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December 15, 2008
News by its very nature is unpredictable. Too bad many journalists don’t seem to understand that fact.
Ever since gasoline prices began a wild ride in 2004, the media have been obsessed with predicting future energy prices. Gasoline, we were told,…
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December 10, 2008
A new TV program, loosely swiped from a TV show of long ago, debuts tonight on Fox. As I understand it, in “The Secret Millionaire” we will see millionaires go undercover, work for a week in some poorly paid job and live as the oppressed…
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December 10, 2008
When the media aren’t talking about the bailout, they’re talking jobs. They should be. Job losses and unemployment are up. A year into what we just heard is an official recession, unemployment hit 6.7 percent. That’s the highest for the Bush…
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December 4, 2008
Friedrich Hayek wrote of the importance of what he called the rule of law over the rule of man. His point was that in order to be free to act according to our own plans we must know what the rules of the game are, for what reason they are…
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December 3, 2008
Investment analyst John Rutledge on Nov. 22 offered “Forbes on Fox” the most succinct argument in favor of divided government I’ve heard: if a mugger is chasing you, you hope he’s slow. President Obama, the Pelosians and other Dems in full,…
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December 2, 2008
When Barack Obama touted his plan to “spread the wealth around,” conservatives worried about the creep of Socialism – or Socialist creeps – coming to Washington. But as millions of zealous Obama worshippers prepare to invade the nation’s…
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November 26, 2008
Have you noticed that the media largely fail to connect the dots between related events?
In all the reporting on the auto industry’s ills, little is said about the government as the chief cause. Politicians holler at auto executives in…
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November 26, 2008
The best defense, the saying goes, is a good offense. In the case of the Big Three automakers, their offense is defense. Chrysler, GM and Ford are pushing for a $25-billion bridge loan by claiming the collapse of their industry would harm…
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November 19, 2008
The news media have, for two weeks, endlessly expressed outrage at AIG’s spending several hundred thousand dollars on a sales conference held at a Phoenix resort – after getting federal bailout billions. The impression conveyed has been that…
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November 19, 2008
When America battled for economic supremacy against Taiwan, Japan, Germany and others, many of us adopted a patriotic battle cry. “Buy American!” we exclaimed and many of us did.
In 2008 we are still buying American, but that phrase has…