Chutzpah. I believe that’s the word for it. Just days after learning the Americans have been tapping her phones and taping her conversations, Angela Merkel has been publicly upbraided by the U.S. Treasury for being a bad global citizen. What did she do to deserve this? Merkel just won a …
As America grew in the 1800s from a republic of a few millions, whose frontier stopped at the Mississippi, into a world power, there were constant collisions with the world’s greatest empire. In 1812, we declared war on Britain, tried to invade Canada and got our Capitol burned. In 1818, …
Sen. Carl Levin was aghast. Before his committee sat, unapologetic and uncontrite, Apple CEO Tim Cook, whose company had paid no U.S. corporate income taxes on the $74 billion it had earned abroad in recent years. “Apple has sought the Holy Grail of tax avoidance,” said Levin. “Apple has exploited …
“It is our generation’s task, then, to reignite the true engine of America’s economic growth — a rising, thriving middle class.” So said Barack Obama in his State of the Union. And for one of his ideas to reignite that engine, Republicans applauded. “And tonight, I am announcing that we …
In 1958, Senate Minority Leader William Knowland, his eye on the 1960 GOP nomination coveted by fellow Californian Richard Nixon, went home and declared for governor. Knowland’s plan: Ride to victory on the back of Proposition 18, the initiative to make right-to-work the law in the Golden Land. Prop. 18 …
“The entry into force of the U.S.-Korea trade agreement on March 15, 2012, means countless new opportunities for U.S. exporters to sell more made-in-America goods, services and agricultural products to Korean customers — and to support more good jobs here at home.” Thus did the Office of the U.S. Trade …
Sunday was the first anniversary of the 9.0 earthquake off the east coast of Japan that produced the 45-foot-high tidal wave that hit Fukushima Prefecture. Twenty thousand perished. Hundreds of thousands were driven from their homes when a nuclear plant swept by the tsunami exploded, spewing radiation for miles. Only …
For the third straight year, the median income of the typical American family fell in 2010. Adjusted for inflation, it is back where it was in 1996, the longest period of zero growth since the Depression. And the poverty rate has inched up to 15.1 percent. Both figures, however, should …
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