President Obama Gives Advice He Won't Heed

In his recent visit to Africa, specifically Ghana, President Obama exhorted that nation to adopt business friendly policies.

According to the White House transcripts, he said:

No business wants to invest in a place where the government skims 20 percent off the top or the head of the Port Authority is corrupt. No person wants to live in a society where the rule of law gives way to the rule of brutality and bribery. That is not democracy, that is tyranny, even if occasionally you sprinkle an election in there. And now is the time for that style of governance to end.

The federal corporate rate in the United States is 35 percent, one of the highest corporate tax rates among developed nations. The president and his economic team have said the tax should be higher. Why?

There are many who would argue that the takeover of two of the Big Three American auto companies is an example where the "rule of law" gave way to the brutality of unelected bureaucrats and judges establishing new ownership and new rules. I would agree with the president: this is not democracy, it is tyranny, even if we occasionally sprinkle an election.

What is good for Ghana ought to be just as good for the United States, don't you think?