How To Say Thank You On Wall Street
June 13, 2012
November 6, 2011 Washington Post article by Zach Goldfarb: “During Obama’s tenure, Wall Street has roared back, even as the broader economy has struggled. The largest banks are larger than they were when Obama took office and are nearing the level of profits they were making before the depths of the financial crisis in 2008, according to government data. Wall Street firms — independent companies and the securities-trading arms of banks — are doing even better. They earned more in the first 2 1/2 years of the Obama administration than they did during the eight years of the George W.
Would Duke Cunningham Get Away With It Today?
June 11, 2012
Not long ago, I wrote in this space about the discouraging fact that no Ohio newspapers had taken the minimal time needed to uncover the FBI’s investigation I stumbled across into highly suspect campaign contributions from employees of a Canton company to a Republican congressman and Senate candidate in Ohio.
Thanks, Cuz. Thanks, Justice Kennedy.
June 11, 2012
During the Republican presidential primaries, the new landscape created by the Supreme Court's Citizens United ruling and other recent loosening of campaign finance regulations took on an almost comic quality -- we could all laugh over the way that Shel Adelson, the casino magnate, and Foster Friess, the aspirin-contraception-advocate, were keeping alive the candidacies of Newt Gingrich and Rick Santorum, respectively. Some pundits even ventured the argument the SuperPACs allowed by Citizens United were good for democracy in that they were making the primaries more competitive than they other
How Hip Cities Hurt The Democrats
June 08, 2012
There was a lot of chatter last week about an eye-opening New York Times piece by Sabrina Tavernise about the growing gap between the haves and have-nots when it comes to where the country’s young college graduates are choosing to live.
What Democrats Really Should Be Worried About
June 07, 2012
I’ve spent too much of the past week trying to rein in Beltway overreaction, adding in the context necessary to keep my fellow ’12 correspondents from spinning off into the ether. No, Barack Obama did not accuse the Polish people of genocide. No, Bill Clinton’s wandering off the rhetorical reservation is not particularly newsworthy. No, Scott Walker’s win in Wisconsin does not necessarily spell doom for the Democrats. But I’ll abandon that scolding, buzz-killing mode this afternoon to pour some fuel on the latest news of the day—the Republicans’ big fundraising haul.
The Post-Wisconsin Overreaction Commences
June 06, 2012
Well, here we go with the overstated reactions to the Wisconsin recall results. I already tried to head off one thread of the overreaction—the notion that Scott Walker’s victory spelled doomed for President Obama in Wisconsin. But now I see that there is another front where the punditocracy’s going way overboard—the notion that Wisconsin pretty much spells the end of public employee unions, if not all of organized labor.
Meet The Walker-Obama Voter
June 06, 2012
Amid the big mood swings last night as exit polls gave way to real vote tallies, one question began to rise above the din: how to reconcile Scott Walker’s victory with exit polls showing that a majority of voters—52-43 percent, according to the Washington Post—would vote for Barack Obama in November? We can argue about just how much those exit polls can be trusted, given that they suggested a stronger result for Milwaukee Mayor Tom Barrett than he ultimately received. Still, it’s clear that there was a crucial sliver of voters who backed Walker but plan to support Obama in the fall.
“We Must Have An Individual Mandate”
June 05, 2012
When the Boston Globe reported last year that Mitt Romney’s gubernatorial team had wiped clean hard drives and even paid to take them home with them at the end of his term in 2006, one couldn’t help but wonder: what were they trying so hard to hide? The Romney crew seems unlikely to be indulging in office porn. Maybe some secret hot-cocoa recipes? Well, today we got a hint.
How Pundits Are Misreading Wisconsin’s Recall
June 04, 2012
Pretty much all previews of Tuesday’s recall election in Wisconsin are framing it as a precursor of the November election, and declaring that a win for Scott Walker, the Republican incumbent who is up for recall, would necessarily bode terribly for Barack Obama in Wisconsin and beyond. I don’t buy it. And that goes the other way, too—I don’t think Democrats should take away too much optimism for their fall prospects if Milwaukee Mayor Tom Barrett pulls off an upset win.
The Obama Administration's "Racial Incitement"
June 04, 2012
Just the other day, someone wrote this: The United States of America has a black President whose chief law enforcement officer, Attorney General Eric Holder, is also black. They have a lot of political power. So how are they using it? Well, one way is to assert to black audiences that voter ID laws are really attempts to disenfranchise black Americans.