Fat in California’s Budget
Whenever there is a budget deficit, politicians automatically want taxes raised. In our private lives, whenever we find ourselves running out of money, most of us think about cutting back on our spending. Not so in government. Despite California’s record budget...Hijacking a Peaceful Religion?
From President Bush to Ted Kennedy we hear the same refrain about Islamic terrorists; “These people have hijacked a peaceful religion. Islamic militants are a few radicals who do not represent Islam.” We are expected to believe that it is not the...Gross Minus Net Equals Zero: Repeal the Sixteenth Amendment
When I worked in Saudi Arabia as a technical consultant in the 1990s, my coworkers and I were astounded upon receiving our first paycheck: we actually were paid the full amount we had earned. Gross pay minus net pay equaled zero. Never before or since in my lifetime...Reagan’s Early Victory in the War on Terror
After 444 days of humbling Jimmy Carter, the rulers in Tehran decided to conclude their drama at the U.S. embassy before they had to face the new president.
The Purpose of Speech Codes in Schools and Colleges
With all the noise being made — from traffic noise to Al Gore’s ranting — you might never suspect that there was a National Day of Silence. What you might also not suspect is that this day is observed in schools and colleges across the country, where...Symbolism vs. Substance in Iraq
This must be the golden age of symbolism. In war-torn Iraq, its political leaders are demanding that foreign workers who are trying to rebuild that country must be subject to the Iraqi legal system. Do you have any idea what the Iraqi legal system is? Are you prepared...Letters to the Editor (June 2004): Kerry’s Relativism vs. Bush’s Religion
The following is the correspondence between Ed Cline and John Lewis, Ph.D. concerning Dr. Lewis’ recent op-ed “The Threat of a Faith-Based Defense of America, Capitalism Magazine, June 6, 2004: Dear Dr. Lewis: Your remarkable and succinct summation of the...The Inflation Monster Is Back
The factor dominating the strategic situation is the long-overdue end to the Federal Reserve’s patience in maintaining low interest rates. The single most important matter now facing the market is the urgent need for the Fed to raise interest rates — now!...
CAPITALISM REVIEW
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