Cranking their class warfare up to eleven, House Democrats submitted a “windfall tax” bill on Wednesday that would increase taxes on some oil and natural gas company revenues to 100%. As The Hill reported: According to the bill, a windfall
Another attack by an Afghan service member has killed four French troops and wounded 16. Reuters photo This brings my admittedly informal tally of the grim toll to 52 Western personnel killed by Afghan security forces in the past 26
From Reuters: Pakistan Foreign Minister Hina Rabbani Khar Pakistan’s ties with the United States remain on hold following a NATO cross-border air attack, its foreign minister said on Thursday, and Washington should not push Islamabad to go after militant groups
(Reuters) – Solyndra LLC failed to attract any bids on Tuesday from buyers who could have restarted production, brought back some laid off staff and kept the bankrupt solar panel maker operating, according to a company adviser. Solyndra, which owes
Reuters: A government watchdog group is suing the Department of Defense and the Central Intelligence Agency, claiming the agencies are refusing to release details of their alleged meetings and communications with director Kathryn Bigelow and writer Mark Boal. It has
French President Sarkozy says the latest S&P downgrade of France’s prized triple-A rating will not affect economic reform. “It’s not the ratings agencies that should define the economic policies,” he asserted at a press conference in Spain.
The first sign of trouble surrounding a number of evangelical Christians backing Rick Santorum came via a blog post on the weekend. An attendee claimed it was done assuming Romney would get the nomination, but provided an opportunity for the
This morning’s key headlines from GenerationalDynamics.com. Pakistan Taliban leader reportedly killed by U.S. drone attack Terrorist bomb kills 18 people in Punjab province, Pakistan U.S.-Israel tensions grow over military action in Iran U.S. Joint Chiefs chairman headed to Israel to
Just as Gov. Mitt Romney seems to be closing in on a win in the Republican primary, he seems to have adopted what Steve Benen calls a losing argument for the general election: “Two weeks into 2012, Romney has a
(Reuters) – Standard & Poor’s downgraded the credit ratings of nine euro- zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday the 13th for the troubled single currency area.
(Reuters) – A federal judge in Virginia on Friday refused to order that candidates Rick Perry, Newt Gingrich and Jon Huntsman be added to the ballot in the state’s March 6 Republican presidential primary election after they failed to qualify.
[audio: http://www.coffeeandmarkets.com/CoffeeandMarkets011312.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 the slow growth stagnant economy and a nearly nonexistent market for electric
If there was any doubt about the seriousness of the situation in Iran, that doubt should be dispelled by the news that the Iranians have begun to enrich uranium at their Fordow Nuclear Plant. These will do… According to Reuters,
Defying the Obama administration’s emphasis on defense cuts, Sen. Susan Collins (R-ME) urged the U.S. Navy to build more large warships today, saying that they are necessary to maintaining American defenses against new threats. Building too few large ships, at
By Rebekah Rast When you add together a $13 billion budget deficit, a business climate ranked No. 48 out of 50 and a place where one of four U.S. welfare recipients calls home, you get the State of California. Once
The Obama Administration’s plans to “refocus” attention on the Asia Pacific region has the Chinese military responding with a warning. The Ministry of Defense said that the United States needs to be “careful in its words and actions” as it
(Reuters) – The knives will come out at back-to-back debates this weekend as Republican presidential hopefuls frantically jockey for position days before New Hampshire’s key primary. Debates are once again the main show in the 2012 race after candidates spent
On January 19th 1991, during the first Gulf War, the United States sent Patriot Missiles and a contingent of U.S. service members into Israel on temporary assignment. This was the least we could have done for Israel, as they vowed
A must-read courtesy of James Pethokoukis at The American: This could be just the beginning. If President Barack Obama’s legally dodgy appointment of Richard Cordray to head the consumer finance agency should stick, it may open the door to more
(Reuters) – President Barack Obama plans to use a recess appointment to install Richard Cordray as head of the country’s new consumer financial protection watchdog, sidestepping Republican congressional opposition to his pick. “Today in Ohio, President Obama will announce the
Reuters reported earlier this morning that Iran will take action against the United States if one of our own aircraft carriers moves into the Strait of Hormuz. The U.S. Navy’s 5th Fleet has made home in the tiny state of
(Reuters) – A young man dressed as “Father Frost” – the Russian equivalent of Father Christmas – was stabbed to death in Tajikistan on Monday in an attack police believe was motivated by religious hatred, two police sources said. A
This morning’s key headlines from GenerationalDynamics.com. No birthday party for 10th anniversary of euro currency Syria’s regime makes fools of the Arab League Israelis and Palestinians to resume non-negotiation negotiations Palestinians plan to put Israel under ‘international siege’ Chinese shoppers
Andy McCarthy today points to a terrifying story from the Indian newspaper The Hindu, reporting that the Obama administration has tapped informal Muslim Brotherhood spiritual leader Yusef al-Qaradawi, the world’s most famous Sunni shariah jurist and thinker, to facilitate negotiations
From Reuters: Iran will fire long-range missiles during a naval drill in the Gulf on Saturday, a semi-official news agency reported, a show of force at a time when Iran has threatened to close shipping lanes if the West imposes
