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By Kathy Finn
An oil and gas platform operated by Mariner Energy burst into flames in the Gulf of Mexico on Thursday, but the crew of 13 escaped and there were no signs of an oil spill, the Coast Guard said.
The Obama administration and the Federal Reserve want to fix the United States economy by spending more money. But while that approach might work for Europe, it is risky for the US. The nation would be better off embracing traditional American values like self-reliance and small government.
In "Overhaul", his upcoming chronicle of his reign as "car czar," Steven Rattner offers an insider's account of the Obama administration's rescue of the auto industry. And he pulls no punches when it comes to describing the foibles of such heavyweights as Rahm Emanuel, Tim Geithner, Larry Summers and Sheila Bair.
By Timothy Dalrymple
Believe it or not, Glenn Beck gets it.
Whatever else Beck has right or wrong -- and I confess I have never watched or listened to him much -- it seems to me that he is correctly interpreting the present moment. Which is no small matter. And, as indicated by the "Restoring Honor" held before the Lincoln Memorial last Saturday, he might even be correctly responding to it.
By MATTHEW LEE and MATTI FRIEDMAN
Secretary of State Hillary Rodham Clinton formally opened the first direct peace talks between Israel and the Palestinians in nearly two years on Thursday, imploring the parties to make needed compromises to forge an agreement.
Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.
"If the crisis has a single lesson, it is that the too-big-to-fail problem must be solved," Bernanke said Thursday while testifying before the Financial Crisis Inquiry Commission.
The Southern Nevada Index of Leading Economic Indicators remained essentially flat in August as none of the data series showed much movement up or down.
http://www.lvrj.com/business/southern-nevada-economic-indicators-stay-flat-in-august-101989933.html
It really is good news, but I’m seeing people linking/tweeting it as evidence that the great wingnut noise machine has once again hyped an issue that practically doesn’t. even. exist. Simple question: Notwithstanding the fact that deportations are way up under Obama’s administration, does anyone seriously expect the trend in lower illegal immigration to continue if/when the economy finally comes back? Illegals are no more recession-proof than anyone else; if the jobs ain’t here (especially construction jobs), there’s less reason to come. When the jobs return, so will they.
Dr. Christina Romer’s economic speech today, marking her last speech as an administration official, is an admission that the fiscal stimulus package that she helped craft has failed.
Calling the economic recovery “insufficient”, she noted that a 0.6% drop in the unemployment rate still leaves unemployment unbearably high. “Real GDP is growing, but not fast enough to create the hundreds of thousands of jobs each month that we need to return employment to its pre-crisis levels,” she said.
By ROGER SIMON
It was shocking how little awe there was.
President Obama announced Tuesday night “that the American combat mission in Iraq has ended” in a grim little speech from the Oval Office. He spoke for 18 minutes and managed to avoid asking - - let alone answering - - any essential questions about the war such as: Did it make America safer, and was it really worth it?
Congressional investigators are questioning a half-dozen lawmakers for possibly misspending government funds meant to pay for overseas travel, according to people familiar with the matter.
The investigation follows a Wall Street Journal article in March that said lawmakers had used daily cash stipends, meant to cover certain costs of official government travel overseas, to cover expenses that appeared to be unauthorized by House rules. An independent ethics board has referred the matter to the House ethics committee.
Students are returning to school this week. But they’re not heading back to class — they’re walking straight into a war zone. Our kids have become cannon fodder for two rival ideologies battling to control America’s future.
by Alix Spiegel
For decades, the intellectual descendants of Darwin have pored over ancient bones and bits of fossils, trying to piece together how fish evolved into man, theorizing about the evolutionary advantage conferred by each physical change. And over the past 10 years, a small group of academics have begun to look at religion in the same way: they've started to look at God and the supernatural through the lens of evolution.
Sometimes, this administration seems so out of touch with the language of its nation that it borders on parody. Usually, that’s an introduction to a Joe Biden anecdote, but this time the quote comes from Kathleen Sebelius, straight out of the nation’s heartland by geography but more out of the Ivory Tower in practice. Yesterday, when addressing the strong opposition to ObamaCare throughout the nation, Sebelius chalked it up to ignorance and misinformation — and suggested a remedy that sounds as if it came out of Orwell, emphasis mine:
Hey, maybe they just need some reeducation! Either that, or cities and counties that already have stressed budgets and limited means of raising revenues are looking to escape the vastly escalating costs of providing health care. The Wall Street Journal reports that many of these facilities are providers of last resort — the exact places where millions of new Medicaid patients would have gone for care:
Asra Q. Nomani
New revelations about the owner of the mosque building near ground zero could mean a split between him and the project's influential imam, making it unlikely to ever get built.
Sharif El-Gamal, 37, the owner of the building at the center of the storm over the construction of a "ground zero mosque," is a quintessential American story, a man who went from waiting tables in New York's A-list restaurants to buying and selling properties.
Before President Obama addresses the nation from the Oval Office on Tuesday night to talk about his withdrawal of combat troops from Iraq, he intends to place a call to the man whose Iraq policy he bitterly opposed: former President George W. Bush.
By: Lisa Gartner
President Obama's top education official urged government employees to attend a rally that the Rev. Al Sharpton organized to counter a larger conservative event on the Mall.
