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

The Ledeen Doctrine – Who Do We Invade Now?

by Mike Kimel Back in 2002, Jonah Goldberg wrote this in the National Review: So how does all this, or the humble attempt at a history lesson of my last column, justify tearing down the Baghdad regime? Well, I’ve long been an admirer of, if not a full-fledged subscriber to, what I call the “Ledeen Doctrine.” […]

Catch of The Day: Tim Duy

Carpe diem, indeed: Mr Bernanke’s own appointment in 2005 was a case in point. There were several candidates that year. According to people involved, then-President George W. Bush leaned towards Martin Feldstein, a former economic adviser to Ronald Reagan…. But Mr Feldstein was a director of the insurance company AIG, which restated five years of […]

Milton Friedman was Correct. Especially about his Alma Mater.

As my 35+-year wish to be an alumnus of a Big Ten school* approaches fruition, it is, perhaps, time to see what the cost of that ambition has been. Not to me; I got my Masters in Economics from the same school that granted Elizabeth Warren her J.D., and I don’t regret a moment of […]

Not A Great Week to be Rupert Murdoch

The week began with the New York Post reporting “a scoop,” and then putting a track coach and a high school kid on the front page as “suspects.” You would think it couldn’t get worse for NewsCorp.  I would think it couldn’t get worse for NewsCorp, especially after CNN went out of their way to […]


I posted all I can say publicly at Skippy. And even that wouldn’t work at a family blog like this one. The rest are jokes that I am told–undoubtedly correctly, but lapsed traders are difficult to retrain*–are “too soon.” The Phantom Scribbler came out of her retirement (first post in more than eleven months), though, […]

Tis New to Thee

I step out of the dark bathroom. (Really, the light is out and we’re around 26,000 feet—pretty certain it’s the even numbers if you’re flying West.) Wandering back to my seat, I see multiple people using electronic devices, including one gentleman who is listening to an album of Iggy Pop’s.  I know this because his […]