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Lieberman's Stand: No Public Option

Tue, 24 Nov 2009 00:00:00 -0800

Wall Street Journal - Nov. 24 (News Analysis) - The Connecticut senator says any public option will compel him to block a final vote on the health bill. His objection, he says, is based on fiscal risk.

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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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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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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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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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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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Senate to Put Off Climate Bill Until Spring

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

Wall Street Journal - By Ian Talley - Nov. 18 (News Report) - Senate Democratic leaders said Tuesday they would put off debate on a big climate-change bill until spring, in a sign of weakening political will to tackle a long-term environmental issue at a time of high unemployment and economic uncertainty.

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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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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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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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White House Tally Appears to Overstate Stimulus Jobs

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

Wall Street Journal - By Louise Radnofsky, Maurice Tamman - Nov. 04 (News Report) - The number of jobs the Obama administration credits to federal stimulus money could be overstated by at least 20,000 of the 640,000 claimed, a Wall Street Journal analysis found. Recipients of the government grants and contracts appear to have made mistakes when estimating the number of jobs that have been saved or created, according to the Journal's review. Some recipients said they were confused by forms that asked how they spent the money.

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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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Republicans Are Poised for Gains in Key Elections

Tue, 03 Nov 2009 00:00:00 -0800

Wall Street Journal - By Naftali Bendavid, Anton Troianovski - Nov. 03 (News Report) - Republicans appear positioned for strong results in three hard-fought elections Tuesday. But isolated, off-year contests aren't always reliable indicators of what will happen in the wider federal and state races held in even-numbered years.

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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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Fed's Tarullo Shakes Up Bank Rules

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

Wall Street Journal - By Jon Hilsenrath, Damian Paletta - Oct. 26 (Special Report) - The rise of Daniel Tarullo, a lawyer with a longstanding interest in bank regulation appointed to the Federal Reserve Board by President Barack Obama, is a sign the era of light-touch bank regulation is over.

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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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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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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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