China tells U.S. “good old days” of borrowing are over

NEW YORK/SHANGHAI (Reuters) – China bluntly criticized the United States on Saturday one day after the superpower’s credit rating was downgraded, saying the “good old days” of borrowing were over. Standard & Poor’s cut the U.S. long-term credit rating from top-tier AAA by a notch to AA-plus on Friday over concerns about the nation’s budget […]

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Estonia’s Rebound Through Fiscal Discipline: A Message for America?

In the midst of a world embroiled in economic turmoil, a few nations have managed to do surprisingly well—among them, Estonia. After near economic collapse during the 2008–2009 financial crisis, the country has managed to successfully bounce back with substantial GDP growth, a vibrant trade environment, and a notable budget surplus. During the first quarter […]

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More National Security Broken Promises

The Obama Administration’s plan to increase funding for the U.S. nuclear weapons complex has little chance to succeed under the newly negotiated debt ceiling deal. The bill mandates a cut of $44 billion for discretionary budget authority in “security” spending from the President’s FY 2012 requested level. Automatic spending cuts, if triggered, would impose up […]

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Tele-med Abortions No Route to Making Abortion Either Safe or Rare

A new study says the growing practice of tele-medicine abortions, in which women are prescribed abortion-inducing medications without having a physician present, is “safe and successful”—but that declaration is dangerously deceitful. The truth is that at least 3,534 women have been mildly to fatally affected by the pill in question, Mifepristone, which was approved by […]

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Allen West, Darling of the Israeli Right

By PETER PATON In the current climate of deep mistrust and acrimony between the Benjamin Netanyahu-led Israeli coalition government and President Obama, a change of regime at the White House may well be the only way the diplomatic impasse may be broken in the future. For the Israelis in particular,the prospect of a sympathetic Republican […]

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Russia-China Joint Statement Discloses Opposition to US Policy

After attending the summit of the Shanghai cooperation organization in Kazakhstan Russian president Dmitry Medvedev and his Chinese counterpart Hu Jin Tao flew to Moscow where they worked on a mammoth gas sale agreement from Russia to China guaranteed to provide the Chinese with energy security and Russia with hefty profits. The haggling over price […]

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The Secrets of Acquiring Federal Employment

According to public employees’ unions, federal employees are substantially underpaid, and this year’s pay freeze is just one more slight against workers who could easily earn much more outside the government. It is curious, then, that so many people without federal jobs are lining up for them, apparently hoping to become “underpaid” themselves. Even out […]

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