For Americans, the best-case scenario is that Washington’s ruling kleptocracy sleepwalks its subjects into smaller homes, smaller cars, smaller lives, and soft despotism so beguilingly they don’t notice it’s over until late in the day. A more likely prospect is a catastrophically convulsed America that descends into Balkanized ruin and social collapse on a planet […]
The U.S. is a worldwide business leader. However, high corporate taxes increase the difficulty for businesses to compete internationally in this age of globalization. Private investment in the U.S. can be increased if the federal statutory corporate income tax rate is reduced. According to Heritage analysts, the federal corporate rate matters for U.S. economic growth because […]
House Oversight and Government Reform Committee Chairman Darrell Issa (R-CA) claimed on Friday that the National Labor Relations Board had refused to comply with a subpoena the committee issued on Sunday. The subpoena asked for documents related to the NLRB’s action against Boeing, and requested they be sent by today at noon. “The National Labor […]
While American defense budgets are in a rapidly escalating free-fall, Chinese defense budgets have seen annual double-digit increases. China’s rapid military modernization is focusing on anti-access and area denial (A2/AD) technologies, which are designed to deny American naval and air forces access to the skies and waters off the Chinese coast. The problem is that […]
The folks at the National Whistleblowers Center (yes, there is one) like to tell of Samuel Shaw and Richard Marven, two sailors who landed in the brig in 1778 in retaliation for blowing the whistle on the commander of the Continental Navy, who had “treated prisoners in the most inhuman and barbarous manner.” Their bravery […]
You might think that a White House press briefing would be the one place where it’s safe to ask the Obama Administration a question about its economic policy. Well, think again, especially if you’re questioning the underlying premise of the Administration’s economic philosophy. Yesterday, The Wall Street Journal’s Laura Meckler asked White House press secretary […]
China began on Wednesday to test its first aircraft carrier, The Washington Post reported. The carrier is a retrofitted former Soviet ship called the Varyag. It is considered the first step in China’s plan to eventually build a handful of carriers as part of a wider development of naval might. China bought the carrier from […]
Late-night comedian Conan O’Brien’s blog has a new post parodying Washington’s excessive spending. “Team Coco has found out why our government is so broke,” the blog explains, “They’ve been spending all our hard earned tax dollars on some pretty ridiculous programs.” The post contains a list of humorous fake programs and encourages readers submit their own. But […]
Verizon employees went on strike this week in protest of the company’s proposed changes to its employee benefits, which would make a number of changes to employees’ benefits. The company’s collective bargaining agreement expired at midnight on Saturday. By Sunday, Verizon was already alleging a dozen instances of sabotage, and illegal attempts by strikers to […]
Egypt and Saudi Arabia want to construct a giant bridge to accommodate road and rail traffic across the Gulf of Aqaba, Der Spiegel reports. Egyptian officials say the project, under discussion since 1988, has been approved. Egypt’s interim Prime Minister Essam Sharaf of the ruling junta has reportedly put General Abdul Aziz, chairman of the […]
