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

A Collective "Aw, Gee" is in order

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 […]

Canadian Content

There are three regular AB posters who currently are residents of the Great White North. So, naturally, it’s a Brooklyn boy who breaks the news that a plurality is not always a majority: The Liberals and New Democrats signed an agreement on Monday to form an unprecedented coalition government, with a written pledge of support […]

Waiting for the DeLong-Fish Cage Match

While I’m trying to decide whether unmanaged funds are preferrable to mismanaged ones, and wondering whether any discussion of Mark Cuban (I like the picture better than CNN’s) belong here,* the NYT decides to continue its determined destruction of its reputation. Stanley Fish manages to forget—or, more accurately, ignore, since he mentions it in the […]

Hey, Big Spender!

by Tom Bozzo Look who’s into big government now, via TrafficWorld: “We need to spend an enormous, massive amount of money in rebuilding America’s infrastructure, not only in the short term, but in the long term to underpin the economy once it’s up and growing again,” said R. Bruce Josten, the [U.S. Chamber of Commerce]’s […]

Is David Leonhardt pretending Henry Paulson did his job?

Or does he know better? This year’s election coincided with an important moment in the financial crisis. The credit markets have stabilized in the last few weeks and even improved a bit. But the rest of the economy is deteriorating fairly rapidly. It’s now in danger of falling into a vicious spiral, in which spending […]

The BradAltman Effect?

Is gay the New Black? Note this partial list of companies who said No on 8: Most of the state’s highest-profile political leaders — including both U.S. senators and the mayors of San Francisco, San Diego and Los Angeles — along with the editorial pages of most major newspapers, opposed the measure. PG&E, Apple and […]

Win the Nobel Prize,* they publish you on Sunday instead of Monday

Krugman believes people want someone who is “serious”: In a way, you can’t blame Mr. McCain for campaigning on trivia—after all, it’s worked in the past. Most notably, President Bush got within hanging-chads-and-butterfly-ballot range of the White House only because much of the news media, rather than focusing on the candidates’ policy proposals, focused on […]

The Original Bailout Bill, or Ms. Smith Goes to Washington*

by Ken Houghton Prefatory Note: I wrote this several hours ago, but we had enough great posts this morning from Robert, Spencer, cactus, and rdan that I scheduled it instead of posting directly. In the interim, the House approved the second bailout bill, which I am already on record as opposing, for reasons similar to […]

How Not to Build a Bailout Proposal

Let’s see. There are a bunch of people ready to riot on the streets—or at least do the White Person version of rioting and vote Republican, mainly because of the lies of several House Republicans. And there are a precious few people who believe action needs to be taken and—while they might prefer, say, The […]