The Day of the Hobbits

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Mocked by The Wall Street Journal and Sen. John McCain as the little people of the “Lord of the Rings” books, the tea party “Hobbits” are indeed returning to Middle Earth — to nail the coonskin to the wall. As even the Journal concedes, the final deal to raise the …

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Black America vs. Obama?

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“The Disappearing Black Middle Class” ran the headline over the Chicago Sun-Times story. And the statistics from the Economic Policy Institute were indeed sobering. In 2007, best year of the Bush era, white households had a median net worth of $134,280, compared with $13,450 for black households. By 2009, the …

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The Party’s Over

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The Crash of 2008, which is now wiping out trillions of dollars of our people’s wealth, is, like the Crash of 1929, likely to mark the end of one era and the onset of another. The new era will see a more sober and much diminished America. The “Omnipower” and …

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