Obama Administration

ObamaScare Looms - Health Insurers Are Looking For A Taxpayer Bailout

Insurers helped cheerlead the creation of Obamacare, with plenty of encouragement – and pressure – from Democrats and the Obama administration. With the prospect of tens of millions of new customers forced into the market for comprehensive health-insurance plans, whether they needed that coverage or not, underwriters saw potential for a massive windfall of profits. Six years later, those dreams have failed to materialize. Now some insurers want taxpayers to provide them the profits to which they feel entitled - not through superior products and services, but through lawsuits.

Why Was A Gun Used in The Paris Terrorist Attacks Linked To "Fast And Furious"

One of the guns used in the November 13, 2015 Paris terrorist attacks came from Phoenix, Arizona where the Obama administration allowed criminals to buy thousands of weapons illegally in a deadly and futile “gun-walking” operation known as “Fast and Furious.”  ATF leaders went out of their way to keep the information under the radar and ensure that the gun owner’s identity was “kept quiet,” according to law enforcement sources involved with the case. “

The Elites Have Lost The Right To Rule

They came from the dark, corrupt and hopelessly deranged policies of the status quo. The same status quo that remains in power to this very day. The sooner we rid ourselves of this societally cancerous tumor the better, because the longer it takes to move on to something else, the more negative that something else is likely to be.

Puerto Rico To Default On July 1 After Senate Passes Bailout Bill

Moments ago, following the overwhelming passage of a Puerto Rico bailout bill by the US House of Representatives, Congress found itself on the edge of sending the PR debt relief Bill for the president signature, when the Senate, in a 68-32 vote, likewise passed the measure. This makes final passage of the legislation a virtual certainty as sixty votes were needed to clear the procedural hurdle, but only a majority vote is necessary on final passage. It also means that Puerto Rico will officially default on Friday, July 1.

Why Is The U.S. Embracing Iran - Again!?

America is apparently bent on repeating -- yet again -- the historic wrong turn it took in 1979 by once again embracing the radical Islamic regime in Iran. Why would the U.S. administration think doing the same thing again will have a different outcome?

South China Sea: Storm In A "Far Larger" Indian Ocean Teacup

With global attention focused on BREXIT calamity, potentially more important questions are being overlooked, and especially in the South China Sea where storms are currently brewing between China and a range of littoral states for strategic control of territorial waters.

Erdogan Apologizes To Putin Over Death Of Russian Pilot, Calls Russia "Friend", Restores Ties With Israel

In two stunning geopolitical developments over the past 24 hours, Turkey - which is finding itself increasingly snubbed by not only Europe but also the US - has pivoted dramatically and shortly after restoring full deplomatic ties with another country that has recently seen the cold shoulder from the Obama administration, namely Israel, moments ago apologized to Russia for last year's downing of a Russian jet which allegedly crossed above its territory as part of the Russian campaign against ISIS.

More Troubling Evidence That Hillary Clinton Will Start WW3

Even U.S. military officials have said that these sorts of no-fly or no-bomb guarantees Flournoy is promising - which Hillary Clinton herself has previously advocated - would risk a military confrontation with Russia. Obama’s defense secretary, Ash Carter, told a Senate hearing last December that the policy Clinton advocates “would require ‘substantial’ ground forces and would put the U.S. military at risk of a direct confrontation with the Syrian regime and Russian forces.”

Democrat "Gun Control" Sit-In Continues Into Its Second Day On House Floor

In a dramatic turn of events Democrats took the floor of the House and staged a sit-in just before Noon on Wednesday. The Democrats were demanding that Republican leadership schedule votes on gun control bills, and according to Politico, Republicans almost immediately recessed the House and turned off the chamber video cameras. That only added fuel to the fire, and the sit-in went on all day and has continued into the early hours Thursday morning.

Funding Is Now Drying Up For Luxury Real Estate Developers In Manhattan

As we have noted on many occasions, the luxury real estate market in Manhattan is now in a downturn. Back in April, we reported that the Bauhouse Group had put a development project into bankruptcy after it wasn't able to find lenders to refinance short-term loans. We then posed the question: "Did The Canary Of New York's Luxury Housing Market Just Die?" The answer - based on builder Extell's need to resort to a program known as EB-5 to help finance its latest condominium tower, known as Central Park Tower - seems to be "Yes!"

Hillary Clinton's IT Aide Pleads The Fifth Over 125 Times

Brian Pagliano, the man believed to have set up and maintained the private server in the basement of then-Secretary of State Hillary Clinton’s New York home invoked his Fifth Amendment rights against self-incrimination more than 125 times during a deposition as part of a civil court case on Wednesday.