Imagine if a doctor struggled to pay a small debt and as punishment the government took away his stethoscope. Or, if a ballerina owed money and was forced to surrender her toe shoes. Makes no sense, right?
The President of the United States of America announced a peace deal with Iran. It's been so long that American leadership in the world sought peace through diplomacy I forgot we had it in our foreign policy tool box. The last time that occurred to me was on a Spring Break trip to Arkansas, which, granted, is also not an idea that occurs to many people.
The president was talking to America's enemy, extending his hand in the interests of peace, and the war hawks were going nuts. One conservative leader assailed "a weakened president, weakened in spirit as well as in clout." Another conservative leader denounced the president as "a useful idiot for (enemy) propaganda." A top conservative columnist lamented the president's "moral disarmament."
When we were teenagers, my "the South's gonna do it again" younger brother bought into some weird conspiracy theory that Gen. Robert E. Lee didn't really surrender at Appomattox Courthouse, Virginia. Lee supposedly thought he was merely handing his sword over to someone for cleaning. (The deniers who concocted the theory apparently also believed that Europeans never really landed in the New World but just filmed it out in the desert somewhere.)
For decades Democrats have gone to extraordinary lengths to impose new energy taxes. They do not, to put it mildly, have the support of the American people. So they have turned to increasingly complex schemes to pretend the taxes they are advancing are not taxes. They've now reached an unprecedented level of obfuscation: a federal regulatory agency acting without Congress to coerce states into imposing regulations that will bury cost increases in the electricity rate base - and they might get away with it. Congress should therefore act immediately to, if they can't stop what is happening, at least ...
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.