The FBI briefed reporters Monday on the widening probe into insider trading on Wall Street. The feds are building cases against as many as 120 people, according to reports out of the briefing. It’s the first time the feds have put a number on the size of the insider trading probe.
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How House Republicans Are Whipping for Debt Ceiling Votes
[youtube=http://www.youtube.com/watch?v=ub792aeMjlM]
By showing their members this clip from a Ben Affleck bank robber movie, says the WashPost:
Douglas Holtz-Eakin Explains the Debt Limit
Sorkin was funnier. But here’s a more serious–and therefore more bracing–explanation by a prominent GOP economist. That it comes from a staunchly conservative Republican makes it all the more striking.
[youtube=http://www.youtube.com/watch?v=63vyrsCGyGE]
Aaron Sorkin Explains the Debt Ceiling
Okay, Japan might not actually slide into the sea. The rest might not be too far off.
[youtube=http://www.youtube.com/watch?v=v5igKuNF1rI]
The Five Biggest Flip-Flops of the Debt Ceiling Debate
They say in politics that you know you’ve become a statesman when you’ve been on almost every side of an issue at one time or another. When Washington politicians draw lines in the sand, those lines are almost always …
As the Debt Debate Shifts, Tea Partyers Plan to Hold Their Ground
As word broke that President Obama and House Speaker John Boehner may be nearing a deal that would raise the debt limit while cutting $3.5 trillion over the next decade, a large group of Republicans were serving notice that the pact likely won’t be enough to mollify the party’s conservative wing. A bicameral cadre of some 20 GOP …
Law Enforcement as a Counterterrorism Tool
David Kris, the former head of the Justice Department’s National Security Division and an expert in national security law, has published in a scholarly journal a lengthy defense of the use of criminal prosecution as one tool in the larger counterterrorism toolbox. Kris is universally respected on both sides of the aisle: he worked on …
Michelle Bachmann and the Sexism Factor
After the apology of senior advisor Vin Weber for referring to Michele Bachmann’s “sex appeal,” Tim Pawlenty’s team is learning the hard way that campaigning against a woman can be uniquely tricky. The charge of sexism constantly lurks just around the corner. It is frequently justified, because politics and media remains a male-dominated …
Where Democrats Erred on Health Reform, Peter Orszag Edition
Former Obama Administration budget director Peter Orszag has not exactly worked hard to maintain friendly ties with the White House since he left his post in the summer of 2010. First, he took a job writing columns for The New York Times, the first of which ran in September 2010 and suggested extending the Bush tax cuts for the wealthy, …
Grover Norquist, Tom Coburn, AARP and the Looming Deficit Showdown
As I type this, Vice President Joe Biden is one floor below me, cloistered in a room with congressional negotiators trying to work out a deal to slash deficits and raise the debt ceiling before the Aug. 2 deadline, when the …
First Gabrielle Giffords Photos Released Since Shooting
Five months after being shot in the head at a constituent meet-and-greet in Arizona, Giffords appears smiling outside in two photographs released by the congresswoman’s office. She’s been rehabilitating at a facility in Houston, …
Hillary Clinton to the World Bank?
Reuters reports: “Secretary of State Hillary Clinton has been in discussions with the White House about leaving her job next year to become head of the World Bank, sources familiar with the discussions said Thursday.”
Clinton’s longtime communications aide, Philippe Reines, is denying the story and a senior administration official …
Gingrich’s Senior Aides Jump Ship En Masse
While Newt Gingrich and his wife are off on a two-week Greek cruise to recuperate from three exhausting weeks of campaigning, his political operation is imploding. The AP and Politico are currently reporting that six senior campaign staffers–including campaign manager Rob Johnson and spokesman Rick Tyler–are quitting en masse.