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Mar 20,2009
During Nixon's historic trip to China in 1972, his interpreter and I, free for a few hours, conscripted a driver to take us on a tour of Beijing. Somewhere in my files are photos from that day we toured the grim city of Chairman Mao in the time of the Great Proletarian Cultural Revolution. The interpreter: Charles Freeman — the same Charles Freeman Adm. Dennis Blair chose to chair the National Intelligence Council that prepares ... [full story]
1215 times read - No comment posted

Mar 20,2009
This whole AIG fiasco — where the entire political class is suddenly screaming over bonuses paid to derivative traders in AIG's financial-products division — is just a complete farce. What it really shows is how the government has completely bungled the AIG takeover. Blame the Bush administration and the Obama administration. It also shows, once again, why the government shouldn't run anything, because it cannot run anything. AIG should have been placed in bankruptcy last ... [full story]
1210 times read - No comment posted

Mar 20,2009
Suppose Sen. John McCain, rather than Sen. Barack Obama, won the presidency but made the same decisions and pursued the same goals to turn around the economy. The following is a hypothetical front-page story: After more than 50 days in office, the new President, even to some of his supporters, seems overwhelmed by the magnitude of the problems he faces. Though he calls the economy job one, he confounds critics and supporters alike with the ... [full story]
1397 times read - No comment posted

Mar 20,2009
Outrage burst forth from lawmakers in Washington when the story broke that insurance giant AIG still planned to dole out $165 million in bonuses to executives while it teeters near bankruptcy, kept afloat by taxpayers. But the outrage is mostly coming from hypocrites. Just days earlier, President Obama signed an omnibus spending bill with $12.8 billion in self-serving earmarks for legislators during the economic crisis. How can the president and Congress lecture AIG? Don't the ... [full story]
1463 times read - No comment posted

Mar 20,2009
When Tristan Anderson, now 38, was living illegally in the trees at the University of California, Berkeley, to protest the administration's ultimately successful bid to cut them down to build a sports training center, life was good. For 21 months, Berkeley's tree sitters happily fouled their nests with little interference from the authorities. Their biggest fear was falling. When Berkeley finally erected barbed-wire fences and began to shine spotlights on the canopy campers, the tree-huggers ... [full story]
1510 times read - No comment posted

Mar 20,2009
How the tables have turned. In September 2008, when GOP presidential nominee John McCain said "the fundamentals of our economy are strong," unemployment was 6.1 percent, the credit crunch had yet to reach the point that prompted President George W. Bush to propose a bailout, and Team Obama proclaimed that an out-of-touch McCain "just doesn't get it" on the economy. Now with unemployment at 8.1 percent, the $700 billion-plus Bush bailout has been followed by ... [full story]
1335 times read - No comment posted

Mar 16,2009
Bernard Madoff pleaded guilty in federal district court in New York to all 11 counts against him, waiving his right to an indictment, avoiding the humiliation of a trial, and depriving his victims and the public of what might have been a public course in how Ponzi schemes work, and how even sophisticated investors can be played for dupes. The Madoff case was one of those where a public trial might have served a valuable ... [full story]
1887 times read - No comment posted

Mar 16,2009
It has a way of sneaking up on me, like the unhappy anniversary it is. Who knew? The first March 7 was a Monday. I was a law student, and my father died in a hospital bed where he had been hovering between life and death for 10 terrible days. Terrible for us, anyway. By the end, he was somewhere else. The second March 7 came 23 years later, of all things, of all the ... [full story]
1581 times read - No comment posted

Mar 16,2009
When President Barack Obama signed the $410 billion omnibus spending bill, there were shouts of joy from both sides, as Republicans and Democrats got their cherished earmarks. Yet tucked into that bill was an amendment pushed by the president's former Senate colleague Dick Durbin, D-Ill., who used his influence to essentially kill the District of Columbia's school vouchers program. Oh, sure, it will be portrayed that the Democrats aren't killing the program, but the initiative ... [full story]
1441 times read - No comment posted

Mar 16,2009
"Never let a serious crisis go to waste." With that pithy motto, coined last November by White House Chief of Staff Rahm Emanuel, President Obama has committed over 4 trillion dollars of America's wealth to further his goal of "remaking America" along the lines of socialist Europe. "Never waste a good crisis," echoed Secretary of State Hillary Clinton last week in Brussels. She told an audience at the European Parliament that "the United States has ... [full story]
1402 times read - No comment posted

Mar 16,2009
By the choices we make we define ourselves. We reveal our biases and beliefs. And so, too, do our institutions. In writing the $789 billion stimulus bill, Congress revealed that, for all its "Buy American" blather, it does not truly put America first. It does not believe that 10 million jobless Americans, in the country their fathers built, should receive any preference in hiring 12 million to 20 million illegal aliens who broke into this ... [full story]
1308 times read - 1 comments posted

Mar 16,2009
It was the winter of conservative discontent. Barry Goldwater had gotten only 38 percent of the vote, and his party had suffered its worst thrashing since Alf Landon fell to FDR in 1936. Democrats held 295 House seats, Republicans 140. They held 68 Senate seats to Republicans' 32, and 33 governors to the GOP's 17. Democratic registration was twice that of the GOP. The liberal press was gleefully writing the obituary of "The Party That ... [full story]
1193 times read - No comment posted

Mar 16,2009
"Can we all get along? … Let's try to work it out." That was Rodney King's plaintive plea in May 1992, after his highly controversial confrontation with the Los Angeles Police Department led to arson and anarchy. Now, 17 years later, the Obama administration apparently has made "get along" its response to every national security test. So far, it has been the wrong answer. Since Mr. Obama's announced his deadline for pulling U.S. combat troops ... [full story]
1533 times read - No comment posted

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