Archive for August, 2009

Big Returns On Bank Bailouts

A new report shows that the government has reaped a healthy 15 percent profit - nearly $4 billion - on some of its TARP bailout investments from the height of the financial crisis last year thanks to repayments from banks that have bounced back after the economic panic of last year.
While not all of the […]

Dick Cheney: Media Darling, Expert In Entirely Unshocking Political Criticism

Andrew Sullivan of The Atlantic has some strong words for Chris Wallace of Fox News over Sunday’s eminently cuddly and all-to comfortable chat with former Vice President Dick Cheney.
Now look: there are softball interviews; and then there are interviews like this. It cannot be described as journalism in any fashion. Even as propaganda, which is […]

King Of The “Mobs”

The New York Times offered a weekend health care-focused profile of South Carolina Republican Jim DeMint, a rising Senate star among the conservative base, a man not especially liked by his party leadership, and someone who apparently agrees with the premise that President Obama’s health care reform will allow government control of your bank account […]

SC Republicans Prepared To Act If Sanford Does Not Resign

The weekend retreat for South Carolina Republican legislators in Myrtle Beach was billed as a crucial moment in the political future of Gov. Mark Sanford, and although no formal moves to impeach the scandalized governor were initiated, the coming days look very bleak. No Republicans offered a defense of Sanford and most actively called for […]

RNC Chair Trips Over Medicare Debate

RNC Chairman Michael Steele gave an interview to NPR on Thursday that is clouding the position of the Republican Party on health care reform and giving more ammunition to Democratic accusations that the GOP is only challenging President Obama’s proposed savings in Medicare spending for political reasons after years of calling for even deeper cuts […]

Michael Dukakis, The Next Junior Senator From Massachusetts?

Michael Dukakis is one of the more intriguing and potentially serious names that has come up for consideration as a replacement for Ted Kennedy. While no one can be appointed yet given the Massachusetts rule of a mandatory special election, there is a good chance that rule gets changed per the late Sen. Kennedy’s wishes.
If […]

Political Future Looks Grim For Sanford

Unmoved by Republican Gov. Mark Sanford’s angry rebuttals to those who are calling for his resignation and his determination to keep the keys to the Palmetto State governor’s mansion, his fellow Republicans in the South Carolina legislature are set to tee Sanford up for impeachment, with proceedings likely to begin when the legislature reconvenes in […]

Edward M. Kennedy - 1932-2009

The dominant story of the day and of the week will be Sen. Ted Kennedy’s passing and remembering the “Lion of the Senate.” Tributes have been pouring in since the news broke, including an impressive display of affection and sadness from the Republican side of the aisle. Despite his reputation as a fiery liberal, Ted […]

Grassley Backs Away From Reform Promises

The most significant Senate Republican engaged in bipartisan talks to make a deal on health insurance reform continued his recent pattern of highly cautious and vaguely pessimistic language about whether he could support a reform bill that leaves the Senate Finance Committee.
Iowa Republican Chuck Grassley told the media on Tuesday that the response from his […]

GOP Pressure Moves Sanford Closer To Exit

Despite the national furor over South Carolina Gov. Mark Sanford’s very public Argentine romance and subsequent political implosion having died down long ago, the Republican may not be able to save his job thanks to the story becoming an ongoing saga that his own GOP colleagues seemingly cannot take anymore.
Two new developments appear to have […]