Plank
Would Duke Cunningham Get Away With It Today?
The Grilling Congress Should Give Jamie Dimon
When Jamie Dimon testifies in the Senate on Wednesday about JP Morgan’s $3 billion trading loss, the focus will almost certainly be on the speculative aspect of the trade. After all, the financial reform bill Congress passed in 2010—specifically, the provision known as the Volcker Rule—was supposed to stop banks from making risky bets with their own money, at least if they benefit from government support. And JP Morgan gets lots of government support. READ MORE >>
Thanks, Cuz. Thanks, Justice Kennedy.
How To Get Away With Murder
“He speaks English, and he has a hot wife.” READ MORE >>
Obamacare's Fate: Still No Word
The Supreme Court said nothing about the Affordable Care Act this morning. The justices delivered only one opinion and it had nothing to do with health care. The most likely date for a ruling remains Monday June 25 or maybe Thursday June 28. READ MORE >>
Editor's Note: We'll be running the article recommendations of our friends at TNR Reader each afternoon on The Plank, just in time to print out or save for your commute home. Enjoy! Edmund Burke’s eloquence and political impact have managed to overshadow everything else. But he was also a completely fascinating personality. The American Scholar | 26 min (6, 419 words) READ MORE >>
The Group of Debt: A TNR Bracket
The 2012 UEFA European Football Championship, which got underway last week, has our football-obsessed staffers and friends excited for purely sporting reasons (check out our new blog, Goal Post, for ample evidence.) For rest of us, however, the continental soccer tournament is fascinating for the way it intersects with the world’s most important pending economic and political drama: the slow-motion collapse of the European Union. READ MORE >>
A Brief Taxonomy of Political Brawls
The Politics of Stupid, In Real Time
The conservative reactions showed up in my twitter feed within a few seconds, the first missive from the Republican National Committee came through e-mail not long after that. Somewhere in between, Mitt Romney worked it into a speech and now, I see, congressional Republicans are talking about it too. READ MORE >>
