On Tuesday, the Economic Policy Institute (EPI), a left-leaning Washington think tank, published a full-page ad in The New York Times condemning the proposed Bush tax cuts. This pro-tax statement is signed by more than 400 economists, including 10 Nobel laureates --...
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
War and the Economy
What's worrying the stock market? War. Sure, investors are disappointed that corporate profits have not rebounded vigorously and that the economy grew, just 0.7 percent in the fourth quarter of last year. But those problems, too, are linked to the imminent conflict...
The Mystical, Magical “Economy”
Many speak of "the economy" as if it were some mystical god we exist to serve: Tax cuts for the rich won't help "the economy." Will that plan boost "the economy?" A nation's economy is not a cause but an effect: the effect of the productive activities of a multitude...
Money, Wealth, and the Corruption of Government
It was hardly the end of an era, but the opening of the 108th Congress on January 07, 2003, brought the curtain down on the short tenure of Minnesota Senator Dean Barkley, a longtime ally of now-former Governor Jesse Ventura who obtained his Senate post two months ago...
Investing in Utilities
If President Bush gets his way, investors will soon be receiving their dividends tax-free. You'd figure that one sector to benefit would be gas and electric utilities, which through the years have offered consistently high dividends. Right now, the average yield on...
Drexel University: A Modern Business?
Drexel University is very often accused by students and faculty of being "run like a business" while pointing to its shortcomings and ignorant "customer service" as proof of it. When one hears of so many bad experiences with the Drexel administration and considers the...
High Noon with Iraq
In his address before the United Nations Security Council, US Secretary of State Colin Powell made it absolutely clear: instead of dismantling its weapons of mass destruction in plain sight of the world, Iraq has engaged in a deliberate program of deceit and...
The United Nations Against Individual Rights
The American delegate put a brave face on it. "This is not a defeat for the United States," US Ambassador Kevin Moley said after Libya was elected to the chairmanship of the United Nations' highest human rights panel on Monday. "This is a defeat for the Human Rights...
Give Minority Youngsters a Lousy Education and Then Admit Them to College By Quotas
It has been said that, when Ronald Reagan was governor of California, someone told him that admitting students to the University of California on individual performance alone could mean that all the students at Berkeley might be Asian Americans. "So what?" was the...
The Unjust Discrimination of Central Planning
Johnnie Cochran's wife, Dale Mason Cochran, hit the jackpot as a member of a victim group in 1996, the year after O.J. was found not guilty of murder. Victimhood can be rewarding.Under a program designed to help companies owned by disadvantaged women or minorities,...
Martin Luther King’s Dream vs. Hillary Clinton’s Nightmare
Under the pretense of combating racism, “diversity” advocates such as Clinton actually champion its basis, racial collectivism, and destroy individualism, its only antidote.
Damaging Admissions: Increasing Faculty Diversity
Not the least of the damage done by affirmative action is damage to the English language. In addition to all the euphemisms concocted to evade the simple fact of racial quotas and double standards, there has long been a fog of obscure phrases shrouding the issues...
Mommy, There’s A Monster Under My Bed! (A Review of Global Warming and Other Eco-Myths)
Beginning with the publication of "Silent Spring", the environmental movement has become progressively disconnected from science and more rigidly defined by a utopian ideology. Based primarily on exaggerations, distortions, and a willful neglect of valid scientific...
Powell’s Paper Tiger Show
President Bush has kept his promise to dispatch Secretary of State Colin Powell to make the case against Iraq before the United Nations -- and, by doing so, he has totally capitulated to the whims of world opinion. The premise of Powell's speech is that America must...
The Crusading Lawyers
Lawyers are supposed to act as advocates, defending the individual rights of their clients before the law. In any controversy, be it civil or criminal, the case must revolve around the parties, not their counsel. Yet that is no longer a guiding principle for many...
What’s In a Name?
The name "Glassman" has been popping up a lot lately. And it's not just me and my family. In fact, with the exception of my brother, the illustrious Washington veterinarian, I am not related to any of the recently famous Glassmans, who include such notables as Cynthia...
The Spirit of the Space Shuttle Columbia: The Essence of the American Soul
The ground of east Texas trembled with the horror overhead. The shock waves spread as the worst fears were confirmed: space shuttle Columbia had turned from a high-precision machine into a lifeless meteor, its crew lost. Americans were hit with a degree of shock not...
The Age of Invisible Virtue
Historians have always been fascinated by the falls of great civilizations such as ancient Greece and Rome. But no fall contains more important lessons for mankind than the fall of the United States of America, which ended the Age of Invisible Virtue and plunged the...
The Other Lott Controversy
For those few of us in the mainstream media who openly support Second Amendment rights, research scholar John Lott has been -- or rather, had been -- an absolute godsend. Armed with top-notch credentials (including stints at Stanford, Rice, UCLA, Wharton, Cornell, the...
An Axis of Valor
Last week, the leaders of Britain, Spain, Italy, Portugal, Hungary, Poland, Denmark and the Czech Republic publicly declared their support for America against Iraq. Joining together in a letter published in the Wall Street Journal, The Times of London and other...
Greenspan Returns to “Barbarous Relic” Gold
Gold traded above $370 per ounce at the end of last month, for the first time in six years. Anxiety about war with Iraq has no doubt contributed to gold's surge -- but a look at history suggests that gold may be telling us as much about Alan Greenspan as it is about...
North Korea: Defending America’s Second Front
North Korea is a hold-over from the Cold War, and what is required to deal with them is old-fashioned Cold War brinksmanship.
State of the Union, Then and Now
While the nation's pundits are praising the President for his State of the Union speech, conservatives are falling all over themselves lauding Bush for explaining why the weakest state sponsor of terrorism -- Iraq -- ought to be attacked. Pundits, conservatives and...
Hail Columbia
On Saturday, February 1, 2003, Commander Rick Husband, pilot William "Willy" McCool, flight engineer Kalpana Chawla, mission specialist Michael Anderson, medical officer and flight surgeon Laurel Clark, mission specialist David Brown, and Israeli astronaut Ilan Ramon...
A War of Liberation is Always a Just War
America's foremost ally, Tony Blair's Britain, has asked the United States for more time to convince the members of the United Nations Security Council of the need for war against Iraq. Blair is worried because his supporters in the Labour Party do not support a war...
No Preschooler Left Behind
Thomas Watkins, Michigan's superintendent of public schools, is on a mission to expand his authority beyond the traditional K-12 boundaries. If given his way, every child in the state--practically from birth--would become the exclusive property of state authorities....
Journalists Helping Palestinian Terrorists?
IRVINE, CA--An alleged conspiracy between journalists and terrorists to promote the Palestinian cause should be thoroughly investigated, said Dr. Yaron Brook, executive director of the Ayn Rand Institute. The director of Israel's Government Press Office, Daniel...
Disarming a Country: The Parallels Between Hitler’s Germany and Hussein’s Iraq
History does not literally repeat itself, but sometimes it comes awfully close. Iraq is not the first dangerous dictatorship that international agreements tried to keep disarmed. Nor is it the first where that effort failed. Back in the 1930s, Germany's military...
‘Affirmative Casualties’ in War: Equal Death Among the Races! (Parody)
Editor's note: This is a parody, similar in style to the Onion.Rep. Charlie Rangel (D- NY) took his "fairness in the military" proposal a step further this month. The congressman is now calling for what he calls "affirmative casualties" in war, a move he says will...
Discriminating Against Achievement
This weekend, the Duke and University of Connecticut's women's basketball teams will square-off in a nationally televised #1-vs.-#2 contest. Coincidentally, this matchup comes the same week that a Bush administration advisory panel completes its recommendations for...
Bush’s Faith-Based Initiative Against Freedom
President Bush is very vocal about his religious beliefs; he likes to preach publicly about "the power of faith" and "the vital place of faith in the life of our nation." This does not bother most Americans, who believe that while the President personally wants to...
State of Bankruptcy in the People’s Republic of California
Webster's dictionary defines bankruptcy as a state of financial ruin-the inability to pay one's debts. That sure sounds like what is going on in California where Governor Gray Davis and the Democrats have saddled taxpayers with a massive 35 billion dollar...
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