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No Bonuses = No Contract Law

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No Bonuses = No Contract Law

Over the last few days Washington has been denouncing AIG for paying out retention bonuses to employees in its financial-products division—the same division responsible for much of the company’s recent losses. Relegated to the background is the fact the bonuses are a lawful contractual obligation. While bonuses are normally discretionary, in this case, presumably to […]

Obama the Intellectual?

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Obama the Intellectual?

Some say we finally have a President who is a thinker. Do we? An “open, out-of-the-closet, practicing intellectual”—this was New York Times columnist Nicholas Kristof’s laudatory description of America’s new president. Kristof, echoed by a chorus of similar commentators, was expressing hope that Obama might help combat a growing anti-intellectual climate in America today. Obama […]

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Hell on Earth and Good Will Toward Men

President-elect Barack Obama has announced his intention to present a “major” speech in the capital of a Muslim country soon after his inauguration. Obama says this is an opportunity to repair the damage done to America’s global reputation in the past eight years, especially in the Muslim world. According to Yahoo! News, Obama intends to […]

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The Absurdity of Hope

In November 2007, Barack Obama said that as President of the United States, he would personally negotiate with Iran, offering economic incentives and a chance for peaceful relations if Iranian leaders would forego pursuit of nuclear weapons and support of terrorists. In an interview with the New York Times, he said that Iran could possibly […]

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Uncle Sam Is Not a Nanny

The New York Times reports that in a recent speech, Randi Weingarten, the new President of the American Federation of Teachers, offered her “new vision for schools in the 21st century”. “[I]magine a federal law that promoted community schools — schools that serve the neediest children by bringing together under one roof all the services […]

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Ending Racism through Racism

According to a recent Associated Press article, black conservatives are conflicted about whom to vote for in the upcoming presidential election. These conservatives are opposed to presidential candidate, Barack Obama’s ideology and policies, but for some reason still feel compelled to vote for him. Armstrong Williams, a black conservative talk show host, says that it […]

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