Archive for the 'politics' Tag

Given the steady and increasingly louder drumbeat of news about the debt ceiling — this morning brings the news that President Obama might summon key members of Congress to Camp David, where such weighty issues as peace in the Middle East have been hammered out — and the need to increase the debt ceiling to [...]

All eyes in official Washington are on the debt ceiling, that self-imposed borrowing limit that was technically reached on Monday. By temporarily halting federal retirement-fund investments, the day of reckoning — that is, absent an increase in the limit, the day the federal government would have to decide whether to default on its debt or [...]

Cathie Black, the former chairman of Hearst Magazines, isn’t known for being sensitive. After New York Mayor Michael Bloomberg got some flak for appointing her as New York City’s next school chancellor, she made even more enemies by (jokingly) telling concerned parents gathered at a meeting that the best way to solve overcrowding problems at [...]

In 2007, when then-Gov. Jon Corzine announced that his new chief of staff would be Bradley I. Abelow, The New York Times reported that he was “reluctant” to take the job. Now, Abelow’s on-again, off-again boss is giving him plenty of reasons to make the same decision a little more eagerly. Yesterday, MF Global Holdings [...]