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Debate Rages Over ‘Something Known as the Debt Ceiling’

The fundamental disagreements between the opposing sides of the debt ceiling debate were on full display Monday night, as President Barack Obama gave a 15-minute address to the Nation, and then House Speaker John Boehner (R-Ohio) gave a five-minute rebuttal.

Wu to Resign After Debt Ceiling Debate

U.S. Representative David Wu, D-Ore., announced Tuesday he would resign from Congress, just days after a news report about him being accused of sexual misconduct. “I cannot care for my family the way I wish while serving in Congress and fighting these very serious allegations,” Wu said in a statement. “The well-being of my children must come before anything else. With great sadness, I therefore intend to resign effective upon the resolution of the debt ceiling crisis.”

Trade May Top Agenda In Indo-Pak Talks

NEW DELHI, July 26 (UPI) — Expanding bilateral trade initiatives between India and Pakistan may be the first steps toward a peace initiative, a regional scholar said. India and Pakistan are to have another round of peace negotiations Wednesday in New Delhi. Both sides during preliminary discussions expressed optimism over the potential outcome. Chintamani Mahapatra, […]

Small Business Owners Believe ObamaCare Will Increase Costs, Taxes

A recent survey of small business owners showed that a large majority of them believed that President Barack Obama’s healthcare overhaul would result in higher premiums.

Obama, Boehner Make Their Debt Ceiling Cases In Speeches

President Barack Obama and Speaker of the House John Boehner (R-Ohio) both made speeches about the debt ceiling debate last night.

‘Inconceivable’: Senator Blasts EPA Funds To China

Senator Jim Inhofe (R-Okla.), the ranking member and former chairman of the Senate Environment and Public Works Committee, recently spoke out against a $718,000 grant from the Environmental Protection Agency (EPA) to China to help the developing country set up environmental standards.

Investigation Reveals US Taxpayer Money Went To Taliban

An unreleased, military-led investigation found that United States funds, provided in part to promote Afghan businesses, were actually directed to the Taliban. The funds were provided under a $2.16 billion transportation contract.

Optimism Could Lower The Risk Of Stroke

Having a positive attitude may not just be good for a person’s mood, but for their overall health as well.

Experts Predict Bright Future For Gold, Silver Prices

As the United States economy continues to struggle and the sovereign debt crisis in Europe continues, some forecasts for gold and silver prices are highly optimistic.

US Embassy in Mexico Unaware of ATF Gun Sting

The U.S. Embassy in Mexico was kept in the dark about a sting operation that fed American guns into the country, a cable revealed Monday shows. In the July 2010 cable, quoted by the Los Angeles Times, the embassy advised the Bureau of Alcohol, Tobacco, Firearms and Explosives to focus on arresting small-time Mexican gun traffickers living legally in the United States rather than drug cartels.


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