China Ratings House Says U.S Already Defaulting on Debt
(Associated Press) A Chinese ratings house has accused the United States of defaulting on its massive debt, state media said Friday, a day after Beijing urged Washington to put its fiscal house in order. “In our opinion, the United States has already been defaulting,” Guan Jianzhong, president of Dagong Global Credit Rating Co. Ltd., the […]
White House Invites Gabonese Tyrant into the Oval Office
President Obama has kept at least one campaign promise: agreeing to meet with nefarious world leaders. Yesterday, President Ali Bongo Ondimba from Gabon added his name to the guest book at the White House. As director of Heritage’s Margaret Thatcher Center, Nile Gardiner, states, “In yet another display of extraordinarily bad judgment, the Obama Administration […]
Syria Pays Cash For Riot, Media Takes Propaganda For Free
Syria Pays Cash For Riot, Media Takes Propaganda For Free Once again a flood of headlines present Israel as an aggressor responsible for the deaths of dozens of unarmed civilians. Was this really a peaceful protest or another Syrian-engineered attempt to breach Israel’s border? Where did the media get it right and where did it […]
Guest Blog: Georgians Will Continue to Fight for School Choice Options
Better than 97 percent proficient in reading, 94 percent proficient in math, and a perfect 100 percent in writing: These are the most recent criterion-referenced competency test and 8th grade writing assessment scores for Ivy Preparatory Charter School located in Gwinnett County, a suburb of Atlanta. In a state where K–12 education results are not […]
‘Blizzard’ of Words, but Panetta’s Actions Will Determine National Security
At his confirmation hearing today, Defense Secretary nominee Leon Panetta argued that the Cold War of the 20th century had been replaced by a “blizzard” of threats in the 21st. Remarking that “for our troops, there has been no shortage of war,” Panetta will likely concentrate on winding down American involvement in Iraq and Afghanistan, […]
Obama Secretly Planning To Go Forth With a Fourth War
WASHINGTON — The Warlord Obama administration is starting another American covert war in Yemen, exploiting a growing power vacuum in the country to strike at militant suspects with armed drones and fighter jets, according to American officials. The acceleration of another American war in recent weeks comes amid a violent conflict in Yemen that has […]
Why Isn’t the National Debt a Sexy Story?
Speaking at yesterday’s Bloggers Briefing, conservative filmmaker Stephen Bannon held up a copy of USA Today to demonstrate the challenge of getting Americans to take seriously this country’s debt crisis. On the front page was a banner headline, “U.S. owes $62 trillion.” Underneath the headline and above the fold was a photo of a tearful Rep. […]
Something Just Happened: Big-Time Drop In The Dollar
Financial market weirdness had to ruin a perfectly quiet start to Wednesday, look at this 5 minute drop, right off a cliff! Notably, there was just a major drop in the dollar (against the yen) today. This drop off a cliff is mainly because of the U.S Federal Reserves Q&A on Tuesday. The market tanked […]
China Warns U.S: “Stop Playing With Fire” On Debt Ceiling
(Reuters) The U.S. is “playing with fire” over its debt ceiling debate and, “there is a risk a U.S. debt default may happen,” according to Chinese central bank advisor Li Daokui. Speaking at a conference in Beijing, Daokui said, according to Reuters: “If a default happens, the Chinese government should have a consultation with the […]
Obama’s Transparency on Science Doesn’t Include Nuclear
Today the House Committee on Science, Space, and Technology released a comprehensive report that details the Obama Administration’s attempt to prematurely and unnecessarily shut down the used nuclear fuel repository at Yucca Mountain. The report demonstrates that issues surrounding opening Yucca Mountain are purely political and not one bit scientific and technical. Perhaps the most […]
20 Ways That The U.S. Economy Has Gotten Worse Since Obama Became President
By almost any measure that you can think of, the U.S. economy has gotten worse since Barack Obama became president. Unemployment is higher, the cost of food and gas are skyrocketing, the number of Americans living in poverty has spiked dramatically, the housing market is in nightmarish shape and our national debt has absolutely exploded. […]
