Blog Archives

Economics 101 for America: The Lessons the US Refuses to Learn

The often repeated quote from Santayana comes to mind more frequently than ever these days: “Those who fail to learn from history are doomed to repeat it.” That the American government is forgetting the lessons of history is true in

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Posted in Economy, US

Rep. King Calls for Investigation of “White House Leaks”

Yesterday, GerardDirect.com published an article entitled, “Obama Signed Secret Order Supporting Rebels, al Qaeda in Syria” (see Home Page) and reported that a secret letter had been signedby Rebels, al Qaeda in Syria”. The article had just appeared on guardian.co.uk.

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Posted in US

How Many More New Financial Scandals?

Is it my imagination, or does every week bring news of another financial scandal? No, it’s not my imagination. First up: Peregrine Financial Group. This long-running fraud, which has apparently been going on almost as long as the Bernard Madoff

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Posted in Economy, US

New Job Numbers Tell 1/2 the Story

There ’s good news and bad news.  The new job numbers are out, and on the face of it, things look like they are getting better. Unemployment, they say, is down from 9.0 to 8.6. That’s good, right? But wait

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Posted in Economy, US

China, Not Greece

Hardly a day goes by that we are not treated to one report or another about the Chinese economy.  One day the report is about how the Chinese economy will overtake the U.S. economy as the largest in the world

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Posted in Economy, World

OWS Goes Global

The growing phenomenon of the Occupy Wall Street demonstrations that spread across the US over the last few weeks, has now gone global. New demonstrations sprang up in Rome, the Philippines, and Hong Kong. The anti-capitalism, pro-entitlement  tone that the

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Posted in Economy, US

Metrics for Govt Programs

Ronald Reagan is credited with the observation, “A government bureau is the nearest thing to eternal life we’ll ever see on this earth.” But it did not originate with him. Chris Edwards, writing for the Cato Institute, found a similar

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Posted in US

What’s bothering Rashi?

When I was a boy, I attended an Israeli high school — and discovered, to my mild surprise, that Biblical study, using original sources, was part of the core curriculum, even in a secular school. One of our major resources

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Posted in US