CNN works hard for its money: Although ex-presidents in Adams’ day quickly descended into obscurity after their years in the Oval Office, today the transition away from serving as the leader of the free world is high-profile, potentially very lucrative and, above all, a difficult job in itself. This is especially true for Bush, historians […]

by divorced one like Bush Professor Krugman has been having problems with a person named Amity Shlaes. Well, actually he’s having a problem more with what she is professing. Amity is talking about The Great One’s relationship to today’s sickly economy and prescribing a plan of treatment. Doctor Krugman is noting the errors in Amity’s […]

rdan (again stealing a post from Robert’s musings) What does “Earn” mean I read Ad Man: ” Those of us who sit above the $250k income threshold are too small in numbers to affect his appeal. What I do resent is that under an Obama administration, money we’ve work hard to earn (through the meritocracy […]

rdan About 1 minute in, the first warnings of trouble go plop, and the scene explodes upon the screen. How prescient and universal a notion.

JS Kit is finished preparing Haloscan conversion to their format. Conversion will take place automatically over the next weeks. I will convert next week as JS Kit provides much greater moderation control and more versatility for the comment section. I am not sure how rss feeds will be affected for comments, but JS Kit looks […]

The big news on the blogosphere today concerns parking meters in Chicago. Matt Yglesias is thrilled. Kevin Drum less so. Drum writes A private company has agreed to give City Hall an upfront payment of almost $1.2 billion to run Chicago’s parking meter system for the next 75 years. 75 years seems a wee bit […]

By Spencer The employment report was bad almost across the board. The monthly index of hours worked fell 1.0% to 104.7. Compared to the last quarter average of106.1 this implies that 4th quarter hours worked are falling at about a 5% annual rate. When you compared the employment drop in this cycle we are now […]

Among their editorial suggestions for replacing Tim Geither as head of the New York FRB: Better choices would include …David Malpass, an economist who worked at the Reagan Treasury and long predicted the credit bubble…. Yes, you saw that correctly. David Malpass. Strangely, they don’t describe him as “David Malpass, former Chief Economist for Bear […]

Brad DeLong sends us to Rex Nutting at MarketWatch: U.S. nonfarm payrolls plunged by an astonishing 533,000 in November, the worst job loss in 34 years, the Labor Department reported Friday. It’s only the fourth time in the past 58 years that payrolls have fallen by more than 500,000 in a month. Since the recession […]

rdan My sentiments about buying locally translate to where I spend my dollars…there is room for both small business and big boxes, but we all vote with dollars. If not careful, I sometimes forget the paint returned at no charge, or the thoughtful advice and knowledge from the local paint and wallpaper store, or the […]