The Beginning of the End of the Beginning of the Recession?

August 1, 2009

Reports from America aren’t as bad as expected: the recent decline in output “was smaller than many economists had predicted, and a lot less than the dramatic 6.4% annual rate of contraction of the previous three-month period.” But there are plenty of reasons we aren’t out of the woods yet.

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Why Did Google Ban a Senator's Website?

August 1, 2009

Texas Senator Kay Bailey Hutchison, never one to avoid the spotlight, is smack in the middle of it at the moment — but not for any good reasons. It’s never a good week when your campaign site ends up getting banned by Google.

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Infidelity and its Implications: Why is Cheating So Bad?

July 31, 2009

“Proponents of traditional sexual morality can take some comfort in the fact that, a few cynics and radical secularists aside, there is widespread agreement about the moral wrong of sexual infidelity in marriage.” Christopher Tollefsen has some interesting insights into the modern ramifications for cheating on one’s spouse.

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Europe's Sovereignty Depends on Containing Russia's Ambitions

July 31, 2009

“Since the days of Soviet foreign minister Andrei Gromyko, regimes have come and gone, but the conviction endures that only classical powers matter: the United Kingdom, France, and above all Germany, long a political dwarf but always an economic giant,” writes André Glucksmann. “In the face of a global crisis, European disunity is evident.”

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The Economy May Be Coming Back, But First Comes More Bankruptcies

July 31, 2009

Even as “economists see signs the economy is slowly improving,” a wave of bankruptcies are expected from “firms walloped by the recession and credit crisis,” and it’s massive: “too many firms are loaded up with too much debt to survive the next year without defaulting on their debt obligations and filing for bankruptcy protection.”

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When We Heard "Beer Summit With Joe Biden," We Thought It'd Be A Lot More Fun, Entertaining

July 31, 2009

We’d like to know what happened after Gates and Crowley drank beer with POTUS and VPOTUS. One of our guesses: “Gates got escorted into the White House by Obama for a stylish dinner and a night in the Lincoln Bedroom. Crowley got stuffed into Seat 25B on the next shuttle flight back to Boston.” Anyone?

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Deciphering the Treasury Auctions: US Bowls a Tricky Ball to Markets (TWSS)

July 31, 2009

“What was particularly disturbing about these auctions was the poor demand from overseas investors, notably central banks, whose appetite for Treasuries will be crucial if the US is to successfully raise the sums it needs this year.” Buyers’ tendencies point “to US interest rates rising more than is desirable in the current climate.”

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Pelosi Lashes Out at Private Insurance "Villains" for "Carpet Bombing" Reform

July 31, 2009

No wonder she’s so popular. “I think it’s very clear that we want a strong public option in the legislation. Insurance companies are out there in full force carpet bombing, shock and awe, against a public option,” Pelosi said. Rahm needs to reconsider the Speaker’s situation as soon as possible to keep order.

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Ortiz and Ramirez on MLB Positive PED List for 2003: Questions Explode About Red Sox Championships

July 31, 2009

We all knew about Manny, but somehow, Ortiz’s combination of media savvy and giant charm had allowed his rather eye-raising stat-jumps to attract real attention. Put us with White Sox Manager Ozzie Guillen: “This is ridiculous. This is embarrassing. This is a joke. Whoever is there is there, get them out and that’s it.”

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Pelosi-Waxman Fail: Why This Pair is a Massive Gift to Weakened House GOP

July 31, 2009

Kim Strassel talks about people missing John Dingell: “Waxman has unrelentingly antagonized the rural Democratic members who make up the majority of his committee. He wrote a climate bill without their input, loaded it with provisions that hurt their districts, and left them to vote on Republican amendments designed to inflict maximum political damage.”

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