September 29, 2008
Re "Bailout? Just do nothing," Opinion, Sept. 26 Bravo to Joel Stein and his observation of the Wall Street bailout that President Bush is demanding. We've been through this before in the 1980s and '90s with the Keating Five and the S&L fallout, and again with Michael Milken and his junk bonds. It is time for the free market to be free, and let the chips fall where they may. Taxpayers cannot be expected to bail out yet another bunch of white-collar crooks because their get-rich schemes finally hit the wall.
CALIFORNIA | LOCAL
September 4, 2000
Re "Legislature OKs San Diego Electric Relief Package," Aug. 31: In San Diego, probably the most conservative big city in the nation, they finally got what they wanted. They got the government to stop interfering in their lives and the free market, by deregulating electric power. Now that deregulation has led to a tripling of their electric bills and rolling brownouts, guess who they want to fix the problem? Hold on to your hats for this one. They now want the government in Sacramento to fix the problem.
CALIFORNIA | LOCAL
June 14, 1998 |
Quick: What's a Competitive Transition Charge? Here's another: What's a Trust Transfer Amount? Don't know? I don't blame you. But pretty soon you will know. This fall, if all goes as planned, those phrases will produce one of California's patented political upheavals. Billions of dollars will ride on the outcome. And across the land, the rest of the country will watch and wait.
September 16, 1998 |
Free-market economics and political liberty were the worldwide hallmarks of this decade--and may still be the basic, underlying trends. But something has happened, a shadow of doubt on the inevitability of open markets in Russia, Hong Kong and elsewhere, a threat to historic reforms in Brazil and other Latin American countries. Storm clouds are no longer beyond the horizon, but are threatening a global depression that would scuttle even the strong U.S. economy.
July 5, 2009 |
Single-payer. Insurance-based. Socialized medicine. Free-market reform. A lot of terms are flying in the debate over what shape healthcare reform should take in the U.S. Ask two people to tell you how it should be approached, and you'll get six answers. But at this stage in the process, it's important to put all ideas on the table. With that in mind, we present three viewpoints on what a new system should -- and shouldn't -- look like. -- President Obama is right when he says that the U.S.
October 19, 1993
As the U.S. Congress prepares to debate the North American Free Trade Agreement that would gradually eliminate commercial barriers among the United States, Mexico and Canada, international business leaders already see the accord as a model. The theme of the International Chamber of Commerce's annual congress starting Wednesday at this Mexican resort: "The Global Move to the Free Market: The Example of the Americas."
July 26, 2009
Re: "Boosting your fees because they can," July 19: Lazarus shows no understanding whatever of free-market capitalism. The job of a corporation is to maximize profits for shareholders in any legal and ethical way possible, and that is what the four wireless phone companies are doing. If you don't like it, then don't buy a cellphone. John C. Diebel
December 20, 1989 |
Declaring that only a free market system can reverse decades of economic decline here, Czechoslovakia's new prime minister Tuesday proposed fundamental changes that would essentially dismantle his nation's Communist economic structure. After 40 years of Communist rule, "much of our inherited national wealth has been dissipated," Prime Minister Marian Calfa told the Federal Assembly, Czechoslovakia's Parliament, as he outlined the government's legislative program.
CALIFORNIA | LOCAL
January 23, 2001 |
Environmentalists are not happy with President Bush's nominee for secretary of the Interior. This is not surprising. Gale A. Norton is not Bruce Babbitt--long the darling of environmentalists. Norton brings a fundamentally different philosophy to environmental protection and management of the public domain. But it would be surprising if it were otherwise. Bush did, after all, win the election.
October 1, 1990 |
As Sunday's Berlin Marathon field of 25,000 streamed through the Brandenburg Gate, into East Berlin and back, some runners toward the rear of the pack carried German flags, while others were dressed in festive and outrageous costumes. The theme of the day was peaceful revolution and unification, but one runner focused on the wave of consumerism in East Germany's new free-market economy. He ran the 26.2 miles pushing a grocery cart.