Krugman: “the question is whether our economy is governed by any kind of rule of law.”

Paul Krugman really nails it this morning in a column on the mortgage crisis. He argues that the notion that–as Larry Summers claimed in 2000–U.S. banks were “well-capitalized and supervised banks, effective corporate governance and bankruptcy codes, and credible means of contract enforcement” is a “sick joke.” The accounting scandals at Enron and WorldCom dispelled [...]

President O. Decides With President W. 99% of the Time

From The Hill (h/t to memeorandum) — “Boehner a rubber stamp for Pelosi?“: It’s an attack ad that writes itself: The House Republican leader, Rep. John Boehner (Ohio), votes with liberal Speaker Nancy Pelosi (D-Calif.) a majority of the time. The statistic seems impossible to believe, given the ferocity with which Boehner denounces Pelosi, the [...]

Thursday Morning News: Reading the entrails

Hey, all you Glee fans, did you catch this gem on Tuesday night? Artie: I thought I was over someone, but I still think I have feelings for them. Brittany: The Clintons? Yeah, you and half of the country. So, sports fans, are you ready to dive right in? Let’s start with the latest cave [...]

This sounds like it could be interesting

From Chris “Mad Bitch Beer” Cillizza: Tonight’s Delaware Senate debate between marketing consultant Christine O’Donnell (R) and New Castle County Executive Chris Coons (D) will be carried live on CNN and co-moderated by the network’s lead anchor Wolf Blitzer. Judging from that treatment, a casual viewer might conclude that the race for Vice President Joe [...]

Water is still wet, and pundits are still perplexed as ever.

So Obama fanboy Andrew Sullivan had this headline out yesterday — it’s a hoot — “Obama’s Lost Narrative” (h/t to memeorandum) : Nyhan goes after the Democrats for baseless attacks against the US Chamber of Commerce. It is very depressing to see them descend to this kind of stuff. What they need are not tactics [...]

That’s why he’s the Big Dawg

Howard Fineman: I see that Dr. Rand Paul has taken out after Bill Clinton, dredging up Monica Lewinsky. And I know why Paul did so. The former president was here in Kentucky yesterday and in this state, as in many others, he is a far more potent and popular foe than President Barack Obama. [...] [...]

Wednesday News

Good Morning Conflucians!! Let’s dive right in, so to speak. It looks like the deep water drilling band is lifted: The U.S. is back in the deep water oil-drilling business. The question now is when work will resume. The Obama administration, under heavy pressure from the oil industry and Gulf states and with elections nearing, [...]

I think I’m gonna vote for Laura Wells

From the Santa Rosa Press Democrat: Republican Meg Whitman and Democrat Jerry Brown attacked each other’s policies, positions and high-profile campaign gaffes Tuesday at the third and final gubernatorial debate. “It’s not just me, it’s the people of California who deserve better than slurs,” Whitman said, criticizing Brown for an aide who was infamously recorded [...]

Bullycide at ??? High

My High School alma mater has become famous in recent months. Earlier today, the actor from that new show on NBC I can’t be bothered to watch, The Event, Scott Patterson, posted the address, location and phone number of the guidance office of Mentor High School on his Facebook page. It was wrong of him [...]

The Death Agony of a Once Great Newspaper

The Washington Post has not been a serious newspaper for a long time. The paper has grown increasingly conservative over the years, and with a few exceptions like Dana Priest and William Arkin, Post writers are mostly establishment suck-ups like Bob Woodward. But yesterday the Post really outdid themselves by publishing a horrendously bigoted “guest [...]