Wednesday, November 25, 2009

Opinion

Is Bankruptcy the Best Option for the Auto Industry? Will Hillary Clinton Be a Team Player? And Joe Lieberman Keeps His Chairmanship

Posted November 18, 2008

Our daily look at stories and topics that are lighting up the Internets:

Bankruptcy or Bust

In the Washington Post today, Harvard economist Martin Feldstein explains why the solution for the auto industry is to file for bankruptcy. A Commentary magazine blogger agrees that bankruptcy might be the "easiest course" and the best option, both fiscally and politically, for the Obama administration. Liberal bloggers contend that consumers won't buy from an automaker in bankruptcy and that neither bankruptcy nor a blank check is the solution. A RedState blogger discusses the future of GM and what bankruptcy would do for the company.

Can Hillary Be Trusted on the Obamaland Team?

Conservative bloggers happily report that the notion of Hillary Clinton as secretary of state is "roiling Obamaland," but Greg Sargent at TPM thinks people in Obamaland view her as "enough of a genuine team player." Conservatives also say Obama should be "wary" of Clinton as she could undermine him to further her own goals, but Political Animal agrees with Sargent and says of Clinton, "Of course she's a team player." A RedState blogger wants to know why Clinton deserves the post.

Dems and Lieberman Kiss and Make Up

The Senate Democratic caucus meeting today went as expected—Joe Lieberman was not stripped of his chairmanship of the Homeland Security and Governmental Affairs Committee, losing only his position on the Environmental and Public Works Committee (which isn't much of loss, according to Political Animal). Liberal bloggers, as expected, can't believe that Lieberman got away with his "offensive conduct" and think the caucus will regret it. Chris Cillizza at The Fix explains how Lieberman managed to get off scot-free. TPM has post-vote quotes from Howard Dean and details on how the senators voted. Our Robert Schlesinger, writing on the Thomas Jefferson Street blog, wonders what the Democrats will do to Lieberman when no one is paying attention.

—Gretchen Hannes

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