Outlines potential White House attack that would make 9/11 ‘small change’ A professor from Kuwait, the country liberated from Saddam Hussein’s attack squads by the United States in the first Gulf War, has called Islamic terrorists “the most honorable people in the world” and has outlined on Arab television a potential terror attack that would [...]
Archive for February, 2009
27 Feb
About the Second Amendment . . .
“A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.” –The United States Constitution “Who are the militia? Are they not ourselves? It is feared, then, that we shall turn our arms each man against his own bosom. [...]
26 Feb
Obama Budget Recognizes the Need for More Retirement Savings
While many aspects of the Obama budget are questionable and just plain wrong, they recognize the need for more Americans to be able to save for retirement. The budget includes the Automatic IRA, a cross-ideological proposal developed jointly by The Heritage Foundation and the Brookings Institution which will give up to 80 million workers a [...]
26 Feb
Al-Marri To Be Indicted In Federal District Court
According to various news outlets, including the Washington Post, al-Marri (also known as Abdulkareen A. Almuslam), the last remaining unlawful enemy combatant in the United States, is about to be indicted in federal district court in the Central District of Illinois. The news stories indicated that he will be charged with, among other things, material [...]
26 Feb
Budget Trickery: Quick Observations on President Obama’s Budget
Budget Trickery The President is using some budget trickery. He assumes the extension of all 2001 and 2003 tax cuts and the AMT patch into the baseline, and then eliminates some of the same tax cuts, and counts them as “new” revenues. The President also employs budget trickery on spending. He first assumes that Iraq [...]
26 Feb
Pork Chalks Up Two More Victories
Yet another controversy involving Congressional earmarks is brewing in Washington. This time around a lobbying firm, the PMA group (raided by the FBI in November), is accused of making fraudulent donations to members of Congress in exchange for federal pork directed toward their clients. Given mounting news reports of scandal involving earmarks, you’d think Members [...]
26 Feb
Obama Tax Proposals (Mostly) Bad News
President Obama’s budget document lacks the details necessary to judge fully his tax proposals. What we have are proposed streams of revenues over 10 years and short tag lines describing the proposals. A full assessment of his tax program will therefore have to wait. The initial impression, however, is that the President intends to carry [...]
26 Feb
Next Bailout: Liberal Media?
Over the past few months, we’ve seen a seemingly endless parade of bailouts from Washington — for banks, for automobiles, and just about everything else. Today, Congress may be voting on yet another bailout — this time for liberal media. This afternoon, the Senate is expected to take up a proposal by Sen. Dick Durbin [...]
26 Feb
Building a Foundation for Budgetary Failure
The title to President Obama’s budget refers to a new era of responsibility. Responsible budgeting begins with credible economic forecasts. The Obama economic forecast doesn’t merely reflect the return of the famous Rosey Scenario, but puts Rosey in fantasyland. Don’t take my word for it, just look at the numbers compared to what the Blue [...]