Occupy Wall Street’s pathetic first birthday last week confirmed that the longstanding reports of the movement’s death have not, in fact, been exaggerated. So why are we keeping it alive by talking incessantly about income inequality instead of focusing on what really matters — opportunity and upward mobility? All this …
Federal spending concentrated on the 47 dependence-creating government programs that include housing, farm subsidies, and entitlements now comprises more than 70.5 percent of total federal expenditures as of 2010, according to Heritage’s Index of Dependence on Government. This represents the fourth year in a row that the Index of Dependence …
Photo credit courtesy of NREL The first underwater turbine to make use of tidal energy went live last week in Maine, supported by a $10 million investment by the Department of Energy. The Ocean Renewable Power Company Maine’s Cobscook Bay Tidal Energy Pilot Project received the Energy Department money to …
A Syrian defector, who was formerly involved in Syria’s chemical weapons program, charged that the Assad regime has mulled using chemical weapons against opposition forces and predicted that the regime would not hesitate to do so as a last resort. Major General Adnan Sillu, who defected to the opposition three …
In recent weeks, liberal politicians, editorialists, and policy analysts have vigorously attacked reform of Medicare based on a defined contribution financing. In fact, this approach to reforming Medicare has a long bipartisan tradition, going back to the 1980s and Representatives Richard Gephardt (D–MO) and David Stockman (R–MI). In fact, much …
The states of Michigan, Oklahoma, and South Carolina have sued the Obama Administration in the U.S. District Court for the District of Columbia over provisions of the Dodd-Frank Act that allow the government to seize financial institutions. Several private organizations joined in the legal complaint, to challenge also the constitutionality …
Yesterday, the President and Secretary of State of the United States of America went on Pakistani television to apologize. In a commercial containing clips from their Washington press conferences, subtitled in Urdu, Barack Obama and Hillary Clinton said “sorry” to the mad hordes attacking the American embassy in the Pakistani …
It’s hard to imagine a worse time to cut defense spending. While new threats emerge around the world, sequestration, mandated by the Budget Control Act of 2011, threatens to cut nearly $500 billion from an already slashed defense budget. These impending cuts would have serious repercussions on our military, limiting …
The problem of individuals being denied health insurance because of a pre-existing medical condition is frequently cited by defenders of Obamacare as justification for the law, particularly its new insurance regulations and individual mandate. In truth, however, the problem is actually much smaller than portrayed, and a sensible solution does …
