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The Filter: When Is Nothing Better Than Something?
By Paul Wachter - AOL News(March 1) -- With so many news aggregators out there, who can keep up? AOL News filters the filters to steer you to the headlines that really matter. Skip Those, Read This: Both The Huffington Post and The Daily Beast lead with stories on the 8.8-magnitude earthquake that ravaged Chile on Saturday. The latter picks up the New York Times' coverage. The death toll is more than 700 and growing, and rescue efforts are ongoing. Huffington links to an Associated Press report comparing Chile's quake to Haiti's, which was weaker but caused more devastation, with more than 200,000 killed. The quake ...
Is Dennis Kucinich Joining the Tea Party Movement?
By Donna Trussell - Politics DailyMy time-space continuum warped when I heard that Dennis Kucinich had talked to tea partiers and found common ground. After the Democratic defeat in Massachusetts last month, Kucinich said, "There's nothing liberal about the bailouts. There's nothing liberal about standing by and watching banks use public money to get their executive bonuses. There's nothing liberal about giving insurance companies carte blanche to charge anything they want for health care...Since when did that become liberal?" A lot of citizens who once stumped for Obama – for change and hope, they thought – feel ...
Vanna White in the White House? How About Bruce?
By Donna Trussell - Politics DailyVanna White, the pleasant letter-turner on the game show Wheel of Fortune, was wildly popular in the mid-1980s. Some surmised that Vanna's appeal stemmed not from her blondness, but rather her blandness. Viewers saw either a girl next door or an irresistible, slightly dangerous hottie, depending on what they wanted to see. So my suggestion for 2012 presidential candidate is: Bruuuuuuce! Yes, Mr. Springsteen. The singer. Well, why not? ...
Paul Krugman: Tea Parties Reflect U.S. History of 'Paranoid' Politics
By David Sessions - Politics DailyIn Monday's New York Times, Paul Krugman argues that Tea Party protests in Washington represent the mainstream of the Republican Party and are part of a long history of paranoid politics in the United States. The state of mind visible at recent right-wing demonstrations is nothing new. Back in 1964 the historian Richard Hofstadter published an essay titled, "The Paranoid Style in American Politics," which reads as if it were based on today's headlines: Americans on the far right, he wrote, feel that "America has been largely taken away from them and their kind, though they are determined to ...
Paul Krugman Says He Feels 'Despair' Over Global Warming
By David Sessions - Politics DailyNew York Times columnist Paul Krugman wrote Monday that he sometimes "feels despair over the state of the planet." He compared climate scientists who are making increasingly dire predictions to the cursed prophetess who foretold the downfall of Troy. "Climate scientists have, en masse, become Cassandras - gifted with the ability to prophesy future disasters, but cursed with the inability to get anyone to believe them," Krugman wrote. Krugman attributed his despair to the correctness of scientists' predictions over the past few years, and the growing indications that cataclysmic changes in the ...
Economists: Not As Smart as You Think (Or Are They?)
By Joann M. Weiner - Politics DailyEconomics appears to have replaced the law as the profession of ridicule. In April, for example, Business Week ran a cover story asking, "What Good Are Economists Anyway?" given that they failed to predict the worst recession since the Great Depression. More recently, Paul Krugman, writing for the New York Times, asks "How Did Economists get it So Wrong?"Krugman's "it" presumably refers to predicting the financial crisis. With his Nobel Prize in economics, Krugman's criticism of his profession is not likely to be ignored, and it shouldn't be. In his lengthy article for the Times, Krugman ...
Geithner's Plan Leaked; Krugman Says 'Zombie Ideas Have Won'
By Tommy Christopher - Politics DailyTreasury Secretary Tim Geithner's plan to relieve banks of so-called "toxic assets" has been leaked to the New York Times, and Nobel Economics laureate Paul Krugman (my pick for Treasury Secretary) is less than whelmed: The Geithner plan has now been leaked in detail. It's exactly the plan that was widely analyzed - and found wanting - a couple of weeks ago. The zombie ideas have won. The Obama administration is now completely wedded to the idea that there's nothing fundamentally wrong with the financial system - that what we're facing is the equivalent of a run on an essentially sound bank. ...
Mount St. Jindal
By David Knowles - Politics DailyBobby Jindal's widely-panned "response" to President Obama's congressional address may well be remembered, if it is remembered at all, for the rather ironic remarks the Louisiana Governor made concerning the money that our government allots to the US Geologic Survey to monitor active volcanoes. Here is the exact line that Jindal included in his "coming out speech", which, when it was written, must have seemed like something of a punchline to a joke about the role of government as it relates to the stimulus package:"It includes... $140 million for something called 'volcano monitoring.' Instead ...
How's It Playing on Main Street?
By David Knowles - Politics DailyThe massive government bailout of the financial sector that is currently being debated in Congress is causing consternation among our best and brightest economists, as well as our lawmakers. Indeed, the only thing that everyone seems to agree upon is that it's regrettable we find ourselves in such a mess. Who is to blame, and how we go about fixing it, is a whole other matter. One thing that I believe all Americans should demand is that both John McCain and Barack Obama return to Washington to vote on the forthcoming legislation. Since the economy is the single most pressing issue in this ...
Holiday Gas Pandering
By David Knowles - Politics DailyHillary Clinton and John McCain think that a "gas tax holiday" is a great idea. Barack Obama, on the other hand, sees the proposal as nothing more than a gimmick designed to pander to voters in an election year. Obama:"That's typical of how Washington works. There's a problem: everybody's upset about gas prices. Let's find some short term, quick fix. That we can say we did something, even though we're not really doing anything. Because if you actually took away the gas tax, what are the oil companies going to do? They're gonna raise your gas by 5 cents. You'll never see the savings. And then ...
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