POLITICS

The basic and crucial political issue of our age is: capitalism versus socialism, or freedom versus statism. For decades, this issue has been silenced, suppressed, evaded, and hidden under the foggy, undefined rubber-terms of “conservatism” and “liberalism” which had lost their original meaning and could be stretched to mean all things to all men. – AYN RAND

How To Make Medical Care Affordable

Rather than create more government subsidies, policymakers should eliminate supply-side regulations that reduce price competition and affordability.

Letters to the Editor: July 2005

G8 Aids Terrorism Dear Editor: The G8 leaders' decision to give billions of dollars to the Palestinian Authority in the aftermath of the terrorist bombings in London will only encourage more terrorism. A large portion of this money will no doubt find its way into the...

Corporation for Public Broadcasting

While the nation debates the future of Corporation for Public Broadcasting, I have one question: Is it becoming increasingly obvious to anyone else that there are moral and practical flaws in a publicly financed media? Since its inception in 1967, the Corporation for...

The Sex Education False Dichotomy

MSNBC.com is reporting, "a leading group of pediatricians says teenagers need access to birth control and emergency contraception, not the abstinence-only approach to sex education favored by religious groups and President Bush." I think both sides are wrong. It's a...

The Destruction of “Social Security”

The Destruction of “Social Security”

It is time Americans stop fearing self-reliance and start taking personal responsibility for their finances. It is also time the government stops patronizingly telling them they won’t survive on their own.

Random thoughts for July 2005

Random thoughts for July 2005

Random thoughts on the passing scene: Usually I like four-star hotels better than five-star hotels. The four-star hotels tend to be comfortable and attractive places with amenities, but without the pretentiousness and fussiness of five-star hotels. It is amazing how...

CNOOC Acquiring Unocal: What’s All The Fuss?

What's all the fuss? An energy company based in Hong Kong called CNOOC, Ltd. -- small by international standards -- a few weeks ago bid $18.5 billion in cash to buy another small energy company, Unocal, based in California. The bid was nearly $2 billion higher than a...

Not Strictly Business: China’s Bid to Buy Unocal

It's a heck of an offer. In an 11th hour bid to buy Unocal, China's state-run CNOOC Ltd. offered $19.6 billion, cash, for America's ninth largest oil company. That's a lot of yuan in anybody's book. For CNOOC, it's downright staggering. If accepted, the deal would put...

Freedom, Not Foreign Aid, For Africa

British Prime Minister Tony Blair is pressuring the rich nations of the world to give more foreign aid to Africa -- to the tune of $25 billion a year by 2010. The U.S. already gave $3.2 billion last year. In the wake of this pressure, we might ask ourselves whether...

The Tragedy of Africa: Foreign Aid and Debt Forgiveness

The Tragedy of Africa: Foreign Aid and Debt Forgiveness

The official declarations coming out of the G8 meetings in Scotland, as well as the raucous demonstrations surrounding those meetings, talk about saving Africa. But, looking back over the decades and generations, Africa has been "saved" so many times that you have to...

The London Terrorist Attacks and the Stock Market

Why did stocks finish the day higher after Thursday's tragic terrorist bombings in London? There are several very simple reasons. To begin with, the market wasn't surprised. Ever since September 11, 2001, markets have been braced for terrorist attacks.London knows as...

Pro-Israel Palestinians

For all their rhetoric about Israel's "vicious" and "brutal" occupation, Palestinian Arabs -- including their leaders -- sometimes let down their guard and acknowledge how they prefer Israel to the Palestinian Authority. Here are some recurring themes: Restraints on...

Palestinians Who Cling to Israel

Israel's interior minister recently declared that after their release from long jail sentences, four Palestinian Arabs convicted of helping with suicide bombings in 2002, killing 35, will be expelled from Israel. They would, the Associated Press reported, "lose the...

Black Rednecks and White Liberals: Who’s a Redneck?

Black Rednecks and White Liberals: Who’s a Redneck?

In this era, when indignation has replaced thought for many people, it should not be surprising that the very title of my book "Black Rednecks and White Liberals" should have provoked angry reactions and bitter denunciations, even from people who never read it. Some...

Lessons for the Terrorist Attacks in London

The attack on London demonstrates, once again, that terrorists are not afraid. In order to understand why, you have to suspend all diplomacy and political correctness for a moment. Fanatical religious terrorists are people who are not afraid of dying because they...

Judicial Havoc, Part 3

Judicial Havoc, Part 3

In addition to the havoc wrought by the judiciary in our times, there is the havoc wrought on the judiciary itself by others. Some have blamed the murders of a judge not long ago, and the murder of another judge's family, on critics of judicial activism. But, in each...

Judicial Havoc, Part 2

Judicial Havoc, Part 2

When it comes to judicial nominees, especially nominees to the Supreme Court, you might think that the only thing that matters -- the thing that trumps all other considerations -- is whether the nominee is for or against legalized abortions. Many people are too young...

Dependency on Government

William Beach has just written a report for the Washington, D.C.-based Heritage Foundation titled "The 2005 Index of Dependency." Between 1962 and today, American dependence on government has more than doubled and shows little sign of abatement. The growth areas of...

Live 8: Bob Geldof’s Immoral Sense of Entitlement

In the tradition of modern celebrities, Bob Geldof has decided to lecture the world on the virtues of altruism and sacrifice. That lecture is Live 8. The website states that there are, "10 concerts, 100 artists, a million spectators, 2 billion viewers, and 1...

Judicial Havoc

Judicial Havoc

Our era might be described in the famous phrase used to describe the era of the French Revolution -- "the best of times and the worst of times." It is the best of times in terms of life expectancy and a level of economic prosperity exceeding anything our grandparents...

Foreign Law is Not Law

Foreign Law is Not Law

One of the ironies of our time is that economists have been discovering the importance of law, as such -- as distinguished from the specific merits of particular laws -- while judges seem increasingly to be losing sight of the rule of law. "I can hardly imagine any...

Supreme Quotas?

Supreme Quotas?

My reaction to Justice Sandra Day O'Connor's retirement was almost as positive as my reaction in 1981 was negative when the Reagan administration announced that they were going to appoint a woman to the Supreme Court. It wouldn't matter if all nine Justices of the...

Another Nail in the Coffin for Property Rights

The U.S. Supreme Court last week ruled that it's perfectly legitimate for a local government to seize private property, pay a below-market price and hand it over to another private citizen or company that claims it can do more with the property -- i.e., better develop...

“Mainstream” Judges

“Mainstream” Judges

Recent shocking Supreme Court decisions may at least wake up those people who have been saying glibly that the Senate has been spending too much time fighting over judicial nominees, instead of getting back to the "real" issues. What is more real than the Supreme...

Government Confiscates Property

Last week's U.S. Supreme Court 5-4 ruling in Kelo v. New London helps explain the socialist attack on President Bush's nominees to the federal bench. First, let's look at the case. The city government of New London, Conn., has run upon hard times, with residents...

Property Rites

Property Rites

You may own your own home and expect to live there the rest of your life. But keep your bags packed, because the Supreme Court of the United States has decreed that local politicians can take your property away and turn it over to someone else, just by using the magic...

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