Iranian civil defense commander Gholamreza Jalali said Monday the Islamic Republic’s nuclear program has fallen prey to a computer virus called “Stars,” Reuters reports. The Stars virus is the second in the cyber war against Iran’s bid for nuclear capability, following after the much-reported Stuxnet virus, Jalalai said the introduction of the new virus is […]
Today’s Wall Street Journal carries a stunning piece about a meeting that took place on April 16 in Kabul between Pakistani Prime Minister Yousaf Raza Gilani and Afghan President Hamid Karzai. The article asserts that Gilani sought to convince Karzai to break relations with the U.S. and instead seek an alliance with Pakistan and China, […]
Yesterday, the Supreme Court denied Virginia’s motion to bypass the appellate court and go directly to the Supreme Court in its challenge to the Obamacare litigation. The Court’s decision not to hear the case, delivered in an order without comment, was not surprising. While the procedure exists for the Court to hear cases after a […]
In a recent piece for The Wall Street Journal, Daniel Kessler, a senior fellow at the Hoover Institution, describes how the new health care law’s subsidy program to help low- and middle-income Americans purchase health insurance will have severe economic consequences. These will include discouraging work for qualifying individuals and other taxpayers, disrupting America’s labor […]
The U.S. Export-Import Bank, an independent agency of the federal government, is now planning a $2.84-billion loan of borrowed money, for a massive project to expand and upgrade an oil refinery in Cartagena, Colombia. The money would go to Reficar, a wholly owned subsidiary of Ecopetrol, the Colombian national oil company. This isn’t even the […]
On Sunday, April 24, the team at Heritage Libertad hosted their monthly talk show on WEBR Fairfax public radio covering topics including the economy, the debt ceiling, and Rep. Paul Ryan’s (R-WI) budget. It also featured an interview with Virginia Attorney General Ken Cuccinelli, who gave an update on the status of the case against the federal government regarding […]
CNBC is reporting the weakness in the US dollar, which is causing everything to go up—including gas prices, food and stocks—is unlikely to go away soon as a selling frenzy hits the currency market. The greenback is approaching pre-financial crisis lows and threatening to smash through its all-time low when measured against the world’s predominant […]
EPA Rules Force Shell to Abandon Oil Drilling Plans By Dan Springer FoxNews.com Shell Oil Company has announced it must scrap efforts to drill for oil this summer in the Arctic Ocean off the northern coast of Alaska. The decision comes following a ruling by the EPA’s Environmental Appeals Board to withhold critical air permits. […]
Gold and silver are on fire to start the week, and obviously that means the dollar is sagging hard. There are reports of unnamed PBOC officials talking about shifting the bank’s massive reserves into hard assets outside the dollar. There’s another report of a banker (via ZeroHedge) urging a massive slashing of USD reserves. So […]
There are an estimated 27 million barrels of oil waiting to be tapped in the Arctic Ocean, off the coast of Alaska. But after spending five years and nearly $4 billion, Shell Oil Company has been forced to abandon its efforts to drill for oil in the region. With gas at $4 per gallon and […]
