Many people think that Investor's Business Daily is only focused on the nuts and bolts of investing. Inside those inky pages, however, are some of the most incisive editorials about current events that I have ever read. Michael Ramirez, their Pulitzer-Prize winning editorial cartoonist, is brilliant. If you only subscribe to one newspaper, IBD should be the one.
Let me introduce you to this wonderful paper by linking to their last editorial for 2009. An introductory excerpt follows the link.
The Year America Lurched Left
In our first editorial after Barack Obama's historic victory in November 2008, we acknowledged that "we were witnessing an event in which all Americans can take justifiable pride."
"More than any other development," we said, "the election of an African-American as president will show that most of us have indeed moved on, overcoming prejudice and fulfilling the promise than anyone can achieve anything in this great country if they set their mind to it."
But the election of this charismatic and well-spoken new leader may be momentous in another way, we added. "We may have elected not only one of the least experienced candidates in our history, but also one who may be guided by some principles different from what we're used to and on which the nation was founded.
"In fact, we may be installing the first president who openly favors change that, as unaccustomed as we are to the word, can only be described as socialistic."