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11 March 2010

Today’s Tabbloid
PERSONAL NEWS FOR lgn@limitedgovernmentnetwork.com

FISCALLY CONSERVATIVE BLOG FEEDS of Columbia (complaint here), and states will have to confront the plain
text of the Second Amendment and clear historical recognition of a right
Gun Control After McDonald to be armed outside the home.

[Cato at Liberty] California allows open carry as long as the handgun is unloaded, but Los
MAR 10, 2010 04:45P.M. Angeles and other jurisdictions in the state refuse to issue concealed
handgun permits. California will probably opt for concealed carry when
By David Rittgers push comes to shove. Public views have shifted to an “out of sight, out of
mind” mentality, and concealed carry is the rule in most states. A
I recently appeared on the Patt Morrison Show in southern California California police officer recently put a comment up on Facebook that
opposite Paul Helmke of the Brady Campaign to Prevent Gun Violence in proposes intimidating open carriers with violence. “Haha, we had one
a segment that begs the question of what gun control laws will look like if guy last week try to do it! He got proned out and reminded where he was
the Supreme Court incorporates the Second Amendment with the at and that turds will jack him for his gun in a heartbeat!” Turds indeed.
McDonald v. Chicago case. The audio of the program is here, but the
issue merits a more detailed discussion than I could get into on the radio. This brings us back to the Starbucks controversy that prompted the radio
segment. Gun control proponents asked Starbucks to ban firearms from
The litigation over the boundaries of the Second Amendment in the their coffee shops, and gun rights activists asked that they continue their
District of Columbia previews the kinds of gun laws that will face court current policy of following the law of the jurisdiction where each
scrutiny. franchise is located.

First, certain restrictions on the purchase of firearms will likely be The call-ins to the radio show expressed a willingness to boycott
overturned. California maintains a “safe gun roster” of handguns that Starbucks if it keeps its “follow the law” policy, but that’s a rationale to
manufacturers have successfully submitted for safety testing. Following boycott gas stations, grocery stores, and restaurants across the nation. If
the Heller decision, the District adopted California’s roster. The roster is self-defense scares you that much, the best advice is to stay home. Or
very specific, and handgun models are certified “safe” right down to the venture out and be a good victim.
color. The District rejected applications to register two-tone guns,
discontinued models, and guns not on the California roster. Three Callers also expressed concerns about off-duty cops brandishing guns
plaintiffs filed suit, alleging that this policy violated constitutional while intoxicated, and this is something we should take seriously. As I’ve
protections against irrational administrative regulations. The District said before, no magical powers accrue to a sworn officer. That’s a great
relented, expanding its roster to include the “safe handguns” listings for case for barring everyone from carrying and drinking in public, law
Maryland and Massachusetts. enforcement officers included. Federal law does this – the Law
Enforcement Officers Safety Act allows current and retired law
California courts are likely to reach similar conclusions. The Calguns enforcement officers to carry concealed nationwide but requires that
Foundation has a plaintiff who wants to register a Glock handgun. The they not be under the influence while doing so. The same can’t be said
state has certified the right-handed but not the ambidextrous version, for some state laws that make law enforcement officers a higher class of
and the Calguns plaintiff was born without a right arm below the elbow. citizens than everyone else. Virginia allows retired law enforcement
This compelling case, along with others parallel to the DC plaintiffs, will officers from any jurisdiction to imbibe while armed, but citizens with
force California to open up its roster. concealed handgun permits must transition from concealed carry to
open carry when entering an establishment that serves alcohol for on-
Second, jurisdictions will be forced to allow some form of handgun carry, premises consumption. Better to treat permit holders and officers alike,
either open or concealed. Outright bans on concealed carry cited in cases and allow carry in restaurants but bar alcohol consumption while armed.
from the mid-1800’s come from a time when it was assumed that only
brigands carried handguns concealed, and it was an unquestioned right It’s unclear what the patchwork of gun laws across the nation will look
of the people to carry arms openly wherever they went. States and like in ten years, but Eugene Volokh gives a framework for analysis in
localities will not be able to delete the right to bear arms from the right to this article. Cato held an event the day before oral argument of the
keep and bear arms. McDonald case, and our brief is available here. Ilya Shapiro and Josh
Blackman discussed the application of the Privileges or Immunities
My colleague Tom Palmer is currently litigating this issue in the District Clause in this excellent article, and provided some post-argument

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Today’s Tabbloid PERSONAL NEWS FOR lgn@limitedgovernmentnetwork.com 11 March 2010

commentary. FISCALLY CONSERVATIVE BLOG FEEDS

Message to Republicans: Stop


FISCALLY CONSERVATIVE BLOG FEEDS Hiding Behind the Troops [Cato
Hate Register? [Cato at Liberty] at Liberty]
MAR 10, 2010 04:23P.M. MAR 10, 2010 12:13P.M.

By Jason Kuznicki By Malou Innocent

In my policy analysis “Attack of the Utility Monsters,” I wrote that one In what can only be described as a cheap partisan attack masquerading
problem with hate speech laws is that the longer they stay on the books, as patriotic chest-thumping, House Republicans this morning issued a
the more they can encourage outrage over increasingly petty offenses. statement opposing Ohio Representative Dennis Kucinich’s resolution
Here’s a story from the United Kingdom I’d certainly have included if I for the withdrawal of troops from Afghanistan because… [drum roll
were writing that paper today: please] the Republicans strongly support the troops in Afghanistan.

A ten-year-old boy from Weston Super Mare has been put on In a statement of Republican policy forwarded to GOP politicians and
a school “hate register” after he allegedly made a homophobic their staffers, the House Republican Leadership and the House
insult in the playground. Committees on Foreign Affairs and Armed Services Republicans
write, ”Since the President’s speech, more United States Armed Forces
Peter Drury, a pupil of Ashcombe Primary School, is believed have been deployed to the Afghanistan theatre in support of the
to have called one of his friends a “gay boy,” according to his implementation of our nation’s counterinsurgency strategy. Many of
mother. them leave behind family and friends for the second, third, and fourth
time. They have been engaged in the largest offensive since the beginning
The boy’s mum says she was called into her son’s school to be of the war there, and they have done a magnificent job. House
told by head teacher that another mother had heard him Republicans are mindful these troops and their families will be watching
using homophobic language. this debate and remain committed to working towards swift and clean
action when the resources impacting their military readiness,
She claims she was told the incident would be registered and operational needs, and family support is debated and passed this
his file monitored while he was at the school. spring.”

“He doesn’t even understand about the birds and the bees, so The GOP has got to stop hiding behind the troops. As I mention in a
how can he be homophobic?” recent article, our brave servicemen and women are being deployed to
prop up a regime Washington doesn’t trust, for goals our president can’t
Schools are reportedly being given advice that offensive define. Sadly, the war not only provides a potent recruiting tool for
comments made by children as young as five should be militants, but it’s clear that it does little to appreciably protect America.
recorded and kept on record until the pupil leaves secondary As aptly demonstrated by the Christmas Day crotch bomber, the old
school. argument of “We fight them there so we don’t have to fight them here” is
complete and utter hogwash.
Kids can be incredibly cruel, in both word and deed. But if we were to put
every child who ever said something hurtful on a “hate register,” just how
many kids would we have to register? All of them? What good would that
do us?

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Today’s Tabbloid PERSONAL NEWS FOR lgn@limitedgovernmentnetwork.com 11 March 2010

FISCALLY CONSERVATIVE BLOG FEEDS FISCALLY CONSERVATIVE BLOG FEEDS

Are We Headed for Another A $1.1 Billion Re-Election


Bull Market Year? [Larry Campaign. For the Senate. [Cato
Kudlow’s Money Politic$] at Liberty]
MAR 10, 2010 10:55A.M. MAR 10, 2010 10:48A.M.

The key question facing investors right now — on the anniversary of a By Sallie James
record-breaking stock surge, the best in 75 years — is whether we’re
headed for a second bull-market year. When Rep. Collin Peterson (D- Minn. and Chairman of the House
Agriculture Committee) pronounces that a farm program is too
It’s a battle royale between rising corporate profits — which are the generous, you know you’ve crossed a line.
mother’s milk of stocks, business, and economic growth — and the high-
tax policies pouring out of Washington, aimed at capital gains, But that’s what happened recently after Sen. Blanche Lincoln (D-Ark),
dividends, top earners, banks, foreign earnings, and financial Senate Agriculture Committee Chairwoman and — oh, hey, how about
transactions. It’s a miserable list of tax hikes. that? — facing a tough re-election battle in November proposed an extra
$1.1 billion in emergency farm aid be added to a
Then, of course, there’s the looming specter of Obamacare, with all of its jobs/tax/unemployment/kitchen sink bill going through the Senate this
high taxes, spending, and regulatory burdens to control almost 20 week. These extra handouts would flow despite the fact that the 2008
percent of our nation’s economy. My CNBC pal Jim Cramer says the farm bill contained ”reforms” (the so-called ”permanent disaster”
passage of Obamacare could really damage the bull market. He makes an program) ostensibly to put an end to politically-motivated ad hoc
important point, one with which I totally agree. emergency aid of just the type that Senator Lincoln is pushing now.

Right now, it’s big government versus the free market. For those who can stomach it, this excellent article by Dan Morgan, one
of the nation’s best agriculture journalists, contains plenty of background
So, will the profits surge, coupled with an accommodative Fed, overcome information.
the Washington tax surge? Will profits trump tax hikes? Is political
regime change lingering in the cards? Perhaps a defeat of Obamacare?
That would certainly bolster the free market and encourage more
investment in stocks, new businesses, and new jobs. FISCALLY CONSERVATIVE BLOG FEEDS

This is the key debate facing investors. Short term, I like stocks. Longer Fannie, Freddie, Peter, and
term, it’s a very open and difficult debate.
Barney [Cato at Liberty]
On another note, I’d like to mention Cisco’s announcement of a new MAR 10, 2010 10:28A.M.
high-tech innovation in the form of a powerful new router. This thing has
12 times the capacity of Cisco’s closest competitor. And get this: It could By Tad DeHaven
download the entire Library of Congress in a little over one second. This
is a shining example of American ingenuity. But we should reward it, not Last week, after Rep. Barney Frank (D-MA) said that holders of Fannie
punish it. Likewise, we should punish failed banks, not reward them. Mae and Freddie Mac’s debt shouldn’t be expected to be treated the
same as holders of U.S. government debt, the U.S. Treasury took the
We also should be reducing excessive government pay and pensions, “unusual” step of reiterating its commitment to back Fannie and
bringing those federal (as well as state and local) workers in line with the Freddie’s debt.
gigantic setbacks suffered by the beleaguered private-sector workforce.
Doing so could reduce tax burdens. If ever there was case against allowing a few hundred men and women to
micromanage the economy, this is it.

Fannie and Freddie, which are under government control, are being used
to help prop up the ailing housing market. If investors think there’s a
chance Uncle Sam won’t back the mortgage giants’ debt, mortgage
interest rates could rise and demand for housing dampen. Therefore,
Frank’s comments caused a bit of a stir. However, with the government
bailing out anything that walks or crawls, investors apparently weren’t

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Today’s Tabbloid PERSONAL NEWS FOR lgn@limitedgovernmentnetwork.com 11 March 2010

too concerned with Frank’s comments as the spread between Treasury FISCALLY CONSERVATIVE BLOG FEEDS
and Fannie bonds barely budged.
O’Reilly: No Freedom, No How
As I noted a couple weeks ago, the Treasury is in no hurry to add Fannie
and Freddie’s debt and mortgage-backed securities to the budget ($1.6 [Cato at Liberty]
trillion and $5 trillion respectively). Congress certainly isn’t interested in MAR 10, 2010 08:45A.M.
raising the debt ceiling to make room. And as Arnold Kling points out,
putting Fannie and Freddie on the government’s books would actually By David Boaz
force the government to do something about the doddering duo.
Bill O’Reilly teases an interview with John Stossel this way:
All of which points to what an unfunny joke budgeting is in Washington.
Take a look at what current OMB director Peter Orszag had to say about Should Americans be able to use their body for any purpose?
the issue when he was head of the Congressional Budget Office: John Stossel says yes and joins us to explain!

Given the steps announced by the Treasury Department and And Bill O’Reilly says no! No to legal prostitution, no to polygamy, no
the Federal Housing Finance Agency on September 7, it is even to legal markets for vitally needed organs. Check it out:
CBO’s view that the operations of Fannie Mae and Freddie
Mac should be directly incorporated into the federal budget. Watch the latest news video at video.foxnews.com
The GSEs’ revenue would be treated as federal revenue and
their expenditures as federal outlays, with appropriate More Stossel videos on personal freedom here. Cato research on organ
adjustments for the manner in which credit transactions (like markets here. And don’t forget to watch John Stossel every Thursday
a mortgage guarantee) are reflected in the federal budget. night at 8 on the Fox Business Network.

Note that Orszag wrote that statement less than two years ago. And since
then, the bond between the government and the mortgage giants has
only gotten tighter. FISCALLY CONSERVATIVE BLOG FEEDS

The same people that say Fannie and Freddie shouldn’t be on the Special Kudlow Report
government’s books are often the same people who once dismissed
concerns that the two companies were headed toward financial ruin. In Tonight... [Larry Kudlow’s
2002, Orszag co-authored a paper at Fannie’s behest that concluded that
“the probability of default by the GSEs is extremely small.” Money Politic$]
MAR 10, 2010 08:25A.M.
Another one of those persons, Congressman Frank, has his fingerprints
all over the housing meltdown. In 2003, a defiant Frank stated that
“These two entities – Fannie Mae and Freddie Mac – are not facing any
kind of financial crisis.” Frank couldn’t have been more wrong. Yet there
he remains perched on his House Committee on Financial Services
chairman’s seat, his every utterance so important that they can move
interest rates.

This evening at 7pm ET:

Karl Rove, former top adviser to President George W. Bush, will join me
on The Kudlow Report tonight. Lou Dobbs will be aboard too. Should be
interesting.

Topics will include Obama tax hikes, tea parties, Bush legacy, 9/11, U.S.
economy, etc.

Please join us. The Kudlow Report. 7pm ET. CNBC.

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