In Canada, two big banks — the Royal Bank and Bank of Montreal — want to merge. They mutually concluded that it would serve their long-term interests, such as make them more competitive internationally. Ditto for two other big banks — the Toronto...
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
What Trustbusters and Marxists Have in Common: Equating Economic and Political Power
Part 2of 6 in a Series of articles on Capitalism, Free-competition, Antitrust, and Microsoft Just as Marxists do, the proponents of antitrust laws–a century ago and today–actively seek to obscure the crucial distinction between economic power and...
Mark McGwire and the Heroics in Hitting Home Runs
Mark McGwire of the Saint Louis Cardinals was right. America did need the spectacle of his pursuit of major-league baseball’s single-season home run record. And much about what they needed culminated in St. Louis’ Busch Stadium on September 8th, when he...
The Nerve of Foley
There had been rumors all winter that the engineers were going to strike. Certainly we of the operating department had warning enough. Yet in the railroad life there is always friction in some quarter; the railroad man sleeps like the soldier, with an ear alert...
What the Comprehensive Test Ban Treaty Will Really Disarm: America’s Moral Right to Self-Defense
In a largely partisan vote on Wednesday, the U.S. Senate rejected the Comprehensive Test Ban Treaty (CTBT) against nuclear weapons testing, signed by President Clinton in 1996. The rejection has created a storm of criticism, warning of “international...
Clinton — Friend of the Working Woman?
A coalition of 15 Feminist and civil rights groups recently descended on Capitol Hill. The issue? Why, the protection of our beleaguered president, of course. Leave him alone! Stop the impeachment process! Bill Clinton’s been good for women! Patricia Ireland,...
Y2K problems will be minor
I’m not expecting a Year 2000 cataclysm. I’ve read a fair amount of literature on the subject, and it largely breaks down into two categories. In the first, you find sober discussions of the details with a conclusion that the problem is largely manageable....
Environmentalism and Eco-Terrorism
Radical environmentalists are believed to be behind the recent (Aug. 2, 1998) bombing of two sour gas wells in Beaverlodge, Alberta. Luckily, nobody was hurt and only a small amount of deadly gas was released before automatic shut-off valves kicked in. According to a...
The Clinton Strategy for Political Survival
After being pushed to the wall with damning evidence, U.S. President Bill Clinton finally, albeit grudgingly, confessed to the American people that he did have sexual relations with Monica Lewinsky. It wasn’t the first time he cheated on his wife and then, when...
Fanning the Flames of Terrorism
By: Leonard Peikoff and Andrew Lewis The recent attacks on American embassies in Kenya and Tanzania were a bloody reminder of the threat posed by terrorists. Almost all commentators and politicians hailed America’s swift response as a positive step. In fact,...
The “Larry List” of the most fascinating women in politics
What do Monica Lewinsky, tennis star Venus Williams and television’s Buffy the Vampire Slayer have in common? They all made the George magazine list of the 20 Most Fascinating Women in Politics. That’s right, politics. And what do Attorney General Janet...
Why Blacks Shouldn’t Support Bill Clinton
“Guilty or not, we love you, O.J.” The sign — held by a black woman outside of the O.J. Simpson criminal courtroom — still chills. During a ceremony honoring Martin Luther King, a black speaker told a scandal-weary President Clinton that blacks...
Who Killed Princess Diana?
A year has passed since that fatal car crash in a Paris tunnel, and the fundamental question still burns: Who is morally responsible for the tragic and senseless death of princess Diana? Although the investigation report from the French magistrate has yet to be...
The Brown Bomber Strikes Supreme Court Justice Clarence Thomas
Fresh from his recent attack on Independent Counsel Kenneth Starr, San Francisco Mayor Willie Brown carpet-bombed yet another loathsome public figure — Supreme Court Justice Clarence Thomas. At a meeting before the Association of Black Sociologists, Hizzoner...
The Pseudo-Scientific Road to Destruction
A recent study, funded by the National Science Foundation, alleges that the twentieth century has been warmer than the five centuries preceding it, and the years 1997, 1995 and 1990 were the warmest since1400 AD. Michael Mann, a climatologist at the University of...
Gary Coleman, Hate Criminal?
“You Black People are all alike.” After allegedly making that remark, former child actor Gary Coleman (“Different Strokes”) stands accused of repeatedly striking an autograph seeker. Coleman, a 30-year-old black man, now a security guard,...
Pay Equity is a Bigoted Assault on “Human Rights”
The Canadian Human Rights Tribunal recently ruled that the Canadian Government must pay roughly 200,000 former and current civil servants, mostly women, up to 13 years in back-pay because of alleged discrimination against female-dominated job classifications....
Canada’s Reform Party Abandons Principles for Power
Preston Manning, leader of the Reform Party, Canada’s official opposition party, wants to dethrone the ruling Liberal Party in the next election. However, Manning’s party is branded “right-wing” — a label not sufficiently popular with...
Sex, Lies, Politics, and Clinton
Monica Lewinsky is reported to have testified before a grand jury that President Bill Clinton did have sexual relations with her. Given that Clinton lied in 1992 about having extramarital sex with Gennifer Flowers, in order to get elected, who can be surprised that he...
The “Evils” of the Freedom
“CONSUMERS ARE GETTING WALLOPED,” said New York Republican Senator Alfonse D’Amato at a recent Congressional hearing. The issue? Fraud? No. Theft? Nope. Answer: “double charges.” See, some banks charge their customers for using another...
Advising the Advisors: The President’s Commission on Race
The President’s Commission on Race recently suggested three things: a minimum wage hike, better media images for minorities, and that Americans should learn a foreign language. My advice to the Commission? Take Economics 101. David Duke starts a company. David...
“Mandatory” Volunteerism: An Interview with Paul Saunders
Paul Saunders has been the President of Citizens Against Mandatory Service since its formation in 1990. Paul earned a Bachelor of Science degree in Chemical Engineering from the University of Massachusetts in 1970 and a Masters of Science degree in Chemical...
“Perfect” Competition versus Freedom of Competition
On May 18, 1998, the U.S. Justice Department, 20 states and Washington, D.C., formally filed antitrust lawsuits against Microsoft. During a press conference, U.S. Assistant Attorney General Joel Klein and several state attorney generals painted Microsoft as an enemy...
G8 and J18: The Carnivals Against Capitalism
June 18th, 1999 was to be a momentous day for global economic progress. It marked the start of the annual “G8” economic summit in Germany. The leaders of the world’s seven wealthiest industrialized countries, plus Russia, gathered to propose...
Camille Cosby’s Carelessness
Camille Cosby, the day after the conviction of the man accused of murdering her son, wrote an astonishing article published in “USA Today.” It begins, “I believe America taught our son’s killer to hate African-Americans. After Mikhail Markhasev...
The Republicans Fail Freedom Again
During the debates over the recently defeated McCain tobacco bill, Republicans again demonstrated why they’re incompetent to defend freedom. …to allegedly “protect children,” government was to intensify its violation of individual rights by...
Bury the “Extremism” Smear at Barry Goldwater’s Funeral
Barry Goldwater, in his 1964 speech accepting the Republican Party’s nomination to run for president, responded to repeated accusations of “extremism” as follows: “I would remind you that extremism in the defense of liberty is no vice! And let...
Charlton “Moses” Heston Mugged
Unleash the Trash! When the National Rifle Association elected actor Charlton Heston president, the anti-gun crowd pulled out the long knives quicker than you could say “Ken Starr.” Time magazine weighed in with the cover story on guns. The cover? A large...
National Organization for Women, R.I.P.
The National Organization for Women, RIP. This organization, AWOL on Paula Jones/Kathleen Willey/Monica Lewinsky/Dolly Kyle Browning, introduces a new and worthy target: Leonardo DiCaprio. That’s right, the star of “Titanic.” That Leonardo DiCaprio....
Racial Insensitivy
Which is Worse? “(Blacks) may not have some of the necessities to be, let’s say, a field manager, or perhaps a general manager.” — former Dodger general manager Al Campanis in 1987 on ABC’s “Nightline” Or...
The Mantra of Many Black Leaders
Jasper, Texas — Along with Rosewood, the Tuskegee Experiment, the murder of Emmett Till and the beating of Rodney King, Jasper shows that “racism is alive and well in America.” That, at least, remains the mantra of many black leaders. In Jasper,...
Clarence Thomas: Victim of Racism…by Blacks?
For its July Luncheon in Memphis, Tenn., the black National Bar Association invites Supreme Court Justice Clarence Thomas to speak. But wait! The judicial branch of the association later votes 12-3 to rescind the invitation. A member tells the Richmond, Va.,...
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