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

Bernanke Interlude

Via David Wessel’s Twitter feed, the WSJ publishes a letter: Ben Bernanke is a good person, a fine academic and a well-respected professor. But those traits have no bearing on whether he should be reconfirmed as Federal Reserve chairman…. Applying accountability principles, there’s no way Chairman Bernanke should be reconfirmed by the Senate, let alone […]

Time Series Analysis

From what I can tell, this is an accurate sequence: 6 August 2001: Presidential Daily Briefing (PDB) given to GWB entitled “bin Ladin Determined to Strike in US.” 11 September 2001: On the 36th Anniversary of Augusto Pinochet’s US-President-ordered, CIA-supported, Coup in Chile, Bin Laden’s forces, weel, strike in the US. ca. 26 October 2004: […]

What Obama Means when he says "the troops"

Meet the New Boss; Same as the Old Boss. Andrew Sullivan points out the obvious link from yesterday’s appointment to today’s “reversal“: It was a point of pride that the Red Cross would never be allowed in the door, Jeff says. This is important because it defied the Geneva Conventions, which require that the Red […]

A new shopper at the Pentagon

by divorced one like Bush Via Multi Medium comes a link to Boston.com for an article regarding another Obama appointment. President Obama late this afternoon nominated Harvard professor Ashton B. Carter, a leading authority on arms control, to take on a surprising new role, according to top administration officials — as the Pentagon’s chief weapons […]