Mocked by The Wall Street Journal and Sen. John McCain as the little people of the “Lord of the Rings” books, the tea party “Hobbits” are indeed returning to Middle Earth — to nail the coonskin to the wall. As even the Journal concedes, the final deal to raise the …
They were called “terrorists,” “fanatics” and “unpatriotic.” Yet the principled resistance of the Tea Party Caucus in the House has put their leader right across the table from Barack Obama to negotiate the final terms of armistice in the debt-ceiling battle of 2011. Today is July 22. On this day, …
Though President Obama has run rings about the Republican Party in the debt-ceiling debate, that party can yet emerge victorious, if it will stick to its guns. Clearly, the Republican strategy was not thought through, when the party chose the debt ceiling as the legislative terrain on which to fight …
Departing for New Hampshire in November 2010, Sen. Judd Gregg, the fiscal conservative President Obama wanted in his Cabinet, blurted an inconvenient truth: “This nation is on a course where if we don’t do something about it, get … fiscal policy (under control), we’re Greece.” The remark was regarded as …
As President Bush prepared to invade Iraq in September 2002, the head of his economic policy council, Lawrence Lindsey publicly estimated such a war could cost $100 billion to $200 billion. Lindsey had committed candor, and the stunned Bushites came down on him with both feet. “Baloney,” said Donald Rumsfeld. …
Seventy-one years ago this spring, after the German army had broken through the French lines, British Prime Minister Winston Churchill flew to France to consult his embattled allies on how to stop the advance. “Where is the strategic reserve?” Churchill urgently asked the French commander in chief, Gen. Maurice Gamelin, …
At the G-8 summit in Deauville, France, the news was dramatic, delivered by Nicolas Sarkozy of France and Barack Obama. To sustain the Arab Spring, America, Europe and Japan will provide $40 billion in fresh foreign aid for Arab nations that take the democratic path. The $40 billion breaks down …
“We need to be honest with the president, with the Congress, with the American people” about the consequences of cutting the defense budget, said Secretary of Defense Robert Gates in his valedictory policy address to the American Enterprise Institute. “(A) smaller military, no matter how superb, will be able to …
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