Hollande Government Pledges To Rescind High Tax on Top Earners After 20 Percent Increase in Such Families Leaving France

300px-Eugène_Delacroix_-_La_liberté_guidant_le_peupleWe have often discussed tax policy on this blog. I am in the minority here on tax policies, particularly the high rate imposed in various countries for top earners. I am admittedly more inclined to a Chicago-school view of such high tax rates than many on this blog. This story caught my eye for obvious reasons. The French government is reporting a 20 percent increase in one year of high earners in leaving the country. We have previously discussed how such taxes produce emigration by rational actors from markets. French President Francois Hollande ran on a pledge to soak the rich in tax increases, a popular political platform but a disastrous economic plan. The result has been predictable. The French economy is in terrible condition and thousands of French families are leaving the country for England, the United States, and other countries. Now, Hollande’s government has announced that it will rescind the tax increase. Hollande and his socialist allies refused to accept the obvious impact of such a tax and now, a few years later, it will remove the tax after losing a huge amount of high earner tax dollars.

Continue reading “Hollande Government Pledges To Rescind High Tax on Top Earners After 20 Percent Increase in Such Families Leaving France”

Cremation of 800-Pound Body Burns Crematoria In Richmond

220px-Verbrennung_eines_Toten_in_einem_Krematorium_2009-09-05There is an interesting, if somewhat off-putting, story out of Richmond where the Southside Cremation Services building was set ablaze during a cremation in its attempt to cremate an 800 pound man. Fire crews had to extinguish the flames caused by the excessive heat and oil from the cremation. The story stood out from an insurance stand point. I am not sure how such risks are addressed in standard insurance and liability plans. While the fire did not spread, it would have made for a fascinating proximate causation case. Presumably, the over-sized cremated man is at no liability risk.

Continue reading “Cremation of 800-Pound Body Burns Crematoria In Richmond”

Religion, Justice and The Just World Hypothesis

By Mark Esposito, Weekend Blogger

Can religious beliefs actually retard our intuitions for justice and fairness? Research seems to suggest it might well. The Christian religion has imbued Western thought with the fundamental belief that God presides over a just world – one where sin is punished and rightly-held beliefs and actions are rewarded. We see this attitude in every aspect of human interaction. Today, in some sparkling sports stadium an earnest athlete is bound to thank his deity of choice for the good fortunes that befell his team or his game changing performance. By extension, the loser ( a value loaded word if ever there was one) will decry his lack of luck. From the Book of Job to Pinocchio and Cinderella, this belief in what some psychologists call “immanent justice” or “The Just Word Hypothesis” seeks to explain our plight and our success. It also hardens our attitudes about the poor, victims of crimes and those folks either buoyed or sunk by pure chance.

The Book of Job gets us into the mindset. A saintly man if ever there was one as the Bible itself acknowledges, God allows Satan to test Job with all manner of suffering to determine his worthiness. Stripped of his wealth, prestige and power, Job then loses his children and ultimately his health and vigor. Still, Job endures and never ever curses his fate – or his God. He does consult his friends for some inkling as to the cause of his travails. Their answer, which comes like a thunderclap is: “Behold,” one of them declares, “God will not cast away an innocent man, neither will he uphold evildoers” (Job 8:20). Classic “Blame the Victim” mentality from this coterie of advisers.

Puzzled but resolute, Job however concludes that despite his worldly righteousness, he can never know divine justice and according to the story prostrates himself silent before his Master’s “Just World.’ For that, he is rewarded with the resumption of his wealth and status. He even replaces his children with seven new ones. The clear message to the world however is the same: God handles the world’s justice and we are powerless to exact our own except on only the most superficial level.

Jesus himself gets in on the act in the New Testament. Addressing the multitude in the Sermon on the Mount, he has two distinct things to say about justice and our expectations of it: Blessed are…..those who hunger and thirst for righteousness: for they will be filled. (Matt. 5:6) and Blessed are those who are persecuted for righteousness’ sake: for theirs is the kingdom of heaven. (Matt. 5:10). In modern speak, “Don’t worry God will handle it in his own way and, if you let him do so, you’ll get the whole enchilada. The pearly gates, the mansions, those singing and harp-playing cherubim … you, my faithful believer, get it all.”

Continue reading “Religion, Justice and The Just World Hypothesis”

Scientists Reveal Hidden Portraits Within Renowned Da Vinci Painting

Submitted by Darren Smith, Weekend Contributor

lady-with-ermineA French engineer has revealed two portraits beneath one of polymath Leonardo Da Vinci’s great works known in the English art world as “The Lady with an Ermine.” Pascal Cotte studied the work over the course of three years utilizing a novel technology involving reflective lighting to render some surprising elements to the five hundred year old painting.

Continue reading “Scientists Reveal Hidden Portraits Within Renowned Da Vinci Painting”

Day 4: The Long Winding Road Home (Cianciana, Sicily)

IMG_1095We arrived in Sicily this afternoon from Rome. Our excitement was dampened when we discovered a two-hour delay in people waiting at Hertz to rent cars. The scene was a madhouse, including two men who came close to blows after one picked up a low-numbered ticket off the ground to skip ahead in line. Hertz left dozens of travelers in total chaos with only two people working the desk for much of the time. Once we got our car from Hertz, we discovered that Auto Europe had sent us a GPS with only North American maps. I kid you not. I spent an hour on the phone only to get Auto Europe to confirm what I already knew: their GPS would only take us to locations in North America because no one at Auto Europe loaded European maps. We ended up having to rent a GPS at the Catania airport and set out almost 4 hours late.

Continue reading “Day 4: The Long Winding Road Home (Cianciana, Sicily)”

Is It Too Much To Ask To Not Throw People Onto The Highways?

Submitted by Darren Smith, Weekend Contributor

jailLast night I had a situation that I found to be quite disappointing. Just after seven o’clock in the evening, I thought I would have dinner at a restaurant on the other side of town and drove over there to dine out. Along the way, I needed to merge onto a major interstate freeway in the metro area having four lanes and busy traffic. As I drove along in the outside lane, it was after dark at the time, I saw a man walking along the hard shoulder of the roadway. I worried that a drunk might veer off the travelled portion and hit him so I pulled over to offer him a ride. Thus began a conversation that really shows how we can often allow people to be put at risk because the county does not want to offer them a modicum of accommodation.

Continue reading “Is It Too Much To Ask To Not Throw People Onto The Highways?”

Roman Question of the Day: If All Roads Lead To Rome, How Does Anyone Ever Get Out Of Rome?

IMG_0952The concepts of traffic lanes and right of way remain as incomprehensible in Italy as the Atkins diet. As this picture taken yesterday attests, Italians continue to treat signs as entirely discretionary matters when it comes to driving or parking. In this picture, a street was virtually shutdown due to traffic when the driver in the silver car (an impeccably dressed businessman) simply parked in the middle of street and walked away. That’s it. Close enough for Rome, arrivederci! He just walked away and never looked back.

Continue reading “Roman Question of the Day: If All Roads Lead To Rome, How Does Anyone Ever Get Out Of Rome?”

The Obama Factor: Kentucky Democrat Repeatedly Refuses To Admit That She Ever Voted For Obama

President_Barack_Obamaimages-2The Washington Post is reporting it as one of the most painful 40 seconds of this election cycle. Alison Lundergan Grimes (D) was asked a simple question: did you vote for President Obama. What followed in the clip below was one of the most revealing 40 seconds of how bad this election is becoming for Democrats and how radioactive the President has become. Grimes refuses to answer. She is trying to unseat Senate Minority Leader Mitch McConnell (R) and these mid-term elections tend to reflect the view of the incumbent president as some voters try to either add support or resistance to a president in Congress. Obama’s popularity stands at a dismal 30 percent in Kentucky. The clip is particularly interesting given the recent public statements of the President that this election is about his policies. It was an effort to rally Democrats but candidates who have been increasingly fleeing associations with the unpopular president cringed across the country. Given Obama’s national polling, an election based his policies and Administration would magnify the already great expected losses in November, including the possible loss of both houses. Even long-time ally and former campaign manager David Axelrod said that the President’s framing of the election as a vote on his policies was a huge mistake. The deer in the headlights look of Grimes reflects that point vividly.

Continue reading “The Obama Factor: Kentucky Democrat Repeatedly Refuses To Admit That She Ever Voted For Obama”

New York Times Reporter: “Obama Hates The Press”

President_Barack_ObamaWhile President Barack Obama continues to assure the public that he is protecting privacy and the press, his Administration continues to do precisely the opposite in court with comprehensive attacks on civil liberties. A good example is the continued abuse of two-time Pulitzer prize winner and New York Times investigative reporter and author James Risen. Risen continues to be threatened by the Justice Department with arrest because he is protecting the identity of his sources. Risen spoke this weekend and observed simply that “Obama hates the press.”

Continue reading “New York Times Reporter: “Obama Hates The Press””

Mother Arrested After 4-Year-Old Girl Distributes “Candy” That Later Tested Positive As Heroin

imagesAshley R. Tull, 30 of Selbyville, Delaware was busted for drugs in an especially costly way. Her 4-year-old daughter mistakenly brought packages of heroin to school and, thinking they were candy, handed them out to friends. Now, Tull faces not just charges for Maintaining a Drug Property but three counts of Endangering the Welfare of a Child (based on her three children).

Continue reading “Mother Arrested After 4-Year-Old Girl Distributes “Candy” That Later Tested Positive As Heroin”

Day 2: Catacombs and Cardinals (Rome)

François Malan
François Malan

We have just returned from our second day in Rome with our heading spinning with sights both macabre and magnificent. The day brought us to catacombs of the Capuchin order and cardinals offering mass in St. Peters. Those sights were supplemented by exquisite gelato and intoxicating Vin Santo. We are stuffed and satiated in our lovely hotel room at the Villa Pinciana on a cool and crisp Roman evening.

Continue reading “Day 2: Catacombs and Cardinals (Rome)”