Having taught economics at a number of colleges for a number of years, I especially welcomed a feature article in the June 22nd issue of The Chronicle of Higher Education, on how economics courses with the same name can be very different at different colleges. It can also be very different when the course is taught by professors in the same department who have different approaches.
Presumptive Republican presidential nominee Mitt Romney has reassured the electorate that he agrees with the Supreme Court’s ruling that the infamous “individual mandate” that is the cornerstone of the Affordable Health Care Act — i.e. “ObamaCare” — is a tax. He also says it's constitutional. In his own words from his July 4 interview with CBS's Jan Crawford: “The Supreme Court has the final word. And their final word is that ObamaCare is a tax. So it's a tax. They decided it was constitutional. So it is a tax and it's constitutional. That's the final word. That's what it is.”
The commander of Iran’s Islamic Revolution Guards Corps (IRGC) Aerospace Force declared Wednesday that the IRGC has prepared comprehensive contingency plans to attack 35 American military bases in the region “within minutes” of an American military strike on his country.
On July 2, social media service Twitter released its first ever “Transparency Report” revealing the alarming number of requests it has received from the government of the United States to delete tweets and disclose information about its users.
Our latest "Freedom Index," the third for the current (112th) Congress, shows how every U.S. representative and senator voted on key issues such as raising the national debt limit, reauthorizing the Export-Import Bank (a corporate-welfare program), and developing our oil and gas resources.
The recent public-employee union controversy in Wisconsin is part of a global phenomenon, and every U.S. government unit will face the same crisis. Governor Walker stood up to the teachers' union in his state by saying that he wouldn't back automatic pay increases for teachers and other public workers that had increased state costs.
After the German government ratified the European Stability Mechanism, a permanent eurozone bailout package, opponents within Germany asked the nation's Constitutional Court for a temporary injunction against the ESM. The court will then rule on the constitutionality of the bailout scheme, possibly leading to a eurozone breakup.
Looking behind the numbers Thursday's ADP report reveals an economy that is flat lined, heading into recession. When June’s numbers are compared to January’s, ADP’s total nonfarm private jobs growth has increased from 110 million to 110.9 million, a gain of 77-100ths of one percent, or about 142,000 new jobs each month.
In the first part of this article we wrote about crimes committed by the educators against individual children. But these same educators are also guilty of crimes against the nation. Indeed, back in 1983, the National Commission on Excellence in Education produced its long-awaited and by now totally ignored report entitled "A Nation at Risk." It was chaired by David P. Gardner and included such prominent members as Nobel prize-winning chemist Glenn T. Seaborg; A. Bartlett Giamatti, President of Yale; Gerald Holton, Professor of Physics at Harvard; and Annette Y. Kirk, wife of conservative author Russell Kirk. The most famous statement in the report accused our educators of outright treason. It said:
Concluding the Catholic bishops' "Fortnight for Freedom," Archbishop Charles Chaput told the crowd of 4,500 assembled at the Basilica Shrine of the Immaculate Conception in Washington, D.C. that the "Caesar" in our nation's capital needs to be reminded that our rights are the gift of God and not the government.