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  • Monthly Archives: July 2012

    Day Three: At the Arms Trade Treaty Conference, the U.S. Speaks

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    After the dictatorial circus of the morning, the afternoon session of the ATT Conference was comparatively calm. The lowlight was the address by Saudi Arabia, which seemed to be doing its best to outbid Egypt in the “we support Palestine” sweepstakes. No demand was too extreme: Palestinian state membership in … More

    Bashing China Won’t Fix Our Economy

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    Both ends of the political spectrum seem to be competing to be tougher on China economic issues. They’re both wrong. Chinese policy does warp the global economy in a number of ways, but 99 percent of our current problems is of our own making. Bashing China feels good but accomplishes … More

    Morning Bell: Jobs, Unemployment Stuck

    Newscom

    Today’s jobs report is a broken record, with the unemployment rate stuck at 8.2 percent. The Department of Labor reports that only 80,000 jobs were added in June—consistent with other data revealing the economy has downshifted from slow to slower. This picture is starkly different from the economy President Obama … More

    Day Three: At the ATT, the International League of Supervillains Speaks

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    After the Palestinian fireworks of the first two days, the third day of the U.N.’s Arms Trade Treaty conference started slowly, with a series of national statements. None was without interest. What comes through loud and clear is that what the African nations, in particular, want is a treaty that … More

    After Posting $70 Million Loss, French Company Lands $25 Million from DOE

    Soitec-logo

    The Department of Energy recently awarded $25 million to a French company that posted net losses of about $70 million last year, and whose solar division is particularly troubled financially. As part of its Scaling Up Nascent PV At Home (SUNPATH) project, DOE’s Energy Efficiency and Renewable Energy (EERE) division … More

    Pennsylvania Approves Private School Tax Credit Program

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    Public school students in poor performing Pennsylvania schools will now be eligible to receive scholarships to attend a private school of their choice. Late Saturday night, Governor Tom Corbett (R) signed into law a provision that will make private school scholarships available for students assigned to the lowest-performing 15 percent … More

    Countrywide Gave VIP Loans to Top Policymakers, Regulators

    The now defunct Countrywide Financial Corp. issued hundreds of discounted loans to government officials and Fannie Mae employees in order to build clout with influential policymakers, a new House report shows. The report, issued by the House Oversight and Government Reform Committee, details several Countrywide VIP loans that were given … More

    Online Chat on Religious Freedom

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    The part of Obamacare that has been getting the most attention is the individual mandate that was recently ruled a tax by the Supreme Court. That isn’t the only onerous provision resulting from Obamacare, though. The HHS Mandate that requires nearly all insurance to cover abortion drugs, contraception and sterilization–regardless … More

    Day Two: Palestinian Issue Continues to Vex Arms Trade Treaty Conference

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    The second day of the U.N.’s Arms Trade Treaty (ATT) Conference, July 3, opened much as the first day had closed: with a very delayed start. The issue, still, was the Palestinian demand—instigated by Egypt—to be included as full participants in the conference, which continued to meet staunch resistance from … More

    Family Fact of Week: The Abstinent Majority

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    The abstinent minority has now become the majority. Over the last two decades, teens have become more likely to remain sexually abstinent. According to the 2011 National Youth Risk Behavior Survey, 53 percent of high school students have remained abstinent, an increase of 15 percent, and two in three are … More