No one knows for certain, but many experts speculate that radical changes are approaching in Cuba faster than anytime since 1959. In 2006 Fidel Castro, the “historic leader of the Revolution,” stepped down and offered his position as head of the state to his brother Raul Castro. I remember watching in Havana what the Cuban … Continue reading
On February 15, 2013 the House Energy and Commerce committee held a hearing to look into the role of states and the protection of the environment under current law. The delegation of power between the state and federal government is one of the most prominent debates in American history. It is a debate that is … Continue reading
There has been some political buzz lately on how a carbon tax would affect the U.S. economy. Some of this is due to the recent introduction of climate legislation by Senators Bernie Sanders (I-VT) and Barbara Boxer (D-CA), chairman of the Senate Committee on Environment, on February 14th. Provisions of this two-part bill, the Climate … Continue reading
The short answer is: maybe. On Wednesday, during the Senate Banking Committee hearing, Senator Elizabeth Warren grilled Federal Reserve Chairman Ben Bernanke on the $83 billion implicit subsidy that big banks receive from low interest rates. That night, Fox Business News’ Gerri Wilson misquoted the figure, expressing outrage over the “$83 trillion dollars, you know, … Continue reading
Why is the prison population in the United States so high compared to other countries? While the U.S. represents about five percent of the world’s population, it houses nearly 25 percent of the world’s prisoners. It may be the cas, then, that the high incarceration rate in the U.S. is a sign of our advanced society with … Continue reading
Today, February 26, both the Federal Housing Finance Agency (FHFA) and S&P/Case-Shiller came out with their respective Housing Price Indexes and both reflect a vibrant, growing housing sector. S&P/Case-Shiller reported a national 7.3% increase in home prices for 2012, and 19 of the 20 cities used to calculate the City Composite had positive year-over-year growth, … Continue reading
In his State of the Union address, President Obama unveiled his administration’s goal to introduce universal preschool for children four years of age, from low and moderate-income families. To finance this, the White House’s goal is to allocate federal funds to states based on their share of four-year olds from low- and moderate-income families, as … Continue reading
And so we enter another manufactured financial crisis here in Washington. The U.S. government is on the precipice of implementing massive spending cuts to federal programs. Totaling $1.2 trillion over the next decade, these cuts, known as (cue the headline buzzword) the “sequester,” will cut nearly every federal program’s budget by 8.2%. Both the left … Continue reading
Almost two weeks ago the president delivered the State of the Union and talked about many of the domestic issues affecting us today and how he intends to solve them. The president only talked about foreign policy towards the end of his speech and mentioned every single region of the world, except Latin America. Sadly, … Continue reading
It is said that “knowledge is power”, and in today’s globalized, high tech, digital world this is truer than ever. Never has information been more accessible and, at the same time, more valuable than in the 21st century. As the rising superpower it is, the People’s Republic of China is demonstrating with its intelligence structure … Continue reading
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