When Crony Capitalism Goes Bad

The government has finally found someone to blame for the mortgage meltdown: S&P, a ratings agency. But the accused says the government has other motives. [Credit: Boston Globe]

The gov­ern­ment has final­ly found some­one to blame for the mort­gage melt­down: S&P, a rat­ings agency. But the accused says the gov­ern­ment has oth­er motives. [Cred­it: Boston Globe]

What hap­pens to crony cap­i­tal­ism when things go bad­ly? Every­body lawyers up and charges and coun­ter­charges fly hard­er and faster than in a nasty divorce. Con­tin­ue read­ing →

Why It’s a Bad Time to Hold on to Holder

AG Eric Holder may have to help POTUS dig out from under mounting scandals. Credit: theatlantic.com

AG Eric Hold­er may have to go to help POTUS dig out from under mount­ing scan­dals.
Cred­it: theatlantic.com

May 10 was sup­posed to be about health care and moms.  The White House mes­sage of the day was that the health care law is pro-moth­er­hood. The law’s detrac­tors, with their “polit­i­cal bick­er­ing,” “tall tales,” and “polit­i­cal games,” are, by impli­ca­tion, against motherhood.

The Pres­i­dent deliv­ered this mes­sage two days before Moth­ers Day at a White House event. But his mes­sage nev­er did get out. Con­tin­ue read­ing →