Mr. President, Will Your Words Have Weight?

President Bush said in his press conference this week that “the fundamental question facing the Security Council is will its words mean anything; when the Security Council speaks, will the words have merit and weight?” That question, frankly, does not...

Innocents in War

If President Bush makes the solemn decision to go to war with Iraq, he must not shackle our nation–as he did in Afghanistan–with his own personal religious or altruistic notions. As President, he has no right to worry about civilian causalities in enemy...

Beyond Iraq: Growth Beyond the Risk of War

We may be facing an unusual moment in the history of market valuations in which both risk and expected returns are on the rise at the same time — and unfortunately, at the moment risk is winning. Clearly, fears of the domestic consequences of possible war with...

Polls, Palestinians and the Path to Peace

Why are Palestinians so angry at Israel? There are two possible reasons. Political: They accept the existence of a Jewish state but are angry with this or that Israeli policy. Rejectionist: They abominate the very existence of Israel and want to destroy it. Which is...

The Bull Case

Whether you look at it as a fundamental investor, a value investor or a technical investor, the market is getting ready to take a turn for the better. Let’s start with fundamentals. All the evidence shows that the economy is gradually improving —...

Putting a Terrorist’s Capture in Context

While one might have concluded that the weekend arrest of Sept. 11 attack coordinator Khalid Shaikh Mohammed was a fundamental blow to America’s enemies, such a conclusion would be a grievous mistake. Attorney General John Ashcroft, citing the capture, boldly...

“Diversity” For Thee, Not Me

My favorite salesman in my favorite camera store in Palo Alto, California, happened to mention that he lives in the town of Tracy. That is about an hour and a half drive to work in rush hour traffic. Why was this man spending three hours a day on the highway? Because...

Iraq: Waiting Game is a Fool’s Game

I have to strongly disagree with Mickey Kaus and Daniel Drezner — both have recently argued that it would be to President Bush’s realpolitikal advantage to delay the war against Iraq, and start it closer to the 2004 election. Kaus in Slate (2/28/2003) says...