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None of the restrictions the President is proposing will stop the Wall Street pay wagon, and a number of folks argue that they shouldn't. An Administration source admitted as much, sort of: "We have to, in governing, be tough in protecting the public trust, making sure money is not inappropriately used. But to do measures that would make it impossible for one of these companies to actually have the talent pool and function to survive, and pay the government back, would be self-defeating in any responsible policy." (See pictures of TIME's Wall Street covers...
...deals, as demonstrated by Governor Rod Blagojevich’s attempted sale of Illinois’s open Senate seat. Though most governors would never engage in such brazen corruption, it takes just one light-fingered public official to tarnish the democratic process. Furthermore, even honest governors expect some sort of goodie in return for choosing a candidate, be it political support or fundraising help. As Governor Blagojevich crudely put it, “a Senate seat is a [expletive] valuable thing, you don’t just give it away for nothing.” Governor Paterson took this...
...forget the actual players on the winning team, with normally almost any problem in youth sports being thrown onto the adults involved. While many problems do arise from overzealous coaches and parents who let ideas of grandeur make them ruthless, if we must exculpate the players from this sort of negative event, how can we ever credit them when they perform admirably? If we are to honor players for their good sportsmanship, we must be willing to cast them in a negative light when they exhibit none...
Because NIH grants not only create jobs for researchers but also frequently result in new products and treatments, funding for the NIH generates more than double its cost in economic output. This is exactly the sort of intelligent stimulus that Congress should be using to combat the current recession...
...hard to take Republican leaders too seriously when they criticize recovery plans for the economy; it's sort of like those geese criticizing evacuation plans for US Airways Flight 1549. Their critiques look even goofier when you see their alternatives. They warn that President Barack Obama's stimulus package will explode the debt - and so they want to make President Bush's debt-exploding tax cuts permanent. They say Democratic spending plans are full of pork - then they propose an extra $24 billion for the Army Corps of Engineers, the federal equivalent of Oscar Meyer. Let's just say their...