The ultimate motivation is still unclear, but it appears as though Russia test-fired as many as four intercontinental ballistic missiles this weekend. First on Saturday, President Dmitri Medvedev watched the launch of a Sineva intercontinental missile from a submarine in the Arctic Barents Sea that hit a virtual target near …
The left is beginning to realize that its credibility on economic matters has been seriously compromised by its 40-year relationship with the government mortgage financing duopoly Freddie Mac and Fannie Mae. Witness Rep. Maxine Waters (D-CA) lying on HBO’s “Real Time” about how much money she accepted from the two …
No matter who wins on Nov. 4, the next president will have to tackle our nation’s failed immigration policies. And thanks to a little noticed provision in the continuing resolution that Congress passed to keep the government functioning through next March, they will have to address it sooner than they …
When Treasury Secretary Henry Paulson first announced his $700 billion Wall Street rescue plan, Sen. Chuck Schumer (D-NY) promised: “We will not Christmas-tree this bill. The times are too urgent. Everyone has their own desires and needs. It’s going to have to wait.” So how did Congress live up to …
If you thought passage of last week’s $700 billion Wall Street bailout meant Congress would get out of Washington, you’re not that lucky. Determined to pin the credit crunch on free markets, Chairman Henry Waxman (D-CA) has announced a whole month’s worth of hearings in the House Oversight and Government …
The bailout parade is continuing unabated in Washington this week. On the heels of a $25 billion bailout for the automotive industry, the Bush Administration agreed yesterday to a $4.3 billion bailout of Massachusetts’ out of control health care spending. Apparently when numbers like $700 billion are being thrown around, …