In 2008, many conservatives opposed the bank bailout. Why send $700 billion of hardworking Americans' taxpayer dollars to banks that had failed? Some of us argued it was unfair. Some of us argued it was unnecessary. But among the strongest arguments we made was the moral-hazard argument. Bailing out reckless behavior today will only encourage reckless behavior in the future.
I continue to believe we were right to worry about the bad lesson the bank bailout would teach financial institutions. But in hindsight, we should have also focused on what it would teach others. All across the United States, in high school study halls and college dorm rooms, more than a few young Americans were watching Congress, the President, and Wall Street.
Any parent with children knows that when they are watching what you do, they are learning from what you do. If you swear, they will learn to swear. If you cut corners, they will learn to cut corners. The young learn the habits of the old – for better or worse. more >>
President Barack Obama has said that making voting in elections a mandatory obligation for Americans would be "potentially transformative" and possibly counteract the influence of money in elections. White House Press Secretary Josh Earnest said Thursday, however, that the president wasn't making a "specific policy prescription."
"If everybody voted, then it would completely change the political map in this country," Obama said in a speech on Wednesday in Cleveland, Ohio, according to The Associated Press. He added that universal voting would "counteract money more than anything," when talking on the subject of the influence of money in elections.
Obama said that the U.S. could follow Australia's model, where citizens are required to vote. more >>
President Barack Obama indirectly blamed the foreign policy of his predecessor, President George W. Bush, for the rise of the barbaric and brutal Islamic State terrorist organization in Iraq.
In an interview with Vice News founder Shane Smith released on Tuesday, Obama was asked how the ISIS terrorist group, also known as ISIL or the Islamic State, which has seized large chunks of Syria and Iraq, was able to become "so popular so fast."
Obama responded saying that the group's rise was aided by the U.S. invasion of Iraq that began in 2003 during Bush's presidency. more >>
There is a movement sweeping across the globe manifesting itself in the fiery hearts of those preaching the gospel of "the stark truth of climate change," insisting the divestment of fossil fuels will "save" the planet. Even President Obama claims, "the debate is settled. Climate change is a fact." A reasonably dramatic statement, given that nothing is ever settled in the world of science.
Why is the movement so convincing? Is it our eagerness to trust information spoon-fed to us by pop culture and a not-so-fair-and-balanced Internet, rather than rolling up our sleeves to dig for truth? Social media and 140-word tweets have taken the world by storm and have left us dimwitted in their wake it seems. Claiming man can answer what ails the planet when we're not sure if anything is wrong is a fool's errand that largely overinflates man's position in the hierarchy of things.
God did lay out the pecking order. "What is man," asked the Psalmist, "that you take notice of him…you gave him dominion over the work of your hands, and you put all things under his feet…" Clearly, we see man is charged with sensible stewardship and proper utilization of creation. The big stuff is left for God to handle. And that is the tough, faith-y part because then we are forced to consider what we really believe about God. Did the omniscient God who created the heavens and the earth have a workable plan for coexistence in mind when he also created man? more >>
The foreign policy clerisy in this country was loud in its denunciation of Arkansas freshman Sen. Tom Cotton (R) when he circulated a Round Robin letter with the signatures of 47 GOP senators. Sen. Cotton's letter simply states the obvious truth that no "executive agreement" with Iran can be guaranteed past the expiration of Mr. Obama's constitutionally limited term of office.
Election returns from Israel show that Sen. Cotton was right. Israeli voters appreciated the strong support given to a realistic policy toward Iran and its dangerous drive for nuclear weapons. Israeli voters have to take seriously the threat of Iran with a nuclear weapon. Mr. Obama's feckless Sec. of State, John Kerry, is paving Iran's pathway to a nuclear weapon.
Many of the same chin pulling graybeards who tut-tutted over the Cotton letter also protested Prime Minister Netanyahu's acceptance of Speaker Boehner's invitation to address Congress. They and their Democratic Party-aligned flacks and hacks objected that it was "a violation of protocol" for the Prime Minister to speak to Americans and the world from the rostrum of the House of Representatives. more >>
Congress authorized the State Department to transfer $11.9 billion in cash payments to Iran by June 2015. Transferring any form of aid/comfort to Iran, a sworn enemy of the United States, is a treasonous act.
Treason against the United States is defined as 1) "consist[ing] only in levying war against them," or 2) "in adhering to their enemies, giving them aid and comfort."
Some argue this definition is only applicable only during wartime. Regardless of how one defines America "at war" sending cash to a sworn enemy that has publicly declared its intent to destroy America and to continue building nuclear weapons, clearly falls within the Constitutional definition of a treasonous act. more >>