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Late Change in Course Hobbled Rollout of Geithner's Bank Plan — Just days before Treasury Secretary Timothy F. Geithner was scheduled to lay out his much-anticipated plan to deal with the toxic assets imperiling the financial system, he and his team made a sudden about-face.
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In a World Not Wholly Cooperative, Obama's Top Economist Makes Do — WASHINGTON — President Obama has a few nicknames for Lawrence H. Summers, the brash and brainy former Harvard president who, as chief White House economic adviser, is guiding him through treacherous terrain.


Cheney pushed Bush to grant Libby pardon — WASHINGTON - In the waning days of the Bush administration, Vice President Dick Cheney launched a last-ditch campaign to persuade his boss to pardon Lewis (Scooter) Libby - and was furious when President George W. Bush wouldn't budge.

A ‘fraud’ bigger than Madoff — Senior US soldiers investigated over missing Iraq reconstruction billions — In what could turn out to be the greatest fraud in US history, American authorities have started to investigate the alleged role of senior military officers in the misuse of $125bn …


For Obama, it's more about showmanship than sunlight — After rushing Congress to act, why did he wait for days to sign the “emergency” stimulus bill? — Back during the presidential campaign, Barack Obama promised something he called “Sunlight Before Signing.”

Bristol Palin Speaks Out — ABC's Teddy Davis and Sara Just report: Bristol Palin, the 18-year-old daughter of Alaska Gov. Sarah Palin, told Fox News in her first interiew since giving birth that she would like to be an advocate against teen pregnancy. — “Everyone should wait 10 years,” Palin said.


Obama Gains Support From G.O.P. Governors — WASHINGTON — President Obama must wish governors could vote in Congress: While just three of the 219 Republican lawmakers backed the $787 billion economic recovery plan that he is signing into law on Tuesday, that trifling total …


Police: TV station founder beheaded wife — From Deborah Brunswick and LaNeice Collins — NEW YORK (CNN) — The founder of an Islamic television station in upstate New York aimed at countering Muslim stereotypes has confessed to beheading his wife, authorities said.


Going gray's just fine, man — Everyone seems to have an opinion about Howard Fineman's hair lately. — The Newsweek reporter and MSNBC commentator has let his hair go gray, and it's all anyone can talk about. — Perfect strangers, we hear, go up and talk to him about it.

Auto Maker Deadline Looms — GM, Chrysler Plans Due Today; U.S. Taps Car Adviser Known for Extracting Concessions — Troubled U.S. auto makers and union representatives dug in late Monday for all-night cost-cutting negotiations as the government advanced its point person on auto restructuring …
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Spin Cycle
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Paterson's weakness — New York Governor David Paterson received some terrible poll numbers today, suggesting Attorney General Andrew Cuomo would easily beat him in a primary, and that he might well lose to a Republican in November, 2010. — Cuomo probably doesn't want another racially charged primary …

Don't Believe the Stimulus Scaremongers — Americans are losing faith in the fairness and wisdom of economic policy. — Our ignorance of what causes economic ailments — and how to treat them — is profound. Downturns and financial crises are not regular occurrences …

Student sues L.A. City College district over gay-marriage speech — Weeks after Proposition 8 passed, student says, his public-speaking professor reacted inappropriately to his stance against same-sex unions. His lawyer alleges religious discrimination. — A classroom dispute …

Congress' Approval Rating Jumps to 31% — More positive ratings from Democrats largely responsible for increase — PRINCETON, NJ — Gallup's latest congressional job approval rating, from a Feb. 9-12 poll, shows a sharp 12 percentage-point increase from last month, rising from 19% to 31%.

Obama plots huge railroad expansion — Railroads made Chicago, and now a Chicago-rich White House wants to return the favor: remaking rail with a huge new federal investment in high-speed passenger trains. — The $787.2 billion economic recovery bill — to be signed by President Barack Obama on Tuesday …

Sure the Israeli right won? Peace lost? Look closer — To judge solely from the gloating, the right conclusively won last week's election. Hawkish politicians were swift to crow triumph. Hardline analysts and legions of talkbackers have positively glowed in pronouncing the end of the left …


Japan's Finance Minister to Quit After G-7 Blunder — TOKYO — Japan's finance minister, facing ridicule and criticism for embarrassing behavior at the weekend Group of 7 meeting in Rome, said Tuesday he would resign. — Shoichi Nakagawa raised eyebrows for slurred speech …

Reassessing ‘Af-Pak’ strategy — THE WHITE HOUSE, Joint Chiefs of Staff, and regional military commanders are reviewing US policy toward Afghanistan and Pakistan, or “Af-Pak” in Washington-speak. Initial news reports suggest similar shifts of strategy: adding US troops …


Hoyer to Pelosi: Stand up to Senate — House Majority Leader Steny H. Hoyer (D-Md.) is pushing Speaker Nancy Pelosi (D-Calif.) to take a harder line with the Senate after a trio of Republican senators forced Congress to trim billions from the $787 billion economic stimulus package.


The death of the news — If reporting vanishes, the world will get darker and uglier. Subsidizing newspapers may be the only answer. — Journalism as we know it is in crisis. Daily newspapers are going out of business at an unprecedented rate, and the survivors are slashing their budgets.
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pandagon.net

Facebook's Users Ask Who Owns Information — Reacting to an online swell of suspicion about changes to Facebook's terms of service, the company's chief executive moved to reassure users on Monday that the users, not the Web site, “own and control their information.”

Protectionism Anew — Some think the New Deal rescued America from economic crisis in the 1930s. Others argue the opposite. But whatever their ideology, and whatever their credentials, most of the pundits, historians and economists who debate the Great Depression agree about one thing …


Obama takes econ campaign to Denver — President Barack Obama has a busy week of travel ahead of him, including more campaign-style stops to boost his recently passed economic stimulus package, the rollout of his long-awaited housing plans and a quick hop over the border to Canada for his first foreign trip.
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Will You Fight, Flee Or Just Read? — These are unique times in our Nation's politics, good and bad. Driven by economic factors, we're at a potential pivot point that could direct America's future for years, if not generations. — There is one political party with a firm grip on our government for a minimum of two years.


Ex-spy chief Dame Stella Rimington says ministers have turned UK into police state — Dame Stella Rimington, the former head of MI5, has accused the Government of exploiting people's fear of terrorism to restrict civil rights. — Ministers risked handing a victory to terrorists who want people to …

One Side to Every Story — Providence, R.I. — “THIS is not a time for partisanship,” declared Senator Judd Gregg, Republican of New Hampshire, when he accepted President Obama's invitation to serve as commerce secretary. By last week, Mr. Gregg had changed his mind, citing “irreconcilable conflicts.”
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Townhall.com