McCain as Kerry’s Secretary of Defense?

Q: John Kerry is floating Senator John McCain’s name as a possible Secretary of Defense. John McCain is a hawkish Republican. How does this square with Kerry being a pacifist, like you claim? A: First of all, you believe Kerry; how wise is it to believe most...

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...

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”...

War: Then and Now

It was refreshing recently to see a front page of the New York Times that was not full of editorials disguised as “news” stories, undermining the war and the president. However, it was a souvenir front page, reprinted from the New York Times of June 6,...