By Robert Romano — “Under U.S. law, United States citizens cannot be tried in military commissions.” That was White House Press Secretary James Carney on the Obama Administration’s decision not to treat Dzhokhar Tsarnaev as an unlawful enemy combatant following the Boston Marathon bombings. What a difference two months can make. Just in February, NBC News famously revealed a Department of Justice memorandum outlining the legal basis for using lethal military force against U.S. citizens overseas . Then, the Administration argued, “Were the target of a lethal operation a U.S. […]

By Robert Romano — A recent post on Mish’s Global Economic Analysis, “Merkel needs opposition party votes to pass Cyprus bailout,” tells the story of how German Chancellor Angela Merkel required the votes from the Social Democrats and Greens in order to approve the so-called “bailout” of Cyprus (where citizens there are having their savings confiscated). […]

By Robert Romano The Obama Administration would like to cap the amount of savings that can go into an individual retirement account (IRA) and other tax-preferred investments like municipal bonds to a total of $3 million. That amount yields $205,000 a year in retirement income at today’s […]

By Paul Driessen President Obama’s Environmental Protection Agency has already promulgated a tsunami of 1,920 regulations, many of which will bring few health or environmental benefits, but will impose high economic and unemployment costs, often to advance the Administration’s decidedly anti-hydrocarbon agenda. The Heritage Foundation has calculated […]

By Robert Romano It took four years, but Team Obama has finally figured out that the economy is not growing at the rate it needs to. When Barack Obama entered office in 2009, the White House Office of Management and Budget (OMB) projected in his first budget there would be a V-shaped economic recovery. And even better, it would happen because […]

By Robert Romano “It’s just debt for debt’s sake, not to help build future production or earnings, but to simply fuel consumption.” That’s how Americans for Limited Government (ALG) President Bill Wilson described the latest scam by government and financial institutions to boost “growth.” Having exhausted the market for […]

By Paul Driessen and James H. Rust Georgia residents recently learned that a rare bat has stalled state highway improvements. The May 2012 sighting of an endangered Indiana brown bat in a northern Georgia tree has triggered federal regulations requiring that state road projects not “harm, […]

By Bill Wilson The U.S. unemployment rate dropped from 7.7 percent in February to 7.6 percent in March, according to statistics released last week by the U.S. Department of Labor (USDOL). That’s the lowest figure in more than four years — since December 2008. It’s also the […]

By Robert Romano On April 2, the Washington Post published an article entitled, “Obama administration pushes banks to make home loans to people with weaker credit.” The report cites a recent speech made by Federal Reserve Board Governor Elizabeth Duke advocating that more home loans be made to people with fragile credit scores. “The drop in purchase mortgage originations, although widespread, has been most pronounced among borrowers with low credit scores,” […]

By Robert Romano Establishment Republicans are in the midst of what can only be described as an intellectual meltdown. They must be. Whether it’s the revelation that American Action Network attempted to get the ever-controversial, exceptionally talented Lady Gaga to perform for $1 million at the Republican National Convention — an institution, to put it mildly, she shares almost nothing in common with. Or […]