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Keyword: leviathan

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  • Game-Changer Leviathan Gas Field Sees Serious Delays

    02/26/2016 11:16:13 AM PST · by bananaman22 · 1 replies ^ | 26-06-2016 | Leviathan
    The massive Leviathan gas field, nestled deep inside the Levantine basin off Israel’s Mediterranean coast, is considered a game-changer for both Israel and Europe, but a wide range of roadblocks is threatening development, and now production will be delayed by at least a year. Political hurdles, regulatory approvals and tricky investment decisions have already put production off until 2019, and there are now fears that all the problems surrounding a discovery that put Israel on the energy map for the first time in history will impact prospects for future foreign investment in the country. As the project landed in controversy,...
  • It’s time to kill the $100 bill

    02/16/2016 11:00:17 AM PST · by TroutStalker · 80 replies
    Washington Post ^ | February 16, 2016 | Lawrence H. Summers
    Harvard's Mossavar Rahmani Center for Business and Government, which I am privileged to direct, has just issued an important paper by senior fellow Peter Sands and a group of student collaborators. The paper makes a compelling case for stopping the issuance of high denomination notes like the 500 euro note and $100 bill or even withdrawing them from circulation. I remember that when the euro was being designed in the late 1990s, I argued with my European G7 colleagues that skirmishing over seigniorage by issuing a 500 euro note was highly irresponsible and mostly would be a boon to corruption...
  • Economic Forecasts and Faux Surprise

    10/27/2015 9:06:28 AM PDT · by jfd1776 · 1 replies
    Illinois Review ^ | October 26, 2015 A.D. | John F. Di Leo
    As this is championship season in sports (yes, its always championship season for some sport), lets begin our discussion with a sports analogy. Over the course of a game, we have seen our beloved Home team riddled with injuries. Our star players have been physically and emotionally clobbered, as the Visitors have used every tool at their disposal against us, regardless of the rule book. They tripped and tackled our starters, given us two broken legs and three broken arms, driving five of our best out of the game. Kicking our boys during time outs, shooting darts from dart guns,...
  • Tracking Down Leviathan

    07/06/2015 8:17:47 AM PDT · by fishtank · 7 replies
    Institute for Creation Research ^ | July 2015 | Tim Clarey, Ph.D.
    Tracking Down Leviathan by Tim Clarey, Ph.D. * What exactly was the leviathan described so vividly in Job 41? Was it a swimming reptile like a plesiosaur or a mosasaur, or something we have yet to unearth? We may never know the answer for certain, but the latest discovery of a large, semiaquatic dinosaur offers another possibility.1 Most specimens of the large theropod dinosaur Spinosaurus, made famous by the Jurassic Park movies as the dinosaur that defeated T. rex, are found in North Africa. Whether an encounter between the two would have had the same result in reality is highly...
  • How the Redefinition of Marriage Serves the Government Leviathan

    06/26/2015 10:32:17 AM PDT · by SeekAndFind · 3 replies
    National Review ^ | 06/26/2015 | By C. C. Pecknold
    THIS ARTICLE WAS FROM TWO DAYS AGO. IT IS JUST AS RELEVANT NOW THAT THE SUPREME COURT HAS MADE ITS DECISION The Supreme Court next week will hand down a decision on whether the Constitution provides citizens the right to same-sex marriage. As recently reported in the New York Times, Jeb Bush pledged, and rightly so, to support further debate irrespective of what the courts say. Whether the Supreme Court plays kick-the-can back to the states or follows the more likely path of inventing legal fictions that turn constitutional silence on marriage into a redefinition of it, conservatives especially should...
  • NSA Domestic Surveillance Program 'Likely' to Expire Tonight, Former Counterterrorism Official Says

    05/31/2015 1:13:33 PM PDT · by 2ndDivisionVet · 32 replies
    ABC News ^ | May 31, 2015 | Erin Dooley and Arlette Saenz
    Key provisions of the PATRIOT Act -- the controversial law that allows the NSA to collect Americans' phone records and secretly track suspected terrorists will likely expire tonight, a former White House counterterrorism official told ABC's George Stephanopoulos on "This Week.""What I think will likely happen tonight is the law will expire," Richard Clarke said Sunday morning. "And then later in the week, the USA Freedom Act, which is essentially the same as the PATRIOT Act with the exception of the telephony metadata program, that act will pass and most of the authorities will be restored." Though the White...
  • Governance is Not for the Squeamish

    12/31/2014 2:41:55 PM PST · by jfd1776 · 3 replies
    Illinois Review ^ | December 31, 2014 A.D. | John F. Di Leo
    In the old country, life was predictable. If your father was a farmer, so were you. If your mother was a maid, so were you. If your father served in the House of Lords, so did you; if your father went off to war, possibly never to return, well so did you. There were exceptions, in that feudal and post-feudal world, but not many. Poverty bred poverty; wealth bred wealth. There wasnt much of a middle class, but merchants children did usually grow up to take over the family bakery, smithy, or cobbler shop, to be merchants themselves. Life was,...
  • Israel's Fortune is Putin's Horror

    11/29/2014 1:40:41 PM PST · by Jan_Sobieski · 19 replies
    New York Post ^ | 02/09/2014 | Arthur Herman
    If you think Vladimir Putin has enough worries on his plate ..., the turmoil in Ukraine and Russias sputtering economy, think again. A new potential source of trouble is brewing out in the eastern Mediterranean one that could not only undermine Putins efforts to rebuild Russias influence in the Middle East, but his current strong hand in Europe. The threat: Israels recently discovered offshore gas deposits one of the biggest global finds of the past decade. Those fields, dubbed Tamar and Leviathan, promise Israel an unprecedented degree of energy independence and a lucrative export market to its Arab...
  • Big Government Works Great... But for Whom?

    11/25/2014 9:38:35 AM PST · by jfd1776 · 2 replies
    Illinois Review ^ | November 25, 2014 A.D. | John F. Di Leo
    Ever since the Depression-era enlargement of the Leviathan, successfully marketed as the "New Deal," conservatives have argued against proposed government programs by shouting Theyre Unconstitutional! and They Dont Work! Such complaints often fall on deaf ears, because the Constitution is barely taught or respected nowadays, and the question of whether they work or not so often appears to be subjective. Perhaps its time for a new approach. I would submit that its time to stop saying that "Big Government Programs Don't Work".... because the fact is, they usually do. It usually isn't that they don't work, it's that they work...
  • 3 Basic Differences Between Conservatism and Neoconservatism

    12/28/2013 4:51:25 AM PST · by Olog-hai · 31 replies
    PJ Lifestyle ^ | December 27, 2013 - 9:00 am | Dave Swindle
    There are a number of differences between conservatives operating in the William F. Buckley Jr./Ronald Reagan tradition and neoconservatives operating in the Irving Kristol/George W. Bush tradition. Here are three, and Ill use Kristols own words to explain it.* Neoconservatives believe the GOP should be converted to embrace a modern democracy, aka a welfare state in the mold of FDR and the Great Society. Neoconservatives dont want to disassemble the federal government in order to rebalance divided powers between federal, state, and local governments; they just think they can pilot Leviathan better than the Democrats.Neoconservatives are largely secular intellectuals...
  • Morality and economics, Pope Francis, and Rush Limbaugh

    11/30/2013 3:59:08 PM PST · by NYer · 123 replies
    Renew America ^ | November 30, 2013 | Matt C. Abbott
    Pope Francis recently issued the apostolic exhortation "The Joy of the Gospel." Click here to read it. Conservative radio personality Rush Limbaugh isn't pleased with the document, calling it "pure Marxism coming out of the mouth of the pope." (Source) I sought comment on the matter from Father John Trigilio Jr., Ph.D., Th.D., president of the Confraternity of Catholic Clergy. Below is Father's analysis (slightly edited). I often listen to Rush Limbaugh and find him to be an intelligent man and an erudite conservative journalist. He uses common sense and logic to expose the fallacious arguments of liberal progressives. Unfortunately,...

    11/27/2013 3:29:16 PM PST · by navysealdad · 187 replies
    Breitbart ^ | 27 Nov 2013, | WILLIAM BIGELOW
    In a far-ranging 50,000 word statement released by Pope Francis on Tuesday, he illustrated that he is sympathetic to the tenets of liberation theology and hostile to capitalism.
  • Yesterday the Middle East changed forever, and you didnt know it (Israel producing natural gas)

    03/31/2013 4:26:04 PM PDT · by 2ndDivisionVet · 30 replies
    Legal Insurrection ^ | March 31, 2013 | Professor William A. Jacobson
    Israel now is pumping natural gas from one of the enormous offshore fields which will transform Israel into an energy-independent nation and a global energy powerhouse: Natural gas from the offshore Tamar field was pumped to Israeli shores for the first time Saturday, four years after its discovery, in preparation for its first use in the Israeli energy market a move that could transform the Israeli economy. The Tamar deposit, discovered in 2009 some 90 kilometers west of Haifa, holds an estimated 8.5 trillion cubic feet of natural gas. On Saturday, hailed an important day for the Israeli economy...
  • Gas from Israels Tamar field starts flowing

    03/30/2013 3:41:14 PM PDT · by RoosterRedux · 9 replies
    JERUSALEM: Natural gas from the Tamar field off Israels Mediterranean shores began flowing yesterday, the head of a partner in the field said in a statement. Israel, once energy poor, is expected to become a gas exporter by the end of the decade, with the Tamar field holding enough reserves to meet the countrys gas needs for decades. The gas discovery in 2009 led to an exploration frenzy in the Levant Basin shared between Israel, Cyprus and Lebanon and the uncovering of a second bigger find, Leviathan, which prompted Israel to set up a natural gas wealth fund....
  • This Natural Gas Find Could Completely Change the World As We Know It (Israel-Cyprus)

    11/03/2013 2:23:59 PM PST · by haffast · 15 replies
    The Motley Fool ^ | November 3, 2013 | Tyler Crowe
    One thing that makes the energy sector so intriguing is the constant overlap between markets and politics. In many ways, energy security is synonymous with national security, and the supply and demand needs of the oil market can make the most unlikely bedfellows. One country that has been at the center of energy and politics for decades has been Israel. For years the country has been dependent upon foreign energy sources, but a major discovery by Noble Energy (NYSE: NBL ) and its partners has turned this situation on its head. Let's look how this massive natural gas find could...
  • No need to fear the dreaded government shutdown

    10/01/2013 8:07:52 AM PDT · by jfd1776 · 7 replies
    Illinois Review ^ | October 1, 2013 A.D. | John F. Di Leo
    When budget negotiations come down to the wire sorry, I mean the Continuing Resolution negotiations, since we havent had an actual budget in forty years the Democrats always use the same mantra: Those Wascally Wepublicans are forcing a government shutdown! As if we should all be shaking in our boots at the prospect of the federal government shutting down for an hour, let alone a few days, or even a week or two. But should we really worry, and should we really hold the more adult party the only one, after all, actually trying to RESOLVE our...
  • Richmond CA Proposes $55 Million In Mortgage Cash-out Refi Bailout At Investor/Taxpayer Expense

    08/30/2013 4:10:37 PM PDT · by whitedog57
    Confounded Interest ^ | 08/30/2013 | Anthony B. Sanders
    A while ago, I wrote about why using eminent domain to seize underwater mortgages in Richmond California was bad economics and creates dangerous moral hazard incentives. Now we find out that almost a third of the mortgages targeted for seizure arent even underwater! And 63% were cash-out refinancings where borrowers where borrowers extracted $53 million from their homes. Data shows 31% of the 624 Richmond, CA mortgages being targeted for eminent-domain seizures by Mortgage Resolution Partners arent even underwater, according to a declaration filed in court yesterday by Phillip R. Burnaman II, a managing director at GreensLedge Group. 63%...
  • Addicted To Fed: Retail Sales Rise, Treasury 10yr Yield Jumps Nearly 10 Basis Points

    08/13/2013 9:40:43 AM PDT · by whitedog57 · 2 replies
    Confounded Interest ^ | 08/13/2013 | Anthony B. Sanders
    Global sovereign yields jumped almost 10 basis points (except for Greece). wbm081313 And as of 11am EST, the US Treasury 10 year yield rose almost 9 basis points as retail sales rose in July for a fourth consecutive month. ust10081313 The US Treasury yield curve steepened (of course, it looks like the Treasury 10 year yield increase since the short-end of the curve is low and seemingly constant). 102081313 The Fannie Mae 3.0% agency MBS continues its fall from May 1, 2013. I reach a plateau since mid July but may start falling again. fannie3081313 And the Dow Jones is...
  • The Demise of Legitimate Political Authority

    07/01/2013 1:20:27 PM PDT · by NYer · 7 replies
    Crisis Magazine ^ | July 1, 2013 | Christopher Manion
    Some forty years ago, in his groundbreaking study, Twilight of Authority, sociologist Robert Nisbet observed a disturbing trend in American culture. As respect for authority had declined among the population, he wrote, members of that population became increasingly willing to accept and actually applaud an increasingly powerful, albeit less legitimate, governmentThe notion of true authority, Nisbet wrote, assumes the strength of two essential social qualitieshierarchy, and privacy. Yet both are fading before our eyes.For Nisbet, the egalitarian agenda of the elitesespecially the liberal intelligentsiais a driving engine of social collapse. It crushes a rich, varied, and multidimensional culture featuring an...
  • Israel pushed to spell out gas export plan

    05/20/2013 7:30:48 AM PDT · by haffast · 3 replies
    UPI ^ | May 17, 2013 at 3:26 PM | UPI
    TEL AVIV, Israel, May 17 (UPI) -- Nobel Energy of Houston, which discovered Israel's big natural gas fields in the eastern Mediterranean, is pressing the government to decide on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility. Israel's deep-water Tamar field, found in 2009 and containing an estimated 9 trillion-10 trillion cubic feet of gas, began production March 31. But Nobel and Israeli partner Delek Energy, the team that discovered Tamar and other fields off Israel, is reluctant to develop the much bigger Leviathan field, found in 2010, until it the government makes...
  • Turkish energy hub plan faces hurdles (Israel,Syria,Lebanon,Cyprus)

    05/10/2013 11:32:54 AM PDT · by haffast · 5 replies
    UPI ^ | May 9, 2013 at 4:45 PM | UPI
    TEL AVIV, Israel, May 9 (UPI) -- Israel's rapprochement with onetime strategic ally Turkey is a vital element in Ankara's drive to become the intercontinental east-west energy hub in the Mediterranean and many expect it to produce an energy alliance that will transform the region. Turkish Prime Minister Tayyip Recep Erdogan has, since taking power in 2002, transformed his country's economic prospects through a wide-ranging diplomatic drive aimed at restoring Turkish leadership in the region. He has long sought to transform Turkey, which has no energy resources of its own, into the unassailable central hub for transporting oil and gas...
  • The Main Street Fairness Act Punishes Innovation In The Name Of Fairness (Internet Tax)

    04/24/2013 8:07:38 AM PDT · by whitedog57 · 15 replies
    Confounded Interest ^ | 04/24/2013 | Anthony B. Sanders
    The Internet Sales Tax (aka, The Main Street Fairness Act) is a blatant attempt to punish innovation in the name of fairness. and other internet retailers have changed the face of retail marketing by allowing products to be delivered to you home rather than have you travel to the product (such as a shopping mall and big box retailers like Best Buy). Retailers such as Best Buy (BBY), Sears (SHLD), Office Depot (ODP), Barnes & Noble (BKS), RadioShack (RSH) and even Gamestop (GME) have seen declines in sales and are trying to re-think their retail strategies in 2013. To...
  • Israel, Turkey find way forward on flotilla money

    04/22/2013 6:30:17 PM PDT · by haffast · 3 replies
    Associated Press ^ | 4-22-20133 | SUZAN FRASER
    ANKARA, Turkey (AP) In a step toward restoring ties, former allies Turkey and Israel agreed Monday on the "methods and principles" of working out compensation payments for the victims of a deadly 2010 Israeli raid on a Gaza-bound aid flotilla, Turkey's deputy prime minister said. Eight Turks and one Turkish-American were killed and several other pro-Palestinian activists were wounded when Israeli commandos stormed the ship Mavi Marmara while stopping an international flotilla trying to breach a blockade of the Gaza Strip. The incident, which also wounded seven Israeli soldiers, increased tensions between the once close allies and led to...
  • US finalizing arms sales to Israel, Arab nations - ($10 Billion, Hagel,Saudis,UAE)

    04/19/2013 12:45:45 PM PDT · by haffast · 12 replies
    Associated Press ^ | 4-19-2013 | ROBERT BURNS and DONNA CASSATA
    WASHINGTON (AP) The Defense Department is working out final details of $10 billion in sales of warplanes, transport aircraft and advanced missiles to Israel and two Arab nations amid concerns about the growing threat from Iran and its disputed nuclear weapons program, Pentagon and congressional officials said Friday. The U.S. has spent the past year negotiating with Israel, Saudi Arabia and the United Arab Emirates on the deals, which come ahead of Defense Secretary Chuck Hagel's visit to the Middle East starting Sunday. The officials said the United States will sell to Israel an undisclosed number of KC-135 aerial...
  • Misreading the Fiscal Cliff. No one, including Republicans, is focusing on the right issues.

    11/21/2012 7:18:02 AM PST · by SeekAndFind · 13 replies
    National Review ^ | 11/21/2012 | Michael Tanner
    The fiscal cliff is now less than six weeks away. Negotiators are reportedly locked away behind closed doors working on a grand bargain to avoid the tax hikes and spending cuts that will hit on January 1. Most of the debate so far has centered on how best to raise taxes on the wealthy: whether to increase tax rates, as the president demands, or eliminate deductions and loopholes, as some Republicans seem to be open to considering. Unfortunately, these priorities are almost entirely upside down. Therefore, let me offer some unsolicited advice for the negotiators: You cant hike taxes on...

    11/17/2012 10:35:47 AM PST · by walford · 39 replies
    The CATO Journal ^ | Fall 1994 | Bruce Bartlett
    "...began distributing the grain for free. The result was a sharp increase in the influx of rural poor into Rome... ...The expansion of the dole is an important reason for the rise of Roman taxes... ...the demand for revenue led to debasement of the coinage. Revenue was needed to pay the increasing costs of defense and a growing bureaucracy. However, rather than raise taxes, Nero and subsequent emperors preferred to debase the currency by reducing the precious metal content of coins. This was, of course, a form of taxation; in this case, a tax on cash balances... ...The war against...
  • "The New Leviathan: HOW LEFT-WING MONEY ... SHAPES American Politics & THREATENS America's Future"

    07/09/2012 3:13:45 AM PDT · by Yosemitest · 3 replies
    C SPAN 2 Book TV ^ | June 22, 2012 | David Horowitz
    "The New Leviathan:""How the Left-Wing Money-Machine Shapes American Politics""and Threatens America's Future" By David Horowitz and Jacob Laksin David Horowitz contends that tax-exempt organizations of the political left,who present themselves are more aligned with the concerns of the poor and working class than conservative groups and the Republican Party, have assets over 100 hundred billion dollars and outspend conservatives seven to one. The author argues that the Left has used their finances to promote a progressive agenda that has transformed the political landscape. David Horowitz speaks at the Four Seasons in Los Angeles.
  • The Most Sensible Tax of All (Massive Carbon Tax Set for Zero's 2nd Term)

    07/05/2012 10:10:16 AM PDT · by mojito · 34 replies
    New York Slimes ^ | 7/4/2012 | YORAM BAUMAN and SHI-LING HSU
    ON Sunday, the best climate policy in the world got even better: British Columbias carbon tax a tax on the carbon content of all fossil fuels burned in the province increased from $25 to $30 per metric ton of carbon dioxide, making it more expensive to pollute. This was good news not only for the environment but for nearly everyone who pays taxes in British Columbia, because the carbon tax is used to reduce taxes for individuals and businesses. Thanks to this tax swap, British Columbia has lowered its corporate income tax rate to 10 percent from 12...
  • 'Our Enemy, The State' by Albert Jay Nock

    07/24/2011 6:13:24 AM PDT · by Neville Chamberlain · 10 replies
    American Dream WAAM 1600 ^ | 2011-7-23 | Darrin Moore
    Know the difference between the State and government? Another short segments distilling down the cornerstone books from our conservative heritage Nock inspired Buckley, C.S. Lewis, Hayek, Kirk et al. with his groundbreaking 1935 book 'Our Enemy, The State'. The book launched a full-frontal intellectual assault on the perverted use of the law to advantage some at the expense of others.
  • The Warring Nature of Man and State - For you shall be as gods

    07/11/2011 7:46:01 AM PDT · by truthnomatterwhat · 4 replies
    Jonas Clark's Revolutionary Review ^ | July 11, 2011 | Jonas Clark
    The state is a collective of men. Going back to the beginning there was only one family, the family of God. There was only one government, the government of God. In the beginning it was God ruling over man. It was only after Cains rebellion that the division of kingdoms came into being. Cain refused to be governed by God and left to build the first city-state of man ruling over man secular government. Because man wants to be a god, determining good and evil for themselves, lawlessness in society increases as the god-man rebels against the rule of law....
  • Leviathan (Uncle Sam employs more people than you think)

    02/03/2011 7:22:14 AM PST · by SeekAndFind · 18 replies
    National Review ^ | 02/03/2011 | Iain Murray
    How many Americans work in government? Thats a difficult question to answer. Officially, as of 2009, the federal government employed 2.8 million individuals out of a total U.S. workforce of 236 million just over 1 percent of the workforce. But its not quite as simple as that. Add in uniformed military personnel, and the figure goes up to just under 4.4 million. There are also 66,000 people who work in the legislative branch and for federal courts. That makes the figure around 2 percent of the workforce. Yet even that doesnt tell the full story. A lot of government...
  • Largest natural gas reserve discovered in Israel worth approximately $95 billion

    12/29/2010 5:36:01 PM PST · by Nachum · 40 replies · 9+ views
    haaretz ^ | 12/29/10 | Avi Bar-Eli, Lior Zeno and Yaron Cohen Zemah
    The largest reserve of natural gas, over 16 trillion cubic feet, has been discovered off the coast of Israel, and is estimated to be worth more than $95 billion, U.S. company Noble Energy Inc. announced on Wednesday. Noble Energy owns 39.66% of the prospective discovery, alongside Israeli partners Delek Group Ltd. units Avner Oil and Gas LP and Delek Drilling LP (22.67% each), and Ratio Oil Exploration (1992) LP with 15%. The reserve, Leviathon, is the largest amount of natural gas discovered in the world in the last decade and is located in approximately 5,400 feet (1,645 meters) of water,...
  • The New Big Oil and Gas Find (Israel)

    09/16/2010 4:46:11 AM PDT · by Perseverando · 28 replies
    Forbes Magazine ^ | September 27, 2010 | Christopher Helman
    Israel's offshore oil and gas fields could mean decades of self-sufficiency, and big profits for Noble Energy and its billionaire partner. All big oil and gas fields have geopolitical significance, but in recent years we haven't seen one with the potential to matter more than Leviathan--a prospect off the coast of northern Israel. Noble Energy in Houston will begin drilling a $150 million well into Leviathan in October. Noble's partners on the well, subsidiaries of billionaire Yitzhak Tshuva's Delek Group, announced in late August that Leviathan is estimated to contain 16 trillion cubic feet of easily recoverable gas, while its...
  • The beginning of the great deconstruction of government (Leviathan news)

    09/06/2010 5:51:50 AM PDT · by theBuckwheat · 9 replies · 1+ views ^ | 09/05/2010 | Robert J. Cristiano
    ...The wave is building and when it reaches our shores, it will hit with the force of a tsunami. The wave is propelled by government spending and crested with unfunded pension obligations. The Pew Center on the States wrote in The Trillion Dollar Gap (February 2010), A $1 trillion gap exists between the $3.35 trillion in pension, health care and other retirement benefits states have promised their current and retired workers as of fiscal year 2008 and the $2.35 trillion they have on hand to pay for them. Like any tsunami, the wave began long ago and very far out...
  • 'Sea monster' whale fossil unearthed

    06/30/2010 9:36:54 PM PDT · by shibumi · 18 replies
    BBC News ^ | June 30, 2010 | Pallab Ghosh
    Researchers have discovered the fossilised remains of an ancient whale with huge, fearsome teeth. Writing in the journal Nature, the scientists have dubbed the 12 million-year-old creature "Leviathan". It is thought to have been more than 17m long, and might have engaged in fierce battles with other giant sea creatures from the time. Leviathan was much like the modern sperm whale in terms of size and appearance. Continue reading the main story At the same time in the same waters was another monster... they might have fought each other Dr Christian de Muizon Natural History Museum, Paris But that is...
  • Leviathan's Loot (Bad news for the Brits, and it's coming our way)

    06/30/2010 7:05:29 AM PDT · by SeekAndFind · 25 replies
    American Thinker ^ | 06/30/2010 | Vasko Kohlmayer
    Last week the British government announced that the VAT -- a form of a sales tax -- will go up from 17.5 percent to 20 percent. This is bad news for the Brits. It comes only two months after it was announced that the top income tax bracket would be 50 percent. That bracket includes everyone who makes more than 150,000 ($220,000) per year. This means that every British citizen who earns more than 150,000 will see a half of his income confiscated by the government straight off. From what remains, he will have to pay an additional 20...
  • A geopolitical game changer (Israel found a gigantic deposit of natural gas called Leviathan!)

    06/12/2010 12:05:43 PM PDT · by neverdem · 38 replies · 1,256+ views
    Haaretz ^ | 11.06.10 | Gal Luft
    A door has been closed. But amid the roar, the creak of an opening window was faintly audible. This window, a gigantic deposit of natural gas called Leviathan, 6.5 times the size of Tel Aviv, was found, roughly 100 nautical miles from where the flotilla fiasco took place and well within Israel's extended territorial waters. An old adage says that when God closes a door, somewhere he opens a window. To most people, last week's events off the coast of Gaza marked a sharp decline in Israel's strategic posture. The Mavi Marmara incident sparked international condemnation and delivered what may...
  • Glenn Harlan Reynolds: Consent of the governed - and the lack thereof

    03/07/2010 9:27:29 AM PST · by DogByte6RER · 9 replies · 89+ views
    Washington Examiner ^ | March 7, 2010 | Glenn Harlan Reynolds
    Glenn Harlan Reynolds: Consent of the governed - and the lack thereof By: Glenn Harlan Reynolds Sunday Reflections Contributor March 7, 2010 Our Declaration of Independence observes: "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. -- That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, -- That whenever any Form of Government becomes destructive of these ends, it is the Right of...
  • N.H. High Court to Hear Case of Girl Ordered Out of Homeschooling

    11/25/2009 2:52:32 PM PST · by Ranald S. MacKenzie · 48 replies · 1,713+ views
    The Christian Post ^ | November 25, 2009 | Lillian Kwan
    The New Hampshire Supreme Court has agreed to take up the case of a Christian girl who was ordered out of homeschooling and into a public school. Attorneys for 10-year-old Amanda Kurowski argue that the lower court judge overstepped its authority when it determined that it would be in the best interest of the student to explore and examine new things, other than Christianity. "Courts can settle disputes, but they cannot legitimately order a child into a government-run school on the basis that her religious views need to be mixed with other views. Thats precisely what the lower court admitted...

    10/12/2009 9:41:55 PM PDT · by Huck · 26 replies · 792+ views ^ | December 13, 1787 | Brutus
    Antifederalist No. 32 FEDERAL TAXATION AND THE DOCTRINE OF IMPLIED POWERS (PART I) A powerful rebuttal of Hamilton, the logic of Brutus can be found in a supreme Court decision of 1819, McCulloch v. Maryland. Taken from "Brutus" fifth essay, The New-York Journal of December 13, 1787. This constitution considers the people of the several states as one body corporate, and is intended as an original compact; it will therefore dissolve all contracts which may be inconsistent with it. This not only results from its nature, but is expressly declared in the 6th article of it. The design of the...
  • Obama's permanent depression

    10/07/2009 3:19:05 AM PDT · by Leisler · 25 replies · 1,442+ views
    Asia Times ^ | Oct 6, 2009 | David P Goldman
    President Barack Obama may be remembered for permanent depression, the way that Leon Trotsky's name is linked with permanent revolution. Fiscal stimulus combined with near-zero interest rates have proven to be a toxic cocktail for the United States, the macroeconomic equivalent of barbiturates and alcohol. Keynesian spending creates a deficit that sucks all the available capital out of the grassroots economy and transfers it to the Treasury market. Easy funding terms from the Federal Reserve allow financial institutions to make money in government bonds while shutting off credit to the rest of the economy. It's classic crowding out,........(rest at link)
  • Unusual and Marvelous Maps

    08/16/2009 7:15:48 PM PDT · by BGHater · 26 replies · 3,922+ views
    DRB ^ | 15 Aug 2009 | Simon Rose
    Hideous monsters devouring ships? Old map symbols, correctly showing storm fronts & dangerous currents Ive always been fond of maps, from those antique ones showing sea serpents and hideous monsters devouring ships in the vast expanses of the ocean, to those showing what the world looked like in the distant, and not so distant, past. Maps have, of course, been with us in one form or another, for a long time. Jerusalem is in the center - from "Itinerarium Sacrae Scipturae", by Heinrich Bunting, 1545-1606 Heres a world map according to Posidonius, from around 150-130 B.C. - Ptolemy's version of...
  • Britain is no longer a Christian nation

    06/27/2009 8:47:22 PM PDT · by ozguy · 11 replies · 837+ views ^ | 27 Jun 2009 | Rt Rev Paul Richardson
    If recent trends are any guide, many Church of England parishes will have been cheered by higher attendances at Easter services. The last published statistics for 2006/7 show rises of 7 and 5 per cent in church going at Christmas and Easter. But these figures are just about the only signs of hope for the church and certainly not the first green shoots of a revival. Other statistics make for gloomy reading. Annual decline in Sunday attendance is running at around 1 per cent. At this rate it is hard to see the church surviving for more than 30 years...
  • Dinosaurs May Have Been Smaller Than Previously Thought (Svelteosaurus)

    06/24/2009 4:19:47 AM PDT · by decimon · 32 replies · 1,035+ views
    ScienceDaily ^ | June 22, 2009 | Unknown
    The largest animals ever to have walked the face of the earth may not have been as big as previously thought, reveals a paper published June 21 in the Zoological Society of Londons Journal of Zoology.
  • Largest prehistoric snake slithers into record books

    02/04/2009 10:32:57 AM PST · by Free ThinkerNY · 18 replies · 1,092+ views
    The Financial Times ^ | Feb. 4, 2009 | Clive Cookson
    After the extinction of the dinosaurs 65m years ago, new giants evolved to terrorise life on Earth: snakes as long as a bus and as wide as a door. On Thursday an international scientific team will announce in the journal Nature the discovery of Titanoboa, the largest snake that has ever lived. Its fossils were found in the Cerrejen coal mines of Colombia. Titanoboa was a constrictor like todays boas and anacondas, preying on crocodiles and giant turtles about 60m years ago in what was then a steamy tropical rainforest. At a conservative estimate it grew 13 metres long and...
  • Workers Uncovering Mummified Dinosaur (skin and all)

    03/18/2008 9:01:10 PM PDT · by bruinbirdman · 116 replies · 3,092+ views
    AP ^ | 3/18/2008 | BLAKE NICHOLSON
    Using tiny brushes and chisels, workers picking at a big greenish-black rock in the basement of North Dakota's state museum are meticulously uncovering something amazing: a nearly complete dinosaur, skin and all. Unlike almost every other dinosaur fossil ever found, the Edmontosaurus named Dakota, a duckbilled dinosaur unearthed in southwestern North Dakota in 2004, is covered by fossilized skin that is hard as iron. It's among just a few mummified dinosaurs in the world, say the researchers who are slowly freeing it from a 65-million-year-old rock tomb. "This is the closest many people will ever get to seeing what large...
  • (Poll) 24% Are Both Fiscal and Socially Conservative, 9% Fiscally and Socially Liberal

    11/24/2007 2:44:15 PM PST · by DogByte6RER · 41 replies · 180+ views
    Rasmuseen Reports ^ | Saturday, November 24, 2007 | Rasmussen Reports
    24% Are Both Fiscal and Socially Conservative, 9% Fiscally and Socially Liberal Saturday, November 24, 2007 Forty-one percent (41%) of American voters say they are conservative when it comes to fiscal issues such as taxes, government spending, and business regulation. A Rasmussen Reports national telephone survey found that 43% consider themselves fiscally moderate and 12% say liberal. At the same time, 37% say they are conservative when it comes to social issues like abortion, public prayer, and church-state topics. On such social issues, 30% say they are moderate while 30% say liberal. Sixty-seven percent (67%) of Republicans consider themselves fiscal...
  • Lessons of Waco, Ruby Ridge applied at Plainfield (Ed Brown)

    06/11/2007 6:38:05 AM PDT · by Texas_Dawg · 93 replies · 2,001+ views
    New Hampshire Union Leader ^ | 6/10/07 | Kathryn Marchocki
    Despite the massive show of force authorities displayed last week when they seized the West Lebanon property of convicted tax evaders Edward and Elaine Brown, the avoidance of confrontation with the couple at their Plainfield home suggests law enforcement agencies have learned from mistakes made during earlier federal standoffs at Waco and Ruby Ridge, an expert who tracks militia and radical right-wing movements said. U.S. marshals in New Hampshire appear to be pursuing tactics similar to those used in Montana in 1996, when federal agents successfully negotiated the peaceful surrender of the Montana Freeman after an 81-day standoff, said Mark...
  • Give bigger government a chance

    05/14/2007 3:38:15 PM PDT · by oblomov · 12 replies · 946+ views
    LA Times ^ | 5/13/2007 | Ezra Klein
    ON APRIL 2, this newspaper reported that the Los Angeles Police Department had asked Philip Morris USA for a $50,000 donation to help fund its investigation into counterfeit cigarettes. That makes a lot of sense: If TV cop shows have commercials, why shouldn't real police work have corporate sponsors too (you know, aside from the obvious reasons of favoritism, bias and perverse incentives)? For that matter, what's wrong with wealthy families in La Caada Flintridge, San Marino and other communities holding constant fundraisers to pay for the unfunded needs of their local public schools drama societies and marching bands...
  • As US tax rates drop, government's reach grows

    04/16/2007 8:12:56 AM PDT · by oblomov · 35 replies · 1,298+ views
    CS Monitor ^ | 4/16/2007 | Mark Trumbull
    Maybe the era of big government isn't over, after all. As Americans finish their annual tax-filing flurry to meet a Tuesday deadline, it is true that tax rates are lower than they were a few years ago. But according to a different yardstick, the federal government's reach is expanding. Slightly over half of all Americans 52.6 percent now receive significant income from government programs, according to an analysis by Gary Shilling, an economist in Springfield, N.J. That's up from 49.4 percent in 2000 and far above the 28.3 percent of Americans in 1950. If the trend continues, the...