Thursday, June 25, 2009
Sanford Emails
I kow some people are going to have a problem with TPM and other outlets publishing Sanford's emails. In most cases, I would have been opposed to releasing these very personal communicaotins. They are excruciating to read for a number of reasons. But this piece of crap has invaded and politicized the private lives of women and gays over choice and marriage equality, and he has damaged the lives of thousands of South Carolinians through his hard-hearted refusal to take the stimulus money. So anything that destroys his own life, both personal and political, is ok with me. No mercy. Not this time.
Wednesday, June 24, 2009
Yglesias on the Villagers
I know this is right:
[T]he kind of reporters who basically sit around and in virtue of the fact that their employers are important get to ask not-very-interesting questions of powerful politicians and then dutifully write the answers down (or record the answers on tape and have an intern transcribe them) are facing a kind of crisis of prestige and authority. It turns out lots of people can do the job perfectly well, even people who haven’t “paid their dues” or gotten a job at an established media outlet.
[T]he kind of reporters who basically sit around and in virtue of the fact that their employers are important get to ask not-very-interesting questions of powerful politicians and then dutifully write the answers down (or record the answers on tape and have an intern transcribe them) are facing a kind of crisis of prestige and authority. It turns out lots of people can do the job perfectly well, even people who haven’t “paid their dues” or gotten a job at an established media outlet.
Saturday, June 20, 2009
Thursday, June 18, 2009
Sunday, June 14, 2009
Tony Auth Gets It
Friday, June 12, 2009
Wednesday, June 10, 2009
Saturday, June 6, 2009
Ryan Avent Rules
Few people get to the basic dumbassery of the national press better than Ryan Avent. Read this to see why.
Friday, June 5, 2009
I Know That's Right
Worth remembering from Daniel Gross.
"[T]he notion that the market is telling us something—anything—ultimately rests on the erroneous assumption that financial markets represent the collective wisdom of rational actors processing information efficiently . . . The markets resemble the Star Wars bar scene more than they do the economics faculty lounge at Princeton."
"[T]he notion that the market is telling us something—anything—ultimately rests on the erroneous assumption that financial markets represent the collective wisdom of rational actors processing information efficiently . . . The markets resemble the Star Wars bar scene more than they do the economics faculty lounge at Princeton."
Monday, June 1, 2009
Making Sense
Worth reading from James Surowiecki. Here's the takwaway:
[M]ost of the people predicting disaster as a result of higher interest rates don’t think there was ever a hope of recovery to begin with.
[M]ost of the people predicting disaster as a result of higher interest rates don’t think there was ever a hope of recovery to begin with.
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