Kagan: This is No Time to Cut Defense Budget

February 3, 2009

Pentagon officials have leaked word that the Office of Management and Budget has ordered a 10 percent cut in defense spending for the coming fiscal year, giving Defense Secretary Robert Gates a substantially smaller budget than he requested. Here are five reasons President Obama should side with Gates over the green-eyeshade boys.

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David Frum Breaks Ranks

February 3, 2009

On the evening of January 20, as Washington’s liberals were toasting the inauguration of Barack Obama, some of the city’s most prominent conservative intellectuals escaped to the elegant Northwest Washington home of David Frum.

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Delusional in Davos

February 3, 2009

“Everything has to change in order for everything to stay the same,” wrote the Italian author Giuseppe Tomasi di Lampedusa in his famous novel The Leopard. The novel is set in 19th-century Sicily, but Lampedusa could just as easily have been describing the 2009 World Economic Forum in Davos.

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TARP Sponsors Squash Tourney

February 3, 2009

Despite receiving $28.4 billion in federal taxpayer bailout funds, JPMorgan Chase and American Express sponsored a weeklong professional squash tournament in New York last month at the same time lawmakers were denouncing wasteful Wall Street spending.

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List of Lobbyists in Top Admin Jobs Lengthens

February 3, 2009

Barack Obama has received some criticism for going back on his word to deny former lobbyists places of influence in his Administration. Obama had to issue at least two embarrassing waivers for former lobbyists less than a week after he established anti-lobbyist rules with one of his first acts as president.

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Daschle Pushed Patron for Admin Job

February 3, 2009

Tom Daschle backed the patron who paid him a million-dollar salary and supplied him with a free car and driver for a job inside the Obama administration, two Democrats said Monday.

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Stimulus Bill Doesn't Protect Whistleblowers

February 3, 2009

Although government watchdog groups have been largely supportive of the bill’s provisions for oversight of government contractors, some say that a key problem may have been overlooked: several important means of holding government contractors accountable are missing from the voluminous 647-page stimulus bill.

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NYTimes Editorial: Daschle Should Withdraw

February 3, 2009

Unfortunately, new facts have come to light — involving his failure to pay substantial taxes that were owed and his sizable income from health-related companies while he worked in the private sector — that call into question his suitability for the job. We believe that Mr. Daschle ought to step aside and let the president […]

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Holder Confirmed Easily as New AG

February 3, 2009

Eric Holder was confirmed by a wide bipartisan Senate vote on Monday to become the nation’s first black attorney general. The Senate voted 75-21 to confirm Holder, who overcame early concerns raised by Republicans regarding his role in several controversies while serving as deputy attorney general in the Clinton administration.

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Bank CEOs Summoned to DC Next Week to Explain TARP

February 3, 2009

Citigroup Inc., JPMorgan Chase & Co. and seven U.S. financial firms that got funding from the $700 billion bank-rescue package have been summoned to send their chief executive officers to testify before Congress next week.

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