Archive for December 22, 2009
Excuse me President Obama, but I was there. I worked for you. I sent you money. I listened to what you said. I remember. You did campaign on the public option.
Are you a legend in your own mind?
Please. Don’t tell me you’re turning into one of the crazies who denies stuff that can be refuted after spending two minutes on Google.
December 22, 2009 at 11:00 PM
The right is screaming about the news that many states are on the verge of running out of money for their unemployment programs.
Dean Baker over at Beat the Press points out how simplistic their argument is and how much more complicated the reality is:
The Washington Post had a front page article reporting on the shortfalls facing state unemployment insurance funds as the unemployment rate remains in or near double-digit levels. At one point it tells readers that: “the troubles the state programs face can be traced to a failure during the economic boom to properly prepare for a downturn.”
This is not true. The state unemployment insurance (UI) programs were fully prepared for a normal downturn. They just were not prepared for the worst downturn since the Great Depression. It would be difficult to imagine states raising UI taxes in preparation for a downturn that was far more severe than any major economist predicted. The problem was the incompetent economic management by Federal Reserve Board chairs Greenspan and Bernanke, not the conduct of the states.
December 22, 2009 at 10:52 PM
From Peter Daou:
So, there are only eight potential female — human — athletes of the year? Can you imagine the outrage at the AP editor’s desk if this applied to men? I can hear it now: What? You can “only” find eight male athletes — in the whole wide world — who might qualify, so you round it out with freakin’ horses? There’s this guy and this guy and this guy and this…
December 22, 2009 at 9:37 PM
If you’re like me, when you hear an announcement like the one made this morning that “existing home sales are up,” it doesn’t mean much. So, I always go to the trusty site, Calculated Risk for an explanation. Short version: Don’t get too excited.
December 22, 2009 at 12:35 PM
Posted without comment — I’m too mad and too tired:
(Where?)
December 22, 2009 at 1:33 AM
I just saw a promo for a re-run of a show C-SPAN aired this morning: “How Capitalism Will Save Us,” by Steve Forbes.
Gee. Sorry I missed it. I presume the C-SPAN host was laughing the whole time, right? You know, kinda pointing out where capitalism has brung us, as of today?
December 22, 2009 at 1:21 AM
