In 2007, Congress halved the federal student loan rate to 3.4 percent but triggered the rates to increase to 6.8 in 2012. Now, Washington policymakers are debating whether or not to extend the 3.4 percent rate and hand the $6 billion “tuition” bill on to taxpayers. Despite claims by President Obama on his tour of […]
April 20, 2012 – Cairo, Egypt – Egyptian Islamist and Liberal parties march together into Tahrir Square for the first time since early in the revolution. There’s a bunch of good news coming from one senior official in the State Department. According to this unnamed source, “the war on terror is over,” and “people who […]
Over the past week, President Obama has been on the road making an appeal to young Americans, offering a sales pitch on lower interest rates for their burdensome student loans. What he didn’t mention, though, is the even bigger nightmare they’ll face down the road. The president’s meme is one that USAToday picked up on […]
On September 8, 2011—well after the enactment of Obamacare—President Obama told Congress: “Millions of Americans rely on Medicare in their retirement. And millions more will do so in the future.… But with an aging population and rising health care costs, we are spending too fast to sustain the program. And if we don’t gradually reform […]
The environmental agenda has been infected by extremism—it’s become an economic suicide pact. And we’re here to challenge it. Visit www.freemarketamerica.org. [youtube CZ-4gnNz0vc nolink]
India’s successful test of the Agni-V, a nuclear-capable long-range missile, is a major step forward for New Delhi in attaining nuclear deterrence against regional rival China. The lack of U.S. condemnation of India’s latest missile test demonstrates that the U.S. is comfortable with Indian progress in the nuclear and missile fields and appreciates India’s need […]
This weekend, Formula One’s Grand Prix will be held in Bahrain. Despite the escalation in protests by Bahrain’s Shia opposition, F1 head Bernie Ecclestone has stated that unless the race is cancelled by the national sporting authority, it will go on as scheduled. Cancelled last year because of unrest, the F1 race is a major […]
Talk-radio host Neal Boortz is no fan of the nation’s capital. “The place gives me the creeps,” he said on this week’s Scribecast. Boortz, a self-described libertarian who first visited Washington, D.C., in the 1950s, said federal bureaucrats have given the city a bad reputation. “I came to know Washington as a symbol of freedom, […]
The European euro/debt/growth/banking/identity crisis is entering its third year. With so many summits, toasts, tense conference calls, and self-congratulatory pronouncements of ultimate success by Europe’s brightest lights, why won’t the crisis just go away? Instead, it is ramping up as interest rates on Spanish and Italian debt rise to critical levels, signaling the end of […]
In 1971, America was introduced to President Richard Nixon’s “Enemies List.” The President had instructed staff to keep a list of political opponents, and as then-White House Counsel John Dean described it, they would “use the available federal machinery to screw our political enemies.” On the list were notable figures such as Paul Newman (actor), […]
