September 26, 2008
Who Benefits From The Bailout?
David Cay Johnston, who won a Pulitzer Prize for his innovative coverage of our tax system, retired this year as a investigative reporter for The New York Times.
Get Your Debate On
McCain's going to Mississippi. Update: Here's the full statement: "John McCain's decision to suspend his campaign was made in the hopes that politics could be set aside to address our economic crisis. "In response, Americans saw a familiar spectacle in Washington.
George W. Bush: Our Hoover?
Let's take the briefest timeout from our discussion of Barack Obama and John McCain to focus on our President. Remember him? You could be forgiven if you don't. His name is George W.
September 25, 2008
GRAND RAPIDS, Mich.--If he carries Michigan, many routes to victory are open for Barack Obama.
Mithal al-Alusi is a hero of the Iraqi people. What a shame they don't treat him as one. A member of a prominent Sunni family, he was sentenced to death in abstentia in 1976 for plotting to overthrow Saddam Hussein while studying in Cairo. Exiled to Germany, he took part in the 2002 takeover the Iraqi embassy in Berlin. Soon after the American-led liberation, he returned to Iraq and was elected to parliament in 2005. His politics are democratic and secular, and he stands for close ties with the United States, the United Kingdom, Turkey and Israel.
Via Ross, here is one theory on McCain's bailout strategy: If John McCain came out against the Paulson Plan, effectively killing it, would he not a) likely vault back into the lead vs.Barack Obama by opposing a trillion dollar bailout—maverick style!—that voters hate even if they think it somehow necessary, b) lock up working-class, "Sam's Club" voters in places like Michigan, Pennsylvania and Ohio, and c) send the base into Palinesque waves of ecstasy since Newt Gingrich/Rush Limbaugh/ Conservative Blogosphere have been ripping the bailout to shreds?
September 24, 2008
A Bad Example
WASHINGTON--Having spent part of my life in the developing world, I know that the nationalization of an industry or an institution is an act of robbery perpetrated under the pretense of altruism--sort of like putting lipstick on a pig--and that the consequence is poverty. That is why I and thousands of Peruvians took to the streets in 1987 to protest the government's attempt to nationalize the financial system. We prevailed, and the country was eventually able to begin its tortuous march toward modernization.
The Case Against Sarah Palin
By Sarah Palin
The Hidden Imam
Conventional wisdom holds that when Iran’s supreme leader says, “Jump,” millions of Shiites, from the Beirut slums to the Saudi oilfields, ask, “How high?” But a recent meeting in Baghdad between a wealthy Lebanese Sunni politician and an ascetic Shiite theologian twice his age suggests that there is a move afoot to empower Shiite voters throughout the Middle East to cast ballots according to their conscience, not according to the marching orders from Tehran. If that trend gains traction, it could fundamentally alter the political landscape of the region.
What's More Is That She Cannot Put Together A Sentence Or, For That Matter, A Thought; Is This A Conspiracy To Make George Bush Seem Literate And Coherent?
Well, the first wisdom of the pundits was that the choice of Sarah Palin for vice president was inspired. All over the country Democrats had a sinking feeling that McCain had outfoxed them. Biden seemed to have evaporated. Palin, Palin, Palin was on everybody's lips.The Obama ticket fell in the polls.A few weeks have passed. The American people have had occasions to see her, hear her and read about her. Apparently, they did not like what they saw or what they heard or what they read. Katie Couric has been with Palin for some time. Here's the first installment.