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1. Views on the News ? 3/20/2010 by: david-coughlin | American ...

   When one asserts that capitalism is the best system to achieve ?the common good,? one is conceding the basic premise of collectivism: that the moral purpose of a government is to not merely protect, but provide for its citizens. .... Taxpayers might have thought that given their spectacular collapse and the accounting scandals preceding it, these entities would disappear into the night. Think again. Fannie Mae and Freddie Mac now dominate the housing market as never ...

1. Junk Writing?martin Feldstein on the Dollar?s Value

   But if proper saving is impossible, what becomes of the basic national income accounting identity Mr. Feldstein bases his conclusion on? One of the terms in the equation's left side disappears, and when it disappears, ... And the same happens in reverse for European buyers. . . . It is common to hear . . . that the U.S. no longer has the ability to manufacture and export. Or . . . that we will never be able to compete with the low labor costs that drive imports. ...

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