“It’s not even a theory; it is a theology.” So Nouriel Roubini, with his best Strangelovian inflection, describes the gold standard to Yahoo Finance’s The Daily Ticker, and in doing so displays shocking ignorance of the gold standard and either the work of Ben Bernanke or a presumption that the rest of the world is […]
“Once one starts thinking about [actions to accelerate economic growth], it is hard to think about anything else.” — Nobel Economic Laureate Robert Lucas The Supercommittee, if rumor, speculation and common sense can be credited, now will shirk its role as political suicide bomber. The Supercommittee was created in a fit of ambiguous revulsion against […]
This column debuted a year ago and proceeded to make a troubling announcement: World peace has broken out. The political implications of world peace are dramatic — but difficult to credit. A year later, however, the Annunciation of the Peace has turned into something of a cottage industry. The AP’s Seth Borenstein reports: We’ve never […]
Does this government represent you? 78% of us say that America is on the wrong track. Only 15%, near an historic low, feel America is headed in the right direction. This implies that a supermajority says that their intention, their well being, and their very dignity are being violated. The “ruling junta” governing the U.S. […]
Earlier this month, much to the delight of big-government loving individuals from the left and right, Rep. Frank Wolf (R-Va.) made a failed character-assassination attempt on anti-tax crusader Grover Norquist. Were it not for the immunity granted to all statements on the floor of the House Wolf’s offensive slurs just might have amounted, legally, to […]
Last Wednesday, Occupy Wall Street, known at Twitter as #OWS, surged, thanks to a boost from MoveOn.org, to 15,000 souls. That same day, former White House Green Jobs Czar Van Jones rallied hundreds at the Capitol. Smaller demonstrations have been reported in 50 cities. Also on Wednesday the Heritage Foundation commenced an effort to tackle […]
An old acquaintance of mine, a passionate progressive, gave away the game in a recent conversation when he said, contemptuously, “Your people (by which he meant the Tea Party) are idiots for fetishizing the Constitution. Everybody knows that it’s just an artifact.” A stunning proposition and stated with such refreshing candor. Does the Constitution still […]
A new, potentially, game-changing factor has crept into the GOP presidential race. It used to be enough to win the pro-life caucus goers and primary voters to be for overturning Roe. That may be about to change. If it does, all bets on whether Mitt Romney and Rick Perry will remain front-runners are off. Why […]
