The Left sputters, while the Tea Parties surge.
The Republican presidential nominee, an Arizona senator, was a maverick, which was part of his charm. He spoke and acted impulsively, which was part of his problem. Voters thought his entertaining dimensions might be incompatible with presidential responsibilities. For example, he selected a running mate most Americans had never heard of and who had negligible […]
The White House said yesterday it has damped down a political revolt against Ben Bernanke and now has the votes to secure the Federal Reserve Chairman’s second four-year term. Whether or not Mr. Bernanke is confirmed, the lesson we draw is that overly political central bankers will eventually be undone by politics. There’s no doubt […]