A responsible financial institution would not extend a new loan of between $17 and $40 billion to a borrower already struggling to pay back an existing multi-billion dollar loan. Yet that is just what the International Monetary Fund (IMF) did last month when it extended a new loan to the government of Ukraine. This new loan may not make much economic sense, but propping up the existing Ukrainian government serves the foreign policy agenda of the U.S. government.
"America and the West have a historic opportunity to negotiate a nuclear agreement that will promote peace in the Middle East and the world. It will give your country, Iran, a brighter future. What do you say to that?"
Winter is over! Winter is over! Excuse the jubilation, but we ink-stained wretches love the ritual excitement that occurs every spring. This spring is extra exciting, because it comes with our big quadrennial first sighting of a red nose popping out of the presidential wannabe clown car.
The incongruous way media have chosen to cover the physical punishment in boxing and mixed martial arts on the one hand, and football on the other, is enough to give anyone who cares about sports a serious headache.
Senator Barack Obama excited his liberal base by passionately reciting scathing polemics against individualism, soaring verses about some vague oceans calming and undecipherable humblebrag about "we are the ones we've been waiting for."
A 6th grader in East Texas recently challenged state lawmakers to do what she and every other public-school kid have to do during testing season: "Sit in a room for up to four hours, without talking, writing, drawing, reading, or using your cell phone." Because millions of children are taking Common Core standardized tests this time of year, I did her one better. I took a 4th-grade English Language Arts practice test. The good news is I passed.
You might want to stuff your pants pockets with sand and hang onto the rail as the ship of state lurches towards the distinct possibility that the next election to command the helm will be between Jeb Bush and Hillary Clinton. The brother versus the wife. Sounds like a probate lawsuit.
On April 13, 2005 the House of Representatives voted overwhelmingly, 272 to 162, to permanently repeal the federal estate tax, also known as the death tax. But in the ten years since, they have all but dropped the issue. A stunning 236 of the current members of the House have never had an opportunity to vote on it. Fortunately, the Ways & Means Committee under Chairman Paul Ryan (R-Wis.) will soon consider a bill, H.R. 1105, written by Reps. Kevin Brady (R-Texas) and Sanford Bishop (D-Ga.) that would repeal the death tax. House leadership should bring it to the floor ...
We all know that the 2016 campaign will cost way more money than ever before - $10 billion is the latest head-spinning estimate - and that the reform laws aimed at curbing fat-cat clout have virtually collapsed. But still, it was shocking last week when the nation's top watchdog said that she's powerless to police the new Wild West.
I had never really thought about such books existing, but the May 8 "Newsweek" reports that Amish romance novels are big business, accounting for as much as half of the inspirational fiction market and involving dozens of new titles each month.