Fox News Broadens the Ideological Range of Its Pundits
Winston Churchill Liveblogs World War II: May 25, 1940

links for 2010-05-24

  • MOC: "Global warming: Cute, but deadly"
  • CG: "What timing. On the day that the new coalition government starts down the road of rapid deficit reduction, Adam Posen, external member of the Bank of England’s Monetary Policy Committee, throws a well-aimed grenade into the mix. The questions he asks should make everyone pause for thought.... In his speech, Mr Posen uses his ample experience of Japan’s lost decade to look at the consequences of fiscal tightening after a big bust and when monetary policy is not as effective as normal. It suggests the ambition from fiscal tightening is not to consider a brighter future, but to avoid disaster and accept pain. It is not cheery stuff."
  • TNC: "I don't mean to pick on Rand Paul over this courage point. When I was at Howard, a certain kind of Negro was always big on talking about what he "would have done." As in "Ain't no would have been a slave," or "I would have been with Nat Turner." I just used to think, "Nigga, you wasn't going do shit but pick that cotton." Sorry, I digress. I've got the movement in my blood, but no way can I imagine being white, nineteen, violating the law, and being sent off to jail. In Mississippi. As I understand [Joan Trumpauer] Mulholland went on to transfer from Duke to historically black Tugaloo. We need to be careful about talking up what we "would have done." It's easy to talk that shit now."
  • StF: "The iPad and other devices like it are going to murder large sections of the Windows based market.... It’s not the form factor per se. Not that it’s a “tablet”. I’ll boil it down: 1. Instant on. It just works... the iPad (and future devices of its class) are just much more convenient. I love my ThinkPad T400. But when I go to it, I have to pray whether it’ll come out of sleep. If it does come out of sleep, it’ll be slow. Maybe it will be out of batteries. Who knows.... 2. Speed. Similar to #1, I can check my email, look at my various RSS feeds and scan my schedule in less than 30 seconds.... 3. The App store. I have downloaded (and paid for) a lot of $2.00 programs that are just amazing. It’s not that you couldn’t make these on the PC, it’s just that people would scream that it should be free.... The iPad is only the beginning. Once Android devices and WebOS devices show up, it could spell the beginning of the end of Windows dominance."
  • T-NC: "When discussing them, all bloggers are required to begin their missives by quickly dispensing with with the "Are they racist?" strawman. Answering in the affirmative has been outlawed in polite company, where there are no actual racists. And so we are left, as I've said, with imbecility as an explanation, and a much more troubling query--"Are they stupid?" ("Are you so stupid that you would allow racist newsletters to be published in your name?" "Are you so stupid that you would have a campaign manager with "Happy Nigger day" on his Myspace page?")"
  • RR: "Two cheers for Senator Christopher Dodd and Senate Democrats who... have passed the most sweeping reform of financial markets in 80 years.... The bill was long in coming and must now be reconciled with a similar bill passed by the House of Representatives last December (on a 223-202 vote, with 27 Democrats joining unanimous Republican opposition), before it can be signed into law. Among many other things, it sets up a council of regulators to monitor “systemic risks”, creates a consumer protection division within the Federal Reserve charged with coming up with rules to protect consumers from abusive lending practices, allows the government to seize and liquidate failing financial companies and gives regulators new powers to oversee the giant derivatives market, forcing most trading on to open exchanges. But the Senate bill does not merit three cheers. Although it is tougher than the House bill, it contains some whopping loopholes"
  • MK: "\Opinion is still mixing about the status of the financial reform bill.... It's a perfectly reasonable first response to the crisis we went through, and it should have been passed in exchange for TARP. In an ideal world, we as a people could have said: "Yes we will loan you $800,000,000,000 and untold amounts more through the Federal Reserve. But in exchange for this loan, we need a legal mechanism to FDIC you guys, to undo the derivatives deregulation of the 1990s and update the derivatives regime for the 21st century, consolidate consumer protection and expand it to include the shadow banking lending networks, and if you are a shadow bank please act like you are a regular bank when it comes to capital." Sadly that wasn't ready to move as an attachment to that short document that Federal Reserve provided in the 2008 panic."
  • JH: "In walking this stuff back... Paul is walking back his longstanding, core philosophical commitments. So now we know: he is willing to vote for things things that, by his own lights, go against the Constitution and reduce individual liberty, in the most essential sense.... This retreat really ought to be worse than out-and-out liberalism, again by Paul’s own lights, because liberals at least have the decency to be confused about what the Constitution says.... And liberals don’t value freedom all that highly, supposedly, so it’s not surprising that they are perfectly willing to chuck liberty into the fiery maw of the Moloch of ‘social justice’.... What’s Paul’s philosophical excuse? Why aren’t conservative-libertarians up in arms, complaining about this cowardly betrayal of...? Is no one willing to shout from the rooftops that Jim Crow – privately and informally enforced! – is the price we should be willing to pay for freedom?"