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8/8/2011 | Education

Obama Administration Exempting Schools From Federal Law’s Testing Mandate

Associated Press

State and local education officials have been begging the federal government for relief from student testing mandates in the federal No Child Left Behind law, but school starts soon and Congress still hasn't answered the call.

Education Secretary Arne Duncan says he will announce a new waiver system Monday to give schools a break.

The plan to offer waivers to all 50 states, as long as they meet other school reform requirements, comes at the request of President Barack Obama, Duncan said. More details on the waivers will come in September, he said.

The goal of the No Child Left Behind law is to have every student proficient in math and reading by 2014. States have been required to bring more students up to the math and reading standards each year, based on tests that usually take place each spring. The step-by-step ramping up of the 9-year-old law has caused heartburn in states and most school districts, because more and more schools are labeled as failures as too few of their students meet testing goals.

Recommended Guests:

Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333Len Deo, President, New Jersey Family Policy Council
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333Tim G. Echols, President/Founder, TeenPact
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Todd Friel, Radio Host, Way of the Master
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Dr. Janice Hollis, Bishop, Progressive Believers Ministries
Bullet 333Peter Lillback, President, Westminster Theological Seminary
Bullet 333Alex McFarland, President, Southern Evangelical Seminary
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Jeff Myers, Incoming President, Summit Ministries
Bullet 333Harold Naylor, Co-Founder, DiscoverChristianSchools.com
Bullet 333Phyllis Schlafly, President and Founder, Eagle Forum
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333Lorianne Updike, President & Executive Director, The Constitutional Sources Project

8/5/2011 | Economy

New Fee to Bank Cash

Wall Street Journal

Bank of New York Mellon Corp. on Thursday took the extraordinary step of telling large clients it will charge them to hold cash.

The unusual move means some U.S. depositors will have to pay to keep big chunks of money in a bank, marking a stark new phase of the long-running global financial crisis.

The shift is also emblematic of the strains plaguing the U.S. economy. Fearful corporations and investors have been socking away cash in their bank accounts rather than put it into even the safest investments.

The giant bank, which specializes in handling funds for financial institutions and corporations, will begin assessing a fee next week on customers that have been flooding the bank with dollars, Bank of New York told clients in a note reviewed by The Wall Street Journal.

The decision won't affect individual savers, who already are stuck with near zero interest rates as the Federal Reserve keeps rates low to support a soft economy. But it is a glaring sign that corporate executives, bank leaders and money-market fund managers are fleeing from risk and hoarding cash as the recovery

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

8/5/2011 | Economy

Fannie Mae seeks $5.1 billion more from taxpayers

CNBC

Mortgage finance giant Fannie Mae said it would ask for an additional $5.1 billion from taxpayers as a weaker housing market causes continued losses on loans made prior to 2009.

The largest U.S. residential mortgage funds provider on Friday also reported a second-quarter net loss attributable to common shareholders of $5.2 billion, or 90 cents per share.

It forecast continued weakness ahead, with high unemployment and foreclosures expected to put more downward pressure on home prices.

Fannie Mae paid back $2.3 billion in dividends to taxpayers in the second quarter, reducing its net capital draw to $2.8 billion. Since the firm was seized by the U.S. Treasury in 2008, it has needed about $104 billion in government capital injections, although it has paid back about $14.7 billion in dividends.

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

8/4/2011 | Economy, Healthcare

Deal could endanger health care law

Politico

The debt ceiling agreement could jeopardize millions of dollars, and perhaps billions, in initiatives from President Barack Obama’s health care reform law if the super committee can’t come up with required spending cuts.

Many of the pots of money in the law — one of the Democrats’ most prized pieces of legislation — could get trimmed by the debt deal’s sequestration, or triggered cuts. The funds for prevention programs and community health centers, grants to help states set up insurance exchanges and co-ops, and money to help states review insurance rates could be slashed across the board if the panel can’t find enough cuts this fall.

Funding for the temporary high-risk pools for pre-existing conditions could be sliced, too, as well as grants to improve maternal and child health. And as previously reported by POLITICO, the law’s cost-sharing subsidies — which are supposed to help low-income people pay their out-of-pocket expenses — could face the ax, too.

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333Michael Barry, Director of Pastoral Care, Cancer Treatment Centers of America in Phila.
Bullet 333David Bossie, President, Citizens United
Bullet 333Twila Brase, President and Co-founder, Citizens' Council on Healthcare Freedom
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333Marjorie Dannenfelser, President and Chairman of the Board, Susan B. Anthony List
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

8/4/2011 | Economy

U.S. eats up most of debt limit in one day

The Washington Times

U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history — as the government flexed the new borrowing room it earned in this week’s debt-limit increase deal.

The debt subject to the statutory limit shot way past the old cap of $14.294 trillion to hit $14.532 trillion on Tuesday, according to the latest the Treasury Department figures, which are released on the next business day.

That increase puts the government already remarkably close to the new debt limit of $14.694, which means one day’s new borrowing ate up 60 percent of the $400 billion in space Congress granted the president this week.

Debt numbers go up and down regularly, depending on what the Treasury Department is redeeming or issuing on any day, but have been on a steep upward trend for the past decade as spending has ballooned and revenues have fluctuated.

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

8/3/2011 | Economy

China Joins Russia in Blasting U.S. Borrowing

Bloomberg

China, the largest foreign investor in U.S. government securities, joined Russia in criticizing American policy makers for failing to ensure borrowing is reined in after a stopgap deal to raise the nation’s debt limit.

People’s Bank of China Governor Zhou Xiaochuan said China’s central bank will monitor U.S. efforts to tackle its debt, and state-run Xinhua News Agency blasted what it called the “madcap” brinksmanship of American lawmakers. Russian Prime Minister Vladimir Putin said two days ago that the U.S. is in a way “leeching on the world economy.”

The comments reflect concern that the U.S. may lose its AAA sovereign rating after President Barack Obama and Congress put off decisions on spending cuts and tax increases to assure enactment of a boost in borrowing authority. China and Russia, holding a total $1.28 trillion of Treasuries, have lost nothing so far in the wake of a rally in the securities this year.

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

8/3/2011 | Economy

New Yorkers Fleeing State

MyFoxNY.com

Taxed-out New Yorkers are voting with their feet, with a staggering 1.6 million residents fleeing the state over the last decade.

For the second consecutive decade, New York led the nation in the percentage of residents leaving for other states, according to the report by the Empire Center for State Policy.

The population loss is "the ultimate barometer of New York's attractiveness as a place to work, live and do business," the report's co-author, E.J. McMahon, said. "It's the ultimate indication that we've been doing things wrong."

Most analysts blamed New York's high taxes and skyrocketing cost of living for the mass exodus.

The Tax Foundation ranked New York highest in the nation in the combined state and local tax burden in 2008. And as small-business lobbyist Mike Durant noted, New York has also "consistently ranked worst or in the top three worst in business climate. You can't suck every penny out of people and expect them to remain in New York."

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

8/2/2011 | Gun Control, UN

Bipartisan opposition to U.N. gun control proposal

OneNewsNow

A gun-rights advocate finds it very telling that 12 Democratic senators oppose an Obama-backed United Nations gun-control treaty.

According to the U.S. News and World Report, the 12 Democrats joined 45 Republicans in an effort to halt progress on the Obama-backed U.N. effort that could bring international gun control to the United States and put severe restrictions on U.S. gun owners.

The U.N. Arms Trade Treaty, which was opposed by the Bush administration, would regulate the international trade of arms, including firearms used by hunters and sportsmen.

Larry Pratt (GOA)"The treaty would call for the complete registration of every firearm in America and the confiscation of firearms that are not on the approved list of suitable for civilian use," reports Larry Pratt, executive director of Gun Owners of America.

Recommended Guests:

Bullet 333Major Eric Egland, Author, The Troops Need You, America: Six Ways to Help...
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Cliff Kincaid, President, America's Survival, Inc.
Bullet 333Charl Van Wyk, Pastor/Author, “Shooting Back–The Right & Duty of Self-Defence"

8/1/2011 | Economy

$2.4 Trillion Would Be Largest Debt-Limit Increase in U.S. History

CNS News

The bill to increase the federal debt limit that has been put before Congress today would increase that limit by up to $2.4 trillion, which would be the largest increase in the debt limit in U.S. history by a margin of half a trillion dollars, according to records published by the Government Accountability Office and the Congressional Research Service.

In fact, according to records published by the Congressional Research Service, if the current bill is passed and the debt limit is increased by $2.4 trillion, the two largest debt-limit increases in U.S. history would come in back-to-back years, both during the presidency of Barack Obama.

Up until now, the largest increase in the debt limit was the $1.9 trillion increase passed by Congress and signed by President Obama on Feb. 12, 2010. That law increased the debt limit from $12.394 trillion to $14.294 trillion.

Up until now, the second largest historical increase in the debt limit was enacted on March 27, 2003, when President George W. Bush signed a law that lifted the limit by $984 billion—from $6.400 trillion to $7.384 trillion.

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

8/1/2011 | Border Issues

AZ goes to people to 'take back our country'

OneNewsNow

An immigration expert and border enforcement advocate applauds the efforts of an Arizona state lawmaker who has devised an innovative way to increase border security.

Illegal immigration is not just an Arizona problem; it's an American problem. And that is why the state hopes others throughout the country will donate to the nation's security by sending money to erect a fence along the 370-mile border of Arizona and Mexico.

Lawmakers recently approved the project, and state Senator Steve Smith (R), who sponsored the legislation, hopes donors will help raise $50 million for the effort.

Recommended Guests:

Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA

7/28/2011 | Economy, Taxes

GOP Bill Would Prioritize Payments to Debt Interest, Social Security and Military Pay

CNS News

A group of congressional Republicans unveiled the “Ensuring the Full Faith and Credit of the United States and Protecting America’s Soldiers and Seniors Act” on Tuesday. The legislation would require the Treasury secretary to prioritize payments on interest on the national debt, Social Security and military pay.

“What our bill would do is it would instruct the Treasury secretary in the event that the debt ceiling is not raised prior to August 2 to make certain obligations priorities so that they will be paid in full, on time, and without delay,” Sen. Patrick Toomey (R-Pa) said during a Capitol Hill news conference announcing the legislation.

“The three priorities are simple,” he said. “First, it’s interest on our debt, so that we will not default on our debt and not plunge our economy into chaos. Second, Social Security payments because millions of senior citizens, including my parents, depend on Social Security payments that they’ve earned by virtue of their own prior contributions to the system. And, finally, the payroll for active duty military personnel, because the men and women who are risking their lives for us should not have to worry about whether their families will receive their income in a timely fashion.”

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

7/28/2011 | China, Economy

Why is biggest U.S. creditor getting U.S. grants?

OneNewsNow

A grassroots pro-family group is outraged that the National Institutes of Health (NIH) has awarded more $90 million in grants to Communist China.

The Traditional Values Coalition (TVC) has completed a six-month investigation into the NIH's budget, discovering that in the past two and half years alone, it has awarded more than $30 million to scientists at Chinese universities and institutions to research Chinese medical issues. But the U.S. has given the Chinese government more than $90 million over the last decade.

TVC executive director Andrea Lafferty does not understand why America's biggest creditor needs grant money from the United States.

Andrea Lafferty (Traditional Values Coalition)"China holds over $1.1 trillion in American debt, yet we are sending our hard-earned taxpayer dollars to a communist country so it can fund the education of [its] citizens," she summarizes. "There are so many people in America that can't afford studies at colleges and universities."

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

7/27/2011 | Economy

House Democrats Give Up Tax Hikes for Long-Term Debt Deal

CNS News

House Democratic leaders say they will support a debt-ceiling deal that does not include new tax revenue – a longstanding demand – as long as the debt ceiling is raised in one step, and by enough to see the nation through the 2012 elections.

Speaking to reporters at the Capitol Wednesday, House Democratic Caucus chairman John Larson (D-Conn.) said Democrats would not accept a short-term increase in the debt ceiling, even if their demand for higher taxes is met.

“I think that the dark cloud of uncertainty with the debt ceiling still hanging over everyone’s head, what our caucus is adamantly clear on – and you heard Jim Clyburn say this, and what we’re recommending to the President – if by chance the Republicans come up with the votes on their own, and there is a short-term deal that goes to the President’s desk, he has said he’ll veto that.”

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

7/26/2011 | Border Issues, Governmental Control, Gun Control

Amid ‘Fast and Furious’ Scandal, Obama’s New Anti-Crime Strategy Includes Stemming Gun Flow to Mexico

CNS News

Even as the Obama administration still faces question about a botched gunrunning operation in which federal law enforcement officials knowingly allowed guns be transported Mexican drug cartels, a new White House report calls for cracking down on the “illicit flow from the United States of weapons and criminal proceeds” to criminal gangs.

The White House on Monday released the report titled “Strategy to Combat Transnational Organized Crime,” referring to terrorist, drug trafficking and other criminal organizations operating across national borders.

The 38-page report lists 56 “priority actions,” including an executive order to seize the assets of transnational organized crime (TOC) networks as well as legislative proposals such as updating racketeering and money laundering laws.

“We must also stop the illicit flow from the United States of weapons and criminal proceeds that empower TOC networks,” says the report, which specifically addresses the flow of guns into Mexico.

Recommended Guests:

Bullet 333Chuck Colson, Prison Fellowship
Bullet 333Tom DeLay, Former House Majority Leader, United States House of Representatives
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333Chuck Donovan, Senior Research Fellow-DeVos Center for Religion a, The Heritage Foundation
Bullet 333Steve Elliott, President, Grassfire.org
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333Frank Gaffney, Founder and President , Center for Security Policy
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Rick Green, President, Torch of Freedom Foundation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Cliff Kincaid, President, America's Survival, Inc.
Bullet 333Jennifer Marshall, Director of Domestic Policy Studies, The Heritage Foundation
Bullet 333Gary Marx, Executive Director, Judicial Confirmation Network
Bullet 333Ryan Messmore, William E. Simon fellow in Religion and a Free Soc, The Heritage Foundation
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Phyllis Schlafly, President and Founder, Eagle Forum
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333Lorianne Updike, President & Executive Director, The Constitutional Sources Project
Bullet 333Charl Van Wyk, Pastor/Author, “Shooting Back–The Right & Duty of Self-Defence"

7/26/2011 | Economy

Uncertainty has Mass. firms wary of hiring, expanding

The Boston Globe

Bill Weissman said sales at his Fitchburg furniture-making company have been so strong this year that he considered buying new equipment and hiring new workers. But Weissman said he is “worried sick’’ that events in Washington will harm the stock market and an already fragile economy, so he is putting off expansion plans.

“It’s just got me to the point where I’m not looking to take any further risk,’’ Weissman said of the debt-ceiling debate. “At least not until I can see some stability on the horizon.’’

The political crisis in Washington has begun to affect business decisions across a wide array of Massachusetts employers, from manufacturers to real estate firms to high-tech companies. Still cautious from the last recession, many business owners worry that government leaders will be unable to reach an agreement, while others are concerned about exactly the opposite: that any agreement will invariably include spending cuts and weaken an already lackluster recovery.

The result could be even more caution among businesses, and even slower growth for the state and national economies.

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

7/25/2011 | Economy, Governmental Control

Obama Blames ‘Splintered’ News Media for Lack of Compromise in Washington

CNS News

In the midst of a showdown over how the government will increase the debt ceiling by Aug. 2, President Barack Obama blamed a splintered news media for lack of compromise between the parties and stressed that President Abraham Lincoln believed in compromise.

Obama spoke to a packed Ritchie Coliseum at the University of Maryland Friday as part of a town hall meeting promoting what he called a “balanced approach” to reducing the federal deficit – which he believes includes increasing taxes on high earners along with cuts.

In response to a question, the president talked about the merits of compromise before saying the media shoulders much of the blame.

“You’ve got a media that has become much more splintered,” Obama said. “So those of you who are of a Democratic persuasion are only reading The New York Times and watching MSNBC and if you are on the right, then you’re only reading the Wall Street Journal editorial page and watching FoxNews.”

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Chuck Colson, Prison Fellowship
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333Tom DeLay, Former House Majority Leader, United States House of Representatives
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333Chuck Donovan, Senior Research Fellow-DeVos Center for Religion a, The Heritage Foundation
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Steve Elliott, President, Grassfire.org
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333Frank Gaffney, Founder and President , Center for Security Policy
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Rick Green, President, Torch of Freedom Foundation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Cliff Kincaid, President, America's Survival, Inc.
Bullet 333Jennifer Marshall, Director of Domestic Policy Studies, The Heritage Foundation
Bullet 333Gary Marx, Executive Director, Judicial Confirmation Network
Bullet 333Ryan Messmore, William E. Simon fellow in Religion and a Free Soc, The Heritage Foundation
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Phyllis Schlafly, President and Founder, Eagle Forum
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333Lorianne Updike, President & Executive Director, The Constitutional Sources Project
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

7/22/2011 | Economy, Governmental Control

MSNBC Distorts Reagan Position on Debt Ceiling, Says Media Watchdog Group

CNS News

Cable network MSNBC has been distorting the late President Ronald Reagan’s position on raising the debt ceiling, in the midst of a current-day political debate over raising that ceiling between President Barack Obama and Republicans on Capitol Hill, says an analysis by the Media Research Center (MRC).

“At least five MSNBC anchors since Tuesday have promoted a cherry-picked House Democratic Caucus video that distorts President Ronald Reagan’s position on the debt ceiling, inaccurately asserting that President Barack Obama is more in line with Reagan than the Republicans,” MRC News Analyst Alex Fitzsimmons reported in a BiasAlert on Wednesday.

The five MSNBC anchors are Chris Matthews, Al Sharpton, Rachel Maddow, Lawrence O’Donnell and Thomas Roberts. They each played or cited an excerpt from a Reagan speech given on Sept. 26, 1987. In the excerpt, Reagan expressed the need to raise the debt ceiling.

However, the cable network did not acknowledge that later in that same speech Reagan insisted on a balanced budget amendment to the Constitution.

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Chuck Colson, Prison Fellowship
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333Tom DeLay, Former House Majority Leader, United States House of Representatives
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333Chuck Donovan, Senior Research Fellow-DeVos Center for Religion a, The Heritage Foundation
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Steve Elliott, President, Grassfire.org
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333Frank Gaffney, Founder and President , Center for Security Policy
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Rick Green, President, Torch of Freedom Foundation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Cliff Kincaid, President, America's Survival, Inc.
Bullet 333Jennifer Marshall, Director of Domestic Policy Studies, The Heritage Foundation
Bullet 333Gary Marx, Executive Director, Judicial Confirmation Network
Bullet 333Ryan Messmore, William E. Simon fellow in Religion and a Free Soc, The Heritage Foundation
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Phyllis Schlafly, President and Founder, Eagle Forum
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333Lorianne Updike, President & Executive Director, The Constitutional Sources Project
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

7/22/2011 | Economy

U.S. Government Ends Chrysler Investment With $1.3 Billion Loss

Fox News

The U.S government has sold its shares in Chrysler LLC at a likely loss of $1.3 billion in taxpayer money, the Treasury Department said Thursday, announcing the end of a controversial investment that resurrected the troubled auto company.

Italian automaker Fiat SpA, which has run the company since it emerged from bankruptcy protection in June 2009, purchased the U.S. government's remaining 98,000 shares in the auto company for $560 million.

The financial loss irritated Republican lawmakers.

"I am deeply disturbed to learn that the Obama administration left $1.3 billion taxpayer dollars on the table in resolving its bailout of Chrysler," said Rep. Darrell Issa, R-Calif., chairman of the House Oversight and Government Reform Committee.

"The administration has sold out an American icon to a foreign company using TARP funds underwritten by taxpayers. Now they are essentially give that same company $1.3 billion of taxpayer money," he said.

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

7/21/2011 | Economy

Gang of Six Senators: Who Are They, Can Their Debt Plan Pass?

ABC News

A bipartisan posse of senators is attempting a bold end-run around conventional wisdom in Washington.

The so-called Gang of Six -– three conservative Republicans, three liberal Democrats -– hopes to prove that members of both parties can defy intransigence, reaching common ground on tax hikes and spending cuts to knock trillions off the national debt.

So who are these unlikely "gangsters," and do they think their plan has legs?

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res

7/21/2011 | Economy

A jobs pinch for the ages:As older workers stay in place, younger aspirants struggle to break in

The Boston Globe

Roxane Larouche, 64, an operating room nurse at Beth Israel Deaconess Medical Center, is just a year away from official retirement age, but has no plans to leave her job anytime soon.

Since her younger husband changed careers during the recession and returned to school to become a pharmacist, the couple has relied on their savings and Larouche’s income.

“There are many people who continue to work into their 80s,’’ Larouche said. “I’m not saying that’s what I would do, but I want to work as long as I’m physically able.’’

Larouche is among a growing number of older Americans who are working past their traditional retirement age, and in doing so, reducing opportunities for younger workers in a difficult job market, according to a study by Commonwealth Corp., the state’s quasi-public workforce development agency. Since the recession began at the end of 2007, workers age 55 and older were the only group to increase participation in the US workforce; meanwhile, participation rates among workers under 25 declined sharply.

Recommended Guests:

Bullet 333Barry Asmus, Senior Economist, National Center for Policy Analysis
Bullet 333David Bossie, President, Citizens United
Bullet 333Dan Celia, Host, "Financial Issues Live" Radio Program
Bullet 333Phil Clements, Managing Director, Center for Christian Business Ethics Today, LLC.
Bullet 333Ward Connerly, Author/Founder and Chairman, American Civil Rights Institute
Bullet 333William Devlin, National President, Redeem The Vote
Bullet 333James Edwards, Cofounder, Olive, Edwards, & Cooper, LLC
Bullet 333Joseph Farah, CEO, Founder, WorldNetDaily
Bullet 333James Gelfand, Senior Manager of Health Policy, U.S. Chamber of Commerce
Bullet 333Lou Giuliano, Chairman, President and Chief Executive Officer (r, ITT Corporation
Bullet 333Colin Hanna, Colin Hanna, President, Let Freedom Ring USA
Bullet 333Lowman Henry, Chairman & CEO, Lincoln Institute of Public Opinion Research, Inc.
Bullet 333Larry Hunter, President, The Social Security Institute
Bullet 333Phillip Kim, Assistant Professor of Management and Human Resour, University of Wisconsin-Madison School of Business
Bullet 333Joe Murray, Columnist, The Bulletin
Bullet 333Grover Norquist, President, Americans for Tax Reform (ATR)
Bullet 333Chuck Stetson, Co-founder and Managing Director, PEI Funds
Bullet 333Tony Strickland, Taxpayer Advocate
Bullet 333John Weiser, Board Member, Westminster Theological Seminary , In Medias Res
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