From “The Next Panic,” which appeared in the May 1987 issue of Harper’s Magazine. The complete article—along with the magazine’s entire 174-year archive—is available online at harpers.org/archive. Early this year,…
From the transcript of a March 7 Senate Banking Committee hearing on enforcement of the Bank Secrecy Act of 1970, which requires U.S. financial institutions to help the federal government…
The Iraqi parliament voted unanimously to extend the country’s state of emergency, and President George W. Bush, who declared himself a “realist,” disavowed a leaked White House memo that suggested…
Caught in the Web, 1860. President George W. Bush, apparently worried that John Kerry was beating him in recent opinion polls, appeared on a Sunday morning talk show. Bush defended…