Chronicles Magazine Politcs

Regulation for Financial Sanity

The Federal Deposit Insurance Corporation (FDIC) just reported that U.S. banks lost money at a $100 billion annualized rate during the fourth quarter of 2008. Sounds grim, but it only describes the visible part of the iceberg our financial...

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  • VIEWS

    “It Takes Brass To Get Gold”

    Thomas Jefferson has left us an account of a supper-table conversation in the very earliest days of the U.S. government. Vice President John Adams (who was intended by nature for a preacher) declaimed at length about the virtues of the British...

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  • VIEWS

    Ask an Entrepreneur

    Want to learn how the economy really works? Don’t go into academia. Get a job. I spent six years of school filling my head with fancy theories and complicated mathematics, practiced under assumptions that often don’t work in the real world. I...

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  • NEWS

    NATO at 60: A Hollow Shell

    When NATO marks its 60th birthday on April 4, there will be much celebration. Proponents will hail not only the alliance’s longevity and past successes but its goals in the coming decades. Their optimism is based, in part, on statements by the...

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  • The Rockford Files

    Meet Rod Blago

    As the former governor of Illinois crisscrossed the country on his farewell tour, I kept imagining him lying back in his seat, scalp being massaged by his personal hairstylist (it takes work to keep that Serbian gangster hairdo in pristine...

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  • Cultural Revolutions

    Pick Yourself Up

    In his Inaugural Address, President Obama declared: “Starting today, we must pick ourselves up, dust ourselves off, and begin again the work of remaking America.” The President was paraphrasing Fred Astaire from the 1936 movie Swingtime.

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