Intrepid terrorists could get maximum bang for their buck on “Black Friday.” A few well-placed bombs and the carnage would easily shame 9/11's. Macy's, for instance, serves tens of thousands of shoppers that one day. If nothing else, the theme would make for a hair-raising Hollywood drama or disaster blockbuster. Credibility might be a problem, however.
Many Wall Street occupiers are echoing the Communist Party USA's call to "Save the nation! Tax corporations! Tax the rich!" There are other Americans, on both the left and the right -- for example, President Barack Obama and House Speaker John Boehner -- who call for reductions in corporate taxes.
Up to 40 million Chinese people still live in caves. That's more than the populations of Texas and Illinois, combined. In fairness, a fraction of these caves are apparently pretty nice, complete with electricity and well-compacted dirt floors. But that's grading on a curve because, well, they're still caves.
Russia’s ultimate plan is to re-establish control over much of its former territories. This inevitably will lead Moscow and Washington back into a confrontation, negating any so-called reset, as Russian power throughout Eurasia is a direct threat to the U.S. ability to maintain its global influence.
Credit the Occupy whatever movement with this: their protests are unwittingly underscoring the critical importance of property rights. I say "unwittingly" because they apparently lack the wits to figure that out.
Last month I wrote about creating more jobs by not worrying about inequality and putting aside class envy. One reader responded by asking whether I truly understood the debilitating effects of inequality and the anger it can cause. Oh yes, I know.
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