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[IP] A BLISTERING editorial by an internationally-known conservative.





Begin forwarded message:

From: Jim Warren <jwarren@xxxxxxxx>
Date: November 7, 2004 6:49:55 PM EST
To: Dave Farber:;, Declan McCullagh <declan@xxxxxxxx>
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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