Despite the fanfare of a televised speech at the National Press Club in Washington, a very old and hackneyed set of proposals was unveiled as a “new vision” for the creation of “affordable housing.” The speech was by Richard Ravitch,...
POLITICS
Accountable, Yet Not Accountable: A “Retarded” Supreme Court Decision
Yesterday the Supreme court released its decision in Atkins v. Virginia, regarding the propriety of executing the mentally retarded. The court reversed the death sentence of a retarded murderer, arguing that his diminished mental precluded him from acting with the...
Amtrak: The Perpetual Failure Machine
Today I watched a bizarre spectacle. Attending a hearing of the Senate Appropriations subcommittee on transportation, I bore witness as, one-by-one, five United States senators of both political parties made the case for subsidizing perpetual failure. I saw them...
How to Fight Terrorism: Bush vs. Clinton
Like three blind mice, Dick Gephardt, Hillary Clinton and James Carville are running around saying they want their eyes opened about what’s going on in this country about terrorism. House Minority Leader Gebhardt wants an investigation into “what the White...
Making Gray Davis Accountable
California’s Governor Gray Davis is in hot water over his acceptance of $25,000 from Oracle Corporation following the state’s no-bid $95 million dollar e-government deal with the company. And while the governor probably wishes he had never heard of...
How Government Bureaucrats Helped Sink WorldCom
WorldCom has rallied as much as 53% in the two weeks since it was ignominiously ejected from the S&P 500 Index on May 14. Low-priced securities of distressed companies are often subject to such large moves in percentage terms. But WorldCom’s rally following...
Patterns of Untruthfulness: U.S. State Department “Patterns of Global Terrorism”
Each spring, the State Department issues “Patterns of Global Terrorism,” its major report on the problem it defines as “premeditated, politically motivated violence perpetrated against noncombatant targets by subnational groups or clandestine agents,...
The Inversion Aversion: How Congress Robs Shareholders of American Corporations
Today, the Senate Committee on Finance will vote on a bill introduced by Sen, Charles Grassley of Iowa that would make it illegal for a US firms to re-incorporate overseas to avoid the tax bias against corporate overseas income. CMDC considers this and similar...
Why Economists Are Not Popular
One of the many reasons why economists are unpopular is that they keep reminding people that things have costs, that there is no free lunch. People already know that — but they like to forget it when there is something they have their hearts set on. Economists...
The Virtue of “Playing God”
Thanks to infighting in the Senate, it appears that voting on legislation that would destroy the lives of life-saving heroes will be delayed until next year. Americans cannot afford to leave the fate of these individuals to legislative chance, however; in the name of...
The Post-Colonialist Famine
Today, more than a million people in Zimbabwe are starving, and up to three million face the imminent prospect of starvation. This has not yet excited much attention in the West. Zimbabwe, after all, is far away from the centers of American interest; all of our top...
Strange Times at Santa Monica High
What causes poverty? A Santa Monica, Calif., high school teacher required his class to write an essay to address this question. Steve Miller, one of his students, attributed three things to poverty — violent crime, government programs and irresponsible breeding....
“I am an American”?
Remember those public-service ads with the politically correct cast of actors staring into the camera and stating, “I am an American”? Something always bothered me about that campaign. It was the snarly attitude that many of the cast members had while...
Homeland Security and the Enemies Within
One of the problems that urgently needs some serious thought by President Bush’s proposed new Homeland Security Department is the problem of what to do about enemies already living within this country. Our legal system has not yet faced the grim implications of...
The Bono/O’Neill Magical Third World Tour
“He is the man in charge of America’s wallet, and I am looking to open it.” So pronounced rock star Bono as he and Treasury Secretary Paul O’Neill embarked on a four-nation African “poverty tour.” Bono, a longtime activist for...
The Geography of Palestine According to Arafat
The next time you see a picture of Yasser Arafat, take a look at his keffiyeh, the black-and-white headdress he never appears without. He wears it in an unusual style, carefully folded so that it comes to a peak at the top, drapes down over his left shoulder, then...
Solutions to the Bureaucratic Vision of Anti-Terrorism
Imagine you’re a munitions manufacturer, and you manufacture hand grenades for the military. Your contract requires a guarantee that 99 percent of the hand grenades delivered are not duds. What do you do? If you assumed there was an equal probability of every...
Objectivity in Reporting: Inside the Church of Nativity
On April 2, 2002, Palestinian gunmen/militants/terrorists shot their way into the Church of the Nativity, taking as hostage some civilian citizens and members of the clergy. One month into the siege, Los Angeles Times photographer Carolyn Cole sneaked past Israeli...
Should Terrorists Be Tried in Civilian Courts?
It is not clear whether the newly proposed Department of Homeland Security will have jurisdiction over terrorists who have been captured. But somewhere those in high authority need to confront the great dangers inherent in trying members of international terrorist...
Harvard Loves Jihad–But Hates America
Imagine it’s June 1942 – just a few months after Adolf Hitler declared war on the United States. At Harvard University, a faculty committee has chosen a German-American to give one of three student orations at the festive commencement ceremony. He titles...
Rational Pessimism: The Choice Between ‘Irrational Exuberance’ and ‘Irrational Pessimism’ is a False Dichotomy
When North American stock markets raced upward from 1995 to 1999, their rise was ridiculed — by people like Yale’s Robert Shiller and the U.S. Federal Reserve’s Alan Greenspan — as a mere “irrational exuberance.” No facts, they...
Government–not Bush–Failed on 9-11
“That has nothing to do with intelligence,” said former President Bill Clinton. “It basically says he’s a dangerous guy that might do a lot of things.” Clinton refers to a 1999 CIA report about the possibility of terrorist attacks against...
America’s Maginot Line
The War on Terrorism is over. It ended when President Bush pushed to the top of his agenda the creation of a Cabinet-level Department of Homeland Security. This is the climax of a trend that has been building for the past month: the only action the U.S. government is...
Borders, Cyanide, and Terrorism
Unidentified bandits stole 10 tons of sodium cyanide briquettes last month during a roadside robbery in Mexico. The lethal chemical, combined with sulfuric acid, is used in gas chamber executions; a single whiff can kill in minutes. The hijacked truck was found May 16...
The Morality of Genetic Engineering
Next week in Toronto, the annual meeting of the Biotechnology Industry Organization will take place, amid protests by environmentalists who want to prohibit genetic engineering. This is a conflict between the creators of a technology that has saved countless lives and...
What’s So Great About America?
“ What’s So Great About America ” That is the provocative title of a new book by Dinesh D’Souza, a best-selling author who was born in India and who has now become an American citizen. Although many among the intelligentsia would have meant...
A Lesson for George W. Bush: Principles vs. Popularity Polls
If George W. Bush learned only one thing from his father’s presidency, it was that high marks in the opinion polls are no guarantee of future triumph in the other kind of poll. During the Gulf War in early 1991, the first President Bush’s approval ratings...
Dysfunctional Dad of the Year
Move out of the way, Ozzy Osbourne. There’s another foul-mouthed celebrity who’s vying for the bleeding-heart pop critics’ Father of the Year award. Eminem, the Detroit rapper whose third album skyrocketed to the top of the charts, wants everyone to...
Time’s Up for Pakistan: America Must Side with India
The Bush administration seems to be twisting itself into a knot of confusion over the nuclear standoff between India and Pakistan, dispatching an array of diplomats to try to “ease the tensions” between the two countries — without doing anything to...
A Mexican VISA-Vending Scandal
President Bush signed an immigration reform bill last month that will supposedly make our borders “more secure” and “smart.” But “smart” technology can’t cure corrupted borders. This new law won’t do much good if our own...
Castro’s Reign is an Abomination
Last month, in a heartfelt address, President Bush spoke out in support of a nation suffering under tyranny. He declared that its people are entitled to liberty, democracy, and dignity, and he condemned the dictator “who jails and tortures and exiles his...
“Affirmative Action” and College Graduation Rates
Some thought that racial preferences and quotas — “affirmative action” — in university admissions decisions were on their way out after they were banned by the 5th Circuit Court of Appeals in Texas and by Proposition 209 in California. However,...
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