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Category: Economy

Enough Pentagon Spending? | Of Mice and Men | Texas Hold ’em | He’s Back

by WS Editors | Mar 1, 2009 | Economy, Foreign Policy

Enough Pentagon Spending?—A perpetually growing defense budget is an institutional imperative at the Pentagon. Yet lost in House Armed Services Committee testimony on Afghanistan was a rare bit of news. Defense Secretary Gates has discretionary funds that can be used for additional troops in Afghanistan—even if the defense budget is cut. This from General Jack […]

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Stimulated Opposition | The “N” Word

by WS Editors | Feb 15, 2009 | Economy, Politics

Stimulated Opposition—The $825 billion stimulus bill that began as House Resolution 1 moved through the Congress with the speed of a Bush war supplemental budget request. Yet the way it was received suggests that bipartisanship is already history. The opposition’s intent was evident before House Republicans unanimously voted against the bill, which passed by a […]

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Bair’s Bailout Plan | Turning the Corner on Torture

by WS Editors | Feb 1, 2009 | Economy, Foreign Policy

Bair’s Bailout Plan—Barack Obama’s Treasury Secretary-designate Timothy Geithner and senior economic adviser Lawrence Summers have dominated the shaping of policy and news coverage of the new White House economic team. Sheila Bair isn’t even part of it. The director of the Federal Deposit Insurance Corporation (FDIC) is a Bush appointee, whom many assumed would resign […]

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A World-Class Pentagon Budget

by WS Editors | Jan 1, 2009 | Economy, Foreign Policy

“THE NEW ADMINISTRATION WILL TAKE OFFICE in January 2009, inheriting a budget for the Department of Defense that will exceed $600 billion per year, roughly equal to the rest of the world. Because we are not facing the possibility of armed conflict with the rest of the world put together, it’s clear that some adjustment […]

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Economic Treason | Intelligence Failure? | Liars’ Club

by WS Editors | Jan 1, 2009 | Economy, National Security

Economic Treason—Senator Mitch McConnell of Kentucky represents a state that is home to Toyota’s biggest plant outside of Japan. Senator Richard Shelby of Alabama represents a state that is home to Mercedes-Benz, Honda, Hyundai, and Toyota. Senator Bob Corker of Tennessee represents a state that is home to Nissan’s North American headquarters and a new […]

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