On September 15th, 2008, the Dow Jones plummeted by 504 points as the bankruptcy of Lehman Brothers triggered the implosion of Wall Street. And on that day a year ago, Republican presidential candidate John McCain declared the "fundamentals of our economy are strong." But while Ben Bernanke today declared the Bush recession "very likely over" […]

Saturday's Wall Street Journal features a fascinating interview with John McCain by editor Stephen Moore. Fascinating, that is, as a study of revisionist history and selective amnesia by both men. While Moore now praises McCain as "one of the lead critics of Obamanomics," in the past the former Club for Growth president groused his organization's […]

In a jaw-dropping DaliyKos/Research 2000 poll released today, a stunning 58% of Republicans did not believe (28%) or were unsure (30%) that President Barack Obama was in fact born in the United States. To be sure, this is a Southern pathology, a region home to 69% of all birthers and the only part of the […]

As he launched his first presidential run nine years ago, John McCain in December 1999 said of the Keating Five scandal that nearly ended his career, "The fact is, it was the wrong thing to do, and it will be on my tombstone and deservedly so." But as he made clear on Meet the Press […]

Attempting the political equivalent of relaunching the Hindenburg, soon-to-be former Alaska Governor Sarah Palin hosted ABC, Fox News, CNN, Time, the AP and other media outlets while fishing Tuesday. But even as she proclaimed of her abrupt resignation, "politically speaking, if I die, I die," Palin reminded Americans once again why she so deserves that […]

On Wednesday, former beauty pageant contestant Sarah Palin rushed to the defense of another, proclaiming of Carrie Prejean, "I can relate as a liberal target myself." But by insisting "those who disagree with her deny her protection under the nation's First Amendment Rights," Governor Palin once again revealed her ignorance of the United States Constitution. […]

Two days after Americans learned that U.S. household wealth plummeted by a staggering $11 trillion (an 18% drop) in 2008, the Washington Post featured a critique of President Obama's rhetoric attributing the recession to George W. Bush. But while Obama's statement that "by any measure, my administration has inherited a fiscal disaster" is inescapably true, […]

It's not for nothing that Politico is (or should be) known as the ESPN of politics, highlighting the contest but not the content of American democracy. One day after President Obama as promised signed an executive order reversing the draconian Bush restrictions on stem cell research, Politico focused on the grievances and disappointment of hard […]

As the New York Times revealed Monday, President Obama has instructed administration officials not to rely on the hundreds of signing statements issued by his predecessor. That move should please John McCain. After all, the Republican presidential candidate not only pledged "never to issue a signing statement." Back in 2005, McCain was doubled-crossed when President […]

As Republican ratchet up their cries of "socialism" regarding President Obama's plan to return upper income tax rates to Clinton-era levels beginning in 2011, ABC offered a comic profile of Americans earning over $250,000 a year and their schemes to avoid the higher bills. Of course, lost in this propaganda-fest are two inconvenient truths. First, […]