Account
The 2010 Congressional midterm elections were approaching. Attacks on the Tea Party and groups calling for less government spending and taxation were in full swing.President Barack Obama in his state of the union address in January had attacked the Supreme Court with the justices in attendance for signing off on the Citizens United case, for opening the "flood gates" for special-interest money in U.S. electionsAnd 2010 was the year Democrats went full bore pressuring the IRS to investigate nonprofit politicking, which resulted in the IRS targeting Tea Party and other nonprofit applicants who were ideological opponents.Letters from 10 high-profile Democrats to then-IRS commissioner Doug Shulman pressured the IRS to investigate nonprofit politicking, even threatening legislation to change IRS standards if the IRS didn't act.The letters show how elected officials pressured the IRS during an election season, fearing opponents were unfairly using the tax law to raise money to their advantag...
After all the grave concerns of the past 12 months, this is starting to look like a Teflon stock market.Just this past week, the Dow Jones Industrial Average (DJI) h...
The Bank of Japan's massive stimulus to pull the economy out of two decades of malaise has altered the outlook for Japanese assets, according to a Reuters snap poll ...
What was supposed to be a nation-wide, 24-hour strike in Chile's copper mines Tuesday turned into industrial action only at state copper giant Corporacion Nacional d...
U.S. stocks, which reached all-time highs at the end of March, will face the first real test of their resiliency in the coming weeks as investors parse a flood of fi...
Fiat's CEO Sergio Marchionne is being investigated in Italy over allegations of violation of labor rights in a long-running dispute at a factory near Naples, the aut...
As speculation mounts that Avenue Capital hedge fund co-founder Marc Lasry will be nominated as the next U.S. ambassador to France, his $12 billion firm has told inv...
Twice as many of Australia's voters prefer former leader Kevin Rudd over embattled Prime Minister Julia Gillard, an opinion poll showed Monday, adding to speculation...
MRC's director of media analysis Tim Graham on the media and President Obama.
Britain's finance minister insisted on Saturday he would not change course after the loss of the country's 'AAA' credit rating but George Osborne is facing pressure ...
The European economic crisis felled its latest political victim on Wednesday as Bulgaria's government resigned from office after days of nationwide protests against ...
France's Lower House voted Tuesday in favor of a legislation that would force banks to hive off part of their investment banking activities into a separate entity.Th...
Manhattan Institute’s Heather MacDonald and FNC Digital Politics Editor Chris Stirewalt on immigration reform.
Faced with the fallout of austerity and embarrassing tax-evasion scandals, European Union leaders pledged Wednesday to ensure that everybody--from high-income earner...
"The third agency of government I would – I would do away with [is] Education, Commerce and, let's see. I can't. The third one, I can't. Sorry. Oops."I bet Texas Gov...
Japan's top three banks reported strong earnings for the 12 months to March in part thanks to gains from bond holdings and a recovery in the Tokyo stock market.The s...
Republican lawmakers blasted the Internal Revenue Service on Friday after a top IRS official apologized for "inappropriate" targeting by the agency of applications f...
Japan's economy is about to get another boost from an infusion of government spending, as Prime Minister Shinzo Abe's government aims to maintain financial--and poli...
U.S. lawmakers grilled top officials from Fisker Automotive Inc on Wednesday over what was termed "the U.S. Department of Energy's bad bet" when it backed the "green...
Woodside Petroleum Ltd. (WPL.AU) aims to finalize a US$1.2 billion a deal to buy a 30% stake in a big natural gas field in the Mediterranean Sea by June, after talks...