Russia Moving to Gold Standard?

With the value of the U.S. dollar exponentially declining since the establishment of the Federal Reserve Bank in 1913, it comes as no surprise that many world leaders and international economists have expressed their desire for a new world reserve currency. In light of the global financial crisis, Russia may be moving toward ...  MORE

Walter E Williams: Black Education

In my "Black Education Disaster" column (12/22/10), I presented National Assessment of Educational Progress test data that demonstrated that an average black high school graduate had a level of reading, writing and math proficiency of a white seventh- or eight-grader. The public education establishment bears part of the responsibility for this disaster, but a greater portion is borne by black students and their parents, ... MORE

Thomas Sowell: Spilled Milk

The EPA's quest to protect citizens from milk spills (at great expense).
Despite the old saying, "Don't cry over spilled milk," the Environmental Protection Agency is doing just that.   We all understand why the Environmental Protection Agency was given the power to issue regulations to guard against oil spills, such as that of the Exxon Valdez in Alaska or the more recent BP oil spill in the Gulf of Mexico .... MORE