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

War has begun Let us all hope for the best: a speedy resolution with minimal loss of life on all sides.

Angrier Bear Not so long ago, I echoed CalPundit’s sentiment that “… the Standard really a more interesting, more unpredictable, and basically more honest conservative magazine than National Review?”. Well all it takes is the impending start of war for the Standard to go off the deep end. Here’s a typical hyperbolic quip by the […]

New Feature If you look to your left, you will see a new “topics” section. Whenever I post a multi-part series on a particular topic (these will generally be economic topics), permanent links will be collected there, so that you can easily find the relevant posts, should you be so inclined. AB

Make Sure to CC John Ashcroft Missing Bill of Rights copy recovered (after having been missing for 138 years). More seriously, this is a subject on which I can actually agree with Glenn Reynolds (Instapundit): …because it’s pretty obvious that, barring a miracle of some sort, we’ll be at war shortly. And my next advice […]

Budget Deficits The OMB (the White House agency with responsibility for the budget) pegged the upcoming budget deficit at $300b–this is basically a direct projection based on the fact that the deficit for the first four months of fiscal year 2003 was $98b (so 12 months should be just under $300b). This of course does […]

Funny or Scary? Via Ampersand, this link to a collection of safety posters and instructions from the Department of Homeland Security (DHS), with new and improved captions explaining what they mean. They are hilarious. After about the fifth, I thought they were real pictures, actually used by the DHS. By about the tenth, I was […]

From Bold to Audacious You may recall not so long ago when everything President Bush did or proposed doing was “bold”. As in “the President’s tax package may severely damage the economy and wreak havoc on the poor, but it is a very bold plan”. Apparently, the new word is “audacious”, as in “In a […]

Fed Leaves Interest Rate Unchanged Central bank policy-makers unanimously agreed to leave their target for the federal funds rate, an overnight bank lending rate, unchanged at 1.25 percent, the lowest level since 1961, but said they could not decide whether the economy’s risks were tilted towards weakness or inflation. This means they basically think the […]

More on Robin Cook For those interested, the BBC’s has a page devoted to Cook’s resignation, which includes a link to video of the speech. There’s also an editorial here. The article describes Mr. Cook as receiving an “unprecedented standing ovation in the House of Commons” (the BBC’s political analyst explained that “MPs applauding one […]

A bit extreme, but this is pretty funny (via TBogg). AB