this is an adventure

Buying them off? “President Barack Obama’s willingness to keep Bush-era policies on government-backed religious charities opposed by many liberals is helping to woo traditionally Republican evangelical leaders who can influence key blocs of voters.”

Jay Cost on Obama’s “consistent pretensions toward bipartisanship … he consistently joins a partisan attack with an appeal to bipartisanship. I do think the political benefits of this are questionable. If this is the President’s view of the public discourse – he should not hold his breath for Republican cooperation.”

“What we are left with is a series of statements made by a well-intentioned but ultimately misguided Volcker about how he wants new legislation that would prohibit banks that are considered ‘too big to fail’—Citigroup, Bank of America, Morgan Stanley, Goldman Sachs, and JPMorgan Chase—from engaging in so-called proprietary trading activities.”

“By President Obama’s own optimistic projections, American deficits will not return to what are widely considered sustainable levels over the next decade. In fact, in 2019 and 2020, years after Mr. Obama has left the political scene, even if he serves two terms, they start rising again sharply, to more than 5 percent of GDP.”