Free Republic

Martketwatch -- (and now, for a contrarian column) -- More and more investors believe there is a free lunch. That is, you get something for nothing. In investing, people have been getting a free lunch: Stocks (and bonds) have been rising for years without a bad turnout. Will there ever be consequences of massive money printing by central banks, $20 trillion in national debt, a high trade deficit, underfunded social-program liabilities and higher deficits resulting from tax reform? One would think so. In theory, gold is supposed to be a hedge against the supposed free lunch investors are enjoying. In...

Sen. John F. Kerry yesterday blasted the Bush administration for war and homeland security policies that he said leave Americans more vulnerable to attack. Kerry’s remarks came in a Faneuil Hall speech on the eve of tomorrow’s five-year anniversary of the Sept. 11, 2001, terror attacks. In his fourth speech this year at the venue, Kerry accused the administration of using the tragedy that killed about 3,000 Americans to justify the war in Iraq. “It is immoral to treat 9/11 as a political pawn (to) excuse the invasion of Iraq,” Kerry said. “They were attacked and killed not by Saddam...