August 2011
2 tags
“And then there are the reported terms of the deal, which amount to an abject...”
– Paul Krugman, The President Surrenders - NYTimes
“Huge win for Obama: Across the board spending cuts in trigger would not take effect until 2013 — when Bush tax cuts expire.” - @StevenTDennis
Krugman writes that Obama “surrendered last December.” But as I wrote here, Obama was the clear winner...
2 tags
1 tag
3 tags
“The agreement would raise the $14.3 trillion debt limit in two stages by as much...”
– The Washington Post, “White House, Congressional Leaders Reach Debt Deal” (via inothernews)
1 tag
sexartandpolitics:
Instead of focusing on waste and fraud in the welfare net, how about we focus on waste and fraud in defense appropriations?
Too many rich and connected people make too much money from the fraud built into defense contracts.
“Unemployment will be higher than it would have been otherwise. Growth will be...”
– Mohamed El-Erian, chief of the bond investment firm Pimco, explaining the likely impact of Washington’s just-agreed to big budget cuts. (via officialssay)
3 tags
1 tag
2 tags
1 tag
1 tag
July 2011
2 tags
“feel a little poke coming through… on you”
– emily dickinson (via bandwagonpete)
“The most common way people give up their power is by thinking they don’t have...”
– Alice Walker
2 tags
1 tag
“Sometimes the Bible in the hand of one man is worse than a whisky bottle in the...”
– Harper Lee (To Kill a Mockingbird)
2 tags
2 tags
1 tag
1 tag
1 tag
“In your hands, my dissatisfied fellow-countrymen, and not in mine, is the...”
– Abraham Lincoln: First Inaugural Address (via apsies)
3 tags
5 tags
The BBC is aiming to put all 200,000 paintings in... →
4 tags
2 tags
2 tags
leftofsound:
The Perfect Fit - The Dresden...
3 tags
chrisafer asked: If you keep posting wonderful things people will start to think you have good taste.
5 tags
What the new GDP numbers tell us about stimulus →
As Moody’s chief economist Mark Zandi told me this morning, the revisions suggest that the recession following the financial crisis was much, much more severe than we’d thought—the economy actually shrank at a 8.9 percent annual rate the fourth quarter of 2008 and 6.7 percent in the first quarter of 2009 (originally estimates had shown a smaller, 5.9 percent annualized drop across both...
1 tag
3 tags
“Wisdom doesn’t necessarily reside in the middle of the road, and I want leaders...”
– Paul Krugman, The Centrist Cop-Out
“Corporate employers, their eyes firmly fixed on stock prices and the bottom...”
– What’s Wrong With America’s Job Engine? - WSJ.com (via robot-heart-politics)
2 tags
"The market"
barthel:
Dear journalists: please stop talking about “the market” as if it were an actual thing with concrete desires, motivations, and reasoning. As in, “the market reacted badly to the continued standoff over the debt ceiling.” This is bullshit. “The market” did nothing. “The market” is an aggregation of individual buying and selling decisions, the majority of which were presumably made for...
2 tags
2 tags
