Mr. Obama's insistence on high business taxes drives away opportunity.  How can he not know this?

The United States already has the highest corporate tax rate in the world.  Yet this is not good enough for the Obama administration, which is now proposing to make the U.S. even less competitive internationally by reducing the corporate tax deferral on income made abroad.

Somehow, Mr. Obama fails to understand that companies can charter themselves anywhere in the world, and their tax rate depends largely on where they are chartered. They do have to pay local tax rates where they conduct business, but that is only on the business done in tha particular state.

Companies increasingly have been moving out of the United States for tax reasons, and of greater concern is that many new businesses are deciding to choose a home other than the U.S. This is not good for future U.S. employment and economic growth.  Again, how is it possible for Mr.Obama to not know this?

President Luiz Inacio Lula da Silva - known as “Lula” - is functionally illiterate. He won’t read anything, any studies, reports, books et al. His aides have learned to give him only one-page bulleted summaries of any issue, then explain it to him verbally. He has no education and knows nothing of economics or business. Yet he has a photographic memory for events and what is said to him. He is incredibly articulate and persuasive in speech. Thus he is the perfect populist demagogue to rouse the poor Brazilian masses.

After such an enjoyable week watching GOP all-stars slap Zero around like a hockey puck, I'm outta here - for I'm sure not sticking around to spend a minute watching Democrat fascisti indulge in lies, rage, and racism in Charlotte.

Next week I'll be in Bangladesh - for real.  Then I'm spending the rest of September, ah, somewhere in Asia. It's a place I can't write about - I'll have to explain when I get back.

Meanwhile, the HFR will be in good hands with Jack Kelly.  Thanks, Jack!

Tampa.  Let's start with Clint last night (8/30).  The media moonbats erupted with scorn and mockery. They can't stand it when Zero is made fun of - any more than Zero can.  The first time I watched Clint's skit, I was taken aback.  By the second and third time, I realized I was watching comedic genius.  Now think about the context...

The RNC was all about the presidency, but what about the Senate?   Let's discuss the prospects.  Here's the HFR 2012 Labor Day Senate Sitrep.

Do you think it is more important to have a tax policy that raises the most revenue at the least cost, in order to maximize job growth and economic opportunity -  or to have a tax policy like the Buffett rule, which falsely claims it would make all millionaires pay a higher tax rate than their secretaries? 

President Obama released his tax return last week, showing he had an effective rate of a little more than 20 percent of his income, even though he is rich by his own definition. One of major ways the Obamas were able to reduce their tax rate was by giving away 22 percent of their income to charity, which I applaud. But their actions raise several interesting points.

When we donate money to a charity, church or some other worthy cause, we are allowed a tax deduction, which means the government gets less of our money. The president and many in his party keep telling us that the government needs more money, but if they believe this, why are they taking charitable deductions? Why didn't they give it to the IRS which they say needs it so much?

The most personally frustrating aspect of the Abu Ghraib folies is that over a year ago I submitted an interrogation method to the Pentagon that was foolproof, immediate, effective, and humane.

It’s called TFM Interrogation, utilizing a nutritionally-engineered diet of Tryptophan-Free Meals. A TTP article discussing the method is now posted in the Classics section.

I've known Peggy Noonan for 27 years (when she came on board the Reagan White House in 1985), and for my money this is the funniest thing she's ever written:

"It is good that Joe Biden is going to the Republican National Convention next week to hold high the flag of his party. People make fun of his gaffes, of his embarrassing verbal forays, but he's no fool and he knows how to take it to the other guy. The speech he is working on, to be given in the heart of downtown, just across from the convention site, will be stirring and stentorian: ‘All free men, wherever they may live, are citizens of Tampa, and, therefore, as a free man, I take pride in the words, ‘Ich bin ein Tampon'."

Americans, now 236 years removed from the Declaration of Independence, have acquiesced to far more tax tyranny -- and I do not use that word lightly -- than the British tax tyranny that ignited our revolt.

Modern-day apologists for the progressive income tax argue that it is just - because it is imposed by the "consent of the governed" -- and that is merely their first lie.

America was established as a constitutional republic to protect despised minorities from the tyranny of the democratically elected majority. Democracy and consent of the governed are distinctly different concepts. Once it becomes acceptable to divide a population into classes, majorities can easily take the right of consent from a minority.

A progressive income tax only meets the test of "consent of the governed" when a majority of each class of taxpayers consents to its tax rate. Otherwise, it is tax tyranny of a low-tax-rate majority against a vote-poor, high-tax-rate minority.

The apologists for the progressive income tax claim it is only "fair," ignoring the fact there is nothing at all "fair" about taxing at a higher tax rate those who work longer and harder and/or spend more time acquiring an education and work skills. It is destructive and tyrannical for a society to tax the most productive, innovative and job-creating people at a higher rate than others.

One problem our troops in Iraq have is the guerrillas using mosques as weapons store rooms and armed sanctuaries from which they can attack us with impunity. This is a favorite tactic of Muqtada al-Sadr and his “Mahdi” rebels, who have shamed and insulted the world’s Shia community by turning its most sacred shrine, the golden-domed Imam Ali Mosque into an armory.

The fat little bearded thug thinks he is safe in the mosque, for were we to storm the mosque risking its destruction, it could cause the Shia uprising he dreams of. What he doesn’t know is that we could quickly cleanse the mosque of him and his murderous riffraff without firing a shot.