Barack Obama’s presidency has been plagued with crises that appear to be increasing more rapidly in the past few weeks. As if American involvement in two wars while struggling with one of the worst economic crises in the last 50 years wasn’t enough, Obama’s workload has been increased by a catastrophic oil spill, turmoil on the border of Mexico, and an attempted car bombing in New York City.
One aspect of a new and improved federal regulatory scheme is the seizure of 401(k) retirement plans and the subsequent government-administered disbursement of the funds.
The Washington Post reported on April 20 that “the Food and Drug Administration is planning an unprecedented effort to gradually reduce the salt consumed each day by Americans, saying that less sodium in everything from soup to nuts would prevent thousands of deaths from hypertension and heart disease.” The Post also said that “the initiative, to be launched this year, would eventually lead to the first legal limits on the amount of salt allowed in food products.”
The Voice of America reported on May 5 that Iranian President Mahmoud Ahmadinejad has agreed "in principle” to accept Brazilian mediation in a United Nations-backed nuclear fuel swap deal. The UN deal calls for Iran to send its uranium to Russia for enrichment.
The libertarian, free-market Cato Institute has seen fit to reference a key article about healthcare on the home page of their website. Called “ 'Fearmongers' Were Right about Obamacare," this work was written by Michael D. Tanner, one of Cato's senior fellows, and was originally published in the April 30, 2010 edition of The Orange County Register.