The United States Senate is often called “the most exclusive club in Washington,” or exalted by its members as the “world’s greatest deliberative body.” But a new appellation may be in order: the world’s best investment club. According to a study conducted by four business professors, in any given year between 1993 and 1998 roughly […]

Read more

One of the older conventional wisdoms in our nation’s capital is that any president who tries to plug leaks in the ship of state is engaged in a futile, self-defeating exercise. The leaker(s) can never be definitively identified, and any attempt to do so involves tactics more familiar to a police state and likely to […]

Read more

No one could blame President Bush for wanting to get out of town after the end of October. He’d just experienced what non-partisan political observer Charles Cook dubbed “the worst week of the worst month of the worst year of the Bush presidency.” The president’s approval ratings sagged to an all-time low of less than […]

Read more

Trick or Treat?—It’s fitting that it was Halloween when Senate Democrats held a secret meeting and hatched their plan to temporarily shut down the Senate so that the decision to go to war in Iraq could be fully examined, as promised. The invocation of the arcane “Rule 21” on November 1 surprised virtually everyone, not […]

Read more

Banana Republic—Forget John Kerry; it’s House Republicans who are perfecting the art of the flip-flop—especially when it comes to holding open crucial floor votes for indefinite periods so they can twist arms and get their wavering soldiers to switch votes. The Medicare reform vote in 2003 lasted three hours in the dead of night, instead […]

Read more