The oh-so-smug and oh-so-glib media “experts” have ended up with egg on their face for the second time in a few weeks. First their “profiles” of the Beltway sniper turned out to be completely wrong — wrong car and wrong race, among other...
POLITICS
Bill Gates and Michael Milken: The War on Capitalism, Then and Now
It’s interesting to compare Bill Gates’ and Microsoft’s victory last Friday in obtaining a favorable settlement of their antrust case with another battle in the war on capitalism from ten years ago — one that turned out very, very differently....
The Election We Deserve
As of the writing of this column, it is mid-day on Nov. 5, and the exit polls have not even begun to predict how today’s elections will end. It might seem like a bad time to make predictions, given that this is considered one of the tightest congressional...
The Meaning of Microsoft’s Victory
On May 16, 1998, Bill Gates walked away from negotiations with the US Department of Justice’s Antitrust Division and the attorneys general of 20 states to prevent the threatened filing of a sweeping antitrust suit against Microsoft. Gates had offered many...
The Stockholm Syndrome at the Wall Street Journal?
The markets, big business and Wall Street have been held hostage by politicians and regulators for so long that the hostages are starting to identify with their kidnappers. How else can you explain the October 30th Wall Street Journal front pager, breathlessly...
If You Want Growth You Need Technology
Stocks are first and foremost growth instruments — a bet on the potential upside. But the best thing I can say for the stock market right now is that it’s deeply undervalued. That has been reason enough for me to tell clients over the past several months...
Getting Things Wrong: Former Vice President Walter Mondale’s Experience
Former Vice President Walter Mondale made much of his “experience” during his televised debate with his rival for the Senate seat of the late Paul Wellstone, Republican Norm Coleman. The real question, however, is not just what quantity of experience each...
The Stockholm Syndrome at the Wall Street Journal?
The markets, big business and Wall Street have been held hostage by politicians and regulators for so long that the hostages are starting to identify with their kidnappers. How else can you explain the October 30th Wall Street Journal front pager, breathlessly...
Senator Paul Wellstone: A Soul in Need of Overhaul
“He represented the regular people. He didn’t represent the high and the mighty.” So says a Minnesota resident while mourning the death of Senator Paul Wellstone. It’s an interesting distinction: regular versus mighty. “Regular”...
John Allen Muhammad: Convert to Violence?
It came as no surprise to learn that the lead suspect as the Washington, D.C.,–area sniper is John Allen Muhammad, a Black-American who converted to Islam about 17 years ago. Nor that seven years ago he provided security for Louis Farrakhan’s...
The Rational Basis of Sex: Sexual Choices and Preferences (Part 3 of 4)
Your sexual choice reveals a lot about who you are and what you think of yourself. Some people shoot for a partner lower than themselves. For example, a intelligent guy may feel that he’s only able to hold some “dumb broad” he picks up at a bar. He...
If State Government Doesn’t Do It, Who Will?
Question 1 on the Massachusetts ballot would abolish the state income tax. If enacted it will eliminate as much as $9 billion in government revenue and force a radical downsizing of the state’s budget and operations. That is exactly the purpose for which its...
Playing UN “Survivor”
If surviving in the world most fundamentally involves producing the values from nature that are needed to sustain human life, then the hit CBS series, Survivor, hardly lives up to its name. In the current season debut, one exceptional team member, John, found the...
End the Massachusetts State Income Tax
This month, American voters will head to the polls for midterm elections. Though the names on the ballots have changed since the last election, proponents of limited, accountable government will again be forced to choose between the same contenders: Candidate No Way...
Disgruntled Conservatives
“A Record Year for Academic Pork,” said the headline on the front page of The Chronicle of Higher Education, the leading trade publication of the academic world. Whether representatives of farmers, corporate welfare recipients, and other beneficiaries of...
Random Thoughts October 2002
Random thoughts on the passing scene: People who cannot be bothered to learn both sides of the issues should not bother to vote. Considering that we all enter the world the same way and leave in the same condition, we spend an awful lot of time in between trying to...
John Allen Muhammad: Hating America
When a Ukrainian immigrant murdered Ennis Cosby, the son of Bill and Camille Cosby, Ms. Cosby blamed America. She wrote, “I believe America taught our son’s killer to hate African-Americans.” Reeling from the pain of her loss, Cosby’s...
The Snipers: Crazy or Jihadis?
‘Why now? Why? Why? Why? Why? That’s the question I think everyone is asking.” So agonized the half-brother of Lee Malvo, the alleged 17-year-old sniper, baffled by the causes behind the Washington, D.C.-area shooting spree that left 10 people dead....
The Rush From Judgment
Like many people, it crossed my mind early in the Beltway Sniper case that this might be a terrorist attack. I reserved judgment, realizing — unlike the armchair experts who flocked to fill airtime on cable news channels — that I did not know all of the...
In That Voting Booth
One of the most common laments in letters from readers is a sense of helplessness to do anything about the negative trends in politics and society. Yet the people who make those laments have the ultimate power in the most powerful nation on earth. All they have to do...
The Investing Enigma
Investing is the most supremely arrogant thing that you can do. In effect, whenever you buy or sell an individual stock — or even if you trade an index fund with the intention of timing the market — you’re placing your judgment ahead of the judgment...
God Bless Our Assassins, Commandos and Bombs
In the past few weeks radical Muslims have attacked again, including a bombing of a French ship, a bombing that killed hundreds–mostly Australians–in Indonesia, bombings in the Philippines, and possibly a bombing of a Moscow McDonald’s restaurant....
Rights vs. Wishes
We hear so much about “rights” — a right to this and a right to that. People say they have a right to decent housing, a right to adequate health care, food and a decent job, and more recently, senior citizens have a right to prescription drugs. In a...
Cognitive Child Abuse in Our Math Classrooms
The test results are in: America’s children are flunking math. In 1996 American high school seniors finished close to the bottom on an international mathematics test. At the end of last year, American eighth-graders ranked below those of Malaysia, Bulgaria, and...
Explaining to the Grandkids
Those of us who are optimists believe that someday sanity will return to our society. Our media, our officials — perhaps even our schools and colleges — will begin to talk sense. Those of you who are young may live to see it. But there is a downside to...
Good Advertising is Salesmanship
Let us emphasize that point. The only purpose of advertising is to make sales. It is profitable or unprofitable according to its actual sales. It is not for general effect. It is not to keep your name before the people. It is not primarily to aid your other salesmen....
Boring Sportscasters: Fans Want to Watch Sports, Not Hollywood Gimmicks
There are people who find sports exciting and people who find sports boring. Unfortunately, the latter seem to be the ones in charge of baseball telecasts. And they seem to be trying to make those telecasts boring for the rest of us. Somehow the people who televise...
Personal Health and Safety: Whose Business Is It?
My health and other aspects of my well-being are the business of whom? You say, “What’s it now, Williams?” I’m simply asking whose business is it if I don’t adequately plan for retirement or save money for my child’s education? If I...
Hate is not a Crime
Last month, the Canadian government detained several newsletters from the Ayn Rand Institute (ARI) defending “Israel’s moral right to exist” out of concern that “they may constitute obscenity or hate propaganda.” Although the government...
More Gun Control, Please!
Gun-control proponents, predictably, in the wake of the Beltway sniper, urge still more gun-control laws. So, as news watchers sit through another round of softball interviews with gun-control advocates, we humbly offer Second Amendment-challenged hosts some...
High Stakes Elections and Voter Turnout
During election years, people in the media seem to be forever lamenting the fact that millions of Americans who are eligible to vote do not in fact go to the polls. When speculating as to why those people don’t vote, the media often assume that there is...
The Foreign Policy of George Bush: A Grand Illusion
Somewhere, there is a warlike American administration obsessed with smashing an Axis of Evil, an administration itching to blow away any regime tainted by terrorism and willing to lash out preemptively and unilaterally, invading and occupying any country that resists....
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