President Bush “will give his first post-presidency U.S. speech in Erie, Pa., on June 17 to the Manufacturer & Business Association, which serves companies in Pennsylvania, Ohio and New York.” Bush’s first speech will be March 17 in Calgary, Canada. “No one wants [President ...

Nobel-prize-winning economist Paul Krugman worries that “the White House has decided to muddle through on the financial front, relying on economic recovery to rescue the banks rather than the other way around.” “Sooner or later, the administration will realize that more must be don...

Last night the federal government agreed to provide an additional $30 billion in taxpayer money to the American International Group. AIG is expected to report a $62 billion loss today, the biggest quarterly loss of any company in history. The U.S. government already owns 80 percent of AIG’s ho...

Writing in Time, Sen. Patrick Leahy (D-VT) lays out “the case for a truth commission.� “People would be invited to come forward and share their knowledge and experiences, not for purposes of constructing criminal indictments but to assemble the facts,� he writes. “If needed, such a process...

Dick Cheney was “furious” up until the end at President Bush’s refusal to pardon Scooter Libby. “He went to the mat and came back and back and back at Bush,” a “Cheney defender” said. “He was still trying the day before Obama was sworn in.” Today...

Defense Secretary Robert Gates said he was ordering a review of the ban on media photographs of flag-draped coffins of U.S. soldiers returning to Dover Air Force base. “[T]he more honor we can accord these fallen heroes, the better,” Gates said yesterday. “I think that looking at i...

President Obama said last night that he had “screwed up” with his nominees who withdrew over tax issues yesterday. “I’ve got to own up to my mistake, which is that ultimately it’s important for this administration to send a message that there aren’t two sets of rules,” said...

Washington, DC’s only progressive talk radio station is going out of business. OBAMA 1260 — which features syndicated hosts such as Ed Schultz, Stephanie Miller, and Bill Press — will be switching to financial news starting next week. The program director said he “thought the...

Today, New York Gov. David Paterson (D) will reportedly announce that he has chosen Rep. Kirsten Gillibrand (D) to fill Secretary of State Hillary Clinton’s vacant Senate seat. A congresswoman from upstate New York, Gillibrand “is known for bold political moves and centrist policy positions....

President Obama “instructed military prosecutors late Tuesday to seek a 120-day suspension of legal proceedings involving detainees” at Guantanamo Bay. The motion called for the suspension so that the Obama administration can “review the military commissions process, generally, and...