Steve Jobs, Dead at 56

CUPERTINO, Calif. (AP) — Apple Inc. said the company’s co-founder Steve Jobs died Wednesday. He was 56. “We are deeply saddened to announce that Steve Jobs passed away today,” the company said in a brief statement. “Steve’s brilliance, passion and energy were the source of countless innovations that enrich and improve all of our lives. […]

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Islamic Law Conquering the West

by Clare M. Lopez Western liberal democratic civilization is under assault by the forces of shariah Islam. The so-called “Arab Spring” that swept across the Middle East in 2011, while encompassing the hopes and dreams of millions who seek freedom from tyranny, unfortunately has been commandeered for the violent phase of the Islamic Awakening that […]

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In Pictures: Debt by President? Obama Leads the Pack

When House Minority Leader Nancy Pelosi’s (D–CA) staff released a chart in May that attempted to illustrate how much past Presidents increased the national debt, it collided with a meticulous critique from Politifact that in turn led to a revised chart. The Washington Post’s Glenn Kessler weighed in as the original chart resurfaced recently, reporting […]

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For Proponents of More Federal Criminal Legislation, Ignorance of the Law Is Bliss

Animal rights activists and commercial fisherman may find little common ground, but both can share their plight as victims of overcriminalization.  The front page story in the Wall Street Journal juxtaposes these often-at-odds groups because they are vulnerable to the problems of overbroad and ambiguous legislation… along with the rest of us. Year after year, […]

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World is heading for ‘Great Stagnation’

There is a growing risk that the global economy will move from the ‘Great Recession’ into the ‘Great Stagnation’, according to economists at Goldman Sachs. By Angela Monaghan, Stagnations typically mean long periods of sluggish growth of about 0.5pc, low inflation, rising and sticky unemployment, stagnant house prices, and lower returns on shares, they said. […]

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Here Comes the Durbin Tax

As if further evidence actually is needed, Bank of America on Thursday demonstrated yet again how government price controls inevitably harm consumers—and low-income consumers the most. In this instance, the nation’s largest bank (by assets) announced on Thursday a new $5 monthly fee for use of a debit card. Several other banks are likewise imposing […]

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The Solyndra Legacies

The Obama Administration has been knee-deep in scandal after green energy “model” Solyndra went bankrupt less than two years after receiving a $500 million loan guarantee from the federal government. Now, they are up against another controversy. Days before a recent deadline, the Department of Energy brazenly approved two additional loans for more than $1 […]

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