Ben Bernanke claimed that state and local government budgets seem to have stabilized, in response to a question by New York Rep. Gregory Meeks about why the economy lost 600,000 public sector jobs. Meeks claimed this would be the equivalent…
Representative Mike Capuano from Massachusetts tried to bait Ben Bernanke by asking, “Am I correct in paraphrasing the chairman by saying that sequestration is stupid?” Bernanke: “I wish you wouldn’t do that.”
Bernanke gave his semi-annual testimony on monetary policy to the Senate Banking Committee today. Below are some notable excerpts from his prepared remarks: “With unemployment well above normal levels and inflation subdued, progress toward the Federal Reserve’s mandated objectives of…
Media Matters and others are making a lot of noise about the conservative aversion to Michelle Obama’s appearance at the Academy Awards. It is true: Laura Bush did appear at the Oscars back in 2002. Watching her appearance and comparing it to Michelle…
Thursday witnessed a confluence of great minds descending upon the Heritage Foundation to discuss Russia in the wake of Obama and Putin’s re-election. Four of those minds made up the discussion panel, and though they came from notably different walks of life (Russian and American,…
Last week marked this season’s first pow-wow between Illinois’ union and legislative leaders regarding what has become known as a pension “funding crisis.” It surprised nobody (least of all Illinois’ Democratic House Speaker, who failed to attend) that this summit…
“Let one spot in this grand country of ours be saved from change!” -Ann Pamela Cunningham, Founder of the Mt. Vernon Ladies’ Association. President’s Day is a grand time to tour Mount Vernon, the home of George Washington. The place…
Zalman Shoval, Prime Minister Netanyahu’s Special Envoy to the U.S. and Europe, held a press conference at the National Press Club yesterday. His talk focused on the newly forming Israeli coalition government under Netanyahu and President Obama’s first state visit to Israel taking place next…
Check out the images of the meteor that hit the Chelyabinsk region of Russia at 9.20 AM local time. 500 people were reportedly injured.
Sarah Palin’s departure from Fox News provided some more tabloid-esque coverage for those who derived pleasure by mocking her colorful public persona. When Roger Ailes declared in a 2011 AP interview that Palin earned her keep “because she was hot…