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

Pot, Meet Kettle. Call it Black. This comes on the heels of GOP allegations that MoveOn is coordinating with the Kerry campaign. House GOP Committee Pays Soft Money Fine WASHINGTON — The National Republican Congressional Committee has agreed to pay a $280,000 civil fine for transferring big donations known as “soft money” to an outside […]

Can’t Say I Feel Sorry for Him Enron’s Skilling hospitalized after bar incidents Former Enron CEO Jeffrey Skilling was taken to a hospital early Friday after several people called police saying he was pulling on their clothes and accusing them of being FBI agents, a police source told The Associated Press. Police found Skilling at […]

Not Much to Say I want to write something, but I don’t have much to say. Rice’s testimony is big news, but it’s been well-covered elsewhere. Ditto for the insertion of Iraq into a handbasket headed (but hopefully not unswayably so) towards Hell. What do most people talk about when they’ve got nothing to say? […]

The Daily Show Thursday night’s coverage of Rice’s testimony was hilarious, though somewhat depressing if you reflect on it. Comedy Central replays TDS at 10:00 a.m. and 7:00 p.m, Eastern time. Catch it if you can. AB

Pharaoh George Bush II? Let’s say you’re a deeply religious and born-again President of The United States. Furthermore, you have ties extending deeply into the evangelical church. Then it must assuredly be a bad sign when a Plague of Locusts (billions of them!) is set to descend upon the nation’s capital, Washington, D.C. (Read about […]

Postcards from Old Europe – Special Easter edition Note: This week’s postcard comes one day early courtesy of Easter! Easter is a time to celebrate rebirth and renewal; something many European economies could really profit from. In discussions with friends and colleagues I’ve often heard the question: “Well, why don’t you change something? Why don’t […]

Reality in Iraq v. the Bush Administration From today’s NYTimes: Account of Broad Shiite Revolt Contradicts White House Stand United States forces are confronting a broad-based Shiite uprising that goes well beyond supporters of one militant Islamic cleric who has been the focus of American counterinsurgency efforts, United States intelligence officials said Wednesday. That assertion […]

Kerry’s Fiscal Prudence Yesterday Kerry gave a major policy address, in which he reoriented his economic proposals around the idea of fiscal discipline. As the Washington Post describes it: Sen. John F. Kerry outlined a broad deficit-reduction policy yesterday, scaling back several campaign promises that he now concedes the country cannot afford if his new […]

Echo Chamber? Arianna Huffington on blogs, in Salon: And because blogs are ongoing and daily, indeed sometimes hourly, bloggers will often start with a small story, or a piece of one — a contradictory quote, an unearthed document, a detail that doesn’t add up — that the big outlets would deem too minor. But it’s […]

What’s Up with Import Prices? Some people may find this morning’s release of the March import price data by the BLS a bit puzzling. It shows that, excluding oil, the price of imported goods into the US hasn’t really been rising – it has gone up by just 1.0% in the past 12 months (between […]