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Why Does 1% of History Have 99% of the Wealth?

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The latest video from Learn Liberty features Professor Deirdre McCloskey answering the question: “Why does 1% of history have 99% of the wealth?”

She explains that throughout the vast majority of history, individuals earned an average of $3 a day (in today’s dollars). That is, until the 1800s, when the average earning shot up drastically. Even more incredibly, in the last 30 years, the number of people who are as badly off as our ancestors has been cut in half.

People today aren’t rich because they exploit the poor, as many on the Left like to pretend, Prof. McCloskey explains. There have always been poor people and their presence didn’t cause wealth. The wealth that we enjoy is brought about by innovation, and the economic freedom to prosper.

CNN’s John King Mocks Jay Carney’s Spin on Benghazi Emails

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CNN host John King had some fun with White House Press Secretary Jay Carney’s spin on why the administration didn’t previously release an email that relayed talking points to then-U.N. Ambassador Susan Rice to hit on Sunday talk shows in which questions about Benghazi would be asked.

“[I]f you look at the document in question here, it is not about Benghazi,” Carney told ABC News correspondent Jon Karl on Wednesday, “it is about the protests around the Muslim world outside of U.S. embassies, and what we know about them and what we should say about them based on our policies.

Karl had asked Carney why the White House and administration didn’t release an email written by then-White House Deputy Strategic Communications Adviser Ben Rhodes that contained talking points.

King mocked Carney’s explanation. “I don’t know how — and I don’t have two hands. I don’t know how you can say this is not about Benghazi,” the CNN host said. “I can’t understand why the White House did this, because if you released it with all the others you could say Ben Rhodes, when he wrote this document was following, if you look at the timeline, a previous email that came over from the CIA saying here are the talking points.”

“So they could release this and people could say it was wrong, people could say its misleading and be done with it a year ago. Now people are saying, why are you hiding this?” he added.

Politico’s Mike Allen: Democrats Say GOP Has 60% Chance Of Winning Senate

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During an appearance on MSNBC’s Morning Joe, Mike Allen, chief political reporter for Politico, explained that Democrats are increasingly worried about keeping control of the Senate this fall, which is why party leaders are going to bring up the Keystone XL pipeline for a vote.

“They’re actually going to have a vote, and this is a real surprise. It’s a sign of how worried Democrats are about the Senate” says Allen.” “Yesterday, I was out at the Milken Conference in Los Angeles [and] did a poll of a panel including a lot of Democrats, asking them what they thought the chances were that Republicans would take over the Senate.

“Nate Silver said it’s around 60 percent, David Leonhardt, in his new feature at The New York Times, has said it’s around 51 percent,” Allen noted. “The sense of Democrats I talked to is it’s more like 60 percent. They are very worried about a Republican Senate.”

Vulnerable Red State Democrats support Keystone XL and they’ve urged President Obama to approve the pipeline. Reid and other Democratic leaders are still debating on whether the vote will be on binding measure or on a non-binding “Sense of the Senate” resolution.

Ron Fournier: White House Put Politics Before Transparency On Benghazi

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National Journal’s Ron Fournier says that the Obama administration put politics first when it came to the narrative shaping that went on after the 2012 Benghazi terrorist attacks.

“If there’s a smoking gun here, it’s the email that shows Rhodes, working for the President, said that our goal here, our number one goal here, is showing on the Sunday talk shows through Susan Rice that the President is strong on foreign policy,” said Fournier this morning on CNN. “That was the goal.”

Fournier is referring to obtained by Judicial Watch, a conservative watchdog organization, which included an email from then-White House Deputy Strategic Communications Adviser Ben Rhodes to other prominent White House officials listing goals for then-U.N. Ambassador Susan Rice to communicate on Sunday talk shows.

Among the goals listed in the email from Rhodes was “[t]o underscore that these protests are rooted in and Internet video, and not a broader failure or policy.”

“The goal wasn’t to find out the truth and find out what happened and make sure this doesn’t happen again,” said Fournier. “They put politics first,” he added, noting that Benghazi began the undermining of President Obama’s credibility, followed by the IRS scandal and the now-infamous lie that Americans could keep their health plans under Obamacare.

CNN: ABC/WaPo Poll A “Low Point For Obama, For His Entire Presidency”

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In a panel discussion this morning on CNN’s New Day, John King brought up the new Washington Post/ABC News poll which found President Barack Obama’s approval rating falling across the board.

“The one constant if you look at history to track, to get a sense of where we’re going is the president’s approval rating. [The] ABC News/Washington Post poll out just this morning, the President’s job approval rating [is] at 41 percent,” said King. “In the ABC/Washington Post poll, that is the lowest of the Obama presidency.”

The Atlantic’s Molly Ball agreed, telling King that the poll “is absolutely a low-point for Obama, for his entire presidency.”

ReasonTV: Happy (Tax Day Edition)

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ReasonTV has put out a video in honor of Tax Day to the tune of “Happy” by Pharell Williams. They point out that we DON’T want to pay for things like outhouse in the middle of the woods, a camel statue from Pakistan, and studies on quails.

As they say in the video, “It’s crappy!” But if you don’t pay up, you’re going to jail. Happy Tax Day!

Harry Reid Says He Never Called ObamaCare Stories Lies

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Harry Reid Says He Never Called ObamaCare Stories Lies

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Awkward: Sebelius silent after hearing Oklahoma’s opposition to Obamacare

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Health and Human Services Secretary Kathleen Sebelius stared into the camera after a KWTV anchor rattled off the most recent poll numbers from the state.

“At least check 64% Oklahomans aren’t buying into the health-care plan,” the anchor told Sebelius. “They don’t like Obamacare, and they’ve been pretty vocal about it. Now that’s going to still continue to be a tough sell, but we’ll see how that plays out over the coming months.”

Sebelius sat in silently for eight second until the anchor awkwardly spoke up.

“All right, Secretary Sebelius, thanks so much for being with us this morning,” he said. “I think we’ve probably lost sound here, or something.”

Well, I can hear you,” Sebelius replied. “Thanks for having me.”

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