Historians will look at October 7, 2023, as the day reality began to dissolve the elite fantasy about diplomatic negotiations with terrorists.
Before Hamas’s terror attack on Israel, even Prime Minister Netanyahu — a tough realist — had to operate within the global establishment’s fantasy vision that bloodthirsty extremists could be talked into compromise and peace.
However, Hamas’s barbarism decisively broke Israeli willingness to play along with the establishment belief in negotiated peace. Faced with the horrors of that day, Israelis overwhelmingly concluded that destroying their mortal enemies was the only path to security.

- The Empire of Liberty vs the Dictatorship of Hate
Watching the parallel television coverage of the American celebration of our 250th anniversary and the funeral of Ayatollah Ali Khamenei gave me a deep sense of contrast. - Bite of Capital Gains Taxes Can Be Eased, as Greenspan Foresaw, by Adjusting for Inflation
Why, asked ‘the Maestro,’ should anyone have to pay taxes on fake appreciation driven by a declining currency rather than a real gain? - Celebrating America’s 250th Anniversary
The next 250 years will not write themselves. They will be written by citizens who still believe, as our founders did, that self-government is worth the trouble. - Trying to Understand the Dance in the Persian Gulf
It will require a lot more patience and tolerance than is normal for the American people, the Congress, or the news media. - Democrats’ Socialist Surge Sets Up a Dilemma for Hakeem Jeffries
If he decides to legitimize the radicals, he will put every Democratic candidate in the country on the line.
