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

Economic Advice for the Next President C. Fred Bergsten, of the Institute for International Economics, has a piece in the current issue of Foreign Affairs in which he outlines his suggested advice for the next president. It’s a lengthy essay, full of sensible thoughts about needed changes to US international economic policy. Highlights: A reelected […]

Robert Novak: Douchebag for Liberty You must watch The Daily Show. On Monday’s show, Jon Stewart lead off with some great commentary on the recent talk show circuiting by Rumsfeld, Powell, Cheney, and Clarke. Addressing Rice’s 60 Minutes appearance in which she said, “Nothing would be better, from my point of view, than to be […]

Rice to Testify? Perhaps, but there’s still the hang-up of whether or not she’ll swear to tell the truth: The White House looked for a deal on Monday with the Sept. 11, 2001, commission under which national security adviser Condoleezza Rice would appear in private before the panel, but it refused to budge in the […]

The End of Japan’s Buying Spree? From Bloomberg: Japan to End Yen Sales, London Times Says March 29 (Bloomberg) — U.S. 10-year Treasury notes fell, pushing yields to their highest in more than three weeks, after the London-based Times said the Bank of Japan may end yen sales, fueling speculation it will buy less U.S. […]

Compare and Contrast President Bush, November 19, 2003, London: I’ve noticed that the tradition of free speech — exercised with enthusiasm — (laughter) — is alive and well here in London. We have that at home, too. They now have that right in Baghdad, as well. The New York Times, March 29, 2004, Baghdad: American […]

Condi on 60 Minutes First, Clarke: once again, very clear and compelling (I particularly liked this statement.) I also thought Russert was pretty easygoing throughout and let Clarke give detailed answers. This evening, Dr. Rice was on 60 Minutes to attempt to rebut Clarke’s charges. It was the same spin that you’ve heard before: no […]

Richard Clarke on Meet the Press Sunday. Set your Tivo’s. Also, unless Jon Stewart was kidding, Clarke will be on The Daily Show Monday night. AB UPDATE: Dr. Rice on 60 Minutes, too.

Bush Takes Credit for Home Ownership Once again, Bush is going out of his way to take credit for some good news, despite a complete lack of evidence to show that he had anything to do with it. This is, of course, simply the counterpart to his “It wasn’t me” mantra that he recites whenever […]

Umm, About That, … When we said that no one expected terrorists to use planes as missiles, and when we said Bush never pressed Clarke to link Hussein to 9/11, we were, you know, just kidding. We’re big kidders, you see. Now where are those Gosh darn WMDS? WASHINGTON – (KRT) – A member of […]

Bill Frist Just Blew a Gasket I’m not sure how or why I have this feeling, but I suspect this statement by Senate Majority Leader Bill ‘Cat Killer’ Frist’ is going to backfire: I am troubled by these charges. I am equally troubled that someone would sell a book, trading on their former service as […]