An attack on the rig drilling for gas off shore from Cyprus for an Israeli-American consortium would be considered an attack on the United States, says Richard Stone, chairman of the Conference of Presidents of Major American Jewish Organizations. Turkish Prime Minister Recep Tayyip Erdogan last month threatened to attack the Nobel Energy rig if […]
By Jamie Weinstein Speaking at the Congressional Black Caucus annual awards dinner in Washington Saturday night, President Obama made a verbal boo-boo. While defending his call for the rich to pay more in taxes, the president said he didn’t mind people calling him a class warrior for merely asking a billionaire to pay the same […]
Americans knew the negative impact Obamacare would have on the nation before the law even passed. Millions of Americans will be added to Medicaid, which already provides low-quality coverage and patchy access to care. The new law will not result in universal coverage, despite its $1 trillion+ price tag. Premiums will go up. And Americans […]
(The Telegraph) US Treasury Secretary Tim Geithner has accused China of “systematically stealing” American companies’ intellectual property in an unusually blunt attack. “They have made possible systematic stealing of intellectual property of American companies and have not been very aggressive to put in place the basic protections,” Mr Geither said on Friday at a conference […]
A few weeks ago, the President asked Environmental Protection Agency (EPA) Administrator Lisa Jackson to withdraw the agency’s draft for more stringent Ozone National Ambient Air Quality Standards (NAAQS). Although Jackson begrudgingly complied, the EPA is still moving to an ozone standard more stringent than the current one. The current ozone standard of 84 parts […]
Inefficient programs that don’t solve problems and are passed against the will of the American people seem to be the Obama Administration’s forte. Now their high-minded aspirations of a health care revolution are quickly unraveling as fatal glitches in Obamacare become apparent. Next up for implosion? The Community Living Assistance Services and Supports Act, otherwise known […]
At a recent Energy and Commerce hearing, health policy experts testified on the effects Obamacare will have on jobs and employer-sponsored coverage. The title of the hearing said a lot: “Cutting the Red Tape: Saving Jobs from PPACA’s [Patient Protection and Affordable Care Act] Harmful Regulations.” Since Obamacare will require employers to spend more money […]
Poland holds the rotating presidency of the European Union, but as the major issue confronting the union is the stability of the euro to which Poland has not switched (for the moment it is quite content with its zloty), it is Berlin rather than Warsaw that has been setting the tone. Even so, Poland’s finance minister Jacek Rostowski, who […]
President Barack Obama provided a broad outline of his deficit reduction plan Sunday that includes $1.5 trillion in new taxes through a new tax rate for millionaires and repeal of the Bush tax cuts for Americans couples making more than $250,000 per year. The millionaire’s tax proposal, dubbed the “Buffett Rule” by the White House, […]
Two years ago, as the United States was coming out of the last recession, President Obama was asked how raising taxes on anyone would help with the economy. The President’s answer? “Normally you don’t raise taxes in a recession, which is why we haven’t, and why we’ve instead cut taxes.” Fast forward to today, as […]
