Sign In
SHARE
Email Confirmation
Capital
Is the recession so bad that a governor has to bribe to get a $250,000 job? ...
Continue
What I learned about Pat Fitzgerald ...
Continue
On January 20, Barack Obama will be sworn in as the 44th president of the United States. And lIke Franklin Delano Roosevelt did as he took the White House while facing the Depression, he'll have to make it up as he goes ...
Continue
See more in
My bet is that he's going to have to modify his plans slightly. Whatever majority he garners should he win, it's not going to be one that's eager to hike taxes. Bill Clinton had almost 60 Senate Democrats in 1993 and barely got his tax hikes through. I'm not sure it's going to be that much easier this time, even with a bevy of Democrats. Of course, Obama just has to let the Bush tax cuts expire, but since he wants to keep them in place for lower income workers, he still has to pass something. Watch for the top tax rate to go up a tad, but any increase in capital gains taxes are a harder sell. There's going to be too much market volatility and too much organized interest against those hikes ...
Continue
See more in
In less than two weeks Barack Obama will be the president elect. Maybe I'm wrong and McCain will defy all the polls and all the gloomy Republicans who portray him as doomed but I don't think so. What I wonder is this: Did it have to be this way? Was McCain doomed or could different decisions along the way have changed things? ...
Continue
See more in
People care about one big thing and that's the economy. Even Iraq feels more distant. (I think it was the first debate without McCain praising General David Petraeus.) McCain has a case to make on the nation's financial health. I don't buy it, but at least it's an honest argument about taxation and spending. Anytime McCain got off a legitimate economic argument, it hurt him. I can't believe Joe the Plumber really cares about Bill Ayers ...
Continue
See more in
What it shows is that McCain isn't too old to be president; he's offering a lot of evidence that he's too adolescent. He's impetuous, imprudent. This latest proposal is as wild as the debate-canceling threat from a couple of weeks ago. I think we're getting a vision of the McCain presidency that's akin to Elvis firing up the Lisa Marie and taking his posse cross country for peanut butter and banana sandwiches. Every week would be an adventure ...
Continue
See more in
J. Jennings Moss reports: It's surprising that it's taken the Obama campaign this long to slam McCain over his ties to Keating ...
Continue
See more in
The House of Representatives, which on Monday rejected a bipartisan bailout plan for Wall Street, today reversed course and backed a modified version of the measure. The Senate approved the plan on Wednesday ...
Continue
See more in
J. Jennings Moss writes: No one said getting the House to change its mind about the Wall Street bailout plan was going to be easy, but leaders of both parties thought going into today that they'd pull it out. It might end up being a very long day ...
Continue
See more in
Both were dishonest in a fundamental sense. Both of these vice presidential candidates left the impression that they could offer a lot of benefits to the middle class. Biden repeated the 95 percent of Americans getting a tax cut pledge from the Obama campaign. Palin left a similar impression that she and John McCain could bestow benefits on a beleaguered middle class ...
Continue
See more in
J. Jennings Moss writes: The funny thing is, neither one is really like the majority of Americans, at least in terms of their wealth. Sure, neither one owns about a dozen houses, like one of the presidential nominees. But neither is hurting too much either ...
Continue
See more in
Besides, shouldn't his considerable talents be put elsewhere? Bloomberg would be a strong Treasury Secretary for either John McCain or Barack Obama. He could devote himself to saving the American newspaper by making a run at the New York Times and saving it from the Sulzbergers and the hedge funds. He could start a new era in philanthropy and be every bit in the league of Carnegie, Rockefeller and Gates. He could head the effort to reform the American financial system that will surely need an overhaul ...
Continue
See more in
The Senate may have acted with more unity than the unruly House in passing a bailout package but it's just as culpable in the crimes that got us to this poin ...
Continue
See more in
Everyone has expressed a determination to go back to the drawing board. But the problem is that no one agrees on the fundamentals ...
Continue
See more in
The damage is done and we'll see if the Cassandras were right. As Hank Paulson told the bipartisan leadership some ten days ago, "Heaven help us." ...
Continue
See more in
They killed it ...
Continue
See more in
BREAKING: The House shocked Wall Street and voted down the bipartisan financial bailout plan, J. Jennings Moss writes. Lawmakers kept the vote open way beyond the 15-minute voting time so that backers of the plan could hit up opponents and ...
Continue
See more in
J. Jennings Moss writes: Buffett warned that the United States would face "its biggest financial meltown in American history" if congressional negotiators couldn't find common ground on a $700 billion plan to rescue Wall Street, according to a report on CNN.com ...
Continue
See more in
McCain who has seemed adolescent and impetuous for the last week seemed steadier, while Obama continued to look very much like a president ...
Continue
See more in
Recent Blog Posts
- Blago's Lowball
- Dec 11 2008 4:46PM EST
- Dear Governor Blagojevich
- Dec 9 2008 3:38PM EST
- The Mystery of President Obama
- Nov 4 2008 11:01PM EST
- Will Obama Really Raise Taxes?
- Oct 30 2008 12:00AM EDT
- How McCain Could Have Won
- Oct 23 2008 12:00AM EDT
- Joe the Plumber's 19 Days
- Oct 16 2008 12:15AM EDT
- McCain's Insane Mortgage Proposal
- Oct 7 2008 11:49PM EDT
- The Keating Connection
- Oct 6 2008 12:25PM EDT
- House Backs Bailout
- Oct 3 2008 1:27PM EDT
- Second Time a Charm, or a Curse?
- Oct 3 2008 11:44AM EDT
- The Biden-Palin Panderfest
- Oct 3 2008 12:00AM EDT
- The Somewhat Sweet Lives of Biden, Palin
- Oct 2 2008 3:30PM EDT
- No Third Term for Bloomberg
- Oct 2 2008 12:37PM EDT
- The Self-Congratulatory Senate
- Oct 1 2008 11:23PM EDT
- Six Paths to (Possible) Bailout Success
- Sep 29 2008 6:30PM EDT
Archive
Jul
2009
Categories
Links
- Huffington Post
- Talking Points Memo
- Power Line
- Real Clear Politics
- Drudge Report
- The Politico
- The Political Animal
- The Daily Dish
- Matthew Yglesias
- Tapped: The American Prospect
- firedoglake
- Atrios
- KausFiles
- Instapundit
- Swampland
- Daily Kos
- Red State.org
- National Review
- Blogging Heads
- Freakonomics
- Marc Ambinder
1
