The Palestinian Authority, which has been pushing to be recognized as a state in the United Nations, has won a symbolic victory—an upgrade of its status. Despite the fact that the Palestinian push for unilateral statehood violates all existing internationally agreed frameworks for negotiating a peace between Israel and the Palestinians, the United Nations General […]
On Monday, the U.S. Supreme Court, in granting a petition for rehearing in Liberty University v. Geitner, vacated the U.S. Fourth Circuit’s prior dismissal of Liberty’s challenge to Obamacare and directed the Fourth Circuit to reconsider its decision in light of the Supreme Court’s recent decision in NFIB v. Sebelius (2012). The Fourth Circuit had […]
Big-time global corporate powerhouses and influential Sacramento lobby shops ramp up to privatize California’s roadways. It slipped under the public’s radar, but a couple of years ago, Caltrans formed a unique contract that effectively privatized a major Northern California roadway traversed by millions annually. And now, more privatized highway projects might be approved over the next […]
California Gov. Jerry Brown on Sunday said California would start a tax-increase wave across the nation, but recent history suggests California’s tax increases will only accelerate the number of people who will leave California to other states with better tax climates. When asked whether California was going to start a “tax-increase sweep” across the nation on CNN’s […]
C’est la vie. Such is life in the French Republic, where unemployment is high, growth is low, and government is big. Since the global recession the French economy has been on life support, burdened by the suffocating presence of government in the economy and labor laws that reward lethargy. Thankfully, a new report by former […]
In a new video parodying Dr. Seuss’s whimsical style, the American Enterprise Institute puts the problem of growing entitlement program spending in a form elementary school kids can understand. It’s a good thing, too, because their generation will be burdened with paying for this skyrocketing spending if Congress and the President don’t start getting serious […]
The United States is headed for a recession during President Barack Obama’s second term, renowned financial guru Steve Forbes predicted Wednesday. “We won’t get a depression, thankfully. This is still a very resilient economy, but we will have a recession,” Forbes, chairman and editor-in-chief of Forbes Media, told Newsmax.TV in an exclusive interview. “Raising taxes […]
Stocks tumbled across the board Wednesday in the wake of President Barack Obama’s re-election, triggered by worries over the looming “fiscal cliff” and as fears over Europe’s economy reemerged. “I don’t think there’s a long-term market reaction to the presidential election itself—it’s now how quickly we can focus on the ‘fiscal cliff’ and coming up […]
Followers of the International Monetary Fund (IMF) have long joked that the fund’s acronym stands for “It’s Mostly Fiscal.” For a long time it has helped bail out basket-case economies with severe fiscal deficiencies, such as Greece, Russia, and Argentina. But a recent report shows that the IMF is now targeting the United States because […]
by Daniel Pipes November 3, 2012 Cross-posted from National Review Online, The Corner It happens every four years, as U.S. presidential elections roll around: I feel like a stranger. That’s because news reports blare out what’s not of interest: trivial statistics (171,000 jobs added in October; jobless rate up 0.1 percent to 7.9 percent), biographical […]
