Federal employees whose compensation averages more than $126,000 and the nation’s greatest concentration of lawyers helped Washington edge out San Jose as the wealthiest U.S. metropolitan area, government data show. The U.S. capital has swapped top spots with Silicon Valley, according to recent Census Bureau figures, with the typical household in the Washington metro area earning $84,523 […]
Apparently unemployment is not much of a problem in the private sector. At least Senator Harry Reid (D–NV) thinks so. Debating the Senate’s proposed $35 billion bailout for state and local governments, Reid argued, “It’s very clear that private sector jobs have been doing just fine. It’s the public sector jobs where we’ve lost huge […]
The “Occupy Wall Street” crowd may be dramatically out of step with the American electorate, but Big Labor likes what it sees. The AFL-CIO union has bought two prominently-placed Google ads for a pair of initiatives supporting the protests. The search term “occupy wall street” turns up two sidebar ads that link to AFL-CIO websites, […]
Americans remain convinced of Washington’s culpability in the economic crisis from which the country is still struggling to recover, according to a pair of new polls. The ongoing “Occupy” protests notwithstanding, Americans are more likely to blame the federal government than the financial sector for the country’s economic woes. According to a poll conducted by […]
America publishes roughly 288,000 books every year, more than any other country in the world. Although this is a wonderful reflection of our country’s thirst for knowledge, such a tidal wave of publications is a nightmare for people looking for top quality works. Where on earth do you begin to sort through the piles and […]
Sen. Dick Durbin (D-IL), author of the Durbin Amendment to the Dodd-Frank financial regulatory bill When Bank of America announced a new $5 debit card fee in late September (along with a slew of other banks), President Barack Obama condemned it, and yesterday some Democrat Members of Congress called on Attorney General Eric Holder to launch […]
The Obama Administration notified Congress today that the CLASS Act — Obamacare’s long-term care insurance plan — is unable to go forward due to critical design flaws that make the program unsustainable. In a letter to Congress, Health and Human Services Secretary Kathleen Sebelius wrote that “Despite our best analytical efforts, I do not see […]
Nine months ago, Egyptians were protesting in Tahrir Square, calling for former president Hosni Mubarak to step down from office. Today, Egyptians are demanding that the country’s military, a once revered entity, return the country to civilian rule in next month’s parliamentary elections. Thousands of Egyptian Coptic Christians march in Cairo during a protest against […]
The recent passing of Steve Jobs, while sad, is a good reminder that the freedom to innovate is, after all, one of the things that make this country so great. Those who criticize free-market economies fail to remember that this system has always made people free to dream big and equipped with the resources to […]
U.S. authorities announced today that they disrupted an Iranian plan to commit a “significant terrorist act in the United States,” making it the forty-second thwarted terrorist attack against the homeland. The federal government has filed criminal charges against two Iranians with conspiracy to murder the Saudi ambassador to Washington and conspiracy to commit an act […]
