Iranian Spy Satellite Sits on Launchpad

Iran is ready to launch its second homemade spy satellite, with the Safir 2 rocket (Messenger of Ambassador) already in position on its pad, DEBKAfile’s military and intelligence sources report. The new satellite weighs 200 kgs, ten times more than Omid 1 (Hope), which was successfully tested only ten months ago, on Feb. 2. Tehran’s […]

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Get Ready for a 60 Percent Top Tax Rate

Gene J. Koprowski Economists who have the Obama administration’s policy-making ear simply do not believe that higher marginal tax rates will retard economic growth, writes economist Irwin Stelzer. Writing in the The Weekly Standard, Stelzer explains that the administration is flirting with such things as a 60 percent rate on the incremental income of high […]

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FedSpeak Translation – There Is No Recovery

In separate speeches, Janet Yellen, president of the Federal Reserve Bank of San Francisco, and Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, warned that rising unemployment could crimp consumers, restraining the recovery. Consumer spending accounts for about 70 percent of economic activity. That’s because there is no real economic recovery at all. […]

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Shocking numbers: Real unemployment tops 22%

Obama Administration figures deliberately understate economic downturn The true rate of unemployment for October 2009 may be 22.1 percent, not the 10.2 percent reported by the Bureau of Labor Statistics, Jerome Corsi’s Red Alert reports. Unemployment at 22.1 percent, if accurate, would be at numbers not seen since peak unemployment during the 1973 to 1975 […]

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Reaganomics vs. Obamanomics

By Dr. Paul Kengor President Obama says the economy is the worst since the Great Depression. Actually, it is the worst since the Reagan recession of 1982-83. Further, the 2009 market crash is not the worst since 1929 but since 1987—also on Ronald Reagan’s watch. What did Reagan do—or, more importantly, didn’t do—in response to […]

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Reagan Hated Berlin Wall From Start, Son Says

By: Jim Meyers With Monday marking the 20th anniversary of the fall of the Berlin Wall, Ronald Reagan’s son Michael tells Newsmax that his father was deeply troubled by the wall from the night it was first erected. Michael Reagan also said President Barack Obama’s decision not to attend the anniversary ceremonies in Berlin is “sad,” […]

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