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People, not Guns

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Guns. There is currently no more emotional issue in the US and nothing that polarizes more. You’re either in favor of guns or you aren’t, and if you’re in favor of them the ownership of a gun is probably viewed as a fundamental right. There isn’t much room for compromise.

Into this debate we have a nearly constant litany of shootings, sometimes with legal weapons and sometimes not. President Obama has decided to act where he can, more or less working on tightening up the existing background check laws and enforcing them more uniformly and rigorously.

There was a time when gun advocates called for us to “enforce existing laws” rather than write new ones, but even this action is controversial. But it shouldn’t be.

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Not Our (big) Fight

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Welcome to 2016 – when the actual election starts. It would be easy to say it will be the news story of the year. But as important as it will be a bigger story is developing, as it did in 2015.

The conflict between Sunni and Shia Islam is more than a millenium old. It resonates today because the region is emerging, as so many other developing nations are, away from the thumb of Western influences.

It’s not our fight – and we can probably only make it worse. But it will be hard to stay out of.

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Happy New Year!

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With 2015 out of the way, it’s time to look forward. But as we’ve shown many times, the best way to draw a line into the future is an extrapolation from the past. Such is the real tradition at New Year’s – looking back and ahead at the same time.

Besides, the stillness of the present time moment is usually more of a hangover.

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Humanity, Boiled Away

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How can we sum up 2015? In many ways, it’s the year when people everywhere exploded. On the right, the pent up frustration and anger felt by people losing their privilege in a rapidly changing world lit up, ultimately crystallizing in the campaign of a certain rich person whose name will not be used. On the left, anger that bled onto the streets from black bodies killed by authorities sometimes ignited, burning cities and flaring up the “Black Lives Matter” movement.

The numbers? Economic growth sputtered along just over 2% in real terms, and 5.2M jobs were added – good enough to finally raise the Fed Funds Rate. But these once critical figures waned in importance. This year, people demanded attention.

Yet as much as this was a year about people, not numbers, the explosions make it hard to be hopeful about “humanity” – which is to say decency and respect.

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Careful What You Wish For

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Is the Federal Reserve nothing but a tool for big banks? According to an op-ed by Sen Bernie Sanders (I-VT), it sure looks that way. The presidential candidate and hero to millions of progressives made the case for an audit, tighter controls, and other measures to rein in the nation’s central banking system.

There are clearly problems with the Fed and it’s very mixed charters to tame inflation, encourage full employment, maintain the value of the US Dollar, and regulate banks. The more presence and power the Fed gains the more this is an important issue. But today’s “progressives” aren’t in a mood for just reform – many are in a mood to “End the Fed!”

While that position is understandable it’s horribly misguided. But it’s a great highlight for the tension inherent in not-that-subtle difference between a “liberal” and a “progressive”.  And it’s ultimately a rather irresponsible position that Sanders is taking.

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