Free Republic

WASHINGTON – Sen. Christopher Dodd's decision to retire at the end of the year increases the chances of a Senate overhaul of Wall Street regulations that is bipartisan and friendlier to the financial sector than what President Barack Obama may want. Political strategists from both parties and financial sector lobbyists say Dodd, the chairman of the Senate Banking Committee, is now free from re-election considerations and fundraising demands to cut a deal with Republicans without fear of alienating liberal voters. "The political motivations associated with Chairman Dodd's re-election are now gone from the regulatory process," said Scott Talbott, senior lobbyist...

The Obama Administration is touting that their stimulus program has saved or created 640,329 jobs since it was enacted back in February through the end of October. This number is updated and posted on the Administration’s recovery.gov web site. That amounts to $246,436 per job based on the $157.8bn that has been awarded so far!

A new analysis by a leading MIT economist provides new ammunition for Democrats as the Senate begins formally debating the historic health-reform bill being pushed by President Barack Obama. The report concludes that under the Senate’s health-reform bill, Americans buying individual coverage will pay less than they do for today's typical individual market coverage, and would be protected from high out-of-pocket costs. So Democrats will argue that under the Senate bill, Americans would pay less for more.

Central Asia faces a broad range of security challenges. Due to the region’s position at the crossroads between Russia, China, Afghanistan, Pakistan, Iran and the Caspian Sea it is confronted with a range of trans-national issues such as drug trafficking, human trafficking, organised crime and terrorism. Central Asia also encounters specific regional threats including scarcity of water resources for generating power and irrigation purposes, which is currently causing tension. On a national level the five Central Asian republics face the threat of instability due to bad governance and the harsh impact of the economic crisis.

For NATO combat troops, Iraq and Afghanistan differ in several important ways. For one thing, nearly all the fighting is out in the countryside. In Iraq, most of the combat was in urban areas. Moreover, Afghanistan has many very different rural environments. There are heavily populated (by farmers living in villages or clan compounds) river valleys, deserts (often not far from the river valleys), and mountains (both barren and forested.) Some of the mountains are very high, but most are similar to the American Rockies. The other big difference is that the Pushtun tribesmen, that comprise most of the Taliban,...

The Democrats did not lose a 2-1 squeaker last night. They lost two huge races, saw an overall evaporation of 25 basis points of support -- and lost by nearly 500,000 cumulative votes in the three high-profile elections. Or put another way, Republicans won two races decided by millions of voters -- and Democrats won a small race dominated by party operatives. In addition, the GOP made some historic gains in Pennsylvania, Michigan, and Washington state special elections to boot. In the context of Bob McDonnell's huge win in Virginia and Chris Christie's surprisingly comfortable win in New Jersey, of...

What Is It? Macroeconomics is the study of the behavior of the economy as a whole. Macroeconomic analysis broadly focuses on three things: national output (measured by gross domestic product (GDP)), unemployment and inflation. (For background reading, see The Importance Of Inflation And GDP.) National Output: GDP Output, the most important concept of macroeconomics, refers to the total amount of goods and services a country produces, commonly known as the gross domestic product. The figure is like a snapshot of the economy at a certain point in time. When referring to GDP, macroeconomists tend to use real GDP, which takes...

WASHINGTON – Vitriol and invective stain American political history, but falsehoods, half-truths and innuendo now spread with the speed of light across partisan airwaves and the Internet — the din drowning out the country's moderate political center. Countless Internet blogs have taken on the administration of the first African-American president, claiming — falsely — that Barack Obama isn't an American citizen, is a secret Muslim, is a socialist, wants to establish death panels to decide when elderly Americans would no longer receive medical care and be allowed to die. The list is long. Most recently, a partisan furor blew up...

Team Sarah is a diverse coalition of Americans dedicated to advancing the values that Sarah Palin represents in the political process. The Team is setting up a process whereby people volunteer to review specific pages of health care bills and provide anaylsis of the implication of the language in those pages in real time. The review team and process is being set up so that any bill presented can be analyzed by Team Sarah reviewers in its entirety in a matter of a couple hours! End Stalinism Now! Step up!

NEW YORK — The New York Police Department revised a highly touted report on the threat of homegrown terrorism in response to complaints that it was an insult to law-abiding, observant Muslims. A coalition of Muslim groups on Wednesday applauded the two-page clarification tucked into "Radicalization in the West: The Homegrown Threat" — a study first circulated in law enforcement circles and on the Internet in 2007. The new wording says the NYPD "understands that it is a tiny minority of Muslims who subscribe to al-Qaida's ideology of war and terror." The clarification also calls the city's Muslim community "our...

. . . Much of the admiring conservative literature about Reagan, like that written by liberals, also focuses chiefly and too narrowly on the Cold War story. . . . The difficulties Reagan had controlling spending and the growth of government were not lost on conservatives during and immediately after his presidency. The case for disappointment, verging at times on betrayal, was made often while Reagan was in office. For example, the Winter 1984 issue of Policy Review contained a symposium called “What Conservatives Think of Reagan.” .Terry Dolan, head of the National Conservative Political Action Committee, complained: “There has...

Note: The following text is a quote: Former President Clinton Visits CIA July 27, 2009 Former President Bill Clinton visited the Central Intelligence Agency today to thank the men and women of CIA for their essential work in protecting the United States from foreign threats. Welcoming the former President back to CIA, Director Leon E. Panetta said: “President Clinton understood very well the role of intelligence and its vital importance in the post-Cold War era. He relied on this Agency for information and insight, as he and his team confronted an array of foreign challenges.” In remarks to hundreds of...

Politico: “Stimulus tour” “52 of the 66 events were in states that backed Obama.” The other 14 events were in states that Obama lost only narrowly. A new study released by USA Today also finds that counties that voted for Obama received about twice as much stimulus money per capita as those that voted for McCain. "The stimulus bill is designed to help those who have been hurt by the economic downturn.... Do you see disparity out there in where the money is going? Certainly," a Democratic congressional staffer knowledgeable about the process told FOXNews.com. "The people to talk to...

When Alaska Gov. Sarah Palin announced her resignation two weeks ago it was after a series of strange, petty bouts with her detractors. Many "frivolous ethics violations" had been alleged against her, she noted. David Letterman had told an ugly joke about her daughter. A blogger had posted something that was probably not true. Someone had photoshopped a radio talker's face onto a picture of her baby -- a "malicious desecration" of the image, in the words of Ms. Palin's spokeswoman. Team Palin got duly indignant at each of these. They took special, detailed offense. They issued statements magnifying their...

WASHINGTON – Congress has taken its first step toward an energy revolution, with the prospect of profound change for every household, business, industry and farm in the decades ahead. It was late Friday when the House passed legislation that would, for the first time, require limits on pollution blamed for global warming — mainly carbon dioxide from burning fossil fuels. Now the Senate has the chance to change the way Americans produce and use energy. What would the country look like a decade from now if the House-passed bill — or, more likely, a water-down version — were to become...

ISLAMABAD – Pakistan says it is close to beating the Taliban in the Swat Valley, but battlefield success alone does not equal victory: Militant commanders are still on the run, local governments and police forces have been decimated and millions of residents are displaced from their homes. Even if Pakistan succeeds in eliminating insurgents in one of its most intense operations yet, the northwestern valley is just one of several militant strongholds in the U.S.-allied country — and not even the most important. Already, fighting is flaring in the semiautonomous tribal areas bordering Afghanistan, where al-Qaida and the Taliban are...

WASHINGTON – On both economic and national-security fronts, President Barack Obama is giving ground and crossing swords with political allies. Caught in the worst economic downturn in generations, Obama has had to temper his stance on trade and lower his expectations for trimming charitable tax breaks for the wealthy and for taxing greenhouse-gas polluters. He's not the first president to be pulled toward the political center after being elected. But the recession and two wars abroad put him in a particularly tough spot — with smaller margins for error. With the deficit mushrooming, lawmakers in both parties are worrying more...

WASHINGTON – Barack Obama warned Democrats in Congress against making a partisan cause out of the Bush administration's harsh interrogation tactics. House Speaker Nancy Pelosi is ignoring him — loudly — and the party,.. So far, it's Pelosi who's suffered the greatest harm. It may never be resolved exactly when she first learned that waterboarding had been used against terror suspects .. But the Democrats' claim to the moral high ground on the issue has been blemished by her explanation this week that in early 2003 she shifted her attention to winning political control of the House and didn't wage...

WASHINGTON – The fuse that could ignite an explosion of Islamic militancy in Afghanistan and Pakistan is burning so fast that the Obama administration is scrambling to keep pace. As Pakistan's army finally opened a belated offensive against the advance of extremist Taliban fighters, Pakistani President Asif Ali Zardari and his key security ministers huddled Wednesday with their Afghan and U.S. counterparts in all-day meetings in Washington. Afghan President Hamid Karzai started the day on a solemn note, acknowledging Secretary of State Hillary Rodham Clinton's expressions of regret for the deaths of dozens of Afghan civilians killed during Monday's battle...

For seven years I have remained silent about the false claims magnifying the effectiveness of the so-called enhanced interrogation techniques like waterboarding. I have spoken only in closed government hearings, as these matters were classified. But the release last week of four Justice Department memos on interrogations allows me to shed light on the story, and on some of the lessons to be learned. One of the most striking parts of the memos is the false premises on which they are based. The first, dated August 2002, grants authorization to use harsh interrogation techniques on a high-ranking terrorist, Abu Zubaydah,...