A Looming Dementia Crisis?

There are 101 million people globally who suffer today from dementia, but by 2050 that number will have almost tripled to 277 million. That statistic comes from a new report by Alzheimer’s Disease International aimed at showing just how serious our long-term care challenges are. Reuters has more: Even now, the worldwide cost of dementia […]

White House Drastically Rolls Back Obamacare Expectations

Here’s a shocker: the latest predictions from the Obama administration have the Affordable Cart Act insuring only half the number initially expected. Reuters: The U.S. Department of Health and Human Services now expects 11 million uninsured Americans to obtain coverage next year, down from about 22 million projected a year ago, according to the report, […]

Turkey Cooling Fast on EU

It’s not just European countries that are less enthusiastic about the EU: a poll just released by the German Marshall Fund of the United States (GMF) and the Italian Compagnia di San Paolo shows an unmistakable trend in Turkey: 44 percent of Turkish respondents said EU membership would be a good thing, down from 48 percent […]

US & Iran Warm Up But Not Everyone Is Happy About It

On the eve of the new Iranian President’s first visit to the United States, the media is full of hopeful stories about a diplomatic ending to the nuclear disagreement. The New York Times reports that President Obama sent Hassan Rouhani a letter promising relief from sanctions if Iran would “cooperate with the international community, keep your […]

The Costs of Our Syria Non-Policy

Two stories this morning, both from Reuters, provide more evidence of the costs of President Obama’s Syria non-policy.First, it appears that a sizable exodus of fighters from more moderate organizations to al-Qaeda-affiliated groups like the Nusra Front and the Islamic State of Iraq and the Levant (ISIL) is underway in Syria’s north: “This is a […]

As Withdrawal Approaches, Afghanistan Gets Bloody

A senior election official was assassinated in Afghanistan’s Kunduz province on Tuesday, the first killing directly linked to next spring’s critical presidential elections. The Taliban quickly claimed responsibility for the attack on their Twitter feed. Then, in nearby Badakhshan province yesterday, Taliban fighters reportedly killed 10 police and kidnapped 16. Both of these attacks occurred in the […]

More Flops in Electric Car Industry

Two years after the Solyndra bankruptcy scandal, bad green energy investments are still dogging the Obama administration. The latest is Ecotality, which had manufactured charging stations for electric vehicles. It has just filed for bankruptcy and is preparing to auction off all of its assets. Apparently, the electric car market didn’t take off quite as […]

Could A Child Tax Credit Finally Become a Reality?

Some American conservatives are finally getting serious about wooing “Sam’s Club” voters. Republican senator Mike Lee has unveiled a new tax plan that would offer a $2,500 per child tax credit to all parents with dependent children. Lee’s speech introducing the idea was refreshing not only because of its meatiness and substance, but also because it distanced itself […]

Another Fraud Within a Fraud

Executives at the Indiana-based biofuels producer E-Biofuels have enjoyed lavish lifestyles over the past five years, driving Ferraris, buying Picassos and wearing diamonds. These luxuries weren’t the result of hard work and honest profits, but fraud. Now investors and taxpayers alike are out more than $100 million in what federal prosecutors are calling the largest […]

The Paradox of the Healthcare Slowdown

One of the biggest pieces of recent health care news is the slowdown of US spending. We’ve noted that among the biggest factors contributing to this is the rise of high deductible plans, but those plans also have a dark side. The WSJ looks at the high out-of-pocket costs these plans can force on consumers:  At businesses […]

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