“NYSR to Sell Itself in $8.2 Billion Deal” was the lead story in the December 21, 2012 edition of The Wall Street Journal.” “The New York Stock Exchange, the cornerstone of American capitalism for 220 years, agreed to be sold as part of an $8.2 billion takeover by IntercontinentalExchange, Inc. If regulators and shareholders approve, the combined company would own 14 stock and futures exchanges and five clearing operations that serve as middlemen between buyers and sellers of futures and other contracts, doing more things in more places than any other rival.
Stellar business news continues to flow seemingly unabated for Louisiana. The latest comes from Southern Business & Development magazine which named our state and Texas as Co-State of the Year for 2013 recipients. And Louisiana is no flash in the pan. The Bayou State has won or shared the magazine’s No. 1 ranking four of the past five years. Southwest Louisiana had a significant role in Louisiana’s ranking.
It is an exciting time in our state as we embark on a new era for health care in Louisiana that will greatly improve care, reduce costs for patients and taxpayers, and better prepare the doctors of tomorrow. We are embarking on this new and exciting era because, in Louisiana, we were faced with the unique challenge of adapting a public-run, statewide charity hospital system to the evolving health care needs of our people. While our one-of-a-kind charity hospital system did tremendous work for decades —successfully serving the people of Louisiana and meeting their health care needs
You might be in a liberal parish if... ...your family has to split up to find the tabernacle. ...the pastor wears an Izod shirt and introduces himself as "Steve." ...there´s maraca´s in the band. ...your pastor´s last name starts with "Pf". ...there´s a bin in the narthex with old copies of Commonweal. ...there´s more than three rainbow decals in the parking lot which actually match the pastor´s vestments.
The letter was unusually harsh. Addressed to Senate Majority Leader Harry Reid and House Minority Leader Nancy Pelosi, it was really intended for President Barack Obama. The letter was not from Mr. Obama´s GOP adversaries but from the presidents of three powerful unions. On July 12, James Hoffa of the Teamsters (1.4 million members), Joseph Hansen of the Food and Commercial Workers (1.3 million members) and D. Taylor of UNITE-HERE (200,000 members, mostly culinary and hotel workers) wrote to complain about the president´s Affordable Care Act.
As the son of immigrants to this country, and as a student of American history, I’m an unapologetic advocate for immigration. I believe immigration is crucial for the health and growth of our nation. That’s why it’s so troublesome to see Washington in the process of botching immigration reform for the umpteenth time. Across the country, we see the ramifications of the broken status quo. Reform is necessary for the future health of the economy and to ensure our border’s security. Business owners are sick and tired of struggling under the current system to make ends meet
Happy Birthday, America! This week we celebrate our country´s birth. Patriots honor America as a republic conceived as a polity in which all may live safely and securely in the enjoyment of their inalienable, God-given rights. We are inspired by the high idealism of the Founders and stirred by the poignant remembrance of all those who have fought, worked, and sacrificed to make the USA the freest and most prosperous country in the history of the world.
President Barack Obama’s climate agenda announced last week represents the latest of many Democratic party efforts to address climate change. Although it includes no new legislation, the president’s plan makes unprecedented use of executive branch powers and offers a great many things that appeal to core Democratic constituencies. Implemented in full, the new power plant carbon rules, further delays in economically beneficial pipeline projects, and added green energy projects would result in a bigger, more intrusive government that exerts greater control over the economy, rewards perceived “good guys,” and punishes supposed “bad guys.”
John Maynard Keynes (1883-1946), godfather of the “stimulus” and the “multiplier,” and Friedrich Hayek (1899-1992), who argued that government intervention in the economy breeds prosperity-killing economic distortions, weren’t just polar opposites in economic theory. They were real-life sparring partners. And as Nicholas Wapshott points out in his double biography, their ideas played themselves out in Great Britain, where both Keynes and Hayek lived and taught, and in the United States, where the economic philosophies of both informed the highest levels of policy-making—at different times, of course.
In coverage leading up to and reporting on the Supreme Court’s decisions last week removing some obstacles to gay marriage, a persistent meme has been that Americans in the last few years are increasingly OK with same-sex marriage. The evidence cited is public opinion polling, like this Gallup poll that shows Americans’ acceptance rolling over the halfway mark about a year ago. But a new white paper from Rice University’s Portraits of American Life Study, which looks at the religious attitudes of the exact same group of 1,294 randomly sampled Americans captured in 2006 and again last year,
Once you get past all of the posturing, opposition to immigration reform among congressional Republicans is at least partially based on self-preservation. There is a widespread belief that Mexican immigrants who become citizens are overwhelmingly disposed to vote Democratic. Newly published research suggests that’s a complete misreading of the facts. According to this analysis, politically engaged Mexicans who move to the U.S. fall all over the ideological spectrum, very much like native-born Americans.
Mitt Romney officially announced his candidacy for president in June 2011. But during the spring of that year, Romney considered scrapping his campaign altogether, as detailed in a soon-to-be-released book about the 2012 presidential campaign by The Washington Post’s Dan Balz. Then in the exploratory committee phase of his campaign, Romney was preparing on a May morning to deliver a speech in Michigan to defend the health care plan he signed into law as governor of Massachusetts and attack President Obama’s federal health care measure.
“Wealth is essentially the accumulation of knowledge,” George Gilder tells me in our new interview. “It requires that government get out of the way, that government not be a noisy force in the economy, distracting entrepreneurs from their creative purposes toward government goals and government distractions.” In his new book Knowledge and Power, the veteran technology author and futurist writes, “Socialists believe their mission is to seize capital for the masses. But the great secret of capitalism is that, detached from a capitalist, there is no capital.”
WASHINGTON — U.S. officials insisted Tuesday that extraordinary security measures for nearly two dozen diplomatic posts were to thwart an “immediate, specific threat,” a claim questioned by counterterrorism experts, who note that the alert covers an incongruous set of nations from the Middle East to an island off the southern coast of Africa. Analysts don’t dispute the Obama administration’s narrative that it’s gleaned intelligence on a plot involving al Qaida’s most active affiliate, the Yemen-based Arabian Peninsula branch. That would explain why most U.S. posts in the Persian Gulf are on lockdown, including the U.
The truth about Benghazi, the Associated Press/James Rosen monitoring, the IRS corruption, the NSA octopus, and Fast and Furious is still not exactly known. Almost a year after the attacks on our Benghazi facilities, we are only now learning details of CIA gun-running, military stand-down orders, aliases of those involved who are still hard to locate, massaged talking points, and the weird jailing of Nakoula Basseley Nakoula. We still do not quite know why Eric Holder’s Justice Department went after the Associated Press or Fox News’s James Rosen — given that members of the administration were themselves illegally leaking
Critics of the president are convinced that Barack Obama will do lasting damage to the U.S. I doubt it. Obama came to power in the third year of large Democratic congressional majorities. In his first referendum, he lost the House and he may soon lose the Senate; in other words, there followed a somewhat normal reaction against a majority party. Obama’s popularity rating is well below 50%, despite an obsequious media and a brilliantly negative billion-dollar campaign that long ago turned Mitt Romney into a veritable elevator-using, equestrian-marrying, canine-hating monster. In the second term, there is little
He thought he was a woman trapped in a man’s body — but it turns out he’s “just another boring straight guy.” ABC News editor Don Ennis strolled into the newsroom in May wearing a little black dress and an auburn wig and announced he was transgender and splitting from his wife. He wanted to be called Dawn. But now he says he suffered from a two-day bout of amnesia that has made him realize he wants to live his life again as Don. “I accused my wife of playing some kind of cruel joke, dressing
Former Republican presidential nominee Mitt Romney jumped into the debate over the GOP’s future Tuesday night, warning congressional Republicans against forcing a government shutdown in their quest to stop President Barack Obama’s signature health care law. Romney addressed more than 200 donors on the shores of Lake Winnipesaukee at a fundraiser for the New Hampshire Republican Party, staged just four miles from the vacation home where he has spent much of the summer with his family. The event was closed to the media, but his office released his prepared remarks.
The U.S. State Department issued a global alert about the terrorist threat allegedly posed by Al-Qaeda in Yemen. The USA announced the closure of its missions in the Middle East and Africa, and their example was followed by France, Britain, and Germany. However, this was only an attempt to justify the activities of the National Security Agency.Last Saturday, right after alerting of the terror threat civilians and BOLO complex ("be on the lookout") that includes law enforcement and federal officials, President Barack Obama went to play golf, and then celebrated his birthday at the presidential retreat at Camp David.
WASHINGTON — Former Massachusetts lawmaker Barney Frank revealed that he doesn’t believe in God. During Friday’s appearance on HBO’s “Real Time With Bill Maher,” Frank, who championed the decriminalization of pot while serving in the House of Representatives, admitted to smoking marijuana and being an atheist. “You were in a fairly safe district. You were not one of those congress people who would have to worry about every little thing,” Maher said to Frank. “You could come on this show and sit next to a pot-smoking atheist and it wouldn’t bother you.”
In a rare diplomatic snub, President Obama is canceling plans to meet with Russian President Vladimir Putin in Moscow next month. The decision reflects both U.S. anger over Russia´s harboring of National Security Agency leaker Edward Snowden and growing frustration within the Obama administration over what it sees as Moscow´s stubbornness on other key issues, including missile defense and human rights. Obama will still attend the Group of 20 economic summit in St. Petersburg, Russia, but a top White House official said the president had no plans to hold one-on-one talks with Putin while there.
Washington--As hundreds of commuters emerged from Amtrak and commuter trains at Union Station on a recent morning, an armed squad of men and women dressed in bulletproof vests made their way through the crowds. The squad was not with the Washington police department or Amtrak’s police force, but was one of the Transportation Security Administration’s Visible Intermodal Prevention and Response squads — VIPR teams for short — assigned to perform random security sweeps to prevent terrorist attacks at transportation hubs across the United States.(Snip)With little fanfare, the agency best known for airport screenings has vastly expanded its reach
A poll released Friday by Public Policy Polling found that Alaska voters would pick former Secretary of State Hillary Clinton over the state´s former Republican governor, Sarah Palin, if the two women were to face off in the 2016 presidential election. Clinton led with 49 percent in the hypothetical match-up, with Palin at 40 percent, a nine-point gap. As of July 3, Republicans comprised 27 percent of the state´s registered voters and Democrats made up just 14 percent. The last time Alaskans opted for the Democrats´ presidential candidate was in 1964. Clinton trails five other hypothetical GOP candidates –
Over the last week, there has been a lot of buzz about a supposed CIA angle to the Benghazi story. Specifically, it has been alleged that a substantial number of CIA employees were on the ground in Benghazi, carrying out a mission that involved rounding up Libyan weapons and transferring them to rebels in Syria. Further, it has been reported that the CIA has leaned on its employees not to cooperate with Congressional investigations or the media, and it has been suggested that the CIA’s role in Benghazi may be related to the al Qaeda
Speaking from Egypt Tuesday night, where they are hoping to broker a peaceful transition period between the country’s ouster of former President Mohamed Morsi to its next phase of nascent democracy, Senators John McCain and Lindsey Graham warned that concessions on both sides needed to begin immediately or Egypt’s government would “fail.” “I didn’t know it was this bad,” Graham said. “These folks are just days, weeks away from all out bloodshed.” “There is only one way that we can bring about a peaceful Egypt, and that is a process of negotiation and reconciliation between major players,” McCain said.