On Wednesday, President-Elect Obama and President Bush provided a study in contrasts in their respective responses to the American economic crisis. In Chicago, Obama unveiled a new economic recovery advisory board to be led by former Fed chairman Paul Volcker. Back in Washington, George W. Bush pardoned a Thanksgiving turkey. But as the lame duck […]
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In the pantheon of his presidential failures, the utter inability of former Texas oilman George W. Bush to influence OPEC and the price of oil stands out among the most predictable - and ironic. While gas has dipped below $2 a gallon and a barrel of oil has plummeted almost $100 since its record high […]
When it comes to blocking Barack Obama's health care plan, what is old is new for the conservative movement. Fearing a permanent Democratic majority if Bill Clinton succeeded in passing his health care reform package, Bill Kristol in 1993 famously authored a memo urging Republicans to halt it at all costs. Now in the wake […]
If nothing else, George W. Bush is an irony-producing machine. After all, the collapse of the American economy, perhaps the enduring legacy of Bush's tenure in the White House, was presided over by the man many once lauded as the nation's "first MBA President." Now with the Bush recession deepening into a crisis of historic […]
In his sober column today decrying President Bush's lame-duck abdication of leadership, Nobel prize winning economist Paul Krugman fretted, "The prospects for the economy look much grimmer now than they did as little as a week or two ago." Make that 24 hours. Just one day after I compiled the dismal numbers for the mushrooming […]
As the American economy plunges deeper into crisis, the conservative chattering classes are hoping for a replay of their 2001 blame game. Having successfully perpetuated the myth that President Bush "inherited a recession" from Bill Clinton, right-wing mouthpieces from Rush Limbaugh to Fred Barnes began blaming Barack Obama for the Bush recession literally within hours […]
During the Michigan primary in January, former Massachusetts Governor and son of auto magnate Mitt Romney blasted John McCain for saying he didn't want to raise "false hopes that somehow we can bring back lost jobs." Now as the American auto industry teeters on the brink of collapse, Romney in a New York Times op-ed […]
While John McCain's awkward appearance Monday with President-elect Barack Obama was a reminder of what he had lost, he and wife Cindy nonetheless received a consolation prize. Belgian beverage giant In Bev completed its acquisition of Anheuser-Busch, the beer company in which Mrs. McCain holds millions of dollars of stock. As it turns out, John […]
In this the season of their discontent, Republican leaders are pointing the finger of blame, all the while positioning themselves to take over their battered and bruised party in 2012. So it is with Mike Huckabee. In his new book, the former Arkansas Governor, Baptist minister and Fox News host skewers presidential rival Mitt Romney […]
As Georgia Congressman Paul Broun learned last week, politicians and pundits of all stripes should resist the temptation to compare their opponents to Adolf Hitler and the Nazis. Apparently, the staunch conservatives at the National Review didn't get the memo. Facing both conservative calamity at the polls and defections in its own ranks, the Review's […]