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The Associated Press

 President Bush, surrounded by cabinet members, signs a letter sending the Colombia Free Trade Agreement to Congress.

Featured Topic | Posted 32 weeks 16 hours ago

Is free trade with Colombia in America's interest?

The United States has few friends in Latin America. But Colombia is one of those friends. The U.S. relationship with Colombia reached a perilous crossroads this week when the House of Representatives deferred a vote on a bilateral free trade agreement with the country, just two days after the White House submitted the pact for ratification.

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Ben likes: Nancy Pelosi's bad faith

Wall Street Journal

The Democratic Party's protectionist make-over was completed yesterday, when Nancy Pelosi decided to kill the Colombia free trade agreement. Her objections had nothing to do with the evidence and everything to do with politics, but this was an act of particular bad faith. It will damage the economic and security interests of the U.S. while trashing our best ally in Latin America. Even if the free trade agreement is somehow removed from cold storage, Ms. Pelosi's cheating is a first-order strategic blunder. Colombia is one of America's closest friends in a hostile region menaced by Hugo Chávez's Venezuela. For all the talk of repairing the U.S. "image" in the world, the Democrats don't really mind harming that image if it pleases the AFL-CIO.

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Joel likes: Our missing free trade strategy

Harold Meyerson/Washington Post

What's been missing in America's trade policy is a preference for Americans. The object of trade in China is to help the Chinese nation. German trade is designed to help Germany; Scandinavian, to help the Scandinavian nations. This is not the case here. General Electric goes abroad to lower costs and boost profits. Goldman Sachs invests abroad in the same kind of low-wage, high-profit enterprises. That's the mission of such businesses. But the U.S. government has never taken on the mission of defending the American economy, or the American people, in the global economy. That is not the only reason the broadly shared prosperity of the three decades following World War II is now a distant memory, but it is a certainly a major reason. In the absence of such a national economic strategy, is it any wonder that by margins of better than two to one, Americans now oppose free trade?

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Al Gore
The Associated Press

Al Gore discusses his new, $300 million climate change awareness campaign.

Featured Topic | Posted 33 weeks 3 days ago

Al Gore launches $300 million climate change campaign: Hope or hype?

At long last, Nobel Laureate, Academy Award winner and former Vice President Al Gore this week is launching his campaign...

...to push climate change higher on the nation’s political agenda. So what's new about that?

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Ben likes: Gore's global-warming alarmism is overblown

Steven F. Hayward/National Review

After a year of concentrated effort that includes a multimillion-dollar p.r. campaign on top of An Inconvenient Truth and slavish media coverage parroting the climate-alarmist line, recent polls show that public opinion on global warming has barely budged. Only about a third of Americans, according to a recent Gallup survey, are agitated about climate change, and even people who say the environment is their most important issue rank climate change behind air and water quality in importance.

Meanwhile a backlash in the scientific community has begun. New York Times veteran science reporter William Broad filed a devastating article about scientists who are “alarmed” at Gore’s alarmism; Gore’s account of global warming goes far beyond the evidence. The dissents from Gore’s extremism, Broad explained, “come not only from conservative groups and prominent skeptics of catastrophic warming, but also from rank-and-file scientists” who have “no political ax to grind.” It appears Gore refused to be interviewed directly for the article; he responded to e-mail questions only.

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Joel likes: This will mean the world to us

Chris Mooney/The American Prospect

Thanks to Al Gore and others, global warming has gone mainstream. An issue that floated around the peripheries of policy-making for far too long is now triggering unheard of levels of media attention and a rash of legislative proposals.

Even the Bush administration seems to feel the pressure. Although mixed signals continued well into 2006, it's no longer possible to argue that the president and his administration reject mainstream climate science. They've copped to the conclusion that humans are driving global warming, and so have many of the current Republican presidential candidates. Though not as gung ho as Democrats, even many mainstream Republicans see the need to address global warming, with big state governors Arnold Schwarzenegger of California and Charlie Crist of Florida leading the way on behalf of their party.

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Nancy Pelosi
The Associated Press

Won't back down?

Featured Topic | Posted 35 weeks 6 days ago

House rejects wiretap lawsuit immunity for telecom companies

The House, led by Speaker Nancy Pelosi, on Friday rejected retroactive immunity for the phone companies that took part in the National Security Agency’s program of eavesdropping without warrants, and it voted to place tighter restrictions on the government’s wiretapping powers.

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Ben likes: FISA bait and switch

Andy McCarthy/National Review

Rather than permit a vote on the Senate bill that would restore crucial overseas surveillance authority, House Democrats, along party lines, have rammed through an alternative proposal that grants new privacy rights to to terrorists overseas and preserves the multi-billion dollar lawsuits their trial lawyer pals are pursuing against the telecoms.

But the bottom line is: when the Protect America Act lapsed on February 16 due to House inaction, we lost the ability to monitor without restrictions emerging terrorist threats overseas. As National Intelligence Director Mike McConnell (a former Clinton Administration director of the NSA) has observed, we have lost intelligence. Thanks to today's action, that unacceptable situation will continue.

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Joel likes: Victory on FISA

Moira Whelan/Democracy Arsenal

The House did a great job of pushing for strong oversight, and yet, the Bush Administration continues to think that their actions should go unchecked…shocker. Many members are facing ads and criticism for their support of strong oversight of the terrorist surveillance systems. Jane Harman’s statement today is the best argument out there that Democrats are working to make America safe in the most responsible way possible, while Bush and Congressional Republicans are simply out to distort the truth:

"FISA has always provided immunity for telecom firms which act pursuant to its provisions. Telecoms seeking relief from Congress now did not comply between 2001 and 2005. Nor did the Administration. That was wrong, and they must be accountable.

Press accounts – especially Monday’s story in the Wall Street Journal – make clear that there are up to five ongoing surveillance programs. Congress is not fully informed, and it would be reckless to grant retroactive immunity without knowing the scope of programs out there."

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The Associated Press

A rare moment of bipartisanship: Everybody wants to improve the economy.

Featured Topic | Posted 43 weeks 1 day ago

Economic stimulus near. Who will be helped?

Democrats and Republicans in Washington D.C. usually take every opportunity to oppose each other. But now we're seeing a rare exception to the rule -- everybody is working together to come up with a stimulus package to get the economy going again.

Will the stimulus package -- now estimated at $145 billion -- help the people who need it most? And just how long will the bad times last?

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Ben likes: Real medicine

Investor's Business Daily

Handing out a wad of cash may not hurt, but it's no lasting cure to the economy's woes. Some principled Republicans in Congress have joined the stimulus debate with measures that go beyond feel-good fixes. The White House and congressional Republicans are clashing with the Democrats who control Congress over how to boost the economy. Along with rebate checks of $1,600 for most families proposed by the Bush administration as part of a $145 billion stimulus, Democratic leaders want food stamp relief, extended jobless benefits and social welfare spending.

Just as how and where money gets spent was of no concern to Keynes, it seems just as irrelevant in the minds of today's Democrats. The economic history of recent decades should teach us all that the private sector does not operate with such mindlessness.

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Joel likes: Desperately seeking stimulus

Barbara Ehrenreich/The Nation

Our economy--with its dizzying bubbles, wild lending sprees, reckless downsizings and planet-wide hyper-sensitivity--has gotten too far disconnected from ordinary human needs. We could take the current crisis as an opportunity to fix that, at least in part, by shoring up government support for the needy and the dislocated. Or we can wait around and watch while the appropriate imagery gets nasty, as this ghostly creature, "the economy," starts acting like a nymphomaniac junkie in withdrawal.

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