President Barack Obama has billed his "grand bargain" as the adult compromise because it has something for everyone to hate. The package would raise the $14 trillion debt ceiling (which the public hates), raise taxes by $1 trillion (which Republicans hate) and cut spending by $3 trillion (which Democrats hate) over 10 years. As the president argued in Monday's news conference, it's time for Washington to eat its peas.
In November 1946, a tall, mustachioed figure stood alone on a railroad platform at Washington's Union Station, waiting for the president of the United States to make his ignominious return to the capital. In victorious times, the platform would have been full of welcomers; as it was then, at the time of their party's defeat, Dean Acheson, the future secretary of state, was the only one waiting for President Harry Truman.
The United States is a country that has been peopled largely by vast surges of migration -- from the British Isles in the 18th century, from Ireland and Germany in the 19th century, from Eastern and Southern Europe in the early 20th century, and from Latin America and Asia in the last three decades.
There are a lot of pieces to the debt-ceiling deal. There are the taxes upon taxes, as The Wall Street Journal editors describe it. That's the roughly $1 trillion in new Obama taxes on top of what he's already signed into law. It's an economy and jobs killer.
So where are the jobs? Job creation has basically flattened over the past two months -- very bad news, as unemployment exceeds 9 percent.
My friend Francie's mother used to be known by all as "the Nation." It was a loving nickname based on her tendency to make pronouncements to one and all about what the nation thought of a particular topic. She would laugh.
Some people can spot a slight in every compliment, whereas others -- the happy ones -- find a compliment in every slight. So last week, as a free-market, low-taxes, constitutional conservative, I happily found an apparently unintended compliment from the liberal New Republic.
Republicans want to make Americans more responsible for their own economic security while curbing the protections that would help them do it safely. A double win for Wall Street operators. Republicans deliver them a new batch of easy marks -- Average Joes who don't understand the small print -- and then let the financiers do as they please. A few guys make a quick buck milking the unsophisticated, and when the music stops, the taxpayer picks up the debris. It happens every time, and it will happen again if Republicans succeed in emasculating the new Consumer Financial Protection Board.
As "Harry Potter and the Deathly Hallows -- Part 2," is set to hit theaters Friday, consider J.K. Rowling's villains.
Some of us called it the man-cession. In the deep recession that lasted from December 2007 to June 2009, according to the National Bureau of Economic Research, many more men than women lost their jobs.
"Weaving Spiders Come Not Here" is the motto of San Francisco's Bohemian Club. The motto is supposed to represent the club's edict against doing business during its annual Bohemian Grove retreat, which commences on Thursday on 2,700 acres, 75 miles north of the city. As club spokesman and member Sam Singer explained, "It's a group of gentlemen who are really genuinely interested in arts, theater, jazz and rock 'n' roll." The retreat gives members a chance to "get away from work. It's forbidden to talk about or solicit business at the club or grove."
Suddenly Republican leaders in Congress, after months of staring down the Democrats over a potentially disastrous debt default, began blinking so fast that they might be signaling in Morse code. Although their message is muddled and illogical -- with House Majority Leader Eric Cantor, R-Va., saying he can accept closing tax loopholes only if such measures are "revenue neutral," thus canceling their budgetary value -- the Republicans now appear to understand that they will be blamed by voters if the negotiations collapse.
Here's some friendly fiscal advice: Anytime some Washington big-shot like Ben Bernanke or Tim Geithner claims that immediate spending cuts in the debt deal will harm the economy -- ignore them. Completely. You know why? Because in this great country of ours, spending never goes down. Never.
Casey Anthony killed her daughter. She may not have meant to, and she may have been much more interested in her own social life than in her daughter's well-being, but I have absolutely no doubt that she was responsible for her daughter's death.
Three years ago this month, then-Sen. Barack Obama told an enthusiastic throng in Berlin, "In Europe, the view that America is part of what has gone wrong in our world, rather than a force to help make it right, has become all too common."
The twisting rape case against former International Monetary Fund chief Dominique Strauss-Kahn has set off a whirlwind of journalistic creativity. Commentators are whipping a couple of broken eggs into a grand souffle of sweeping statements about the United States, France and their peoples. The facts still point to a violent sexual encounter between Strauss-Kahn and the African immigrant who accused him of attempted rape in the Manhattan hotel where she cleaned rooms.
It's racially discriminatory to prohibit racial discrimination. That's the bottom line of a decision issued last Friday, just before the Fourth of July weekend, by the U.S. Court of Appeals for the Sixth Circuit.
One would be hard-pressed to find a better example of sheer misguided reporting than the story in The Washington Post last weekend in which it was reported that "Newt Gingrich thinks he can revive his debilitated campaign by talking about Alzheimer's. ... For most presidential candidates, Alzheimer's is a third- or fourth-tier subject, at best. But as Gingrich sees it, Alzheimer's, as well as other niche topics such as military families' concerns and pharmaceutical issues, are priorities. ... By offering himself as a champion of pet causes, Gingrich believes he can sew together enough narrow constituencies to make a coalition -- an unconventional one, yes, but a coalition nevertheless."
Poll after poll shows that the American people want higher taxes. That's not the same as liking higher taxes. The people have simply concluded that higher taxes are preferable to the alternative -- so vividly portrayed in the Republican plan to do away with government guarantees in Medicare.
One of the interesting things about our country, the independence of which the Founders declared 235 years ago today, is that we have been a property-holders' democracy.
