Archive for June, 2007

Jun28th2007

Common Sense?

Supreme Court Chief Justice John Roberts, in his majority opinion ruling that race cannot be a factor in the assignment of children to public schools, wrote,
“The way to stop discrimination on the basis of race is to stop discriminating on the basis of race.”
Clarence Thomas, the only black Supreme Court justice, in his concurring opinion […]

Jun19th2007

Fed Chair On Free Trade and Globalization

Ben Bernanke gives his thoughts on Globalization:
Trade benefits advanced countries like the United States, but open trade is, if anything, even more important for developing nations. Trade and globalization are lifting hundreds of millions of people out of poverty, especially in Asia, but also in parts of Africa and Latin America. As a source of […]

Jun15th2007

Quote Of The Day

“Is your employer poorer by the amount of money he pays you? Probably not, or you would never have been hired. Why then should we assume that a corporation or its customers are poorer by the amount paid to its chief executive officer?” — Thomas Sowell

Jun14th2007

The Poor Are Getting Richer

From the Wall Street Journal:
A new study by the Congressional Budget Office says the poor have been getting less poor. On average, CBO found that low-wage households with children had incomes after inflation that were more than one-third higher in 2005 than in 1991.
The CBO results don’t fit the prevailing media stereotype of the U.S. […]

Jun13th2007

Quote Of The Day

“The principal way rich countries disadvantage the poor world is not through unfair trade, or through intrusive and ineffective aid, or by forcing repayments of debts. The primary policy pursued by every rich country is to prevent unskilled labor from moving into their countries. And because unskilled labor is the primary asset of the poor […]

Jun9th2007

Studies Say Death Penalty Deters Crime

Yahoo News Reports what common sense already tells us:
Studies say death penalty deters crime
By ROBERT TANNER, AP National Writer Sun Jun 10, 2:01 PM ET
Anti-death penalty forces have gained momentum in the past few years, with a moratorium in Illinois, court disputes over lethal injection in more than a half-dozen states and progress […]