President Bush has ordered all federal agencies, before they issue any kind of regulations, to consider their impact on energy supplies, and to expedite permits so that energy projects don't get "snarled in bureaucratic tangles as local governments or entrepreneurs...
POLITICS
‘Price Gouging’ is not the Reason for Rising Energy Prices
To many critics of President Bush's energy plan, the cause of today's energy problems, particularly rising gasoline prices, is something called "price gouging." And what is that? "We know that big oil has played a role in the price spikes and we know they are making...
The American Dream: Why Environmentalists Attack the SUV
The SUV is under attack. Greens say they use too much gas, threaten air quality and contribute pell-mell to the desecration of the environment. So why would anyone build these horrible engines of death? They build them because SUVs have advantages in safety, cargo...
Orchestrating Energy Disaster
One needn't be a rocket scientist to create California's energy problems. According to the California Energy Commission, from 1996 to 1999 electricity demand, stimulated by a booming economy, grew by 12 percent while supply grew by less than 2 percent. Here's how...
Nations United Against Rights
On Friday, Secretary-General Kofi Annan met with congressional leaders to assuage their anger at America's ejection from the UN's Human Rights Commission. The meeting seems to have been a success; it looks as if Republicans in Congress will give up their attempt to...
The Executor’s Song: Part 6, Closing the Estate and Other “Stuff”
Author's Note: This is the sixth and final part of a series of personal finance columns on the subject of being the executor of an estate. These columns are based on my own personal experiences in this regard. Individuals should consult a professional advisor and take...
Basic Economics
Dr. Thomas Sowell has just released his latest treasure -- it's title is "Basic Economics." Reading through the book reminded me of a 30-plus-year-old conversation I had with Professor Armen Alchian, one of my tenacious mentors during my graduate training at UCLA....
Anti-Intellectualism Runs Rampant in U.S. Education
Diane Ravitch research professor at New York University and holds the Brown Chair in Education Studies at the Brookings Institution in Washington, DC and is author of the book Left Back: A Century of Failed School Reforms. Clowes: What prompted you to write Left Back?...
Fire in the “Frankenforest”
A jihad against some of America's best and brightest researchers continues unabated. Arsonists struck again in the Pacific Northwest this week, gutting a University of Washington horticultural lab in Seattle and burning down property at a poplar tree nursery in...
Moody Markets, or Manipulated Markets?
One of the things we often hear about the stock market is that it is an anticipatory animal, meaning that bear markets begin when the economy is good but people fear that things will get worse in the future, and that conversely, bull markets begin when the economy is...
The California Energy Crisis: Once Again Capitalism Takes The Fall For Statism
Politicians and pundits claim that the free market has had its chance and failed, calling for a government takeover of the electric utilities and power plants as the solution. The tragic irony is that California's energy nightmare would have been absolutely impossible...
Jim Jeffords’ Defection and the High Cost of Politics
In the years ahead, more violent criminals may be walking the street, some taking the lives of law-abiding citizens, because someone in the White House couldn't keep his big mouth shut about how they were going to retaliate against Republican Senator Jim Jeffords for...
Patriotism and Pearl Harbor
The hallowed waters that surround the sunken U.S.S. Arizona murmur gently like eternal witnesses to history. There lie 1,102 American crewmen who lost their lives during the Dec. 7, 1941, air raid on Pearl Harbor. Above the ship, like a floating tombstone, rests a...
America’s Descent Into Servitude II
The Texas Legislature is currently considering a bill that will mandate "volunteer" work for all college and university students in the state. The result of this bill will be to introduce "volunteerism" as a component of college education. The grave implications of...
W. Wimps Out on Guns
The "Million" Mom March fell about 999,800 bodies short this year. Rosie O'Donnell, a leading anti-gun loudmouth who emceed last year's march and later sought armed security guards for her own children, was a no-show at the pathetically attended protest in Washington,...
Senator Jim Jeffords and the Power of the Turncoats
Suddenly we find ourselves back in the nightmare world of the pregnant chad. And everything was going so well, too. Whatever you may think of the policies of George W. Bush's new administration, at least it was clanking along pretty well and the political railroads...
Urgent Virus Threat – NOT!
For the third time in two days, I've received an e-mail from some well intentioned idiot warning me of an extremely destructive computer virus for which there is no cure. In each case, it took me about a minute to go to the Symantec web site and learn that the alleged...
The Right to Inhale
On May 14th, the US Supreme Court reached a verdict on the case of U.S. v. Oakland Cannabis Cooperative. By unanimous decision the Court ruled that manufacturers and distributors of marijuana cannot claim the medical needs of their customers as defense against federal...
The Third Rail of Gold
I have touched the third rail, and it is made of gold. For millennia gold has excited mankind's passions, goading us to the heights of achievement and the depths of evil. Now, since I've been writing about gold's role in the international monetary order over the last...
The Coming Telecom Capacity Crunch
In my past column, I explained why a telecom rebound is likely to occur faster than most people expect: the continued explosive demand for bandwidth, the reopening of capital markets courtesy of lower interest rates, increased telecom revenues resulting from price...
T For Two
On Friday investors will have to decide whether to exchange their shares of AT&T for shares of the AT&T Wireless tracking stock. When the big index funds decide, it will move the market. In the exchange offer that expires Friday, AT&T will accept up to 427...
The Executor’s Song: Part 5, Life Insurance, IRA’s, and Real Estate
Author's Note: This is the fifth in a six part series of personal finance columns on the subject of being the executor of an estate. These columns are based on my own personal experiences in this regard. Individuals should consult a professional advisor and take their...
Home-Schooling Under Siege
There's nothing like stiff competition to bring out the worst in government. Nowhere does this prove more true than in the battle between home-schooling parents and public school bureaucrats. In Maryland, local prosecutors are moving forward with a little-noticed case...
Put Broadcast Spectrum Under New Management
Last October, then-President Bill Clinton tried to prod federal regulators to carve out space in the nation's airwaves for the next generation of wireless technology --- technology that promises high-speed Internet access with simple hand-held devices. For Clinton,...
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