POLITICS

When Veterans Betray the Chain of Command

The chain of command isn’t just military protocol—it’s the constitutional architecture that keeps American democracy from sliding into chaos. Six Democratic members of Congress just attacked it.

Race Board Needed

The recent U.S. Supreme Court ruling in Grutter vs. Bollinger permits colleges to award a "plus" to black, Hispanic and American Indian student applications for admission. As sure as night follows day, we can expect racial fraud. You can bet the rent money that the...

Authentically Black: Essays for the Black Silent Majority

Black leaders in America have an unflinching allegiance to the political left and are part-and-parcel to the Democratic Party. They see no reason to change or reform existing race-based affirmative action programs. They are also out of step with the times. This is the...

Treason, by Ann Coulter

Treason, by Ann Coulter, is a book of great value and great danger. For Objectivists, who are immune to its horrendous philosophical claims, its integration of the political events of the last 50 years will be of great value. But the excellence of those very points...

Investors Are Terribly Myth-Guided

Lord knows where these things come from or how they get started. Another one of those emails is making the rounds -- the kind that everyone seems to get and forward on to everyone they know, so you end up getting a dozen copies of it. So maybe you've already seen this...

Peers and Pied Pipers

Peers and Pied Pipers

Some years ago, while walking across the campus of Stanford University, I happened to encounter the late Glen Campbell, then head of the Hoover Institution, where I work. Glen was also a regent of the University of California and the regents had just made some...

Bond Markets and Interest Rates

Largely unbeknownst to the general public, the bond market has been collapsing in recent weeks. For some odd reason, the liberal media have failed to trumpet this news as proof that President Bush's economics policies have failed. It may be because the reason is...

Slavery in Our Time

If you went to public school any time in the last 20 years, you can be forgiven if you think slavery is a uniquely American and Southern experience. That belief, fueled by the political correctness movement, is dead wrong. The evil system we call slavery existed long...

Drug Industry Destruction

Last week, the House voted 324 to 101 to make it easier for Americans to import lower-priced prescription drugs sold in Canada and Europe for their own use. It rejected a more sweeping proposal to allow such imports by drug wholesalers and pharmacies. The fact of the...

Liberal Segregationists in the Schools

Liberal Segregationists in the Schools

The spirit of George Wallace is alive and well -- among left-wing zealots in some of America's most "progressive" taxpayer-funded schools. In Oberlin, Ohio, local school board president Tony Marshall argues that only black high school teachers should teach "black...

The New York Times: Poster Child for Inaccurate Reporting

The New York Times: Poster Child for Inaccurate Reporting

Say what you want about The New York Times, but it still makes more news than any other paper in the United States. By this, I don't mean in the sense of printing the news, as other papers do, but rather in the sense of news about the Times itself. Consider these...

Blame Bush’s Unprincipled Foreign Policy

The 900-page Congressional report criticizing the operations of the FBI and CIA in the months prior to the September 11 attacks misses the fundamental point. Whatever incompetence on the intelligence agencies' part, what made September 11 possible was a failure, not...

Early Birds Get Returns

To invest is to defer. When you buy a company's stock or a government agency's bonds, you decide not to consume your cash today but to entrust it to an institution that, you hope, will produce rewards for you in the future. History shows that, if you make your choices...

President Bush’s Secret Service Buffoons

Shame on the Secret Service. This week, it investigated renowned editorial cartoonist Michael Ramirez like he was some left-wing homeless crackpot who had sent President Bush an anthrax-laced death threat -- all because Ramirez drew a provocative cartoon that was...

Measuring Wealth

Recently, I discussed new IRS data showing that the share of total income going to the richest 400 individuals has increased. However, income is an imprecise measure of well-being. That is better measured by wealth. A new study by the Federal Reserve sheds important...

Random Thoughts for July 2003

Random Thoughts for July 2003

Random thoughts on the passing scene: Have you ever heard a single hard fact to back up all the sweeping claims for the benefits of "diversity"? Some people were upset, not by Dusty Baker's off-hand remark that races differ in their responses to hot weather, but by...

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