Pelosi's brutal reality check  —  Asked this weekend to grade her performance as speaker, Nancy Pelosi gave herself an “A for effort.”  —  But Pelosi knows that the real test is still to come.  —  Pelosi is inarguably one of the strongest speakers in modern history …

Halter declares against Lincoln  —  Arkansas Lt. Gov. Bill Halter is moving ahead with a primary challenge to Sen. Blanche Lincoln, he announced Monday.  —  “Washington is broken,” Halter said in a video on his campaign website.  “Bailing out Wall Street with no strings attached …

Network News at a Crossroads  —  ABC News is making no secret about what is behind the sweeping staff cuts it now faces: raw survival instinct.  —  “I just looked out at the next five years and was concerned that we could not sustain doing what we were doing,” said David Westin …

Financial Reform Endgame  —  So here's the situation.  We've been through the second-worst financial crisis in the history of the world, and we've barely begun to recover: 29 million Americans either can't find jobs or can't find full-time work.  Yet all momentum for serious banking reform has been lost.

Public Option Garners Avalanche of Support in Senate  —  In the wake of last week's “bipartisan summit” — which proved that no Republicans in Congress will vote for health care reform — an avalanche of Democratic senators are announcing today that they will vote YES for the public health insurance option …

Buffett would scrap health bill  —  Billionaire investor Warren Buffett advised President Barack Obama on Monday to scrap the health care bill and start over.  —  In an interview with CNBC, Buffett said the current bill does not focus on controlling costs, which he sees as the central problem …

White House Is Rethinking Nuclear Policy  —  WASHINGTON — As President Obama begins making final decisions on a broad new nuclear strategy for the United States, senior aides say he will permanently reduce America's arsenal by thousands of weapons.  But the administration has rejected proposals …

Doctors tell Barack Obama to quit smoking  —  The american president has been trying to kick the habit for sometime, apart from the smoking he is in excellent health  —  Barack Obama is still struggling to kick smoking, according to his first medical examination since becoming president.

For immediate release  —  Donald L. Kohn submitted his intent to resign Monday as a member of the Board of Governors of the Federal Reserve System, effective at the expiration of his term as Vice Chairman on June 23, 2010.  —  Kohn, who has been a member of the Board since August 2002 …

As Foreclosures Continue ...  President Obama went to Henderson, Nev., the other day to show Americans that he was responding to the cries for help from struggling homeowners (and maybe give a boost to Senator Harry Reid's re-election).  He announced a $1.5 billion effort to prevent foreclosures …

A reconciliation primer  —  It is amazing how few reporters understand what the budget reconciliation process is: Either how it works, or what it's traditionally been used for, or what Democrats are proposing to use it for.  That confusion creates comical exchanges like this one …

Chile reels in aftermath of quake, emergency workers provide aid  —  SANTIAGO, CHILE — After experiencing one of the most powerful earthquakes to strike the earth in more than a century, Chileans accelerated their rescue, aid and security efforts in damaged regions Sunday but also took pride …

Are Democratic Presidents Smarter Than Republican Presidents?  —  Watching President Barack Obama at the White House health care summit last week, it was hard not to have an obvious thought: Could George W. Bush have done this?  It is tough to imagine Bush leading a seven-hour gabfest …

WHEN THE GOP GIVES DEMS ADVICE.... One of the more commonly heard Republican talking points lately has been advice to the Democratic majority: if health care reform passes, and the majority delivers a historic victory, it will be awful news for Democratic candidates.

Tea Party prominent: Palin not presidential  —  Former Republican congressman Tom Tancredo was the opening speaker at the recent Tea Party conference with Sarah Palin.  In an interview with NRC Handelsblad, he spoke his mind about Palin.  “I really don't have this feeling about her as being presidential.”

IPCC “science” on hurricanes no longer settled, either  —  In the aftermath of Hurricanes Katrina and Rita in 2005, anthropogenic global warming (AGW) activists insisted that the stronger storm systems resulted from the build-up of carbon dioxide in the atmosphere, making hurricanes increasingly more severe.