by Marc J. Fink • Dec 16, 2012 at 7:22 pm It’s not in America’s national security interest to have a Defense Secretary who regularly receives praise from an organization named an unindicted co-conspirator to fund the terrorist group Hamas in America’s largest terrorism financing case; an organization officially banned from cooperation with the FBI […]
Kicking the can is the least repugnant remaining resolution to the fiscal cliff. The only alternatives appear to be the Republicans’ unconditional surrender on income tax rates (and conceding their principles) or simply going over the cliff. The story is now a familiar one. Congress and the President conspire to delay every conceivable difficulty until […]
In just a little over a decade, the U.S. federal debt will exceed 100 percent of gross domestic product (GDP), an “economically damaging” level, according to analysis from The Heritage Foundation based on numbers provided by the U.S. Office of Management and Budget and the Congressional Budget Office. To the numbers: Fiscal year (FY) 2012 […]
Rep. Ron Paul (R-Texas) alleged that the recent escalation of violence between Hamas and Israel can be blamed on U.S. foreign policy, which, he maintains, favors Israel. “U.S. foreign policy being so one-sided actually results in more loss of life and of security on both sides,” Paul said, according to The Hill. “Surely Israelis do […]
Photo: Garry Gay/Stock Connection Worldwide/Newscom Not all surprises are good. When it comes to Obamacare, the original projections are turning into unfortunately different realities. For the next 12 days, Heritage is going to highlight one of the various changes in Obamacare projections (i.e. cost, enrollment, etc.) from when the law first passed until now. One […]
Much of the debate over wind subsidies this past year has been over the extension of the wind production tax credit. But even if the subsidy expires at the end of the year (as it is supposed to), that does not mean all wind subsidies are disappearing, even though they should. The wind industry receives […]
China’s largest auto-parts maker just won the bidding for A123 Systems, the bankrupted electric car battery company. It’s time to back the car up and remember where the American taxpayer started with A123. A123 received a $249 million grant as part of the 2009 stimulus. By the time it went bankrupt in October 2012, the […]
The State Department wants your opinion. No, not on weighty matters like the Arab Spring/Winter, relations with Russia, the state of NATO, or Chinese free-trade violations. The pressing question of the day is whether it should rename its blog DipNote. To tell the truth, the options are not exactly mind-blowing, a reflection of State’s […]
The Federal Reserve Board today announced the introduction of yet another hyper-aggressive monetary policy, dubbed “QE4” by some for the fourth round of quantitative easing. Three times a dud, fourth time a charm? Not likely. The Fed’s concerns for the economy are well-founded. The economy continues to struggle badly under President Obama’s economic policies of […]
The new Congress has fewer Jews for the second straight time. Israel is less of a drawing card. Just ask outgoing non-Jewish Rep. West. Jewish representation in the next Congress will drop by nearly 20 percent, the second consecutive time fewer Jews were elected. Although the number of Jews voting Republican presidential candidate Mitt Romney […]
