Signs the Santorum Campaign Is Over
March 27, 2012
I'm not sure this is sign number one, but it definitely makes my top ten list. Over at National Review, Charlotte Hays sides with New York Times reporter Jeff Zeleny in his now-notorious exchange with the former Pennsylvania senator: On the video of Rick Santorum’s lashing out at Times reporter Jeff Zeleny, Zeleny appears to be trying to do something we wish more reporters would do: ask the follow-up question. He wants to make sure he heard right: Did Santorum really say that Mitt Romney is the “worst Republican in the country” to go up against Obama?
Your Must-Read of the Day, Wall St. Edition
March 26, 2012
Bloomberg has an absolutely terrific piece of reporting out today about how the big banks have mobilized to water down the Volcker Rule—the reform measure designed to prevent federally-backed banks from placing bets for their own bottom line. Here’s the gist: To make their case in Washington, banks and trade associations have been pressing a coordinated campaign to get regulators from five federal agencies to scale back the draft of the proprietary-trading rule issued in October, according to public and internal documents and interviews.
The Rove Op-ed … Keeps Getting Better
March 26, 2012
Last week I wrote about how Karl Rove’s Wall Street Journal rebuttal of the recent Obama campaign documentary was a masterpiece in projection. Of particular interest was this paragraph, in which Rove downplayed Obama’s biggest foreign policy achievement: As for the killing of Osama bin Laden, Mr. Obama did what virtually any commander in chief would have done in the same situation. Even President Bill Clinton says in the film "I hope that's the call I would have made" [emphasis added].
Obama Plainly Disagrees with His World Bank Nominee
March 23, 2012
Over at The Washington Post, Jonathan Bernstein argues that the Jim Yong Kim nomination for World Bank president is (for liberals at least) a pleasant byproduct of having a Democratic president: It’s very difficult for me to imagine John McCain, had he won the presidency — or a President Mitt Romney, for that matter — reaching out beyond the usual bankers and recycled government officials to choose someone like Kim. But it’s not at all hard to picture Hillary Clinton or Joe Biden or Chris Dodd picking him. Presidents don’t make these types of picks on their own.
Meet Your New World Bank President
March 23, 2012
Lots of people can (and will) tell you about the views of Jim Yong Kim, the administration's nominee to be World Bank president, on fighting poverty and improving global health over the next few days. But the Wall Street Journal has unearthed what's sure to be the most compelling character testimonial you're going to find (fast forward till about two minutes in to get to the good stuff): A bit painful to watch, I know, but it convinced me the guy is going to be pretty terrific in this job. I love him already.
Is Rove Aware of the Columns Someone Is Signing His Name To?
March 22, 2012
Our former colleague Jon Chait ran a sideline business these last few years calling Karl Rove on the various forms of projection he practiced when it came to criticizing Obama. But if Chait were still on this beat today, I’m sure he’d concede that he actually no idea how pathological this Rove-ian tick was back when he wrote all those blog items. Rove’s column in today’s Wall Street Journal, about the dishonesty of the recent Obama campaign documentary, is a true thing of beauty.
The Washington Post's Overly-Credulous Take on Boehner
March 21, 2012
On Sunday, The Washington Post published a long, blow-by-blow of last summer’s negotiations between Barack Obama and John Boehner over a $4 trillion deficit deal. The take-away from the piece is that Obama had a chance at a deal involving $800 billion in tax increases and trillions in spending cuts (including cuts to sacred programs like Medicare and Social Security), but that he got cold feet and backed away.
What We Still Don’t Know About Mitt Romney
March 21, 2012
A week ago, after Rick Santorum swept the GOP contests in Mississippi and Alabama, Mitt Romney faced a choice: He could shake up his campaign following the unexpected setback, or double down on the strategy he’d been deploying for weeks, which meant touting his large delegate-lead, portraying himself as inevitable, and exploiting his enormous financial advantage. Romney chose the latter, and the decision paid off in Illinois last night.
The Hitch in the New Obama Documentary
March 16, 2012
It’s very hard to watch “The Road We’ve Traveled,” 17-minute documentary the Obama campaign released Thursday night, and not be impressed by its underlying premise, which is that the president inherited a terrible set of crises, and that we’re in far better shape thanks to his efforts. The video succeeds in recreating the clammy terror of the financial crisis, and in calling up the sense of relief you felt when this obviously serious and composed young president spoke so fluently about how we’d get out of it.
Could Santorum Stop Romney from Clinching?
March 14, 2012
Last week Nate Silver wondered how much better Rick Santorum would be doing in the GOP primaries if Newt Gingrich had been on the sidelines the whole time. Using data from the polling firm PPP, Silver assumed Santorum would have received about 57 percent of Gingrich’s votes, Mitt Romney 27 percent, and Ron Paul 16. The punchline: It would undoubtedly still help Mr. Santorum if Mr. Gingrich dropped out--especially if Mr. Gingrich endorsed Mr. Santorum and asked his delegates to vote for him.