Rational Exuberance
It was December 1996 when Alan Greenspan, chairman of the Federal Reserve Board, first questioned if “irrational exuberance” had pushed stock prices too far, too fast. Although his comment sent the market into a brief plunge, history proved Greenspan dead...How Proposed Securities and Exchange Commission Regulations Will Worsen Fund Performance
Investors punished mutual funds in the 2003 late-trading and market-timing scandals the old-fashioned way — by withdrawing their money and going somewhere else. For instance, shareholders last year pulled $29 billion out of the funds of Putnam Investment...The Threat of a Faith-Based Defense of America
In the war between reason and religion, declared by militant Islamic fundamentalists, President Bush is firmly on the side of religion. The positions he supports most passionately are those of theocracies: prayer in schools, a national pledge “under God”...Welcome Back, Potter: Harry Potter and the Prisoner of Azkaban
A mythical hero whose mind is his means of understanding the world and whose happiness is his primary goal.
Ban on “Partial-Birth” Abortion Violates Women’s Rights
“Fetal Rights” are a gimmick to destroy a woman’s individual rights.
