Rachel Maddow: Except there is a taped recording existing between McCarthy, Cheney, and others. Rachel Maddow “sharing an audio of House Republican Leader Kevin McCarthy saying that he would call Donald Trump and recommend that he resign in the wake of the January 6th attacks and with a second impeachment looming, as reported by Jonathan […]
McCarthy claims He would Never Push Trump to Resign . . .
Democratic messaging on Ukraine
In a post titled Failing at the Basics, Josh Marshall leads with this: A new AP poll says that 54% of Americans think President Biden has been “not tough enough” on Russia for its invasion of Ukraine. These kinds of public perceptions can be shaped by perceptions of a leader as much as they drive them. So […]
Living with Republicans and Republican Politics
For twenty-something years, I was in Livingston County and living with Republicans and Republican politics. It is not easy being a Democrat there. If it was not for the stupid things many Republican constituents say, it would have been downright difficult if they had a brain. They kept pitching down the center with their remarks […]
Housing starts show continued strength in March, while single family permits indicate softness ahead
Housing starts show continued strength in March, while single family permits indicate softness ahead The continued strength in total housing permits and starts shown in this morning’s report for March was surprising; but the series with the most signal and least noise, single family permits, betrayed weakness. While typically permits, especially single family permits, lead […]
The IMF’s Proposed Policies on the Management of Capital Flows
by Joseph Joyce The IMF’s Proposed Policies on the Management of Capital Flows The IMF’s views on the advantages and drawbacks of capital flows have substantially evolved over time. The Fund reversed its opposition to capital controls in the wake of the global financial crisis of 2007-09, when it adopted the “Institutional View on the […]
Today’s math challenge: Less than 50% of the vote but 72% of the seats
On Morning Joe today, they interviewed Senator Mallory McMorrow. She mentioned toward the end (around 8:02 minutes in) that in 2014 the Republican party had less than 50% of the vote. However, they had 72% of the seats. Unfortunately, it was toward the end and no one’s ears perked up upon hearing this. She notes […]
Learning from History? Questions from a Back Bencher
Commenter and Blogger Dale Coberly I have been reading William Manchester’s biography of Winston Churchill. I do not know how reliable Manchester is, but I think I have learned more about a couple of things I thought I knew about, which might be worth thinking about with regard to events in Ukraine. Churchill was a […]
The worst interest rate upturn since 1994
The worst interest rate upturn since 1994 is likely to produce the worst housing downturn in over a decade No economic news of note today; but tomorrow we will see housing permits and starts for March, and on Wednesday existing home sales. So let’s take an important look at housing. The recent increase in mortgage […]
Paul Krugman on the Great Illusion of economic rationality and war — in 2008
Paul Krugman on the Great Illusion of economic rationality and war — in 2008 Paul Krugman wrote an article this past week about how free trade can enable authoritarians, and how Russia’s invasion of Ukraine may be putting an end to globalization. I went looking for an excerpt that wasn’t behind a paywall, and look what I […]