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Weighing Jobs and Deficit

Mon, 23 Nov 2009 00:00:00 -0800

Wall Street Journal - By Elizabeth Williamson - Nov. 23 (News Report) - The White House is lukewarm about proposals by congressional Democrats to introduce broad legislation to create jobs, instead favoring targeted measures that would be less likely to inflate the deficit, administration officials said. There is as yet no agreement within the White House or in Congress on how to try to curb the U.S. jobless rate. But the differences in opinion suggest that rifts could emerge among Democrats as they wrestle with how to beat back the highest unemployment rate in a generation.

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Volunteers Log Off as Wikipedia Ages

Mon, 23 Nov 2009 00:00:00 -0800

Wall Street Journal - By Julia Angwin, Geoffrey A. Fowler - Nov. 23 (News Report) - (Subscription required) Wikipedia.org is losing unprecedented numbers of the millions of online volunteers who write, edit and police the world's fifth-most-popular Web site.

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U.S. Enlists Allies in New Surge

Sat, 21 Nov 2009 00:00:00 -0800

Wall Street Journal - By Peter Spiegel, Stephen Fidler - Nov. 21 (News Report) - The U.S. and NATO are in talks for a coordinated rollout of a new Afghan strategy that could include a European commitment to send thousands of additional troops.

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Geithner Says Insurance Policies, Not AIG Derivatives Contracts, Were Systemic Risk

Fri, 20 Nov 2009 00:00:00 -0800

Wall Street Journal - Nov. 20 (Opinion) - Geithner says credit-default swaps weren't the problem, after all.

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Deadly Labor Wars Hinder India's Rise

Fri, 20 Nov 2009 00:00:00 -0800

Wall Street Journal - By Peter Wonacott - Nov. 20 (News Report) - A homicide case playing out in an auto-parts factory is raising concerns about whether the Indian industrial miracle is hitting a wall of industrial unrest.

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General Electric Pursues Pot of Government Stimulus Gold

Wed, 18 Nov 2009 00:00:00 -0800

Wall Street Journal - By Elizabeth Williamson, Paul Glader - Nov. 18 (News Report) - The financial crisis hasn't been kind to General Electric Co. Its stock has lost almost half its value, the government has stepped in to prop up its enormous financial arm, and sales have slumped in core industrial businesses. But Chief Executive Jeffrey Immelt now has his eye on a huge new pool of potential revenue: Uncle Sam's stimulus dollars. Mr. Immelt, a registered Republican, quips about the shift in thinking in the nation's corner offices: "We're all Democrats now."

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How General Electric Engineered Its Presence on Capitol Hill

Wed, 18 Nov 2009 00:00:00 -0800

Wall Street Journal - By Paul Glader - Nov. 18 (News Report) - Many companies have offices in Washington D.C. for lobbying purposes, have employee-funded political-action committees to donate and influence politicians and belong to industry trade associations that lobby for their interests. General Electric Co., in recent years, has developed another way of engaging its business units with policy makers in Washington and other global capitols. It helps explain how President Barrack Obama has become GE's customer in chief.

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GM Plans to Repay U.S. Loan

Mon, 16 Nov 2009 00:00:00 -0800

Wall Street Journal - By John D. Stoll - Nov. 16 (News Report) - General Motors Co. plans to begin paying back a $6.7 billion loan it owes the U.S. government starting late this year, putting it on track to potentially repay the entire note by the middle of 2011, said a person familiar with the matter. But in a move that could be controversial and risky, the car maker plans to use other money it received from the government to pay back the borrowing.

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The Copenhagen Collapse

Mon, 16 Nov 2009 00:00:00 -0800

Wall Street Journal - Nov. 16 (Opinion) - Over the weekend Mr. Obama bowed to reality and admitted that little of substance will come of the climate-change summit in Copenhagen next month. For the last year the President has been promising a binding international carbon-regulation treaty a la the Kyoto Protocol, but instead negotiators from 192 countries now hope to reach a preliminary agreement that they'll sign such a treaty when they meet in Mexico City in 2010. No doubt.

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Obama Receives New Afghan Option

Wed, 11 Nov 2009 00:00:00 -0800

Wall Street Journal - By Peter Spiegel, Yochi Dreazen - Nov. 11 (News Report) - President Barack Obama on Wednesday will consider a new compromise plan for adding troops to Afghanistan that would deploy 30,000 to 35,000 new forces, including as many as 10,000 military trainers, over the next year or more. The new scenario combines reinforcements for fighting Taliban insurgents with trainers aimed at rapidly increasing the size and capabilities of Afghan troops to take on more operations themselves. It wouldn't aim to eliminate the Taliban, but weaken it until Afghan forces can secure major population centers themselves.

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Army Wasn't Told of Alleged Fort Hood Shooter Hasan's Emails - WSJ.com

Wed, 11 Nov 2009 00:00:00 -0800

Wall Street Journal - By Yochi J. Dreazen, Evan Perez - Nov. 11 (News Report) - The Pentagon said it wasn't notified that U.S. intelligence agencies had intercepted emails between suspected Fort Hood shooter Maj. Nidal Hasan and an extremist imam until after last week's bloody assault.

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The Real Danger of 'One Big Regulator'

Wed, 11 Nov 2009 00:00:00 -0800

Wall Street Journal - Nov. 11 (Opinion) - Financial regulation is the next item on the political horizon, and it doesn't have to be the deathly dull wonk-battle that it sounds like. In fact, if the Democrats do their job, it can just as easily become a platform for addressing the greatest issues of them all. Our current way of regulating the financial system is dysfunctional. Oversight is dispersed among numerous confusing bodies that at times have seemed to be racing each other to the bottom. Setting up One Big Regulator would end that problem. The Obama administration's plan is to have the Federal Reserve regulate banks that might pose a "systemic risk" if they were to fail. Critics suggest the Fed is too close to the banks that it would be charged with cracking down on. What's more, the Fed's main task is monetary policy, so regulating banks would never receive the attention it deserves.

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Glenn Beck's Hotline to Nowhere

Wed, 04 Nov 2009 00:00:00 -0800

Wall Street Journal - By Thomas Frank - Nov. 04 (Opinion) - Glenn Beck, the popular Fox News host, has a red telephone on his desk that never seems to ring. Every now and then, in a moment of acute frustration, he will pick it up and give the camera his trademark pleading-puppy look. What Mr. Beck wants to hear from the phone are answers, and he wants to hear them from the highest authority in the land: the phone, he says, is "a dedicated line right to the White House." And when Mr. Beck gets things wrong, he wants his antagonists on Pennsylvania Avenue to correct him. But "They don't call. They're not going to call." One of the specific answers Mr. Beck wanted, on one of the days I watched his program last week, had to do with White House Communications Director Anita Dunn, who has been caught on film quoting one of those Mao Zedong aphorisms that wouldn't look out of place on a motivational poster. She also remarked that Mao was one of her "favorite political philosophers," an honor the Chinese Communist shared with Mother Teresa. Obviously Ms. Dunn was yet another person who deserved to be added to the long list of radicals that Mr. Beck had uncovered within the government. What's more, no one would call that red phone to reassure Mr. Beck, to tell him that the Obama administration isn't crawling with traitors or to explain why his many nightmare scenarios will not actually come to pass.

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Afghan Challenger Threatens to Boycott Runoff Election

Sat, 31 Oct 2009 00:00:00 -0700

Wall Street Journal - By Anand Gopal - Oct. 31 (News Report) - Afghanistan presidential challenger Abdullah Abdullah will announce on Sunday whether he will boycott next week's runoff, his campaign aides said, a move that could cause further undermine the legitimacy of the nation's controversial elections.

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No Deal: Chamber Chief Battles Obama Agenda

Fri, 30 Oct 2009 00:00:00 -0700

Wall Street Journal - By Stephen Power - Oct. 30 (News Report) - Thomas Donohue, president of the U.S. Chamber of Commerce, is working to defeat Obama on many of his top issues, sparking a furious reaction from the White House.

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House Democrats Set Deal on Government Option

Thu, 29 Oct 2009 00:00:00 -0700

Wall Street Journal - By Martin Vaughn, Naftali Bendavid - Oct. 29 (News Report) - House Democratic leaders are likely to include a compromise version of a public insurance option in sweeping health-care-overhaul?legislation that could be unveiled as early as Thursday.

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Why We're Failing Math and Science

Mon, 26 Oct 2009 00:00:00 -0700

Wall Street Journal - Oct. 26 (Interview) - The U.S. lags far behind other developed countries at the K-12 level in terms of measured performance in math and science courses. What can be done to change that?

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Senate on Verge of Health Bill

Mon, 26 Oct 2009 00:00:00 -0700

Wall Street Journal - By Janet Adamy, Greg Hitt - Oct. 26 (News Report) - Top Senate Democrats are close to finalizing their health bill and could unveil a measure as soon as early this week that would include stiffer penalties on employers who fail to provide health coverage.

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Learning to Love Insider Trading

Sun, 25 Oct 2009 00:00:00 -0700

Wall Street Journal - Oct. 25 (Opinion) - Here's a hot tip: Want to keep companies honest, make the markets work more efficiently and encourage investors to diversify? Let insiders buy and sell, argues Donald J. Boudreaux.

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Troop-Boost Plan Gains Backing

Sat, 24 Oct 2009 00:00:00 -0700

Wall Street Journal - By Peter Spiegel, Yochi Dreazen - Oct. 24 (News Report) - The Obama administration is moving toward a hybrid strategy in Afghanistan that would combine elements of both the troop-heavy approach sought by its top military commander and a narrower option backed by Vice President Joe Biden, a decision that could pave the way for thousands of new U.S. forces.

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It's His Rubble Now

Fri, 23 Oct 2009 00:00:00 -0700

Wall Street Journal - By Peggy Noonan - Oct. 23 (Opinion) - And the American people want him to fix it.

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Pay Czar to Slash Compensation

Thu, 22 Oct 2009 00:00:00 -0700

Wall Street Journal - By Deborah Solomon, Dan Fitzpatrick - Oct. 22 (News Report) - The U.S. pay czar will cut in half the average compensation for 175 employees at firms receiving large sums of government aid, with the vast majority of salaries coming in under $500,000, according to people familiar with the government's plans.

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The Doctor Fix Is In

Wed, 21 Oct 2009 00:00:00 -0700

Wall Street Journal - By None Given - Oct. 21 (Opinion) - it turns out the the ama is a cheap date. president j. james rohack now looks ready to embrace whatever else democrats offer up....

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The ABC Dilemma of Health Reform

Sun, 18 Oct 2009 00:00:00 -0700

Wall Street Journal - By Vernon L. Smith - Oct. 18 (Opinion) - I don't know whether this problem has a solution. If it does, I think it requires us to find mechanisms whereby third-party payment is made to the patient, B, who in turn pays A, supplemented with any co-payment from B for services. Hence, from the moment B seeks services from A both know who is going to be paying A for what is delivered. A and B each has need for what the other brings to the table, and this structure carries the potential for nurturing the relationship between A and B. B is empowered to become better informed about the services recommended by various A's that he might choose among, and the A's might find it particularly important to build good reputations with B's.

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Tea-Party Activists Complicate GOP Comeback

Fri, 16 Oct 2009 00:00:00 -0700

Wall Street Journal - By Naftali Bendavid - Oct. 16 (News Report) - The rise of conservative "tea party" activists around the country has created a dilemma for Republicans.

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