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    what do politicians hate more than anything else?

    Doubt. Doubt = weakness, and weakness = electoral failure.

    So it’s a minor miracle when a politician reaches the right conclusion and, despite his doubts, acts on it:

    SANTA FE — The Bill Richardson who announced a repeal of the death penalty in New Mexico on Wednesday was not the same Bill Richardson who usually shows up for face time with the news media.

    [...]



    merit pay ain’t the way

    There is no question that Barack Obama will be a better president for the state of education in this country than George “is our children learning” Bush could ever hope to be, and almost anything would be better than Bush’s odious, expensive, top-heavy and radically stupid No Child Left Behind.

    That being said, merit pay is just another Republican red herring and should [...]



    Why Isn’t Simon Johnson the Treasury Secretary?

    This is the most succinct explanation I have come across of where we are at and of what to do with regard to the financial crisis affecting our country.  I hope Obama and Congress are listening.  From Bill Moyers Journal (you can watch the video here):

    February 13, 2009

    BILL MOYERS: Welcome to the Journal.

    The battle is joined as they [...]



    The Parrot

    A young man named John received a parrot as a gift. The parrot had a bad attitude and an even worse vocabulary. Every word out of the bird’s mouth was rude, obnoxious and laced with profanity.

    John tried and tried to change the bird’s attitude by consistently sayingonly polite words, playing soft music and anything else he could think of to “clean up” [...]



    what robert reich said

    See, Ed, I was right:

    The real problem is on the demand side of the economy.

    Consumers won’t or can’t borrow because they’re at the end of their ropes. Their incomes are dropping (one of the most sobering statistics in Friday’s jobs report was the continued erosion of real median earnings), they’re deeply in debt, and they’re afraid of losing their jobs.

    Introductory [...]



    Palin Perfect to Replace Dick

    Excerpt from Talking Points Memo: Getting Real About Palin:

    When Palin became governor they went for another bite at the apple. Palin, her husband and several members of her staff began pressuring Public Safety Commissioner, Walt Monegan — a respected former Chief of the Anchorage police department — to can Wooten. Monegan resisted, arguing that the [...]



    defining your terms

    From our international banker this morning:

    The U.S. economy may yet slip into recession, but inflation is an even bigger risk given the “exceptionally” stimulative stance of monetary policy, Richmond Federal Reserve President Jeffrey Lacker said on Tuesday. Lacker pointed out that when adjusted for inflation, the federal funds rate for overnight lending, currently at 2%, is at its lowest level in post-war [...]

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