Texas Governor to Announce Presidential Bid
The Texan governor might unite social conservatives and small government activists.
Left Blames Austerity for British Riots
Predictably, leftists are blaming the riots in the United Kingdom on conservative budget-cutting.
Syrian President Doubling Down
Bashar al-Assad seems determined to kill his way to a resolution.
North, South Korea Exchange Fire
The two rivals, technically at war, each fired shells near a disputed maritime border west of the peninsula on Wednesday.
Getting Back to AAA Will Be Tough
The United States might be able to learn from the experiences of Canada and Finland but there are notable differences.
What’s at the Root of London’s Riots
Decades of welfarism have fostered an entitlement mentality.
The Necessary Correction Finally Arrives
Stock markets tumble around the world. Austrians school economists saw it coming several years ago.
Silence in the Kingdom
The Saudi government debates an anti-terrorism law that would give security forces broad detention powers.
Fannie, Freddie Downgraded
The two semi-private mortgage giants were bail out by the United States government.
The Curious Case of Estonia: Where Austerity Works
After a deep contraction, one small Baltic nation cuts spending and wages to regain competitiveness.
European Central Bank to the Rescue
Frankfurt moves to purchase Italian and Spanish sovereign bonds in an attempt to defuse the European debt crisis.
American Politics Divided on Growth Strategy
Parties blame each other for their nation’s downgrade and are unable to find much common ground to help the recovery.
China’s Useless Aircraft Carrier
China is refurbishing a Soviet era carrier that poses no threat whatsoever to American naval dominance in the Pacific.
Social Security Has to Be Changed
America’s public pension system has to be reformed if it is to remain solvent but Democrats are opposed to changes.
Can America Afford Deeper Defense Cuts?
Military leaders and analysts warn against reducing defense spending by the hundreds of billions over the next ten years.