April 23, 2007
Let's say you want to criticize Nancy Pelosi from the left. That's right, the left--call her cohorts a bunch of squishy moderates; implore them not to be so damn timid. Where would you start? Iraq? Some antiwar types have attacked the Democrats for refusing to grow a pair and end the fiasco once and for all. But that's a tad unfair--congressional Dems are doing just about everything they can to wind down the war. What about impeachment? Pelosi has taken that off the table.
January 29, 2003
In its dollar magnitude, it's almost certainly the biggest case of financial mismanagement in U.S. history. While a final tally is years away, in part because of suspiciously lost or missing documents, there's good reason to think that the dollar figures will dwarf WorldCom's $9 billion. It's a scandal that crosses partisan lines and reaches into high levels of both the Clinton and the Bush administrations.
March 25, 2002
BAD DEBT: Amazing how times change. Just six years ago House Republicans threatened to impeach Clinton Treasury Secretary Robert Rubin for using accounting gimmicks—such as borrowing funds from federal employees’ retirement funds—to stay under the federal debt ceiling, which the GOP was loathe to raise. Fast forward to the present, when House Republicans are demanding that Bush Treasury Secretary Paul O’Neill do ... exactly the same thing.
February 25, 2002
With ten congressional committees holding hearings on Enron, it's almost impossible for any one member of Congress to distinguish himself on the issue. But that hasn't stopped Senator Jon Corzine from trying. These days the freshman New Jersey Democrat sounds more like Ralph Nader than the former investment-banking pooh-bah he is.
December 09, 1996
After Richard Nixon's re-election in 1972, Democrats accused Arthur Burns, whom Nixon had appointed chairman of the Federal Reserve in 1970, of rigging the election by overstimulating the economy. Burns, they charged, had produced a temporary reprieve from recession, but had also built up inflationary pressures that would burst forth later and produce an even sharper recession. In coming years, Republicans may make similar charges against Robert Rubin, Bill Clinton's secretary of the Treasury.