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Frank, Moses, Fannie and Connecticut's Congressmen

In the wake of the collapse of Fannie Mae and Freddy Mac, not to mention derivate failures such as Wall Street and Main Street, the conflict of interest prize of the decade must go to New York US Rep. Barney Frank. “It’s absolutely a conflict,” said Dan Gainor, vice president of the Business & Media Institute. “He was voting on Fannie Mae at a time when he was involved with a Fannie Mae executive. How is that not germane?” The Fannie Mae executive was Frank’s domestic partner Herb Moses. Frank met Moses in 1987, the year Frank uncloseted himself as a gay, and the two lived together in a Washington home until they broke up in 1998. Moses was not without a sense of humor. In 1991 he wrote in the Washington Post, “I am the only member of the congressional gay spouse caucus. On Capitol Hill, Barney always introduces me as his lover.” Both Frank and Moses assured the Wall Street Journal in 1992 that there was no funny business going on, conflict of interest wise, but skeptics were doub...

The Times on Barack Obama

Gerard Baker of the Times – No,no, not the New York Times, but the Times of London – weighs in on Barack Obama and the eternal question: Have we become France? “There is a caste of left-wing Americans who wish essentially and in all honesty that their country was much more like France. They wish it had much higher levels of taxation and government intervention, that it had much higher levels of welfare, that it did not have such a “militaristic” approach to foreign policy. Above all, that its national goals were dictated, not by the dreadful halfwits who inhabit godforsaken places like Kansas and Mississippi, but by the counsels of the United Nations. “Though Mr Obama has done a good job, as all recent serious Democrats have done, of emphasizing his belief in American virtues, his record and his programme suggest he is firmly in line with this wing of his party… "He wants to tax the rich more to pay for [the programs he favors]. He is against companies using the opportunities of f...

The Democrat Plans in Iraq

Jason Horowitz asks in the New York Observer what do the Democrats propose to do in Iraq now that they have seized effective control of the legislature? Some of the answers are surprising “It’s a very different calculus, meanwhile, for those Democrats harboring hopes of capturing the White House in 2008. As the killing in Baghdad intensifies—and almost everyone believes that it will continue to do so—some potential candidates are trying to articulate coherent positions now. They understand that this issue isn’t simply going to disappear in the next two years, and they argue that opposition alone doesn’t constitute a credible foreign-policy position. “‘The question is, are you just going to fold up and leave regardless of the situation on the ground, or can you, through diplomacy, try and craft a more favorable exit?’ said Gen. Wesley Clark, one likely Presidential nominee. ‘My argument is that you can.’ “General Clark has a unique perspective among prospective candidates. He acted a...

What Now in Iraq?

There are two kinds of realists, Christopher Hitchens reminds us in a suburb analytical piece printed in Slate magazine, an on-line publication: real realists and fake realists. “Many people write as if the sectarian warfare in Iraq was caused by coalition intervention. But it is surely obvious that the struggle for mastery has been going on for some time and was only masked by the apparently iron unity imposed under Baathist rule. That rule was itself the dictatorship of a tribal Tikriti minority of the Sunni minority and constituted a veneer over the divisions beneath, as well as an incitement to their perpetuation. The Kurds had already withdrawn themselves from this divide-and-rule system by the time the coalition forces arrived, while Shiite grievances against the state were decades old and had been hugely intensified by Saddam's cruelty. Nothing was going to stop their explosion, and if Saddam Hussein's regime had been permitted to run its course and to devolve (if one ca...