The Dean Endorsement, con’t Wondering if Gore’s endorsement of Dean matters? Take a look at this graph to see the effect it has had on Dean shares in the Iowa Electronic Market. The price of Dean shares is represented by the green line. Apparently, at least among the individuals trading shares on the IEM, this […]

The Fed’s Take The Fed’s Open Market Committee – the group that sets the US’s short term interest rates – met today and decided to hold interest rates constant. They also issued a statement indicating their sense of the economy’s direction: The Committee perceives that the upside and downside risks to the attainment of sustainable […]

Comparing Two Great Depreciations The dollar continued its fall against the euro today, hitting its eighth record low in a row. It’s now down to around 1.22 $/€. This set me to wondering. Sure the dollar has fallen pretty consistently over the past couple of months. But is this depreciation of the dollar large by […]

Dean Endorsement I’m not sure what to make of Gore’s endorsement of Dean, other than that it’s clearly good news for Dean. If I were a right wing columnist or blogger, I suppose I’d be trying to figure out how this either proves that (1) Hillary will run in 2004, or (2) Hillary will run […]

Just Like the Texas “Education Miracle” We learned last week that the Texas Miracle was really the result of low standards on the TAAS, not accurately reporting dropouts, and excluding expected low-performers from taking tests. John Ashcroft, meet Rod Paige: it appears that the same tactics are being used to inflate the terrorism conviction rate: […]

Even the Conservative Washington Times… … is reporting negatively on current deficit and spending levels: “In the historical context, you can think of times when politicians have gone for big-government solutions, and you can think of times when politicians have gone for tax cuts and limited government,” said Robert Bixby, executive director of the budget-watchdog […]

Dog Bites Man Congressional spending bill stuffed with pork. AB

The Rhetoric v. Reality Game: Military Readiness Here’s one of my favorite games for a snowy weekend: Rhetoric v. Reality! Simply compare things that Bush said while campaigning to the reality of his administration. Here’s an easy one from today’s news. First, George Bush during the RNC, August 3, 2000: “Our military is low on […]

Loud Mouth Jackass But you already knew that about Bill O’Reilly. But did you know that he’s ignorant too, as SadlyNo! makes clear: Bill “Shut Up!” O’Reilly displays his keen understanding of the economy in the latest edition of the Talking Points Memo: The conservative take is a supply side system, whereby consumers spend and […]

Attack and Counter-Attack On Thursday, the Club for Growth launched attack ads against Howard Dean in Iowa and New Hampshire. While I’m no Deaniac (though I may be some day), I am impressed by the speed and message of Dean’s counter-ad. Skeptical Notion has the details. AB