Wallace G. Smith | Page 46 | Tomorrow's World

Wallace G. Smith

Europe: Death Throes or Birth Pangs?



Are the “Dark Ages” creeping up on Europe once again? The news and opinion pages are full of dire headlines. Some are taking the demise of a unified Europe as an impending inevitability. But is that really what comes next? Or is there more to the story?

“Welcome to Hell, bin Laden”



As I read the news coverage of Osama bin Laden’s death, one forceful comment jumped out at me: “Welcome to Hell, bin Laden,” wrote Mike Huckabee, former Arkansas governor and 2008 presidential candidate.  Is Huckabee right?  Is Osama bin Laden now in Hell?

Commodities and the coming "Standard-of-Living Shock"



It wasn't the front page headline of the Wall Street Journal, but its message deserves the attention of every American who currently enjoys his way of life.  In Ms. Kelly Evans' small column deep within that paper on February 17, 2011, the title concisely explained what most Americans don't yet understand: "A Standard-of-Living Shock Is the Danger."

Will the mighty U.S. dollar fall?



The front page headline of the Wall Street Journal on October 8, 2010, should grab every American's attention: "Dollar's Fall Roils World."  The article points out how the U.S. dollar has fallen to historic lows against many of the world's currencies.  Why?  Other nations' continuing fear of the Federal Reserve's reckless injections of "Monopoly money" into the financial markets to prop up America's faltering economy.

Who are your teachers?



My family and I watch our share of nature documentaries, and we are always entertained by scenes of newborn animals—gazelles, giraffes, etc.—struggling, mere moments after birth, to walk. As they struggle on their wobbly legs, instinct pushes them to walk and run as soon as possible, lest they fall as quick prey to predators or become a burden on their herds.

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