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Office Of Thrift Non-Supervision

In the deluge of financial news, one story that is emblematic of the colossal failure of the conservative approach to government has gotten too little attention: The Washington Post's in-depth look Sunday at the Office of Thrift Supervision. Like so many federal...

Recovery Realism

Today there are new signs that President-elect Obama's economic team and the Democratic leadership in Congress are prepared to commit to an economic recovery plan that is suited to the scale of the problem. But the progressive movement will still have to push the...

The Trillion-Dollar Scare Tactic

Today, the Washington Post casually warns that "the annual federal budget deficit already is spiraling toward $1 trillion -- about 7 percent of the gross domestic product -- a level not seen since the end of World War II," to raise concern about the size of any...

Down At The Mall, The Shopping Spree is Over

There's an e-mail making the rounds this week: STORE CLOSINGS AND LAYOFFS: By the end of Dec. 2008 as announced Circuit City Filed Bankruptcy, they promised to keep all stores open for the holiday season, but afterwards, they plan on closing 155 stores nationwide. Ann...

Conservatism: Trashing Government on Its Way Out

Reading the headlines over the past week, I'm beginning to wonder if there's a single agency in the United States government that conservatives haven't left in worse shape than they found it. I've been reading about demoralized government employees, under-resourced...

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