Anti-Israel Billboard

March 22, 2016 at 1:22 pm

An anti-Israel billboard in Worcester, Mass., and how it fits in with statements by Barack Obama and Donald Trump is the subject of my column this week. Please check it out at the New York Sun (here) and Newsmax (here).

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Andrew Grove

March 22, 2016 at 12:41 pm

The death of Andrew Grove — who, astonishingly, in my view, didn't even rate a front-page obituary in today's New York Times — is a moment to reflect on immigration, on America, and on the triumph of freedom over fascism and communism.

Even the pre-prepared obituaries don't quite manage to capture the full intensity of Grove's life story. I started writing about it for another project that, alas, never came to fruition, but now is as good a time as any to share some of it:

In Budapest, a six-year-old-boy, Andras Istvan Grof, was told by a playmate, "Jews like you killed Jesus Christ, and we're going to push all of you into the Danube." Grof hid in Nazi-controlled Hungary by pretending to be a gentile. His mother warned him against using their apartment house's communal toilet when others were present; Grof's circumcision might betray the secret of his identity....

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Latte Lawsuit

March 22, 2016 at 11:23 am

Nation's Restaurant News reports on a federal lawsuit seeking class action status claiming that Starbucks underfills its steamed-milk coffee drinks to save on ingredient costs:

a federal lawsuit claims that the Seattle-based coffee giant deliberately underfills its lattes by approximately 25 percent.

"Starbucks lattes are uniformly underfilled pursuant to a standardized recipe," says the lawsuit filed against the company this week. "Tall lattes are not 12 fluid ounces. Grande lattes are not 16 fluid ounces, and Venti lattes are not 20 fluid ounces. Starbucks cheats purchasers by providing less fluid ounces in their lattes than represented."

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SEC and Leon Cooperman

March 22, 2016 at 10:53 am

Leon Cooperman had a piece in the New York Post a few years back objecting to President Obama's divisiveness. Now the SEC is reportedly going after him and his firm, Omega Advisors.

Maybe these things are entirely unrelated. The details of the SEC's concerns are not yet entirely clear. Having publicly criticized the president shouldn't make a person immune to law enforcement scrutiny. But even so, I wouldn't be surprised if, rightly or wrongly, some people draw the conclusion that if they don't want to make themselves a target for regulatory scrutiny, they should make their public political profile minimal to invisible. Or at least make it supportive of the president rather than critical of him.

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Inflating Away Israel's Aid?

March 18, 2016 at 4:32 pm

Is the weakening dollar gradually eroding the purchasing power of the $3.1 billion a year in military aid that America gives Israel? That's the topic of a column I wrote for the New York Sun in advance of the annual policy conference of the American Israel Public Affairs Committee. Please check the column out here.

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What Trump and Hillary Clinton Have in Common

March 15, 2016 at 12:42 pm

The similarities between Donald Trump and Hillary Clinton are the topic of my column this week. I forgot to mention, but should have remembered to mention, that they also both have come out publicly in favor of an increase in the federal tax on "carried interest" earned by managers of investment partnerships. Please check the whole column out at CapX (here), the New York Sun (here), Reason (here), and Newsmax (here).

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Latest Election News

March 9, 2016 at 1:19 pm

A few observations coming off this week's national political developments:

The Dave Brat upset of Eric Cantor in the 2014 Republican primary in Virginia foreshadowed much of what we are seeing now, with Republican primary voters just totally fed up with the Washington "establishment" or "donor class" or "Wall Street" party. Trump and Cruz, who have been getting lots of votes, are more in tune with that "throw the bums out" sentiment than Mitt Romney or Jeb Bush or even Marco Rubio. The 2016 primary season is Brat versus Cantor translated onto the national stage. It doesn't seem to have deterred any voters that Mr. Brat hasn't been any more effective than Mr. Cantor was in rolling back or even obstructing President Obama's agenda from the perch of the House of Representative. These voters are using their "voice" mechanism in the "voice or exit" scheme.

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Behind the BPS Walkout

March 7, 2016 at 9:41 pm

Hundreds of students walked out of Boston public schools Monday to protest "budget cuts." WBUR reports that "cuts" is a definitional question: "Although the schools budget from the city of Boston is $13.5 million more than last year, the district is still facing a deficit due to rising expenses."

It says something about the schools and public discourse that spending $13.5 million more on them is described as "cuts." Also noteworthy is a list of the "cuts" circulating on the web. At one school, the Arabic program is being eliminated. Another is reportedly cutting a "proposed" "African American History AP class." Again, the stuff being "cut" either doesn't exist yet or is something that never would have existed years ago. That doesn't necessarily mean it isn't worth doing, but it does put the protests about "cuts" in perspective.

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Defending David Rubenstein

March 7, 2016 at 4:42 pm

The joint New Yorker-ProPublica attack on businessman and philanthropist David Rubenstein is the topic of my column this week. It's a pretty unbelievable situation when Si Newhouse's New Yorker is attacking Mr. Rubenstein for living too lavishly and not paying enough taxes. Please read the whole column at the New York Sun (here), CapX (here), and Newsmax (here).

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Four-Pack

March 7, 2016 at 10:37 am

The New York Times runs a whole article about itinerant rich people:

Oren Alexander, the Miami-based real estate agent to the rich, no longer thinks of his clients as second-home buyers. Today's ultrawealthy, he says, are often looking for "the four-pack" — a pied-à-terre in New York, a beach house in the Hamptons, a ski villa in Aspen and a winter condo in Miami.

"They're not really looking for full-time residences anymore," said Mr. Alexander, a broker with Douglas Elliman. "They want stops on the big circuit."

More:

New York's peak millionaire population is in June, when the city is home to 32,500 people worth $10 million or more. In February, the low month, the population of deca-millionaires plunges by nearly two-thirds, to 11,700.

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Walter Russell Mead's Diagnosis

March 7, 2016 at 10:25 am

Walter Russell Mead, writing at the American Interest, has a diagnosis that I pass along because it is provocative but not necessarily because I entirely endorse it:

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Brokered Convention

March 7, 2016 at 10:05 am

Matthew Continetti has a piece at the Washington Free Beacon throwing some cold water on the chatter about a brokered Republican convention somehow preventing the nomination of Donald Trump:

I can see how maybe, just maybe, Cruz could win enough of the Trump forces and enough of the party regulars scared by Trump to win the nomination at the convention. But I can't see Rubio doing that, or Mitt Romney, or Paul Ryan. The delegates would revolt. The anti-establishment folks would walk out. If there is one thing the primaries have taught us so far, it is that there are more Republicans who back Trump and Cruz than Marco Rubio. Donald Trump has won the most states, set the terms of the political debate, and is in part responsible for record interest and turnout in the 2016 Republican primary. The idea that his voters would stand idly by—that he would stand idly by—as the convention nominates Rubio or Romney in his place is more than farcical. It's delusional.

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Hillary Loses Martha's Vineyard

March 3, 2016 at 9:31 am

A final observation on the Massachusetts Super Tuesday primary: Hillary Clinton lost Martha's Vineyard, where she and her family have been regular summer visitors for 20 years. Bernie Sanders beat her in all six of the island's towns, with the island's total votes at 2793 for Sanders and 2306 for Clinton. It might have been a different outcome if the election were held during the summer and seasonal residents were allowed to vote. But then again, maybe not. The Martha's Vineyard Times has full results. This is a little like a Kennedy losing in Hyannis Port.

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Trump Finally Finds an Import He Likes

March 3, 2016 at 9:00 am

Donald Trump's recently released policy position paper on healthcare reform says, "Allowing consumers access to imported, safe and dependable drugs from overseas will bring more options to consumers."

It's nice to see Mr. Trump finally recognizing the benefits of imported goods for American consumers. Alas, as Phil Kerpen pointed out on Twitter, what Mr. Trump really would be importing is foreign price controls.

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Bill Clinton Was Warned on Election Law

March 3, 2016 at 8:55 am

"Pull the lever for Hillary," the Boston Globe reports that Bill Clinton told one Massachusetts voter outside a Boston polling site. Massachusetts rules prohibit soliciting votes within 150 feet of a polling site. Boston Magazine has a report.

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