Hoystory.com

The Dow Jones Industrial Index is up more than 450 points as I write. Less than one hour before the market close. Why? Well, probably because the Feds arrested the founder of Adelphia Communications Corp. and his two sons this morning. Want to improve confidence in the market -- put lying, cheating CEOs in the […]

Last month I mentioned that California Gov. Gray Davis had made a little mistake when it came to submitting to arbitration with some lawyers who had sued the state over its illegal "Smog Impact Fee" assessed on people who registered vehicles from out of state in California. Well, the courts have saved him -- and […]

I would have to say no. But then again, I could be wrong. My good, old (we're both "old" now aren't we?) friend Tom Davis criticized my post suggesting that we prohibit the issuance of visas to "any male between the ages of 18-50 from any Arab nation during wartime." Tom said that my suggestion […]

Hauser and others claim that there's something funny going on with Halliburton's accounting practices. I disagree. (surprised?) One commentator on the Halliburton item below pointed out that any cost-overruns on a Halliburton project would likely be contested. Though Halliburton would get paid something for the additional work, since it doesn't have the check in hand, […]

I don't religiously read all the comments posted on various items on this site. Sorry. It's just sometimes I'm not in the mood. Or I don't have time. Or I have some other reason that probably isn't really compelling. (I do however read the vast majority of my e-mail, even if I don't respond to […]

I didn't write much about it at the time, mainly because I was disgusted by the way the entire issue was handled from beginning to end. John Walker Lindh should have faced a military tribunal and then been executed for treason -- nothing more, nothing less. Instead, the plea deal gets Lindh out in 17 […]

If Krugman wrote columns like this one in Tuesday's New York Times I'd have to find another whipping boy. It's not that it's 100 percent accurate, or that there aren't some points that I disagree with, but, uncharacteristic of Krugman, it's reasonably fair. A few minor points of note about the latest column: Realistically, we […]

I'll catch up on posting tonight, but here's a short and funny note mentioned in a book I'm reading that I thought some of you might like. You can be honest; you can be intelligent; or you can be liberal. Or any two of those, but not all three. When I read that I laughed […]

The Washington Times Bill Gertz reports today that the U.S.is penalizing eight Chinese firms for exporting germ-weapons materials and missile technology to countries like Iran. The sales occurred between September 2000 and October 2001 and violated the Iran-Iraq Nonproliferation Act of 1992. The act mandates sanctions against companies or governments that make sales that "could […]

An editorial in today's Washington Post takes Bush to task for defending Vice President Dick Cheney. PEOPLE SAY that Harvey Pitt, the chairman of the Securities and Exchange Commission, damages the president's post-Enron credibility. On Wednesday, however, it was the president who damaged Mr. Pitt's credibility. At a news conference with Poland's president, Mr. Bush […]