I’ve been a vigorous defender of the investment-banking and mutual fund industries against over-reaching shakedowns by regulatory vigilante Eliot Spitzer. But now, in at attempt to deflect attention from the scandals raised by Spitzer, the funds business has...
POLITICS
Greed Makes the World Go Round
“Most of the harm in the world is done by good people, and not by accident, lapse or omission.” — Isabel Paterson, “The God of the Machine” Now that we’re in the thick of the holiday season, we’re again being warned to be wary...
Give Me Liberty or Give Me Seatbelt Laws?
Nationally, Police agencies are stepping up enforcement of seatbelt laws, and in the case of Nevada this means that if you’re pulled over for something (you can’t be pulled over for not having a seatbelt on) and aren’t wearing your seatbelt you will...
Thoughts on the ‘Dismal’ Science
In a hugely complex world, there is no way for the average person — or any person, for that matter — to be knowledgeable about even half the things that affect their lives. Most of us are necessarily ignorant of many fields, from botany to brain surgery....
Christmas Encounter with a ‘Radical Socialist’
Moonie, my neighbor’s cat, sits predictably outside my front door every morning at 7 a.m. Moonie expects breakfast, and if unhappy with that day’s selection — fish, chicken, beef — Moonie sniffs indignantly and walks over to the front door and...
It’s a Commercial Life
If the products and effects of commercialism suddenly vanished, people would find themselves sitting on the cold ground naked, wondering where everything went.
Obscene Non-Profits
Those who rail against profits and “greed” seldom stop to think through what they are saying, much less go check the facts. Most of the great American fortunes– Rockefeller, Ford, Carnegie, etc. — came from finding more efficient ways to...
‘Obscene’ Profits
Profits are certainly without honor among the intelligentsia. The very word produces negative reactions, even from people who cannot give you a single reason why money carrying that label is worse than money called by other names. Many professional athletes and...
The Road to Wealth
Why are we a rich nation? It’s tempting to suggest our wealth is a result of bountiful natural resources. However, if bountiful resources were the source of wealth, South America and Africa would be rich instead of being mired in poverty. Hong Kong, Japan and...
A Tale of Two Crypts
The discovery of Saddam Hussein in a crypt-like hole, hidden by bricks and dirt, in a farmhouse in a small town near Tikrit brings to mind the story of another Iraqi who also hid from the authorities by literally going underground. That Iraqi is Jawad Amir Sayyid, 45,...
Ban Internet Taxes? The Taxman Clicketh
One of Feulner’s Laws of Public Policy reads: “There are no permanent victories in Washington.” These days, we’re seeing that law borne out over Internet taxation. This looked settled years ago. Congress has voted twice–in 1998 and...
The “Fun-Loving” Terrorist Who Was Good to His Mother
The news last month that police had arrested Sajid Badat at his home in Gloucester, England, shook many Britons. The charges against him concerned his training with al-Qaida in Afghanistan and his possessing PETN explosives, the same substance would-be shoe bomber...
A New Prescription For Cutting Costs
The solution to the high cost of prescription drugs, we are told by Democrats and Republicans alike, is more government intervention. Well, if we’re going to use government muscle to lower our medical expenses, why not go all the way? Thus my proposal: Outlaw...
Radical U.N. Tax Plans Threaten America
Many politicians seem to think that the answer to every alleged problem is higher taxes. Howard Dean, for instance, has said he would repeal the Bush tax cuts — even though this would boost the average family’s tax burden by nearly $2,000. This initiative...
Killing Arafat
After years of duplicitous dealing and overt support of terrorism the Israelis finally started talking about removing Arafat from the Middle East peace process, killing him if necessary. They have removed the killing option some months ago, but the fact that the...
A Giant Step to Improving “Social Security”
Last April, I had the opportunity to sit across a table from President Bush and discuss his plans for the economy. I asked him what his most important policy priorities were, and he gave me a refreshingly simple and direct answer: “In the first term we’re...
Saddam Husseim — Man in a Hole!
Talk about going down in a blaze of glory. Despite Saddam Hussein’s stated intention to resist the U.S.-led coalition, the U.S. Army 4th Infantry Division found him in a 6-foot by 8-foot “spider hole” just large enough for a man to lie down, 10 miles...
The U.S. Supreme Court Against the Constitution
Lawlessness usually conjures up images of a wild frontier or mobs in the streets. But the painful reality is that the supreme examples of lawlessness in our times are in the august and sedate chambers of the Supreme Court of the United States . If you think the issue...
Campaign-Finance Reform Attacks Victims of Government Corruption
In upholding the major provisions of the McCain-Feingold campaign finance law, the Supreme Court has openly declared that it is legitimate to curtail freedom of speech “marginally” in order to fight government corruption. But the sad reality is that the...
America Has Grounded the Wright Brothers
On December 17, 1903, the Wright brothers launched their fragile first plane, catapulting us into the Century of Flight. Starting with a linen-and-fabric machine barely controllable aloft, aviation’s giants have given us routine jet travel as an everyday...
The Twisting of History for Ideological Purposes in America’s Classrooms
One of the reasons our children do not measure up academically to children in other countries is that so much time is spent in American classrooms twisting our history for ideological purposes. “How would you feel if you were a Native American who saw the...
George W. Bush’s Unprincipled Foreign Policy Against Taiwan
In yet another presidential disappointment, FoxNews reported that Bush Opposes Taiwan Independence. “We oppose any unilateral decision by either China or Taiwan to change the status quo,” Bush told reporters, “and the comments and actions made by the...
What Should Be Done With Saddam Hussein?
The capture of Saddam Hussein is good news to virtually everyone, except those who have been looking for a quagmire in Iraq from day one. Back when the war was just getting under way last spring, a dust storm that temporarily stopped the American troops advancing...
The Racism of “Diversity”
Texas A&M president Robert Gates should be praised for announcing that race will no longer be a factor when applications are considered, and that students “should be admitted as individuals, on personal merit–and no other basis.” What is needed...
Paying for Someone Else’s Free Lunch in Nevada
With a near one billion dollar tax increase now coming into effect, the businessmen of the state of Neveda are now computing what they will have to pay to the state for nothing other than making money. One of these businessmen is my dad, and it is to him and all the...
The U.N.’s Distortion of Rights
In 1948, while America had just defeated one brutal dictatorship (Nazi Germany), another (the Soviet Union) was in the process of enslaving half of Europe. Never was the concept of rights more in need of a definitive statement and defense. Tragically, the Universal...
Vote Democrat?
From The Wall Street Journal: “Republicans are bragging that by giving seniors a vast new entitlement they will sweep to victory in 2004. But the price of that “victory” has those of us who believe in limited government wondering what difference...
Justice for Serial Killer Gary Ridgway Means Death
Gary Ridgway has pled guilty to the murder of forty-eight women, making him the worst serial killer in American history. His expected punishment? Life in prison without the possibility of parole. What kind of justice is this? What is the point of the State of...
Thomas Sowell’s Christmas Book Recommendations
When the joy of Christmas starts turning to the desperation of trying to find the right gift, that is the time to turn to that old standby — books. You don’t have to know someone’s measurements to buy a book, nor does it have to match their current...
The Right To Have Your Life Supported By Someone Else
Q: I think Every US citizen is entitled to inexpensive and affordable health care, including preventive care. Dental care should be considered preventive care, too. Show me a Republican who cares that my sister lost a tooth because she lost her job. A: First of all,...
Shrillary from Hillary: Mrs. Clinton Accuses Bush of Undoing the New Deal
“There you go again,” said Ronald Reagan, during his 1980 debate against Jimmy Carter. His simple, gentle jab at his opponent for misstating the Reagan record brought down the house. Well, there goes Sen. Hillary Rodham Clinton, D-N.Y., again. She accuses...
The Wright Stuff
One of the greatest inventions of the 20th century — indeed, one of the landmark inventions in the history of the human race — was the work of a couple of young men who had never gone to college and were just a couple of bicycle mechanics in Dayton, Ohio....
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