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RUSH: I had this story yesterday and I didn’t get to it. It’s a Bloomberg story based on an op-ed in the Wall Street Journal by James A. Baker and George Shultz. Now, these two guys date back to the Republican Reagan administration. They are considered Republican royalty. They are called even by the Drive-Bys, they have so much respect now, they’re called elder statesmen in the Republican Party. And according to the Drive-Bys, Democrats, the Republicans don’t have any statesmen, period, but these two guys have written an op-ed pushing a carbon tax. And they had a meeting with...

A second juror on Wednesday was excused from the Theranos trial after the woman expressed religious concerns about Elizabeth Holmes being punished if she's found guilty. Juror No. 4 told U.S. District Court Judge Edward Davila that she wanted to speak to him about concerns with her service. She said she was concerned she couldn't continue serving on the case because she's a Buddhist. "If she is found guilty and gets punishment from the government for that I feel guilty for that every day in my life," she told the judge.

The fact that it’s being proposed by Republicans doesn’t make it any more economically palatable. Madness is rare in individuals — but in groups, parties, nations, and ages it is the rule — Friedrich Nietzsche ‘Cap and trade was just one way of skinning the cat; it was not the only way,” Barack Obama declared after Democrats’ disastrous losses in the 2010 midterm elections. That shellacking finally killed off the Waxman-Markey cap-and-trade bill. From it was born the EPA’s Clean Power Plan and the Obama administration’s war on coal, in turn a contributory factor to Donald Trump’s election and Republicans’...

<p>Theranos, the biotech company started by a 19-year-old Stanford dropout, has another hurdle to cross in its whole "we're totally a legit blood-testing company" campaign. This time, it turns out that tens of thousands of blood tests were voided, making them totally invalid. Whoops!</p>

We haven't really written much about the insane Theranos scandal, though we discussed it on our podcast. The whole story is pretty crazy -- involving a heavily hyped up company that appeared to basically be flat out lying to everyone about what it could do. The company still exists, but barely. The company's founder and CEO, who was plastered across magazine covers and compared frequently to Steve Jobs, has been banned from running a lab for two years, and the company is now facing a $140 million lawsuit from its biggest partner, Walgreens, who claims that Theranos repeatedly lied to...

Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...

Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...

It's worth asking why Elizabeth Holmes is still leading the embattled blood testing company Theranos Inc. But there may be a good reason why she still is in charge, one that has little to do with the scandal-ridden company's performance to date. Forget what venture capitalist Tim Draper — one of the first to invest in the Palo Alto company — implied this week that Holmes is being attacked because she's a young, female entrepreneur. The simple fact is that Theranos has not been able to deliver on its technology from a commercial, scientific or regulatory standpoint, and that falls...

2016 has not been too kind to Elizabeth Holmes, the Steve-Jobs wannabe in charge of fraudulent Theranos. She has thus far been banned for 2 years from operating labs, removed from hosting fundraisers for Hillary and lost her entire net worth. And now, the Wall Street Journal has published the "tell-all" story of the whistle-blower, 26 year old Tyler Shultz, who brought the the whole Theranos farce crashing down. It's a sordid tale complete with all the expected twists and turns of a Jason Bourne thriller including intimidation, coercion and private detectives. Tyler Shultz is the grandson of George Shultz,...

State Department spokeswoman Marie Harf sounded a dismissive tone Wednesday about warnings from two former secretaries of state about the nuclear agreement negotiated with Iran, saying she saw lots of “big words and big thoughts” in their evaluation but not “a lot of alternatives.” Harf was asked during her daily press briefing about a Wall Street Journal column by Henry Kissinger and George Schultz, which a reporter pointed out “raised a lot of questions about the deal.” “I think their piece was a little more nuanced than that,” Harf said, then also disputed another reporter’s suggestion that the assessment by...

The Constitution Doesn't Mention Czars Unaccountable White House aides are a product of a broken cabinet-nomination process. This is not the form of government the Founders intended. By GEORGE P. SHULTZ A pattern of governance has emerged in Washington that departs substantially from that envisaged in our Constitution. Under our basic concept of governance: (1) a president and vice president are elected; and (2) the departments of government are staffed by constitutional officers including secretaries, undersecretaries, assistant secretaries and others who are nominated by the president and confirmed for service by the consent of the Senate. They are publicly accountable...

Unaccountable White House aides are a product of a broken cabinet-nomination process. This is not the form of government the Founders intended.A pattern of governance has emerged in Washington that departs substantially from that envisaged in our Constitution. Under our basic concept of governance: (1) a president and vice president are elected; and (2) the departments of government are staffed by constitutional officers including secretaries, undersecretaries, assistant secretaries and others who are nominated by the president and confirmed for service by the consent of the Senate. They are publicly accountable and may be called to testify under oath about their...

Bicycles instead of cars? Dense apartment clusters instead of single homes? Community rituals instead of churches? "Human rights" instead of religious freedom? The UN Conference on Human Settlements (Habitat II) which met June 3-14 [1996]in Istanbul, painted an alarming picture of the 21st century community. The American ways-free speech, individualism, travel, and Christianity-are out. A new set of economic, environmental, and social guidelines are in. Citizenship, democracy, and education have been redefined. Handpicked civil leaders will implement UN "laws", bypassing state and national representatives to work directly with the UN. And politically correct "tolerance"-meaning "the rejection of dogmatism and absolutism"...

Former US Secretary of State who served under Ronald Reagan joins list of senior security officials calling for Pollard's release. Former US secretary of state George Shultz has joined a long list of former senior American and Israeli security officials calling upon US President Barack Obama to release Jonathan Pollard. In a letter obtained by The Jerusalem Post Tuesday night, Shultz wrote that he was impressed that the people who are best informed about the classified material Pollard passed to Israel now favor his release. He cited former CIA director James Woolsey, former chairman of the Senate Intelligence Committee Dennis...

Reagan-era Secretary of State George Shultz blasted President Obama Monday night for his scheduled July 2011 date to begin withdrawing U.S. forces from Afghanistan. Mr. Shultz, 89, made the unusually blunt remarks at a packed dinner for the International Republican Institute - the GOP-aligned counterpart to the National Democratic Institute - where he was receiving the organization's 2010 Freedom Award. "You're out of your mind," he said at a question-and-answer forum, when asked his opinion of the president's drawdown date. "How can you say that 'if I haven't won by six or nine months from now, I'm leaving'?"

Former U.S. secretary of State George P. Shultz believes it's crucial to fight global warming to protect national security. Global warming is created by burning fossil fuel, he says, and payments for foreign oil sometimes wind up financing terrorism. And Shultz, who's also a former Treasury secretary, thinks the nation suffers an "economic vulnerability" because of its oil addiction. "While we have benefited from low-priced energy," he says, "we've also suffered from periodic spikes in the price of oil. Usually recessions go along with it." Moreover, continues the man who set up the Environmental Protection Agency four decades ago, "There's...

Dmitry Medvedev dining in San Francisco tonight Russian President Dmitry Medvedev is on a friendly visit to the Bay Area before flying across the country to meet with President Barack Obama, and he comes in peace. Which must be why he brought along the flagship of the Russian Navy's Pacific Fleet, the nuclear-capable missile cruiser Varyag. Makes total sense. Medvedev will be dining with Gov. Arnold Schwarzenegger and former Secretary of State George Schultz Tuesday night. On Wednesday, he'll be visiting technology companies including Twitter, Apple, Google and Cisco Systems, in part to promote an "innovation center" modeled on Silicon...

SAN FRANCISCO -- When British Prime Minister Tony Blair attends a reception in his honor at George Shultz's San Francisco home tonight, it will be the only social event of his four-day visit to the Bay Area. From the time he arrived on his British Airways charter at 5:30 Friday evening until the reception with the former secretary of state, Mayor Gavin Newsom and business and community leaders, Blair has been holed up at the Fairmont Hotel, working on his speech to the World Affairs Council in Los Angeles on Tuesday and handling government affairs at long distance. "I know...

Former U.S. Secretary of State George Schultz called Russia “a gold mine” for investment. Schultz was speaking on Thursday, Feb. 17, to a Russian-U.S. symposium on technology, which was held at the Stanford University in Stanford, CA. If you are looking for a gold mine in the sphere of sciences and technologies, pay attention to Russia, the former U.S. official said, quoted by RIA Novosti. Schultz, who was an architect of the detente policy toward the Soviet Union under the Regan administration, gave high marks to the potential and the role of Russia on the global arena. At the...