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  • Monthly Archives: May 2012

    Court Strikes Down The Defense of Marriage Act

    Today, a unanimous panel of the U.S. Court of Appeals for the First Circuit held unconstitutional a provision of the federal Defense of Marriage Act (DOMA) defining “marriage” exclusively as opposite-sex unions, setting up an all-but-certain Supreme Court case for next year. Acting in response to a Hawaii Supreme Court … More

    Trade Protectionism Is Clogging the World's Economic Arteries


    In its latest joint report with the Organization for Economic Cooperation and Development and the United Nations Conference on Trade and Development, the World Trade Organization (WTO) issued sharp warnings on global trade restrictions: The past seven months have not witnessed any slowdown in the imposition of new trade restrictions. … More

    DARPA Cranks Up Cyber Effort with “Plan X”


    It seems that the Defense Advanced Research Project Agency (DARPA) has decided that drastic measures are needed to address the Defense Department’s cyber needs, both offensive and defensive. The decision is clearly the right one; it is simply amazing that in the face of ever-growing cyberattacks, it has taken them … More

    The Private-Sector Space Challenge to China


    The SpaceX Dragon capsule has returned to Earth after delivering nearly a half-ton of supplies in the first purely commercial replenishment mission to the International Space Station (ISS). With its successful completion, SpaceX is now on its way to providing a private-sector alternative for keeping the ISS supplied, with 12 … More

    Georgia and Russia: The Occupation Too Many Have Forgotten


    Almost four years after the Russian invasion of Georgia in August 2008, approximately 10,000 Russian troops still occupy the Georgian provinces of South Ossetia and Abkhazia. This occupation represents 20 percent of Georgia’s internationally recognized territory and is in direct violation of the Six Point Ceasefire Agreement brokered by then-French … More

    CBO Stimulus Report Begs the Question


    Imagine I told you that if you were to spin around in place 1,000 times really, really fast in the opposite direction to the earth’s rotation, it would actually cause the earth to spin in reverse. You’d think I’m crazy, right? But just for fun, you spin around 1,000 times … More

    Mayor Bloomberg Is Right About Public Pension Costs

    New York City Mayor Michael Bloomberg at press conference announcing partnership with Sierra Club on July 21, 2011

    In a Sunday New York Times article about public pension costs, Mayor Michael Bloomberg has the following quote: “If I can give you one piece of financial advice: If somebody offers you a guaranteed 7 percent on your money for the rest of your life, you take it and just … More

    Spain’s Top Five Renewable Energy Waste Examples: A Lesson for the U.S.


    With Spain’s lavish support for renewable energy projects drying out, companies that relied on these government handouts to make a buck are either leaving the country in search of new misguided benefactors or risking going bust. According to Bloomberg: Spanish renewable-energy companies that once got Europe’s biggest subsidies are deserting … More

    New Regulation Forces Private Insurers to Advertise Obamacare


    Obamacare’s medical loss ratio (MLR) provision began this year and requires insurers in the individual and small-group markets to spend 80 percent of premiums—85 percent for insurers in the large-group market—on medical claims or quality improvements. If the insurer doesn’t spend the required percentage, it must issue a rebate to … More

    Obama Slams Private Equity, But His Own 'Investors' Do Quite Well


    President Obama and his surrogates have repeatedly insisted that federal backing for green energy companies like Solyndra is somehow superior to private equity investing, since federal bureaucrats are concerned with more than enriching investors. But “investors” in an Obama presidency – i.e. his top supporters – have reaped the benefits … More