Americans believe in the power of free markets. We mistrust government regulation and government bureaucrats. We believe that the free market ideas can be applied to a wide variety of social and economic problems. We’ve even come to believe in the predictive power of free markets. Don’t get me wrong, free [...]

I read a very interesting proposal today on how to end the slog in the democratic primary. Basically, instead of waiting until August to have the superdelegates vote, have a superdelegate primary in June. Clinton and Obama could both come, and give their speeches, and maybe debate. And then you have a [...]

John McCain gave a major foreign policy address today, outlining his support for a “League of Democracies”, pushing for closer ties with our major European and Asian allies, and generally trying to sound like a nicer, kindler, gentler version of President Bush. He also laid out his Iraq policy, once again. Here’s the [...]

An observation - I flew to and from California this week for spring break. During that time, I was on four airplanes (no direct flights). Every single one was over sold. In each case, the airline gave somebody $200 + cost of ticket (which, depending on the leg was between $100 and [...]

“He contains within him the contradictions – the good and the bad – of the community that he has served diligently for so many years. I can no more disown him than I can disown the black community. I can no more disown him than I can my white grandmother – a woman who [...]

Five years ago, the invasion of Iraq began. Five years ago, we were promised a short-term fight to get rid of Saddam Hussein and purge Iraq of WMDs. Five years later, we’re still there–and we’re in the middle of a presidential election that will determine what the future holds with regards to Iraq. [...]

This morning Barack Obama gave a wonderful speech on race in America, specifically confronting the controversy surrounding some statements made by his pastor. If you haven’t watched the speech or read the text, I would recommend that you do so. In particular, I applaud Obama for attempting to do two extremely difficult things.

A fascinating quote from Rush Limbaugh that I picked up from the Boston Globe:
“I want our party to win. I want the Democrats to lose,” Limbaugh said. “They’re in the midst of tearing themselves apart right now. It is fascinating to watch. And it’s all going to stop if Hillary loses.”
He added, “I know [...]

Unemployment is up. Inflation is rising faster than wages. The dollar is historically week. Interest rates are already low, and can’t be lowered too much further. Personal savings rates are extremely low, while consumer debt is very high–which mean that a short-term boost to consumer spending is unlikely (and unwise). [...]

It seems increasingly likely that something will be done about the mysterious Florida and Michigan delegates. Texas and Ohio didn’t really solve anything, most super delegates are dragging their feet making an endorsement, and it looks like the delegate count will remain close enough heading into the convention that Florida and Michigan will actually [...]