Budget Lays Out Obama's Ambitious Agenda

February 26, 2009

The spending continues: POTUS’s first budget, to be released Thursday, will include a decade long $634B health care reserve fund to remake health care in America. Senior official tells Tapper: it’s just a “down payment.” Sources for funding include theoretical $176B in savings from adding competitive bidding to Medicare. It’s fun to play pretend.

More →

Pakistan Plunges into Political Crisis

February 26, 2009

Pakistan President Asif Ali Zardari, Benazir Bhutto’s widower, vowed to unite the country in the wake of his election. But Islamist violence, economic failure, and a Supreme Court decision to bar opposition leader and former PM Nawaz Sharif from holding office has thrown the country into crisis.

More →

Reilly: Like it or Not, Bank Nationalization is a Done Deal

February 26, 2009

The current bank nationalization debate misses the point. The plan as it stands a plan that “uses nationalization to prevent nationalization.” Who survives and who dies is entirely up to Washington. “Fundamental analysis of banks is now nearly impossible; it is all down to government whim.”

More →

Schoenfeld: Intel Pick of Freeman is Disastrous, Shocking

February 26, 2009

The last WH was in constant conflict over politicization of intel operations. With the choice of Chas Freeman to head the National Intelligence Council, is this WH be headed in the same direction? Former head of the MEPC is viewed as a Beltway mouthpiece for Saudi Arabia and sided with China on Tiananmen.

More →

Obama's Speech, Annotated

February 26, 2009

Just in case you couldn’t get enough of the non-State of the Union goodness, National Journal offers up a fully annotated version of the speech, with fact checking, responses from pundits and bloggers, and thinktank commentary on policy choices. All in all, a very useful tool analyzing a speech that encapsulated Obama’s vision for America.

More →

Global Warming Even More Damaging Without Warming Part

February 26, 2009

Report from proceedings of the NAS details how global warming won’t actually have to warm that much to cause more “extreme weather,” enhanced threats to plants, animals, increased likelihood of heat waves, etc. So all the negative ramifications and it’s such a small adjustment, it can’t be stopped? Somehow this doesn’t seem a wise expenditure.

More →

Peter Orszag Steps Into the Daschle Health Policy Gap

February 26, 2009

Young OMB director Orszag, known as “the left’s favorite Cabinet member,” steps into the health policy gap left by the departure of Tom Daschle. He “sees an opening to reforming American health care through sheer analytical will,” and the applied power of massive taxpayer funds. About that promise to cut the deficit in half?

More →

UK's Jack Straw Falls For Nigerian Email Plot

February 26, 2009

Jack Straw, who had formerly launched a National Hi-Tech Crime Unit, gets suckered by a simple phishing Nigerian email scam through a vulnerable Hotmail account, snagging hundreds of private email addresses for PMs and key staffers, pouring more spam emails into inboxes throughout Blackburn. People getting the email were smarter: no money was sent.

More →

Clap Clap, Clap Clap

February 25, 2009

To the bemusement of VP Biden, Nancy Pelosi sets a new mark for clapping techniques in this video, as her eagerness to applaud the slightest line from President Obama’s non-SOTU earns her a bit of good natured mockery. Now where can we order that snuggie with the sporty green tassels?

More →

House GOP Starts Talking Up "Spending Freeze" Idea, Target $410B Omnibus

February 25, 2009

Between to Monday’s Fiscal Responsibility Summit and Tuesday’s presidential address to Congress, the White House’s economic message shifted to new territory: health care. “To my fellow budget hawks in this room and in the rest of the country, let me be very clear,” said Peter Orszag, the director of the Office of Management and Budget, […]

More →