POLITICS

End States Who Sponsor Terrorism

Fifty years of increasing American appeasement in the Mideast have led to fifty years of increasing contempt in the Muslim world for the U.S. The climax was September 11, 2001.

The Foreign Policy of Doing Business With Criminals

Eight years ago, a particularly stupid U.S. Administration at a particularly stupid juncture in American history offered Communist North Korea a deal: if you don’t develop nuclear weapons, we’ll give you free American oil — at U.S. taxpayer expense....

Americans with Disabilities Act vs. The Internet

Americans with Disabilities Act vs. The Internet

Common sense may seem in short supply in today’s litigation-happy world, but it got a boost recently from — of all places — Florida, where a federal judge tossed out a lawsuit claiming that Southwest Airlines’ Web site violated the Americans...

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...

Mutual Fund Failure

Despite the miserable performance of the stock market in recent years, the number of Americans owning mutual funds continues to rise. At last report, 48 million families owned stock funds. That’s roughly half of all U.S. households – up from only about...

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...

Cramer vs. Cramer: Another Day, Another Fantasy

If you’re a financial media pundit, you live every day with a fundamental challenge with respect to accountability and intellectual honesty. As your forecasts, opinions and views accumulate over the years, how do you reconcile what you are saying today (or...

The Case for Invading Iraq

With each passing day the United States comes ever closer to launching a new war against Iraq. And yet, before it has even begun, thousands of people are already marching in the streets demanding that our government not take any forceful action against Saddam’s...

Sowell’s Christmas Book Recommendations

Sowell’s Christmas Book Recommendations

Some years, it is hard to find enough good new books to recommend to buy as Christmas presents, so I have had to recommend old favorites like The Federalist Papers or recommend gift subscriptions to magazines like The Economist . This year, however, there have been so...

Senator Trent Lott’s Tin Ear and Loose Tongue

Senator Trent Lott’s Tin Ear and Loose Tongue

Anybody can put his foot in his mouth but making it a habit is too much, especially when you are in a position where your ill-considered words can become a permanent albatross around the necks of other people whom you are leading. That is the situation now, in the...

The Implosion of the Republican Party

It’s been nearly a week since Trent Lott got all misty for Strom Thurmond’s 1948 segregationist campaign for president, and yet not one of his peers in the Senate has called for his ouster as Majority leader. Not one Senator has demanded the Senate censure...

The Pseudo-Science of Rubinomics

What is “economic analysis” when it comes from a newspaper? It’s usually just like Daniel Altman’s “Economic Analysis” column in the New York Times this morning: a montage of sound-bites from “experts” (or, if not...

Hope for Iran

Americans who care about Iran had something to be grateful for this Thanksgiving: The State Department finally came out foursquare in support of the hundreds of thousands of Iranians who have been demonstrating for an end to their country’s ruthless Islamic...

Venezuela’s Lonely Rebellion

Rebelling against tyranny is a lonely business these days. If the brave citizens of an oppressed country dare to resist evil, they can expect the rest of the supposedly civilized world to react with hostility or indifference. That’s the case right now in...

Majority Leader Lott Must Go

On Thursday, December 5, 2002, Republican Senate Majority Leader Trent Lott said: “When Strom Thurmond ran for president, we voted for him. We’re proud of it. And if the rest of the country had followed our lead, we wouldn’t have had all these...

A Choice Future for Students

The big winners on Election Day weren’t politicians. They were students. That’s because many of the politicians who won — Gov. Jeb Bush of Florida and Senator-elect James Talent of Missouri, to name just two — are vocal supporters of school...

Peaceniks: Warmongers for America’s Enemies

There is an increasingly vocal movement that seeks to engage America in ever longer, wider, and more costly wars–leading to thousands and perhaps millions of unnecessary deaths. This movement calls itself the “anti-war” movement. Across America and...

Capitalism is the Best Medicine

Capitalism is the Best Medicine

This past campaign season, Democrats such as Missouri’s Jean Carnahan ran spots bashing pharmaceutical companies for advertising prescription drugs and “passing the cost on to seniors.” While this argument wasn’t the shot in the arm Democrats...

Democrats: Still in the Dark

Democrats: Still in the Dark

Last month, we saw how the American people reacted to George W. Bush’s first two years in the White House. “Republicans defied history by expanding their House majority in yesterday’s midterm elections,” reported The Washington Post on the...

Government for Sale…to Saudi Arabia?

Bush administration officials and leading U.S. senators responded very differently to the news that Princess Haifa al-Faisal, wife of the Saudi Arabian ambassador to the United States, had given many thousands of dollars to a person connected to two of the 9/11...

The Republican Daddy State

Government-financed terrorism insurance? Republicans hope it will ‘stimulate’ the economy. It just might, short-term — but at the expense of making individuals ever-more dependent on government handouts; and at the expense of reinforcing the false...

The Islam Twist

“Suicide bombers twist true Islam.” So goes Muslim apologists’ standard song and dance. Well, let’s test their theory out with a little dance of our own, one I call the “Islam Twist.” Here’s how it’s done. First we...

The Corruption of the Concept Sovereignty

No more corrupt yet popular reason exists for opposing military strikes against Islamic terrorist states out to destroy America. The reasoning goes like this: these states are “sovereign” and thereby immune from preemptive attacks. “We are really...

Race to Judgment

Some call it a necessary step to heal long-standing racial inequality. Others call it a system of racial discrimination no better than apartheid in South Africa. It’s affirmative action on campus — and thanks to the Supreme Court, the controversial...

Tax Holidays

You know that when politicians start talking “tax holidays” and “temporary tax cuts” that something’s amiss. For years, conservatives have argued that tax cuts (especially across- the-board tax cuts which lower the marginal rate and the...

Merck and Pfizer: Time for a Drug Binge?

In turbulent times, tastes typically turn to the tried and true. For instance, investors usually flee volatile stocks in favor of shares in the big drug companies, which keep churning out good profits, whatever the economic conditions. After all, people get sick...

Campus Diversity Fraud

Anyone familiar with the argot of modern identity politics should be able to fill the blanks in this quotation from the student newspaper at Amherst College. The speaker is explaining why the minority group he belongs to should be granted its own...

The Uncertainty Principle

“There remains an illusion among investors, especially professional money managers and analysts, that with enough digging and number-crunching, uncertainty can be conquered.” Unfortunately, it can’t. That’s the thrust of one of the best essays...

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