President Obama raised several hundred million dollars during the 2008 election, more than twice what Republican rival John McCain raised and a far cry more than any other U.S. President before him. The result? Obama’s fundraising achievements have ushered in a degree of crony capitalism Americans have quite possibly never witnessed before.
Senator John McCain (R-Ariz.) says it is “shameful” that NATO hasn’t acted to suppress the unrest in Syria. At an event sponsored by the Atlantic Council, McCain continued beating the war drum for American military intervention in yet another Middle Eastern civil conflict.
Billionaire Australian mining magnate Clive Palmer accused the CIA of funding environmental extremists seeking to cripple the island nation’s industry, saying during a press conference that the money was being routed through conduits such as the infamous Rockefeller Foundation. And the Australians involved in the alleged plot are essentially committing “treason,” Palmer declared.
Despite predictable outcries against a plan advertised as a $5.3-trillion cut in federal spending over the next 10 years, House Budget Committee Chairman Paul Ryan (R-Wis.) says voters are ready to embrace the kind of cuts he has outlined in his proposed budget. Appearing on the "Morning Joe" show on MSNBC shortly before the release of his spending plan Tuesday, Ryan acknowledged he had been advised by some of his Republican colleagues not to propose deep spending cuts, especially to Medicare, in an election year. But, the budget chairman argued, the mounting national debt and growing concerns about its effect on the nation's economy have changed the public's attitude toward spending cuts.
Last weekend The New American published an article about President Obama’s issuing of a new Executive Order granting himself power to seize control of America’s national resources during a time of “national emergency.”
Germany — once a global leader in the race for reliance on “alternative” forms of energy — has discovered that no amount of environmentalist ideology can alter the fundamental laws of economics. Although wind and solar “farms” have been the recipients of lavish government subsidies throughout the European Union, the German government is now being forced to concede it cannot continue supporting solar power at the levels that had quickly become customary, and is dramatically reducing its solar energy subsidy.
When parents are told that their child is having a “reading problem” in primary school, they usually accept the teacher’s explanation that little Johnny or Suzie have some sort of learning disability. The fact that these little rambunctious kids came to school having taught themselves to speak their own language is proof positive that they don’t have a learning disability.
One of the things that turned up, during a long-overdue cleanup of my office, was an old yellowed copy of the New York Times dated July 24, 1992. One of the front-page headlines said: "White-Black Disparity in Income Narrowed in 80's, Census Shows."
When Federal Reserve Chairman Ben Bernanke donned his professorial cap and addressed 30 undergraduate students at George Washington University on Tuesday, he claimed it was all in the interest of transparency. According to the New York Times, “The Fed is concerned that it is neither loved nor understood by many Americans, and that public anger could lead to constraints on its powers.”
The New York Times, never considered a model of objective journalism, is being accused of having an editorial double-standard after it published a full-page ad aggressively critical of the Catholic Church, but refused a nearly identical one critical of Islam. The anti-Catholic ad, run in mid-March by the atheist group Freedom From Religion Foundation (FFRF), was framed as an “Open Letter to ‘liberal’ and ‘nominal’ Catholics,” declaring that “It’s Time to Consider Quitting the Catholic Church.”