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August 28, 2008
The American economy is a “disaster.” The media have been singing that song for at least a year. When a presidential candidate recites the refrain, it’s news. Or it should be. But in the election of 2008, such a ridiculous claim…
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August 27, 2008
Often we see headlines about inflation and hear financial analysts commenting on it. “Good Morning America’s” Chris Cuomo warned on August 21 that “America is waking up to nationwide sticker shock, an unexpected spike in inflation now at a 17-…
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August 21, 2008
It is a matter of liberal orthodoxy that abortion is all about choice. Nothing could be further from the truth. Liberals support choice when it’s choice they agree with. The second that changes, they call for government mandates. No…
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August 13, 2008
“Welcome to the four-day working week,” with apologies to Elvis Costello. That’s right, the four-day work week has arrived – at least according to the media and assorted politicians. High gas prices have given way to a new kind of highway…
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August 6, 2008
Six years. That’s how long it took for the Fannie Mae/Freddie Mac crisis to grow from warning sign to $25-billion bailout. In most cases, six years is ample warning. We won WWII in less time. But when The Wall Street Journal compared…
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August 13, 2008
It is not unusual for nations hosting the Olympic Games to orchestrate a false charm for visiting athletes and spectators, and most of all for the media. This typically extends to covering up graffiti and chasing the homeless from the streets.…
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August 6, 2008
Julius Caesar’s decision to cross the river Rubicon touched off three years of bloodshed and strife that changed the Roman world. So it is (in less dramatic fashion) with the decisions Congress will make about whether and how to bail out Fannie…
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July 16, 2008
Politicians and pundits are crying about the economy, from oil prices to housing and the U.S. dollar. But they rarely pause to consider how we arrived at our situation, as they call for more government help and often for the Federal Reserve to…
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July 3, 2008
On my desk is a book of the hundred greatest political speeches in American history. I am always struck by how harsh they were. The speeches were rough-and-tumble and politically incorrect by today’s standards.
In those days, candidates…
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June 18, 2008
“We’re going to scare you to death.”
That’s not the advertising slogan for “Saw XVII.” It might well be the motto of modern journalism. “If it bleeds, it leads” has always been a news motto. Somewhere along the way, news went from public…
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