When I drove to southern West Virginia a few weeks ago to watch Senator Joe Manchin defend his role in pushing gun-control legislation, I was struck to find that at the first of two town hall meetings he held, at the high-ceilinged Wyoming County Cou
Why Did Apple Hire Former EPA Chief Lisa Jackson?
May 29, 2013
It's a clever move by the embattled company.
Obamacare hate is a full-time occupation on the right. But a story from Monday’s New York Times is a reminder that some pieces of the law should have conservatives celebrating, for the same reason they are leaving liberals like me a little queasy.
Jamie Dimon Blackmailed His Own Bank—and Won
May 22, 2013
By threatening to resign as CEO, the JPMorgan honcho gave shareholders no choice but to keep him as chairman as well.
Weaseling Out of Obamacare
May 21, 2013
Have nursing homes, fast-food restaurants, and other low-wage employers found a way to avoid paying for full insurance?
November 12, 2009
When President Obama arrives in Tokyo on Friday, he will confront a country that seeks to be an ally of the United States. For Japan has never been an American ally. It was first a rival, then an enemy, and finally, after it lost the war it foolishly started with the U.S., it became a protectorate, not an ally. The distinction matters. An alliance is an institution negotiated between two sovereign governments in which each agrees to a series of reciprocal obligations that have the force of law.
Response to My Anti-Statism Article
November 11, 2009
I got an email from an old friend, Joel Parker, who is an international vice president of the Transportation Communications Union, and one of the smartest people I know. It's a response to my article on anti-Statism in America that has been on the site today. I am reproducing it for its criticisms rather than its compliments, which bear not only on what I wrote but also on our continuing discussion of the health care bill. Just read your latest TNR piece on anti-government sentiment. I thought it was excellent, and agreed with its central point.
Gordon Brown's Financial Shock and Awe
November 10, 2009
There are two broad views on our newly resurgent global bubbles--the increase in asset prices in emerging markets, fuelled by capital inflows, with all the associated bells and whistles (including dollar depreciation). These run-ups in stock market values and real estate prices are either benign or the beginnings of a major new malignancy. The benign view, implicit in Secretary Geithner’s position at the G20 meeting last weekend, is most clearly articulated by Frederic (Ric) Mishkin, former member of the Fed’s Board of Governors and author of "The Next Great Globalization: How Disadvantaged N
New Evidence of Pharma's Sweetheart Deal
November 10, 2009
Critics have complained that a drug industry got a sweetheart deal when it struck a bargain with the White House and Senate Finance Committee over health care reform. There’s new reason to think those critics were right. It comes from an October forecast by IMS Health, a respected global research and consulting firm. The report, which IMS distributed to clients and which a source provided, projects that the drug industry will see average annual growth of 3.5 percent between 2008 and 2013. Back in March, IMS had projected no growth at all during that same five-year stretch.
Board to Death
November 10, 2009
To the frustration of many a cabinet secretary, the Obama administration is a little behind on its appointments. At this point—with only five weeks to go before the Senate breaks for recess—a little over half of the 514 positions that need filling have been filled. Some jobs are really important: The nominee for the Office of Legal Counsel has been held up for months. Obama’s choice for a USAID director came down just today. U.S. attorney nominations have slowed to a crawl. Other jobs?