Bob Woodward's been banging the tables of various talk shows for weeks, making the same fairly banal point: The White House proposed sequestration as part of a package to raise the debt limit in 2011. Watching Woodward in action has been disconcerting for the many reporters who covered the story in real time. Did the White House float sequestration as a "trigger" to force a better, later deal from Congress? Yes. Would this have ever become an issue if Republicans hadn't chosen to hogtie the debt limit and hold a sixgun to its head for six months? No. So who cares?Banal, like I said, until Woodward's Friday Washington Post column on the topic. The Post blasted this out to its news alert list with the subject "EXCLUSIVE: Obama Misled; He and Jack Lew Planted Seeds For Disastrous Sequester." That cranked it up from banal to outright strange. First, Woodward's been talking about Obama's slippery denial of ownership of sequestration all year. Second, as Brian Beutler points out, Woodward himself gets the point of sequestration totally wrong. Here's Woodward.......http://www.slate.com/blogs/weigel/2013/02/23/how_bob_woodwar...
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra