Death of a Navy SEAL

by | Dec 17, 2012 | Foreign Policy

The loss of a Navy SEAL who was killed  last week while rescuing an American doctor held prisoner in Afghanistan underscores that the U.S. military action in Islamicist Asia is based on selflessness, not on U.S. self-interest. The SEAL’s name is Nicolas D. Checque. He...

Anti-Capitalist Policies, FDR to Obama

by | Dec 14, 2012 | POLITICS

Pushing his agenda for higher taxes on “the rich,” President Obama kicked off his December 6 speech in Kansas by saying his Kansas grandparents “shared the optimism of a nation that triumphed over the Great Depression.” In fact, the 1929 stock...

Doing Away With Ceiling Drama

by | Dec 6, 2012 | POLITICS

Treasury Secretary Timothy Geithner made news last week by proposing to transfer the Congressional prerogative to raise the debt ceiling to the President. The change would essentially do away with the meaningless debt ceiling debates that have become ritual kabuki in...

The Bum, the Cop and the Facts

by | Dec 4, 2012 | CULTURE, Racism

This is about the barefoot Times Square bum bestowed with a pair of boots on a cold November night by a policeman whose act of charity was photographed by an Arizona tourist. The bum, it turns out, was seen last Sunday on the Upper West Side. The new boots, valued at...

Central Banks Hedge Their Bets

by | Dec 4, 2012 | Money & Banking

Gold appears to be headed for an impressive price appreciation for the second half of 2012. Since the beginning of July, gold is up almost 10 over the same time frame. What is noteworthy here is that in recent months, fears of a worldwide recession have increased...

The Broken Reporting Causing the “Broken Patent System” Hokum

by | Dec 4, 2012 | Intellectual Property

The real problem with this “broken reporting” by Mr. Bilton and his ilk is that it is feeding a growing anti-patent frenzy among commentators, academics, and the public, who seem to think that your smart phones, tablets and other technological marvels just don’t exist because of a so-called “broken patent system” that has stymied software and other high-tech innovation at every turn.

Patriotic Millionaires Unmasked

by | Nov 20, 2012 | Taxation

Despite the breathless post-election “think pieces” that have drawn sweeping and deeply considered conclusions about the political drift of the country, at its core President Obama’s re-election is easy to understand. He essentially promised millions...