Biden relishes condemning tax-dodging billionaires but that $600 reporting requirement is a signal that IRS purgatory could soon be crowded with average Americans.
James Bovard
James Bovard is the author of ten books, including Public Policy Hooligan, Attention Deficit Democracy, The Bush Betrayal, and Lost Rights: The Destruction of American Liberty. He has written for the New York Times, Wall Street Journal, Playboy, Washington Post, New Republic, Reader’s Digest, and many other publications. He is a member of the USA Today Board of Contributors, a frequent contributor to The Hill, and a contributing editor for American
Incompetent Government with Absolute Power Kills Grandma and Grandpa
As early as last May, barely two months after the start of the state lockdown, a New York Post columnist groused: “So Gov. Andrew Cuomo killed Grandma and cratered New York’s economy. But he looked good doing it.”
Elections and Legitimacy
Elections failed to prevent every recent American commander-in-chief from expanding and exploiting the dictatorial potential of the presidency.
Oil Company Profits and The Senator From Windfall
Of all the politicians complaining about the profits and practices of America's wicked oil companies, few can top Sen. Maria Cantwell (D-Wash.). Among her latest ventures is a demand that the oil company executives who testified Nov. 9 be brought back to the Senate,...
Three Huge Automatic Tax Increases — Courtesy of Congress
The first rule in government, as in medicine, is the Hippocratic one: Do no harm. Unfortunately, Congress is about to do severe harm to the U.S. economy if it fails to act in the next few months to stop three huge automatic tax increases. Let me shift metaphors. The...
Interview: Dan Yergin on Energy Prices and Policies
James Glassman: Energy prices have been rising sharply, partly because of Hurricane Katrina and Hurricane Rita. We decided to talk to probably America's number one expert on energy to try to separate some of the hysteria and the myths from the truth. Dan Yergin is the...
“Windfall Profits Tax ” Will Increase the Price of Oil
"An angry public wants quick relief from high prices" at the pump, says Business Week. That's hardly a surprise. Over the past year, the Energy Department reports, a gallon of regular gasoline has gone from $1.86 to $2.96. But even at less than bottled water, $3...
When to Sell a Stock
My biggest mistake in 25 years of writing newspaper and magazine articles about the stock market started innocently. My intention, in a February 23, 2003, column for the Washington Post, was to show readers how to analyze a stock and decide whether to buy it. The...
“Windfall Profits” Tax on Oil Companies
"An angry public wants quick relief from high prices" at the pump, says Business Week. That's hardly a surprise. Over the past year, the Energy Department reports, a gallon of regular gasoline has gone from $1.86 to $2.96. But even at less than bottled water, $3...
Hurricanes and Global Warming: Interview with Dr. Roy Spencer
Dr. Roy Spencer is a principal research scientist for University of Alabama in Huntsville. In the past, he has served as Senior Scientist for Climate Studies at NASA's Marshall Space Flight Center in Huntsville, Alabama, where he directed research into the development...
Hurricanes and Global Warming: Interview with Dr. James J. O’Brien
Dr. James J. O'Brien is Director of the Center for Ocean-Atmospheric Prediction Studies at Florida State University, where he is the Robert O. Lawton Distinguished Professor of Meteorology and Oceanography. James Glassman: Dr. O'Brien, in the wake of Hurricane Katrina
Hurricanes and Global Warming: Interview with Meteorologist Dr. William Gray
Meteorologist Dr. William Gray may be the world's most famous hurricane expert. More than two decades ago, as professor of atmospheric science and head of the Tropical Meteorology Project at Colorado State University, he pioneered the science of hurricane forecasting....
JobBay
As much of Europe struggles with double-digit unemployment this year, the United States has been creating an average of 200,000 new jobs a month. One of our great advantages is the relative ease with which Americans can start new businesses. Physical disability, the...
How to Avoid Investing in Crooked Businesses
Reading Kurt Eichenwald's fascinating book on Enron Corp., "A Conspiracy of Fools," is enough to make an investor throw up his hands (or his lunch), sell all his stocks and buy a bundle of nice short-term U.S. Treasury bonds. Eichenwald shows, in vivid detail, how...
Hurricane Katrina and Global Warming
A profound tragedy is unfolding in New Orleans, the most beautiful city in America, with the richest cultural history and the most wonderful style of living. I lived in New Orleans for seven years. I was married there. My children were born there. I have many friends...
The Axis of IP Evil
The U.S. commerce secretary, Carlos Gutierrez, last month took a ritual stroll through a Beijing market that teemed with pirated versions of "Star Wars" and "Seinfeld," along with bogus North Face windbreakers, Calloway golf clubs and Samsonite suitcases. "We would...
CNOOC Acquiring Unocal: What’s All The Fuss?
What's all the fuss? An energy company based in Hong Kong called CNOOC, Ltd. -- small by international standards -- a few weeks ago bid $18.5 billion in cash to buy another small energy company, Unocal, based in California. The bid was nearly $2 billion higher than a...
Housing Bubbles
The blazing-hot topic at suburban cocktail parties this spring is whether there's a bubble in the residential housing market. No wonder. In 2004, existing home prices rose faster than in any year since the 1970s. Some markets are going bonkers. Alexandria, Va., is up...
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