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Get Brad some more meds

It’s hard being a professor of Economics these days. Quoth Brad DeLong,
In short, I trot over to the J-School TV studio as part of the sober, sensible, bipartisan consensus, intending to carry water for Ben Bernanke and Hank Paulson.
And what do I find also on BBC/Newsnight when I get there?
I FIND THAT I AM […]

Gee, you think?

Here’s the headline:
Fed’s rate-cutting days may be over - for now
And why?
After a year of aggressively slashing interest rates, Federal Reserve policymakers signaled that their rate-cutting days may soon be over — for now.
As expected, the Fed’s Open Market Committee served up just a quarter-point cut Wednesday, leaving the benchmark for overnight loans between […]

The Holy Church of Daniel G.

The New York Times has a overview of the tax breaks and other regulatory free passes given out to religibusiness.
As religious activities expand far beyond weekly worship, that venerable tax break is expanding, too. In recent years, a church-run fitness center with a tanning bed and video arcade in Minnesota, a biblical theme park in […]

Blog watch: The Washington Note

In a letter to a friend recently, I countered the saw of “history is written by the victors” with “history is written by the aggressive.” Steve Clemons has a good example of that. He tells the story of to men in Japan.
Masaru Tamamoto — editor of an important on-line magazine, JIIA […]

Why I am not a Christian, part XXXIII

Under the headline, Jewish Family “Forced to Move” Over School Lawsuit, Richard Bartholomew tells of one family’s travails in Delaware. Read the whole post and check the links. Here’s the lede:
Back in 2004, the Center for Reclaiming America for Christ (based at Dr D. James Kennedy’s Coral Ridge Ministries) […]

Le Spin

Spin is the ability to tell the story your way, using adjectives and adverbs in new and novel ways to obscure the truth and here is a good example:
In a White House that had virtually forgotten what good news looks like, the past few weeks have been refreshing. A Republican won a much-watched special congressional […]

Everything I need to learn, I learned from my kids, part XXXXV

I took Bookzilla and JMan to the Space Needle on Sunday. The miracle of being able to see for miles was lost on them, but not on me. If I ever get into the habit of using mind altering substances, I want to take them up there. The insignificance of a single […]