COLUMN: 07-18-2007

The Dow Jones Industrial Average hitting a new record high of 14,000 this week is a clear indication of how the new global economy works. Whereas the American economy as seen by most Americans as very lackluster and the majority of the American people haven't seen any significant benefit from this "good" economy while their energy costs (among other things) have risen significantly, it is clear that we need to encourage some patriotic behavior from our corporate citizens to invest in their own country, rather than purely being interested in improving the bottom line by any means necessary. The previous statement should not be read as support for any kind of government intervention in the corporate world, but perhaps our corporate citizens would more keen to work for the betterment of America if they didn't have such easy control over the political process through our extremely broken system of campaign contributions.