I get lots of terrific letters from readers (both roses and thorns, I assure you). But one I got last week takes the prize. It's a list of penetrating questions about all of the toughest issues challenging stock investors. The minute I saw it I knew what today's...
POLITICS
The Energizer Takes on the Terminator: Interview with State Senator Tom McClintock
If Arnold Schwarzenegger is the Terminator, State Sen. Tom McClintock, a conservative who has figured prominently into the nation's most controversial election since 2000, is the Energizer Bunny.Against a media onslaught that has emphasized celebrity over philosophy,...
Prosperity Through Trade vs. Poverty Through ‘Eurolateralism’
CANCUN, Mexico - As the "extremely dangerous" Hurricane Isabel advances toward the Yucatan from the Western Atlantic, delegates from 146 countries are racing to finish work at this resort town on a once-in-a-generation opportunity to slash subsidies and open up the...
New York Stock Exchange Chairman Richard Grasso vs. Karl Marx
New York Stock Exchange (NYSE) is a private business, even if heavily regulated; and what the owners pay their chairman, Richard Grasso, is no one's business but theirs. Motivating the complaints about Grasso's compensation is the Marxist notion that all property is...
P.C. vs. the Indian Princesses
Political correctness is breaking the hearts of thousands of little girls -- and their daddies are having a hard time explaining why multicultural hypersensitivity is more important than their daughters' innocent fun. Beginning this month, the YMCA's Indian Princesses...
Quotas,Tenure, and Diversity of Opinion in Academia
This is the time of year when millions of parents send their children off to universities. Unfortunately, one price of getting one's children into a top school these days is that they may be subjected to four years of liberal propaganda. Those in academia like to call...
A Contract with Black America?
A caller on the Rush Limbaugh show recently had an inspired suggestion for Republicans: Since the "Contract with America" was such a political success back in 1994, why not a Contract with Black America during next year's election campaign? The original Contract with...
Workers of the World, End Poverty: Unite for Global Capitalism!
Swarms of left-wing and environmentalist activists plan to demonstrate against free trade and "globalization" next week during the ministerial meeting of the World Trade Organization in Cancun, Mexico. These activists will be united by a single emotion: a virulent...
Mutually Assured Destruction II: New York Eliot Spitzer’s Campaign for the Governorship
The mutual fund scandal that erupted last week is the latest front in vigilante New York Eliot Spitzer's campaign to climb to the governorship over as many ruined careers as possible. Here are some thoughts on where it could lead.Are there abuses of trading after the...
September 11th
On this day, the best way to honor the dead is to reassert -- and expand -- the values that made their lives in this country (and our own) possible. This means rebuilding the World Trade Center -- with private dollars and within the capitalist framework. It means...
Spitting on Their Graves
Across the nation, public officials will strike somber poses and shed television-friendly tears and bow their blow-dried heads in memory of the victims of the September 11 terrorist attacks. They'll hold hands, light candles, and pass around a plateful of platitudes:...
Facing Down North Korea
when we have agreed to the North Korean’s terms in the past, we only find ourselves facing them again later, stronger, and even more threatening.
Paul Krugman Unraveled
Paul Krugman's book, The Great Unraveling, hits bookstores today. Are you surprised that Krugman's publisher, W.W. Norton, has repeatedly refused my requests for a review copy of the book? Despite this inexplicable omission, America's most dangerous liberal pundit is...
Manufacturing Will Be Booming
With Congress having returned from its August recess last week, the rhetoric on employment has heated up. In particular, we are hearing more and more about the loss of manufacturing jobs. A Federal Reserve Bank of New York study warns that many have disappeared...
George W. Bush: Caving in to Big Spenders
The Republican Party's conservative base is becoming increasingly restless with George W. Bush's unwillingness to restrain the growth of federal spending in any way. Last week brought another shot across his bow, when the Manchester Union Leader, one of America's most...
Mutually Assured Destruction
For all the outrage and indignation voiced by the media and our public servants, the market didn't seem terribly concerned by last week's scandalous revelation that a hedge-fund manager had illegally profited at the expense of mutual-fund shareholders. That's powerful...
America’s Timid War on Terrorism
Although American forces impressively deposed the tyrannical regime of Saddam Hussein, the nearly two-year-long War on Terrorism is, in fact, going badly.The tragedy is that we lack not weapons, nor military prowess, nor bravery; our military is the most powerful in...
Why We’re Losing the War on Terrorism
Let the remembrances begin; in the time since the worst attack in American history, it is proper to remember what happened, to celebrate heroic acts and to mourn the staggering loss of life. There is sadness, yes, but the root of the sadness must be examined, too:...
Experts Without Expertise: Liberation’s Children
We may become the first society destroyed by its own experts -- especially experts in fields where there is no expertise that can be verified by facts. Over the past several decades, no one has been victimized more by so-called experts than parents and children. And...
The Cornerstone of America’s Freedom
This month, America will celebrate the 216th anniversary of its famed Constitution. That is long enough ago that most of us take for granted the rights protected by this governing document. But if given a chance to reflect, what constitutionally protected rights do...
The “New New” Madonna for Mother of the Year?
The open-mouthed kisses between aging pop star Madonna and 15th-minute celebrity clingers Britney Spears and Christina Aguilera, broadcast on MTV last week, received widespread media attention. The Sapphic spectacle was rightly condemned as vulgar, cynical, and...
The ‘Sweatshop’ Scam: So-Called ‘Sweatshops’ Are Economic Opportunities for the Third World Poor — So Why Are American ‘Progressives’ Opposed to Them?
Well-off American college students and $25 per hour union workers have banded together in a growing movement for what they describe as a "progressive" cause and a battle against "exploitation." Their goal: to take away economic opportunities from desperately poor...
The Price of Free Money
Just last month I proclaimed the old clich
Bill Janklow Should Step Down From Office
It's all a big joke to Rep. Bill Janklow, the Republican congressman from South Dakota with a lead foot, a hollow heart, and an ego the size of his Cadillac death-mobile. Conservatives with a conscience should be appalled that the powerful GOP representative, charged...
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