Stryker Corporation, a Michigan-based medical device company with operations around the world, is laying off five percent of its employees in order to offset the cost of a tax passed as part of Obamacare in 2009 and scheduled to take effect in 2013. “The targeted [employee] reductions and other restructuring activities are being initiated to […]
Treasury Secretary Henry Paulson stepped off the elevator into the Third Avenue offices of hedge fund Eton Park Capital Management LP in Manhattan. It was July 21, 2008, and market fears were mounting. Four months earlier, Bear Stearns Cos. had sold itself for just $10 a share to JPMorgan Chase & Co. (JPM) Now, amid […]
Last summer, when all of the pundits had pretty much written off Newt Gingrich’s presidential candidacy, my niece, a college sophomore whom I always believed to be apolitical, remarked, “My friends and I like Newt – he tweets a lot on Twitter.” I should have remembered that. Two years earlier, I had heard Gingrich speak […]
As early as today the Senate could vote to strip us our 6th Amendment rights! In a move that would make Joseph Stalin proud, Arizona Senator John McCain has joined Michigan’s Carl Levin in crafting a section of a bill designed to take away our rights to face an accuser and have a fair trial […]
JERUSALEM – In response to any future Israeli military strike on its nuclear sites, Iran has been training al-Qaida elements in the Egyptian Sinai desert on how to coordinate retaliatory attacks, a senior Egyptian security official told WND. The al-Qaida attacks are meant to target both Israeli and Egyptian installations, the security official said, as […]
What should be done about income inequality? That basic question underlies the arguments hashed out in the supercommittee and promises to be a central issue in the presidential campaign. Supercommittee Democrats argue that income inequality has been increasing and can be at least partially reversed by higher tax rates on high earners. They refused to […]
The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing. The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion […]
Former Black Panther and left-wing activist Brandon Darby told a packed East Orlando Tea Party this week that he left the Black Panthers because basically he loves America. He said he just couldn’t take it anymore when he happened upon a video training session by anarchist leaders showing gullible young men how to make Molotov […]