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.
The tobacco industry has spent $47 million to defeat California’s Proposition 29, which would enact a new $1-a-pack cigarette tax, and its ad campaign is having a significant impact.
The bankruptcy trustee in charge of liquidating MF Global issued a report today that there "may be valid claims" against CEO Jon Corzine.
Reports out of Pakistan indicate that missiles fired from American drones killed over a dozen people in that country on Monday, bringing the three-day total of Pakistanis killed by lethal drone strike to 27.
Monday’s attack was reportedly aimed at a “militant hideout” in Hesokhel, a village located in the North Waziristan region.
South Waziristan was abuzz with drones over the weekend as U.S. controlled drones are believed to have launched four Hellfire missiles that killed nine men branded as militants living in a village near Wacha Dana. A statement made to CNN by a local government official confirmed the body count.
The federal government informed an appeals court on Thursday that it has the right and the power to place GPS tracking devices on the privately owned vehicles of citizens without obtaining a warrant. This is in open rebellion to a Supreme Court decision from January that held that such warrantless installation of tracking devices on cars was unconstitutional.
Rather than making healthcare more affordable, ObamaCare has made it less affordable — and will make it even less affordable as new mandates take effect — executives told a House subcommittee.
Army Chief of Staff General Raymond T. Odierno’s article published in Foreign Affairs, the official journal of the Council on Foreign Relations, reveals his plans for the future use of the U.S. Army to maintain domestic as well as global stability.
A Ron Paul supporter was arrested and emerged with broken fingers and another was reportedly given a dislocated hip after a June 2 Louisiana Republican convention split into two separate groups. According to Hamdan Azhar at PolicyMic.com, the majority convention backed Paul, and the Texas Congressman will send 27 of 46 Louisiana delegates to the Republican national convention this summer in Tampa. However, GOP establishment forces — who constituted a minority of the delegates in attendance — pledged to send a different, less Paul-friendly delegation to Tampa despite opposition by local Romney campaign officials.
As a shadowy collection of the world’s power brokers gathers in Chantilly, Virginia, for the elite Bilderberg conference this weekend under unprecedented media scrutiny, activists from across the political spectrum are arguing that U.S. citizens attending the controversial confab are potentially committing a felony by violating the Logan Act. And while the chances of charges being brought anytime soon are probably slim, anti-Bilderberg protesters admit, more than a few critics of the meeting are still loudly calling for federal prosecutions to bring any and all perpetrators to justice.
The Florida judge overseeing the case of George Zimmerman, charged with second-degree murder in the February shooting death of Trayvon Martin, revoked bail and ordered the defendant to surrender himself to authorities within 48 hours. Prosecutors alleged that Zimmerman — who says he shot Martin in self-defense — had not revealed money raised from supporters through online donations, or the existence of a second passport. His defense team, however, said there was no intention to mislead the court.
President Obama has assumed personal authority for deciding who gets added to his infamous kill list and when the trigger is pulled. He does so without due process. That is, the President determines that the accused is guilty and orders the execution, even though he has not been brought to trial and found guilty in a court of law.