Pelosi: Unemployment Checks Fastest Way to Create Jobs

Unemployment benefits are creating jobs faster than practically any other program, House Speaker Nancy Pelosi said Thursday. Talking to reporters, the House speaker was defending a jobless benefits extension against those who say it gives recipients little incentive to work. By her reasoning, those checks are helping give somebody a job. “It injects demand into […]

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Russians Concerned Over Tehran Snub

by Hana Levi Julian Russians are registering concern over Moscow’s recent cancellation of its deal to sell Iran the S-300 anti-aircraft surface-to-air missile defense system. The move has prompted Tehran to ease away from Russia’s influence, warned a daily newspaper that reported Moscow will lose millions of dollars for cooperating with the United Nations on […]

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The Left’s New Enemy: “Empire”

by Daniel Pipes National Review Online June 22, 2010 We know what Marx, Lenin, Stalin, and Mao wanted (state control of everything) and how they achieved this goal (brutal totalitarianism); but what do their successors today want and how do they hope to achieve it? It’s a curiously un-examined subject. Ernest Sternberg of the University […]

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Strikes in China signal end to era of low-cost labour and cheap exports

China’s rulers make statements supporting workers rights as series of high-profile strikes suggest economic turning point. The Chinese Communist party called on employers to raise salaries and improve training for workers today, as Toyota became the latest foreign firm to be hit by a wave of high-profile strikes. The People’s Daily, the mouthpiece of the […]

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DOW to hit 1,000 by 2016?

Elliot Wave Predicts Triple-Digit Dow in 2016 by Peter Brimelow Commentary: If you think things are bad now… An  investment letter that called the Crash of 2008 said that this would be a bad year — and it now says it will get worse. A whole generation of investors think that Robert Prechter and his […]

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