Tag Archives: Jerry Bowyer

Jerry Bowyer: Concerns Over Google’s Collaborations With China

As keynote speaker at the recent National Conservatism Conference, Peter Thiel, one of silicon valley’s most successful entrepreneur/investors called upon our government to investigate whether Google has been infiltrated by Chinese intelligence.

Thiel’s case is really quite strong: Artificial intelligence is a field of technology with numerous important national security implications. Google has worked closely with Chinese companies on AI.

It is well known that Chinese companies are not truly independent of the Chinese government. Google refused to work on AI with the US Pentagon, while China is well known for using intelligence services to steal IP from foreign companies.

Richard Clark who is a career anti-terrorism official, recently told CNBC that he agrees with Thiel.

On the face of it, it certainly seems like there’s enough smoke to see if there’s fire.

We should take Thiel seriously.

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Jerry Bowyer: A Tax Change the President Should Embrace

Bloomberg News and CNBC report that the Trump administration is seriously considering a rule change which would stop the IRS from taxing investors based on phantom gains from inflation.

Let’s say you buy an investment for a hundred dollars and sell it a few years later for 105 dollars, but inflation was 5 percent. You didn’t really make any money. In real purchasing power, you just broke even.

The way the system works now, you’d have to pay taxes on that five dollars. That’s not taxing income; that’s confiscating wealth.

Larry Kudlow, now the president’s chief economic advisor has long been a champion of the idea, and it looks like the president is on board. And: It looks like the president can do this without buy-in from Congress.

We should hope the president embraces this idea and moves forward with it.

It’s good economics—and it would be good politics as well.

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Jerry Bowyer: High Stakes in the 2020 Election

The stakes in the 2020 election may be higher than many Americans recognize:

A detailed look by Townhall Finance into the causes of national financial collapse—measuring hundreds of factors against scores of nations—reveals that the most reliable path to a financial collapse occurs when a nation’s leadership class turns sharply against wealth creation.

When there’s an erosion of business freedom and property rights and when government corruption, taxes and debt increase, the probability of a financial collapse goes up 3 to 5-fold.

Why should we care about how other nations have collapsed? Because large sections of today’s Democratic party are openly embracing exactly those kinds of policies.

The 2020 election is not just about the difference between a 2 percent growth rate and 4 percent growth rate.

It might be about continued growth vs. something which would make the great recession pale in comparison.

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Jerry Bowyer: The Crippling Load of Student Debt

Well, we just found out that student debt is at an all-time high. It’s just a whisker below 1.6 trillion dollars. Yes, trillion, with a “t.”

But it’s all worth it, right? Our young people need education. Not. So. Fast.

A new study shows the average freshly-minted college grad makes almost $11,000 less annually than he or she expected—and it’s true over a wide range of majors.

What gave these young people such unrealistic expectations? One factor is easy to recognize: Our serial exaggeration of the benefits expected from a degree.

Making it worse: Tuition has soared—faster than almost any other expense category in our economy. Recruiters and marketers have in turn hyped the value of their institutions and their degrees.

It’s time to scrap the myth that all young people should go to college, and that every school and every major is worth the price.

The debt load is simply crippling.

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Jerry Bowyer: BJP’s Big Win in India

The Hindu nationalist Narendra Modi just won a massive re-election in India. For American conservatives, there’s a lot to like about Modi. India under his leadership has been a partner to the United States, both politically and economically.

But for Christians and all those concerned about religious liberty, Modi’s victory is nothing to celebrate. Modi is the head of the BJP—a Hindu nationalist party, which believes that Indian national identity is intrinsically tied to Hinduism.

According to the non-profit OpenDoorsUSA, India is now of the worst countries in the world for Christians. Modi’s government turns a blind eye to violence against Christians while it shuts down ministries.

Trump has a close relationship with Modi, and Modi wants to make it closer. The U.S. has the leverage in the relationship, so Trump should use it, and save the lives of Christians.

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Jerry Bowyer: How Important is Our Common History?

Roger Kimball was quoted recently in Imprimis Magazine, making a pithy observation on the state of higher education: “The more expensive education becomes the more it seems to lead, not to broader understanding, but to narrower horizons.”

Kimball marveled at the removal of a picture of Shakespeare from University of Pennsylvania’s English Department in favor of a photo of Audre Lorde—a black feminist writer. The Department Chairman gushed over the students’ courage to replace it: “they were committed to a more inclusive mission,” he said for the department.

But the rest of us might ask: “OK, but how long will the replacement photo be tolerated?” This trend towards erasing history is not slowing down.

What’s the next step? Bans on Broadway revivals of Neal Simon or Arthur Miller? Persecution of bookstores for selling non-PC books?

Defenders of our common history’s heroes and benefactors should speak out now. Your local libraries and museums may be the next target.

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Jerry Bowyer: Putin Got What He Wanted

As half the country goes through an unofficial period of mourning in the aftermath of the Mueller report, one thing has become absolutely clear: Vladimir Putin got exactly what he wanted.

No, I’m not talking about installing a Russian puppet in the White House. I’m talking about Putin’s actual goal: undermining faith in American democracy. And in this his most helpful, if unwitting allies have been most of the mainstream media.

Russia was seeking to delegitimize the expected Clinton victory. Facebook ads targeting Hillary Clinton in broken English didn’t undermine anything without the help of Putin’s unwitting partner: the mainstream media.

For over two years, guest after guest speculated about Russian agents “hacking our election. ” Partisan pundits blamed Russian interference for the results of every single race that turned out poorly for Democrats.

Putin got what he wanted, not from Mr. Trump but from his irresponsible critics.

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