Heads of state and other governmental officials from 47 countries gathered in Washington, D.C., on April 12 on the eve of President Barack Obama's nuclear proliferation summit. The event was described in an AP report as “the largest assembly hosted by a U.S. leader since the founding conference of the United Nations in 1945.”
If you think America is in decline and you are worried about the future, you’re not alone. According to a report at FOXNews.com, a very solid majority of Americans — including both those who consider themselves Republicans and Democrats — are far more inclined to view the nation as weaker now than it has been.
On March 23, 2010, attorneys general from 18 states filed suit against the national government in the United States District Court, Northern District Florida, accusing it of committing “an unprecedented encroachment on the liberty of individuals living in the Plaintiffs’ respective states, by mandating that all citizens and legal residents of the United States have qualifying healthcare coverage or pay a tax penalty.”
Former Federal Reserve Chairman Paul Volcker sent up a trial balloon at the New York Historical Society April 6 when he said that a Value-Added Tax (VAT) needed to be considered in light of the huge deficits facing the country. According to Volcker, the VAT is “not as toxic an idea” as many have considered it to be in the past, and “if at the end of the day we need to raise taxes, we should raise taxes.”