June 2, 2011 -- Oral arguments in the back-dated options case of Greg Reyes (pictured below) were conducted on May 10 and can now be heard on-line— here . To recall the facts of the case: During part of the time when Greg Reyes was CEO of Brocade, the company’s SEC filings failed to follow a commission rule in accounting for options issued to employees. (The rule is known as APB 25, and I have explained elsewhere why it is utterly absurd .) But Reyes was not charged merely with violating the SEC’s technical accounting and bookkeeping regulations. He was prosecuted for committing a criminal fraud. The prosecutors’ argument was that Reyes had purposely violated the APB 25 accounting regulation in order to avoid treating employee stock options as an expense, thereby inflating Brocade’s apparent earnings and deceiving investors about the worth of the company’s stock, which of course he held.

Jun 2, 2011

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14 de octubre de 2009-¿Es una coincidencia que la última película del célebre documentalista Michael Moore, Capitalismo: Una historia de amor

1 de junio de 2011

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Bradley Doucet

6 minutos

26 de marzo de 2009 -- La guerra contra las drogas ha vuelto a ser noticia esta semana. La Secretaria de Estado Hillary Clinton se dirigió a México el miércoles...

1 de junio de 2011

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Bradley Doucet

5 minutos

23 de septiembre de 2009-Algo que rara vez se aborda en el enconado debate sobre la atención sanitaria es por qué cuidamos tan mal de nuestra salud.

1 de junio de 2011

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Bradley Doucet

5 minutos

February 11, 2009 - The press has made much of the announced closing of the military detention camp at Guantanamo Bay, Cuba. But what about the rest of the island, still ruled by the Castro regime that has ground the nation of 11 million beneath its boot heels for 50 years now? Why do the Cuban people suffer so? The short answer is: they suffer because they live under a communist regime that has largely outlawed free enterprise, not to mention the free movement of people and the freedoms of speech, assembly, and the press.

1 de junio de 2011

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February 2, 2009 – One of the things economists across the political spectrum agree on is that protectionism is bad. It is clearly bad for foreign companies being excluded from domestic markets, but it is also bad for domestic companies using foreign inputs, and bad too for domestic consumers who must pay more for goods and services. Bad for everyone, in short, except the specific domestic industries targeted for special privileges. Oh, and the politicians who cater to those industries and can expect votes and contributions in return.

1 de junio de 2011

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March 6, 2009 - There is little good news for free market enthusiasts in President Obama’s first budget, unveiled last week. One of the exceptions is his proposal to rein in farm subsidies by cutting off one type of payment to farms with sales over $500,000 per year. The President actually deserves some credit for following through on this laudable campaign promise, and I certainly hope he succeeds in facing down the opposition.

1 de junio de 2011

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August 28, 2009--A few days before the Car Allowance Rebate System (CARS), better known as the “Cash for Clunkers” program, was brought to an end on Monday, August 24, President Obama said that it had been “ successful beyond anyone’s imagination .” With rebates of either $3,500 or $4,500 up for grabs, approximately 700,000 gas guzzlers were traded in for more fuel-efficient models. While there has been some noise about the U.S. Department of Transportation being slow to reimburse car dealers, and some protectionists complaining about purchases of foreign vehicles, supporters are nonetheless hailing the program’s results as a boon for the environment and for the economy.

1 de junio de 2011

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February 1, 2001 -- One consequence of the U. S. defense of Western Europe during the Cold War was that it made possible an unprecedented level of peaceful cooperation among West European nations. That cooperation has now culminated in the creation of the European Union (EU), a quasi-federal system that is in some ways like America's. Many of the Union's goals have been laudable: the elimination of protective tariffs between member states; the imposition of substantial budgetary-deficit- and national-debt restrictions in anticipation of monetary union; and monetary union itself, with its increased ease of price comparisons throughout Europe and the imposition of "Greenspanesque" monetary discipline on historically inflationary countries. We are even beginning to see movement toward Europe's assuming responsibility for its own military defense, which would reduce the burden borne by American taxpayers.

1 de junio de 2011

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December 20, 2002 -- "Drop the candy cane, step away from the punch bowl." Is that the order we’ll hear some day from armed food cops trying to prevent us from committing holiday health crimes against ourselves? Before you emit a "Ho ho ho" of derision, take a sip of your eggnog (360 calories per cup) and consider the ghost of Christmas future that might haunt us if we’re not careful. Here’s how the criminalization of Christmas goodies might come about. The first contributing element is the "war on fat." Some groups and agencies claim that 65 percent of Americans are overweight and 30 percent are obese. While many Americans do have serious weight problems, by the questionable standard used to generate these stats, athletes like Barry Bonds and Michael Jordan should go on diets. It’s also alleged that 300,000 die each year from weight-related problems. Never mind that the New England Journal of Medicine stated, "that figure is by no means well established. Not only is it derived from weak or incomplete data, but it is also called into question by the methodologic difficulties."

1 de junio de 2011

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Edward Hudgins

22 de noviembre de 2004 -- Si se considera Acción de Gracias como una fiesta de la cosecha, también puede verse como una celebración de los productores. Pero la..

31 de mayo de 2011

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2 minutos

October 1, 2003 -- Communism is dead; long live capitalism. Surely there is some truth to this claim, as even diehard advocates of communism

31 de mayo de 2011

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Herbert Londres

4 minutos

10 de abril de 2009-- Hace dos años, a la edad de 17, Eric Mohat se suicidó. El 27 de marzo de este año, sus padres interpusieron una demanda federal.

31 de mayo de 2011

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Bradley Doucet

6 minutos

Deténgame si ha oído esto: tres alcaldes y cinco rabinos entran en un bar... no, perdón, están entre rejas. En realidad, no es una broma...

31 de mayo de 2011

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Bradley Doucet

4 minutos

Innumerables artículos y libros han puesto de manifiesto la injusticia de las políticas igualitarias, desde la discriminación positiva a la retribución por "valor comparable"...

31 de mayo de 2011

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David Kelley Ph.D

7 minutos

El Presidente Barack Obama llegó al poder el pasado noviembre en medio de una ola de entusiasmo por su mensaje de esperanza y cambio. Esa ola está retrocediendo...

31 de mayo de 2011

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Bradley Doucet

5 minutos

April 1, 2003 -- The United States stands at a time of unparalleled military opportunity and danger. There is opportunity because the U.S. military substantially outclasses every other military force in its technology and its reach. The United States rivals the rest of the world in defense spending, yet the defense budget continues to consume little more than 3 percent of total U.S. annual income. America has great power without suffering great strains for it.

31 de mayo de 2011

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May 2, 2009 — The NBA playoffs are underway, and for a Boston Celtics fan like myself, it has been an exciting first-round matchup against the Chicago Bulls. As I write this, the Bulls have pushed the defending champs to a deciding seventh game in a series that has already seen an unprecedented four of the first six games go to overtime. In Game 6, which was only decided in triple overtime, the Celtics’ Ray Allen scored 51 points, including a playoff record-tying nine hree-pointers. Despite his hot hand, the Celtics lost by a single point.

31 de mayo de 2011

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May 20, 2009—I have been meaning to write about the plight of women around the world since reading Khaled Hosseini’s A Thousand Splendid Suns a couple of months ago. In that powerful novel, we follow the lives of two Afghan women who struggle to survive through the 1979 Soviet invasion, the subsequent civil war, and finally the rule of the Taliban. The novel makes one feel, viscerally, the injustice that permeates societies in which women are not recognized as full human beings with inalienable rights. Why are women still treated like chattel in so many parts of the world? Even in the most advanced, most civilized nations on the planet, where women actually often get preferential treatment, are there some respects in which the liberation of women remains an unfinished revolution?

31 de mayo de 2011

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Originally published in The Australian on February 3, 2003. For the second time in 17 years we watched in horror as a space shuttle blew up, killing its heroic crew. Our shock will be followed by mourning and then questioning of the future of the US space program and man's future in space. But as we mourn, it's important to put this tragedy in perspective.

31 de mayo de 2011

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Edward Hudgins