Here are just a few of the facts: One study asked middle-class black, white and Asian high school students what was the lowest grade their parents would tolerate their bringing home? Asian students replied A-minus. Blacks said their parents would accept grades lower...
POLITICS
The basic and crucial political issue of our age is: capitalism versus socialism, or freedom versus statism. For decades, this issue has been silenced, suppressed, evaded, and hidden under the foggy, undefined rubber-terms of “conservatism” and “liberalism” which had lost their original meaning and could be stretched to mean all things to all men. – AYN RAND
Desperate and Ugly in Florida
The same ugly tactics that worked for the Clinton administration during impeachment are now being used by Al Gore in a last desperate effort to capture Florida and the presidency. These tactics include creating as much noise and chaos as possible in the media, with...
When Financial Statement Analysis Becomes More of an Art than a Science
Part of a global equity analyst's job is to deconstruct the financial statements of companies from around the world. This can be a harrowing task, especially when one considers the multitude of differing accounting standards practiced in countries outside the U.S....
A Vicious Double Standard in Journalism: Fog Horns of the Fourth Estate
TV journalism means never having to be truly sorry. You would think that after last Tuesday's election coverage fiasco, the broadcast networks might show a smidgen of humility. Instead, NBC and MSNBC -- which led the blow-dried lemmings in erroneously awarding Florida...
Children of the Damned: How We Are ‘Saving’ Our Children by Raising Them to Become Serfs
For almost a century the Soviet Union preached the doctrine of service to "the people." Toil, sacrifice, and suffer, the Soviet propagandists told their subjects; it is all being done for the good of "the people." As time went on, of course, the people found that they...
Al Gore’s Coup D’Etat
Karl Marx said it best: "Audacity is 90 percent of the battle." Lenin showed that he had learned this Marxist lesson well when he declared his tiny band "the majority" and seized power in Russia in the name of a non-existent proletariat. It is the year 2000 in the...
True Love Demands No Sacrifices
Never ask your spouse or partner to make a sacrifice for you. If you really love someone, then you don't wish to control them. It's not that you merely won't ask them to do something they don't want to do. We're not just talking about manners here. It's deeper than...
International Markets Handle American Political Risk
There is an old saying that when the U.S. market sneezes, international markets catch a cold. This week, the election seems to have contributed to a big sneeze in the U.S. markets, but foreign markets handled it with little more than a sniffle. A number of foreign...
The Two Americas
The vote last Tuesday wasn't even close. I know what you're thinking. If you look at the national totals, the electoral college count, and the chaos in Florida, this election is probably the closest in history. But look at it again, state by state, precinct by...
“Blood In The Streets” in Asia — Again.
While the eyes of the world have been focused on the spectacular rise and fall of the NASDAQ over the past 12 months, Asian stocks have had an even more spectacular ride, declining to levels not seen since the depths of the 1997-98 Asian financial crisis. The Asian...
Al Gore’s Legal Fishing Expedition: Who Cares About Election Fraud Now?
Faster than you can say Court TV, a high-priced flock of Democrat Party lawyers packed their polo shirts and jetted to Florida to investigate claims of election fraud. Al Gore's presidential campaign is reportedly drumming up $3 million from lobbyists to pay for the...
Putting the Cart Before The Horse, Russian Style
Back in the late 1980s, nations of the west were delighted and pleased when Gorbachev introduced the political policies of Glasnost and Perastroika. Mild political reforms in a moribund communist behemoth were the antecedents to the eventual collapse of the Soviet...
How Digital is Your Business? Creating the Company of the Future
An excerpt from the introduction to the book How Digital is Your Business? [CAPITALISM MAGAZINE.COM] Why this book? And why now? After all (you may be thinking), this isn't the first book on e-commerce and the Internet. It may not even be among the first hundred books...
Time to De-Cycle?
Last week, while going through a pile of international research, I saw a report that shocked me: it was an analysis of defensive stocks with low valuations in Hong Kong. I hadn't seen defensive-value-themed research of that sort for at least two years, as investment...
My New Entitlement
By appearance alone, no one would ever guess that next year I'll celebrate my 65th birthday. Going by this year's presidential campaign promises, simply by surviving 65 years I acquire the right to have my prescription drugs paid by younger Americans. That's even if...
Jefferson and Madison: Could They Be Elected Today?
Our elected officials simply mirror our contempt for constitutional principles and our desire to live at the expense of our fellow American.
What is America’s Real Choice in the Upcoming Presidential Elections?
The voters face a clear choice in tomorrow's election -- it's just too bad the candidates don't want to admit that fact. Underneath all the muddled rhetoric on the campaign trail, everybody senses what this election is really about. It's not fundamentally about...
What Does CNN’s Constant Advertising on Bush’s Minor Brush with the Law Tell You About the Clinton-Gore Camp?
The story about George W. Bush's minor brush with the law, two dozen years ago, tells more about the people who leaked this to the press, on the eve of the election, than it does about Governor Bush. Add to this the innuendoes about Ralph Nader's sex life by Gore...
Social Security Lies
Here's what the 1936 government pamphlet on Social Security said: "After the first 3 years -- that is to say, beginning in 1940 -- you will pay, and your employer will pay, 1.5 cents for each dollar you earn, up to $3,000 a year. ... Beginning in 1943, you will pay 2...
Squandering the Surplus on the National Debt
Conservatives and Republicans are ecstatic about the bond buy-back and debt pay-down policy now in effect. This is misplaced joy and a political miscalculation. Every dollar that we use to pay down the debt has an opportunity cost. Each dollar could be used in a...
No Cure for Generational Pain
If you thought the public uproar over George W. Bush's use of an expletive last [month] was big, imagine the national horror he would have provoked if he had said he was against offering any new Medicare benefits for the elderly. Al Gore wants to throw $250 billion at...
The Truth About Social Security
Americans, it would seem, have far more attachment to the Social Security system than they have knowledge of it. I say this from observing how easy it is for Democratic politicians to make Americans anxious that Republicans are out to harm the system. That Social...
A is non-A: Gore’s Deceptive Telephone Tax
VICE-PRESIDENT AL GORE, aided and abetted by Jay Rockefeller, D-W.V., and Olympia Snowe, R-Maine, fought for and succeeded in amending the Telecommunications Act of 1996 such that a universal services fund was created to subsidize telecommunications services for...
Hillary Clinton and Al Gore — Relics of the Collectivist Past
As we confront the last election of the 20th century, we seem to have learned remarkably little from the tragic mistakes that have produced catastrophes around the world during this century. The collectivist mentality is still alive and well, despite the economic...
How Clinton-Gore Helps the OPEC Cartel
We Americans are going to pay through our noses to stay warm this winter, and we can thank our elected and unelected officials in Washington. Let's analyze the economics of it by starting with an example. Pretend you own a supermarket. What would you want the...
The Politics of Education
What amazes some media pundits is that Gov. George W. Bush has seized issues that have long belonged to the Democrats, such as education and Social Security. What should be more amazing is that education was ever the Democrats' issue in the first place. The Democrats'...
Save Medical Savings Accounts From The Welfare State Firing Squad
Nearly four years ago, Congress established a trial period for Medical Savings Accounts (MSA)--a tax-free savings account from which you pay your medical expenses. On December 31, 2000, unless Congress acts, the MSA program will become extinct. It is now time,...
Unlike Gore, Ralph Nader is the Real Thing
In recent years, the Democratic Party has moved to the right. In most respects this has been phony P.R., of course, such as Clinton's proclamation that "The Era of Big Government Is Over" -- with his actions (from the Hillary health plan of 1994 onward) consistently...
The Million Mom Murmur: Gore Throws Off His Anti-Gun Shoes for Hunting Boots
They came. They roared. They're being ignored. The top lieutenants of the Million Mom March have been put in their proper place: far back, out of sight, on the margins of national debate and the presidential campaign. Good riddance. Led by Democratic political...
Why You Shouldn’t Keep an “Open Mind”
"You should keep an 'open mind.'" If you have ever expressed a definite opinion on anything, you've probably heard this popular catch-phrase in response. On college campuses, the "open" mind is considered an unlimited virtue. College administrators, teachers, and many...
Another Double Standard By Statists
The justifiable outcry about the irresponsibility of the entertainment industry in feeding young people a steady diet of calloused violence and cheap sex would have more moral standing if it did not also reveal the double standards in the media and in politics. Public...
Budget Surplus Horror Stories: How Clinton-Gore Insults The Taxpayer’s Intelligence
Bill Clinton says that the budget surplus cannot be used to reduce taxes because it would "cost" too much. Just what does that mean? It certainly does not mean that the government would have to give up doing something that it is already doing. The very fact that there...
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