New Orleans My goodness, hysteria has broken out among the financial chattering class with the news of a $13 billion proposed settlement between JP Morgan Chase and the Justice Department and Federal Housing Finance Agency over the bank’s handling of the mortgage crisis. The lead editorial in the Wall Street Journal claimed variously that parts …
Category: DC Politics
Obama Right to Refuse to Negotiate with Himself
New Orleans For five years whenever I’ve been asked for advice from various national campaigns whether immigration reform or healthcare or living wages or whatever, when it’s come to how to move President Obama, I’ve always argued, don’t lobby, don’t email, don’t tweet, point all the heat you can generate directly at him. His record …
Senate is Unanimous: Shut Up!
New York Finally, we have found an issue where the entire United States Senate is unanimous: Ted Cruz has to shut up! After wasting more than 21 hours on a Tea Party ego-trip rant about health insurance, Senator Ted Cruz from Texas, where there are 5 million uninsured, even voted, bizarrely, to silence himself. This …