Young Conservatives Look Forward to the Next Generation

I know many young conservatives all across the country that are isolated and ostracized due to their beliefs. They are portrayed as bigots, misogynists and ignorant just because they are conservative. A new book entitled Young, Conservative, and Why It’s Smart to be Like Us hopes to counter that narrative. 19 May 2013, 8:48 AM PDT

WH: 'Irrelevant' Who Edited Benghazi Talking Points

Appearing on CBS’ Face the Nation, White House senior adviser Dan Pfeiffer said that it was “largely irrelevant” who edited the talking points the Obama administration trotted out in the aftermath of the terrorist attack in Benghazi on September 11, 2012. 19 May 2013, 8:47 AM PDT

Poll: 59% Agree with GOP Actions on Benghazi

Despite the spate of scandals hitting the Obama administration, a new CNN/ORC poll shows that the American people still largely approve of President Obama. His personal approval ratings remain solid at 53 percent, with just 45 percent disapproving. That’s actually up two points since April. 19 May 2013, 8:25 AM PDT

WH: 'Offensive' to Question Obama's Actions During Benghazi

Going on the offensive about President Obama’s mysterious whereabouts during the Benghazi terrorist attacks of September 11, 2012 that resulted in the deaths of four Americans including Ambassador Chris Stevens, White House senior adviser Dan Pfeiffer said it was “offensive” for anyone to question whether the White House could have done more. The assertion “from Republicans” that Obama was not responsive enough during the attack, said Pfeiffer, is “offensive.” 19 May 2013, 8:10 AM PDT

WH: Republicans 'Owe Ambassador Rice an Apology' for Benghazi Criticisms

White House senior adviser Dan Pfeiffer took to ABC’s This Week to defend the Obama administration’s actions in the aftermath of the Benghazi terrorist attack of September 11, 2012. In the process of doing so, he came out in full-fledged battle mode for UN Ambassador Susan Rice. “Frankly,” he said, “I think many of the Republicans have been talking about this, now that they’ve seen the e-mails, owe Ambassador Rice an apology for the things they’ve said about her in the wake of the attack.” 19 May 2013, 8:02 AM PDT

WH on IRS Head During Conservative Targeting: No Suggestion 'She Did Anything Wrong'

The White House, in full defense mode, sent out White House senior adviser Dan Pfeiffer on Fox News Sunday to explain just why the woman behind the IRS’ tax-exempt division during its targeting of conservative groups shouldn’t be fired. “No one has suggested that she did anything wrong yet,” said Pfeiffer of Sarah Hall Ingram, the woman who is currently heading up the IRS’ implementation of Obamacare. 19 May 2013, 7:50 AM PDT

WH: Legality of IRS Action Against Conservatives 'Irrelevant'

Appearing on Sunday morning on ABC News’ This Week, White House Senior Adviser Dan Pfeiffer told a credulous George Stephanopoulos that the IRS’ targeting of conservative groups was “inexcusable,” and that the law with regard to the activity was “irrelevant.” 19 May 2013, 7:41 AM PDT

WH: 'Irrelevant' Where Obama Was During Benghazi Attacks

On Fox News Sunday this morning, White House spokesman Dan Pfeiffer was asked by Chris Wallace where in the White House President Obama was during the September 11, 2012 terrorist attack in Benghazi that killed four Americans. Wallace asked whether Obama was in the Situation Room. “I don’t remember what room the President was in on that night,” shot back Pfeiffer, “and that’s a largely irrelevant fact.” 19 May 2013, 7:29 AM PDT

IRS Targeted Pro-Life Group Earlier than Claimed

Contrary to the official version of events told by the IRS, the targeting of conservative groups did not begin in 2010, but started at least as early as 2009. The Coalition For Life, a pro-life group from Cedar Rapids, Iowa was questioned by an IRS agent in Cincinnati named “Ms. Richards” as early as April, 2009. 19 May 2013, 3:22 AM PDT

'Crazy' Ants Spread Through Southeast U.S.

A different species of ants, called “crazy ants,” is taking the Southeastern United states by storm. They are called “crazy” by researchers because their movement is not consistent, but much more irregular than fire ants, whose presence has been threatened by the incoming species. 19 May 2013, 3:16 AM PDT

Bloomberg: Most High School Students Should Become Plumbers

New York Mayor Michael Bloomberg has some advice for high-school students who are mediocre students: skip college and become plumbers. Bloomberg said on Friday that teenagers who aren’t in the upper echelon should learn how to be plumbers rather that envision a career starting at a prestigious university and obtaining a college degree. 19 May 2013, 3:11 AM PDT

Camelot Is Burning

It began in earnest last Friday. A flash mob of latte drinking, tofu eating media that has done its best to quell, rather than fan the flames of truth, turned on one of their own. Jay Carney lay bludgeoned at the base of the podium, a victim of friendly fire. 18 May 2013

Up to 60 Injured After Car Drives into VA Parade

About 50 to 60 people were injured Saturday when a driver described by witnesses as an elderly man drove his car into a group of hikers marching in a parade in a small Virginia mountain town. 18 May 2013

Alaska Volcano Shoots Lava up Hundreds of Feet

Alaska's remote Pavlof Volcano was shooting lava hundreds of feet into the air, but its ash plume was thinning Saturday and no longer making it dangerous for airplanes to fly nearby. 18 May 2013

Why Andrew Breitbart Walked into the Fire with Sarah Palin

Whenever Andrew Breitbart saw that somebody was being unfairly maligned by the institutional Left, he became that person's stalwart defender. Sarah Palin, perhaps more than any other person in recent history, endured the full weight of what Breitbart called the "Democrat-media complex," and so Sarah Palin had no more fierce a defender than Andrew Breitbart. 18 May 2013

NY Dem. Assemblyman to Resign After Sexual Harassment Allegations

On Saturday, Vito Lopez, a New York state lawmaker accused of repeatedly molesting his female aides and making sexual comments about a 14-year old intern, announced he will resign from office on Monday. The announcement came one day after those allegations came to light in a report. 18 May 2013

VA Gov: Cuccinelli Makes Clear Case Against McAuliffe

On Saturday, VA Attorney General Ken Cuccinelli formally accepted the GOP nomination for Governor at the party convention in Richmond. Cuccinelli will face Democrat fundraiser Terry McAuliffe in the November election, the premier political contest of 2013. In a speech to convention delegates, Cuccinelli made it clear that voters face a clear choice in the election. 18 May 2013

Obama Admin Would Rather Risk Default than Negotiate Debt Limit Deal

On Friday, Treasury Secretary Jack Lew told Congress that the Obama administration would rather risk default than negotiate with Republicans in Congress over raising the debt limit. He said the Treasury Department will begin taking "extraordinary" measures to avoid default until Congress votes to raise the country's debt limit. 18 May 2013

Senate, House Battle Over Immigration Bills

It’s going to be a battle to get immigration reform passed by Congress. The Senate has crafted an 867-page bill that Senators say will most likely need 70 votes in support to put pressure on the House to accept it, while the House has written its own legislation that differs markedly and will vie for acceptance against the Senate bill. 18 May 2013

Colorado sheriffs sue over new gun restrictions

Colorado sheriffs upset with gun restrictions adopted in the aftermath of last year's mass shootings filed a federal lawsuit Friday, challenging the regulations as unconstitutional. 18 May 2013

Over Two-Thirds Back Investigations Into Benghazi, IRS

The President of the United States might not believe there is any "there" there regarding his administration's now-admitted mishandling of the September 11 terror attack on our consulate in Benghazi, Libya, but a new Gallup poll seems to indicate the America people aren't quite as sure. A full 52% "strongly agree" that Benghazi is a "serious issue that needs to be investigated," while 17% "agree." That's a total of 69%. 18 May 2013

Dem Senate Campaigns Marred By Internal Tensions

Two top-tier Democratic prospects recently bypassed running for Senate seats in Georgia and South Dakota, highlighting both divisions within the party and its challenge of finding candidates whose ideologies line up with voters in Republican-leaning states. 18 May 2013

Stocks Lifted by Corporate Buybacks

You may want to spare a thought, and a healthy dose of worry, for what is one of the biggest, and least appreciated, reasons for the rally: buybacks. 18 May 2013

GOP Rep: 'IRS Needs Less Power'

Rep. Andy Harris, R-Md., said given the IRS' recent scandal, the agency should not be in charge of enforcing ObamaCare regulations. 18 May 2013

Boy Scouts Vote To Allow 'Open and Avowed' Gay Scouts

Delegates from the National Council of the Boy Scouts of America will gather next week in Grapevine, Texas to vote on whether they will change their membership policy that has been against "open and avowed" homosexuality regarding youth members of the Boy Scouts. 18 May 2013

A Special Counsel No-Brainer

An independent investigation by a special counsel is tailor made for the Internal Revenue Service targeting scandal. In instances like this, national leaders like the President and Attorney General of the United States must transcend politics and make restoring trust in government the paramount issue. 18 May 2013

Treasury Sec: I Knew About IRS Scandal Last Week--And Also Last Fall

In an interview with Bloomberg TV, former Obama chief of staff-turned-Treasury Secretary Jack Lew offered two conflicting yet carefully worded answers as to when he first learned that the Internal Revenue Service (IRS) had targeted Tea Party and conservative groups: he learned last week--and possibly before the 2012 election. 17 May 2013

Congress Pounds IRS on Whether Multiple Agencies Involved in IRS Scandal

Within days of Breitbart News revealing the intrusive actions of multiple federal agencies towards Catherine Engelbrecht and her True the Vote organization, the House Ways and Means Committee pounded the IRS with questions about other agencies’ possible involvement in harassing True the Vote as a result of their application for tax-exempt status. 17 May 2013

IRS Scandal Warrants Independent Special Counsel

When you get right down to it, the political targeting and stalling of tax-exempt applications by the IRS was an effort to defund the Tea Party. Rick Santelli, one of the Tea Party founders and my CNBC colleague, was the first to make this point. I’ve taken it a step further: The IRS was taking the Tea Party out of play for the 2012 election, as it looked to avoid a repeat of 2010 and another Tea Party landslide. 17 May 2013

Applications for Tax-Exempt Status Were Down When IRS Began Targeting Tea Party

In House testimony Friday, former Acting IRS Commissioner Steven Miller explained that the IRS mistakes in handling applications for non-profit status from tea party groups were due, in large part, to a flood of applications following the Citizens United decision. Miller said the targeting was a botched attempt to centralize the process to account for the increased workload. There were fewer applications in 2010, when the IRS began targeting conservative groups, than the year before, however. 17 May 2013

Rahm Shifting City Workers to Obamacare, Gets Pushback

Chicago- Mayor Rahm Emanuel has announced he will begin cutting healthcare benefits to retired city workers over the next three years, displacing the cost burden from the city budget onto federal taxpayers. Funny, however, in the city that eats, sleeps and breathes its support for President Obama and his takeover of their healthcare, Rahm is curiously getting pushback to the cuts in city provided coverage. 17 May 2013

IRS Asked Pro-Life Group to Explain 'Prayer Meetings'

The inappropriate questions from the Obama IRS to conservative non-profits began earlier than previously reported, according to Iowa-based pro-life group Coalition for Life of Iowa. On June 22, 2009, the IRS sent a letter to the group requesting examples of how the group prayed at meetings. 17 May 2013

Flashback: IRS Official Stressed 'Tax Law Must Be Applied Consistently'

In 2009, Sarah Hull Ingram, the attorney who served as IRS commissioner of the office responsible for determining tax-exempt status when the unit targeted conservative groups, said that a step her division was taking in the direction of “good governance” was emphasizing “the importance of transparency and accountability in maintaining the public’s confidence in the integrity of individual organizations and of the tax-exempt sector as a whole.” 17 May 2013

Every Member Of Koch / Buzzfeed Immigration Panel Favors Amnesty

The BuzzFeed/Koch panel highlights the real lack of diversity in what should be a national dialogue on a crucial issue. Anyone following the immigration debate should be concerned that the public is even seeing the full range of proposals out there but instead are being spoon fed a select few options, all of which seem to take granting citizenship for granted. 17 May 2013

Acting IRS Commissioner Admits Planting Question to Spin Scandal

Last week, senior IRS official Lois Lerner was speaking at the American Bar Association conference in Washington, D.C. when she was seemingly-spontaneously asked a question about IRS discrimination against conservatives. She then admitted that the IRS had “used names like Tea Party or Patriots and they selected cases simply because the applications had those names in the title.” 17 May 2013

Former Obama Car Czar Defends 'IRS Mess'

Even as Reps. Mike Kelly (R-PA) and Jim Renacci (R-OH) requested that Treasury Secretary Jack Lew demonstrate that there was no partisanship in the administration’s decisionmaking with regard to shutting down General Motors dealerships in 2009, former Obama car czar Steven Rattner has come to the full-throated defense of the Obama Internal Revenue Service’s discriminatory profiling of conservative groups. 17 May 2013

Outgoing IRS Boss: We Did Not Target Progressive Groups

Steven Miller, the outgoing acting IRS Commissioner, conceded on Friday that the IRS did not have a streamlined process to target tax-exempt applications from groups that had words like "progressive" or "organizing" in their names, in contrast to how the agency targeted conservative groups that had the words "Tea Party" or "patriots" in their names. 17 May 2013

Baucus: 'A Lot More Coming Out' on IRS Scandal

Sen. Max Baucus, Chair of the Senate Finance Committee said on Friday that he expects "a lot more" information about the growing political scandal at the IRS to come out over the coming days. The powerful Democrat, who is retiring at the end of next year, is holding a hearing on the scandal on Tuesday. Baucus warns that the crisis at the IRS is "broader than the current focus." 17 May 2013

Ousted IRS Chief: 'Not an Act of Partisanship'

The ousted head of the Internal Revenue Service apologized to Congress on Friday for his agency's tougher treatment of tea party and other conservative groups seeking tax-exempt status. He said they resulted from a misguided effort to handle a flood of applications, not political bias. 17 May 2013

Calls Increase to Fire Ingram, Former Head of IRS Office Targeting Conservatives

On Friday, two prominent conservatives called on the Obama Administration to fire Sarah Hall Ingram, a senior IRS official who formerly headed the IRS office that targeted tea party and conservative organizations. Last year, Ingram was promoted at the IRS and now leads the agency's implementation of ObamaCare. Brent Bozell, with ForAmerica and Tea Party Patriots' Jenny Beth Martin say the public can't trust Ingram to implement the expansive law fairly. 17 May 2013

Miller: IRS Provided 'Horrible Customer Service'

Under tough questioning from OH Rep. Pat Tiberi, former Acting IRS Commissioner Steven Miller said at Friday's House hearing on the IRS scandal that the agency provided "horrible customer service." The statement was in response to questions from Tiberi about specific and intrusive information requests for OH based tea parties. To most Americans, it was not "customer service" that broke down at the agency, but an allegedly politically motivated targeting of groups based on their views. 17 May 2013

Rush Limbaugh Does Live in Obama's Head

On May 14 after news broke that President Obama had once again attacked talk radio host Rush Limbaugh by name, El Rusbo joked that he was "living rent-free in Obama's head." It's hard to fault Limbaugh's logic on this. After all, the President of the United States of America has used his bully pulpit to bully Rush nearly a dozen times since he became President. 17 May 2013

Poll: 57% of Voters Want IRS Offenders Jailed or Fired

A Rasmussen poll finds that 57% of voters think the IRS targeting of tea party and conservative organizations is politically motivated. Not surprisingly, the same number believe those involved should be jailed or fired. Only 16% of voters believe the targeting was coincidental. 17 May 2013

Clinton WH Counsel Calls for Obama Counsel to Resign

Former White House Counsel during the Clinton Administration, Lanny Davis, is calling for the resignation of Obama White House Counsel Kathryn Ruemmler. "I've no doubt she is an outstanding lawyer. But you've gotta be more than a lawyer in that job, and with all due respect, I think she made the wrong judgment. This is the wrong job for her." 17 May 2013

A Breach of Trust

As tax collector for the nation’s second-largest state, I know it’s a necessary function — from the fire station to the space station, nothing government does is possible without taxes. But it’s sure no path to popularity. That’s why it’s so infuriating to learn that this administration has breached that trust so profoundly, by persecuting groups explicitly for their politics. 17 May 2013

Ryan to IRS: 'How Can We Not Conclude that You Misled this Committee?'

Former Internal Revenue Service (IRS) Acting Commissioner Steven Miller, who only took over in November and resigned this week at President Barack Obama's behest, testifies Friday before the House Ways and Means Committee Friday on his role in targeting Tea Party and conservative groups for audit or excessive review. 17 May 2013

Counsel for State GOP Has Conflict of Interest in VA Lt. Gov. Race

The Republican Party of Virginia is holding a primary convention on Saturday that it has assured the public will be fair to all the candidates vying for the party’s nomination for Governor, Lieutenant Governor, and Attorney General. But the party’s General Counsel, Lee E. Goodman, also serves as counsel to a mysterious group, Virginians for Limited Government (VLG), that recently sent out $46,000 in direct mailers in support of one the seven candidates for the Republican nomination for Lieutenant Governor, Corey Stewart. 17 May 2013

How the Tea Party Saved America's Economy

Beginning in early 2011, the U.S. and Europe diverged sharply, with the U.S. continuing to recover slowly and the Euro zone falling back into a decline. The timing of the split is no coincidence. Early 2011 is when the Tea Party-backed Republican majority officially took the House of Representatives, imposing a modicum of discipline on Washington that created much-needed economic stability. 17 May 2013

Obama Appointed IRS Union President to Group in Charge of Federal Raises in 2010

The week after Republicans’ historic 2010 midterm election landslide, President Barack Obama appointed the union president that represents “tens of thousands in the IRS,” Colleen Kelley, to a key Administration post. Two years later, that union, the National Treasury Employees Union (NTEU), contributed $580,412 to federal candidates—94% of which were Democrats. 17 May 2013

Congressmen: Were Conservative Car Dealers Targeted for GM Closures?

Two Congressmen are asking the Treasury Department if it inappropriately scrutinized conservative-owned businesses the same way it targeted Tea Party groups filing for tax-exempt status. Republicans Mike Kelly and Jim Renacci circulated a letter Thursday requesting Treasury Secretary Jack Lew to release documents detailing the process and methodology the Automotive Task Force used to shut down General Motors dealerships in 2009 during the automotive industry crisis. 17 May 2013

Head of IRS Tax-Exempt Office Got Bonuses While Employees Targeted Conservatives

Sarah Hall Ingram, the IRS bureaucrat who oversaw the division that targeted tea party and conservative organizations received over $100,000 in bonuses during her tenure. Her biggest bonuses came in the years that the IRS stopped approving for non-profit status groups that had "tea party" in their name. She also received a big promotion last year. How did she merit such bonuses and promotion? 16 May 2013

Federal Oversight of LAPD Officially Ends

A judge has officially ended more than a decade of federal oversight of the Los Angeles Police Department that was triggered by a corruption scandal involving abusive officers. 16 May 2013

Authorities: Arson Not Ruled Out in Texas Blast

Investigators narrowed the number of possible causes to three: a problem with one of the plant's electrical systems, a battery-powered golf cart, and a criminal act. They ruled out a wide number of others, from a rail car on site loaded with fertilizer to someone smoking. 16 May 2013

Scandal-Plagued IRS Building Massive National Database of Americans

As the IRS is engulfed in scandal following its admission that it targeted tea party and other conservative organizations, the agency is preparing to assume vast new powers over Americans. The agency is tasked with verifying that individuals and businesses are complying with ObamaCare. In preparation, the agency is creating the largest, most centralized national database on all Americans. Worse, the woman who oversaw the agency's targeting of conservative organizations will be in charge of this database. 16 May 2013

House Holds 37th Vote to Repeal Obamacare

Only months away from the rollout of coverage for uninsured Americans, it was the 37th attempt in a little more than two years by House Republicans to eliminate, defund or partly scale back the Affordable Care Act. The Democratic-led Senate and the president will simply ignore the House action, which came on a virtual party line vote, 229-195. 16 May 2013

Report: Obama to Name White House Staffer to Head IRS

According to Politico, President Obama is expected to name White House staffer Daniel Werfer as the new acting IRS Commissioner. Werfer has been controller of the White House Office of Management and Budget since 2009. The appointment will likely fuel the political fire surrounding the IRS. 16 May 2013

Rubio Blames Obama's 'Culture of Intimidation' for IRS Scandal

“This is not in isolation. This is a string of events where you see an administration and federal government under this administration that’s willing to use its power to muscle and to hardball people who don’t agree with them,. And now it appears to include The Associated Press. There’s a problem here. One thing is politics as you’ve outlined and another thing is full time, 24/7, 365-day-a-year political effort where everything is about politics. Everything is about destroying your opponent, and everything is about dividing the American people for your electoral gain.” 16 May 2013

Congressman to Holder: 'Throw the President under the Bus'

In an exclusive interview with Breitbart News, Rep. Paul Gosar (R-AZ) unloaded on Attorney General Eric Holder, offering up the possibility that the nation’s top law enforcement official may turn on President Barack Obama and shed light on one or several of the many scandals facing the White House. 16 May 2013

Bachmann: IRS Head's Resignation Merely Damage Control by White House

At Thursday morning’s Tea Party press conference addressing the IRS targeting scandal, Rep. Michele Bachmann (R-MN) said President Barack Obama’s and Treasury Secretary Jack Lew’s decision to ask for acting IRS commissioner Steven Miller’s resignation was not presented honestly to the American people. 16 May 2013

Tea Party Groups Blast IRS Abuse at Bachmann Presser

Tea Party Patriots, TheTeaParty.net, FreedomWorks, and the Tea Party Express joined local Tea Party leaders at a press conference organized by Rep. Michele Bachmann (R-MN) on Thursday morning to express outrage at the government for the intentional targeting of conservative groups by the IRS. 16 May 2013

Obama on IRS Scandal: 'I Certainly Did Not Know Anything'

On Thursday, President Barack Obama held a joint press conference with Turkish Prime Minister Recep Tayyip Erdogan and answered one reporter’s questions about the widening scandal involving the Internal Revenue Service’s (IRS) targeting of nearly 500 conservative groups over the 2010 and 2012 election cycles. 16 May 2013

GOP Files Bills Limiting IRS Oversight of ObamaCare

In the wake of IRS admission that it targeted tea party and conservative organizations, Republican lawmakers have introduced legislation to block the agency from implementing ObamaCare. Under current law, the IRS is tasked with collecting billions in new taxes, designing rules for subsidies and tax credits and enforcing the individual mandate. The new legislation would block what one member described as IRS "bullying." 16 May 2013

Md. Governor Signs Tougher Gun-Control Bill

Gov. Martin O'Malley has signed a gun-control measure to give Maryland some of the nation's tightest gun laws and the National Rifle Association says it plans to challenge the law in court. 16 May 2013

IRS Scandal a Taste of Things to Come Under Obamacare

As news continues to emerge regarding the way the IRS targeted and intimidated groups and individuals who spoke out against Obama on political issues, it's important to remember that once Obamacare is fully implemented the IRS will be able to play the bully on an even larger scale. 16 May 2013

Obama Calls in Marines

Though the Turkish PM declined Obama's offer of an umbrella, Obama lost that particular game of chicken as he answered a question about the IRS from a Bloomberg reporter. The rain picked up and mid-answer the president finally blinked and asked two nearby Marines to hold umbrellas over himself and his guest. 16 May 2013

IRS Targeted Conservative Hispanic Outreach Group

The IRS’s targeting of Tea Party groups went even further than has been revealed. A conservative Hispanic outreach group that educates Spanish-speaking and English-speaking Hispanic communities on the US Constitution was also targeted after applying for 501(c3) status, according to the group’s founder and president, Adryana Boyne. 16 May 2013

Eric Holder Has No Answers for Congress on AP Scandal

On Wednesday, Attorney General Eric Holder testified in front of the House Judiciary Committee about the recent scandals plaguing the Obama administration. Unfortunately, the Committee and America did not learn very much because Holder apparently does not know much about what happens in Washington, D.C. 16 May 2013

IRS Rejected Group on Behalf of Planned Parenthood

The IRS scandal of targeting tea party or conservative organizations grew deeper Wednesday with the revelation that the agency denied tax-exempt status to a pro-life organization because of its hypothetical opposition to Planned Parenthood. The Thomas Moore Society, a public interest law firm announced that one of their clients was told that their approval as a non-profit was conditioned on a commitment not to protest outside Planned Parenthood abortion clinics. 16 May 2013

US Jobless Claims Jump to Highest Level in 6 Weeks

The number of Americans seeking unemployment aid rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. The jump comes after applications fell to a five-year low. 16 May 2013

Benghazi Dump: Teleconference Transcript Missing

"Nor do the emails provide a record of the secure video teleconference from September 15 in which the final decisions were ultimately made on what the final version of the talking points would look like. Senior government officials such as the State Department’s director for policy planning, Jake Sullivan, participated in the teleconference." 16 May 2013

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When it comes to the world of investment, the American model of corporate governance is decidedly monarchist in nature. Corporate chieftains behave like kings, with little accountability to the owners of the business – the shareholders. The debate over whether JP Morgan Chairman & CEO Jamie Dimon should carry both titles is a case in point. Most public companies combine the role of chairman and chief executive, but my view is that this is a terrible mistake.

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