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  • Monthly Archives: June 2011

    Here Come Obama’s 'Necessarily Skyrocketing' Electricity Rates

    obama_presseal090603

    President Obama’s infamous words—saying electricity rates will “necessarily skyrocket” under his cap-and-trade program that would impose a costly energy tax on American consumers—are set to come true. Just ask the market. Although cap and trade is not law, the Environmental Protection Agency’s (EPA) backdoor train wreck of energy regulations is … More

    A Marshall Plan for Marriage – Rebuilding Our Shattered Homes

    family

    Marriage in America is in serious trouble. More Americans are cohabitating, fewer are marrying, and if they do wed it is at a much later age than previous generations. Although divorce rates have declined slightly over the past 20 years, pervasive no-fault divorce laws allow marital dissolution to continue plaguing … More

    Monthly Trade Statistics Report: Misleading and Dangerous

    trade

    The U.S. Commerce Department today announced that the trade deficit for April was $43.7 billion. This number is misleading because it implies a “deficit” in terms of dollars leaving the country, which is not the case. For example, the trade deficit numbers do not include the billions of dollars foreigners … More

    Morning Bell: Americans Will Suffer Under New Obamacare Mandates

    Individual mandates cause headaches.

    It’s easy to see why Obamacare’s unpopularity grows substantially with every new detail that comes out. As former House Speaker Nancy Pelosi (D–CA) infamously noted, we had to pass the bill to find out what was in it. Well, now we know. Many businesses affected by Obamacare—those not lucky enough … More

    Huge Oil Discovery in Gulf of Mexico Underscores Importance of Exploration

    Oil rig

      President Obama’s decision to allow some deepwater drilling to resume in the Gulf of Mexico is already yielding impressive results. ExxonMobil announced yesterday it had discovered what amounts to 700 million barrels of oil in the Gulf — the largest find in 12 years. The discovery comes about two … More

    Where Would Leon Panetta Lead America’s Military?

    obama-panetta

    With Defense Secretary Robert Gates making his final rounds and Secretary of Defense nominee Leon Panetta headed to his Senate hearing tomorrow, the obvious question is how Panetta will face the defense issues at hand. The Defense Department is rife with challenges, including rampant defense spending cuts in the name … More

    Why Isn't the National Debt a Sexy Story?

    Speaking at yesterday’s Bloggers Briefing, conservative filmmaker Stephen Bannon held up a copy of USA Today to demonstrate the challenge of getting Americans to take seriously this country’s debt crisis. On the front page was a banner headline, “U.S. owes $62 trillion.” Underneath the headline and above the fold was a … More

    Video: JPMorgan's Dimon Takes on Fed Chairman Bernanke

    Federal Reserve Chairman Ben Bernanke testifies during a House hearing

    The U.S. economy continues to drag, but why’s the recovery going so slowly? The 13.9 million unemployed Americans aren’t the only ones who want to know. Yesterday, following a speech by Federal Reserve chairman Ben Bernanke (who described the economic recovery as “frustratingly slow”), JP Morgan Chase CEO Jamie Dimon … More

    Obama’s Transparency on Science Doesn’t Include Nuclear

    yucca-mountain-horiz

    Today the House Committee on Science, Space, and Technology released a comprehensive report that details the Obama Administration’s attempt to prematurely and unnecessarily shut down the used nuclear fuel repository at Yucca Mountain. The report demonstrates that issues surrounding opening Yucca Mountain are purely political and not one bit scientific … More

    Obama Pays Tribute to Himself During Angela Merkel's White House Visit

    Obama-Merkel-11-6-7

    The visit of German Chancellor Angela Merkel to Washington has attracted little attention in the US media, perhaps further proof that Berlin barely ranks as a world power these days, and consistently punches under its weight in international affairs. Compared to both David Cameron and Nicolas Sarkozy, Merkel is a … More