You probably have heard about Rush Limbaugh having to resign from ESPN for having made an allegedly racist remark on the air. Limbaugh's remark was about black quarterback Donovan McNabb. Here is what is up on the CNN website: "Before McNabb led the Philadelphia...
POLITICS
March to Irrelevance
Many leaders, including French President Jacques Chirac and U. N. Secretary-General Kofi Annan, are still seething because the United States and Great Britain led a coalition into Iraq last March without explicit U.N. support. Of course, just a few months earlier, the...
Syria Is The Enemy
Immediately after September 11th, segments of the American foreign policy establishment hoped to include Syria, given its brutal suppression of the Muslim Brotherhood, in the anti-terror coalition against al-Qaeda. Indeed, for a time, it did appear that Damascus might...
Time Do Something About the Budget Deficit?
Despite improving economic and budgetary news, there is rising pressure to do something about the budget deficit. I expect this pressure to grow rapidly over the next year. By early 2005, I believe such pressure will be irresistible. It's not too soon to start...
Exporting Jobs to China: California Dreamin vs. Protectionism
I live and work in California, and on Tuesday I witnessed two revolutions here. Both have very bullish long-term implications, and both present significant short-term risks. The first revolution I'm talking about, of course, is the recall of California's sitting...
Crossing the Line Over Health Care As a Right
Southern California's largest grocery strike in 25 years offers a clear example of opposing ideas in action; the labor dispute is a fundamental conflict over whether health insurance should be financed by those who want insurance --- or by those who hire those who...
Vouchers and Votes
During a recent visit to Washington, I was told by a high official there that he had posed this question to Democrats: "Why are you so opposed to vouchers?" The reply: "We aren't going to give you guys a victory." If you stop and think about it, if the Democrats allow...
Racial Censorship and the Witch-Hunt Against Rush Limbaugh
Rush Limbaugh's comment on ESPN regarding Philadelphia Eagles' quarterback Donovan McNabb was: "I don't think he's been that good from the get go. I think what we've had here is a little of social concern from the NFL. The media has been desirous that a black...
Will Israel Save Us Again?
The Iranians are on the verge of building nuclear bombs. If this is not stopped, mass death will result. The situation is not entirely without precedent, although the crisis today is immeasurably greater. By 1981 Iraq had a similar program. Had it succeeded, America...
The Remarkable Bobby Jindal vs. the Liberal Bigotry of the New York Times
The condescension of The New York Times toward minority conservatives is so thick, you need a Cuisinart electric carving knife to slice it. On Oct. 12, Times editorial writer Adam Cohen penned a hit piece masquerading as a profile of Bobby Jindal, the remarkable...
The War Against Success
Name some of the things that make us so much better off than Americans of just a couple of generations ago. One of the most important things are new medicines that not only prolong life but leave us vigorous at ages when old folks used to sit around in rocking chairs....
Kill Bill – To Expand Medicare
From time to time, Congress passes, and the President signs a bill, that forever changes every American's life. The Medicare prescription drug coverage bill -- which President Bush has vowed to sign -- is such an event; if passed, this expansion of Medicare, like the...
The Case for Off-Shore Drilling
For a small State, New Jersey continues to send a large delegation of mental midgets to Washington, DC to represent it. In the last election, Sen. Robert Torricelli, the man famed for leaking the name of a CIA agent, was yanked off the ticket at the last minute as the...
In Defense of Mutual Funds
A month ago, Eliot L. Spitzer, New York's attorney general and the scourge of Wall Street, announced that his office had "obtained evidence of widespread illegal trading schemes that potentially cost mutual fund shareholders billions of dollars annually." The...
The Irony of California
The California recall election and its surrounding hoopla may have confirmed the suspicions of some people in other parts of the country that Californians are crazy. But not all Californians are crazy -- just the most affluent and highly educated ones. Although the...
Baby Kim’s Ace in the Hole: Western Moralists
North Korea just announced it is using plutonium extracted from spent nuclear fuel rods to make atomic weapons. How could the United States let this happen? In 1994, when North Korea was on the brink of economic collapse, its new leader Kim Jong Il, following in his...
Great Myths About the Great Depression
They say "truth will out" but sometimes it takes a long time. For more than half a century, it has been a "well-known fact" that President Franklin D. Roosevelt got us out of the Great Depression of the 1930s. That view was never pervasive among economists, and even...
A Sound Dividend Strategy
Earlier this year, Microsoft Corp. (MSFT), which is roughly tied with General Electric (GE) as the most valuable company measured by market cap in the world, declared the first dividend in its 28-year history. On Sept. 12, it doubled that dividend from 8 cents a year...
Mahogany, Peru and Poverty: US Firm Fights NRDC’s Eco-Libels
According to the website of the Natural Resources Defense Council (NRDC), the Tahuamanu Rainforest of Peru is a tropical paradise that "until recently, has seen no human impacts beyond those of traditional, sustainable communities." That is, according to the NRDC,...
Beware of Bonds As The Economy Improves
A month ago, I wrote about the how the Fed led Wall Street bond traders into a billion-dollar trap, by promising to keep interest rates low virtually forever, and then just weeks later, hinting that it would break the promise. You'd think "once burned, twice shy" --...
Where Have You Gone, Isaac Newton?
More and more today, we are inundated with foolishness masquerading as science. Psychic hotlines proliferate, politicians consult astrologers, and people reject their doctor's advice in favor of "alternative healing" dispensed by quacks. In the past, defenders of real...
An Open Letter to ESPN on Rush Limbaugh
ESPN Television ESPN Plaza Bristol, CT 06010 October 5, 2003 To ESPN, You forced Rush Limbaugh to resign from his job after his alleged racist comment, yet you routinely allow your other commentators to make race-related comments and champion unquestioningly what are...
P.C. Insanity at the Pentagon
If Osama bin Laden snuck into our country illegally, bought fake immigration papers and changed his name to Osmundo Ben Ladeno, could he join the U.S. military? You betcha! Last week, the Army announced that Pvt. Juan Escalante, a 19-year-old illegal alien from Mexico...
How to Prevent a ‘Quagmire’ in Iraq: End American Appeasement
Voices on the left argue that Iraq will become a "quagmire" because of U.S. "arrogance" and "unilateralism." They are actually half-right: disaster may indeed be looming--but only because of a lack of self-assertiveness by the United States. We are inviting failure in...
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