POLITICS

How Charlie Kirk Inspired a Generation

America was founded on the principle that we are free to disagree, and Charlie embodied that. Through respectful debate, he showed that people of all backgrounds and beliefs can stand firm in their convictions while still recognizing one another’s humanity. He lived that belief every single day.

Poisonous Politics: Arsenic in the Water

Poisonous Politics: Arsenic in the Water

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...

Lessons From Luber’s Beige Book of Investor Psychology

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...

Stop Looking for Catalysts — This Isn’t Chemistry Class

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...

Recent Warming is Not Historically Unique

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’s Problem with Prejudice

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...

The Next Interest Rate Cut Counts

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...

The Case of Dell: Does a Company Own Its Customers?

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...

A Lower Debt Should Not Come Before Lower Taxes

Lowering the debt is a good idea--President Bush would reduce it to $818 billion by 2011--but a lower debt shouldn't come before lower taxes. Can you feel the beat? It's the sound of Washington liberals banging the national-debt drum to drown out the conservative...

Putin’s Choice Over the Future of Russia

The expulsion of Russian intelligence officers and diplomats by the Bush administration did not kick off a new Cold War, but it is a symptom of deteriorating U.S.-Russian relations. Moscow stands to lose much more than Washington if the relationship goes sour. Senior...

Learning from the Money Masters

Last week I noted in this space that while many Internet companies have crashed and burned, the Internet itself is soaring to new heights. Some 100 million new users worldwide are coming online each year, e-mail traffic continues to explode, and people and companies...

The Bankrupt Reparations Movement

The Bankrupt Reparations Movement

The reparations for slavery movement got an airing on a recent "60 Minutes." America, argue several "black leaders," owes reparations to blacks for the enslavement and forced labor of black ancestors. America's "black plight," they insist, stems from slavery -- that...

The Facts vs. “Campaign Finance Reform” Fictions

The Facts vs. “Campaign Finance Reform” Fictions

To crusaders for "campaign finance reform," as with many other political crusaders, the facts simply do not matter. What matters is their vision -- and winning. Facts can be left to others. Most of the arguments for campaign finance reform cannot stand up to the...

How Arafat Killed The “Peace Process”

The election of Israeli Prime Minister Ariel Sharon in February prompted much hysteria in the Arab world -- and hand-wringing in Washington -- over Sharon's "commitment" to the "peace process." Ever wonder why the same standards don't seem to apply to Palestinian...

Truth vs. Words on China

It looks as though we've won. Officials inside and outside the Bush administration are hailing China's positive response to our carefully crafted letter of regret as validation of the President's "quiet diplomacy." The truth, however, is quite different.The moral...

The McCain-Feingold Indian Giving Loophole

deep-pocketed special interest group remains curiously silent amid the furor over campaign finance "reform": Indian tribes. Why? You might think tribal leaders would be swarming Capitol Hill, joining other business groups and trade associations that are rightly...

Grade Padding at Harvard University

Our colleges are losing touch with reality. The padded grades they're giving out don't help our students. Harvey C. Mansfield teaches political philosophy at Harvard University. And if there were a class in "how to get yourself into trouble with your bosses and your...

Devaluation is Not the Answer

In the past few months, I've noticed a disturbing shift in attitude towards currency devaluation. An increasing number of economists and journalists are making comments approving currency devaluation as a way to boost economies and "gain competitiveness." Some...

Who Cares For A Green Latte at Starbucks?

On March 20th, environmentalist activists besieged Starbucks cafes all over the country. Their goal? To impose on the company, and on us, coffee lovers, their own idea of which ingredients should go into our lattes and cappuccinos. This latest campaign, organized by...

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