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By , on May 8th, 2013 <!– google_ad_section_start –> The decision by Queen Elizabeth not to attend this year’s Commonwealth heads of government meeting (CHOGM) heralds a new role for her son and heir, Prince Charles, and represents the latest accommodation to her age. <!– google_ad_section_end –>
Continue reading Prince Charles steps into queen’s Commonwealth role
By , on April 24th, 2013 <!– google_ad_section_start –> The government has been urged to seek a court ruling on whether building a three-storey house is a traditional right of indigenous villagers that is protected by the Basic Law. The call came from public policy think tank Civic Exchange, which termed the practice “fundamentally unsustainable”. Civic Exchange yesterday published a second report on the policy – under which male villagers in the New Territories have the right to build a 700 sq ft house – after its first one in 2003. <!– google_ad_section_end –>
Continue reading Civic Exchange calls for ruling on ‘unsustainable’ small house policy
By David Frum, on April 22nd, 2013 AEI's John Makin studies the numbers and concludes that the United States has already achieved a sustainable fiscal path for the medium term. There's no need for further near-term spending cuts. Instead, Congress should go to work on longer-term tax and entitlement reform. Here's a quote with permission from an advance copy, the text will be available on the AEI site tomorrow.
Continue reading Spending is Under Control
By David Frum, on April 22nd, 2013 AEI's John Makin studies the numbers and concludes that the United States has already achieved a sustainable fiscal path for the medium term. There's no need for further near-term spending cuts. Instead, Congress should go to work on longer-term tax and entitlement reform. Here's a quote with permission from an advance copy, the text will be available on the AEI site tomorrow.
Continue reading The Deficit is Under Control
By By SUZANNE DALEY, on April 21st, 2013 With little fuss or political protest — or notice abroad — Denmark has been at work overhauling entitlements, trying to prod Danes into working more or longer or both.
Continue reading Danes Rethink a Welfare State Ample to a Fault
By Justin Green, on April 11th, 2013 The Club for Growth, the influential anti-spending organization, is so ticked at Congressmen Greg Walden (the guy I called out yesterday for attacking Obama's offer of modest entitlement reform) they are now calling for him to have a challenger in the next primary election.
Continue reading Should Greg Walden Face a Primary Challenger?
By Justin Green, on April 10th, 2013 If the GOP is going to be the party that calls for responsible spending while ferociously working to prevent any actual cuts to entitlement programs, it’s a party that will die.
Continue reading I Cheer Obama’s ‘Shocking Attack on Seniors’
By , on April 10th, 2013 <!– google_ad_section_start –> Obama said his blueprint for fiscal year 2014 would shield the middle class by closing tax loopholes that help the rich, would grow the economy, cut the deficit, train future American workers and protect senior citizens. <!– google_ad_section_end –>
Continue reading Obama’s budget targets tax loopholes of rich
By , on April 9th, 2013 
Ex-HBOS chief executive Sir James Crosby asks to return his knighthood and quits as director of Compass Group after a critical report into the bank’s collapse.
Continue reading Ex-HBOS chief to return knighthood
By , on April 9th, 2013 <!– google_ad_section_start –> The feud among family members of the late Henry Fok Ying-tung may be breaking out again after one son said he could not act on the settlement reached last year because his brother had withheld information that would affect the distribution of billions of dollars worth of assets. On Tuesday, Benjamin Fok Chun-yue asked the Court of First Instance to deal again with his application that his elder brother Ian Fok Chun-wan and an aunt be removed as the executors of his father’s multibillion-dollar estate, despite an out-of-court settlement in August. <!– google_ad_section_end –>
Continue reading Fok family feud in the courts again
By By MICHAEL D. SHEAR, on April 5th, 2013 Speaker John A. Boehner accused President Obama of holding entitlement programs hostage for tax increases while some liberals vented their own anger over the plan.
Continue reading Obama Budget Is Dismissed by G.O.P. and Attacked by Left
By Justin Green, on March 19th, 2013 Not only are we aging as a society, which by itself means larger government expenditures for entitlement programs, the population of eventual retirees isn’t saving enough to retire. The Wall Street Journal reports:
Continue reading Social Security Might Not Be Enough
By , on March 6th, 2013 <!– google_ad_section_start –> China’s new leaders are planning a system of national residence permits to replace the household registration or ‘hukou’ regime, a government source said, a vital reform that will boost its urbanisation campaign and drive consumption-led growth. The hukou system, which dates to 1958, has split China’s 1.3 billion people along urban-rural lines, preventing many of the roughly 800 million Chinese who are registered as rural residents from settling in cities and enjoying basic urban welfare and services. <!– google_ad_section_end –>
Continue reading China eyes residence permits to replace divisive hukou system
By , on March 1st, 2013 <!– google_ad_section_start –> President Barack Obama on Friday branded the automatic budget cuts about to slam into the US economy as “dumb” and “unnecessary” but blamed Republicans for the failure to avert them. <!– google_ad_section_end –>
Continue reading Obama blames Republicans for ‘dumb’ budget cuts
By By JOHN HARWOOD, on February 24th, 2013 As a result of the changing dispute between parties over Medicare, President Obama’s ability to deliver a bipartisan compromise on entitlement spending may be waning.
Continue reading Political Memo: Medicare Is at the Heart of the Fiscal Fight
By , on February 24th, 2013 <!– google_ad_section_start –> Between the four buyers they bought three units at the Apex Horizon in Kwai Chung in a provisional agreement reached last Wednesday, but it emerged yesterday that they were given what a lawmaker called a “surprisingly short” six days to conclude formal agreements – by tomorrow. <!– google_ad_section_end –>
Continue reading Nervous investors in Apex Horizon hotel suites seek police help
By Michael Tomasky, on February 21st, 2013 The GOP’s real target is entitlements, and the chance of agreement on that is zero.
Continue reading The Real End Game: Entitlements
By , on February 17th, 2013 <!– google_ad_section_start –> Relief measures, including the waiver of property rates and public housing rents, as well as a tax rebate, are expected to be unveiled by Financial Secretary John Tsang Chun-wah in the current administration’s first – and his sixth – budget next Wednesday. <!– google_ad_section_end –>
Continue reading Budget likely to include billions of dollars worth of relief measures
By , on February 15th, 2013 The Times’s Ellen Barry and Richard P. Binzel, a Massachusetts Institute of Technology professor, discuss the explosive event over western Siberia on Friday.
Continue reading WORLD: Fire in the Russian Sky
By Justin Green, on February 11th, 2013 Jeb Golinkin, in a broader look at how avoiding reforms to domestic entitlement programs means we are doing little to combat our spending problem, notes the foolishness of chopping the defense budget on the grounds of fiscal restraint.
Continue reading Defense Cuts Won’t Solve our Spending Problem
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Prince Charles steps into queen’s Commonwealth role
<!– google_ad_section_start –> The decision by Queen Elizabeth not to attend this year’s Commonwealth heads of government meeting (CHOGM) heralds a new role for her son and heir, Prince Charles, and represents the latest accommodation to her age. <!– google_ad_section_end –>
Continue reading Prince Charles steps into queen’s Commonwealth role
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