James Glassman

Ambassador Glassman has had a long career in media. He was host of three weekly public-affairs programs, editor-in-chief and co-owner of Roll Call, the congressional newspaper, and publisher of the Atlantic Monthly and the New Republic. For 11 years, he was both an investment and op-ed columnist for the Washington Post.

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,...

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...

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...

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...

Death Tax Returns In 2011

The clock is ticking. Unless Congress acts -- who knows? -- we could see a wave of suicides, patricides, matricides and rich-uncle killings in 2010. That's the year that the federal tax on estates -- also known as the "death tax," the most hated tax exacted by the...

Amtrak is Anti-American

Right after the November 1994 election, I wrote that "the way to tell how serious Republicans are about cutting federal spending is to watch

Debating Social Security

In a romantic mood, I was reading "Anna Karenina" flying down here and stumbled across one of Tolstoy's brilliant insights. At a party at the home of his friend Prince Oblonsky, Konstantin Levin, the philosophical farmer, muses about the futility of dinnertable...

AARP Invests in Hypocrisy

The President has made fixing Social Security his number-one domestic objective, but the fight won't be easy -- in part because of fierce opposition by the AARP, the seniors' lobby, with 35 million members. The AARP is using an old strategy: trying to scare the wits...

Kerry Way Ahead in New Poll…

At last, some good news for Democratic presidential candidate John Kerry! A new poll, using a huge sample of 34,330 people, shows Kerry is favored by 26 percentage points over the incumbent president, George W. Bush. The survey, which has Kerry leading, 46 percent to...

American Unemployment and Elections

Concluding a sensational convention in New York with a speech that emphasized unflinching strength, President Bush got more good news this morning. The Labor Department announced that the unemployment rate had dropped to 5.4 percent -- the lowest proportion of...

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