Is the Export-Import Bank “corporate welfare” or “critical support” for American businesses? According to Barack Obama, it’s both. Back in 2008, then-Sen. Obama denounced the Ex-Im Bank as a government program that should be “cut back” because it had “become little more than a fund for corporate welfare.” But just last week President Obama signed a bill not only extending the bank’s charter for two more years but also increasing the amount of money it can loan by 40 percent.
JBS CEO Art Thompson's video news update for June 4-10, 2012.
We should be grateful that the Obama administration seems disinclined to intervene militarily in Syria. But let’s note that the administration has not kept hands off. In a variety of ways, it is already aiding the rebels. Moreover, White House spokesman Jay Carney says that all options — even military intervention — are on the table.
As Pakistani Christians facing persecution at the hands of their Muslim neighbors, the nation's judicial process is allegedly being hijacked by Islamists to persecute those who do not share their religion.
A massive China-based conglomerate headed by a member of the nation’s ruling Communist Party announced last week the largest ever corporate takeover of an American firm by a Chinese company, sparking concerns among analysts about the regime’s projection of “soft power.” For more than $2.5 billion, the Dalian Wanda Group agreed to purchase U.S.-based AMC Entertainment Holdings — one of the world’s top movie theater chains — to create what will become the biggest cinema operator on earth after the merger.
This Memorial Day, before we further decorate the earth with more graves of more young Americans, let us pause to consider who really "supports the troops." Is it the architects of our policy of perpetual war? Is it those who are eager to send young Americans to die in other people's quarrels or even for other nations' imperial ambitions, all under the endlessly "entangling alliances" of the United Nations and NATO? Or is it those who do not want to put American soldiers in harm's way except when necessary to defend our own country and liberties?
JBS CEO Art Thompson's video news update for May 28 - June 3, 2012.
The U.S. government’s so-called “War on Drugs” in Central America is under heavy fire again after a barrage of negative publicity surrounding a controversial and deadly operation in Honduras earlier this month: an attack that terrorized villagers and reportedly killed two pregnant women and two children traveling on a riverboat. Fierce criticism also erupted when it emerged later that state-sponsored gunmen speaking English — presumably Americans, according to witnesses — pointed a gun at a teenager’s head and threatened to shoot if he refused to talk.
With several leading candidates closely tied to the Mubarak regime, Egyptians are casting their ballots in the first presidential election since the “Arab Spring.” And with balloting taking place and the election results likely to be released next week, the two frontrunners are men with a background which may fall short of the expectations of many Islamist extremists.
While pretending to have achieved some kind of victory in Afghanistan, President Obama and the NATO leaders have pushed ahead on the globalist agenda to transform NATO more fully into the global military arm of the United Nations. According to President Obama and the other NATO leaders, NATO “combat troops” will have left Afghanistan by the end of 2014. Which means that they intend to keep NATO forces (primarily U.S. forces) fighting in Afghanistan for another two-and-a-half years. And after 2014, an unspecified number of NATO/US forces will remain for “training” purposes for an indefinite period.