October 2011

Oct 28, 2011

Super Committee & the Budget Debate

With John Harwood, CNBC

The Super Committee is just weeks away from having to decide on a massive new budget plan. CNBC's John Harwood has the details on whether Europe's deal has put more pressure on Congress to follow suit.

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White House turns the screws on Congress over 9 percent approval

By Sam Youngman, The Hill

A number of White House officials, sensing momentum on their side, blasted Republicans in Congress and on the campaign trail, mocking recent measures and Congress's 9 percent approval rating.

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2012: What a Long, Dull Road It's been (So Far)

By Susan Davis, National Journal

The good folks at Pew Research Center put a data point on what most American already know: so far this presidential race has been dull. According to their latest poll, a majority, 51 percent, of Americans say the campaign has been "dull" while 35 percent say it has been "interesting." Fully half, 50 percent, say the campaign season is too long--and there's still more than a year to go.

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Clause and effect: The business cycle matters when assessing the cost of new regulations

By The Economist

American policymakers are pulling every lever they can to revive the economy, from fiscal stimulus to quantitative easing. The big exception has been regulatory policy. From environmental protection to bank oversight, the rule book has steadily thickened in recent years. Republican critics of Barack Obama think this explains America’s economic malaise. Scrap the rules, they claim, and the economy will spring to life. Nonsense, responds the Treasury. In a recent article, Jan Eberly, an assistant secretary for economic policy, scrutinised the behaviour of corporate-bond yields, corporate profits and other indicators. She found no evidence that regulatory uncertainty is holding businesses back from hiring or investment; weak demand is the big culprit.

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More Than Luck: A veteran intelligence chief talks about finally connecting the dots.

By James Kitfield, National Journal

In a string of successful operations this year, U.S. counterterrorism forces have drawn a bead on the top tier of the terrorist hierarchy. They killed Qaida chief Osama bin Laden last May, and then Anwar al-Awlaki and Samir Khan, two top leaders in al-Qaida’s dangerous franchise in Yemen. Ten years after the terrorist attacks of Sept. 11, U.S. officials seem to be accurately “connecting the dots” from terrorism plots back to the masterminds who hatched them. National Journal Senior Correspondent James Kitfield spoke recently with David Shedd, an intelligence veteran who is now deputy director of the Defense Intelligence Agency, about what the recent successes say about post-9/11 intelligence reforms. Edited excerpts from the interview follow.

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Oct 27, 2011

In Ohio, praise and questions for Herman Cain

By Dan Balz, Washington Post

First impressions are important in politics, and no one has introduced himself better in the campaign for the Republican presidential nomination than businessman Herman Cain.

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Economy, Politics Fan American Discontent

With David Wessel, Wall Street Journal

The 30% of Americans with four-year college degrees are less likely to be unemployed and make more money than the others, but they're just as pessimistic about the economy and the direction of the country. David Wessel explains on The News Hub.

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Black Voters’ Support for Obama Is Steady and Strong

By Helene Cooper, New York Times

Abdul Malik seems the prototype of a disenchanted Barack Obama voter. Mr. Malik, 48, lost his job as a grading and landscape worker a year and a half ago, another victim of the housing bust. Since then, he has been searching for something, anything, to help make ends meet.

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Sneak Preview of Fall Attractions? Romney Visits NoVa

By Beth Reinhard, National Journal

Virginia Lt. Gov. Bill Bolling thanked Republican presidential candidate Mitt Romney for taking “time away from his campaign’’ on Wednesday to come to this Washington, D.C., suburb, but the gratitude was certainly mutual. Sure, Romney offered a jolt of media exposure to the local and state candidates running on the Nov. 8 ballot who joined him at the party’s Fairfax County headquarters. But as the Republican front-runner himself pointed out, northern Virginia will undoubtedly be a battleground once again in the 2012 general election.

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Paul Ryan Slams Obama Over Economy, ‘Divisive Rhetoric’.

By Naftali Bendavid, Wall Street Journal

Rep. Paul Ryan delivered a blistering speech Wednesday criticizing President Barack Obama for dividing Americans and offering unworkable solutions to the country’s economic problems.

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Taxpayers' Billions: Missing in Baghdad

With Eamon Javers, CNBC

A report on the billions of dollars in cash, sent to Iraq from the New York Fed, are missing.

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Oct 26, 2011

New Poll Finds a Deep Distrust of Government

By Jeff Zeleny and Megan Thee-Brenan, New York Times

With Election Day just over a year away, a deep sense of economic anxiety and doubt about the future hangs over the nation, according to the latest New York Times/CBS News poll, with Americans’ distrust of government at its highest level ever.

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