The Wall Street Journal states the bloody obvious:

According to recent Gallup polls, the president’s average approval rating is below 30% — down from his 90% approval in the wake of 9/11. Mr. Bush has endured relentless attacks from the left while facing abandonment from the right.

This is the price Mr. Bush is paying for trying to work with both Democrats and Republicans. During his 2004 victory speech, the president reached out to voters who supported his opponent, John Kerry, and said, “Today, I want to speak to every person who voted for my opponent. To make this nation stronger and better, I will need your support, and I will work to earn it. I will do all I can do to deserve your trust.”

Those bipartisan efforts have been met with crushing resistance from both political parties.

Rejected from the Democrats because that’s what the Democrats do. Reach out to them, they’ll break your arm… as Bush Sr found out. Remember[...]

If you’ve not read Daniel Henninger’s column in the October 2, 2008 edition of The Wall Street Journal, I encourage you to.  In this column, Mr. Henninger defines the term “moral hazard”, particularly as it relates to Wall Street, Fannie Mae and Freddie Mac, and Congress.  He writes:
Borrowers across America took a dive for low- [...]

In an interview on CNBC television today, Warren Buffett disclosed that he wants to pursue buying some of AIG’s units.  This could reduce the impact of the AIG bailout on taxpayers since Berkshire Hathaway can help shore up some of the weaknesses in AIG as those units are integrated into Buffett’s empire.  According to Reuters:
Buffett said he [...]

Today US Treasury Secretary Henry Paulson announced plans for the new Federal Housing Finance Agency (FHFA) to take Freddie Mac and Fannie Mae into conservatorship.   The power to do this was provided in HR 3221 which was passed in July.
The move includes replacement of the CEO of both organizations, and an infusion of about $200 [...]

Democrats for decades have been struggling with the inner turmoil of diverse political positions which have kept their party from setting a course that all Democrats can get behind.  And this partly why that party has bled so many conservative Democrats to vote for Republican Presidents.
Obama has succeeded in achieving the role of presumptive Democratic [...]

In this weekend’s Wall Street Journal, there is a report of an investment made by Nancy Pelosi and her husband.
They put somewhere between $50,000 and $100,000 into T. Boone Picken’s company, Clean Energy Fuels Corp.
At first blush, the relatively small amount (compared to millions of dollars in assets held by the Pelosis) would make most [...]

By now you probably know that both Freddie Mac and Fannie Mae have had very poor quarterly reports.  Worse than expected.  And now we’re in for worse trouble.
Money is now expected to be tighter as we roll into the fall and home buying will continue to be slow due to the fact rates will be [...]

I don’t always like some of the things that Steve King says (I think he may have good motives, but perhaps suffers from Bushitis), but I was glad to see he was still in Washington DC along with a number of other House Republicans to continue protesting the No Vote Vacation.  Here are King’s comments [...]

Encouraging news in an opinion piece from the Wall Street Journal by Pat Toomey(former member of the US House and President of the Club for Growth) today.  A recent survey concludes that most voters would favor a congressional candidate that cuts spending over one that increases spending, even if it means no pork for their district. 
Some of [...]

More like “Over A Barrel”.  But now that we’ve taken the first step toward off-shore drilling in the US, the impact is already seen.  Because it’s really not about supply-side economics as much as perceived supply-side economics.  And now the perception is that the supply won’t be in a strangle hold any longer.
President Bush takes [...]