Correspondence
Correspondence CHALLENGING CHINA IN HIS FIRST inaugural address, President James Monroe rightly declared that "national honor is national property of the highest value." In their recent editorial...
...In my case, his critique was that I "announced...
...The recession ended in March 1991, three months before my statement...
...However, there are also cases where collapses in the stock market have had only minor effects...
...Makin correctly points out that the bursting of speculative bubbles has often preceded downturns...
...The official language of the Roman Catholic Church is Latin...
...I agree with his idea that there are some students who should be allowed to drop out until they are more ready to handle the academic and social rigors of school...
...I have an additional solution: Just one time, hold the parents of the shooter criminally liable for the horrible damage done by their child...
...What happened...
...If we blithely concentrate on trade with China, the next generation of Americans could face the danger of a nuclear Pearl Harbor...
...When a strong nation allows itself to appear weak, the cost of reestablishing the perception of strength is high, unjustifiable, and often paid in blood...
...We may be able to make Clintonesque claims that our repeated use of the word "regret" was not an apology, but make no mistake—the damage has been done...
...In their recent editorial "A National Humiliation" (April 16/April 23), Robert Kagan and William Kristol have essentially described how the Bush administration is squandering that property by its timid response to China...
...While monetary policy was tightened too much in early 2000, the Federal Reserve reversed course and cut rates by 150 basis points in early 2001 and might well reduce rates even further...
...JOSEPH ALTONJI Scottsboro, AL WITH REGARD TO your "National Humiliation" editorial: Stick to your guns...
...Paul in any authorized Bible...
...The 1987 crash, in which the market lost a third of its value in two months, led to only one quarter of weakness, followed by a boom in 1988...
...I was pretty much a wretch, and probably a worm, too...
...We might reduce the damage already done by taking tough actions against China now, but we have taught them the wrong lesson...
...Moreover, the buildup in domestic inflation was absent as higher productivity, driven by technological advances, held labor costs in check...
...JAMES ECKERT Rochester, NY BULL OR BEAR...
...I am very tired of seeing and reading of parents who say they had no idea what was going on in their own home...
...They now know they can affect American rhetoric and policy to their advantage by holding Americans hostage, and that their only mistake was to release their hostages...
...Those folks, all military personnel who were aware of the dangers of their mission, were well treated...
...The absorption of Taiwan is the first step...
...Not so long ago parents were responsible for what their children wrought until age 18...
...April 16/April 23...
...My own preference is for surveillance flights to resume immediately— this time with our own fighter escorts...
...JERRY J.JASINOWSKI President National Association of Manufacturers Washington, DC NO DOUBLE-DIP JOHN PODHORETZ'S ARTICLE "George W. Bush and the R-Word" (April 2) criticizes former President Bush and other administration officials for their public statements...
...Our principal concern should not have been "our folks on Hainan island," as Bush called them...
...Although hard to find, Richard Starr may want to consider relieving himself of the banal Vatican II worship service by attending the traditional Latin Mass...
...As for "Amazing Grace," that hymn, along with Luther's sermon on God's grace, saved me at a very dark time in my life...
...If Starr wonders where this self-esteem rage of the past 20 years comes from, I suggest he read Chapter II of the Dogmatic Constitution on the Church, "The People of God" promulgated by the Church's Vatican II Council, and the writings of St...
...The great poetry of the original and its long-lived English translation aside, the meat of the hymn was taken out...
...Laymen with nothing better to do with their lives except serve on committees and subcommittees in order to bastardize tradition stay away from the traditional Latin Mass...
...The Tempter's power is great, and armed with cruel hate, on Earth is not his equal," has become "The old evil foe, sworn to work us woe, with dread craft and might he arms himself to fight, on earth he has no equal...
...If just one set of parents were prosecuted for the crime of their minor child, you can bet you would have the undivided attention of parents everywhere...
...Our principal concern should be to reverse the impression of weakness and fear that has so far characterized American action...
...That is exactly what occurred...
...KENNETH J. WOLFE Alexandria, VA CORRECTION BECAUSE OF AN EDITING ERROR, in John Wilson's review of Aiding and Abetting in our last issue, the date of publication for Muriel Spark's The Prime of Miss Jean Brodie was given as 1969 instead of 1961...
...We need to stop exporting military and dual-use technologies to China...
...China's policy goal is Fukuo Ch'iang-peng (wealthy nation, powerful military...
...ERIC GRANT Elk Grove, CA I READ WITH INTEREST the editorial accusing George W. Bush of "humiliating" America with the method he used in dealing with China...
...Please get back on the Republican side and play the game with the team...
...the recession had ended" in June 1991, shortly before "a double-dip back into negative growth...
...Where did that law go...
...In sum, the preconditions for a depression/deep recession are not present...
...In the deepest postwar recessions, 197475 and 1981-82, this pattern was aggravated by a rise in world oil prices...
...China wants to replace our country as the dominant power in Asia and, if a complacent United States permits, to rule the world as the Middle Kingdom...
...What surprises me is the way your magazine spun the story...
...It was presumptive and premature...
...Paul, who certainly has a better grasp of Christianity than Calvin...
...WHILE JOHN MAKIN is right to draw attention to the seriousness of the downturn, the risk of depression is lower than he suggests in his article "Recession or Depression...
...JOHN C. GMELCH Harrisburg, PA THE PROBLEM with "gender neutral" and "politically correct" texts making their way into religious music in the Church is not limited to the liberal rewrite of lyrics...
...How the rest of the world spins the situation can't be controlled but I am not at all surprised at anti-American sentiment after eight years of the Clinton administration...
...There was no double-dip into negative growth thereafter...
...Bush did not capitulate, nor did he negate our use of international air space, nor our right to sell Taiwan the military hardware they need...
...In 2000, we went through a milder version of this pattern...
...The classic pattern for postwar recessions was a buildup in inflation, followed by a drastic tightening of monetary policy...
...In addition to corporate America, today we have Sinophilic scholars, former government officials, and State Department hangers-on parroting China's policy positions in unison in the halls of our government...
...Luther wrote "A Mighty Fortress is Our God," often called the "Battle Hymn of the Reformation...
...MICHAEL J. BOSKIN Hoover Institution Stanford, CA FAR EAST DOMINATION WILLIAM HAWKINS'S RECOUNTING of how U.S...
...One objective may be to deter a potentially hostile power from gaining hegemony over Asia...
...The hymn's author may have felt like a wretch, but Christians are a "holy nation, a priestly people," according to St...
...LAURENCE G. HAWK San Francisco, CA RICHARD STARR'S COMMENTS concerning the changing of the words to this horrible hymn reflect a poor understanding of both Catholic theology and Chris-tology...
...Our show of weakness may have reduced the time in captivity of 24 American servicemen, but it has increased the risks to many thousands more over years to come...
...It's the same Mass that saints and martyrs attended throughout civilization...
...JAY LOO Lansdale, PA KEEPING KIDS SAFE THANK YOU FOR Jackson Toby's wonderful article on the school shootings and some of their causes ("Let Them Drop Out," April 9...
...Instead, while the economy went through several weak quarters, it is likely to return to higher growth in the second half of the year...
...Had the current versions been my only anchor, I would long since have been six feet under...
...The Bush team needs to develop a consensus world strategic view and concrete strategic goals in Asia...
...Reducing Japan into a vassal state is the next...
...In order for a deep recession to emerge, several other problems have to occur simultaneously...
...As a lifelong Lutheran recently broken with the Evangelical Lutheran Church over shared communion and pastorates with the Episcopalians, I saw it all coming when the ecumenical Lutheran Book of Worship replaced the old Service Book in 1978...
...Accompanying my statement that the recession was over was the observation that the early part of the recovery was likely to be weak, and that solid growth would not resume until 1992...
...While there was a rise in world energy prices and an excess of inventory, as of April 2001, inventories have been largely rebalanced and energy prices have leveled off...
...JUDY BEUMLER Louisville, KY GRACE UNDER FIRE IN THE SPIRIT OF MISERY loving company, I took guilty pleasure in reading Richard Starr's article on the airy-fairy nature of current hymnody in the Catholic Church ("Slightly Amazing Grace," April 2...
...Perhaps we can do that by the steps catalogued by Kagan and Kristol...
...During the inflationary period, inventories were overbuilt, so that much of the subsequent loss in output was due to the liquidation of stocks...
...How we resolve the air collision standoff and decide on arms sales to Taiwan should be consistent with our overarching economic and security interests in the Western Pacific...
...Satan isn't scary anymore, he's just tricky, and he's sworn to it...
...corporations helped build the Nazi war machine right up to the outbreak of World War II should sound alarm bells for the Bush administration ("Commerce Uber Alles," April 9...
Vol. 6 • April 2001 • No. 31
