FUBAR

Europe gets a taste of financial distress

The Europeans watched bemusedly while the storms swept through the U.S. financial markets and the supposedly laissez faire Bush administration pleaded with Congress for a $700 billion government intervention in the marketplace.

Giving the FBI a license to snoop

This is a cautionary tale.

In 1947, Gen. William "Wild Bill" Donovan proposed a new agency for gathering intelligence to replace the Office of Strategic Services OSS that he had headed so successfully in helping win World War II. The legendary spymaster would have been the logical choice to lead an effort that would be at the forefront of the fight against communism throughout the Cold War.

A campus culture of secrecy

For many major universities, their sports teams, especially their football and basketball teams, give them their proud persona. The teams and their star players are virtually worshipped.

But while sports bring schools fame, glamour and money, the value placed on sports often produces scandal and potential scandal, corruption, abuse and a culture of secrecy. Presidents, governing boards, coaches and university-friendly lawyers will go to great lengths to play down scandal, especially sexual assault, and hide it altogether.

Time for a Plan B?

Health and Human Services Secretary Mike Leavitt made headlines — and got kudos — for his department’s proposal Wednesday to use postal workers to distribute protective antibiotics to individual households in the event of an anthrax attack.

A dry run in Philadelphia convinced officials that the concept could work. In that test, 50 mail carriers reached 55,000 households in less than eight hours, a level of penetration deemed successful.

A lesson from the depression

Endlessly, to some degree dangerously, commentators keep comparing the nation’s present financial mess to the Great Depression, an assessment amiss in many ways but correct in at least one.

In both instances, it was largely government flubs prompting market malfunctions that sought out shoved calamity the public’s way, and that’s worth thinking about even if some are now saying we should fix the future instead of dwelling on what got us here.

Main Street needs to support bailout

To all you "Main Streeters" who protested the federal bailout plan for its lack of accountability and socialization of losses, I have a message for you. I feel your pain, I share your pain, but things are only going to get worse if Americans don’t come together and tell their members of Congress to vote for it.

Stifling freedom…Arab style

Not since the Nazi book burnings of the 1930s has free speech been as endangered as it is today. Firebombing publishers, murdering filmmakers, issuing death threats against writers and cartoonists, suing researchers, restricting freedom of expression through the U.N. — these are some of the ways militant Islamists, their enablers and apologists, are seeking to silence their critics.

Intimidation is another. It operates on campuses and within the Foreign Policy Establishment. A recent experience may be instructive.

Take my daughter’s hand…please!

We interrupt this global financial crisis for a news bulletin that is more important, at least to me: My daughter is getting married.

Longtime readers of my work — and let me just say that counseling is available — will recall me writing about Allison Henry over the years: How when she was born she opened one little eye and saw me for the first time, then closed it, thinking perhaps there had been some mistake.

On second thought…

The shifting tide of public anger may yet save the controversial $700 billion financial bailout passage.

When the House of Representative overwhemlingly rejected President Bush’s package Monday, some felt it was a Congressional caving to anger back home at the use of taxpayer dollars to save big financial firms.

But as the reality of Monday’s action sank in, public reaction shifted and reluctant Representives now appear ready to take action, any action, to calm the situation.

Repudiating George W. Bush

We may have witnessed the final implosion of the Bush administration with the rejection of the president’s $700 billion bailout package.

Repudiation doesn’t come much stronger than having 133 House Republicans ignore President Bush’s plea that "our entire economy is in danger" if the bailout didn’t pass. Brushing aside also the pleas of the administration’s two top economic spokesmen, Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke, the Republicans provided the bulk of the 228 "no" votes.