During the 2008 crisis, Fed has been printing tons of money and borrowed it out. Now if they increase the interest rate, how are people going to pay back this money? Without increasing rate already seemed like this money can’t be paid back. I think America is the biggest bubble in the history of man […]
Newscom No one knows how much ethanol Americans would use if the fuel didn’t receive preferential treatment. Would we use any at all? We do know it has drawbacks as compared to gasoline. Ethanol has less energy, so it reduces fuel efficiency and increases costs. It can damage small engines such as lawn mowers and […]
This week, the United Kingdom is sending 10 naval ships through the Mediterranean as part of a routine yearly deployment. In light of recent Spanish provocations over Gibraltar, and because some of the ships will anchor at “the Rock,” media is rife with talk of escalation. In reality, the deployment has been planned for some […]
When pediatrician Dr. Rosemary Fernandez Stein and her husband set out to start up a pediatric group in 1999, their goal was to provide outstanding medical service to underserved populations in Burlington, N.C.—primarily Hispanic patients who often had limited access to care. Back then, some of the biggest concerns were keeping overhead and health care […]
Li Muzi/Xinhua/Photoshot/Newscom The Obama Administration’s influence in Egypt has evaporated as Egypt’s “Arab Spring” hopes for a democratic transition have wilted during a summer of rising violence. Egypt’s army, which ousted the unpopular, autocratic and anti-Western President Mohamed Morsi in a July 3 coup, turned a deaf ear to Washington’s call for political accommodation with […]
(CNSNews.com) – Catholic Bishop Thomas Tobin, head of the diocese of Providence, R.I., said he recently changed his voter registration from Democrat to Republican, noting that the 2012 Democratic National Convention and the Democrats’ strong support for abortion and homosexual “marriage” was the last straw. “The a-ha moment for me was the 2012 Democratic National […]
Newscom Shocking new economic research has shown that receiving large gifts from the federal government is actually beneficial to states. That is not such a shock, is it? Another non-shock is that pro-stimulus journalists have misinterpreted studies to use them as evidence for national stimulus benefits. The studies are econometrically sophisticated, but stem from […]
This morning, the Obama Administration announced the award of over $655,000 in taxpayer grants to three Planned Parenthood affiliates to act as “navigators,” helping enroll Americans in federally facilitated insurance exchanges under Obamacare. Those grants are part of $67 million in federal funds that will go to over 100 organizations to help promote the health […]
“Heavens, I have staff who don’t make much money. This would be a really big bite for them.” That could be any employer talking about the costs of Obamacare. But it’s a Member of Congress—who’s happy the President will soften the blow for him and his employees. Ironically, when Members of Congress passed Obamacare, they […]
This is Jason Greenslate’s typical day: “Wake up, go down to the beach, hang out with my friends, hit on some chicks, start drinking.” He also plays in a rock band. And he’s living off food stamps. [youtube bP_izYhdehY nolink] He has no income—he’s not interested in getting a job—and he’s eating on your tax […]
