Why Stocks Don’t Stink

“My message is as follows: stocks stink and will continue to do so until they’re priced appropriately, probably somewhere around Dow 5000, S&P 650, or Nasdaq God knows where.” That’s what Bill Gross, the usually mild-mannered managing director of Pacific Investment Management Co., wrote in a widely discussed letter to clients last month. Gross is […]

The Houdini Award for Judicial Curruption

You expect a corrupt politician to do corrupt things, so when Senator Robert Torricelli, D-N.J., withdrew as a candidate for re-election after ethics charges led to his falling behind in the polls, that was hardly surprising. Nor was it particularly surprising that New Jersey’s Democratic Party chose a substitute — even though this was in […]

Coloring the Sniper News: The Angry White Male Theory

MONTGOMERY COUNTY, Md. — Some profiling experts are convinced that the roving sniper who has terrorized my neighborhood and surrounding communities is a white male. – Dr. Michael Welner, a forensic psychiatrist at New York University Medical Center, described the shooter as “white, male, single, 20s-30s . . . (with a) longtime fascination with hunting […]

The Case for Action Against Iraq

There is no honest question that Saddam is evil. Saddam is a dictator in the classic Stalinist model and Iraq is the antithesis of a free republic. Rather than make reason, persuasion and individual freedom the hallmark of its regime, Iraq relies upon the systematic use of brutal force to govern. And just as Saddam […]

South Korea’s Delusions About Its Totalitarian Neighbor to the North

What is it about free countries that at critical moments they delude themselves into thinking that they can contain their totalitarian enemies through a policy of niceness? In the 1930s, the British and French leaderships believed that appeasement – accepting Adolf Hitler’s annexation of Czechoslovakia – would satiate the German dictator’s aggressiveness. In the 1970s, […]

Did Christopher Columbus “Discover” America?

Columbus Day approaches and this year has a special meaning. Christopher Columbus is a carrier of Western Civilization and the very values attacked by terrorists on September 11. To the “politically correct,” Columbus Day is an occasion to be mourned. They have mourned, they have attacked, and they have intimidated schools across the country into […]

Congressman Jim McDermott: Saddam Hussein’s Useful Idiot in the U.S. Congress

Senator Hillary Rodham Clinton, post-Sept. 11, held up a New York Post headline, “Bush Knew.” “Bush knew,” said Sen. Clinton. “The president knew what?” Then Congresswoman Cynthia McKinney, D-Ga., on a radio talk show, insisted that Bush not only knew, but intentionally avoided taking action so as to enrich his friends in the military business. […]

Dangerous Restraint

President George W. Bush’s speech on Iraq in effect reiterated what Edmund Burke said more than two centuries ago: “There is no safety for honest men except by believing all possible evil of evil men.” Today, in a nuclear age, those words apply more strongly than ever. To many Americans, it was almost incomprehensible how […]

Black Leaders Silent Over Mugabe’s Destruction of Zimbabwe

Shakespeare Maya, Zimbabwe’s leader of the opposition National Alliance for Good Governance, opined, “This land was stolen from our ancestors, and it follows that those who hold it now are thieves.” It’s this vision that has prompted Zimbabwean President Robert Mugabe to target 95 percent of white-owned farms for redistribution. His Land Acquisition Act calls […]

Permission to Speak: The End of Free Speech

Two recent events show the real meaning of two popular ideas: “hate speech” regulations and campaign finance controls. The real meaning of both is the end of free speech. The first story comes from Canada, where “hate speech” laws are already on the books. Last week, a shipment of pamphlets from the Ayn Rand Institute […]

The Rise of Religious Radio

NPR liberals are horrified. Across the country, thousands of radio listeners are tuning out conservative-basher Nina Totenberg, and tuning in conservative heroine Phyllis Schlafly. The growing Christian radio audience is bidding “adieu” to “Morning Edition” and saying “Amen” to gospel music hour. They’re giving the boot to “Car Talk’s” Click and Clack and greeting each […]

Would-Be Intellectual Vandals Get Their Day in the Supreme Court

In 1998 Congress, pursuant to its Constitutional power to determine the duration of federal copyright protection, passed a law extending the term of that protection by 20 years. This law brought United States copyright protection in line with that already afforded in Europe. In addition, as the average life expectancy in the United States now […]