There are fates worse than bonuses  —  Here's an idea: If you stop nationalizing banks, there will be no need to engage in phony-baloney indignation over bonus payments anymore.  —  This cockamamie populism in Washington really hit its stride when Iowa Republican Sen. Charles Grassley suggested …

Begorra!  Irish PM trips over White House speech  —  Featured Topics: - Barack Obama - Presidential Transition  —  WASHINGTON - Irish Prime Minister Brian Cowen was just a few paragraphs into an address at a St. Patrick's Day celebration at the White House when he realized something sounded way too familiar.

No Boiled Carrots  —  Barack Obama even needs a teleprompter to get mad.  —  On St. Patrick's Day, the president spoke a bit of Gaelic, dyed the White House fountains green and talked about his distant relatives in the tiny Irish town of Moneygall, aptly named since money and gall are the two topics now consuming him.

Hedge Funds May Get AIG Cash  —  Some Bailout Money Is Set Aside to Pay Firms That Bet Housing Market Would Crater  —  Some of the billions of dollars that the U.S. government paid to bail out American International Group Inc. stand to benefit hedge funds that bet on a falling housing market …

Bush says it's ‘essential’ to help Obama  —  CALGARY, Alberta - Former President George W. Bush, making his first public speech since leaving office in January, says he wants Barack Obama to succeed and that it's “essential” to support the new leader.  —  Bush declined to critique …

At G20, Kremlin to Pitch New Currency  —  The Kremlin published its priorities Monday for an upcoming meeting of the G20, calling for the creation of a supranational reserve currency to be issued by international institutions as part of a reform of the global financial system.

In a First, Bankruptcy Judge Rules Calif. City Can Void Union Contracts  —  Post a Comment Printer-friendly Email this Article Reprints & Permissions  —  In the first ruling of its kind, a bankruptcy judge held the city of Vallejo, Calif. has the authority to void its existing union contracts …

President's Budget Strategy Under Fire  —  Tactic May Break Obama's Bipartisan Pledge, GOP Says  —  Senior members of the Obama administration are pressing lawmakers to use a shortcut to drive the president's signature initiatives on health care and energy through Congress without Republican votes …

Men are women's ‘issue’  —  Last week, President Obama signed an executive order creating the White House Council on Women and Girls.  He did so with a speech in which he praised the perseverance and pluck of his own single mother, the grandmother who ultimately raised him, and especially his wife …

Guns on a plane  —  Obama secretly ends program that let pilots carry guns  —  After the September 11 attacks, commercial airline pilots were allowed to carry guns if they completed a federal-safety program.  No longer would unarmed pilots be defenseless as remorseless hijackers seized control …

Veterans Groups, Lawmakers Condemn Obama Idea to Bill Private Insurers for Service-Related Care  —  An Obama administration proposal to bill veterans' private insurance companies for treatment of combat-related injuries has prompted veterans groups to condemn the idea as unethical …

Financial Journalists Fail Upward  —  “Listen, you knew what the banks were doing and yet were touting it for months and months,” said “Daily Show” host Jon Stewart to CNBC superstar Jim Cramer in their much-discussed confrontation last week.  “The entire network was, and so now to pretend …

Iran's Cheap Goods Stifle Iraq Economy  —  NAHRWAN, Iraq — Brick-factory owner Dhary al-Shimary is thinking of calling it quits after 30 years in business, even though Iraq's demand for bricks has never been higher.  —  “Iranian bricks are invading Iraq,” says Mr. Shimary …

Some Dems want brake in Obama plans  —  Barack Obama's Big Bang Theory of Governance is starting to face its first big test among the new president's fellow Democrats.  —  At the White House Tuesday morning, Obama began the day with a sharp push-back against the idea that his far-reaching agenda …

The Uninvited  —  Brad DeLong objects to the hed—"Inside the echo chamber"—on Michael Calderone's piece discussing the underknown leftish email cabal organized by Ezra Klein: … Fair enough.  But I think the headline-writers' worry was that an “echo chamber” is what the outside world tends …

Trade Barriers Could Threaten Global Economy  —  At least 17 of the 20 major nations that vowed at a November summit to avoid protectionist steps that could spark a global trade war have violated that promise, with countries from Russia to the United States to China enacting measures aimed …