Obama Hails ‘New Iraq,’ But Ignores Persecution of Christians and Other Religious Minorities

(CNSNews.com) – President Barack Obama, with Iraqi Prime Minister Nouri al-Maliki standing at his side, hailed a “new Iraq” on Monday, but he failed to acknowledge persecution of religious minorities in the country that the United States helped to liberate. “People throughout the region will see a new Iraq that’s determining its own destiny — […]

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Another Free-Money Report

Because the concept of opportunity cost is fundamental to all of economics, it is covered in the first chapter of every principles-of-economics textbook. Opportunity cost tells us what we give up when make decisions on consumption and production. There are no free lunches. In spite of the universal agreement on the importance of opportunity cost, […]

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Fact-Checking President Obama on “Trickle-Down” Economics

In a recent speech in Kansas, President Obama launched a diatribe against “trickle-down” economic policies. Not only did President Obama mischaracterize conservative tax policy, but facts rebut his claim that these policies have been a failure. The President began by invoking his understanding of conservative economic philosophy: “If the winners do really well, then jobs […]

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Syria’s Media Crackdown: No End in Sight

A Syrian living in Turkey shouts slogans during a protest against the government of Syria’s President Bashar al-Assad Syria remains a holdout in the Middle East against the forces of popular discontent. The regime of Bashar al-Assad has so far stayed in power throughout the Arab uprisings where the autocrats of Egypt, Tunisia, and Libya […]

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Chart of the Week: Where Does the Federal Government Get Its Revenue?

President Obama and Republicans in Congress continue to wage war over an extension of the payroll tax cut. But missing from the debate is any discussion of comprehensive tax reform that would eliminate payroll taxes altogether. Social Security and Medicare payroll taxes are the second-largest source of federal revenue, surpassed only by personal income taxes. […]

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“We Win; They Lose”: The Staggering Simplicity of Reagan’s Grand Strategy

Rhetoric and material strength go hand-in-hand to form the core of any coherent foreign policy. Drawing on his vast wealth of experience as a career Foreign Service officer under President Ronald Reagan, Charles Hill recently discussed the importance of having a comprehensive grand strategy. According to Hill, “rhetoric is important, but it has to be […]

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