

A Tale of Two Governors: Massive Cronyism and Other Terrible Policy

Seton Motley | Less Government | LessGovernment.org

Let’s Finally Break the Cycle

One of the heights of lowness that government cronyism has reached is a company managing to so master the favoritism processes, they get multiple states to simultaneously fill its trough.

One such lord of the crony universe – is Exelon: “(A) Chicago-based Fortune 100 company with annual revenues of over $34 billion.” Yet again demonstrating one of the ugliest aspects of cronyism: The only beneficiaries are companies so big they can afford to sufficiently bribe government – and thus don’t need the cronyism in the first place.

Who is Exelon?: “(P)ower company Exelon…describes themselves thus: ‘Exelon does business in 48 states, the District of Columbia and Canada. Wherever we are, we work with local employees, customers, government officials and the public to design strategies that leave each community better than we found it.’ A more accurate self-assessment would be ‘we work with…government officials…to design strategies that (allow us to) leave each community better (off our own selves) than when we found it.’”

Two states are currently vying to outdo one another to massively benefit Exelon.

In Illinois, allegedly-Republican Governor Bruce Rauner just signed a lawthat gets Exelon a $5.3 billion state government check. How any Republican could have just witnessed the “Drain the Swamp” election of President-elect Donald Trump – and immediately thereafter think this is a good idea – is light years beyond me. More

Actual Free Trade and Trump Trade Are Absolutely, Perfectly Compatible

Seton Motley | Less Government | LessGovernment.org

Choose Your Prism Wisely

One of the biggest mistakes made by so many people on the Right freaking out about President-elect Donald Trump – is looking at him through a political prism. Donald Trump is not a politician. Thus a political prism – is out of phase and focus when trained on someone like Trump.

Trump is a businessman – thus one must regard him through a business prism. Too many lifelong politicos simply don’t possess that particular looking glass – so their view of the man is perpetually warped and skewed.

To wit: The Art of the Deal. Trump has a lifelong track record of, on the main, transcendentally successful negotiated transactions. He turned a million dollar loan from his father into a multi-billion-dollar international empire – largely by cutting good deals.

Meanwhile, the Republican Party has a lifelong track record of starting a negotiation where they’d like to end up, then preemptively negotiating with themselves backwards from that position – and winding up with terrible deal after terrible deal.

The GOP just announced its unilateral, pre-game capitulation on the terrible Dodd-Frank banking law. Trump campaigned on repealing entirely this “very negative force.” And before Trump’s even sworn in, his Congressional Party colleagues are already lining up to cower in the corner: “While President-elect Donald Trump campaigned on a promise to ‘dismantle’ the law, Republican lawmakers are setting their sights on a lower target.” More

The FCC Should Be Closed Forever. But First…

Seton Motley | Less Government | LessGovernment.org

Hopefully Popping Up All Over DC

…nigh all of what the Barack Obama Administration’s Federal Communications Commission (FCC) spent the last eight years doing – should be undone.

The very fact that the Obama FCC spent so much time unilaterally power grabbing things to do – only yet again demonstrates that the Commission doesn’t really have anything legitimate to do. And thus no longer has any reason to exist.

After executing the huge Network Neutrality power grab, current Obama FCC Chairman Tom Wheeler ridiculously uttered: “We are going to be sued. That’s the history. Every time in this whole discussion any time the commission has moved to do something, one of the big dogs has gone to sue…. We don’t want to ignore history.”

This is as untrue as it is amazingly un-self-aware. First, one big dog didn’t sue to contest that particular grab – nearly a dozen dogs of assorted sizes did. Second, the FCC moves on all sorts of things – about which no one sues, and for which all the dogs have nothing but praise.

The FCC gets sued – when the FCC overreaches its very limited legal authority. The fact that Chairman Wheeler has been so myopically fixated on doing that – is the reason he gets sued so frequently.       More

A Chance for Congress to Kill Some Cronyism

Seton Motley | Less Government | LessGovernment.org

They Don’t Even Do These
Deals in the Backroom Anymore

President-elect Donald Trump ran in part against the business-as-usual cronyism that has for decades been rampant in Washington, D.C. His pledge to “Drain the Swamp” resoundingly resonated – and helped propel him to the presidency.

Congress has been a chronic, consistent swamp filler. Now, headed into the Trump presidency, Congress has an opportunity to reverse course and start draining. They absolutely should avail themselves.

The prospective cronyism in question revolves around the West Lake Landfill in Bridgetown, Missouri (located near Saint Louis’ Lambert Airport). A limestone quarry in the 1930s, it during World War II and into the 1960s became a dumping ground for, amongst other things, processed uranium.

Thankfully, a 2015 Environmental Protection Agency (EPA) study concluded that the site actually poses no health risk. Nevertheless, the Agency had in 1990 declared West Lake a Superfund site designated for cleanup – so a cleanup we will have.

But this is government – and government moves…s l o w l y. The EPA didn’t get around to hiring anyone to do the work until…2015. At which point the speed of the private sector would have kicked in. The cleanup company retained would have had the gig finished by the end of this year. One year – and done. No fuss – no more muss.

Great news, right? Well, not for the Teamsters Union. The Teamsters haven’t unionized the landfill cleanup company – so they had no hand in the job. So they began methodically working to kill the cleanup. Because they are, first and foremost, environmentalists concerned about the Earth. I kid. They want the deal cancelled – and redone involving them. More

Unfortunately, Congress Needs to Pass This Fourth Amendment Reminder

Seton Motley | Less Government | LessGovernment.org

A Legislative Refresher Course

Our Constitution’s Fourth Amendment reads as follows: “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.”

As with nigh all the rest of our Constitution, the federal government has long been ignoring the Fourth. Likely the most notorious example is the National Security Administration (NSA)’s bulk data collection. Which is the Feds: “(S)toring the online metadata of millions of internet users for up to a year, regardless of whether or not they are persons of interest to the agency….”

The NSA has been amassing so much data on persons “not…of interest” – that it built a $1.2 billion data center that’s seven times larger than the Pentagon. (If you’re questioning whether the Fourth Amendment’s “papers” protection applies to digital data – imagine hitting “Print.”)

Let me guess what you’re wondering now: How could the NSA possibly be issued this sort of mass, blanket warrant, under the auspices of the Fourth Amendment – if millions of these persons are “not…of interest?” I.e. – totally devoid of any probable cause? A very reasonable question. More

New York Staters Must Be Tired of Big City, Big Government Cronyism

Seton Motley | Less Government | LessGovernment.org

The State? Yes
The City? Not So Much

The 2016 Presidential election has renewed the ridiculous argument that we should shed the Electoral College and decide the race by the popular vote. Because Republican President-elect Donald Trump decisively won the former – but received approximately two million less votes in the latter.

Leave aside the fact that Trump ran the electoral race, rather than the popular one – because that’s what gets you the presidency. The reason the Electoral College was established is the reason it remains vitally important today – massive cities should not unilaterally determine the fate of the entire nation.

Or a state. To wit: New York. Democrat presidential candidate Hillary Clinton won the five boroughs of New York City by more than 1.5 million votes. Get that? Nigh the entirety of Clinton’s national popular vote advantage – comes from just this one city. The rest of New York State – Clinton won by a grand total of 1,260 votes. This is the state from which Trump hails – but in which he spent virtually no campaign time because the City-induced outcome was foregone.

Of course, Gotham also overwhelms, swamps and dictates state government. While the rest of New York is the swing-est of swing states – New York City guarantees that radical Leftists run Albany.

To wit: Democrat Governor Andrew Cuomo. Who believes in the most ridiculous of government fantasies. And uses any unilateral means necessary to foist them upon New York City – and the beleaguered, reasonable New Yorkers beyond the city’s bounds. More

Will a Republican Senate Stick a Republican President with a Democrat FCC?

Seton Motley | Less Government | LessGovernment.org

Looking Heavenward
for an Explanation

The GOP ain’t called “The Stupid Party” for nothing.

Reports last week indicate that Senate Democrats – the minority Party – had pulled together enough of their Republican majority cohorts to have a lame-duck session vote to give Democrat Federal Communications Commission (FCC) Commissioner Jessica Rosenworcel a brand new term.

A lame-duck session – as in a vote by members whom We the People just said we don’t want voting anymore. To preemptively foist upon incoming Republican President Donald Trump – a Democrat-controlled FCC.

Now that’s stupid.

Here’s how the FCC is populated. There are five voting Commissioners – one of whom also serves as Chairman. Thus the partisan split is 3-2 – with the President’s Party holding the majority. They serve Senate-confirmed terms – which means Commissioner tenures often bridge administrations.

Current Democrat Commissioner Mignon Clyburn’s term does. So do the terms of both current Republicans – Ajit Pai and Mike O’Reilly. Commissioner Rosenworcel’s term ends this year – in other words, imminently. Thus the Democrat push to renew. More