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Archive for July, 2009

The conventional wisdom seems to be that Vietnam was a bad war because we lost.  Pity, because the tragedy is that there was nothing there to win. It is a distinction that I fear has been lost among our political leadership on both sides of the aisle.  It’s easy to imagine war as capture the [...]

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Details

There is something about a large federal program that makes it impossible for every stakeholder to resist trying to bury a clause or two for his own enrichment.  Probably the money. I realize this isn’t new.  Railroad construction was a scam of epic proportions in a growing nation, not because of the profitability of the [...]

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Waterloo

Jim DeMint believes health care will be the President’s Waterloo: He may be right…but I’m not sure Waterloo is the metaphor he thinks it is.

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The House hearings on rescission – the retroactive cancellation of individual health insurance policies – were over a month ago, but after its initial run through Daily Kos it seems to have waited a bit before popping up on Baseline and Slate.  James Kwak at Baseline described the practice as rare, affecting only 0.5% of [...]

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Food

This weekend the Remote Area Medical Group – a variant of Medecins Sans Frontieres – had its annual field event at the Wise County Fair Ground.  In Virginia, not Zimbabwe. It is disgraceful that in the United States, which our politicians insist on telling us is the best at everything, people need to drive hundreds [...]

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James Kwak takes on Will Wilkinson, who has a critique of Paul Krugman‘s articles about income inequality.  I’m not sure I agree with any of them. The third grade version of the debate so far: Paul says that when he grew up in the 1950s, everything was perfect.  We lived in cookie-cutter suburbs, drove one [...]

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Goldman Sachs reached agreement with the Treasury to buy back Treasury’s TARP warrants.  As the press release makes clear: In June, Goldman Sachs repaid the U.S. Treasury’s investment of $10 billion, and during the eight months of the investment, the firm paid $318 million in preferred dividends. We are pleased that the payment of the [...]

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Fancy Fast Food

Thank you Freakanomics, for showing me a website dedicated to rearranging fast food items.  Yes, this really is a Big Mac, fries, and Coke:

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During the campaign, one of the rare moments of principle of any candidate was Obama’s refusal to take Hillary’s bait and endorse a gas tax holiday.  It was the time I stopped seeing him as Candidate Barack Obama and started seeing him as President Barack Obama.  Although I have disagreed with some of the decisions [...]

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On July 3, 1863, the Army of Northern Virginia was defeated at Gettysburg by the Army of the Potomac.  As was fitting for a conflict in which each side simultaneously advocated the right of the minority to be free from the majority and the majority’s right to dominate the minority, the South attacked from the [...]

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