POLITICS

Profit-Driven Healthcare Hasn’t Failed Patients, But Regulation-Driven Healthcare Has

Government intervention and regulation in the market, determines how profits are made in US healthcare, turning the profit-motive against patients. 

The Psychology of Anger and Revenge

Q:I have a friend, Mary, who was nearly sexually molested by a 30-year-old adult when she was about 15 years old (she convinced him to stop). She never told anyone about it until she shared her secret with me about 6 months ago. Mary is now 35 years old. The accused...

The President’s Economic Summit: Talk vs. Ideas

No bold new ideas have been heard so far, or are likely to be heard, at the president’s “economic summit” today in Texas. Bold new ideas, it is becoming increasingly obvious, are not Bush’s style. In place of new ideas, the summit offers a lot...

What or Who is the Market?

Every day, we hear something about markets. Your 6 o’clock news anchor might say, “The market had a bad day.” Last year, Federal Reserve Bank Chairman Alan Greenspan talked about the market’s irrational exuberance. I guess now he’d say...

Red Tiger Rising

Washington cocktail-party conversations about China typically go something like this: A person from the China-as-a-peer-competitor school of thought says “I think China, with its growing economy, growing military, and young, nationalistic population, will only...

Bad Medicine

Bad Medicine

The one monumental fact that is being ignored in all the political schemes to bring down the cost of pharmaceutical drugs is that it costs hundreds of millions of dollars to develop one successful new medicine. No matter how cleverly the politicians try to shift those...

Guidelines for Investing

If you are having a tough time deciding whether to dump a stock you own, don’t despair. You aren’t alone. In investing, nothing is harder. Nothing. Some people offer a simple formula — such as, always sell a stock if it has dropped 20 percent or if...

PBS: The Impracticality of Theft

According to Fox News: “Critics say that PBS has compromised its mission over the last 30 years, squandering taxpayer dollars with little thought to viewer accountability and becoming slaves to corporate underwriters and political correctness. And while some...

An “Unselfish Love”

Q: If a man tells a woman that he loves her but then is always concerned about other people’s feelings and not about hers, does he really love her? For example: He lives far away from his girlfriend. He has only two days to spend with her, when visiting, but he...

Patriotism and Tax Havens

Patriotism and Tax Havens

What defines a patriot these days? Is it one’s dedication to the principles of freedom, or is is it one’s willingness to place their life second to the needs of the state. These days, it looks a lot like the latter is the common view. Take for example, the...

The Friends of James Ujaama

Just when you think you know somebody, he goes and gets himself detained by the FBI for questioning in connection with alleged ties to the terrorist network of Osama bin Laden. So, whom do you stand by: your country or an individual who you’ve known all your...

The Anti-Capitalist Offensive

At the same time that John Walker Lindh is allowed to cop a plea, getting who knows how few years in prison, the media and a segment of the public are demanding to get the heads on a platter (the phrase actually used) of a number of CEOs of business firms who have yet...

Put Dow Doubts to Rest

When our book, “Dow 36,000,” was published in September 1999, the Dow Jones Industrial Average stood at 10318. The Dow closed in the middle of last week at 8736. What went wrong? Actually, nothing. Despite its flamboyant title, “Dow 36,000” was...

The Fast Food Three vs. The Whopper

The Fast Food Three vs. The Whopper

Stop me before I eat again! This explains a recently filed lawsuit against four fast-food restaurant chains: McDonald’s, Burger King, Wendy’s and KFC Corporation. A lawyer, seeking to eventually file a class-action lawsuit, found three plaintiffs who claim...

Blame Congress for America’s Tax System

Does the IRS always merit the harsh criticism it receives? No. Politicians deserve much of the blame for the way our tax system operates. Take, for instance, the Earned Income Tax Credit. It was Congress that created the EITC-essentially an income-redistribution...

What’s Good for Tom Daschle…

Senate Majority Leader Tom Daschle has seen the light. People — specifically, people who live and vote in his home state of South Dakota — must come before plant life. This sudden insight was illuminated by the glare of 50,000 forest fires, which have...

The Threat Of The Paternalistic State

A precondition of freedom is the recognition of the individual’s capacity to make decisions for himself. If man were viewed as congenitally incapable of making rational choices, there would be no basis for the very concept of rights. Yet that is increasingly how...

Blood for Oil

Someone, finally, has stated the truth to the administration and to the world: Saudi Arabia is our enemy. According to the Washington Post, that was the message of a recent briefing to the Pentagon’s Defense Policy Board. The presentation, by Rand Corporation...

Race, Sex, Class & Tiger Woods

The ancient Scottish game has expanded in popularity steadily since the simultaneous rise of Arnold Palmer and television coverage of the PGA Tour in the 1950s; in recent years the game has seen increased participation at all professional and amateur levels, and much...

No Conflict Between Liberty and Security

Most Americans, including our politicians, continue to believe the insidious proposition that we must “strike a balance” between liberty and security. Even though the House’s new homeland security bill specifically prohibits the President’s...

Congress vs. the Stock Market

Even after its 489-point rally last Wednesday, the stock market’s recent performance remains dismal. What’s wrong? The economic news is good, if not great. Earnings have been better than expected, with positive surprises outnumbering negative by four to...

At What Cost?

At What Cost?

Now that we have all breathed a sigh of relief at the rescue of the miners trapped underground in Somerset, Pa., perhaps we might reconsider some of the things that send men down into such hazardous places to get us the fuel to power our economy. The cost of coal is...

The Wall Street Journal’s Immigration Foul

The Wall Street Journal’s Immigration Foul

The Wall Street Journal editorial page is a reliable beacon of truth and common sense. Except when it comes to immigration. The open borders zealotry of the newspaper’s editorial writers has led to positively Clintonian rationalizations for undermining the rule...

Double Standard: Dead Jews vs. Dead Arabs

Does anyone seriously believe the Palestinians want peace? The Israelis retaliated against a man who had plotted the deaths of hundreds of their countrymen and, in return, his colleagues kill whom? University students. Young people among whom were four Americans. The...

Protecting Squid Before Sailors

Osama bin Laden gets help from the strangest creatures. As America’s military struggles to prepare its forces for the War on Terror, radical environmentalists are using marine life — whales, dolphins, and even squid — to try to block sea-based...

Loosing the ABM Handcuffs

The world just became a little safer. Such a statement may sound puzzling in an age of “dirty” bombs and other terrorist threats, but it’s true. That’s because this June the United States now has officially withdrawn from the Anti-Ballistic...

Stock Crash Aftermath

Stock Crash Aftermath

What can be even worse than a stock market crash — including the great crash of 1929 — are politicians rushing in to fix things. At one time, it was widely assumed that the 1929 crash led directly to the Great Depression that lasted throughout the decade...

Can’t live without them

Q: What does it mean to love someone so much that you can’t live without them? A: In most cases, such an emotion is not healthy. As profoundly traumatic as it is to lose a beloved romantic partner to illness, accident, or break-up, life must go on. Life should...

Two Trials — and Future Trials

Two Trials — and Future Trials

While much attention has been focused on the trial of American Taliban John Walker Lindh, another trial halfway around the world may be more relevant to our own future. This was the trial in Pakistan of terrorists who killed Wall Street Journal reporter Daniel Pearl....

Educational Vouchers

The U.S. Supreme Court ruled in the Cleveland school voucher case, Zelman vs. Simmons-Harris, that taxpayer funds that go to parents who might use the money to enroll their children in religious schools was constitutional. One need not be a rocket scientist to...

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