Last Friday, Russian prosecutors asked for a new, 14-year new prison term for the former YUKOS oil company CEO Mikhail Khodorkovsky and his business partner Platon Lebedev. The two are Russia’s most famous political prisoners. They have already spent seven years in jail for alleged tax violations, an accusation most …
The USA Today has a much needed article out today on the vulnerability of our nation to Electromagnetic pulses (EMP). Unfortunately the author doesn’t seem to understand the limitations of deterrence against a terrorist EMP attack. The USA Today reports: In the nuclear scenario, the detonation of an atomic bomb …
According to a recent White House video explaining the administration’s opposition to extending the 2001 and 2003 tax cuts, Council of Economic Advisers Chairman Austan Goolsbee claims: “If you ask objective economists and analysts around the country about what is effective you will find that everyone agrees that these giant …
Next January the Environmental Protection Agency (EPA) is set to issue new regulations on emissions from boilers used in facilities like oil refineries, paper mills, and shopping malls. The EPA claims their new regulations will only cost the economy $9.5 billion by 2013. But the American Chemistry Council says the …
A common promise among politicians is to “run the government more like a business.” The Obama Administration seems to have promised to have “government run more businesses.” The latest in the line of government takeovers and mandates is the proposal to subject heavy-duty trucks to fuel-efficiency regulations. These efficiency mandates …
Congressional Budget Office (CBO) Director Douglas Elmendorf recently spoke at the University of Southern California about the economic impact of Obamacare. He predicts that Obamacare will further depress the nation’s employment picture. CBO’s analysis of Obamacare predicts that it will reduce the amount of labor being used in the economy …
In a recent Daily Telegraph news report, Yulia Tymoshenko, former Prime Minister and opposition leader, has publicly declared that Ukraine’s national sovereignty is being sold away, that Russia is taking over Ukraine, and that the West is letting this happen. “The country’s new rulers see everything as an asset to …
Delivering his first major address on education in March 2009, President Barack Obama promised the Hispanic Chamber of Commerce: “Secretary Duncan will use only one test when deciding what ideas to support with your precious tax dollars: It’s not whether an idea is liberal or conservative, but whether it works.” …
The documentary film Waiting for Superman follows five children and their families as they struggle to find educational opportunities. Fed up with the ineffective public schools in their communities, but unable to freely transfer their tax dollars to a school of their choice, the families enter lotteries for the few …
