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Category: Economy

Why Is Romney Still in the Race?

by WS Editors | Oct 1, 2012 | Economy, Politics

One month before the election, most polls have the president leading by a narrow popular-vote margin, which the Romney campaign seems incapable of closing. And Obama’s lead in high-population states provides an advantage over a challenger whose support lies in the South, Midwest, and inland West, where lower population is equated with lower electoral votes. […]

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Unwinnable War

by Chase Madar | Oct 1, 2012 | Books, Economy

Reviewed: Useful Enemies: When Waging Wars Is More Important Than Winning Them by David Keen (Yale University Press, 312 pp., $38). Heraclitus said that war is the father of all things, and though the great Greek’s utterances are  wisdom for the ages, this one-liner is way past its sell-by date. Sure, war is undeniably the big daddy of bigger military […]

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In response to “Newt Gingrich and Our Dysfunctional Congress” (December 15, 2011 issue)

by WS Editors | Sep 18, 2012 | Economy, Politics

Dear Editor, Newt Gingrich’s explanation of his role as “historian” for Freddie Mac and not a lobbyist reminds me of a legendary story from Olde Chicago. The city’s half-hearted crackdown on prostitution became such a threadbare charade that the streetwalkers would send their maids to make bench appearances for them and pay their fines. One […]

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Who Built It?

by Lou Dubose | Sep 15, 2012 | Economy, Politics

In our September 15 issue, Lou Dubose reports on Mitt Romney’s vulture capitalism at Bain Capital. The company, where Romney spent much of his business career, made its own way—with the help of some crucial federal funding. GS Industries operated a steel mill in Kansas City, Missouri. Bain Capital acquired the company in 1993 with an […]

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Where Money Is Concerned, Romney Is Dangerously Agnostic

by WS Editors | Sep 15, 2012 | Economy, Politics

It was politics as practiced by Karl Rove: (1) Define your opponent before he defines himself and (2) Turn his greatest asset into a liability. Framing Mitt Romney as a vulture capitalist engaged in creative destruction of American jobs began early—in May, while Romney was shifting from the primary to the general election. The Obama […]

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