Socialism Won't Lower the Cost of Gas

Oil and gas prices are higher than ever, and are going still higher. Everybody knows it. The oil-producing Middle East is becoming more unstable than ever before, with the active help and participation of the United States — in Libya, for example. Everybody...

U.S. Bombs on Libya May Backfire

As the U.S. fired more than 100 Tomahawk cruise missiles into Libya on Saturday, the objective seems clear.  Barack Obama declared that “we cannot stand idly by when a tyrant tells his people that there will be no mercy.”  He explained: ...

Interest Rates Are on the Launch Pad

A few months ago, the chorus sung by the recovery cheerleaders reached a crescendo when expanding consumer credit statistics and surging US trade deficits provided them with “evidence” of an economic rebound. In declaring victory, they overlooked the very...

Reflections on the Disaster in Japan

Someone wrote and asked me the following: ”I’ve been thinking about the following. Is it acceptable to sacrifice one man to save 100,000 or any large arbitrary number? I know this question has shown up in many stories and films and I am sure philosophy...

The "One" Plays Soldier: Obama's Pretend War

The British Ministry of Defense, the French government and the American White House all insist: The target of the military attack on Libya is not Qaddafi; it’s only military buildings. So let me get this straight. We’re attacking Libya because the dictator...