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  • Monthly Archives: October 2010

    Taxhiker in Chief Takes On Social Security

    There he goes again. President Obama is proposing yet another huge tax hike. Maybe we should cut to the chase and just ask our Taxhiker in Chief to state his final figure—what he thinks the total level of taxes and the tax distribution should look like. Then we could have … More

    It’s Not About the Hercules

    The Obama administration has decided to terminate the suspensions of issuance of temporary munitions export licenses for exports regarding C-130 Hercules cargo aircraft that will be used in oil spill response operations at sea that might involve the People’s Republic of China (PRC). That’s bureaucratese for lifting restrictions on the … More

    Morning Bell: Big Government's Government Union Firewall

    Indications are that the Progressive Movement is headed for a crushing defeat two weeks from now. Political analysts Stu Rothenberg and Charlie Cook both peg the number of competitive House races at around 100. Separately, both analysts are also predicting Democrats will lose between 45 and 60 seats (39 are … More

    Pelosi Proposes Seniors Subsidy to 'Replace' the 2011 Social Security COLA

    Today’s announcement that Social Security recipients will not receive a cost-of-living adjustment (COLA) again in 2011 brought an immediate reaction from House Speaker Nancy Pelosi (D–CA). She proposed that the lame duck Congress vote on giving seniors another $250 one-time payment supposedly to replace the COLA. This seemingly altruistic gesture … More

    Google to Back “Spine” That Could Transmit Wind Power

    Google is coming to a (future) offshore wind farm near you. In an announcement Tuesday, the technology giant said it is joining with investment firm Good Energies in a $5 billion investment to secure permitting for and begin constructing an underwater electricity transmission line. Also party to the venture is … More

    Time for NATO to Get in the Missile Defense Business

    Two modified Standard Missile 2 (SM-2) Block IV interceptors are launched from the guided-missile cruiser USS Lake Erie (CG 70) during a Missile Defense Agency test to intercept a short-range ballistic missile target June 5, 2008 in the Pacific Ocean west of Kauai, Hawaii. The missile, one of two launched, intercepted the target approximately 12 miles high on the Pacific Missile Range Facility. This was the second of two successful intercepts of the sea-based terminal capability and the fourteenth overall successful test of the Aegis Ballistic Missile Defense Program.

    As NATO gears up for its summit in November, one of the top agenda items for discussion is missile defenses — namely, whether NATO will make it a core mission and how the alliance can cooperate with the United States in building a transatlantic missile defense umbrella. The Obama administration’s … More

    Nobel Struggle in China

    This week, Chinese government censors tried their best to stop the spread of the news jailed Chinese dissident Liu Xiaobo was awarded the Nobel Peace Prize. Liu is serving 11 years in a Chinese prison for signing a document called “Charter 08,” a declaration of human rights that any American … More

    Raising Taxes Won't Stimulate the Economy

    Earlier this week, Maya MacGuineas, a fiscal policy expert at the New America Foundation, ranked Congress’s options in addressing the pending expiration of the 2001 and 2003 tax cuts. A little more than two months remain before an automatic tax hike on all American earners sets in, and Congress has … More

    President Obama No Superman for Schoolchildren

    You know that guy who steps into a picture at the end of an event, making it look like he was there all along? This week, President Obama tried to pretend he wasn’t late to the party by hosting a photo shoot with the five children featured in the education … More

    No Loan Guarantee, No Nuclear? Not Quite

    The prospects for new nuclear energy in the U.S. were purportedly set back this weekend when Constellation Energy pulled out of the Calvert Cliffs 3 nuclear energy project in Maryland. They argued that the Department of Energy’s loan guarantee program was too expensive and complicated to be workable. No loan … More