Week in Review

D.C.’s “Voluntary” Gun Search Program

On March 14, we reported on Washington, D.C.’s so-called “Safe Homes Initiative”–an ill-advised proposal aimed at reducing the District’s high rate of gun crime. Under the controversial plan, officers would show up at a residence and ask parents and guardians to allow “voluntary” searches of their homes and childrens’ (or other relatives’) bedrooms, to look for firearms. These searches would be done without notice or warrants. more…

Why Beijing Needs Tibet’s Help

Recent events in Tibet have underscored the fact that more than a Half Century of Chinese occupation—and forcible attempts to change Tibetans into Han Chinese—aren’t working and never will. Resistance to Beijing‘s imperialism hasn’t come just from the “Dalai Lama clique,” as Chinese officials put it, but from all 6 million Tibetans. more…

Kettering University student Will Foster builds fully operational half-size Panzer tank

Roughly the size of a small car, Foster’s tank can reach speeds of around 20 mph with its three-cylinder diesel engine. Just like the real thing, the tank runs on treads and has a 360-degree cannon powered by compressed air from a scuba tank. more…

Economic Snapshot

DOW Jones $12,325.42
NASDAQ $2,290.24
S&P 500 $1,332.83
Gold/oz $927.00
Silver/oz $17.69
Copper/lb $3.94
Oil/bbl (Brent) $108.75
Wheat/bu (CBT) $9.10
Corn/bu $5.84
Dollar/Euro $1.58
Yuan/Dollar ¥7.00
Rupee/Dollar Rs. 39.84
Yen/Dollar ¥100.98
Prime Rate 5.25%
Fed Target Rate 2.25%
2 Year Treasury 1.75%
10 Year Treasury 3.50%
30 Year Treasury 4.38%

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