by Jonathan Hoenig | Jun 8, 2004 | POLITICS
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...
by James Glassman | Jun 7, 2004 | POLITICS
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...
by John David Lewis | Jun 6, 2004 | POLITICS
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”...
by Scott Holleran | Jun 5, 2004 | Movies
A mythical hero whose mind is his means of understanding the world and whose happiness is his primary goal.
by Glenn Woiceshyn | Jun 5, 2004 | Abortion, Women's Rights
“Fetal Rights” are a gimmick to destroy a woman’s individual rights.
by Thomas Sowell | Jun 4, 2004 | POLITICS
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,...
by Alex Epstein | Jun 4, 2004 | POLITICS
It is a testament to the perverse priorities of our politicians and journalists that the biggest American outcry over Abu Ghraib has been not about the gruesome decapitation of American Nicholas Berg by terrorists, but about the fact that many Arabs and Europeans are...
by Don Luskin | Jun 4, 2004 | POLITICS
This column is going to be about what no investor wants to talk about: another terrorist strike on American soil, and how could it affect the stock market. How likely it is to happen — and when? “When” is really the only question. Not...
by Larry Elder | Jun 3, 2004 | POLITICS
Tom Brokaw said it. So it must be true. “There were three big reasons for the United States to go to war against Iraq,” said Brokaw. “Weapons of mass destruction, the connection to terrorists and that we were going to establish a kind of higher moral...