Obama Urges Congress To Renew Push For "CISPA-style" Internet Laws After Sony Hack … This week, Obama announced a renewed push for tighter internet regulations in congress, citing the need for additional cyber-security in light of the recent hack on Sony. The White House has been taking this opportunity to initiate strategies that had already been planned for years. … During...Read More
Uncle Sam stoked to hash out marijuana in 2015 … It's high time for Uncle Sam to hash out America's marijuana situation. Now that four states and the District of Columbia have legalized recreational cannabis better regulation is warranted for commerce and safety reasons alone. Without the federal government tweaking laws to consent to the will of the states, the fledgling industry wi...Read More
Obama Urges Congress To Renew Push For "CISPA-style" Internet Laws After Sony Hack … This week, Obama announced a renewed push for tighter internet regulations in congress, citing the need for additional cyber-security in light of the recent hack on Sony. The White House has been taking this opportunity to initiate strategies that had already been planned for years. … During...Read More
Uncle Sam stoked to hash out marijuana in 2015 … It's high time for Uncle Sam to hash out America's marijuana situation. Now that four states and the District of Columbia have legalized recreational cannabis better regulation is warranted for commerce and safety reasons alone. Without the federal government tweaking laws to consent to the will of the states, the fledgling industry wi...Read More
Nearly 1 in 10 U.S. Families Don't Exchange Holiday Gifts … Forty-four-year old Michelle Morton's Christmas celebration probably doesn't look like yours — but you might wish it did. That's because, for the past few years, the Raleigh, N.C., resident and her sisters and husband have instituted a no-gift policy for the holidays. "It was stressful and expensive gettin...Read More
The Government Problem … Some believe the central political issue of our era is the size of the government. They're wrong. The central issue is whom the government is for. Consider the new spending bill Congress and the President agreed to a few weeks ago. It's not especially large by historic standards. Under the $1.1 trillion measure, government spending doesn't rise as a perce...Read More
Nearly 1 in 10 U.S. Families Don't Exchange Holiday Gifts … Forty-four-year old Michelle Morton's Christmas celebration probably doesn't look like yours — but you might wish it did. That's because, for the past few years, the Raleigh, N.C., resident and her sisters and husband have instituted a no-gift policy for the holidays. "It was stressful and expensive gettin...Read More
The Government Problem … Some believe the central political issue of our era is the size of the government. They're wrong. The central issue is whom the government is for. Consider the new spending bill Congress and the President agreed to a few weeks ago. It's not especially large by historic standards. Under the $1.1 trillion measure, government spending doesn't rise as a perce...Read More
U.S. Stocks Rise; Dow Ends Above 18000 … Strong U.S. GDP Data Fuel Stock-Market Gains The DJIA hits a milestone following strong GDP data …The Dow Jones Industrial Average closed above 18000 for the first time Tuesday after data showed the U.S. economy posted its strongest growth in more than a decade. The blue-chip index climbed 64.73 points, or 0.4%, to 18024.17, marking its 36th rec...Read More
OPEC will not cut output even at $20 a barrel … OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not, Saudi Arabia said. "Whether it goes down to $20 a barrel, $40, $50, $60, it is irrelevant," the kingdom's Oil Minister Ali al-Naimi said in an interview with the Middle East Economi...Read More
U.S. Stocks Rise; Dow Ends Above 18000 … Strong U.S. GDP Data Fuel Stock-Market Gains The DJIA hits a milestone following strong GDP data …The Dow Jones Industrial Average closed above 18000 for the first time Tuesday after data showed the U.S. economy posted its strongest growth in more than a decade. The blue-chip index climbed 64.73 points, or 0.4%, to 18024.17, marking its 36th rec...Read More
OPEC will not cut output even at $20 a barrel … OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not, Saudi Arabia said. "Whether it goes down to $20 a barrel, $40, $50, $60, it is irrelevant," the kingdom's Oil Minister Ali al-Naimi said in an interview with the Middle East Economi...Read More
Central Bankers Weren't Meant to Be Heroes … The U.S. recovery is starting to look halfway respectable. Europe's economies, meanwhile, face the risk of a third recession in seven years. There's a lesson in that contrast: Good economic policy means never having to ask your central bank to be a hero … Sadly … heroic central bankers are all too likely to remain in demand...Read More
Prosecute Torturers and Their Bosses … Since the day President Obama took office, he has failed to bring to justice anyone responsible for the torture of terrorism suspects — an official government program conceived and carried out in the years after the attacks of Sept. 11, 2001. He did allow his Justice Department to investigate the C.I.A.'s destruction of videotapes of torture s...Read More
Central Bankers Weren't Meant to Be Heroes … The U.S. recovery is starting to look halfway respectable. Europe's economies, meanwhile, face the risk of a third recession in seven years. There's a lesson in that contrast: Good economic policy means never having to ask your central bank to be a hero … Sadly … heroic central bankers are all too likely to remain in demand...Read More
Prosecute Torturers and Their Bosses … Since the day President Obama took office, he has failed to bring to justice anyone responsible for the torture of terrorism suspects — an official government program conceived and carried out in the years after the attacks of Sept. 11, 2001. He did allow his Justice Department to investigate the C.I.A.'s destruction of videotapes of torture s...Read More
Investigators Said to Seek No Penalty for C.I.A.'s Computer Search … A panel investigating the Central Intelligence Agency's search of a computer network used by staff members of the Senate Intelligence Committee who were looking into the C.I.A.'s use of torture will recommend against punishing anyone involved in the episode, according to current and former government officials....Read More
Colombia Is One Of Latin America's Most Promising New Tech Hubs … Ten years ago, the idea that Colombia would become a burgeoning hub for any dynamic industry beyond its notorious drug trade would have struck most observers as far-fetched. As recently as the turn of the century, conventional wisdom had it that the tropical, Andean nation was on the verge of becoming a failed state. Fast...Read More
Investigators Said to Seek No Penalty for C.I.A.'s Computer Search … A panel investigating the Central Intelligence Agency's search of a computer network used by staff members of the Senate Intelligence Committee who were looking into the C.I.A.'s use of torture will recommend against punishing anyone involved in the episode, according to current and former government officials....Read More
Colombia Is One Of Latin America's Most Promising New Tech Hubs … Ten years ago, the idea that Colombia would become a burgeoning hub for any dynamic industry beyond its notorious drug trade would have struck most observers as far-fetched. As recently as the turn of the century, conventional wisdom had it that the tropical, Andean nation was on the verge of becoming a failed state. Fast...Read More