From Reuters: The data was released Friday along with the government’s first estimate of second quarter GDP, which advanced at a meager and weaker-than-expected 1.3 percent rate Not only did the economy skirt perilously close to a contraction in the
The Obama Administration has threatened to veto the House of Representative’s “Cut, Cap and Balance” deficit reduction legislation; because it does not preserve what the President refers to as “investments that encourage economic growth”. A signature example of that Presidential
There’s no way Japan should have won the soccer World Cup in Women’s soccer in their match today against the USA in Germany. But they did. It was incredible. The American women were stronger, significantly taller (by 4″ on average)
Welcome to Big Hollywood’s monthly review of all things notable in the world of music. This is Vintage Now, released a few weeks ago, is a retro music compilation that isn’t designed to cash in on nostalgia– rather, it’s a
We were viciously criticized as naïve in April for heralding “The Death of the American Social Welfare State“. Yet the failure this weekend of the supposedly $4 trillion deficit reduction “grand compromise”; with President Obama offering to cut $100 billion
One of the more important but mainly overlooked resources related to national security are rare earth minerals. A recent discovery by a team of Japanese scientists east and west of Hawaii, and east of Tahiti in French Polynesia has brought
If Zack Snyder has shown us anything with his movies, it’s that the guy has an agenda when it comes to directing that is as follows: Make everything look really cool Other stuff This is not an attack against Snyder,
Commemorating the beginning of the Korean War on June 25, 1950, South Korean president Lee Myung-bak saluted hundreds of Korean War veterans from home and abroad and said, “I deeply bow my head and experss my respect to you who
Fed Chairman Ben Bernanke is considered the world’s leading expert on the Great Depression, and how to avoid another one. His strategies have been followed not only in the Unitied States, but also in Europe, Japan, and many other countries.
From the Associated Press: The Federal Reserve acknowledged Wednesday that the economy is growing more slowly than it expected. But it said it will complete its $600 billion Treasury bond buying program by June 30 as planned and announced no
The Man With The Golden Gun is a thoroughly entertaining and even artistic entry in the franchise that harkens back to Goldfinger, almost perfectly balancing serious espionage elements and quirky Bond traits. My Name is…. We begin as we always
Leaders of the Group of Eight most powerful nations began a summit in the northern French resort of Deauville on Thursday. A few hundred of the town’s well-heeled and largely elderly population turned out under drizzling rain to watch leaders
As the IMF gets ready to choose a successor to Dominique Strauss-Kahn, who resigned following his arrest on charges that he sexually assaulted and raped a hotel housekeeper, it would be a good thing to step back for a moment
Following up on our earlier reports here and here, this from the Associated Press: SAN DIEGO — Navy Secretary Ray Mabus on Wednesday said it was an honor to name the last of 14 Lewis and Clark-class cargo ships after
Justin Bieber met with victims of the Japan earthquake and tsunami in Tokyo on Wednesday. He wished nine students from the hardest hit areas of Iwate, Miyagi and Fukushima a brighter future and invited them to his upcoming shows in
The recent correction in the commodities markets may be providing Bernake, Geithner and their easy money acolytes with a sense of relief given the relentless run up in prices of raw materials since the announcement of QE back in 2008,
Richard Cohen is what passes for an opinion editorialist in the Washington Post — not a learned one, just a bloviating one. Cohen’s latest, “The Myth of American Exceptionalism,” is at the same time as self-loathing as it is historically
“The assassination of an unarmed human being while surrounded by his own relatives is something abhorrent. Assassinating him and sending him to the depths of the sea shows fear and insecurity, (and) turns him into a much more dangerous figure.”
Yesterday, Rep. Howard “Buck” McKeon (R-CA), Chairman of the House Armed Services Committee, delivered remarks at the Heritage Foundation reminding us that even as federal spending comes under long overdue scrutiny in Washington DC, it would be a catastrophic mistake
The South Korean military has deployed multiple rocket launcher systems on two northwestern islands that are near the maritime boundary with North Korea, according to unnamed government sources of the Korea Herald. North Korea launched an artillery attack on one
The San Mateo County Republican Lincoln Day dinner, my thoughts on foreign policy, and the appearance and ignominious retreat of a white supremacist heckler… I wish to extend my sincere thanks for the organizers, members and guests of the San
One of the many blessings of running my own accounting firm are the relationships that I build with people I would have never met otherwise. After running in the Republican primary for my congressional district last spring, I had yet
The chances of a new Israeli war with Gaza are much higher today, a day after a Kornet anti-tank missile launched from Gaza struck a school bus southen Israel, injuring the driver and critically injuring a 16 year old boy.
Just as the discussion in Washington turns inescapably to reckless spending of the sort that earned Spain the title ‘The Next Greece‘, President Obama goes to Pennsylvania today for an ‘energy town hall’ to promote policies he used to regularly
Soul Surfer These days, it seems everyone wants to be famous – and the younger the person, the more attention-obsessed they seem to be. But what if you garnered international attention because a shark literally bit off your arm? That
