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☆ Opinion: We could be witnessing the Republican Party break apart in real time
▼ + stars: | 2023-10-23 | by ( Thomas Balcerski | ) edition.cnn.com time to read: +7 min

Historically, political realignment has occurred when groups of voters change their affiliation to a new political party or candidate, especially around presidential and midterm elections. Yet the period between 1852 and 1860 is crucial here, for it saw the last time a major political party collapsed (the Whig Party in 1854) and the dissolution of another political party (the Democratic Party in 1860). The 1924 Democratic Party famously went through 103 ballots before agreeing on a compromise candidate, John W. Davis of West Virginia. Of course, party realignment is a tricky thing since we only come to know that it has happened in hindsight. A failure to reach a majority consensus signals the doom of an American political party.

Persons: Thomas Balcerski, James Buchanan, William Rufus King ”, Hakeem Jeffries, Patrick McHenry, let’s, V.O, Abraham Lincoln’s, Franklin D, Thomas Jefferson, John Adams, Andrew Jackson, Daniel Webster, Henry Clay, Lincoln, William Henry Seward, William L, Yancey, Stephen Douglas of, John C, Breckinridge, Theodore Roosevelt, Moose, Republican William Howard Taft, Woodrow Wilson, John W, Davis of, Hubert H, Humphrey, Republican Richard Nixon, “ Organizations: Eastern Connecticut State University, Oxford University Press, CNN, Republican Party, Democratic Party, Whig Party, Whigs, Republican Party . Southern Whigs, American Party, Democrats, Whig, Union, Democratic, Southern, Lincoln, splintering, Republican, GOP Locations: United States, Northern, Southern, Kansas, Nebraska, Charleston , South Carolina, Alabama, Baltimore, Stephen Douglas of Illinois, Kentucky, Davis of West Virginia, Vietnam, American

☆ See inside the lavish reception rooms at the US State Department
▼ + stars: | 2023-09-26 | by ( Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +13 min

"America's Collection: The Art and Architecture of the Diplomatic Reception Rooms at the US Department of State." Durston Saylor/Courtesy Rizzoli The Thomas Jefferson State Reception Room. Durston Saylor/Courtesy Rizzoli The James Monroe State Reception Room, which was designed by Walter M. Macomber. Durston Saylor/Courtesy Rizzoli The James Monroe State Reception Room. Durston Saylor/Courtesy Rizzoli The design of diplomacy: See inside the lavish reception rooms at the US State Department Prev NextRooms that take you back in time“America’s Collection” gives those without diplomatic credentials a chance to experience that moment.

Persons: Harry S, John Kerry, Obama, Kerry, Truman, Oz, Durston Saylor, Benjamin Franklin, John Blatteau, Thomas Jefferson, James Monroe, Walter M, John Quincy Adams, Childe Hassam, Edmund C, Martin Van Buren, Henry Clay, George Washington, , Francis Scott Key, Paul Revere, John Adams, Clement Conger, Edward Vason Jones, Benjamin West's, John Jay, Henry Laurens, William Temple Franklin, Bruce M, Jones, King George III, Mark Alan Hewitt, Adams, Louisa Catherine, Martha Washington, Alexandra Kirtley, ” Kirtley, Kirtley, ”, Betsy Kornhauser, Kornhauser, “, Joshua Shaw, Thomas Cole, Cole, Virginia Hart, ” —, Walter Thurston Gentlemen's, we’re, ” Hart Organizations: DC CNN, US, Truman, US Department of State, State Department, Benjamin, Thomas, James, James Madison, Henry, American, Department, Powel, York’s Metropolitan Museum of Art, Winterthur Museum, Library, Philadelphia Museum of Art, CNN, Metropolitan Museum of Art, River School, “, ”, Department of State, Rizzoli Electa Locations: Washington, United States, Virginia, Mount Vernon, Paris, Great Britain, Philadelphia, British, Delaware, China, American, Europe

☆ Interest rates have broken the global wealth pump
▼ + stars: | 2023-06-23 | by ( Edward Chancellor | ) www.reuters.com time to read: +7 min

Rising inflation and higher interest rates would appear to make matters even worse. In the United States, immigration and the offshoring of manufacturing has undercut the power of labour. Ultra-low interest rates proved the greatest wealth pump ever devised, loading the dice in favour of the financial elite. Since the turn of the century, when the Federal Reserve under Alan Greenspan reduced interest rates to a new post-war low, wealth has consistently grown faster than GDP. That’s where higher interest rates come in.

Persons: Leonard Cohen, Peter Turchin, “ cliodynamics ”, Clio, Turchin, Hong Xiuquan, Andrew Carnegie, Henry Clay Frick, ”, Donald Trump, ” Turchin, Alan Greenspan, Peter Thal Larsen, Oliver Taslic Organizations: Reuters, Times, Elites, Steel, Reuters Graphics Reuters, Wall Street, Federal Reserve, McKinsey Global Institute, McKinsey, Thomson Locations: United States, France, China, Taiping, Japan

☆ McConnell says he's 'got better things to do with my time' than pay attention to Trump criticizing him
▼ + stars: | 2023-01-17 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +3 min

"I've got better things to do with my time," McConnell told a local radio station. "I've got better things to do with my time," McConnell told Kentucky local news radio 840 WHAS, according to Punchbowl News' Andrew Desiderio. Trump recently decried McConnell over his support for a bill that would keep the government funded through September. "Actually, it's quite an honor," McConnell once said of Trump's "Old Crow" insult. McConnell on Tuesday told the local radio station, "I hope we nominate someone who can win."

Senate and House leadership from both parties manned the phones, contacting local, state and federal authorities to call up the National Guard, D.C. police and other security forces to secure the Capitol. These bipartisan efforts were led by House Speaker Nancy Pelosi, who showed remarkable composure and leadership in the face of physical danger. She is also one of the most effective speakers in history, and she does it while battling the double standards that apply to powerful women. Days after the Senate passed the Inflation Reduction Act, Pelosi’s caucus in the House passed the bill without a single Democratic defection. As Pelosi established a new vision for House leadership, she did so with careful attention to detail.

☆ Trump support for Jan. 6 rioters is bad. But another former president was worse.
▼ + stars: | 2022-09-28 | by ( Steven Lubet | Steven Lubet Is The Williams Memorial Professor At The Northwestern University Pritzker School Of Law. His Most Recent Book Is | The Trials Of Rasmea Odeh | ) www.nbcnews.com time to read: +7 min

He likely has encouraged future insurrections by vowing to pardon the rioters who sacked the Capitol on Jan. 6, 2021. During Tyler’s presidency, the Whigs actually expelled him from the party when he violated Whig principles. Tyler, like Trump, was a somewhat unexpected president who didn’t originally belong to the party that elected him. But Harrison died one month after his inauguration, making Tyler the first vice president to succeed to the presidency. Like Trump, Tyler had little respect for the party establishment that put him in power.

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