I find myself somehow not panicked by today's stock market ... well ... panic. Perhaps I've lived through a few of these at this point: 1987, post-9/11, 2008, and now. It's scary, yeah ... but not unexpected, given what we're going … [Read more...]
Archives for August 8, 2011
S&P Downgrade
if you read the rational behind the downgrade one of the key points is Washington's in ability to compromise and have a plan. Redricting is at the core of this. We need to reform the redistricting process to give our elected officials a … [Read more...]
Tea Party Takes a Hit in Debt Ceiling Debate
Back in April I pointed out in “The Fading Allure of the Tea Party Movement” just how much the popularity of the movement had fallen in the eyes of the American people. Well just as one would have imagined, the rancor and vitriol … [Read more...]
Why is Scott Brown so scared?
Scott Brown has been justly criticized for not bothering to meet with the people he represents. He hasn't held a single town hall meeting since he's been in office. It looked like that might be changing with his awesome "no jobs tour." … [Read more...]
S&P Downgrade Cites Failure to Raise Taxes
An important but little-reported line from the S&P downgrade announcement that belies Republican and Confederate Party Tea Party claims that larger cuts should have been approved: We have changed our assumption on this because the … [Read more...]
Alright Deval, I Think It’s Time
Elizabeth Warren is not going do it and frankly I was becoming suspect after she told the United States Congress it was interfering with her schedule. But anyway that's old news. Just like the current crop of Democrats hoping to take … [Read more...]
Don’t Mean Nothing: The S & P Downgrade
"To say that S &P's analysts aren't the sharpest tools in the drawer is a massive understatement." --The Economics of Contempt By now, you've probably heard about Standard & Poor's botching the numbers on their budget … [Read more...]
Obama’s current job approval: good enough to win
An interesting rundown from Gallup: state-by-state job approval ratings for President Obama. The biggest surprise: in Georgia, his approval rating (48%) exceeds his disapproval rating (44%). So here's an interesting true fact: if you … [Read more...]
Precious irony: in wake of tea-party downgrade, investors flee to treasuries
You couldn't make this stuff up. As we all know, Standard & Poor's downgraded US debt over the weekend. Presumably, that reflects some sort of judgment that US debt is more risky than it used to be; that the risk of non-payment is now … [Read more...]
MASSterList: AG deepens lottery investigation – Delegation points fingers over downgrade – Lantigua foes ready recall – Senators take off on Pan-Mass Challenge
LOTTERY: Investigators from The AG's office are headed to Lottery headquarters to talk to officials about the possible improper use of TV ads to bolster the profile of former Treasurer Timothy Cahill during last year's election. … [Read more...]