Today’s edition of quick hits:
* Escalation in Libya: “In a sudden, sharp escalation of NATO’s air campaign over Libya, warplanes dropped more than 50 bombs on targets in Tripoli on Tuesday, obliterating large areas of Colonel Muammar el-Qaddafi’s Bab al-Aziziya command compound.”
* Congress won’t act, and the Fed doesn’t want to: “Federal Reserve Chairman Ben Bernanke conceded that the economic recovery is ‘frustratingly slow’ for millions of unemployed Americans, but threw cold water on the notion that the central bank can be a cure-all for the economy’s ills.”
* On the other hand, Bernanke expects stronger growth in the second half of 2011, as Japan recovers and gas prices come down.
* President Obama believes the economy has to “accelerate,” but he rejected the notion of a double-dip recession.
* Pelosi wants an investigation into the Weiner controversy: “In a letter to Ethics Committee Chairman Rep. Jo Bonner (R-Ala.) and Rep. Linda Sanchez (D-Calif.), the ranking Democrat on the committee, Pelosi (D-Calif.) said an investigation of Weiner is needed due to ‘inappropriate’ conduct. ”
* I hope this doesn’t mean the end of the White House White Board: “Austan Goolsbee, a longtime adviser to President Obama and the only economist left on his core economic team, plans to leave as chairman of the Council of Economic Advisers by September after a year in the job to return to the University of Chicago.”
* The story of the Catherine Ferguson Academy in Detroit, which is now closing, is just heartbreaking. Austerity in America.
* Figuring out how much college costs should be much easier.
* Andy Sabl has a smart post about why the right offers mixed messages on Europe: “It’s all about the secularism.”
* Yes, Lieberman can get even worse: “Sen. Joseph Lieberman (I-Conn.) plans to attend a Glenn Beck rally in Jerusalem.”
* On a related note, Glenn Beck plans to charge his minions $5 to $10 a month to watch his online network, which will be the exclusive home of his talk show. Prediction: this will end badly.
* And George W. Bush’s $2.5 trillion in tax cuts were launched exactly 10 years ago today. One of these days, they’re bound to deliver the rewards Republicans promised at the time, right?
Anything to add? Consider this an open thread.