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Sydney Williams

Sydney Williams

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Thought of the Day: Whistleblowers and Extortion

Thought of the Day: Whistleblowers and Extortion

There is nothing wrong with “blowing the whistle” on someone doing something corrupt or unethical. In fact, it is our moral obligation to be the “rat” in such instances. For example, whistleblowers regarding the cover-up on Benghazi and the harassing

The American Experiment: A Lesson for Today

The American Experiment: A Lesson for Today

Life is an experiment. We begin as infants. Everything that comes later is untried, at least in our own experience, thus everything we face is new – every time we pick up the phone or cross a street. Almost exactly

Paul Ryan Is Back

Paul Ryan Is Back

Paul Ryan’s call for fiscal sanity in early 2010 with his “Roadmap for America’s Future” was a rare voice of reason that periodically emanates from the asylum that masquerades as Congress. That he did so when he was barely 40

Climate Change: Who Are the Real Deniers?

Climate Change: Who Are the Real Deniers?

On Friday, the United Nations Intergovernmental Panel on Climate Change (IPCC) released its “fifth Assessment report.” Climatologists from around the world have spent much of the week in Stockholm debating the thirty-odd page document that will summarize the (approximately) 2000-3000

American Exceptionalism

American Exceptionalism

Thanks to Russian President Vladimir Putin, the generally mis-defined concept of American exceptionalism has again come to the fore. In last week’s New York Times, Mr. Putin displayed his lack of knowledge of the United States’ founding. Toward the end

Sydney Williams' Thought of the Day: Five Years On

Sydney Williams' Thought of the Day: Five Years On

The cover of New York magazine, for the issue dated September 29, 2008, depicted a trader on the NYSE, his right hand covering his face, which has been thrown back in despair. The lead article was entitled “The Great Shakeout: Goodbye Masters

No Easy Answers on Syria

No Easy Answers on Syria

There are a number of underlying questions regarding Syria. Most important: is it ever right to go to war if we, or our allies, are not directly attacked? Even after we were attacked at Pearl Harbor and Congress declared war

The President and His Higher Ed Plan

The President and His Higher Ed Plan

In the real world, demand affects cost – the higher the price, the fewer the takers. In President Obama’s Washington, there is the belief that government policies – not markets – can better influence price, at least as far as

Threats

Threats

Armed insurrection, as Egypt is experiencing, is unlikely in America, but there are threats to democracy, many of which are more subtle. As much as anything, the founding fathers feared that too much power might accrue to any one individual

China and the Four Winds

China and the Four Winds

China has been both lionized and vilified over the past three decades. It has been seen as the saviour of Western capitalism, but also as a state-run economy intent on becoming the hegemonic nation in East Asia, if not the Pacific.

In Regulation We Trust

In Regulation We Trust

A fundamental premise of the coming together of the American colonies in 1776 was that a diverse people from myriad heritages with differing religious beliefs could flourish, as long as freedom prevailed. That demanded a government with limited powers, and,

Who Will Watch the Watchers?

Who Will Watch the Watchers?

The title is borrowed from Edwin Fadiman’s 1970 book. But the concern it expresses goes back almost two thousand years to the Roman poet, Juvenal. He became known as the first to use the term, Quis custodiet ipros custodes?, which literally

Woodrow Milhous Obama

Woodrow Milhous Obama

Because of myriad scandals inflicting his second term, it has become common for many on the Right to compare Barack Obama to Richard Nixon. Both had been re-elected with majorities; though Mr. Obama’s margin of victory paled in comparison to

Memorial Day 2013

Memorial Day 2013

I thought about a graveyard At the bottom of the sea Of unmarked graves in Arlington. No, freedom is not free. Kelly Strong, 1981 (Written when in high school; later attended USCG Academy) Freedom is not free. Freedom is the

European Austerity and the Backlash

European Austerity and the Backlash

Obstreperous unions, an embedded welfare, system and incompetent civil servants have been obvious impediments to austerity in Europe, but the real problem with austerity is that it is a dumb idea.  Economic growth is necessary to get deficits down and

Rising Student Debt, Declining Personal Responsibility

Rising Student Debt, Declining Personal Responsibility

According to Ronald Ehrenberg, economist and professor of labor and industrial relations at Cornell, tuition at selective private colleges and universities has grown at two to three percentage points over the rate of inflation for over a century.  However, “it

Term Limits: Enough Is Enough

Term Limits: Enough Is Enough

A libertarian friend, when asked about term limits, replied that if he had to make a choice he would opt against them, regardless of how many years one candidate had been in office. People should have the right, it was

Thought of the Day: Lies, Damned Lies and Statistics

Thought of the Day: Lies, Damned Lies and Statistics

I was reminded of Mark Twain’s appropriate comment (or maybe it was Disraeli’s?) when reading an article in Monday’s Wall Street Journal, entitled “Government Payrolls are Facing New Pressures.” Somewhat hyperbolically, the author Sudeep Reddy writes: “The cuts in the public

Thought of the Day: Cyprus — Is Nothing Sacred?

Thought of the Day: Cyprus — Is Nothing Sacred?

From the island of Cyprus came Pygmalion and Aphrodite, symbols of love and beauty. That was long ago. Now we have an agreement by its President to concede to a request from Brussels that might have equally far-reaching consequences, but of a less

Coolidge: A Primer for Obama

Coolidge: A Primer for Obama

“I am for economy. After that I am for more economy.” Generations of Americans have been taught that it was a frugal, laissez-faire, “Silent Cal” who served as our 30th President. “Weaned on a pickle,” was the way Alice Roosevelt Longworth

America In Decline?

America In Decline?

Niall Ferguson subtitles his most recent book The Great Degeneration, “How Institutions Decay and Economies Die.” It is a short treatise on the way in which well-intentioned political leaders can cause the failure of that which they have been charged with

Thought of the Day: Kim-Jong-un, a Tinderbox

Thought of the Day: Kim-Jong-un, a Tinderbox

Despite allegations by President Obama that Hilary Clinton ranks among the greatest Secretaries of State the country has known, it is difficult to see any part of the world as being safer today than it was four years ago. The