This weekend Treasury Secretary Henry Paulson announced that mortgage giants Freddie Mac and Fannie Mae will be placed in a government conservatorship that closely resembles a bankruptcy reorganization. The move puts U.S. taxpayers on the hook for $5.4 trillion in outstanding mortgage debt and commits the government to provide as …
If Rick Warren hoped to spark more light than heat at the presidential forum he conducted Saturday evening at his California megachurch, then he succeeded. Americans already had seen “firsts” during the primary season’s flood of debates. The news media chased buzz and ratings by allowing voters to ask candidates …
Tomorrow, Rick Warren, author of the 2002 best-seller “The Purpose Driven Life,” will host John McCain and Barack Obama at his 22,000-member Saddleback Church in Orange County, Calif., where he will question them on matters of concern to evangelical Christians, including poverty, the environment, human rights and AIDS. The standard …
The Olympic Games got off to a solemn start last Saturday after a member of the U.S. men’s volleyball team lost a relative who was fatally stabbed while touring Beijing. Compounding the tragedy, the U.S. team had to scramble to obtain official Chinese permission to bring an English-fluent chaplain to …
Last week I ran though Senator Barack Obama’s “New Energy for America” plan. (You can find his plan here and my analysis here.) Now it’s the other presidential hopeful’s turn. Senator McCain’s energy plan, called The Lexington Project – “named for the town where Americans asserted their independence once before,” …
John McCain delivered his energy and climate speech this afternoon in Houston, and he rightly espoused policies to commence offshore drilling and significantly expand domestic nuclear capacity. As he stressed the difficulty of addressing climate change, he made a compelling case for building new commercial nuclear plants: In Europe and …
Yesterday, the New York Times shamelessly politicized Memorial Day by publishing an editorial attacking President Bush and Sen. John McCain for not supporting Sen. Jim Webb’s (D-Va.) “Post-9/11 Veterans Educational Assistance Act.” The New York Times is free to criticize the president as much as it wants (we sure do) …
