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Observations on current events

Thoughts on politics, public policy, and journalism.


Yesterday
Iraq: Scott Riter: For Bush - and Obama - a Gut Check "George Bush's candid interview with ABC News' Charles Gibson has one moment of awful truth - when the president, asked if he'd have gone to war had he known there were no weapons of mass destruction in Iraq, stated: 'That's a do-over that I can't do.' If only he could. More than 4,207 US service members, 314 coalition troops (including 176
December 2
The Banksters' Influence: AP: Feds ignored clear meltdown warnings "The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of
December 1
War As A Profit Center: NY Times: One Man's Military-Industrial-Media Complex "...General McCaffrey, 66, has long been a force in Washington's power elite. A consummate networker, he cultivated politicians and journalists of all stripes as drug czar in the Clinton cabinet, and his ties run deep to a new generation of generals, some of whom he taught at West Point or commanded in the Persian Gulf
November 27
Housing: Patricia Williams: Predatory Scapegoating "Some three weeks before New York Governor Eliot Spitzer was forced to resign his office in disgrace (sex! scandal! floozies!), he published an op-ed in the Washington Post. Titled 'Predatory Lenders' Partner in Crime: How the Bush Administration Stopped the States From Stepping In to Help Consumers,' the piece expressed Spitzer's concern that
November 24
Economics: Paul Krugman: The Lame-Duck Economy "...How much should we worry about what looks like two months of policy drift? At minimum, the next two months will inflict serious pain on hundreds of thousands of Americans, who will lose their jobs, their homes, or both. What’s really troubling, however, is the possibility that some of the damage being done right now will be irreversible. I’m