Federal Reserve chairman Ben Bernanke has delivered yet another ominous prediction about Dodd–Frank fallout, telling the Senate Banking Committee last week that government dictates on debit card fees “could result in some smaller banks being less profitable or even failing.” Although not the first to recognize the problem, the Fed …
The Berlin-based daily Die Welt published a news story on May 13 citing “Western security sources” who reported that Venezuela’s authoritarian strongman Hugo Chavez secretly met in February 2011 with the chief of the Iranian Revolutionary Guard’s Air Force, Amir al-Hadschisadeh. The pair, according to Die Welt, finalized the location …
In this week’s Heritage in Focus, economic policy director Alison Fraser takes us through Heritage’s budget plan to save the American Dream. Make sure to listen to the full interview, here. To give an indication of the dire fiscal situation our three major entitlement programs present us, consider the state …
The United States is increasingly relying on the Russian Federation for supplying U.S. forces stationed in Iraq and Afghanistan. This is because the U.S. does not have enough C-17 military transport aircraft to address all of its logistical needs and meet its commitments around the world. Freedom is not free, …