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...plan to limit commercial bank activity represented an even more extensive use of populist rhetoric, and its populist nature is now revealed by the fact that it has barely been mentioned in the weeks since the subject was first broached. In the desperate moments following the Massachusetts Senate race, Obama sought an “elite” group to blame, and Wall Street bankers provided a perfect, easy target. His failure to outline a clear plan explains the holdup now preventing banking reform, and his focus on blaming the banks rather than reforming them represents the keystone failure...

Author: By Peter M. Bozzo | Title: Obama’s Tea Party | 3/2/2010 | See Source »

...Obama needs to acknowledge the populist criticisms directed at him without exploiting the techniques that his critics employ. Doing so is the only way he can move forward, which is, after all, what he promised in his forward-looking, hope-saturated campaign. The American people deserve for Obama to deliver on his promises, and he can start by abandoning the populist rhetoric that he employed during his latest debacle with the banks...

Author: By Peter M. Bozzo | Title: Obama’s Tea Party | 3/2/2010 | See Source »

...primary election approached, it was still not clear when Hutchison would step down. She had previously said she would leave Washington in October or November, no matter the outcome of the election, but her staff said last week she could stay until January to ensure the defeat of the Obama Administration's health care bill...

Author: /time Magazine | Title: How Rick Perry Turned Around the Battle for Texas | 3/2/2010 | See Source »

...Washington think tank. However, despite Washington's praise for the progress made under Uribe's leadership, the rejection of another re-election bid actually "helps American relations a lot," says Adam Isacson, a Colombia expert with the Washington-based Center for International Policy. "I don't think the Obama Administration was really relishing the idea of having to work with an ally in his third term and clearly unwilling to give up power." That would be not just because of concerns over an erosion of democracy and the monopoly on power by one leader but also because...

Author: /time Magazine | Title: Colombia Gets Ready for Life After Uribe | 3/2/2010 | See Source »

...relapse into civil war. Under the Status of Forces Agreement concluded between the Bush Administration and the Iraqi government, all U.S. combat forces will be withdrawn from Iraq by the end of July, and the remaining support troops and training personnel will leave by the end of 2011. The Obama White House, which needs extra soldiers for its expansion of the war in Afghanistan, is committed to that timetable and optimistic about the country that they will leave behind. But on the streets of Baquba, it seems that the goal of a stable, independent and somewhat democratic Iraq...

Author: /time Magazine | Title: Dangerous Omens for an Iraq Without U.S. Troops | 3/2/2010 | See Source »

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