The Best Defense is a Superior Offense

Some say our “War on Terror” should consist mainly of bolstering security here at home, not military action abroad. But “homeland security” is no more the answer to Islamic terrorism than smoke alarms is to arson. Fighting back– not dodging blows– is the chief component of self-defense. Limiting self-protection to merely avoiding getting hit is […]

Real Estate: Dangers of Homeowner’s Associations

I have warned many times of the dangers of homeowner’s associations (HOA’s). As I speak around the nation on the subject of “Sustainable Development,” an environmental term intended to disguise the elimination of property rights, inevitably someone from the audience questions my opposition to them. The common defense seems to be that they are voluntary […]

The United Nation’s Fork in the Road

Prior to President Bush’s address to the United Nations on September 23, Kofi Annan, its Secretary General, told the General Assembly that “we have come to a fork in the road.” The problem he cited was that of pre-emptive strikes on nations that pose a threat to peace in their region and to the rest […]

Saving Mideast Studies

“Intellectual thugs,” huffed Rashid Khalidi, now of Columbia University. “Cyber-stalking,” whined Juan Cole of the University of Michigan. “Crude McCarthyism” sniffed David Bartram of the University of Reading. “Totalitarian” thundered Jenine Abboushi of New York University. What so outrages these academic specialists on the Middle East? It’s called Campus Watch (, and it’s a project […]

Who’s to Blame? Who Do You Think???

At a dinner for local writers who gathered at the home of the president of Seton Hall University, a noted Catholic institution of higher learning, the conversation turned to terrorism and once again I was treated to the “blame America” version of what is happening in the world. Another element of this proposition was to […]

Find Stocks with Low Price-to-Sales Ratios

If you’re skeptical of what businesses report as “earnings” — their official profits — you have a right to be. Earnings are an artifice of what are called generally accepted accounting principles, and, while GAAP earnings are universally admired, almost worshiped, by accountants, they’re also based on a lot of guesswork — such as reserves […]

The Trouble with Islam: A Wake-up Call for Honesty and Change

“You will sooner or later pay for your pack of lies,” read one threatening message last week to the author of The Trouble with Islam: A Wake-up Call for Honesty and Change. In that book, just released in Canada, Irshad Manji, 34, explores such usually taboo themes as anti-Semitism, slavery and the inferior treatment of […]

Heroism and Doing Your Job

I once argued with my former coworker about firefighters. She didn’t consider them heroes, as they were widely and properly called after September 11, 2001, because on that day, like any other, “they were just doing their jobs,” she said. Obviously, the firefighters who climbed 70 or more stories inside towering infernos were doing their […]

Watch Out for the Pander Bears

I hate to say it, but it’s looking like my technician friend Fred Goodman was right when he issued a sell signal a couple of weeks ago. Yes, earnings are surging and the economy-wide recovery is accelerating, with the technology sector leading the way. But in case you haven’t seen the tickertape this week, the […]

What is Poor?

The Census Bureau recently released its annual report on poverty in the United States. It was widely reported that the number of people officially defined as poor rose by 1.7 million, raising the poverty rate from 11.7 percent of the population to 12.1 percent. None of the stories I read called attention to another Census […]

Pentagon Jihadis

The news last week that two Muslim military personnel, James Yee and Ahmad al-Halabi, had been arrested on suspicion of aiding Al-Qaeda prisoners at Guant

Cancun’s Green Carnival of Death

Like most people, issues of world trade and economics tend to go over my head. The only thing I do understand is that world trade spreads prosperity wherever it is permitted to flourish. Tariffs and other impediments just drive up the costs of everything for everyone. There is, however, another aspect to world trade that […]