Top Troop Request for Afghanistan Exceeds 60,000, Minimum of 40,000

October 9, 2009

Time to consider three unthinkable options — time for Obama’s fifth cabinet-level meeting of his war council to pick one. “Although most requests for forces include only a single troop figure, Pentagon officials have acknowledged that Gen. McChrystal’s request was unusual given the continuing review of Afghan strategy.”

More →

Glenn Greenwald on Obama's Undeserved Nobel Peace Prize

October 9, 2009

“When I saw this morning’s top NYT headline — “Obama Wins Nobel Peace Prize” — I had the same immediate reaction which I’m certain many others had: this was some kind of bizarre Onion gag that got accidentally transposed onto the wrong website, that it was just some sort of strange joke someone was playing.”

More →

Krauthammer: Young Hamlet's Agonizing Over Afghanistan

October 9, 2009

“Brilliantly crafted and perfectly cynical, the “Iraq War bad, Afghan War good” posture worked. Democrats first won Congress, then the White House. But now, unfortunately, they must govern. No more games. No more pretense.” But that was then, and this is now, when “Obama agonizes publicly as the world watches.”

More →

Obama's Nobel Prize: Editors Roundtable

October 9, 2009

We asked The New Ledger’s contributors and editors to share their thoughts on President Obama’s big Nobel Prize victory. “You know, in a very real sense, the Committee missed out on some real worthies. After all, Kim Jong Il and Mahmoud Ahmadinejad have done more to bring an awareness of the danger of nuclear arms to the world than anyone since Truman.”

More →

Obama Wins Nobel Peace Prize For Achieving World Peace

October 9, 2009

Not even the New York Times can restrain its shock: “In a stunning surprise, the Nobel Committee announced in Oslo that it has awarded the annual prize to the president ‘for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples.’” Hillary Clinton might as well resign right now.

More →

CBO Provides All the Cover Needed for Getting Chairman's Mark on Health Bill Out of Committee

October 8, 2009

CBO’s take: “as good as the White House or Senate Majority Leader Harry Reid could have wanted. The Baucus bill came in under budget, covers 94 percent of American citizens, reduces the deficit by $81 billion after 10 years and continues to rack up savings in the second decade.” The devil is in the details.

More →

Civilian, Military Officials at Odds Over Afghanistan

October 8, 2009

“With the costs now clearer, some officials at the NSC and State Department who voiced support for counterinsurgency in March have started to consider other options. There is increasing interest in Biden’s stance, as well as in a modified counterinsurgency effort that would involve sending more military trainers but not more combat forces.”

More →

Taxing the Rich: Everyone's Doing It

October 8, 2009

Malanga: “In most states with double-digit (or near double-digit) top tax brackets, the combined federal and state tax bite will thus soon reach 50 percent of income, especially when you consider that the federal alternative minimum tax excludes many deductions by higher income households (including big, fat deductions for hefty state and local taxes).”

More →

What's in the Baucus Bill? A Seventy Percent Tax on Work

October 8, 2009

“A family with an income at twice the poverty line, or $48,000 in 2016, would get $9,072 in federal assistance for coverage, still a substantial sum. But it’s $7,400 less than the family would get if they earned half as much.” That’s “an implicit marginal tax rate of about thirty percent on wages.”

More →

New GM is Failing Just as Badly as Old GM

October 8, 2009

“GM is falling short on several significant goals it plans to meet by year’s end, including worker reductions and the sale of failing brands, Chief Executive Frederick “Fritz” Henderson told reporters and analysts… GM has about 10,000 more U.S. workers than it plans to have by the end of 2009″ This was a great idea.

More →