Bush’s Baseball Tax Fetish

What is it with some Republican leaders and baseball? When it comes to America’s national pastime, the party of lower taxes and less government leaves its principles in the dust. The lead GOP pitcher for sports pork is President Bush, who launched a federally...

The NASDAQ Plummet: A Truly Mean Reversion

Statisticians who watch the stock market are accustomed to using the phrase “mean reversion” to describe how returns from investing in equities tend to come back to their long-term averages after they diverge for awhile. The extraordinary period that ended...

Friendship is Selfish

Cicero wrote that, “There is nothing more fatal to friendship than the greed of gain.” Although a popular sentiment, it’s a deeply mistaken one. Think about the friends you have. Try to make yourself aware of what you enjoy about those friends...

John McCain, Traitor

It is time to put the John McCain myth to rest. For years, the national media and a gullible grass-roots following have glorified McCain as a man of integrity who deals in “straight talk.” They have promoted his image as a hero who fought bravely for his...

The Telecommunications Industry Lives

Every time I hear somebody deliver a eulogy for the telecommunications industry, I think of a wonderful analogy that makes me feel better. The argument that the telecommunications industry is dead goes something like this: There is enough capacity in long haul fiber...