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 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...

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...