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

Halloween Economics

Halloween’s Voodoo Economics (Business Week) Americans will spend 50% more in 2006 than they did last year on Halloween jack-o-lanterns, spooky costumes, and ghoulish decorations. From haunted houses to horror flicks and tales of headless horsemen, Halloween is a day when the fearful becomes fun. But maybe scarier than any demonic costume are the record […]

Story for George Bush, Hank Paulson, and Ben Bernanke

by cactus Story for George Bush, Hank Paulson, and Ben Bernanke My wife and I are renters – we figured we never could justify paying the crazy prices we saw people charging for houses. But now the bubble burst, and we figured – OK, now’s our time. So there’s this house my wife likes. A […]

It’s All My Fault

From a rabid Obama supporter in North Carolina: Don’t let this happen to you. My Fellow Americans, my ballot is cast. Make certain that, by the end of voting November 4th, yours is too.

TV serials as an indicator of inflation

by: Divorced one like Bush Just a little point of order regarding how bad this economy is. Lost in Space 120 episodes, 33.2 per seasonBatman (on twice weekly) 120 episodes, 53.33 per seasonThe Virginian, 249 episodes, 27.67 per seasonThe Beverly Hillbillies, 274 episodes, 30 per seasonGilligan’s Island, 98 episodes, 32.67 per season New season started […]

Tom Toles is a Priceless National Treasure, Volume X

Though the claim made may not be true, the sentiment seems real: Update: Brad DeLong apparently beat me to publishing this one by about 40 minutes. I blame my trying to use a Mac, but it’s nice to know neither of us got it from the WaPo website, where it was up yesterday.

I work hard for my money

rdan Yves Smith comments on a NYT piece about NY Attorney General Cuomo.  The following caught my attention this morning.  Admittedly before coffee: Banks have proven to be remarkably immune to condemnation over senior level pay. CEOs and top level producers seem to have an undimmed sense of entitlement, even though the nine banks receiving […]

Media Bias

rdan The Politico has a well written piece on media bias. Not a quantitative description, but reasoned. They say it much better than I.

Two Wings of the Republican Party

by cactus Two Wings of the Republican Party A few facts (labeled with “F”s) and a few questions (labeled with “Q”s): F1. Sarah Palin has stated that if McCain loses, she will stay on the national stage and perhaps seek the top spot herself in 2012. F2. Sarah Palin’s presence on the ticket has energized […]

Debt watch

by OSO Sadly that is the case. US Public debt has increased and in the lastweek it has gone up over $1000. I’m running a weekly debt watch over at my blog. It’s simple mathematicsreally: Public Debt as % of latest GDP figures, as well as Public Debtdivided by latest population figures. One Salient Ovesight […]

Election Story Interlude

In contrast to Mankiw’s attitude (see cactus’s post below*), my favorite election story of the year comes from Ms. Mochi_tsuki: So they started explaining to me what an absentee ballot is and how to fill one out. I pointed out that I’d spent 11 years of my adult life overseas and was very familiar with […]