Ignatius: Let's Give FDR a Rest for a While

March 7, 2009

WASHINGTON — There has been a lot of speculation about whether Barack Obama can be another Roosevelt, but I wonder if we’re talking about the right Roosevelt. In fixing the financial crisis, Obama could use a little less of FDR’s affection for economic giantism, and a little more of TR’s zeal for trust-busting.

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Where the Homeowners Aren't: The Isolated Foreclosure Problem

March 7, 2009

A fascinating graphical presentation from USA Today points out an under-reported fact: that essentially the housing crisis exists only in 35 counties. SoCal, Vegas, Phoenix, Washington and South Florida have been hardest hit, but foreclosures in the rest of the country have actually dropped since 2006.

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Tim Geithner Under Pressure: The View From Down Under

March 7, 2009

The view of Tim Geithner from Australia is not exactly restrained: they think him an enormous fool. Why? The greatest feather in his cap is the Asian financial crisis of a decade ago, where “Geithner fundamentally misdiagnosed the problem. And his misdiagnosis led to a dreadfully wrong prescription.”

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Firefox 3 Makes Big Gains on Internet Explorer

March 7, 2009

New York, Wednesday, 4th March 2009: Mozilla Firefox 3 overtook Microsoft’s Internet Explorer 6 for the first time in February in the Internet browser wars according to monthly data from StatCounter Global Stats (http://gs.statcounter.com) – the new free analysis tool. Internet Explorer 7 continues to lead globally with 41% market share. However, Firefox 3 is […]

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Obama to use Taxpayer Funds for Embryonic Stem Cell Research

March 6, 2009

WASHINGTON — President Barack Obama expected to sign an executive order on Monday reversing restrictions on federal funding of embryonic stem cell research.

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Do-Over in Minnesota Senate Race? Public Divided

March 6, 2009

A proposal to conduct a re-vote in Minnesota’s deadlocked Senate race has stirred up some strong opinions. Republican Norm Coleman and his attorneys have suggested the state consider re-doing the Nov. 4 election because of fundamental flaws in the way the ballots have been counted.

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Michelle Obama Serves DC's Blackberry Equipped Homeless

March 6, 2009

First Lady Michelle Obama showed up Thursday as a surprise and welcome volunteer at Miriam’s Kitchen, a soup kitchen for homeless poor people not far from the White House. She brought with her some food donated by White House staff.

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Democrat Leaders Tell White House They're Concerned About Freeman Appointment

March 6, 2009

It looks like some members of the Dem Congressional leadership may be on the verge of coming out and taking public whacks at Chas Freeman, the Obama administration’s pick for the key post of National Intelligence Council chief who is taking fire from the pro-Israel lobby and neocons over his foreign ties and criticism of […]

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York: Limbaugh's Ratings Way, Way Up

March 6, 2009

One side effect of the Democratic campaign against Rush Limbaugh has been to increase — dramatically increase — the talk show host’s ratings. This morning I asked Rush if he had any numbers he could share on just what effect the increased visibility has had on his business.

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$50 Billion in Madoff Losses Significantly Inflated

March 6, 2009

NEW YORK (AP) — Bernard Madoff and $50 billion. His name and that number have become inseparable in describing the enormity of what has been called the largest white-collar fraud in history. It’s a figure that has helped demonize Madoff and relegate big-time money managers charged in subsequent securities schemes to mere “mini-Madoff” status.

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