Two major financial news publications, the Economist and The Wall Street Journal, published major articles in the past week arguing that the American nuclear renaissance has ended before it ever really began. While the articles differ slightly in their presentation, the basic common thread is that new nuclear power cannot compete with cheap natural gas. […]
(CNSNews.com) – Besieged by poor approval ratings amid escalating gas prices, President Barack Obama compared supporters of increased drilling and critics of green energy subsidies with those who believed in a flat Earth that wanted to be stuck in the past. Obama, speaking Thursday at Prince George’s Community College in Largo, Md., said that is […]
The Society for Worldwide Interbank Financial Telecommunication, or SWIFT, announced Thursday that it is cutting off some 30 Iranian banks and subsidiaries from its network, as part of global efforts to punish Iran for its nuclear weapons program. The banks punished are the ones that have already been hit by European Union sanctions. Some other […]
Talk of war with Iran is scaring investors away from Israel even though the country’s growing economy and hi-tech industry are considered a gold mine, according to the Calcalist business newspaper. “We Israelis do not recognize the concept of risk. We live here and raise our children here. But the situation with Iran is a top […]
Now heading for state number 12 after nearly two months on the road, The Heritage Foundation/Family Research Council tour Your Money, Your Values, Your Vote continues rolling across America. Following a successful week in North Carolina—reaching thousands of people over 11 events—this weekend we head southwest to Arkansas. Why are Heritage and FRC on a […]
In many of the Southern States, with a significant population of service-industry and agricultural sector workers earning wages at around the $8.75 – $10 per hour mark, the impact of rising gas prices is causing a large number to quit their jobs and file for unemployment or seek other types of State assistance. Many of […]
Food-stamp fraud and the government’s failed attempts to stop it were the focus of a House Oversight and Government Reform Committee hearing yesterday. Chairman Darrell Issa (R-CA) called the hearing in response to a Scripps Howard News Service investigative report exposing widespread abuse. The investigation revealed that retailers who lost authorization to accept food stamps […]
Most politicians and political commentators insist that this year’s election rests on economic concerns, not “social values” (contraception, abortion, gay marriage, and the like). But in America’s free market system, economics and values are in fact closely joined. Not only is capitalism the most successful system for generating wealth, but it does so in large […]
House Majority Leader Eric Cantor unveils JOBS Act In a move designed to make it easier for smaller businesses to raise money for expansion and job creation, House Majority Leader Eric Cantor (R–VA) has announced that he intends to package together six existing smaller bills into a bipartisan package. The combination, to be known as […]
(CNSNews.com) – Although Georgetown Law student Sandra Fluke testified to the House Democratic Steering and Policy Committee last month that contraception can cost a law student $3,000 over three years and that some of her fellow students could not afford it, a Target store only 3 miles from the law school currently sells a month’s […]
