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April 21, 2014

Andrew Silow-Carroll: Passoverkill? Suggestions to make next year's seders even more culturally sensitive

Sara Israelsen Hartley: Seeking the Divine: An ancient connection in a new context

Christine M. Flowers: Priest's execution in Syria should be call to action

Courtnie Erickson: How to help kids accept the poor decisions of others

Lizette Borreli: A Glass Of Milk A Day Keeps Knee Arthritis At Bay

Lizette Borreli: 5 Health Conditions Your Breath Knows Before You Do

The Kosher Gourmet by Betty Rosbottom Coconut Walnut Bars' golden brown morsels are a beautifully balanced delectable delight

April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review January 22, 2008 / 15 Shevat 5768

Clintonomics II

By Cal Thomas


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http://www.JewishWorldReview.com | Recessions happen. The stock market rises and falls. The question ought not be about how the market is doing today, but about its net gain over the years. Investing is about long-term economic commitment, not short-term gratification.


During the slugfest that was the Democratic debate in South Carolina Monday night, Sen. Hillary Clinton proposed a "quick fix" that would damage the economy at least as badly as Richard Nixon's wage and price controls, or efforts by the government to reverse the Great Depression, which arguably was caused in large part by government intervention in and manipulation of a free market economy.


Sen. Clinton said as president she would "have a moratorium on home foreclosures for 90 days to try to help families work it out so that they don't lose their homes." She would also "have an interest rate freeze for five years, because these adjustable-rate mortgages, if they keep going up, the problem will just get compounded. And we need more transparency in the market."


Then, in a version of George McGovern's guaranteed minimum income proposal that helped sink his 1972 presidential candidacy, Clinton said, "I think we need to give people about $650, if they qualify — which will be millions of people — to help pay their energy bills this winter." Why not instead accept payments offered by Venezuelan President Hugo Chavez? Former Rep. Joe Kennedy regularly testifies in TV commercials to Chavez's concern for America's poor. Chavez is offering discounted heating oil, courtesy of Citgo, which is owned by the Venezuelan government.


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In an interview with The New York Times, Sen. Clinton said as president she would inject government more into the economy and rely less on market forces. She specifically mentioned income inequality and economic excesses, such as executive-pay packages, which she termed "offensive" and "wrong."


What is offensive and wrong is her notion that government is better than free markets at producing wealth and spurring economic growth, when just the opposite is true. The best way to reign-in "excessive" executive pay is for stockholders to do it, not the federal government. And Sen. Clinton's proposed $650 gift to those who "qualify" is no better than the Bush administration's proposed cash handout to everyone. That money will most likely be spent on products made in China, further enriching a nation that is pursuing policies not in America's interests.


As Wall Street Journal editor Paul Gigot writes in an introduction to the "2008 Index of Economic Freedom: The Link Between Economic Opportunity and Prosperity" (co-produced by The Heritage Foundation), "The U.S. political debate is moving in a negative direction as 'fairness' and income redistribution replace growth as the policy lodestar and proposals for tax increases proliferate."


Markets do best when government mostly leaves them alone, but Sen. Clinton, who along with her husband has made — and Bill still makes — millions off their notoriety and the selling of his presidency, are set for life, so what do they care? They can pretend to care for "the little guy" even while taking steps that harm everyone but themselves and their rich friends.


Income redistribution is socialism no matter what other label is attached to it. There is a Commandment (the Eighth) against stealing, but when government does it, it is called taxation. The results are the same. The person out of whose pocket the money comes no longer has access to what he has earned and the person (or government) that takes the money often wastes it on things of which the earner would not approve.


The economy is adjusting because of greed, mortgages people couldn't afford and should never have been given and because adjustments are normal in a capitalistic system.


On Oct. 9, 2002, the Dow Jones Industrial Averages closed at 7,286.27. On Oct. 9, 2007 it closed at an all-time high of 14,164.53. Those who were invested in 2002 have made a lot of money. Those who buy now and stay invested will make money. Now is the time for optimism, not meddling by the federal government. What this economy needs is more freedom for the individual and less manipulation by over-taxing, over-spending and over-regulating government.

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.


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Cal Thomas Archives

JWR contributor Cal Thomas is co-author with Bob Beckel, a liberal Democratic Party strategist, of "Common Ground: How to Stop the Partisan War That is Destroying America". Comment by clicking here.

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