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The big bailout

For better or worse, or whether it's throwing good money after bad, momentum is building in Washington for an auto industry bailout, much larger than the $25 billion already…

All our wealth: Share or snare?

On the day before the election, this letter to the editor was published in my local newspaper under the headline "Share the wealth:" "All this talk of redistribution of the…

Looks like bailouts don’t work

Conservative Republicans regularly accuse liberal Democrats to trying to solve problems by throwing money at them. The Federal Reserve has been throwing billions into the banking system to stabilize the…

Hang on: Things are getting ugly

Maybe it was necessary, this establishment-endorsed, fear-driven, hastily constructed $700 billion bailout gamble meant to avoid a devastating credit crunch. But whether it was or wasn't, it is towing something…

Europe gets a taste of financial distress

The Europeans watched bemusedly while the storms swept through the U.S. financial markets and the supposedly laissez faire Bush administration pleaded with Congress for a $700 billion government intervention in…

Giving the FBI a license to snoop

This is a cautionary tale.

In 1947, Gen. William "Wild Bill" Donovan proposed a new agency for gathering intelligence to replace the Office of Strategic Services OSS that he had headed…

A campus culture of secrecy

For many major universities, their sports teams, especially their football and basketball teams, give them their proud persona. The teams and their star players are virtually worshipped.

But while sports bring…

Time for a Plan B?

Health and Human Services Secretary Mike Leavitt made headlines -- and got kudos -- for his department's proposal Wednesday to use postal workers to distribute protective antibiotics to individual households…

A lesson from the depression

Endlessly, to some degree dangerously, commentators keep comparing the nation's present financial mess to the Great Depression, an assessment amiss in many ways but correct in at least one.

In both…

Main Street needs to support bailout

To all you "Main Streeters" who protested the federal bailout plan for its lack of accountability and socialization of losses, I have a message for you. I feel your pain,…