May 21, 2012 Mark Clayton: Cybersecurity: How US utilities passed up chance to protect their networks Howard LaFranchi: NATO summit: Who will foot the bill for long-term Afghanistan security? Chris Farrell : Earn Dividends in Emerging Markets with This WisdomTree ETF James K. Glassman: 5 Stock Picks Among Online Retailers Stephen Whiteside, Ph.D. : Mayo Clinic Medical Edge: Social anxiety disorder --- or just shy? Guy Jackson : Victim's father regrets death of Lockerbie bomber The Kosher Gourmet by Mario Batali: Famed chef's veal shoulder farsumagru: A festive meat course for late spring May 18, 2012 Rabbi Berel Wein: Striving: The People of the Book's Book for (All of) the People Caroline B. 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What you need to know before you buy Kathy Kristof: Our Practical Investor Fights Inflation with These 6 Investments Sue Hubbard, M.D.: The Kid's Doctor: Lactose intolerant young child? Check again Environmental Nutrition Editors: Get the facts on palm sugar sweetening The Kosher Gourmet by Kathy Hunt: Spread a Little Excitement with EXOTIC CONDIMENTS (4 RECIPES) May 14, 2012 Richard Simon: Purple Hearts for domestic terror victims? Nando Pelusi, Ph.D.: The privacy paradox: Surrounded by strangers, we risk isolation, anxiety Chris Farrell: Investing Lessons from the Great Recession Lisa Gerstner: How to Protect Your Identity, Finances If You Lose Your Phone Harvard Health Letters: Heart disease and dementia Tiffany O'Callaghan: New hormone mimics effects of exercise without the sweat The Kosher Gourmet by Megan Gordon: MANGO COCONUT OAT MORNING MUFFINS are a bright but hearty delight May 11, 2012 Rabbi B. 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Loiko: Putin sends warning to U.S., NATO in Victory Day speech at Red Square Mary Rourke: How being a 'mentch' got Vidal Sasoon his start and fighting in Israel's War of Independence provided him with confidence and a strong sense of his own identity Harvard Health Letters: Palliative care: Underused therapy yields surprising benefits Jeff Bertolucci: Get Home Phone Service for Less Than $10 a Month Rachel L. Sheedy and Susan B. Garland : Make the Right Moves to Boost Benefits The Kosher Gourmet by Betty Rosbottom: Gleaming with its golden, crimson, and snowy white hues, this silken smooth and creamy STRAWBERRY ORANGE TRIFLE looks impressive, but is easy to prepare May 9, 2012 John Rosemond: Parents, stop destroying the American male Valerie J. Nelson: Maurice Sendak, author of 'Where the Wild Things Are,' dies at 83 Bob Frick: Angst Over Annuities Sharon Palmer, R.D. 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Jewish World Review Feb. 25, 2009 / 1 Adar5769 Judging Obama By John Stossel http://www.JewishWorldReview.com | How will we know if President Obama's must-have "stimulus" program succeeds? Politicians grab credit for everything, so we should come up with a way to measure success. Obama said, "I expect to be judged by results." Let's oblige him. It won't be easy. Obama promises to "save or create" 3.5 million jobs, but if the unemployment rate is unchanged in four years, do we credit Obama for saving 3.5 million jobs that would have been lost? If new jobs are created, should stimulus get the credit? If the gain is in the government sector or in areas fed by taxpayer money, how do we know that the job creation didn't crowd out the creation of more and more productive jobs? If the gain is in the private sector, Obama's boosters will claim credit on the basis of the "multiplier effect." It's a favorite theory of politicians and their court economists that government spending has a bigger economic jolt than cutting marginal tax rates does. But not everyone is so sure. (Harvard economist Gregory Mankiw, for one.) The bottom line is that a lower unemployment rate will not prove that Obama's "stimulus" worked. Given time, the economy, unless totally crippled by government intervention, will regenerate itself. That's because an economy is not a machine that needs jumpstarting. It is people who have objectives they want to achieve. They will not sit on their hands forever waiting for government to "fix" things. Instead, they work to overcome obstacles to get what they want. Some banks are struggling, but there are still people who want to lend money and people who want to borrow it. They will find each other without government help. During the Great Depression, many Americans kept producing in spite of the burdens imposed by the FDR's New Deal. (Amity Shlaes calls these "the forgotten man".) Likewise today, economist Steven Horwitz writes, "[T]he American people are already doing something to create wealth and hasten the recovery, even if we are the ones forgotten in the battle over what Washington should do. Americans are going to work every day and providing for their families ... increasing their savings rates, making much needed capital available to the private sector ... imagining new and more efficient ways to use valuable resources." We should make sure that President Obama and his congressional colleagues don't take credit for what we do. It wouldn't be the first time a "leader" ran in front of a crowd and claimed to have led the way. What if the economy is still in bad shape a year or two from now? Will we get apologies from Obama and the stimulus advocates in Congress? Not a chance. Their excuse is already prepared: The stimulus was too small. On the day Obama signed the bill, his aides put out the word that another may be needed. The blame will not be put on the folly of stimulus, only on the meagerness of the spending. Heads — big government wins. Tails — free people lose. I don't want to play that game. It's important to remember that government has no resources it hasn't first commandeered from the private economy. Anything it does to stimulate economic activity necessarily preempts private activity. Where is the gain? Worse: Since monopoly bureaucracies are not as efficient as competitive businesses, government efforts won't get as much bang for the buck as private efforts. They will likely destroy wealth. Ah, say the Keynesians, people aren't buying, and that's why businesses aren't investing and hiring. Only government can jumpstart the economy. But people didn't just wake up one day and decide not to consume and invest. They hold back because the economy is uncertain. Then they hold back more because they don't know what activist government will do next. Will it prop up housing or other prices? Will it nationalize the banks? The way to get private activity going again is to let markets adjust to reality and set prices accordingly. Only then will economic activity resume and unemployment recede. If, through your perseverance, things begin looking up, credit belongs not to President Obama and Congress. It belongs to you. Archives Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here. JUST OUT FROM STOSSEL Myths, Lies and Downright Stupidity: Get Out the Shovel --- Why Everything You Know Is Wrong   Stossel mines his 20/20 segments for often engaging challenges to conventional wisdom, presenting a series of "myths" and then deploying an investigative journalism shovel to unearth "truth." This results in snappy debunkings of alarmism, witch-hunts, satanic ritual abuse prosecutions and marketing hokum like the irradiated-foods panic, homeopathic medicine and the notion that bottled water beats tap. Stossel's libertarian convictions make him particularly fond of exposes of government waste and regulatory fiascoes. Sales help fund JWR. JWR contributor John Stossel is co-anchor of ABC News' "20/20." To comment, please click here. © 2009, by JFS Productions, Inc. Distributed by Creators Syndicate, Inc.

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