I’m actually quite surprised to see such a leftist op-ed in IBD...they’ve been quite conservative, at least those that are posted here on FR. (I don’t get the paper so I don’t see the whole palette of opinions they publish)
One article doth not a lib conversion make; how long has IBD been on this kind of tilt? If you know or have an opinion.
IBD started up mainly because of the three hour gap between the coasts; the HOTS column in the WSJ was already having impact by the time the alarm clocks went off in LA. This was before the kind of wired world we now, I guess, enjoy.
Back in 1987’s crash (back when I was messing around in the market, in other words) the computer system for the NYSE, which had been considered seriously overbuilt because it could handle a 250 million share day, wound up three hours behind, something like that. M.W., the kinda hot broker down where I did my small amount of trading, told me over the phone that she didn’t expect to get out of there before 8 pm, and joked that if I cared about them, I’d bring them a pizza. Which I almost did, in hopes of gettin’ some, uh, stock tips.
Now a 250 million share day is considered a little slow. Amazing.
At one time the IBD seems pleasantly conservative compared to the WSJ, which by itself wasn’t exactly a liberal-leaning outlet. The go-go 1980s and 1990s made a lot of left-wingers rich, and also saw the rise of TCP/IP and the www. And the web made a smaller number of left-wingers rich as Croesus.
Redistribution will only work if conservatives run the apparatus. ;’)
Those from the left include David Ignatius, who is quite reasonable,and the left-wing lunatics like Richard Cohen, E.G. Dionne,jr, Ruth Marcus, Dana Milbank, and Eugene Robinson.
Those from the right include Victor Davis Hanson, KERRI HOUSTON TOLOCZKO, MIKE COSGROVE, the great DR THOMAS SOWELL, LAWRENCE KUDLOW, K.E. GRUBBS JR, Michael Barone, William F. Shughart ll, Larry Elder. William Wilson, Michelle Malkin, David J. Theroux, and Charles Krauthammer,