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

Fahrenheit 9/11 I Still haven’t seen it, but I plan to on Thursday or Friday. In any case, it already broke the record for a documentary and was the top-grossing film of the weekend. As I recall, some conservatives used the fact that Harry Potter and the Order of the Phoenix knocked Hillary Clinton’s Living […]

Bruce Bartlett says taxes must be increased And asks an interesting question: Taxes have to increase. Do you want Democrats at the helm when they do…The package will have to reduce the deficit by at least two percentage points of GDP annually to meaningfully affect financial markets and restore confidence, and it is unrealistic to […]

Speaking of Iraq… As PGL notes below, the party line from the Republicans on Iraq has changed from “it will be easy and over with before you know it” to “no one ever said it would be easy.” Well, the same thing goes for prediction’s about Iraq’s oil production. Wolfowitz famously said that Iraq’s reconstruction […]

Have a Beer as You Watch the Video of the Iraq War Newt Gingrich on Meet the Press Sunday after Tim Russert brought up Imperial Hubris: If you read the whole book, he says this is harder–and I think this is the key point that you were driving at a minute ago, Tim. This is […]

Poetic Justice Michael Moore deserves this: The Political ‘Fahrenheit’ Sets Record at Box Office LOS ANGELES, June 27 — Michael Moore’s anti-Bush “Fahrenheit 9/11” became the highest-grossing documentary of all time on its first weekend in release, taking in $21.8 million as it packed theaters across the country this weekend. The movie, mocking President Bush […]

Why Oh Why Can’t We Have a Better Press Corps? Brad asks the question, for the nth time (n>30). As happens fairly often, the trigger is the Washington Post’s Jonathan Weisman. After a fairly thorough explanation of the flaws in Weisman’s piece, Brad throws this at him: Overall, Weisman’s article is like… it’s like… it’s […]

Bush on Irish TV This interview, taped in advance of Bush’s trip to Ireland, is definitely worth watching. Kevin notes that when Bush said that “most of Europe supported the decision on Iraq. Most European countries are very supportive and are participating in the reconstruction of Iraq,” the truth of the President’s words “depends on […]

Cheney: Pants on Fire First, everybody stop saying “F-Bomb”. It’s stupid. Why am I particularly annoyed with the term “F-Bomb” at this exact moment? Because the Vice President, as Kash noted, apparently told Sen. Pat Leahy, “Go fuck yourself!” Second, Cheney says “Fuck” and I get to hear about it on CNN, in the paper, […]

How Does It End? A recent OECD working paper by three economists at the OECD poses the following question: how might the US’s massive current account deficit be reduced? For a decent summary of the paper, you can take a look at a piece in this week’s online Economist. The main conclusions of the paper […]

Revised GDP Estimates The BEA released their final estimates of US GDP for the first quarter of 2004. While their preliminary estimate had been that the US economy grew by 4.4%, their final estimate is that it only grew by 3.9%. This is an unusually large revision, by the way. Part of the downward revision […]