The Wall Street Journal

Moderate, Shmoderate ... What Does Palestinian Moderation Really Mean?
August 22, 2009

David Feith won his journalistic battle stripes at Columbia University, where the administration of Lee Bollinger has so distorted the notion of academic freedom that it has become a shield for fantasy and fakery. But this shield is not actually defensive. It is an aggressive weapon wielded under pretense of being under attack.   Anyway, from today's international edition of the Wall Street Journal, here's a piece by David about the strange contours and character of the "moderate" wing of Palestinianism. 

The Wrong Dworkin, The Right Dionne
August 20, 2009

I try never to read The Wall Street Journal editorial page. Every now and then, I fall off the wagon, and I usually regret it. This morning I was tempted by the prospect of Ronald Dworkin's thoughts on health reform. One of the world's leading legal scholars and political philosophers, Dworkin has written brilliant books and articles about delicate constitutional and public policies in end-of-life care.

Divide and Conquer
August 19, 2009

Well, well, well. Maybe the Democrats are ready to get tough after all. The big legislative obstacle to passing health reform has always been the Senate, where it takes 60 votes to break a filibuster--60 votes the Democrats may not have. It seems increasingly unlikely the ailing Ted Kennedy could be present for a vote.

Defending The Nerds: Are The Best And Brightest Really All That Bad?
August 14, 2009

Washington in the early days of a new administration is a didactic, lesson-drawing place, but even so, it has been striking to see how quickly the commentary on the death of Robert McNamara, defense secretary in the Kennedy and Johnson administrations and architect of the Vietnam war, has turned to abstraction--as if it was not one exceptionally smart man being buried, but a certain kind of smarts itself. "What happened ... to Robert McNamara teaches a lesson to all those who talk of governments of all the talents," editorialized The Times of London.

Should Health Care Be On The Backburner?
August 13, 2009

While the attention of politicians, pundits, and the people is focused on the increasingly bitter debate over health insurance reform, economic developments will have a more profound effect on the well-being of the nation and the fortunes of the Obama administration. Only an economy that provides a steady stream of new jobs and raises personal income can yield enough revenue to restore public confidence and finance the government we need. As the economy struggles to stabilize, we find ourselves in a deep hole--even deeper than we knew.

Who's Behind That Obama-as-Hitler Sign? Lyndon Larouche
August 12, 2009

Right-wing protesters aren't the only ones likening Democrats to Nazis for supporting Obamacare. As Josh Marshall notes, a group of LaRouche supporters joined the conservative hecklers who shouted down Representative McGovern last week in Massachusetts, reportedly comparing the congressman to Nazi war criminal Josef Mengele. In fact, the LaRouchies have dubbed their entire campaign, "Stop Obama's Nazi Health Plan," and they have played a central role in disrupting town hall meetings across the country.

Maybe Unemployment Won't Hit Double-digits
August 10, 2009

By far the biggest factor driving the success of President Obama's agenda, and the political landscape in 2010 (which itself may determine how much Obama can do starting in 2001), is the unemployment rate. For quite a while, nearly everybody has been predicting unemployment to top 10%. The Wall Street Journal today makes a fairly convincing case that employment will bounce back strong.

Obama Deranges Terrified Citizens
August 09, 2009

Ed Kilgore is managing editor of The Democratic Strategist, a senior fellow at the Progressive Policy Institute, and a frequent contributor to a variety of political journals.   Of all the back-and-forth recriminations about this week's shriekfests at congressional "town hall meetings," the most maddening is that offered on Friday by the oh-so-eloquent wordsmith Peggy Noonan in the Wall Street Journal. According to Noonan, arrogant Democrats are insisting on health care reform despite its obvious absurdity at a time like this, thereby "terrifying" citizens into protests against the outrage.

Bank Shot
July 08, 2009

Congress's attempts to deal with the housing crisis this spring created surprising rifts within the financial industry, particularly between big banks and investors (at hedge funds and elsewhere).

Prophet Motive
June 03, 2009

This year, Nouriel Roubini, the economist known to the general public as Dr. Doom, Prophet of the Financial Apocalypse, spent the early hours of Mardi Gras on the floor of the Frankfurt Stock Exchange. It was only 11 a.m., but the party was rollicking. Traders careened around the floor, hooting and honking, dressed as dragons and devils and convicts. Rock music roared overhead, and no one seemed to care that, by the bye, the market had tanked.