Greece, Spain, Ireland, Portugal, and Italy (and California). In each case, the promise of more bailouts and a steady flow of cheap money only produced more reckless behavior, excessive levels of government spending, and record levels of debt.
It’s widely believed that JPMorgan Chase’s recent $2 billion–plus loss proves we need the comprehensive banking regulation called for by the 2010 Dodd-Frank law. Not only is that belief wrong, but the only way to minimize systemic damage from banking without stifling productive innovation is to end all guarantees and all barriers to competition.
One of the skeletons in the Progressive Education closet is Scientific Racism, otherwise known as Eugenics, which the leaders of the Progressive movement enthusiastically espoused until the Nazis in Germany gave it a bad name.
It's not that the Left is "redefining" marriage — it's that conservatives must redefine the debate. The question in this debate should never be one of rights. It should be one of definitions. If we accept that marriage is, by definition, the union between a man and woman and nothing else, the faux-marriage-rights argument is moot.
When two white newspaper reporters for the Virginian-Pilot were driving through Norfolk, and were set upon and beaten by a mob of young blacks — beaten so badly that they had to take a week off from work — that might seem to have been news that should have been reported, at least by their own newspaper. But it wasn't.
I wondered how long it would take for someone to raise the issue of racism in this year’s Presidential election. The answer came sooner than I expected. Last week, the New York Times ran the story “4 Years Later, Race Is Still Issue for Some Voters.”
A Rasmussen poll indicates that Barack Obama's announcement in support of same-sex marriage is costing him support among middle Americans.