US Must Be Consistent Toward China
Pestering China won’t get America anywhere. It must be consistent in its policy of “strategic reassurance”.
United States
Will the Looted Just Shrug?
The reaction to one senator’s temporary block of a welfare bill shows what the welfare state has done to America.
The Summit of Fantasy
The president’s summit on health care revealed major schisms between public policy and reality. Those who feel that they must keep repeating to Americans that their health care is “broken” overlook a more fundamental problem. Most Americans, based on a lifetime of experience, don’t think the medicine practiced by their own physician is broken. So […]
Consumer Protection With Fed “Bad Joke”
Congressman Barney Frank of Massachusetts, chairman of the House Financial Services Committee, is “very disappointed” with the suggestion that a new consumer protection agency might be placed under supervision of the Federal Reserve. The Senate Banking Committee has been working on a financial regulatory reform bill for several months now. A new agency is to […]
You Must Sacrifice
In an article entitled “We The Problem,” Evan Thomas, editor at Newsweek, is trying to establish what’s wrong with his country. The problem isn’t the political system, he writes. “It’s us.” For decades now, Americans have lived “as if there is no tomorrow,” according to Thomas. “They have racked up personal debt, spending more than […]
Forgotten in the Health Care Debate
Proponents of health-care reform in the United States obviously have the patients’ interests at heart. For millions of Americans today, medical treatment is impossible to pay for while the system altogether is growing evermore expensive. The needs of those who can’t afford care are at the forefront, but the wishes of doctors and nurses are […]
Life, Liberty and the Right to Property
Since the 2010 Index of Economic Freedom published by the Washington-based Heritage Foundation and The Wall Street Journal warned that, “Government interventions in financial markets and the automotive sector have raised concerns about expropriation and violation of the contractual rights of shareholders and bondholders” in the United States, it is prudent to explore the necessity […]
The Government in Your Medicine Cabinet
“Why,” John Stossel wonders, “do Americans stand aside and let the state limit our choices, even when we are dying?”
Bernanke Favors Stronger Fed
Appearing before the Senate Banking Committee on Thursday, Ben Bernanke, Chairman of the Federal Reserve, offered an aggressive defense of the central bank’s role in the future supervision of the financial sector. “Stripping the Federal Reserve of supervisory authorities in the light of the recent crisis would be a grave mistake,” he said. The Fed […]
Why We Still Need Nuclear Weapons
There’s not much point in replacing nuclear weapons with conventional weapons that are just as powerful.
Subsidizing Jobs
States are subsidizing jobs, using taxpayers’ dollars to help companies meet payrolls. That’s not something government should be engaged in.
Freeing Children From Government Schools
In spite of ever rising costs and increasingly disappointing results, the government monopoly on education is hardly ever called into question. Education, defenders of the system argue, is too important to leave to the free market. The arguments put forward by those in favor of a state-run system typically boil down to two misleading claims. […]
Too Much on Obama’s Plate?
In an interview with Bob Schieffer on CBS’s Face the Nation this Sunday, Colin Powell expressed no regret for endorsing Barack Obama in the 2008 election. Although the president might have taken on too much too soon during the first year of his administration, the country, said Powell, is not less safe. According to the […]
Crony Capitalism
Russell Roberts and Marta Mossburg discuss the growth of crony capitalism.
American Housing Market Must Be Freer: Volcker
Housing is too dependent on government.