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

Get out and vote

by cactus Some Last Thoughts About the Campaign I am not involved in either campaign, nor do I have all that much to do with politics other than running the occasional numbers, expressing an opinion voting. That said, here are my thoughts on the mistakes made in the campaign by both candidates. Obama’s Mistakes This […]

Exit Pollster Hell

Robert Waldmann update: OK after getting burned in 200 and 2004 (to paraphrase our President:fool me once shame on you fool me uh fool … you can fool me twice) only a fool would believe in exit polls tonight (and note the obvious below). But I just can’t help myself. Looks like the exit pollers […]

Larry Kudlow- George Bush and the stock market

Since George Bush was elected President eight years ago the stock market is down about one-third. Yet, Larry Kudlow and the other non-partisan analysts on CNBC keep insisting they want more of the same policies. They just do not learn do they.

WaPo on AIG

Robert Waldmann read Carol Leonnig’s article which quotes many people arguing that the feds should have let AIG file for chapter 11. The point of the complainers is simple, the takeover has been very (realtively) good for counterparties but not so good for the treasury or, it is alleged, AIG shareholders. I don’t see how […]

Dem and Repub political conflict in house

rdan Roll Call reminds us that any talk of monolithic control by party is unlikely for Democrats. I am glad there are no ‘first 100 days’ goal posts for whoever wins the presidency…and watching certain races, such as Pelosi’s as well. House Majority Leader Steny Hoyer (D-Md.) is turning a blind eye to his one-time […]

Heritage Looks at the McCain and Obama Plans

by cactus Heritage Looks at the McCain and Obama Plans Its that time again. Heritage looks at the McCain and Obama plans and tells us which one is best. (This particular report is authored by William W. Beach, Karen Campbell, Rea Hederman, Jr., and Guinevere Nell.) Heritage being Heritage, I don’t think I have to […]

Pension Benefit Guaranties

Cross post with Noni Mausa, Tunnel Under Snow The manner to which they are accustomed — Stolen Quote of the Day What to wear for Halloween? From the Slate overview of the daily papers for Oct. 31 2008, here: Maybe wear a suit and monocle and go as a corporate fat cat? The Journal fronts […]

Maybe Not This Time…

…at least not so directly: The Treasury Department has turned down a request by General Motors for up to $10 billion to help finance the automaker’s possible merger with Chrysler, according to people close to the discussions. Instead of providing new assistance, the Treasury Department told G.M. on Friday, the Bush administration will now shift […]

What We Learn from Sports

Compare and contrast: Philadelphia, after a first-time-in-25-years win: The School District of Philadelphia – as if to prove you don’t need miserable weather to rain on a parade – has no plans to close for a victory celebration, no matter how momentous the occasion might be. “Our expectations are that students will report to school […]