Free Republic

In the old days, we used to enjoy movies in which Robin Hood would “take from the rich and give to the poor”. But in the real world things are not supposed to work that way. In a civilized society, property rights are supposed to be respected. Unfortunately, the truth is that the U.S. is becoming less civilized with each passing day. At this point, a “Robin Hood mentality” is starting to emerge all over America. Highly organized gangs of thieves are specifically searching for wealthy targets, and those targets are often being followed all the way home before being...

Every so often, a member of the economic orthodoxy decides to attack me personally in print. Today I'd like to address a column in The Philadelphia Inquirer, with this question as its lead: "Will China's decision to unpeg its currency to the U.S. dollar make Lou Dobbs shut up?" This was written by a nasty piece of business by the name of Andrew Cassel, who calls me "pompous," "portly" and a "protectionist." First, let me answer Cassel's question: No, it won't. By the way, Andrew, bad timing. The People's Bank of China now says that the 2 percent revaluation of...