Perhaps buyers are waiting for President Obama’s proposed $10,000 tax credit for the Chevy Volt. Despite government bailout money and incentives, GM temporarily halted Volt production and laid off 1,300 Detroit employees as lackluster demand resulted in low sales. Unfortunately, this is becoming a routine ordeal that inspires a glut …
In a recent op-ed, defense expert Mackenzie Eaglen points to the USS Essex as an unfortunate example of concerns about military readiness. Equipment failures prevented the amphibious assault ship from setting sail on schedule—for the second time in seven months. Eaglen lists various other malfunctions across the armed services that …
Today, Apple announced the long awaited revamp of its blockbuster iPad tablet computing device, and experts are speculating on the impact the product will have on the “post-pc” world. One impact we know already is how Apple has generated new employment opportunities in the U.S. economy. As liberals in Washington …
President Obama has announced that he ordered the Federal Housing Administration (FHA) to cut in half the fee paid by homeowners whose mortgages the agency guarantees. The good news is that this reduction will save those homeowners who are able to refinance their homes about $1,000 annually. The Administration says …
Challenges to U.S. international broadcasting and public diplomacy continue to mount. Iran, joining China and Russia, also nourishes ambitions as a global power and is moving forward with soft-power advances in Latin America. (Not that there is anything “soft” about Iranian soft power.) Part of the explanation is that Iran …
Environmental activists and liberal politicians are fond of bemoaning the supposedly disproportionate tax benefits that go to the fossil fuel industry compared to its renewable energy competitors. The president specifically has made “ending tax breaks for oil companies” a pillar of his paltry efforts to reduce the federal deficit. But …
Yesterday, President Barack Obama ended his months-long press conference drought and faced the White House press corps. Unfortunately for the American people, questions on some of the biggest issues facing the country remain unanswered. The 100-ton elephant in the room that wasn’t discussed? The economy. Though the President would like to …
