The government bails out Fannie Mae, Freddie Mac and AIG. Lehman Brothers goes bankrupt and Merrill Lynch is sold. Stocks are tanking with the Dow Jones down by 22 percent…
I’m taking part in the Online 100, a panel put together by PoliticsHome.com, a terrific website that offers breaking political news and analysis. The Online 100, which is meant to…
Last June, Bart Gellman’s four-part series in the Washington Post gave us an extraordinary portrait of Dick Cheney, the most powerful vice president in America’s history. The series, called “Angler”–after…
Submersion Journalism: Reporting in the Radical First Person from Harper’s Magazine, a collection of fifteen pieces from the magazine, is about to go on sale. One of my stories is…
Speaking of huge contributions to politicians from Wall Street, you’d think members of Congress would by now be reluctant to accept donations from the American subsidiary of Swiss giant UBS.…
Stocks on Wall Street and other exchanges throughout the world dropped as brokerage Merrill Lynch was bought by Bank of America, insurance giant AIG sought tens of billions of dollars…
“Both the Republicans and Democrats have given the financial services industry everything it wanted. The finance sector has endless amounts of money to influence politics and can outgun the bank…
In Jürgen Hillesheim’s recent book on the Augsburg adolescence of Bertolt Brecht, we learn how the quiet but stubborn protagonist came to be expelled from high school. It was 1917…
Glaubst du denn: von Mund zu Ohr Sei ein redlicher Gewinst? Überliefrung, o du Tor, Ist auch wohl ein Hirngespinst! Nun geht erst das Urteil an; Dich vermag aus Glaubensketten…
Hat einer nur so viel Freiheit, um gesund zu leben und sein Gewerbe zu treiben, so hat er genug, und so viel hat leicht ein jeder. Und dann sind wir…
“It is natural to believe in great men,” begins Ralph Waldo Emerson’s Representative Men: Seven Lectures. After the past twenty-four hours of reassuringly well-lit conversations between Charlie Gibson and the…
“Why is civility so essential? Is negativity not one of the conditions of criticism?” The questions come late in “Against Integrity,” Leon Wieseltier’s latest Washington Diarist column from this fortnight’s…
From today’s Washington Post, which cited Sarah Palin’s repeated claims that she fought the Bridge to Nowhere as an example of “a candidate staying on message even when that message…
Here’s a lovely nugget from the fed’s indictment of Kevin Ring, the former aide to California Congressman John Doolittle who after becoming a lobbyist worked closely with Jack Abramoff. Ring…
From the Washington Post: Alaska Gov. Sarah Palin has billed taxpayers for 312 nights spent in her own home during her first 19 months in office, charging a “per diem”…
The Treasury Department seized control of mortgage and loan giants Fannie Mae and Freddie Mac, firing the companies’ chief executives and promising to provide as much as $200 billion to…
Alabama U.S. Attorney Alice Martin’s efforts in prosecuting Democrat Sue Schmitz, previously chronicled here and here, were set back today when the judge overseeing the test case declared a mistrial.…
“Even before the knocker was lifted, he knew they had come: here were the wheels of the trap scraping on gravel, and the pony’s skipping gait, and a child’s angry…
From ProPublica and PBS’ “Frontline” In the world of Big Oil, Albert “Jack” Stanley was legendary for winning billion-dollar contracts in Third World countries as the Halliburton (HAL, news, msgs)…
There are two great American pastimes: baseball and sucking up to huge corporations. It appears that McCain Campaign Chair Rick Davis has found a way to combine the two. There’s…
O Fortuna velut luna statu variabilis, semper crescis aut decrescis; vita detestabilis nunc obdurat et tunc curat ludo mentis aciem, egestatem, potestatem dissolvit ut glaciem. Sors immanis et inanis, rota…
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At the Republican convention the city of New Orleans and the larger gulf coast received what was doubtless a salubrious and meaningful supply of fortifying lip service. One might suppose…
A lot of prisoners had it much worse—a lot of—a lot of prisoners had it much worse than I did. I’d been mistreated before, but not as badly as many…
I’ve heard of the five-year plan to graduate from college, but this is the first time I’ve heard of the five-college plan. Yes, that’s the number of different colleges that…
Sarah Palin must have felt right at home last night during her speech to the G.O.P. convention: there were almost no black people. African Americans make up only 3.7 percent…
Karl Rove thinks that a president who would pick as his running mate a former small-town mayor and state governor with little experience would be making “an intensely political choice”…