Interesting Takes From Home And Abroad:
Cash for Clunkers Means ‘Ca-Ching’ for Detroit By Froma Harrop, Providence Journal
This is what I told my friend Frank: Under the "cash for clunkers" program, you could get more money for your ‘93 Mercury Grand Marquis than it was worth — up to $4,500 if you used it to buy a new vehicle with much better gas mileage.
5 reasons why Obama will hike middle-class taxes By James Pethokoukis, Reuters
C’mon, how about some Walter Mondalesque candor from the Obama White House on taxes? Yes, yes, it was 25 years ago this summer that the Democratic presidential candidate self-immolated on the issue at his party’s convention in San Francisco.
U.S. Psyche Bedevils Health Effort By Gerald Seib, The Wall Street Journal
I hate the health-care system — but don’t you dare mess with it. That’s a pretty apt summary of the American mind-set about health care — and not just now, but for decades. Something about health care calls forth from the national psyche a deep, almost inexplicable schizophrenia, as the latest, delayed effort to "reform" health care is showing President Barack Obama and the rest of Washington.
Why Revive the Cold War? By Douglas Feith and Abram Shulsky, The Wall Street Journal
The Cold War ended nearly 20 years ago. Isn’t it time we abandoned policies specifically designed to deal with it? Arms-control talks are a case in point. Why should U.S. officials act as if only a Cold War-style treaty can save the United States and Russia from a destabilizing nuclear arms race?