Posted inPolitical Animal, Politics

Spanish Bailout Roundup

The big news today is the €100 billion bailout that the European Central Bank sent the way of tottering Spanish banks. Matt Yglesias says this is a big step forward: The key point is that though Spain will still have to abide by its existing austerity-oriented fiscal commitments, there are no new strings attached in […]

Posted inPolitical Animal, Politics

The Banksters Are Clueless

Speaking of Jon Stewart, Jim Fallows flagged this excellent interview with former Bain executive Edward Conard, author of a new book lauding the virtues of private equity: The Daily ShowGet More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook It’s a great interview, but not exactly for how Stewart picked him […]

Posted inPolitical Animal, Politics

Mitt Romney and Firefighters

The chatter today is about Mitt Romney’s comment explicitly saying that what America needs is fewer cops, teachers, and firefighters: Romney said of Obama, “he wants another stimulus, he wants to hire more government workers. He says we need more fireman, more policeman, more teachers. Did he not get the message of Wisconsin? The American […]

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Chris Hayes on Elite Failure

His new book Twilight of the Elites is coming out next Tuesday, and the Nation excerpted a section that gives you a flavor of the argument. He proposes that there is an “iron law of meritocracy,” where meritocratic institutions naturally become corrupted through elites desire to perpetuate themselves and avoid accountability: And we might ask […]

Posted inPolitical Animal, Politics

Evening Links

That’s it for now, folks! I hope everyone has a good weekend. Personally, I’ve got a few of Jim Fallows’ favorite beer to look forward to. Until tomorrow, enjoy some content scraped and filtered from around the web: 1. Suicides are surging among US troops. 2. Time to start saying it: Ben Bernanke is behaving […]

Posted inPolitical Animal, Politics

A Good Idea from Tom Coburn

Over at the College Guide, Daniel Luzer has an idea, adopted by Senator Tom Coburn, to cut the Gordian Knot of student loan interest rates: Earlier in the week Senators Tom Coburn (R-OK) and Richard Burr (R-NC) introduced the Comprehensive Student Loan Protection Act, S. 3266. The Coburn-Burr bill would set interest rates on all […]

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