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

The Headline Says it All Page 1, Washington Post. Top Focus Before 9/11 Wasn’t on Terrorism: Rice Speech Cited Missile Defense. On Sept. 11, 2001, national security adviser Condoleezza Rice was scheduled to outline a Bush administration policy that would address “the threats and problems of today and the day after, not the world of […]

An Inside Look at Rumsfeld’s Talking Points This is an interesting tidbit. Apparently someone walked into a Starbucks over the weekend and found some notes that were obviously written by someone prepping Rumsfeld for his Sunday morning interviews on the news shows. That individual then gave them to the Center for American Progress, the Democrats’ […]

Tomorrow’s Big Economic News I’m referring to the release of the March employment report, which will be released by the BLS at 8:30am tomorrow (EST). This is what CNN/Money has to say about it: Since at least November, there have been signs of a long-hoped-for jump in jobs, leading economists to make fairly rosy forecasts. […]

Wow! Great news today, on almost every front! Latest report: 600,000 jobs added in March; Bush now on pace to meet jobs projection in the Economic Report of the President. Budget will be in balance in 2006, due to rapid economic growth caused by Bush tax cuts. Trade deficit plummets as current accounts deficit turns […]

Angry Bear, Now With WorkingTM RSS (I think) I thought I had it working before, but based on a number of emails, the feed quit updating many moons ago. I think I’ve got it working now, and it gives the full post instead of just the first part. Here’s the link: http://angrybear.blogspot.com/atom.xml The link in […]

Your Tax Dollars at Work Generating talking points for the Bush Campaign, via the WSJ (subscription required): WASHINGTON — The Treasury tapped civil servants to calculate the cost of Sen. John Kerry’s tax plan and then posted the analysis on the Treasury Web site. A federal law bars career government officials from working on political […]

Yet More Outsourcing Fuel Here’s one more recent piece of data and analysis about offshore outsourcing, to add to the analysis discussed in the post below. Jason Kirkegaard of the Institute for International Economics (a nonpartisan think tank devoted to careful research on current issues in international economics) made an extremely detailed examination of the […]

Adding Fuel to the Outsourcing Fire The Information Technology Association Of America has just released the results of a study they commissioned from an economic consulting firm called Global Insights. The punch line of the analysis: This major study conclusively demonstrat[es] that worldwide sourcing of computer software and services increases the number of U.S. jobs, […]

Yen/Dollar Update FYI: TOKYO (CBS.MW) – The dollar fell to the lowest level in almost four years in Asia Wednesday as market participants tested Japan’s resolve for its dollar-buying intervention policy ahead of Japan’s “tankan” business sentiment survey to be released Thursday. The dollar traded at 104.29 yen after briefly falling to 103.98. The dollar […]

Via the AP Headline: A look at Bush’s reversals (AP) — President Bush’s decision Tuesday to allow his national security adviser, Condoleezza Rice, to testify publicly before the commission investigating the September 11, 2001, terrorist attacks reversed earlier White House insistence that she would only appear privately. Some previous Bush reversals in the face of […]