Welcome to the Reading Room

Here are some news stories and articles which might be of interest to you. I've posted the opening section, and if you want to read more, you can click on "Read the whole article" to go to the original item. You'll find a variety of things here -- current news, political analysis, opinion pieces, articles about religion -- things I've happened to read and want to share with you. It's your Reading Room, so take your time. Browse. You're certain to find something you'll want to read.

Tuesday, September 29, 2009

Obama's Too-Big-to-Fail Plan Is Too Dumb to Pass

The administration's financial reform proposal is back in the news after Treasury Secretary Timothy Geithner's testimony on Capitol Hill last week. A closer look at Geithner's proposal and the perspective of Barney Fran's amended plan reveals how inept Obama's economic policy has become.

by Kevin A. Hassett

Treasury Secretary Timothy Geithner's appearance in Congress last week to explain how President Barack Obama would overhaul financial regulation elicited the most striking sign yet that the wheels have come off the administration's economic-policy team.

The White House had proposed, and Geithner was ready to defend, such a radical expansion of government power that even Barney Frank, the ultra-liberal congressman from Massachusetts, felt compelled to object that it went too far.

When Barney Frank thinks that you are too liberal, you better check your medications...

Read the whole article.

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Fr. Phillips is the founding pastor of Our Lady of the Atonement Catholic Church, the first Anglican Use parish, established on August 15, 1983. Not that there is any confusion, but he is on the left, shown in his younger, less gray-headed days.