At the end of the classic Western, “Rio Bravo,” when the bad guys came running out of a blown-up house holding up their hands in surrender, John Wayne’s sidekick couldn’t help but exclaim “Look at ’em quit!”. These days,...
POLITICS
The Philippines Market: Flying off the Radar Screen
Have you ever noticed how little you hear about the Philippines market in these days? When was the last time you heard about a hot stock tip from that country? The Philippines contains a lot of people, about 72 million in fact, and it also has reasonably good...
Breaking the Tokyo Banks?
Back in 1998, the big question in Japan was which, if any, of Tokyo’s big banks could escape collapse. Burdened by massive, non-performing loans, and holding assets (like Tokyo real estate) that had plunged in value, Japan’s big banks were in a serious...
An Insolvency that is Good for Thailand
Last Wednesday, 15 March 2000), a Thai bankruptcy court declared that Thai Petrochemical Industry Plc., (TPI) was insolvent. Thai investors, while hardly jubilant, were likely to be relieved about one thing: a Thai company can no longer refuse to pay back creditors...
Rules of Rational Communication
Do not interrupt. Allow your partner to finish what he is saying. When there is a pause, politely ask, “Are you finished?” Actively listen. In other words, think about what she is saying. Look for evidence of honest misunderstandings. They are almost...
They Call them “Warning Labels,” Don’t They?
“They wanted to shut down ‘Big Tobacco.'” Thus explained a juror who agreed to award $20 million in punitive damages against Philip Morris and R. J. Reynolds. Now, get this. The plaintiff, now dying of cancer, began smoking at 13 — several...
Elian Gonzalez’s Life is His Own; Make Him a U.S. Citizen
Elian Gonzalez’s story continues to unfold like an opera: The daring escape from Cuba, the treacherous sea storm, and his mother’s heroic struggle to fasten the 6-year-old to an inner tube before she drowned. As a brutal snowstorm brought the congressional...
Tinseltown Crowns a ‘Hero’
“A local hero.” That’s how a spokesperson for Los Angeles police described the “heroics” of Willie Fulgear. Who is Willie Fulgear? Shortly before the recent Academy Awards ceremony, Roadway Express shipped 55 gold-plated Oscar statuettes....
Hasta La Vista, Anthony Burns
Anthony Burns lives again today in Florida, in the person of Elián Gonzalez, the six-year-old whose mother fled with him from Cuba last November in an attempt (during which she tragically died) to gain liberty.
Alan Keyes Should Know Better: National Service is the Hallmark of a Dictatorship
Alan Keyes [a candidate for the Republican nomination for president] is correct in stating, in his March 4 op-ed, that “national service is an obligation of citizenship” — in a totalitarian dictatorship. All life in a dictatorship belongs to the...
A Useless Law
TODAY, CONGRESS APPROVED the $300 billion Universal Support Enablement Law for Evaders of Suitable Skills, known as the USELESS bill. USELESS supporters call the measure’s passage a statement to people with no work skills, bad attitudes, poor personal hygiene,...
A Moral Approach To Solving The “Social Security” Problem
Fixing the problems of a mixed economy requires “unmixed,” radical, fundamental solutions. After so many decades of government interference in the economy and our lives, those solutions must necessarily be gradual to allow individuals to restore what has...
Stress Busting: Principles of Stress-Management, Part 2
In my last I covered seven principles of Stress Management. Here are seven more: 8. Process your feelings, and introspect, regularly. When you encounter a dilemma or issue, discuss it with a close friend, a professional counselor, or yourself (e.g., in the form of a...
Why GOPers cheered when McCain lost
Senator John McCain lost his bid to become his party’s nominee, and “core” Republicans cheered. No, not because of McCain’s alleged fiery temper, or his Gore-like economic plan, or his silly crusade against Big Tobacco — an industry both...
Gore’s “Guilt” Over Gas Prices Should Not Be Based On His 4.3 Cent/Gallon Tax Increase
At Christmas, $1.25 was the average price for a gallon of regular unleaded fuel. It is now more than $1.50 and is expected to be as high as $2.00 within four months. With no end in sight to the rising prices, Republican politicians, sensing an election-year issue, are...
Evolution and Public Schools
Under pressure from the religious right, the Illinois Board of Education has quietly eliminated the word “evolution” from state school standards. Liberals complain that this violates the separation between church state. But they’re getting exactly...
John McCain’s Moral Assault on Freedom
John McCain is not shy about expressing his moral vision for America. When he officially announced his candidacy, he said, “I run for president because I want the next generation of Americans to know the sense of pride and purpose of serving a cause greater than...
The Sanctity of the Doctor-Patient Relationship
The doctor-patient relationship is not merely eroding, it is dying.
Beware of a Stock Market that Trades Above Average
Covering International equities over the last decade has been an interesting experience. Emerging markets in Asia and Latin America have gone through a couple of rounds of boom and bust, compressing into a few short years as much euphoria and desperation as most...
John McCain’s Statist Vision for America: How America Barely Escaped The “McCain Phenomenon”
America dodged a bullet on Super Tuesday. G. W. Bush, governor of Texas and candidate for the Republican presidential nomination, swept seven of the eleven primaries held on March 7, winning such delegate-rich states as California, New York, Ohio, and Georgia. In one...
When the Bad Guy is Black
The double standard slaps you in the face. Wilkinsburg, Pennsylvania. Ronald Taylor, a black man, allegedly guns down five whites, killing three. What followed became a textbook case on how contemporary American journalism deals with race. The suspect’s motive...
Immigration, Moochers, and the Welfare State
Q. How is an “open-borders” immigration policy compatible with the principle of self-interest? While we have a welfare state, isn’t it irrational to encourage immigration? Shouldn’t the openness of our borders be tied to phasing out the...
The Railroading of Microsoft
The press coverage of Microsoft’s antitrust trial, up through the testimony of the final witness, has conveyed one consistent theme: Microsoft is losing. Its witnesses, we are told, have been caught in inconsistencies; Bill Gates’s videotaped testimony was...
The New China? Once A Dictator, Always A Dictator
The past arrest of Peng Cheng by the Chinese Government, and the more recent “strong” statements against Taiwan, shows how little has changed in that country. Take the case of Mr. Cheng. Mr. Cheng was sentenced to three years in a labor camp on...
Industrialization: The Environmentalist’s Version of Original Sin
Environmentalists — notorious for making doomsday predictions about man’s industrial activities while appealing to “science” — are now turning to religion to halt the “sins” of industrialization and development. Over a year...
Limits on Guns
Question: In a proper society, individuals surrender to government the right to the use of retaliatory force. How does this line of reasoning applies to gun control. If it is moral and hence legal to own a weapon that can kill many quickly, where and what reasoning...
Conclusions Misdrawn: Backseat Drivers Look In the Rear View Mirror
A lot of friends who dabble in the stock market have been calling me lately to pick my brain about this or that Internet stock. Of course, any word of caution or concern I express over lofty valuations invariably falls on deaf ears. God forbid I actually say anything...
Stress Busting: Principles of Stress-Management
Have you ever suffered from any of the following symptoms? Poor concentration. Forgetting to do important tasks. A pervasive sense of helplessness or hopelessness. Nervous behaviors (shaking leg, biting nails). High blood pressure. Blowing up or snapping at loved ones...
Cops — How Bad Are They?
Not Guilty. An Albany, N.Y. jury, consisting of four blacks, acquitted four white officers charged in the shooting death of West African Amadou Diallo. The undercover cops, looking for a rapist, cornered Diallo in the vestibule of his Bronx apartment. They ordered him...
Why Greenspan Trashes the Markets
When Federal Reserve chairman Alan Greenspan speaks, markets listen. But Mr. Greenspan doesn’t create wealth, as E.F. Hutton did when he spoke. Mr. Greenspan’s speeches tend to destroy wealth. Last week, for example, Greenspan told Congress that...
Time to Form a New Country? Why it is not the time to give up on America
Q. If you do not think libertarians are taking the correct action, may I suggest that those of us who are interested can join together to form a new country? A. This amounts to the idea that it is time to follow John Galt’s advice and strike from the world....
NAACP Promotes Racism on TV
because they can do the work but because they ‘represent’ their racial group,” said Tracinski.
Tracinski noted that the consequence of the NAACP’s demands will be the unjust branding of every black writer, director, or actor subsequently hired as a quota-filler, and …
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