Why Republicans Should Be Concerned About What's Happening at the RNC

October 16, 2009

Jay Cost outlines the basic demands of leading a party, and details the RNC’s failure. “Republicans should be worried about Michael Steele. I wouldn’t press the panic button just yet. The last report was not too bad, so maybe he is turning a corner. Yet all told there are big reasons for concern.”

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Do Democrats Still Need 60 Votes to Pass Health Care Transformation?

October 16, 2009

Reconciliation remains on the table: “Liberal advocates for reform say getting all 60 Democrats to cooperate should not be difficult, even to pass a bill with the much-debated public option, since they do not even technically need to vote for the bill — they simply need to agree to not stand in the way.”

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A Strategy for Winning in Afghanistan

October 15, 2009

A close reading of McChrystal’s analysis directed to the Pentagon and the White House “provides a window into his thinking. It shows why a COIN campaign is needed, how it would be carried out, and why the kind of narrow counterterrorism effort favored by so many amateur military strategists is unlikely to succeed.”

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Dollar to Hit 50 Yen, Cease as Reserve Currency

October 15, 2009

“The U.S. economy will deteriorate into 2011 as the effects of excess consumption and the financial bubble linger,” said an analyst at Japan’s third-biggest bank. “The dollar’s fall won’t stop until there’s a change to the global currency system.” If the dollar really falls to 50 yen, the Japanese economy would get taken apart.

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Lessons Not Learned From the Crisis: Driving Off Another Mortgage Cliff

October 15, 2009

Steven Malanga on the foreclosure disaster: “It’s clear that little about the financial nightmare we’ve been through has prompted Washington to examine closely the data that’s available and reevaluate its long and often disastrous policy of subsidizing home ownership in America at risky and often counterproductive levels.”

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According to the Media's Coverage of Rush Limbaugh, Wikiquote is Now a Verified Source

October 14, 2009

“In Jason Whitlock’s world, anyone at any time can claim that some unidentified person told them that Rush Limbaugh said [X], at a time and place they can’t identify, and if it touches on anything racial, it is fair to assume that Rush really said it because he doesn’t get ‘the benefit of the doubt.’”

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Vaclav Klaus Holds Fast: Not Exactly Mister Popular in Europe Right Now

October 14, 2009

The Czech obstacle to the Lisbon treaty must now be cleared at a Brussels summit on Oct 29: “The preferred EU option is to offer the Czech Republic “legal guarantees” such as those that were given to Ireland, before the country held its second, successful referendum on the treaty earlier this month.”

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Health Insurers Turn on Obama: "Now, They Have An Enemy"

October 14, 2009

Here comes the smackdown: “attacks on the leading Democratic reform plan this week by the insurance lobby left little doubt that two of the most powerful institutions involved in the debate — the White House and the nation’s insurance companies — have abandoned any real hope of forging a compromise.”

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The Baucus Plan is Go For Now, But What Awaits It?

October 14, 2009

“The challenge that the Democrats faced in the summer remains: can they find a compromise that (a) wins 218 votes in the House; (b) wins 60 votes in the Senate; (c) is not some Frankensteinian monster that scares off the broad middle, which Mickey Kaus has cleverly taken to calling the congressional id.”

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Wall Street on Track to Give Out Record Pay, Doubtless Inspiring Anger From Washington

October 14, 2009

“Major U.S. banks and securities firms are on pace to pay their employees about $140 billion this year — a record high that shows compensation is rebounding despite regulatory scrutiny of Wall Street’s pay culture.” If you’re working at a top 20 firm, you should expect to earn even more than in the peak year […]

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