President Obama has agreed with Congressional Republicans to extend all of the Bush-era tax cuts in exchange for extending unemployment benefits. The package includes some other interesting details: President Obama and congressional Republicans have reached a tentative accord on a far-reaching economic package that would
International testing data shows that American high schoolers perform at a distinctly mediocre level in reading, math, and science. Our future imperial masters, though, scored at the very top. After a decade of intensive efforts to improve its schools, the United States posted these results
It is being reported that Wikileaks founder Julian Assange has been charged in Sweden with rape. Actually, that most tolerant of nations is charging him with having sex without a condom. Under certain conditions, apparently, that is a crime in that country. So says this
Economics columnist Robert J. Samuelson points out that before we can cut government spending, we need to arrive at a philosophy of government: Modern democracies have created a new morality. Government benefits, once conferred, cannot be revoked. People expect them and consider them property rights.
British police are reportedly closing in on Julian Assange, the man behind Wikileaks, with plans to arrrest him on Swedish sexual assault charges. But now Assange, playing the role of a James Bond villain, has devised a doomsday weapon set to go off if anyone
An illustration of the futility of creating jobs by just spending government money for construction projects. Once the projects are finished, we are back to unemployment. And all of those “shovel-ready” construction jobs are just about finished. From The Washington Post: The stimulus was here.
Foreign affairs think tanker Robert D. Kaplan argues in the Washington Post that the United States and the Soviet Union constituted, in effect, two empires that organized the world between them. Other countries mostly aligned themselves with one side or the other. The Soviet Empire
The mass transit system in Washington, D. C., is in a financial crisis. This is because, in an effort to raise money, the government raised prices. Which has resulted in fewer and fewer people using the system. The across-the-board fare increase imposed by Metro this
The usually liberal Fareed Zakaria on the incoherence of the government’s attempts to fix the economy: Washington is asking consumers to stop saving and start spending, while the government issues more debt and the Fed lowers rates – all measures designed to increase debt. In
Get ready for a bunch of ads promoting atheism, funded by at least four different sects of atheists, each seeking market share. From the New York Times: Just in time for the holiday season, Americans are about to be hit with a spate of advertisements
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