The United States Congress has enacting “the toughest financial reform since the one we created in the aftermath of the Great Depression,” said President Barack Obama on Friday. The sprawling legislation promises transparency and oversight while providing government with new tools that it can use to liquidate failing firms. In spite of calls to break […]
After the election of the conservative Fidesz party in Hungary last month, neighboring Slovakia is also taking a right turn, evicting the imcumbent prime minister in favor of an array of small parties campaigning of a platform of free-market capitalism and ethnic harmony. Since the ascendance of a right-wing coalition in September 2002, Slovakia has […]
We live in an age when the Secretary of the Interior and the White House Press Secretary proudly and publicly proclaim that they will keep their “boot on the neck” of an oil company. This new manifestation of “hope” and “change” is ominous at a time when the government is rapidly escalating its involvement and […]
The American president calls for more deficit spending. European countries are skeptical.
General Stanley McChrystal’s replacement reflects a “change in personnel,” according to the president, “not in policy.”
America’s southern border is on fire. We have the Mexican government now suing the State of Arizona over its immigration law, which merely upholds and enforces national law — which the federal government refuses to enforce. We have ever increasing kidnapping, murders, theft and violence of every kind along the entire frontier. National Guard troops […]
Forget terrorism and a nuclear Iran; the biggest threat to Persian Gulf countries is their economy.
Chancellor of the Exchequer George Osborne delivered his first budget last week, outlining his plans to “balance the books” by 2016. Tax increases and benefit cuts are tough but “unavoidable,” said Osborne. Britian’s coalition government of Conservatives and Liberal Democrats will raise the main value-added tax rate from 17.5 to 20 percent next year. Taxes […]
Strict drug laws cause more harm than the drugs.
Well past their April deadline, House Democrats have yet to introduce a federal budget for the next fiscal year.
As the Democrats are expected to use BP’s oil spill to push for stricter regulation of business in the United States, left-wing commentators are wondering why even the disaster in the Gulf won’t convince small-government conservatives. The Obama Administration and the Environmental Protection Agency (EPA) — which rarely urges passage of specific legislation — both […]
Barack Obama’s chief of staff is reportedly frustrated about the lack of pragmatism in the White House.
France is prepared to start negotiations with Iran over its nuclear program within the International Atomic Energy Agency “without delay,” said President Nicolas Sarkozy on Saturday while meeting with his Russian counterpart Dmitri Medvedev. A spokesman for Sarkozy’s office said the talks would be held “on the basis of Brazilian and Turkish efforts and the […]
A corporate tax cut would improve Japan’s competitiveness among industrialized nations.
Former prime minister Dominique de Villepin announces he will run for president in 2012 on his own platform.
