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

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Budget 2010 is telling?

…House with members of Congress from both parties, economists, union leaders and business representatives. On Tuesday he will make a televised address to a joint session of Congress — the…

Bad Bank Bail-out and A Better Approach

…$300 billion of its troubled loans. Answering complaints that bailed-out banks aren’t lending, Citi said Tuesday that it had committed $36.5 billion “to support U.S. consumers, businesses and our communities…

President Obama’s new website

…They’re wrong. As of Tuesday morning, the Bush administration’s robots.txt file did only two things: first, it pointed search engines to the high-graphics versions of the page, as opposed to…

GOP Senators! Why do you hate NASCAR?

…GOP is playing with dynamite here, the political ads practically write themselves. UPDATE: Skip Sauer of The Sports Economist was also all over this one on Tuesday, though somewhat cautious:…

Following the money

…it around the two other monitors put in place by the legislation, the Government Accountability Office, whose first report on the bailout is due Tuesday, and a special inspector general…

English translation, or Kleptocracy Defined

Via CR, the Fed announcement this morning: The Federal Reserve Board on Tuesday announced the creation of the Term Asset-Backed Securities Loan Facility (TALF), a facility that will help market…

Coffee, Tea, or You?

I assume everyone heard about Starbucks offering a free cup of what they call coffee to anyone who went in on Tuesday and said they voted. Via a young woman…

Dust and debris counts

…last week to the EAC that the M-100 voting machines used in four communities Tuesday “reported inconsistent vote totals during their logic and accuracy testing.” “The same ballots run through…

US and Pakistan have divergent goals?

The Christian Science Monitor reports: NEW DELHI – Tuesday at the United Nations President George Bush and his Pakistani counterpart, Asif Ali Zardari, reaffirmed the alliance of two nations that,…