Kennedy thinks that we shouldn’t get too carried away by the prospect of “free wind power”- especially when his pet projects like the Kennedy trust fund, the Kennedy ocean views and the Kennedy beachfront property on Nantucket Sound are in conflict with “free wind power.”
I'd normally be willing to simply close the book on this losing investment idea and move on. But I remain convinced investors need to track uranium, because at some point -- perhaps soon -- investors could revisit this out-of-favor investment.
With the future of the Affordable Care Act resting on the decision of the Supreme Court as early as next week, the future of American health care generally is up in the air. If the Act (or significant portions of it) is struck down, there will be a legislative rush to erect something new from its rubble. Unfortunately, hasty legislation is often bad legislation, so we need to consider alternatives now.
Let’s translate this into plain English: The IMF wants more money from American taxpayers (and other victimized producers elsewhere in the world) to subsidize the types of statist policies that are in places such as France, Italy, and Greece.
For the U.S. stock market, the noise event that began on 6 June 2012 came to a sudden end on 21 June 2012, as investors suddenly realized that the window of time in which effective central bank and government-backed actions to bail out out ailing financial institutions and troubled national economies had closed.
Shahabuddin's arrest is an embarrassment, but will not derail the search for a new prime minister. The News reports the PPP has four other potential nominees under consideration.
There has never been a more "shovel ready" project in history than the Keystone XL pipeline, which has been exhaustively engineered, studied, reviewed, and re-reviewed as Obama tries to kill the project without admitting that's what he's doing. At stake are about 20,000 immediate jobs, a secure supply of North American oil, billions in private investment, and the global efficiency benefits of connecting a major crude source to the world's most efficient refining center. The latest news is that rather than simply say "yes," Obama is conducting yet another open-ended study.
Congressman Darrell Issa (R-CA) reminded President Obama and his Attorney General Eric Holder that Obama isn’t King of the United States of America and can’t ignore the powers of Congress. After 14 months of refusing to give the House Oversight and Government Reform Committee documents relating to the Fast and Furious fiasco, the committee, chaired by Issa, voted to hold Holder in contempt this week.
If the elections were held today, I would vote for Mitt Romney rather than sit out the elections or cast a protest vote for a third party candidate. But I would do so with extremely limited hopes, and my very act of voting in November would be a reminder to me that I cannot expect the radical changes America needs to come from the White House.
Lots of things for a Friday morning. This week marked the first day of summer in Your Nation's Capital. We had a temps in the high 90's to mark the occasion. A lovely young woman from the office said we missed Spring. I said, "No we didn't. We had Spring in January." I got that kind of look that 65 year-old-man gets from a 20-something woman who is begging the elevator to go faster.
There aren't Greek columns tall or wide enough to camouflage Barack Obama's impending North Carolina catastrophe. In September, the campaigner-in-chief will travel to Charlotte for his party's presidential nominating convention. For once, the incurable jetsetter may wish he had stayed home.
Since there are currently no work permits for illegal aliens, handing them out would require a change in the existing law.
Few principles are more important to our constitutional scheme than the separation of powers, which is precisely why President Obama's bogus assertion of executive privilege to thwart Congress' investigation into Fast and Furious is so inexcusable.
Every summer, millions of Americans enjoy baseball, summer camps and vacation plans. But for the nation's political junkies, every fourth summer is filled with guessing games about the vice presidential nomination. While the guessing games are fun, it's more accurate to look at the fundamentals facing the candidate and what he hopes to achieve.
In introducing his new book, "Leo Strauss and the Conservative Movement in America," Paul Gottfried identifies a fundamental divide between neoconservatives and the traditional right. The divide is over the question: What is this nation, America?
The local pro-life organization in Olafson's district, Walsh County Right to Life, is led by an individual who is one of North Dakota's leading proponents of personhood, despite the fact that National Right to Life does not support personhood legislation. If the national pro-life organizations do not support personhood, what do a handful of rogue state and local chapters know that the national associations don't?
The e-book generation lucks out. Winston Churchill is going digital and global. More than 40 volumes of his prose are being downloaded so that they can be read throughout the world. The man who said, "History will be kind to me, for I intend to write it," won't have to depend on the kindness of readers. Nor on their ignorance, either.
Are we watching the meltdown of Barack Obama, soon to become a radioactive pile from which voters will run come November? Or are we instead witnessing the stirrings of a kind of political phoenix heretofore unseen in American history?
As I explained previously, last month Congress began moving toward holding Attoryney General Eric holder in criminal contempt for his stonewalling concerning Congress's valid inquiry into the Operation Fast and Furious scandal.
According to the group, the attack depicted in the video employed a type of IED called an explosively formed penetrator (EFP). Though the video was shot from a fairly long distance away, it does appear that the IED punched a substantial and focused hole through the armored bus.
Obama should invoke executive privilege to hide from the people the progressive economic policies that have caused, continue to cause, and will cause further economic destruction regardless the outcome on November 6th.
Regardless of whether or not you feel taxes need to be raised, a big set of tax hikes is scheduled to happen. To be sure, some of those hikes will be undone in compromises, but many if not most will sneak through.
Other than mocking E.J. Dionne’s sophomoric understanding of America’s political system and making a general point about how the judicial branch is supposed to protect us from untrammeled majoritarianism, I haven’t said much about the constitutional issues being discussed at the Supreme Court.
In 2000 and 2004, before the advent of the Tea Party, George W. Bush won Nevada, Colorado, Indiana, Ohio, Virginia, North Carolina, Florida and the White House. In 2008, Barack Obama did the same. This year, Mr. Obama is unlikely to repeat this accomplishment. According to recent polling, these states, save Indiana, are up for grabs.
Back in the day, when I was a newspaper columnist in Denver, representatives of the local chapter of the Anti-Defamation League paid a visit. Over coffee, they told the opinion editor and me that they had a program, “A World of Difference,” that “celebrates America’s diversity.”
John Winthrop, the first governor of the Massachusetts Bay Colony, crossed the ocean from England to New England aboard the Arabella in early 1630. While aboard, he penned a directive that he read to those traveling with him either while they were still on board the ship or shortly after they had disembarked that June in Salem. Most of them were Puritans, who were leaving England for religious freedom as well as to start afresh in a New World, as directed by God.
The recent indecisive Greek elections could be summed up by two general themes: Greeks want to stay in, and expect help from, the eurozone. But they still do not want to take the necessary medicine to stop borrowing billions of euros from northern Europeans, who want a radical Greek reform of the tax code, deregulation of labor laws, fiscal discipline, massive cuts in bureaucracy, and greater transparency -- all unlikely given Greek history and contemporary culture.
What's up with the white working class vote? For years, the horny-handed blue-collar worker was the star of the New Deal Democratic coalition. It was for him, and his wife and family, that Democrats taxed the rich, invented Social Security and supported militant labor unions.
Last week, a "right-wing activist" (according to Michael Eric Dyson, guest-hosting for Ed Schultz on MSNBC) interrupted President Barack Obama as he explained his executive order that bars deportation for at least 800,000 illegal aliens who came to America -- "brought to this country by their parents" -- before the age of 16.
Here we go again. Is the Constitution merely a guideline to be consulted by those it purports to regulate, or is it really the supreme law of the land? If it is just a guideline, then it is meaningless, as it only will be followed by those in government when it is not an obstacle to their purposes.
The acquittal and dismissal in the John Edwards campaign-finance fraud case and the acquittal of Roger Clemens on perjury charges after high-profile federal trials should give San Francisco Sheriff Ross Mirkarimi hope.
It seems that President Bill Clinton’s previous helpful comments for the Republican presidential campaign have finally been reciprocated with Sen. John McCain’s (R-AZ) own nostalgia for his administration.
Warren Kozak, the author of "LeMay: The Life and Wars of General Curtis LeMay," wrote a memorable piece in "The Wall Street Journal" on June 6, 2012 that cries out for comment. On the 68th anniversary of the Allies' invasion of Europe over the bloody beaches of Normandy, he reminds us of an unthinkable act by President Franklin Roosevelt on that day.
Last week, the British Columbia Supreme Court emulated the state of Oregon’s assisted suicide law via a decision in Carter v. AG Canada, which “carves exceptions into the laws allowing Assisted Suicide and Euthanasia in Canada.” Making matters even worse, the court did this against the expressed will of Canadians as demonstrated over the last 20 years.
Does biology matter? The front page of The New York Times' business section reports on a new scientific breakthrough: a noninvasive blood test that can determine paternity while a child is still in the womb, as early as the eighth week of the pregnancy.
Total job separations (includes quits, layoffs and discharges, and other separations) within the private sector increased by 71,000 for the month; a further indication of growing economic weakness.
These soirees are more than just money-wasting junkets. They also encourage bad policy. With everything that’s happening around the world, the evidence is stronger than ever about the adverse economic consequences of bloated public sectors and punitive tax regimes.
While natural gas production is helping to lead an economic recovery and secure America’s energy future, the technology that has generated stunning production increases is also attracting its share of hysteria. Despite the fact that hydraulic fracturing has been used safely the past 60 years in more than 1.2 million wells without a single case of groundwater contamination, natural gas critics have sought to convince the public that it is a new, dangerous technology. One prominent foe is amateur filmmaker Josh Fox, who makes a number of meritless claims about unconventional shale gas in his 106-minute film, Gasland.
There are literally umpteen thousand quotes on the Internet about “expectations” and any one of them explains outright why Barack Obama will lose the upcoming election.
On June 15, President Obama stepped into the Rose Garden to announce that his administration would halt deportations of illegal aliens under the age of 30 who can plausibly show they arrived in the United States before their 16th birthdays.
Interestingly, you and your husband both have a point.
The company reported record 2011 revenues of $17.8 billion, and record net income of $2.0 billion. Wall Street expects continued growth, with projected earnings per share (EPS) increases of 14%, 11% and 11% in fiscal years 2012 through 2014.
One of the most amusing interviews Farage has given. Moreover, Farage is correct on every point. The Republican party would do well to adopt the UKIP Party Creed as shown.
Having lived with Mrs. Bernanke for many years, I’m sure that Ben is well aware that no matter how much cash his wife has in her purse, or credit cards in her wallet, if she believes the items she wants will be less expensive next week, she’ll wait to buy.
"How can the President assert executive privilege if there was no White House involvement? How can the President exert executive privilege over documents he's supposedly never seen? Is something very big being hidden to go to this extreme?"
Do kids raised by same-sex couples turn out as well as those raised by parents of the opposite sex? In recent years, the accepted answer among social scientists has been that there is no difference: Families headed by a mother and father are no better at child-rearing than those headed by two mothers or two fathers.
As the controversy over President Obama's birth control mandate continues to rage at the national level, lawmakers in Connecticut are making news with their recent determination that elective abortion is an “essential health benefit” and must therefore be covered under all insurance plans developed according to the new guidelines established by Obamacare.
What is scarier than any particular political policy or issue is the widespread tendency to treat political issues as personal contests in talking points -- competitive skill in fencing with words -- rather than as serious attempts to find out what the facts are and what the options are.
The smell of singed air here is inescapable. Less than 50 miles west of my neighborhood, the latest wildfire has spread across 1,100 acres. It's the fifth active blaze to erupt in our state over the past month. But ashes aren't the only things smoldering.
The Brief Against Obama: The Rise, Fall and Epic Fail of the Hope and Change Presidency is my new book, and new books mean book tours, both real and virtual. Thus I began the week in Las Vegas, moved to New York City and am headed to Phoenix Thursday, promoting the book and the website as I go, dashing between television studios and dialing radio stations spread across the country.
Team Barack Obama knows they are in a heap of re-election trouble when pundits look at his shambles of an economic record. So what to do? Easy. The most shameless of our Obama-loving journalists are painting Obama as an action-movie superhero in the war on terror.
Is it time to start talking about the inevitable demise of the Democratic Party? Since the 1990s there's been a thriving cottage industry of doomsaying about the Republican Party. The gold standard of the genre is undoubtedly 2002's "The Emerging Democratic Majority" by Ruy Teixeira and John Judis, which argued that the Democrats were destined to become a majority party because demographic and cultural trends were on their side.
If you can’t grow out of a financial hole, you can at least inflate out of it. If the federal government was giving me interest-free loans right now, like they are the world’s banks, I’d probably be buying a barrel or two of oil with that money too, just as they are.
Ethnic stereotypes generally bear some connection to reality, but the well-established image of the “New York Jewish Liberal” looks less relevant than ever before, based on rapidly changing demographics of the nation’s largest Jewish community.
Remember when President Obama inspired Americans with such tired bromides as, "There are no red states or blue states, just the United States"? Remember when Obama declared that Americans had to pull together, because what united us was stronger than what divided us? Yeah, not so much.
Cerberus, the Greek mythological monster charged with guarding Hades' gates, is traditionally depicted as a huge dog with three carnivorous heads. This dire hellhound has a dreadful job. He (or is it a "they"?) sinks his teeth into Hades' new arrivals, making certain the recently deceased don't accidentally lug their bodies into the Underworld. Yucky, huh? Well, Cerberus is, fortunately, an imaginary monster.
If you are closely following the 2012 presidential race, you have to track the state by state jobless numbers, because they will decide who wins.
The UN Conference on Sustainable Development is underway in Rio de Janeiro. This time, 20 years after the original 1992 Rio “Earth Summit,” thousands of politicians, bureaucrats and environmental activists are toning down references to “dangerous man-made climate change,” to avoid repeating the acrimony and failures that characterized its recent climate conferences in Copenhagen, Cancun and Durban.
Everyone expected that New York City's Board of Health, all 11 members of which were appointed by Mayor Michael Bloomberg, would rubber-stamp his proposed 16-ounce cap on servings of sugar-sweetened soft drinks. But at a meeting last week, several board members zeroed in on the most obvious problem with Bloomberg's plan to treat adults like children: It does not go far enough.
For the last two decades, proponents of same-sex “marriage” have tirelessly worked to convince average, everyday citizens that same-sex relationships and same-sex “parenting” are no different than traditional relationships and parenting, and in some cases, have even advocated that they are better.
You'd expect that opportunities to pick up royalty trusts at good prices would be next to impossible. After all, who doesn't want a stake in an oil field... especially when that stake throws off a yield of 10% or more?
It’s “positive” when other nations reject big government and vote for right-of-center parties, but Heaven forbid that this advice apply to the United States.
My sense is there is a solid foundation for gold’s upward movement that is not dependent on the actions of the Fed, though a definitive statement suggesting the Fed will not be providing further stimulus would certainly hurt gold prices in the short term.
Our presidential candidates squared off in Ohio last week, each merrily indicting the policies of the other. Both speeches lacked one crucial plank in their platforms. Good jobs require good money. The absence of good monetary policy is submerging the whole world in a second decade of “Dark Ages” stagnation … and misery.
If Kocherlakota is right, and further Fed action will do more harm than good, then your portfolio may be carrying too much risk.
President Barack Obama has demonstrated, once again, that he is an amateur who has no problem battering and bruising the U. S. Constitution in order to win four more years for his “Dismantle America” tour. He is singlehandedly making a mockery of our foundational document. Question is: Will he get away with it?
I have always appreciated President Obama as a family man. He and first lady Michelle have popularized several healthy family practices. For example, his practice of date night is something that thousands of congregations have taught for several decades. In some ways, he is the nation’s father in chief!
Among the epithets that liberals so often turn to when rational argument and discussion have not gone as they would wish (and they never do), “the party of no” has become a popular one since the 2010 landslide midterm election victories by Republicans. I’d like to explain why this is outrageous.
If you’re a conservative, you must read The Great Destroyer: Barack Obama’s War on the Republic by David Limbaugh and What the (Bleep) Just Happened: A Happy Warrior's Guide to the Great American Comeback by Monica Crowley. Then, pass them along to your “undecided” voter friends.
President Obama's latest political ploy -- granting new "rights" out of thin air, by Executive Order, to illegal immigrants who claim that they were brought into the country when they were children -- is all too typical of his short-run approach to the country's long-run problems.
As disturbing as was President Obama's lawless usurpation of constitutional authority in circumventing the DREAM Act to grant backdoor amnesty, this type of overreach is nothing new for him. He has frequently complained about how democracy and the Constitution are "messy" and do not permit him to exercise the authority of a Chinese president. But he nevertheless warned us that he would be pushing forward with his agenda through executive orders and administrative actions "on a wide range of fronts."
People wanted to believe that Truman was the straight-talking, guy-next door. And he was. But no one would mistake Obama as a straight talker. Fast talker? Yes.
In 2010 we published a book arguing that Barack Obama was creating an imperial presidency. The past few months prove that prediction was correct. First President Obama’s EPA claimed power to create cap-and-trade through new regulations, rather than Congress passing a law. Then Obama’s FCC claimed the power to regulate the Internet, despite a federal appeals court ruling that only Congress could authorize such control through legislation. More recently, Obama’s Department of HHS issued regulations requiring Catholic and Evangelical organizations to violate their religious conscience regarding birth control and abortion-related services.
President Obama is no longer president in the constitutional sense. He appears to have elevated himself to the role of emperor, deciding unilaterally what should be the law and what should not, bypassing Congress and placing himself in the role of Julius Caesar.
"The entry into force of the U.S.-Korea trade agreement on March 15, 2012, means countless new opportunities for U.S. exporters to sell more made-in-America goods, services and agricultural products to Korean customers -- and to support more good jobs here at home." Thus did the Office of the U.S. Trade Representative rhapsodize about the potential of our new trade treaty with South Korea. And how has it worked out for Uncle Sam?
When asked by a Canadian journalist "Why should North Americans risk their assets to help Europe?" EC President José Barroso replied "Frankly, we are not here to receive lessons in terms of democracy or in terms of how to handle the economy."
One of the heaviest-hitters in this space is caught in a firestorm of controversy. That's leading many investors to question whether this company is worth an investment.
I need a new car. I recently had my fourth child, and while everyone fits in our current vehicle, one person must ride in the far back, which seems awfully vulnerable in case of an accident. The problem for my family—and millions of families like mine—is that new cars are expensive, and the government is making them more so. In fact, a recent report revealed that more stringent government regulations for cars’ fuel efficiency (what’s known as the “CAFE standard”) will raise the average cost of new automobiles by nearly $3,000. That will price millions of would-be buyers out of the new car market.
Within the next two weeks we will know the outcome of the ObamaCare case, filed by twenty-six States, pending at the United States Supreme Court.
What is it with Barack Obama and 27 months? Listen to the president and his aides talk, and you'll soon hear claims that the administration has accomplished great things in the last 27 months.
The rise of the Muslim Brotherhood in Egypt and elsewhere in the Middle East has caused many Americans to reflect on that group's stated ambition to impose worldwide the totalitarian,supremacist Islamic doctrine known as shariah. Particularly unsettling is evidence of the group's goal in America, namely of "destroying Western civilization from within," as documented in the Holy Land Foundation trial in Dallas in 2008.
A Wall Street Journal story by Robin Sidel looks at a troubling trend in the banking industry. No, not the JPMorgans of the industry losing $2 billion on bad bets, but on small community banks who don't have the word "billion" anywhere on their balance sheets. According to her piece: "A growing number of tiny community banks are deciding it's time to put out the 'for sale' sign … many executives of these small lenders are frustrated by costly, new regulations."
WEST NEWTON, Pa. — Bill "Smokey" Baird is tinkering with a customer's bike in his shop along the Great American Passage trail connecting Homestead with Washington, D.C. A family of seven walks in to rent bikes for the day. The owner of West Newton Bicycle Shop, and of an auto-body shop across the road, sends them on their way with a variety of bikes.
Presidential candidate Barack Obama promised that his Administration would “fundamentally transform the United States of America.” One clue to what he meant was his comment to now-congressional candidate Joe “The Plumber” Wurzelbacher: “When you spread the wealth around, it’s good for everybody.”
Four years ago, the Obama forces heavily outspent those supporting John McCain. The Obama campaign had enough money to target -- and carry -- heretofore Republican states like North Carolina and Indiana.
The late Senator Daniel Patrick Moynihan famously observed that “Everyone is entitled to his own opinion, but not his own facts.” It’s an admonition not taken particularly seriously by today’s political left. They embrace, extol, advocate ideas and policies based on what they wish were true, regardless of how often and consistently their ideas have been proven wrong.
Bullfighting is a dangerous sport; the bull wins by lethally plowing into the matador. Nevertheless, President Obama is trying his hand at bullfighting and he’s using unconstitutional trickery to shield himself from a lethal political blow. In Obama’s case, the bull’s name is “Wall Street”—the lifeblood of American culture.
One of my favorite things about summer is cultivating a summer reading list. Regular readers may have noticed that I frequently ask people what books they’re looking forward to reading. One of the books on my list is Jay Cost's new one.
American capitalism doesn’t make you selfish; socialistic entitlements foster more selfishness. Free enterprise encourages you to earn your reward by serving customers willing to pay; entitlements build the expectation that someone else ought to pay to fulfill your wants and needs.
The left wants us to believe that paying for teachers, firefighters and police is a federal responsibility. Not so. Such services have traditionally been the responsibility of state and local governments.
This is a time for serious reflection. We all need to think about what government owes us (or doesn't), what taxpayers owe public union workers (or don't), and what promises have been made by politicians at taxpayer expense that cannot possibly be met.
Self-made billionaire Sheldon Adelson says the secret to his success was "never knowing anything" about the businesses he entered. That sounds like an exaggeration, but he emphasized that point when speaking to students at UNLV recently, upon receiving the Hospitality Industry Leader of the Year by the UNLV's Harrah Hotel College.
Why would any Republicans (most recently Sen. Lindsey Graham and Jeb Bush) want to help the Democrats achieve those goals?
We know Americans love to shop, but how are they pulling it off? The simple answer is consumers have been dipping into savings, but even that trend has odd angles. In the meantime, the S&P Retail Index has skyrocket since the financial meltdown.
We examined many men and women for the honor of being the quintessential gentleman and lady. All of them had excellent resumes; several of them could arguably have been chosen. Two stood out above the rest: George Washington and Abigail Adams.
Typical liberal logic: The automakers asked for $50 billion, Bush offered $17 billion and Obama compromised at $80 billion, to paraphrase Winston Churchill.
Obama's immigration policy shift potentially scores points for the President on both the left and right sides of the political aisle.
I have two twentysomething daughters who’re currently taking over the planet. When these female charges popped out of their mommy’s womb, this thing called “responsibility for their upbringing” hit me like a Jackie Chan punch.
If you've got some clothes you don't need anymore, you can give them to Goodwill or the Salvation Army. If you have an old car, you can call various organizations to take it away. And if you're in Chicago and have a gun that's burning a hole in your pocket, you can get rid of it on Saturday, no questions asked.
I know Democrats are all about big government getting bigger. That’s why you can never vote or give money to them. Republicans aren’t much better-but many of them are learning. At least there is a small sliver of hope.
In a 2002 New York Times editorial Krugman said "To fight this recession the Fed needs…soaring household spending to offset moribund business investment. [So] Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble."
Louisiana School System Says Educating Illegal Immigrant Children Will Cost $4.6 Million | Sarah Jean Seman
Joe Biden at DNC Women's Lunch: I Sure Miss That Serial Sexual Assaulter Bob Packwood | Katie Pavlich