Destroy the WorldCom Zombie Already

With phony profits now expected to top $9 billion, WorldCom, Inc, the Mississippi-based telecommunications company, has earned the distinction of committing the worst accounting fraud in American history. As a result, investors have marked down WorldCom’s stock...

Fatwa: Coming to a Country Near You

“There is no room for play in Islam… It is deadly serious about everything.” So declared Iran’s Supreme Leader, Ayatollah Khomeini, in 1980. Nine years later, Indian-born British author Salman Rushdie discovered the grim consequences of free...

Thanks a Lott

Of course it was an idiotic thing to say. And of course Senator Lott’s remarks have been taken out of context. Neither of these opposing viewpoints refer to the real issue. The real issue is power. Democrats who now condemn Senator Lott for his apparent racism...

The Innovator’s Decision

Tom Daschle tried to turn the election into a referendum on the economy, blasting the Bush administration for “the worst performance in terms of real economic growth that we have seen in the last 50 years.” However hyperbolic, he raised a paradox: If the...

Tonya Harding’s Army

Here is an interesting quote by U.S. District Judge J. Frederick Motz, the federal judge overseeing Sun Microsystems’ request for an injunction against Microsoft, “Capitalism is about making money, but it’s also about something else. It’s also...

Tax Credits for Health Care Coverage

It appears high on nearly every wish list President Bush has mentioned for the next Congress: health-care legislation. Why? Because lawmakers can’t wait much longer before they do something about the growing number of Americans who lack health insurance. The...