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Tony Lee

Tony Lee

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'Vulture Capitalism' Not Responsible for Hostess Demise

'Vulture Capitalism' Not Responsible for Hostess Demise

After Hostess began to liquidate its holdings last week, eliminating 18,500 jobs in the process, critics accused the company’s investors of engaging in so-called “vulture capitalism.” Ripplewood Holdings, which bought Hostess, will actually lose nearly all of the $130 million

Weak Job Market Drives Down Law School Enrollment

Weak Job Market Drives Down Law School Enrollment

More potential law school students take the Law School Admissions Test (LSAT) in October, but the number of students taking the test this October plunged 16.4% due to the poor economy, as fewer law school graduates are finding jobs.  In

Black Leaders to Obama: You Owe Us

Black Leaders to Obama: You Owe Us

Black voters turned out in record numbers in key swing states like Ohio to reelect President Barack Obama in 2012, and some of the nation’s most prominent black leaders are now demanding Obama pay back this support in his second

Chambliss Signals Possible GOP Surrender on Tax Hikes

Chambliss Signals Possible GOP Surrender on Tax Hikes

Thirty-eight Senators and 219 House members have signed Grover Norquist’s famed anti-tax “Taxpayer Protection Pledge,” which has been instrumental in preventing politicians from increasing taxes. But after Sen. Saxby Chambliss (R-GA) indicated on Wednesday to a Georgia television station that

Analysis: Hispanic Vote Not Decisive in Obama Victory

Analysis: Hispanic Vote Not Decisive in Obama Victory

Exit polls from the 2012 election show that Mitt Romney would have lost Wisconsin, Iowa, and New Hampshire even if he had received 100% of the Hispanic vote in those states. This undercuts the notion that Republicans will not win

Saudi Arabia Electronically Tracking Women

Saudi Arabia Electronically Tracking Women

Women in Saudi Arabia are now monitored by an electronic tracking system that sends text messages to their husbands or male guardians when they leave the country. Male guardians already must sign a “yellow sheet” at the airport or border

New Republican Super PAC to Support Immigration Reform

New Republican Super PAC to Support Immigration Reform

Former George W. Bush Commerce Secretary Carlos Gutierrez is starting a super PAC that will support comprehensive immigration reform — or amnesty — and candidates that support it. Gutierrez recently said that English should not be the official language of government. The

States: Supermajorities Leading to More One-Party Rule

States: Supermajorities Leading to More One-Party Rule

Democrats and Republicans are racking up supermajorities in blue and red states, leading to a country in which the opposition party is rendered useless. According to the Associated Press, “half of state legislatures now have veto-proof majorities, up from 13 only

Obamacare Funding Planned Parenthood Sex Education Program

Obamacare Funding Planned Parenthood Sex Education Program

Taxpayers — through Obamacare — are funding Planned Parenthood to allow the organization to expand its sexual education and “risk reduction” program for ninth graders in places like southeastern Virginia.  Critics say the program does more to glorify and encourage

House to Vote to Award More Green Cards to Highly-Skilled Immigrants

House to Vote to Award More Green Cards to Highly-Skilled Immigrants

The House will vote on a bill to give more green cards to highly-skilled immigrants who hold advanced degrees in the science, technology, engineering, and mathematics disciplines from U.S. universities.  The STEM (Science, Technology, Engineering, Mathematics) Jobs Act, introduced by

Americans On Food Stamps This Thanksgiving At All-Time High

Americans On Food Stamps This Thanksgiving At All-Time High

A record number of Americans — 42.2 million (1.37% of the population) will use food stamps this Thanksgiving. A Sunlight Foundation study found that average participation in the program has increased 70 percent since 2007, with costs reaching $72 billion.

Bernanke: Congress 'Urgently' Needs Deficit-Reduction Plan

Bernanke: Congress 'Urgently' Needs Deficit-Reduction Plan

Federal Reserve Chairman Ben Bernanke said on Tuesday that the looming fiscal cliff and battle over raising the U.S. debt ceiling could have “severe” consequences for the U.S. economy if not resolved.  Bernanke told the New York Economic Club on

Food Stamp Use Skyrockets Even as Unemployment Rate Decreases

Food Stamp Use Skyrockets Even as Unemployment Rate Decreases

A record number of Americans now receive food stamps — even as the unemployment rate has declined — in part because the federal government is actively trying to recruit people into the program.  The Senate Republican Budget Committee noted that