A beautiful young woman vanishes. For months, her family searches in vain. They suspect her boyfriend, a secretive and arrogant older man who is active in public life. But his friends, including many famous members of the political and cultural elite, refuse to...
POLITICS
A Recession-Proof Tech Stock?
My favorite stock in The Luskin Report's model portfolios is Numerical Technologies. Now that I'm not running Other People's Money in a mutual fund anymore, I'm free to buy individual stocks in my account for the first time in almost two years. Numerical Technologies...
Bush Rightfully “Disses” the Collectivist NAACP
"I was surprised, President Clinton came every year but one, and then he sent Al Gore in his place," says an official with the NAACP upon learning that President George W. Bush declined to speak at the organization's annual meeting. Hold the phone. How dare he? Just...
The U.S. Economy is in a “Recession”
My hopes that the markets had reached a secondary bottom last week were completely dashed Wednesday and yesterday, as the bad news came pouring out like blood from an open wound. The charts of all the broad indices have completely ruptured. Yesterday's cavalcade of...
Say No to Federal Funding for Stem-Cell Research
President George W. Bush just approved funding for limited embryonic stem-cell research. And he recently praised the 11-year-old Americans with Disabilities Act. Bad calls. Bush banned federal funds for cloning or for embryonic stem cells created solely for the...
The Upside- Down War
For 10 months, Yasser Arafat and his legions of rioters and terrorists have been waging a war against Israel. Now it looks as if Israel will finally choose to fight that war. Faced with a new wave of terror attacks, Israel is now weighing whether to invade the West...
Extend Tax-Free Holidays to the Rest of the Year
My daughter's still in diapers, but I'm taking her "back-to-school" shopping this week. Here in Maryland, politicians have established a tax-free, retail holiday to pander to the soccer-mom crowd. The trend was started in New York and copied in Connecticut, Florida,...
The Autism Dragnet: Department of Education Rule 51
The U.S. Department of Education and the National Institutes of Health have launched a campaign to get a government program created to "identify" children with autism at age two and then subject them to "intensive" early intervention for 25 hours a week or more. It...
Due Process vs. Mob-Rule: The McVeigh Execution is not a Lynching, But an Act Of Justice
Like many other people, Bud Welch lost a member of his family -- his daughter Julie -- when Timothy McVeigh bombed the federal building in Oklahoma City. Unlike most of the others, Welch opposes the death penalty, even for McVeigh, and is willing to say so publicly....
Anti-Capitalist Politically Correct Journalism at The Wall Street Journal
Last month, a front-page story about minimum wages in The Wall Street Journal illustrates what is wrong with contemporary journalism as much as it illustrates anything about the minimum wage law. The first nine paragraphs deal with one individual who is wholly...
Deflation In the Spotlight At Last
Comments and questions continue to flood in about deflation. After months of writing about it the subject is finally getting real traction. You read about it in the mainstream financial press and hear about it on CNBC almost every day now. So let's get to some of the...
The FED, Alan Greenspan, and Ayn Rand
I've written a lot about deflation over the last three or four months. But yesterday's column on it, published here, got me an especially big flood of responses. One especially interesting one came by email, and I'm going to reproduce it here, and respond to it point...
The New Language
Language is never static because in the process of progress, new words emerge for new tools and concepts. Some of today's new language, like cosmetics, conceal and confuse. Since I've been on earth a sufficient interval of time to see some of this, let's look at it....
Made in Japan
Remember all those books in the 1980s about "kaizen," "kanban," "keiretsu" and all the other secrets of Japanese management that were supposed to save American industry? Well, it must have worked -- and perhaps too well. Because American industry is back on top of the...
Cronyism 101: The Perks of Being “Disadvantaged”
The "Disadvantaged Business Enterprise" program, run by the U.S. Department of Transportation and adopted by states and cities across the country, is one of the most atrociously corrupt government endeavors in existence. Opportunists of all colors have used the racial...
The Creativity-Knowledge Dichotomy
I saw a bumpersticker the other day which said, "Creativity Is More Important Than Knowledge." What an excellent example of utterly wrong thinking! You can't separate creativity from knowledge. The two are intertwined. Generally speaking, greater amounts of knowledge...
George W. Bush is His Father’s Son
[CAPITALISM MAGAZINE.COM] President George W. Bush is his father's son. In place of principle -- right or wrong -- we see waffling. His recent approach to the stem-cell research debate illustrates this fact eloquently. The President came up with a decision designed to...
Supply Chain 101
I find that my expertise as a supply chain management consultant helps me a great deal with my investing strategy. These days, a lot of brokerages -- Morgan Stanley, Salamon Smith Barney, and Prudential to name a few -- are getting excited about the semi-conductor...
“Fixing” Social Security
As Congress debates "fixing" the Ponzi scheme we call Social Security, consider a few things: Congress established Social Security with a little-known loophole, allowing states and municipalities to exempt their public employees from Social Security. In 1981, two...
Inside the Crime: Why is Chandra Levy Missing?
One of the clues in the Chandra Levy case that may have been dismissed too quickly was a call to the police on the morning of her disappearance, reporting a woman's scream heard in the building where she lived. This seems to have been disregarded as an unrelated event...
Is Al Gore Manning the Bush EPA?
When the Bush administration lands on the same side of an issue as The New York Times editorial board, Sen. Hillary Clinton and the Sierra Club, it's time to clear out the cockpit. The administration's latest junk science decision should cause Bush supporters to...
President Bush’s Biotechnology Blinders
The president's recent decision on embryonic stem cell research has been described in most reports as a compromise that balances the views of scientists, who want to move forward unrestrictedly, against the views of the religious right, who call for a total ban on...
The Real Problem About Congressman Gary Condit is Not Chandra Levy
The latest political spin is that we should shift our focus away from Congressman Gary Condit and concentrate on finding Chandra Levy. But what we really need to do -- and urgently -- is begin to shift our focus away from Chandra Levy and look much more closely and...
Make Welfare Mothers Work
In the spring of 1994, the last full year of welfare as we knew it, 112,000 Massachusetts families were on the dole. In the spring of 2001, the caseload stands at 41,500 -- a reduction of 63 percent. So spectacular has the success of welfare reform been that it is...
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