Archive for May 14th, 2008

Economic Club Speaker Advocates Individual Liberty

Chamber News, Government No Comments »

"For the past half-century, free enterprise and what it stands for has been under constant attack,” asserted Walter Williams at the last Economic Club of Indiana luncheon of the season Friday.

Williams, a well-known political pundit, columnist, professor and occasional guest host of the “Rush Limbaugh Show,” presented his strong views on economic and tax policy in America today.

Williams employed obvious and often humorous comparisons to illustrate his message – at one point equivocating the federal government’s wealth redistribution programs to armed robbery with a benevolent motive. 

“We must ask ourselves, is there ever a moral reason for taking what belongs to one person and giving it to another?” Williams asked, reminding the audience that, “government has no money of its very own.”

As a promoter of individual liberty over intrusive government, Williams believes that charitable contributions and other financial transactions are most effective when people are free to participate in voluntary exchange.

Mandating what Americans save for retirement and enforcing it through Social Security taxes is just one of the ways Williams feels government is interfering with voluntary exchange.  He also asserted that the federal government has no Constitutional authority to collect taxes for three-fourths of the things it currently collects.

The next Economic Club luncheon season will begin with Eli Lilly president/CEO John Lechleiter on Sept. 24. He will be followed by editor of the The Weekly Standard (and New York Times columnist) William Kristol on Oct. 27, who will offer his political insights just before the 2008 election. Here is the current schedule, and new speakers are still being added.

Government Efficiency Still Top Priority for Commission Members

BizVoice, Business News, Government No Comments »

Members of the Indiana Commission on Local Government Reform didn’t abandon the cause after coming up with their far-reaching and meaningful recommendations in late 2007. The six months of work in compiling the report obviously became personal for the commission members – co-chairs Joe Kernan and Randall Shephard along with Ian Rolland and John Stafford of Fort Wayne, Sue Ann Gilroy and Louie Mahern of Indianapolis, and Adam Herbert of Bloomington.

Kernan, at the Indiana Chamber’s request, jumped in early this year with a series of video messages and BizVoice magazine article emphasizing the need for reform and discussing the findings/recommendations in specific issue areas. The former governor – along with Shepard, Stafford and Mahern, in particular – has been out on the speaking circuit ever since the report was released. They, along with others, recognize the challenge. It’s fair to say they (again, along with proponents who understand the importance of modernizing a system that has been in place for more than 150 years) wished more progress had taken place during the General Assembly session, but as political veterans they also realize little could be done with the runaway train that became homeowner property tax relief.

It’s no secret that Gov. Daniels will be focusing on this topic in his re-election bid and, if successful, in the 2009 legislative agenda. The status quo must change – at all levels. The numbers are in the report; the message is the same as those four words from Kernan upon its release – “If not now, when?”