In his 2013 budget proposal, President Barack Obama is asking for what amounts to a tripling of the corporate dividends tax rate for high-income earners (individuals and households with annual incomes exceeding $200,000 and $250,000, respectively). If it were just a typical attack on the wealthy, with the usual negative side effects of transferring cash from job creators to politicians, it would be bad enough. But a huge hike in the dividend tax rate will have ripple effects throughout the economy, discouraging investments, depressing stock prices, and reducing dividend payments — all of which will harm Americans at every income level.
Texas Congressman Ron Paul stood by a campaign advertisement he released calling former Pennsylvania Senator Rick Santorum a "fake" fiscal conservative in the February 22 CNN GOP presidential debate in Mesa, Arizona. The debate was the last scheduled candidate face-off before the February 28 primaries in Arizona and Michigan, and the ten-state "Super Tuesday" primaries March 6.
In a decision likely to further alienate Western nations against the Iranian regime, a trial court in Iran has found Pastor Youcef Nadarkhani guilty of apostasy and has sentenced him to death. Prior to his arrest in 2009, Nadarkhani had led a 400-person house church movement in Iran after his conversion from Islam. The court demanded on several occasions in late September of last year that the pastor renounce his Christian faith, or face possible execution for apostasy from Islam.
In 1967, Michigan Governor George W. Romney, a potential contender for the 1968 Republican presidential nomination, abandoned his earlier support for the war in Vietnam, which he had called “morally right and necessary.” Asked why he changed his position, Romney said, “When I came back from Viet Nam [in November 1965], I’d just had the greatest brainwashing that anybody can get.” That remark indicating the U.S. military had lied to him was widely interpreted as a fatal gaffe, and Romney pulled out of the race two weeks before the New Hampshire primary.
With the publishing of a “white paper” about the housing market, Fed Chairman Ben Bernanke has rankled some Republicans that suggestions made appear to have transgressed some line of propriety that separates monetary policy, fiscal policy, and the Fed’s “independence.”
To this writer, and a good many of his friends on the Right, the best way to reform the public schools is to get the government out of the education business. Most of us believe that a government education system is incompatible with the principles and needs of a free society, in which educational freedom should prevail. John Taylor Gatto, after spending nearly 30 years teaching in public schools, has been one of the strongest critics of the whole concept of compulsory “schooling,” which he denounced in his devastating book, The Underground History of Public Education.
A day after a U.S district court ruled that scores of churches could temporarily continue meeting in New York City schools, an appeals court ruled that the restraining order against the city applied only to the Bronx Household of Faith, the primary church named in the lawsuit.
A new effort to hand control over the Internet to the United Nations is underway as oppressive regimes such as the communist dictatorship ruling mainland China clamor for more censorship and regulation of the World Wide Web.
The Alabama Supreme Court has placed a shot across the bow of Roe v. Wade's crumbling rampart, calling on states to abandon the concept of fetal “viability” introduced in that ruling and to recognize the right to life of the unborn.
Imagine you paid thousands of dollars for a vacant lot where you wanted to build your dream house. The lot is 500 feet from a rural lake, with only a couple of houses between the lot and the lake, with a partial view of the lake. You obtained all the appropriate permits from the county and state, and then — just days after you laid some gravel — the federal government came in and told you that you couldn't build on the land.