Via Mark Thoma comes a debate between David Frum and Bruce Bartlett as to the prospects of achieving fiscal responsibility through cuts in government spending. The short answer is that we cannot. Let’s have Mr. Frum up first: In the 1990s, the newly elected Republican congressional majority enjoyed what we can now see was the […]
Kevin Drum watches the stock price of Exxon decline even though they reported $8 billion in quarterly profits. CNN’s American Morning was on the story explaining the decline in the stock price by noting that analysts had expected $9.2 billion (not trillion). At one point – Andy Serwer hinted that the difference between reported earnings […]
Jim VandeHei reports: White House Deputy Chief of Staff Karl Rove sought to convince a federal grand jury yesterday that he did not provide false statements in the CIA leak case, testifying for more than three hours before leaving a federal courthouse unsure whether he would be indicted, according to a source close to the […]
Think Progress, Christy Hardin Smith, and the DSCC congratulate Tony Snow on his being appointed as President Bush’s chief excuse maker with a few quotes from the past. Byron York provides us with one of his reader’s views on all of this: Of course, these (Center for American Progress) are among the same people who […]
NewHounds watch Fox so we don’t have to: Hannity’s face was in the bullyboy squint and he jabbed his finger as he spoke to “Democratic strategist” Bob Beckel. “I want YOU to know, Bob Beckel, I give blame for high gas prices. 30 years of the Democrats beholden to the extreme environmental movement, we haven’t […]
High comedy from NRO’s The Corner as JPod accuses Rand Beers of leaking: So Newsweek is reporting that Mary McCarthy denies being the leaker. This despite stories in the press saying that she failed a lie detector test and admitted to it. McCarthy’s not the the one who told Newsweek. Do you know who did? […]
Mark Thoma finds this gem from the Columbia Business School Follies about Ben Bernanke … enjoy! Check this out: “Every Breath You Take,” by Dean Glenn Hubbard. It’s worth it (music video about Bernanke to the tune of “Every Breath You Take” – wmv file). Update: iTunes link (mp4).
Larry Johnson comments on the firing of whistleblower Mary McCarthy: I am struck by the irony that Mary McCarthy may have been fired for blowing the whistle and ensuring that the truth about an abuse was told to the American people. There is something potentially honorable in that action; particularly when you consider that George […]
I received the same email that Mark Thoma received as to the latest from Peggy Noonan. In my view, Mark is too kind to Ms. Noonan. For example – if I had the opportunity to write something for the adult readers of the Wall Street Journal (OK, I bet most of them skip the op-ed […]
Credit to Belgravia Dispatch for catching more Swiftboat smears from Glenn Reynolds: If things were so bad before, they should have resigned in protest instead of complaining publicly once they were safely in retirement and, in some cases, had books to promote. Ah, Glenn – some of the generals did resign in protest. General Zinni […]