Angelo Marinda was a cute little baby but he never lived to see his first birthday because he was another victim of a widespread pretense of knowledge that has produced many tragedies. Twelve days after he was born last April, little Angelo was in a hospital being...
POLITICS
North Korea: True Concessions for Real Disarmament
The objective of US policy must be the destruction of the nuclear capability of the North.
Guns: A Loaded Argument
The language of the Second Amendment seems straightforward: “A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.” Yet the debate rages on: Does each American...
Reform the Pennsylvania Medical System By Upholding the Rights of Medical Providers
An acute disruption in vital health care services in Pennsylvania may have been prevented for now by Gov.-elect Ed Rendell’s and Gov. Mark Schweiker’s “stop-gap” economic intervention. However, the recent threats issued to all the state’s...
End the Double Taxation of Dividends
President Bush’s critics reacted in predictably uniform fashion to his latest economic proposal: Playing the class-warfare card. Good luck making that charge stick. America isn’t France. The politics of hate-and-envy doesn’t resonate here like it...
PC Migration Tools: A Bad Idea
In chapter 4 of my book, PC Fear Factor , I provide a step-by-step process for transitioning from your old computer to a new computer. The process includes all of the steps required to migrate your data from your old machine to your new, and how to install all of your...
The Iraq Charade
The headline of an Associated Press report from Tuesday declares, “Gaps Appear to Widen over Iraq within UN Security Council.” The wording is, perhaps unintentionally, precise: the gaps only appear to be widening. The report informs us — to no...
The Truly Dismal Science
In science, you start with a hypothesis. Then you conduct an experiment to see if your hypothesis is true. If the experiment proves the hypothesis wrong, you throw it out and come up with a new hypothesis based on what you’ve learned. I guess economics must not...
Europe vs. America
Things looked so clear in the immediate aftermath of 9/11, when the forces of civilization stood on one side and the barbarians on the other. The very evening after the attack, President Bush announced that “America and our friends and allies join with all those...
Marxist Molly Ivins Flunks Economics
Upset with President Bush’s tax cut plan, columnist Molly Ivins warns that America’s more well-to-do taxpayers might go out and doing something unproductive if the government seizes a smaller portion of their incomes. “There’s no...
Learn to Earn: Investment Newsletters and Investment Books
For the past 20 years, a newsletter based in Annandale, Virginia called the Hulbert Financial Digest (866-428-6568) has been keeping track of the performance of other newsletters. Of the original ones it monitored, only 17 remain, and, at last count, the model stock...
Dogs of the Dow
When I heard that President Bush was proposing to eliminate the double taxation of dividends, I immediately exclaimed, “Arf!” I was thinking of the Dogs of the Dow, those high-yielding blue chips that gained notoriety nearly a decade ago. If it becomes...
An Idea Not Worth Drafting: Conscription is Slavery
Since the attacks on 9-11, the issue of the draft has sat simmering on the backburner of American politics with intermittent bouts on the front pages of political news. Its latest proponent is Congressman Charles Rangel, a left-darling from New York, whose entire...
The “Diversity” Fig Leaf
As a justification for racial preferences, “diversity” is one of the great fig leaves of modern American academia. It first appeared in 1978 — well after affirmative action had degenerated into the practice of admitting students on the basis of...
Clinton-Era IRS Regulation Threatens Economy and Financial Markets
Three days before President Bill Clinton left office, the Internal Revenue Service (IRS) proposed a regulation (No. 126100-00) that would have forced American banks to report the interest they pay on the deposits of nonresident aliens. The IRS openly admitted that the...
A Capital Connection: Deemed Dividend Reinvestment Plans
I haven’t been much of a fan of the proposal to eliminate taxes on dividend income. But a new wrinkle in the Bush administration’s tax plan is making a believer out of me. What our growth-challenged economy needs most right now is a cut in capital-gains...
New York Times Co. Condones Theft
Last December The Center for the Advancement of Capitalism (CAC) issued a report addressing the continuing controversy between the National Council of Women’s Organizations and the Augusta National Golf Club. CAC’s report was not meant to assess...
Israeli Restraint Empowers Terrorists
Even by the grim standards of recent years, the suicide bombings in Tel Aviv last week were horrific. The terrorists, members of the Al-Aqsa Martyr’s Brigade (a wing of Yasser Arafat’s Fatah organization), positioned themselves at opposite ends of a busy...
Bush’s Economic Recovery Plan
President Bush announced an economic recovery plan built on tax cuts. A Democratic president, John F. Kennedy, also faced with national security threats and a big stock-market decline, came to the same conclusion. On Dec. 14, 1962, JFK urged Congress to ”reduce...
McDonalds Made Me Fat!
Aside from the Democrats predictably complaining that President Bush’s tax cut proposal is too pro-rich, the big economic news is that doctors are on strike and McDonald’s isn’t making a dime. It probably doesn’t matter much to Gregory Rhymes...
Who Needs the French, Anyway?
American foreign policy. Ponder the words involved in this term. It doesn’t say “American foreign policy as approved by the world,” nor does it say “American foreign policy as approved by Mr. Chirac.” Yet we are hearing, from all...
Venezuela’s Tyrant Hugo Chavez Must Go
As the general strike against the leftist regime of Hugo Chavez grinds Venezuela’s economy to a standstill, American policymakers worry about disruption of oil shipments from the fourth-largest U.S. supplier and further instability. For the Bush administration...
The Racism of “Diversity”
President Bush faces an ideal opportunity to take a principled position on the issue of racial “diversity.” As his administration ponders whether to support the legal challenge, now before the Supreme Court, to the University of Michigan’s...
George W. Bush Hugged the Third Rail
The shake-up of the Bush economic team has been the occasion for a lot of criticism of the administration’s domestic leadership. Indeed, I’ve been one of the harshest critics. Yet I think the Bush administration has done one thing very, very right when it...
Atlas Shrugs in Venezuela
A recent news article described the nationwide strike in Venezuela, in protest against the nascent dictatorship of Hugo Chavez, as seeming “like something from fiction.” Well, yes, it seems very similar to one work of fiction in particular: Ayn...
Forced Volunteerism is an Oxymoron
Last month the Palm Beach County School Board was once again considering mandatory volunteerism as a requirement for graduation from high school. Does no one on the Board understand that forced volunteerism is an oxymoron, a contradiction in terms? Does no one on the...
Economics vs. Politics
The familiar chorus of “tax cuts for the rich” has begun to ring out across the political landscape, in the wake of President Bush’s proposals to boost the economy. The time is long overdue to expose some of the fallacies folded up inside that...
To End the [Palestinian] Violence
The Palestinian campaign of terrorism rolls on, with 22 people murdered in Tel Aviv earlier this month. And even without counting minor incidents involving rocks and firebombs, the Palestinians average more than 10 attacks on Israelis every day. Which makes this a...
The Hate America Reflex
It wouldn’t be a war without a barrage of stones coming at America from the Left. In the December 2002 issue of Z Magazine, self-described as a place where “The Spirit of Resistance Lives,” i.e., chiefly a resistance to capitalism, patriotism and...
Standing Up to Racism
The Bush administration is currently debating whether to file briefs in a pair of affirmative action cases now before the Supreme Court. The cases, arising from admissions policies at the University of Michigan, involve that school’s explicit use of race in...
North Korea Must Dismantle Its Nuclear Facilities
On the contrary, North Korea demonstrates the value of preemption–it demonstrates why other hostile regimes must be preempted before they acquire the capability to deter the United States.
Is John Galt Venezuelan?
On January 1 Venezuela entered into its second month of a national work stoppage. Close to 90 percent of the working population refuses to participate as producers in an economy that supports the regime of Lieutenant Col. Hugo Chavez. In a disorganized and chaotic...
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