In the run-up to the Bretton Woods conference of 1944, John Maynard Keynes harrumphed that a gathering of 44 governments would amount to “the most monstrous monkey-house.” The Roosevelt administration pressed on with the conference anyway, and the result was the creation of the International Monetary Fund and the World Bank, the world’s most successful international economic institutions. Today, the sudden vacancy at the IMF’s helm has created a comparable moment. But the Obama administration appears to lack Franklin Roosevelt’s stomach for sidelining arrogant Europeans.
Read full article >>Monthly Archive for May, 2011
At 10 a.m. Tuesday morning, the Senate came to order. Forty-one seconds later, it adjourned.
During this legislative session, there was no bill under consideration, no debate on the floor, not even an opening prayer or a pledge of allegiance. The only senator in the chamber was Mark Warner (D-Va.), the presiding officer.
After completing his gavel duties, Warner looked up at the 20 tourists in the public gallery and wondered aloud to the clerk what the spectators must think of the proceedings.
Read full article >>We can’t know for sure what Thomas Jefferson would have thought of the arrests Saturday of five people who were dancing in his memorial. According to reports, they were grooving in silence to protest an earlier court ruling banning dance within the Jefferson Memorial.
The arrests sparked outrage galore, complete with viral videos on YouTube of the forceful police response. But overlooked is the utter irony of outlawing dance in the name of the third president. After all, this is the man who netted this nation a dance heritage with the Louisiana Purchase.
Read full article >>With an August deadline looming, the House overwhelmingly refused Tuesday to raise the legal limit on government borrowing, setting the stage for a long, sweaty summer of haggling over the shape of the largest debt-reduction package in at least two decades.
Not a single GOP lawmaker voted for the measure to raise the limit on the national debt from $14.3 trillion to $16.7 trillion — a sum sufficient to cover the government’s bills through the end of next year. Republican leaders said their troops would reject any increase without a plan to sharply curtail spending and, thus, future borrowing.
Read full article >>RICHMOND — Sen. Charles J. Colgan, the longest-serving member of the Virginia Senate, said Tuesday that he will run for a 10th term in November, a move that boosts Democrats’ chances of retaining their thin majority in the legislature’s upper chamber.
Colgan (D-Prince William), who is chairman of the Senate Finance Committee, had said a year ago that he would probably retire at the end of this year. “I’m not Strom Thurmond,” said Colgan, who was ailing from prostate cancer.
But on Tuesday, Colgan said he has beaten his cancer and is in excellent health. He had been swayed, he added, by fellow Democrats and supporters who urged him to run for another four-year term.
Read full article >>WASHINGTON — Supreme Court Justice Stephen Breyer has broken his right collarbone in a bicycle accident near his home in Cambridge, Mass.
Supreme Court spokeswoman Kathy Arberg said the 72-year-old justice took a spill over the weekend.
The mishap was not preventing Breyer from speaking in New York City Tuesday evening. Breyer was not in court Tuesday morning, but Arberg said the absence was unrelated to the accident.
Read full article >>Rep. Anthony Weiner (D-NY) declined to answer reporters' questions about a lewd photo sent to a woman who follows him on Twitter or why he was hiring a lawyer for the case instead of having law enforcement officials pursue the matter. (May 31)
Read full article >>Should the federal government pay employees for the time they spend on union activities?
Before you answer, consider some of the information that will be examined during a House subcommittee hearing Wednesday afternoon.
The hearing marks a continuation of the House federal workforce subcommittee’s practice of targeting issues in which Republicans feel federal workers have an unfair advantage or are costing taxpayers too much money.
Read full article >>America: The contents of your pockets — all that jangles, jingles and gets mixed in with lint and Tic-Tacs — are decided right here.
“I have a problem with the proportion,” says Heidi Wastweet, examining a slide projection that depicts a soldier on the march. The arms are too short, she says. “It doesn’t look like a real, human gesture.”
“As a historian, I like [design] five because of the World War II” component, says Michael Ross. He thinks design five emphasizes a continuum of service.
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