An unfair and out-of-balance online journal dedicated to seeking truth and finding fact at WVU Tech.
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Thursday, January 22, 2009
FIRE's open letter to Pres Obama on speech codes

January 20, 2009
President Barack Obama
The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500
Sent via U.S. Mail and Facsimile (202-456-2461)
Dear President Obama:
I write to you on this historic day to offer my heartfelt congratulations on your inauguration. Your achievement is a testament to the enduring promise of our great democracy and the constitutional ideals upon which our nation was founded.
As President of the Foundation for Individual Rights in Education (FIRE), I write also to request your assistance in ending abridgements of free speech on our nation's college campuses. Because you have taught constitutional law, you are particularly attuned to the importance of the fundamental freedoms guaranteed by the Bill of Rights. We therefore sincerely hope that you will help to eliminate censorship on college campuses and restore respect for robust expression in higher education.
Like most Americans, you likely would be surprised to learn how often the right to free expression is violated at our nation's colleges and universities, despite the fact that the vitality of these institutions relies upon the free and open exchange of ideas. In just the last year, FIRE has defended basic constitutional freedoms in some truly remarkable cases at both public and private schools.
To read the rest of this letter, go to FIRE's Web site
Monday, January 19, 2009
Lincoln may not have welcomed Obama's election

Saturday, January 17, 2009
Sweatshops offer world's poor hope, not despair

Saturday, September 20, 2008
Is Chili Mac next on the list of bailouts?

Next, Lehman Brothers sold the cow for a handful of magic beans and were allowed to collapse. But it is an election year, government's heels are rounder than usual, so it may not be the end of the bailouts.
Meanwhile, none of the candidates has dared to speak out on another crisis: Chili Mac.
For more on this commentary, go to The D.C. Examiner
Sunday, August 31, 2008
Confusing wealth with income

Which of the following families is "richer"? The first family consists of a wife who has recently become a medical doctor, and she makes $160,000 per year. Her husband is a small business entrepreneur who makes $110,000 per year, giving them a total family income of $270,000 per year. However, they are still paying off the loans the wife took out for medical school and the loans the husband took out to start his business, amounting to debts of $300,000. Their total assets are valued at $450,000; hence, their real net worth or wealth (the difference between gross assets and liabilities) is only $150,000.
The second family consists of a trial lawyer who took early retirement and his non-working wife. They have an annual income of $230,000, all of it derived from interest on tax-free municipal bonds they own. However, their net worth is $7 million, consisting of $5 million in bonds, a million-dollar home with no mortgage, and a million dollars in art work, home furnishings, automobiles and personal items.
The second family is clearly far better off financially than the first family, yet many in the U.S. Congress, including Sen. Barack Obama, want to increase taxes on the first (and poorer) family and not on the wealthier family. They have mis-defined "rich" by confusing a flow (income) with a stock (real net assets), and thus come to the wrong conclusion. They want to tax those (who make more than $250,000 a year) who are trying to become rich, while preserving the status for those who already have wealth.
For more on this commentary, go to CATO.org
Thursday, August 21, 2008
Fighting back against junk mail

That’s 4.5 million tons of junk mail produced each year!
44 percent of all junk mail is thrown in the trash, unopened and unread. Approximately 40 percent of the solid mass that makes up our landfills is paper and paperboard waste.
In addition to contacting the Direct Mail Association to opt-out of all unsolicited offers, the folks at the Office of Strategic Influence suggest attaching the postage-paid envelope that comes in the unsolicited letter to a box containing a brick. Since the company has to pay $.25 for each ounce, an eight pound package will set them back $25.
Friday, August 15, 2008
McCain, Obama Equally Ignorant on Solving Gas Price Crisis

In an interview last week on National Public Radio, Barack Obama was asked about his proposal for a "windfall profits" profits tax on oil companies. To her credit, the interviewer prefaced her question by noting that nearly all economists from across the political spectrum oppose the idea. Taxing oil company profits won't make gas any cheaper — it'll likely make it more expensive in the long run by discouraging exploration — and it won't speed the development of alternative energy sources. Obama's answer was pure demagoguery, pitting senior citizens and working class families against oil companies, who he says are reaping profits "hand over fist."
Obama's opponent John McCain has smartly opposed a tax on oil company profits — and Obama has promptly attacked him for it.
But McCain isn't much better. McCain has proposed an equally ridiculous "gas tax holiday," which will also do almost nothing to provide relief at the pump. Obama has smartly opposed the idea — and McCain has promptly attacked him for it.
Economic ignorance is nothing new in politics. Neither is the idea that a candidate would perpetuate economic idiocy he knows to be false because it plays into the narrative he's pitching to the voters. But no issue seems to prompt more jaw-dropping sophistry and anti-capitalist demagoguery than gas prices.
For more on this commentary, go to FOX News.com