Harold Meyerson is right in his Sept. 30 Washington Post column. But he doesn’t understand why. Free-market economists do theorize about a world that doesn’t exist.
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‘Macho Again” is the name of a race horse, one upon which President Barack Obama seems unlikely to bet. Likewise for Fareed Zakaria, who praised Obama’s resolve to reset his song in the key of humility by being kinder and meeker in foreign affairs.
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Michael Moore’s new film, “Capitalism: A Love Story,” boldly asserts that capitalism is evil. The film even features several priests that call capitalism anti-Christian for failing to protect the poor. Au contraire: I have spent my whole life as a dedicated member of the church, and I am currently using the power of capitalism to serve the poor.
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Extra-liberal Seattle’s rejection of a plastic bag tax should give pause to the coercive utopians who have initiated bag tax proposals around the country.
In Washington, D.C., in spite of a poorly written measure, the City Council recently passed a 5-cent tax per plastic bag.
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Chicago and the Olympics weren’t a great mix from the start — sort of like holding an international gathering of Alcoholics Anonymous in the Guinness St. James’s Gate Brewery in Dublin.
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Roman Polanski raped a 13-year old girl. After plying her with Quaaludes and Champagne wasn’t enough to make her succumb to his charms, he ignored her protests and did what he wanted.
This was not a consensual affair, or a misunderstood romance. It was a wealthy, powerful man, doing what he wanted to a powerless young girl.
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Gen. Stanley McChrystal, President Barack Obama’s choice to lead U.S. and coalition forces in Afghanistan, has made a request for between 30,000 and 40,000 additional troops. He asserts that without this troop infusion, we run a very real risk of failing to meet our military objectives in Afghanistan.
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TARP, the Troubled Asset Relief Program, is a year old now. On Sept. 19, 2008, former Treasury Secretary Henry Paulson announced the need for a $700 billion program to purchase toxic assets held by banks to prevent a financial meltdown, and after some modification Congress rapidly approved TARP on Oct. 3. Looking back after a year, was TARP necessary? Did it work?
The answers are No, and No.
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In 1962, presented with U2 spy plane photos of Soviet missile sites in Cuba, President John F. Kennedy ordered his Ambassador to the United Nations, Adlai Stevenson, to directly confront the Soviets. At a tense emergency meeting of the Security Council, Stevenson exposed the Soviets’ denials as lies by showing the world the U2 photos.
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If you watch C-SPAN for awhile, you’re sure to hear a politician or pundit criticizing some idea by comparing it to “rearranging the deck chairs on the Titanic.” It’s a vivid illustration of the short-sightedness and futility of so much of what Washington, D.C., does superficially to improve failed programs.
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