So now we have entered — or will, come January — the era of “bipartisanship,” the era of “transforming America,” the era of “change.” We’ll believe what Barack Obama and the new administration claims it seeks when Mr. Obama’s new attorney general frog-marches Barney Frank, Chris Dodd, Nancy Pelosi, Harry Reid and Henry Waxman — chief architects and enablers of the subprime mortgage...
We have a choice between two futures. For the first, fast forward 23 days. It’s November 17. Congress convenes for a special session with a veto-proof Democratic majority Senate, an expanded Democrat majority in the House and a Democrat in the White House. The sole item on their agenda is to pass the $300 billion government spending package promised by House Speaker Nancy Pelosi back in October.There...
The WSJ takes Obama to task on his complete ineptitude and lack of leadership: If Sen. Obama were truly looking for a kind of deregulation that might be responsible for the current financial crisis, he need only look back to 1998, when the Clinton administration ruled that Fannie Mae and Freddie Mac could satisfy their affordable housing obligations by purchasing subprime mortgages. This ultimately...
ABOARD “Straight Talk Air” (between New York and Miami) — Sen. John McCain would “absolutely” not compromise on Supreme Court nominations if elected and would continue to nominate strict constructionist judges if any of his Supreme Court nominations were defeated by a hostile Senate. McCain said that and much more to HUMAN EVENTS chief political correspondent John Gizzi in an exclusive...
Senator John McCain (R–AZ), the Republican presidential nominee, has proposed an ambitious health care reform agenda. His plan focuses on four key objectives: making health insurance innovative, portable, and affordable; ensuring care for high-risk patients; lowering health care costs; and confronting long-term care challenges.[1] These goals are meaningful, and McCain’s policy measures...
Yesterday, President Bush met with the President’s Export Council to discuss the crucial contributions of trade to the American economy. Last year, the U.S. exported a record $1.6 trillion in goods and services to countries around the world, and in the past four quarters, trade has accounted for more than half of the growth in the U.S. economy. For the first half of 2008, the United States exported...
WASHINGTON — The United States has an oil reserve at least three times that of Saudi Arabia locked in oil-shale deposits beneath federal land in Colorado, Utah and Wyoming, according to a study released yesterday. Read More →
“Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world — more than 2 Trillion barrels. On August 8, 2005 President Bush mandated its extraction. Three companies have been chosen to lead the way. Test drilling has already begun…” Read More →
America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times, giving western economies the trump card against OPEC’s short squeeze on oil supply and making Iranian...
Why does debate over the effects of income tax cuts on revenues and the budget deficit never end? Do we not have ample empirical data that demonstrates that lowered taxes produce “more” revenue, not less, by stimulating economic activity? Read More →
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