This morning’s key headlines from GenerationalDynamics.com: ECB announces huge new unlimited bailout program Stocks returning to height of 2007 bubble levels Hungary rejects IMF/EU’s austerity demands for a bailout 60 migrants drown in smuggling attempt from Turkey to Greece ECB
By CHRISTOPHER TORCHIAAssociated PressISTANBULSome 58 people drowned when a fishing boat carrying migrants that smugglers had promised refuge in Europe sank after hitting rocks off the coast of western Turkey, officials said Thursday. Nine children were among the dead, according
Conservative talk radio icon Dennis Prager had a jar of peanut butter confiscated by the U.S. Secret Service on his way into the Republican National Convention this morning, according to eyewitnesses on the scene. Prager apparently attracted the attention of
By KARIN LAUBAssociated PressRAFAH, Gaza StripBusiness is down because of an Egyptian security clampdown, but smuggling tunnels under the Gaza-Egypt border keep operating under the supervision of Gaza’s Hamas rulers. The militant Hamas had hoped the Islamists who took charge
At last month’s annual conference of the American Legislative Exchange Council (ALEC), a bipartisan group of legislators “amended a model resolution in opposition to federal efforts to enhance global tax enforcement,” write Americans for Tax Reform’s Grover Norquist and Patrick Gleason
(AP) Egypt airstrikes target militants in SinaiBy AYA BATRAWYAssociated PressEL-ARISH, EgyptHelicopters carried out missile strikes against Islamic militants in Egypt’s first airstrikes in the Sinai Peninsula since 1973, as the military said Wednesday it was launching an offensive to “restore
In the wake of its recent hike in the cigarette tax rate, Illinois is encountering fresh problems with cigarette smuggling that could wipe out any possible benefit from the $1 per pack increase. When Illinois Gov. Pat Quinn signed a
As I’ve written before, one of the central goals of Fast & Furious was to create enough chaos on our southern border to persuade Americans to embrace more gun control. To that end, the DOJ and ATF allowed guns purchased
Mexico’s presidential election is over, and the early results reveal that the winner is Enrique Pena Nieto, the leader of the Institutional Revolutionary Party, which ruled Mexico for 71 years until 2000. Pena Nieto received 38 percent of the vote,
By ARMANDO MONTANOAssociated PressMEXICO CITYTwo federal police officers suspected of working for drug traffickers opened fire on fellow officers in a crowded food court at Mexico City’s international airport on Monday, killing three policemen as panicked witnesses dove for cover.
As Illinois faces a $2.7 billion hole in its Medicaid budget, the AP reports that legislators have voted to cut benefits in an effort to bring program costs under control: Rep. Sara Feigenholtz, D-Chicago, said the Medicaid program will fall apart without
By IBRAHIM BARZAKAssociated PressGAZA CITY, Gaza StripRelatives of a slain Hamas operative seek to block the release of a movie being made in Israel about his 2010 assassination in a Dubai luxury hotel, a family member said Sunday. The killing
I know, I know. I haven’t kept up with the James Bond series I started last year for Big Hollywood. I had to take a hiatus because I just couldn’t face the Horrendous Trifecta listed below and lose six hours
By PORFIRIO IBARRA RAMIREZAssociated PressMONTERREY, MexicoForty-nine decapitated and mutilated bodies were found Sunday dumped on a highway connecting the northern Mexican metropolis of Monterrey to the U.S. border in what appears to be the latest blow in an escalating war
On May 1st, at Union Sqare in New York, the organizers of Occupy had set up a stage for their invited speakers to address the assembled gaggle of malcontents and totalitarians known as “Occupy”. I saw the flags of Red
The northern Mexican border city of Nuevo Laredo saw a brutal day of gang violence, with 14 headless bodies found stuffed in a vehicle and nine bodies found hanging from a bridge.The gruesome crimes came less than two months before
Powerful Iraqi Shiite cleric Moqtada al-Sadr arrived in Iraq’s autonomous Kurdistan region on Thursday in what his spokesman said was a bid to resolve a crisis between the region and Baghdad. Sadr arrived at Arbil airport on a private plane
Illinois Gov. Pat Quinn last year signed into law massive increases in personal and corporate income tax rates. However, that hasn’t kept Quinn’s state from facing ongoing budget holes caused by high spending. Medicaid is costing the Land of Lincoln
A Nigerian woman was arrested at an airport outside Washington after ingesting nearly five pounds (over two kilograms) of heroin pellets, in what US officials called the biggest bust of its kind. US Customs and Border Protection officers first grew
(AP) Israeli airstrike kills militant commander in GazaBy IBRAHIM BARZAKAssociated PressGAZA CITY, Gaza StripAn Israeli airstrike in Gaza on Friday killed the commander of the militant group behind the abduction of Gilad Schalit, an Israeli soldier who was held captive
America and Iran have been involved in a covert war for many years over Iran’s efforts to geopolitically dominate the Middle East. Fearing the political and financial costs of sustaining protracted military actions against Iran, the Obama Administration has cranked
While Attorney General Eric Holder continues to “stonewall,” as Congressman Issa (R-CA) describes it, and make excuses concerning Operation Fast and Furious, the Mexican Government is making arrests. According to the LA Times, over the weekend Mexican authorities arrested Jose Antonia Torres Marrufo,
Before Mitt Romney further commits to raising the minimum wage, he should take a trip back in time and across the ocean to witness what it can do to a society. David R. Henderson, “formerly a senior economist on President
BOX OFFICE ANALYSIS According to Box Office Mojo, this weekend’s box office is up 26% over last year, which is great news. 1. Underworld Awakening: $25.4m — No one’s ever accused me of being too highbrow to enjoy vampire/werewolf flicks,
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
