At The Corner, Newt Gingrich points out an irony: If this were a Democratic administration the Republicans in the House and Senate would be demanding answers and would be organizing for a “no” vote. If a Democratic administration were proposing this plan, Republicans would realize that having Connecticut Democratic senator Chris Dodd (the largest recipient [...]
Last night, on 60 Minutes, John McCain said that one of the lessons he learned from this campaign is that it is unwise to have long conversations with reporters. The exchange came after Scott Pelley of 60 minutes made an oblique reference to McCain’s comment during the primaries that he did not understand economics as [...]
However this bailout ends up working, it is going to transform Washington–and shape the presidency of whoever wins in November. On TIME.com, Michael Duffy tells us how.
Last week I wrote a blog post complaining that — shock and surprise — the presidential candidates have been running television ads that confuse their opponents’ positions on key issues with a specific technique: Instead of citing what their opponent plans, the ads cite old votes, an approach which distorts the actual debate. I was [...]
There seems to be a rare harmonic convergence on the op-ed page of the New York Times today, both Paul Krugman and William Kristol–the alpha and omega of the Times’ columnist corps–are opposed to the Bush Administration gargantuan Wall Street bailout. Krugman obviously knows a lot more about economics than Kristol. Indeed, Krugman has been [...]
