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 […]
Israel has decided to pay off Palestinian Authority debts for electricity by using tax money the government collects for it. Finance Minister Yuval Steinitz ordered that 435 million shekels – more than $110,000 – not only will be withheld from the Palestinian Authority but also will be transferred to the Israel Electric Corp, leaving an […]
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 […]
On December 11, in a major win for Second Amendment rights, a three-judge panel of the U.S. Seventh Circuit Court of Appeals threw out Illinois’s virtual ban on the carrying of any guns, whether concealed or otherwise. In Moore v. Madigan, the state of Illinois claimed that there was no historical evidence of a “generally […]
North Korea again defied the international community today by launching a Unha-3 rocket, which is the same vehicle as its Taepo Dong-2 ICBM. Despite North Korean claims that the launch was of a civilian satellite, it is a clear violation of UN Security Council Resolutions. The U.N. Security Council (UNSC) presidential statement, passed after North […]
“We make some tough spending cuts on things that we don’t need; and then we ask the wealthiest Americans to pay a slightly higher tax rate. And that’s a principle I won’t compromise on.” At yesterday’s fiscal cliff campaign stop in Redford, Michigan, President Obama delivered these remarks and hammered away at his “balanced” plan […]
