Obama Likely To Make Denis McDonough Chief Of Staff

President Barack Obama is likely to name deputy national security adviser Denis McDonough his next chief of staff, replacing Jack Lew after his nomination to be treasury secretary, according to sources familiar with the matter. McDonough, a longtime Obama foreign policy adviser who worked on the Democrat‘s 2008 presidential campaign, would bring a strong working […]

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Pentagon Needs Battle Plan for Troop-Suicide Threat

While the U.S.’s foreign wars wind down, the body count at home keeps rising. The Pentagon said this week there were 349 suicides by active-duty members of the armed services in 2012, as opposed to 311 combat deaths. Before you jump to conclusions about the plight of battle- traumatized veterans failing to readjust to life stateside, consider […]

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Lessons From the Last Great Hero of Modern Finance

The global economy was not the only casualty of the 2008 financial collapse. The crisis also soiled the reputations of many in the financial industry and of the regulators, political leaders, and media outlets that were supposed to keep them in check. So William Silber’s new biography of Paul Volcker, one of the last remaining […]

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First Strike: US Cyber Warriors Seize the Offensive

When the Pentagon launched its much-anticipated “Strategy for Operating in Cyberspace” in July 2011, it appeared the US military was interested only in protecting its own computer networks, not in attacking anyone else’s. “The thrust of the strategy is defensive,” declared Deputy Secretary of Defense William Lynn. The Pentagon would not favor the use of […]

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A Metaphor for Obama

As US President Barack Obama begins his second term, he needs a simple way to express his vision and policies for the economy – a metaphor around which support for his policies might crystallize, thereby boosting his administration’s political effectiveness. So, what makes a successful metaphor work? The 2008 Obama campaign used the slogan “Change […]

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Rebooting Republican Foreign Policy

This past fall was not kind to U.S. President Barack Obama‘s foreign policy. It became increasingly clear that Afghan security forces were not going to be ready for the 2014 transition. The New York Times highlighted the administration’s failure to persuade the Iraqi government to allow a residual U.S. force to stay in the country, leaving Baghdad […]

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The Operatic Life of Richard Nixon

On this, the 100th birthday of Richard Nixon, the slogan from his first campaign for Congress is the salient fact: “One of us.” His dreams were ours — and so, in the end, were his sins. The life of no president says more about this country. Nixon’s accomplishments sing of the finest American attributes — […]

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US President Faces Another Cliff

Believe it or not, Israel, led by the arrogant Israeli leader Prime Minister, Benjamin Netanyahu, has been dealt two American slaps in the face in the last few days, a blow it has never experienced since President Dwight Eisenhower compelled Israel and its two European allies, Britain and France, to withdraw their occupation forces from […]

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Lessons from U.S. Bailouts, Through the Rearview Mirror

U.S. Treasury Secretary Tim Geithner is calling it a day. So is Treasury’s Troubled Asset Relief Program, the $418 billion effort to rescue banks, automakers and other companies during the financial crisis. In announcing its intention to complete the sale of the remaining shares it owned in General Motors Co. (GM), American International Group Inc. (AIG) and 218 smaller banks, Treasury is essentially […]

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Spengler’s Ominous Prophecy

A QUESTION haunts America: Is it in decline on the world scene? Foreign-policy discourse is filled with commentary declaring that it is. Some—Parag Khanna’s work comes to mind—suggests the decline is the product of forces beyond America’s control. Others—Yale’s Paul Kennedy included—contend that America has fostered, at least partially, its own decline through “imperial overstretch” […]

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