Bipartisan Facade Can't Hide Health Plan's Flaws By Debra J. Saunders
If the Democrats' health care package is so great, why are President Obama and Dem congressional leaders so hungry to share the credit for its passage with a Republican?
If the Democrats' health care package is so great, why are President Obama and Dem congressional leaders so hungry to share the credit for its passage with a Republican?
On Oct. 17, 1989, the Loma Prieta earthquake brought down a chunk of the upper deck of the Oakland-Bay Bridge onto the lower deck. Anamafi Moala Kalushia, 23, of Berkeley died. Twenty years later, some 280,000 cars use the bridge daily -- and it still isn't safe.
Dr. Carol Greider may be the only Nobel laureate to have been folding laundry when she got the call. She was up early, and there was a lot of laundry. After the phone call, she woke up her two children and told them she had won the Nobel Prize.
Dow Jones 10,000 arrived on Wall Street Wednesday for the first time in a year. It's a milestone of sorts, and it certainly represents a vote for investor confidence in economic recovery. Blowout profit reports from Intel and JPMorgan helped fuel the day's 145-point gain. So did a retail sales report that excluding Cash for Clunkers was actually quite strong.
The recent award of Nobel Prizes in biology and chemistry to three women dredges up Larry Summers' suggestion in 2005 that differences in the female brain may account for the dearth of top women scientists. Now President Obama's economic adviser, Summers was then speechifying as president of Harvard.
Outraged babble and sanctimonious tut-tutting over President Obama's Nobel Peace Prize will pour forth until the very evening he accepts the prize in Oslo, and then for years afterward. His critics are infuriated, they say, because he didn't earn the prestigious award, or because he didn't refuse it -- or just because those left-wing Norwegians have a lot of nerve. How dare they insult us by bestowing their highest honor on the president of the United States and inviting him to deliver a lecture?
The legislative process can also be a learning process, and as Congress considers health care legislation -- the latest act being the Senate Finance Committee's vote in favor of Chairman Max Baucus' bill, or "conceptual language" -- we have been learning something useful. It's that legislators would like to provide generous, even gold-plated health insurance coverage to almost all Americans, but that no one wants to pay for it.
As much as the Beltway chattering class refuses to admit it, Barack Obama's electoral victory last year had nothing to do with his oft-repeated, generic pledge to bring "hope and change" to Washington, D.C.
Want to hear a real laugher? Despite the current disharmony in politics, there's one policy on which all of Washington agrees. Republicans and Democrats, House and Senate, president and Congress all agree that after last fall's financial crisis, the federal government has to regulate the financial industry more closely to protect our economy from risk of systemic financial collapse.
OK, so President Barack Obama hasn't accomplished enough to be awarded the Nobel Peace Prize under the conventional approach.
President Obama has won the Nobel Peace Prize, but nobody thinks he deserves the Nobel in economics. Despite $800 billion of economic stimulus and the accumulation of a $1.4 trillion deficit, he has been unable to lower the unemployment rate below 9.8%.
I must be the only "foodie" who didn't love "Julie & Julia," the movie about Julia Child and the office worker she inspired, Julie Powell. Am I allowed?
"What happened to global warming?" read the headline -- on BBC News on Oct. 9, no less. Consider it a cataclysmic event: Mainstream news organizations have begun reporting on scientific research that suggests that global warming may not be caused by man and may not be as dire and eminent as alarmists suggest.
Some of the headlines in recent days are not worthy of belief. No, I'm not referring to the headlines that Barack Obama won the Nobel Peace Prize, however odd that many seem to many (including, it seems, Obama himself). I'm referring to the headlines earlier in the week to the effect that the health care bill sponsored by Senate Finance Committee Chairman Max Baucus will cut the federal deficit by $81 billion over the next 10 years.
Chief U.S. District Judge Vaughn Walker opened the gates to hell this month when he ruled that strategists for Proposition 8 -- the 2008 ballot measure, passed by 52 percent of California voters, that limited marriage to a man and a woman -- must release internal campaign documents to measure opponents.
In trying to understand what is happening in the nation and world, we all employ narratives -- story lines that indicate where things are going and what is likely to happen next. We can check the validity of these narratives by observing whether events move in the indicated direction. If so, the narrative is confirmed. But if things seem to be moving in an entirely different direction, it's time to discard the narrative and look for another.
At the Democratic National Convention in Denver last summer, then-Sen. Barack Obama pledged to "finish the fight against the Taliban in Afghanistan."
Afghanistan used to be a great issue for Barack Obama. As a candidate, he repeatedly argued that George W. Bush and his Defense Department had lost their way, focusing too much attention (and troops and resources) on Iraq while shortchanging the more important mission in Afghanistan.
DELAWARE- SENATE: Republicans got just the break they were hoping for in the Delaware Senate race. Republican Rep. Mike Castle will run, challenging the Vice President's son, Delaware Attorney General Beau Biden (D). Biden would have defeated any other Republican, but Castle is leading Biden in early polls. The Vice President has great sway, but the dynasty issue helps Castle.
Team Obama is in economic trouble on two fronts right now: The dollar could be headed toward its demise, while the jobs and unemployment numbers have gotten worse. (The unemployment rate is up to 9.8 percent as of the September report released last week.) And there's a simple policy mix the White House could adopt to fix this. It could enact the Mundell-Laffer supply-side approach of a steady King Dollar for price stability and low marginal tax rates to spur jobs and economic growth.