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...

The Real Accounting Problem in America

Is it me, or have recent business stories begun to resemble episodes of VH-1’s “Behind the Music”? Think about it: Executives cook the books and make millions. They live fast and high on the company dime, buying items such as $6,000 shower curtains...

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...

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...

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