The Washington Post

After a nerve-rattling week in which the U.S. financial system was shaken to the core, here's a simple question: Why on Earth would anyone want to be president right now?

Even in the best of times, it's a grueling job. But the problems of 2008 seem unusually intractable, and despite the fine talk one sometimes hears about reconciliation, the electorate will be divided no matter who wins in November. Even Bush's snarkiest critics would have had trouble predicting all the rough weather of the second term, from… more

The first thing you see as you approach the campus of the University of Mississippi, in the town of Oxford, is a 100-year-old statue of a Confederate soldier that stands in front of a grand, columned building know as the Lyceum. This is the university's administration building and the heart of "Ole Miss." It is also the spot where, 46 years ago, a riot broke out when James Meredith became the first black student to enroll in the university.

Now, this coming Friday, Ole Miss will… more

"It is naive to think that somehow these guys aren't still doing business," said Jeffrey Lewis, director of the Nuclear Strategy and Nonproliferation Initiative at the New America Foundation. "These networks lay around like a loaded gun for anyone to use." LINK

According to the nonpartisan Committee for a Responsible Federal Budget, the Democratic proposals would cost the federal budget about $377 billion in 2013. The analysis is based on the Obama campaign's own figures, including the optimistic assertion that he can save $75 billion a year by closing tax loopholes and $55 billion by initiating a phased withdrawal from Iraq.

Committee President Maya MacGuineas accused both the Obama and McCain campaigns of "wishful budgeting." She estimates that Obama's promises to extend most of the Bush tax cuts… more

"I don't see any reason to believe that the Russians and the Chinese are any more willing today to support really tougher sanctions against Iran," said Flynt Leverett, a senior fellow at the New America Foundation and former Bush National Security Council staffer. LINK to Article

...Former White House Middle East director Flynt Leverett, who has criticized the administration for being too hawkish, said the moves on Iraq, Iran and North Korea were signs of "tactical desperation," adding: "It's a recognition that if they don't make these moves, they'll be left with nothing..."  LINK

...Maya MacGuineas, a budget expert at the New America Foundation who advised McCain on Social Security in 2000, said of his proposal: "In terms of details, there is so much to be filled in..." LINK

"The United States stand at this moment at the summit of the world," Winston Churchill said in 1945. "I rejoice that this should be so. Let them act up to the level of their power and their responsibility, not for themselves but for others, for all men in all lands, and then a brighter day may dawn upon human history."

It's been a long time since American foreign policy has elicited that kind of hosanna from abroad, and a long time… more

For a married couple, talking about money can be hard. But the cost of using a credit card to put off the conversation is almost always worse. So it is with a company, a city or a country. In While America Aged, financial journalist Roger Lowenstein uses the stories of three deeply encumbered institutions -- General Motors, the New York City subway system and the City of San Diego -- as examples not only of the way most individual Americans… more

Hold the champagne.

Or at least the California sparkling wine.

This week should be a joyous one for those of us who believe in the right to marry the person you love. A month after the California Supreme Court overturned the state's ban on same-sex marriage, gay couples will be able to walk into county offices here and secure the same marriage license to which heterosexual couples such as my wife and I are entitled.

Partners are hastily arranging nuptials, and the wedding-industrial… more