President Barack Obama held a live press conference Tuesday to announce the bipartisan compromise on the expiring Bush tax cuts. He also took the opportunity to target the Republican position on the tax cuts as detrimental to the middle class tax cuts, as well as accuse the Republicans of political maneuvering and obstructionism.
Despite the public backlash against “net neutrality” and the “Fairness Doctrine,” the Left and the federal government continue to push for the Federal Communications Commission (FCC) to grab further control of news programming. In a speech at the Columbia University School of Journalism, FCC Commisioner Michael Copps indicated his intent to impose a “public values test” and change relicensing requirements to every four years instead of the current eight years.
Skeptics who continue to assert that the economic plight of the United States has been overstated need not look further than the Pentagon to find out just how wrong they are. CNBC has learned that the Pentagon is currently playing out “war games” pertinent to an American economic meltdown.
Is a global "carbon tax" still in the works, even though political support, as well as scientific support, has been steadily plummeting for legislative and regulatory regimes aimed at dealing with global warming?
Americans have heard politicians talking a great deal about cutting spending, reducing the deficit, and employing a mentality of fiscal conservatism. But just how serious are they about it when they maintain loyalties to their constituents that are diametrically opposed to fiscal conservatism?
Foreign Affairs, the mouthpiece of the Council on Foreign Relations, is like a 500-pound canary: When it speaks, people listen. Gary North referred to the article in the November-December 2010 issue entitled "American Profligacy and American Power" as “a turning point … the first official announcement … that the Federal deficit is out of control … which threatens the survival of America’s position as the world’s most influential political-military participant.”
Senate Finance Chairman Max Baucus proposed a “tax extenders package” on December 2 that pertains to a slew of energy issues, including an extension of ethanol subsidies, as well as a continuation of benefits for those who produce biodiesel, natural gas vehicles, and energy-efficient products and appliances for the home.
The New York Times has long maintained a pseudo-aristocratic attitude toward American society. Its nicely manicured contents, which seem to ooze respectability, hide the fact that its history is one of betrayal of the truth.
Now that the President's Deficit Commission has failed to reach critical mass (14 favorable votes of the panel's 18 members were required for the panel's recommendations to reach Congress), it can now be seen for what it was all along: a gigantic misdirection of attention to the trivial and irrelevant.