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Barack Obama’s presidency has had profoundly negative consequences for our national security. From debilitating cuts in defense budgets, to gutting national missile defense efforts, to his unwillingness to acknowledge a continuing war against terrorism, to his inability to stem the nuclear proliferation threats posed by North Korea and Iran....the picture is bleak.
Past experience with oil price increases would suggest that, if sustained, such a run-up in oil prices could shave a full percentage point off U.S. GDP growth in the near term.
Calls by Gordon Brown, the chancellor of the exchequer, for a transatlantic single market have been overtaken by fears of a renewed trade war between Europe and the US.
The Agricultural Adjustment Act of 1933 introduced many of the Farm Bill provisions that remain present today, including precursors to the current food and nutrition programs (FANPs). This policy served multiple purposes, including enhanced demand for farm products to alleviate low farm income and reduce agricultural surpluses, and enhanced food security and improved nutrition for the poor.
As Secretary of State Hillary Clinton heads to China this week for yearly strategic consultations, a daring bid for political asylum has highlighted the seething dissent beneath China’s surface stability.
Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.
This is the season of generational twaddle. At graduation ceremonies across the country, politicians, authors, actors, and businessmen take to the stage to tell young people they are fantastic simply because they are young. This year, the ritual is more pathetic than usual because there’s a presidential election in the offing.
The time is coming for Romney to get angry, very angry, with what is increasingly, quaintly called "the mainstream media."








