One of the ways of trying to reduce the vast disparities in economic success, which are common in countries around the world, is by making higher education more widely available, even for people without the money to pay for it. This can be both a generous investment and a wise investment for a society to make. But, depending on how it is done, it can also be a foolish and even dangerous investment, as many societies around the world have learned the hard way.
Last week, President Barack Obama, at a Capital Hilton fundraising event, told the crowd, "We can't go back to this brand of you're-on-your-own economics." Throughout my professional career as an economist, I've never come across the theory of "you're-on-your-own economics." I'm guessing what the President means by — and finds offensive in — "you're-on-your-own economics" is that it's a system in which people are held responsible for their actions, that they take risks and must live with the results, that people can't force others to pay for their mistakes, and that they can't live at the expense of other people.
While the Family Research Council’s Tony Perkins crowed about a “consensus” vote for GOP presidential candidate Rick Santorum at the special evangelical con-fab called in Texas to choose the Christian candidate preferred over Mitt Romney, not all the faithful were in agreement that Santorum has the intellectual and political prowess to defeat Barack Obama.
An explosive report published late last week by the magazine Foreign Policy, citing half-a-dozen current and former U.S. intelligence officers, claimed that spies with Israel’s Mossad agency were posing as Central Intelligence Agency (CIA) agents to recruit terrorists for a covert war against Iran. An Israeli official, however, dismissed the allegations as “nonsense.”
Last Friday, two pro-business organizations filed motions in the U.S. District Court for the District of Columbia, challenging the constitutionality of President Barack Obama’s recess appointments. The two advocacy groups, the National Right to Work Foundation (NRWF) and the National Federation of Independent Business (NFIB), argue in their pleading that as the Senate was in session, the Constitution does not empower the President to make appointments without their advice and consent.
Two years after the Haiti earthquake on January 12, 2010 — which killed 316,000, injured 300,000 more, left one million homeless, and destroyed $8 billion in property — most of the billions of dollars pledged to help the island recover can’t be accounted for. And of that which can be, precious little found its way into the hands and mouths of the Haitians themselves.
The Republican presidential race has become a hot potato for the American electorate, as revealing campaign ads and heated presidential debates underscore the records and credentials of the remaining GOP candidates. Many of the recent campaign controversies, particularly over so-called "attack ads" — which are often just marketing campaigns that highlight a candidate’s record — have led to a political witch-hunt that has stamped the newly minted "Super PAC" with a big fat corruption label.
Former Utah Governor Jon Huntsman bowed out of the 2012 presidential race on Monday, urging his remaining rivals to unite behind former Massachusetts Governor Mitt Romney as the Republican Party’s best hope of victory in November.
Republican presidential candidate Rick Santorum won the endorsement from a group of about 150 evangelical Christian leaders at a gathering in the Houston suburb of Brenham, Texas, Saturday, despite the former Pennsylvania Senator’s long history of supporting pro-abortion candidates for state and federal offices. Santorum, whose strong opposition to abortion and same-sex marriage helped him come within eight votes of GOP frontrunner Mitt Romney in the Iowa caucuses, has nonetheless been dogged by questions regarding his past support of staunch pro-abortion Republicans such as former Pennsylvania Sen. Arlen Specter and former New Jersey Governor Christine Todd Whitman.
Rhode Island Representative Daniel Gordon has drafted a resolution to express his opposition to the National Defense Authorization Act (NDAA) “that suspended habeas corpus and civil liberties” under Section 1021. In an interview with World Net Daily, Gordon explained that that section of the act, signed into law by President Obama on New Year's Eve, "provides for the indefinite detention of American citizens by the military on American soil, without charge, and without right to legal counsel and [the] right to trial."