INFLATION STATISTICS January 2009 TODAY % chg Source Avg. retail price/gallon gas in U.S. $1.83 $3.104 69.6% 1 Crude oil, European Brent (barrel) $43.48 $99.02 127.7% 2 Crude oil, West TX Inter. (barrel) $38.74 $91.38 135.9% 2 Gold: London (per troy oz.) $853.25 $1,369.50 60.5% 2 Corn, No.2 yellow, Central IL $3.56 $6.33 78.1% 2 […]
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FEBRUARY 7, 2011 A Modest $500 Billion Proposal My spending cuts would keep 85% of government funding and not touch Social Security or Medicare. By RAND PAUL After Republicans swept into office in 1994, Bill Clinton famously said in his State of the Union address that the era of big government was over. Nearly $10
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Nile Gardiner Nile Gardiner is a Washington-based foreign affairs analyst and political commentator. He appears frequently on American and British television and radio, including Fox News Channel, CNN, BBC, Sky News, and NPR. The greatest president of the 20th Century: the free world owes Ronald Reagan a huge debt of gratitude By Nile Gardiner World
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Published on The Weekly Standard (http://www.weeklystandard.com) A Farewell to Arms Max Boot January 17, 2011 In 1991, at the end of the Cold War, there were 710,821 active-duty soldiers in the U.S. Army. By 2001, that figure was down to 478,918. That 32 percent decline in active-duty strength severely limited our options for a military
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February 2, 2011 by Frank Roche Chalmers Johnson’s book, “Blowback: The Costs and Consequences of American Empire” was published in 2000. Johnson tells us the title referred to a term adopted by the CIA to refer to “…the unintended consequences of American policies.” Johnson cites examples of “Blowback” in the book including Okinawa, North & South Korea, Iran, Iraq,
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February 1, 2011 Egypt’s leader has gambled that he can ride out the protests and hold on. It’s a pretty good gamble. By BRET STEPHENS Imagine yourself as Hosni Mubarak, master of Egypt for nearly 30 years. You’re old, unwell, detested and addicted to power. You could have orchestrated a graceful exit by promising to
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Published on The Weekly Standard (http://www.weeklystandard.com) The benefits of U.S. defense spending far outweigh the costs Robert Kagan January 24, 2011, Vol. 16, No. 18 The looming battle over the defense budget could produce a useful national discussion about American foreign and defense policy. But we would need to begin by dispensing with the most
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CAN WE GET SERIOUS PLEASE, OUR GREAT COUNTRY IS AT RISK by Frank Roche, Economist Throughout American history, in good times and bad, policy makers have always faced difficult challenges, choices, and final decisions. American policy makers in 2011 face their own difficult challenges, choices, and final decisions. What I sense is missing today among policy makers is a sufficient degree of seriousness,
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