POLITICS

The basic and crucial political issue of our age is: capitalism versus socialism, or freedom versus statism. For decades, this issue has been silenced, suppressed, evaded, and hidden under the foggy, undefined rubber-terms of “conservatism” and “liberalism” which had lost their original meaning and could be stretched to mean all things to all men. – AYN RAND

Trump’s Fantasy World

Producers are forced to trade on terms Trump dictates rather than terms of their own choosing.

John Kerry vs. The Swift Boat Veterans for Truth

John Kerry vs. The Swift Boat Veterans for Truth

“During the Vietnam War,” said former President Bill Clinton at the Democratic National Convention, “many young men — including the current president, the vice president and me — could have gone to Vietnam but didn’t. John Kerry...

Market Myth: Worst Economy Since The Great Depression?

To hear John Kerry tell it, America is mired today in the worst economy since the Great Depression. How dumb does he think voters are? We just set a record for yearly production: a GDP of nearly $12 trillion, or $120,000 per family. As for what really counts, personal...

The American Dream

Thank you. What a greeting! This is like winning an Oscar! …As if I would know! Speaking of acting, one of my movies was called “True Lies.” It’s what the Democrats should have called their convention. My fellow Americans, this is an amazing...

The Power of the Rich

The truly rich don’t deserve all the political hype we hear; they’re only a tiny percentage of our population and not that important. According to recent U.S. Treasury statistics, the top 1 percent of income earners have an adjusted gross income that...

The Culture: Productivity and Sacrifice

A businessman is a creator. They take the abstract theories of scientists and engineers and turn them into practical reality. They marshal the material, money and productive talent necessary to create a bounty unknown to any other period of history. Prior to the era...

Republican Health Care Contradictions

Republican Health Care Contradictions

At their National Convention, Republicans will complain of John Kerry’s habit of complicating complex issues with even more complex and mutually exclusive solutions. On the issue of health care, however, the Democratic Platform has clear and straight-forward...

Cheney vs. the Religious Right

Vice President Dick Cheney’s recent comments backing away from President Bush’s constitutional amendment banning gay marriage drew criticism from the conservative Family Research Council, with President Tony Perkins saying: “I find it hard to believe...

The Third Pillar of Olympism?

High on the list of all-time greatest spins is surely the United Nations Environment Program’s justification for spotlighting its agenda at the 2004 Olympic Games. “Respect for nature was a feature of ancient Greek civilization,” UNEP Executive...

Congress Must Get Us Out of UNESCO. Again!

The nation laid Ronald Reagan to rest with a massive outpouring of respect and affection for the accomplishments of this great man. One of his most important achievements was to get the United States out of the United Nations Economic, Scientific and Cultural...

censor speech

Kerry’s Demand for Censorship

John Kerry has gained control of the Bush campaign and has, psychologically and strategically if not yet literally, won the presidential election. While Kerry’s own party systematically decimates Bush’s competence and character for daring to actually use...

President Bush’s “Sensitive” War

President Bush, raising high his mantle of a resolute commander-in-chief, has lambasted John Kerry for promising to fight a “sensitive” war. But no one has asked: what are the facts? Is President Bush himself fighting anything other than a...

Veterans vs. Kerry on Vietnam: Part 3

Veterans vs. Kerry on Vietnam: Part 3

A President of the United States should know all sides of an issue. But he cannot be on all sides of an issue. He cannot keep flip-flopping like John Kerry. Despite attempts to depict criticisms of John Kerry by the Vietnam Veterans for Truth as something whose sudden...

The Appeasement Disease

President Bush’s foreign-policy critics at home and abroad share characteristics and visions that have previously led to worldwide chaos and untold loss of lives. These people believe that negotiation, appeasement and caving in to the demands of vicious...

Veterans vs. Kerry on Vietnam: Part 2 of 3

Veterans vs. Kerry on Vietnam: Part 2 of 3

In addition to two key books about John Kerry — Douglas Brinkley’s pro-Kerry book “Tour of Duty” and John O’Neill’s anti-Kerry book “Unfit for Command” — there is another book that would be well worth reading...

Veterans vs. Kerry on Vietnam: Part 1 of 3

Veterans vs. Kerry on Vietnam: Part 1 of 3

Senator John Kerry’s running mate, Senator John Edwards, has said melodramatically: “Ask the men who served with him in Vietnam!” But now that men who served with Kerry in Vietnam are coming forward and contradicting Kerry’s version of what...

Pessimism About the Economy

Democrats and their allies in the media have been giddy the latest jobs report. The New York Times said it showed that July “was a sputtering, tepid month” — a boon to Democrats. John Kerry said Friday’s report showed that instead of...

Letters to the Editor (August 2004)

Clarifying the Meaning of Initiation of Physical Force August 21, 2004 While I agree with the administration’s use of preemptive attacks against the Hussein regime, I note that Dr. Hurd’s endorsement occurs in an article linked to the Capitalism web site...

Hot, Bubbling Oil

Crude is quickly approaching $50 a barrel, leaving no doubt in my mind that oil is in a speculative bubble — very much like what happened to the NASDAQ in 1999 and 2000. Previoiusly I wrote about some of the forces behind the alarming price rise: increasing...

Two Versions of Vietnam

Two Versions of Vietnam

It is a painful reflection on the political atmosphere today that, in an era when nuclear devastation may strike American soil within our lifetime, courtesy of terrorists supplied with nuclear weapons by North Korea or Iran , we are arguing about what did or...

Drug War Crimes: The Consequences of Prohibition

Drug War Crimes: The Consequences of Prohibition

“In the United States, there are now more than 318,000 people behind bars for violations of drug prohibition, more than the number of persons incarcerated for all crimes in the United Kingdom, France, Germany, Italy and Spain combined,” writes Jeffrey A....

House of God, House of War

Picture this scenario: a group of heavily armed Roman Catholics, led by a priest, swarms into St. Joseph’s Cathedral in New York. They claim it as a military base. They fire grenades from its windows. They set explosive charges, in order to blow it up and blame...

War on Poverty Revisited

War on Poverty Revisited

August 20th marks the 40th anniversary of one of the major turning points in American social history. That was the date on which President Lyndon Johnson signed legislation creating his “War on Poverty” program in 1964. Never had there been such a...

Election 2004: Looking Ahead While Living Today

Q: Dr. Hurd, you sometimes imply that it would be worse to vote for John Kerry than for President Bush. But President Bush wants to push his religious agenda on the nation. Isn’t that worse than John Kerry? A: Bush’s religious agenda is bad indeed. I will...

Why Is There No Car Insurance Crisis?

Is there something special about health insurance that makes it crisis-prone? I mean, we never hear about the horrible “house insurance crisis” or the “spiraling cost of auto insurance.” It wouldn’t be too hard to create such a crisis...

United Nations Wages War on Capitalism

As if our nation’s free-market ideal isn’t damaged enough — witness, if you will, the generally lengthy permitting process for businesses and the prevalence of zoning laws, environmental mandates, eminent domain abuses and hefty tax burdens that...

Do We Want Socialized Medicine?

Problems with our health care system are leading some to fall prey to proposals calling for a nationalized single-payer health care system like Canada’s or Britain’s. There are a few things that we might take into consideration before falling for these...

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