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  • Battle of the Tax Plans: Obama vs. Romney

    By Michelle Hirsch, The Fiscal Times

    President Obama took a preemptive swipe at one of his likely 2012 opponents, Mitt Romney, by releasing a plan to overhaul the U.S. corporate tax code on the same day as Romney is introducing his own...

  • Obama’s ‘Buffett Rule’ Fails the Tax Reform Test

    President Obama has a new favorite possession – the “Buffett Rule.” Like a poodle with a new chew-toy, Mr. Obama can’t leave the Buffett Rule alone; he takes it everywhere. For the president, the...

  • Unthinkable: Conflict between Israel and Iran

    The guessing game as to whether sanctions imposed last month against Iran for its nuclear program will work is over. They are already working. This past week the Iranian foreign minister, Ali Akbar...

  • Merkel Vows Fast Action on Fiscal Compact

    By Robin Emmott and BRIAN ROHAN, Reuters

    European leaders promised on Saturday to speed up plans to strengthen spending rules and get a permanent bailout fund up and running as soon as possible, a day after U.S. agency S&P cut the...

  • Happiness is a Warm Gun--In Russia

    By Alexei Anishchuk, Reuters

    A Russian villager discovered a stockpile of Kalashnikov assault rifles hidden in the wooden crates he bought for $15 from a stranger to use as fuel for his winter stove.