A Detached President Could Be Just What the NSA Needs

President Obama was described as "impatient" and "disengaged" during briefings on last year's Syria crisis.  That  sense of detachment lead him to a constructive resolution of the NSA snooping controversy. [Credit: Pumas Unleashed]

Pres­i­dent Oba­ma was described as “impa­tient” and “dis­en­gaged” dur­ing brief­in­gs on last year’s Syr­ia cri­sis. That sense of detach­ment could lead him to a con­struc­tive res­o­lu­tion of the NSA snoop­ing con­tro­ver­sy. [Cred­it: Pumas Unleashed]

Even as the debate about arm­ing the [Syr­i­an] rebels took on a new urgency, Mr. Oba­ma rarely voiced strong opin­ions dur­ing senior staff meet­ings. But cur­rent and for­mer offi­cials said his body lan­guage was telling: he often appeared impa­tient or dis­en­gaged while lis­ten­ing to the debate, some­times scrolling through mes­sages on his Black­Ber­ry or slouch­ing and chew­ing gum.

New York Times, Octo­ber 22, 2013

A Pres­i­dent has enor­mous demands on his time and atten­tion. He can’t focus on every­thing. He must choose. Pres­i­dent Oba­ma, if the New York Times account is to be believed, chose to be “impa­tient” and “dis­en­gaged” as his advis­ers last year pre­sent­ed him with options on Syr­ia, per­haps explain­ing why he fol­lowed what the Times termed “an uncer­tain path amid Syr­i­an bloodshed.”

The dis­en­gage­ment from mat­ters of nation­al secu­ri­ty that served him so poor­ly through­out the Syr­i­an affair might unique­ly suit him to resolve the con­tro­ver­sy over whether the gov­ern­ment should con­tin­ue to gath­er large vol­umes of data about US cit­i­zens. Con­tin­ue read­ing →

Fed Up: Judge Strikes Down Federal Reserve on Swipe Fees

The Fed holds all the cards when it sets a policy.  Nobody bothered telling that to a federal judge, who last week struck down a Fed regulation on debit card swipe fees.

The Fed holds all the cards when it sets pol­i­cy. Nobody both­ered telling that to a fed­er­al judge, who last week struck down a Fed reg­u­la­tion on deb­it card swipe fees.

When it comes to bailouts, mon­e­tary pol­i­cy, and bank­ing reg­u­la­tion, the Fed­er­al Reserve has the last word. No one – not the Pres­i­dent, not Con­gress, not any­one – stops the Fed from doing what it has deter­mined to do. Until last week. Con­tin­ue read­ing →