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By a vote of 36 against, 0 in favor, with 19 abstentions, Cyprus lawmakers today rejected a provision that would have made a proposed $8.7 billion bailout contingent upon taking 6.75 percent of the value of all bank deposits. European Member of Parliament Daniel Hannan gave...

As part of a financial aid package from the European Union, Cyprus is being asked to confiscate up to 10 percent of bank deposits. Cyprus’ savers bear brunt of unprecedented bailout The euro zone agreed on Saturday to hand Cyprus a bailout worth 10 billion...

The Obama Administration puts up a forest of shiny objects that can make important developments hard to see. While  Obama’s Press Secretary Jay Carney stresses over who-did-what on the cancellation of White House tours, conservative firebrand Tammy Bruce has been sounding the alarm on some...

1) Water, water everywhere At the Times of Israel, editor David Horovitz writes about how Israel’s dealt with its water crisis. (h/t Yaacov Lozowick) “How did we beat the water shortage? Because we said we would. We decided we would,” says Kushnir, a big man...

California made a move yesterday that makes about as much sense as throwing away your telescope to get back at that meteor for hitting Russia. And yet, in California, it’s strictly business as usual (via LA Times): The nation’s biggest public pension fund is taking a...

On the syllabus of my Econ 101 class was Paul Ehrlich’s The Population Bomb.  This being a year or two after the book’s publication, our class discussions weren’t debates about the veracity of the book’s thesis: In the 1970’s the world will undergo famines—hundreds of...

Thomas Jefferson thought that the best insurance against future tyrannies was an educated populace.  Historical ignorance is a petri dish that grows a lot of strange and destructive ideas. To wit: Silvio Berlusconi. Former prime minister Silvio Berlusconi triggered outrage from Italy’s political left on...

Progressive gun control advocates were clamoring for more liberty-crushing legislation immediately after the slaughter of the young students and teachers at Connecticut’s Sandy Hook Elementary School. Meanwhile, others cry “white privilege” because most mass shooting suspects are white. Yet, one critically important aspect continues to get...

From Gabriella Hoffman, the daughter of Soviet immigrants, two gems. If they could laugh in the face of Soviet Russia … This is hilarious! I can totally relate as a daughter of Soviet immigrants – Yakov Smirnoff ~ Very funny: youtu.be/5GK8ewRec7c via @youtube — Gabriella...

Suffering through the top story in the arts section of yesterday’s Los Angeles Times, I thought of Andrew Breitbart, whom I knew a bit—enough to have had several conversations about how insidiously destructive the mainstream media are to American ideals. Breitbart’s passion and mission in...

I noted the other day that Obama’s “My First Time” video appeared to be a rip off of a similar ad for Vladimir Putin. The Aussies, however, are claiming that one of their candidates was the first to have a first time experience. From The...

It’s a shame that Gloria Allred doesn’t represent herself in court. That way, she could work with both her favorite attorney and her favorite client. Actually, Allred does represent herself every time she calls a press conference with some aggrieved woman or another—whether it’s one...

From Kevin Rennie’s Daily Ructions: Greenwich, Connecticut resident Thomas Peterffy takes to the airwaves today to speak of the blessings of freedom. He’s an authority. Peterffy was born, according to Forbes, in Hungary in 1944 “during a Russian bombing raid.” He made it to America...

Obama attended an anti-Israel conference with Rashid Khalidi.  The L.A. Times will not release the video. Obama was caught on an open mic calling federal employees “slugs.”  CBS News will not release the tape. Obama was caught on an open mic promising the Russians to be more flexible if re-elected,...