President Obama will likely call for more education spending in his jobs speech scheduled for Thursday, and it’s anticipated that he will make a pitch specifically for new federal funding for school construction. But federally financed school construction is problematic on constitutional and practical grounds. The U.S. Constitution does not mention the word education and […]
News reports say that the Federal Housing Finance Agency (FHFA) will sue about 12 major banks in order to recover some of the losses that Fannie Mae and Freddie Mac sustained on mortgage-backed securities the banks issued. The suits will seek to make the banks repay a share of about $30 billion in losses from […]
The newly formed Joint Select Committee on Deficit Reduction holds its first meeting this week. The 12-member panel will gather at 10:30 a.m. Thursday for an organizational session, then meet again on Sept. 13 at 10:30 a.m. for a hearing on “The History and Drivers of Our Nation’s Debt and Its Threats.” The committee is […]
Liberals have spent the past two weeks asking Congress to write a blank check for federal disaster funding. They’ve concentrated their attacks on House Majority Leader Eric Cantor (R-VA) for seeking offsets in other areas of the budget to cover the additional aid. They’ve portrayed Cantor as a callous conservative, suggesting that his stance is […]
Shannen Rossmiller doesn’t look like your typical Islamic terrorist. But somehow the blonde mother of three from Montana figured out a way to fit in, posing a terrorist in jihadist chat rooms to help law enforcement hunt enemies of America. Ten years after 9/11 inspired her to study Islamic culture and teach herself Arabic, Rossmiller […]
September 11, 2001: the single worst terrorist attack any country has suffered in modern times. Few Americans will ever forget where they were when they got word that a plane had flown into the World Trade Center. In an instant, our nation was changed forever. Over the next week and a half, we invite you […]
One day after solar company Solyndra closed its doors, two U.S. congressman are asking the White House for all documents related to the federal government’s $535 million loan guarantee. The probe also seeks correspondence between administration officials and the company’s investors, seeking to uncover if the White House engaged in cronyism to reward a major […]
When in November 1942 the British Army broke and routed Rommel, and sent him fleeing through Libya, Winston Churchill recognized that it was not the end of the war. But it was, he said, the end of the beginning. We are at the same place in Libya today – not at the end, merely at […]
Major donors to President Obama have received favorable treatment throughout his administration. Today’s news that solar company Solyndra is going bankrupt demonstrates the consequences of that apparent cronyism. The company’s demise is likely to cost taxpayers hundreds of millions of dollars. Solyndra suspended operations Wednesday and will soon file for chapter 11 bankruptcy and lay […]
The Big Labor full-court press is in full swing ahead of President Barack Obama’s speech next week in which he will roll-out a new jobs plan. What do they want? You guessed it: more government spending (as if an auto industry bailout, Obamacare, and a $780 billion stimulus weren’t enough.) Yesterday, AFL-CIO president Richard Trumka continued […]
