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

Hastert’s High School Economics

When Tim Russert asked Speaker Hastert about the large budget deficits, the response was: You know, Tim, I taught economics for 16 years to high school kids. I always said it was the toughest job I ever did until I came to Congress and tried to explain it to some members of Congress. You know, […]

High Impact Blogs

I’m a big fan of many blogs for a variety of reasons, and I enjoy, daily, more blogs than are in the following lists. But if I were referring a new blog reader hoping to gain the widest array of useful information about the impending election — for water cooler and bar conversations — to […]

Daily Show News

Two items of interest. First, the interview of Congressman Henry Bonilla (R-TX), loosely transcribed here last week, is now up on The Daily Show web page. If you haven’t seen it, it’s really worth watching. I can’t link directly to it, but the video is in the red panel on the right side of the […]

Oil Still Going Up

… this time from bad news from Iraq: Crude oil rose to a record $44.97 a barrel after Iraq cut shipments to tankers in the Persian Gulf because of warnings of possible attacks on petroleum-industry infrastructure. Iraq’s Southern Oil Co. stopped pumping oil after militia troops threatened to attack oil facilities, Agence France-Presse reported, citing […]

How Clueless is Condi Rice (blown Al Qaeda sting)

www.juancole.com is doing an excellent job of covering what he calls the “Bush Administration outing of Khan”. I simply want to quote Condi Rice during her interview with Wolf Blitzer: “Well, I don’t know what might have been going on in Pakistan. I will say this, that we did not, of course, publicly disclose his […]

Kerry May Be Biggest Threat To the U.S. Economy?

I’m not the first to suggest that National Review econpundits Lawrence Kudlow and Stephen Moore are less than honest with their readers, but it now seems these two are during most of their opeds for HumanEventsOnline, which is also pushing that Swift Boat scam. Moore’s latest as of August 6 states: The centerpiece of Kerry’s […]

Incompetence at Best

Mideast expert Juan Cole reports that … [Muhammad Naeem Noor] Khan had been secretly apprehended by Pakistani military intelligence in mid-July, and had been turned into a double agent. He was actively helping investigators penetrate further into al-Qaeda cells and activities via computer, and was still cooperating when the “senior Bush administration” figure told Jehl […]

One Honorable Man

Private Lynndie England’s hearing to determine whether she will face court martial is underway. In the midst of this disgrace, it’s worth pointing out that not every soldier in Abu Ghraib was involved in torture. I’m sure some didn’t know, some knew and tried to pretend it wasn’t happening, and one chose to do something […]

What will Sec. Snow say about the Employment Report?

Employment growth – household survey v. payroll survey – for the past 6 months (thousands): Household Payroll Feb (265) 83 Mar (3) 353 Apr 278 324 May 196 259 Jun 259 78 Jul 629 32 Kerry will likely emphasize the very modest increase in the payroll survey figure. Snow was touting this series this spring […]

Which Comes First: Farce or Tragedy?

Based on the latest from Illinois Republicans, I’d say farce: Illinois Republican leaders late Wednesday asked conservative talk-show host Alan Keyes to be their candidate for the U.S. Senate, but Keyes said that he would take until Sunday to decide whether to run. … Perhaps most problematic for Keyes is that he has few connections […]