

By H. Leighton Steward
Fantasy replaces reality in Obama's green economy

The Dow edged teasingly close to the 13,000 marker on Friday, a milestone it hasn't reached since before the financial crisis brought the U.S. economy to its knees.
President Obama spoke of the role natural gas must play in America's energy future during his State of the Union address last week, but industry insiders fear it's merely lip service designed to distract from what they consider the administration's behind-the-scenes plan to sabotage the sector.

House Republicans are accusing President Obama of making a sham announcement to open nearly 38 million acres in the Gulf of Mexico to oil and gas drilling, arguing that the same lease sale was already in the works before he took office.

It's starting to feel a lot like 1992, and President Obama's re-election team should be worried. At this point in President George H.W. Bush's term, the president's approval rating stood at 46 percent. According to Gallup, Mr. Obama's is doing worse by 1 percent.

A recent 10-day naval exercise by Iran was intended to display a capability to close the strategic Strait of Hormuz should further sanctions be imposed that would affect Iran's oil industry. The exercise was accompanied with the usual bluster, even threatening some unspecified action should the attack carrier USS John C. Stennis return to the Persian Gulf.

GOP presidential front-runner Mitt Romney has assembled a cast of conservative George W. Bush-era veterans as his key national security advisers. Some of them played important roles in the war on terror and the invasions of Afghanistan and Iraq.

The natural gas industry and its opponents are readying their final arguments for what many think will be a critical year in the debate over "fracking" safety.

The outside advisers who worked to persuade President Bush in 2006 to send a "surge" of reinforcement troops to Iraq now fear their efforts are on the verge of being erased.

President Obama has named two lawyers and a former federal judge to an independent privacy board recommended by the 9/11 Commission that has sat dormant for years under he and President George W. Bush.

Much has been made of President Obama's stoking class warfare and demonizing success. Less attention, however, has been paid to the consequences of the president - and his predecessor - taking the sting out of failure.

At a press conference the next day, Mr. Obama responded tartly, “Ask Osama bin Laden and the 22 out of 30 top al-Qaeda leaders who’ve been taken off the field whether I engage in appeasement. Or whoever’s left out there. Ask them about that.” This is the image the White House wants to convey of Mr. Obama as a tough, uncompromising and effective commander in chief.

Senate Republicans on Tuesday filibustered one of President Obama's appellate court nominees, ending a six-year truce and reigniting one of the bitterest recurring battles on Capitol Hill.

George W. Bush left office less than three years ago, but for the Republicans seeking to fill his shoes as the next president, the mere mention of his name has been all but absent.
A government watchdog said Fannie Mae and Freddie Mac improperly foreclosed on homeowners and cost the government billions of dollars by not holding major banks to strict underwriting requirements.
A wireless company that went bankrupt owing taxpayers more than $70 million secured a court order Monday to keep under wraps an investigation into whether it has "viable claims" against the federal government.

By Patrice Hill - The Washington Times
Nicholas Rastenis has been through the wringer.

By Tim Devaney - The Washington Times
Former House Speaker Newt Gingrich hinted Sunday that if rival Republican presidential candidate Mitt Romney ...

By Manuel Valdes - Associated Press
Three skiers were killed Sunday when an avalanche swept them about a quarter-mile down an ...