Public pensions are an apropos topic on the day of the State of the Union Address (#SOTU) when President Obama will be doing one of the things he does best which is pandering to the unions! This pandering will be particularly evident in an election year when the Obama reelection campaign is looking to raise a record dollar amount of political contributions! The ticking time bomb! Most if not all o...

The Chinese artist Ai Weiwei has said Beijing tax authorities are reviewing their ruling that he pay a multimillion dollar penalty for alleged tax evasion. Absolute nonsense. The taxman is perfect, knows exactly how much we should pay and we should just hand over whatever is demanded. Remember, these are dedicated public servants, without error,

A secretive multi-billion dollar industry is offering cutting-edge systems that enable governments to identify, track and monitor people through their phones and computers, a cache of hundreds of surveillance brochures and other marketing materials reveals. A German company offers the ability to track ‘political opponents’; an Italian company claims it can remotely seize control o...

A little Sunday morning gospel, courtesy of the Million Dollar Quartet minus one..although he was probably there in spirit. Feel free to sing along. You probably know the words.

The euro fell to its lowest level against the dollar this year as doubts about the deal to solve the eurozone debt crisis grow

That, essentially, was what Jon Corzine, ex-governor and ex-Senator from New Jersey had to say when questioned by the a House investigative committee about the high dollar bankruptcy of his firm, MF Global: Corzine faced hostile questioning after being subpoenaed to testify before the House of Representatives' agriculture committee on the bankruptcy of the financial firm and the missing money...

Despite the turmoil in Greece and elsewhere across the eurozone, it is America's currency that is the real underperformer

President Obama has just enacted his latest raid on the American treasury. It's designed to benefit the president by pandering to the student vote at the expense of the American taxpayer. President Obama has announced that he intends to issue an executive order for the federal government to reduce student loan payments to 10 % of a borrower's income above the poverty line, and for total ...

It's now two very loud internet LOLs for me in two days. First there was this, and now this from ABC News, quoted in this piece by Mark Steyn: At a million-dollar San Francisco fundraiser today, President Obama warned his recession-battered supporters that if he loses the 2012 election it could herald a new, painful era of self-reliance in America. There's going to be a new, painful era ...

With the US government borrowing 40 cents of every dollar that it spends – and China the largest foreign buyer of US debt – the Chinese are indirectly funding American military dominance of the Pacific, writes Gideon Rachman