Gil Kerlikowske: Obama’s New Drug Czar

President Obama’s choice to head the Office of National Drug Control Policy — otherwise known as the country’s “Drug Czar” — is Seattle Police Chief Gil Kerlikowske. Having served in law enforcement for more than 30 years, Kerlikowske is known as an innovator and fierce defender of community policing principles that emphasize relationships with citizens over force. He’s clashed with city councils over his leadership style, but he’s also built a national reputation while working as a police chief all over the country

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Obama’s FDA Pick: Margaret Hamburg

At least eight people have died from eating tainted peanut products in recent months, and the Food and Drug Administration has absorbed much of the blame. It is the latest in a series of black eyes for the FDA over unsafe foods, dangerous medicines such as Vioxx and allegedly cozy ties with the pharmaceutical industry it regulates

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Obama’s Reform Agenda: Is He Trying to Do Too Much?

On the best of days, Washington and Wall Street are as antsy as a boy who plants an acorn and then starts talking about climbing the tree. And these are not the best of days. Under the stress of a global financial disaster and juiced up on the amphetamine of 24-hour cable chatter, America’s axis of money and influence is jittery and nervous and primed for panic

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Will a Mark-to-Market Fix Help Save the Banks?

To fix the banks, Washington needs to get toxic assets off their balance sheets. That’s easily said but not so easily done. One reason is an obscure accounting rule that is the subject of intense lobbying by representatives of the banking industry ahead of congressional hearings on Thursday on the matter

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Japan: GDP shrinks 12.1 percent in fourth quarter

Japan’s economy shrank more than 12 percent last quarter, the government said on Thursday, in another sign of how severely the global economic downturn has affected the world’s second-largest economy. “It has been a core belief of ours that every nation must not only live by, but help shape global rules that will determine whether people enjoy the right to live freely and participate to the fullest in their societies,” she said after a meeting with Chinese Foreign Minister Yang Jiechi, adding the United States itself “must continually strive to live up to our own ideals.” Both of them discussed China’s human rights record and situation in Tibet on the 50th anniversary of Tibet’s national uprising

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Can Obama Keep Moderate Democrats from Bailing on His Budget?

First there was last winter’s $168 billion economic stimulus package, followed by a $300 billion fund in June to help distressed mortgage holders. Then came $350 billion for the banks , another $350 billion for the banks, $787 billion in economic stimulus and $410 billion in an earmark-packed spending package for fiscal 2009 that Congress passed on Tuesday. Dizzy

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Obama’s honeymoon with Americans still going strong

President Obama is halfway through his first 100 days in office and he’s still enjoying a honeymoon with the American public, according to an average of recent polls. Obama’s job approval rating stands at 61 percent in a new CNN poll of polls, which averaged seven national surveys conducted over the past two weeks

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