Rand Paul and the Party of None 

Reading Time: 1 minute Controversial views place you in, well, controversy. See below…: “Rand Paul has now decided he wants to be a liberal Democrat — undercut necessary intelligence collection, weaken the police officers and our intelligence services.” – Bill Kristol “[A]n aide might want to remind Senator Paul which party’s nomination he is seeking” – WSJ Editorial Board Read More

Libya: Connect the Dots-You Get a Giant Dollar Sign

Reading Time: 12 minutes Finally, if you look hard enough, you can start seeing the back story to the urgency to remove Qaddafi. It’s an ugly story—and all the ugliness is not on Qaddafi’s side, not by a long shot.

CIA Lies to Congress

Reading Time: 2 minutes [Update below—Ed.] During last spring’s controversy over whether congressional leaders were briefed by the CIA over its use of “enhanced interrogation techniques,” Russ called for an investigation into the congressional briefing process. It is now all the more clear that such an investigation is a must. Yesterday, CQPolitics reported that CIA Director Leon Panetta admitted Read More

Hedge Funds Flex Lobbying Muscle

Reading Time: 1 minute The Wall Street Journal has a solid piece of reporting on the continued power of hedge funds to shape their own—and the nation’s—destiny. The lede says it all (subscription required): Many hedge funds were relieved last week when the Obama administration’s financial-overhaul plan included no big surprises or threats to the lucrative, secretive industry. It Read More

Insolvency

Reading Time: 2 minutes Anytime government or corporate interests allege an imminent crisis, journalists must guard themselves against manipulative terminology. Take the report the Obama administration released yesterday showing that the Social Security and Medicare trust funds are being depleted at a faster rate, thanks in part to the recession. The Medicare fund will run out of money in Read More

Tortured Rationalizations

Reading Time: 2 minutes In an opinion piece, the Wall Street Journal convincingly argues that top Democrats in Congress have been speaking out of both sides of their mouths in criticizing Bush Administration policy on Enhanced Interrogation Techniques (EITs), also known as torture. These days, Speaker Pelosi insists she heard and saw no evil. “We were not — I Read More

The Noblest and Best

Reading Time: 1 minute The Wall Street Journal published a stunning report yesterday on how New York Federal Reserve Chairman Stephen Friedman enriched himself by purchasing Goldman Sachs stock while the Federal Reserve was propping up the investment bank: The Federal Reserve Bank of New York shaped Washington’s response to the financial crisis late last year, which buoyed Goldman Read More