Mikhail Gorbachev is not honored enough for the example he set. His past practices and recent cautions about Afghanistan should be heeded by Barack Obama.
The most idiotic thing being said about America’s involvement in Afghanistan is that the best way to protect the 68,000 U.S. troops there now is by putting an additional 40,000 in harm’s way.
Is there a more hypocritical figure in American politics than Joe Lieberman? The Connecticut senator declared Tuesday that he would support a filibuster of any health care reform bill that has a public option—even the version with the “trigger” compromise accepted by Republican Sen. Olympia Snowe—because it might cost money.
Who are these people? I am not referring to the pathetic parents of “Balloon Boy,” whose fake drama I have been unable to escape while on the treadmill this week, thanks to my gym’s insistence on tuning its flat-screen TVs to Wolf Blitzer’s nonstop self-parody.
There is an odd disconnect between the furious public debate over health care reform, with its emphasis on the cost of an increased government role, and the nonexistent discussion about the far more expensive and largely secretive government program to bail out Wall Street.
There is no indication that any of the contending forces in Afghanistan, including the Taliban, are interested in bringing al-Qaida back. On the contrary, all the available evidence indicates that the Arab fighters are unwelcome and that it is their isolation from their former patrons that has led to their demise.
Communism once was, as the Islamic terrorist threat is today, presented as an undifferentiated revolutionary impulse that could never be diplomatically accommodated without sacrificing our own security or, indeed, our freedom. The various communist nations and movements, like those currently led by a polyglot collection of Islamist radicals, were stripped of any complexity, be it in their national identity or ideology.
The Obama revolution, and there was the hope of one, might still succeed. But only if Barack Obama follows the model of the incredibly successful Reagan revolution and heeds the political base that made his presidency possible.
A president has only so much capital to expend, both in tax dollars and public tolerance, and Barack Obama is dangerously overdrawn. He has tried to have it all on three fronts, and his administration is in serious danger of going bankrupt.
What if eight years ago the World Trade Center had been leveled by a small nuclear bomb that took out most of lower Manhattan as well? How many millions of innocent civilians would we have killed in retaliation?
True, he doesn’t seem a bit like Lyndon Johnson, but the way he’s headed on Afghanistan, Barack Obama is threatened with a quagmire that could bog down his presidency. LBJ also had a progressive agenda in mind, but it was soon overwhelmed by the cost and divisiveness engendered by a meaningless, and seemingly endless, war in Vietnam.
The light has gone out, and with it that infectious warm laugh and intensely progressive commitment of the best of the Kennedys. Not, at this point, to take anything away from the memory of his siblings—Bobby, whom I also got to know, was pretty terrific in his last years—but Sen. Ted Kennedy was the real deal.
In recent days yet another wealthy private customer of the Swiss-based banking conglomerate UBS admitted to criminal fraud in a growing parade of perp walks that could extend into the thousands. It is a case that threatens to ensnare former Sen. Phil Gramm, the Texas Republican who is vice chairman of UBS’ investment banking business.
By now everybody must know that the top banking executives responsible for our economic meltdown have no shame. Otherwise they would not have dared give themselves such hefty bonuses as a deeply perverse reward for actions that caused millions of Americans to lose their jobs and homes.
What a hoot. The Chinese Communists invaded Washington on Monday demanding not that we sacrifice our freedoms but rather that we balance our budget. Creditors get to make that kind of call. And the Marxists of Beijing, who have turned out to be the world’s most prudent bankers, are worried about their assets invested in our banana republic.
It was the stark evil Robert McNamara perpetrated as secretary of defense that must indelibly frame our memory of him. To not speak out fully because of respect for the deceased would be to mock the memory of the millions he caused to be maimed and killed in a war that he later freely admitted never made any sense.
Bernard Madoff should be exhibit A in why the dark world of totally unregulated private money managers and hedge funds should be opened to the light of systematic government supervision. Instead, he is being treated as an aberrant menace.
The Bush-Obama strategy of throwing trillions at the banks to solve the mortgage crisis is a huge bust. The financial moguls, while tickled pink to have $1.25 trillion in toxic assets covered by the feds, along with hundreds of billions in direct handouts, are not using that money to turn around the free fall in housing foreclosures.
On Monday, two men with considerable responsibility for enabling the banking meltdown confronted the error of their ways. Hopefully Timothy Geithner and Lawrence Summers’ sudden conversion to common sense indicates the seriousness of the banking regulation plan that their boss, President Obama, will present to Congress today.
You probably don’t know much about Sheila Bair, but she is looking out for you, and that is why the big guys on Wall Street and their allies in the Obama administration are out to get her.
It would be nice to blame Ronald Reagan for the economic meltdown, as Paul Krugman did recently, but the facts don’t support it. Unfortunately, the real villains are closer at hand.
I expected a federal government that has spent trillions salvaging the banks that got us into this mess to find the relatively minor sums needed to bail out California and other states that have been the victims of Wall Street’s dangerous games. But I didn’t count on the tough-love steeliness of the Obama administration.
How much do you know about BlackRock and the hedge funds they manage? Better bone up fast, now that the folks at BlackRock are calling the shots in the government’s trillion-dollar bailout program. BlackRock execs are now directing key elements of the government program at a time when they stand to reap great profits from the fallout of a problem they helped create.