Thursday, November 26, 2009

Nation & World

Hot Docs: Investigating the Firing of U.S. Attorneys, Poll on Bailout, Campaign Whoppers

Today's selection of timely reports

Posted October 1, 2008

Investigating the Firing of Nine U.S. Attorneys: A federal investigation into the firings of nine U.S. attorneys in 2006 by the Bush administration has determined that the firings were "unsystematic and arbitrary, with little oversight by the attorney general, the deputy attorney general, or any other senior department official." Despite the fact that the Justice Department's inspector general and the Office of Professional Responsibility produced a 358-page report, they conclude that more investigation is needed because key witnesses such as Karl Rove and Harriet Miers refused to be interviewed. The report recommended that Attorney General Michael Mukasey appoint a special counsel to determine any criminality. Mukasey followed through on Monday by naming Nora Dannehy, the acting U.S. attorney in Connecticut, to continue the inquiry.

Public Uneasy About the Bailout: A poll suggests that the public was turning on the economic bailout plan even before it failed in the House on Monday. In a survey conducted in the days prior to the plan's rejection, a Pew Research Center poll found that support was dropping. Forty-five percent told pollsters that government intervention is the "right thing to do," a 12 percentage-point decline from the previous week. The Pew report notes that "anger about the rescue plan crosses party lines," with two thirds describing themselves as "angry." Even people who supported the bailout plan said that they're concerned that those responsible for the economic crisis won't be punished.

Campaign Whoppers of 2008: FactCheck.org has released a list of presidential campaign "whoppers" told by Barack Obama and John McCain. The list includes McCain's exaggerations of how many times Obama voted to raise taxes and Obama's twisting of facts on McCain's Social Security plan. Sarah Palin also receives a few mentions—particularly one about the "Bridge to Nowhere" project.

Ideas for Fixing the Financial Crisis: To begin damage control for the flailing economy, a broader policy is needed, a finance professor at Duke University proposes. Campbell Harvey believes the government has "bounced from one problem to the next" for the past 12 months. He describes the considerable faults with the Troubled Asset Relief Program and suggests a proposal that includes creating a "Bank Capitalization Fund" to "jump-start the credit process in our economy."

America's Energy Future: The U.S. Chamber of Commerce weighs in on energy with 75 policy recommendations for the next president and Congress. "The Blueprint for Securing America's Energy Future" from the Chamber's Institute for 21st Century Energy includes calling for a permanent end to the "moratorium on explorations and production of America's oil and natural gas resources," an expansion of federal loan guarantees to increase the construction of nuclear power plants, and the creation of a Clean Energy Bank of the United States to speed the commercialization of innovative technologies.

Clean Coal and Climate Change: As the world considers ways to address climate change, some have proposed "clean coal" energy as part of the solution. The Government Accountability Office releases a report outlining how this carbon capture and storage technology might work in the United States. As yet, few operators have jumped on board—right now, the technology is expensive and relatively untested on a commercial scale. Also, "regulatory and legal uncertainties" include key questions like what happens to the carbon once it's captured. The GAO recommends that the Environmental Protection Agency and the Energy Department work to remove barriers to the adoption of the technology and points out that "the absence of a national strategy to control CO2 emissions" gives industry "little incentive" to participate and slows government "agencies from resolving other important practical issues."

  • Print  |
  • Subscribe  |
  • |
  • |
  • Sphere: Related Content

Reader Comments

Bank Bailout

Forget bailing out banks that made sub-prime loans! Change the law to prohibit the sale or transfer of mortgages from one bank to another. Once the bank has their "skin in the game" for the life of the mortgage, they'll be real carefull about who and how much they loan out. That's how it worked thirty or more years ago. Failure now will pave the way for care and future success. The hard worker who pays their bills on time each month doesn't need to get stiffed again!

Add your thoughts

Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

advertisement

Crossword Puzzle

Do You Like Crosswords?

We've added a new feature to our weekly digital magazine: an exclusive crossword puzzle!

advertisement

Barack Obama

Obama's Inner Circle

Get to know close advisers, cabinet officials, and more.

Your Photos

President Barack Obama speaks about combat troop level reductions in Iraq as he addresses military personnel at Marine Corps Base Camp Lejeune.

Obama in Your Town

Has the president visited your town? Send your photos to obamaphotos@usnews.com, and we'll post our favorites online.

Courtesy Greg Meinert

Thousands cheer as Obama becomes the 44th president.

Your Inauguration Photos

Thanks for sending us such great shots from this historic event.


A baby kissing an Obama poster for Washington Whispers.

Your Campaign Photos

We asked to see your personal election pictures and you delivered.

Public Poll

Do you fear losing your job in this market?

View Results

Washington Whispers

Washington Whispers

Hillary for Vice President

The hot rumor in Washington is that the secretary of state will get a promotion.

advertisement

Put U.S. News on Your Site

Keep up with the latest headlines by adding our news widget to your website.
Get this widget ยป


Use of this Web site constitutes acceptance of our Terms and Conditions of Use and Privacy Policy.
Make USNews.com your home page.