What on God's green earth are these people in Washington smoking? [S]peculation in Washington turns to who might take the job--two jobs, actually, if you count the newly created White House post for health care reform.... My suggested … [Read more...]
Archives for February 4, 2009
Stimulus for food
I've linked to this or something like this before, and I'm essentially stealing this post from Paul Rosenberg, but everyone should see this. This is from respected economist Mark Zandi of Moody's: "The Economic Impact of the … [Read more...]
Bad news/good talk on stimulus
Well, this is just impossibly stupid.WASHINGTON —The Senate on Wednesday voted to expand the economic stimulus package with a tax credit for homebuyers of up to $15,000, a provision championed by Republicans as addressing a root cause … [Read more...]
Weekly Joke Revue: Reality Show Edition
Media Matters reports: Tumulty, Ambinder tout Romney for health care position, citing MA plan he says would be wrong to impose on states Summary: Time's Karen Tumulty suggested Mitt Romney for Health and Human Services secretary, citing … [Read more...]
Daschle, convictions, and cynicism
The news of Tom Daschle's withdrawal from consideration for the HHS and health-reform-czar is deeply unfortunate. It would be hard to say that the chance of health care reform didn't take a hit.I am forced to wonder that … [Read more...]
Throttle Our Corporate Princes
Cross-post note: This also appears at Marry in Massachusetts, replete with prissy art.Coming through American Management Associations, Inc. Magazine and the business press, I have been stunned by the self-delusion and mass delusion that has … [Read more...]
Debating Gaza at Davos – WaPo’s David Ignatius fumbles
Panel discussions at Davos are restricted to one hour, but Erdogan insisted on responding to Peres. Red-faced, and with one hand grasping the arm of the moderator, the columnist David Ignatius of The Washington Post, Erdogan turned to the … [Read more...]
Congress Sucked and Obama…
Obama seems a little too convinced of his own personal qualities and his being the embodiment of change that he has let his erstwhile fellow travelers in the Congressional Democratic Party make a hash of his first major legislative … [Read more...]
Stimulus Gone Wild
Why this is a bad idea: 1) I know the auto industry is hurting, but why cars only? Why not a deduction for "durable goods" or something if you want to stimulate consumer spending? 2) Deductible interest, are you shitting me? … [Read more...]
The $500,000 Pay Cap
So: 1. Part of me is pleased with Obama's $500,000 cap on CEO salaries of TARP Takers. Have some friggin' pride, execs. If you're taking bailout money, take a salary/bonus haircut for a couple years, just so you keep my blood … [Read more...]