In Finance and Philosophy, Alex Pollock, formerly Chief Executive Officer at the Federal Home Loan Bank of Chicago and now a distinguished senior fellow at the R Street Institute, asks why we’re always surprised by financial crises. In fact, we shouldn’t be surprised at all.
Last Friday, the Supreme Court said it would consider the constitutionality of the Peace Cross in Bladensburg, Maryland, which is said to constitute a violation of the First Amendment’s bar on establishing a state religion. The Court’s action came almost…
The dusky gopher frog, a “shy” creature according to Judge Edith Jones of the U.S. Court of Appeals for the Fifth Circuit, is both endangered and the excuse for an unmitigatedly overreaching administrative action by the Fish and Wildlife Service….
S eventy-five years ago on May 7 and 8, 1942, the tide of war in the Pacific began to shift, as American forces blunted a Japanese drive on Port Moresby on the southern side of New Guinea. Taking Port Moresby…
One thing the Department of Justice sorely needs is managerial oversight. Senator Jeff Sessions, the nominee for Attorney General, has the experience needed to provide that managerial control. Running the Department of Justice is akin to steering a battleship. It…
Alabama Chief Justice Perry O. Hooper, Sr., RIP Perry Hooper, Sr., former Chief Justice of the Alabama Supreme Court, died last week at the age of 91. Hooper was the first Republican Chief Justice of Alabama since Reconstruction, and his…
Perry Hooper, Sr., former Chief Justice of the Alabama Supreme Court, died last week at the age of 91. Hooper was the first Republican Chief Justice of Alabama since Reconstruction, and his 1994 election victory was one of several that…
Law of the Jungle: The $19 Billion Dollar Legal Battle Over Oil in the Rain Forest and the Lawyer Who’d Stop at Nothing to Win It By Paul M. Barrett (Crown, 304 pages) As Eric Hoffer observed, “Every great cause…
Licensed to Lie: Exposing Corruption in the Department of Justice By Sidney Powell (Brown Books, 456 pages, $28.95) The performance of the U.S. Department of Justice in the Ted Stevens and Enron prosecutions were hardly its finest hour. In fact,…