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American Enterprise Institute economist Peter Wallison explains why the recent JP Morgan losses are proof that the Volcker Rule is unworkable and should be abandoned.
On April 5, 2012, the President signed into law the Jumpstart Our Business Startups (JOBS) Act, which passed by a large bipartisan majority in the Congress. The Act is designed to facilitate the equity funding of new companies. Recent research has documented that from 1980 through the 2008-09 recession new companies have been main drivers of job creation in the United States.
Like gun laws, the Victorian prohibition on swords won't lower violent crime in Australia.
Not surprisingly some people react to crime by wanting to ban all guns, even those held by off-duty police. What is next? Banning guns carried by on-duty officers?
The chief obstacle to ROTC's expansion today is not antimilitary sentiment but a Pentagon that prefers to allocate its resources to surer recruiting prospects, primarily in the South and the Midwest.
Political dysfunction. Partisanship at record levels. Attack politics run amok. And public approval of Congress scraping the single digits (Sen. John McCain is fond of saying it's down to blood rlatives and paid staff).
North Korea is testing how much the Obama administration will give to maintain the fiction of diplomatic progress.
Advocacy journalists sitr up unwarranted hysteria over a weed-killer made to save farmers over $2 billion.





