In the past week, military excursions into the tribal regions of Pakistan targeted Islamist militants believed to have connections to a number of plots designed to strike at the European mainland. As more evidence comes to light, it becomes clearer that Islamist militants have been preparing to hit “soft” targets in and around Europe, in a manner and fashion similar to the coordinated attacks in Mumbai in 2008. While the United States appears to have avoided the target lists associated with this latest round of threats, it would be foolish …
When will the Obama administration admit their economic stimulus plan, which cost more than the Iraq war, failed? The stimulus has already failed to create the 3.5 million jobs President Barack Obama promised it would. It has already failed to keep unemployment below the 8% the President’s top economists predicted it would. And now, the Department of Labor reported today, a full 15 months after the National Bureau of Economic Research certified that the recession ended, that the U.S. economy lost another 95,000 jobs in September. Total employment in the …
Heritage Chat: Education Reform feat. Lindsey Burke We invite you to join us here on Friday, October 8th at 12PM EDT for a special live online chat with Education Policy Analyst Lindsey Burke. She will field your questions about what is currently going on in education reform and the historic federal overreach into education by the Obama Administration. Lindsey has written several policy papers on the shortcomings of federal involvement education and the power of the education unions. Teacher’s unions have thwarted meaningful education reform initiatives and Lindsey will talk …
President Obama has driven spending and deficits to historic levels in just two years since taking office. Not content to stop there, his budget for the next 10 years keeps spending at record levels and piles up unprecedented amounts of debt in the process. To partially offset his massive overspending, the President wants to raise taxes on “the rich.” His class warfare plan can take him only so far, however, since the rich don’t earn enough to make up the difference for all the spending he plans. Obama’s current tax …
If you take Al Gore and replace his global warming apocalypticism with a careful pragmatism and his insistence for energy taxes with a love for human innovation, research and creativity, you will end up with someone similar to Skeptical Environmentalist author Bjorn Lomborg. At The Heritage Foundation Bloggers Briefing this Tuesday, Lomborg said he considers global warming to be a legitimate threat – one that is exaggerated and can be handled through the power of human ingenuity. Lomborg shows his other way to tackle global warming in his new film …
If economic sages were judged the same way major league baseball hitters are, Alan Greenspan hitting .333 would deserve the attention he garners. In recent months the former Federal Reserve Board Chairman struck out badly twice on what in economic terms could be considered batting-practice fastballs. But in today’s at-bat, a persuasive column in the Financial Times, the old Maestro finally connected. As Greenspan observes, “Fear Undermines America’s Economy.” Fear of inflation. Fear of deflation. Fear of higher taxes. Fear of generalized governmental foolishness. Uncertainty, of course, is inherent to …
On September 30th, Janet Adamy reported for The Wall Street Journal that McDonald’s was considering canceling its health insurance plan for nearly 30,000 hourly restaurant workers unless new Obamacare regulations were waived. The White House pushed back hard with U.S. Department of Health and Human Services spokeswoman Jessica Santillo claiming: “This story is wrong. The new law provides significant flexibility to maintain coverage for workers.” But this Tuesday we learned that Adamy was correct. According to Bloomberg News McDonald’s had sought, and eventually won, a waiver from the upcoming Obamacare …
At a G-20 conference in April 2009, President Obama was asked if America had a unique role in the world. Instead of explaining what makes America great (or even taking the usual tactic of apologizing for America’s greatness) the President responded: “I believe in American exceptionalism, just as I suspect that the Brits believe in British exceptionalism and the Greeks believe in Greek exceptionalism . . [whatever America has] to offer the world does not lessen my interest in recognizing the value and wonderful qualities of other countries, or recognizing …
According to international press reports, Venezuelan President Hugo Chavez is planning to visit Russia, Belarus, and Iran later next week. In Moscow, he will sign a series of agreements on trade and technology. The Obama Administration needs to let its Moscow counterparts know that unbridled support of a mercurial Latin American politician, including weapons and dual use technology transfer, may threaten the “reset” policy between U.S. and Russia. Yet, Moscow has much to gain from its flourishing relationship with Caracas. First, when the Venezuelan leader last visited Moscow in September …
