Last week, White House Press Secretary Jay Carney made a bold assertion: President Obama’s 2009 economic stimulus law is “widely recognized to have broken the back of the recession.” The American Recovery and Reinvestment Act, which was signed into law on February 17, 2009, had an original cost estimate of $787 billion, but has since been revised by the Congressional Budget Office (CBO) to an elevated tune of $831 billion.
Secretary of State Hillary Clinton's motorcade faced a barrage of tomatoes, shoes, and protesters in her visit to Cairo, Egypt July 16. Some Egyptian protesters charged that the U.S. government had supported the Muslim Brotherhood in the Islamic nation's recent presidential election, though it's unclear if the Obama administration did provide support for any party.
A drone being used by the United States Special Forces has the potential to remain airborne indefinitely if engineers can get the science right. Using lasers beamed from the ground to the unmanned aerial vehicle, the military could send a continuous source of power to the drone allowing it to fly without landing for refueling.
When Federal Reserve Chairman Ben Bernanke appears tomorrow before the House Financial Services Committee, he’ll be facing, for the final time, his nemesis, Representative Ron Paul (R-Texas), author of End the Fed.
Monday's report from the California Employees’ Retirement System (CalPERS) contained two numbers that are spelling out the death spiral of that plan: too little money making too little returns. How bad are the returns? According to the report, the plan made a paltry one percent in the past year (July 2011 - June 2012), far below what's needed for the plan to be able to keep its promises to its beneficiaries
The U.S.-backed “rebels” attempting to overthrow the government of Syrian President Bashar al-Assad are being told by President Obama that they will have to wait until after the November presidential elections to start receiving the arms and intelligence they need to topple the Assad regime.
A Virginia woman is suing the restaurant where she worked as a waitress, charging that the owner fired her after she refused to have an abortion. According to the Roanoke Times, 17-year-old Abigail Shomo had worked for about four months at Mi Puerto, a restaurant owned by Leopoldo Florez Aguirre Sr., when she became pregnant by Aguirre’s son, Leopoldo Florez Aguirre Jr. According to the lawsuit, after finding out that Shomo was pregnant, Aguirre Sr. ordered that she be fired, telling her, the lawsuit alleges, that “although he was happy with her work, [she] was pregnant; that in his opinion, customers did not want to see ‘a belly’ on their waitresses; and that customers wanted a slim young waitress.”
Speaking at a campaign event in Cincinnati, Ohio on Monday, President Obama insisted that he does not make the same mistake twice, and that he would remain steadfast in his efforts to subsidize the “green” energy industry.
The Arizona affiliate of Planned Parenthood, the tax-funded abortion behemoth and a top ally of President Obama, filed a federal lawsuit against state officials this week in an effort to stop a new law halting the flow of taxpayer funds to abortion providers. Republican Gov. Jan Brewer, however, expressed confidence that the effort to protect citizens from being coerced into financing abortion would be upheld.
After disgraced Attorney General Eric Holder became the first sitting cabinet member in U.S. history to be officially held in contempt of Congress, gun-rights activists are now seeking to have Obama’s controversial top law-enforcement officer disbarred for his lawless behavior surrounding the “Fast and Furious” federal gun-running scandal – the scheme to put thousands of weapons in the hands of Mexican cartels that eventually led to Holder being held in contempt for making multiple false statements under oath and defying lawful subpoenas to obstruct a congressional investigation.