Over the last month, we heard numerous discussions about whether granting Permanent Normal Trading Relations (PNTR) to China, in preparation for its entry into the World Trade Organization (WTO), was a good thing or a bad thing. Most who opposed the bill suggested...
POLITICS
“Gender Gap Solution”: Fire The Men!
Fire the Men! The government repeatedly informs us that women remain oppressed in the workforce, earning "only" 76.5 cents on the dollar compared with men doing the "same" work. "Wage discrimination," says Labor Secretary Alexis M. Herman, "remains an unfortunate...
For Five Months Elian Was Free (Part 1 of 2)
The case of Elian Gonzalez is the morality of freedom versus immorality of dictatorship. It is the individual versus the all-powerful state.
The Price of the Clinton Legacy: Leaving America Defenseless?
President Clinton wants, in his final months in office, to strike a major arms control deal with Russia, including a new ABM Treaty that would limit the United States' ability to defend itself against ballistic missile attack.White House officials have openly stated...
Mission Impossible: Shaming a Victicrat
"Don't they have any shame?" thundered Robert De Niro to Congress in "Guilty by Suspicion," a movie about the Hollywood Blacklist. But toe-tag -- don't-confuse-me-with-the-facts -- liberals show absolutely no shame, regret, or remorse, even when proven wrong. Some...
Fully Privatize Social Security: The Looting of Our Retirement Savings Is the Product of Altruism
Presidential candidate George W. Bush recently announced that he would campaign for the partial privatization of Social Security. Under Bush's proposal, taxpayers would be allowed to invest a portion of their Social Security taxes in the stock market.This plan has...
The New Era Nikkei Falls Flat
Last month, the formulators of the Nikkei 225 attempted to update the index in order to reflect the growth of the high-tech sector in the Japanese economy. While editors at the Nihon Keizai newspaper were operating on the belief that the index had become increasingly...
Interview with Nicholas Provenzo of The Center for the Moral Defense of Capitalism
Many people understand that capitalism is a practical means of creating wealth, but few would argue that capitalism is moral.
Greenspan, Interest Rates & Inflation
What do low interest rates have to do with causing the government to inflate the money supply?The link between Fed-manipulated interest rates and the money supply is a direct, causal one. The interest rate in question is the 'Fed Funds rate'. This is the rate that...
Read their lips Hong Kong: “New taxes!”
For the sixth year in a row, Hong Kong has been named the world's freest economy in the Heritage Foundation's annual "Index of Economic Freedom." One of the reasons for this is its low taxes, and what the Hong Kong government boasts on its web site is a "simple and...
Andrew Bernstein on Heroism and Hero Worship, Part 2
CM: Another question for you Dr Andrew Bernstein. Just as when a great artist portrays a simple piece of fruit in a distinctive, compelling way - so that after we've seen his painting we never look at fruit or color or texture in the same way - I wonder whether...
Andrew Bernstein on Heroism and Hero Worship
"The essence of heroism is an unbreached and unbreachable allegiance to the good in the face of any possible form of opposition"--Dr Andrew Bernstein Prodos for Capitalism Magazine: What do these people have in common? Galileo, Thomas Jefferson, Cyrano de Bergerac,...
13 Reasons for the NASDAQ Crash
After the NASDAQ Composite Index slid 33% from March 27th to its dramatic one-day decline on April 14th, most people weren't sure what had happened - or why it happened. The financial press was in an uproar trying to make sense of everything, and even now, dozens of...
Police Scandal: Overreaction Equals Anarchy
"They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety." Ben Franklin's statement remains true today. But the absence of rule of law produces anarchy. In the most far-reaching corruption scandal in its history,...
Husband-Wife Team Fighting for Elian’s Right to Stay in America
Defending Elian’s right to stay in America on the principle of individual rights
Assault Microsoft, Assault the NASDAQ
Earlier this month US District Court Judge Thomas Penfield Jackson issued his "conclusions of law" in the Microsoft antitrust case. BAM! Nearly $90 billion in value was destroyed--at Microsoft alone. The firm's stock plunged 14%. The broader NASDAQ index fell...
Blacks, Hispanics, and Education
An education bill seems to be moving through Congress to some sort of bipartisan consensus. Like many other bipartisan measures, it serves the short-term interests of Democrats and Republicans, not the long-term interests of the public. Despite some largely cosmetic...
Ayn Rand, Smoking, & Atlas Shrugged
Smoking a cigarette was symbolic to Miss Rand. As one character in Atlas Shrugged said, "I like to think of fire held in a man's hand. Fire, a dangerous force, tamed at his fingertips. I often wonder about the hours when a man sits alone, watching the smoke of a...
Guns and Rosie: One Million Moms Marching Against Reason and Logic
On Sunday May 14, as many as 750,000 people, mostly mothers, gathered in Washington, D.C., as part of the Million Mom March. What a tragic collection of emotionally driven, self-righteous but utterly wrongheaded people. These "gun control supporters," as commonly...
Feds Warn: BEER CAUSES STDs
It's official. Beer drinking causes gonorrhea! Don't laugh. The Centers for Disease Control and Prevention just released a study concluding that many young people get drunk before engaging in unprotected sex. Solution? A beer tax. The study found that a 20 cents tax...
Speech on Elian Gonzalez in Washington, D.C., Part 3
...The kidnapping of Elian, of course, had nothing to do with Elian's welfare. The motive of the raid was obviously an attempt by Reno to short-circuit Elian's bid for asylum and to railroad him back to Cuba before he could even have a hearing. She was counting on the...
Speech on Elian Gonzalez in Washington, D.C., Part 2
Cuban parents have been so desperate to save their children that more than 14,000 of them have been smuggled off the island unaccompanied by their parents. To quote from an Amicus brief on the Gonzalez case submitted by the Association for Objective Law: "Cuba is a...
Speech on Elian Gonzalez in Washington, D.C., Part 1
On July 4, 1776 America's Founding Fathers identified the fundamental moral principle on which our country was based. This principle was that every individual possessed the inalienable right to life, liberty and the pursuit of happiness. The Founding Fathers also...
Democrats and the “SHE” Vote
A study at the Annenberg School at the University of Pennsylvania indicated that women know less than men about political issues, economics, and current events.
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