A Fistful of Rials Gets Old Fast

Al-Jazeera takes note of the events across the Gulf: Iranian riot police have clashed with protesters in the capital Tehran over the collapse of the rial, the country's currency, which has lost a third of its value against the dollar in a week. Police on Wednesday reportedly fired tear gas to disperse demonstrators, including currency exchange …

Perot Thinks We May be Taken Over. Maybe We Need That.

Ross Perot, the man who messed up the 1992 election, is at it again: “We’re on the edge of the cliff, and we have got to start fixing it now. Otherwise, we’re leaving a disaster to our children’s and our grandchildren’s future,” he said. Wolf spoke with Perot as part of an interview for C-SPAN, …

The Democrats' Contradictory Wish List

And they certainly have one: “He's got to continue to concentrate on jobs,” Rep. Bill Pascrell said last week as the House was leaving town for a long, pre-election recess. “I'm hoping he'll do immigration reform,” said Rep. Henry Cuellar (D-Texas). “We should get back to an energy policy – one that acknowledges that climate …

Prolonged Detention, and the Way of All Revolutions

Of all people, Rachel Maddow, on of all networks, MSNBC, calls this one-speech volte-face by Barack Obama for what it is: This country is, in many ways, in the course of a long revolution that started with the 1960's.  (For a country always in a hurry, we can't even get a revolution resolved in 40-50 …

Small Business: To Tell the Truth, I Wouldn't Start One

And neither would most people who are already there: Fifty-five percent of small business owners and manufacturers would not have started their businesses in today’s economy, according to a new poll that also reports 69 percent say President Obama’s regulatory policies have hurt their businesses. Much of the blame is heaped on Barack Obama, but …

Public vs. Private Colleges and Salaries: Of Course You Can't be President, But…

At last, someone compares the investment to the salary received, and... With help from PayScale, a Seattle-based compensation-data company that maintains 35 million salary profiles, we collected median pay figures for two pools of each school’s alums: recent grads (out of school for an average of three years) and midcareer types (an average of 15 …

Now He Tells Us: Mike Oxley "Fesses Up" on Sarbox

It's not easy to get a legislator to admit that he or she made a mistake, but former Ohio Rep. Mike Oxley finally gets around to it: "No law is perfect." True words. But not exactly what I expected to hear from Mike Oxley, the former Republican congressman who penned the Sarbanes-Oxley legislation with former …

Voting for Ourselves: The Reality of the 2012 Election

Maureen Dowd, like many on the left, isn't really happy with the outcome of the DNC: In his renomination acceptance speech here on Thursday night, he told us that America’s problems were tougher to solve than he had originally thought. And that’s why he has kindly agreed to give us more time. Because, after all, …

No Dogs or…: Honduras Brings Back the Concession Areas

That, basically, is what the Hondurans are doing: The government of Honduras has signed a deal with private investors for the construction of three privately run cities with their own legal and tax systems. The memorandum of agreement signed Tuesday is part of a controversial experiment meant to bring badly needed economic growth to this …

Affordability and Morality in our Social Welfare System

Janet Daley in the Telegraph lays out the stark choices we face: What is being challenged is nothing less than the most basic premise of the politics of the centre ground: that you can have free market economics and a democratic socialist welfare system at the same time. The magic formula in which the wealth …

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