As the rest of the world continues to drill off its respective coasts, the United States is heading in the opposite direction. The Obama Administration announced that the eastern Gulf of Mexico and the Atlantic and Pacific coasts will not be part of the government’s 2012–2017 Outer Continental Shelf program, effectively banning drilling in those […]
The “Bush Era Tax Cuts” are no longer “Tax Cuts.” In 2001 and 2003, the Congress approved a reduction in tax rates to spur the economy. The deal was, they would expire at the end of 2010 unless they were affirmatively extended. Let’s go to the calendar: 2001 was nearly 10 years ago. 2003 was […]
The political ground has been shifting rapidly ever since the American people delivered a vote of no confidence on the current direction of public policy when they went to the polls earlier this month. Nowhere is that shift more evident than in the recent release of a bipartisan plan to dramatically reform the nation’s health […]
A top economic adviser to the Democratic Party, speaking on deep background, told WMR that the domino-like collapse of the economies of Iceland, Greece, Ireland, and, now, possibly Spain, is coming also to the United States. One of the triggering mechanisms will be at the end of this month when two million idled workers, now […]
“For generations, parents have told their children about “The American Dream.” Basically it has meant building a life based on the foundational principles that created and have sustained America for more than 200 years.” Greater than any other country in the modern world, the United States offered, from 1776 to 2010, unprecedented opportunities to the […]
American pro-Israel activists are planning a massive national “Buy Israel Goods (BIG)” campaign next Tuesday and hope it will continue every day. The www.BuyIsraelGoods.org website includes a locator for finding stores in different areas that carry Israeli products. Previous “buy-cotts” in the United States and Canada have been highly successful, leaving many stores with empty […]
Washington (AP) – The economy grew a little faster over the summer than the government first thought. That modest pickup wasn’t nearly enough to significantly lower the nation’s high unemployment rate, and the Federal Reserve doesn’t expect the economy to improve much over the next couple of years. The economy expanded at a 2.5 percent […]
Interior Secretary Ken Salazar traveled to Louisiana on Monday to meet with oil and gas executives whose industry has been suffering from a “de facto” drilling ban since the government’s moratorium was lifted. Both of the state’s senators said Salazar failed to adequately address the core issues causing the logjam. Salazar’s trip to Houma to […]
Celebrating the company’s Wednesday initial public offering, President Barack Obama last night called his government takeover of General Motors a “success story.” “American taxpayers are now positioned to recover more than my administration invested in GM,” he said. Left unsaid is the fact that if the Obama Administration keeps selling their GM stock at the […]
Almost two weeks ago an unidentified missile was launched from somewhere off the coast of Los Angeles, and wide speculation as to what the hell it was has followed. A leading theory is that a Chinese missile launched from a submarine. The Chinese have spent the last 30 years building their army and economy and […]
