JPMorgan Chase Losses: No Reason for More Regulation
JPMorgan Chase’s announcement that it has lost $2 billion in a failed hedge strategy sent shock waves through the financial world yesterday. And in Washington,… Read More
Facebook Billionaire Flees America for Lower-Taxed Shores
Facebook’s much-vaunted initial public offering is on the horizon and promises to shower a few lucky individuals with millions if not billions of dollars. One… Read More
VIDEO: Biden Claimed Coal Power Is More Dangerous Than Terrorism
Video from 2007 shows then-Sen. Joe Biden (D-DE) claiming that coal power and corn syrup are more deadly than terrorism. The remarks will likely prove… Read More
Post Office Closures: NIMBYism Wins
Yesterday, faced with stiff congressional opposition to its plan to close over 3,600 post offices, the U.S. Postal Service (USPS) blinked. It was hardly a… Read More
Speaker Boehner Plans to Stop Taxmageddon Train Wreck
House Speaker John Boehner (R–OH) announced yesterday that the House is gearing up to vote prior to the November election on extending all of the… Read More
Obama Keeps Recycling Failed Tax Policies
There he goes again. It seems that President Obama just can’t help himself. He keeps pushing Congress to pass policies it has rejected in the… Read More
The Ladder of Opportunity vs. Obama’s Fairness Escalator
If 2008 was all about hope and change, 2012 may well be about ladders. Yes, ladders. President Barack Obama has developed a soft-spot for the… Read More
Biden Blames Bush for Iran Problems
After more than three years in office, the Obama Administration still is blaming the Bush Administration for its own difficulties. On Tuesday, Vice President Joe… Read More
Obama and the Truth about Marriage
Yesterday, President Obama announced that he supports same-sex marriage. This was not exactly a surprise. Sure, when running for Senate in 2004, Obama said that… Read More
Expulsion of American Reporter from China Should Prompt U.S. Action
News yesterday of the expulsion of Melissa Chan, an American reporting for Al-Jazeera in China, brings into stark focus the great disparity between the U.S…. Read More
