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Tag: WSJ

GAO Report Questions if Obamacare Will Be Implemented in Time

GAO Report Questions if Obamacare Will Be Implemented in Time

With Obamacare’s grand opening less than six months away, the Government Accountability Office (GAO) reported on Wednesday that the government has already blown numerous deadlines for setting up the health exchanges that are to provide insurance for nine million people.

Obama: Bernanke Has 'Stayed A Lot Longer Than He Wanted'

Obama: Bernanke Has 'Stayed A Lot Longer Than He Wanted'

In a Monday interview with Charlie Rose, President Barack Obama said FederalReserve Chairman Ben Bernanke has “already stayed a lot longer than he wantedor he was supposed to.” Rose asked Obama if he would consider reappointing Bernanke. Obama dodgedthe question.

Libor Criminal Charges Imminent

Libor Criminal Charges Imminent

British prosecutors are expected to file criminal charges against UBS AG and Citigroup trader Tom Hayes for allegedly attempting to rig the all-important Libor (London Interbank Offered Rate), reports the Wall Street Journal. The Libor is a benchmark interest rate

Meese: Rove 'Way Off the Mark' on 1986 Amnesty

Meese: Rove 'Way Off the Mark' on 1986 Amnesty

Last week, GOP pundit Karl Rove wrote in The Wall Street Journal in support of the current Senate immigration bill, arguing it was much tougher on illegal immigrants than the 1986 law that granted amnesty to the three million illegals.

U.S. Oil Production Sees Largest Increase in History

U.S. Oil Production Sees Largest Increase in History

In a development likely to enrage President Barack Obama’s environmental supporters, last year U.S. crude-oil production experienced the largest increase in U.S. history and the largest jump of any country on the planet. Spurred on by fracking and the shale

Mukasey Misses the Mark on Defense of Nationwide Surveillance

Michael Mukasey, former US Attorney General, has written an op-ed in the Wall Street Journal today, defending the government’s nationwide surveillance operation.  Mukasey describes concern over the surveillance as “misdirected” and throws in a reference to Orwell’s 1984 for good

Obama's 2010 Comments Targeted Conservative Groups

Obama's 2010 Comments Targeted Conservative Groups

On Thursday, Wall Street Journal writer Kimberley A. Strassel cataloged a series of 2010 statements by President Barack Obama and his surrogates at the time the Internal Revenue Service (IRS) issued its first “Be On The Lookout” (BOLO) list for

Sources: NSA Targeting Credit Card Use

The WSJ is reporting that in addition to monitoring cell phone records, emails and web activity, the National Security Agency is monitoring credit card transactions. “NSA has established similar relationships with credit-card companies, three former officials said.” The arrangement gave

Food Stamps Up 39% Under Obama, Disability Up 13%

Food Stamps Up 39% Under Obama, Disability Up 13%

An analysis by the former chairman of the president’s Council of Economic Advisers finds that given today’s sluggish job growth, it will take over a decade for employment to return to pre-recession levels. Edward P. Lazear, now a fellow at

GM Launches 'Free Enterprise' Public Relations Tour

GM Launches 'Free Enterprise' Public Relations Tour

General Motors launched a cross country campaign with the U.S. Chamber of Commerce on Wednesday promoting “free enterprise.” GM will provide a 2013 Chevy Traverse for two “Tour Guides,” writer Joe Epstein and Huffington Post reporter Nate Hindman, to travel to over

Polls: Obama Is Losing the Public's Trust

Polls: Obama Is Losing the Public's Trust

As scandals engulf the Obama Administration, Democrats and the media have consoled themselves that Obama’s overall approval numbers have remained steady. That is certainly true and, for many, suggests that Obama is evading political fallout from the scandals. A number

Christie Calls for October Special Election

Christie Calls for October Special Election

Gov. Chris Christie has made his first decision on replacing former Sen. Frank Lautenberg, who died on Monday. The Wall Street Journal is reporting that Christie plans to call a special election in October to fill the unexpired term. The

U.S. Manufacturing Hits Lowest Output in Four Years

U.S. Manufacturing Hits Lowest Output in Four Years

U.S. manufacturing hit a wall in May, contracting to its lowest output levels in four years. The manufacturing slowdown caught analysts by surprise.  The Institute for Supply Management (ISM) manufacturing index dropped from 50.7 in April to 49 in May.

The Wall Street Journal Spins for the Senate Immigration Bill

The Wall Street Journal Spins for the Senate Immigration Bill

The Wall Street Journal editorial board took a strong stance Monday in favor of the Senate immigration bill, arguing that “immigrants will be crucial” to saving Social Security. The proof: a projection that immigrants will contribute $4.6 trillion (in today’s dollars)

The System Worked

May 21, 2013: Apple CEO Tim Cook called before Congress to get a scolding for failing to pay more federal taxes than the company legally owed. May 29, 2013: Apple CEO Tim Cook announces he has hired recently departed EPA

Bachmann Will Not Seek Re-Election In 2014

Rep. Michele Bachmann (R – MN) announced early Wednesday morning she will be retiring next year.  Bachmann pointed out that her decision to not run for re-election had nothing to do with the current ethics probe into her former presidential