If you are confident the S&P 500 will be 20 percent higher a year from now, you might think an exchange-traded fund (ETF) whose objective is to provide two times or even three times the return of the S&P 500 would be just the ticket to earn 40 percent (two times) or 60 percent (three times). You couldn’t be more wrong.
The decline of the American labor movement is startling. In only 50 years, membership has dropped 80 percent. No mainstream American institution of note has dissipated at this pace before. Today, more Americans receive disability payments than belong to private-sector unions.
Let Rand Paul have his epic filibuster and Ted Cruz his scowling threats to shut down the government. Let Chris Christie thunder to a second term as the governor of New Jersey, his hubris flowering as his ultimate designs on the White House take shape.
The only commonly accepted facts about the immigration debate in Washington and at every other political level in America are these:
What is it about our Republican political stars here in Indiana that they are constantly underestimated and under-rated? The reason, of course, is politics.
They will call it Northern Colorado if they can get the job done. Ten counties in the rich area north of Denver produce almost all the agriculture and most of the gas and oil that comes from the Mountain State. Its residents pay well over half the taxes but garner a fraction of the representation in the Democratic-controlled Legislature.
A realization struck recently as I was sitting in the shade of an umbrella stuck into the white sand that rims Thunder Bay in northeast Michigan, a copy of “The Last Policeman” across my lap.
Which of our leaders ever talks with us about a good book she or he has recently read?
Brookings Institute researchers recently published a book called “Confronting Suburban Poverty in America” that profiles how quickly poverty is migrating from many urban centers to their surrounding suburbs. Metro-area poverty has grown fastest in the suburbs over the past 30 years—experiencing a 64-percent increase versus 29-percent growth in urban centers.
As a child, racial segregation was a fact of my life, whether by law or by custom. In the South, barriers between whites and blacks were rigidly codified by statute before the civil rights victories of the 1950s and 1960s.
Those of us who have seen the progress Indianapolis has made over the last several decades are justifiably proud of what has been accomplished. At the same time, most thoughtful observers agree on the need to address a range of problems—notably crime, fiscal pressures, education, transportation and neighborhood development.
It was a warm, sunny Monday in November when John McCain came to the Indianapolis airport seeking to pull out an Indiana win in the 2008 race for presidency. It was the day before Election Day. Confident Hoosier Republicans were thrilled about the first real campaign rally in this state by that year’s GOP nominee.
I generally stay away from education issues in my column, but recent thoughts compel me to divert from that practice.
We welcome a new leader to town to take one of our most important jobs—superintendent of Indianapolis Public Schools.
There has been significant discussion this summer about gay rights and marriage equality. Specifically in Indiana, House Joint Resolution 6, the amendment that would permanently alter Indiana’s Constitution to define marriage, has produced strong emotions on both sides.
Former Gov. Daniels seems to have a good grasp of Orwell’s notion that who controls the past controls the future and who controls the present controls the past.
Here’s something to ponder in the wake of the big stories that keep trickling out from the emails released by state Superintendent of Public Education Glenda Ritz: What if the emails in question had been from her own tenure in that office? Or, what if a reporter had asked Tony Bennett for the same emails while he was still in office (or asked for the emails from then-Gov. Mitch Daniels)?
When I read what then-Gov. Mitch Daniels said in an email to then-Superintendent of Public Instruction Tony Bennett about Marxist historian Howard Zinn’s work, my immediate reaction was, “My thoughts exactly!” I take great exception to Zinn’s characterization of American history.
It’s time to reboot the American Dream for Indiana by doing three things:
The answer is as old as the Bible: “Train up a child in the way he should go, and when he gets old, he will not depart from it.” Likewise, we are all familiar with the idea that we will reap what we sow, and this is true in our educational system.
