The following is an excerpt of an address given by CAC Chairman Nicholas Provenzo to the Colorado Medical Society on May 4, 2003. Ladies and Gentlemen, Good Morning. I thank you for your kind attention this morning and I thank the staff and directors of the Colorado...
POLITICS
Prescription for Less Wealth
Maytag recently announced that it's moving its Galesburg, Ill., production facility to Mexico. A group called Americans Against NAFTA has protested Maytag's decision. Spokesman Russ Anderson said, "We want to spread the word of what we believe Maytag is doing and the...
God, Buggery, and Mister Rogers
Here's what George Bernard Shaw said about religious fundamentalists: "There are scores of human insects who are ready at a moment's notice to reveal the will of God on every possible subject." A few carloads of those insects were swarming recently outside Heinz Hall...
Court Gives Bryco/Jennings the Finger
Once again, someone has managed to blame a few pounds of metal for the demonstrated ineptitude of a few pounds of gray matter. Last week, jurors in a California civil court ruled that gun manufacturer Bryco/Jennings must pay over $50 million to a 16-year-old who...
Liberalism vs. Individual Rights
Most Americans think slavery ended with the 13th Amendment in 1865. It did, in the United States. But it is alive and well today in the Sudan and Mauritania. In these African countries, blacks suffer at the hands of Arabs, who ransack villages, kill the men and sell...
Under Siege: The Left’s Assault on America’s Military
Burning American flags and shouting anti-American slogans, hundreds of protesters broke through a fence at a Puerto Rico bombing range two weeks ago, smashing military vehicles with sledgehammers. The purpose of these "playful" citizens was to celebrate the U.S....
Fidel Castro’s Dupes
Fidel Castro worked miracles after leading the Revolution that liberated Cuba from the dictator, Batista. The statistics are there, for any fool to see. Soon after Castro came to power in 1959, he decided to eliminate illiteracy in the island nation. As he stated in...
Liberty, Not Democracy, In Iraq
The bromide, often quoted today, that we have won the war but now we have to "win the peace," is meant to remind us that we have to turn from achieving our military goals to achieving our political goals in Iraq. But what if our political goals were such that...
“Sweatshops,” Boycotts, and the Road to Poverty
Two reporters relay this anecdote from Thailand: One of the half-dozen men and women sitting on a bench eating was a sinewy, bare-chested laborer in his late 30's named Mongkol Latlakorn. It was a hot, lazy day, and so we started chatting idly about the food and,...
War as Social Work?
When President Bill Clinton deployed American troops in places like Bosnia and Haiti, he was criticized for turning foreign policy into "social work" (as Michael Mandelbaum pungently put it). By what authority, many asked in the 1990s, did the president place troops...
Spring Cleaning Your Investment Portfolio
The war is over, the hummingbirds are back, the dogwood's blooming white and pink. It's spring, and, after a long, hard winter, it's a refreshing and comforting change. So it's time to give your investment portfolio a thorough spring cleaning. Get rid of the mess,...
The Failed Education “Reforms”
Sometimes a single incident can reveal the widespread rot that has affected the nation's school systems as they strive to indoctrinate the children entrusted to their care while neglecting to teach them the Three R's. In Inverness, Florida, a 12-year-old boy was...
CNN Should Scale Back Chumminess with Cuba
Mohammed Al-Douri, Iraq's ambassador to the United Nations, left the United States on April 11. After planned stops in Paris and Damascus, he said, "I will be the first to enter my country as a free country." Before heading out for what may be the final time, Al-Douri...
Business Magazines Go Left-Wing
"Have They No Shame?" screamed the headline of the cover story of one of the magazines, adorned with a picture of five ravenous pigs eating cake amid piles of money. The subhead: "Their performance stank last year, yet most CEOs got paid more than ever. Here's how...
Business Magazines Go Left-Wing
"Have They No Shame?" screamed the headline of the cover story of one of the magazines, adorned with a picture of five ravenous pigs eating cake amid piles of money. The subhead: "Their performance stank last year, yet most CEOs got paid more than ever. Here's how...
Let’s Be Honest About Cuba
Around this time in 2001, Secretary of State Colin Powell took it on the chin for opining, "Castro has done some good things for his people." Last month Powell spoke about the Castro regime much more honestly, stating that the recent crackdown, sham trials and summary...
In Defense of Enemies
There are plenty of otherwise rational individuals in the world who avoid confrontation at all costs, as if getting labeled a "Capitalist" was somehow worse than actually being one. This article is dedicated to them. Sometimes, even I receive hate mail. It's shocking,...
Economic Stupidity
Imagine that you and I are in a rowboat. I commit the stupid act of shooting a hole in my end of the boat. Would it be intelligent for you to respond by shooting a hole in your end of the boat? Or, imagine I were a politician and told you that the Russian, Chinese,...
Portrait of the Greenspan Era
With today's meeting of the FOMC not likely to generate a lot of surprises, let's take a moment to look at a chart that offers a remarkable perspective on monetary history. One wants to be careful about taking this kind of analysis too literally, but it is...
A Constitutional Republic for Iraq
As the statue of Saddam Hussein came crashing down, President Bush told the Iraqi people, "You deserve better than tyranny and corruption and torture chambers. You deserve to live as free people. And I assure every citizen of Iraq: your nation will soon be free."...
The Great Deficit Mystery and Cutting Taxes
Can we afford a big tax cut right now? That's what the arguments against the president's $726 billion proposal boil down to, really. The fact that we've been at war, that the economy remains sluggish, that we've returned to deficit spending -- all amount to a concern...
On the SEC Probe of NYSE “Specialist” Firms: Time Free the Stock Market to Make it More Competitive
The SEC is investigating possible abuses by the "specialist" firms that match buyers and sellers on the floor of the New York Stock Exchange. The probe comes after revelations that the exchange itself had launched an investigation last year that is now reported to...
The Right Kind of Tax Cut
Listening to Washington policy-makers haggle over the size of President Bush's proposed tax cut -- $350 billion over the next decade? $550 billion? $726 billion? -- you would think nothing matters much beyond the price tag.Just as important, though, is the type of tax...
Income Facts: Work Pays
Those for whom indignation is a way of life often inform us of the fact that families or households in the top 10 or 20 percent in income make far more money than people in the bottom 10 or 20 percent in income. What they almost never inform us of are how much money...
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