With gasoline topping $4 a gallon nationally, there’s a lot of speculation as to what actually causes gas prices to soar. Unknowingly, many folks point fingers at speculators and futures markets, claiming these financial speculators, along with big oil companies, take home all the profits. But George Mason economist Walter Williams does …
The Washington Times reports today: The United States has a standing agreement with Pakistan that CIA-operated Predator drones may strike Osama bin Laden’s hide-out without prior permission from Islamabad, according to people familiar with the arrangement. One source said the free hand — an exception in a country politically sensitive …
Noting the U.S. military’s return of Anbar Province to Iraqi control, the Christian Science Monitor’s Sam Dagher reports from Fallujah: This is a city literally rising from the ashes. While reminders of two major US assaults here in April and November 2004 are inescapable, signs of rebirth are plenty. Men …
In his speech today on faith-based programs, Sen. Barack Obama (D-Ill.) proposed that religious groups cannot compete for government contracts unless they give up their freedom to consider religion in their hiring decisions, a radical proposal that effectively repeals Charitable Choice: In order to receive federal funds to provide social …
Details are emerging today about Sen. Barack Obama’s proposal for a new “Council for Faith-Based and Neighborhood Partnerships.” While information is still being released, there are two immediate concerns with the proposal: The announcement emphasizes government funding — not changing the character of government to allow more space for civil …
Colombia Tariff Ticker Department of Commerce’s Under Secretary for International Trade Chris Padilla stopped by the Conservative Blogger’s Briefing today to promote TradeAgreements.gov and all the resources there including the Colombia tariff tracker posted above. Padilla also brought along a grocery bag full of products to illustrate how American workers …
Reports out of Pakistan indicate that the government’s peace deals with pro-Taliban insurgents in the tribal areas bordering Afghanistan are falling apart amidst a new military offensive designed to secure the city of Peshawar. The government’s near-term objective is to push back the militants of a group called the Army …
Current Harvard economics professor and former chief economic adviser to President Ronald Reagan Martin Feldstein explains in the Wall Street Journal how announcing that the U.S. will allow oil development on currently banned lands, could lower oil prices right now: The relationship between future and current oil prices implies that …
