A No-Account Debate

“Grandma Doesn’t Scare Anymore,” reads the headline of a post-election Wall Street Journal editorial noting the success of candidates who back Social Security reform. Seniors are “willing to listen to politicians who tell them the truth about...

Random Thoughts for December 2002

Random thoughts on the passing scene: It is a little much when people come to this country preaching hatred against others and demanding tolerance for themselves. Thanksgiving may be our most old-fashioned holiday. Gratitude itself seems out of date at a time when so...

Racism in Congress: The Black Caucus

In expressing “outrage” over Senator Trent Lott’s praise of Strom Thurmond and his segregationist vision, the Congressional Black Caucus was calling the kettle black. Every member of the “Black Caucus” should follow Lott’s lead and...

Invest in the Market for the Long Run

My favorite curmudgeon, the Scrooge of Stocks, is a former National Geographic photographer named Charles Allmon. He lives in Potomac, manages about $100 million for clients, and is the founder and editor of Growth Stock Outlook, now in its 38th year. When I first met...

Faith is Not Enough

Senator Santorum last Sunday assured us that Senator Lott could not be a racist, as he is a man of deep faith and has had many prayer breakfasts with Senator Santorum. Again and again, we are told that someone who is deeply religious cannot be a bad person, and that a...

Snow Job in the Iraqi Desert

That’s it. The dog ate Saddam Hussein’s homework. Just as no self-respecting teacher would accept this lamest of excuses, so the U.N. Security Council surely will not accept the pathetic explanations that are being served up by Iraq’s representatives...

PBS, Recruiting for Islam

What would be the best way to convert lots of Americans to Islam? Forget print, go to film. Put together a handsome documentary with an original musical score that presents Islam’s prophet Muhammad in the most glowing manner, indeed, as a model of perfection....

Lott’s Resignation: Now the Real Work Begins

According to the Associated Press, “A beleaguered Trent Lott stepped aside Friday as Senate Republican leader two weeks after igniting a political firestorm with racially charged remarks, and Tennessee’s Bill Frist prepared to inherit the job when the GOP...

Ten Stock-ing Stuffers

In January 1995, I started offering readers a list of 10 stocks to consider for the year ahead, making my selections from the choices of market pros whose opinions I value. In five years of this exercise, my lists returned an annual average of 24 percent, compared...