Obama’s Billion-Dollar Bet

From the moment the presidential race started taking shape, it was clear that along with being a contest between two candidates, the election would also be a contest between two different approaches to winning. Team Romney and its super PAC allies signaled that they would raise a ton of money to run a traditional campaign […]

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Obama Looks Good Going Into The Final Weekend

After all the drama of the past few days, it may seem anticlimactic to suggest that not much has changed in the election. That’s what the latest polls are telling us, though. Going into the final weekend of the campaign, it’s still a tight race, but President Obama retains a distinct advantage in the electoral […]

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The Crisis That Dare Not Speak Its Name

In a campaign dominated by serious domestic policy concerns, perhaps it’s no surprise the only person asking the presidential candidates about the greatest threat to global financial stability is a comedian. Until Tonight Show host Jay Leno raised the European debt crisis with President Barack Obama last week, the Eurozone was almost completely absent from the presidential […]

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The Politics of Hurricane Sandy

IS HURRICANE SANDY capable of altering the election result? The presidential candidates are hunkering down and trying to avoid looking partisan as this big, wet storm heads for the eastern seaboard. But any number of calculations are being made by the campaigns. Plausible arguments are flying, explaining why this storm is bad news, or is […]

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Hurricane Sandy Threatens $20 Billion in Economic Damage

Hurricane Sandy’s economic toll is poised to exceed $20 billion after the biggest Atlantic storm slammed into the Eastern U.S., damaging homes and offices and flooding subways in America’s most populated city. The total would include insured losses of about $7 billion to $8 billion, said Charles Watson, research and development director at Kinetic Analysis […]

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Meet Sandy, the Game Changer

One reason U.S. politics is almost as popular as NASCAR among American sports is that it gives the little guy someone to root for. Of course, that’s almost never the candidates of the major parties, most of whom are odious concoctions of their own egos and the corrupting forces of money and ideology. But dependably, […]

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America’s Capsizing Naval Policy

During the recent foreign policy debate, the president presumed to instruct his opponent: “Governor Romney maybe hasn’t spent enough time looking at how our military works. You mentioned the Navy, for example, and that we have fewer ships than we did in 1916. Well, Governor, we also have fewer horses and bayonets, because the nature […]

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The True Spy Story Behind Argo

In the final scenes of the “nail-biting political thriller” Argo — the true story of how the CIA safely whisked six U.S. Embassy staffers out of Iran during the 1979 hostage crisis — a group of Americans disguised as a film crew safely survives three passport checks, the canceling and uncanceling of plane tickets, and a runway […]

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Economic Recovery May Come Too Late For Obama

The green shoots of recovery are growing a little taller. Newly released gross domestic product estimates   measuring consumer and government spending, investments and net exports   show the economy growing at 2 percent in the third quarter, up from 1.3 percent in the second. In normal times, this would be nothing to get excited about; average GDP growth between […]

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