Global Warming Rope-A-Dope
by Walter Williams
(December 24, 2008)
Atmospheric scientist Stanley B. Goldenberg of the Hurricane Research Division of the National Oceanic and Atmospheric Administration said, "It is a blatant lie put forth in the media that makes it seem there is only a fringe of scientists who don't buy into anthropogenic global warming."
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Random Thoughts for December 2008
by Thomas Sowell
(December 23, 2008)
Only in Congress do people adjust to economic adversity and growing deficits by spending more money.
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Another Great Depression?
by Thomas Sowell
(December 22, 2008)
The evidence suggests that it was not the "problem" of the financial crisis in 1929 that caused massive unemployment but politicians' attempted "solutions."
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Counterfeiting versus Monetary Policy
by Walter Williams
(December 17, 2008)
Who is responsible for inflation? It's not you or I because if we privately increased the supply of money to finance profligate spending, we would be charged with counterfeiting and go to prison. The Federal Reserve Bank, our central bank, is the only entity legally permitted to increase the supply of money, to finance Congress' profligate spending.
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Postponing Reality
by Thomas Sowell
(December 16, 2008)
A bailout of Detroit's Big Three would be only the latest in the postponements of reality.
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Bailout Parade Panic and The Benefits of Bankruptcy
by Walter Williams
(December 10, 2008)
Two vital marketplace signals are the profits that come with success and the losses that come with failure.
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O.J. Simpson and The High Cost of Favoritism
by Thomas Sowell
(December 9, 2008)
What seems to run through many stories of people who take huge risks for small pay-offs is a sense that the rules simply do not apply to them.
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The Meaning of the Terrorist Attacks in Mumbai
by Thomas Sowell
(December 8, 2008)
There are no concessions we can make that will buy off hate-filled terrorists. What they want-- what they must have for their own self-respect, in a world where they suffer the humiliation of being visibly centuries behind the West in so many ways-- is our being brought down in humiliation, including self-humiliation.
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Reason or Faith: The Republican Alternative
by John Lewis
(December 8, 2008)
The reason for the Republicans' defeat is this simple fact: Over the past fifty years, they have ceased to be Republican in anything other than name. For two generations, Republican leaders have abandoned reason, individual rights, and freedom--the founding values of the American republic--in favor of religion, tradition, and "family values."
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Capitalism and the Moral High Ground
by Craig Biddle
(December 8, 2008)
Those who wish to defend capitalism must acknowledge and embrace the fact that the selfishness-enabling characteristic of capitalism is what makes it the only moral social system on earth.
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