Obamacare Takes a Double Shot at the Economy and the American Dream
In a recent piece for The Wall Street Journal, Daniel Kessler, a senior fellow at the Hoover Institution, describes how the new health care law’s subsidy program to help low- and middle-income Americans purchase health insurance will have severe economic consequences. These will include discouraging work for qualifying individuals and other taxpayers, disrupting America’s labor […]
Obama Greets Muslims on Ramadan, Forgets Easter Greeting
Presidents have always on many holidays and commemorations of events made statements recognizing them. Which are largely perfunctory and symbolic gestures, many about events or holidays that nobody cares about. The White House has never forgot to release statements recognizing the observance of major Muslim holidays and released statements in 2010 on Ramadan, Eid-ul-Fitr, Hajj, […]
United States to Give $2.8b for Oil Refinery in Columbia
The U.S. Export-Import Bank, an independent agency of the federal government, is now planning a $2.84-billion loan of borrowed money, for a massive project to expand and upgrade an oil refinery in Cartagena, Colombia. The money would go to Reficar, a wholly owned subsidiary of Ecopetrol, the Colombian national oil company. This isn’t even the […]
Heritage Libertad Radio
On Sunday, April 24, the team at Heritage Libertad hosted their monthly talk show on WEBR Fairfax public radio covering topics including the economy, the debt ceiling, and Rep. Paul Ryan’s (R-WI) budget. It also featured an interview with Virginia Attorney General Ken Cuccinelli, who gave an update on the status of the case against the federal government regarding […]
Don’t Like Weak Dollar, Get Used To It!
CNBC is reporting the weakness in the US dollar, which is causing everything to go up—including gas prices, food and stocks—is unlikely to go away soon as a selling frenzy hits the currency market. The greenback is approaching pre-financial crisis lows and threatening to smash through its all-time low when measured against the world’s predominant […]
Gas Prices Soar, EPA Blocks Drilling
EPA Rules Force Shell to Abandon Oil Drilling Plans By Dan Springer FoxNews.com Shell Oil Company has announced it must scrap efforts to drill for oil this summer in the Arctic Ocean off the northern coast of Alaska. The decision comes following a ruling by the EPA’s Environmental Appeals Board to withhold critical air permits. […]
Gold And Silver Making New Huge Moves, As China Threats Dumping Dollar
Gold and silver are on fire to start the week, and obviously that means the dollar is sagging hard. There are reports of unnamed PBOC officials talking about shifting the bank’s massive reserves into hard assets outside the dollar. There’s another report of a banker (via ZeroHedge) urging a massive slashing of USD reserves. So […]
U.S. Inflation Caused Algeria, Tunisia, Egypt, and Libya Unrest
The National Inflation Association (NIA) announced in its November 5th, 2010, food price projection report that food inflation would take over as America’s biggest crisis in calendar year 2011, surpassing the mortgage crisis and high unemployment, which were the top economic concerns of Americans in 2010. NIA’s food price projection report received worldwide media attention […]
EPA Blocks Oil Drilling in Alaska
There are an estimated 27 million barrels of oil waiting to be tapped in the Arctic Ocean, off the coast of Alaska. But after spending five years and nearly $4 billion, Shell Oil Company has been forced to abandon its efforts to drill for oil in the region. With gas at $4 per gallon and […]
Virginia Protects Religious Liberty in Adoption and Foster Care
Virginia residents witnessed a significant victory for religious liberty this week. On Wednesday, Virginia’s State Board of Social Services voted 7–2 to reject a controversial policy that could have forced faith-based institutions to abandon their beliefs and cost Virginia many effective adoption agencies. Governor Bob McDonnell (R) is expected to approve the regulations. The proposed […]
The Debt Failsafe Trigger Danger
What is the “debt failsafe” trigger that the President rolled out in his speech on April 13? This is an idea that may be introduced into the debt limit increase debate next month, and it is a dangerous idea. If the Senate’s “Gang of Six” (a bipartisan group working to reduce the deficit) or the […]
