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 …
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. …
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 …
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 …
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 …
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 …
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 …
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 …