Ammunition for Poverty Pimps

In the wake of Hurricane Katrina’s destruction of New Orleans, President Bush gave America’s poverty pimps and race hustlers new ammunition. The president said, “As all of us saw on television, there is also some deep, persistent poverty in this...

Ostracism

Earlier this year, when the Ward Churchill essay became news, my initial reaction was that he should be charged with a crime such as ‘treason’ or ‘aiding and abetting the enemy’. But through discussion with friends, I realized my reaction was wrong, and that his...

Rosa Parks: Pursuit of Profit vs. Racism

The death of Rosa Parks has reminded us of her place in history, as the black woman whose refusal to give up her seat on a bus to a white man, in accordance with the Jim Crow laws of Alabama, became the spark that ignited the civil rights movement of the 1950s and...

Stocks Will Shine Again

Two weeks ago I suggested that investors sell Exxon Mobil and use the proceeds to buy Wal-Mart Stores. If you’d made the trade that day, then you’d be ahead 11% overall — Wal-Mart is up 3.6%, and Exxon Mobil is down 7.4%. I imagine most people...