Every few days we hear that another leading financial institution has written down billions more on subprime investments gone bad. Nearly every major financial institution, it turns out, had a hand in loans to low-credit borrowers—borrowers whose ability to pay often hinged on endlessly low
Opponents of embryonic stem cell research often highlight the similarities between babies, fetuses, and embryos, and dismiss the obvious difference between them. Their arguments almost invariably rely on the difficulty of marking precise dividing lines between them, and offer this difficulty as a reason to
Two articles published in the last two days, in major university papers, discuss Ayn Rand's ideas. The first, printed in the Columbia Spectator, is written by a student who read Atlas Shrugged this past summer and found it "the most arduous, yet rewarding" experience of his
Rule of Reason links to a new video in which Wafa Sultan debates Egyptian Islamist Tal’at Rmeih on an Al-Jazeera TV show. The Muslim speaker and the host claim that whenever America is threatened with force, it backs down. On the face of it, they seem
Scrabulous, a virtual knockoff of the board game Scrabble, has become one of the most popular Facebook games. According to the New York Times, the makers of Scrabble have denounced Scrabulous as piracy and are threatening legal action against its creators. Scrabulous fans are crying
Barack Obama's wife, Michelle Obama, recently offered some advice to Americans: We left corporate America, which is a lot of what we're asking young people to do. Don't go into corporate America. You know, become teachers. Work for the community. Be social workers. Be a nurse.
Criticizing Senator Obama's pledge to meet with foreign dictators should he be elected President, President Bush said Thursday: What's lost . . . by embracing a tyrant who puts his people in prison because of their political beliefs? What's lost is, it'll send the wrong message.