Question: What is "eating away at the fabric of democracy"? According to Democratic Presidential candidate Bill Bradley, the answer is the impact of special interest money on campaign finance. Ditto for Republican presidential candidate Sen. John McCain, for whom...
Part 3 of 6 in a Series of articles on Capitalism, Free-competition, Antitrust, and MicrosoftThe following article is an adaptation of a lecture Mr. Salsman gave at Harvard University, in May of 1999. The print version has been edited lightly in order to retain it's...
Forget the Lindbergh Kidnapping. The Crime of the Century is Judge Thomas Penfield Jackson's Finding of "Fact" against Microsoft. The 207 page condemnation of Microsoft as a "monopoly" that "hurts consumers," is one of the most egregious violations of individual...
"I was spellbound." A black minister, attending a speech by Democratic presidential candidate Bill Bradley, made this gushing assessment. Bradley addressed 150 black ministers in Los Angeles, at an annual meeting of the Congress of National Black Churches. What caused...
Q. Is it immoral for an Objectivist to join a political party? Why doesn't the Ayn Rand Institute have its own political party? A. It is not immoral to join a political party, although given the state of the major parties today, it may well be. The reason for this is...
For years the socialists have been claiming that England should join the single European currency (the Euro) and should follow a central economic policy as voted by all 15 nations. England, we are told, faces dire economic woes if it fails to join the economic "party"...
On July 4, the US celebrated its 223rd birthday with hot dogs, cotton candy, ice-cream and fireworks. There was much self-congratulation but few tributes to the day's real meaning. July 4, 1776 was the day the Continental Congress approved and signed the Declaration...
What do the World Trade Organization protesters, President Clinton, and the Microsoft judge have in common? Answer: an almost appalling ignorance of Economics 101. The World Trade Organization, a consortium of 135 nations, met in Seattle to discuss ways to increase...
By demonizing the good name of health care professionals with unanswerable charges, the NAS is blaming alleged problems of the current system on a free market and commercial interests, and advancing the cause of a centralized, socialist health care system.
"Exodus of female recruits signals trouble for military!" "Military women less likely to advance!" A new Defense Department study on bias in the military prompted these hysterical headlines. For those who thought the military an example of growing fairness and...
I've seen numerous broadcasts of news programs on CCTV (the Chinese State-controlled TV channel) via satellite transmission. Even without the benefit of English translation, it is obvious that many of the "news" shows are little more than propaganda--pieces deployed...
Richard M. Salsman is president and chief market strategist of InterMarket Forecasting, which provides quantitative research and forecasts to guide the asset allocation decisions of pension sponsors, mutual funds, banks, hedge funds, and investment managers. He...
Well, at least it's not about race. Reverend Jackson intervened on behalf of seven black Decatur, Illinois, high school students, expelled for inciting a brawl at a high school football game. "This isn't about black and white," he insists, "but wrong and right."...
The Canadian health care system of single-payer, socialized insurance is in trouble. Now, thanks to the ignorance and cowardice of our politicians, the American system is moving in the same direction. A growing number of Canadian doctors, angry at irrational...
In an ideal world, the reporter would have been Jim Gray-ed. Instead, Andy Hiller, a reporter for WHDH-TV, the NBC station in Boston, got big headlines. He asked GOP candidate George W. Bush a series of four questions. Name the heads, asked Hiller, of the following...
It's on. The Centers for Disease Control and Prevention just released a new study. Americans, say the CDC, face a new epidemic -- fat people. The CDC calls nearly 18 percent of Americans "obese," meaning that nearly one in five of us weighs more than 30 percent above...
“Racial identity” erects an unbridgeable gulf between people, as though they were different species, with nothing fundamental in common.
The new year begins as employees begin a process called open enrollment--when many employees designate a health plan through their employer. Unfortunately, most are forced to enroll in a managed care plan, i.e., an HMO or PPO. That's right: force actually lies at the...
Imagine interviewing Noah without bringing up the flood. Baseball sports fans apparently expected that of NBC news reporter Jim Gray when he interviewed Pete Rose. Before the second game of the World Series, Gray interviewed Pete Rose, a member of the so-called...
Last week, the New York Times covered two recent "purchases" that demonstrate new lows in the realm of political real estate. One year ago, former Ukrainian Prime Minister, Pavlo Lazarenko, paid $6.75 million in cash for Eddie Murphy's 41-room mansion in Marin County,...
A Los Angeles police officer, earlier this year, shot and killed a 54 year-old, black, homeless and, apparently, mentally ill woman. Two officers observed Margaret Mitchell pushing a shopping cart down the street, and stopped to question her as to the ownership of the...
AFCM's advertisements and brochure begin with the phrase, “The crisis in American health care is not one of quality.” If a recent New York Times article (10/19) is true, this will soon change. “In a break from three decades of Medicare policy, the Clinton...
"The Secrets of the SAT," a PBS "Frontline" special, aired a few weeks ago. For sixty minutes, with virtually no "experts" offering opposing views, the show attacked the Scholastic Aptitude Test, required by most colleges. Opponents of the SAT, or those who seek to...
Good government? Isn't that an oxymoron? Many today believe so. Who can blame them? Our political system has increasingly become a chaotic jungle driven by competing pressure groups ("special interests") seeking special "favours" and handouts from government....
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