Gibson Guitar is an American icon. Musicians ranging from blues legend B.B. King to rock stars with Led Zeppelin and Aerosmith have used its guitars. Today, however, the guitar maker is facing a high-profile persecution from its own government. The U.S. Justice Department is pursuing a case that smacks of …
Medicare—on its current path—cannot be sustained. At a recent hearing held by the Senate Special Committee on Aging, Ranking Member Senator Bob Corker (R–TN) stressed the importance of Medicare reform. According to Corker, in 2011, “The U.S. spent $572 billion on Medicare, and spending is projected to increase to $1 …
Apparently unemployment is not much of a problem in the private sector. At least Senator Harry Reid (D–NV) thinks so. Debating the Senate’s proposed $35 billion bailout for state and local governments, Reid argued, “It’s very clear that private sector jobs have been doing just fine. It’s the public …
Carl H. Lindner, Jr. died October 17 at the age of 92. With his passing The Heritage Foundation lost a longtime friend and supporter, the conservative cause lost a stouthearted champion, the business world lost one of its great successes, and America lost one of her most loyal sons. Carl’s … 
It was reported early in October that Russia’s first fourth-generation nuclear-powered multipurpose attack submarine, the Severodvinsk, successfully conducted its first sea trials. In naval terms, a fourth-generation submarine belongs to the latest and most modern generation of submarines. The Severodvinsk is a Project 885 submarine of the Yásen’ (ash tree) …
The Supreme Court’s term has barely begun, and yet speculation already abounds regarding when the Court will hear and how it will decide politically controversial cases such as Obamacare, racial preferences, immigration, and same-sex marriage. Court watchers offer their predictions on the outcomes of the cases, but many if not …
They are at it again. Despite numerous unsuccessful tries to develop a government-facilitated plan to refinance problem mortgages, another one appears to be on the horizon. This one, currently being considered by state and federal officials and large mortgage lenders, has a better focus than earlier versions, but would at …
