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Will U.S. and EU Sanctions Halt Tehran's Nuclear Ambitions?
January 27th, 2012
While Iran claims its nuclear ambitions are benign—Tehran continues to maintain it is perusing nuclear power for "energy purposes"—the rest of the world has remained skeptical. For years, the international community has grown increasingly alarmed by Tehran's growing ambitions. Mostly they watch, sometimes they speak, and occasionally they act with adequate decisiveness. Among OECD countries, the United States has been the most willing to act. In fact, the United States has maintained some kind of sanctions on Iran—with varying degrees of severity—since the Islamic Revolution in 1979. These have, largely, been to no avail. Analysts generally agree that previous...
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What President Obama Got Right (and Wrong) in the State of the Union
January 25th, 2012
I heard a lot of things I liked during President Obama’s State of the Union address this evening. I also heard a couple of things I didn’t like. I’ll get to those. I want to talk specifically about his statements on corporate taxation. I’ll have to leave his statements on individual taxes to someone else. From the transcript of tonight’s State of the Union: Right now, companies get tax breaks for moving jobs and profits overseas. Meanwhile, companies that choose to stay in America get hit with one of the highest tax rates in the world. It makes no sense, and...
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