The War Against Success

Name some of the things that make us so much better off than Americans of just a couple of generations ago. One of the most important things are new medicines that not only prolong life but leave us vigorous at ages when old folks used to sit around in rocking chairs....

Kill Bill – To Expand Medicare

From time to time, Congress passes, and the President signs a bill, that forever changes every American’s life. The Medicare prescription drug coverage bill — which President Bush has vowed to sign — is such an event; if passed, this expansion of...

The Case for Off-Shore Drilling

For a small State, New Jersey continues to send a large delegation of mental midgets to Washington, DC to represent it. In the last election, Sen. Robert Torricelli, the man famed for leaking the name of a CIA agent, was yanked off the ticket at the last minute as the...

In Defense of Mutual Funds

A month ago, Eliot L. Spitzer, New York’s attorney general and the scourge of Wall Street, announced that his office had “obtained evidence of widespread illegal trading schemes that potentially cost mutual fund shareholders billions of dollars...

Baby Kim’s Ace in the Hole: Western Moralists

North Korea just announced it is using plutonium extracted from spent nuclear fuel rods to make atomic weapons. How could the United States let this happen? In 1994, when North Korea was on the brink of economic collapse, its new leader Kim Jong Il, following in his...

The Irony of California

The California recall election and its surrounding hoopla may have confirmed the suspicions of some people in other parts of the country that Californians are crazy. But not all Californians are crazy — just the most affluent and highly educated ones. Although...