Caught in the Web, 1860. The International Monetary Fund said that the global economy was improving and that banks would probably have to absorb another $1.5 trillion in losses in…
A Christian martyr. President Barack Obama addressed a joint session of Congress and implored Democrats to pass their own health-care legislation. During the speech, the president noted that the bill…
An American cattleman. Polls showed that the level of public support for health-care reform was plummeting, a result of both Democratic capitulation–as when Senate Finance Committee Chair Max Baucus (D.,…
Barack Obama claimed that the same groups that attacked the U.S. on September 11, 2001, were “plotting to do so again,” that the eight-year conquest and occupation of Afghanistan were…
Caught in the Web, 1860. With Congress in recess, opponents of and advocates for health-care reform stepped up their media campaigns. Angry citizens, led by industry front groups, former “Swift…
Congress defied President Barack Obama and adjourned for the summer without passing a health-care-reform bill. The House Energy and Commerce Committee approved its own version of the bill 31-28 (with…
An American cattleman. The Congressional Budget Office announced that a proposed plan to control health-care spending would save only $2 billion over ten years, compared to a proposed $1 trillion…
CIA director Leon Panetta admitted that the agency, initially under orders from then-Vice President Dick Cheney, kept secret from Congress the existence of a special counterterrorism program for eight years.…
Democrats in Congress denied President Barack Obama the $80 million he sought to close the detention facility at Guantanamo Bay and move its prisoners to maximum-security prisons in the United…
The Sri Lankan government declared an end to their 26-year war against the Liberation Tigers of Tamil Eelam, or Tamil Tigers, after a final battle in which Tiger leader Vellupillai…
An American cattleman. After much bargaining with the largest banks in the United States,Treasury Secretary Tim Geithner announced the results of the Treasury’s “stress tests,” studies that estimate how the…