Earlier this evening Reuters reported, as per Senator Jon Kyl, that Republicans had agreed to a compromise on tax hikes: They also published an account on their website. They were wrong. Kyle specifically detailed how the revenue would come from
by Retracto, The Correction Alpaca6 Jul 2011, 5:05 PM PST0
Denmark began on Tuesday to station 50 new customs agents on the country’s borders with Germany and Sweden, to implement the new “permanent border control” law that the parliament had passed on Friday by a single vote (90 to 89).
by John J. Xenakis6 Jul 2011, 5:01 PM PST0
Senator Jon Kyl’s office has been slammed since Reuters Tweeted this less than an hour ago: Myself and other conservatives reTweeted this and voiced disdain for the reported compromise. We were in disbelief that the GOP would cave with zero
by Dana Loesch6 Jul 2011, 4:10 PM PST0
Read more from Dana Loesch at Big Journalism. Earlier this afternoon Reuters reported: “Republicans have agreed to $150 billion to $200 billion in increased tax revenues as part of budget talks, says Senator Kyl” A look at the Senator’s actual
by Breitbart TV6 Jul 2011, 4:05 PM PST0
Standard & Poor’s rating service on Monday said that the bailout proposal by French banks (the so-called ‘French Model’) would prompt a “selective default” rating on Greek debt, according to Bloomberg, effectively sinking the plan. (We’re not talking about the
by John J. Xenakis5 Jul 2011, 5:59 PM PST0
This morning’s key headlines from GenerationalDynamics.com. Hugo Chavez makes triumphant return to Venezuela Chavez hugs his daughters on the balcony of Maraflores Pales in Caracas, July 4, 2011 (Reuters) Well, apparently he fooled everyone. When Hugo Chávez gave his televised
by John J. Xenakis5 Jul 2011, 3:26 AM PST0
There were two key proposals made on Tuesday, as the Greece debt crisis worsens every day, and EU officials remain paralyzed. Wen Jiabao and Angela Merkel on Tuesday (Xinhua) During a 5-day tour of Europe, China’s Premier Wen Jiaboa met
by John J. Xenakis29 Jun 2011, 12:58 PM PST0
The analysts are holding their breath, waiting for Greece’s Parliament to vote on more austerity measures later this week. The austerity measures include higher taxes, lower benefits, sales of assets, and privatizations of public companies. According to one analyst I
by John J. Xenakis28 Jun 2011, 1:21 PM PST0
[audio: http://newledger.com/podcasts/CoffeeandMarkets062711.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 talk about the latest consumer spending and savings numbers that came out this
by The New Ledger27 Jun 2011, 3:01 PM PST0
Reuters recently reported on Senator John McCain (R-AZ) appearing on an edition of ABC’s This Week during which Senator McCain issued his thoughts on what former President Ronald Reagan would think of the current Republican candidates for the 2012 presidential
by Paul Hair27 Jun 2011, 11:27 AM PST0
From Foreign Policy: The top U.S. admiral involved in the Libya war admitted to a U.S. congressman that NATO forces are trying to kill Libyan leader Muammar al-Qaddafi. The same admiral also said he anticipated the need for ground troops
by El Cid26 Jun 2011, 9:51 PM PST0
[audio: http://newledger.com/podcasts/CoffeeandMarkets062411.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 Congressional Budget Office’s scathing report on the debt, Ben Bernanke and
by The New Ledger24 Jun 2011, 9:24 AM PST0
From Reuters: Lebanon’s Hezbollah is preparing for a possible war with Israel to relieve perceived Western pressure to topple Syrian PresidentBashar Assad, its guardian ally, sources close to the movement say. The radical Shi’ite group is watching the unrest in
by Sun Tzu22 Jun 2011, 8:27 PM PST0
General Motors (GM) continues apace its government-backed conversion from a company existing to manufacture automobiles for money – into a fully-formed, Leftist ideological entity working as another wing of the Barack Obama Administration’s fundamental transformation of America. A de facto
by Seton Motley21 Jun 2011, 6:02 AM PST0
Syria is moving tanks and soldiers into villages near the border to Turkey, in order to stop the flow of Syrian refugees into Turkey, according to AP. A Turkish woman talks to a relative, a Syrian refugee, through a fence
by John J. Xenakis20 Jun 2011, 11:25 AM PST0
To justify our military involvement in Libya, Obama applied a completely prefabricated doctrine – Right to Protect (“R2P”) – with no legal status that was dreamed up in the leftist hothouses of academia. Then he skirted Congress and quickly passed
by Dan Friedman20 Jun 2011, 8:21 AM PST0
This morning’s key headlines from GenerationalDynamics.com. Union members march through Athens and protest austerity measures Communist party protesters in Athens, Saturday (AP) Several thousand pro-Communist union members marched through central Athens yesterday to protest the government’s latest austerity measures and
by John J. Xenakis19 Jun 2011, 5:29 AM PST0
Friday was another one of those Alice in Wonderland days where all you can do is shake your head in disbelief at the absurd lengths to which desperate European politicians are going. Angela Merkel and Nicolas Sarkozy after Friday’s meeting
by John J. Xenakis18 Jun 2011, 12:54 PM PST0
A good catch by Jonah Goldberg, via the PJ Tatler. Reuters incorrectly identifies shamed former congressman Anthony Weiner as a Republican in its latest piece on the #Weinergate scandal: Reuters may be unaware, but Anthony Weiner is a Democrat. We
by Retracto, The Correction Alpaca17 Jun 2011, 9:34 AM PST0
This morning’s key headlines from GenerationalDynamics.com. Short-term bailout of Greece is now expected Greece 2 year bonds at 30% interest (Bloomberg) The yields (interest rates) on Greece’s 2 year bonds briefly exceeded 30% on Thursday, before settling down at just
by John J. Xenakis17 Jun 2011, 5:23 AM PST0
The practice of infant male circumcision is under assault, and though a proposed bill to ban circumcision in Santa Monica, California was withdrawn, the battle is far from over. Opponents of circumcision are relying on gross misstatements of scientific fact
by Laura Rubenfeld16 Jun 2011, 6:13 PM PST0
After a day of chaos, the situation is deteriorating rapidly in the streets of Athens, in the Greek parliament, and among the finance ministers in Brussels. Anti-austerity rioting in Athens on Wednesday (AP) Early on Wednesday, angry youths hurled petrol
by John J. Xenakis16 Jun 2011, 7:26 AM PST0
This morning’s key headlines from GenerationalDynamics.com. Anti-government protesters flood Yemen’s cities Female protester with Arabic words ‘The Revolution Youths’ on her hands (AP) Hundreds of thousands of Yemen protesters demonstrated in nearly every major city of the country on Tuesday,
by John J. Xenakis15 Jun 2011, 6:01 AM PST0
This morning’s key headlines from GenerationalDynamics.com. Vietnam escalates South China Sea dispute with China Anti-China protesters in front of the Chinese embassy in Hanoi (AFP) Vietnam’s navy has conducted live-fire artillery drills off the country’s central coast, in a challenge
by John J. Xenakis14 Jun 2011, 5:31 AM PST0
This morning’s key headlines from GenerationalDynamics.com. Pro-Assad crowd attacks Turkey’s embassy in Damascus Syrian refugees living in tents in refugee camp in Yayladagi, Turkey (Reuters) Some 2,000 supporters of the Assad regime in Syria ralliedon Sunday near Turkey’s embassy in
by John J. Xenakis13 Jun 2011, 7:14 AM PST0