Honolulu (AP) – A politically rejuvenated President Barack Obama arrived here late Wednesday for a 10-day family vacation in his home state. Air Force One touched down shortly before midnight local time. The president headed to the rented oceanfront home in Kailua Bay where his wife, Michelle, daughters Malia and Sasha, and dog Bo have […]
For years, people have been laughing at the horrific economic decline of Detroit. Well, guess what? The same thing that happened to Detroit is now happening to dozens of other communities across the United States. From coast to coast there are formerly great manufacturing cities that have turned into rotting, post-industrial war zones. In particular, […]
Republicans and Democrats can always agree on spending more money. Their default position is usually not to cover costs. But if they must, there’s one sure-fire political no-brainer: make foreigners pay. After all, they can’t vote. Next year, as Congress begins to take a closer – perhaps serious – look at the budget deficit, foreigners […]
David Seaman– I recently had the opportunity to interview Donald Trump. I asked him about the economy, taxes, and his presidential ambitions. His responses are below. Is the economy seeing real recovery, in your view, or is this just a calm before the storm? There has been some recovery, and I hope it’s substantial, but […]
American Secretary of State Hillary Clinton was reported to have remarked that it was difficult to negotiate with one’s banker in reference to America’s relationship with China. A large chunk of China’s $3,000,000,000,000 of reserves is in dollars. America’s huge indebtedness provides China with an advantage in negotiations with the United States. Of course, the […]
Heritage Foundation Senior Policy Analyst in Labor Economics James Sherk writes: “The Obama Administration recently rolled back union financial transparency reforms. New regulations will exempt many union trust funds, such as strike funds and apprenticeship programs, from financial disclosure laws. These regulations also end financial reporting for many government unions.” According to recent polling, 66 […]
Trend forecaster, renowned for being accurate in the past, says…. The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions – all within four years, while cautioning that putting food on the table will be a more pressing […]
Most of the time being number one is good. But when it comes to having the highest tax rate in the world, it is much better for a country to be bringing up the rear. Currently Japan holds the inauspicious distinction of having the highest corporate income tax rate in the world (39.5 percent). The […]
Majority Leader Harry Reid (D-NV) has just released an omnibus spending bill that will lock-in 2010 spending levels through the next fiscal year (ending September 30). The 1,924 page bill (pdf) contains unknown thousands of earmarks and will prevent the next Congress from making spending cuts until fiscal year 2012. Sen. John Thune (R-SD) released […]
Prime Minister Binyamin Netanyahu addressed the Globes Business Conference Monday and said that he wants Israel to be among the world’s top 15 countries in per capita income by the year 2025. “Israel’s economy over the past decade has been growing rapidly,” he said. “Our goal should be to be included in the leading 15 […]
