A BLISTERING editorial by an internationally-known conservative.

[David Farber <dave () farber net>]

Begin forwarded message:

From: Jim Warren <jwarren () well com>
Date: November 7, 2004 6:49:55 PM EST
To: Dave Farber:;, Declan McCullagh <declan () well com>
Subject: A BLISTERING editorial by an internationally-known 
conservative.

WHEW!  This is worth reading, if for no other reason than its source. 
It's by Reagan's former Asst. Secy. of the Treasury, who is also a 
former Cato Distinguished Fellow and former Wall Street Journal editor.

And he's not pulling his punches!

http://www.vdare.com/roberts/041105_infamy.htm
[Note:  vdare.com is part of The Ring of Conservative Sites]

The writer is Paul Craig Roberts, a senior fellow in Stanford's 
[notoriously conservative!] Hoover Institution, the John M. Olin Fellow 
at the Institute for Political Economy, and research fellow at the 
Independent Institute.

A former editor and columnist for the Wall Street Journal and columnist 
for Business Week and the Scripps Howard News Service, he is a 
nationally syndicated columnist and a columnist for Investor's Business 
Daily. In 1993, the Forbes Media Guide ranked him as one of its top 
seven journalists.

Roberts was a distinguished fellow at the Cato Institute from 1993 to 
1996. From 1982 through 1993, he held the William E. Simon Chair in 
Political Economy at the Center for Strategic and International 
Studies.

During 1981-82, he served as assistant secretary of the Treasury for 
economic policy. President Ronald Reagan and Treasury secretary Donald 
Regan credited him with a major role in the Economic Recovery Tax Act 
of 1981, and he was awarded the Treasury Department's Meritorious 
Service Award for "his outstanding contributions to the formulation of 
United States economic policy."

From 1975 to 1978, Roberts served on the congressional staff, where he 
drafted the Kemp-Roth bill and played a leading role in developing 
bipartisan support for a supply-side economic policy.

Roberts's books include The Tyranny of Good Intentions; The Capitalist 
Revolution in Latin America; The New Colorline: How Quotas and 
Privilege Destroy Democracy; and, Meltdown: Inside the Soviet Economy 
(Cato Institute, 1990). Roberts's The Supply-Side Revolution (Harvard 
University Press, 1984) was praised by Forbes as "a timely masterpiece 
that will have real impact on economic thinking in the years ahead."

--jim

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