Trump & GOP Support Socialism Underlying Obamacare

ObamaCare is succeeding, because its goal is a single-pay state monopoly in medicine; the failure it’s causing in America’s health insurance market is simply a means to that end.

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The Truth About Climate Change

The small warming that we do have is something to be welcomed and celebrated—not something to be feared or curtailed.

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Business and “Price Fixing”

“As soon as two businessmen get together, they start discussing how to fix prices” This is what I heard a leftist public radio talk show host say on Sunday morning. My ears naturally perked up upon hearing something that ludicrous. He said he was quoting some...

The Cult of Sacrifice

In 2007, I served as a consultant to a group of citizens opposed to an attempt to bring zoning to Hobbs, New Mexico. During that time, I wrote a series of articles that were published in the local newspaper. This is one of those articles. In a referendum, zoning was...

California: Paradise Lost

Like that of many Third World countries, California's electrical grid can now fail with little notice. Rolling blackouts leave households in the dark, university classes canceled, and families without essential appliances. The most elemental responsibility of a humane...

Kyoto is Dead

[CAPITALISMMAGAZINE.COM NEWS REPORT] The Bush White House rocked Washington, DC and the world on March 28 when it acknowledged it would take no action on the Kyoto Protocol, the global warming treaty negotiated in 1997 by the Clinton administration. State Department...

Regulating the Regulators

President Bush has ordered all federal agencies, before they issue any kind of regulations, to consider their impact on energy supplies, and to expedite permits so that energy projects don't get "snarled in bureaucratic tangles as local governments or entrepreneurs...

Power at Any Price

Last month, in a response to President Bush's energy plan, Governor Gray Davis declared that the state of California is "in war with energy companies." By attacking the producers of energy, he has demonstrated a fundamental misunderstanding of the roots of the energy...

The American Dream: Why Environmentalists Attack the SUV

The SUV is under attack. Greens say they use too much gas, threaten air quality and contribute pell-mell to the desecration of the environment. So why would anyone build these horrible engines of death? They build them because SUVs have advantages in safety, cargo...

Orchestrating Energy Disaster

One needn't be a rocket scientist to create California's energy problems. According to the California Energy Commission, from 1996 to 1999 electricity demand, stimulated by a booming economy, grew by 12 percent while supply grew by less than 2 percent. Here's how...

Nations United Against Rights

On Friday, Secretary-General Kofi Annan met with congressional leaders to assuage their anger at America's ejection from the UN's Human Rights Commission. The meeting seems to have been a success; it looks as if Republicans in Congress will give up their attempt to...

Anti-Intellectualism Runs Rampant in U.S. Education

Diane Ravitch research professor at New York University and holds the Brown Chair in Education Studies at the Brookings Institution in Washington, DC and is author of the book Left Back: A Century of Failed School Reforms. Clowes: What prompted you to write Left Back?...

Basic Economics

Dr. Thomas Sowell has just released his latest treasure -- it's title is "Basic Economics." Reading through the book reminded me of a 30-plus-year-old conversation I had with Professor Armen Alchian, one of my tenacious mentors during my graduate training at UCLA....

Fire in the “Frankenforest”

A jihad against some of America's best and brightest researchers continues unabated. Arsonists struck again in the Pacific Northwest this week, gutting a University of Washington horticultural lab in Seattle and burning down property at a poplar tree nursery in...

Jim Jeffords’ Defection and the High Cost of Politics

In the years ahead, more violent criminals may be walking the street, some taking the lives of law-abiding citizens, because someone in the White House couldn't keep his big mouth shut about how they were going to retaliate against Republican Senator Jim Jeffords for...

Moody Markets, or Manipulated Markets?

One of the things we often hear about the stock market is that it is an anticipatory animal, meaning that bear markets begin when the economy is good but people fear that things will get worse in the future, and that conversely, bull markets begin when the economy is...

Patriotism and Pearl Harbor

The hallowed waters that surround the sunken U.S.S. Arizona murmur gently like eternal witnesses to history. There lie 1,102 American crewmen who lost their lives during the Dec. 7, 1941, air raid on Pearl Harbor. Above the ship, like a floating tombstone, rests a...

America’s Descent Into Servitude II

The Texas Legislature is currently considering a bill that will mandate "volunteer" work for all college and university students in the state. The result of this bill will be to introduce "volunteerism" as a component of college education. The grave implications of...

Urgent Virus Threat – NOT!

For the third time in two days, I've received an e-mail from some well intentioned idiot warning me of an extremely destructive computer virus for which there is no cure. In each case, it took me about a minute to go to the Symantec web site and learn that the alleged...

W. Wimps Out on Guns

The "Million" Mom March fell about 999,800 bodies short this year. Rosie O'Donnell, a leading anti-gun loudmouth who emceed last year's march and later sought armed security guards for her own children, was a no-show at the pathetically attended protest in Washington,...

The Coming Telecom Capacity Crunch

In my past column, I explained why a telecom rebound is likely to occur faster than most people expect: the continued explosive demand for bandwidth, the reopening of capital markets courtesy of lower interest rates, increased telecom revenues resulting from price...

The Right to Inhale

On May 14th, the US Supreme Court reached a verdict on the case of U.S. v. Oakland Cannabis Cooperative. By unanimous decision the Court ruled that manufacturers and distributors of marijuana cannot claim the medical needs of their customers as defense against federal...

Bush Energy Plan Caves In

President Bush's newly released national energy plan offers us more of what already threatens this country. No, I am not talking about the president's plans to allow oil drilling in Alaska, or to build more gas pipelines, or to license more nuclear power plants. All...

Why Should You Worry About Medical Privacy?

Last year a sophisticated Internet hacker took control of the University of Washington Medical Center's network and downloaded the admissions records of 4,000 cardiology patients. Among the thousands of pieces of private information he downloaded were names,...