No, no -- I'm serious. It's perfect. GM needs new management; Romney's free; he's a turnaround guy; he's from Detroit; his dad ran a car company; he's already got a national profile, which would really help GM; he's already … [Read more...]
George Packer at the New Yorker: BMG was right — NY Times should fire Bill Kristol
Thanks to Jay for pointing to George Packer's post on the New Yorker's website echoing a call I made a few weeks ago: the NY Times really, really needs to fire William Kristol from the op-ed page (or, more precisely, not renew his … [Read more...]
Romney might be right. (AAAAGGGHHH!!! It burns!! It burns!!)
Much as it pains me to say it, Mitt Romney's op-ed in today's NY Times is not only a deft political move (drawing on his childhood in Detroit and his father's success in the auto industry as well as his own business turnaround experience), … [Read more...]
Begich wins in Alaska!
Really excellent news. Anchorage Mayor Mark Begich (D) defeated Sen. Ted Stevens, ending the tenure of the longest-serving Republican in Senate history, after the counting of more ballots yesterday gave him a larger lead than the number of … [Read more...]
Eric Holder is likely Obama’s Attorney General
AP: Washington attorney Eric Holder is President-elect Barack Obama's top choice to be the next attorney general and aides have gone so far as to ask senators whether he would be confirmed, an Obama official and people close to the matter … [Read more...]
Wilkerson indicted; Murray again urges her to resign
No surprise. A federal grand jury indicted state Senator Dianne Wilkerson today on eight counts of accepting bribes, exactly three weeks after the FBI arrested the longtime lawmaker in an undercover corruption probe.... Wilkerson faces … [Read more...]
NY Times “Dealbook”: Chapter 11 with US-sponsored DIP financing for GM. Is there an echo in here?
First, let's recognize that G.M. doesn't need life support. What it needs is Chapter 11. The bankruptcy process is not a bad thing - indeed, it should be embraced. Bankruptcy allows companies to do tough things they could never do in the … [Read more...]
More on bailing out Detroit: why not Chapter 11, with a federal guarantee of DIP financing?
The Chapter 11 argument has some appeal, because (a) that's what everyone else has to do under these circumstances, so it's not really fair to other struggling businesses to hand mountains of cash over to GM just because GM seems prepared … [Read more...]
Memo to Senators Kennedy and Kerry: No Homeland Security chairmanship for Joementum [updated]
[UPDATE: You know, it occurs to me that they should wait until after the new Congress is sworn in to worry about this. There's no urgency to do it now, and if they do strip Lieberman of his chairmanship and he bolts, there will be a … [Read more...]
Is the Republican State Committee violating Massachusetts law?
Kate helpfully dug up a MA statute requiring political parties to select a chairman within 10 days after presidential elections. Here it is: The members of the state committee elected at the presidential primaries shall, within ten … [Read more...]
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