A letter from Bud Shivers in response to my January “Lessons From Enron” posed some good thoughts for follow up. There is a lot more to be learned about the true culpability as this story plays out, and much of the substance is presently being obscured by political demagoguery, but further lessons are surfacing. Enron […]
Archives for March 2002
Military Tribunals
The outcry on this subject has been somewhat muted by the moderate approach used by the Bush administration in the John Walker case. (More moderation than he deserves, I might add.) As David Henninger has noted, the first thing to be said in defense of the use of military tribunals is that if nothing else […]
Immigration And Assimilation
Prior to the War on Terrorism, immigration policy was a front-burner item for the Bush administration, having been given heightened visibility by the President’s early September 2001 meeting with Mexican President Vicente Fox and the floating of various amnesty and guest worker plans. Understandably, the events since 9-11 tabled these proposals temporarily, but concurrently gave […]
Growth, Taxes, And Good Intentions
Meanwhile, as we bail out anyone with a distant claim to victimhood, we’re still discussing the “cost” of reductions in marginal tax rates and tax cuts for the “wealthiest 1%”. As to the latter point, the top 1% of taxpayers, ranked by adjusted gross income, paid 36.2% of total taxes in 1999, the top 10% […]
Everybody Should Get Something – Part II
As I write, it appears Congress will give us an economic “stimulus” plan whether we need one or not, just as Federal Reserve Chairman Greenspan has offered his judgment that the recession is over and expansion is well underway. Last week, President Bush significantly delayed the necessary continuing transformation of the steel industry by imposing […]