by Daniel Pipes November 21, 2009 Since the ouster of Saddam Hussein in 2003, the U.S. taxpayer has been rebuilding Iraq and – for just as long – I have been complaining about this being unnecessary and even counterproductive. (See here, here, and here for sample critiques.) Comes a report today by Timothy Williams in […]
With the federal government coming off a $1.42 trillion deficit (“roughly twice individual income tax revenue“) and Washington already another $292 billion in the red, the president and his allies are determined to ramp up government “stimulus” spending even more and turn the Troubled Asset Relief Program (TARP) into a slush fund for politicians. But […]
A few media outlets cheered the announcement that Bank of America was repaying its $45 billion of bailout money ahead of time. Bank of America is now obviously healthy again, so it’s time to celebrate, right? Well, no. The main reason Bank of America paid back the money was to get out from under the […]
When Laure Cuccarolo went into early labor on a recent Sunday night in a village in southern France, her only choice was to ask the local fire brigade to whisk her to a hospital 30 miles away. A closer one had been shuttered by cost cuts in France’s universal health system. Doctors, trade unions and […]
Democrats plan to allow the government’s debt to swell by nearly $2 trillion as part of a bill next week to pay for wars in Afghanistan and Iraq. The amount pretty much equals the total of a year-end spending spree by lawmakers and is big enough to ensure that Congress doesn’t have to vote again […]
The House passed the most “ambitious restructuring” of federal financial regulations since the New Deal on Friday, this is certainly a direct hit at free world capitalism. The sprawling legislation would give the power hungry government new powers to break up companies that threaten the economy, create a new agency to oversee consumer banking transactions […]
By Matt Cover, Staff Writer House Majority Leader Steny Hoyer and House Speaker Nancy Pelosi arrive for a press conference after House passage of the health care reform bill at the U.S. Capitol on Saturday, Nov. 7, 2009. (AP Photo/J. David Ake) (CNSNews.com) – House Speaker Nancy Pelosi (D-Calif.) endorsed the idea of a […]
Virgin Galactic unveils commercial spaceship LOS ANGELES – A spacecraft designed to rocket wealthy tourists into space as early as 2011 was unveiled Monday in what backers of the venture hope will signal a new era in aviation history. The long-awaited glimpse of SpaceShipTwo marks the first public appearance of a commercial passenger spacecraft. The […]
