Vice President Biden was in Charlotte, N.C. on Wednesday night and attended a fundraising event at the home of Erskine and Crandall Bowles, according to a pool report distributed by the Biden campaign.
Erskine Bowles, who did a stint as Bill Clinton's chief of staff, was co-chairman of the Simpson-Bowles bipartisan deficit reduction commission that in 2010 issued a report with a lot of interesting ideas, including a fundamental tax reform that would have replaced the current income tax rates with just three — at 8%, 14%, and 23%.
"Biden spoke to a poolside crowd of roughly 140 people from 8:50 p.m. to 9:17 p.m.," according to the report, which is called a pool report because one reporter represents the entire pool of press, not because the fundraiser's backyard featured a swimming pool.
In his trade negotiations with China, President Trump increasingly seems to be taking the approach advised by Natan Sharansky and Ron Dermer, I write in my column this week. Please check out the full column at the New York Sun (here) and Newsmax (here).
Amtrak now has a reasonably nice glossy print magazine called The National. The current issue features a half-page color advertisement from the Citizenship by Investment Unit of the government of Antigua and Barbuda, promoting a program established in 2013 that offers citizenship in that Caribbean island nation in exchange for a contribution of $100,000 to the country's National Development Fund. Benefits, according to the ad, include "visa-free access to more than 150 countries, including the United Kingdom and Schengen area" as well as "no tax on worldwide income, inheritance, capital gains or investment returns."
Senator Elizabeth Warren and her presidential campaign are the topic of my column this week. Please check it out at the New York Sun (here), Reason (here), and Newsmax (here). The column was also mentioned in the Washington Times.
Senator Elizabeth Warren, Senator Bernie Sanders, and their campaigning against "vultures" and "vampires," as they call the financial industry, are the topics of my column this week. Please read the whole column at the New York Sun (here), Newsmax (here), the New Boston Post (here) and Reason (here).
some humility is also in order from a press that has displayed a more than usual amount of gullibility, conformism and poor judgment on just about every matter that has come before them in the past few years. If the media's not-so-secret agenda is to defeat Mr. Trump, they might consider the possibility that they are (again) going about it in exactly the wrong way.
The longtime district attorney of New York County, Robert Morgenthau, who died Sunday at age 99, is the subject of my column this week. Please check out the full column at Newsmax here and at the New York Sun here.
One of my favorite pieces in the history of this site is a review I wrote in 2010 of Jerry Muller's book Capitalism and the Jews. I was reminded of it this week by one of my own senators, Elizabeth Warren, a Democrat who is running for president. Warren put out an announcement this week promising to "End Wall Street's Stranglehold on Our Economy," using terms like "vampire," "sucking" and "bleeding" to describe what the financial sector is doing to the rest of America.
From my review:
The book by Mr. Muller, a professor of history at Catholic University, consists of a short introduction and four chapters. It's the first chapter, "The Long Shadow of Usury," that's the most enlightening.
The Daily News has published an op-ed I wrote about government regulation of private schools in New York. "The law at the center of the fight over the Jewish schools has its origins in a Protestant campaign against Catholic education." Please check it out here.
In 2018, Joe Biden and his wife Dr. Jill Biden earned $1,689,651 from U.S. colleges and universities. I write at Education Next: "Maybe if these colleges weren't paying $1,689,651 to the Bidens, they could lower tuition, or would require less taxpayer support, or students wouldn't have to go so deeply into debt to graduate." Please check out the entire column.
If the Democratic presidential field limps along in its current state, Senator Schumer of New York may want to take a serious look at getting in, I write in my column this week. Please check out the full column at the New York Sun (here) and Newsmax (here).
Yes, you read that correctly. From a staff editorial in Monday's New York Times embracing a supply-side approach to housing affordability:
More market-rate development is a worthy goal in its own right, because middle-income households increasingly are unable to afford housing in the metropolitan areas where economic opportunity is concentrated. Expanding the supply of housing also helps low-income families who might otherwise find themselves priced out of their apartments.
This embrace of deregulation merits particular praise because the states most resistant to allowing housing construction are the strongholds of the Democratic Party, in the Northeast and along the Pacific Coast, and the most resistant voters are the wealthy residents of those states who provide so much of the funding for Democratic presidential campaigns.