Max Sawicky supported the nomination of Harriet Miers for reasons he well expressed. I was not convinced. However, I highly endorse Max’s latest: *No more “up or down vote” claptrap from the wingnuts. They advocated her pre-emptive withdrawal, so there is no onus against a committee preventing any appointment from coming to the Senate floor, […]

CNN is reporting that Miers is withdrawing her nomination. This is turning into quite a week for news… Kash

Today saw no public announcements of indictments but leave it to the Corner to be attacking the victim again. But the best one has to be clueless Jonah Goldberg: Hasn’t Cliff been making the case that Wilson outed his wife to David Corn? Isn’t that a thin reed of hope? (1) Cliff May is a […]

We have heard numerous NRO pundits hammer the FED for not following some sort of price-rule for monetary policy. Their version of a price-rule is often a commodity price-rule as in some sort of weird devotion to the gold standard, which I always thought was driven by the fact that Victor Canto was the only […]

There has been a lot of discussion over the past two days about Ben Bernanke’s inflation-fighting credentials, as PGL so aptly summarized in the previous post. Interestingly, the past two days have also seen some significant activity in bond markets. For example, as of 3pm today (EDT) Marketwatch reports that short-term interest rates have leapt […]

Brad DeLong rebuts the presumption that Bernanke will be too soft on inflation. Now where would some lame brain get such an idea anyway? Brad is ably assisted by Mark Thoma. Even those at the National review who endorsed Bush’s very good selection are clueless. Bernanke’s critics from the left-leaning Keynesian camp are worried that […]

Rich Lowry noted the big news from the New York Times last night: Brace yourselves – this will be lighting up Washington tomorrow. The only comment from the Corner today even remotely related to this story from the Corner today is another attack on Bill Clinton. So much for the National Review’s concern with national […]

David Altig gave a good summary of the “missing inflation” arguments in a post from yesterday. The essence of his argument is, I think, that core inflation is simply not rising because inflationary expectations have not risen (which in turn is due to a very credible Fed promise to keep inflation low), and thus wage […]

Brad DeLong finds a Kudlow comment at The Corner and just shakes his head. But it was Michael Darda that was chosen to offer this critique: Up until this point, my hope was that Vice President Dick Cheney’s influence on the nomination process would tip the scales toward former Council of Economic Advisors chairman Glenn […]

I was not surprised to see Bush apologist Byron York attack the efforts of Patrick Fitzgerald with “A Cover-up Without a Crime?” But I was delighted to see that as soon as the ink was dry on this op-ed that President Bush called the investigation of the outing of a CIA agent “very serious”.