Congress Really Has Only 9 Days to Lift Debt Ceiling, Avoid Default
The White House has said that unless Congress gives it the green light to lift its $14.3 trillion debt ceiling by Aug. 2, it will default. That would mean lawmakers have about a month to decide whether or not to approve raising the borrowing limit, right? Wrong. In reality, they have about nine days when […]
Chinese Scam U.S Navy With Bogus Microchips That Could Have Disarmed U.S. Missiles
(Robert Johnson) Last year, the U.S. Navy bought 59,000 microchips for use in everything from missiles to transponders and all of them turned out to be counterfeits from China. The reports show the chips weren’t only low-quality fakes, they had been made with a “back-door” and could have been remotely shut down at any time, […]
China to Build U.S Bridges, Not U.S Workers
(By Malcolm Moore, Shanghai) Next month, four enormous steel skeletons, the last of the 12 segments of the bridge, will be shipped 6,500 miles from Shanghai to San Francisco before being assembled on site. The bridge, which will connect San Francisco to Oakland on the other side of the bay, is a sign of how […]
Obamacare: Bad Sixth Circuit Decision Assures Supreme Court Review in the Fall
Today, the Sixth Circuit Court of Appeals issued a decision upholding Obamacare against a constitutional challenge. While this is disappointing, there are several reasons to believe that this flawed decision is not predictive of how the Supreme Court will rule. In recent years, the Sixth Circuit has achieved a growing reputation for not just reversals, […]
Two Cheers for the Coburn–Lieberman Medicare Proposal
Senators Tom Coburn (R–OK) and Joseph Lieberman (I–CT) unveiled a major Medicare proposal. Based on preliminary estimates provided by the Congressional Budget Office (CBO), the proposal would reduce total Medicare spending by more than $600 billion in the next 10 years and cut the program’s long-term (75-year) unfunded liability by approximately $10 trillion. This is […]
Obama, Democrats, Republicans AND Bernanke All in a Bind – What they will do and when
(Bruce Krasting) We have two distinct groups in D.C. that are stuck between a very big rock and a hard place. The first is the Federal Reserve. The second is the Democrats and Republicans and the battle being waged over the debt limit. I see a possible solution to these impasses. It’s so simple that […]
Chemical Industry Fears Job Losses If Congress Subsidizes Natural Gas Cars
America’s chemical industry is one of the biggest consumers of natural gas. But it is stridently opposed to government interference and taxpayer-funded subsidies for the production, use and purchase of natural gas vehicles. American Chemical Council chief executive Cal Dooley, a former Democratic congressman from California, spoke at today’s Bloggers Briefing about the organization’s criticism […]
Five Impacts of the New York Same-Sex Marriage Vote
The New York legislature’s vote last Friday night to redefine the family and recognize homosexual marriage will have a number of impacts within and well beyond the Empire State. The vote does not signal an end to the now two-decade fight over the meaning of marriage. A new phase—not an endgame—has begun. Here are five […]
The Hamas – Oops, Gaza – Flotilla
The Jerusalem Post By David Harris June 21, 2011 We’re on the verge of another “flotilla” to Gaza. Estimates of the number of ships and participants vary from day to day, tending downward, but the erstwhile organizers insist that the maritime operation will take place. Their spokesmen have been hyperactive in drawing attention to the […]
What’s the Goal in Libya? Obama Commits Unprecedented Error
by Daniel Pipes June 17, 2011 Cross-posted from National Review Online By committing forces in Libya on behalf of the rebels based in Cyrenaica without quite knowing who they are, what they believe in, or what kind of government they would institute on achieving power, the NATO allies did something unprecedented in March 2011. This […]
Netanyahu: “The Party is Over” for Terror-Prisoners
Prime Minister Binyamin Netanyahu said benefits and privileges enjoyed by terrorists in Israeli prisons would be revoked following Hamas’ refusal Thursday to allow the International Red Cross to visit kidnapped Israeli soldier Gilad Schalit. “I have decided to change Israel’s policy toward terrorists siting in Israeli jails,” Netanyahu said at the closing event of the […]
