-Caveat Lector-

Would it be fair to state that with the rapist-in-chief
tooting in the WH theater, the homos pushing a video
in elementary public school classrooms their lifestyle
is acceptable behavior, and terrorists being released,
our federal government is slightly out of control?
Has the moral majority become a moral minority?
Woe to those who gave birth to the scum
of the '60s generation.

Bard


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Subject: Cato Daily Dispatch


Cato Daily Dispatch
September 1, 1999
by Peter J.M. Orvetti, Manager of Editorial Services

http://www.cato.org/
http://www.cato.org/dispatch/09-01-99d.html

In today's Cato Daily Dispatch, Reno is on the defensive over Waco, the
Russian IMF scandal hits Gore hard, selling a national sales tax in
Arizona, and a school fundraiser for disqualified Cleveland voucher
students.

Reno On The Run Over Waco?

The resurgence of Waco leads the news again today, with CNN reporting that
House Government Reform and Oversight Committee Chairman Dan Burton
(R-Ind.) has subpoenaed White House officials to answer new questions about
the 1993 conflagration at the Branch Davidian religious site. "I want to
find out if [Attorney General] Janet Reno and the Justice Department
hierarchy knew about it and if they did and kept a lid on it, why did they
do that? And if they didn't know about it, why didn't they do a thorough
investigation?" Burton said Monday. Unconfirmed reports suggest that Reno
and FBI Director Louis Freeh may announce a plan to seek an outside
investigation of Waco headed by neither the FBI nor the Justice Department.
The New York Times leads today with Freeh's public support for an outside
inquiry.

A Cato Briefing Paper http://www.cato.org/pubs/briefs/bp-050es.html
released on August 26 addresses what can go wrong when law enforcement
starts acting like the military: "Over the past 20 years Congress has
encouraged the U.S. military to supply intelligence, equipment, and
training to civilian police. That encouragement has spawned a culture of
paramilitarism in American law enforcement. The 1980s and 1990s have seen
marked changes in the number of state and local paramilitary units, in
their mission and deployment, and in their tactical armament. According to
a recent academic survey, nearly 90 percent of the police departments
surveyed in cities with populations over 50,000 had paramilitary units, as
did 70 percent of the departments surveyed in communities with populations
under 50,000. The Pentagon has been equipping those units with M-16s,
armored personnel carriers, and grenade launchers. The police paramilitary
units also conduct training exercises with active duty Army Rangers and
Navy SEALs. State and local police departments are increasingly accepting
the military as a model for their behavior and outlook. The sharing of
training and technology is producing a shared mindset. The problem is that
the mindset of the soldier is simply not appropriate for the civilian
police officer. Police officers confront not an "enemy" but individuals who
are protected by the Bill of Rights. Confusing the police function with the
military function can lead to dangerous and unintended consequences-such as
unnecessary shootings and killings." At a 1996 Cato Policy Forum, former
Sen. Malcolm Wallop said, "I am concerned about the use of the military in
domestic law enforcement activity. That is wrong. It ought to outrage
Americans. It ought to outrage the military, and I believe it does. I have
been told time and time again by military personnel that it is not their
job to police Americans and that it sets a very dangerous precedent.
Constitutionally, it is not the role of the military to work with federal,
state, and local law authorities in law enforcement activities. We see from
the Waco disaster what can happen when military operations collide with
federal, state, and local law enforcement procedures," according to the
Cato Policy Report http://www.cato.org/pubs/policy_report/cpr-18n6-5.html .

Gore Gored By Banking Scandal

The Russian financial scandal is continuing its groundswell and has burst
into the presidential race, with rivals from both parties openly linking
Vice President Al Gore's closeness to Russian leaders with the alleged
improprieties. Gore's sole major Democratic opponent, Bill Bradley, openly
attacked the Clinton administration's Russia policy, though did not mention
Gore by name. But Republican Steve Forbes is running a radio ad stating
that "Vice President Gore co-chairs the commission which oversees
U.S.-Russia relations, but his aides say he was out of the loop. That's why
Steve Forbes is fighting for change: immediately block all foreign aid to
Russia until their workers are paid and root out the corruption of Russia's
robber barons." Republican Elizabeth Dole chimed in by saying "Vice
President Gore has failed in his only major foreign policy effort." On the
front page of USA Today, Treasury Secretary Lawrence Summers tells the
paper that the United States will not support any more International
Monetary Fund credits for Russia until there has been an adequate
accounting of the money that has already been lent. Summers tells USA Today
that the Justice Department does not have evidence "at this time" to
bolster claims that IMF money might have been diverted by organized crime
through at least one New York bank. The IMF is scheduled to release soon
another $640 million to Russia under an already agreed $4.5 billion loan
package. But "[t]he United States will not support disbursement of the next
[installment] without adequate safeguards to assure that any funds
disbursed are used properly [and] without adequate accounting," Summers
said in the interview. House Banking Committee Chairman Jim Leach told
MSNBC that "[c]learly the loan payment shouldn't go out if it's going to be
handled the way the past has been handled. If money is to be stolen it
shouldn't be transferred. It appears that communism has come to an end, but
democracy really hasn't taken root. What you really have is a kleptocracy,
a government that has institutionalized theft at its heart."

Was Russian corruption inevitable? A June Cato Policy Analysis
http://www.cato.org/pubs/pas/pa-348es.html argues that "Russia needs a
genuinely capitalist monetary system. The system should have two pillars:
the U.S. dollar, Russia's de facto free-enterprise money, and sound banks.
Foreign banks should be allowed to compete on equal terms with Russian
banks. The central bank should be eliminated, and with it the privileged
access of some Russian banks to the resources of the Russian government.
Similar reforms have been implemented at least in part in other former
socialist countries with good results. In addition to fostering economic
growth, the reforms have been politically popular. The U.S. government and
international institutions should learn from the experience of those
countries and stop supporting Russia's current monetary institutions." And
last year, Anna J. Schwartz of the National Bureau of Economic Research
wrote in a Cato Foreign Policy Briefing
http://www.cato.org/pubs/fpbriefs/fpb-048es.html that it is time to get rid
of the International Monetary Fund altogether: "The International Monetary
Fund and the U.S. Treasury Department's Exchange Stabilization Fund are
undemocratic institutions unaccountable for their actions. Their current
functions have little to do with their original missions. The ESF is used
by the executive branch to circumvent Congress in the provision of foreign
aid. Its foreign exchange interventions have, in any event, always been
wasteful and ineffective at controlling the relative price of the U.S.
dollar. The IMF has also been used to provide massive bailouts in the cases
of Mexico in 1995 and of Asian countries since 1997. Defenders of the IMF
as an international lender of last resort are misinformed since the IMF
does not and cannot serve that purpose. Both institutions should be
abolished, not reformed, because they are not needed to resolve currency
crises and they preclude superior solutions." Cato Institute Chairman
William A. Niskanen testified on "The IMF and U.S. International Policy"
http://www.cato.org/testimony/ct-wn050598.html before the Joint Economic
Committee in 1998.

Cutting-Edge Taxes

The Arizona Republic reported last week on that state's residents'
skepticism about a national sales tax proposal. Americans for Fair Taxation
and U.S. Rep. Matt Salmon (R-Ariz.), brought a 23 percent sales tax plan to
a news conference in Arizona last week, noting that the tax would replace
all the money the government has been collecting for Social Security,
Medicare and the entire cost of running the federal government. But the
National Retail Federation fears that a sales tax could stifle commerce.
"This may fly in states with no or low sales taxes, but what kind of
competitive position does that put us in?" asked the group's representative.

"The Economic Impact of Replacing Federal Income Taxes With a Sales Tax"
http://www.cato.org/pubs/pas/pa193.html is addressed in a Cato Briefing
Paper by Laurence J. Kotlikoff, who writes that "[a] national sales tax
would eliminate many of the distortions of current income taxes. It would
do away with the differential tax treatment of corporate and noncorporate
businesses, which distorts business decisions; of capital gains and
dividends, which affects decisions about retaining earnings; and of
investment in equipment, structures, and inventories. A sales tax would
also end encouragement of current relative to future consumption, the tax
exemption for health insurance premiums, and the work disincentive
associated with the progressivity of the present tax structure. A national
sales tax could be made progressive by combining it with a refundable tax
credit. Each household could file a form requesting the tax credit and
receive a check from the Internal Revenue Service equal to the amount of
credit for which the household qualified." Another Cato Policy Analysis
http://www.cato.org/pubs/pas/pa222.html concludes, "A tax system with
17,000 pages of law and regulation few citizens understand is not suitable
for a free society. Similarly, a federal agency that cannot adequately
maintain its own accounting ledgers is poorly suited to police those of
individual and business taxpayers. The tax system of a free society must
necessarily release the American people from the burdens of compliance and
the hassle of dealing with an error-prone enforcement agency. The potential
for enforcement abuse is too great to allow a government agency to continue
to wield the power of the [Internal Revenue Service], particularly given
its dismal track record of accountability. An increasingly viable
alternative is to eliminate the income tax system and the agency that
administers it... The IRS can no longer be trusted. The income tax is no
longer sustainable. Americans should abolish it in favor of a national
sales tax." In 1995 testimony http://www.cato.org/testimony/ct-it68.html
before the House Ways and Means Committee, Stephen Moore said that
"[a]lthough Congress may not be ready quite yet to enact a flat tax or a
national sales tax, let me assure you that the public is. Americans are
entirely exasperated with the current income tax--they want a system that
is simpler, fairer and more pro-growth� I favor a national sales tax
because I believe that the income tax is incompatible with a free society.
The IRS routinely intrudes on our basic civil liberties and privacy
rights--and it's intrusions are getting worse all the time. I want an
America where it is no longer the government's business how much money you
make and what you do with it."

A Collection For Cleveland

The School Choice Committee is seeking $2 million in donations to keep
Cleveland voucher students in school, AP reports. Judge Solomon Oliver is
allowing continuing voucher students to continue in the program while the
constitutionality of vouchers is under adjudication, but first-year voucher
students have been shut out. The School Choice Committee wants money to
help these students; the Ohio Roundtable, a public policy organization,
donated $25,000 Monday. The voucher issue is discussed in "Vouchers and
Educational Freedom: A Debate" http://www.cato.org/pubs/pas/pa-269.html , a
Cato Policy Analysis featuring Joseph L. Bast and David Harmer versus
Douglas Dewey. Harmer is the author of the Cato-published book School
Choice: Why You Need It--How You Get It
http://www.cato.org/cgi-bin/Web_store/web_store.cgi?page=school.html&cart_id
= . What voucher funds can actually provide for students is the topic of
"What Would a School Voucher Buy? The Real Cost of Private Schools"
http://www.cato.org/pubs/briefs/bp-025es.html , a Cato Briefing Paper by
David Boaz and R. Morris Barrett.

For highlights of this month's best audio clips check out CatoAudio
http://www.cato.org/pubs/catoaudio/ca-index.html , a lively monthly audio
series that brings you inside the Cato Institute for Policy and Book
Forums, speeches and debates.

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