At yesterday’s joint press conference with British Prime Minister David Cameron, President Barack Obama ruled out any deadline for ending NATO’s air assault in Libya. “Qadhafi and his regime need to understand that there will not be a let-up in the pressure that we are applying,” Obama said. “Ultimately,” he added, “this is going to […]
“We received confirmation this morning…that Chrysler Group repaid, with interest, by wire transfer to the United States Treasury and by bank transfer to the Canadian government, every penny that had been loaned less than two years ago.” That simple statement by Chrysler (and Fiat) CEO Sergio Marchionne that Chrysler had paid off its taxpayer loans […]
People often remember the entire decade of the ’90s as a period of robust economic growth. Economic growth was so impressive in the latter half of the ’90s, in fact, that some claim the Clinton-era tax hikes spurred the economy to prosper. But was that actually the case? Did tax hikes really lead to a […]
“It was a bright cold day in April, and the clocks were striking thirteen.” It may be a bit dramatic to quote the opening of George Orwell’s classic 1984, but there is something quite Orwellian about the effects of H.R.946 – a piece of legislation that passed last year without much division, and that is […]
SACRAMENTO, Calif. (AP) — Even before the U.S. Supreme Court ruled Monday that California must drastically reduce its prison population, the state had begun taking steps to relieve severe overcrowding at the direction of a former actor-turned-governor who alternated roles between get-tough cop and social worker reformer. Former Gov. Arnold Schwarzenegger insisted in 2005 that […]
It is no secret that when it comes to the use of power, the Obama Administration vastly prefers “soft” power to the military variety. In a recent article in Politico, Michael Clauser, executive vice president of the Society of National Security Professionals, writes that proposed cuts to the Pentagon budget will “reignite a key Washington […]
The City of Chicago is preparing for the absolute worst. No, it’s not the financial crunch they’re worried about. While cities across the country are considering closing libraries, cutting services and even pleading for bankruptcy in order to avoid economic Armageddon, the Windy City is preparing for a global-warming-induced environmental apocalypse. The New York Times reports […]
According to The New York Times, Russia is seeking written guarantees that missile defense systems deployed in Europe by the U.S. and NATO in the future will not threaten Russia. The U.S., NATO, and Russia are in the midst of negotiations regarding the broader topic of missile defense cooperation. On the face of it, it […]
After Osama bin Laden’s death, it is clear that the war on terrorism is not over. Ayman al-Zawahiri, the former al-Qaeda’s number two, may take over as bin Laden’s heir, unless the interim operations leader Saif al-Adel, the former Egyptian commando with Iranian ties, gets the job. In the meantime, al-Qaeda in the Arabian Peninsula […]
While tabloid fare on marital fiascos (such as the recent demise of the Schwarzenegger–Shriver marriage) tends to dominate headlines, breaking news actually bodes well for marriage in America. According to a report based on census data released Wednesday, marriages are lasting longer, with three in four couples who married after 1990 celebrating their 10th anniversary. […]
