Schilling Announces Retirement

March 23, 2009

Curt Schilling announces his retirement on his 38pitches.com blog.

More →

Wall Street Digs Geithner's Toxic Assets Plan: Stocks Rebound

March 23, 2009

Stocks jumped on Monday after the Treasury Department detailed its plan to relieve banks of soured assets. At 9:40 a.m., the Dow Jones Industrial Average was up 185 points. The S&P 500 index jumped 2.7%, bolstered by an 8.3% surge in its financial sector, and the Nasdaq Composite Index gained 2.2%.

More →

Cost: Why Did Obama Claim to be Bipartisan When He Isn't?

March 23, 2009

Jay Cost asks: “Why has the President embraced such a highly partisan posture, one he was decrying just three years ago?” That’s easy – the makeup of Congress has changed dramatically since those days. Everyone wants people to be bipartisan when they’re in the political minority. When you’re king of Washington, you don’t really care.

More →

In Defense of Populism: Our American Common Sense

March 23, 2009

Nixonland author Rick Pearlstein unleashes a full-throated defense of populist frustration with the AIG bonuses and the government bailouts as a whole. For the bad name American populism has in the mainstream media, he argues, in this case it has the advantage of being right and almost entirely justified. But are pitchforks really a solution?

More →

UK to Face Four Years or More of Deflationary Risk

March 23, 2009

Britain expected to be “mired in a deflation trap for years,” economists warn. “The forecast is based largely on the bank’s prediction that the unemployment rate will soar to 10.4pc of the workforce by 2011, depressing the wider economy, and underlines the disparity between economists’ expectations for the coming years.” Maybe they should sell DVDs?

More →

Geithner: My Plan for Bad Bank Assets

March 23, 2009

Embattled TreasSec Tim Geithner lays out plan for bad bank assets. As reported over the weekend, it’s a three-pronged strategy that leans heavily on the willingness of private investors to take up the slack thanks to heavy discounts and government backing. But will it impact nervous investors in the wake of AIG scandal?

More →

New Study Supports Serb Leader's Claim Holbrooke Promised Immunity

March 23, 2009

Radovan Karadzic, former Bosnian Serb leader now held on war crimes charges, claims Richard Holbrooke (currently special envoy on Afghanistan and Pakistan) promised him immunity from prosecution in exchange for stepping down from power. Holbrooke denies this, but a new study from Purdue supports Karadzic’s claim. Another Obama official in hot water?

More →

Kyle Smith: So Sayeth the Teleprompter

March 23, 2009

Smith continues his hot streak: “This is thine president, thine one true president. Hark and behold my words, for let it be said that I am very good at this job.” POTUS’s loyalty to his teleprompter suggests that his remarks during the campaign itself were even more John Favreau-scripted than some suggested.

More →

There Once Was a Man from Nantucket: Why Bad Jokes are Better

March 23, 2009

Good jokes are too unique to be memorable, according to a bunch of smart folks. “The structure and punchlines of cliched gags are so predictable it makes them easy to recall…good jokes work in the opposite way to a poem or piece of music.” Ladies and Gentlemen, we give you Paul Blart: Mall Cop.

More →

Generational Analysis: Why Can't Obama Just Focus on One Thing?

March 23, 2009

Adopting the same let’s-analyze-ourselves-to-death syndrome the Boomers inflicted on the rest of us, the Generational Politics approach to Obama’s presidency illustrates a possible cultural reason for the “taking on 27 problems at once” method of governance: an addiction to technology and multitasking. See, it’s society’s problem this isn’t working.

More →