More cheery economic news today: *” Not only has the unemployment rate risen sharply to 7.2%, but the number of workers only able to find part time jobs (or have had their hours cut for economic reasons) is now over 8 million. “Of course the U.S. population is significantly larger today (about 305 million) than …
Sarah Palin gets it
Following up on John’s slanted take on the Pailn mockumentary, this should be a slap in the face to those of you who doubted Palin’s wit and authenticity: Conservatives will be thrilled to know that she immediately “got” and seemed to fully appreciate my joke that Pete Wilson (and not Arnold Schwarzenegger) would go down …
PUMA versus Wingnut
I’ve got an idea for a new feature here. Compare a really stupid statement/post from wingnuttia with a really stupid one from the PUMAsphere, then debate which is stupider. For our PUMA entry, let’s start with the “PUMAs are the new Jews” thing John alluded to earlier (from NoIQ, natch): Is puma the new jew …
We have seen the bubble and it is us
More specifically, it’s our government’s securities: THE BIGGEST INVESTMENT BUBBLE TODAY may involve one of the safest asset classes: U.S. Treasuries. Yields have plunged to some of the lowest levels since the 1940s as investors, fearful of a sustained global economic downturn and potential deflation, have rushed to purchase government-issued debt. The market also has …
Sometimes they don’t take the bait
Perry Bacon today during an online chat: Rochester, N.Y.: BlagoGate, BurrisGate, CommerceGate, PanettaGate….is is too early to declare the Obama presidency a scandal-ridden failure? Perry Bacon: In a word, yes. We’ve made a big deal of the Commerce flub for instance, but how many people,even in Washington, could name the current Commerce Secretary? (Carlos M. …
Rereading the classics
As some of you may know, I’m addicted to the Washington Post online chats. During a chat just before Xmas, Larry Sabato advised: If you have even a few spare hours over the holidays, then read or re-read Robert Penn Warren’s ALL THE KING’S MEN. Its universal lessons apply to so many current events. Normally, …
It’s the socks, stupid
I’ve lost my copy of the Left-Wing Blogosphere Enemies list, so I can’t remember whether or not I’m supposed to hate Jason Zengerle. Either way, Zengerle has a good piece today wherein he catches the late Tim Russert with his socks down today. Here’s Brokaw: A few years ago, he (Tim Russert) asked me to …