A Day Later, Proof of KW's Point

At a meeting last summer in New York, website operators—including David Karp , CEO of Yahoo’s social-media service Tumblr—pressed White House aides for heavy regulation.  Mr. Karp sat next to Mr. Obama at a fundraiser the next day and again pressed his case, according to the Journal account. Then in November, safely after the election, Mr. Obama publicly demanded that the FCC apply the old telephone rules to the Web. The FCC dutifully enacted the Obama plan on a partisan 3-2 vote.

http://www.wsj.com/articles/the-ceos-behind-the-obamanet-1425513713

Free Markets vs. Politics

There are two ways of allocating capital: through politics, or through markets. Our progressive friends generally prefer to use politics when there is a choice, because they distrust markets, thinking them disorderly, irrational, vulgar, and prone to being dominated by the top-hat-wearing and bemonocled Mr. Monopoly cartoons that haunt their nightmares. Using politics is, in their view, more democratic. Most of the evidence is contrary to that proposition. In politics, it is quite easy for a small number of powerful people — wealth is only one form of power — to get their way. In politics, one rich guy can make a difference. 

Read more at: http://www.nationalreview.com/article/414790/kings-road-kevin-d-williamson

My opposition to the “regulating the internet” thing explained in four sentences.

It's Normal for Regulators to Get Captured - McArdle

• The regulated industry controls the information used by the regulator. 
• The regulated industry cares more about regulations than anyone else. 
• The only place where a longtime regulator can get a new job is in the regulated industry. 
• It’s hard to stay confrontational all the time.
• Lobbying. It’s hard to adopt the Conan the Barbarian approach when you know that the boss of the folks you’re talking to is hosting a big fundraising dinner for your ultimate bosses in Congress and the White House.
• Over time, the interests of regulators and the interests of incumbents tend to converge upon keeping things nice and tidy by making sure that experienced players dominate the field.

Link

Where Deficits Come From

It's not lower taxes or tax rates.

http://www.nationalreview.com/corner/362063/where-deficits-come-kevin-d-williamson

If we had Eisenhower-era revenue today but 2013 levels of spending, then we could expect a deficit of about $720 billion, about what the White House is expecting this year. 

Incomes Have Dropped Twice as Much During the 'Recovery' as During the Recession

http://m.weeklystandard.com/blogs/incomes-have-dropped-twice-much-during-recovery-during-recession_750068.html

Are progressives misanthropic?

http://m.spectator.org/169477/show/3f9b0ea4bdc984df59d861e1a3ce7f40&t=8rbopraie2v1kl87i5e7carin2

Government = Politicians

Why government solutions don't work well:

http://m.us.wsj.com/articles/SB10001424127887324103504578376511723893462