Tim Eagan is shrill. __ __ If we can’t get people to start using ‘deficit vultures’ — which would be accurate, if insulting to the avian scavengers who fulfill a useful ecological role — can we at least start using ‘deficit chickenhawks‘ for those who want to attack any expenditures that don’t affect them? __
C.R.E.A.M.
Extend and Pretend
Your daily dose of frightening economic news, this time focused on commercial real estate.
Housing
Following up on Krugman’s pessimism, here’s some housing market analysis from Hal “Bondad” Stewart at 538: What does all this mean? 1.) The existing home sales market has farther to fall. There is simply far too much inventory on the market for prices to remain stable. 2.) During the recession, the economy lost a total …
Turning Japanese
K-Thug says we’re in a true depression: In 2008 and 2009, it seemed as if we might have learned from history. Unlike their predecessors, who raised interest rates in the face of financial crisis, the current leaders of the Federal Reserve and the European Central Bank slashed rates and moved to support credit markets. Unlike …
The Atlantic Has Found Its Perfect Idiot
Remember a couple weeks back, when I linked to Ken Layne’s Wonkette post about The Atlantic’s search for “29 journalists and an idiot”? You know, the ad looking for “individuals made for – naturally wired for – original insight, original frames for comment on the large, national issues. Economist rigor; Tom Friedman insight.“? Well, Marc …
The Atlantic Has Found Its Perfect IdiotPost + Comments (23)
You Better Come Heavy
Blue Dog Tim Matheson, who won the primary in in UT-2 last night, wasn’t lacking for money: By contrast, Matheson spent $757,000 as of June 2, and he still had money left to spend. About $959,000 of his contributions had come from various PACs, and $161,000 came from individual donors. His opponent, Claudia Wright, spent …
What’s Her Angle?
In the comments on the last post about Nevada Republican Sharron Angle, there was some concern that I was overconfident about Harry Reid’s chances in that race. If you don’t believe that being unable to talk to local media isn’t enough to doom Angle’s campaign, this post is for you. Let’s take a quick trip …