Crystal Ball

It is the year 2035, and one court case is receiving a whole lot of attention: Average vs Doe. The facts of the case seem simple. Back in 2020 Joe Average got married to Mary Doe-Average. Just last year, Mary tragically succumbed to cervical cancer. Doctors were able to trace her cancer to Human Papilloma Virus.

When Mary was a pre-teen, her parents John and Jane Doe decided they would not consent to her receiving the vaccine for HPV, despite the fact that her school encouraged all incoming 7th graders to get this vaccination. Their reasoning was that they were not going to do anything that would encourage her to have premarital sex. Unfortunately, Mary was raped as a teenager. Despite the fact that Mary and Joe had a completely monogamous relationship, Mary got HPV as a result of that rape.

Joe is suing the Does for wrongful death and a bunch of other things his lawyers thought up. His reasoning is that his beloved Mary would still be with him today if it weren’t for a short-sighted decision by her parents. The Does argue that they had no control over what happened.

How do you think this will play out?

In Closing: more spying on Americans; a couple of hopefully last words on vaccines.

No Reason to Subscribe to Fortune

Let’s cut to the meat:

[I]f America fails to enact historic, structural reforms in spending, an entirely new source of revenue will be needed. And it’s likely to be enacted in haste and near-panic, as the only option to forestalling a crisis. “The gap between revenues and outlays will be simply too large,” says J.D. Foster, an economist at the conservative Heritage Foundation and a former budget official under President George W. Bush. “Three points of GDP need to be closed to make budgets sustainable. Either government spending gets back near where it used to be, or we’ll need an completely new type of tax.”

The new levy will need to be big, so big that the most probable choice is a European-style value-added tax or VAT. That looming revenue machine is the phantom in the room, the tax that’s still invisible to most Americans, but that threatens precisely the group that’s supposed to emerge from all the deal-making as the Great Unthreatened, our middle class.

Now then, let me explain why a VAT — particularly a hastily enacted VAT — is absolutely not going to happen. It’s called the 16th Amendment:

The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.

Congress has two ways of taxing us. The first is a tax based on the number of people in the state. It should be obvious that it’s not entirely fair to make your tax bill based on state population without regard for your ability to pay (it seemed like a good idea in the 18th century), so the 16th Amendment had to be passed to make income tax legal. I am not a lawyer or a constitutional scholar, but I don’t see a damn thing in the Constitution or Amendment 16 that makes a national sales tax legal.

Anybody who wants a VAT had better start working on an amendment to the Constitution. That cannot be done in haste.

This article is supposed to scare you and I into insisting on austerity rather than implement this improbable, middle class “crushing” tax. Heaven forbid we should raise additional revenue through higher taxes on the wealthy at the rates they were under Reagan, or Nixon, or heaven forbid Eisenhower (all “conservative” Republicans of their day). Nope, easier to frighten you into giving up the things your taxes have paid for: well maintained roads; safe water coming out of your tap and safe food available at your local grocer; police and fire services; public schools that make sure businesses can hire literate employees anywhere in the nation; a minimal retirement income you already paid for. Nope, gotta cut back somewhere.

In Closing: scientific method suggests that when your experiment doesn’t work, you change the hypothesis; what a sleeze; let’s not lock kids up in solitary; wealth gap grows; agreed; women will die because their parents are afraid they will think sex is ok; I find it hard to believe that’s cost effective; “Just how many female-headed single-parent families with two children under 10 are there in the United States making $260K/year, anyway?”; and wouldn’t that be a waste.

Beneath the Shorties

LOL: Enjoy this meme while you can, I figure it’s dead in 3 weeks.

They just keep coming: Remember, the plot to kill Big Bird is still in play. There’s a Million Muppet March planned.

Twelve! Meeeeelion! Jobs!!!: Yeah, so?

Get it off me! Get it get it get it….: Is it just me, or does Mr. Romney look uncomfortable in this picture? You don’t suppose it could be that he’s being touched by a black man, do you?

Beating the dead dressage horse: What Romney’s tax “plan” could do to housing.

If you like it then you shoulda put a ring on it: Scientists found a planet twice the size of Earth, largely made of diamond. Good thing it’s far enough away that DeBeers can’t get hold of it!

Like you needed an economist to tell you that: Your paycheck is being outstripped by inflation. So if low interest rates are supposedly the cure for inflation, what the heck is the Fed going to do now??

But apparently some people do need an economist to tell you this: Here’s why cutting taxes never has and never will create jobs.

Gee, maybe saying “no” wasn’t such a good strategy: Failing to pass a Big Agriculture Giveaway  Farm Bill before leaving Washington gave some Democrats an upper hand.

Judges judge things: An Appeals Court has ruled part of the Defense of Marriage Act unconstitutional.

Unexpected Excitement: Passengers on a Canadian airliner helped save a boater’s life. That beats most in-flight movies.

Wheat Ain’t What It Was: On modern wheat.

Not sure how to get out of this mess: Two out of three new college grads has college loan debt, and the average amount is $26,600. The scary part is that many of them won’t be getting jobs anytime soon. Just a reminder, it would take 3668 hours at minimum wage to pay that off. That’s 152 days of nonstop 24/7 labor. And it won’t be wiped out by bankruptcy.

Newsweek: will stop printing a paper edition.

But what about the economy?: Here’s an outline of the risks.

“The other 1%”: 2/3 of the bottom 1% of Americans are in prison.

Turns out it won’t turn good girls into sluts: Girls who get the HPV vaccine are not more likely to have sex.

Carbs: “People 70 and older who eat food high in carbohydrates have nearly four times the risk of developing mild cognitive impairment, and the danger also rises with a diet heavy in sugar, Mayo Clinic researchers have found. Those who consume a lot of protein and fat relative to carbohydrates are less likely to become cognitively impaired, the study found.”

And it turns out that Doing Good might Make More Money: At least that’s Coca-Cola’s theory.