Phil Mickelson: Our libertarian martyr

Phil Mickelson: Our libertarian martyr

phil-mickelsonRancho Santa Fe resident Phil Mickelson was, as they say, trending Friday night for once again behaving in libertarian fashion.

The San Diego native has made news for years with his gambling, showing his contempt for societal norms attempting to dictate to adults how they should enjoy themselves.

In January 2013, Mickelson made the Drudge Report (and Cal Watchdog)  for grousing about how high his income taxes had become because of the passage of Proposition 30 and federal deduction changes. Here’s Richard Rider’s sharp take on the flap.

Now it’s onto another area in which Lefty acts out in libertarian fashion: taking on (very indirectly) America’s weird and broad rules about insider trading.

So legendary investor Carl Icahn and pro golf superstar Mickelson have a casual golf buddy in common: Las Vegas gambling-biz figure William “Billy” Walters.

Icahn and Mickelson, however, don’t know each other.

Yet when Walters shares an Icahn tip with Mickelson, once again there are Drudge headlines about Mickelson, this time suggesting he is guilty of insider trading.

If that constitutes a crime, that’s insane. Some of the coverage hints that this is only the tip of the iceberg. But if this is all the FBI and SEC have, oh, my.

So let’s headline the obvious question:

What’s next for Phil, Stealth Libertarian Crusader?

Will he go speeding and then be bludgeoned for demanding that he be allowed to tape the interrogation after the CHP pulls him over?

Will he go rad and complain that the great majority of stop signs should be yield signs?

Or will Mickelson go micro and foment local civil unrest over the preposterous fact that the manager of the Rancho Santa Fe homeowners assocation makes at least $275,000 a year?

We’ll see. It’s an exciting time to be a Phil fan.

35 comments

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  1. John Seiler
    John Seiler 31 May, 2014, 08:35

    In America today, the greatest crime is success.

    Reply this comment
  2. S Moderation Douglas
    S Moderation Douglas 31 May, 2014, 10:28

    “the greatest crime is success.”

    Seilerism?

    Or more paranoia?

    Reply this comment
  3. NTHEOC
    NTHEOC 31 May, 2014, 10:39

    The greatest crime is the flaw in capitalism that allows PIG CEO’S like the microsoft moron to have 2billion in cash to buy a sports franchise like the clippers! This should be a CRIME and I’m glad to see our gov’t looking into the very corporations that allow these greedy pigs to make the amount of money they do. I hope one day to see heavy fines,taxes and even the prosecution of these people. To think of the workers that are being raped for these pigs greed is outrageous! BROWN for PRES! He got California back on it’s feet with a BOOMING economy, he can get the US back also!!!!!!

    Reply this comment
  4. S Moderation Douglas
    S Moderation Douglas 31 May, 2014, 12:45

    My dad was died in the wool anti communist. Better dead than red. He explained to me why “from each according to his means, to each according to his needs” won’t work.

    Some men work very hard and very smart and take great risks. Sometimes they lose, sometimes they win….big.

    BUT: two things…

    With all we have in this country, there is no reason anyone should starve because there are not enough jobs to go around.

    AND

    Some are paid well because they work very hard. But it’s not plausible that anyone works more than a THOUSAND TIMES harder than the average man. Nothing wrong with a 90% marginal tax rate. That is NOT “punishing” someone for being successful.
    ……………………
    There’s also nothing wrong with a golfer moving to another state for tax reasons. But true insider trading is theft. And it may well be theft from YOUR 401(k).

    Reply this comment
    • Donkey
      Donkey 31 May, 2014, 15:07

      IT’s real cute that you have a concern about stealing S&MD, because you could care less about stealing from the taxpayers through your dishonest RAGWUS cabal. You are correct though, “insider trading” is stealing, and so is negotiating an excessive union contract with the very people you helped elect with taxpayer funds.

      You RAGWUS feeders have no moral compass, the trough is your guiding light. 🙂

      Reply this comment
      • S Moderation Douglas
        S Moderation Douglas 31 May, 2014, 16:55

        bitter, paranoid, unhinged and reactionary.

        But consistent.

        Reply this comment
        • Donkey
          Donkey 31 May, 2014, 22:32

          Bottom line, you are nothing but a self-serving mooch, and your days are numbered. 🙂

          Reply this comment
          • Bud Led Ted S.
            Bud Led Ted S. 1 June, 2014, 07:42

            She does seem a bit bitter.

          • S Moderation Douglas
            S Moderation Douglas 1 June, 2014, 12:51

            Frustrated.

            Four years, still can’t sell “RAGWUS”.

            It’s conspiracy.

          • Donkey
            Donkey 2 June, 2014, 03:20

            Still have a problem with the math. Sorry to be you. 🙂

          • Donkey
            Donkey 2 June, 2014, 03:50

            The RAGWUS can be googled my little pet. 🙂

        • Bud Led Ted S.
          Bud Led Ted S. 2 June, 2014, 10:05

          Oh Doinkey—

          If you Google Ted Steele you’ll find pages……….you remind me of Navin Johnson……who used to get excited when the new phone book came out with his name in it!

          Please have your swamp cooler serviced– more global warming coming AND summer!!!

          The Ted System

          Reply this comment
          • Donkey
            Donkey 2 June, 2014, 17:09

            My little parrot TCS, just what do you know about psychrometrics ? Nothing I am sure, engineering is way above your pay grade my RAGWUS feeding troll. 🙂

          • Donkey
            Donkey 2 June, 2014, 17:13

            Global warming is the religion for Algorite fools, you will be a keeper!! 🙂

          • Bud Led Ted S.
            Bud Led Ted S. 2 June, 2014, 17:42

            LOL– two spinning trolls!

            It’s just that easy folks! ™

          • Donkey
            Donkey 3 June, 2014, 08:17

            Funny TCS, you’re the on spinning my little parrot!! 🙂

          • Bud Led Ted S.
            Bud Led Ted S. 3 June, 2014, 17:06

            “The on spinning” ?

            Hmmmm

            Off the meds yet again little buddy?

            Hurry—Post now slave troll!!!

  5. Bud Led Ted S.
    Bud Led Ted S. 31 May, 2014, 15:41

    Well said Douglas— My guess is that he is a freeloader of sorts. And, he will get caught here at tax faud or the SEC violation. This is an old story— It strikes me as pathetic that the libertarians can’t find a better hero that a crook like this waste of space.

    Reply this comment
  6. Bud Led Ted S.
    Bud Led Ted S. 31 May, 2014, 15:44

    I don’t mean crook literally, I mean it in the sense that he wants to freeload— he wants ALL of societies benefits and services but does not want to pay. There are so many more wealthy famous champs who live in Cali that all must have better tax accountants than this slob, I mean, guy.

    Reply this comment
  7. Queeg
    Queeg 31 May, 2014, 20:24

    Poodle get at your fried chicken station and feed some patriotic truckers.

    Reply this comment
  8. Richard Rider
    Richard Rider 3 June, 2014, 18:11

    California a “booming economy”?? In which parallel universe?

    Here’s a fact that stunned even me. From January 2011 through March 2014, there have been more housing starts in Houston, Texas than in THE ENTIRE STATE OF CALIFORNIA.
    http://www.aei-ideas.org/2014/05/chart-of-the-day-california-vs-texas-in-one-chart/

    California ranks 48th worst for credit card debt and 49th worst for percentage of home ownership.
    http://riderrants.blogspot.com/2013/02/more-dismal-california-economic-rankings.html

    Or how about our unemployment:

    CA is the 4th worst state unemployment rate (April, 2014) – 7.8%. National unemployment rate 6.3%. National unemployment rate not including CA is 6.1%, making the CA unemployment rate 28.8% higher than the average of the other 49 states. (Sadly, one of the better performances we’ve managed in several years – we were at 4.8% in Nov, 2006 – vs. national 4.6%). http://www.bls.gov/web/laus/laumstrk.htm
    Using the average 2013 U-6 measure of unemployment (includes involuntary part-time workers), CA is the 2nd worst (after Nevada) at 17.3% vs. national 13.8%. National U-6 not including CA is 13.3%, making CA’s U-6 29.9% higher than the average of the other 49 states.
    http://www.bls.gov/lau/stalt.htm

    How about California poverty compared to other states:

    California’s real poverty rate (the new census bureau standard adjusted for COL) is by far the worst in the nation at 23.8%. We are 48.8% higher than the average for the other 49 states. Indeed, the CA poverty rate is 20.2% higher than 2nd place Nevada.
    http://www.census.gov/prod/2013pubs/p60-247.pdf page 13

    Or how about our business climate:

    In 2012, our supply of California businesses shrunk 5.2%. In ONE year. NOTE: That’s a NET figure – 5.2% fewer businesses in CA in 2012 than were here in 2011. Indeed, in 2012, CA lost businesses at a 67.7% higher rate than the 2nd worst state!
    http://riderrants.blogspot.com/2013/07/in-2012-ca-lost-businesses-at-677.html

    The top U.S. CEO’s surveyed rank California “the worst state in which to do business” for the 10th straight year (May, 2014).
    http://chiefexecutive.net/best-worst-states-for-business-2014#ranking

    From 2007 through 2010, 10,763 manufacturing facilities were built or expanded across the country — but only 176 of those were in CA. So with roughly 12% of the nation’s population, CA got 1.6% of the built or expanded manufacturing facilities. Stated differently, adjusted for population, the other 49 states averaged 8.4 times more manufacturing growth than did California.
    http://www.cmta.net/20110303mfgFacilities07to10.pdf

    “Booming economy”??? Yeah, riiggghhhhttttttt.

    Reply this comment
    • John Seiler
      John Seiler 4 June, 2014, 07:15

      Richard: Thanks for your info. A good summary of what’s really going on. Of course, Brown handily just won the primary on his theme of having saved California.

      Reply this comment
      • Richard Rider
        Richard Rider 4 June, 2014, 08:08

        “Richard: Thanks for your info. A good summary of what’s really going on. Of course, Brown handily just won the primary on his theme of having saved California.”

        Thanks, John Seiler. I hope to convince the California electorate that such is not the case. Uphill battle, to grossly understate the obvious.

        Reply this comment
      • Bud Led Ted S.
        Bud Led Ted S. 4 June, 2014, 16:49

        Well, budget wise– he did.

        Reply this comment
        • Richard Rider
          Richard Rider 4 June, 2014, 18:08

          Budgetwise, Brown did indeed succeed in balancing the (official) budget. But at what longer term cost to the economy? We shall see.

          The way I see it, many wealthy people are willing to weather the “temporary” CA rapacious income tax, given that it ends in a couple years.

          Or NOT end.

          If the legislature succeeds in making the “millionaires’ tax” semi-permanent (currently not likely, I conjecture, given the 2/3 majority requirement) — or the voters pass such an initiative (simple majority will do) — then I would expect the departure of the wealthy to accelerate.

          Either way, it’s likely that very few wealthy people in other states will be making CA their legal residence. Think Mitt Romney, who vacations here a couple months a year.

          As for the CA budget (not the local budgets), the improvement is due almost entirely to a rising stock market and the CA capital gains being taxed as ordinary income. As has happened in the past, come the next market correction, this windfall pretty much dries up, with the usual “unexpected” consequences.

          Reply this comment
          • Bud Led Ted S.
            Bud Led Ted S. 4 June, 2014, 20:16

            But Richy you gotta give him credit there—- it was no easy task to balance that thing.

          • Richard Rider
            Richard Rider 4 June, 2014, 22:29

            Yeah, Bud, they REALLY reined in the spending, didn’t they? Right Bud? Talk about fiscal restraint!

            Uh huh.

            And then there’s the matter of govt accounting (the kind that gets private company CEO’s put in jail — essentially grossly understating the unfunded pension and retiree health care obligations. Not to mention ignoring the coming mushrooming health care subsidy costs.

            Ipso presto — a budget surplus!

          • Bud Led Ted S.
            Bud Led Ted S. 4 June, 2014, 22:35

            No they have actually reduced a ton– just look at the courts!

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