Discouraging Retirement Savings Is No Way to Reduce the Federal Deficit

It’s a fact that runaway spending, not lack of revenue, is the cause of long-term federal deficits. Still, some continue to push for higher taxes to solve the problem. A favorite tool of would-be revenue raisers is to eliminate “tax expenditures”—revenue the federal government “forgoes,” they say, due to tax preferences given to priorities like […]

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Bank of Israel Governor (Who Kept Israel Out of World Recession) May Be Candidate to Head International Money Fund

Bank of Israel Governor Stanley Fischer is a possible candidate to head the International Money Fund but has made no final decision, according to a post on The Wall Street Journal’s financial matters blog. IMF director Dominique Strauss-Kahn, who was charged with rape in New York earlier this month, resigned the post on May 18. […]

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Amos Gilad in Cairo to Discuss Freeing of Gilad Schalit from Terrorist Captivity

Major General (res.) Amos Gilad, Director of Policy and Political-Military Affairs at the Israel Ministry of Defense, made a brief trip Thursday to Cairo to meet with Egyptian officials. Israeli security officials confirmed Gilad was in Cairo where he was expected to meet with senior Egyptian officials to discuss, among other things, “the Schalit deal.” […]

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In The Green Room: Rep. Allen West (R-FL) on Keeping America Strong

As a former service member, Congressman Allen West (R-FL) brings a valuable perspective to his work on the House Armed Service Committee. That knowledge and passion was on display during his speech yesterday at The Heritage Foundation on the importance of having clear foreign policy objectives and a military prepared to tackle any challenge. West’s […]

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Iran Seeks Israel Defense Forces Military Gear; Sale Thwarted

Despite their open hostility to Israel, Iranian officials recently tried to purchase military equipment formerly owned by the Jewish state, Spanish officials have reported. A group of five Spanish businessmen and three Iranians were arrested in Spain as the former attempted to sell the latter nine Bell-112 military transport helicopters formerly used by Israel. Police […]

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