Relevant and even prescient commentary on news, politics and the economy.

My answer to the question, “So is Brian Williams really an idiot, or does he just play one on TV?”

In the Comments thread to my post yesterday about a comment that Brian Williams made the day before indicating that he apparently does not know what “the debt ceiling” actually means, reader SW asked: “So, is he really an idiot or does he just play one on the tv?” I answered: I hadn’t thought of […]

Brian Williams Thinks Raising the Debt Ceiling Means Increasing BUDGET APPROPRIATIONS. O Peter Jennings, Walter Cronkite, and Edward R. Murrow, Where Art Thou? — [UPDATED]

I watched NBC Nightly News with Brian Williams last night.  Big Mistake. Big mistake. Because now I’m really confused.  I was pretty darn sure until then that “raising the debt ceiling” meant allowing the Treasury Department to pay financial obligations already incurred, such as interest on bonds, Medicare payments, and contract obligations, and to allow […]