Geithner, Holder reap rewards for failure
Barack Obama has promised many times that he will have the most accountable administration in history. But early on, he missed two opportunities to show he means what he says. First, Tim Geithner's nomination to head the Treasury Department should have been withdrawn once his weaknesses were apparent. Second, Obama should have never picked Eric Holder to be attorney general.
Obama turns to Mideast, offers ‘new way’ with Muslims
President Barack Obama prepared to address crises in the Middle East ranging from Iran’s nuclear ambitions to the Israeli-Palestinian conflict after promising to “seek a new way forward” with the […]
Obama will get one shot at new financial system
That’s enough of the hype. Today, new U.S. President Barack Obama needs to roll up his sleeves and start getting on with the hard slog of saving the economy from […]
Some late Bush rules may survive
A tough economy and the prospect of Cass Sunstein as regulatory czar may moderate the Obama administration’s wholesale elimination of President George W. Bush‘s last-minute rules and the direction of […]
Bush spins his legacy, leaves us with a train wreck
There they stood, a breathing Mount Rushmore, or perhaps just the ghosts of Inaugurals past, present and to come. The three-person former presidents’ club came to the Oval Office at […]
Capitalism freezes in worldwide winter of discontent
As capitalism staggers through its first globalized economic crisis, the costs won’t be measured only in dollars and cents. From newly rich Russia to eternally impoverished sub-Saharan Africa, social strains […]
Trillion-dollar spree is the road to ruin, not to a rally
We are in the midst of a crisis caused by so many financial institutions borrowing too much money. Somehow, a critical mass of policymakers now believes that the correct response […]
GM may not require further loans
General Motors Corp. said it has enough government loans to cover its worst-case forecast for U.S. auto sales and won’t need more if the economy holds up. Pledges from the […]
How did Bush’s DOJ spell relief? N.S.L
One of President George W. Bush‘s legacies will be spelled “NSL,” as in national security letter. Bush did not dream up NSLs. Congress enacted the legislation creating NSLs in 1986. […]
Federal pool safety law causes headaches
Armed with temporary fixes and vague assurances, local pools have reopened or are staying open in face of new federal law intended to prevent drain suction from trapping children under […]
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