“Game Change 2” has just been published, and horse-race junkies currently feeling the aches and fevers of election withdrawal (Virginia and New Jersey’s gubernatorial races -- much less New York’s puny mayoral race -- hardly provided a fix) are rejoicing. As well they should. “Game Change 2” -- the actual title is “Double Down: Game Change 2012” -- is a joyous romp through the seedy underbelly of presidential campaigning. It’s a cure for the off-year shakes.
Throughout the Federal Reserve’s 100-year history, the Senate has generally deferred to the president’s choice of leader for the central bank. If Larry Summers is picked for the job, however, the debate around his nomination would be unlike any that has come before.
President Barack Obama implored Americans to choose compassion over conflict in the aftermath of the mass shooting in Tucson, Arizona, that killed six people, including a 9-year-old girl, and critically wounded a member of Congress.
By this point in the economic recovery, the biggest U.S. banks had expected the pressure from regulators to abate. In the aftermath of a major financial crisis, there is usually a turn toward tighter rules, and banks naturally build up their equity buffers after near-death experiences.
Whether his recent rise in the polls is lasting or not, Newt Gingrich has already shifted Campaign 2012 for the better. The feisty former speaker of the House has reminded us through his debate performances that knowledge is an important part of a president’s work.
Republican Mitt Romney, who defended the management of his campaign even as he trails President Barack Obama in swing states, spent yesterday raising money in California, which hasn’t supported his party’s nominee in almost a quarter-century.