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Thursday, August 18, 2011

Laugh of the Day

From the Kudlow-Kernan-Caruso-Cabreraesque CNBC brain trust milieu, 1140 is the "worst case". Got it.

Wednesday, August 17, 2011

Latest GOP Misery Index

The Problem is with the 20-year budget, didn't you hear, so much so that we need a super-congress to solve it.

Meanwhile, what a headfake that is. Aren't we all dead in the long-run?

A cool 15 million:

Wednesday, August 10, 2011

A disasterous belief in American "exceptionalism"

The belief that, no matter what we do (better: "is done by them"), it will all work out, leading to this kind of apathy at the polls:

"Overall, it appeared that more than 43% of voting-age adults turned out in the recalls [in Wisconsin]" - Milwaukee Journal Sentinel

Not even more than half the people of Wisconsin could be bothered to vote, with the dramatic changes/unraveling going on there. Gulp. Yet, this is seen as "high".

Monday, August 8, 2011

"The Revenge of Macro"

La reprise to the "End of Macro" and all its aficionados.

(I just wanted to be the first to say it.)

American Heroes

Was it worth it? The price that everyone is paying so that the GOP can pretend to get its brand back?

Sunday, August 7, 2011


What it means to live in the ambit of Iran. Syria goes past the point of return (if it hasn't already).

Thursday, August 4, 2011

Cap, Cut and Heeere's Hoover!

We now know what GOP-Tea prosperity looks like.

Thank you, Senator McConnell and the Senate Republicans. You guys are da bomb:

Paging Larry Kudlow

How are those "green shoots" working out?

Just sayin'.

/"Future Babble"

Tuesday, August 2, 2011

Sedition: Defining Down "FULL faith and credit of the United States"

So, who thinks that politicians who sign a "no new taxes pledge" and then go on to say that the U.S. debt is sound and sacrosanct aren't, at best, double-speakers, and, at worse, guilty of sedition?

After all, the "FULL faith and credit" of the U.S. includes the ability to tax (and even tax harshly, say) to make sure that obligations are met.

To deliberately sign a pledge that runs so obviously and "commonsensically" counter to the U.S. Constitution is perhaps ... sedition.

Market Gets to Vote on McConnell-Boehner Dancing on the Ceiling


Kinda says it all, as the market digests extremist Tea-Party rhetoric-become-reality and legislation that more-or-less hamstrings policy makers and prolongs the uncertainty during a critical economic time in the U.S. economy:

Markets off 2.5%+, as Americans "embrace the suck" in GOP-Tea politics:

Monday, August 1, 2011



McConnell and Boehner obviously feel like they've achieved something ... suddenly, everyone is going to be better off because we are vapidly cutting spending during a downturn that has headline unemployment still at 9%.