U.S. Government Sells Chrysler Stake, Losses Higher Than Reported

On paper, the U.S. lost $1.3 billion on the Chrysler bankruptcy, but the true cost is far higher than that.

Fiscal Matters and the Need for Realistic Discourse

Our fundamental fiscal problem is an unwillingness to deal realistically with costs and benefits.

U.S. in Worse Shape than Greece

We might be looking at a potential fiscal crisis.

Two on Greece, the Eurozone, and the IMF

What we don’t know might hurt us.

Republican Field Not Weak As You Think

The GOP doesn’t have a charismatic superstar waiting in the wings. That’s okay.

Will Republicans Get Sane On The Debt Ceiling?

Wall Street says raise the debt ceiling. The Tea Party says no. What will the GOP do?

Tea Party Politics At The State Level: Less Libertarian, More Authoritarian

If you look at the Tea Party’s impact on state politics, you see it really isn’t much different from the Religious Right.

Obama’s Conventional Foreign Policy

Stephen Walt doesn’t expect Obama’s foreign policy to change along with the names on the org chart.

Michele Bachmann “Leaning Toward” Presidential Run

Minnesota Congresswoman Michele Bachmann is beginning to more like a real candidate for President. She won’t win, but she will be entertaining.

Bipartisan Budget Busting

It is always easier to compromise on more spending and less taxes.

Lame Duck Democrats Get Healed?

If Democrats had been this effective the previous two years, would they have lost as badly in November?

USPS Loses $ 8.5 Billion, Warns Of Bankruptcy

The U.S. Postal Service is warning Congress that it could run out of cash next year without a government bailout. Meaning that this is the perfect opportunity to reform an organization that has been out-of-date for a decade now.

Bush’s Apologia Should Not Be Accepted

Former Congressman Bob Barr argues that the right should not be so eager to rehabilitate George W. Bush. He’s right.

Bachmann v. Hensarling A Microcosm Of Internal GOP Battles

The race between Jeb Hensarling and Michelle Bachmann for Chair of the House GOP Conference is a microcosm for a battle that is likely to take place within the GOP for the next two years.

Tea Party = Racism?

Washington Post columnist Eugene Robinson takes a look at the Tea Party movement and claims to find racism.

Subsidize Broadband, Close the Post Office?

Fast Internet access is becoming a necessity for modern life. Should we subsidize it by eliminating the Postal Service?

TARP Paradox

If the Bush TARP initiative saved the economy at no cost to taxpayers, we have the odd situation of Republicans nonetheless angry it happened and Democrats who thought it a good idea annoyed that it worked.