Little is more hypocritical in public life than American capitalists championing the virtues of free markets, while depending on the government to ensure (i.e., privatize) their profits and insure (i.e., socialize) their losses. Far worse though is that the government actually sanctions this hypocrisy, primarily by having the Federal Reserve prop up the U.S. economy with monetary… Read more.
communism
Castro Admits His “Cuban Model” Has Failed
Former Cuban dictator Fidel Castro seems to be recovering from the gastrointestinal problems that nearly killed him a few years ago in a manner that is worthy of Lazarus. Indeed, nothing demonstrated his miraculous triumph over the Grim Reaper quite like his donning army fatigues, instead of track suits, again. Yet, in the United States,… Read more.
Update on My Favorite “Ex-Communists”: the Ukrainians
In November 2004, the world watched in awe as Viktor Yushchenko, scarred but unbowed by a botched assassination attempt, led Ukrainian democrats in an Orange Revolution against the communists who had lorded over them for fifty-plus years. In April 2005, I wrote a laudatory and hopeful commentary on Yushchenko’s historic visit to the United States,… Read more.


