“George Washington was the first president to stay in the real estate business”

Eugene Kontorovich:

In today’s Wall Street Journal, I have an op-ed, “Did George Washington Take ‘Emoluments’ “? It examines the first president’s extensive and hands-on business affairs to get a better handle on the nature of constitutionally prohibited “foreign emoluments.”
 
Here’s an excerpt (article requires a subscription):
 

Mr. Trump is not the first president to have business dealings with foreigners. That was actually George Washington, whose conduct in office has been a model for every president.
 
By the 1790s, Washington was wealthy primarily because of real estate — renting and selling his vast holdings. As with Mr. Trump’s hotels, Washington’s renters or purchasers could include foreigners.
 
The president received constant reports from his nephew and subsequent managers and wrote to them at least monthly… This belies the notion that the Constitution limits a president’s management of, or benefit from, his existing business ventures.
***
One letter written by Washington deserves great attention in the current debate. On Dec. 12, 1793, Washington wrote to Arthur Young, an officer of the U.K. Board of Agriculture, an entity newly created and funded by Parliament at the initiative of William Pitt. The president asked for Young’s help in renting out his Mount Vernon lands to secure an income for his retirement. Not finding customers in America, he wondered if Young, with his agricultural connections, could find and organize some would-be farmers in his home country and send them over.

 
The op-ed is drawn from a larger research project on Washington’s business interests and the prohibition on emoluments. Here, I’ll take the space to address possible limitations to this evidence. In particular, Washington insisted that his December 1793 letter to Young be kept private. (Prof. Seth Barrett Tillman has presented strong evidence of the allowance of business dealings from Washington’s public conduct in relation to the domestic emoluments clause.) He suggested that “in the opinion of others, there [may] be impropriety” in his solicitation but makes clear that he himself disagreed with that position.
 
[. . .]

(Via Seth.)

Pres. Trump’s Policy Choice on Syria

In the aftermath of Pres. Trump’s cruise missile strike on a Syrian air field used to deliver chemical weapons of mass destruction on Islamist Syrian rebels, it is both a useful and needful thing to revisit my Sept 9, 2013 post on the policy choices Pres. Obama faced then.

Choices that Pres. Trump must now address in convincing a cynical and war weary American people that Syria is indeed a massive threat to American security — and especially individual freedom — at home.

See link:

Obama, US Military Victory, and the Real “Red Line” in Syria

This blog post made the argument that America had the military means to overthrow the Assad regime with an air-sea military campaign using air-laid sea and land mines, but that “Bush Derangement syndrome” on weapons of mass destruction made it impossible for American political elites in 2013 to take action.

The following is the close from that blog post that outlined the choices Pres. Obama flinched from in 2013 and Pres. Trump now faces with the American public:

The choice that the Obama Administration faces is that nothing America does or doesn’t do will change Syria from being a terrorist supporting, failed, 3rd World state. The choice at hand is what kind of terrorist supporting state our inaction or intervention will create, and the wider consequences of that choice, especially for American freedom at home.
 
Doing nothing means we will have a Iranian/Russian/Chinese supported WMD using Syrian terror state that harbors Iranian Nuclear, Chemical and Bioweapons production facilities.
 
Acting to depose Assad means we will have an ethnic cleansing, al-Qaeda supporting, economically & politically irrational terrorist state that hates Iran and the Syrian Alawites who staffed Iran’s WMD facilities.
 
The first is an existential threat to American freedom, the second is a manageable local problem for Israel and the Turks.
 
A wide ranging break-out of WMD across the world means they will be much more readily available to terrorist organizations. The tighter surveillance and security steps the American state will need to implement in order to address that threat at home will reduce the economic vitality of the American people as the national security state crowds out more and more freedom as the cost of “security.” Leaving us all very much where Benjamin Franklin predicted…neither having or deserving either.
 
It will take principled and competent American political leadership to persuade the American people to face these facts.
 
I don’t expect it to happen.
 
Our current American political elites won’t cross the “BDS Red Line” that American public elected Pres. Obama for anytime soon. Obama’s election and actions since were in accordance with the expressed will of the American people. Only horrible events, like British Prime Minister Nevile Chamberlain’s “Peace in our time” conference selling out Czechoslovakia swiftly followed by Hitler’s repudiation of it, will let the American people hear and see reality on the other side of the “Red Line.”
 
However, the first step down the road of invoking competent & principled American leadership is laying down a rhetorical marker against the day that WMD proliferation forces the American public to listen
 
This is the marker:
 
“It’s American Freedom at Home, STUPID!”
 
‘Nuff said.

The best place to fight WMD using terrorists is overseas with the military, not at home with emergency first responders in chemical warfare slime suits cleaning up the bodies after a WMD strike.

The Bush administration refused for numerous reasons to defend its policy choices or provide known intelligence on weapons of mass destruction in Iraq, allowing Senate Democratic leaders Reid, Pelosi and eventually Pres. Obama to destroy all federal government credibility on the subject.

Pres. Obama when faced with the same issue flinched from crossing his self-made WMD “RED LINE.

We will now see if President Trump is better at communicating with the American people past the “Bush Derangement Syndrome” based WMD RED LINE than Pres. Obama was.

Our Quasi-Soviet Fiscal Policy

“It’s like deja vu all over again.”

Do Yogi Berra’s words of wisdom apply to the “new” trillion dollar “public infrastructure” program? The last program, still unpaid, focused on “shovel-ready” projects but somehow missed most potholes. Meanwhile, private companies are prepared to spend $100’s of billions on a new fiber optic internet super highway.

Is the current proposed public spending program more likely to pay off for taxpayers than the last one?

Historical Precedent

When the hammer and sickle flag was lowered for the last time in Moscow on December 25, 1991, the international finance agencies created in Bretton Woods in 1944, led by British economist John Maynard Keynes and the Undersecretary of the U.S. Treasury Harry Dexter White, found a new mission.

The International Monetary Fund (IMF), which is a “bank” according to Keynes, provided the financial infrastructure for international trade. The World Bank (WB), or a “fund” according to Keynes, was promoted by, known communist and accused Russian spy, Undersecretary White to help reconstruct European infrastructure, but primarily Russia’s infrastructure, in the wake of WW II destruction.

The IMF lost its raison d’être in 1971 after President Nixon eliminated dollar convertibility into gold, ending the Bretton Woods function. Russia turned down World Bank membership, so the Bank turned to lending for infrastructure projects in the “underdeveloped” nations, which by 1991 faced overwhelming political obstacles.

Assisting in the conversion of formerly centrally planned economies into capitalist market economies became the finance agencies’ new post-Soviet mission. However, few people had much of an idea of how to accomplish this. It had never been done before, and the IMF and WB were particularly ill-equipped as their charter limited them to lending only to governments. They were essentially statist organizations with little experience with (or sympathy for) competitive private markets (which helps explain why they remain chronically underdeveloped).

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The Riot at Middlebury College and Academic Life.

Recently, Charles Murray, author of the book, “The Bell Curve,” a study of intelligence in the population, was invited to speak at Middlebury college, a liberal arts college in Vermont. His attempt to speak was interrupted by a riot which injured a professor at the college.

Inside Higher Ed’s story on the event explains that college officials admonished the students prior to the talk that they could protest but not disrupt Murray’s talk, which was to be about the way white America is coming apart—the title of his latest book—along class lines. Unfortunately, that admonition did no good. “As soon as Murray took the stage,” we read, “students stood up, turned their backs to him and started various chants that were loud enough and in unison such that he could not talk over them.

The confrontation continued after he had left the stage and attempted to move to another location.

And then matters turned worse. Fearing that there might be a raucous, disruptive mob instead of an audience of students willing to listen and consider Murray’s arguments, school administrators had set up a contingency plan. Once it became clear that the mob had killed the lecture, they moved to another location where Murray would give his talk, which would be live-streamed to students.

Sadly, that location was soon beset by the mob, with banging on windows and pulling of fire alarms. Murray and Professor Allison Stanger, who was the moderator for the talk, tried their best to continue a rational discussion.

Finally, Murray, Professor Stanger, and a few others tried to leave campus.

Mayhem resulted when Professor Stanger, who had been willing to state her agreement that Murray should not have been invited, was injured.

Why did this happen ? Tribalism ?

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Worthwhile Reading & Viewing

Some people find it very upsetting that President Trump likes to put ketchup on steak.  (Not something I’d do, but then I never put ketchup on french fries, either…)  Matthew Continetti says:  It is hard to read stories like these without coming to the conclusion that so much of our elite’s abhorrence of Trump is a matter of aesthetics.

There’s considerable truth in that point, I think.  Lead and Gold quotes GK Chesterton:  The modern world will not distinguish between matters of opinion and matters of principle and it ends up treating them all as matters of taste.  Follow the link to read what L&G has to say about the worship of ‘taste’, using the Bloomsbury group as an example.

How Communism became the disease it tried to cure:

Contrary to the socialist promises of making a new man out of the rubble of the old order, as one new stone after another was put into place and the socialist economy was constructed, into the cracks between the blocks sprouted once again the universals of human nature: the motives and psychology of self-interested behavior, the search for profitable avenues and opportunities to improve one’s own life and that of one’s family and friends, through the attempt to gain control over and forms of personal use of the “socialized” scarce resources and commodities within the networks and interconnections of the Soviet bureaucracy.

Stuart Schneiderman writes about nationalism vs internationalism, and Don Sensing has some thoughts on tribalism.  Both are well worth reading.

Why college graduates still can’t think:

Traditionally, the “critical” part of the term “critical thinking” has referred not to the act of criticizing, or finding fault, but rather to the ability to be objective. “Critical,” in this context, means “open-minded,” seeking out, evaluating and weighing all the available evidence. It means being “analytical,” breaking an issue down into its component parts and examining each in relation to the whole.  Above all, it means “dispassionate,” recognizing when and how emotions influence judgment and having the mental discipline to distinguish between subjective feelings and objective reason—then prioritizing the latter over the former…I assumed that virtually all the readers (of a post on a higher-education website) would agree with this definition of critical thinking—the definition I was taught as a student in the 1980s and which I continue to use with my own students.

To my surprise, that turned out not to be the case. Several readers took me to task for being “cold” and “emotionless,” suggesting that my understanding of critical thinking, which I had always taken to be almost universal, was mistaken.

Some great pictures of villages around the world.  (via Craig Newmark)