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...primary reason taxpayers are skeptical about government spending is that the government is forever finding money that it should not be spending or should not have spent. The special TARP placeholder is a perfect example. Its existence means the people running the financial arms of the Administration have not made up their minds about what to do if the banking system suffers more stress or begins to collapse as it threatened to do late last year. The results from the bank "stress tests" showed that the capital needs of America's banks are modest, about $74 billion, compared to more...
...apparent lack of need for capital by the banks coupled with the desire for the Administration to find new cost cuts in the budget should make the $250 billion "placeholder" a financial anachronism...
...find it quite rare when I see an athlete come over to my sector of the world,” Kellaway says. Kellaway counts herself among the politically active and is former co-chair...
...tailspin now that they own all the Washington machinery. Tom Cole, a longtime Republican operative turned Oklahoma Congressman, recalls that shortly before the Reagan Revolution, the GOP was in such dire straits, it ran ads declaring that Republicans are people too. "We've lost our way, but we'll find our way back," Cole says. "We'll get back into the idea business, and the Democrats will overreach...
...move toward victory, it must again find the middle of American political life and stop being seen the way liberals were viewed for a generation: as tone-deaf ideologues mixed with self-consumed radicals. Don't get me wrong. I do not believe that conservative leaders should seek out a mushy middle ground. Rather, they should boldly call for a new era of responsibility...