Truth vs. Words on China

It looks as though we’ve won. Officials inside and outside the Bush administration are hailing China’s positive response to our carefully crafted letter of regret as validation of the President’s “quiet diplomacy.” The truth, however, is...

Alan Greenspan: Puppet or Puppet Master?

Alan Greenspan’s about-face on interest rates and tax cuts might have you wondering if he is simply reacting to his new Commander-in-Chief, or if he is seeing how much he can manipulate the economy. Under Clinton, he was an outspoken opponent of tax...
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