Intel Chairman Craig Barrett Muses on Antitrust Silliness and High-Tech Success

May 17, 2009

Barrett: “[A]ll they are going to do is create barriers to companies growing, entering into new markets, bringing new technologies into those markets. And when we stop being the land of opportunity, all of those smart immigrant kids are going to start heading home after they graduate. Then watch what happens to our competitiveness.”

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Obama's Notre Dame Visit Sparks Campus Protests, Reveals Deeper Catholic Conflicts

May 17, 2009

As the President’s Sunday speech at Notre Dame is preceded by several protests and arrests of dozens of pro-life demonstrators, it’s worth noting the crisis in question runs much deeper than just the Obama appearance — it is about a severe disagreement within Catholic culture. Joseph Bottum explains the dividing lines with precision.

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Schadenfreude for the Critics: A NYT Economics Reporter Details His Personal Financial Crisis

May 17, 2009

The unassailable journalists of the Grey Lady: impossible to out-talk, invulnerable to inspection, never admitting faults. But when they do admit to it, what faulty reasoning is displayed, exactly the sort they criticize in others: “I had two utterly compelling reasons for taking the plunge: the money was there, and I was in love.”

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Twenty Years After Tiananmen Square, Legacy of Standoff Still Lingers in China

May 17, 2009

Verna Yu charts the good and bad consequences of the two-decades-old standoff between humanity and the armed might of grinding Communist tyranny. “The combination of a market economy and unchecked political power is a lethal one: the majority of society’s wealth is taken up by a small elite class of the powerful and well-connected.”

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Caught on CIA Criticism, Pelosi Tries Snap Back to Reality, Rediscovering Gravity

May 17, 2009

Speaker Pelosi’s backpedal on her CIA criticisms is in full force, and she’s taking the dramatic step, considering how much she loves the TV cameras (hardly a vice limited by party), of declining all requests for interviews from the Sunday talkers. That’ll totally shut down questions about what Pelosi knew and when she knew it.

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Eric Cantor: The New Ledger Interview

May 7, 2009

Eric Cantor: “A certain dose of contrition is absolutely in order. Could we have done better in terms of the fiscal record? Absolutely. But we have to come to grips with where we are, and understand that Republicans should begin to deliver again on equal opportunity, not equal outcomes. When it comes to the economy, it’s wrong for us to help those who can help themselves. We ought to be focused on helping those who cannot help themselves, and then empowering those who can to get back in the game.”

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Sources: BofA Not Required to Raise New Capital?

May 6, 2009

The government will not require Bank of America Corp. to raise any new capital as a result of its stress test, although the company will be required to increase its holdings of common equity, the most dependable kind of capital, by about $35 billion, according to people familiar with the matter.

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Israel Would Inform, Not Ask US Before Hitting Iran's Nukes

May 6, 2009

TEL AVIV (Reuters) – When he first got word of Israel’s sneak attack on the Iraqi atomic reactor in 1981, U.S. President Ronald Reagan privately shrugged it off, telling his national security adviser: “Boys will be boys!”

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Kindle DX Hands-On Initial Review, Bigger is Better

May 6, 2009

We just got a quick first in-person look at Amazon’s new Kindle DX. It looks bigger! Some quick thoughts on the device: * It’s not really drastically different from the Kindle 2. Not in any way. The ability to auto-rotate is nice, and the big screen is definitely easier on the eyes when it comes […]

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Bezos: Kindle Sales Now a Shocking 35% of Sales When Kindle Version is Available

May 6, 2009

Amazon (AMZN) CEO Jeff Bezos dropped a bomb on the book industry while rolling out the big-screen Kindle this morning, Dan Frommer reports.

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