Ted Kaufman
The Man Who Took on the Wall Street Blob
Mike Castle Versus the Tea Party
WILMINGTON, Del.--On the eve of the primary that would end his electoral career, Rep. Mike Castle was in a reflective mood. He seemed calm and confident, yet almost everything he said sounded valedictory as he offered a prescient analysis that explained in advance a defeat that echoed throughout the nation. READ MORE >>
Preventative Measures
Last night the Senate approved a major financial reform bill almost a year in the making. A few hours before the vote, the president hailed the legislation, which he said ensures that “the American people will never again be asked to foot the bill for Wall Street’s mistakes.” He elaborated: READ MORE >>
Close Call
Last Wednesday, Arkansas Senator Blanche Lincoln took to the Senate floor and delivered about as fiery a speech as you’ll hear in the chamber, at least on the subject of financial reform. “Currently, five of the largest commercial banks account for ninety-seven percent of the [derivatives market],” she said. “That is a huge concentration of economic power, which is why I am in no way surprised that several individuals are seeking to remove it from the bill.” READ MORE >>
A Few Good Dems
Zero Hedge: The Daily Kos of Financial Blogs
I'm only an imtermittent visitor to the financial blog Zero Hedge. But between my occasional perusals, and Joe Hagan's interesting profile of the blog (and its proprietor Dan Ivandjiiski) in last week's New York magazine, I can't help thinking it has a lot in common with the political blog Daily Kos. READ MORE >>
Biden Confidant Questions Afghanistan Policy
Striking quote in today's Washington Post: "I want to hear from the president, and not just on combat troops," Sen. Ted Kaufman (D-Del.) said in an interview. "Combat troops is like the public option" in health care, he said, quoting a conversation with Levin this month when they traveled together to Afghanistan. "Everybody can understand combat troops." READ MORE >>
