New York Times:
As the city tries to find the way out of the financial abyss, its political system increasingly reflects the influence of evangelical churches.
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washingtonpost.com - In The Loop:
Government auditors raised doubts Thursday about the number of jobs created or saved by the economic stimulus program, but they also said that mistakes reported in recent weeks signal the benefits of government transparency.
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New York Times:
Timothy F. Geithner, like others on the White House economic team, is pragmatic and responds flexibly to situations, and that approach has paid off during the economic crisis.
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New York Times:
By not extracting concessions from bankers during the rescue of A.I.G., policy makers undermined their own credibility — and put the broader economy at risk.
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washingtonpost.com - Op-Ed Columns:
In the beginning, the Obama administration directed a spotlight toward its careful, thoughtful decision-making process on Afghanistan. National security meetings were announced, photographed and highlighted in background briefings to the media. President Obama would apply the methods of the academy to the art of war -- the (Read More)
guardian.co.uk Politics:
British peer says she will show she is the best person for the job of European foreign minister over the next few months and yearsEurope's eight-year quest to establish a simpler and more democratic regime came to a dramatic climax last night when the Belgian prime minister, Herman Van Rompuy, and British peer Cathy Ashton (Read More)
National Review Online:
Harry Reid offers the nation a mephitic Senate health-care bill that retains the worst features of Nancy Pelosi’s creation and adds fresh horrors of its own: It will force Americans to finance abortions and jack up some Americans’ Medicare taxes by 34 percent. On paper, the House bill costs a little more than $1 trillion, t (Read More)
National Review Online:
In May 2008, Chicago Public Radio teamed up with National Public Radio (NPR) to produce an episode of the show This American Life called “The Giant Pool of Money.” The episode garnered widespread praise and won several awards for explaining the subprime-mortgage crisis with clarity and concision. It was such a success that (Read More)
Clive Crook's blog:
My new column for National Journal looks at the case for a jobs bill.Speaking to the Economic Club of New York this week, Federal Reserve Board Chairman Ben Bernanke gave a gloomier assessment of the economy than many were expecting. The recession is over, he declared, but the Fed expects no more than “moderate” growth [... (Read More)
guardian.co.uk Society:
Adam Bienkov, aka the Tory Troll, has an intriguing story about GLA chief executive Leo Boland:A leaked document sent to Tory Troll reveals that he is pushing for the rights to monitor and review all official scrutiny reports produced by the Assembly. According to the proposals, Boland would be able to: "Review draft scruti (Read More)
guardian.co.uk Politics:
GCHQ to run ad campaign within Xbox Live online games to attract 18- to 34-year-olds to its ranksGovernment intelligence organisation GCHQ is to run an ad campaign within Xbox Live online games, including Call of Duty and Assassin's Creed, to attract quick-thinking 18- to 34-year-olds to its ranks.The campaign marks the fir (Read More)
New York Times:
The central bank upgraded its economic assessment, setting itself up for a confrontation with a government pressing for a policy response to deflation.
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Reuters:
WASHINGTON (Reuters) - The Democratic-led U.S. Senate, having smashed through a Republican wall of opposition, confirmed on Thursday U.S. President Barack Obama's first and longest-stalled judicial nominee.
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The Guardian:
Pay no attention to the Eurosceptics. Cathy Ashton's posting as EU 'foreign secretary' is a major post-Lisbon developmentThe chorus of ill-informed and patronising calls of "Who?" that have greeted the appointments of the Belgian prime minister, Herman Van Rompuy, as the new long-term president (really chairman) of the Euro (Read More)