November 18, 2008
Is The Sachs Appeal Wearing Off?
Given the drilling he’s taken over the last few weeks, Hank Paulson may come to regret his decision to leave Goldman Sachs for the Treasury. But his erstwhile employer may also soon regret sending so many of its top executives to Washington. Grumblings about “Government Sachs” have been echoing ever since Paulson took office. But the latest and potentially most significant backlash came late last week, when Sen.
November 17, 2008
The propriety of giving paid speeches has been a subject of debate for many years. Readers may wonder whether appearing before a group biases a writer towards the group’s point of view--or whether writers are tilting their work in ways to generate more speaking income.
A New Inconvenient Truth
In a New York Times op-ed published on the first Sunday after Barack Obama’s presidential election, Nobel prize winner Al Gore shifted from his longstanding focus on regulating carbon pollution to advocating direct government investments in clean energy as the best way to deal with climate change.
The Thrill of Defeat
After the 2004 presidential election Democrats were crushed. Four more years of George W. Bush seemed unthinkable, disastrous. But now that the Obama era is beginning, Democrats should view John Kerry’s defeat as something else entirely: the luckiest break the party has caught since at least the 1964 election, which yielded the presidency of Lyndon Johnson and two-thirds Democratic congressional majorities.
The Case Against Lieberman
Jamie has an online article making the case for why Joe Lieberman should get to keep his position as chairman of the Homeland Security Committee in the Senate. I did not find his case persuasive. The premise of Jamie's argument is that some liberals are proposing to punish Joe Lieberman for being a moderate Democrat. For instance, he writes, Yes, Lieberman's frequent and vocal complaints about the Democratic Party have irked his colleagues.
Next year, new Congress: Who will be the major players crafting energy policy? Well, there's Barack Obama—him you know. There's Barbara Boxer, who chairs the Senate Environment and Public Works committee and will likely get first crack at any climate bill.
Transition News 11/17
In case you missed it Sunday, Obama did his first post-election interview on 60 Minutes. Obama detailed plans for government agencies in letter to federal employees, WaPo reports. How Obama is like Abraham Lincoln. Democrats move carefully as they prepare to control the homeland security department for the first time. LA Times ponders whom Obama might appoint to the Supreme Court.
On its front page today, the WaPo offers up the requisitethink-about-all-the-conflicts-posed-by-Hillary-being-Secretary-of-State-and-Bill-remaining-philanthropist-in-chief piece. Enumerating the challenges posed by such an arrangement, reporters Michael Shear and Philip Rucker note that having Bill so close to the Secretary of State would go against the traditional preference of sitting presidents to keep their predecessors at arm's length. As a point of contrast, they remind us how annoying it was for George W.
One reason nobody is excited about bailing out the auto industry is that it defies the free market. If the companies can't make it on their own, shouldn't the government just let them die? It's a reasonable argument. But today in the Washington Post, an economist with some pretty cood intellectual credentials--Jeffrey Sachs--makes the case for a bailout anyway. ...the automakers cannot turn to ordinary borrowing to tide them over until that happens because of the ravaged capital markets. The risk spreads of corporate bonds over U.S.
I confess: Hillary Clinton has never appealed to me. There have been so many Hillary Clintons that I suspect that none was authentic. In any case, the young Hillary was a fashionable leftie. No, she wasn't Bill Ayers. But her Wellesley commencement address was especially trite when trite was the rule. She worked for a communist law firm. She was faddish when independent thinking was what the country needed.Hillary then went to Little Rock, armed with a Yale Law School diploma, and worked for another law firm, this one positively sleazy. She was the haughty wife of the coy governor and g