Friday, August 12, 2011

A new face, an old face

Enter Rick Perry, Formidable Fund-Raiser - The Texas governor has a vast network of wealthy supporters eager to bankroll his presidential ambitions - In exchange for?


G.O.P. on Defensive as analysts question Party’s fiscal policy: They just figured this out? The boasts of Congressional Republicans about their cost-cutting victories are ringing hollow to some well-known economists, financial analysts and corporate leaders, including some Republicans, who are expressing increasing alarm over Washington’s new austerity. Bachman, for example, continues to insist on her fictitious and offbase ideas, including using the tactic of bringing the country to default on its debts and obligations as a negotiating tactic. These critics include onetime standard-bearers of Republican economic philosophy like Martin Feldstein, an adviser to President Ronald Reagan, and Henry M. Paulson Jr., Treasury secretary to President George W. Bush, underscoring the deepening divide between party establishment figures and the Tea Party-inspired Republicans in Congress and running for the White House.

Debate Showed Why Americans Hate Government

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