Arizona Sen. John McCain continues his rousing campaign tour of the swing states of NAFTA this week. He will celebrate July 3 in Mexico City after a jaunt through Colombia to pledge support for the pending free trade accord with that center of cocaine trade. He surely will increase his margin over Illinois Sen. Barack Obama among business elites in Mexico and Canada.

Ruling impeachment off the table hasn't hurt congressional Democrats politically. But the constitutional implications are far more disturbing. According to the leading case on presidential powers, if Bush's extreme assertions of power are not challenged by the Congress, they end up not simply creating new law, they could end up rewriting the Constitution itself.

America's banker isn't happy. China's leaders blame Washington's "warped conception" of market deregulation for the financial crisis that is rattling the world economy. Perfect. The Bush administration is so lame, it is getting lectures from the communist governors of China on how best to regulate the market.

The criticism of the appointment of Jason Furman as economic policy director for the Barack Obama presidential campaign reflects submerged concerns about Obama’s own posture on globalization. The real question is whether Obama understands that the current U.S. global strategy is unsustainable.

The choice before the voters on the economy became more clear this week: a "bottom-up prosperity" that puts people first or more of a worn conservative dogma that emphasizes tax breaks for the wealthy and a retreat from public investment in rebuilding the country. We haven't witnessed this clear an ideological division since the 1964 Johnson-Goldwater face-off.

"We're going to give you the change you deserve."
—House Minority Leader John Boehner

That's not a threat; it's a promise—from the Republican congressional leaders. Really. Led by perpetually tanned House leader John Boehner, Republicans have suddenly discovered that the country wants change—and they have decided to offer it to us.

Ruling impeachment off the table hasn't hurt congressional Democrats politically. But the constitutional implications are far more disturbing. According to the leading case on presidential powers, if Bush's extreme assertions of power are not challenged by the Congress, they end up not simply creating new law, they could end up rewriting the Constitution itself.

America's banker isn't happy. China's leaders blame Washington's "warped conception" of market deregulation for the financial crisis that is rattling the world economy. Perfect. The Bush administration is so lame, it is getting lectures from the communist governors of China on how best to regulate the market.

The criticism of the appointment of Jason Furman as economic policy director for the Barack Obama presidential campaign reflects submerged concerns about Obama’s own posture on globalization. The real question is whether Obama understands that the current U.S. global strategy is unsustainable.

The choice before the voters on the economy became more clear this week: a "bottom-up prosperity" that puts people first or more of a worn conservative dogma that emphasizes tax breaks for the wealthy and a retreat from public investment in rebuilding the country. We haven't witnessed this clear an ideological division since the 1964 Johnson-Goldwater face-off.

"We're going to give you the change you deserve."
—House Minority Leader John Boehner

That's not a threat; it's a promise—from the Republican congressional leaders. Really. Led by perpetually tanned House leader John Boehner, Republicans have suddenly discovered that the country wants change—and they have decided to offer it to us.

As gas prices head towards $4 a barrel, some politicians, as Rev. Jeremiah Wright would say, "do what politicians do" and propose a gas-tax holiday. Only there's one small problem with this tax cut: The oil companies are likely to pocket most of it. We've seen it happen before.