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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: James Baker

James Baker stories: 4 news summaries

Wiretapping Memos Drafted in 'Inappropriate' Secrecy: Report

Only 3 Justice officials knew of program

(Newser) - The legal justification for the Bush administration’s warrantless wiretapping program was handled with unprecedented secrecy that sidestepped usual Justice Department procedure, the Washington Post reports. Only three Justice officials—John Ashcroft, John Yoo, and staff attorney James Baker—were made aware of the program and participated in drafting memos... More »

OPINION

US Risks 'Lost Decade' With Zombie Banks

Japan's mistake of liquidity vs. solvency being repeated: Baker

(Newser) - Japan’s economic troubles in the 1990s—the so-called “lost decade”—provides a cautionary tale for America’s current problems, writes James Baker, a Reagan Treasury Secretary, in the Financial Times. Japan used piecemeal bailouts and implicit guarantees to insolvent banks rather than swift action. So the “... More »

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finance financial markets credit crisis FDIC James Baker financial crisis recession depression

 Powell Sticks to 
 Fence in Prez Race 

Former secretary of state still undecided

(Newser) - Colin Powell has yet to make up his mind which way he'll vote in November, MSNBC reports. Speaking at a forum with four other former secretaries of state yesterday, the Republican said he would let neither his quarter-century friendship with John McCain—nor the "electrifying" prospect of the first... More »

OPINION

War Power Must Be Jointly Held

Ex-State chiefs propose bill requiring Congress, prez to have defined, cooperative roles

(Newser) - Calling the current system “ineffective at best and unconstitutional at worst,” two former Secretaries of State propose a sweeping update of law governing powers to declare war—whereby the president would be required to seek permission from Congress for “significant armed conflict” (lasting more than a week).... More »

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Congress president war powers military force James Baker Warren Christopher War Powers Act

4 Stories