Last week, the British government made a decision to change from the Carrier Variant of the Joint Strike Fighter (JSF) back to the Short Take Off and Vertical Landing (STOVL) variant of the JSF—as was originally planned before its 2010 Strategic Defence and Security Review. While this move was politically challenging for the coalition government […]
Chinese activist Chen Guangcheng called into a congressional hearing again yesterday, detailing reported abuse of his relatives and friends in the wake of his escape. When lauded for his courage and tireless advocacy for victims of forced abortion and involuntary sterilization, Chen simply remarked, through translation: “I am not a hero. I’m just doing what […]
Following through on President Obama’s announcement last month in Cartagena that the U.S.–Colombia Trade Promotion Agreement will take effect on May 15, 2012, U.S. Secretary of Agriculture Tom Vilsack made the following statement: Beginning today, U.S. agricultural exporters receive duty-free access on more than half of the products we currently export to Colombia, and virtually […]
Recently, Daryl Kimball and Tom Collina, both of the Arms Control Association, criticized the House Armed Services Committee (HASC) for taking hostage the implementations of the New Strategic Arms Reductions Treaty (New START) in order to provide necessary funding for the National Nuclear Security Administration. The article misrepresents facts. New START mandates U.S. unilateral reductions […]
(CNSNews.com) – President Obama’s fiscal 2013 budget proposal would double the interest rate on federally backed student loans from 3.4 percent to 6.8 percent–eight months after the November presidential election. The White House fiscal year 2013 plan calls for maintaining the current 3.4 percent interest rate for federally guaranteed student loans, but only through July […]
Last week, Representative Howard P. “Buck” McKeon (R–CA), chairman of the House Armed Services Committee (HASC), took issue with Secretary of Defense Leon Panetta’s criticism of the fiscal year (FY) 2013 National Defense Authorization Act (NDAA) that recently passed the committee by a vote of 56–5. The combination of the President’s FY 2013 budget request […]
By WALTER BERRY, Associated Press PHOENIX (AP) — As defiant as ever, get-tough Arizona Sheriff Joe Arpaio faces a federal court showdown over charges that deputies on his trademark immigration patrols racially profiled Latinos in violation of civil rights law. After months of negotiations failed to reach a settlement over the allegations, the U.S. Justice […]
Fellow Americans: It has been over three years (1,111 days to be precise) since the U.S. Senate last passed a budget. The last time Senate Majority Leader Harry Reid (D-NV) fulfilled his legal responsibility, Conan was still on NBC, Tea Parties hadn’t come together and the iPad hadn’t yet been introduced. This is one of […]
JPMorgan Chase’s $2 billion trading loss is top news nationwide. But over at the U.S. Postal Service (USPS), such losses are business as usual. USPS reported a typical (for it) $3.2 billion loss for the most recent quarter. Try that comparison on for size. JPMorgan Chase incurred a “whale” of a loss because, as explained […]
Thanks to the trillions of dollars that the Chinese have made flooding our shores with cheap products, China is now in a position of tremendous economic power. So what is China going to do with all of that money? One thing that they have decided to do is to buy up pieces of the United […]
