Sherwood Ross: While it is doubtful the Pentagon actually wants a war with China over Taiwan, there are arms manufacturers here who will profit handsomely from this escalating arms race and who march in lockstep with the Pentagon.
Chinese authoritarian capitalism, on display this week in Beijing, has me thinking about America’s democratic capitalism and how we practice it. Start with the U.S. economy’s most powerful government agency: The Fed, of course. Its decision this week to hold short-term interest rates steady was wrong, in my view; it should have lowered them because [...]
It would be one thing if John Edwards’ big boo-boo stood alone. But it isn’t working out that way. Enough by now has been written about the bimbo eruption itself, the charismatic married Democrat and the “other woman,” the betrayed wife, the irate and brokenhearted supporters. Hmm… sounds familiar. Didn’t we just go through this [...]