Whenever Washington leaders start talking about the economy, they like to refer to deals and legislation from years past. In the latest fiscal cliff talks, the Tax Reform Act of 1986 has come up. Why? A series of talks on how the impending fiscal cliff might be avoided kicked off when President Obama and congressional […]
Senate Majority Leader Harry Reid (D–NV) is expected to try to change the rules of the Senate to shut out the voices of the minority party in the new Congress. He calls it “filibuster reform,” but it is nothing more than a power grab by Senator Reid and the majority party to control the Senate’s […]
Justice is flowing like a river for an Oklahoma mom. A Piedmont police officer was fired for writing an excessively hefty fine for her three-year-old’s “public urination” on the family’s property. Ashley Warden was fined $2,500 earlier this month after three-year-old Dillan pulled down his pants to urinate on his grandmother’s front yard. The police […]
As we approach the “fiscal cliff,” there was little doubt that famed investor and self-appointed political sage Warren Buffett would pipe in at some point with his periodic call for higher taxes on his ilk of billionaires. Today was the day. Buffett, of course, is welcome to his opinion, but it is amazing that anyone […]
Protesters are clashing with police in Tahrir Square in Cairo, Egypt. (Photo: Polaris/Newscom) Egypt has been rocked once again by a political crisis triggered by President Mohamed Morsi’s relentless efforts to secure dictatorial power. Hundreds of protesters from liberal and secular opposition groups demonstrated in Cairo’s Tahrir Square, the birthplace of Egypt’s stunted “Arab Spring” […]
America’s free trade agreements in Latin America are a major opportunity. But even though the new U.S.–Panama free trade agreement went into effect on October 31, potentially creating up to 7,000 new jobs, the United States still seems to forget about our friendly neighbors close to home. Talk of pivoting to Asia and the changing […]
There are plenty of things to be thankful for this week, and this year as well. Yes, after our country’s recent elections, big government remains the rule here in the United States and throughout the West. Yet the language used by the candidates (both talked of reducing federal spending and creating jobs, for example) and […]
It has been reported recently that the poverty rate among Latinos has reached 28 percent. The number, based on a new poverty measure by the Obama Administration, should be interpreted with caution, as explained here and here. However, the overall point that more American Latino families, and Americans in general, are struggling to achieve self-sufficiency […]
An energy renaissance is underway in the United States. According to a new report by the International Energy Agency (IEA), America’s decades-long dependence on foreign oil may soon be over. By the mid-2020s, the United States is set to surpass Saudi Arabia as the world’s largest oil producer. Even more promising is that by 2030, […]
Egypt was wracked by protests today, the day after President Mohamed Morsi purged key judicial officials and issued a decree that granted himself sweeping new powers. In Cairo, protesters gathered in Tahrir Square, the epicenter of Egypt’s stalled revolution, to denounce Morsi’s power grab and chant: “Morsi is Mubarak.” There were reports of heavy rioting […]
