Patrick Pleul/dpa/picture-alliance/Newscom A last-minute accord struck early Monday morning between Cypriot authorities and International Monetary Fund and European Union officials is being hailed in Brussels as a breakthrough. In reality, the agreement simply papers over serious structural fractures within the eurozone and is likely nothing more than a temporary solution to long-term problems. The deal […]
Zick,Jochen/ZUMA Press/Newscom As opposition to the euro continues to build within the eurozone, Germany, the motor of the eurozone—frankly, the only thing holding it all together—is not immune. Recently, a new political organization has formed in Germany called Alternative for Germany. So far the group is only a collection of like-minded euro-skeptic German intellectuals with […]
Rainer Jensen/dpa/picture-alliance/Newscom Just what America needs: More taxpayer-funded green energy projects. The Department of Energy (DOE) and the U.S. Internal Revenue Service released plans to re-allocate more than $150 million in remaining manufacturing tax credits for “green” energy projects originally authorized by the 2009 American Recovery and Reinvestment Act (the stimulus bill), according to Recovery.gov. […]
Do you remember when President Obama promised: “if you’ve got health insurance, you like your doctors, you like your plan, you can keep your doctor, you can keep your plan. Nobody is talking about taking that away from you”? It turns out that the Affordable Care Act’s experts didn’t get the message. According to a […]
Newscom Today, Prime Minister Shinzo Abe announced that Japan will officially join the Trans-Pacific Partnership (TPP). This comes a day after Prime Minister Abe received the okay to join TPP by his Liberal Democratic Party, a month after visiting President Obama and discussing the partnership, and more than a year since Japan first formally expressed […]
Newscom House Republicans and various policy groups gathered on Capitol Hill this week to oppose a tax on carbon. “This is not a carbon tax,” said Grover Norquist, president of Americans for Tax Reform. “Carbon doesn’t pay taxes. People pay taxes. This is a tax on the American people.” A carbon tax would burden all […]
March 15 marks the first anniversary of the Korea–U.S. Free Trade Agreement (KORUS FTA). Over the past 12 months, a growing number of businesses in both countries have taken action to capitalize on the expanded opportunities created by the free flow of products, services, and ideas through the KORUS FTA. Although it is still early […]
After going nearly four years without producing a budget resolution, Senate Democrats today released a plan confirming their mantra about “balanced” approaches has nothing to do with actually balancing the budget. In their view, “balance” is a mix of higher taxes and higher spending, chronic deficits and debt, and a relentlessly growing federal government. Those […]
(CNSNews.com) — Jeff Kent, the former professional baseball player who was voted off the “Survivor” television show, left with a parting shot at President Barack Obama — and the amount of tax he would have to pay if he had won the $1 million prize. “You know what pisses me off, is that I think […]
Jim West/ZUMA Press/Newscom As the U.S. commemorates the 40th anniversary of passage of the Trans-Alaskan Pipeline Authorization Act of 1973, it is worth remembering the challenges the project overcame and how they mirror the challenges facing the Keystone XL Pipeline today. An 800-mile engineering marvel, the Alaska Pipeline was completed in two years and two […]
