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

Does this include abridgement of 2nd Amendment rights as well?

The NYT reports: A federal judge in California said Wednesday that the wiretapping law established by Congress was the “exclusive” means for the president to eavesdrop on Americans, and he rejected the government’s claim that the president’s constitutional authority as commander in chief trumped that law. The judge, Vaughn R. Walker, the chief judge for […]

Same labels, same old stuff

One Salient Oversight sends some thoughts from down under on recycling labels: Think of the common labels thrown out against political opponents thesedays. What sort of political thinking would be labelled in the followingway? * The propagation of ideas like Darwinism, Marxism, the teachings ofNietzche, Liberalism, Socialism, Communism and Anarchism.* A focus on Utopianism that […]

Trying to Short Joe Biden

So the good news yesterday (h/t Felix) is that, even as he was voting to eviscerate the Fourth Amendment, Barack Obama urged a change to bankruptcy law. The devil is in the details (the “median cost” of a home in NY State won’t keep anyone living in their house in Westchester or even Rockland County, […]

Action, Reaction

In honor of this post (from another blog whose political posts I’ve stopped reading; Hilzoy is in good company*), I have decided today to shave off my beard and mustache.** After all, David (“Axis of Evil”) Frum is always right, as John Holbo originally documented: This sentiment or intuition or feeling (whatever you call it) […]

"Despite"? Did they mean "Because"?

“Despite”? Are they sure they didn’t mean “Because”? by Noni Mausa From the online medical news resource Medscape, a very rich source of breaking health news, comes this study from the World Health Organization on worldwide drug use. Once again, world leader America takes the Number One position! **** U.S. Leads the World in Illegal […]

G-8 and silence on the web and media and a challenge

by reader Movie Guy (Lifted from comments cactus style) I have reviewed the majority of American econ blogs during the past few days. Hit the supposed heavy ones again tonight. The econ blog subjects range from stupid to domestic but very few step beyond the borders of the USA. It’s as though the lights are […]

Social Security is "an absolute disgrace"

Talking Points Memo has a video where John McCain not only wants private accounts, but calls Social Security “an absolute disgrace” and “will not be there for the next generation”. Boomers are sponging off the next generation. I will look for a transcript…this is not in his plan. If this is the way he plans […]

"WORLD ENTERING A DANGER ZONE", according to World Bank

by reader Movie Guy (Updated and polished) “WORLD ENTERING A DANGER ZONE”, according to World Bank Global Food Crisis Bottom line: Food CrisisWorld Bank Rising Food Prices Threaten Poverty ReductionApril 9, 2008, World Bank Volatility in Agricultural Commodities – An UpdateMay 2008, World Bank Rising Food Prices in East Asia: Challenges and Policy OptionsMilan Brahmbhatt […]

The Last Word on The 300

From me, at least, goes to Hilzoy and the off-my-reading-list-for-politics Obsidian Wings: while I’d ordinarily assume that economists signing on to “John McCain’s plan” were signing on to the actual document he had released, the fact that those 300 names were released within hours made me wonder whether all of them had had a chance […]