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One policy of the Obama administration that understandably has attracted little public attention is its proposal to make the Federal Reserve a "systemic risk regulator." It's a well-intentioned...
DATE: July 6, 2009 | CATEGORY: Editorials
Many psephologists - derived from the word for pebbles, which the ancient Greeks used as ballots - study who wins and loses elections. Lately, I've been looking more closely at turnout. For we live...
DATE: June 22, 2009 | CATEGORY: Editorials
Barack Obama has said he wants to pass a national health-care bill this year, with a government insurance policy option. Democratic congressional leaders have called for passage of such a bill...
DATE: June 12, 2009 | CATEGORY: Editorials
Last November, 131 million Americans voted, and the whole world took notice. Over the last month, about 700 million Indians voted, and most Americans, like most of the world, didn't much notice.To...
DATE: May 25, 2009 | CATEGORY: Editorials
Last Friday, the day after Chrysler filed for bankruptcy, I drove past the company's headquarters on Interstate 75 in Auburn Hills, Mich. As I glanced at the pentagram logo, I felt myself tearing...
DATE: May 11, 2009 | CATEGORY: Editorials
The balance between the executive and legislative branches in writing laws has changed over the centuries.In the 19th century, Sen. Stephen Douglas wrote the Kansas-Nebraska Act, with President...
DATE: April 27, 2009 | CATEGORY: Editorials
Beware of geeks bearing formulas. That's the lesson most of us have learned from the financial crisis. The "quants" who devised the risk models that induced so many financial institutions to buy...
DATE: April 20, 2009 | CATEGORY: Editorials
Roadblocks. That's what Barack Obama has been encountering on the audacious path toward a European-style welfare state he has set out in his budget and other proposals.He continues to insist that...
DATE: March 30, 2009 | CATEGORY: Editorials
The Obama administration's budget is full of proposals that threaten to weaken our staggering economy. Higher taxes on high earners and reduced deductions for their charitable contributions and...
DATE: March 23, 2009 | CATEGORY: Editorials
"Animal spirits," said John Maynard Keynes, are the essential spring of capitalism. We depend on the animal spirits of investors, high earners and entrepreneurs for a growing economy.Keynes, a...
DATE: March 9, 2009 | COLUMN: Guest Columns
On the last day of her trip to East Asia, Secretary of State Hillary Rodham Clinton spoke briefly of the place of human rights in American policy toward China. "Our pressing on those issues" -...
DATE: March 2, 2009 | CATEGORY: Editorials
All of America was watching Barack Obama on Jan. 20 as he promised to "preserve, protect and defend the Constitution of the United States." But few thought that, within a month, controversy would...
DATE: Feb. 23, 2009 | CATEGORY: Editorials
