The recent bonuses paid to executives in the financial division of AIG have created a firestorm. In response to the national outrage, the government has bent over backwards to find some loophole that would allow it to take back these bonuses, bonuses that were not
The continuing AIG controversy is a textbook example of blaming the market for the sins of government. Rather than allowing a bankrupt company to get its just desserts, the government stepped in and took it over. Now taxpayers are on the hook for billions of
President Obama has declared that "There is no disagreement that we need action by our government, a recovery plan that will help to jumpstart the economy." Indeed, both Democrats and Republicans in the Obama and Bush Administrations have called for vast increases in government spending.
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
Medical treatment for autism is exceedingly expensive. Many parents of autistic children take out a second mortgage on their homes and some even file for bankruptcy because they are unable to pay the costs of autism treatment that insurance does not cover. Many believe that
We've now posted the content of our upcoming issue on the home pageof our website.
Articles in this issue investigate:
Is Barack Obama an intellectual?
What's in store for the future of the Republican Party?
Is a morality not based on religion possible?
What exactly does "no footprint" mean?
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
In the aftermath of the substantial Democratic victory in last November’s election, Republicans nationwide are reported to be doing a great deal of “soul searching." Indeed they should. After all, times are not looking good for the Republican Party. Former President Bush left office with
In our parents’ generation, academia was a bastion of secularism, and a threat to religion. Amid peace and love, political activism, one small step for man and several giant leaps in science and technology, college campuses had little room for faith.
The picture today is quite
As environmentalism continues to grow in prominence, more and more of us are trying to live a "greener" lifestyle. But the more "eco-friendly" you try to become, likely the more you find yourself confused and frustrated by the green message.
Have you tried giving up your