CPI Shows Continued Disinflation The BLS released its monthly report on consumer prices this morning. The core rate (excluding food and energy prices) rose .1% in September, bringing the annual rate of core consumer price inflation down to 1.25% over the past year. So the trend of declining inflation, called “disinflation,” continues, as I suggested […]
Widespread Fantasy Update The title of this post is much more exciting than the content. Yesterday, I initiated my search for just one liberal reader of Angry Bear who believes that Colin Powell will resign as Secretary of State and turn against the administration. Michael Kinsley, you may recall, says that belief is “widespread” among […]
Sneaky Lou Dobbs Making a regularly scheduled visit to Eschaton, I see his latest “Torture Lou Dobbs.” Always happy to strike a blow against pseudo-science, I quickly followed the link to Dobbs’ latest poll. Here are the questions: LOU DOBBS TONIGHT QUICKVOTE Whose view of the situation in Iraq do you believe most? Bush administration’s […]
George Soros The three most famous super-rich liberals are George Soros, Warren Buffet (notwithstanding his advising the Shwarzenegger campaign), and Bill Gates Sr. (Gates Sr. is not personally rich, but as head of The Bill and Melinda Gates Foundation he still makes the list). The upcoming issue of Fortune has a medium-length piece on Soros […]
Will Bernanke be Right Again? Fed governor Ben Bernanke testified today on Capitol Hill as part of his confirmation process for a full 14 year term. He had some pretty bullish things to say, particularly about the prospect for an improvement in the US labor market. Here are some excerpts from his testimony: After several […]
Is the US Heading for Financial Disaster? Several commentators have been posing that very question recently. The concern is that the US might be heading for a major financial crisis due to increasing debt. For example, in Krugman’s piece in the NYTimes today, he writes The timing of [economic] crises is hard to predict. But […]
Hey Look! Not over there, not at Iraq. Look! International trafficking of women! Hey! I said stop looking at Iraq. Look! No, seriously. Look. Over there! No, stop looking at Iraq! There’s a communist dictator in Cuba! Hey! I said Look at Cuba! AB NOTE: Yes, in this post I am making light (somewhat) of […]
This Week’s This Modern World And that’s just one frame; the rest is here. AB
Speaking of Questionable Logic Click here for some from Dick Cheney. AB
Are Two Losers Better than One? Ok, Kerry and Gephardt aren’t really losers, they’re just losing the primary race. One has no chance and the other has a small chance. But they’re hoping not to go down alone: These two presidential contenders, who for months have been eclipsed by the surging campaign of Howard Dean, […]