Krauthammer: Obama's Grand Strategy

April 24, 2009

WASHINGTON — Unified theory of Obamaism, final installment: In the service of his ultimate mission — the leveling of social inequalities — President Obama offers a tripartite social democratic agenda: nationalized health care, federalized education (ultimately guaranteed through college) and a cash-cow carbon tax (or its equivalent) to subsidize the other two.

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Hill Democrats Global Warming Overreach

April 24, 2009

Congressman Henry Waxman played to the crowds this week with high-profile hearings designed to boost his climate legislation. To listen to the Energy and Commerce committee chair, a House global warming bill is all but in the recyclable bag.

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Blair: The West Must Stand Firm Against Islamists

April 24, 2009

It is almost ten years to the day that I stood in this city and gave an address at the height of the Kosovo crisis. In that speech, I set out what I described as a doctrine of international community that sought to justify intervention, including if necessary military intervention, not only when a nation’s […]

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Ford Shares Climb as Reports Not as Bad as Expected

April 24, 2009

DEARBORN, Mich. – Ford Motor Co. reported a first-quarter loss of $1.4 billion Friday and said it depleted less of its cash, emphasizing that it doesn’t expect to seek any of the government assistance that is keeping the rest of the Detroit Three alive.

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Obama Rejects "Truth Panel" Method on Torture Memos

April 24, 2009

President Obama rebuffed calls for a commission to investigate alleged abuses under the Bush administration in fighting terrorism, telling congressional leaders at a White House meeting yesterday that he wants to look forward instead of litigating the past.

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Getting Real on Wind and Solar Power Means Acknowledging Their Limits

April 24, 2009

Why are we ignoring things we know? We know that the sun doesn’t always shine and that the wind doesn’t always blow. That means that solar cells and wind energy systems don’t always provide electric power. Nevertheless, solar and wind energy seem to have captured the public’s support as potentially being the primary or total […]

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It's That Kind of Year: Regulators Fell One Bank, Spare a Rival

April 24, 2009

CLEVELAND — When federal regulators forced National City Corp. to sell itself in October, the head of another struggling bank right across the street watched from his office window as television crews swarmed. “That could be us,” Robert Goldberg, AmTrust Financial Corp.’s chief executive at the time, recalls worrying.

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$100M Budget Cuts Even Smaller Than They Sound, But Only Cynics Would Say So

April 24, 2009

These tough times call for sacrifice. So the Obama administration has embarked on a belt-tightening plan that sounds, to some veteran federal budget watchers, like fodder for a Jay Leno monologue.

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VDH: Things Will Get More Crazy, Not Less

April 24, 2009

We are in a weird age. Do the smart thing, we were told, and invest in a 401(k) retirement account. Buy into the American dream and own your own home. But lately it seems that those who put their money in low-earning passbook savings accounts or rented rather than buying may have been better off.

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Report: Iraqi Police Out of Control, Doing the Things You'd Expect

April 24, 2009

The brief film is deeply disturbing, even in a country famed for its al-Qaeda beheading videos and sniper snuff movies. The young woman, evidently drugged, vomiting and occasionally calling for her mother, tries weakly to stop the grinning man in a white T-shirt and boxer shorts from pulling off her underwear.

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