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

Greenspan Agrees I’m not saying that this is the definitive word (because I certainly believe that he has been wrong about things before), but apparently Greenspan agrees with my earlier assessment that the danger of deflation is behind us. Kash

Powell Responds I’ve commented on revlations about Powell in Woodward’s new book, so it’s only fair that I also highlight Powell’s denial: Powell also said he cooperated with Woodward — at the behest of the White House. “We all talked to Woodward. It was part of our instructions from the White House,” Powell said. “It […]

I Can’t Explain It So I’ll just relay it: Bush led Kerry, the presumptive Democratic nominee, 51 percent to 46 percent in the survey of likely voters, which was conducted Friday through Sunday. The survey interviewed 1,003 adults, including a subsample of 767 respondents deemed most likely to vote in November. When consumer activist Ralph […]

Today’s Howler Sommerby finds something of a contradiction: RICE V. BUSH: Thanks to an alert e-mailer, here’s one more highlight from Bush’s press conference. Our reader emitted those low, mordant chuckles when President Bush said the obvious: BUSH (4/13/04): Now, in the, what’s called the PDB, there was a warning about bin Laden’s desires on […]

Worse Than You Thought From Woodward, on 60 Minutes last night: “They describe in detail the war plan for Bandar. And so Bandar, who’s skeptical because he knows in the first Gulf War we didn’t get Saddam out, so he says to Cheney and Rumsfeld, ‘So Saddam this time is gonna be out, period?’ And […]

Powell May Be Next to Join the DisgruntledTM My initial list of The DisgruntledTM (people who work or worked in and around the Bush White House who have been critical of the administration’s policy-making) is in this post; commenters ably filled out the list. We know they are disgruntled for there can be no other […]

Truth v. Fantasy I still like Kash’s version better, but this latest chart from the Center on Budget and Policy Priorities is pretty good too (via Matt Yglesias): AB

Pretty Much Sums It Up The miserable failure that is the Bush administration’s Iraq policy can pretty much be summed up by this quote from an Iraqi in today’s Washington Post: “When the fighting is over in Fallujah, I will sell everything I have, even my home,” said a resistance fighter who gave his name […]

Bob Woodward’s Plan of Attack The book comes out Monday, but some claims and excerpts are coming out early: “Let’s get started on this,” Bush recalled telling Defense Secretary Donald Rumsfeld on Nov. 21, 2001, according to “Plan of Attack” by Washington Post assistant managing editor Bob Woodward, a Post account of the book says. […]

Just Plain Wrong Via Mark Schmitt: This whole thing is just disgraceful. To top it all off, every Treasury release now has the following useful public service announcement at the bottom: America has a choice: It can continue to grow the economy and create new jobs as the President’s policies are doing; or it can […]