The United States said Monday it would exempt seven emerging economies, including India, from tough new sanctions after they cut back on oil from Iran, AFP reported. U.S. Secretary of State Hillary Clinton added India, Malaysia, South Africa, South Korea, Sri Lanka, Turkey and Taiwan to the list of those exempt from the sanctions. In […]
The expiration of the production tax credit (PTC) for wind and other renewable energy sources is the subject of intense debate. Some see the credit as a tool for creating jobs and battling global warming. Others see it as an expensive, market-distorting device that rewards inefficiency and punishes competitiveness. Support for the latter position is […]
Why is the economy going to collapse? Have you ever been asked that question? If so, what did you say? Sometimes it is difficult to communicate dozens of complicated economic and financial concepts in a package that the average person on the street can easily digest. It can be very frustrating to know that something […]
Celebrating six months on the road, Heritage’s nationwide tour Your Money, Your Values, Your Vote rolled on to its 20th and 21st states this week: Illinois and Michigan. A joint project of The Heritage Foundation and the Family Research Council, the tour has hosted events in 77 cities across the nation with more than 38,000 attendees. While […]
NGO also lists as past or present funders: The French consulate, the Italian Institutions Union, the Swiss Development Agency and others by Itamar Marcus and Nan Jacques Zilberdik A Palestinian NGO, the Burj Luq-Luq Social Center Society organization, performed a puppet show for children in East Jerusalem to promote non-smoking. The educational message delivered by […]
President Obama took to the national stage today and again repeated his claims that administration policies are producing a robust economic recovery. However, public opinion polls and recent election results underscore a very different perception: working Americans see an economy still deeply depressed in key sectors and much slower everywhere than it should be. In […]
President Obama’s latest speech laid out some policy retreads for tackling the tepid recovery, while he lectured Europe to get its act together. He is right about the sorry state of the U.S. economy, which has proven highly resistant, if not downright impervious, to his past stimulus efforts. And he is right about the threat […]
Yesterday, the Obama Administration hosted a health care town hall that was intended to focus on Obamacare’s impact on women’s health. Top Obama Administration officials participated, including the Secretary of the Department of Health and Human Services (HHS), Kathleen Sebelius. The discussion was heavy on emotion and light on the details of Obamacare’s provisions—and surprisingly […]
The stock market rose Wednesday in anticipation of Federal Reserve Board Chairman Ben Bernanke’s remarks Thursday. Traders sold Treasury bonds and bought stocks, hoping Bernanke would announce a new monetary stimulus. They were sorely disappointed. Speaking to the Joint Economic Committee of Congress, Bernanke emphasized that the Fed has America’s monetary house in order: Inflation […]
Maine’s new market-based health care reform is bringing insurance premiums down by as much as 60 percent in the individual market. Elected in 2010, Governor Paul LePage (R) made health reform a top priority and signed Maine’s new reform into law in May 2011. Shortly thereafter, he stated, “I believe that common sense, personal experience, […]
