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Obama’s Agenda

A couple of things to note from the President’s statement after the House stepped back from the cliff (other than his strong reiteration of a refusal to deal about the debt ceiling, which he correctly identified as whether the Congress would renege on paying the bills for spending the Congress had ordered): his list of […]

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More “Even-Handedness” from AP

Basic fact about the fiscal cliff bill:   Aye No D 174 16 R 85 151 Why can’t David Espo and Alan Fram at the Associated Press get that basic fact into a 38-paragraph story, instead of blandly and misleadingly reporting that the vote was “bipartisan”? If there’s no price to be paid for irresponsibility, […]

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Getting the (Remaining) Lead Out

Shorter Kevin Drum: 1. Lead is remarkably nasty stuff. In minuscule quantities (measured in the single digits of micrograms per decliter of blood) it damages both IQ and the capacity for self-command. 2. The rise of lead exposure from gasoline, and its subsequent decline, accounts for a large share of the crime boom of 1960-90 […]

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“Lincoln” and Parliamentary Procedure

The story is about the passage of the Thirteenth Amendment. Daniel Day-Lewis and Sally Field are astoundingly good as Abraham and Mary Lincoln. The supporting cast is superb. The writing is pitch-perfect, especially in the way it catches Lincoln’s use of Shakespeare and story-telling. The questions at stake, and the positions and actions of the […]

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Wall Street and the Fiscal Cliff

Four take-aways from this National Journal story: 1. Wall Streeters are “all Keynesians now.” (No Hayekians in hedge funds?) Like all sane people, they want the government, in a situation of prolonged inadequate final demand, to boost final demand, rather than shirinking final demand by raising taxes or cutting expenditures. None of them seems to […]

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Gun-liability Insurance

I’m not a fan of mandatory liability insurance for gun owners; Megan McArdle picks some good holes in the proposal, without even mentioning the big problem about how to attribute liability when the firearm used in an assault or homicide is never recovered by law enforcement. But even a flawed concept ought to be considered […]

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Hoyer, McConnell, and Hostage-taking

The usual suspects are pretending to have their fee-fees hurt because Steny Hoyer compared the Republican debt-ceiling threats to hostage-taking. Two things to note here: 1. It was Mitch McConnell who originally made he comparison. The difference is that Hoyer disapproves of hostage-taking, while McConnell was bragging about it. As far as I can find, […]

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