A report Tuesday from Steve Galbraith, strategist at Morgan Stanley, slashed his 2001 earnings forecast for the S&P 500 from $51 to $46 -- about a 10% cut. But from the 1092 S&P close the day before the September 11 terrorist attack through the 1003 close last...
POLITICS
Self Defense is Job One
"Well, I just think that you're painting a horrible picture of what we're about," said Senator Barbara Boxer, D-Calif., in response to the question I asked last week. My question that provoked such an indignant response? "Senator," I said, "I heard one of the news...
The “Trickle Down” Economics Straw Man
Among the suggestions being made for getting the American economy moving up again is a reduction in the capital gains tax. But any such suggestion makes people on the left go ballistic. It is "trickle down" economics, they cry. Liberals claim that those who favor tax...
Mandatory National ID Cards….for our politicians
Crisis is good for statist-leaning governments such as ours because it affords them the opportunity to package new oppressions under the guise of needed security. Lately, we've been treated to the idea of a national ID card so our police can tell good guys from bad...
Superfluous Airport Safety Regulations
Secretary of Transportation Norman Y. Mineta, Czar Norman, has ordered new, ill-thought out, oppressive airline regulations in the wake of recent terrorist attacks. Among them: a ban on knives -- plastic or steel -- anywhere in the airport and on airplanes, even in...
Justice and Self-Defense: On a Military Response to Terrorist Attacks
The case for large-scale, decisive US military action in response to the Sept. 11th massacres is two-fold: justice and self-defense. Justice consists of treating people as they deserve. It is exercised by rewarding and encouraging the good in others and by punishing...
Is Your Personal Computer Protected From Terrorists?
Remember the movie Die Hard? At one point in the movie, Takagi (James Shigeta) says to Hans Gruber (Alan Rickman), "You want money? What kind of terrorists are you?" To which Gruber replies in one of the more memorable quotes from the movie, "Who said we were...
The Lessons of War
Now that we have officially more or less committed ourselves to war, many will now object that this mission poses too many strategic pitfalls -- that the Middle East is a vast quagmire, that the enemy is too elusive, that this will be "another Vietnam." As always,...
Pacifism on Principle is Suicide
Although most Americans seem to understand the gravity of the situation that terrorism has put us in -- and the need for some serious military response, even if that means dangers to the lives of us all -- there are still those who insist on posturing, while on the...
Nihilism and the War Against Western Civilization
The attack of September 11, 2001 was only one incident in a concerted war on western civilization. The attackers are united not by any organized conspiracy, but by a common hatred, and a common desire. Their hatred is of life and their desire is death. The attack...
Berkeley vs. America
President Bush urged citizens this week to go back to work and try to restore normalcy to their everyday lives. Accordingly, the People's Republic of Berkeley, Calif., wasted no time in returning to its business as usual: stifling political dissent under the guise of...
The Spirit of the Twin Towers Still Stands
When I lived in New York, I could look up at any hour of the day or night and see the World Trade Center. I took comfort in its presence and the knowledge that American freedom and the ideals of capitalism were hard at work. Especially at night, to look up and see the...
The Immorality of a Self-Defense Consensus
The enemy of September 11, 2001 is not a military foe boastful of his power. It is a tiny rat that hides under a rug in the free country it wants to destroy. That America asked for the co-operation of the world to exterminate this rat is the consequence of a grave...
An American Peace: How to Win the War Against Terrorism
After over twenty years of unpunished terrorist violence against American servicemen and civilians that culminated in a September 11th attack on the Pentagon and World Trade Center more destructive than Pearl Harbor, the Bush administration has declared a world war...
How the New “Tolerance” Helps Sanction Terrorism
On the eleventh of September, terrorists killed thousands of civilians and leveled the most prominent structure in New York's majestic skyline, but they did not declare war on the United States that day. They'd done that decades ago. In response, Americans have...
A History Lesson for Bin Laden and His Arab Islamic Terrorist-Victimcrats
We "need to understand the mind of a terrorist," goes the refrain. No, we do not need to understand the mind of a terrorist so much as we need to understand the mind of an Arab Islamic "terrorist-victimcrat." Following the bombings of two American embassies in Africa,...
Responding To Terrorism
He who turns the other cheek deserves what happens to it.
Let’s Roll
The most horrible terrorist attack in history brought with it a seemingly unanswerable question: Why? And as the dust from the destruction has settled, we are forced to face another, more pressing question: What should we do? The victims held the answers to both...
Understanding Terrorism
Statement of former Israeli Prime Minister Netanyahu before the Government Reform Committee, September 20, 2001: Chairman Burton, Distinguished Representatives, I want to thank you for inviting me to appear before you today. I feel a profound responsibility addressing...
Hatred of Western Civilization: Why Terrorists Attacked America
To the students of Ashland University: university teachers have wide latitude in their choice and presentation of subjects. In America university courses have been presented about Black Hair, Oprah Winfrey, and the Social Life of Snails. I see no reason why I should...
Wars and The Stock Market
What will happen if calling Tuesday's attack an "act of war" ends up being more than an evocative metaphor? What if it really turns out to be just the first battle in a prolonged global conflict? What if it turns out to be -- not to be overly dramatic here, folks, but...
No More Terrorist Welcome Mat
Our Statue of Liberty stands stalwart in New York harbor, her head unbowed and torch aloft. For more than a century, she has generously welcomed the tired, poor, and huddled masses. But now, with the ashes of anti-American terrorism at her feet, it is time for Lady...
We are all Israelis Now
The day after last Tuesday's bombings, the headline of the French newspaper Le Monde declared: "We are all Americans now." It was an extraordinary gesture, especially from the French and especially from Le Monde. But the more appropriate headline, both in Europe and...
Letters: “Innocents” of War new!
The so-called "innocents" of war Nobody now can rationally believe that Islamic terrorists will not use weapons of mass destruction against innocent people, weapons they have been busy acquiring. Terrorism of this magnitude will remain a serious threat as long as...
Subscribe for free.
Read by students, professors, and citizens, Capitalism Magazine provides over 9,000 free to read articles and essays from pro-reason, individual rights perspective.
No spam. Unsubscribe anytime.