Our betters have been telling us how to live our lives for so long that it is only the next logical step for them to tell us when to die. We have grown so used to meekly accepting their edicts, even on what words we can and cannot use -- "swamp" has virtually...
A number of legislative proposals on Capitol Hill would provide uninsured workers with a tax credit to help them purchase health insurance. The most recent was introduced on March 14 by Senators John Breaux (D-LA) and James Jeffords (R-VT). President Bush has proposed...
Socialism is dead in the former Soviet Union, but if you live in New England, it is alive and well in your grocer's dairy case. The price you pay for a gallon of milk is not determined by competition and the free market. It is set instead by a cartel called the...
Q: You often write that it's a good idea to identify your objectively positive behaviors each day, so that your morale and self-esteem will build. How can you practically go about doing this? A: The single most effective method I know of is to simply summarize, in...
Yesterday the markets thumbed their collective nose at the "Maestro." At Tuesday's close, all the broad indices -- every one of them: the NASDAQ Composite, the S&P 500, the Russell 2000, and the Wilshire Total Market -- were all slightly lower than they were on...
Every time there's a school shooting, there are demands for greater gun control measures that range from longer waiting periods and mandated gun locks to stricter licensing and restricted sales. With all the political posturing and demagoguery that follows, a...
If you're a tech investor and you're feeling a little whiplashed right about now, here's an idea for you: strangle on SOX. I don't mean you should strangle yourself with your socks -- although I admit it's tempting sometimes -- I mean you should consider a particular...
During the '40s, when I attended primary and secondary school, one didn't hear of school shootings. Why? Did we have better laws banning guns in and around schools? Or hadn't guns been invented? Many of today's youngsters begin the school day passing through metal...
If Bush administration officials think they have their hands full shepherding the president's tax-cut package through a closely divided Congress, wait until they turn their full attention to reviving a moribund U.S. trade policy. As U.S. Trade Representative Robert...
Patagonia, maker of "environmentally conscious" sportswear and enemy of conventional agriculture, has issued a "chicken little" alert to its customers over genetically modified crops. Employing the usual bad science and scare tactics, the trendy clothing manufacturer...
The death of Pol Pot, 23 years to the week after he and the Khmer Rouge seized control of Cambodia, occasioned long backward glances at one of the 20th century's most horrific genocides. It was noted everywhere that the communist reign of terror in Cambodia lasted...
Great. Now what. The NASDAQ has logged the best two weeks in its history. All the major market indexes have reinstated back above the long-term trendlines that they broke last month. The Fed has lowered interest rates for the fourth time so far this year. We've gotten...
Leaders of 34 American countries are meeting this weekend in Quebec City at the Summit of the Americas to discuss the establishment of a free trade zone extending from Canada to Chile. A Free Trade Area of the Americas (FTAA) is a top priority of the Bush...
The shooting of a 19-year-old black, unarmed man by a Cincinnati police officer brings the number to 15 -- 15 black males killed by the Cincinnati police since 1995. The latest death occurred on April 7, when a police officer chased and shot Timothy Thomas, a teenager...
Suppose a Hollywood star or a political figure publicly announced that he or she favored making all women and families helpless and defenseless against vicious thugs. Would women cheer and vow their undying support for that person? Yet if you believe the published...
Have you read the comics lately? They're not your father's funny pages, anymore. The superheroes and silly creatures of old have taken a back seat to more politically correct characters -- such as single working women ("Cathy" and "Maxine"), gay teens ("For Better or...
The latest political alarm is about arsenic in our drinking water. Yes, Virginia, there is now, has been in the past, and may forever in the future be arsenic in our drinking water. Obviously not a lot or I wouldn't be writing this and you wouldn't be reading it. As...
Last night I found myself absent-mindedly singing a snippet of a song from Meredith Wilson's song from The Music Man, "The Sadder But Wiser Girl For Me." Only to my surprise, the words came out differently....."A slower and stealthier rally for me." (Of course, I am...
One of the bear market arguments I read this weekend stated that last week's Nasdaq rally was a false rally because there was no catalyst to drive the rally. Well here's another perspective. Every false rally in the Nasdaq over the past six months has been driven by a...
Like leaves on trees the race of man is found,Now green in youth, now withering on the ground:Another race the following spring supplies:They fall successive, and successive rise--Homer, Iliad, Book VI, Line 181 Recent news coverage portrays the twentieth century as...
America faces the threat of a widespread, corrosive prejudice. I am not talking about racial prejudice -- though racial politics has something to do with it. The prejudice I am talking about is aimed at something much broader, much more important than any racial...
From one perspective, this week's rally in the Nasdaq seems incredible. Although pummeled by a barrage of bad earnings and earnings warnings from technology companies last week, the Nasdaq managed to rally for four consecutive days -- the first time this has happened...
What criteria do you use to decide whether or not to invest in a company? P/E ratio? PEG ratio? Price to book ratio? Earnings growth? Revenue growth? Market share? All of these criteria have their appropriate use, but I would like to submit for your consideration...
Cincinnati is burning. Does anyone care? This mid-Western city has been under siege since Monday, its downtown and surrounding suburbs overrun by black demonstrators targeting innocent white bystanders and businesses. Roving thugs have looted dozens of white-owned...
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