(AP) Stocks gain as Greek nears a deal on debt swapBy EILEEN AJ CONNELLYAP Business WriterNEW YORKThe stock market posted substantial gains Thursday as Greece closed in on a deal to restructure its debt and avoid a default. That overshadowed
Recently I wrote the sentence, “There was a vigorous anti-war movement that turned the [German] public against [World War I], and finally Germany was forced to capitulate — not because they were defeated on the battlefield, but because they were
Sometimes, something is so obvious even the left has to admit it. US companies have long suffered under one the highest corporate income tax rates in the world. In April the disparity will get worse, as Japan is set to
On February 9th, the Department of Defense announced incremental steps to implement a report advocating doctrinaire “diversity” in the military. Central to this campaign, which briefers described as “just the beginning, not the end,” are plans to order female soldiers
As usual, the left is wondering whether corporations pay their “fair share.” This time, it seems they may have a point. As Timemagazine reported yesterday, a recent Wall Street Journal study of Congressional Budget Office statistics showed that American corporations paid an effective tax rate
TOKYO (AP) – Japan’s Cabinet approved bills Tuesday aimed at bolstering nuclear safety regulations following last year’s Fukushima disaster, including one that would put a 40-year cap on the operational life of nuclear reactors. The approval came as a team
During an exchange with a Senatorial Aide, I received from him the link to a piece written by a Colonel Tony Pfaff, USA. The piece is entitled, ‘RISK, MILITARY ETHICS AND IRREGULAR WARFARE’. In this piece the Colonel details the
I’ve already bragged that the Cato Institute is America’s best think tank, highlighting the fact that we took the lead in battling against Obama’s faux stimulus at a time when many were dispirited and reluctant to fight big government. I’m
I’ve already bragged that the Cato Institute is America’s best think tank, highlighting the fact that we took the lead in battling against Obama’s faux stimulus at a time when many were dispirited and reluctant to fight big government. I’m
On March 11, 2011, a major earthquake off the coast of Japan triggered a tsunami that, in addition to killing more than 15,000 people, contributed to the disaster at the Fukushima Daini Nuclear Power Plant — the worst nuclear disaster
Today, on Fox News Channel’s The Five, liberal panelist Bob Beckel praised President Barack Obama’s efforts at job creation: “One good sign of the economy is there are more manufacturing jobs created in the last two years than the last
As President Barack Obama prepares for his State of the Union address in Congress, where he will no doubt claim credit for signs of economic recovery, new analyses by economists suggest that growth will slow and unemployment will remain virtually
In a recent column for the Wall Street Journal, I explained why Mitt Romney’s interest in a value-added tax is deeply troubling. One of my key points was that the VAT is a money machine for big government. But don’t
With the citizens of the Europe and America groaning at the thought of spending the rest of their lives as debt-slaves to pay for failed government stimulus spending, it is understandable that the Left elites are now trying to rewrite
2011 saw some world pillars toppling down. Dictators have fallen in the Arab world as people were hoping for a better future. Prime Ministers have fallen in Europe as its currency plunged into crisis. An earthquake and tsunami pummeled Japan,
[audio: http://www.coffeeandmarkets.com/CoffeeandMarkets121611.mp3] Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss how MF Global went bankrupt, why the CPI is an inaccurate reflection
The idea behind “Tora! Tora! Tora!” (1970) was for 20th Century Fox to create a companion piece to “The Longest Day” (1962) that would also reproduce that big-budget, all-star, WWII extravaganza’s success — a success that had pretty much saved
It looks as if the Obama Administration has a major “green” problem. The firm responsible for Solyndra, RockPort Capital, and several other major companies directly connected to the Obama Administration have received in excess of $4 billion in government assistance.
In a stunning worldwide move, the U.S. Federal Reserve in coordination with the European Central Bank, Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Swiss National Bank and China’s Monetary Authority agreed to temporarily “dollarize” the
From the The Telegraph (UK): The Bank of England and central banks in the United States, eurozone, Japan, Switzerland and Canada have launched co-ordinated global action to ease a growing credit crisis among eurozone banks. “The purpose of these actions
The importance of strategic metals to the U.S. economy came into sharp focus last November when China cut off Japan’s rare earth metals supply over a territorial dispute and Japan immediately backed down. Since then, Americans have learned that the
When Ronald Reagan was elected the 40th President of the United States the competition between nation states was defined along the political terms of communism, democracy, and fascism. But Reagan sought to redefine nation state competition in terms of the
In 1954, on the anniversary of the ending of World War I, President Dwight D. Eisenhower proclaimed November 11, Veteran’s Day, so that we would pay special tribute to our military heroes. As we take time this year to honor
With the 2008 “Credit Crisis” bursting the global housing bubble; the United States led and the world followed with the massive amounts of government spending and money-printing stimulus promoted by “Keynesian” economists. To stem the crashes in prices on stock
The headline in today’s ClimateWire (subscription required) blares “U.N. says turning lights on for world’s poor need not boost CO2.” That is, we can provide electricity to 1.5 billion people who have never flipped a light switch and not see
