Bernanke to the Rescue By Lawrence Kudlow
Damn the torpedoes! Up periscope! Full speed ahead! Ben Bernanke and the Fed to the rescue!
Political Commentary
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August 10, 2011
August 9, 2011
No Time to Panic This Economy Can Hold Up By Lawrence Kudlow
During a period like this, with stocks plunging almost on a daily basis, it’s clear that fear and shock are ruling the roost. But fear can be overdone. As someone who has been around awhile and has seen many sell-offs, let me offer some advice: Do not panic. Market corrections come and go. They are not the end of the world. Most times they are actually healthy.
August 9, 2011
This Is What Happens When a City Goes Bankrupt By Froma Harrop
The stock market plunged over 500 points last Thursday, but no one seemed very perturbed about it in this tiny factory town. Three days before, Central Falls had filed for a Chapter 9 bankruptcy. These working-class folk see bottoms fall out on a regular basis.
August 8, 2011
Americans Want the Honor of 'Earned Success' By Michael Barone
Why aren't voters moving to the left, toward parties favoring bigger government, during what increasingly looks like an economic depression? That's a question I've asked, and one that was addressed with characteristic thoughtfulness by Democratic pollster Stanley Greenberg in The New York Times last week.
August 6, 2011
More Obama Spending Won’t Do It. And stocks know it By Lawrence Kudlow
There he goes again. Out on the campaign trail, President Obama is proposing more federal spending as his answer to sluggish growth and jobs. That won’t do it, Mr. President.
August 5, 2011
"Safe" To Vote No: Analyzing The Debt Ceilng Vote By Larry Sabato, Kyle Kondik and Isaac Wood
What a week it has been! As the political world recovers from its deep exhaustion and wonders about the fallout from the debt ceiling deal, it’s worth taking a step back.
August 4, 2011
Chasing Votes by Promising to Do Impossible Things By Michael Barone
"Leading from behind." That's what an unnamed White House aide told the New Yorker's Ryan Lizza that Barack Obama was doing on Libya.
August 4, 2011
No Recession: Strong Profits, Easy Money and Tea Party Gains Argue Against It By Lawrence Kudlow
Stocks and bond yields are sinking as Wall Street disses the debt deal and instead focuses on a likely double-dip recession.
August 3, 2011
Debt Status Quo Triumphs Over Future -- Again. By Tony Blankley
The debt deal, if it sticks, is a triumph for the bipartisan, status quo-clinging Washington establishment. Here is a prediction: Between now and January 2013, total actual spending cuts will be minimal. That will result from the following: (1) The $900 billion deficit reduction is almost all back-loaded to the years beyond 2012. (2) The select committee created by the budget deal will fail to pass a "second tranche" deficit-cut package of an additional $1.5 trillion. (3) The "trigger" will be pulled that will identify an additional $1.2 trillion. (4) The pulled trigger won't require any more deficit reductions to go into effect until 2013, when a new Congress and either a new president or a re-elected President Obama will be able to re-decide (or repeal) all these decisions. That president will also have to decide what to do with the expiring Bush tax cuts, which if extended would be scored to increase deficit by $3.5 trillion over ten years. (5) The debt ceiling will not need to be raised until 2013.
August 2, 2011
Democrats Also Need a Presidential Primary in 2012 By Froma Harrop
Ed Rendell, do you have plans for 2012? Hillary Clinton? If you, the former Democratic governor of Pennsylvania, or you, the secretary of state, are free next year and wouldn't mind, would you please launch a primary challenge against President Obama?
August 1, 2011
Republicans Win When the Fight Is Over Cuts Not More Taxes By Michael Barone
Everyone seems pretty cross at this juncture in the fight over raising the debt limit. As this is written, the House has just passed the bill that Speaker John Boehner yanked from the floor Thursday night and then revised with a balanced-budget amendment on Friday. The Senate has yet to pass Majority Leader Harry Reid's measure that in many but not all respects is not that much different.
July 31, 2011
In This Brave New World, 160 Million Girls Are 'Missing' By Debra J. Saunders
The world is becoming unbalanced. In pockets across the globe, women are giving birth to too many boys. In China, the sex ratio is 121 boys to 100 girls. In India, it's 112-to-100. Sex selection also is a force in the Balkans, Armenia and Georgia. In her eye-opening book, "Unnatural Selection: Choosing Boys Over Girls, and the Consequences of a World Full of Men," journalist Mara Hvistendahl estimates that ultrasound and abortion have "claimed over 160 million potential women and girls -- in Asia alone." That's more than the entire female population of the United States.
July 30, 2011
Why China is Laughing All the Way to the Bank By Joe Conason
The global impact of the American debt crisis -- and the likelihood of permanent damage to American interests -- are already visible to Sen. John Kerry, D-Mass., from his perch as chairman of the Senate Foreign Relations Committee. Indeed, he is not only seeing but hearing those effects.
July 29, 2011
The Nazi from Norway By Susan Estrich
They were texting their parents as they were being killed.
July 29, 2011
Why Can't Women Be Comfortable? By Froma Harrop
Women run companies and countries. Some even play on co-ed football teams. But there's one glaring gender disparity that never gets better and only seems to grow: comfort.
July 28, 2011
A Downgrade Is Serious Business By Lawrence Kudlow
Standard & Poor's government-credit-ratings guru David Beers played his cards close to the vest on the topic of a U.S. downgrade in our CNBC interview this week. However, this head of S&P's global sovereign-ratings business -- with a staff of 80 covering 126 countries -- issued three strong warnings to the debt-ceiling negotiators in Washington.
July 28, 2011
The Folly in Obama's 'Grand Bargain' by Debra J. Saunders
Here is what I do not understand: President Barack Obama is acutely aware of what will happen if Congress fails to raise the government's $14.3 trillion debt ceiling. As he told the nation Monday, if Washington does not raise the debt ceiling by Aug. 2, rating agencies are expected to downgrade the government's AAA credit rating, and interest rates will rise for everyone. The fallout could spark "a deep economic crisis."
July 28, 2011
Under Obama, Millennials Move Into the Republican Fold By Michael Barone
Most presidents affect the standing of their political parties. Ronald Reagan advanced his party's standing among young voters. So did Bill Clinton.
July 27, 2011
Stand by Your Man By Susan Estrich
The headlines on the Drudge Report make it sound worse than it is: "Blacks, liberals flee in droves." And underneath: "Sanders (that's Bernie Sanders, the Independent from Vermont): Obama should face primary challenger." And above: "Obama's Base Crumbles."
July 27, 2011
Government by Coup de Theatre or the Constitution? By Tony Blankley
How have we arrived at this place where the fate of our federal budget -- our economy, indeed our capacity to have a functioning federal government -- seems to depend on what two men (the speaker of the House and the president) may or may not be secretly talking about in an interior room in the White House?
