US Federal Reserve
Texas Justice
For the past generation, if you wanted to understand the legal philosophy of the leading Republican presidential contenders, the best person to look to was Antonin Scalia. And, on the surface, that would appear to be true again this year. After all, the current Republican front-runner, Rick Perry, has plenty in common with Scalia—namely, a professed aversion to judges who legislate from the bench or broadly interpret the Constitution. READ MORE >>
Brooks Brothers Bolshevism
If you want to read a radical critique of twenty-first century American capitalism, skip the Daily Worker and go straight to Wall Street. A 2005 report by three Citigroup analysts coined the term “plutonomy” to describe an economy in which only the rich matter. In a follow-up report (cited in Don Peck’s excellent new book, Pinched), the analysts explained that the United States was “powered by the wealthy, who aggrandized larger chunks of the economy to themselves.” READ MORE >>
Romney’s Stupidest Idea of the Week
Rick Perry the Likely Nominee
Rick Perry, who has pulled ahead of Mitt Romney in the national polls, had to show whether he could hold his own in last night’s presidential debate at the Reagan Library in Simi Valley, California; and he did so. Romney began to develop an avenue of attack against Perry, but I don’t think it is going to be effective. READ MORE >>
Rick Perry’s Ponzi Scheme Debate
In his inaugural presidential debate, Rick Perry had a choice. He could have emulated sports heroes like Charles Barkley in 1991 and Terrell Owens in 2006 and claimed that he was misquoted in his own autobiography. READ MORE >>
The Trash Talker: Why Rick Perry Will Thrive in Presidential Debates
Appointments And The Evolving Constitutional Crisis
When a politician writes an op-ed, it's usually death. Barney Frank, on the other hand, is unusually interesting for an elected official, and his op-ed today is worth your time: READ MORE >>
