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  • Monthly Archives: November 2011

    Meet the Radical Group Handling 'Occupy Wall Street' Finances

    challenge-ows

    Shortly after the Occupy Wall Street protests gained national attention, donations from supporters began pouring in. Lacking the infrastructure to manage the hundreds of thousands of dollars reportedly donated, the protest group enlisted the services of a non-profit organization called the Alliance for Global Justice. The group takes a 7 … More

    Senate Poised to Vote on Resolution Blocking FCC's Net Neutrality Rule

    Defend and Save Act

    Congress could move a step closer to rejecting the Federal Communications Commission’s plan to regulate the Internet this week when the Senate considers a resolution targeting the agency’s net neutrality rule. Sen. Kay Bailey Hutchison (R-TX) introduced the measure, S.J. Res. 6, to halt the FCC from implementing the regulation. … More

    Muppet Lily: One of the Few Hungry Children in America

    sesame-street-muppets

    There’s a new kid on the block. Muppet Lily joined Elmo and Big Bird on the cast of Sesame Street last month. Despite Lily’s bright pink face looking cheery and healthy in her debut episode, the audience found out that Lily deals with hunger and food insecurity. Sesame Street’s newest … More

    Infographic: Obama's Promise vs. Reality in the October Jobs Report

    october-2011-jobs-small

    Travel in time back to January 2009 when President Barack Obama’s advisers painted a portrait of the future under the President’s recovery plan. It turns out that their prediction was much rosier than reality. With the plan, they predicted in their chart, unemployment today would be somewhere in the neighborhood … More

    Courting Disaster: Two Gaping Loopholes in the Debt Deal That Will Drive Up Spending

    Appropriations Tracker FY2012

    Among the more egregious failings of the Budget Control Act (BCA)—the proxy fiscal plan spawned by the summer’s debt ceiling debate—are a pair of gaping loopholes allowing Congress effectively to blow through the agreement’s advertised spending limit. The Senate has already begun to exploit one of these openings. The House … More

    Income Inequality vs. Wealth Inequality

    David Weinberger  Chart showing that share of total wealth held by top one percent has decreased since 1920.

    Recently, the Congressional Budget Office (CBO) released its latest statistics on income inequality. Economists, bloggers and others have been furiously debating their implications. Over at the American Enterprise Institute, Jim Pethokoukis has been bludgeoned by various left-wing bloggers for pointing out that the story of growth of income inequality is … More

    The Death of Colombia’s Guerrilla Prince

    colombia-flag

    The armed forces of Colombia have scored a major battlefield victory. They finally hunted down, confronted, and killed the leader of the narco-terrorist Revolutionary Armed Forces of Colombia (FARC), Guillermo Leon Saenz, widely known by his alias Alfonso Cano. A guerrilla for decades, Cano assumed the top leadership of the … More

    McDonald's CEO: Cut Taxes and Spending to Super Size Job Growth

    McDonald's Chief Executive Officer Jim Skinner

    Want to get the economy growing again? McDonald’s CEO Jim Skinner says that Washington needs to cut taxes and get spending under control in order to make that happen. The Telegraph reports: “The question is, how can we get the ox out of the ditch?” Mr. Skinner said. “In order … More

    Morning Bell: Straight Talk for the Super Committee

    capitol

    It has been 12 months since the American people spoke resoundingly at the polls against overtaxing, overspending, and overborrowing, but memories can be short in Washington. All it takes is for a couple of politicos and the so-called “mainstream” media to denigrate the Tea Party and the freshman congressional class–and … More

    Chart of the Week: U.S. Debt on Track to Fuel Economic Crisis Like Greece

    U.S. Debt on Track to Fuel Economic Crisis

    Greece continues to dominate the headlines as the country faces an increasingly dire economic situation and now political uncertainty as well. Prime Minister George Papandreou plans to resign once an interim government is formed, but there’s no telling if the political leadership will be able to avoid expulsion from the … More